Ratek Wood OÜ

Registered
14491705Private limited company (OÜ)Founded 2018

Key figures

88 297 €−47,8%
Revenue 2025
−11,1%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Ratek Wood OÜ

What kind of company is it?

Ratek Wood OÜ (registry code 14491705) 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: Endla küla, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE102102961).

How is the company doing financially?

Revenue in financial year 2025 was 88 297 €, down 47,8% on the previous year (169 103 €). From 2019 to 2025, revenue declined by an average of 11,1% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 11 523 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 29 432 €. At the end of financial year 2025, total assets were 57 653 € and equity 10 413 € (18,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 24 410 €, up 46,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4716 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1100 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 29.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202624 410 €34716 €
Q2 202631 416 €35097 €
Q1 202633 526 €37246 €
Q4 20258503 €31987 €
Q3 202516 670 €36639 €
Q2 202519 827 €35482 €
Q1 202552 819 €410 056 €

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
20212022202320242025
Sales revenue185 630274 130252 398169 10388 297
Net profit−607443 100−15 846−23 342−11 523
Retained earnings21 54615 68258 78242 93719 595
Total assets47 17790 18198 73076 47657 653
Total liabilities29 15529 05853 45354 54047 240
Total equity18 02261 12345 27721 93610 413
Employees66443
Average gross salary (monthly)88999918261251972
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%Ratek Wood OÜ3Rauna Korkmann1Rauno Laasik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

9 records

State aid and de minimis aid in total 1548 € (2019–2024). Largest grantors: Riigi Tugiteenuste Keskus (1365 €), MTÜ Maakondlikud Arenduskeskused (183 €).

Show all aid records (9)
2024498 €
2021250 €
2019800 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu30 €30.11.2024
MTÜ Maakondlikud ArenduskeskusedMuu33 €13.11.2024
Riigi Tugiteenuste KeskusMuu57 €01.10.2024
Riigi Tugiteenuste KeskusMuu190 €16.08.2024
MTÜ Maakondlikud ArenduskeskusedMuu75 €28.05.2024
MTÜ Maakondlikud ArenduskeskusedMuu75 €21.05.2024
Riigi Tugiteenuste KeskusMuu37 €08.05.2024
Riigi Tugiteenuste KeskusNõustamine VTA250 €03.12.2021
Riigi Tugiteenuste KeskusNõustamine VTA800 €20.12.2019

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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