Osaühing Finest Welding
RegisteredKey figures
Ratios
2025Summary: Osaühing Finest Welding
What kind of company is it?
Osaühing Finest Welding (registry code 11521953) 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: Tobia küla, Rakvere vald, Lääne-Viru maakond. According to the latest annual report, the main activity is manufacture of metal structures and parts (EMTAK 2511). The company is registered for VAT (VAT number EE101365000).
How is the company doing financially?
Revenue in financial year 2025 was 864 754 €, up 38,4% on the previous year (624 916 €). Financial year 2025 ended with a loss of 39 880 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 17 employees (16 a year earlier). Revenue per employee was 50 868 €. At the end of financial year 2025, total assets were 125 178 € and equity 9304 € (7,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 198 834 €, down 7,5% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 52 860 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1980 € 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 16.03.2026. 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 | 198 834 € | 17 | 52 860 € |
| Q2 2026 | 223 245 € | 17 | 47 819 € |
| Q1 2026 | 171 147 € | 17 | 38 488 € |
| Q4 2025 | 262 560 € | 17 | 52 208 € |
| Q3 2025 | 215 010 € | 20 | 53 627 € |
| Q2 2025 | 239 266 € | 19 | 50 333 € |
| Q1 2025 | 155 460 € | 17 | 33 632 € |
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 | 878 112 | 1 101 185 | 940 449 | 624 916 | 864 754 |
| Net profit | −17 790 | 28 326 | −31 711 | −55 578 | −39 880 |
| Retained earnings | 123 381 | 105 591 | 133 917 | 102 206 | 46 628 |
| Total assets | 197 390 | 213 824 | 151 908 | 144 646 | 125 178 |
| Total liabilities | 89 243 | 77 351 | 47 146 | 95 462 | 115 874 |
| Total equity | 108 147 | 136 473 | 104 762 | 49 184 | 9304 |
| Employees | 24 | 26 | 24 | 16 | 17 |
| Average gross salary (monthly) | 1940 | 2180 | 2119 | 1938 | 2953 |
| 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.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 11 913 € (2025). Largest grantors: Eesti Töötukassa (11 913 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 11 913 € | 25.02.2025 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
- Ericsson Eesti Aktsiaselts417 m €
- Enefit Industry OÜ320 m €
- VKG OIL AS274 m €
- Foxway OÜ251 m €
- AS Maag Eesti191 m €