Pihla Grupp OÜRegistered

12111070Private limited company (OÜ)Founded 2011
Qualified audit opinion. 2024 report: Qualified.

Key figures

6 672 595 €+92,4%
Revenue 2025
+37,2%
Average annual growth 2019–2025
02 m4 m6 m8 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
02 m4 m6 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20262 763 316 €3358 466 €
Q2 20261 865 869 €3155 292 €
Q1 20262 759 251 €3150 709 €
Q4 20251 626 945 €2948 294 €
Q3 20251 695 464 €2844 321 €
Q2 20251 338 097 €2648 439 €
Q1 20251 035 313 €2644 171 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets212 028296 877319 980787 5421 371 6651 778 5233 366 133
Total non-current assets77 88234 50182 78712 427521 746643 0901 113 330
Total assets289 910331 378402 767799 9691 893 4112 421 6134 479 463
Balance sheet — liabilities and equity
Current liabilities53 452103 528143 879107 529215 105350 8461 341 894
Non-current liabilities5872835737 50537 50565 62152 73255 713
Total liabilities59 324111 885181 384145 034280 726403 5781 397 607
Share capital2500250025002500250025002500
Retained earnings of previous periods149 544228 086216 993218 882652 4351 610 1852 015 535
Profit for the year78 542−11 0931890433 553957 750405 3501 063 821
Total equity230 586219 493221 383654 9351 612 6852 018 0353 081 856
Income statement
Sales revenue998 3231 095 7652 044 7214 442 2033 699 4263 467 3456 672 595
Operating profit79 278−10 7032586475 399962 766362 5041 029 972
EBITDA85 854−385712 590525 359998 566399 6971 117 107
Profit before income tax78 648−11 0931890433 553957 750405 3501 063 821
Profit for the reporting year78 542−11 0931890433 553957 750405 3501 063 821
Labour costs171 499151 570238 268311 477266 872388 407537 414
Depreciation of non-current assets6576684610 00449 96035 80037 19387 135
Other indicators
Employees12142317172126
Calculated dividend—000000

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 note5 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)
Annual report filing
3/3 filed
Filed late: 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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80%20%Pihla Grupp OÜ7Margus Soonik1Ragnar Kaiste
CompanyPersonShareholderOther roleAdditional link

Public procurement

20 contracts

Public contracts won worth 17 407 576 € from 14 contracting authorities (02.10.2023–05.03.2026). Plus 2 framework agreements shared with other suppliers (not included in the total).

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: Pihla Grupp OÜ

Overview

Pihla Grupp OÜ (registry code 12111070) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101453161).

Financial results

Revenue in financial year 2025 was 6 672 595 €, up 92,4% on the previous year (3 467 345 €). From 2019 to 2025, revenue grew by an average of 37,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1 063 821 € (15,9% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 26 employees (21 a year earlier). Revenue per employee was 256 638 €. At the end of financial year 2025, total assets were 4 479 463 € and equity 3 081 856 € (68,8% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 2 763 316 €, up 63,0% on the same quarter a year earlier. The company had 33 employees in that quarter. Labour taxes paid in the quarter: 58 466 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1220 € per month.

Management and owners

The company has one management board member. According to the register, the company has 2 owners. The largest stake (80%) is held by 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 16.09.2026. 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.

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