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PharmaSynth AS

Legal form:

Public limited company

Registry code:

11044101

VAT no.:

EE100940196

Fiscal-year period:

01.01 - 31.12

Established:

29.06.2004 (21)

Capital:

57 180 EUR

Address:

Teaduspargi tn 7, Tartu linn, Tartu linn, Tartu maakond, 50411

Status:

Registered

Contacts

Email:

pirkko@pharmasynth.ee

Phone:

+372 5247671

Website:

https://www.pharmasynth.ee

Industries

MANUFACTURING
Manufacture of basic pharmaceutical products and pharmaceutical preparations
21101 - Manufacture of basic pharmaceutical products

VAT liability

	Start	End
EE100940196	08.12.2004

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	26.06.2024	Valid
2022	01.01.2022 - 31.12.2022	21.06.2023	Valid
2021	01.01.2021 - 31.12.2021	02.03.2023	Valid
2020	01.01.2020 - 31.12.2020	05.08.2021	Valid
2019	01.01.2019 - 31.12.2019	05.10.2020	Valid
2018	01.01.2018 - 31.12.2018	23.10.2019	Valid
2017	01.01.2017 - 31.12.2017	02.10.2018	Valid
2016	01.01.2016 - 31.12.2016	25.09.2018	Valid
2015	01.01.2015 - 31.12.2015	14.09.2016	Valid
2014	01.01.2014 - 31.12.2014	08.12.2015	Valid
2013	01.01.2013 - 31.12.2013	18.08.2015	Valid
2012	01.01.2012 - 31.12.2012	11.11.2013	Valid
2011	01.01.2011 - 31.12.2011	16.07.2012	Valid
2010	01.01.2010 - 31.12.2010	04.10.2011	Valid
2009	01.01.2009 - 31.12.2009	03.09.2010	Valid
2008	01.01.2008 - 31.12.2008	26.06.2009	Expired
2007	01.01.2007 - 31.12.2007	27.06.2008	Valid
2006	01.01.2006 - 31.12.2006	18.07.2007	Valid
2005	01.01.2005 - 31.12.2005	16.10.2006	Valid
2004	29.06.2004 - 31.12.2004	30.09.2005	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 03.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	42 273 €	46 184 €	131 408 €78.1%	10
Kokku 2026:	42 273 €	46 184 €	131 408 €
2025 Q4	45 240 €	48 589 €	598 886 €679.0%	11
2025 Q3	43 134 €	46 593 €	76 881 €62.6%	11
2025 Q2	36 887 €	39 265 €	205 836 €11.0%	10
2025 Q1	44 449 €	47 436 €	231 372 €59.7%	9
Kokku 2025:	169 710 €	181 883 €	1 112 975 €92.4%
2024 Q4	39 879 €	42 231 €	144 888 €23.2%	9
2024 Q3	34 016 €	35 984 €	188 774 €79.6%	9
2024 Q2	33 098 €	35 258 €	105 109 €24.8%	8
2024 Q1	31 248 €	32 989 €	139 707 €86.9%	8
Kokku 2024:	138 241 €	146 462 €	578 478 €4.1%
2023 Q4	30 656 €	32 096 €	74 760 €60.5%	8
2023 Q3	30 191 €	31 857 €	189 320 €31.1%	8
2023 Q2	34 125 €	36 061 €	144 446 €25.9%	8
2023 Q1	30 068 €	31 743 €	194 811 €43.2%	8
Kokku 2023:	125 039 €	131 757 €	603 337 €32.8%
2022 Q4	24 295 €	25 556 €	136 056 €24.9%	8
2022 Q3	19 036 €	19 929 €	108 932 €3.3%	8
2022 Q2	16 704 €	15 588 €	112 649 €16.3%	8
2022 Q1	19 012 €	20 015 €	96 841 €33.9%	7
Kokku 2022:	79 046 €	81 088 €	454 478 €14.3%
2021 Q4	16 656 €	17 567 €	146 516 €33.7%	8
2021 Q3	16 646 €	17 672 €	109 604 €20.0%	8
2021 Q2	14 379 €	15 142 €	137 044 €0.0%	8
2021 Q1	20 088 €	21 365 €	137 042 €135.8%	8
Kokku 2021:	67 770 €	71 746 €	530 206 €49.1%
2020 Q4	11 993 €	12 792 €	58 125 €29.4%	8
2020 Q3	11 906 €	12 672 €	82 335 €16.3%	8
2020 Q2	11 234 €	11 944 €	70 811 €51.0%	7
2020 Q1	19 609 €	19 640 €	144 401 €32.5%	7
Kokku 2020:	54 742 €	57 048 €	355 671 €11.0%
2019 Q4	13 553 €	14 445 €	108 958 €59.9%	8
2019 Q3	16 664 €	17 762 €	68 146 €11.9%	10
2019 Q2	15 115 €	15 921 €	77 338 €17.4%	9
2019 Q1	17 149 €	18 075 €	65 854 €4.0%	9
Kokku 2019:	62 481 €	66 203 €	320 296 €22.4%
2018 Q4	13 659 €	14 210 €	63 310 €52.9%	9
2018 Q3	13 185 €	13 972 €	41 400 €51.0%	10
2018 Q2	14 419 €	12 889 €	84 542 €16.8%	10
2018 Q1	11 272 €	11 962 €	72 376 €33.5%	10
Kokku 2018:	52 535 €	53 033 €	261 628 €9.9%
2017 Q4	11 787 €	12 601 €	108 843 €183.4%	8
2017 Q3	11 383 €	12 150 €	38 406 €0.5%	8
2017 Q2	10 442 €	11 128 €	38 200 €27.3%	8
2017 Q1	12 527 €	12 965 €	52 580 €	8
Kokku 2017:	46 139 €	48 844 €	238 029 €
2016 Q4	10 144 €	10 813 €	0 €	1
2016 Q3	10 158 €	10 826 €	0 €	1
2016 Q2	11 365 €	11 835 €	0 €	1
2016 Q1	11 359 €	12 059 €	0 €100.0%	1
Kokku 2016:	43 026 €	45 533 €	0 €100.0%
2015 Q4	8 219 €	8 790 €	38 324 €19.8%	7
2015 Q3	10 433 €	10 958 €	47 774 €7.0%	7
2015 Q2	9 994 €	10 242 €	44 655 €2.4%	7
2015 Q1	9 354 €	10 004 €	43 615 €	7
Kokku 2015:	38 000 €	39 994 €	174 368 €

Revenue by industry

	2022	2023	2024
Manufacture of basic pharmaceutical products			586 714 €
Manufacture of medicines and other pharmaceutical products	475 618 €	635 352 €

Tax debts

No tax debt found

No tax debt as of 03.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Pirkko Irene Penttilä-Hiltunen	45501XXXXXX	11.01.1955 (71)	Board member	17.10.2022	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Heli Väärtnõu-Järv	45906XXXXXX	11.06.1959 (66)	Shareholder	6 180,00 EUR	10,81	Sole ownership	05.12.2025	-
Eneko Bolumburu Eizaga-Echaverria	-	-	Shareholder	14 040,00 EUR	24,55	Sole ownership	23.09.2025	-
SILLAMATSI MEDICAL OÜ	10913XXX	28.01.2003 (23)	Shareholder	28 140,00 EUR	49,21	Sole ownership	16.08.2023	-
NARD INSTITUTE LTD	-	-	Shareholder	6 600,00 EUR	11,54	Sole ownership	16.08.2023	-

28 inactive record hidden, extended access to the information portal is required to view history!

1 - 4 / 4 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Jaak Järv	34811XXXXXX	05.11.1948 (77)	Chairman of the supervisory board	10.10.2022	-
Olavi Loog	36908XXXXXX	27.08.1969 (56)	Supervisory-board member	10.10.2022	-
Heli Väärtnõu-Järv	45906XXXXXX	11.06.1959 (66)	Supervisory-board member	10.10.2022	-
Maarika Mägi	47512XXXXXX	04.12.1975 (50)	Audit firm	01.01.2009	-
Fiducia Audit OÜ	-	-	Audit firm	01.01.2009	-

1 - 5 / 13 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Jukka Veli Hiltunen	35411XXXXXX	10.11.1954 (71)	Direct holding	29.07.2021	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

131 408 €

Monthly average

43 803 €

Per employee

4 380 €

Equity ratio

76,60%

Labour taxes

Turnover ratio

35,15%

Tax ratio

109,25%

Monthly average

15 395 €

Per employee

1 466 €

State taxes

Monthly average

14 091 €

Turnover ratio

32,17%

Estimated salary

Gross salary

2 711 €

Net salary

2 160 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	968 754 €23.7%	783 422 €23.2%	635 684 €8.0%	588 770 €47.6%	398 964 €86.9%	213 484 €
Non-current assets	154 963 €1.5%	157 357 €20.4%	197 667 €118.9%	90 310 €136.0%	38 269 €49.5%	25 598 €
Total assets	1 123 717 €19.4%	940 779 €12.9%	833 351 €22.7%	679 080 €55.3%	437 233 €82.9%	239 082 €
Short-term liabilities	75 325 €69.1%	44 535 €46.1%	82 591 €66.0%	49 756 €10.7%	55 728 €22.5%	45 479 €
Long-term liabilities	-	-	-	-	-	11 239 €
Total liabilities	75 325 €69.1%	44 535 €46.1%	82 591 €66.0%	49 756 €10.7%	55 728 €1.7%	56 718 €
Share or stock capital	57 180 €	57 180 €6.1%	60 908 €	60 908 €	60 908 €	60 908 €
Retained earnings	839 064 €21.0%	693 580 €22.0%	568 416 €77.3%	320 597 €164.0%	121 456 €54.6%	78 576 €
Net profit	152 148 €4.6%	145 484 €19.8%	121 436 €51.0%	247 819 €24.4%	199 141 €364.4%	42 880 €
Equity	1 048 392 €17.0%	896 244 €19.4%	750 760 €19.3%	629 324 €65.0%	381 505 €109.2%	182 364 €
Turnover	586 714 €7.7%	635 352 €33.6%	475 618 €6.9%	510 772 €14.9%	444 406 €39.2%	319 371 €
Profit margin	25.93%13.3%	22.90%10.3%	25.53%47.4%	48.52%8.3%	44.81%233.8%	13.43%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	UFH PKE	NRS DAZ	XSK DAS	257 817	217 749
Liquidity
Current ratio	PP.D	MY.K	Z.R	11.8	7.2
Quick ratio	VW.B	IW.B	Z.N	11.8	7.1
Cash ratio	T.K	PP.D	F.G	10.1	5.9
Efficiency
Days sales outstanding (dso)	FS.H	WO.S	AV.Y	52.9	48.8
Asset turnover	P.O	Z.M	X.Z	0.9	1.3
Structure
Debt ratio	N.G	I.J	N.G	0.1	0.1
Profitability
Operating margin	AO.Z%	FG.K%	MM.S%	46.8%	45.9%
Net profit margin	MY.Z%	OV.K%	YN.G%	48.5%	44.8%
Return on assets (roa)	KP.N%	KA.Z%	MB.C%	44.4%	58.9%
Return on equity (roe)	AW.B%	SI.V%	BQ.J%	39.4%	52.2%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 20027113 / 12	19.07.2023	Entry - Amendment entry		Entered into force (19.07.2023)
Ä 20027113 / 11	02.03.2023	Entry - Amendment entry		Entered into force (02.03.2023)
Ä 20027113 / 10	17.10.2022	Entry - Amendment entry		Entered into force (17.10.2022)
Ä 20027113 / 9	29.07.2022	Entry order ex-officio - Amendment entry		Entered into force (29.07.2022)
Ä 20027113 / M5	15.06.2022	Order to remedy deficiencies - Amendment entry	13.09.2022	Deficiencies remedied (10.10.2022)

1 - 5 / 17 rows

Real estate

No real estate found

Company has no real estate

1 inactive record hidden, extended access to the information portal is required to view history!

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
06.02.2025	Riigi Infosüsteemi Amet	4 650.00 € Received	OTHER GRANTS R&D in communications

1 - 1 / 1 rows

.ee domains

Domain	Status	Registered	Expires	End
pharmasynth.ee	Active	04.07.2010	16.11.2026	-

1 - 1 / 1 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