Wellamo OÜ

Registered
12748366Private limited company (OÜ)Founded 2014

Key figures

379 227 €−3,8%
Revenue 2025
+2,1%
Average annual growth 2019–2025
0200 k400 k600 k2019202020212022202320242025

Ratios

2025

Summary: Wellamo OÜ

What kind of company is it?

Wellamo OÜ (registry code 12748366) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of wood, construction materials and sanitary equipment (EMTAK 4683). The company is registered for VAT (VAT number EE101763136).

How is the company doing financially?

Revenue in financial year 2025 was 379 227 €, down 3,8% on the previous year (394 021 €). From 2019 to 2025, revenue grew by an average of 2,1% per year. Financial year 2025 ended with a loss of 13 979 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 189 614 €. At the end of financial year 2025, total assets were 506 898 € and equity 392 196 € (77,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 140 817 €, up 2,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 6585 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2080 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (51%) is held by 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 14.07.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026140 817 €26585 €
Q2 2026123 864 €26585 €
Q1 202681 264 €27133 €
Q4 202585 747 €28229 €
Q3 2025137 442 €27997 €
Q2 2025108 339 €27533 €
Q1 202579 916 €27373 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 1029 € (<1% of distributable profit).

History
20251029 €
20240 €
20230 €
20220 €
20218000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue454 426480 079463 495394 021379 227
Net profit72 82463 76744 41041 368−13 979
Retained earnings182 085254 909318 676363 086403 425
Total assets419 960472 741503 116519 572506 898
Total liabilities162 301151 315137 280112 368114 702
Total equity257 659321 426365 836407 204392 196
Employees22222
Average gross salary (monthly)15461963200019832044
Calculated dividend80000001029

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 note6 clear
Register status
Registered
Business Register
Tax debt
None
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
Filed late: 2025
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
51%49%Wellamo OÜTarmo TõnismägiRain Zõbin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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