Westmore OÜ

Registered
11725545Private limited company (OÜ)Founded 2009

Key figures

69 349 €+45,4%
Revenue 2025
−7,0%
Average annual change 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Westmore OÜ

What kind of company is it?

Westmore OÜ (registry code 11725545) 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: Kose küla, Jõhvi vald, Ida-Viru maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE101333223).

How is the company doing financially?

Revenue in financial year 2025 was 69 349 €, up 45,4% on the previous year (47 699 €). From 2019 to 2025, revenue declined by an average of 7,0% per year. Net profit for financial year 2025 was 10 230 € (14,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 69 349 €. At the end of financial year 2025, total assets were 411 931 € and equity 400 441 € (97,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 682 €, down 49,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1561 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1100 € 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 06.06.2026. 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 2026682 €11561 €
Q2 202610 938 €11561 €
Q1 202645 707 €11561 €
Q4 202527 288 €11561 €
Q3 20251360 €11561 €
Q2 20253287 €11561 €
Q1 202515 898 €11530 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
2022110 999 €
20218000 €
20208110 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue88 26889 41930 60947 69969 349
Net profit−12 43499 477−25 073−25 51210 230
Retained earnings461 800338 367437 844412 771387 259
Total assets453 186444 781417 096392 533411 931
Total liabilities86839851373232211 490
Total equity452 318440 796415 723390 211400 441
Employees11111
Average gross salary (monthly)762868889889912
Calculated dividend8000110 999000

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
Register status
Registered
Business Register
Tax debt
None
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.

Connections graph
100%Westmore OÜOlavi Puust
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

18 records

State aid and de minimis aid in total 16 024 € (2016–2026). Largest grantors: SA Keskkonnainvesteeringute Keskus (10 443 €), Eesti Töötukassa (5581 €).

Show all aid records (18)
20263176 €
2024100 €
20231042 €
20223048 €
202180 €
2020259 €
2019444 €
20183233 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1272 €30.09.2026
SA Keskkonnainvesteeringute KeskusKliimakindla metsa kujundamise toetus1904 €02.07.2026
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €08.05.2024
SA Keskkonnainvesteeringute KeskusMetsa uuendamine800 €25.10.2023
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine242 €05.04.2023
SA Keskkonnainvesteeringute KeskusVäljaspool Natura 2000 võrgustiku ala asuvate erametsaalade looduskaitseliste piirangute hüvitamise toetus357 €10.11.2022
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1000 €07.10.2022
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine100 €25.04.2022
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine269 €31.03.2022
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1322 €16.03.2022
SA Keskkonnainvesteeringute KeskusErametsaomanike nõustamine80 €11.03.2021
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine259 €03.04.2020
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine444 €03.04.2019
Eesti TöötukassaPalgatoetus VTA2650 €22.09.2018
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine582 €04.04.2018
Eesti TöötukassaPalgatoetus VTA2931 €10.10.2017
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1472 €03.11.2016
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine ja metsamajandamiskava koostamine240 €04.04.2016

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

Largest in the same sector — Agriculture, forestry and fishing
Same activity — Timber harvesting
Same address

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