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AS Palmako

Legal form:
Public limited company
Registry code:
10301984
VAT no.:
EE100040546
Fiscal-year period:
01.01 - 31.12
Established:
03.11.1997 (28 y)
Former business names:
AS PALMAKO EHITUS
Capital:
81 728 EUR
Address:
Näituse tn 25, Tartu linn, Tartu linn, Tartu maakond, 50409
Status:
Registered
E-invoice reception:
e-arveldaja

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Contacts

Phone:
+372 7355530
Email:
lemeks@lemeks.ee
Website:
https://palmako.ee

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Industries

Industry TOPNo. 2 of 184 companies

Main activity 16231 · turnover over the last 4 quarters

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VAT liability

VAT no.StartEnd
EE10004054601.12.1997-

Annual reports

YearPeriodSubmittedStatus
202501.01.2025 – 31.12.202530.06.2026ValidPDF
202401.01.2024 – 31.12.202430.06.2025ValidPDF
202301.01.2023 – 31.12.202330.06.2024ValidPDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 19.10.2026.

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Tax data

PeriodState taxesLabour taxesTaxable turnoverEmployees
2026 Q31,30 M €1,66 M €24,8 M €−32,2%382
2026 Q2892 121 €1,52 M €36,6 M €+98,0%405
2026 Q11,02 M €1,42 M €18,5 M €−19,4%406
Total 2026:3,21 M €4,59 M €79,9 M €
2025 Q4667 753 €1,41 M €22,9 M €−4,4%387
2025 Q31,26 M €1,57 M €24,0 M €−26,9%386
2025 Q2978 542 €1,34 M €32,8 M €+80,6%388

Revenue by industry

202320242025
Manufacture of prefabricated wooden buildings and elements37 297 948 €45 381 140 €
Manufacture of other wood-based panels18 006 050 €18 720 628 €20 688 060 €
Sawing and planing of wood10 280 666 €9 980 762 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

Personal ID code
Rain Raudsepp37709XXXXXX28.09.1977 (49)Board member22.03.2024-

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1 – 1 / 1 rows

Holdings in companies

OÜ Palmako Pellet11.11.2011Shareholder2 500 EUR100,00%Sole ownership01.09.2023-

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1 – 1 / 1 rows
2026 Q3

Turnover

Amount
24 824 332 €
Monthly average
8 274 777 €
Per employee
21 662 €
Equity ratio
10 124,78%

Labour taxes

Turnover ratio
6,67%
Tax ratio
126,91%
Monthly average
551 891 €
Per employee
1 403 €

State taxes

Monthly average
434 867 €
Turnover ratio
5,26%

Estimated salary

Gross salary
2 584 €
Net salary
2 097 €

Aggregate data

20252024202320222021
Current assets33 087 968 €+10,8%29 866 784 €−8,6%32 672 664 €−10,8%36 628 068 €+18,4%30 942 288 €+15,8%
Non-current assets22 669 092 €−8,5%24 783 116 €+1,6%24 396 876 €−5,4%25 776 320 €+1,4%25 413 628 €+0,2%
Total assets56 121 744 €+1,9%55 075 904 €−4,0%57 379 532 €−8,1%62 404 388 €+10,7%56 355 916 €+8,2%
Short-term liabilities14 486 983 €−10,1%16 108 530 €+41,2%11 408 834 €−10,2%12 703 377 €−15,8%15 094 388 €+51,1%
Long-term liabilities1 191 031 €−32,4%1 762 233 €−17,9%2 146 540 €−55,4%4 810 343 €−20,7%6 067 910 €−17,7%
Total liabilities15 678 014 €−12,3%17 870 763 €+31,8%13 555 374 €−22,6%17 513 720 €−17,2%21 162 298 €+21,9%

Financial ratios

20252024202320222021
Profit and cash flow
EBITDA--
Liquidity
Current ratio3,02,0
Quick ratio0,40,5

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Licences & notices

LicenseSLM22/4612Frequency licencesValid28.07.202227.07.2023
1 – 1 / 1 rows

Regulations

Ä 20009654 / 2922.03.2024Entry – Amendment entry-Entered into force22.03.2024
Ä 20009654 / 2819.03.2024Entry – Amendment entry under NSPA § 595¹ (1)-Entered into force19.03.2024
Ä 20009654 / M1312.03.2024Order to remedy deficiencies – Amendment entry under NSPA § 595¹ (1)17.04.2024Deficiencies remedied19.03.2024
Ä 20009654 / 2727.01.2023Entry – Amendment entry-Entered into force27.01.2023
Ä 20009654 / M1228.12.2022Order to remedy deficiencies – Amendment entry27.01.2023Deficiencies remedied27.01.2023
1 – 5 / 41 rows

Real estate

Purpose
Jõgeva mnt 29, Põltsamaa linn, Põltsamaa vald, Jõgeva maakond37 651 m²Industrial land 100%
Jõgeva mnt 29d, Põltsamaa linn, Põltsamaa vald, Jõgeva maakond4965 m²Industrial land 50%, Commercial land 50%
Jõgeva mnt 31, Põltsamaa linn, Põltsamaa vald, Jõgeva maakond4733 m²Commercial land 100%
Jõgeva mnt 31a, Põltsamaa linn, Põltsamaa vald, Jõgeva maakond44 168 m²Industrial land 50%, Commercial land 50%
Kassi, Pauastvere küla, Põltsamaa vald, Jõgeva maakond2035 m²Land without designated purpose 100%
1 – 5 / 22 rows

Consumer Disputes Committee decisions

19-1/24-10177-001Meelis PirnAgainst the consumer23.09.2024PDF
1 – 1 / 1 rows

Court decisions

2-24-15844/6Kohtu I astme menetlusCourt rulingRuling on refusal to take the matter into proceedingsLaw of obligationsTriin NiinemetsECLI:EE:TMK:2024:2.24.15844.2186802.12.2024Open
1-18-2661/5Kohtu I astme menetlusCourt judgmentOffences against propertyRutt TeeveerECLI:EE:TMK:2018:1.18.2661.619712.04.2018Open
1 – 2 / 2 rows

Official announcements

Notice of alienation of state property02.10.2020PDF
Notice of conclusion of a public limited company merger agreement15.08.2018PDF
Notice of alienation of state property17.02.2017PDF
Notice of conclusion of a public limited company division agreement26.08.2015PDF
Notice of granting or refusal of an air-pollution permit04.05.2015PDF
1 – 5 / 14 rows

Public transactions

31.08.2026Luua Metsanduskool2 901,60 €ReceivedOPERATING EXPENSESVocational education
07.08.2026Sihtasutus Lõhavere Ravi- ja Hooldekeskus3 015,09 €ReceivedOPERATING EXPENSESCare- and rehabilitation-hospital services
29.07.2026Sihtasutus Viljandi Haigla21 294,52 €ReceivedOPERATING EXPENSESGeneral hospital services
07.07.2026Saue Vallavalitsus4 184,10 €ReceivedOPERATING EXPENSESPre-primary education
02.07.2026Võru Vallavalitsus975,87 €ReceivedOPERATING EXPENSESGeneral economic development projects
1 – 5 / 91 rows

Funded projects

Palmako AS ressursitõhususe investeeringud2021-2027.2.04.25-0404(EK nr 2.6) Ring- ja ressursitõhusale majandusele ülemineku edendamineCF · Sihtasutus Keskkonnainvesteeringute Keskus11.11.2025 – 10.11.20272021-20272 000 000 €support 45,0%-Funded
AS Palmako varustuskindluse investeeringud20.2.02.23-0181Ressursitõhusate rohetehnoloogiate kasutuselevõttRRF · Ettevõtluse ja Innovatsiooni Sihtasutus01.11.2023 – 31.10.20252020-2026725 000 €support 30,0%638 060 €Completed
Palmako AS liimpuittoodete tehase ressursitõhususe suurendamine2014-2020.4.03.17-0094Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus21.03.2017 – 20.09.20192014-20209 500 000 €support 21,1%9 500 000 €Completed
Palmako AS liimpuittoodete tootmise energia- ja ressursikasutuse analüüs2014-2020.4.03.16-0021Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus26.07.2016 – 31.12.20162014-20209 950 €support 50,0%9 950 €Completed
AS Palmako ekspordi arendamise projekt3.1.2501.12-0211Ekspordi arendamise toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus16.01.2012 – 15.01.20142007-2013320 000 €320 000 €Completed
1 – 5 / 14 rows

State aid

16.04.2026SA Keskkonnainvesteeringute KeskusAid measure 251911EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Ressursitõhususe tagamiseks ja ringmajandusele ülemineku toetamiseks antav investeeringuteks ettenähtud abi (artikkel 47 alates 01.07.23)Grant900 000 €251911/2600008
09.06.2025Eesti TöötukassaAid measure 231580Palgatoetus VTA › Palgatoetus VTAGrant1 272,80 €231580/2600762
25.02.2025Eesti TöötukassaAid measure 231580Koolitus VTA › Koolitus VTAGrant4 821,31 €231580/2502703
28.11.2024Eesti TöötukassaAid measure 221265Palgatoetus VTA › Palgatoetus VTAGrant5 526,21 €221265/2600052
13.11.2024Riigi Tugiteenuste KeskusAid measure 231489Regionaalareng (VTA) › MuuGrant28,48 €231489/2500411
1 – 5 / 71 rows

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

termoteenus.eeActive13.09.202114.09.2030
palmakogrupp.eeActive31.08.202001.09.2027
palmakogroup.eeActive31.08.202001.09.2027
prebuilt.eeActive12.05.201713.05.2027
nordstruct.eeActive11.05.201712.05.2027
1 – 5 / 10 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.

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