Osaühing Wellspa
RegisteredKey figures
Ratios
2025Summary: Osaühing Wellspa
What kind of company is it?
Osaühing Wellspa (registry code 10959100) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Varbola küla, Märjamaa vald, Rapla maakond. According to the latest annual report, the main activity is manufacture of ceramic sanitary fixtures (EMTAK 23421). The company is registered for VAT (VAT number EE100843086).
How is the company doing financially?
Revenue in financial year 2025 was 4 124 836 €, up 4,2% on the previous year (3 957 010 €). From 2019 to 2025, revenue grew by an average of 5,3% per year. Net profit for financial year 2025 was 166 677 € (4,0% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 33 employees (34 a year earlier). Revenue per employee was 124 995 €. At the end of financial year 2025, total assets were 2 869 031 € and equity 2 257 391 € (78,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 013 645 €, up 14,7% on the same quarter a year earlier. The company had 37 employees in that quarter. Labour taxes paid in the quarter: 101 333 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1770 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is aktsiaselts Balteco.
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 08.09.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. 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 | 1 013 645 € | 37 | 101 333 € |
| Q2 2026 | 1 326 469 € | 35 | 87 054 € |
| Q1 2026 | 1 039 488 € | 36 | 91 888 € |
| Q4 2025 | 1 445 453 € | 35 | 85 609 € |
| Q3 2025 | 883 424 € | 30 | 93 781 € |
| Q2 2025 | 1 410 478 € | 34 | 81 730 € |
| Q1 2025 | 949 919 € | 31 | 80 073 € |
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 | 4 611 489 | 5 941 547 | 4 397 941 | 3 957 010 | 4 124 836 |
| Net profit | 504 217 | 475 828 | 265 978 | 356 215 | 166 677 |
| Retained earnings | 1 064 818 | 1 442 906 | 1 758 012 | 1 723 990 | 2 080 205 |
| Total assets | 2 347 171 | 2 688 474 | 2 361 666 | 2 671 816 | 2 869 031 |
| Total liabilities | 767 627 | 759 231 | 327 167 | 581 102 | 611 640 |
| Total equity | 1 579 544 | 1 929 243 | 2 034 499 | 2 090 714 | 2 257 391 |
| Employees | 39 | 0 | 0 | 34 | 33 |
| Calculated dividend | 240 542 | 126 129 | 160 722 | 300 000 | 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 note6 clear
Data from public registers, not a credit rating.
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Public procurement
The company is itself a contracting authority: 1 tenders. View tenders →
State aid and grants
8 recordsState aid and de minimis aid in total 206 767 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (183 950 €), Eesti Töötukassa (22 724 €), Ettevõtluse ja Innovatsiooni Sihtasutus (93 €).
Show all aid records (8)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 183 950 € | 29.05.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 3353 € | 10.02.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 2844 € | 24.03.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 5543 € | 19.08.2024 |
| Eesti Töötukassa | Koolitus VTA | 10 752 € | 01.06.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 48 € | 07.03.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 93 € | 05.06.2018 |
| Eesti Töötukassa | Palgatoetus VTA | 184 € | 01.09.2017 |
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 ↗
Change history
1 change- 12.10.2026*Annual report 2025 filed
Entered in the register on 23.07.2003.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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