AS Eesti Pagar

Active Registry code 10080750 AS Paide linn Registered 16 Aug 1996
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AS Eesti Pagar is a AS based in Paide linn, registry code 10080750, status: active. Main activity: Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes. According to EMTA, turnover for Q3 2026 was €29 363 489 with 415 employees.

Turnover
29 363 489 €
↓ 10.5% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
1 361 788 €
↑ 7.2% vs Q2 2026
Employees
415
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of food products · EMTAK 10

  • Turnover · Q3 2026 29.4 mn €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 3 281 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 106.8 mn €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 4.3 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 29 363 489 € · −10.5% vs Q2 2026 · industry median 45 078 € · above 98% of the industry
010 00020 00030 00040 000Q4 2023 Company: 27 939 481 € Industry median: 54 156 €Q4·23Q1 2024 Company: 28 070 891 € Industry median: 49 728 €Q2 2024 Company: 29 466 853 € Industry median: 55 467 €Q2·24Q3 2024 Company: 28 771 818 € Industry median: 52 453 €Q4 2024 Company: 30 383 359 € Industry median: 55 699 €Q4·24Q1 2025 Company: 30 776 374 € Industry median: 45 267 €Q2 2025 Company: 30 795 958 € Industry median: 45 781 €Q2·25Q3 2025 Company: 33 238 705 € Industry median: 42 511 €Q4 2025 Company: 30 535 769 € Industry median: 43 779 €Q4·25Q1 2026 Company: 28 385 980 € Industry median: 42 208 €Q2 2026 Company: 32 816 480 € Industry median: 43 291 €Q2·26Q3 2026 Company: 29 363 489 € Industry median: 45 078 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 30 383 359 € Industry median: 55 699 €Q1 2025 Company: 30 776 374 € Industry median: 45 267 €Q1·25Q2 2025 Company: 30 795 958 € Industry median: 45 781 €Q3 2025 Company: 33 238 705 € Industry median: 42 511 €Q3·25Q4 2025 Company: 30 535 769 € Industry median: 43 779 €Q1 2026 Company: 28 385 980 € Industry median: 42 208 €Q1·26Q2 2026 Company: 32 816 480 € Industry median: 43 291 €Q3 2026 Company: 29 363 489 € Industry median: 45 078 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 281 € · +7.2% vs Q2 2026 · industry median 1 325 € · above 89% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 925 € Industry median: 1 130 €Q4·23Q1 2024 Company: 3 093 € Industry median: 1 255 €Q2 2024 Company: 3 100 € Industry median: 1 151 €Q2·24Q3 2024 Company: 3 267 € Industry median: 1 235 €Q4 2024 Company: 3 076 € Industry median: 1 242 €Q4·24Q1 2025 Company: 3 454 € Industry median: 1 334 €Q2 2025 Company: 3 546 € Industry median: 1 237 €Q2·25Q3 2025 Company: 3 569 € Industry median: 1 349 €Q4 2025 Company: 3 417 € Industry median: 1 355 €Q4·25Q1 2026 Company: 3 191 € Industry median: 1 278 €Q2 2026 Company: 3 060 € Industry median: 1 307 €Q2·26Q3 2026 Company: 3 281 € Industry median: 1 325 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 076 € Industry median: 1 242 €Q1 2025 Company: 3 454 € Industry median: 1 334 €Q1·25Q2 2025 Company: 3 546 € Industry median: 1 237 €Q3 2025 Company: 3 569 € Industry median: 1 349 €Q3·25Q4 2025 Company: 3 417 € Industry median: 1 355 €Q1 2026 Company: 3 191 € Industry median: 1 278 €Q1·26Q2 2026 Company: 3 060 € Industry median: 1 307 €Q3 2026 Company: 3 281 € Industry median: 1 325 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 415 · +0.0% vs Q2 2026
0100200300400500Q4 2023 Company: 349Q4·23Q1 2024 Company: 353Q2 2024 Company: 361Q2·24Q3 2024 Company: 360Q4 2024 Company: 368Q4·24Q1 2025 Company: 365Q2 2025 Company: 364Q2·25Q3 2025 Company: 375Q4 2025 Company: 380Q4·25Q1 2026 Company: 406Q2 2026 Company: 415Q2·26Q3 2026 Company: 415Q3·260100200300400500Q4 2024 Company: 368Q1 2025 Company: 365Q1·25Q2 2025 Company: 364Q3 2025 Company: 375Q3·25Q4 2025 Company: 380Q1 2026 Company: 406Q1·26Q2 2026 Company: 415Q3 2026 Company: 415Q3·26
State taxes, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026
05001 0001 5002 000Q4 2023 Company: 1 450 631 €Q4·23Q1 2024 Company: 1 655 313 €Q2 2024 Company: 1 467 212 €Q2·24Q3 2024 Company: 1 298 855 €Q4 2024 Company: 1 200 656 €Q4·24Q1 2025 Company: 1 256 288 €Q2 2025 Company: 1 302 731 €Q2·25Q3 2025 Company: 1 528 488 €Q4 2025 Company: 1 287 380 €Q4·25Q1 2026 Company: 1 339 855 €Q2 2026 Company: 377 295 €Q2·26Q3 2026 Company: 0 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 200 656 €Q1 2025 Company: 1 256 288 €Q1·25Q2 2025 Company: 1 302 731 €Q3 2025 Company: 1 528 488 €Q3·25Q4 2025 Company: 1 287 380 €Q1 2026 Company: 1 339 855 €Q1·26Q2 2026 Company: 377 295 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 29 363 489 — 1 361 788 415
Q2 2026 32 816 480 377 295 1 270 091 415
Q1 2026 28 385 980 1 339 855 1 295 561 406
Q4 2025 30 535 769 1 287 380 1 298 536 380
Q3 2025 33 238 705 1 528 488 1 338 374 375
Q2 2025 30 795 958 1 302 731 1 290 575 364
Q1 2025 30 776 374 1 256 288 1 260 844 365
Q4 2024 30 383 359 1 200 656 1 131 885 368
Q3 2024 28 771 818 1 298 855 1 176 013 360
Q2 2024 29 466 853 1 467 212 1 119 210 361
Q1 2024 28 070 891 1 655 313 1 091 992 353
Q4 2023 27 939 481 1 450 631 1 020 705 349
Q3 2023 28 607 525 1 585 679 1 058 203 352
Q2 2023 27 277 127 1 289 379 946 078 343
Q1 2023 25 290 496 1 612 452 896 476 328
Q4 2022 25 378 047 1 173 109 832 731 326
Q3 2022 23 758 688 950 731 840 599 325
Q2 2022 22 174 680 1 248 400 739 386 331
Q1 2022 19 355 269 1 070 876 770 445 316
Labour taxes per employee per month
1 094 €
Turnover per employee in the quarter
70 755 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, mn € 2025: 106 836 961 € · +5.8% vs 2024 · industry median 18 772 € · above 98% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 56 679 897 € Industry median: 30 835 €20192020 Company: 56 981 002 € Industry median: 25 856 €20202021 Company: 62 920 769 € Industry median: 27 831 €20212022 Company: 78 930 239 € Industry median: 27 183 €20222023 Company: 95 589 873 € Industry median: 25 465 €20232024 Company: 100 969 172 € Industry median: 20 780 €20242025 Company: 106 836 961 € Industry median: 18 772 €202502550751001252018 Company: — Industry median: —2019 Company: 56 679 897 € Industry median: 30 835 €20192020 Company: 56 981 002 € Industry median: 25 856 €2021 Company: 62 920 769 € Industry median: 27 831 €20212022 Company: 78 930 239 € Industry median: 27 183 €2023 Company: 95 589 873 € Industry median: 25 465 €20232024 Company: 100 969 172 € Industry median: 20 780 €2025 Company: 106 836 961 € Industry median: 18 772 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 4 545 482 € · +18.5% vs 2024 · industry median 37 € · above 98% of the industry
01 0002 0003 0004 0005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 680 976 € Industry median: 589 €20192020 Company: 1 763 800 € Industry median: 313 €20202021 Company: 1 123 710 € Industry median: 539 €20212022 Company: 1 136 427 € Industry median: 195 €20222023 Company: 2 870 439 € Industry median: 144 €20232024 Company: 3 836 223 € Industry median: 84 €20242025 Company: 4 545 482 € Industry median: 37 €202501 0002 0003 0004 0005 0002018 Company: — Industry median: —2019 Company: 1 680 976 € Industry median: 589 €20192020 Company: 1 763 800 € Industry median: 313 €2021 Company: 1 123 710 € Industry median: 539 €20212022 Company: 1 136 427 € Industry median: 195 €2023 Company: 2 870 439 € Industry median: 144 €20232024 Company: 3 836 223 € Industry median: 84 €2025 Company: 4 545 482 € Industry median: 37 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.3 % · +0.5 pp vs the year before · industry median 2.1 % · above 59% of the industry
0123452016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.0 % Industry median: 3.6 %20192020 Company: 3.1 % Industry median: 3.3 %20202021 Company: 1.8 % Industry median: 3.8 %20212022 Company: 1.4 % Industry median: 2.8 %20222023 Company: 3.0 % Industry median: 2.8 %20232024 Company: 3.8 % Industry median: 2.3 %20242025 Company: 4.3 % Industry median: 2.1 %20250123452018 Company: — Industry median: —2019 Company: 3.0 % Industry median: 3.6 %20192020 Company: 3.1 % Industry median: 3.3 %2021 Company: 1.8 % Industry median: 3.8 %20212022 Company: 1.4 % Industry median: 2.8 %2023 Company: 3.0 % Industry median: 2.8 %20232024 Company: 3.8 % Industry median: 2.3 %2025 Company: 4.3 % Industry median: 2.1 %2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 46 697 969 € · +13.5% vs 2024
010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 33 054 032 €20192020 Company: 32 515 160 €20202021 Company: 34 366 677 €20212022 Company: 38 570 323 €20222023 Company: 37 456 738 €20232024 Company: 41 129 326 €20242025 Company: 46 697 969 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 33 054 032 €20192020 Company: 32 515 160 €2021 Company: 34 366 677 €20212022 Company: 38 570 323 €2023 Company: 37 456 738 €20232024 Company: 41 129 326 €2025 Company: 46 697 969 €2025
Equity, € thousand 2025: 30 872 089 € · +13.4% vs 2024
010 00020 00030 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 17 456 009 €20192020 Company: 19 219 809 €20202021 Company: 20 343 519 €20212022 Company: 21 479 946 €20222023 Company: 24 350 385 €20232024 Company: 27 226 608 €20242025 Company: 30 872 089 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 17 456 009 €20192020 Company: 19 219 809 €2021 Company: 20 343 519 €20212022 Company: 21 479 946 €2023 Company: 24 350 385 €20232024 Company: 27 226 608 €2025 Company: 30 872 089 €2025
Employees 2025: 379 · +3.8% vs 2024 · industry median 3 · above 98% of the industry
01002003004002016 Company: 247 Industry median: —20162017 Company: 266 Industry median: —20172018 Company: 277 Industry median: 420182019 Company: 295 Industry median: 420192020 Company: 298 Industry median: 420202021 Company: 310 Industry median: 320212022 Company: 325 Industry median: 320222023 Company: 346 Industry median: 320232024 Company: 365 Industry median: 320242025 Company: 379 Industry median: 3202501002003004002018 Company: 277 Industry median: 42019 Company: 295 Industry median: 420192020 Company: 298 Industry median: 42021 Company: 310 Industry median: 320212022 Company: 325 Industry median: 32023 Company: 346 Industry median: 320232024 Company: 365 Industry median: 32025 Company: 379 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 106 836 961 4 545 482 12 550 358 46 697 969 30 872 089 379
2024 100 969 172 3 836 223 11 607 437 41 129 326 27 226 608 365
2023 95 589 873 2 870 439 10 329 599 37 456 738 24 350 385 346
2022 78 930 239 1 136 427 8 325 523 38 570 323 21 479 946 325
2021 62 920 769 1 123 710 8 016 300 34 366 677 20 343 519 310
2020 56 981 002 1 763 800 7 371 632 32 515 160 19 219 809 298
2019 56 679 897 1 680 976 6 814 557 33 054 032 17 456 009 295
2018 — — — — — 277
2017 — — — — — 266
2016 — — — — — 247
2015 — — — — — 229
2014 — — — — — 218
2013 — — — — — 194
2012 — — — — — 204
2011 — — — — — 208
2010 — — — — — 201
2009 — — — — — 347
2008 — — — — — 350
2007 — — — — — 380
2006 — — — — — 410
2005 — — — — — 396
2004 — — — — — 409
2003 — — — — — 483
2002 — — — — — 500
2001 — — — — — 607
2000 — — — — — 524
1997 — — — — — 3

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
4.3 %
Net profit / revenue
Return on equity (ROE)
14.7 %
Net profit / equity
Return on assets (ROA)
9.7 %
Net profit / assets
Equity ratio
66.1 %
Equity / assets
Debt ratio
33.9 %
Liabilities / assets
Current ratio
1.41
Current assets / current liabilities
Revenue per employee
281 892 €
Revenue / average full-time employees
Labour cost per employee per month
2 760 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
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 1 Jul 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 Aug 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 31 Aug 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
9 3 500 000 € AS SEB Pank 7 Nov 2025 – in force
8 200 000 € AS SEB Pank 1 Dec 2022 – in force
7 1 300 000 € AS SEB Pank 3 Jan 2019 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Ragnar Kõiv
    Board member · since 23 Sep 2019

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

  • Romet Puhk
    Indirect ownership · since 29 Aug 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 10711Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes Main
Rulings
Number, date Title Deadline State Document
K 30042771 / 15
7 Nov 2025
Commercial pledge entered In force
7 Nov 2025
PDF
K 30042771 / M10
6 Nov 2025
Procedural ruling 13 Nov 2025 Deficiencies eliminated
7 Nov 2025
PDF
Ä 30042771 / 14
24 Sep 2025
Amendment entry In force
24 Sep 2025
PDF
Ä 30042771 / M9
19 Sep 2025
Ruling to eliminate deficiencies 19 Oct 2025 Deficiencies eliminated
24 Sep 2025
PDF
Ä 30042771 / M8
15 Sep 2025
Ruling to eliminate deficiencies 15 Oct 2025 Deficiencies eliminated
24 Sep 2025
PDF
K 30042771 / 13
27 Dec 2024
Commercial pledge amended In force
27 Dec 2024
PDF
K 30042771 / 12
27 Dec 2024
Commercial pledge amended In force
27 Dec 2024
PDF
K 30042771 / 11
1 Dec 2022
Commercial pledge entered In force
1 Dec 2022
PDF
K 30042771 / 10
1 Dec 2022
Commercial pledge amended In force
1 Dec 2022
PDF
Ä 30042771 / M7
14 Nov 2019
Procedural ruling In force
14 Nov 2019
PDF
Ä 30042771 / M6
16 Oct 2019
Ruling to eliminate deficiencies 31 Oct 2019 In force
16 Oct 2019
PDF
Ä 30042771 / M5
9 Oct 2019
Ruling to eliminate deficiencies 29 Oct 2019 In force
9 Oct 2019
PDF
Ä 30042771 / 9
23 Sep 2019
Amendment entry In force
23 Sep 2019
PDF
Ä 30042771 / M4
13 May 2019
Ruling to correct data outside an entry 23 May 2019 Deficiencies eliminated
21 May 2019
PDF
K 30042771 / 8
3 Jan 2019
Commercial pledge entered In force
3 Jan 2019
PDF
K 30042771 / M3
4 Dec 2018
Ruling to eliminate deficiencies 19 Dec 2018 Deficiencies eliminated
3 Jan 2019
PDF
K 30042771 / 7
22 Nov 2018
Commercial pledge deleted In force
22 Nov 2018
PDF
Ä 30042771 / 6
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 30042771 / 5
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30042771 / 4
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 30042771 / 3
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 30042771 / 2
12 Jul 2011
Amendment entry In force
15 Aug 2011
PDF
Ä 30042771 / M2
19 May 2011
Ruling to eliminate deficiencies In force
19 May 2011
PDF
K 15519 / 5
5 Feb 2010
Commercial pledge deleted In force
5 Feb 2010
PDF
K 15519 / 4
5 Feb 2010
Compliance with Commercial Code § 33 (7.1) In force
5 Feb 2010
PDF
Ä 48693 / 15
31 Jan 2010
Registry card closed after a change of district In force
31 Jan 2010
PDF
K 121122 / 4
31 Jan 2010
Change of registry district In force
31 Jan 2010
PDF
K 121122 / 3
31 Jan 2010
Change of registry district In force
31 Jan 2010
PDF
K 43021 / 2
29 Jan 2010
Commercial pledge entered In force
29 Jan 2010
PDF
K 43021
29 Jan 2010
Commercial pledge entered In force
29 Jan 2010
PDF
Ä 42771
27 Jan 2010
Registry card opened in the department of the new seat In force
27 Jan 2010
PDF
Ä 42771 / M1
11 Jan 2010
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
11 Jan 2010
PDF
Ä 48693 / 14
4 Jan 2010
Note In force
4 Jan 2010
PDF
Ä 48693 / 13
3 Dec 2008
Deletion of activities from the registry card In force
15 Dec 2008
PDF
K 121122 / 2
18 Sep 2008
Commercial pledge entered In force
18 Sep 2008
PDF
K 121122
10 Sep 2008
Commercial pledge entered In force
18 Sep 2008
PDF
Ä 48693 / 12
9 Jul 2008
Amendment entry In force
10 Jul 2008
PDF
Ä 48693 / M7
2 Jul 2008
Ruling to eliminate deficiencies (to be served) 12 Aug 2008 In force
3 Jul 2008
PDF
Ä 48693 / 11
27 Jan 2006
Amendment entry In force
31 Jan 2006
PDF
Ä 48693 / M10
25 Jan 2006
Entry refused: deficiencies not eliminated In force
26 Jan 2006
PDF
Ä 48693 / M6
15 Nov 2005
Ruling to eliminate deficiencies (to be served) In force PDF
Ä 48693 / 9
7 Sep 2004
Amendment entry In force PDF
Ä 48693 / 8
18 Mar 2004
Amendment entry In force PDF
Ä 48693 / M5
8 Mar 2004
Ruling to eliminate deficiencies (to be served) 10 May 2004 In force PDF
Ä 48693 / M4
10 Feb 2004
Ruling to eliminate deficiencies (to be served) 10 May 2004 In force PDF
Ä 48693 / 7
25 Jun 2003
Entry decision on the register’s own initiative In force PDF
Ä 48693 / 6
9 Aug 2002
Unpublished amendment entry In force PDF
Ä 48693 / 5
8 Aug 2002
Unpublished amendment entry In force PDF
Ä 48693 / M3
15 Jul 2002
Ruling to eliminate deficiencies (to be served) 10 Oct 2002 In force PDF
Ä 48693 / 4
26 Apr 2002
Unpublished amendment entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data