osaühing PalmetRegistered

10298383Private limited company (OÜ)Founded 1997

Key figures

434 069 €+34,0%
Revenue 2025
+9,4%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026120 831 €612 064 €
Q2 2026201 114 €68991 €
Q1 2026124 641 €67207 €
Q4 2025131 419 €65470 €
Q3 2025115 926 €611 515 €
Q2 2025194 973 €67841 €
Q1 2025161 762 €56779 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets120 191169 621337 468252 474360 454268 396361 852
Total non-current assets173 911232 685194 611262 359190 858201 866128 011
Total assets294 102402 306532 079514 833551 312470 262489 863
Balance sheet — liabilities and equity
Current liabilities147 820126 931163 447136 370174 991126 316147 419
Non-current liabilities12 56030 76917 70126 08921 80416 99612 401
Total liabilities160 380157 700181 148162 459196 795143 312159 820
Share capital22 05022 05022 05022 05022 05022 05022 050
Retained earnings of previous periods107 707109 435220 319326 644328 087330 230302 663
Profit for the year1728110 884106 32514432143−27 5673093
Reserves and other equity2237223722372237223722372237
Total equity133 722244 606350 931352 374354 517326 950330 043
Income statement
Sales revenue253 460370 888534 190306 054347 527323 996434 069
Operating profit2077111 007103 25623273408−35 7331222
EBITDA36 500160 806180 65659 24075 74243 73575 077
Profit before income tax1728110 884106 32514432143−27 5673093
Profit for the reporting year1728110 884106 32514432143−27 5673093
Labour costs29 38644 90651 66767 76866 60375 42596 610
Depreciation of non-current assets34 42349 79977 40056 91372 33479 46873 855
Other indicators
Employees3555455
Calculated dividend—000000

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 clear
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
65,43%2,57%8,29%6,57%5,14%4,86%4%3,14%3,14%osaühing PalmetAivo KikkasUrmo KaurSulev PerametsVäino ErtisLy ErtisOleg RätseppMailiis PollTaivo MärtinsonMerike SelgisPriit Pärn
CompanyPersonShareholderOther roleAdditional link

Public procurement

The company is itself a contracting authority: 1 tenders. View tenders →

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: osaühing Palmet

Overview

Osaühing Palmet (registry code 10298383) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Assikvere küla, Peipsiääre vald, Tartu maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE100389964).

Financial results

Revenue in financial year 2025 was 434 069 €, up 34,0% on the previous year (323 996 €). From 2019 to 2025, revenue grew by an average of 9,4% per year. Net profit for financial year 2025 was 3093 € (0,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 86 814 €. At the end of financial year 2025, total assets were 489 863 € and equity 330 043 € (67,4% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 120 831 €, up 4,2% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 12 064 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1350 € per month.

Management and owners

The management board has 3 members. According to the register, the company has 9 owners. The largest stake (65,4%) is held by a private individual.

Data sources and freshness

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 24.04.2026. 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.

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