OÜ Picea Grupp
RegisteredKey figures
Ratios
2025Summary: OÜ Picea Grupp
What kind of company is it?
OÜ Picea Grupp (registry code 10767837) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 25 years. Registered location: Torma alevik, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE100706068).
How is the company doing financially?
Revenue in financial year 2025 was 632 725 €, down 37,6% on the previous year (1 013 529 €). From 2019 to 2025, revenue declined by an average of 8,3% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 225 391 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 8 employees (9 a year earlier). Revenue per employee was 79 091 €. At the end of financial year 2025, total assets were 2 299 705 € and equity 1 361 206 € (59,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 199 036 €, up 111% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 10 677 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 970 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 20.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 199 036 € | 8 | 10 677 € |
| Q2 2026 | 87 421 € | 6 | 13 178 € |
| Q1 2026 | 226 362 € | 8 | 15 069 € |
| Q4 2025 | 155 599 € | 8 | 12 636 € |
| Q3 2025 | 94 472 € | 7 | 10 396 € |
| Q2 2025 | 138 961 € | 6 | 17 812 € |
| Q1 2025 | 237 774 € | 12 | 21 175 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 196 015 € (12% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 727 846 | 1 252 624 | 988 974 | 1 013 529 | 632 725 |
| Net profit | 377 211 | 282 800 | 114 774 | −187 745 | −225 391 |
| Retained earnings | 1 448 800 | 1 826 011 | 2 108 811 | 1 818 466 | 1 434 706 |
| Total assets | 2 916 297 | 3 399 709 | 3 455 156 | 2 813 449 | 2 299 705 |
| Total liabilities | 938 395 | 1 139 007 | 1 079 680 | 1 030 837 | 938 499 |
| Total equity | 1 977 902 | 2 260 702 | 2 375 476 | 1 782 612 | 1 361 206 |
| Employees | 10 | 10 | 9 | 9 | 8 |
| Average gross salary (monthly) | 923 | 866 | 1322 | 1410 | 1211 |
| Calculated dividend | 0 | 0 | 0 | 405 119 | 196 015 |
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
Data from public registers, not a credit rating.
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State aid and grants
52 recordsState aid and de minimis aid in total 82 359 € (2014–2026). Largest grantors: SA Keskkonnainvesteeringute Keskus (57 252 €), Põllumajanduse Registrite ja Informatsiooni Amet (25 106 €).
Show all aid records (52)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| SA Keskkonnainvesteeringute Keskus | Metsamaaparandustööd | 3829 € | 25.02.2026 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 468 € | 11.02.2026 |
| SA Keskkonnainvesteeringute Keskus | Üraskikahjustuste ennetamise toetus | 400 € | 01.12.2025 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1228 € | 27.10.2025 |
| SA Keskkonnainvesteeringute Keskus | Erametsaomanike nõustamine | 100 € | 13.05.2025 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 259 € | 08.04.2025 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 4678 € | 25.03.2025 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 2376 € | 14.10.2024 |
| SA Keskkonnainvesteeringute Keskus | Erametsaomanike nõustamine | 100 € | 08.05.2024 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 176 € | 04.04.2024 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1305 € | 21.03.2024 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1401 € | 25.10.2023 |
| SA Keskkonnainvesteeringute Keskus | Erametsaomanike nõustamine | 100 € | 11.05.2023 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 242 € | 05.04.2023 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1735 € | 16.03.2023 |
| SA Keskkonnainvesteeringute Keskus | Metsamaaparandustööd | 8526 € | 23.11.2022 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1258 € | 07.10.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 7198 € | 16.08.2022 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 269 € | 31.03.2022 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 368 € | 16.03.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 7429 € | 27.12.2021 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1538 € | 08.10.2021 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1279 € | 17.03.2021 |
| SA Keskkonnainvesteeringute Keskus | Erametsaomanike nõustamine | 80 € | 12.03.2021 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 197 € | 11.03.2021 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1119 € | 19.10.2020 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 287 € | 26.03.2020 |
| SA Keskkonnainvesteeringute Keskus | Metsamaaparandustööd | 8281 € | 29.11.2019 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1296 € | 17.10.2019 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 658 € | 03.04.2019 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1656 € | 27.03.2019 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1555 € | 31.10.2018 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine | 109 € | 04.04.2018 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 378 € | 20.03.2018 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Metsamaaparandustööd | 3955 € | 05.01.2018 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1415 € | 09.11.2017 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine ja metsamajandamiskava koostamine | 635 € | 30.03.2017 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 589 € | 03.11.2016 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine ja metsamajandamiskava koostamine | 351 € | 04.04.2016 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 902 € | 24.03.2016 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 1171 € | 11.11.2015 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine ja metsamajandamiskava koostamine | 1654 € | 04.06.2015 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 2502 € | 12.03.2015 |
| SA Keskkonnainvesteeringute Keskus | Metsa uuendamine | 240 € | 05.11.2014 |
| SA Keskkonnainvesteeringute Keskus | Metsa inventeerimine ja metsamajandamiskava koostamine | 544 € | 10.09.2014 |
The total also includes 7 tax reductions worth 6525 € (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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