W.Niinelaid OÜ

Registered
12367486Private limited company (OÜ)Founded 2012
Tax debt 15 470 € as of 10.11.2026 (incl. 9261 € in a payment schedule).Source: Tax and Customs Board

Key figures

672 126 €−39,2%
Revenue 2025
−4,8%
Average annual change 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: W.Niinelaid OÜ

What kind of company is it?

W.Niinelaid OÜ (registry code 12367486) 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: Rakvere linn, Lääne-Viru maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE101582841).

How is the company doing financially?

Revenue in financial year 2025 was 672 126 €, down 39,2% on the previous year (1 105 412 €). From 2019 to 2025, revenue declined by an average of 4,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 42 250 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 6 employees (9 a year earlier). Revenue per employee was 112 021 €. At the end of financial year 2025, total assets were 465 649 € and equity 110 381 € (23,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 203 155 €, up 21,8% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 6546 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 830 € 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 30.06.2026. 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 2026203 155 €66546 €
Q2 2026194 223 €65507 €
Q1 2026174 396 €56254 €
Q4 2025177 170 €58490 €
Q3 2025166 850 €79425 €
Q2 2025180 831 €610 235 €
Q1 2025171 048 €613 899 €

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
20212022202320242025
Sales revenue1 281 3261 113 314905 0891 105 412672 126
Net profit24 24648 81440 6626101−42 250
Retained earnings30 05854 304103 118143 780149 881
Total assets334 351321 675556 302593 856465 649
Total liabilities277 297215 807409 772441 225355 268
Total equity57 054105 868146 530152 631110 381
Employees1914996
Average gross salary (monthly)614709811951998
Calculated dividend00000

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
15 470 €
as of 10.11.2026 (incl. 9261 € in a payment schedule)
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%W.Niinelaid OÜWillem Niinelaid
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 19 € (2021). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (19 €).

Show all aid records (1)
202119 €

The total also includes 1 tax reductions worth 19 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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