First Pharma OÜ

Active Registry code 11941125 OÜ Tallinn Registered 14 May 2010
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First Pharma OÜ is a OÜ based in Tallinn, registry code 11941125, status: active. Main activity: Wholesale of medicines and other pharmacy goods. According to EMTA, turnover for Q3 2026 was €1 467 696 with 7 employees.

Turnover
1 467 696 €
↓ 34.6% vs Q2 2026
State taxes
38 892 €
↓ 15.5% vs Q2 2026
Labour taxes
54 062 €
↑ 10.4% vs Q2 2026
Employees
7
−2 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 1.5 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 7 723 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2025 4.8 mn €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 3.1 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 467 696 € · −34.6% vs Q2 2026 · industry median 60 065 € · above 90% of the industry
01 0002 0003 000Q4 2023 Company: 2 414 290 € Industry median: 69 842 €Q4·23Q1 2024 Company: 2 364 797 € Industry median: 60 423 €Q2 2024 Company: 2 568 847 € Industry median: 66 207 €Q2·24Q3 2024 Company: 1 811 860 € Industry median: 63 101 €Q4 2024 Company: 1 949 931 € Industry median: 65 867 €Q4·24Q1 2025 Company: 1 932 964 € Industry median: 59 713 €Q2 2025 Company: 1 863 661 € Industry median: 61 800 €Q2·25Q3 2025 Company: 2 103 073 € Industry median: 59 911 €Q4 2025 Company: 2 033 049 € Industry median: 59 583 €Q4·25Q1 2026 Company: 2 210 394 € Industry median: 53 954 €Q2 2026 Company: 2 243 851 € Industry median: 61 600 €Q2·26Q3 2026 Company: 1 467 696 € Industry median: 60 065 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 949 931 € Industry median: 65 867 €Q1 2025 Company: 1 932 964 € Industry median: 59 713 €Q1·25Q2 2025 Company: 1 863 661 € Industry median: 61 800 €Q3 2025 Company: 2 103 073 € Industry median: 59 911 €Q3·25Q4 2025 Company: 2 033 049 € Industry median: 59 583 €Q1 2026 Company: 2 210 394 € Industry median: 53 954 €Q1·26Q2 2026 Company: 2 243 851 € Industry median: 61 600 €Q3 2026 Company: 1 467 696 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 7 723 € · +42.0% vs Q2 2026 · industry median 2 104 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 4 819 € Industry median: 1 903 €Q4·23Q1 2024 Company: 5 676 € Industry median: 1 948 €Q2 2024 Company: 7 927 € Industry median: 1 960 €Q2·24Q3 2024 Company: 6 867 € Industry median: 2 029 €Q4 2024 Company: 7 131 € Industry median: 2 008 €Q4·24Q1 2025 Company: 7 698 € Industry median: 2 079 €Q2 2025 Company: 6 884 € Industry median: 2 091 €Q2·25Q3 2025 Company: 7 245 € Industry median: 2 158 €Q4 2025 Company: 5 732 € Industry median: 2 169 €Q4·25Q1 2026 Company: 5 432 € Industry median: 2 089 €Q2 2026 Company: 5 439 € Industry median: 2 068 €Q2·26Q3 2026 Company: 7 723 € Industry median: 2 104 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 7 131 € Industry median: 2 008 €Q1 2025 Company: 7 698 € Industry median: 2 079 €Q1·25Q2 2025 Company: 6 884 € Industry median: 2 091 €Q3 2025 Company: 7 245 € Industry median: 2 158 €Q3·25Q4 2025 Company: 5 732 € Industry median: 2 169 €Q1 2026 Company: 5 432 € Industry median: 2 089 €Q1·26Q2 2026 Company: 5 439 € Industry median: 2 068 €Q3 2026 Company: 7 723 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 7 · −22.2% vs Q2 2026
0246810Q4 2023 Company: 7Q4·23Q1 2024 Company: 7Q2 2024 Company: 6Q2·24Q3 2024 Company: 7Q4 2024 Company: 7Q4·24Q1 2025 Company: 7Q2 2025 Company: 8Q2·25Q3 2025 Company: 7Q4 2025 Company: 8Q4·25Q1 2026 Company: 9Q2 2026 Company: 9Q2·26Q3 2026 Company: 7Q3·260246810Q4 2024 Company: 7Q1 2025 Company: 7Q1·25Q2 2025 Company: 8Q3 2025 Company: 7Q3·25Q4 2025 Company: 8Q1 2026 Company: 9Q1·26Q2 2026 Company: 9Q3 2026 Company: 7Q3·26
State taxes, € Q3 2026: 38 892 € · −15.5% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 42 558 €Q4·23Q1 2024 Company: 47 705 €Q2 2024 Company: 60 533 €Q2·24Q3 2024 Company: 42 006 €Q4 2024 Company: 46 466 €Q4·24Q1 2025 Company: 55 967 €Q2 2025 Company: 41 359 €Q2·25Q3 2025 Company: 42 585 €Q4 2025 Company: 12 197 €Q4·25Q1 2026 Company: 42 017 €Q2 2026 Company: 46 003 €Q2·26Q3 2026 Company: 38 892 €Q3·26020 00040 00060 000Q4 2024 Company: 46 466 €Q1 2025 Company: 55 967 €Q1·25Q2 2025 Company: 41 359 €Q3 2025 Company: 42 585 €Q3·25Q4 2025 Company: 12 197 €Q1 2026 Company: 42 017 €Q1·26Q2 2026 Company: 46 003 €Q3 2026 Company: 38 892 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 467 696 38 892 54 062 7
Q2 2026 2 243 851 46 003 48 953 9
Q1 2026 2 210 394 42 017 48 886 9
Q4 2025 2 033 049 12 197 45 852 8
Q3 2025 2 103 073 42 585 50 718 7
Q2 2025 1 863 661 41 359 55 070 8
Q1 2025 1 932 964 55 967 53 887 7
Q4 2024 1 949 931 46 466 49 916 7
Q3 2024 1 811 860 42 006 48 068 7
Q2 2024 2 568 847 60 533 47 559 6
Q1 2024 2 364 797 47 705 39 729 7
Q4 2023 2 414 290 42 558 33 731 7
Q3 2023 2 527 515 7 617 31 791 7
Q2 2023 1 685 829 20 541 27 535 7
Q1 2023 1 838 289 27 372 30 872 7
Q4 2022 2 334 514 276 27 963 7
Q3 2022 2 311 849 23 121 32 660 7
Q2 2022 2 161 858 42 369 31 508 7
Q1 2022 1 745 032 7 933 28 524 7
Labour taxes per employee per month
2 574 €
Turnover per employee in the quarter
209 671 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 4 840 393 € · −13.7% vs 2024 · industry median 63 691 € · above 94% of the industry
02 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 107 916 € Industry median: 78 948 €20192020 Company: 4 595 381 € Industry median: 67 913 €20202021 Company: 4 130 617 € Industry median: 71 656 €20212022 Company: 5 138 231 € Industry median: 75 397 €20222023 Company: 5 240 425 € Industry median: 63 715 €20232024 Company: 5 609 729 € Industry median: 60 216 €20242025 Company: 4 840 393 € Industry median: 63 691 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: 3 107 916 € Industry median: 78 948 €20192020 Company: 4 595 381 € Industry median: 67 913 €2021 Company: 4 130 617 € Industry median: 71 656 €20212022 Company: 5 138 231 € Industry median: 75 397 €2023 Company: 5 240 425 € Industry median: 63 715 €20232024 Company: 5 609 729 € Industry median: 60 216 €2025 Company: 4 840 393 € Industry median: 63 691 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 148 763 € · −34.2% vs 2024 · industry median 127 € · above 91% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29 848 € Industry median: 1 086 €20192020 Company: 147 290 € Industry median: 906 €20202021 Company: 112 941 € Industry median: 1 415 €20212022 Company: 177 850 € Industry median: 889 €20222023 Company: 253 201 € Industry median: 370 €20232024 Company: 226 227 € Industry median: 134 €20242025 Company: 148 763 € Industry median: 127 €202501002003002018 Company: — Industry median: —2019 Company: 29 848 € Industry median: 1 086 €20192020 Company: 147 290 € Industry median: 906 €2021 Company: 112 941 € Industry median: 1 415 €20212022 Company: 177 850 € Industry median: 889 €2023 Company: 253 201 € Industry median: 370 €20232024 Company: 226 227 € Industry median: 134 €2025 Company: 148 763 € Industry median: 127 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.1 % · −1.0 pp vs the year before · industry median 2.7 % · above 52% of the industry
0123452016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.0 % Industry median: 3.7 %20192020 Company: 3.2 % Industry median: 4.2 %20202021 Company: 2.7 % Industry median: 4.9 %20212022 Company: 3.5 % Industry median: 4.2 %20222023 Company: 4.8 % Industry median: 3.5 %20232024 Company: 4.0 % Industry median: 2.9 %20242025 Company: 3.1 % Industry median: 2.7 %20250123452018 Company: — Industry median: —2019 Company: 1.0 % Industry median: 3.7 %20192020 Company: 3.2 % Industry median: 4.2 %2021 Company: 2.7 % Industry median: 4.9 %20212022 Company: 3.5 % Industry median: 4.2 %2023 Company: 4.8 % Industry median: 3.5 %20232024 Company: 4.0 % Industry median: 2.9 %2025 Company: 3.1 % Industry median: 2.7 %2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 957 568 € · +12.2% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 464 818 €20192020 Company: 627 317 €20202021 Company: 707 779 €20212022 Company: 834 724 €20222023 Company: 914 992 €20232024 Company: 853 586 €20242025 Company: 957 568 €202502004006008001 0002018 Company: —2019 Company: 464 818 €20192020 Company: 627 317 €2021 Company: 707 779 €20212022 Company: 834 724 €2023 Company: 914 992 €20232024 Company: 853 586 €2025 Company: 957 568 €2025
Equity, € thousand 2025: 226 253 € · −1.4% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 104 765 €20192020 Company: 157 869 €20202021 Company: 147 378 €20212022 Company: 180 698 €20222023 Company: 256 049 €20232024 Company: 229 490 €20242025 Company: 226 253 €202501002003002018 Company: —2019 Company: 104 765 €20192020 Company: 157 869 €2021 Company: 147 378 €20212022 Company: 180 698 €2023 Company: 256 049 €20232024 Company: 229 490 €2025 Company: 226 253 €2025
Employees 2025: 9 · +0.0% vs 2024 · industry median 2 · above 87% of the industry
02468102016 Company: 4 Industry median: —20162017 Company: 4 Industry median: —20172018 Company: 5 Industry median: 220182019 Company: 5 Industry median: 220192020 Company: 6 Industry median: 220202021 Company: 7 Industry median: 220212022 Company: 7 Industry median: 220222023 Company: 7 Industry median: 220232024 Company: 9 Industry median: 220242025 Company: 9 Industry median: 2202502468102018 Company: 5 Industry median: 22019 Company: 5 Industry median: 220192020 Company: 6 Industry median: 22021 Company: 7 Industry median: 220212022 Company: 7 Industry median: 22023 Company: 7 Industry median: 220232024 Company: 9 Industry median: 22025 Company: 9 Industry median: 22025
  • Company
  • Industry median

Industry: Wholesale trade (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 4 840 393 148 763 458 549 957 568 226 253 9
2024 5 609 729 226 227 448 498 853 586 229 490 9
2023 5 240 425 253 201 290 771 914 992 256 049 7
2022 5 138 231 177 850 270 007 834 724 180 698 7
2021 4 130 617 112 941 244 987 707 779 147 378 7
2020 4 595 381 147 290 265 198 627 317 157 869 6
2019 3 107 916 29 848 174 914 464 818 104 765 5
2018 — — — — — 5
2017 — — — — — 4
2016 — — — — — 4
2015 — — — — — 4
2014 — — — — — 4
2013 — — — — — 4
2012 — — — — — 3
2011 — — — — — 3
2010 — — — — — 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
3.1 %
Net profit / revenue
Return on equity (ROE)
65.8 %
Net profit / equity
Return on assets (ROA)
15.5 %
Net profit / assets
Equity ratio
23.6 %
Equity / assets
Debt ratio
76.4 %
Liabilities / assets
Current ratio
1.29
Current assets / current liabilities
Revenue per employee
541 762 €
Revenue / average full-time employees
Labour cost per employee per month
4 246 €
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 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Apr 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 17 Aug 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 30 Jun 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
5 32 500 € Swedbank AS 14 Jan 2026 – in force
4 45 500 € Swedbank AS 16 Jan 2023 – in force
3 26 000 € Swedbank AS 28 Jan 2021 – in force
2 27 300 € Swedbank AS 13 Jul 2016 – in force
1 161 200 € Swedbank AS 7 Mar 2012 – in force

Board

  • Ain Kaljurand
    Board member · since 2 Feb 2015
  • Lauri Leemet
    Board member · since 2 Feb 2015
  • Nasdaq CSD SE
    Keeper of the share register · since 27 Sep 2017

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46461Wholesale of medicines and other pharmacy goods Main

Rulings 25

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10143899 / 20
18 Feb 2026
 Amendment under Code of Civil Procedure § 595¹ (1) In force
18 Feb 2026
 PDF
K 10143899 / 19
14 Jan 2026
 Commercial pledge entered In force
14 Jan 2026
 PDF
K 10143899 / M4
16 Jan 2023
 Ruling to eliminate deficiencies 30 Jan 2023 Deficiencies eliminated
16 Jan 2023
 PDF
K 10143899 / 18
16 Jan 2023
 Commercial pledge entered In force
16 Jan 2023
 PDF
K 10143899 / 17
28 Jan 2021
 Commercial pledge entered In force
28 Jan 2021
 PDF
K 10143899 / M3
27 Jan 2021
 Ruling to eliminate deficiencies 26 Feb 2021 Deficiencies eliminated
27 Jan 2021
 PDF
Ä 10143899 / 16
13 Oct 2020
 Amendment entry In force
13 Oct 2020
 PDF
Ä 10143899 / 15
29 Sep 2020
 Amendment under Commercial Code § 525 (2) In force
29 Sep 2020
 PDF
Ä 10143899 / 14
11 Aug 2020
 Amendment under Commercial Code § 525 (2) In force
11 Aug 2020
 PDF
Ä 10143899 / 13
13 Jun 2018
 Amendment under Commercial Code § 525 (2) In force
13 Jun 2018
 PDF
Ä 10143899 / 12
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 10143899 / 11
27 Sep 2017
 Amendment entry In force
27 Sep 2017
 PDF
Ä 10143899 / 10
25 Apr 2017
 Amendment entry In force
25 Apr 2017
 PDF
Ä 10143899 / M2
18 Apr 2017
 Ruling to eliminate deficiencies 3 May 2017 Deficiencies eliminated
25 Apr 2017
 PDF
K 10143899 / 9
13 Jul 2016
 Commercial pledge entered In force
13 Jul 2016
 PDF
K 10143899 / 8
20 Jul 2015
 Commercial pledge amended In force
20 Jul 2015
 PDF
Ä 10143899 / 7
30 Jun 2015
 Amendment entry In force
30 Jun 2015
 PDF
Ä 10143899 / 6
2 Feb 2015
 Amendment entry In force
2 Feb 2015
 PDF
Ä 10143899 / M1
13 Jan 2015
 Ruling to eliminate deficiencies 2 Feb 2015 Deficiencies eliminated
2 Feb 2015
 PDF
Ä 10143899 / 5
3 Sep 2013
 Amendment entry In force
3 Sep 2013
 PDF
Ä 10143899 / 4
22 Nov 2012
 Note on registration of shares in the Estonian central register of securities In force
22 Nov 2012
 PDF
Ä 10143899 / 3
15 Jun 2012
 Amendment entry In force
15 Jun 2012
 PDF
K 10166415
7 Mar 2012
 Commercial pledge entered In force
7 Mar 2012
 PDF
Ä 10143899 / 2
31 Jan 2012
 Amendment entry In force
31 Jan 2012
 PDF
Ä 10143899
14 May 2010
 First entry In force
14 May 2010
 PDF

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