ETENRU
RegisteredTartu County
Firmo KasvuliiderVarem: 2024
Registry code
10080313
VAT number
EE100281952
Address
Tartu maakond, Elva vald, Elva linn, Kirde põik 6, 61506
Registered
14.08.1996 · 30 yrs
Activity
Extraction of peat 08921
Additional activities
Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
Capital
48 490 €
Email
i•••@e•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.elvaept.ee from email
Business Register 06.10.2026
Sales revenue7,9 m €+9%2025 annual report
Profit2,0 m €2025 annual report
Employees44Tax Board 2026 Q2
Average gross salary1 952 €estimate, Tax Board 2026 Q2
Labour taxes per quarter131 k €Tax Board 2026 Q2
Cash1,2 m €Cash 30.09.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months8,7 m €+7%Tax Board, last 4 quarters
State taxes 12 months669 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 1,2 mln €
1,9 M2,2 M2,4 M1,8 M2,1 M3,6 M1,9 M1,2 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
89 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 7% vs a year earlier
Notification when something changes
Add the rating badge to your website

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Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Mihkel Karulaas1 companyno tax debtPersonal ID ↗03.04.2023
Üllar Püvi4 companiesno tax debtPersonal ID ↗12.06.2015
Other persons 1
Nasdaq CSD SE1983 companies149 with tax debt40 bankruptShare register keeperPersonal ID ↗28.09.2017
Beneficial owners 2
Aadu Püvi2 companiesno tax debtkaudne osalus25.09.2018
Üllar Püvi4 companiesno tax debtkaudne osalus25.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue10,7%
Labour taxes / revenue11,2%
Revenue per employee per month8 891 €
Gross salary (estimate)1 952 €
Net salary (estimate)1 622 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q21 173 652 €▼ 33%131 404 €125 150 €44
2026 Q11 900 356 €▼ 21%169 835 €167 650 €37
2025 Q43 572 908 €▲ 65%201 922 €195 412 €36
2025 Q32 087 378 €▲ 12%190 789 €181 210 €44
2025 Q21 764 572 €▼ 32%170 160 €122 576 €49
2025 Q12 401 178 €▲ 21%178 539 €85 368 €43
2024 Q42 161 779 €▲ 30%179 032 €172 713 €44
2024 Q31 859 027 €▲ 53%182 018 €175 616 €45
2024 Q22 602 598 €▲ 38%148 572 €225 727 €45
2024 Q11 991 965 €▼ 2%162 722 €188 888 €42
2023 Q41 659 586 €▼ 15%146 878 €123 557 €43
2023 Q31 211 546 €▼ 32%151 373 €145 349 €45
Show full history (18 quarters)
2023 Q21 891 373 €▲ 20%120 171 €112 582 €43
2023 Q12 041 363 €▲ 79%132 888 €102 160 €40
2022 Q41 948 040 €120 578 €118 108 €38
2022 Q31 773 133 €122 669 €152 976 €40
2022 Q21 579 245 €107 982 €136 210 €38
2022 Q11 140 881 €97 774 €170 949 €35

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue7,9 m €▲ 9%7,3 m €▲ 22%6,0 m €▲ 22%4,9 m €▲ 36%3,6 m €
Profit2,0 m €▲ 796%221 k €▼ 86%1,6 m €▲ 22%1,3 m €▲ 91%673 k €
Profit margin25,0%3,0%26,1%26,2%18,7%
Retained earnings3,8 m €▲ 6%3,6 m €▲ 54%2,3 m €▲ 61%1,4 m €▼ 2%1,5 m €
Cash1,2 m €▲ 18%1,0 m €▲ 365%224 k €▲ 24%180 k €▼ 70%610 k €
Current assets3,4 m €▲ 5%3,3 m €▲ 43%2,3 m €▲ 33%1,7 m €▲ 5%1,6 m €
Fixed assets3,2 m €▲ 17%2,8 m €▲ 11%2,5 m €▲ 38%1,8 m €▲ 45%1,2 m €
Assets6,7 m €▲ 11%6,0 m €▲ 26%4,8 m €▲ 36%3,5 m €▲ 22%2,9 m €
Current liabilities811 k €▼ 62%2,1 m €▲ 164%808 k €▲ 17%689 k €▲ 12%612 k €
Long-term liabilities8 433 €▼ 29%11 904 €▼ 22%15 300 €▼ 53%32 598 €▼ 34%49 316 €
Total liabilities819 k €▼ 62%2,1 m €▲ 161%823 k €▲ 14%721 k €▲ 9%661 k €
Equity5,9 m €▲ 51%3,9 m €▼ 2%4,0 m €▲ 41%2,8 m €▲ 26%2,2 m €
Labour costs-1,7 m €▼ 8%-1,6 m €▼ 20%-1,3 m €▼ 22%-1,1 m €▼ 33%-810 k €
Employees46▼ 2%47▼ 6%50▲ 22%410%41
Filed10.03.202620.03.202529.02.202414.03.202302.03.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Extraction of peat main activity089217 012 454 €89%
Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers29202895 794 €11%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

10 237 € makseid · 1 toetust

Transactions with state institutions

20254 599 €
20242 977 €
20232 662 €

Largest payers

Tartu Ülikool9 386 €
Elva Varahalduse OÜ552 €
Elva Vallavalitsus299 €
All payments by month
MonthPayerTypeFieldAmount
12.2025Elva Varahalduse OÜOperating costsBioloogilise mitmekesisuse ja maastiku kaitse155 €
11.2025Tartu ÜlikoolOperating costsTertiary education4 340 €
04.2025Elva VallavalitsusOperating costsOther general services104 €
11.2024Tartu ÜlikoolOperating costsTertiary education2 562 €
09.2024Elva VallavalitsusOperating costsSchool meals195 €
08.2024Elva Varahalduse OÜOperating costsBioloogilise mitmekesisuse ja maastiku kaitse220 €
12.2023Elva Varahalduse OÜOperating costsBioloogilise mitmekesisuse ja maastiku kaitse178 €
10.2023Tartu ÜlikoolOperating costsTertiary education2 484 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Toetuse saanud projektid

ProjektMeedePerioodToetusVälja makstud
Dokumentatsioon turbatootmismasinatele
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Innovatsiooniosakute toetusmeede28.09.2012 – 30.12.20124 000 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

60
AS AlexelaNasdaq CSD SE555,0 m €BBEricsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAAS HANZA Mechanics TartuNasdaq CSD SE81,5 m €AAAERGO Insurance SENasdaq CSD SE80,6 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAaktsiaselts PINUSNasdaq CSD SE29,6 m €AAAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBAktsiaselts KROONINGNasdaq CSD SE27,1 m €BInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBSchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAAktsiaselts PAFERNasdaq CSD SE15,1 m €AAABaltyre Eesti ASNasdaq CSD SE14,8 m €AAAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AAS Eesti LeivatööstusNasdaq CSD SE10,3 m €Aaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €Aaktsiaselts HALS TRADING - TNasdaq CSD SE6,8 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAAktsiaselts Loo ElekterNasdaq CSD SE5,5 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAaktsiaselts TAUF-AUTONasdaq CSD SE2,9 m €AAAaktsiaselts CISTANasdaq CSD SE2,6 m €AAAPRIMULATOR EESTI AktsiaseltsNasdaq CSD SE2,2 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAktsiaselts LAVEXNasdaq CSD SE692 k €CAktsiaselts Peipsi KalameesNasdaq CSD SE498 k €AAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts Projekt ENasdaq CSD SE198 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AKatus ASNasdaq CSD SE13 588 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €CAktsiaselts RoolidNasdaq CSD SE0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Extraction of peat

20

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Domains

1 records

Domains

DomainSource
elvaept.eeemail

History and notices

15
DateTypeContent
09.09.2026EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
03.04.2023EntryAmendment entry
22.02.2022EntryAmendment entry
13.02.2018EntryAmendment entry
18.01.2018EntryAmendment entry
03.12.2017EntryAmendment entry
28.09.2017EntryAmendment entry
12.06.2015EntryAmendment entry
10.07.2012EntryAmendment entry
19.06.2012Order to remedy deficienciesAmendment entry
21.04.2009EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
03.01.2003Kandeotsus ex officioMärkus
18.09.2002Jaatav kandeotsusMitteavaldatav muutmiskanne
19.07.2002Kättetoimetatav puuduste kõrvaldamise määrusMitteavaldatav muutmiskanne