osaühing Farmitek
Active Registry code 10301323
OÜ Tartu linn Registered 27 Oct 1997
osaühing Farmitek is a OÜ based in Tartu linn, registry code 10301323, status: active. Main activity: Wholesale of agricultural machinery, equipment and supplies. According to EMTA, turnover for Q3 2026 was €3 242 640 with 11 employees.
Turnover
3 242 640 €
↓ 4.2% vs Q2 2026
State taxes
433 614 €
↑ 2.4% vs Q2 2026
Labour taxes
51 230 €
↑ 17.4% vs Q2 2026
Employees
11
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.2 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 4 657 €above 83% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 3.7 mn €above 92% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 5.8 %above 63% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 3 242 640 | 433 614 | 51 230 | 11 |
| Q2 2026 | 3 384 613 | 423 271 | 43 642 | 10 |
| Q1 2026 | 1 376 797 | 245 755 | 54 087 | 10 |
| Q4 2025 | 2 558 104 | 289 472 | 49 759 | 10 |
| Q3 2025 | 1 552 126 | 302 011 | 47 485 | 10 |
| Q2 2025 | 1 284 156 | 163 825 | 43 231 | 10 |
| Q1 2025 | 1 087 150 | 162 256 | 42 860 | 10 |
| Q4 2024 | 1 326 073 | 164 675 | 36 607 | 10 |
| Q3 2024 | 1 143 413 | 164 875 | 36 465 | 10 |
| Q2 2024 | 1 080 098 | 167 556 | 36 810 | 9 |
| Q1 2024 | 653 807 | 102 591 | 34 120 | 9 |
| Q4 2023 | 1 030 578 | 132 151 | 33 984 | 9 |
| Q3 2023 | 676 120 | 92 478 | 31 946 | 9 |
| Q2 2023 | 614 409 | 88 143 | 30 193 | 9 |
| Q1 2023 | 579 092 | 85 904 | 34 289 | 9 |
| Q4 2022 | 829 017 | 125 268 | 32 769 | 9 |
| Q3 2022 | 1 102 731 | 121 641 | 32 830 | 9 |
| Q2 2022 | 1 040 357 | 134 630 | 31 575 | 9 |
| Q1 2022 | 763 716 | 106 974 | 31 444 | 9 |
Labour taxes per employee per month
1 552 €
Turnover per employee in the quarter
294 785 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 3 728 057 | 214 577 | 436 983 | 1 731 883 | 829 642 | 10 |
| 2024 | 2 574 589 | 350 642 | 353 787 | 1 220 241 | 765 065 | 11 |
| 2023 | 2 022 604 | 29 090 | 312 803 | 1 079 067 | 778 714 | 9 |
| 2022 | 2 196 916 | 119 871 | 303 910 | 983 208 | 749 624 | 9 |
| 2021 | 1 907 288 | 119 681 | 286 061 | 1 120 510 | 752 611 | 9 |
| 2020 | 2 518 270 | 152 150 | 294 712 | 1 021 994 | 774 299 | 10 |
| 2019 | 2 244 007 | 189 321 | 257 512 | 1 285 355 | 852 149 | 9 |
| 2018 | — | — | — | — | — | 9 |
| 2017 | — | — | — | — | — | 8 |
| 2016 | — | — | — | — | — | 9 |
| 2015 | — | — | — | — | — | 8 |
| 2014 | — | — | — | — | — | 10 |
| 2013 | — | — | — | — | — | 10 |
| 2012 | — | — | — | — | — | 10 |
| 2011 | — | — | — | — | — | 10 |
| 2008 | — | — | — | — | — | 2 |
| 2007 | — | — | — | — | — | 1 |
| 2006 | — | — | — | — | — | 0 |
| 2002 | — | — | — | — | — | 0 |
| 2001 | — | — | — | — | — | 0 |
| 2000 | — | — | — | — | — | 1 |
| 1999 | — | — | — | — | — | 2 |
| 1998 | — | — | — | — | — | 2 |
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
5.8 %
Net profit / revenue
Return on equity (ROE)
25.9 %
Net profit / equity
Return on assets (ROA)
12.4 %
Net profit / assets
Equity ratio
47.9 %
Equity / assets
Debt ratio
52.1 %
Liabilities / assets
Current ratio
1.91
Current assets / current liabilities
Revenue per employee
372 806 €
Revenue / average full-time employees
Labour cost per employee per month
3 642 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 25 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 20 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 21 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 29 Jun 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 2 620 000 EEK | Aktsiaselts SEB Eesti Ühispank | 7 Jan 2008 – in force |
Board
- Raul RaudBoard member · since 2 Oct 2007
- Raivo PaavelBoard member · since 2 Oct 2012
- Hindrek SmidtBoard member · since 12 Jan 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Raivo PaavelNatural person · 7 680 €
- Raul RaudNatural person · 7 680 €
- Hindrek SmidtNatural person · 7 680 €
- Valdis KruminšNatural person · 2 560 €
Beneficial owners
- Hindrek SmidtDirect ownership · since 6 Sep 2018
- Raivo PaavelDirect ownership · since 6 Sep 2018
- Raul RaudDirect ownership · since 6 Sep 2018
- Valdis KruminšDirect ownership · LVA · since 6 Sep 2018
Founders and other persons
- Hindrek SmidtFounder · 5 000 € · 27 Oct 1997
- Imbi SmidtFounder · 5 000 € · 27 Oct 1997
- Anu HarakAudit firm · 28 May 2008
Related companies
Activities (EMTAK)
- 46611Wholesale of agricultural machinery, equipment and supplies Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20009452 / 16 4 Feb 2026 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 4 Feb 2026 |
||
| Ä 20009452 / 15 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 20009452 / 14 7 Jul 2020 |
Amendment entry | In force 7 Jul 2020 |
||
| Ä 20009452 / M7 1 Jul 2020 |
Ruling to correct data outside an entry | 31 Jul 2020 | Deficiencies eliminated 3 Jul 2020 |
|
| Ä 20009452 / M6 1 Jul 2020 |
Ruling to correct data outside an entry | 31 Jul 2020 | Deficiencies eliminated 7 Jul 2020 |
|
| Ä 20009452 / 13 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20009452 / 12 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20009452 / 11 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20009452 / 10 12 Jan 2017 |
Amendment entry | In force 12 Jan 2017 |
||
| Ä 20009452 / M5 10 Jan 2017 |
Ruling to eliminate deficiencies | 17 Jan 2017 | Deficiencies eliminated 11 Jan 2017 |
|
| Ä 20009452 / 9 2 Oct 2012 |
Amendment entry | In force 2 Oct 2012 |
||
| Ä 20009452 / 8 7 Nov 2011 |
Amendment entry | In force 7 Nov 2011 |
||
| Ä 20009452 / M4 4 Jan 2011 |
Ruling to eliminate deficiencies | In force 4 Jan 2011 |
||
| Ä 20009452 / 7 4 Jan 2011 |
Amendment entry | In force 4 Jan 2011 |
||
| Ä 9452 / 6 15 Dec 2008 |
Amendment entry | In force 15 Dec 2008 |
||
| Ä 9452 / 5 15 Dec 2008 |
Deletion of activities from the registry card | In force 15 Dec 2008 |
||
| K 40360 / 2 16 Sep 2008 |
Commercial pledge amended | In force 16 Sep 2008 |
||
| K 40360 / M1 15 Sep 2008 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 15 Sep 2008 |
||
| Ä 9452 / 4 29 Jan 2008 |
Amendment entry | In force 29 Jan 2008 |
||
| K 40360 7 Jan 2008 |
Commercial pledge entered | In force 7 Jan 2008 |
||
| Ä 9452 / M3 13 Dec 2007 |
Ruling to eliminate deficiencies (to be served) | 15 Feb 2008 | In force 17 Dec 2007 |
|
| Ä 9452 / M2 30 Nov 2007 |
Ruling to eliminate deficiencies (to be served) | 3 Feb 2008 | In force 5 Dec 2007 |
|
| Ä 9452 / 3 2 Oct 2007 |
Amendment entry | In force 2 Oct 2007 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data