Punch Club OÜ

Active Registry code 14021862 OÜ Tallinn Registered 29 Mar 2016

Punch Club OÜ is a OÜ based in Tallinn, registry code 14021862, status: active. Main activity: Distilling, rectifying and blending of spirits. According to EMTA, turnover for Q3 2026 was €2 186 541 with 30 employees.

Turnover

2 186 541 €

↑ 18.2% vs Q2 2026

State taxes

62 719 €

↑ 149.9% vs Q2 2026

Labour taxes

118 594 €

↑ 26.8% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of beverages · EMTAK 11

Turnover · Q3 2026 2.2 mn €

above 98% of companies

industry median 19 941 € · companies in the industry: 125
Labour taxes per employee 3 953 €

above 81% of companies

industry median 1 841 € · companies in the industry: 74
Revenue · 2025 3.6 mn €

above 98% of companies

industry median 31 090 € · companies in the industry: 148
Net profit margin · 2025 2.6 %

above 60% of companies

industry median 1.1 % · companies in the industry: 115

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 186 541 € · +18.2% vs Q2 2026 · industry median 19 941 € · above 98% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 3 953 € · +26.8% vs Q2 2026 · industry median 1 841 € · above 81% of the industry

Company
Industry median

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

Employees Q3 2026: 30 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 62 719 € · +149.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 186 541	62 719	118 594	30
Q2 2026	1 849 617	25 101	93 538	30
Q1 2026	725 884	51 671	76 158	27
Q4 2025	832 351	40 074	62 978	23
Q3 2025	1 874 883	55 631	85 852	22
Q2 2025	1 186 505	2 725	65 205	25
Q1 2025	503 462	61 098	56 417	18
Q4 2024	633 092	62 463	56 477	16
Q3 2024	1 422 251	46 117	64 486	16
Q2 2024	921 823	50 069	57 316	19
Q1 2024	345 118	70 252	50 804	17
Q4 2023	614 002	17 462	51 687	18
Q3 2023	819 304	69 805	49 972	16
Q2 2023	503 367	40 663	45 650	16
Q1 2023	365 266	32 965	41 660	17
Q4 2022	335 649	7 714	39 640	15
Q3 2022	803 954	64 357	46 328	15
Q2 2022	399 263	25 706	20 734	15
Q1 2022	174 410	16 975	18 494	8

Labour taxes per employee per month

1 318 €

Turnover per employee in the quarter

72 885 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 3 612 592 € · +31.7% vs 2024 · industry median 31 090 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 93 160 € · +880.3% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

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

Net profit margin, % 2025: 2.6 % · +2.2 pp vs the year before · industry median 1.1 % · above 60% of the industry

Company
Industry median

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

Assets, € thousand 2025: 3 969 608 € · +53.1% vs 2024

Equity, € thousand 2025: 1 385 275 € · +21.3% vs 2024

Employees 2025: 21 · +16.7% vs 2024 · industry median 3 · above 90% of the industry

Company
Industry median

Industry: Manufacture of beverages (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	3 612 592	93 160	—	3 969 608	1 385 275	21
2024	2 742 707	9 503	492 075	2 592 346	1 142 115	18
2023	1 912 510	-161 800	400 570	2 221 331	1 132 612	18
2022	1 347 380	-59 183	320 339	2 347 155	1 324 404	13
2021	1 001 444	178 955	152 384	1 158 525	691 564	8
2020	605 452	7 378	106 835	807 847	512 609	6
2019	305 000	25 307	63 488	356 527	65 826	6
2018	—	—	—	—	—	2
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0

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

2.6 %

Net profit / revenue

Return on equity (ROE)

6.7 %

Net profit / equity

Return on assets (ROA)

2.3 %

Net profit / assets

Equity ratio

34.9 %

Equity / assets

Debt ratio

65.1 %

Liabilities / assets

Current ratio

1.06

Current assets / current liabilities

Revenue per employee

172 028 €

Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	10 Jul 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	25 Sep 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	20 Nov 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	26 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	14 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	26 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	21 Apr 2021	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	953 541 €	AS LHV Pank	14 Oct 2026 – in force
2	77 060 €	AS LHV Pank	15 Feb 2024 – in force
1	569 400 €	AS LHV Pank	20 Sep 2022 – in force

Board

Kristjan-Walter Kask
Board member · since 29 Mar 2016
Joosep Raudsepp
Board member · since 25 Sep 2019
Nasdaq CSD SE
Keeper of the share register · since 22 Jul 2020

Right of representation

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

Owners

Omanikukonto: Kristjan-Walter Kask
Natural person · 1 253 €

43.25%
Omanikukonto: Usaldusfond Spring Capital Growth Fund 1
Legal person · 14538401 · 553 €

19.09%
Omanikukonto: Alphacore OÜ
Legal person · 16256724 · 250 €

8.63%
Esindajakonto: VENTUREBEAM MARKETS AS
Legal person · 12917885 · 206 €

7.12%
Omanikukonto: Punch Club OÜ
Legal person · 14021862 · 192 €

6.64%
Omanikukonto: JOOSEP RAUDSEPP
Natural person · 150 €

5.18%
Omanikukonto: HAKERA OÜ
Legal person · 10944133 · 92 €

3.19%
Omanikukonto: TAAVO VELT
Natural person · 38 €

1.31%
Omanikukonto: Nordic Handelshus OÜ
Legal person · 12676056 · 37 €

1.28%
Omanikukonto: Marem holding OÜ
Legal person · 16525294 · 32 €

1.12%
Omanikukonto: Kadri Kann
Natural person · 18 €

0.62%
Omanikukonto: OÜ LOCHLAN
Legal person · 11075231 · 16 €

0.54%
Omanikukonto: KJ TRADING OÜ
Legal person · 11726504 · 14 €

0.48%
Omanikukonto: UNITED PARTNERS SEED CAPITAL OÜ
Legal person · 11623247 · 14 €

0.48%
Omanikukonto: UP VARAHALDUSE OÜ
Legal person · 11051124 · 9 €

0.32%
Omanikukonto: KAIRE VAHERMETS
Natural person · 7 €

0.24%
Omanikukonto: Venturebeam Markets Limited
Legal person · 6 €

0.21%
Omanikukonto: ANONYMITY OÜ
Legal person · 14337594 · 5 €

0.16%
Omanikukonto: CATAPULT VC OÜ
Legal person · 16508746 · 5 €

0.16%

Owner in

Punch Club OÜ
6.64%
Suhe Bar & Venue OÜ
66.67%

Beneficial owners

Kristjan-Walter Kask
Direct ownership · since 28 May 2019

Founders and other persons

Hendrik Luuk
Founder · 1 250 € · 29 Mar 2016
Kristjan-Walter Kask
Founder · 1 250 € · 29 Mar 2016

shared board members, owners or beneficial owners

Activities (EMTAK)

11011Distilling, rectifying and blending of spirits Main
11071Manufacture of soft drinks and bottled waters
20599Manufacture of other chemical products n.e.c.

Rulings 19

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
K 50027077 / 15 14 Oct 2026	Commercial pledge entered		In force 14 Oct 2026	PDF
Ä 50027077 / M4 30 Aug 2024	Fine for not filing the report	14 Sep 2024	In force 15 Sep 2024	PDF
Ä 50027077 / M3 11 Jul 2024	Warning of a fine: annual report not filed	10 Aug 2024	In force 11 Jul 2024	PDF
K 50027077 / 14 15 Feb 2024	Commercial pledge entered		In force 15 Feb 2024	PDF
Ä 50027077 / 13 26 Jul 2023	Amendment entry		In force 26 Jul 2023	PDF
K 50027077 / 12 20 Sep 2022	Commercial pledge entered		In force 20 Sep 2022	PDF
Ä 50027077 / 11 9 Aug 2022	Amendment entry		In force 9 Aug 2022	PDF
Ä 50027077 / 10 25 Jul 2022	Amendment entry		In force 25 Jul 2022	PDF
Ä 50027077 / M2 12 Jul 2022	Ruling to eliminate deficiencies in the annual report	11 Aug 2022	Deficiencies eliminated 14 Aug 2022	PDF
Ä 50027077 / 9 28 Jun 2021	Amendment entry		In force 28 Jun 2021	PDF
Ä 50027077 / 8 15 Oct 2020	Amendment entry		In force 15 Oct 2020	PDF
Ä 50027077 / 7 22 Jul 2020	Amendment entry		In force 22 Jul 2020	PDF
Ä 50027077 / 6 25 Sep 2019	Amendment entry		In force 25 Sep 2019	PDF
Ä 50027077 / M1 23 Sep 2019	Ruling to eliminate deficiencies	30 Sep 2019	Deficiencies eliminated 23 Sep 2019	PDF
Ä 50027077 / 5 28 May 2019	Amendment entry		In force 28 May 2019	PDF
Ä 50027077 / 4 20 Jan 2018	Amendment entry		In force 20 Jan 2018	PDF
Ä 50027077 / 3 11 Dec 2017	Amendment entry		In force 11 Dec 2017	PDF
Ä 50027077 / 2 5 Jul 2017	Amendment entry		In force 5 Jul 2017	PDF
Ä 50027077 29 Mar 2016	First entry		In force 29 Mar 2016	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Punch Club OÜ

Position in the industry Manufacture of beverages · EMTAK 11

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 19