Welding Works OÜ
RegisteredKey figures
Ratios
2025Summary: Welding Works OÜ
What kind of company is it?
Welding Works OÜ (registry code 14811736) 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 business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE102761661).
How is the company doing financially?
Revenue in financial year 2025 was 30 820 €, up 83,5% on the previous year (16 800 €). From 2020 to 2025, revenue grew by an average of 62,7% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 5116 € (16,6% of revenue). The company was profitable in 5 of the 6 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 12 585 € and equity 12 585 € (100% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 112 €, down 44,0% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Drei Kapital OÜ.
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. Latest register change: 28.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 25.06.2026. 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 | 112 € | — | 0 € |
| Q2 2026 | 440 € | — | 0 € |
| Q1 2026 | 100 € | — | 0 € |
| Q4 2025 | 300 € | — | 0 € |
| Q3 2025 | 200 € | — | 0 € |
| Q2 2025 | 1200 € | — | 0 € |
| Q1 2025 | 5200 € | — | 0 € |
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 | 13 000 | 0 | 1850 | 16 800 | 30 820 |
| Net profit | 318 | 2976 | −2379 | 3839 | 5116 |
| Retained earnings | 215 | 533 | 3509 | 1130 | 4969 |
| Total assets | 3033 | 6009 | 3630 | 7469 | 12 585 |
| Total liabilities | — | — | — | 0 | 0 |
| Total equity | 3033 | 6009 | 3630 | 7469 | 12 585 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| 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 obligations1 note6 clear
Data from public registers, not a credit rating.
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Change history
3 changes- 09.11.2026*Name changed: Luger OÜ → Welding Works OÜ
- 28.10.2026Registry entry changed
- 27.10.2026Registry entry changed
Entered in the register on 24.09.2019.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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