Westwood OÜ
RegisteredKey figures
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2025Summary: Westwood OÜ
What kind of company is it?
Westwood OÜ (registry code 14429190) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Kuremaa alevik, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE102048533).
How is the company doing financially?
Revenue in financial year 2025 was 293 901 €, down 0,6% on the previous year (295 590 €). From 2020 to 2025, revenue grew by an average of 69,5% per year. Financial year 2025 ended with a loss of 6318 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 11 employees (12 a year earlier). Revenue per employee was 26 718 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 85 396 €, up 0,5% on the same quarter a year earlier. The company had 15 employees in that quarter. Labour taxes paid in the quarter: 30 101 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1350 € 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?
Equity was negative at the end of financial year 2025 (−10 778 €). Equity is below half of the share capital (2500 €); 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 85 396 € | 15 | 30 101 € |
| Q2 2026 | 78 400 € | 13 | 29 699 € |
| Q1 2026 | 64 265 € | 12 | 21 576 € |
| Q4 2025 | 66 758 € | 8 | 26 788 € |
| Q3 2025 | 84 933 € | 8 | 32 702 € |
| Q2 2025 | 61 332 € | 15 | 28 328 € |
| Q1 2025 | 96 079 € | 10 | 32 539 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 136 722 | 191 905 | 219 825 | 295 590 | 293 901 |
| Net profit | −1452 | 871 | 1887 | 621 | −6318 |
| Retained earnings | −6386 | −7838 | −6967 | −5080 | −4460 |
| Total assets | 43 412 | 49 091 | 21 274 | 49 048 | 24 491 |
| Total liabilities | 51 250 | 56 058 | 26 354 | 53 507 | 35 269 |
| Total equity | −7838 | −6967 | −5080 | −4459 | −10 778 |
| Employees | 8 | 10 | 10 | 12 | 11 |
| Average gross salary (monthly) | 1072 | 1183 | 1298 | 1465 | 1592 |
| Calculated dividend | 0 | 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 obligationsAll 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 7161 € (2021–2022). Largest grantors: Eesti Töötukassa (7161 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Tugiisikuga töötamine VTA | 2424 € | 18.08.2022 |
| Eesti Töötukassa | Tugiisikuga töötamine VTA | 4737 € | 26.08.2021 |
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 ↗
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