ETENRU

AS Pinest

Compare
RegisteredTartu County
Registry code
11139468
VAT number
EE100996962
Address
Tartu maakond, Tartu linn, Tartu linn, Näituse tn 25, 50409
Registered
31.08.2005 · 21 yrs
Activity
Manufacture of veneer sheets and wood-based panels 16219
Additional activities
Agents involved in the sale of a variety of goods
Capital
1 100 000 €
Email
l•••@l•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.pinest.ee
Business Register 06.10.2026
Sales revenue25,7 m €+22%2025 annual report
Profit3,2 m €2025 annual report
Employees77Tax Board 2026 Q2
Average gross salary2 348 €estimate, Tax Board 2026 Q2
Labour taxes per quarter277 k €Tax Board 2026 Q2
Cash9,1 m €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months37,7 m €+24%Tax Board, last 4 quarters
State taxes 12 months1,3 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 10,3 mln €
6,1 M7,9 M7,3 M9,2 M7,3 M9,6 M10,6 M10,3 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 24% vs a year earlier
Notification when something changes
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Jaanus Aan2 companiesno tax debtPersonal ID ↗15.10.2008
Other persons 1
Nasdaq CSD SE1983 companies149 with tax debt40 bankruptShare register keeperPersonal ID ↗28.09.2017
Beneficial owners 1
Jüri Külvik6 companiesno tax debtkaudne osalus25.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue2,9%
Labour taxes / revenue2,7%
Revenue per employee per month44 418 €
Gross salary (estimate)2 348 €
Net salary (estimate)1 920 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q210 260 511 €▲ 11%276 634 €298 075 €77
2026 Q110 617 430 €▲ 45%269 833 €295 272 €76
2025 Q49 568 825 €▲ 21%263 442 €365 458 €76
2025 Q37 295 467 €▲ 19%264 738 €326 220 €73
2025 Q29 213 791 €▲ 36%262 181 €298 680 €72
2025 Q17 309 018 €▲ 45%232 609 €989 372 €71
2024 Q47 903 194 €▲ 1%192 252 €238 483 €69
2024 Q36 111 281 €▼ 5%215 145 €207 534 €68
2024 Q26 774 596 €▼ 26%223 474 €1 112 238 €69
2024 Q15 052 265 €▼ 20%184 640 €258 399 €72
2023 Q47 854 512 €▼ 15%211 080 €415 836 €73
2023 Q36 430 322 €▼ 40%228 352 €1 239 965 €73
Show full history (18 quarters)
2023 Q29 119 450 €▼ 43%249 985 €583 303 €78
2023 Q16 316 706 €▼ 40%177 349 €293 204 €77
2022 Q49 209 807 €231 782 €217 924 €79
2022 Q310 690 087 €281 762 €568 824 €87
2022 Q216 026 918 €293 335 €1 042 244 €95
2022 Q110 593 765 €234 013 €260 548 €93

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue25,7 m €▲ 22%21,1 m €▼ 13%24,3 m €▼ 32%35,7 m €▲ 5%33,9 m €
Profit3,2 m €▲ 172%1,2 m €▼ 59%2,9 m €▼ 37%4,6 m €▼ 10%5,1 m €
Profit margin12,4%5,6%11,8%12,8%15,1%
Retained earnings13,5 m €▲ 10%12,3 m €▼ 25%16,5 m €▲ 11%14,9 m €▲ 26%11,8 m €
Cash9,1 m €▼ 5%9,6 m €▼ 38%15,5 m €▲ 10%14,2 m €▲ 12%12,7 m €
Current assets16,5 m €▲ 8%15,4 m €▼ 24%20,3 m €▲ 3%19,8 m €▲ 10%18,0 m €
Fixed assets4,3 m €▲ 30%3,3 m €▲ 22%2,7 m €▼ 17%3,2 m €▼ 8%3,5 m €
Assets20,8 m €▲ 11%18,7 m €▼ 19%23,0 m €0%23,0 m €▲ 7%21,5 m €
Current liabilities2,0 m €▼ 34%3,0 m €▲ 98%1,5 m €▲ 7%1,4 m €▼ 42%2,5 m €
Long-term liabilities968 €▼ 93%13 439 €▼ 46%24 770 €▼ 31%35 928 €▲ 22×1 604 €
Total liabilities2,0 m €▼ 34%3,1 m €▲ 96%1,6 m €▲ 6%1,5 m €▼ 41%2,5 m €
Equity18,8 m €▲ 20%15,6 m €▼ 27%21,4 m €▼ 1%21,6 m €▲ 14%19,0 m €
Labour costs-2,5 m €▼ 21%-2,1 m €▲ 3%-2,2 m €▲ 15%-2,5 m €▼ 6%-2,4 m €
Employees73▲ 6%69▼ 4%72▼ 14%84▲ 1%83
Filed30.06.202601.07.202514.07.202419.07.202301.08.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Manufacture of veneer sheets and wood-based panels main activity1621925 664 414 €100%
Agents involved in the sale of a variety of goods4619120 540 €0%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

76 998 € makseid · 1 tenders · 3 toetust

Transactions with state institutions

20263 215 €
20255 407 €
202468 376 €

Largest payers

MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM67 996 €
Eesti Töötukassa9 002 €
All payments by month
MonthPayerTypeFieldAmount
04.2026Eesti TöötukassaMuud toetusedSocial protection of the unemployed557 €
03.2026Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
02.2026Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
01.2026Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
12.2025Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
11.2025Eesti TöötukassaMuud toetusedSocial protection of the unemployed874 €
10.2025Eesti TöötukassaOperating costsSocial protection of the unemployed990 €
09.2025Eesti TöötukassaOperating costsSocial protection of the unemployed1 994 €
08.2025Eesti TöötukassaOperating costsSocial protection of the unemployed664 €
12.2024Eesti TöötukassaMuud toetusedSocial protection of the unemployed380 €
09.2024MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedTeadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas67 996 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Public procurement contracts

DateContracting authorityTenderAmount
17.08.2026AS PinestToetuse saaja ost

Public Procurement Register

Toetuse saanud projektid toetus kokku 79 250 €

ProjektMeedePerioodToetusVälja makstud
Pinest AS varustuskindluse investeeringud
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Ressursitõhusate rohetehnoloogiate kasutuselevõtt01.08.2023 – 31.07.202572 000 €226 655 €
Pinest AS energia- ja ressursiaudit
Lõpetatud · Sihtasutus Keskkonnainvesteeringute Keskus		Ettevõtete energia- ja ressursitõhusus14.08.2018 – 13.08.20197 250 €14 500 €
AS Pinest pikaajalise strateegia koostamine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Teadmiste ja oskuste arendamise toetus16.05.2011 – 10.09.20115 840 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Manufacture of veneer sheets and wood-based panels

18
#CompanyRevenue
1aktsiaselts Barrus85,4 m €
2ECOBIRCH AS30,8 m €
3AS Pinest25,7 m €
4osaühing PEETRI PUIT22,9 m €
5Osaühing Dold Puidutööstus16,0 m €
6Riverbank OÜ7,1 m €
7Aikkon Scandinavia OÜ3,4 m €
8CLTEST OÜ3,4 m €
9Holz Element OÜ1,5 m €
10Bourbonko Bepoase OÜ1,3 m €
11"Lasva Liimpuidu" aktsiaselts1,1 m €
12Little Star OÜ591 k €
13DecNord Group OÜ517 k €
14Osaühing TRAKMETS378 k €
15Herol Audio OÜ149 k €
16Interior Wood OÜ64 720 €
17AT Puittooted OÜ36 741 €
18Osaühing Meeleheitel Koduperemehed10 605 €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Pandid, domeenid

2 records

Commercial pledges

NumberPandipidajaAmountSince
1Luminor Bank AS468 000 €26.11.2013

Domains

DomainSource
pinest.eeBusiness Register

History and notices

23
DateTypeContent
17.09.2026Order to remedy deficiencies
08.09.2026Order to remedy deficiencies to correct non-entry data
07.07.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
13.03.2018EntryKommertspandi muutmiskanne
18.01.2018EntryAmendment entry
23.12.2017EntryAmendment entry
04.12.2017EntryAmendment entry
28.09.2017EntryAmendment entry
06.11.2014EntryMuutmiskanne ÄS § 525 lg 2 alusel
29.05.2014EntryKommertspandi muutmiskanne
26.11.2013EntryKommertspandi avamiskanne
18.01.2012Negative entry order: deficiencies not remediedAmendment entry
11.11.2011Order to remedy deficienciesAmendment entry
06.10.2011Kättetoimetatav määrusAmendment entry
06.10.2011Kättetoimetatav määrusAmendment entry
08.08.2011Kättetoimetatav määrusToimiku dokumentide kontroll
28.12.2009EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
15.10.2008EntryAmendment entry
08.05.2008EntryAmendment entry
09.10.2007EntryAmendment entry
23.12.2005Jaatav kandeotsusAmendment entry
30.08.2005Jaatav kandeotsusFirst entry