Osaühing ER Frees

Active Registry code 10133280 OÜ Rakvere linn Registered 1 Nov 1996

Osaühing ER Frees is a OÜ based in Rakvere linn, registry code 10133280, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €33 908 with employees.

Turnover

33 908 €

↓ 28.5% vs Q2 2026

State taxes

5 693 €

↑ 80.6% vs Q2 2026

Labour taxes

1 573 €

↓ 2.1% vs Q2 2026

Employees

—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of furniture · EMTAK 31

Turnover · Q3 2026 33 908 €

above 52% of companies

industry median 30 440 € · companies in the industry: 721
Revenue · 2025 184 089 €

above 70% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 13.1 %

above 82% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 33 908 € · −28.5% vs Q2 2026 · industry median 30 440 € · above 52% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2026: 1 606 € · +3.7% vs Q1 2026 · industry median 1 409 € · above 57% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2026: 1 · +0.0% vs Q1 2026

State taxes, € Q3 2026: 5 693 € · +80.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	33 908	5 693	1 573	—
Q2 2026	47 436	3 152	1 606	1
Q1 2026	37 993	4 754	1 549	1
Q4 2025	39 954	5 089	1 402	1
Q3 2025	44 754	5 371	1 543	1
Q2 2025	45 208	5 082	2 231	1
Q1 2025	51 086	6 581	3 250	1
Q4 2024	57 652	7 681	2 985	3
Q3 2024	46 296	3 832	3 041	3
Q2 2024	60 482	4 472	3 018	3
Q1 2024	52 686	3 976	2 951	3
Q4 2023	50 303	2 820	2 851	3
Q3 2023	54 235	2 521	2 392	3
Q2 2023	96 361	5 767	1 239	3
Q1 2023	79 136	8 018	1 404	1
Q4 2022	63 911	4 283	872	1
Q3 2022	79 006	2 831	1 208	—
Q2 2022	74 067	—	—	1
Q1 2022	88 760	6 508	—	—

Financials by year

2016 – 2025

Revenue, € thousand 2025: 184 089 € · −16.8% vs 2024 · industry median 50 390 € · above 70% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 24 051 € · +376.2% vs 2024 · industry median 124 € · above 86% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 13.1 % · +17.0 pp vs the year before · industry median 1.1 % · above 82% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 426 627 € · −1.4% vs 2024

Equity, € thousand 2025: 407 472 € · −2.4% vs 2024

Employees 2025: 1 · −66.7% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	184 089	24 051	17 656	426 627	407 472	1
2024	221 176	-8 708	32 344	432 787	417 421	3
2023	280 595	-18 789	24 374	444 820	426 129	2
2022	314 661	47 684	7 473	471 053	449 917	1
2021	282 498	19 612	11 643	427 588	408 234	2
2020	313 079	9 949	76 896	414 448	392 282	6
2019	297 208	43 930	58 135	413 368	385 622	6
2018	—	—	—	—	—	4
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	5
2014	—	—	—	—	—	5
2013	—	—	—	—	—	8
2012	—	—	—	—	—	10
2011	—	—	—	—	—	8
2010	—	—	—	—	—	9
2009	—	—	—	—	—	9
2008	—	—	—	—	—	10
2007	—	—	—	—	—	14
2006	—	—	—	—	—	11
2005	—	—	—	—	—	43
2004	—	—	—	—	—	47
2003	—	—	—	—	—	35
2002	—	—	—	—	—	35

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

13.1 %

Net profit / revenue

Return on equity (ROE)

5.9 %

Net profit / equity

Return on assets (ROA)

5.6 %

Net profit / assets

Equity ratio

95.5 %

Equity / assets

Debt ratio

4.5 %

Liabilities / assets

Current ratio

4.88

Current assets / current liabilities

Revenue per employee

184 089 €

Revenue / average full-time employees

Labour cost per employee per month

1 471 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	29 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	12 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	16 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Oct 2020	Company’s own	e-Äriregister

Board

Erik Mägi
Board member · since 1 Nov 1996

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Erik Mägi
Natural person · 3 556 €

100%

Beneficial owners

Erik Mägi
Direct ownership · since 15 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

31001Manufacture of furniture, except mattresses Main
68201Rental and operating of own or leased real estate

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 40001482 / 9 9 Sep 2026	Amendment entry		In force 9 Sep 2026	PDF
Ä 40001482 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 40001482 / 7 8 Nov 2018	Amendment entry		In force 8 Nov 2018	PDF
Ä 40001482 / 6 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 40001482 / 5 19 May 2014	Amendment entry		In force 19 May 2014	PDF
Ä 40001482 / 4 15 Nov 2011	Amendment entry		In force 15 Nov 2011	PDF
Ä 1482 / M3 13 May 2009	Warning of a fine: deficiencies in the annual report	13 Aug 2009	Deficiencies eliminated 27 May 2009	PDF
Ä 1482 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 1482 / M2 14 Sep 2006	Warning of a fine: deficiencies in the annual report	6 Jan 2007	Deficiencies eliminated 10 Nov 2006	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing ER Frees

Position in the industry Manufacture of furniture · EMTAK 31

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9