Paywerk AS
Paywerk AS is a AS based in Tallinn, registry code 16218310, status: active. Main activity: Other financial service activities, except insurance and pension funding n.e.c.. Its annual report for 2025 shows revenue of €25 and 5 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Labour taxes per employee 14 794 €above 98% of companiesindustry median 2 214 € · companies in the industry: 443
- Revenue · 2025 25 €above 75% of companiesindustry median 0 € · companies in the industry: 3 672
Taxes and turnover
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (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 | — | 93 784 | 103 555 | 7 |
| Q2 2026 | 10 350 | 99 001 | 103 703 | 7 |
| Q1 2026 | 13 639 | 172 883 | 94 577 | 7 |
| Q4 2025 | 11 336 | 58 381 | 64 221 | 6 |
| Q3 2025 | 11 637 | 47 338 | 51 599 | 4 |
| Q2 2025 | 13 786 | 44 778 | 48 153 | 3 |
| Q1 2025 | 22 593 | 55 152 | 43 275 | 3 |
| Q4 2024 | 7 179 | 25 594 | 27 050 | 3 |
| Q3 2024 | 44 200 | 93 758 | 78 652 | 1 |
| Q2 2024 | 27 214 | 19 631 | 19 165 | — |
| Q1 2024 | 87 260 | 47 751 | 24 956 | — |
| Q4 2023 | 20 438 | 25 822 | 24 680 | — |
| Q3 2023 | 52 885 | 28 370 | 29 716 | 1 |
| Q2 2023 | 61 584 | 35 515 | 34 581 | 2 |
| Q1 2023 | 29 580 | 43 868 | 42 660 | 3 |
| Q4 2022 | 38 492 | 55 100 | 58 670 | 4 |
| Q3 2022 | 65 933 | 59 150 | 63 215 | 6 |
| Q2 2022 | 63 312 | 39 179 | 75 303 | 6 |
| Q1 2022 | 69 836 | 51 372 | 55 166 | 7 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (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 | 25 | -924 652 | 547 040 | 8 222 183 | 8 058 023 | 5 |
| 2024 | 4 449 | -525 589 | 306 763 | 9 063 719 | 8 954 654 | 2 |
| 2023 | 14 904 | -831 160 | 280 675 | 1 572 832 | 1 441 824 | 3 |
| 2022 | 788 | -1 169 163 | 609 323 | 1 576 188 | 1 472 638 | 5 |
| 2021 | — | -207 811 | 120 525 | 1 285 800 | 1 139 847 | 4 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 12 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 | 28 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 29 Apr 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 11 Oct 2022
- Erkki SaarniitBoard member · since 10 Nov 2021
- Ivar TrussBoard member · since 2 Aug 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Tomas PigagaMember of a senior management body (management or supervisory board) · LTU · since 27 Mar 2026
Founders and other persons
- Lamu Investeeringud OÜFounder · 12 500 € · 9 Apr 2021
- osaühing JP ConsultFounder · 12 500 € · 9 Apr 2021
- Grant Thornton Baltic OÜAudit firm · 25 Jan 2023
- Carl Francisco MolineroSupervisory board member · 23 Jul 2024
- Kaidi MatsarSupervisory board member · 23 Jul 2024
- Maivi HansonSupervisory board member · 23 Jul 2024
- Tomas PigagaSupervisory board member · 23 Jul 2024
- Riita NigulSupervisory board member · 2 Jul 2026
- Omanikukonto: SWEDBANKShareholder · 106 875 € · 13 Aug 2024
Related companies
Activities (EMTAK)
- 64991Other financial service activities, except insurance and pension funding n.e.c. Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50172019 / 16 6 May 2026 |
Amendment entry | In force 6 May 2026 |
||
| Ä 50172019 / M7 2 Apr 2026 |
Ruling to eliminate deficiencies | 17 Apr 2026 | Deficiencies eliminated 7 Apr 2026 |
|
| Ä 50172019 / 15 25 Aug 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 25 Aug 2025 |
||
| Ä 50172019 / 14 9 Aug 2024 |
Amendment entry | In force 9 Aug 2024 |
||
| Ä 50172019 / M6 2 Aug 2024 |
Ruling to eliminate deficiencies | 11 Sep 2024 | Deficiencies eliminated 8 Aug 2024 |
|
| Ä 50172019 / 13 2 Aug 2024 |
Amendment entry | In force 2 Aug 2024 |
||
| Ä 50172019 / M5 30 Jul 2024 |
Ruling to eliminate deficiencies | 8 Sep 2024 | Deficiencies eliminated 2 Aug 2024 |
|
| Ä 50172019 / M4 16 Apr 2024 |
Ruling to eliminate deficiencies | 26 Apr 2024 | Deficiencies eliminated 25 Apr 2024 |
|
| Ä 50172019 / 12 8 Apr 2024 |
Amendment entry | In force 8 Apr 2024 |
||
| Ä 50172019 / 11 15 Mar 2024 |
Amendment entry | In force 15 Mar 2024 |
||
| Ä 50172019 / 10 4 Sep 2023 |
Amendment entry | In force 4 Sep 2023 |
||
| Ä 50172019 / 9 22 Aug 2023 |
Amendment entry | In force 22 Aug 2023 |
||
| Ä 50172019 / M3 14 Aug 2023 |
Ruling to eliminate deficiencies | 13 Sep 2023 | Deficiencies eliminated 22 Aug 2023 |
|
| Ä 50172019 / 8 30 Jan 2023 |
Amendment entry | In force 30 Jan 2023 |
||
| Ä 50172019 / 7 11 Oct 2022 |
Amendment entry | In force 11 Oct 2022 |
||
| Ä 50172019 / 6 13 May 2022 |
Amendment entry | In force 13 May 2022 |
||
| Ä 50172019 / 5 14 Apr 2022 |
Amendment under Commercial Code § 525 (2) | In force 14 Apr 2022 |
||
| Ä 50172019 / 4 30 Dec 2021 |
Amendment entry | In force 30 Dec 2021 |
||
| Ä 50172019 / 3 10 Nov 2021 |
Amendment entry | In force 10 Nov 2021 |
||
| Ä 50172019 / M2 26 Oct 2021 |
Ruling to eliminate deficiencies | 15 Nov 2021 | Deficiencies eliminated 8 Nov 2021 |
|
| Ä 50172019 / 2 7 Oct 2021 |
Amendment entry | In force 7 Oct 2021 |
||
| Ä 50172019 29 Apr 2021 |
First entry | In force 29 Apr 2021 |
||
| Ä 50172019 / M1 21 Apr 2021 |
Ruling to eliminate deficiencies | 21 May 2021 | Deficiencies eliminated 29 Apr 2021 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data