PitSer Osaühing

Active Registry code 10812696 OÜ Tallinn Registered 7 Nov 2001

PitSer Osaühing is a OÜ based in Tallinn, registry code 10812696, status: active. Main activity: Printing n.e.c., including silk-screen printing. According to EMTA, turnover for Q3 2026 was €8 642 with 1 employees.

Turnover

8 642 €

↑ 70.0% vs Q2 2026

State taxes

2 742 €

↑ 43.9% vs Q2 2026

Labour taxes

1 626 €

↑ 13.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Printing and reproduction of recorded media · EMTAK 18

Turnover · Q3 2026 8 642 €

above 30% of companies

industry median 25 368 € · companies in the industry: 333
Labour taxes per employee 1 626 €

above 50% of companies

industry median 1 633 € · companies in the industry: 245
Revenue · 2025 24 460 €

above 45% of companies

industry median 33 387 € · companies in the industry: 454
Net profit margin · 2025 -11.5 %

above 15% of companies

industry median 2.5 % · companies in the industry: 366

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 8 642 € · +70.0% vs Q2 2026 · industry median 25 368 € · above 30% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 626 € · +13.3% vs Q2 2026 · industry median 1 633 € · above 50% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 2 742 € · +43.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	8 642	2 742	1 626	1
Q2 2026	5 084	1 906	1 435	1
Q1 2026	7 827	1 924	1 078	1
Q4 2025	5 986	1 897	1 205	1
Q3 2025	5 024	1 805	1 369	1
Q2 2025	9 999	3 444	2 066	1
Q1 2025	8 770	2 886	1 703	1
Q4 2024	7 802	1 828	865	1
Q3 2024	2 960	806	700	1
Q2 2024	9 117	2 188	1 336	1
Q1 2024	11 189	3 258	2 045	2
Q4 2023	5 554	1 774	1 303	2
Q3 2023	6 692	1 505	936	2
Q2 2023	7 747	1 936	1 604	2
Q1 2023	12 652	3 278	1 956	2
Q4 2022	7 929	1 416	881	2
Q3 2022	9 653	2 700	1 861	2
Q2 2022	8 390	2 668	1 862	2
Q1 2022	9 237	2 198	1 436	2

Labour taxes per employee per month

542 €

Turnover per employee in the quarter

8 642 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 24 460 € · −27.7% vs 2024 · industry median 33 387 € · above 45% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -2 809 € · −358.7% vs 2024 · industry median 407 € · above 15% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -11.5 % · −14.7 pp vs the year before · industry median 2.5 % · above 15% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 4 448 € · −64.0% vs 2024

Equity, € 2025: 1 362 € · −67.3% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Printing and reproduction of recorded media (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	24 460	-2 809	13 869	4 448	1 362	1
2024	33 849	1 086	11 863	12 342	4 171	1
2023	31 812	478	16 001	7 938	3 085	0
2022	38 554	-2 110	18 493	10 920	2 607	2
2021	38 267	-700	16 181	11 754	4 717	2
2020	34 556	-1 142	17 032	11 399	5 417	2
2019	49 931	3 681	22 876	13 087	6 559	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	3
2014	—	—	—	—	—	3
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	3
2010	—	—	—	—	—	3
2009	—	—	—	—	—	3
2008	—	—	—	—	—	3
2007	—	—	—	—	—	3
2006	—	—	—	—	—	3
2005	—	—	—	—	—	3
2004	—	—	—	—	—	2
2003	—	—	—	—	—	2
2002	—	—	—	—	—	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

-11.5 %

Net profit / revenue

Return on equity (ROE)

-206.2 %

Net profit / equity

Return on assets (ROA)

-63.2 %

Net profit / assets

Equity ratio

30.6 %

Equity / assets

Debt ratio

69.4 %

Liabilities / assets

Current ratio

0.68

Current assets / current liabilities

Revenue per employee

24 460 €

Revenue / average full-time employees

Labour cost per employee per month

1 156 €

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	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	1 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 Jun 2020	Company’s own	e-Äriregister

Board

Ene Velling
Board member · since 7 Nov 2001
Olaf Merisalu
Board member · since 7 Nov 2001

Right of representation

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

Owners

Olaf Merisalu
Natural person · 1 917 €

75%
Ene Velling
Natural person · 639 €

25%

Beneficial owners

Ene Velling
Direct ownership · since 28 Jun 2019
Olaf Merisalu
Direct ownership · since 28 Jun 2019

Founders and other persons

Ene Velling
Founder · 10 000 € · 7 Nov 2001
Olaf Merisalu
Founder · 30 000 € · 7 Nov 2001

Activities (EMTAK)

18129Printing n.e.c., including silk-screen printing Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10061222 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10061222 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10061222 / 6 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10061222 / 5 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
Ä 10061222 / 4 10 Apr 2012	Amendment entry		In force 10 Apr 2012	PDF
Ä 10061222 / M1 12 Jan 2012	Ruling to eliminate deficiencies	5 Apr 2012	In force 12 Jan 2012	PDF
Ä 10061222 / 3 29 Mar 2011	Amendment under Commercial Code § 525 (2)		In force 29 Mar 2011	PDF
Ä 10061222 / 2 2 Jul 2010	Deletion of activities from the registry card		In force 2 Jul 2010	PDF

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