Glassworks OÜ
RegisteredKey figures
Ratios
2024Summary: Glassworks OÜ
What kind of company is it?
Glassworks OÜ (registry code 14715856) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is other specialised construction activities n.e.c. (EMTAK 4399). The company is registered for VAT (VAT number EE102159338).
How is the company doing financially?
Revenue in financial year 2024 was 179 406 €, down 33,8% on the previous year (270 988 €). From 2019 to 2024, revenue grew by an average of 70,6% per year. Financial year 2024 ended with a loss of 6376 €. The company was profitable in 2 of the 6 published financial years. In financial year 2024 the company had 3 employees. Revenue per employee was 59 802 €. At the end of financial year 2024, total assets were 52 770 € and equity 222 € (0,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 43 836 €, down 2,1% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4718 €. 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. 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 2024) 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 | 43 836 € | 3 | 4718 € |
| Q2 2026 | 33 785 € | 3 | 3204 € |
| Q1 2026 | 36 967 € | 3 | 6763 € |
| Q4 2025 | 57 500 € | 3 | 5179 € |
| Q3 2025 | 44 778 € | 3 | 6661 € |
| Q2 2025 | 39 714 € | 3 | 6843 € |
| Q1 2025 | 32 993 € | 3 | 8360 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 104 878 | 177 364 | 224 891 | 270 988 | 179 406 |
| Net profit | −4097 | −3882 | 5611 | −450 | −6376 |
| Retained earnings | 1666 | −2431 | −6313 | −702 | −1152 |
| Total assets | 20 049 | 29 855 | 34 630 | 36 306 | 52 770 |
| Total liabilities | 14 730 | 28 418 | 27 582 | 29 708 | 52 548 |
| Total equity | 5319 | 1437 | 7048 | 6598 | 222 |
| Employees | 2 | 3 | 3 | 3 | 3 |
| Average gross salary (monthly) | 955 | 947 | 1161 | 2024 | 1851 |
| 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
3 recordsState aid and de minimis aid in total 2461 € (2021–2025). Largest grantors: Eesti Töötukassa (2336 €), MTÜ Maakondlikud Arenduskeskused (125 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| MTÜ Maakondlikud Arenduskeskused | Muu | 50 € | 16.09.2025 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 75 € | 23.10.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 2336 € | 01.01.2021 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.