Woodman OÜ

Registered
11087048Private limited company (OÜ)Founded 2004
Qualified audit opinion. 2025 report: Qualified.

Key figures

7 305 550 €+2,8%
Revenue 2025
+6,8%
Average annual growth 2019–2025
02 m4 m6 m8 m2019202020212022202320242025

Ratios

2025

Summary: Woodman OÜ

What kind of company is it?

Woodman OÜ (registry code 11087048) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 21 years. Registered location: Mäo küla, Paide linn, Järva maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE100949443).

How is the company doing financially?

Revenue in financial year 2025 was 7 305 550 €, up 2,8% on the previous year (7 105 345 €). From 2019 to 2025, revenue grew by an average of 6,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 344 259 € (4,7% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 57 employees (61 a year earlier). Revenue per employee was 128 168 €. At the end of financial year 2025, total assets were 2 198 722 € and equity 573 015 € (26,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 420 932 €, down 23,7% on the same quarter a year earlier. The company had 53 employees in that quarter. Labour taxes paid in the quarter: 156 300 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1890 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. According to the register, the company has 4 owners. The largest stake (47,5%) is held by TSE OÜ.

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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 420 932 €53156 300 €
Q2 20261 657 689 €51145 600 €
Q1 20261 453 472 €52150 641 €
Q4 20252 193 927 €57156 758 €
Q3 20251 863 085 €57173 596 €
Q2 20252 565 776 €61156 856 €
Q1 20252 227 176 €60155 997 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue6 896 2516 700 1945 892 4817 105 3457 305 550
Net profit77 139−154 694−189 41614 360344 259
Retained earnings−131 247−54 108−208 802−398 218−383 858
Total assets2 840 4212 455 7182 411 1752 265 2512 198 722
Total liabilities2 281 9152 051 9062 196 7792 036 4951 625 707
Total equity558 506403 812214 396228 756573 015
Employees6265596157
Average gross salary (monthly)13751429156116841806
Calculated dividend00000

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 obligations2 notes5 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

47,5%29,97%17,53%5%Woodman OÜTSE OÜOÜ FARAD GROUPServa Holding OÜ3Tarvo MardoTõnu Saat4Toomas Sutrop9+Urmas Vahur
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

27 records

State aid and de minimis aid in total 437 969 € (2014–2026). Largest grantors: SA Keskkonnainvesteeringute Keskus (284 555 €), Ettevõtluse ja Innovatsiooni Sihtasutus (138 194 €), Eesti Töötukassa (14 002 €), Riigi Tugiteenuste Keskus (1218 €).

Show all aid records (27)
2026107 687 €
2025987 €
202414 002 €
20223227 €
2021622 €
2020100 000 €
2019181 697 €
201817 705 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusMuu104 839 €12.06.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee10 €*09.06.2026
Eesti TöötukassaPalgatoetus VTA2838 €28.04.2026
Riigi Tugiteenuste KeskusMuu390 €27.11.2025
Riigi Tugiteenuste KeskusMuu140 €01.10.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee457 €*31.03.2025
Eesti TöötukassaKoolitus VTA10 384 €26.04.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee3618 €*08.04.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee3227 €*06.04.2022
Riigi Tugiteenuste KeskusMuu72 €02.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee550 €*30.04.2021
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.2 "Laenugarantiidena antav abi" · Guarantee100 000 €28.04.2020
SA Keskkonnainvesteeringute KeskusMuu176 216 €09.09.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee438 €*07.05.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee1543 €*07.05.2019
SA Keskkonnainvesteeringute KeskusNõustamine VTA3500 €23.04.2019
Ettevõtluse ja Innovatsiooni SihtasutusVKEde messil osalemine (VTA)17 089 €06.09.2018
Riigi Tugiteenuste KeskusNõustamine VTA616 €18.04.2018
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA981 €15.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA90 €20.10.2015
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA90 €24.09.2015
Eesti TöötukassaPalgatoetus VTA780 €11.08.2015
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee327 €*07.05.2015
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee2110 €*24.02.2015
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee767 €*22.08.2014
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee6827 €*03.06.2014
Ettevõtluse ja Innovatsiooni SihtasutusMuu · Guarantee70 €*03.06.2014

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.

Related companies

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Same activity — Manufacture of furniture (except mattresses)

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