Westwood Group OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Westwood Group OÜ
What kind of company is it?
Westwood Group OÜ (registry code 12292150) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Kuremaa alevik, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is agents specialised in the sale of other particular products (EMTAK 46181). The company is registered for VAT (VAT number EE101542302).
How is the company doing financially?
Revenue in financial year 2025 was 4 980 907 €, down 24,1% on the previous year (6 560 826 €). From 2019 to 2025, revenue declined by an average of 10,6% per year. Net profit for financial year 2025 was 184 101 € (3,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 9 employees (7 a year earlier). Revenue per employee was 553 434 €. At the end of financial year 2025, total assets were 10 935 939 € and equity 8 124 723 € (74,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 759 776 €, down 19,5% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 38 620 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2040 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 08.07.2026. 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 | 759 776 € | 12 | 38 620 € |
| Q2 2026 | 1 160 048 € | 13 | 42 776 € |
| Q1 2026 | 1 183 243 € | 13 | 42 157 € |
| Q4 2025 | 1 099 363 € | 12 | 36 516 € |
| Q3 2025 | 943 572 € | 9 | 35 683 € |
| Q2 2025 | 1 196 357 € | 9 | 34 891 € |
| Q1 2025 | 1 339 471 € | 9 | 30 954 € |
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 | 32 278 653 | 15 713 388 | 2 460 333 | 6 560 826 | 4 980 907 |
| Net profit | 3 444 757 | 701 125 | 228 056 | 184 927 | 184 101 |
| Retained earnings | 3 379 257 | 6 824 014 | 7 525 139 | 7 753 195 | 7 938 122 |
| Total assets | 10 453 793 | 9 764 316 | 9 926 287 | 10 609 647 | 10 935 939 |
| Total liabilities | 3 627 279 | 2 236 677 | 2 170 592 | 2 669 025 | 2 811 216 |
| Total equity | 6 826 514 | 7 527 639 | 7 755 695 | 7 940 622 | 8 124 723 |
| Employees | 10 | 7 | 5 | 7 | 9 |
| Average gross salary (monthly) | 1452 | 1716 | 2587 | 2626 | 2378 |
| 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 obligations2 notes5 clear
Data from public registers, not a credit rating.
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Public procurement
The company is itself a contracting authority: 1 tenders. View tenders →
State aid and grants
3 recordsState aid and de minimis aid in total 238 117 € (2016–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (189 852 €), Ettevõtluse ja Innovatsiooni Sihtasutus (48 265 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 189 852 € | 21.09.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Soft loan | 23 167 €* | 23.02.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Soft loan | 25 098 €* | 02.02.2016 |
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
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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