Weldman OÜRegistered
Key figures
Ratios
2024/25Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 57 932 € | 4 | 2581 € |
| Q2 2026 | 77 493 € | 3 | 4160 € |
| Q1 2026 | 70 059 € | 4 | 3764 € |
| Q4 2025 | 85 219 € | 3 | 4117 € |
| Q3 2025 | 40 838 € | 3 | 4761 € |
| Q2 2025 | 84 640 € | 4 | 7083 € |
| Q1 2025 | 72 064 € | 3 | 7678 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 48 500 € (25% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 236 503 | 221 158 | 228 722 | 157 161 | 76 589 | 36 124 | 8441 |
| Total non-current assets | 43 277 | 78 716 | 63 831 | 121 399 | 152 189 | 175 180 | 161 626 |
| Total assets | 279 780 | 299 874 | 292 553 | 278 560 | 228 778 | 211 304 | 170 067 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 9185 | 13 759 | 17 525 | 37 215 | 14 854 | 16 228 | 7700 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 9185 | 13 759 | 17 525 | 37 215 | 14 854 | 16 228 | 7700 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 101 778 | 208 039 | 243 558 | 207 473 | 178 789 | 150 368 | 144 020 |
| Profit for the year | 166 261 | 75 520 | 28 914 | 31 316 | 32 579 | 42 152 | 15 791 |
| Total equity | 270 595 | 286 115 | 275 028 | 241 345 | 213 924 | 195 076 | 162 367 |
| Income statement | |||||||
| Sales revenue | 651 452 | 803 980 | 499 516 | 774 662 | 736 160 | 345 946 | 273 641 |
| Operating profit | 166 321 | 89 924 | 38 252 | 45 565 | 38 989 | 56 548 | 28 392 |
| EBITDA | 174 691 | 101 048 | 48 335 | 62 099 | 58 273 | 69 379 | 47 755 |
| Profit before income tax | 166 261 | 89 932 | 38 268 | 46 622 | 44 766 | 56 244 | 27 892 |
| Profit for the reporting year | 166 261 | 75 520 | 28 914 | 31 316 | 32 579 | 42 152 | 15 791 |
| Labour costs | 31 132 | 51 675 | 45 820 | 99 464 | 110 789 | 60 095 | 57 676 |
| Depreciation of non-current assets | 8370 | 11 124 | 10 083 | 16 534 | 19 284 | 12 831 | 19 363 |
| Other indicators | |||||||
| Employees | 2 | 2 | 3 | 4 | 4 | 3 | 2 |
| Calculated dividend | — | 60 000 | 40 001 | 64 999 | 60 000 | 61 000 | 48 500 |
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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Public procurement
2 contractsPublic contracts won worth 207 120 € from 1 contracting authorities (22.01.2025–06.03.2025).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Keevitaja algõppe koolitus | Eesti Töötukassa | 132 120 € | 06.03.2025 |
| Keevitaja algõppe koolitus · Jõhvi linn ja/või Kohtla-Järve linn | Eesti Töötukassa | 75 000 € | 22.01.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Weldman OÜ
Overview
Weldman OÜ (registry code 11994541) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is other education n.e.c. (EMTAK 85599). The company is registered for VAT (VAT number EE101458483).
Financial results
Revenue in financial year 2024/25 was 273 641 €, down 20,9% on the previous year (345 946 €). From 2019 to 2024/25, revenue declined by an average of 13,5% per year. This is the company's lowest revenue among the published years (2019–2024/25). Net profit for financial year 2024/25 was 15 791 € (5,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2024/25 the company had 2 employees (3 a year earlier). Revenue per employee was 136 821 €. At the end of financial year 2024/25, total assets were 170 067 € and equity 162 367 € (95,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 57 932 €, up 41,9% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 2581 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 580 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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 2024/25) was filed on 23.02.2026. 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.