PP2 Element OÜ
RegisteredKey figures
Ratios
2025Summary: PP2 Element OÜ
What kind of company is it?
PP2 Element OÜ (registry code 14434618) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Reola küla, Kambja vald, Tartu 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 EE102251582).
How is the company doing financially?
Revenue in financial year 2025 was 743 017 €, up 8,6% on the previous year (684 351 €). From 2019 to 2025, revenue grew by an average of 294% per year. Net profit for financial year 2025 was 9382 € (1,3% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 12 employees. Revenue per employee was 61 918 €. At the end of financial year 2025, total assets were 564 456 € and equity 14 054 € (2,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 700 304 €, up 585% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 35 727 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1340 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 28.08.2026. 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 | 700 304 € | 18 | 35 727 € |
| Q2 2026 | 573 323 € | 20 | 28 517 € |
| Q1 2026 | 582 699 € | 16 | 28 613 € |
| Q4 2025 | 189 277 € | 11 | 28 527 € |
| Q3 2025 | 102 167 € | 9 | 28 091 € |
| Q2 2025 | 115 610 € | 13 | 26 239 € |
| Q1 2025 | 67 038 € | 12 | 27 298 € |
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 | 195 866 | 1 219 225 | 1 216 730 | 684 351 | 743 017 |
| Net profit | −16 623 | −172 406 | 72 163 | −97 283 | 9382 |
| Retained earnings | 228 047 | 211 424 | 27 295 | 99 456 | 2172 |
| Total assets | 288 763 | 354 034 | 417 137 | 392 244 | 564 456 |
| Total liabilities | 77 339 | 315 016 | 315 179 | 387 572 | 550 402 |
| Total equity | 211 424 | 39 018 | 101 958 | 4672 | 14 054 |
| Employees | 1 | 23 | 15 | 12 | 12 |
| Average gross salary (monthly) | — | 2040 | 1674 | 1266 | 1249 |
| Calculated dividend | 0 | 0 | 9223 | 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 obligations1 issue1 note5 clear
Data from public registers, not a credit rating.
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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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