Glasswise OÜ
RegisteredKey figures
Ratios
2025Summary: Glasswise OÜ
What kind of company is it?
Glasswise OÜ (registry code 16866500) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 2 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is painting and glazing (EMTAK 43341). The company is registered for VAT (VAT number EE102680920).
How is the company doing financially?
Revenue in financial year 2025 was 183 088 €, up 72,2% on the previous year (106 312 €). From 2023 to 2025, revenue grew by an average of 550% per year. Net profit for financial year 2025 was 19 712 € (10,8% of revenue). The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 183 088 €. At the end of financial year 2025, total assets were 44 625 € and equity 16 952 € (38,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 1220 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 8095 €, down 84,3% on the same quarter a year earlier. The company had 1 employees in that quarter.
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. Latest register change: 29.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 20.06.2026. 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 | 8095 € | 1 | — |
| Q2 2026 | 27 024 € | 1 | 0 € |
| Q1 2026 | 40 673 € | 1 | 445 € |
| Q4 2025 | 19 377 € | 1 | 0 € |
| Q3 2025 | 51 699 € | — | 523 € |
| Q2 2025 | 37 095 € | — | 2524 € |
| Q1 2025 | 56 357 € | 2 | 3365 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 1244 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Summary of financial statements2023–2025
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 4329 | 106 312 | 183 088 |
| Net profit | 2673 | −4189 | 19 712 |
| Retained earnings | — | 2673 | −2760 |
| Total assets | 4408 | 12 400 | 44 625 |
| Total liabilities | 1735 | 13 916 | 27 673 |
| Total equity | 2673 | −1516 | 16 952 |
| Employees | 0 | 2 | 1 |
| Average gross salary (monthly) | — | 392 | 1219 |
| Calculated dividend | — | 0 | 1244 |
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
Data from public registers, not a credit rating.
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Change history
2 changes- 12.10.2026*Left: Management board member Rain Viks
- 29.09.2026Registry entry changed · persons
Entered in the register on 22.11.2023.
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).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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