WeldMet Solution OÜ
RegisteredKey figures
Ratios
2024Summary: WeldMet Solution OÜ
What kind of company is it?
WeldMet Solution OÜ (registry code 12181828) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Viimsi alevik, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is manufacture of other structural metal products and parts (EMTAK 25119). The company is registered for VAT (VAT number EE101504201).
How is the company doing financially?
Revenue in financial year 2024 was 2 451 364 €, up 9,4% on the previous year (2 241 347 €). From 2019 to 2024, revenue grew by an average of 4,1% per year. Net profit for financial year 2024 was 252 174 € (10,3% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 12 employees (13 a year earlier). Revenue per employee was 204 280 €. At the end of financial year 2024, total assets were 2 044 026 € and equity 1 083 523 € (53,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 335 065 €, down 36,8% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 62 214 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2570 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (55%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 29.12.2025. 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 | 335 065 € | 15 | 62 214 € |
| Q2 2026 | 795 742 € | 14 | 62 917 € |
| Q1 2026 | 773 861 € | 15 | 56 339 € |
| Q4 2025 | 634 097 € | 14 | 57 884 € |
| Q3 2025 | 530 357 € | 15 | 64 504 € |
| Q2 2025 | 607 520 € | 14 | 57 767 € |
| Q1 2025 | 796 438 € | 14 | 65 733 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 181 242 € (18% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 2 511 912 | 1 574 130 | 1 884 261 | 2 241 347 | 2 451 364 |
| Net profit | 466 655 | −234 154 | −34 618 | 182 451 | 252 174 |
| Retained earnings | 1 020 613 | 1 282 439 | 1 033 661 | 827 640 | 828 599 |
| Total assets | 1 902 441 | 1 484 181 | 1 633 221 | 2 060 282 | 2 044 026 |
| Total liabilities | 412 673 | 433 396 | 631 678 | 1 047 691 | 960 503 |
| Total equity | 1 489 768 | 1 050 785 | 1 001 543 | 1 012 591 | 1 083 523 |
| Employees | 12 | 13 | 12 | 13 | 12 |
| Average gross salary (monthly) | 2245 | 2200 | 2118 | 2382 | 2933 |
| Calculated dividend | 77 496 | 204 829 | 14 624 | 171 403 | 181 242 |
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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 261 500 € (2023). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (261 500 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Investeeringuteks ettenähtud regionaalabi (artikkel 14) | 172 000 € | 10.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele nõustamiseks antav abi (artikkel 18) | 11 000 € | 10.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Protsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29) | 62 500 € | 10.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitusabi | 4000 € | 10.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 12 000 € | 10.04.2023 |
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 ↗
Change history
1 change- 12.10.2026*Address changed: Harju maakond, Viimsi vald, Viimsi alevik, Aiandi tee 21e · previously: Harju maakond, Viimsi vald, Viimsi alevik, Aiandi tee 19/2
Entered in the register on 25.10.2011.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.