Pivots Engineering OÜRegistered
Annual report for 2025 not filed.
Key figures
1 096 881 €−9,4%
Revenue 2024
+29,1%
Average annual growth 2019–2024
Ratios
202411,8%
Profit margin
17,9%
EBITDA margin
91,1%
Equity ratio
7,6×
Current ratio
9,3%
Return on equity
3241 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 111 226 € | 4 | 21 315 € |
| Q1 2026 | 246 180 € | 4 | 20 701 € |
| Q4 2025 | 158 487 € | 4 | 21 302 € |
| Q3 2025 | 227 252 € | 4 | 21 341 € |
| Q2 2025 | 652 132 € | 5 | 28 354 € |
| Q1 2025 | 578 928 € | 5 | 21 364 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2024
Distributed as dividends 96 245 € (7% of distributable profit).
History
202496 245 €
2023140 001 €
20220 €
20210 €
20200 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 633 513 | 517 542 | 614 357 | 796 588 | 880 706 | 1 029 006 |
| Total non-current assets | 216 461 | 184 683 | 153 907 | 525 894 | 523 759 | 494 485 |
| Total assets | 849 974 | 702 225 | 768 264 | 1 322 482 | 1 404 465 | 1 523 491 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 42 466 | 53 337 | 41 336 | 145 675 | 50 068 | 135 724 |
| Non-current liabilities | — | — | — | — | — | — |
| Total liabilities | 42 466 | 53 337 | 41 336 | 145 675 | 50 068 | 135 724 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 804 494 | 804 696 | 646 076 | 724 116 | 1 033 994 | 1 255 340 |
| Profit for the year | 202 | −158 620 | 78 040 | 449 879 | 317 591 | 129 615 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 807 508 | 648 888 | 726 928 | 1 176 807 | 1 354 397 | 1 387 767 |
| Income statement | ||||||
| Sales revenue | 306 198 | 365 620 | 408 262 | 733 272 | 1 210 656 | 1 096 881 |
| Operating profit | 532 | −158 649 | 78 021 | 450 135 | 317 576 | 129 670 |
| EBITDA | 24 647 | −125 367 | 111 551 | 484 832 | 387 317 | 196 846 |
| Profit before income tax | 202 | −158 620 | 78 040 | 449 879 | 317 591 | 129 615 |
| Profit for the reporting year | 202 | −158 620 | 78 040 | 449 879 | 317 591 | 129 615 |
| Labour costs | 93 901 | 126 876 | 118 798 | 70 863 | 131 792 | 167 332 |
| Depreciation of non-current assets | 24 115 | 33 282 | 33 530 | 34 697 | 69 741 | 67 176 |
| Other indicators | ||||||
| Employees | 3 | 3 | 3 | 2 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 0 | 140 001 | 96 245 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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