Pinered Ehitus OÜ

Active Registry code 16020281 OÜ Tallinn Registered 31 Jul 2020
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Pinered Ehitus OÜ is a OÜ based in Tallinn, registry code 16020281, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €2 550 719 with 9 employees.

Turnover
2 550 719 €
↑ 122.8% vs Q2 2026
State taxes
63 788 €
↑ 148.3% vs Q2 2026
Labour taxes
34 591 €
↑ 24.4% vs Q2 2026
Employees
9
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 2.6 mn €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 3 843 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 3 mn €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 1.6 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 550 719 € · +122.8% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
01 0002 0003 000Q4 2023 Company: 2 738 712 € Industry median: 26 427 €Q4·23Q1 2024 Company: 1 279 262 € Industry median: 19 618 €Q2 2024 Company: 1 364 201 € Industry median: 21 373 €Q2·24Q3 2024 Company: 445 821 € Industry median: 26 160 €Q4 2024 Company: 832 799 € Industry median: 25 496 €Q4·24Q1 2025 Company: 708 739 € Industry median: 19 568 €Q2 2025 Company: 750 188 € Industry median: 22 577 €Q2·25Q3 2025 Company: 528 867 € Industry median: 25 533 €Q4 2025 Company: 898 361 € Industry median: 25 721 €Q4·25Q1 2026 Company: 1 348 196 € Industry median: 20 483 €Q2 2026 Company: 1 145 014 € Industry median: 22 672 €Q2·26Q3 2026 Company: 2 550 719 € Industry median: 25 252 €Q3·2601 0002 0003 000Q4 2024 Company: 832 799 € Industry median: 25 496 €Q1 2025 Company: 708 739 € Industry median: 19 568 €Q1·25Q2 2025 Company: 750 188 € Industry median: 22 577 €Q3 2025 Company: 528 867 € Industry median: 25 533 €Q3·25Q4 2025 Company: 898 361 € Industry median: 25 721 €Q1 2026 Company: 1 348 196 € Industry median: 20 483 €Q1·26Q2 2026 Company: 1 145 014 € Industry median: 22 672 €Q3 2026 Company: 2 550 719 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 843 € · +24.4% vs Q2 2026 · industry median 1 211 € · above 94% of the industry
02 0004 0006 000Q4 2023 Company: 4 534 € Industry median: 1 145 €Q4·23Q1 2024 Company: 5 053 € Industry median: 1 097 €Q2 2024 Company: 5 372 € Industry median: 1 083 €Q2·24Q3 2024 Company: 5 755 € Industry median: 1 142 €Q4 2024 Company: 4 413 € Industry median: 1 179 €Q4·24Q1 2025 Company: 4 824 € Industry median: 1 188 €Q2 2025 Company: 4 338 € Industry median: 1 149 €Q2·25Q3 2025 Company: 3 376 € Industry median: 1 208 €Q4 2025 Company: 4 269 € Industry median: 1 254 €Q4·25Q1 2026 Company: 3 748 € Industry median: 1 183 €Q2 2026 Company: 3 089 € Industry median: 1 166 €Q2·26Q3 2026 Company: 3 843 € Industry median: 1 211 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 413 € Industry median: 1 179 €Q1 2025 Company: 4 824 € Industry median: 1 188 €Q1·25Q2 2025 Company: 4 338 € Industry median: 1 149 €Q3 2025 Company: 3 376 € Industry median: 1 208 €Q3·25Q4 2025 Company: 4 269 € Industry median: 1 254 €Q1 2026 Company: 3 748 € Industry median: 1 183 €Q1·26Q2 2026 Company: 3 089 € Industry median: 1 166 €Q3 2026 Company: 3 843 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 9 · +0.0% vs Q2 2026
0246810Q4 2023 Company: 9Q4·23Q1 2024 Company: 10Q2 2024 Company: 8Q2·24Q3 2024 Company: 8Q4 2024 Company: 7Q4·24Q1 2025 Company: 6Q2 2025 Company: 6Q2·25Q3 2025 Company: 7Q4 2025 Company: 6Q4·25Q1 2026 Company: 7Q2 2026 Company: 9Q2·26Q3 2026 Company: 9Q3·260246810Q4 2024 Company: 7Q1 2025 Company: 6Q1·25Q2 2025 Company: 6Q3 2025 Company: 7Q3·25Q4 2025 Company: 6Q1 2026 Company: 7Q1·26Q2 2026 Company: 9Q3 2026 Company: 9Q3·26
State taxes, € thousand Q3 2026: 63 788 € · +148.3% vs Q2 2026
0255075100125Q4 2023 Company: 90 581 €Q4·23Q1 2024 Company: 6 234 €Q2 2024 Company: 49 589 €Q2·24Q3 2024 Company: 6 171 €Q4 2024 Company: 48 602 €Q4·24Q1 2025 Company: 6 622 €Q2 2025 Company: 56 052 €Q2·25Q3 2025 Company: 11 917 €Q4 2025 Company: 53 172 €Q4·25Q1 2026 Company: 118 856 €Q2 2026 Company: 25 685 €Q2·26Q3 2026 Company: 63 788 €Q3·260255075100125Q4 2024 Company: 48 602 €Q1 2025 Company: 6 622 €Q1·25Q2 2025 Company: 56 052 €Q3 2025 Company: 11 917 €Q3·25Q4 2025 Company: 53 172 €Q1 2026 Company: 118 856 €Q1·26Q2 2026 Company: 25 685 €Q3 2026 Company: 63 788 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 550 719 63 788 34 591 9
Q2 2026 1 145 014 25 685 27 799 9
Q1 2026 1 348 196 118 856 26 239 7
Q4 2025 898 361 53 172 25 616 6
Q3 2025 528 867 11 917 23 629 7
Q2 2025 750 188 56 052 26 027 6
Q1 2025 708 739 6 622 28 944 6
Q4 2024 832 799 48 602 30 889 7
Q3 2024 445 821 6 171 46 043 8
Q2 2024 1 364 201 49 589 42 973 8
Q1 2024 1 279 262 6 234 50 529 10
Q4 2023 2 738 712 90 581 40 810 9
Q3 2023 2 670 766 160 991 38 309 10
Q2 2023 1 822 557 61 938 29 461 10
Q1 2023 1 322 927 22 948 29 974 9
Q4 2022 2 096 589 123 182 25 866 8
Q3 2022 916 653 32 777 17 021 8
Q2 2022 517 139 5 074 4 155 7
Q1 2022 437 612 29 002 4 883 3
Labour taxes per employee per month
1 281 €
Turnover per employee in the quarter
283 413 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 3 043 507 € · −14.4% vs 2024 · industry median 38 239 € · above 98% of the industry
02 0004 0006 0008 00010 0002020 Company: 196 737 € Industry median: 35 421 €20202021 Company: 1 380 213 € Industry median: 38 277 €20212022 Company: 4 311 125 € Industry median: 39 545 €20222023 Company: 8 526 796 € Industry median: 37 262 €20232024 Company: 3 556 049 € Industry median: 37 686 €20242025 Company: 3 043 507 € Industry median: 38 239 €202502 0004 0006 0008 00010 0002020 Company: 196 737 € Industry median: 35 421 €2021 Company: 1 380 213 € Industry median: 38 277 €20212022 Company: 4 311 125 € Industry median: 39 545 €2023 Company: 8 526 796 € Industry median: 37 262 €20232024 Company: 3 556 049 € Industry median: 37 686 €2025 Company: 3 043 507 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 47 961 € · +106.7% vs 2024 · industry median 410 € · above 91% of the industry
-750-500-25002505007502020 Company: 50 421 € Industry median: 281 €20202021 Company: 19 300 € Industry median: 315 €20212022 Company: 528 711 € Industry median: 398 €20222023 Company: 22 363 € Industry median: 253 €20232024 Company: -721 202 € Industry median: 108 €20242025 Company: 47 961 € Industry median: 410 €2025-750-500-25002505007502020 Company: 50 421 € Industry median: 281 €2021 Company: 19 300 € Industry median: 315 €20212022 Company: 528 711 € Industry median: 398 €2023 Company: 22 363 € Industry median: 253 €20232024 Company: -721 202 € Industry median: 108 €2025 Company: 47 961 € Industry median: 410 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.6 % · +21.9 pp vs the year before · industry median 3.5 % · above 42% of the industry
-30-20-1001020302020 Company: 25.6 % Industry median: 4.0 %20202021 Company: 1.4 % Industry median: 3.8 %20212022 Company: 12.3 % Industry median: 3.9 %20222023 Company: 0.3 % Industry median: 3.9 %20232024 Company: -20.3 % Industry median: 2.8 %20242025 Company: 1.6 % Industry median: 3.5 %2025-30-20-1001020302020 Company: 25.6 % Industry median: 4.0 %2021 Company: 1.4 % Industry median: 3.8 %20212022 Company: 12.3 % Industry median: 3.9 %2023 Company: 0.3 % Industry median: 3.9 %20232024 Company: -20.3 % Industry median: 2.8 %2025 Company: 1.6 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 856 229 € · +44.3% vs 2024
02505007501 0001 2502020 Company: 64 766 €20202021 Company: 142 980 €20212022 Company: 978 975 €20222023 Company: 1 195 356 €20232024 Company: 593 221 €20242025 Company: 856 229 €202502505007501 0001 2502020 Company: 64 766 €2021 Company: 142 980 €20212022 Company: 978 975 €2023 Company: 1 195 356 €20232024 Company: 593 221 €2025 Company: 856 229 €2025
Equity, € thousand 2025: 164 254 € · +41.2% vs 2024
02004006008002020 Company: 53 121 €20202021 Company: 72 421 €20212022 Company: 601 132 €20222023 Company: 593 495 €20232024 Company: 116 293 €20242025 Company: 164 254 €202502004006008002020 Company: 53 121 €2021 Company: 72 421 €20212022 Company: 601 132 €2023 Company: 593 495 €20232024 Company: 116 293 €2025 Company: 164 254 €2025
Employees 2025: 6 · −25.0% vs 2024 · industry median 2 · above 85% of the industry
02468102020 Company: 0 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 5 Industry median: 220222023 Company: 9 Industry median: 220232024 Company: 8 Industry median: 220242025 Company: 6 Industry median: 2202502468102020 Company: 0 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 5 Industry median: 22023 Company: 9 Industry median: 220232024 Company: 8 Industry median: 22025 Company: 6 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 3 043 507 47 961 239 091 856 229 164 254 6
2024 3 556 049 -721 202 357 619 593 221 116 293 8
2023 8 526 796 22 363 380 062 1 195 356 593 495 9
2022 4 311 125 528 711 178 770 978 975 601 132 5
2021 1 380 213 19 300 38 371 142 980 72 421 2
2020 196 737 50 421 0 64 766 53 121 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
1.6 %
Net profit / revenue
Return on equity (ROE)
29.2 %
Net profit / equity
Return on assets (ROA)
5.6 %
Net profit / assets
Equity ratio
19.2 %
Equity / assets
Debt ratio
80.8 %
Liabilities / assets
Current ratio
1.15
Current assets / current liabilities
Revenue per employee
510 708 €
Revenue / average full-time employees
Labour cost per employee per month
3 321 €
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 26 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 20 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Jun 2022 Company’s own e-Äriregister
2020 31 Jul 2020 – 31 Dec 2020 3 May 2021 Company’s own e-Äriregister

Board

Right of representation

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

Owners

  • Pinered OÜ
    Legal person · 12958620 · 2 700 €

Beneficial owners

  • Dag Nurm
    Indirect ownership · since 4 Feb 2026
  • Maarika Nurm
    Indirect ownership · since 4 Feb 2026
  • Andres Ütt
    Member of a senior management body (management or supervisory board) · since 31 Jul 2020
  • Sandor Simson
    Member of a senior management body (management or supervisory board) · since 31 Jul 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50150627 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50150627 / 6
11 Oct 2022
Amendment entry In force
11 Oct 2022
PDF
Ä 50150627 / 5
8 Jul 2022
Amendment entry In force
8 Jul 2022
PDF
Ä 50150627 / 4
21 Jun 2022
Amendment entry In force
21 Jun 2022
PDF
Ä 50150627 / 3
18 Nov 2021
Amendment entry In force
18 Nov 2021
PDF
Ä 50150627 / 2
11 Sep 2020
Amendment under Commercial Code § 525 (2) In force
11 Sep 2020
PDF
Ä 50150627
31 Jul 2020
First entry In force
31 Jul 2020
PDF
Ä 50150627 / M1
20 Jul 2020
Ruling to eliminate deficiencies 19 Aug 2020 Deficiencies eliminated
31 Jul 2020
PDF

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