Wemel Wood OÜRegistered

16773508Private limited company (OÜ)Founded 2023

Key figures

21 441 €+123,3%
Revenue 2025
+123,3%
Average annual growth 2023/24–2025
010 k20 k30 k2023/242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
025 k50 k75 k2023/242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026767 €—0 €
Q2 20261319 €—0 €
Q1 202615 195 €—5138 €
Q4 20257590 €22915 €
Q3 20252604 €21968 €
Q2 20257552 €21968 €
Q1 20253312 €21929 €

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

Summary of financial statements2024–2025
2023/242025
Balance sheet — assets
Total current assets13 7669604
Total non-current assets21 45451 207
Total assets35 22060 811
Balance sheet — liabilities and equity
Current liabilities19 21146 620
Non-current liabilities——
Total liabilities19 21146 620
Share capital25002500
Retained earnings of previous periods—13 509
Profit for the year13 510−1818
Total equity16 00914 191
Income statement
Sales revenue960021 441
Operating profit13 510−1720
EBITDA13 657−1326
Profit before income tax13 510−1818
Profit for the reporting year13 510−1818
Labour costs303829 145
Depreciation of non-current assets147394
Other indicators
Employees01
Calculated dividend—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 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)
Annual report filing
2/2 filed
All on time
Business Register · 2024–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%Wemel Wood OÜ5Karl Haljasmets2Priit Lille
CompanyPersonShareholderOther roleAdditional link

Public procurement

The company is itself a contracting authority: 1 tenders. View tenders →

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

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

Summary: Wemel Wood OÜ

Overview

Wemel Wood OÜ (registry code 16773508) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Kõrvemetsa küla, Mustvee vald, Jõgeva maakond. According to the latest annual report, the main activity is manufacture of wooden household, decorative and other wood products (EMTAK 16281). The company is registered for VAT (VAT number EE102663976).

Financial results

Revenue in financial year 2025 was 21 441 €, up 123% on the previous year (9600 €). Financial year 2025 ended with a loss of 1818 €. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 21 441 €. At the end of financial year 2025, total assets were 60 811 € and equity 14 191 € (23,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 1820 € per month.

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 767 €, down 70,5% on the same quarter a year earlier.

Management and owners

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.

Data sources and freshness

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 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.

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