WELLWORKS OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 34 299 € | 1 | 3352 € |
| Q2 2026 | 46 074 € | 1 | 4991 € |
| Q1 2026 | 53 051 € | 1 | 5257 € |
| Q4 2025 | 45 906 € | 1 | 5275 € |
| Q3 2025 | 33 330 € | 1 | 3516 € |
| Q2 2025 | 40 011 € | 1 | 3516 € |
| Q1 2025 | 77 895 € | 1 | 3478 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 10 000 € (3% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 87 017 | 108 756 | 55 394 | 178 434 | 60 340 | 38 787 | 121 350 |
| Total non-current assets | 120 293 | 122 423 | 269 271 | 258 567 | 553 686 | 490 532 | 494 258 |
| Total assets | 207 310 | 231 179 | 324 665 | 437 001 | 614 026 | 529 319 | 615 608 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 5994 | 11 691 | 8070 | 7593 | 13 832 | 33 071 | 16 797 |
| Non-current liabilities | 17 432 | 0 | 13 079 | 9791 | 107 110 | 101 290 | 110 996 |
| Total liabilities | 23 426 | 11 691 | 21 149 | 17 384 | 120 942 | 134 361 | 127 793 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 81 978 | 101 134 | 174 802 | 263 132 | 389 985 | 313 850 | 382 208 |
| Profit for the year | 99 156 | 115 604 | 125 964 | 153 735 | 100 349 | 78 358 | 102 857 |
| Reserves and other equity | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
| Total equity | 183 884 | 219 488 | 303 516 | 419 617 | 493 084 | 394 958 | 487 815 |
| Income statement | |||||||
| Sales revenue | 175 208 | 191 439 | 224 351 | 182 039 | 203 624 | 218 938 | 159 995 |
| Operating profit | 113 586 | 135 857 | 132 864 | 160 266 | 110 405 | 127 193 | 79 756 |
| EBITDA | 121 598 | 145 595 | 141 201 | 176 102 | 137 618 | 157 583 | 106 168 |
| Profit before income tax | 112 977 | 135 607 | 132 791 | 159 862 | 104 725 | 119 385 | 105 678 |
| Profit for the reporting year | 99 156 | 115 604 | 125 964 | 153 735 | 100 349 | 78 358 | 102 857 |
| Labour costs | 29 971 | 31 309 | 32 112 | 32 112 | 32 112 | 32 112 | 38 913 |
| Depreciation of non-current assets | 8012 | 9738 | 8337 | 15 836 | 27 213 | 30 390 | 26 412 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Calculated dividend | — | 80 000 | 41 936 | 37 634 | 26 882 | 176 484 | 10 000 |
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
Data from public registers, not a credit rating.
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Summary: WELLWORKS OÜ
Overview
WELLWORKS OÜ (registry code 14116462) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101911441).
Financial results
Revenue in financial year 2025 was 159 995 €, down 26,9% on the previous year (218 938 €). From 2019 to 2025, revenue declined by an average of 1,5% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 102 857 € (64,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 159 995 €. At the end of financial year 2025, total assets were 615 608 € and equity 487 815 € (79,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 34 299 €, up 2,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3352 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2120 € per month.
Management and owners
The company has one management board member. The sole owner of the company is a private individual.
Data sources and freshness
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.