Process Welding OÜ

Registered
12995363Private limited company (OÜ)Founded 2016

Key figures

118 734 €−6,7%
Revenue 2025
−4,4%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Process Welding OÜ

What kind of company is it?

Process Welding OÜ (registry code 12995363) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Viru-Nigula alevik, Viru-Nigula vald, Lääne-Viru maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE101915078).

How is the company doing financially?

Revenue in financial year 2025 was 118 734 €, down 6,7% on the previous year (127 279 €). From 2019 to 2025, revenue declined by an average of 4,4% per year. Net profit for financial year 2025 was 16 058 € (13,5% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 59 367 €. At the end of financial year 2025, total assets were 179 960 € and equity 161 719 € (89,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 21 667 €, down 23,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2108 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € 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 18.05.2026. 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 202621 667 €22108 €
Q2 202638 264 €22108 €
Q1 202648 013 €22118 €
Q4 202539 440 €22138 €
Q3 202528 272 €22138 €
Q2 202518 509 €22166 €
Q1 202520 625 €22117 €

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 revenue134 482188 28091 810127 279118 734
Net profit91955378−888815 97916 058
Retained earnings122 115131 310136 689127 669143 161
Total assets135 877145 574133 055169 614179 960
Total liabilities20676386275423 46618 241
Total equity133 810139 188130 301146 148161 719
Employees24222
Average gross salary (monthly)311307714937751
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 obligationsAll 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
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

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100%Process Welding OÜ2Aleksandr Gumenjuk
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 26 296 € (2019–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (26 270 €), MTÜ Maakondlikud Arenduskeskused (27 €).

Show all aid records (5)
202612 440 €
202527 €
20223831 €
20219998 €
20190 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud12 440 €19.03.2026
MTÜ Maakondlikud ArenduskeskusedMuu27 €20.02.2025
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud3831 €08.12.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud9998 €18.06.2021
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud0 €18.06.2019

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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