Weldex Group OÜ
RegisteredKey figures
Ratios
2024Summary: Weldex Group OÜ
What kind of company is it?
Weldex Group OÜ (registry code 14189484) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE102029743).
How is the company doing financially?
Revenue in financial year 2024 was 613 470 €, up 18,3% on the previous year (518 532 €). From 2019 to 2024, revenue grew by an average of 50,8% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 5527 € (0,9% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 5 employees. Revenue per employee was 122 694 €. At the end of financial year 2024, total assets were 134 995 € and equity 85 805 € (63,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 574 945 €, up 230% on the same quarter a year earlier. The company had 27 employees in that quarter. Labour taxes paid in the quarter: 50 116 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1270 € 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 01.07.2025. 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 | 574 945 € | 27 | 50 116 € |
| Q2 2026 | 308 248 € | 19 | 22 163 € |
| Q1 2026 | 145 632 € | 15 | 5726 € |
| Q4 2025 | 308 804 € | 12 | 11 988 € |
| Q3 2025 | 173 975 € | 11 | 6601 € |
| Q2 2025 | 63 583 € | 2 | 4522 € |
| Q1 2025 | 145 203 € | 5 | 10 035 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 14 400 € (15% of distributable profit).
Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 136 554 | 251 324 | 472 783 | 518 532 | 613 470 |
| Net profit | 13 379 | 16 690 | 21 529 | 22 269 | 5527 |
| Retained earnings | 20 811 | 34 190 | 50 880 | 72 409 | 77 778 |
| Total assets | 56 643 | 68 789 | 116 689 | 131 123 | 134 995 |
| Total liabilities | 22 453 | 17 909 | 44 280 | 36 445 | 49 190 |
| Total equity | 34 190 | 50 880 | 72 409 | 94 678 | 85 805 |
| Employees | 2 | 2 | 4 | 5 | 5 |
| Average gross salary (monthly) | 770 | 699 | 1143 | 1296 | 1504 |
| Calculated dividend | 0 | 0 | 0 | 0 | 14 400 |
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 issue6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.