Pinecco OÜ

Registered

14953889Private limited company (OÜ)Founded 2020

Key figures

151 920 €+132,9%

Revenue 2025

+86,2%

Average annual growth 2020–2025

Ratios

2025

2,4%

Profit margin

3,7%

EBITDA margin

39,5%

Equity ratio

1,3×

Current ratio

27,6%

Return on equity

749 €

Average gross salary

Summary: Pinecco OÜ

What kind of company is it?

Pinecco OÜ (registry code 14953889) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Soinaste küla, Kambja vald, Tartu maakond. According to the latest annual report, the main activity is real estate agency services (EMTAK 68311). The company is registered for VAT (VAT number EE102248935).

How is the company doing financially?

Revenue in financial year 2025 was 151 920 €, up 133% on the previous year (65 231 €). From 2020 to 2025, revenue grew by an average of 86,2% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 3661 € (2,4% of revenue). The company was profitable in 5 of the 6 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 75 960 €. At the end of financial year 2025, total assets were 33 634 € and equity 13 278 € (39,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 50 739 €, down 9,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1895 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 750 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (33,3%) 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 22.05.2026. 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	50 739 €	2	1895 €
Q2 2026	25 595 €	2	1564 €
Q1 2026	19 800 €	2	3040 €
Q4 2025	28 558 €	2	2933 €
Q3 2025	56 214 €	3	2933 €
Q2 2025	20 439 €	3	2933 €
Q1 2025	19 211 €	3	3248 €

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

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	10 773	12 677	37 568	65 231	151 920
Net profit	1763	3348	746	−20 475	3661
Retained earnings	4793	6556	25 596	26 342	5867
Total assets	9832	15 380	34 539	29 732	33 634
Total liabilities	776	2976	4447	20 115	20 356
Total equity	9056	12 404	30 092	9617	13 278
Employees	0	2	2	2	2
Average gross salary (monthly)	—	—	322	833	1053
Calculated dividend	0	0	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

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.

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State aid and grants

1 record

State aid and de minimis aid in total 5611 € (2024). Largest grantors: Eesti Töötukassa (5611 €).

Show all aid records (1)

20245611 €

Grantor	Purpose	Amount	Date
Eesti Töötukassa	Palgatoetus VTA	5611 €	06.11.2024

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

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

Related companies

Largest in the same sector — Real estate

Same activity — Real estate agency services

Same address