Papas OÜ
RegisteredKey figures
Ratios
2025Summary: Papas OÜ
What kind of company is it?
Papas OÜ (registry code 12011411) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is other construction installation (EMTAK 43241). The company is registered for VAT (VAT number EE101408187).
How is the company doing financially?
Revenue in financial year 2025 was 71 867 €, up 11,5% on the previous year (64 443 €). From 2019 to 2025, revenue declined by an average of 7,4% per year. Net profit for financial year 2025 was 130 € (0,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 35 934 €. At the end of financial year 2025, total assets were 66 219 € and equity 53 499 € (80,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 87 913 €, up 665% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1192 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 02.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 87 913 € | 1 | 1192 € |
| Q2 2026 | 106 888 € | 1 | 1802 € |
| Q1 2026 | 65 016 € | 2 | 746 € |
| Q4 2025 | 33 436 € | 1 | 1214 € |
| Q3 2025 | 11 493 € | 1 | 2928 € |
| Q2 2025 | 12 716 € | 2 | 2665 € |
| Q1 2025 | 14 057 € | 2 | 1327 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 14 460 € (22% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 126 962 | 138 099 | 63 630 | 64 443 | 71 867 |
| Net profit | 16 095 | −16 732 | 74 605 | −27 689 | 130 |
| Retained earnings | 34 739 | 50 833 | 34 101 | 92 706 | 50 557 |
| Total assets | 146 672 | 90 986 | 122 735 | 80 259 | 66 219 |
| Total liabilities | 93 026 | 54 073 | 11 217 | 12 430 | 12 720 |
| Total equity | 53 646 | 36 913 | 111 518 | 67 829 | 53 499 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 551 | 526 | 512 | 902 | 667 |
| Calculated dividend | 0 | 0 | 0 | 16 000 | 14 460 |
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 issue1 note5 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Osaühing Mapri Ehitus148 m €
- Aktsiaselts Merko Ehitus Eesti133 m €
- OÜ NOBE121 m €
- AS Connecto Infra119 m €
- LEONHARD WEISS OÜ119 m €