Osaühing Pigipada

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	01.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	27.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	01.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	20.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	04.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	04.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	01.07.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	29.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	13.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	28.05.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	20.06.2012	Valid	PDF
2010	23.04.2010 – 31.12.2010	30.06.2011	Valid	PDF

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No unsubmitted declarations as of 19.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements11 TTJA decisions–Real estate1 .ee domains1 Licenses–Regulations17 Public transactions5 Grants2 State aid2 Public procurement5 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	255 702 €	42 807 €	8,66 M €+423%	8
2026 Q2	44 019 €	44 534 €	1,66 M €+1 625%	8
2026 Q1	211 192 €	69 761 €	95 934 €−90,0%	8
Total 2026:	510 913 €	157 102 €	10,4 M €
2025 Q4	71 303 €	55 829 €	955 397 €−84,2%	9
2025 Q3	133 169 €	52 169 €	6,06 M €+263%	10
2025 Q2	48 517 €	50 011 €	1,67 M €+4 191%	10
2025 Q1	87 820 €	93 838 €	38 909 €−96,2%	9
Total 2025:	340 809 €	251 847 €	8,72 M €
2024 Q4	302 866 €	65 210 €	1,02 M €−87,0%	9
2024 Q3	188 766 €	47 659 €	7,85 M €+202%	10
2024 Q2	37 585 €	37 204 €	2,60 M €+945%	10
2024 Q1	128 891 €	85 330 €	248 900 €−85,3%	10
Total 2024:	658 108 €	235 403 €	11,7 M €
2023 Q4	59 259 €	47 140 €	1,70 M €−78,8%	10
2023 Q3	248 823 €	42 190 €	8,01 M €+136%	10
2023 Q2	29 947 €	29 317 €	3,39 M €+1 471%	10
2023 Q1	83 793 €	89 462 €	216 091 €−84,0%	9
Total 2023:	421 822 €	208 109 €	13,3 M €
2022 Q4	117 358 €	53 003 €	1,35 M €−88,8%	9
2022 Q3	691 886 €	31 296 €	12,1 M €+234%	9
2022 Q2	26 651 €	28 009 €	3,62 M €+22 907%	9
2022 Q1	111 905 €	120 149 €	15 753 €−99,6%	9
Total 2022:	947 800 €	232 457 €	17,1 M €
2021 Q4	119 844,73 €	43 619,50 €	3,89 M €−63,6%	9
2021 Q3	356 673,03 €	38 410,98 €	10,7 M €+220%	9
2021 Q2	242 081,23 €	23 139,41 €	3,34 M €+6 081%	9
2021 Q1	446 016,35 €	83 008,94 €	54 073,92 €−97,6%	10
Total 2021:	1,16 M €	188 178,83 €	18,0 M €
2020 Q4	101 560,08 €	31 367,88 €	2,27 M €−73,2%	8
2020 Q3	499 136,37 €	35 681,59 €	8,45 M €+329%	8
2020 Q2	43 143,48 €	16 117,26 €	1,97 M €+10 264%	8
2020 Q1	137 640 €	44 451 €	19 012 €−97,6%	8
Total 2020:	781 479,93 €	127 617,73 €	12,7 M €
2019 Q4	29 703 €	23 353 €	784 273 €−88,1%	8
2019 Q3	328 183 €	25 547 €	6,61 M €+167%	8
2019 Q2	85 174 €	15 965 €	2,47 M €+31 785%	8
2019 Q1	41 953 €	44 750 €	7 762 €−98,6%	8
Total 2019:	485 013 €	109 615 €	9,88 M €
2018 Q4	27 625 €	22 507 €	565 140 €−91,0%	8
2018 Q3	151 261 €	26 582 €	6,25 M €+197%	8
2018 Q2	16 039 €	16 885 €	2,11 M €+33 892%	9
2018 Q1	171 106 €	48 959 €	6 198 €−99,5%	9
Total 2018:	366 031 €	114 933 €	8,93 M €
2017 Q4	23 452 €	22 718 €	1,18 M €−79,2%	9
2017 Q3	152 471 €	20 290 €	5,67 M €+137%	9
2017 Q2	75 979 €	25 156 €	2,39 M €+2 056%	9
2017 Q1	106 763 €	31 771 €	110 984 €−87,1%	7
Total 2017:	358 665 €	99 935 €	9,35 M €
2016 Q4	19 405 €	13 299 €	861 190 €+1,5%	7
2016 Q3	107 920 €	13 102 €	848 461 €−31,2%	7
2016 Q2	145 046 €	19 046 €	1,23 M €−23,9%	7
2016 Q1	23 571 €	25 025 €	1,62 M €+153%	7
Total 2016:	295 942 €	70 472 €	4,56 M €
2015 Q4	21 211 €	10 315 €	640 696 €−62,4%	7
2015 Q3	91 785 €	27 411 €	1,70 M €+174%	7
2015 Q2	31 516 €	10 015 €	622 075 €−69,8%	7
2015 Q1	82 029 €	33 129 €	2,06 M €	7
Total 2015:	226 541 €	80 870 €	5,02 M €

Revenue by industry

	2023	2024	2025
Manufacture of other non-metallic mineral products n.e.c.	12 247 605 €	11 279 012 €	8 366 549 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

	Personal ID code
Marek Koit	37708XXXXXX	03.08.1977 (49)	Board member	23.04.2010	-

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Shareholders

	Personal ID code
OÜ Tõrvatilk	10846962	11.03.2002 (24)	Shareholder	6 275 EUR	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Arne Pindmaa	37905XXXXXX	20.05.1979 (47)	Supervisory-board member	31.12.2020	-
Luule Patrikats	46511XXXXXX	29.11.1965 (60)	Supervisory-board member	31.12.2020	-
Priit Post	36204XXXXXX	08.04.1962 (64)	Chairman of the supervisory board	04.02.2020	-
Märt Järvik	35406XXXXXX	11.06.1954 (72)	Supervisory-board member	24.01.2020	-
AS Nordecon Infra	10310842	05.11.1997 (28)	Founder	22.04.2010	-

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Ultimate beneficial owners

	Personal ID code
Marek Koit	37708XXXXXX	03.08.1977 (49)	Indirect holding	28.12.2022	-
Märt Järvik	35406XXXXXX	11.06.1954 (72)	Indirect holding	01.10.2018	-
Priit Post	36204XXXXXX	08.04.1962 (64)	Indirect holding	01.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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2026 Q3

Turnover

Amount: 8 664 026 €
Monthly average: 2 888 009 €
Per employee: 361 001 €
Equity ratio: 46 024,04%

Labour taxes

Turnover ratio: 0,49%
Tax ratio: 16,74%
Monthly average: 14 269 €
Per employee: 1 784 €

State taxes

Monthly average: 85 234 €
Turnover ratio: 2,95%

Estimated salary

Gross salary: 3 235 €
Net salary: 2 586 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	3 089 092 €+75,4%	1 761 249 €+35,7%	1 297 800 €−52,2%	2 714 746 €+4,7%	2 594 061 €+42,9%	1 815 153 €−5,1%	1 912 255 €
Non-current assets	896 861 €−37,9%	1 443 444 €+0,2%	1 440 825 €−5,2%	1 520 505 €+87,7%	809 915 €+2,9%	787 227 €+0,7%	781 463 €
Total assets	3 985 953 €+24,4%	3 204 693 €+17,0%	2 738 625 €−35,3%	4 235 251 €+24,4%	3 403 976 €+30,8%	2 602 380 €−3,4%	2 693 718 €
Short-term liabilities	154 838 €−27,2%	212 663 €−5,1%	224 150 €−90,3%	2 302 859 €−21,5%	2 935 083 €+236%	874 065 €+152%	346 770 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	154 838 €−27,2%	212 663 €−5,1%	224 150 €−90,3%	2 302 859 €−21,5%	2 935 083 €+236%	874 065 €+152%	346 770 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	2 985 128 €+98,0%	1 507 573 €−7,3%	1 625 490 €+252%	461 991 €+125%	-1 881 536 €−610%	368 841 €−78,3%	1 696 460 €
Net profit	839 085 €−43,2%	1 477 555 €+67,5%	882 083 €−39,7%	1 463 499 €−37,6%	2 343 527 €+72,7%	1 356 724 €+109%	647 738 €
Equity	3 831 115 €+28,0%	2 992 030 €+19,0%	2 514 475 €+30,1%	1 932 392 €+312%	468 893 €−72,9%	1 728 315 €−26,4%	2 346 948 €
Turnover	8 366 549 €−25,8%	11 279 012 €−7,9%	12 247 605 €−19,2%	15 152 835 €−11,0%	17 028 320 €+45,2%	11 727 990 €+22,4%	9 578 454 €
Profit margin	10,0%	13,1%	7,2%	9,7%	13,8%	11,6%	6,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	1 954 579 €	-
Liquidity
Current ratio	1,2	0,9
Quick ratio	0,8	0,7
Cash ratio	0,8	0,5
Efficiency
Days sales outstanding (dso)	7,0	5,8
Asset turnover	4,0	5,7
Structure
Debt ratio	0,5	0,9
Profitability
Operating margin	11,8%	14,4%
Net profit margin	9,7%	13,8%
Return on assets (roa)	38,3%	78,0%
Return on equity (roe)	75,7%	499,8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


K 30043258 / 14	04.08.2022	Entry – Commercial-pledge opening entry	-	Entered into force04.08.2022
K 30043258 / M3	02.08.2022	Order to remedy deficiencies – Commercial-pledge opening entry	01.09.2022	Deficiencies remedied03.08.2022
Ä 30043258 / 12	16.03.2021	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force16.03.2021
K 30043258 / 13	16.03.2021	Entry – Commercial-pledge opening entry	-	Entered into force16.03.2021
Ä 30043258 / 11	29.12.2020	Entry – Amendment entry	-	Entered into force29.12.2020

Real estate

		Purpose
Pigipada, Sillaotsa küla, Paide linn, Järva maakond	4683 m²	Industrial land 100%

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


Notice of granting or refusal of an environmental permit	31.12.2025	PDF
Notice of disclosure of the draft environmental permit	16.12.2025	PDF
Notice of initiation of proceedings for an environmental permit	12.11.2025	PDF
Notice of granting or refusal of an environmental permit	20.11.2020	PDF
Notice of granting or refusal of a special water-use permit	04.11.2015	PDF

Public transactions


22.06.2026	AS Eesti Raudtee	527,87 €Received	OPERATING EXPENSESRail transport
27.01.2026	Majandus- ja Kommunikatsiooniministeerium	12 783,78 €Received	OTHER GRANTSGeneral economic and trade policy
03.07.2024	AS Eesti Raudtee	236,19 €Received	OPERATING EXPENSESRail transport
12.05.2023	Aktsiaselts Põhja-Sakala Haldus	449,57 €Received	OPERATING EXPENSESOther housing and municipal-services activities
06.02.2023	Eesti Töötukassa	1 822,88 €Received	OPERATING EXPENSESSocial protection of the unemployed

Funded projects


Pigipada digitaalsete saatelehtede ja CMR arendus20.1.01.25-1371	Majanduse digipöörde toetamineRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	17.07.2025 – 30.12.20252020-2026	14 204,20 €support 90,0%	14 204,20 €	Completed
ALTERNATIIVSE LÄHTEMATERJALI KASUTAMISE TEHNOLOOGIA VÄLJAARENDAMINE BITUUMENEMULSIOONIDE TOOTMISES3.1.0701.11-0400	Teadus- ja arendustegevuse projektide toetamineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.09.2011 – 31.01.20122007-2013	33 570 €	32 815,60 €	Completed

State aid


05.08.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241740	Muu › MuuGrant	12 783,78 €	241740/2500161
27.09.2022	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	1 822,88 €	20985/2300423

Public procurement contracts


08.05.2017End 08.06.2018	Reference number 182445 · RAAMLEPING BITUUMENEMULSIOONI OSTMISEKS NR 4-36/225-2017	Aktsiaselts Eesti TeedContracting authority	2 500 000 €actual 1 694 590 €	Completed
08.05.2017End 08.06.2018	Reference number 182445 · Ostud raamlepingu alusel	Aktsiaselts Eesti TeedContracting authority	1 694 590 €	Completed
29.04.2016End 29.05.2017	Reference number 170508 · RAAMLEPING BITUUMENEMULSIOONI OSTMISEKS NR 4-36/208-2016	Aktsiaselts Eesti TeedContracting authority	1 072 000 €actual 701 592 €	Completed
09.05.2014End 09.05.2015	Reference number 150145 · RAAMLEPING BITUUMENEMULSIOONI OSTMISEKS NR 40/14 1.	Aktsiaselts Eesti TeedContracting authority	1 871 500 €actual 625 011 €	Completed
20.03.2013End 26.04.2014	Reference number 139762 · RAAMLEPING BITUUMENEMULSIOONI OSTMISEKS	Aktsiaselts Eesti TeedContracting authority	2 136 000 €actual 398 108 €	Completed

.ee domains


pigipada.ee	Active	04.07.2010	02.12.2028

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.