WORKSTAR OÜ

Registered
11684007Private limited company (OÜ)Founded 2009
Tax debt 7897 € as of 09.11.2026.Source: Tax and Customs Board

Key figures

124 227 €−9,1%
Revenue 2025
+23,6%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: WORKSTAR OÜ

What kind of company is it?

WORKSTAR OÜ (registry code 11684007) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of bread; manufacture of fresh pastry goods and cakes (EMTAK 10711). The company is registered for VAT (VAT number EE101360791).

How is the company doing financially?

Revenue in financial year 2025 was 124 227 €, down 9,1% on the previous year (136 622 €). From 2019 to 2025, revenue grew by an average of 23,6% per year. Net profit for financial year 2025 was 25 879 € (20,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 62 114 €. At the end of financial year 2025, total assets were 70 358 € and equity 49 945 € (71,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 27 468 €, down 33,3% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 7076 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1220 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 18.06.2026. 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 202627 468 €47076 €
Q2 202619 695 €45996 €
Q1 202619 921 €45050 €
Q4 202533 350 €48919 €
Q3 202541 152 €44466 €
Q2 202527 908 €34372 €
Q1 202523 591 €34047 €

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

Dividends

calculated
2025

Distributed as dividends 5000 € (19% of distributable profit).

History
20255000 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue47 73583 012122 910136 622124 227
Net profit−2926327307861925 879
Retained earnings11 54811 25617 58417 89121 510
Total assets30 74239 92436 73753 28570 358
Total liabilities16 93019 78516 29024 21920 413
Total equity13 81220 13920 44729 06649 945
Employees23322
Average gross salary (monthly)74545580819871903
Calculated dividend00005000

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 issue6 clear
Register status
Registered
Business Register
Tax debt
7897 €
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
All on time
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.

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50%50%WORKSTAR OÜAra Matinjan2Azat Matinjan
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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