Woodnest OÜ
RegisteredKey figures
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2025Summary: Woodnest OÜ
What kind of company is it?
Woodnest OÜ (registry code 14945744) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Himmaste küla, Põlva vald, Põlva 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 EE102245239).
How is the company doing financially?
Revenue in financial year 2025 was 397 735 €, up 34,4% on the previous year (295 881 €). From 2020 to 2025, revenue grew by an average of 30,0% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 14 076 € (3,5% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 7 employees. Revenue per employee was 56 819 €. At the end of financial year 2025, total assets were 381 732 € and equity 88 530 € (23,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 263 335 €, up 216% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 16 353 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1370 € 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 21.05.2026. 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 | 263 335 € | 8 | 16 353 € |
| Q2 2026 | 146 242 € | 8 | 14 591 € |
| Q1 2026 | 109 405 € | 7 | 14 642 € |
| Q4 2025 | 96 689 € | 7 | 14 845 € |
| Q3 2025 | 83 239 € | 8 | 13 057 € |
| Q2 2025 | 99 711 € | 6 | 12 922 € |
| Q1 2025 | 104 558 € | 8 | 9809 € |
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 | 346 154 | 379 462 | 240 793 | 295 881 | 397 735 |
| Net profit | 28 423 | 26 706 | 6238 | 7697 | 14 076 |
| Retained earnings | 2890 | 31 313 | 58 019 | 64 257 | 71 954 |
| Total assets | 398 639 | 430 129 | 422 455 | 392 661 | 381 732 |
| Total liabilities | 364 826 | 369 610 | 355 698 | 318 207 | 293 202 |
| Total equity | 33 813 | 60 519 | 66 757 | 74 454 | 88 530 |
| Employees | 7 | 8 | 7 | 7 | 7 |
| Average gross salary (monthly) | 887 | 1085 | 865 | 896 | 1253 |
| 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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State aid and grants
21 recordsState aid and de minimis aid in total 72 771 € (2020–2026). Largest grantors: Riigi Tugiteenuste Keskus (63 042 €), Eesti Töötukassa (8750 €), MTÜ Maakondlikud Arenduskeskused (980 €).
Show all aid records (21)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Investeeringud | 59 479 € | 07.07.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 205 € | 27.01.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 205 € | 20.01.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 207 € | 13.01.2026 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 211 € | 06.01.2026 |
| Riigi Tugiteenuste Keskus | Muu | 567 € | 05.12.2025 |
| Riigi Tugiteenuste Keskus | Muu | 567 € | 05.12.2025 |
| Riigi Tugiteenuste Keskus | Muu | 561 € | 13.11.2025 |
| Riigi Tugiteenuste Keskus | Muu | 561 € | 13.11.2025 |
| Riigi Tugiteenuste Keskus | Muu | 571 € | 13.10.2025 |
| MTÜ Maakondlikud Arenduskeskused | Muu | 151 € | 11.09.2025 |
| Riigi Tugiteenuste Keskus | Muu | 70 € | 27.05.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 5201 € | 09.04.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 500 € | 04.02.2022 |
| Riigi Tugiteenuste Keskus | Muu | 366 € | 02.09.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 1600 € | 29.07.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 128 € | 18.02.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 436 € | 16.02.2021 |
| Riigi Tugiteenuste Keskus | Muu | 300 € | 27.01.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 535 € | 25.08.2020 |
| Eesti Töötukassa | Palgatoetus VTA | 350 € | 15.07.2020 |
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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