Laftwerk OÜ

Registered
11496286Private limited company (OÜ)Founded 2008
Tax debt 5623 € as of 09.11.2026.Source: Tax and Customs Board

Key figures

3215 €−95,8%
Revenue 2025
+82,9%
Average annual growth 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Laftwerk OÜ

What kind of company is it?

Laftwerk OÜ (registry code 11496286) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE102617171).

How is the company doing financially?

Revenue in financial year 2025 was 3215 €, down 95,8% on the previous year (77 216 €). From 2019 to 2025, revenue grew by an average of 82,9% per year. Financial year 2025 ended with a loss of 12 245 €. The company was profitable in 4 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 61 355 € and equity 37 938 € (61,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 2500 €, up 453% on the same quarter a year earlier. Labour taxes paid in the quarter: 596 €.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is osaühing "Madal ja Partnerid".

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 10.07.2026. 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 20262500 €—596 €
Q2 20263000 €—0 €
Q1 20260 €—0 €
Q4 20250 €—0 €
Q3 2025452 €—78 €
Q2 20252763 €—460 €
Q1 20250 €—153 €

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 revenue024 37783 34477 2163215
Net profit010 74016 55414 152−12 245
Retained earnings6181618116 92133 47547 627
Total assets880719 51380 44072 52161 355
Total liabilities703644 40922 33823 417
Total equity873719 47736 03150 18337 938
Employees00110
Average gross salary (monthly)——303530—
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 obligations1 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
5623 €
as of 09.11.2026
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, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Laftwerk OÜosaühing "Madal ja Pa…5Elina Madal
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 543 € (2017–2023). Largest grantors: Eesti Töötukassa (480 €), Ettevõtluse ja Innovatsiooni Sihtasutus (63 €).

Show all aid records (2)
2023480 €
201763 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA480 €05.06.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu63 €19.04.2017

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 ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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