Estonian Pellets OÜ

Registered
11461589Private limited company (OÜ)Founded 2008

Key figures

657 737 €+21,8%
Revenue 2025
+1,3%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: Estonian Pellets OÜ

What kind of company is it?

Estonian Pellets OÜ (registry code 11461589) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Nooska küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is processing and finishing of wood (EMTAK 16121). The company is registered for VAT (VAT number EE101208552).

How is the company doing financially?

Revenue in financial year 2025 was 657 737 €, up 21,8% on the previous year (540 186 €). From 2019 to 2025, revenue grew by an average of 1,3% per year. Net profit for financial year 2025 was 1125 € (0,2% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 6 employees (7 a year earlier). Revenue per employee was 109 623 €. At the end of financial year 2025, total assets were 883 170 € and equity 245 066 € (27,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 309 228 €, up 121% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 12 156 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1360 € per month.

Who runs the company and who owns it?

The management board has 2 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 14.07.2026. 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 2026309 228 €612 156 €
Q2 2026232 757 €510 175 €
Q1 2026184 322 €510 081 €
Q4 2025295 021 €510 308 €
Q3 2025140 236 €510 180 €
Q2 2025126 797 €59810 €
Q1 2025178 544 €510 457 €

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 revenue557 1971 563 6121 203 277540 186657 737
Net profit−22 858130 063−57 641−47 3851125
Retained earnings−86 300−109 15820 906−36 736−84 121
Total assets971 3601 012 2031 021 179930 961883 170
Total liabilities752 456663 236729 852687 020638 104
Total equity218 904348 967291 327243 941245 066
Employees67876
Average gross salary (monthly)79810691221938995
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 obligations1 note6 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Estonian Pellets OÜCharlotte Graae1Flemming Nymann Peder…
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Annual reportsPDF, XBRL

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

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