Industrial Systems Engineering OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	20.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	28.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	12.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.03.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	10.06.2021	Valid	PDF
2019	02.07.2018 – 31.12.2019	04.02.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	28.10.2020	Expired	PDF

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate1 .ee domains–Licenses3 Regulations5 Public transactions5 Grants1 State aid1 Public procurement5 Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	381 948 €	139 393 €	1,74 M €+23,0%	27
2026 Q2	289 424 €	138 882 €	1,41 M €−16,0%	30
2026 Q1	267 700 €	127 734 €	1,69 M €+33,5%	30
Total 2026:	939 072 €	406 009 €	4,84 M €
2025 Q4	237 562 €	128 862 €	1,26 M €−14,1%	30
2025 Q3	283 934 €	92 853 €	1,47 M €+43,6%	27
2025 Q2	232 781 €	90 573 €	1,02 M €+79,9%	20
2025 Q1	169 513 €	81 661 €	569 158 €−47,8%	19
Total 2025:	923 790 €	393 949 €	4,33 M €
2024 Q4	284 275 €	107 185 €	1,09 M €+10,9%	17
2024 Q3	188 747 €	86 580 €	983 783 €−22,4%	19
2024 Q2	223 169 €	84 171 €	1,27 M €+42,1%	22
2024 Q1	179 280 €	87 751 €	892 070 €+12,0%	21
Total 2024:	875 471 €	365 687 €	4,23 M €
2023 Q4	144 267 €	86 311 €	796 793 €−13,9%	19
2023 Q3	196 258 €	82 532 €	925 409 €+0,8%	20
2023 Q2	146 129 €	79 225 €	918 464 €+40,3%	19
2023 Q1	118 584 €	73 068 €	654 713 €−14,2%	18
Total 2023:	605 238 €	321 136 €	3,30 M €
2022 Q4	169 176 €	74 809 €	763 477 €+32,3%	19
2022 Q3	124 057 €	66 084 €	577 239 €+12,1%	18
2022 Q2	97 253 €	66 466 €	514 930 €−50,4%	18
2022 Q1	135 274 €	65 046 €	1,04 M €−5,7%	18
Total 2022:	525 760 €	272 405 €	2,89 M €
2021 Q4	128 655,97 €	78 538,11 €	1,10 M €+91,8%	18
2021 Q3	90 281,60 €	80 345,62 €	574 009,45 €−6,2%	20
2021 Q2	122 072,19 €	72 232,39 €	612 217,03 €+44,4%	19
2021 Q1	100 759,37 €	73 093,61 €	423 873,10 €−25,5%	18
Total 2021:	441 769,13 €	304 209,73 €	2,71 M €
2020 Q4	78 007,05 €	68 280,09 €	569 315,21 €−2,0%	19
2020 Q3	92 475,20 €	57 479,21 €	581 132,13 €+72,1%	18
2020 Q2	78 637,48 €	53 124,89 €	337 587,32 €−0,4%	16
2020 Q1	74 702 €	56 709 €	338 883 €−14,5%	15
Total 2020:	323 821,73 €	235 593,19 €	1,83 M €
2019 Q4	71 646 €	52 295 €	396 519 €+28,1%	15
2019 Q3	39 716 €	24 983 €	309 487 €+116%	14
2019 Q2	18 773 €	4 023 €	143 527 €+553%	8
2019 Q1	1 840 €	0 €	21 996 €+2 344%	1
Total 2019:	131 975 €	81 301 €	871 529 €
2018 Q4	180 €	0 €	900 €−78,2%	0
2018 Q3	584 €	0 €	4 120 €	0
Total 2018:	764 €	0 €	5 020 €

Revenue by industry

	2023	2024	2025
Installation of industrial machinery and equipment	3 274 566 €	3 961 489 €	3 835 022 €
Other non-specialised retail trade			49 892 €

Tax debts

No tax debt found

No tax debt as of 14.11.2026

Representatives

	Personal ID code
Andre Parik	38211XXXXXX	23.11.1982 (43)	Board member	24.05.2019	-
Karl-Indrek Raudheiding	39102XXXXXX	10.02.1991 (35)	Board member	24.05.2019	-
Taimo Piho	39104XXXXXX	19.04.1991 (35)	Board member	02.07.2018	-

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Shareholders

	Personal ID code
Andre Parik	38211XXXXXX	23.11.1982 (43)	Shareholder	1 125 EUR	45,00%	Sole ownership	01.09.2023	-
Taimo Piho	39104XXXXXX	19.04.1991 (35)	Shareholder	1 125 EUR	45,00%	Sole ownership	01.09.2023	-
Karl-Indrek Raudheiding	39102XXXXXX	10.02.1991 (35)	Shareholder	250 EUR	10,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Taimo Piho	39104XXXXXX	19.04.1991 (35)	Founder	30.06.2018	-

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Ultimate beneficial owners

	Personal ID code
Karl-Indrek Raudheiding	39102XXXXXX	10.02.1991 (35)	Direct holding	21.08.2025	-
Andre Parik	38211XXXXXX	23.11.1982 (43)	Direct holding	22.09.2019	-
Taimo Piho	39104XXXXXX	19.04.1991 (35)	Direct holding	24.10.2018	-

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Holdings in companies


ISE CNC OÜ	06.01.2025	Shareholder	2 250 EUR	90,00%	Sole ownership	06.01.2025	-

2026 Q3

Turnover

Amount: 1 740 538 €
Monthly average: 580 179 €
Per employee: 21 488 €
Equity ratio: 23 207,17%

Labour taxes

Turnover ratio: 8,01%
Tax ratio: 36,50%
Monthly average: 46 464 €
Per employee: 1 630 €

State taxes

Monthly average: 127 316 €
Turnover ratio: 21,94%

Estimated salary

Gross salary: 2 973 €
Net salary: 2 390 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	3 329 576 €+58,3%	2 103 978 €+31,4%	1 601 399 €+56,1%	1 025 860 €+59,2%	644 272 €+44,0%	447 296 €+60,5%	278 645 €
Non-current assets	580 454 €+15,2%	504 058 €+11,8%	450 746 €+114%	210 438 €+9,2%	192 703 €+21,9%	158 110 €+142%	65 231 €
Total assets	3 910 030 €+49,9%	2 608 036 €+27,1%	2 052 145 €+66,0%	1 236 298 €+47,7%	836 975 €+38,3%	605 406 €+76,1%	343 876 €
Short-term liabilities	967 322 €+160%	371 336 €−30,0%	530 695 €+51,2%	350 956 €+82,3%	192 550 €+3,2%	186 506 €+38,4%	134 730 €
Long-term liabilities	-	-	7 427 €−70,2%	24 921 €−41,6%	42 683 €−12,7%	48 870 €+89,0%	25 853 €
Total liabilities	967 322 €+160%	371 336 €−31,0%	538 122 €+43,2%	375 877 €+59,8%	235 233 €−0,1%	235 376 €+46,6%	160 583 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	2 234 200 €+74,8%	1 278 505 €+58,1%	808 433 €+42,4%	567 854 €+84,8%	307 357 €+85,9%	165 348 €	-
Net profit	706 008 €−26,1%	955 695 €+35,9%	703 090 €+142%	290 067 €−0,6%	291 885 €+44,4%	202 182 €+11,8%	180 793 €
Equity	2 942 708 €+31,6%	2 236 700 €+47,7%	1 514 023 €+76,0%	860 421 €+43,0%	601 742 €+62,6%	370 030 €+102%	183 293 €
Turnover	3 884 914 €−1,9%	3 961 489 €+21,0%	3 274 566 €+60,9%	2 034 977 €−29,5%	2 886 900 €+71,0%	1 687 894 €+71,1%	986 542 €
Profit margin	18,2%	24,1%	21,5%	14,3%	10,1%	12,0%	18,3%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	339 005 €	349 228 €
Liquidity
Current ratio	2,9	3,3
Quick ratio	2,4	3,0
Cash ratio	1,4	2,2
Efficiency
Days sales outstanding (dso)	45,9	23,9
Asset turnover	2,0	4,0
Structure
Debt ratio	0,3	0,3
Profitability
Operating margin	14,6%	10,8%
Net profit margin	14,3%	10,1%
Return on assets (roa)	28,0%	40,5%
Return on equity (roe)	33,7%	48,5%

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Licences & notices


Notice of economic activity	TGT000652	Gas works	Valid	01.09.2022	-
Notice of economic activity	TST000373	Pressure-equipment works	Valid	06.05.2022	-
Notice of economic activity	TEL003969	Electrical works	Valid	06.04.2021	-

Regulations


Ä 50097297 / 4	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50097297 / 3	24.05.2019	Entry – Amendment entry	-	Entered into force24.05.2019
Ä 50097297 / M1	23.05.2019	Order to remedy deficiencies – Amendment entry	02.06.2019	Deficiencies remedied23.05.2019
Ä 50097297 / 2	23.05.2019	Entry – Amendment entry	-	Entered into force23.05.2019
Ä 50097297	02.07.2018	Entry – Initial entry	-	Entered into force02.07.2018

Real estate

		Purpose
Rehepapi tee 39a, Soinaste küla, Kambja vald, Tartu maakond	4600 m²	Commercial land 50%, Industrial land 50%

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


20.02.2025	Majandus- ja Kommunikatsiooniministeerium	10 000 €Received	OTHER GRANTSOther general government services
03.05.2024	Osaühing TARTU VALLA HALDUS	9 272 €Received	OPERATING EXPENSESOther housing and municipal-services activities
17.08.2023	Tartu Tervishoiu Kõrgkool	552 €Received	OPERATING EXPENSESTertiary education
08.08.2023	Kanepi Vallavalitsus	816 €Received	OPERATING EXPENSESFolk culture
05.07.2023	Tartu Sündmuste Korralduskeskus	1 512 €Received	OPERATING EXPENSESFolk culture

Funded projects


Industrial Systems Engineering digiteekaardi projekt2021-2027.1.02.24-0193	(EK nr 1.2) Digitaliseerimisest kasu toomineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	02.10.2024 – 20.12.20242021-2027	19 200 €support 52,1%	19 200 €	Completed

State aid


02.10.2024	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241674	Muu › MuuGrant	10 000 €	241674/2400093

Public procurement contracts


16.06.2026End 30.06.2027	Reference number 299398 · TÖÖVÕTULEPING	osaühing ESTOVER PIIMATÖÖSTUSContracting authority	-	Concluded
02.09.2025End 01.05.2026	Reference number 297973 · TÖÖVÕTULEPING NR TI07082025	Bioforce Viiratsi OÜContracting authority	440 585,21 €actual 550 267,60 €	Completed
01.08.2025End 15.04.2026	Reference number 296124 · TÖÖVÕTULEPING NR 17072025	Bioforce Viiratsi OÜContracting authority	285 141,49 €	Completed
18.10.2023End 29.02.2024	Reference number 269443 · Ostuleping	aktsiaselts Tartu VeevärkContracting authority	150 865 €actual 144 192,31 €	Completed
10.10.2023	Reference number 266819 · OSTU-MÜÜGILEPING	aktsiaselts Tartu VeevärkContracting authority	178 748 €	Completed

.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.