AS Paide MEK
Active Registry code 10064455
AS Paide linn Registered 23 Aug 1996
AS Paide MEK is a AS based in Paide linn, registry code 10064455, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €3 534 005 with 59 employees.
Turnover
3 534 005 €
↓ 0.7% vs Q2 2026
State taxes
492 993 €
↑ 14.3% vs Q2 2026
Labour taxes
205 945 €
↓ 14.7% vs Q2 2026
Employees
59
−4 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.5 mn €above 98% of companiesindustry median 25 252 € · companies in the industry: 4 696
- Labour taxes per employee 3 491 €above 92% of companiesindustry median 1 211 € · companies in the industry: 4 133
- Revenue · 2025 11.5 mn €above 98% of companiesindustry median 38 239 € · companies in the industry: 6 999
- Net profit margin · 2025 1.6 %above 42% of companiesindustry median 3.5 % · companies in the industry: 5 561
Taxes and turnover
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 3 534 005 | 492 993 | 205 945 | 59 |
| Q2 2026 | 3 557 430 | 431 136 | 241 526 | 63 |
| Q1 2026 | 2 608 296 | 272 996 | 199 698 | 60 |
| Q4 2025 | 4 189 878 | 388 341 | 214 400 | 60 |
| Q3 2025 | 2 427 136 | 316 556 | 196 064 | 61 |
| Q2 2025 | 2 596 863 | 713 274 | 265 788 | 57 |
| Q1 2025 | 2 960 076 | 396 633 | 189 114 | 55 |
| Q4 2024 | 3 818 214 | 427 848 | 198 368 | 58 |
| Q3 2024 | 3 051 683 | 352 842 | 192 433 | 59 |
| Q2 2024 | 2 397 169 | 735 593 | 309 404 | 60 |
| Q1 2024 | 2 191 264 | 374 034 | 185 346 | 57 |
| Q4 2023 | 3 385 746 | 578 080 | 193 860 | 58 |
| Q3 2023 | 3 162 270 | 479 639 | 186 800 | 55 |
| Q2 2023 | 2 607 561 | 429 323 | 248 830 | 57 |
| Q1 2023 | 3 725 196 | 365 929 | 185 565 | 59 |
| Q4 2022 | 5 465 820 | 504 376 | 178 770 | 66 |
| Q3 2022 | 4 423 446 | 413 731 | 184 910 | 69 |
| Q2 2022 | 3 476 524 | 301 093 | 154 675 | 69 |
| Q1 2022 | 2 838 510 | 261 150 | 167 729 | 66 |
Labour taxes per employee per month
1 164 €
Turnover per employee in the quarter
59 898 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 11 472 222 | 181 982 | 2 010 778 | 4 773 286 | 3 158 902 | 58 |
| 2024 | 11 431 758 | 940 102 | 2 077 343 | 5 599 604 | 3 940 520 | 59 |
| 2023 | 11 501 319 | 1 816 417 | 2 083 141 | 6 079 672 | 4 124 618 | 61 |
| 2022 | 15 064 254 | 1 211 014 | 1 978 521 | 5 329 617 | 2 814 529 | 68 |
| 2021 | 12 495 858 | -987 892 | 1 683 958 | 4 636 509 | 1 603 515 | 69 |
| 2020 | 10 216 045 | 132 443 | 1 682 312 | 4 790 138 | 2 773 907 | 70 |
| 2019 | 13 450 272 | -217 939 | 1 790 091 | 4 142 724 | 2 714 464 | 78 |
| 2018 | — | — | — | — | — | 80 |
| 2017 | — | — | — | — | — | 80 |
| 2016 | — | — | — | — | — | 76 |
| 2015 | — | — | — | — | — | 78 |
| 2014 | — | — | — | — | — | 81 |
| 2013 | — | — | — | — | — | 96 |
| 2012 | — | — | — | — | — | 104 |
| 2011 | — | — | — | — | — | 97 |
| 2010 | — | — | — | — | — | 91 |
| 2009 | — | — | — | — | — | 109 |
| 2008 | — | — | — | — | — | 131 |
| 2007 | — | — | — | — | — | 118 |
| 2006 | — | — | — | — | — | 115 |
| 2005 | — | — | — | — | — | 104 |
| 2004 | — | — | — | — | — | 96 |
| 2003 | — | — | — | — | — | 95 |
| 2002 | — | — | — | — | — | 94 |
| 2001 | — | — | — | — | — | 92 |
| 2000 | — | — | — | — | — | 89 |
| 1999 | — | — | — | — | — | 90 |
| 1998 | — | — | — | — | — | 102 |
| 1997 | — | — | — | — | — | 95 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
1.6 %
Net profit / revenue
Return on equity (ROE)
5.8 %
Net profit / equity
Return on assets (ROA)
3.8 %
Net profit / assets
Equity ratio
66.2 %
Equity / assets
Debt ratio
33.8 %
Liabilities / assets
Current ratio
2.48
Current assets / current liabilities
Revenue per employee
200 488 €
Revenue / average full-time employees
Labour cost per employee per month
2 889 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 3 Jul 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 5 | 400 000 € | AS SEB Pank | 1 Oct 2018 – in force |
| 4 | 2 000 000 EEK | AS SEB Pank | 2 Jan 2006 – in force |
| 3 | 1 000 000 EEK | Aktsiaselts SEB Eesti Ühispank | 2 Jan 2006 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Janek LohuBoard member · since 28 Jun 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Olev SaksniitDirect ownership · since 1 Nov 2018
- Raivo PaalpereDirect ownership · since 1 Nov 2018
- Vello HaavDirect ownership · since 1 Nov 2018
Founders and other persons
- Lihtsalt Teenused OÜAudit firm · 14 Jun 2023
- Olev SaksniitSupervisory board member · 15 Jun 2026
- Raivo PaalpereSupervisory board member · 15 Jun 2026
- Vello HaavSupervisory board member · 15 Jun 2026
- Omanikukonto: OLEV SAKSNIITShareholder · 6 336 € · 16 Aug 2023
- Omanikukonto: RAIVO PAALPEREShareholder · 14 682 € · 5 Dec 2025
- Omanikukonto: VELLO HAAVShareholder · 13 747 € · 5 Dec 2025
Related companies
Activities (EMTAK)
- 41001Construction of residential and non-residential buildings Main
- 43999Other specialised construction activities
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30027977 / 14 26 Jul 2023 |
Amendment entry | In force 26 Jul 2023 |
||
| Ä 30027977 / 13 28 Jun 2023 |
Amendment entry | In force 28 Jun 2023 |
||
| Ä 30027977 / M6 19 Jun 2023 |
Ruling to eliminate deficiencies | 5 Jul 2023 | Deficiencies eliminated 21 Jun 2023 |
|
| Ä 30027977 / 12 23 Jul 2020 |
Amendment entry | In force 23 Jul 2020 |
||
| Ä 30027977 / M5 29 Jun 2020 |
Refund of the state fee | In force 29 Jun 2020 |
||
| Ä 30027977 / M4 22 Jun 2020 |
Ruling to eliminate deficiencies | 7 Jul 2020 | Deficiencies eliminated 2 Jul 2020 |
|
| Ä 30027977 / M3 22 Jun 2020 |
Ruling to eliminate deficiencies | 17 Jul 2020 | Deficiencies eliminated 29 Jun 2020 |
|
| Ä 30027977 / 11 22 Jun 2020 |
Entry refused | In force 16 Jul 2020 |
||
| K 30027977 / 9 1 Oct 2018 |
Commercial pledge amended | In force 1 Oct 2018 |
||
| K 30027977 / 10 1 Oct 2018 |
Commercial pledge entered | In force 1 Oct 2018 |
||
| Ä 30027977 / 8 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30027977 / 7 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 30027977 / 6 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 30027977 / 5 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 30027977 / 4 25 Sep 2013 |
Amendment entry | In force 25 Sep 2013 |
||
| Ä 30027977 / 3 29 Jun 2011 |
Amendment entry | In force 29 Jun 2011 |
||
| Ä 30027977 / M2 15 Jun 2011 |
Ruling to eliminate deficiencies | 15 Jul 2011 | In force 15 Jun 2011 |
|
| Ä 27977 / 2 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 27977 / M1 3 Sep 2008 |
Warning of a fine: deficiencies in the annual report | 9 Oct 2008 | Deficiencies eliminated 9 Sep 2008 |
|
| Ä 3889 / 6 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 27977 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 27978 / 2 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 27978 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 17082 / 7 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 17082 / 6 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| K 17082 / 5 6 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 3889 / 4 20 May 2005 |
Amendment entry | In force | ||
| K 17082 / 4 20 May 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 17082 / 3 20 May 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 3889 / 3 26 May 2003 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data