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AS Pinest

Registry code (registrikood) 11139468Public limited company (Aktsiaselts)VAT EE100996962Activity (EMTAK 16219): Muude puitplaatide tootmineActive

Tartu linn, Tartu County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€25.7M
▲ 21.9% vs 2024
Profit before tax (2025)
€3.2M
Employees, FTE (2025)
73
State taxes paid, last 4 quarters
€1.3M

Revenue, profit and employees, 2019–2025

€19.7M2019€21.1M2020€33.9M2021€35.7M2022€24.3M2023€21.1M2024€25.7M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€19,667,527€2,528,635€2,334,077€12,690,24180
2020€21,066,679€3,012,910€2,953,649€14,893,89076
2021€33,926,372€5,178,018€5,107,521€19,001,41083
2022€35,698,685€4,865,889€4,573,175€21,574,58584
2023€24,278,789€3,273,684€2,860,322€21,434,90772
2024€21,074,076€2,309,298€1,170,074€15,604,98169
2025€25,684,954€3,001,975€3,183,234€18,788,21573

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€5,842,624€14,330,392€1,627,338€12,813€12,690,241
2020€8,548,181€16,522,296€1,622,949€5,457€14,893,890
2021€12,677,810€21,490,390€2,487,376€1,604€19,001,410
2022€14,176,332€23,044,925€1,434,412€35,928€21,574,585
2023€15,545,058€22,995,971€1,536,294€24,770€21,434,907
2024€9,645,900€18,660,539€3,042,119€13,439€15,604,981
2025€9,121,337€20,803,210€2,014,027€968€18,788,215

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€260,548€234,013€10,593,76593
2022 Q2€1,042,244€293,335€16,026,91895
2022 Q3€568,824€281,762€10,690,08787
2022 Q4€217,924€231,782€9,209,80779
2023 Q1€293,204€177,349€6,316,70677
2023 Q2€583,303€249,985€9,119,45078
2023 Q3€1,239,965€228,352€6,430,32273
2023 Q4€415,836€211,080€7,854,51273
2024 Q1€258,399€184,640€5,052,26572
2024 Q2€1,112,238€223,474€6,774,59669
2024 Q3€207,534€215,145€6,111,28168
2024 Q4€238,483€192,252€7,903,19469
2025 Q1€989,372€232,609€7,309,01871
2025 Q2€298,680€262,181€9,213,79172
2025 Q3€326,220€264,738€7,295,46773
2025 Q4€365,458€263,442€9,568,82576
2026 Q1€295,272€269,833€10,617,43076
2026 Q2€298,075€276,634€10,260,51177

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), AS Pinest reported revenue of €25,684,954.

The company closed the 2025 financial year with a net profit of €3,183,234.

Revenue increased by 21.9% from €21,074,076 in 2024 to €25,684,954 in 2025.

Revenue grew at a compound annual rate of 4.5% between 2019 and 2025.

Equity accounted for 90.3% of total assets of €20,803,210 at the end of the 2025 reporting period.

With 73 full-time-equivalent employees in 2025, revenue per employee was €351,849.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, AS Pinest reported €37,742,233 in turnover.

EMTA recorded 77 employees for the quarter ending Q2 2026, compared with 73 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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