Pinskiva Timber OÜIn bankruptcy

16143368Private limited company (OÜ)Founded 2021
Tax debt 541 524 € as of 16.10.2026.Source: Tax and Customs Board
Annual report for 2025 not filed.

Key figures

4 796 375 €+24,8%
Revenue 2024
+724,8%
Average annual growth 2021–2024
02 m4 m6 m2021202220232024

Ratios

2024
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m2021202220232024
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20263452 €—0 €
Q2 20260 €——
Q1 20260 €——
Q4 2025510 902 €—6333 €
Q3 20251 278 222 €4491 429 €
Q2 20251 385 691 €48173 271 €
Q1 2025857 136 €4557 852 €

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

Summary of financial statements2021–2024
2021202220232024
Balance sheet — assets
Total current assets10 889454 611380 653709 631
Total non-current assets—431 723404 684285 292
Total assets10 889886 334785 337994 923
Balance sheet — liabilities and equity
Current liabilities34556 198781 708944 735
Non-current liabilities———35 239
Total liabilities34556 198781 708979 974
Share capital2500250025002500
Retained earnings of previous periods—8105327 385879
Profit for the year8355319 281−326 50611 320
Reserves and other equity—250250250
Total equity10 855330 136362914 949
Income statement
Sales revenue85492 831 2643 844 5834 796 375
Operating profit8286320 164−316 61736 669
EBITDA—350 386−107 551160 609
Profit before income tax8355319 281−326 50611 320
Profit for the reporting year8355319 281−326 50611 320
Labour costs—432 336736 444144 263
Depreciation of non-current assets—30 222209 066123 940
Other indicators
Employees020237
Calculated dividend—000

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 obligations3 issues3 clear
Register status
In bankruptcy
Business Register
Tax debt
541 524 €
as of 16.10.2026
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2022 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Pinskiva Timber OÜ9+Chris-Eric Andresen
CompanyPersonShareholderOther roleAdditional link

Public procurement

1 contracts

Public contracts won worth 94 888 € from 1 contracting authorities (14.04.2025–14.04.2025).

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: Pinskiva Timber OÜ

Overview

Pinskiva Timber OÜ (registry code 16143368) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021. Status in the register: in bankruptcy. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is kokkupandavate puitehitiste ja nende elementide tootmine (EMTAK 16231). The company is registered for VAT (VAT number EE102450891).

Financial results

Revenue in financial year 2024 was 4 796 375 €, up 24,8% on the previous year (3 844 583 €). From 2021 to 2024, revenue grew by an average of 725% per year. This is the company's highest revenue among the published years (2021–2024). Net profit for financial year 2024 was 11 320 € (0,2% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2024 the company had 7 employees (23 a year earlier). Revenue per employee was 685 196 €. At the end of financial year 2024, total assets were 994 923 € and equity 14 949 € (1,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 1280 € per month.

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 3452 €, down 99,7% on the same quarter a year earlier.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Points to note

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 03.09.2025. 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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