WESTWARD OÜ
RegisteredKey figures
Ratios
2025Summary: WESTWARD OÜ
What kind of company is it?
WESTWARD OÜ (registry code 10160578) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 29 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of other machinery and equipment (EMTAK 46649). The company is registered for VAT (VAT number EE100414075).
How is the company doing financially?
Revenue in financial year 2025 was 1 095 618 €, down 23,5% on the previous year (1 432 870 €). From 2019 to 2025, revenue declined by an average of 6,2% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 26 244 € (2,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 7 employees (9 a year earlier). Revenue per employee was 156 517 €. At the end of financial year 2025, total assets were 1 964 152 € and equity 1 229 901 € (62,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 86 598 €, down 76,7% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 17 080 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1830 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 12.08.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (984500C8QEH51D61DD60) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 86 598 € | 6 | 17 080 € |
| Q2 2026 | 190 086 € | 6 | 18 498 € |
| Q1 2026 | 423 577 € | 6 | 7246 € |
| Q4 2025 | 377 853 € | 7 | 23 106 € |
| Q3 2025 | 371 156 € | 7 | 19 663 € |
| Q2 2025 | 537 612 € | 8 | 9962 € |
| Q1 2025 | 389 960 € | 8 | 23 668 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 815 894 | 1 623 464 | 1 575 979 | 1 432 870 | 1 095 618 |
| Net profit | 148 556 | 73 791 | 19 025 | 15 188 | 26 244 |
| Retained earnings | 1 415 768 | 1 564 324 | 1 141 323 | 1 160 348 | 1 175 536 |
| Total assets | 2 218 328 | 2 213 284 | 1 773 031 | 1 777 510 | 1 964 152 |
| Total liabilities | 625 883 | 547 048 | 584 562 | 573 853 | 734 251 |
| Total equity | 1 592 445 | 1 666 236 | 1 188 469 | 1 203 657 | 1 229 901 |
| Employees | 12 | 10 | 12 | 9 | 7 |
| Average gross salary (monthly) | 1136 | 1481 | 1370 | 1561 | 1742 |
| Calculated dividend | 76 800 | 0 | 496 792 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligations1 issue2 notes1 for information4 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
2 recordsState aid and de minimis aid in total 5621 € (2020–2025). Largest grantors: Eesti Töötukassa (5621 €), Tallinna Linnakantselei (0 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 5621 € | 12.05.2025 |
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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