Rectus Wood OÜ

Registered
14053158Private limited company (OÜ)Founded 2016

Key figures

168 723 €−11,0%
Revenue 2025
−0,2%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Rectus Wood OÜ

What kind of company is it?

Rectus Wood OÜ (registry code 14053158) 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: Karksi-Nuia linn, Mulgi vald, Viljandi 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 EE101889081).

How is the company doing financially?

Revenue in financial year 2025 was 168 723 €, down 11,0% on the previous year (189 658 €). Net profit for financial year 2025 was 1278 € (0,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 84 362 €. Based on labour costs in the report, the estimated average gross salary was about 1580 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 16 439 €, down 39,4% on the same quarter a year earlier. Labour taxes paid in the quarter: 2586 €.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 3 owners. The largest stake (33,3%) is held by a private individual.

What should you look out for?

Equity was negative at the end of financial year 2025 (−12 187 €). Equity is below half of the share capital (3000 €); in this case the Commercial Code requires measures to restore equity.

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 202616 439 €—2586 €
Q2 202654 869 €27866 €
Q1 202651 232 €36537 €
Q4 202549 686 €34962 €
Q3 202527 126 €24553 €
Q2 202540 146 €24463 €
Q1 202544 448 €25442 €

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 revenue255 935173 646154 810189 658168 723
Net profit10 65511 928−29 008−21061278
Retained earnings−7934272114 649−14 359−16 465
Total assets68 42899 95340 85041 89443 401
Total liabilities62 70782 30452 20955 35955 588
Total equity572117 649−11 359−13 465−12 187
Employees42332
Average gross salary (monthly)9821293146113131582
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 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: 2024
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

Click a node to see its other connections.

33,33%33,33%33,33%Rectus Wood OÜ7Reno Toodo1Tamo Toodo1Veikko Koitla
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 54 026 € (2017–2020). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (38 410 €), Riigi Tugiteenuste Keskus (15 616 €).

Show all aid records (4)
202017 193 €
2018616 €
201736 217 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud17 193 €15.06.2020
Riigi Tugiteenuste KeskusNõustamine VTA616 €18.04.2018
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud21 217 €12.09.2017
Riigi Tugiteenuste KeskusMuu15 000 €11.05.2017

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

Loading list of reports…

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

Related companies