Picote Eesti OÜ
RegisteredKey figures
Ratios
2025Summary: Picote Eesti OÜ
What kind of company is it?
Picote Eesti OÜ (registry code 14220797) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Luige alevik, Kiili vald, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE101955575).
How is the company doing financially?
Revenue in financial year 2025 was 1 068 920 €, up 38,9% on the previous year (769 813 €). From 2019 to 2025, revenue grew by an average of 6,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 133 402 € (12,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 11 employees (10 a year earlier). Revenue per employee was 97 175 €. At the end of financial year 2025, total assets were 624 521 € and equity 464 047 € (74,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 401 156 €, up 55,7% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 47 128 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2440 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 2 owners. The largest stake (66,7%) is held by Innotia Eesti OÜ.
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. Latest register change: 05.11.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 02.03.2026. 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 | 401 156 € | 12 | 47 128 € |
| Q2 2026 | 456 189 € | 15 | 41 160 € |
| Q1 2026 | 324 441 € | 14 | 37 371 € |
| Q4 2025 | 342 387 € | 11 | 39 716 € |
| Q3 2025 | 257 588 € | 11 | 28 179 € |
| Q2 2025 | 249 780 € | 10 | 27 352 € |
| Q1 2025 | 256 977 € | 10 | 28 134 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 717 855 | 746 460 | 760 471 | 769 813 | 1 068 920 |
| Net profit | 70 261 | 16 021 | 8436 | 4660 | 133 402 |
| Retained earnings | 240 266 | 298 528 | 314 549 | 322 985 | 327 645 |
| Total assets | 446 096 | 453 405 | 468 034 | 444 438 | 624 521 |
| Total liabilities | 132 569 | 135 856 | 142 049 | 113 793 | 160 474 |
| Total equity | 313 527 | 317 549 | 325 985 | 330 645 | 464 047 |
| Employees | 12 | 14 | 14 | 10 | 11 |
| Average gross salary (monthly) | 1338 | 1218 | 1110 | 1661 | 1795 |
| Calculated dividend | 0 | 11 999 | 0 | 0 | 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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State aid and grants
3 recordsState aid and de minimis aid in total 12 860 € (2019–2026). Largest grantors: Eesti Töötukassa (11 680 €), Ettevõtluse ja Innovatsiooni Sihtasutus (1181 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 1181 € | 16.03.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 4727 € | 15.03.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 6953 € | 28.03.2019 |
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
5 changes- 09.11.2026*Address changed: Harju maakond, Kiili vald, Luige alevik, Luige tn 1/5 · previously: Harju maakond, Tallinn, Kesklinna linnaosa, Lühike jalg 1-4
- 09.11.2026*Name changed: 7CS OÜ → Picote Eesti OÜ
- 09.11.2026*Added: Procurator Gerli Raam-Uri
- 05.11.2026Registry entry changed · persons
- 13.10.2026Registry entry changed
Entered in the register on 14.03.2017.
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).
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