AS Palmako
- Registry code
- 10301984
- VAT number
- EE100040546
- Address
- Tartu maakond, Tartu linn, Tartu linn, Näituse tn 25, 50409
- Registered
- 03.11.1997 · 28 yrs
- Activity
- Manufacture of other builders' carpentry and joinery 16231
- Additional activities
- Manufacture of veneer sheets and wood-based panels, Puidu saagimine ja hööveldamine
- Capital
- 81 728 €
- l•••@l•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- https://palmako.ee
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
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Board and owners
2 persons
| Board 1 | ||
|---|---|---|
| Rain Raudsepp3 companiesno tax debt | Personal ID ↗ | 22.03.2024 |
| Other persons 1 | ||
| Nasdaq CSD SE1983 companies155 with tax debt40 bankruptShare register keeper | Personal ID ↗ | 27.09.2017 |
| Beneficial owners 1 | ||
| Jüri Külvik6 companiesno tax debtkaudne osalus | 26.10.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 36 599 945 € | ▲ 12% | 1 522 729 € | 890 037 € | 405 |
| 2026 Q1 | 18 482 260 € | ▲ 2% | 1 415 947 € | 1 015 679 € | 406 |
| 2025 Q4 | 22 926 737 € | ▲ 15% | 1 408 322 € | 665 565 € | 387 |
| 2025 Q3 | 23 979 685 € | ▲ 19% | 1 574 430 € | 1 261 586 € | 386 |
| 2025 Q2 | 32 795 888 € | ▲ 16% | 1 340 431 € | 976 354 € | 388 |
| 2025 Q1 | 18 159 288 € | ▲ 17% | 1 181 736 € | 806 004 € | 375 |
| 2024 Q4 | 19 906 452 € | ▲ 39% | 1 078 898 € | 1 472 811 € | 326 |
| 2024 Q3 | 20 102 720 € | ▼ 4% | 1 225 191 € | 1 076 970 € | 322 |
| 2024 Q2 | 28 276 719 € | ▲ 27% | 1 114 188 € | 760 123 € | 332 |
| 2024 Q1 | 15 455 156 € | ▲ 14% | 1 033 731 € | 625 968 € | 328 |
| 2023 Q4 | 14 303 711 € | ▼ 17% | 962 809 € | 650 012 € | 302 |
| 2023 Q3 | 20 874 043 € | ▼ 7% | 1 245 681 € | 1 510 018 € | 306 |
Show full history (18 quarters)
| 2023 Q2 | 22 278 774 € | ▼ 49% | 1 033 340 € | 540 514 € | 331 |
| 2023 Q1 | 13 588 172 € | ▼ 40% | 1 040 210 € | 947 308 € | 333 |
| 2022 Q4 | 17 290 740 € | 949 101 € | 654 045 € | 333 | |
| 2022 Q3 | 22 474 697 € | 1 393 429 € | 1 174 652 € | 349 | |
| 2022 Q2 | 43 709 303 € | 1 286 138 € | 0 € | 430 | |
| 2022 Q1 | 22 805 748 € | 1 204 402 € | 528 613 € | 469 |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 76,0 m € | ▲ 15% | 66,3 m € | ▲ 5% | 63,0 m € | ▼ 26% | 85,1 m € | ▼ 2% | 87,2 m € |
| Profit | 3,5 m € | ▲ into profit | -1,1 m € | ▼ into loss | 668 k € | ▼ 94% | 12,0 m € | ▲ 168% | 4,5 m € |
| Profit margin | 4,6% | -1,7% | 1,1% | 14,1% | 5,1% | ||||
| Retained earnings | 34,1 m € | ▼ 3% | 35,2 m € | ▼ 11% | 39,6 m € | ▲ 34% | 29,6 m € | ▲ 9% | 27,1 m € |
| Cash | 15 960 € | ▲ 18% | 13 515 € | ▲ 459% | 2 416 € | ▼ 96% | 58 122 € | ▼ 24% | 76 974 € |
| Current assets | 33,1 m € | ▲ 11% | 29,9 m € | ▼ 9% | 32,7 m € | ▼ 10% | 36,2 m € | ▲ 17% | 30,9 m € |
| Fixed assets | 23,0 m € | ▼ 9% | 25,2 m € | ▲ 2% | 24,7 m € | ▼ 5% | 26,0 m € | ▲ 2% | 25,4 m € |
| Assets | 56,1 m € | ▲ 2% | 55,1 m € | ▼ 4% | 57,4 m € | ▼ 8% | 62,2 m € | ▲ 10% | 56,4 m € |
| Current liabilities | 13,7 m € | ▼ 12% | 15,6 m € | ▲ 37% | 11,4 m € | ▼ 7% | 12,2 m € | ▼ 19% | 15,1 m € |
| Long-term liabilities | 1,2 m € | ▼ 32% | 1,8 m € | ▼ 18% | 2,1 m € | ▼ 55% | 4,8 m € | ▼ 21% | 6,1 m € |
| Total liabilities | 14,9 m € | ▼ 14% | 17,4 m € | ▲ 28% | 13,6 m € | ▼ 21% | 17,1 m € | ▼ 19% | 21,2 m € |
| Equity | 41,2 m € | ▲ 9% | 37,7 m € | ▼ 14% | 43,8 m € | ▼ 3% | 45,2 m € | ▲ 28% | 35,2 m € |
| Labour costs | -14,2 m € | ▼ 20% | -11,9 m € | ▼ 5% | -11,3 m € | ▲ 11% | -12,6 m € | ▲ 3% | -13,1 m € |
| Employees | 379 | ▲ 15% | 329 | ▼ 1% | 331 | ▼ 22% | 423 | ▼ 12% | 478 |
| Filed | 30.06.2026 | 30.06.2025 | 30.06.2024 | 30.06.2023 | 30.06.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Manufacture of other builders' carpentry and joinery main activity | 16231 | 45 381 140 € | 60% |
| Manufacture of veneer sheets and wood-based panels | 16219 | 20 688 059 € | 27% |
| Puidu saagimine ja hööveldamine | 16111 | 9 980 762 € | 13% |
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
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
286 tuh € makseid · 14 toetust
Transactions with state institutions
Largest payers
| MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | 191 418 € |
| SA Viljandi Haigla | 21 295 € |
| Eesti Töötukassa | 11 556 € |
| Viljandi Vallavalitsus | 10 067 € |
| Vinni Vallavalitsus | 6 586 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 08.2026 | SA Lõhavere Ravi- ja Hooldekeskus | Operating costs | Nursing and rehabilitation hospital services | 3 015 € |
| 08.2026 | Luua Metsanduskool | Operating costs | Vocational education | 2 902 € |
| 07.2026 | SA Viljandi Haigla | Operating costs | General hospital services | 21 295 € |
| 07.2026 | Saue Vallavalitsus | Operating costs | Pre-school education | 4 184 € |
| 07.2026 | Võru Vallavalitsus | Operating costs | General economic development projects | 976 € |
| 06.2026 | Alutaguse Vallavalitsus | Operating costs | Pre-school education | 1 045 € |
| 06.2026 | Alutaguse Vallavalitsus | Fixed assets | Pre-school education | 1 045 € |
| 06.2026 | Kose Vallavalitsus | Operating costs | Pre-school education | 522 € |
| 04.2026 | Türi Vallavalitsus | Operating costs | Pre-school education | 989 € |
| 04.2026 | Jõgeva Vallavalitsus | Operating costs | Basic and general secondary education | 575 € |
| 01.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 605 € |
| 12.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 473 € |
| 11.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 589 € |
| 10.2025 | MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | Muud toetused | Teadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas | 60 990 € |
| 10.2025 | Tartu Vallavalitsus | Operating costs | Basic and general secondary education | 3 264 € |
| 10.2025 | Tallinna Kuristiku Lasteaed | Operating costs | Bioloogilise mitmekesisuse ja maastiku kaitse | 698 € |
| 10.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 411 € |
| 10.2025 | Jõgeva Vallavalitsus | Operating costs | Basic and general secondary education | 314 € |
| 09.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 416 € |
| 08.2025 | Põltsamaa Vallavara OÜ | Fixed assets | Turism | 3 590 € |
| 08.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 1 119 € |
| 08.2025 | Sillamäe Linnavalitsus | Operating costs | Substitute and aftercare | 799 € |
| 06.2025 | Eesti Töötukassa | Operating costs | Social protection of the unemployed | 4 821 € |
| 06.2025 | Jõgeva Vallavalitsus | Operating costs | Basic and general secondary education | 4 707 € |
| 06.2025 | Viljandi Linnavalitsus | Operating costs | Cleaning of public areas | 2 750 € |
| 06.2025 | Võru Vallavalitsus | Operating costs | General economic development projects | 526 € |
| 06.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 450 € |
| 05.2025 | Vinni Vallavalitsus | Operating costs | Other housing and communal services | 1 490 € |
| 05.2025 | Eesti Maaülikool | Operating costs | Tertiary education | 1 305 € |
| 05.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 632 € |
| 05.2025 | Luunja Varahalduse SA | Operating costs | Bioloogilise mitmekesisuse ja maastiku kaitse | 502 € |
| 05.2025 | Kohtla-Järve Linnavalitsus | Operating costs | Pre-school education | 264 € |
| 04.2025 | Luunja Varahalduse SA | Operating costs | Other housing and communal services | 1 471 € |
| 04.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 591 € |
| 03.2025 | MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | Muud toetused | Teadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas | 74 928 € |
| 03.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 215 € |
| 02.2025 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 234 € |
| 01.2025 | Viljandi Vallavalitsus | Operating costs | Folk culture | 1 076 € |
| 11.2024 | Viljandi Vallavalitsus | Operating costs | Folk culture | 1 076 € |
| 11.2024 | Tartu Vallavalitsus | Operating costs | Pre-school education | 299 € |
| 10.2024 | Viljandi Vallavalitsus | Operating costs | Basic and general secondary education | 6 839 € |
| 09.2024 | Väike-Maarja Vallavalitsus | Operating costs | Cleaning of public areas | 180 € |
| 06.2024 | Vinni Vallavalitsus | Fixed assets | Municipal government | 606 € |
| 05.2024 | Viljandi Vallavalitsus | Operating costs | Folk culture | 1 076 € |
| 05.2024 | SA Sõmerpalu Hooldekodu | Operating costs | General care services outside the home | 525 € |
| 05.2024 | Kehtna Vallavalitsus | Operating costs | Pre-school education | 275 € |
| 04.2024 | SA Sõmerpalu Hooldekodu | Operating costs | General care services outside the home | 525 € |
| 03.2024 | MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM | Muud toetused | Teadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas | 55 500 € |
| 03.2024 | SA Sõmerpalu Hooldekodu | Operating costs | General care services outside the home | 2 854 € |
| 12.2023 | Tallinna Lasteaed Sinilind | Operating costs | Pre-school education | 549 € |
| 11.2023 | Vinni Vallavalitsus | Fixed assets | Pre-school education | 4 490 € |
| 08.2023 | Harku Vallavalitsus | Operating costs | Pre-school education | 1 135 € |
| 04.2023 | Harku Vallavalitsus | Operating costs | Pre-school education | 1 897 € |
| 04.2023 | Paide Linnavalitsus | Operating costs | Pre-school education | 372 € |
| 03.2023 | Elva Vallavalitsus | Operating costs | Pre-school education | 999 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Toetuse saanud projektid toetus kokku 3,1 mln €
| Projekt | Meede | Periood | Toetus | Välja makstud |
|---|---|---|---|---|
| Palmako AS ressursitõhususe investeeringud Rahastatud · Sihtasutus Keskkonnainvesteeringute Keskus | (EK nr 2.6) Ring- ja ressursitõhusale majandusele ülemineku edendamine | 11.11.2025 – 10.11.2027 | 900 000 € | |
| AS Palmako varustuskindluse investeeringud Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Ressursitõhusate rohetehnoloogiate kasutuselevõtt | 01.11.2023 – 31.10.2025 | 217 500 € | 638 060 € |
| Palmako AS liimpuittoodete tehase ressursitõhususe suurendamine Lõpetatud · Sihtasutus Keskkonnainvesteeringute Keskus | Ettevõtete energia- ja ressursitõhusus | 21.03.2017 – 20.09.2019 | 2 000 000 € | 9 500 000 € |
| Palmako AS liimpuittoodete tootmise energia- ja ressursikasutuse analüüs Lõpetatud · Sihtasutus Keskkonnainvesteeringute Keskus | Ettevõtete energia- ja ressursitõhusus | 26.07.2016 – 31.12.2016 | 4 975 € | 9 950 € |
| AS Palmako ekspordi arendamise projekt Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi arendamise toetus | 16.01.2012 – 15.01.2014 | 320 000 € | |
| Palmako AS puidugraanulitehase tasuvusuuringu teostamine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 08.11.2011 – 15.12.2011 | 6 870 € | |
| AS Palmako juhtide ja spetsialistide arenguprogramm 2011-2012 Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 06.10.2011 – 05.10.2012 | 13 573 € | |
| AS Palmako strateegia uuendamine, juhtide-spetsialistide arendamine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 22.10.2010 – 07.01.2011 | 6 647 € | |
| Multifunktsionaalse CNC pingi, akna- ja uksetootmiskeskuse, puitdetailide puurmasina ning liimpuidu töötlemiseks vajaliku seadmestiku ostmine ja töölerakendamine AS Palmako tootmishoones Tartumaal Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Tööstusettevõtja tehnoloogiainvesteeringu toetus | 01.08.2010 – 31.01.2012 | 1 153 792 € | |
| AS Palmako strateegia uuendamine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 11.09.2009 – 20.11.2009 | 5 752 € | |
| AS Palmako eksporditurunduse plaani elluviimine aastatel 2009-2011 Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Eksporditurunduse toetus | 01.07.2009 – 30.06.2011 | 258 634 € | |
| AS Palmako aia- ja palkmajade tootmisprotsessi efektiivistamine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 30.06.2009 – 15.01.2010 | 15 184 € | |
| AS Palmako strateegia väljatöötamine ja juurutamine Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Teadmiste ja oskuste arendamise toetus | 10.09.2008 – 31.03.2009 | 15 339 € | |
| Müügi juhtimise stuudium Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus | Inimressursi arendamine ettevõtete majandusliku konkurentsivõime suurendamiseks | 22.08.2006 – 15.06.2007 | 1 211 € |
Riigi Tugiteenuste Keskus, toetatud projektid
Holdings in other companies
1
| Company | Code | Holding | Since | Revenue |
|---|---|---|---|---|
| OÜ Palmako Pellet | 12191100 | 100,0% | 01.09.2023 | 0 € |
Business Register
Companies linked via the board
60
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Manufacture of other builders' carpentry and joinery
20
| # | Company | Revenue |
|---|---|---|
| 1 | AS Palmako | 76,0 m € |
| 2 | osaühing Harmet | 62,4 m € |
| 3 | OÜ Module Tech | 22,0 m € |
| 4 | OÜ Saru Lauavabrik | 17,0 m € |
| 5 | osaühing Baltic Connexions | 14,0 m € |
| 6 | Ramirent Modular Factory AS | 13,8 m € |
| 7 | Auroom OÜ | 12,9 m € |
| 8 | Osaühing NOVARA | 11,7 m € |
| 9 | Compact Home OÜ | 10,2 m € |
| 10 | Baltresto Production OÜ | 9,7 m € |
| 11 | Saunasell OÜ | 8,4 m € |
| 12 | Ecosauna Project OÜ | 8,0 m € |
| 13 | Aktsiaselts Matek | 7,9 m € |
| 14 | Timbeco Woodhouse OÜ | 7,8 m € |
| 15 | Iglucraft OÜ | 7,5 m € |
| 16 | WELEMENT AS | 7,4 m € |
| 17 | Osaühing Sandla Puit | 7,0 m € |
| 18 | Hansa24 Group OÜ | 6,9 m € |
| 19 | osaühing CAPRA | 6,6 m € |
| 20 | Osaühing Valge VN | 5,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, pledges, domains
8 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Joint frequency permit | SLM22/4612 | 28.07.2022 kuni 27.07.2023 |
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 6 | AS SEB Pank | 5 500 000 € | 14.01.2022 |
| 5 | AS SEB Pank | 2 300 000 € | 20.12.2018 |
| 4 | AS SEB Pank | 2 000 000 € | 17.01.2018 |
| 3 | AS SEB Pank | 650 000 € | 12.09.2013 |
| 2 | AS SEB Pank | 22 000 000 € | 26.02.2008 |
| 1 | AS SEB Pank | 13 000 000 € | 15.08.2007 |
Domains
| Domain | Source |
|---|---|
| palmako.ee | Business Register |
History and notices
40
| Date | Type | Content |
|---|---|---|
| 22.03.2024 | Entry | Amendment entry |
| 19.03.2024 | Entry | Muutmiskanne TsMS § 595¹ lg 1 alusel |
| 12.03.2024 | Order to remedy deficiencies | Muutmiskanne TsMS § 595¹ lg 1 alusel |
| 27.01.2023 | Entry | Amendment entry |
| 28.12.2022 | Order to remedy deficiencies | Amendment entry |
| 14.01.2022 | Entry | Kommertspandi avamiskanne |
| 20.12.2018 | Entry | Kommertspandi avamiskanne |
| 11.12.2018 | Administrative order | Kommertspandi avamiskanne |
| 21.09.2018 | Entry | Second, constitutive merger entry (on the acquiring company's register card) |
| 20.09.2018 | Order to remedy deficiencies | Second, constitutive merger entry (on the acquiring company's register card) |
| 17.01.2018 | Entry | Kommertspandi muutmiskanne |
| 17.01.2018 | Entry | Kommertspandi avamiskanne |
| 17.01.2018 | Entry | Amendment entry |
| 22.12.2017 | Entry | Amendment entry |
| 03.12.2017 | Entry | Amendment entry |
| 27.09.2017 | Entry | Amendment entry |
| 05.01.2016 | Entry | Amendment entry |
| 01.12.2015 | Entry | Esimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile) |
| 01.12.2015 | Entry | Kolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile) |
| 13.11.2015 | Order to remedy deficiencies | Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel) |
| 09.11.2015 | Entry | Amendment entry |
| 29.10.2015 | Order to remedy deficiencies | Amendment entry |
| 15.09.2015 | Entry | Amendment entry |
| 03.09.2015 | Order to remedy deficiencies | Amendment entry |
| 11.11.2014 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 29.05.2014 | Entry | Kommertspandi muutmiskanne |
| 29.05.2014 | Entry | Kommertspandi muutmiskanne |
| 29.05.2014 | Entry | Kommertspandi muutmiskanne |
| 15.10.2013 | Order annulling an order | |
| 15.10.2013 | Lõivu tagastamise määrus | |
| 12.09.2013 | Entry | Kommertspandi avamiskanne |
| 12.07.2013 | Order to remedy deficiencies | Kommertspandi avamiskanne |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 26.02.2008 | Entry | Kommertspandi avamiskanne |
| 22.02.2008 | Kättetoimetatav puuduste kõrvaldamise määrus | Kommertspandi muutmiskanne |
| 15.08.2007 | Entry | Kommertspandi avamiskanne |
| 20.07.2005 | Jaatav kandeotsus | Amendment entry |
| 13.07.2005 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 10.05.2005 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 05.11.2002 | Kandeotsus ex officio | Märkus |