Pivots Engineering OÜ

Legal form:: Private limited company
Registry code:: 11643066
VAT no.:: EE101293868
Fiscal-year period:: 01.01 - 31.12
Established:: 04.05.2009 (17 y)
Capital:: 40 000 EEK
Address:: Maleva tn 2g, Põhja-Tallinna linnaosa, Tallinn, Harju maakond, 11711
Status:: Registered

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Contacts

Phone:: +372 53024840
Email:: jesper@nordeninvest.ee

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Industries

MANUFACTURING
Manufacture of computer, electronic and optical products
Manufacture of measuring and testing instruments and timekeeping devices
26511 – Manufacture of measuring, testing and navigation instruments

Industry TOPNo. 13 of 38 companies

1.FLIR Systems Estonia OÜ206.5M €
2.Incap Electronics Estonia Osaühing55M €
3.Ouman Estonia Osaühing39M €
4.COMODULE OÜ10.3M €
5.SPX Aids to Navigation OÜ7.8M €
6.Evikon MCI OÜ4.5M €
7.Hecada OÜ1.3M €
8.Myoton AS850.1k €
9.Glasstress OÜ768.3k €
10.osaühing Englo767.4k €

13.Pivots Engineering OÜ625.2k €

Main activity 26511 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101293868	07.07.2017	-
EE101293868	08.05.2009	30.04.2016

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	01.08.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	22.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	23.08.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	17.08.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	07.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	27.07.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	14.08.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	03.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	11.05.2018	Valid	PDF
2015	01.01.2015 – 31.12.2015	25.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	27.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	21.05.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	02.05.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	28.05.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.03.2011	Valid	PDF
2009	04.05.2009 – 31.12.2009	04.03.2010	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt5.8k€Reports1 Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations10 Public transactions2 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	18 742 €	20 175 €	109 300 €−1,7%	4
2026 Q2	20 068 €	21 315 €	111 226 €−54,8%	4
2026 Q1	23 487 €	20 701 €	246 180 €+55,3%	4
Total 2026:	62 297 €	62 191 €	466 706 €
2025 Q4	21 993 €	21 302 €	158 487 €−30,3%	4
2025 Q3	19 783 €	21 341 €	227 252 €−65,2%	4
2025 Q2	49 895 €	28 354 €	652 132 €+12,6%	5
2025 Q1	63 992 €	21 364 €	578 928 €+36,8%	5
Total 2025:	155 663 €	92 361 €	1,62 M €
2024 Q4	19 979 €	21 204 €	423 124 €+49,4%	3
2024 Q3	15 923 €	17 138 €	283 125 €+84,5%	3
2024 Q2	13 740 €	14 765 €	153 450 €+247%	5
2024 Q1	14 478 €	15 382 €	44 243 €−74,6%	4
Total 2024:	64 120 €	68 489 €	903 942 €
2023 Q4	14 302 €	15 161 €	174 285 €−49,7%	4
2023 Q3	26 962 €	16 259 €	346 563 €+28,5%	7
2023 Q2	16 996 €	12 908 €	269 720 €+109%	5
2023 Q1	9 327 €	10 094 €	129 133 €+2 854%	3
Total 2023:	67 587 €	54 422 €	919 701 €
2022 Q4	9 736 €	10 537 €	4 372 €−90,4%	2
2022 Q3	13 770 €	14 737 €	45 750 €+81,7%	2
2022 Q2	20 427 €	14 246 €	25 177 €+17,2%	2
2022 Q1	12 160 €	13 144 €	21 483 €−70,7%	3
Total 2022:	56 093 €	52 664 €	96 782 €
2021 Q4	16 327,53 €	12 679,18 €	73 293,35 €−58,7%	3
2021 Q3	12 550,57 €	12 983,05 €	177 424,64 €+232%	3
2021 Q2	22 252,29 €	15 020,34 €	53 496,77 €+844%	3
2021 Q1	13 144,34 €	14 211,85 €	5 668,99 €−96,1%	5
Total 2021:	64 274,73 €	54 894,42 €	309 883,75 €
2020 Q4	13 878,87 €	14 806,63 €	146 497,08 €−5,0%	3
2020 Q3	12 455,65 €	13 013,46 €	154 193,90 €	3
2020 Q2	11 725,44 €	12 333,54 €	0 €−100%	3
2020 Q1	10 613 €	11 014 €	23 132 €+1 116%	3
Total 2020:	48 672,96 €	51 167,63 €	323 822,98 €
2019 Q4	9 891 €	10 251 €	1 902 €−97,3%	3
2019 Q3	9 891 €	10 136 €	70 633 €+672%	3
2019 Q2	9 982 €	10 498 €	9 149 €−96,5%	3
2019 Q1	0 €	14 475 €	260 390 €−61,1%	3
Total 2019:	29 764 €	45 360 €	342 074 €
2018 Q4	8 708 €	9 134 €	668 700 €+14 840%	3
2018 Q3	4 125 €	4 450 €	4 476 €−98,2%	2
2018 Q2	4 356 €	4 594 €	246 456 €+717%	1
2018 Q1	0 €	4 682 €	30 154 €+140%	1
Total 2018:	17 189 €	22 860 €	949 786 €
2017 Q4	0 €	2 785 €	12 585 €−89,8%	2
2017 Q3	0 €	0 €	123 169 €	0
2017 Q2	0 €	0 €	0 €	0
2017 Q1	0 €	0 €	0 €	0
Total 2017:	0 €	2 785 €	135 754 €
2016 Q4	0 €	0 €	0 €	0
2016 Q3	0 €	0 €	0 €	0
2016 Q2	0 €	0 €	0 €	0
2016 Q1	0 €	0 €	0 €−100%	0
Total 2016:	0 €	0 €	0 €
2015 Q4	611 €	611 €	1 987 €−82,8%	1
2015 Q3	3 798 €	3 551 €	11 544 €+25,6%	1
2015 Q2	3 177 €	2 828 €	9 192 €−1,1%	1
2015 Q1	5 239 €	2 860 €	9 295 €	1
Total 2015:	12 825 €	9 850 €	32 018 €

Revenue by industry

	2022	2023	2024
Manufacture of measuring, testing and navigation instruments	604 872 €	1 103 805 €	1 034 241 €
Intermediation of agricultural raw materials, live animals, textile raw materials and semi-finished goods	25 500 €	102 000 €
Other professional, scientific and technical activities n.e.c.	70 777 €

Tax debts

Type	Amount	Deferred	Disputed
Social tax	3 998,06 €	0 €	0 €
Income tax in special cases	23,19 €	0 €	0 €
Withheld income tax	1 775,95 €	0 €	0 €
Total	5 797,20 €	0 €	0 €

Representatives

	Personal ID code
Jesper Markmann Andersen	37007XXXXXX	17.07.1970 (56)	Board member	04.05.2009	-

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Shareholders

	Personal ID code
Osaühing Norden Invest	10682686	27.07.2000 (26)	Shareholder	40 000 EEK	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
BBN Invest OÜ	11556835	04.12.2008 (17)	Founder	03.05.2009	-
Osaühing Norden Invest	10682686	27.07.2000 (26)	Founder	03.05.2009	-

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Ultimate beneficial owners

	Personal ID code
Jesper Markmann Andersen	37007XXXXXX	17.07.1970 (56)	Direct holding	09.12.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 109 300 €
Monthly average: 36 433 €
Per employee: 9 108 €
Equity ratio: 91,08%

Labour taxes

Turnover ratio: 18,46%
Tax ratio: 107,65%
Monthly average: 6 725 €
Per employee: 1 681 €

State taxes

Monthly average: 6 247 €
Turnover ratio: 17,15%

Estimated salary

Gross salary: 3 060 €
Net salary: 2 455 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	1 029 006 €+16,8%	880 706 €+10,6%	796 588 €+29,7%	614 357 €+18,7%	517 542 €−18,3%	633 513 €
Non-current assets	494 485 €−5,6%	523 759 €−0,4%	525 894 €+242%	153 907 €−16,7%	184 683 €−14,7%	216 461 €
Total assets	1 523 491 €+8,5%	1 404 465 €+6,2%	1 322 482 €+72,1%	768 264 €+9,4%	702 225 €−17,4%	849 974 €
Short-term liabilities	135 724 €+171%	50 068 €−65,6%	145 675 €+252%	41 336 €−22,5%	53 337 €+25,6%	42 466 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	135 724 €+171%	50 068 €−65,6%	145 675 €+252%	41 336 €−22,5%	53 337 €+25,6%	42 466 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	1 255 340 €+21,4%	1 033 994 €+42,8%	724 116 €+12,1%	646 076 €−19,7%	804 696 €	804 494 €
Net profit	129 615 €−59,2%	317 591 €−29,4%	449 879 €+476%	78 040 €+149%	-158 620 €−78 625%	202 €
Equity	1 387 767 €+2,5%	1 354 397 €+15,1%	1 176 807 €+61,9%	726 928 €+12,0%	648 888 €−19,6%	807 508 €
Turnover	1 096 881 €−9,4%	1 210 656 €+65,1%	733 272 €+79,6%	408 262 €+11,7%	365 620 €+19,4%	306 198 €
Profit margin	11,8%	26,2%	61,4%	19,1%	-43,4%	0,1%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	111 551 €	-125 367 €
Liquidity
Current ratio	14,9	9,7
Quick ratio	8,1	7,4
Cash ratio	2,5	4,3
Efficiency
Days sales outstanding (dso)	178,3	157,1
Asset turnover	0,6	0,5
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	19,1%	-43,4%
Net profit margin	19,1%	-43,4%
Return on assets (roa)	10,6%	-20,4%
Return on equity (roe)	10,7%	-24,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10128900 / 8	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10128900 / M2	15.02.2021	Order to remedy deficiencies for correcting extra-entry data	25.02.2021	Entered into force15.02.2021
Ä 10128900 / 7	17.12.2018	Entry – Amendment entry	-	Entered into force17.12.2018
Ä 10128900 / 6	11.05.2018	Entry – Amendment entry	-	Entered into force11.05.2018
Ä 10128900 / M1	25.04.2018	Warning for deletion from register – annual report not filed – Deletion entry due to missing document custodian	25.10.2018	Deficiencies remedied14.05.2018

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


25.03.2022	Tartu Ülikool	9 600 €Received	OPERATING EXPENSESTertiary education
08.07.2021	Tallinna Strateegiakeskus	1 844 €Received	OTHER GRANTSGeneral economic and trade policy

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


26.02.2021	Tallinna StrateegiakeskusAid measure 20841	Muu › MuuGrant	1 844 €	20841/2100054

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.