Pawal Works OÜ

Registered
14722145Private limited company (OÜ)Founded 2019

Key figures

87 589 €−9,3%
Revenue 2025
+31,4%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Pawal Works OÜ

What kind of company is it?

Pawal Works OÜ (registry code 14722145) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE102221855).

How is the company doing financially?

Revenue in financial year 2025 was 87 589 €, down 9,3% on the previous year (96 573 €). From 2019 to 2025, revenue grew by an average of 31,4% per year. Net profit for financial year 2025 was 10 327 € (11,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 87 589 €. At the end of financial year 2025, total assets were 78 869 € and equity 55 265 € (70,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 18 994 €, down 14,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1201 €. 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 management board has 2 members. 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 31.01.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202618 994 €11201 €
Q2 202619 444 €11166 €
Q1 202624 577 €11106 €
Q4 202521 009 €11126 €
Q3 202522 224 €11126 €
Q2 202524 778 €11126 €
Q1 202520 030 €11061 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20231351 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue82 53784 308105 30696 57387 589
Net profit16 197−21 61218 757−562710 327
Retained earnings34 77650 97328 01046 76742 438
Total assets70 31363 11873 43361 69878 869
Total liabilities16 84031 25724 16618 05823 604
Total equity53 47331 86149 26743 64055 265
Employees23111
Average gross salary (monthly)780863733820883
Calculated dividend00135100

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
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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

50%50%Pawal Works OÜPavel Smolnikov1Valentyna Afanasyeva
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 5221 € (2021). Largest grantors: Eesti Töötukassa (5221 €).

Show all aid records (2)
20215221 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3434 €02.12.2021
Eesti TöötukassaPalgatoetus VTA1787 €22.07.2021

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 ↗

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies