AS Pinest

Legal form:: Public limited company
Registry code:: 11139468
VAT no.:: EE100996962
Fiscal-year period:: 01.01 - 31.12
Established:: 31.08.2005 (21 y)
Capital:: 1 100 000 EEK
Address:: Näituse tn 25, Tartu linn, Tartu linn, Tartu maakond, 50409
Status:: Registered
E-invoice reception:: e-arveldaja

Follow changes

We notify you when the board, address or status changes or a tax debt appears.

Add to monitoring

Contacts

Phone:: +372 7922300
Email:: lemeks@lemeks.ee
Website:: www.pinest.ee

Data export

Create targeted sales lists in seconds

Choose the right criteria, export the data and start selling faster than ever!

Learn more

Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
Manufacture of veneer sheets and wood-based panels
16219 – Manufacture of other wood-based panels
WHOLESALE AND RETAIL TRADE
Wholesale trade
Wholesale on a fee or contract basis
46191 – Non-specialised wholesale agency services

Industry TOPNo. 3 of 16 companies

1.aktsiaselts Barrus118.4M €
2.ECOBIRCH AS43.6M €
3.AS Pinest38.6M €
4.osaühing PEETRI PUIT32.9M €
5.Osaühing Dold Puidutööstus21.5M €
6.Riverbank OÜ9.9M €
7.CLTEST OÜ5.3M €
8.Aikkon Scandinavia OÜ3.7M €
9.Holz Element OÜ2.4M €
10."Lasva Liimpuidu" aktsiaselts1.1M €

Main activity 16219 · turnover over the last 4 quarters

All companies →

VAT liability

VAT no.	Start	End
EE100996962	03.10.2005	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	01.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	14.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	19.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	01.08.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	16.10.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	21.12.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	05.01.2020	Valid	PDF
2017	01.01.2017 – 31.12.2017	07.01.2019	Valid	PDF
2016	01.01.2016 – 31.12.2016	16.10.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	30.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	29.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	02.07.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	29.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	26.06.2008	Valid	PDF
2006	01.09.2005 – 31.12.2006	02.07.2007	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 19.10.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions1 Official announcements3 TTJA decisions–Real estate4 .ee domains1 Licenses–Regulations23 Public transactions19 Grants3 State aid18 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	944 014 €	242 913 €	8,12 M €−20,9%	78
2026 Q2	298 605 €	276 634 €	10,3 M €−3,4%	77
2026 Q1	295 272 €	269 833 €	10,6 M €+11,0%	76
Total 2026:	1,54 M €	789 380 €	29,0 M €
2025 Q4	365 989 €	263 442 €	9,57 M €+31,2%	76
2025 Q3	326 220 €	264 738 €	7,30 M €−20,8%	73
2025 Q2	299 211 €	262 181 €	9,21 M €+26,1%	72
2025 Q1	989 372 €	232 609 €	7,31 M €−7,5%	71
Total 2025:	1,98 M €	1,02 M €	33,4 M €
2024 Q4	238 483 €	192 252 €	7,90 M €+29,3%	69
2024 Q3	207 534 €	215 145 €	6,11 M €−9,8%	68
2024 Q2	1,11 M €	223 474 €	6,77 M €+34,1%	69
2024 Q1	258 399 €	184 640 €	5,05 M €−35,7%	72
Total 2024:	1,82 M €	815 511 €	25,8 M €
2023 Q4	415 836 €	211 080 €	7,85 M €+22,1%	73
2023 Q3	1,24 M €	228 352 €	6,43 M €−29,5%	73
2023 Q2	583 303 €	249 985 €	9,12 M €+44,4%	78
2023 Q1	293 204 €	177 349 €	6,32 M €−31,4%	77
Total 2023:	2,53 M €	866 766 €	29,7 M €
2022 Q4	217 924 €	231 782 €	9,21 M €−13,8%	79
2022 Q3	568 824 €	281 762 €	10,7 M €−33,3%	87
2022 Q2	1,04 M €	293 335 €	16,0 M €+51,3%	95
2022 Q1	260 548 €	234 013 €	10,6 M €−21,2%	93
Total 2022:	2,09 M €	1,04 M €	46,5 M €
2021 Q4	380 388,03 €	222 894,42 €	13,4 M €+30,7%	89
2021 Q3	791 912,55 €	258 713,21 €	10,3 M €+6,0%	93
2021 Q2	550 109,56 €	238 229,20 €	9,71 M €+44,2%	86
2021 Q1	383 990,88 €	177 913,42 €	6,73 M €−9,8%	85
Total 2021:	2,11 M €	897 750,25 €	40,2 M €
2020 Q4	414 116,67 €	177 814,12 €	7,46 M €+41,5%	77
2020 Q3	655 952,02 €	185 210,81 €	5,28 M €−19,9%	77
2020 Q2	306 804,31 €	190 767,36 €	6,59 M €+14,9%	77
2020 Q1	259 868 €	166 009 €	5,73 M €−16,5%	75
Total 2020:	1,64 M €	719 801,29 €	25,1 M €
2019 Q4	347 852 €	174 151 €	6,86 M €+49,0%	79
2019 Q3	526 568 €	177 608 €	4,60 M €−29,6%	88
2019 Q2	323 139 €	181 362 €	6,54 M €+17,7%	85
2019 Q1	98 559 €	171 614 €	5,56 M €−12,0%	84
Total 2019:	1,30 M €	704 735 €	23,6 M €
2018 Q4	119 159 €	173 330 €	6,32 M €+14,3%	83
2018 Q3	401 731 €	193 541 €	5,52 M €−15,8%	90
2018 Q2	80 241 €	200 611 €	6,56 M €+14,3%	96
2018 Q1	122 085 €	180 797 €	5,74 M €−7,0%	98
Total 2018:	723 216 €	748 279 €	24,1 M €
2017 Q4	25 729 €	167 600 €	6,17 M €+20,5%	98
2017 Q3	77 064 €	200 396 €	5,12 M €−23,5%	96
2017 Q2	0 €	188 687 €	6,69 M €+20,9%	97
2017 Q1	136 310 €	147 927 €	5,53 M €+46,0%	97
Total 2017:	239 103 €	704 610 €	23,5 M €
2016 Q4	121 795 €	132 430 €	3,79 M €−12,6%	80
2016 Q3	106 938 €	151 577 €	4,34 M €+3,9%	80
2016 Q2	205 959 €	145 879 €	4,17 M €+12,4%	80
2016 Q1	31 975 €	129 763 €	3,71 M €+7,5%	80
Total 2016:	466 667 €	559 649 €	16,0 M €
2015 Q4	-48 817 €	125 861 €	3,45 M €−9,2%	75
2015 Q3	48 817 €	138 657 €	3,81 M €+11,8%	75
2015 Q2	-20 798 €	124 006 €	3,40 M €+17,1%	75
2015 Q1	20 798 €	105 898 €	2,91 M €	75
Total 2015:	0 €	494 422 €	13,6 M €

Revenue by industry

	2023	2024	2025
Manufacture of other wood-based panels	22 291 640 €	19 641 322 €	25 664 414 €
Non-specialised wholesale agency services		28 447 €	20 540 €
Manufacture of other wood products, incl. wood chips, wood wool etc.	1 964 569 €
Intermediation in trading of various goods	22 579 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

	Personal ID code
Jaanus Aan	38406XXXXXX	24.06.1984 (42)	Board member	15.10.2008	-

37 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Shareholders

	Personal ID code
AS Lemeks	10151071	16.04.1997 (29)	Shareholder	902 000 EEK	82,00%	Sole ownership	05.12.2025	-
OÜ Lootsi Invest	16732923	05.05.2023 (3)	Shareholder	165 000 EEK	15,00%	Sole ownership	05.12.2025	-

37 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Other persons

	Personal ID code
Jüri Külvik	36510XXXXXX	30.10.1965 (60)	Supervisory-board member	17.09.2026	-
Rain Raudsepp	37709XXXXXX	28.09.1977 (49)	Supervisory-board member	17.09.2026	-
Karmo Piikmann	38602XXXXXX	18.02.1986 (40)	Supervisory-board member	23.09.2025	-
LK Konsultatsioonid OÜ	14453981	22.03.2018 (8)	Audit firm	01.01.2020	-
AS Lemeks	10151071	16.04.1997 (29)	Founder	12.07.2005	-

37 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Jüri Külvik	36510XXXXXX	30.10.1965 (60)	Indirect holding	25.10.2018	-

37 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 8 117 046 €
Monthly average: 2 705 682 €
Per employee: 34 688 €
Equity ratio: 245,97%

Labour taxes

Turnover ratio: 2,99%
Tax ratio: 25,73%
Monthly average: 80 971 €
Per employee: 1 045 €

State taxes

Monthly average: 314 671 €
Turnover ratio: 11,63%

Estimated salary

Gross salary: 1 974 €
Net salary: 1 638 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	16 547 563 €+7,6%	15 379 410 €−24,2%	20 295 620 €+2,5%	19 800 202 €+10,2%	17 973 044 €+46,2%	12 291 191 €+29,3%	9 507 526 €
Non-current assets	4 255 647 €+29,7%	3 281 129 €+21,5%	2 700 350 €−16,8%	3 244 723 €−7,8%	3 517 346 €−16,9%	4 231 105 €−12,3%	4 822 866 €
Total assets	20 803 210 €+11,5%	18 660 540 €−18,9%	22 995 972 €−0,2%	23 044 924 €+7,2%	21 490 390 €+30,1%	16 522 296 €+15,3%	14 330 392 €
Short-term liabilities	2 014 027 €−33,8%	3 042 119 €+98,0%	1 536 294 €+7,1%	1 434 412 €−42,3%	2 487 376 €+53,3%	1 622 949 €−0,3%	1 627 338 €
Long-term liabilities	968 €−92,8%	13 439 €−45,7%	24 770 €−31,1%	35 928 €+2 140%	1 604 €−70,6%	5 457 €−57,4%	12 813 €
Total liabilities	2 014 995 €−34,1%	3 055 558 €+95,7%	1 561 064 €+6,2%	1 470 340 €−40,9%	2 488 980 €+52,8%	1 628 406 €−0,7%	1 640 151 €
Share or stock capital	70 303 €	70 303 €	70 303 €	70 303 €	70 303 €	70 303 €	70 303 €
Retained earnings	13 482 475 €+9,5%	12 312 401 €−25,2%	16 452 079 €+10,6%	14 878 904 €+26,4%	11 771 383 €+19,9%	9 817 735 €+19,2%	8 233 658 €
Net profit	3 183 234 €+172%	1 170 074 €−59,1%	2 860 322 €−37,5%	4 573 175 €−10,5%	5 107 521 €+72,9%	2 953 649 €+26,5%	2 334 077 €
Equity	18 788 216 €+20,4%	15 604 981 €−27,2%	21 434 908 €−0,6%	21 574 584 €+13,5%	19 001 410 €+27,6%	14 893 890 €+17,4%	12 690 241 €
Turnover	25 684 954 €+21,9%	21 074 076 €−13,2%	24 278 788 €−32,0%	35 698 684 €+5,2%	33 926 372 €+61,0%	21 066 680 €+7,1%	19 667 528 €
Profit margin	12,4%	5,6%	11,8%	12,8%	15,1%	14,0%	11,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	13,8	7,2
Quick ratio	11,4	6,4
Cash ratio	9,9	5,1
Efficiency
Days sales outstanding (dso)	27,8	29,9
Asset turnover	1,6	1,8
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	13,6%	15,3%
Net profit margin	12,8%	15,1%
Return on assets (roa)	20,5%	26,9%
Return on equity (roe)	21,2%	26,9%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

To view all financial ratios, you need to subscribe to extended access to the info portal!

3€ /monthGet started

Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20029561 / M7	17.09.2026	Order to remedy deficiencies	17.10.2026	Deficiencies remedied17.09.2026
Ä 20029561 / M6	08.09.2026	Order to remedy deficiencies for correcting extra-entry data	22.09.2026	Deficiencies remedied17.09.2026
Ä 20029561 / M5	07.07.2024	Fine-warning order – annual report not filed	06.08.2024	Deficiencies remedied15.07.2024
K 20029561 / 16	13.03.2018	Entry – Commercial-pledge amendment entry	-	Entered into force13.03.2018
Ä 20029561 / 15	18.01.2018	Entry – Amendment entry	-	Entered into force18.01.2018

Real estate

		Purpose
Liimpuidu tee 1, Himmaste küla, Põlva vald, Põlva maakond	39 493 m²	Industrial land 100%
Näituse tn 27, Tartu linn, Tartu linn, Tartu maakondSpace: 3	3233 m²	Residential land 75%, Commercial land 25%
Näituse tn 27a, Tartu linn, Tartu linn, Tartu maakondSpace: 3	30 m²	Industrial land 100%
Tööstuse tee 9, Eoste küla, Põlva vald, Põlva maakond	35 249 m²	Agricultural land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-15-9836/33	Kohtu I astme menetlus	Court ruling	Bankruptcy law	Maimu Laumets	ECLI:EE:TMK:2025:2.15.9836.515	17.01.2025	Open

Official announcements


Environmental-permit notices	13.03.2012	PDF
Environmental-permit notices	21.02.2012	PDF
Environmental-permit notices	22.12.2011	PDF

Public transactions


14.04.2026	Eesti Töötukassa	556,70 €Received	OTHER GRANTSSocial protection of the unemployed
16.03.2026	Eesti Töötukassa	886 €Received	OTHER GRANTSSocial protection of the unemployed
16.02.2026	Eesti Töötukassa	886 €Received	OTHER GRANTSSocial protection of the unemployed
13.01.2026	Eesti Töötukassa	886 €Received	OTHER GRANTSSocial protection of the unemployed
15.12.2025	Eesti Töötukassa	886 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects


Pinest AS varustuskindluse investeeringud20.2.02.23-0126	Ressursitõhusate rohetehnoloogiate kasutuselevõttRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.08.2023 – 31.07.20252020-2026	240 000 €support 30,0%	226 655 €	Completed
Pinest AS energia- ja ressursiaudit2014-2020.4.03.18-0333	Ettevõtete energia- ja ressursitõhususERDF · Sihtasutus Keskkonnainvesteeringute Keskus	14.08.2018 – 13.08.20192014-2020	14 500 €support 50,0%	14 500 €	Completed
AS Pinest pikaajalise strateegia koostamine1.4.0501.11-3982	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	16.05.2011 – 10.09.20112007-2013	5 840 €	5 840 €	Completed

State aid


17.08.2026	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 241758	Maapiirkonnas majandustegevuse arendamine (VTA) › InvesteeringudGrant	158 175,48 €	241758/2600098
13.10.2025	Eesti TöötukassaAid measure 231580	Nõustamine VTA › Nõustamine VTAGrant	664,50 €	231580/2504209
09.10.2025	Eesti TöötukassaAid measure 231580	Nõustamine VTA › Nõustamine VTAGrant	325,38 €	231580/2504167
23.09.2025	Eesti TöötukassaAid measure 231580	Nõustamine VTA › Nõustamine VTAGrant	664,50 €	231580/2503919
19.09.2025	Eesti TöötukassaAid measure 231580	Nõustamine VTA › Nõustamine VTAGrant	664,50 €	231580/2503901

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


pinest.ee	Active	04.07.2010	29.12.2026

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.