AS Matrix-Puit

Registered
10289668Public limited company (AS)Founded 1997

Key figures

205 199 €+40,7%
Revenue 2025
−1,3%
Average annual change 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: AS Matrix-Puit

What kind of company is it?

AS Matrix-Puit (registry code 10289668) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Leevaku küla, Räpina vald, Põlva maakond. According to the latest annual report, the main activity is firewood production (EMTAK 02202). The company is registered for VAT (VAT number EE100495010).

How is the company doing financially?

Revenue in financial year 2025 was 205 199 €, up 40,7% on the previous year (145 844 €). From 2019 to 2025, revenue declined by an average of 1,3% per year. Net profit for financial year 2025 was 20 425 € (10,0% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 6 employees (5 a year earlier). Revenue per employee was 34 200 €. At the end of financial year 2025, total assets were 792 258 € and equity 414 786 € (52,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 16 639 €, down 56,3% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 5910 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 770 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. The sole owner of the company is a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 18.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202616 639 €65910 €
Q2 202624 877 €65592 €
Q1 202656 131 €65274 €
Q4 2025118 268 €64750 €
Q3 202538 036 €64566 €
Q2 202510 148 €65740 €
Q1 202532 813 €56210 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue231 104593 78039 105145 844205 199
Net profit20 532351 907−171 780−30 79620 425
Retained earnings101 063121 594473 500301 718270 920
Total assets424 289711 628743 990734 787792 258
Total liabilities179 253114 686318 829340 424377 472
Total equity245 036596 942425 161394 363414 786
Employees910856
Average gross salary (monthly)468768793870729
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear1 for information
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
2 pledges · 87 240 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%AS Matrix-Puit4Urmas Mälberg4Margus ZupsmannMati Vaher1Urve Varik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 2452 € (2017–2018). Largest grantors: Eesti Töötukassa (2228 €), Põllumajanduse Registrite ja Informatsiooni Amet (223 €).

Show all aid records (3)
20182380 €
201772 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2228 €18.10.2018

The total also includes 2 tax reductions worth 223 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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