THUKA NORDWOOD AS
Active Registry code 10156536
AS Kadrina alevik Registered 17 Mar 1997
THUKA NORDWOOD AS is a AS based in Kadrina alevik, registry code 10156536, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €2 383 981 with 97 employees.
Turnover
2 383 981 €
↓ 23.6% vs Q2 2026
State taxes
257 904 €
↓ 4.6% vs Q2 2026
Labour taxes
275 389 €
↓ 4.5% vs Q2 2026
Employees
97
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2.4 mn €above 98% of companiesindustry median 30 440 € · companies in the industry: 721
- Labour taxes per employee 2 839 €above 86% of companiesindustry median 1 400 € · companies in the industry: 606
- Revenue · 2025 9.6 mn €above 98% of companiesindustry median 50 390 € · companies in the industry: 970
- Net profit margin · 2025 -17.6 %above 11% of companiesindustry median 1.1 % · companies in the industry: 795
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 2 383 981 | 257 904 | 275 389 | 97 |
| Q2 2026 | 3 121 250 | 270 214 | 288 292 | 96 |
| Q1 2026 | 3 132 168 | 281 124 | 297 204 | 98 |
| Q4 2025 | 3 810 250 | 264 699 | 279 463 | 96 |
| Q3 2025 | 2 704 563 | 291 254 | 310 079 | 104 |
| Q2 2025 | 3 793 775 | 270 052 | 286 064 | 102 |
| Q1 2025 | 3 154 806 | 331 158 | 347 601 | 103 |
| Q4 2024 | 5 116 234 | 387 467 | 405 485 | 105 |
| Q3 2024 | 4 671 037 | 355 862 | 375 815 | 145 |
| Q2 2024 | 5 949 405 | 337 209 | 353 954 | 148 |
| Q1 2024 | 5 219 096 | 367 028 | 383 595 | 146 |
| Q4 2023 | 6 381 427 | 337 322 | 354 847 | 147 |
| Q3 2023 | 4 611 577 | 322 274 | 337 854 | 152 |
| Q2 2023 | 6 355 733 | 312 168 | 328 958 | 147 |
| Q1 2023 | 6 868 860 | 360 026 | 374 411 | 149 |
| Q4 2022 | 6 625 812 | 319 304 | 336 531 | 146 |
| Q3 2022 | 5 564 989 | 368 553 | 387 664 | 152 |
| Q2 2022 | 6 907 446 | 336 634 | 355 426 | 175 |
| Q1 2022 | 4 813 218 | 476 619 | 499 468 | 187 |
Labour taxes per employee per month
946 €
Turnover per employee in the quarter
24 577 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 9 581 898 | -1 685 091 | 3 204 793 | 6 239 715 | 2 772 128 | 94 |
| 2024 | 15 191 266 | -594 068 | 3 724 191 | 8 022 203 | 4 457 219 | 135 |
| 2023 | 16 429 216 | 303 705 | 3 586 520 | 7 781 545 | 5 051 287 | 138 |
| 2022 | 17 654 558 | 279 978 | 3 817 715 | 7 820 342 | 4 747 582 | 153 |
| 2021 | 21 755 112 | 643 067 | 4 571 223 | 6 799 934 | 4 467 604 | 208 |
| 2020 | 20 717 363 | 551 359 | 4 464 913 | 8 088 640 | 3 824 539 | 208 |
| 2019 | 24 550 471 | 615 330 | 4 775 887 | 8 133 729 | 3 273 180 | 231 |
| 2018 | — | — | — | — | — | 257 |
| 2017 | — | — | — | — | — | 262 |
| 2016 | — | — | — | — | — | 266 |
| 2015 | — | — | — | — | — | 259 |
| 2014 | — | — | — | — | — | 228 |
| 2013 | — | — | — | — | — | 201 |
| 2012 | — | — | — | — | — | 183 |
| 2011 | — | — | — | — | — | 244 |
| 2010 | — | — | — | — | — | 247 |
| 2009 | — | — | — | — | — | 305 |
| 2008 | — | — | — | — | — | 334 |
| 2007 | — | — | — | — | — | 378 |
| 2006 | — | — | — | — | — | 378 |
| 2005 | — | — | — | — | — | 354 |
| 2004 | — | — | — | — | — | 357 |
| 2003 | — | — | — | — | — | 419 |
| 2002 | — | — | — | — | — | 424 |
| 2001 | — | — | — | — | — | 376 |
| 2000 | — | — | — | — | — | 402 |
| 1999 | — | — | — | — | — | 391 |
| 1998 | — | — | — | — | — | 298 |
| 1997 | — | — | — | — | — | 136 |
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
-16.6 %
Net profit / revenue
Return on equity (ROE)
-60.8 %
Net profit / equity
Return on assets (ROA)
-27.0 %
Net profit / assets
Equity ratio
44.4 %
Equity / assets
Debt ratio
55.6 %
Liabilities / assets
Current ratio
1.34
Current assets / current liabilities
Revenue per employee
107 671 €
Revenue / average full-time employees
Labour cost per employee per month
2 841 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 20 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 26 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 27 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 18 Jun 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 350 000 € | Coop Pank AS | 6 Nov 2023 – in force |
| 1 | 150 000 € | Coop Pank AS | 10 Sep 2018 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Jaanis PalmBoard member · since 12 Jun 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
Beneficial owners
- Jüri KülvikIndirect ownership · since 13 Jun 2025
Founders and other persons
- KPMG Baltics OÜAudit firm · 14 Apr 2021
- Tõnu EhrpaisChairman of the supervisory board · 4 Jun 2025
- Kuldar VeereSupervisory board member · 4 Jun 2025
- Rain RaudseppSupervisory board member · 4 Jun 2025
- Omanikukonto: AS VIIRATSI SAEVESKIShareholder · 51 160 € · 4 Jun 2025
Related companies
Activities (EMTAK)
- 31001Manufacture of furniture, except mattresses Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 40003091 / 38 19 Aug 2025 |
Amendment entry | In force 19 Aug 2025 |
||
| Ä 40003091 / 37 12 Jun 2025 |
Amendment entry | In force 12 Jun 2025 |
||
| Ä 40003091 / 36 14 Feb 2025 |
Amendment entry | In force 14 Feb 2025 |
||
| Ä 40003091 / 35 13 Jan 2025 |
Amendment entry | In force 13 Jan 2025 |
||
| K 40003091 / 34 6 Nov 2023 |
Commercial pledge entered | In force 6 Nov 2023 |
||
| K 40003091 / 33 6 Nov 2023 |
Commercial pledge amended | In force 6 Nov 2023 |
||
| K 40003091 / 32 10 Sep 2018 |
Commercial pledge entered | In force 10 Sep 2018 |
||
| K 40003091 / M14 31 Aug 2018 |
Procedural ruling | 10 Sep 2018 | Deficiencies eliminated 10 Sep 2018 |
|
| Ä 40003091 / 31 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 40003091 / 30 5 Dec 2017 |
Amendment entry | In force 5 Dec 2017 |
||
| Ä 40003091 / 29 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 40003091 / M13 6 Apr 2017 |
Ruling to correct data outside an entry | 6 May 2017 | Deficiencies eliminated 10 Apr 2017 |
|
| Ä 40003091 / 28 9 Sep 2016 |
Amendment entry | In force 9 Sep 2016 |
||
| Ä 40003091 / M12 2 Jun 2015 |
Procedural ruling | In force 2 Jun 2015 |
||
| Ä 40003091 / 27 17 Jun 2014 |
Amendment entry | In force 17 Jun 2014 |
||
| Ä 40003091 / 26 1 Mar 2013 |
Amendment entry | In force 1 Mar 2013 |
||
| Ä 40003091 / M11 27 Feb 2013 |
Ruling to eliminate deficiencies | 29 Mar 2013 | In force 27 Feb 2013 |
|
| Ä 40003091 / 25 5 Feb 2013 |
Amendment entry | In force 5 Feb 2013 |
||
| Ä 40003091 / 24 25 Jan 2013 |
Amendment entry | In force 25 Jan 2013 |
||
| Ä 40003091 / 23 7 Sep 2011 |
Amendment entry | In force 7 Sep 2011 |
||
| Ä 40003091 / 22 13 Jul 2011 |
Amendment entry | In force 13 Jul 2011 |
||
| Ä 40003091 / 21 11 Jul 2011 |
Amendment entry | In force 11 Jul 2011 |
||
| Ä 40003091 / 20 7 Sep 2010 |
Amendment entry | In force 7 Sep 2010 |
||
| Ä 40003091 / 19 12 Apr 2010 |
Entry made by the register on its own initiative | In force 12 Apr 2010 |
||
| Ä 40003091 / 18 12 Apr 2010 |
Amendment entry | In force 12 Apr 2010 |
||
| Ä 40003091 / M10 7 Apr 2010 |
Ruling to eliminate deficiencies | 25 Jul 2010 | In force 7 Apr 2010 |
|
| Ä 40003091 / M9 31 Mar 2010 |
Warning of a fine: deficiencies in the annual report | Deficiencies eliminated 14 Apr 2010 |
||
| Ä 3091 / M8 10 Dec 2009 |
Fine | 13 Feb 2010 | In force 15 Dec 2009 |
|
| Ä 3091 / 17 22 Sep 2009 |
Entry refused: deficiencies not eliminated | In force 6 Oct 2009 |
||
| Ä 3091 / M7 3 Jun 2009 |
Ruling to eliminate deficiencies | 3 Sep 2009 | In force 3 Jun 2009 |
|
| Ä 3091 / M6 26 May 2009 |
Ruling to be served | 26 Aug 2009 | In force 28 May 2009 |
|
| Ä 3091 / 16 3 Dec 2008 |
Deletion of activities from the registry card | In force 10 Dec 2008 |
||
| Ä 3091 / 15 17 Dec 2007 |
Amendment entry | In force 18 Dec 2007 |
||
| Ä 3091 / 14 2 Feb 2007 |
Amendment entry | In force 2 Feb 2007 |
||
| Ä 3091 / 13 10 Jul 2006 |
Amendment entry | In force 10 Jul 2006 |
||
| Ä 3091 / 12 27 Feb 2004 |
Amendment entry | In force | ||
| Ä 3091 / M5 27 Nov 2003 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 3091 / 11 24 Mar 2003 |
Amendment entry | In force | ||
| Ä 3091 / 10 20 Mar 2003 |
Amendment entry | In force | ||
| Ä 3091 / M4 27 Feb 2003 |
Ruling to eliminate deficiencies (to be served) | 25 May 2003 | In force | |
| Ä 3091 / 9 30 Sep 2002 |
Entry decision on the register’s own initiative | In force | ||
| Ä 3091 / 8 29 May 2002 |
Unpublished amendment entry | In force | ||
| Ä 3091 / M3 7 May 2002 |
Ruling to eliminate deficiencies (to be served) | 7 Aug 2002 | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data