Glasstech OÜ
RegisteredKey figures
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2025Summary: Glasstech OÜ
What kind of company is it?
Glasstech OÜ (registry code 12469133) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Vahi alevik, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE101634223).
How is the company doing financially?
Revenue in financial year 2025 was 412 023 €, up 14,2% on the previous year (360 770 €). From 2019 to 2025, revenue grew by an average of 10,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 7390 € (1,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 412 023 €. At the end of financial year 2025, total assets were 389 852 € and equity 179 370 € (46,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 146 044 €, up 10,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2590 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 950 € 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 29.07.2026. 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 | 146 044 € | 2 | 2590 € |
| Q2 2026 | 175 104 € | 2 | 2846 € |
| Q1 2026 | 113 985 € | 2 | 2403 € |
| Q4 2025 | 125 258 € | 2 | 3596 € |
| Q3 2025 | 132 406 € | 3 | 3078 € |
| Q2 2025 | 57 641 € | 3 | 2230 € |
| Q1 2025 | 84 739 € | 1 | 3527 € |
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 | 267 123 | 267 770 | 334 941 | 360 770 | 412 023 |
| Net profit | 16 624 | 9225 | 11 291 | 14 094 | 7390 |
| Retained earnings | 118 246 | 134 870 | 144 095 | 155 386 | 169 480 |
| Total assets | 249 667 | 349 852 | 316 418 | 351 234 | 389 852 |
| Total liabilities | 112 297 | 203 257 | 158 532 | 179 254 | 210 482 |
| Total equity | 137 370 | 146 595 | 157 886 | 171 980 | 179 370 |
| Employees | 2 | 2 | 2 | 2 | 1 |
| Average gross salary (monthly) | 1353 | 1232 | 1270 | 1691 | 1806 |
| 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 obligations1 issue1 note1 for information4 clear
Data from public registers, not a credit rating.
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State aid and grants
8 recordsState aid and de minimis aid in total 236 444 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (167 214 €), Ettevõtluse ja Innovatsiooni Sihtasutus (67 259 €), Eesti Töötukassa (1971 €).
Show all aid records (8)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 34 703 € | 15.05.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Innovatsiooni osak | 7424 € | 25.03.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 1971 € | 27.09.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 6384 € | 06.10.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 15 000 € | 15.04.2021 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 55 340 € | 16.12.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Innovatsiooni osak | 3748 € | 14.06.2017 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 111 874 € | 20.01.2017 |
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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