aktsiaselts LIIVIMAA PAGAR

Active Registry code 10301300 AS Tartu linn Registered 27 Oct 1997
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aktsiaselts LIIVIMAA PAGAR is a AS based in Tartu linn, registry code 10301300, 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 €30 034 with 2 employees.

Turnover
30 034 €
↑ 30.7% vs Q2 2026
State taxes
5 664 €
↑ 68.6% vs Q2 2026
Labour taxes
3 210 €
↑ 54.3% vs Q2 2026
Employees
2
−1 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 30 034 €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 1 605 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 117 868 €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 -0.7 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 30 034 € · +30.7% vs Q2 2026 · industry median 45 078 € · above 43% of the industry
020 00040 00060 000Q4 2023 Company: 30 203 € Industry median: 54 156 €Q4·23Q1 2024 Company: 21 163 € Industry median: 49 728 €Q2 2024 Company: 28 162 € Industry median: 55 467 €Q2·24Q3 2024 Company: 37 283 € Industry median: 52 453 €Q4 2024 Company: 26 132 € Industry median: 55 699 €Q4·24Q1 2025 Company: 23 633 € Industry median: 45 267 €Q2 2025 Company: 31 324 € Industry median: 45 781 €Q2·25Q3 2025 Company: 37 511 € Industry median: 42 511 €Q4 2025 Company: 26 003 € Industry median: 43 779 €Q4·25Q1 2026 Company: 16 742 € Industry median: 42 208 €Q2 2026 Company: 22 976 € Industry median: 43 291 €Q2·26Q3 2026 Company: 30 034 € Industry median: 45 078 €Q3·26020 00040 00060 000Q4 2024 Company: 26 132 € Industry median: 55 699 €Q1 2025 Company: 23 633 € Industry median: 45 267 €Q1·25Q2 2025 Company: 31 324 € Industry median: 45 781 €Q3 2025 Company: 37 511 € Industry median: 42 511 €Q3·25Q4 2025 Company: 26 003 € Industry median: 43 779 €Q1 2026 Company: 16 742 € Industry median: 42 208 €Q1·26Q2 2026 Company: 22 976 € Industry median: 43 291 €Q3 2026 Company: 30 034 € 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: 1 605 € · +131.4% vs Q2 2026 · industry median 1 325 € · above 59% of the industry
05001 0001 5002 000Q4 2023 Company: 893 € Industry median: 1 130 €Q4·23Q1 2024 Company: 993 € Industry median: 1 255 €Q2 2024 Company: 827 € Industry median: 1 151 €Q2·24Q3 2024 Company: 938 € Industry median: 1 235 €Q4 2024 Company: 773 € Industry median: 1 242 €Q4·24Q1 2025 Company: 750 € Industry median: 1 334 €Q2 2025 Company: 699 € Industry median: 1 237 €Q2·25Q3 2025 Company: 982 € Industry median: 1 349 €Q4 2025 Company: 1 882 € Industry median: 1 355 €Q4·25Q1 2026 Company: 1 123 € Industry median: 1 278 €Q2 2026 Company: 694 € Industry median: 1 307 €Q2·26Q3 2026 Company: 1 605 € Industry median: 1 325 €Q3·2605001 0001 5002 000Q4 2024 Company: 773 € Industry median: 1 242 €Q1 2025 Company: 750 € Industry median: 1 334 €Q1·25Q2 2025 Company: 699 € Industry median: 1 237 €Q3 2025 Company: 982 € Industry median: 1 349 €Q3·25Q4 2025 Company: 1 882 € Industry median: 1 355 €Q1 2026 Company: 1 123 € Industry median: 1 278 €Q1·26Q2 2026 Company: 694 € Industry median: 1 307 €Q3 2026 Company: 1 605 € 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: 2 · −33.3% vs Q2 2026
0246Q4 2023 Company: 6Q4·23Q1 2024 Company: 5Q2 2024 Company: 5Q2·24Q3 2024 Company: 5Q4 2024 Company: 5Q4·24Q1 2025 Company: 5Q2 2025 Company: 5Q2·25Q3 2025 Company: 4Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 3Q2·26Q3 2026 Company: 2Q3·26012345Q4 2024 Company: 5Q1 2025 Company: 5Q1·25Q2 2025 Company: 5Q3 2025 Company: 4Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 5 664 € · +68.6% vs Q2 2026
02 0004 0006 0008 000Q4 2023 Company: 7 376 €Q4·23Q1 2024 Company: 5 564 €Q2 2024 Company: 5 947 €Q2·24Q3 2024 Company: 7 647 €Q4 2024 Company: 5 404 €Q4·24Q1 2025 Company: 4 706 €Q2 2025 Company: 5 372 €Q2·25Q3 2025 Company: 7 210 €Q4 2025 Company: 5 783 €Q4·25Q1 2026 Company: 2 853 €Q2 2026 Company: 3 359 €Q2·26Q3 2026 Company: 5 664 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 404 €Q1 2025 Company: 4 706 €Q1·25Q2 2025 Company: 5 372 €Q3 2025 Company: 7 210 €Q3·25Q4 2025 Company: 5 783 €Q1 2026 Company: 2 853 €Q1·26Q2 2026 Company: 3 359 €Q3 2026 Company: 5 664 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 30 034 5 664 3 210 2
Q2 2026 22 976 3 359 2 081 3
Q1 2026 16 742 2 853 2 245 2
Q4 2025 26 003 5 783 3 764 2
Q3 2025 37 511 7 210 3 926 4
Q2 2025 31 324 5 372 3 495 5
Q1 2025 23 633 4 706 3 750 5
Q4 2024 26 132 5 404 3 865 5
Q3 2024 37 283 7 647 4 692 5
Q2 2024 28 162 5 947 4 136 5
Q1 2024 21 163 5 564 4 966 5
Q4 2023 30 203 7 376 5 357 6
Q3 2023 34 895 7 326 5 478 6
Q2 2023 32 984 6 662 4 256 6
Q1 2023 24 143 4 703 3 954 6
Q4 2022 35 549 7 085 4 082 5
Q3 2022 39 860 7 107 4 576 5
Q2 2022 28 757 5 754 3 828 5
Q1 2022 17 508 3 984 3 999 5
Labour taxes per employee per month
535 €
Turnover per employee in the quarter
15 017 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 117 868 € · +4.7% vs 2024 · industry median 18 772 € · above 70% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 144 464 € Industry median: 30 835 €20192020 Company: 91 641 € Industry median: 25 856 €20202021 Company: 82 222 € Industry median: 27 831 €20212022 Company: 124 005 € Industry median: 27 183 €20222023 Company: 122 005 € Industry median: 25 465 €20232024 Company: 112 630 € Industry median: 20 780 €20242025 Company: 117 868 € Industry median: 18 772 €20250501001502018 Company: — Industry median: —2019 Company: 144 464 € Industry median: 30 835 €20192020 Company: 91 641 € Industry median: 25 856 €2021 Company: 82 222 € Industry median: 27 831 €20212022 Company: 124 005 € Industry median: 27 183 €2023 Company: 122 005 € Industry median: 25 465 €20232024 Company: 112 630 € Industry median: 20 780 €2025 Company: 117 868 € 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, € 2025: -779 € · +95.6% vs 2024 · industry median 37 € · above 25% of the industry
-25 000025 00050 00075 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 20 924 € Industry median: 589 €20192020 Company: -5 133 € Industry median: 313 €20202021 Company: 96 511 € Industry median: 539 €20212022 Company: 280 € Industry median: 195 €20222023 Company: -17 907 € Industry median: 144 €20232024 Company: -17 645 € Industry median: 84 €20242025 Company: -779 € Industry median: 37 €2025-25 000025 00050 00075 000100 0002018 Company: — Industry median: —2019 Company: 20 924 € Industry median: 589 €20192020 Company: -5 133 € Industry median: 313 €2021 Company: 96 511 € Industry median: 539 €20212022 Company: 280 € Industry median: 195 €2023 Company: -17 907 € Industry median: 144 €20232024 Company: -17 645 € Industry median: 84 €2025 Company: -779 € 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: -0.7 % · +15.0 pp vs the year before · industry median 2.1 % · above 33% of the industry
-500501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 14.5 % Industry median: 3.6 %20192020 Company: -5.6 % Industry median: 3.3 %20202021 Company: 117.4 % Industry median: 3.8 %20212022 Company: 0.2 % Industry median: 2.8 %20222023 Company: -14.7 % Industry median: 2.8 %20232024 Company: -15.7 % Industry median: 2.3 %20242025 Company: -0.7 % Industry median: 2.1 %2025-500501001502018 Company: — Industry median: —2019 Company: 14.5 % Industry median: 3.6 %20192020 Company: -5.6 % Industry median: 3.3 %2021 Company: 117.4 % Industry median: 3.8 %20212022 Company: 0.2 % Industry median: 2.8 %2023 Company: -14.7 % Industry median: 2.8 %20232024 Company: -15.7 % Industry median: 2.3 %2025 Company: -0.7 % 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: 120 549 € · −2.0% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 20 092 €20192020 Company: 10 725 €20202021 Company: 124 572 €20212022 Company: 132 221 €20222023 Company: 122 829 €20232024 Company: 123 045 €20242025 Company: 120 549 €20250501001502018 Company: —2019 Company: 20 092 €20192020 Company: 10 725 €2021 Company: 124 572 €20212022 Company: 132 221 €2023 Company: 122 829 €20232024 Company: 123 045 €2025 Company: 120 549 €2025
Equity, € 2025: 19 171 € · −3.9% vs 2024
-60 000-40 000-20 000020 00040 00060 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: -36 157 €20192020 Company: -41 290 €20202021 Company: 55 221 €20212022 Company: 55 502 €20222023 Company: 37 595 €20232024 Company: 19 951 €20242025 Company: 19 171 €2025-60 000-40 000-20 000020 00040 00060 0002018 Company: —2019 Company: -36 157 €20192020 Company: -41 290 €2021 Company: 55 221 €20212022 Company: 55 502 €2023 Company: 37 595 €20232024 Company: 19 951 €2025 Company: 19 171 €2025
Employees 2025: 3 · −25.0% vs 2024 · industry median 3 · above 50% of the industry
051015202016 Company: 18 Industry median: —20162017 Company: 19 Industry median: —20172018 Company: 13 Industry median: 420182019 Company: 6 Industry median: 420192020 Company: 4 Industry median: 420202021 Company: 4 Industry median: 320212022 Company: 4 Industry median: 320222023 Company: 4 Industry median: 320232024 Company: 4 Industry median: 320242025 Company: 3 Industry median: 320250510152018 Company: 13 Industry median: 42019 Company: 6 Industry median: 420192020 Company: 4 Industry median: 42021 Company: 4 Industry median: 320212022 Company: 4 Industry median: 32023 Company: 4 Industry median: 320232024 Company: 4 Industry median: 32025 Company: 3 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 117 868 -779 41 436 120 549 19 171 3
2024 112 630 -17 645 51 239 123 045 19 951 4
2023 122 005 -17 907 60 086 122 829 37 595 4
2022 124 005 280 42 668 132 221 55 502 4
2021 82 222 96 511 37 746 124 572 55 221 4
2020 91 641 -5 133 36 702 10 725 -41 290 4
2019 144 464 20 924 46 504 20 092 -36 157 6
2018 — — — — — 13
2017 — — — — — 19
2016 — — — — — 18
2015 — — — — — 20
2014 — — — — — 22
2013 — — — — — 26
2012 — — — — — 28
2011 — — — — — 29
2010 — — — — — 29
2009 — — — — — 27
2002 — — — — — 26
2001 — — — — — 27
2000 — — — — — 27
1999 — — — — — 27
1998 — — — — — 34

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
-0.7 %
Net profit / revenue
Return on equity (ROE)
-4.1 %
Net profit / equity
Return on assets (ROA)
-0.6 %
Net profit / assets
Equity ratio
15.9 %
Equity / assets
Debt ratio
84.1 %
Liabilities / assets
Current ratio
1.19
Current assets / current liabilities
Revenue per employee
39 289 €
Revenue / average full-time employees
Labour cost per employee per month
1 151 €
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 28 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Aug 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Jaanus Pillmann
    Board member · since 27 Oct 1997

Right of representation

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

Owners

No owner information.

Beneficial owners

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
Ä 20009458 / M15
28 Oct 2019
Warning of compulsory dissolution: insufficient net assets 25 Apr 2020 Deficiencies eliminated
11 Mar 2021
PDF
Ä 20009458 / M14
31 Oct 2018
Warning of a fine: annual report not filed 29 Jan 2019 Deficiencies eliminated
17 Dec 2018
PDF
Ä 20009458 / M13
31 Oct 2018
Ruling annulling a ruling In force
31 Oct 2018
PDF
Ä 20009458 / 9
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20009458 / 8
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20009458 / 7
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20009458 / 6
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20009458 / M11
27 Nov 2015
Ruling to eliminate deficiencies in the annual report 25 May 2016 Deficiencies eliminated
29 Jun 2016
PDF
Ä 20009458 / 5
23 May 2012
Entry refused: deficiencies not eliminated In force
23 May 2012
PDF
Ä 20009458 / M10
29 Dec 2011
Ruling to eliminate deficiencies 20 Jan 2012 In force
29 Dec 2011
PDF
Ä 20009458 / 4
6 Apr 2011
Deletion of activities from the registry card In force
6 Apr 2011
PDF
Ä 20009458 / M9
16 Feb 2010
Warning of deletion from the register: annual report not filed Deficiencies eliminated
5 Aug 2010
PDF
Ä 9458 / M8
13 Oct 2009
Fine for not filing the report 15 Nov 2009 In force
16 Oct 2009
PDF
Ä 9458 / M7
13 Sep 2007
Warning of deletion from the register: annual report not filed Deficiencies eliminated
4 Mar 2009
PDF
Ä 9458 / M6
16 Nov 2006
Fine for not filing the report 3 Mar 2007 In force
1 Feb 2007
PDF
Ä 9458 / M5
8 Mar 2006
Warning of deletion from the register: annual report not filed Deficiencies eliminated
11 Sep 2006
PDF
Ä 9458 / M4
8 Mar 2006
Fine for not filing the report 18 Jun 2006 In force
9 Mar 2006
PDF
Ä 9458 / M3
14 Apr 2004
Fine 15 Jun 2004 In force PDF
Ä 9458 / 3
16 Jul 2003
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data