PALU OÜRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 93 000 € | — | 0 € |
| Q1 2026 | 119 100 € | — | 4915 € |
| Q4 2025 | 33 142 € | 2 | 3911 € |
| Q3 2025 | 182 406 € | 2 | 13 346 € |
| Q2 2025 | 170 782 € | 9 | 8591 € |
| Q1 2025 | 114 751 € | 8 | 9966 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 72 368 | 239 418 | 186 444 | 168 094 | 365 561 | 274 669 | 108 205 |
| Total non-current assets | 321 640 | 529 639 | 659 175 | 681 108 | 475 855 | 360 199 | 314 224 |
| Total assets | 394 008 | 769 057 | 845 619 | 849 202 | 841 416 | 634 868 | 422 429 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 54 903 | 222 447 | 226 903 | 145 388 | 390 307 | 391 434 | 71 536 |
| Non-current liabilities | 38 480 | 173 765 | 194 043 | 133 293 | 78 917 | 19 589 | 19 772 |
| Total liabilities | 93 383 | 396 212 | 420 946 | 278 681 | 469 224 | 411 023 | 91 308 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 19 000 | 19 000 | 19 000 |
| Retained earnings of previous periods | 238 355 | 297 756 | 295 289 | 347 118 | 147 837 | 346 356 | 274 846 |
| Profit for the year | 59 714 | 72 533 | 126 828 | 220 847 | 205 355 | −141 511 | 37 275 |
| Total equity | 300 625 | 372 845 | 424 673 | 570 521 | 372 192 | 223 845 | 331 121 |
| Income statement | |||||||
| Sales revenue | 470 112 | 847 996 | 1 203 673 | 801 604 | 1 361 660 | 610 075 | 424 859 |
| Operating profit | 13 386 | 76 219 | 59 786 | 156 447 | 265 360 | −133 757 | −7663 |
| EBITDA | 30 651 | 99 202 | 106 446 | 215 378 | 318 599 | −89 433 | 33 443 |
| Profit before income tax | 59 714 | 72 533 | 128 053 | 223 822 | 255 355 | −141 511 | −12 725 |
| Profit for the reporting year | 59 714 | 72 533 | 126 828 | 220 847 | 205 355 | −141 511 | 37 275 |
| Labour costs | 131 328 | 129 896 | 219 737 | 207 767 | 164 622 | 121 810 | 72 600 |
| Depreciation of non-current assets | 17 265 | 22 983 | 46 660 | 58 931 | 53 239 | 44 324 | 41 106 |
| Other indicators | |||||||
| Employees | 7 | 10 | 17 | 13 | 11 | 7 | 5 |
| Calculated dividend | — | 0 | 75 000 | 74 999 | 403 684 | 6836 | 0 |
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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Public procurement
6 contractsPublic contracts won worth 361 096 € from 2 contracting authorities (03.10.2023–23.03.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Eesti elektrijaama maa-alusel kanalil selitatud vee sulgemisseadmete süsteemi renoveerimine | Enefit Power AS | 69 118 € | 23.03.2025 |
| Mahutite tugede rekonstrueerimine | Enefit Power AS | 16 050 € | 23.03.2025 |
| Auvere jaama ja õlitehase uue TP kütusegalerii K-2 DE lae sandwich-paneelide restaureerimine | Enefit Power AS | 14 470 € | 03.03.2025 |
| Kanalisatsiooni ümberühendamine A. H. Tammsaare tänaval ja Rahu põigul Jõhvi linn, Jõhvi vald, Ida-Viru maakond | Osaühing JÄRVE BIOPUHASTUS | 166 541 € | 19.08.2024 |
| Enefit 280 joogiveetorustiku paigaldamine | Enefit Power AS | 74 865 € | 24.10.2023 |
| Narva karjääri remondi ja laomajanduse plokis söögi- ning puhkeruumi ehitamine | Enefit Power AS | 20 052 € | 03.10.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: PALU OÜ
Overview
PALU OÜ (registry code 11707553) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Järve küla, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is construction of water, gas and sewerage pipelines (EMTAK 42211). The company is registered for VAT (VAT number EE101447038).
Financial results
Revenue in financial year 2025 was 424 859 €, down 30,4% on the previous year (610 075 €). From 2019 to 2025, revenue declined by an average of 1,7% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 37 275 € (8,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (7 a year earlier). Revenue per employee was 84 972 €. At the end of financial year 2025, total assets were 422 429 € and equity 331 121 € (78,4% of assets). Based on labour costs in the report, the estimated average gross salary was about 900 € per month.
Latest quarterly figures
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 30.06.2026. 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.