Palu Tootmine Osaühing

Registered
11481056Private limited company (OÜ)Founded 2008

Key figures

1 817 148 €−22,9%
Revenue 2025
−3,0%
Average annual change 2019–2025
01 m2 m3 m4 m2019202020212022202320242025

Ratios

2025

Summary: Palu Tootmine Osaühing

What kind of company is it?

Palu Tootmine Osaühing (registry code 11481056) 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: Jõhvi linn, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE101230821).

How is the company doing financially?

Revenue in financial year 2025 was 1 817 148 €, down 22,9% on the previous year (2 355 521 €). From 2019 to 2025, revenue declined by an average of 3,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 107 648 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 29 employees (24 a year earlier). Revenue per employee was 62 660 €. At the end of financial year 2025, total assets were 1 675 664 € and equity 1 485 286 € (88,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 730 675 €, up 23,1% on the same quarter a year earlier. The company had 30 employees in that quarter. Labour taxes paid in the quarter: 55 198 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1260 € 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 Palu Group OÜ.

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 22.06.2026. 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 2026730 675 €3055 198 €
Q2 2026972 946 €3051 777 €
Q1 2026557 215 €2955 968 €
Q4 2025696 878 €2761 976 €
Q3 2025593 711 €2964 425 €
Q2 2025602 942 €3056 377 €
Q1 2025565 413 €2755 404 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
202360 000 €
2022150 000 €
2021150 000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue2 253 5123 002 5672 592 5452 355 5211 817 148
Net profit194 887723 475404 943212 671−107 648
Retained earnings264 146309 033972 5081 377 4511 590 122
Total assets934 6901 420 5131 585 4441 736 9621 675 664
Total liabilities472 845385 193205 181144 028190 378
Total equity461 8451 035 3201 380 2631 592 9341 485 286
Employees2626242429
Average gross salary (monthly)10921121117114151317
Calculated dividend150 000150 00060 00000

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
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
20 000 €
Luminor Bank AS
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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50%50%Palu Tootmine OsaühingPalu Group OÜVIP Metall OÜ1Veniamin Võlegžanin2Vjatšeslav Palu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

12 records

State aid and de minimis aid in total 32 314 € (2016–2024). Largest grantors: Eesti Töötukassa (28 354 €), Ettevõtluse ja Innovatsiooni Sihtasutus (3960 €).

Show all aid records (12)
20245568 €
20215033 €
20206146 €
20194026 €
20189383 €
20162157 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2538 €13.09.2024
Eesti TöötukassaPalgatoetus VTA3030 €16.08.2024
Eesti TöötukassaPalgatoetus VTA3606 €25.05.2021
Eesti TöötukassaPalgatoetus VTA1427 €08.02.2021
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak3960 €10.06.2020
Eesti TöötukassaPalgatoetus VTA2186 €18.02.2020
Eesti TöötukassaPalgatoetus VTA2600 €27.02.2019
Eesti TöötukassaTugiisikuga töötamine VTA1426 €23.01.2019
Eesti TöötukassaPalgatoetus VTA641 €17.10.2018
Eesti TöötukassaPalgatoetus VTA2750 €11.10.2018
Eesti TöötukassaPalgatoetus VTA5993 €21.05.2018
Eesti TöötukassaPalgatoetus VTA2157 €07.12.2016

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.

Related companies

Largest in the same sector — Manufacturing
Same activity — Manufacture of other structural metal products and parts

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