OÜ Piar

Registered
11485360Private limited company (OÜ)Founded 2008
Qualified audit opinion. 2025 report: Qualified.

Key figures

4 098 727 €−3,6%
Revenue 2025
+20,5%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: OÜ Piar

What kind of company is it?

OÜ Piar (registry code 11485360) 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: Peetri alevik, Rae vald, Harju maakond. According to the latest annual report, the main activity is manufacture of furniture (EMTAK 3100). The company is registered for VAT (VAT number EE101221432).

How is the company doing financially?

Revenue in financial year 2025 was 4 098 727 €, down 3,6% on the previous year (4 252 730 €). From 2019 to 2025, revenue grew by an average of 20,5% per year. Net profit for financial year 2025 was 174 846 € (4,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 29 employees (26 a year earlier). Revenue per employee was 141 335 €. At the end of financial year 2025, total assets were 3 311 663 € and equity 2 111 426 € (63,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 792 113 €, down 51,1% on the same quarter a year earlier. The company had 22 employees in that quarter. Labour taxes paid in the quarter: 76 752 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2190 € per month.

Who runs the company and who owns it?

The company has one management board member. 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 01.09.2026. 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 2026792 113 €2276 752 €
Q2 2026901 847 €2685 599 €
Q1 2026728 484 €2796 351 €
Q4 20251 507 090 €31104 542 €
Q3 20251 619 844 €3295 225 €
Q2 20251 106 105 €2777 407 €
Q1 20251 527 331 €2681 265 €

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 €
2024444 210 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022 †202320242025
Sales revenue2 147 6214 851 1382 652 7794 252 7304 098 727
Net profit−68 3251 027 966284 530664 263174 846
Retained earnings563 096314 3051 400 4761 240 7961 933 768
Total assets1 244 4131 837 1092 138 2702 658 3203 311 663
Total liabilities746 830492 026450 452750 4491 200 237
Total equity497 5831 345 0831 687 8181 907 8712 111 426
Employees2024222629
Average gross salary (monthly)10461551166116131997
Calculated dividend0——444 2100

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.

Risks and obligations2 notes6 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
Auditor's opinion
Qualified
Business Register · 2025 annual report
Commercial pledges
None
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%OÜ Piar2Ivan Gluštšenko
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

11 records

State aid and de minimis aid in total 444 622 € (2013–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (442 554 €), Tallinna Strateegiakeskus (2068 €), Tallinna Linnakantselei (0 €).

Show all aid records (11)
202532 103 €
2024306 196 €
202388 263 €
20200 €
201915 992 €
20141111 €
2013957 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusArendusosak32 103 €21.11.2025
Ettevõtluse ja Innovatsiooni SihtasutusArendusosak0 €04.02.2025
Ettevõtluse ja Innovatsiooni SihtasutusInvesteeringuteks ettenähtud regionaalabi (artikkel 14)218 480 €07.11.2024
Ettevõtluse ja Innovatsiooni SihtasutusProtsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29)79 226 €07.11.2024
Ettevõtluse ja Innovatsiooni SihtasutusVKEdele nõustamiseks antav abi (artikkel 18)8490 €24.05.2024
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus88 263 €09.05.2023
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"0 €01.04.2020
Ettevõtluse ja Innovatsiooni SihtasutusVKEde messil osalemine (VTA)15 992 €11.04.2019
Tallinna StrateegiakeskusMuu208 €26.09.2014
Tallinna StrateegiakeskusMessil osalemine (VTA)903 €19.05.2014
Tallinna StrateegiakeskusMessil osalemine (VTA)957 €14.03.2013

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 ↗

Change history

1 change
  • 12.10.2026*Annual report 2025 filed

Entered in the register on 18.03.2008.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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

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