Aktsiaselts Pihlaka

Active Registry code 10339030 AS Rakvere linn Registered 30 Dec 1997
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Aktsiaselts Pihlaka is a AS based in Rakvere linn, registry code 10339030, 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 €1 233 379 with 112 employees.

Turnover
1 233 379 €
↓ 25.6% vs Q2 2026
State taxes
346 095 €
↓ 3.0% vs Q2 2026
Labour taxes
217 405 €
↑ 7.1% vs Q2 2026
Employees
112
−9 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 1.2 mn €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 1 941 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 5.4 mn €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 3.6 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 233 379 € · −25.6% vs Q2 2026 · industry median 45 078 € · above 86% of the industry
05001 0001 5002 000Q4 2023 Company: 1 426 505 € Industry median: 54 156 €Q4·23Q1 2024 Company: 1 497 429 € Industry median: 49 728 €Q2 2024 Company: 1 450 592 € Industry median: 55 467 €Q2·24Q3 2024 Company: 1 259 260 € Industry median: 52 453 €Q4 2024 Company: 1 357 696 € Industry median: 55 699 €Q4·24Q1 2025 Company: 1 443 702 € Industry median: 45 267 €Q2 2025 Company: 1 455 783 € Industry median: 45 781 €Q2·25Q3 2025 Company: 1 294 848 € Industry median: 42 511 €Q4 2025 Company: 1 365 352 € Industry median: 43 779 €Q4·25Q1 2026 Company: 1 381 556 € Industry median: 42 208 €Q2 2026 Company: 1 657 714 € Industry median: 43 291 €Q2·26Q3 2026 Company: 1 233 379 € Industry median: 45 078 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 357 696 € Industry median: 55 699 €Q1 2025 Company: 1 443 702 € Industry median: 45 267 €Q1·25Q2 2025 Company: 1 455 783 € Industry median: 45 781 €Q3 2025 Company: 1 294 848 € Industry median: 42 511 €Q3·25Q4 2025 Company: 1 365 352 € Industry median: 43 779 €Q1 2026 Company: 1 381 556 € Industry median: 42 208 €Q1·26Q2 2026 Company: 1 657 714 € Industry median: 43 291 €Q3 2026 Company: 1 233 379 € 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: 1 941 € · +15.7% vs Q2 2026 · industry median 1 325 € · above 68% of the industry
05001 0001 5002 000Q4 2023 Company: 1 494 € Industry median: 1 130 €Q4·23Q1 2024 Company: 1 733 € Industry median: 1 255 €Q2 2024 Company: 1 630 € Industry median: 1 151 €Q2·24Q3 2024 Company: 1 687 € Industry median: 1 235 €Q4 2024 Company: 1 639 € Industry median: 1 242 €Q4·24Q1 2025 Company: 1 935 € Industry median: 1 334 €Q2 2025 Company: 1 705 € Industry median: 1 237 €Q2·25Q3 2025 Company: 1 997 € Industry median: 1 349 €Q4 2025 Company: 1 918 € Industry median: 1 355 €Q4·25Q1 2026 Company: 1 929 € Industry median: 1 278 €Q2 2026 Company: 1 677 € Industry median: 1 307 €Q2·26Q3 2026 Company: 1 941 € Industry median: 1 325 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 639 € Industry median: 1 242 €Q1 2025 Company: 1 935 € Industry median: 1 334 €Q1·25Q2 2025 Company: 1 705 € Industry median: 1 237 €Q3 2025 Company: 1 997 € Industry median: 1 349 €Q3·25Q4 2025 Company: 1 918 € Industry median: 1 355 €Q1 2026 Company: 1 929 € Industry median: 1 278 €Q1·26Q2 2026 Company: 1 677 € Industry median: 1 307 €Q3 2026 Company: 1 941 € 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: 112 · −7.4% vs Q2 2026
050100150Q4 2023 Company: 135Q4·23Q1 2024 Company: 134Q2 2024 Company: 132Q2·24Q3 2024 Company: 130Q4 2024 Company: 125Q4·24Q1 2025 Company: 126Q2 2025 Company: 130Q2·25Q3 2025 Company: 120Q4 2025 Company: 117Q4·25Q1 2026 Company: 112Q2 2026 Company: 121Q2·26Q3 2026 Company: 112Q3·26050100150Q4 2024 Company: 125Q1 2025 Company: 126Q1·25Q2 2025 Company: 130Q3 2025 Company: 120Q3·25Q4 2025 Company: 117Q1 2026 Company: 112Q1·26Q2 2026 Company: 121Q3 2026 Company: 112Q3·26
State taxes, € thousand Q3 2026: 346 095 € · −3.0% vs Q2 2026
0100200300400500Q4 2023 Company: 326 588 €Q4·23Q1 2024 Company: 383 289 €Q2 2024 Company: 364 919 €Q2·24Q3 2024 Company: 415 170 €Q4 2024 Company: 333 837 €Q4·24Q1 2025 Company: 384 675 €Q2 2025 Company: 365 314 €Q2·25Q3 2025 Company: 392 441 €Q4 2025 Company: 357 264 €Q4·25Q1 2026 Company: 360 220 €Q2 2026 Company: 356 917 €Q2·26Q3 2026 Company: 346 095 €Q3·260100200300400Q4 2024 Company: 333 837 €Q1 2025 Company: 384 675 €Q1·25Q2 2025 Company: 365 314 €Q3 2025 Company: 392 441 €Q3·25Q4 2025 Company: 357 264 €Q1 2026 Company: 360 220 €Q1·26Q2 2026 Company: 356 917 €Q3 2026 Company: 346 095 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 233 379 346 095 217 405 112
Q2 2026 1 657 714 356 917 202 925 121
Q1 2026 1 381 556 360 220 216 073 112
Q4 2025 1 365 352 357 264 224 392 117
Q3 2025 1 294 848 392 441 239 641 120
Q2 2025 1 455 783 365 314 221 709 130
Q1 2025 1 443 702 384 675 243 862 126
Q4 2024 1 357 696 333 837 204 896 125
Q3 2024 1 259 260 415 170 219 352 130
Q2 2024 1 450 592 364 919 215 140 132
Q1 2024 1 497 429 383 289 232 219 134
Q4 2023 1 426 505 326 588 201 671 135
Q3 2023 1 273 496 347 690 212 987 134
Q2 2023 1 428 062 322 077 199 523 135
Q1 2023 1 450 055 336 618 208 379 134
Q4 2022 1 350 158 292 827 191 332 130
Q3 2022 1 176 504 339 555 198 090 129
Q2 2022 1 244 191 267 472 167 740 130
Q1 2022 1 142 956 297 228 193 703 120
Labour taxes per employee per month
647 €
Turnover per employee in the quarter
11 012 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 5 404 047 € · −1.8% vs 2024 · industry median 18 772 € · above 93% of the industry
02 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 637 832 € Industry median: 30 835 €20192020 Company: 3 996 021 € Industry median: 25 856 €20202021 Company: 4 169 644 € Industry median: 27 831 €20212022 Company: 4 961 539 € Industry median: 27 183 €20222023 Company: 5 540 827 € Industry median: 25 465 €20232024 Company: 5 505 125 € Industry median: 20 780 €20242025 Company: 5 404 047 € Industry median: 18 772 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 4 637 832 € Industry median: 30 835 €20192020 Company: 3 996 021 € Industry median: 25 856 €2021 Company: 4 169 644 € Industry median: 27 831 €20212022 Company: 4 961 539 € Industry median: 27 183 €2023 Company: 5 540 827 € Industry median: 25 465 €20232024 Company: 5 505 125 € Industry median: 20 780 €2025 Company: 5 404 047 € 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: 196 821 € · −59.9% vs 2024 · industry median 37 € · above 92% of the industry
-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 546 068 € Industry median: 589 €20192020 Company: 272 892 € Industry median: 313 €20202021 Company: 350 392 € Industry median: 539 €20212022 Company: -74 619 € Industry median: 195 €20222023 Company: 456 863 € Industry median: 144 €20232024 Company: 491 001 € Industry median: 84 €20242025 Company: 196 821 € Industry median: 37 €2025-20002004006002018 Company: — Industry median: —2019 Company: 546 068 € Industry median: 589 €20192020 Company: 272 892 € Industry median: 313 €2021 Company: 350 392 € Industry median: 539 €20212022 Company: -74 619 € Industry median: 195 €2023 Company: 456 863 € Industry median: 144 €20232024 Company: 491 001 € Industry median: 84 €2025 Company: 196 821 € 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: 3.6 % · −5.3 pp vs the year before · industry median 2.1 % · above 57% of the industry
-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11.8 % Industry median: 3.6 %20192020 Company: 6.8 % Industry median: 3.3 %20202021 Company: 8.4 % Industry median: 3.8 %20212022 Company: -1.5 % Industry median: 2.8 %20222023 Company: 8.2 % Industry median: 2.8 %20232024 Company: 8.9 % Industry median: 2.3 %20242025 Company: 3.6 % Industry median: 2.1 %2025-50510152018 Company: — Industry median: —2019 Company: 11.8 % Industry median: 3.6 %20192020 Company: 6.8 % Industry median: 3.3 %2021 Company: 8.4 % Industry median: 3.8 %20212022 Company: -1.5 % Industry median: 2.8 %2023 Company: 8.2 % Industry median: 2.8 %20232024 Company: 8.9 % Industry median: 2.3 %2025 Company: 3.6 % 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: 6 422 973 € · +0.9% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 714 506 €20192020 Company: 5 853 197 €20202021 Company: 6 172 711 €20212022 Company: 5 896 642 €20222023 Company: 6 210 320 €20232024 Company: 6 362 638 €20242025 Company: 6 422 973 €202502 0004 0006 0008 0002018 Company: —2019 Company: 5 714 506 €20192020 Company: 5 853 197 €2021 Company: 6 172 711 €20212022 Company: 5 896 642 €2023 Company: 6 210 320 €20232024 Company: 6 362 638 €2025 Company: 6 422 973 €2025
Equity, € thousand 2025: 5 871 205 € · +1.2% vs 2024
02 0004 0006 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 5 287 855 €20192020 Company: 5 470 747 €20202021 Company: 5 731 139 €20212022 Company: 5 356 521 €20222023 Company: 5 663 384 €20232024 Company: 5 804 384 €20242025 Company: 5 871 205 €202502 0004 0006 0002018 Company: —2019 Company: 5 287 855 €20192020 Company: 5 470 747 €2021 Company: 5 731 139 €20212022 Company: 5 356 521 €2023 Company: 5 663 384 €20232024 Company: 5 804 384 €2025 Company: 5 871 205 €2025
Employees 2025: 114 · −5.8% vs 2024 · industry median 3 · above 98% of the industry
0501001502016 Company: 120 Industry median: —20162017 Company: 125 Industry median: —20172018 Company: 126 Industry median: 420182019 Company: 122 Industry median: 420192020 Company: 119 Industry median: 420202021 Company: 118 Industry median: 320212022 Company: 119 Industry median: 320222023 Company: 120 Industry median: 320232024 Company: 121 Industry median: 320242025 Company: 114 Industry median: 320250501001502018 Company: 126 Industry median: 42019 Company: 122 Industry median: 420192020 Company: 119 Industry median: 42021 Company: 118 Industry median: 320212022 Company: 119 Industry median: 32023 Company: 120 Industry median: 320232024 Company: 121 Industry median: 32025 Company: 114 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 5 404 047 196 821 2 428 948 6 422 973 5 871 205 114
2024 5 505 125 491 001 2 409 772 6 362 638 5 804 384 121
2023 5 540 827 456 863 2 347 236 6 210 320 5 663 384 120
2022 4 961 539 -74 619 2 121 675 5 896 642 5 356 521 119
2021 4 169 644 350 392 1 841 348 6 172 711 5 731 139 118
2020 3 996 021 272 892 1 821 767 5 853 197 5 470 747 119
2019 4 637 832 546 068 1 968 338 5 714 506 5 287 855 122
2018 — — — — — 126
2017 — — — — — 125
2016 — — — — — 120
2015 — — — — — 116
2014 — — — — — 114
2013 — — — — — 116
2012 — — — — — 119
2011 — — — — — 122
2010 — — — — — 121
2009 — — — — — 0
2008 — — — — — 126
2007 — — — — — 122
2006 — — — — — 115
2005 — — — — — 113
2004 — — — — — 120
2003 — — — — — 121
2002 — — — — — 112
2001 — — — — — 105
2000 — — — — — 97
1999 — — — — — 81
1998 — — — — — 74
1997 — — — — — 57

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
3.6 %
Net profit / revenue
Return on equity (ROE)
3.4 %
Net profit / equity
Return on assets (ROA)
3.1 %
Net profit / assets
Equity ratio
91.4 %
Equity / assets
Debt ratio
8.6 %
Liabilities / assets
Current ratio
10.32
Current assets / current liabilities
Revenue per employee
47 404 €
Revenue / average full-time employees
Labour cost per employee per month
1 776 €
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 16 Apr 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 14 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 13 May 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 18 May 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 31 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 May 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 18 May 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 300 000 EEK Aktsiaselts Eesti Ühispank 29 Aug 2000 – in force
1 700 000 EEK Aktsiaselts EESTI ÜHISPANK 30 Dec 1997 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Arvo Saul
    Board member · since 30 Dec 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

  • Arvo Saul
    Direct ownership · since 19 Oct 2018

Founders and other persons

Activities (EMTAK)

  • 10711Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes Main
  • 10851Manufacture of prepared meals and dishes
  • 47271Retail sale of other food
Rulings
Number, date Title Deadline State Document
Ä 40004907 / 11
9 Oct 2026
Amendment entry In force
9 Oct 2026
PDF
Ä 40004907 / 10
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 40004907 / 9
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 40004907 / 8
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 40004907 / 7
4 Feb 2012
Amendment entry In force
4 Feb 2012
PDF
Ä 40004907 / M7
3 Jan 2012
Ruling to eliminate deficiencies 22 Jun 2012 In force
3 Jan 2012
PDF
Ä 4907 / 6
3 Dec 2008
Deletion of activities from the registry card In force
9 Dec 2008
PDF
Ä 4907 / M6
25 Aug 2008
Warning of a fine: deficiencies in the annual report 23 Nov 2008 Deficiencies eliminated
17 Sep 2008
PDF
Ä 4907 / 5
22 Apr 2004
Amendment entry In force PDF
Ä 4907 / M5
5 Apr 2004
Ruling to eliminate deficiencies (to be served) 20 Jun 2004 In force PDF
Ä 4907 / 4
27 Sep 2002
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