OÜ Pagarini
Active Registry code 11978884
OÜ Tartu linn Registered 16 Aug 2010
OÜ Pagarini is a OÜ based in Tartu linn, registry code 11978884, status: active. Main activity: Manufacture of rusks, biscuits, preserved pastries and cakes. According to EMTA, turnover for Q3 2026 was €2 372 350 with 107 employees.
Turnover
2 372 350 €
↓ 7.0% vs Q2 2026
State taxes
392 780 €
↑ 3.7% vs Q2 2026
Labour taxes
252 657 €
↑ 5.4% vs Q2 2026
Employees
107
−3 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2.4 mn €above 90% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 2 361 €above 77% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2025 7.8 mn €above 95% of companiesindustry median 18 772 € · companies in the industry: 1 075
- Net profit margin · 2025 4.8 %above 61% of companiesindustry median 2.1 % · companies in the industry: 817
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 2 372 350 | 392 780 | 252 657 | 107 |
| Q2 2026 | 2 550 648 | 378 641 | 239 785 | 110 |
| Q1 2026 | 2 231 936 | 329 024 | 206 158 | 110 |
| Q4 2025 | 2 292 708 | 315 544 | 216 168 | 105 |
| Q3 2025 | 1 730 614 | 271 097 | 207 887 | 105 |
| Q2 2025 | 2 220 135 | 291 101 | 212 543 | 102 |
| Q1 2025 | 2 218 823 | 270 130 | 196 128 | 110 |
| Q4 2024 | 2 015 508 | 265 172 | 183 533 | 104 |
| Q3 2024 | 1 873 039 | 261 699 | 184 538 | 104 |
| Q2 2024 | 2 369 104 | 291 342 | 172 558 | 102 |
| Q1 2024 | 1 748 695 | 217 801 | 152 096 | 95 |
| Q4 2023 | 1 799 480 | 176 999 | 144 335 | 89 |
| Q3 2023 | 1 525 718 | 165 957 | 126 642 | 92 |
| Q2 2023 | 1 535 603 | 193 269 | 116 530 | 79 |
| Q1 2023 | 1 318 843 | 141 400 | 105 826 | 75 |
| Q4 2022 | 1 156 457 | 123 147 | 114 152 | 66 |
| Q3 2022 | 1 535 640 | 197 049 | 125 177 | 79 |
| Q2 2022 | 1 349 529 | 149 012 | 97 342 | 79 |
| Q1 2022 | 1 016 327 | 109 725 | 95 163 | 66 |
Labour taxes per employee per month
787 €
Turnover per employee in the quarter
22 171 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 7 824 530 | 373 407 | 2 155 398 | 5 579 136 | 3 430 944 | 113 |
| 2024 | 7 570 189 | 302 069 | 2 030 394 | 5 463 984 | 3 057 537 | 105 |
| 2023 | 5 846 370 | 1 157 943 | 1 509 499 | 5 515 445 | 2 755 468 | 96 |
| 2022 | 4 712 806 | 201 393 | 1 200 613 | 5 321 378 | 1 597 525 | 78 |
| 2021 | 3 138 243 | 26 412 | 863 857 | 4 690 522 | 1 396 132 | 69 |
| 2020 | 2 886 593 | 271 529 | 796 998 | 4 140 896 | 1 405 853 | 57 |
| 2019 | 2 487 712 | 212 699 | 817 386 | 4 152 597 | 1 134 327 | 59 |
| 2018 | — | — | — | — | — | 65 |
| 2017 | — | — | — | — | — | 50 |
| 2016 | — | — | — | — | — | 32 |
| 2015 | — | — | — | — | — | 28 |
| 2014 | — | — | — | — | — | 28 |
| 2013 | — | — | — | — | — | 27 |
| 2012 | — | — | — | — | — | 72 |
| 2011 | — | — | — | — | — | 50 |
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
4.8 %
Net profit / revenue
Return on equity (ROE)
10.9 %
Net profit / equity
Return on assets (ROA)
6.7 %
Net profit / assets
Equity ratio
61.5 %
Equity / assets
Debt ratio
38.5 %
Liabilities / assets
Current ratio
0.92
Current assets / current liabilities
Revenue per employee
69 244 €
Revenue / average full-time employees
Labour cost per employee per month
1 590 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 27 Aug 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Oct 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 27 Jan 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 15 Feb 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 10 Sep 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 400 000 € | AS SEB Pank | 10 Nov 2017 – in force |
Board
- Ragnar PuhkBoard member · since 23 May 2016
- Leivo VeimannBoard member · since 6 Jun 2022
- Nasdaq CSD SEKeeper of the share register · since 28 Sep 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: RAGNAR PUHKNatural person · 2 122 €
- Omanikukonto: AS EESTI PAGARLegal person · 10080750 · 434 €
Beneficial owners
- Ragnar PuhkDirect ownership · since 15 Oct 2018
Founders and other persons
- Aleg KirsFounder · 20 000 € · 13 Aug 2010
- Väino PõllumäeFounder · 20 000 € · 13 Aug 2010
Related companies
Activities (EMTAK)
- 10721Manufacture of rusks, biscuits, preserved pastries and cakes Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20053084 / 19 24 Sep 2025 |
Amendment entry | In force 24 Sep 2025 |
||
| Ä 20053084 / 18 8 Jul 2025 |
Amendment entry | In force 8 Jul 2025 |
||
| K 20053084 / M11 26 May 2025 |
Procedural ruling | In force 26 May 2025 |
||
| K 20053084 / 17 26 May 2025 |
Commercial pledge amended | In force 26 May 2025 |
||
| Ä 20053084 / M10 9 Jul 2024 |
Warning of a fine: annual report not filed | 8 Aug 2024 | Deficiencies eliminated 24 Aug 2024 |
|
| Ä 20053084 / M9 29 Sep 2023 |
Warning of a fine: annual report not filed | 29 Oct 2023 | Deficiencies eliminated 31 Oct 2023 |
|
| Ä 20053084 / 16 6 Jun 2022 |
Amendment entry | In force 6 Jun 2022 |
||
| Ä 20053084 / M8 2 Jun 2022 |
Ruling to eliminate deficiencies | 25 Jun 2022 | Deficiencies eliminated 6 Jun 2022 |
|
| Ä 20053084 / M7 31 May 2022 |
Ruling to eliminate deficiencies | 25 Jun 2022 | Deficiencies eliminated 6 Jun 2022 |
|
| Ä 20053084 / M6 3 May 2022 |
Ruling to correct data outside an entry | 17 May 2022 | In force 3 May 2022 |
|
| Ä 20053084 / M5 17 Feb 2022 |
Procedural ruling | 3 Mar 2022 | In force 17 Feb 2022 |
|
| Ä 20053084 / M4 11 Sep 2019 |
Procedural ruling | 21 Sep 2019 | Deficiencies eliminated 17 Sep 2019 |
|
| Ä 20053084 / 15 3 Sep 2018 |
Amendment under Commercial Code § 525 (2) | In force 3 Sep 2018 |
||
| Ä 20053084 / 14 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20053084 / 13 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20053084 / 12 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| K 20053084 / 11 10 Nov 2017 |
Commercial pledge entered | In force 10 Nov 2017 |
||
| Ä 20053084 / 10 25 Oct 2017 |
Amendment entry | In force 25 Oct 2017 |
||
| Ä 20053084 / M3 23 Oct 2017 |
Ruling to eliminate deficiencies | 12 Nov 2017 | Deficiencies eliminated 25 Oct 2017 |
|
| Ä 20053084 / 9 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20053084 / 8 6 Oct 2016 |
Amendment entry | In force 6 Oct 2016 |
||
| Ä 20053084 / M2 30 Sep 2016 |
Ruling to eliminate deficiencies | 30 Oct 2016 | Deficiencies eliminated 6 Oct 2016 |
|
| Ä 20053084 / 7 31 May 2016 |
Amendment entry | In force 31 May 2016 |
||
| Ä 20053084 / 6 23 May 2016 |
Amendment entry | In force 23 May 2016 |
||
| Ä 20053084 / M1 20 May 2016 |
Ruling to eliminate deficiencies | 30 May 2016 | Deficiencies eliminated 23 May 2016 |
|
| Ä 20053084 / 5 20 Feb 2016 |
Amendment entry | In force 20 Feb 2016 |
||
| Ä 20053084 / 4 6 Mar 2013 |
Amendment entry | In force 6 Mar 2013 |
||
| Ä 20053084 / 3 14 Dec 2011 |
Amendment entry | In force 14 Dec 2011 |
||
| Ä 20053084 / 2 31 Aug 2010 |
Amendment under Commercial Code § 525 (2) | In force 31 Aug 2010 |
||
| Ä 20053084 16 Aug 2010 |
First entry | In force 16 Aug 2010 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data