Adensen Furniture OÜ
RegisteredKey figures
Ratios
2025Summary: Adensen Furniture OÜ
What kind of company is it?
Adensen Furniture OÜ (registry code 14242422) 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: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is manufacture of furniture (EMTAK 3100). The company is registered for VAT (VAT number EE102117503).
How is the company doing financially?
Revenue in financial year 2025 was 120 509 €, down 21,9% on the previous year (154 330 €). From 2019 to 2025, revenue grew by an average of 15,1% per year. Net profit for financial year 2025 was 2573 € (2,1% 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 120 509 €. At the end of financial year 2025, total assets were 150 641 € and equity 71 744 € (47,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 320 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 36 543 €, down 16,9% on the same quarter a year earlier. Labour taxes paid in the quarter: 234 €.
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 09.08.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 36 543 € | — | 234 € |
| Q2 2026 | 14 979 € | 1 | 224 € |
| Q1 2026 | 57 218 € | — | 196 € |
| Q4 2025 | 48 422 € | — | 963 € |
| Q3 2025 | 43 992 € | 1 | 0 € |
| Q2 2025 | 23 061 € | — | 160 € |
| Q1 2025 | 5586 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 6175 € (9% of distributable profit).
In addition, equity decreased by 19 537 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 108 440 | 178 489 | 99 444 | 154 330 | 120 509 |
| Net profit | 18 842 | 3439 | 7556 | 13 731 | 2573 |
| Retained earnings | 28 778 | 47 620 | 51 059 | 58 615 | 66 171 |
| Total assets | 140 936 | 133 765 | 122 452 | 168 595 | 150 641 |
| Total liabilities | 90 316 | 79 706 | 60 837 | 73 712 | 78 897 |
| Total equity | 50 620 | 54 059 | 61 615 | 94 883 | 71 744 |
| Employees | 2 | 2 | 1 | 1 | 1 |
| Average gross salary (monthly) | 349 | 570 | — | 494 | 316 |
| Calculated dividend | 0 | 0 | 0 | 0 | 6175 |
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
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 44 151 € (2020–2025). Largest grantors: Riigi Tugiteenuste Keskus (39 093 €), Eesti Töötukassa (5058 €), Ettevõtluse ja Innovatsiooni Sihtasutus (0 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1548 € | 07.08.2025 |
| Riigi Tugiteenuste Keskus | Investeeringud | 35 753 € | 29.07.2024 |
| Riigi Tugiteenuste Keskus | Muu | 3300 € | 29.07.2024 |
| Riigi Tugiteenuste Keskus | Muu | 40 € | 03.10.2022 |
| Eesti Töötukassa | Nõustamine VTA | 491 € | 28.09.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 0 € | 18.02.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 3020 € | 21.10.2020 |
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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