Hardwood OÜ
RegisteredKey figures
Ratios
2025Summary: Hardwood OÜ
What kind of company is it?
Hardwood OÜ (registry code 14390817) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 8 years. Registered location: Kergu küla, Põhja-Pärnumaa vald, Pärnu maakond. According to the latest annual report, the main activity is manufacture of furniture (EMTAK 3100). The company is registered for VAT (VAT number EE102034204).
How is the company doing financially?
Revenue in financial year 2025 was 450 835 €, down 30,8% on the previous year (651 462 €). From 2019 to 2025, revenue grew by an average of 6,9% per year. Net profit for financial year 2025 was 10 376 € (2,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 8 employees. Revenue per employee was 56 354 €. At the end of financial year 2025, total assets were 427 881 € and equity 276 377 € (64,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 215 314 €, up 87,4% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 20 690 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1390 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 215 314 € | 10 | 20 690 € |
| Q2 2026 | 140 279 € | 9 | 19 190 € |
| Q1 2026 | 163 115 € | 8 | 18 732 € |
| Q4 2025 | 133 202 € | 9 | 17 966 € |
| Q3 2025 | 114 922 € | 6 | 18 375 € |
| Q2 2025 | 112 807 € | 6 | 16 211 € |
| Q1 2025 | 92 601 € | 6 | 15 673 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 653 138 | 443 296 | 374 394 | 651 462 | 450 835 |
| Net profit | 82 838 | 12 076 | 11 903 | 56 834 | 10 376 |
| Retained earnings | 99 600 | 182 438 | 194 514 | 206 417 | 263 251 |
| Total assets | 323 246 | 391 074 | 379 237 | 435 156 | 427 881 |
| Total liabilities | 138 058 | 193 810 | 170 070 | 169 155 | 151 504 |
| Total equity | 185 188 | 197 264 | 209 167 | 266 001 | 276 377 |
| Employees | 11 | 10 | 8 | 8 | 8 |
| Average gross salary (monthly) | 791 | 812 | 1042 | 1159 | 1494 |
| Calculated dividend | 23 999 | 0 | 0 | 0 | 0 |
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
2 recordsState aid and de minimis aid in total 1585 € (2020–2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (1585 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 1264 €* | 22.11.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 321 €* | 11.11.2020 |
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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