European Foods OÜ
Active Registry code 12548039
OÜ Tallinn Registered 7 Oct 2013
European Foods OÜ is a OÜ based in Tallinn, registry code 12548039, status: active. Main activity: Manufacture of other food products n.e.c.. According to EMTA, turnover for Q3 2026 was €3 707 720 with 31 employees.
Turnover
3 707 720 €
↑ 5.6% vs Q2 2026
State taxes
238 505 €
↓ 21.8% vs Q2 2026
Labour taxes
129 562 €
↑ 2.4% vs Q2 2026
Employees
31
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.7 mn €above 91% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 4 179 €above 94% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2024 6.1 mn €above 94% of companiesindustry median 20 780 € · companies in the industry: 1 118
- Net profit margin · 2024 11.2 %above 75% of companiesindustry median 2.3 % · companies in the industry: 862
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 | 3 707 720 | 238 505 | 129 562 | 31 |
| Q2 2026 | 3 511 235 | 305 163 | 126 544 | 31 |
| Q1 2026 | 3 390 500 | 352 773 | 131 552 | 31 |
| Q4 2025 | 4 079 534 | 352 217 | 143 133 | 36 |
| Q3 2025 | 2 799 036 | 207 091 | 130 727 | 34 |
| Q2 2025 | 2 896 412 | 232 645 | 126 550 | 32 |
| Q1 2025 | 2 790 938 | 245 931 | 117 695 | 29 |
| Q4 2024 | 2 685 674 | 279 897 | 94 997 | 26 |
| Q3 2024 | 2 294 350 | 185 818 | 83 885 | 21 |
| Q2 2024 | 1 823 259 | 215 310 | 87 258 | 20 |
| Q1 2024 | 1 597 928 | 205 015 | 71 690 | 21 |
| Q4 2023 | 1 864 698 | 162 118 | 63 734 | 19 |
| Q3 2023 | 1 581 182 | 130 156 | 52 079 | 20 |
| Q2 2023 | 1 049 523 | 112 776 | 41 026 | 16 |
| Q1 2023 | 830 252 | 134 353 | 38 345 | 15 |
| Q4 2022 | 1 113 422 | 99 324 | 32 619 | 11 |
| Q3 2022 | 1 141 918 | 86 685 | 29 255 | 10 |
| Q2 2022 | 795 210 | 90 050 | 28 897 | 10 |
| Q1 2022 | 787 182 | 86 146 | 25 448 | 11 |
Labour taxes per employee per month
1 393 €
Turnover per employee in the quarter
119 604 €
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 |
|---|---|---|---|---|---|---|
| 2024 | 6 128 177 | 688 090 | 957 881 | 2 716 425 | 1 680 891 | 26 |
| 2023 | 4 070 845 | 434 561 | 555 889 | 1 966 527 | 1 081 787 | 15 |
| 2022 | 2 497 069 | 32 314 | 308 824 | 1 417 732 | 734 301 | 9 |
| 2021 | 1 581 853 | 24 989 | 191 733 | 899 311 | 787 077 | 7 |
| 2020 | 1 041 399 | 195 229 | 72 076 | 457 138 | 336 965 | 3 |
| 2019 | 573 981 | 101 872 | 37 964 | 246 353 | 141 736 | 2 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 1 |
| 2014 | — | — | — | — | — | 1 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2024
Net profit margin
11.2 %
Net profit / revenue
Return on equity (ROE)
40.9 %
Net profit / equity
Return on assets (ROA)
25.3 %
Net profit / assets
Equity ratio
61.9 %
Equity / assets
Debt ratio
38.1 %
Liabilities / assets
Current ratio
3.63
Current assets / current liabilities
Revenue per employee
235 699 €
Revenue / average full-time employees
Labour cost per employee per month
3 070 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 25 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 12 Jul 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 18 Jan 2024 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Apr 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 11 May 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 28 Dec 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 3 | 80 000 € | Swedbank AS | 5 Aug 2025 – in force |
| 2 | 325 000 € | Swedbank AS | 9 Jan 2025 – in force |
| 1 | 345 225 € | Swedbank AS | 15 Mar 2024 – in force |
Board
- Kenneth KutanBoard member · since 7 Oct 2013
- Nasdaq CSD SEKeeper of the share register · since 4 Mar 2021
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: ICONICS Holding OÜLegal person · 17170077 · 2 683 €
- Omanikukonto: OÜ Ethel ConsultingLegal person · 14459908 · 77 €
- Omanikukonto: Farmwood OÜLegal person · 14398058 · 18 €
Beneficial owners
- Kenneth KutanDirect ownership · since 21 Sep 2018
Founders and other persons
- Kenneth KutanFounder · 2 500 € · 4 Oct 2013
Related companies
Activities (EMTAK)
- 10891Manufacture of other food products n.e.c. Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 10188273 / 16 5 Aug 2025 |
Commercial pledge entered | In force 5 Aug 2025 |
||
| K 10188273 / 15 9 Jan 2025 |
Commercial pledge entered | In force 9 Jan 2025 |
||
| Ä 10188273 / 14 26 Nov 2024 |
Amendment entry | In force 26 Nov 2024 |
||
| Ä 10188273 / M5 10 Jul 2024 |
Warning of a fine: annual report not filed | 9 Aug 2024 | Deficiencies eliminated 13 Jul 2024 |
|
| K 10188273 / 13 15 Mar 2024 |
Commercial pledge entered | In force 15 Mar 2024 |
||
| Ä 10188273 / M4 15 Oct 2023 |
Warning of a fine: annual report not filed | 14 Nov 2023 | Deficiencies eliminated 1 Mar 2024 |
|
| Ä 10188273 / 12 8 Apr 2021 |
Amendment entry | In force 8 Apr 2021 |
||
| Ä 10188273 / M3 7 Apr 2021 |
Ruling to eliminate deficiencies | 27 Apr 2021 | Deficiencies eliminated 8 Apr 2021 |
|
| Ä 10188273 / 11 7 Apr 2021 |
Amendment entry | In force 7 Apr 2021 |
||
| Ä 10188273 / M2 6 Apr 2021 |
Ruling to eliminate deficiencies | 20 Apr 2021 | Deficiencies eliminated 7 Apr 2021 |
|
| Ä 10188273 / 10 22 Mar 2021 |
Amendment entry | In force 22 Mar 2021 |
||
| Ä 10188273 / 9 4 Mar 2021 |
Amendment entry | In force 4 Mar 2021 |
||
| Ä 10188273 / 8 13 Oct 2020 |
Amendment entry | In force 13 Oct 2020 |
||
| Ä 10188273 / 7 26 Jun 2020 |
Amendment under Commercial Code § 525 (2) | In force 26 Jun 2020 |
||
| Ä 10188273 / 6 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 10188273 / 5 16 Jan 2018 |
Amendment under Commercial Code § 525 (2) | In force 16 Jan 2018 |
||
| Ä 10188273 / M1 21 Dec 2017 |
Ruling to eliminate deficiencies | 20 Jan 2018 | Deficiencies eliminated 16 Jan 2018 |
|
| Ä 10188273 / 4 6 Dec 2017 |
Amendment entry | In force 6 Dec 2017 |
||
| Ä 10188273 / 3 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10188273 / 2 3 Jun 2014 |
Amendment under Commercial Code § 525 (2) | In force 3 Jun 2014 |
||
| Ä 10188273 7 Oct 2013 |
First entry | In force 7 Oct 2013 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data