Splitwood Group OÜ
RegisteredKey figures
Ratios
2025Summary: Splitwood Group OÜ
What kind of company is it?
Splitwood Group OÜ (registry code 11477296) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Võru linn, Võru maakond. According to the latest annual report, the main activity is firewood production (EMTAK 02202). The company is registered for VAT (VAT number EE101850696).
How is the company doing financially?
Revenue in financial year 2025 was 597 312 €, down 12,3% on the previous year (680 780 €). Net profit for financial year 2025 was 816 € (0,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees (8 a year earlier). Revenue per employee was 119 462 €. At the end of financial year 2025, total assets were 435 248 € and equity 357 800 € (82,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 95 425 €, up 48,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 7554 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1070 € 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 29.06.2026. 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 | 95 425 € | 5 | 7554 € |
| Q2 2026 | 152 197 € | 4 | 10 519 € |
| Q1 2026 | 237 846 € | 5 | 10 865 € |
| Q4 2025 | 207 973 € | 6 | 12 022 € |
| Q3 2025 | 64 226 € | 5 | 7090 € |
| Q2 2025 | 139 612 € | 4 | 11 583 € |
| Q1 2025 | 164 428 € | 7 | 10 833 € |
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 | 442 347 | 1 003 038 | 787 368 | 680 780 | 597 312 |
| Net profit | −40 038 | 115 343 | 65 449 | 38 065 | 816 |
| Retained earnings | 175 372 | 135 333 | 250 676 | 316 125 | 354 190 |
| Total assets | 413 879 | 396 981 | 372 574 | 398 101 | 435 248 |
| Total liabilities | 275 751 | 143 511 | 53 655 | 41 117 | 77 448 |
| Total equity | 138 128 | 253 470 | 318 919 | 356 984 | 357 800 |
| Employees | 9 | 7 | 7 | 8 | 5 |
| Average gross salary (monthly) | 858 | 1077 | 1149 | 918 | 1357 |
| 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
3 recordsState aid and de minimis aid in total 52 815 € (2019–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (49 148 €), Eesti Töötukassa (3472 €), Ettevõtluse ja Innovatsiooni Sihtasutus (195 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 195 €* | 23.04.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 3472 € | 11.09.2019 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 49 148 € | 08.01.2019 |
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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