ETENRU
RegisteredSaare County
Registry code
12384052
VAT number
EE101608916
Address
Saare maakond, Muhu vald, Liiva küla, Meierei, 94701
Registered
26.11.2012 · 13 yrs
Activity
Manufacture of bread; manufacture of fresh pastry goods and cakes 10711
Additional activities
Rental and operating of own or leased real estate
Capital
2 500 €
Email
m•••@g•••.comLog in to see
Phone
+372 5•• ••••Log in to see
Business Register 06.10.2026
Sales revenue530 k €-2%2025 annual report
Profit24 452 €2025 annual report
Employees10Tax Board 2026 Q2
Average gross salary1 080 €estimate, Tax Board 2026 Q2
Labour taxes per quarter16 523 €Tax Board 2026 Q2
Cash29 148 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months529 k €+1%Tax Board, last 4 quarters
State taxes 12 months140 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 110 tuh €
230 k108 k83 k104 k232 k110 k77 k110 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
67 / 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
RatingA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 1% vs a year earlier
Notification when something changes
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Indra Schmidt5 companiesno tax debtPersonal ID ↗09.09.2019
Martin Sepping3 companies1 with tax debtPersonal ID ↗26.11.2012
Shareholders 1
Osaühing Saardeks100,0% 2 500 €01.09.2023
Beneficial owners 1
Igor Schmidt4 companiesno tax debtkaudne osalus16.10.2019

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue24,2%
Labour taxes / revenue15,1%
Revenue per employee per month3 653 €
Gross salary (estimate)1 080 €
Net salary (estimate)966 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2109 578 €▲ 5%16 523 €26 511 €10
2026 Q177 283 €▼ 7%17 812 €25 260 €11
2025 Q4109 706 €▲ 1%22 114 €34 366 €13
2025 Q3232 197 €▲ 1%24 698 €53 835 €15
2025 Q2104 177 €▼ 6%16 461 €28 314 €19
2025 Q183 033 €▼ 4%17 804 €26 354 €13
2024 Q4108 334 €▲ 3%19 063 €29 878 €13
2024 Q3229 968 €▲ 16%21 083 €51 356 €13
2024 Q2110 905 €▲ 15%14 026 €29 208 €18
2024 Q186 884 €▲ 34%13 979 €20 812 €13
2023 Q4105 411 €▲ 31%17 433 €27 019 €14
2023 Q3197 681 €▲ 27%21 596 €44 045 €14
Show full history (18 quarters)
2023 Q296 851 €▲ 31%13 047 €23 814 €13
2023 Q164 766 €▲ 27%11 651 €16 105 €12
2022 Q480 295 €12 953 €15 677 €12
2022 Q3155 566 €16 739 €30 413 €11
2022 Q273 753 €10 921 €18 349 €11
2022 Q150 869 €10 339 €13 306 €9

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 revenue530 k €▼ 2%538 k €▲ 14%474 k €▲ 29%369 k €▲ 17%315 k €
Profit24 452 €▼ 59%59 592 €▲ 84%32 323 €▲ into profit-13 027 €▼ into loss30 882 €
Profit margin4,6%11,1%6,8%-3,5%9,8%
Retained earnings123 k €▲ 93%63 791 €▲ 103%31 468 €▼ 29%44 495 €▲ 227%13 613 €
Cash29 148 €▼ 17%35 320 €▲ 14×2 492 €▲ 137%1 052 €▼ 82%5 975 €
Current assets39 647 €▼ 14%46 238 €▲ 122%20 857 €▲ 61%12 943 €▼ 17%15 674 €
Fixed assets523 k €▲ 6%495 k €▼ 1%501 k €▲ 106%243 k €▼ 7%262 k €
Assets562 k €▲ 4%541 k €▲ 4%522 k €▲ 104%256 k €▼ 8%278 k €
Current liabilities94 444 €▼ 6%100 k €▼ 30%143 k €▼ 28%198 k €▼ 3%204 k €
Long-term liabilities318 k €▲ 1%315 k €▲ 1%313 k €▲ 13×24 096 €▼ 11%27 099 €
Total liabilities412 k €▼ 1%415 k €▼ 9%455 k €▲ 105%222 k €▼ 4%231 k €
Equity150 k €▲ 19%126 k €▲ 90%66 291 €▲ 95%33 968 €▼ 28%46 995 €
Labour costs-217 k €▼ 7%-203 k €▼ 7%-190 k €▼ 22%-155 k €▼ 33%-117 k €
Employees10▼ 9%11▲ 10%10▼ 9%11▲ 10%10
Filed30.06.202630.06.202525.06.202426.06.202312.07.2022
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
Manufacture of bread; manufacture of fresh pastry goods and cakes main activity10711526 320 €99%
Rental and operating of own or leased real estate682013 600 €1%

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 05.10.2026

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

10 015 € makseid

Transactions with state institutions

20261 050 €
2025788 €
2024269 €
20237 908 €

Largest payers

Põllumajanduse Registrite ja Informatsiooni Amet7 563 €
Muhu Vallavalitsus2 278 €
Kuressaare Haigla SA175 €
All payments by month
MonthPayerTypeFieldAmount
06.2026Muhu VallavalitsusOperating costsSchool meals118 €
05.2026Muhu VallavalitsusOperating costsSchool meals126 €
04.2026Muhu VallavalitsusOperating costsSchool meals151 €
03.2026Muhu VallavalitsusOperating costsSchool meals521 €
02.2026Muhu VallavalitsusOperating costsSchool meals134 €
12.2025Kuressaare Haigla SAOperating costsGeneral hospital services175 €
12.2025Muhu VallavalitsusOperating costsSchool meals131 €
06.2025Muhu VallavalitsusOperating costsLeisure events263 €
05.2025Muhu VallavalitsusOperating costsSchool meals113 €
04.2025Muhu VallavalitsusOperating costsSchool meals106 €
10.2024Muhu VallavalitsusOperating costsSchool meals104 €
06.2024Muhu VallavalitsusOperating costsFolk culture165 €
11.2023Muhu VallavalitsusOperating costsSchool meals110 €
09.2023Põllumajanduse Registrite ja Informatsiooni AmetMuud toetusedPõllumajandus7 563 €
07.2023Muhu VallavalitsusOperating costsFolk culture236 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Muhu Leib OÜ1266787310,02%16.08.20231,4 m €

Business Register

Companies linked via the board

6

Top 20 in activity: Manufacture of bread; manufacture of fresh pastry goods and cakes

20
#CompanyRevenue
1AS Eesti Pagar106,8 m €
2OÜ Cristella VT51,3 m €
3AKTSIASELTS LEIBUR29,9 m €
4AS Eesti Leivatööstus10,3 m €
5OÜ RÕNGU PAGAR6,9 m €
6Aktsiaselts Pihlaka5,4 m €
7AS EUROLEIB5,0 m €
8aktsiaselts LÕUNA PAGARID4,4 m €
9Hiiumaa Köök ja Pagar OÜ3,7 m €
10Reval Kondiiter OÜ3,1 m €
11Europagar OÜ2,6 m €
12OÜ Gurmeeklubi2,5 m €
13Crustum OÜ1,7 m €
14Muhu Leib OÜ1,4 m €
15Eesti Sai OÜ1,4 m €
16Lameleib OÜ1,2 m €
17OÜ Päts1,1 m €
18osaühing Karja Pagariäri975 k €
19Küpsetuskojad OÜ941 k €
20ELLENI PAGARIÄRI Osaühing803 k €

Muhu Pagarid OÜ: place 27 /325

Similar size: Osaühing Koduköök, osaühing Erlandia, Pavlova OÜ, Teele Pagar OÜ, Pääsukese pagar OÜ, OÜ Loiri Pagar, Hiiu Pagar OÜ, Leivakas OÜ, OSAÜHING ROSMEITO, Pööripäev OÜ

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

Licences, pledges, domains

No data

History and notices

6
DateTypeContent
01.09.2023EntryAmendment entry
09.09.2019EntryAmendment entry
15.05.2018EntryMuutmiskanne ÄS § 525 lg 2 alusel
17.01.2018EntryAmendment entry
03.04.2014EntryAmendment entry
26.11.2012EntryFirst entry