Pipest OÜ

Registered

16221460Private limited company (OÜ)Founded 2021

Key figures

54 371 €−12,5%

Revenue 2025

+12,5%

Average annual growth 2021–2025

Ratios

2025

8,7%

Profit margin

72,9%

Equity ratio

2,8×

Current ratio

15,4%

Return on equity

868 €

Average gross salary

Summary: Pipest OÜ

What kind of company is it?

Pipest OÜ (registry code 16221460) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Peetri alevik, Rae vald, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of plumbing and sanitary equipment (EMTAK 43222). The company is registered for VAT (VAT number EE102381481).

How is the company doing financially?

Revenue in financial year 2025 was 54 371 €, down 12,5% on the previous year (62 165 €). From 2021 to 2025, revenue grew by an average of 12,5% per year. Net profit for financial year 2025 was 4736 € (8,7% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 18 124 €. At the end of financial year 2025, total assets were 42 198 € and equity 30 756 € (72,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 6485 €, down 57,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1157 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € 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 23.06.2026. 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	6485 €	1	1157 €
Q2 2026	9935 €	1	1098 €
Q1 2026	12 907 €	3	820 €
Q4 2025	14 423 €	3	2771 €
Q3 2025	15 090 €	3	2255 €
Q2 2025	13 212 €	3	479 €
Q1 2025	10 964 €	2	1521 €

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	33 980	56 964	82 014	62 165	54 371
Net profit	83	6864	7481	11 592	4736
Retained earnings	—	83	6947	14 428	26 020
Total assets	10 665	35 573	36 714	39 500	42 198
Total liabilities	10 582	28 626	22 286	13 480	11 442
Total equity	83	6947	14 428	26 020	30 756
Employees	2	2	2	3	3
Average gross salary (monthly)	380	692	745	540	402
Calculated dividend	—	—	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 15 000 € (2022). Largest grantors: Riigi Tugiteenuste Keskus (15 000 €).

Show all aid records (1)

202215 000 €

Grantor	Purpose	Amount	Date
Riigi Tugiteenuste Keskus	Muu	15 000 €	26.09.2022

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.

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Same activity — Installation, repair and maintenance of plumbing and sanitary equipment

Same address