LUWI OÜ

Active Registry code 10149973 OÜ Tartu linn Registered 2 Apr 1997

LUWI OÜ is a OÜ based in Tartu linn, registry code 10149973, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €187 061 with 22 employees.

Turnover

187 061 €

↓ 12.3% vs Q2 2026

State taxes

76 219 €

↓ 7.0% vs Q2 2026

Labour taxes

47 212 €

↑ 0.8% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Education · EMTAK 85

Turnover · Q3 2026 187 061 €

above 98% of companies

industry median 8 170 € · companies in the industry: 1 274
Labour taxes per employee 2 146 €

above 74% of companies

industry median 1 198 € · companies in the industry: 2 039
Revenue · 2025 964 877 €

above 98% of companies

industry median 2 265 € · companies in the industry: 7 180
Net profit margin · 2025 15.6 %

above 61% of companies

industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 187 061 € · −12.3% vs Q2 2026 · industry median 8 170 € · above 98% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 2 146 € · −3.7% vs Q2 2026 · industry median 1 198 € · above 74% of the industry

Company
Industry median

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

Employees Q3 2026: 22 · +4.8% vs Q2 2026

State taxes, € Q3 2026: 76 219 € · −7.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	187 061	76 219	47 212	22
Q2 2026	213 400	81 992	46 815	21
Q1 2026	245 171	94 797	48 518	24
Q4 2025	250 143	93 881	48 599	21
Q3 2025	184 677	71 802	42 048	24
Q2 2025	247 683	90 353	50 653	21
Q1 2025	246 329	90 473	50 092	25
Q4 2024	212 512	77 990	43 061	25
Q3 2024	170 233	68 733	44 156	24
Q2 2024	216 168	83 921	49 223	28
Q1 2024	176 358	67 199	42 740	23
Q4 2023	176 590	58 918	33 928	21
Q3 2023	138 324	57 401	37 931	22
Q2 2023	169 560	57 690	34 265	24
Q1 2023	167 646	54 144	32 113	21
Q4 2022	177 363	55 325	30 562	28
Q3 2022	154 485	53 962	34 020	26
Q2 2022	179 185	59 752	35 245	29
Q1 2022	153 407	54 899	34 953	32

Labour taxes per employee per month

715 €

Turnover per employee in the quarter

8 503 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 964 877 € · +23.9% vs 2024 · industry median 2 265 € · above 98% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 150 210 € · +731.6% vs 2024 · industry median 136 € · above 98% of the industry

Company
Industry median

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

Net profit margin, % 2025: 15.6 % · +13.2 pp vs the year before · industry median 6.7 % · above 61% of the industry

Company
Industry median

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

Assets, € thousand 2025: 415 871 € · +68.2% vs 2024

Equity, € thousand 2025: 320 575 € · +78.7% vs 2024

Employees 2025: 12 · +20.0% vs 2024 · industry median 1 · above 95% of the industry

Company
Industry median

Industry: Education (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	964 877	150 210	439 314	415 871	320 575	12
2024	778 911	18 063	429 981	247 321	179 366	10
2023	665 289	27 254	349 349	236 790	161 302	10
2022	653 242	15 560	317 538	201 934	143 490	10
2021	713 015	25 854	361 278	181 800	127 930	10
2020	527 291	34 849	239 440	171 944	111 647	10
2019	505 669	49 845	187 424	131 553	86 151	10
2018	—	—	—	—	—	8
2017	—	—	—	—	—	6
2016	—	—	—	—	—	1
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2001	—	—	—	—	—	5

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

15.6 %

Net profit / revenue

Return on equity (ROE)

46.9 %

Net profit / equity

Return on assets (ROA)

36.1 %

Net profit / assets

Equity ratio

77.1 %

Equity / assets

Debt ratio

22.9 %

Liabilities / assets

Current ratio

3.86

Current assets / current liabilities

Revenue per employee

80 406 €

Revenue / average full-time employees

Labour cost per employee per month

3 051 €

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	18 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	20 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	15 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	21 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own	e-Äriregister

Board

Anneli Zirkel
Board member · since 2 Aug 2011
Marju Tuul
Board member · since 2 Aug 2011
Kati Välbe
Board member · since 13 Apr 2020

Right of representation

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

Owners

Andres Kiviste
Natural person · 852 €

33.33%
Marju Tuul
Natural person · 852 €

33.33%
Anneli Zirkel
Natural person · 852 €

33.33%

Beneficial owners

Kati Välbe
Member of a senior management body (management or supervisory board) · since 13 Jun 2023
Andres Kiviste
Direct ownership · since 28 Mar 2023
Anneli Zirkel
Direct ownership · since 3 Sep 2018
Marju Tuul
Direct ownership · since 3 Sep 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

85599Other education n.e.c. Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 20005376 / 14 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 20005376 / 13 16 Dec 2021	Amendment entry	In force 16 Dec 2021	PDF
Ä 20005376 / 12 13 Apr 2020	Amendment entry	In force 13 Apr 2020	PDF
Ä 20005376 / 11 26 Jun 2019	Amendment entry	In force 26 Jun 2019	PDF
Ä 20005376 / 10 18 Jan 2018	Amendment entry	In force 18 Jan 2018	PDF
Ä 20005376 / 9 19 Dec 2017	Amendment entry	In force 19 Dec 2017	PDF
Ä 20005376 / 8 3 Dec 2017	Amendment entry	In force 3 Dec 2017	PDF
Ä 20005376 / 7 20 Oct 2015	Amendment entry	In force 20 Oct 2015	PDF
Ä 20005376 / 6 2 Aug 2011	Amendment entry	In force 2 Aug 2011	PDF
Ä 5376 / 5 3 Dec 2008	Deletion of activities from the registry card	In force 23 Dec 2008	PDF
Ä 5376 / 4 24 Aug 2004	Amendment entry	In force	PDF

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

LUWI OÜ

Position in the industry Education · EMTAK 85

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 11