Genetrade Wood Baltic OÜ
RegisteredKey figures
Ratios
2025Summary: Genetrade Wood Baltic OÜ
What kind of company is it?
Genetrade Wood Baltic OÜ (registry code 11330367) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Põlva linn, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is processing and finishing of wood (EMTAK 16121). The company is registered for VAT (VAT number EE101221335).
How is the company doing financially?
Revenue in financial year 2025 was 461 733 €, up 12,3% on the previous year (410 998 €). From 2019 to 2025, revenue grew by an average of 3,5% per year. Financial year 2025 ended with a loss of 3379 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 12 employees (11 a year earlier). Revenue per employee was 38 478 €. At the end of financial year 2025, total assets were 248 749 € and equity 2510 € (1,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 147 233 €, up 47,0% on the same quarter a year earlier. The company had 13 employees in that quarter. Labour taxes paid in the quarter: 32 949 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1650 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Oy Genetrade Wood Products Ab.
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 16.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 147 233 € | 13 | 32 949 € |
| Q2 2026 | 162 725 € | 12 | 30 406 € |
| Q1 2026 | 160 747 € | 14 | 31 504 € |
| Q4 2025 | 141 187 € | 13 | 34 008 € |
| Q3 2025 | 100 182 € | 13 | 34 216 € |
| Q2 2025 | 152 452 € | 13 | 27 855 € |
| Q1 2025 | 70 225 € | 12 | 25 880 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 381 376 | 648 267 | 562 102 | 410 998 | 461 733 |
| Net profit | 2652 | 51 623 | 118 622 | 1811 | −3379 |
| Retained earnings | −171 631 | −168 979 | −117 356 | 1266 | 3077 |
| Total assets | 203 074 | 199 497 | 213 412 | 254 154 | 248 749 |
| Total liabilities | 369 241 | 314 041 | 209 334 | 248 265 | 246 239 |
| Total equity | −166 167 | −114 544 | 4078 | 5889 | 2510 |
| Employees | 12 | 16 | 13 | 11 | 12 |
| Average gross salary (monthly) | 1203 | 1063 | 1394 | 1486 | 1526 |
| Calculated dividend | 0 | 0 | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
38 recordsState aid and de minimis aid in total 124 952 € (2018–2026). Largest grantors: Riigi Tugiteenuste Keskus (105 079 €), Ettevõtluse ja Innovatsiooni Sihtasutus (11 756 €), Eesti Töötukassa (6160 €), MTÜ Maakondlikud Arenduskeskused (1957 €).
Show all aid records (38)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2280 € | 28.09.2026 |
| Riigi Tugiteenuste Keskus | Muu | 709 € | 07.09.2026 |
| Riigi Tugiteenuste Keskus | Investeeringud | 47 628 € | 12.05.2026 |
| Riigi Tugiteenuste Keskus | Muu | 547 € | 07.05.2026 |
| Riigi Tugiteenuste Keskus | Muu | 208 € | 08.04.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 3711 € | 24.03.2026 |
| Riigi Tugiteenuste Keskus | Muu | 2616 € | 23.03.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 267 € | 12.03.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 265 € | 18.02.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 253 € | 15.01.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 1909 € | 03.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2010 € | 11.04.2025 |
| Riigi Tugiteenuste Keskus | Muu | 47 € | 04.12.2024 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 150 € | 22.11.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 1847 € | 20.11.2024 |
| Riigi Tugiteenuste Keskus | Muu | 798 € | 08.11.2024 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 768 € | 01.10.2024 |
| Riigi Tugiteenuste Keskus | Muu | 15 € | 30.09.2024 |
| Riigi Tugiteenuste Keskus | Muu | 1932 € | 27.08.2024 |
| Riigi Tugiteenuste Keskus | Investeeringud | 39 060 € | 22.08.2024 |
| Riigi Tugiteenuste Keskus | Muu | 190 € | 16.08.2024 |
| Riigi Tugiteenuste Keskus | Muu | 70 € | 27.05.2024 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 253 € | 26.04.2024 |
| Riigi Tugiteenuste Keskus | Muu | 480 € | 04.04.2024 |
| Riigi Tugiteenuste Keskus | Muu | 243 € | 18.03.2024 |
| Riigi Tugiteenuste Keskus | Muu | 500 € | 18.03.2024 |
| Riigi Tugiteenuste Keskus | Muu | 840 € | 28.12.2023 |
| Riigi Tugiteenuste Keskus | Muu | 7110 € | 01.12.2023 |
| Riigi Tugiteenuste Keskus | Nõustamine VTA | 675 € | 05.05.2023 |
| Riigi Tugiteenuste Keskus | Muu | 343 € | 03.10.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 3665 € | 13.06.2022 |
| Eesti Töötukassa | Nõustamine VTA | 491 € | 13.06.2022 |
| Eesti Töötukassa | Nõustamine VTA | 491 € | 13.06.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 1428 € | 18.11.2021 |
| Riigi Tugiteenuste Keskus | Muu | 210 € | 31.03.2021 |
| Riigi Tugiteenuste Keskus | Muu | 270 € | 29.04.2019 |
| Eesti Töötukassa | Palgatoetus VTA | 86 € | 08.10.2018 |
| Riigi Tugiteenuste Keskus | Muu | 588 € | 15.01.2018 |
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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