Lumber works OÜ

Registered
14585814Private limited company (OÜ)Founded 2018

Key figures

107 529 €−22,0%
Revenue 2025
+38,4%
Average annual growth 2018/19–2025
050 k100 k150 k200 k2018/19202020212022202320242025

Ratios

2025

Summary: Lumber works OÜ

What kind of company is it?

Lumber works OÜ (registry code 14585814) 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: Lõiuse küla, Rapla vald, Rapla maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 0220). The company is registered for VAT (VAT number EE102107131).

How is the company doing financially?

Revenue in financial year 2025 was 107 529 €, down 22,0% on the previous year (137 855 €). From 2018/19 to 2025, revenue grew by an average of 38,4% per year. Financial year 2025 ended with a loss of 15 651 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 53 765 €. At the end of financial year 2025, total assets were 72 061 € and equity 25 594 € (35,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 11 994 €, down 47,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 3925 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 950 € 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.

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 21.06.2026. 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 202611 994 €33925 €
Q2 202633 843 €33850 €
Q1 202635 400 €33690 €
Q4 20257776 €33633 €
Q3 202522 619 €33633 €
Q2 202528 102 €33165 €
Q1 202562 964 €33131 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
2022 ~17 500 €
20210 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue93 630185 908169 570137 855107 529
Net profit43 27328 55512 544−28 977−15 651
Retained earnings310026 37354 92867 47238 495
Total assets90 540122 086126 097100 04072 061
Total liabilities43 91764 40855 87558 79546 467
Total equity46 62357 67870 22241 24525 594
Employees01222
Average gross salary (monthly)—1300113112871391
Calculated dividend017 500000

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.

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100%Lumber works OÜ1Teet Kuusik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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