Osaühing Ulmase Werkstuba

Active Registry code 10167698 OÜ Saku alevik Registered 28 Nov 1996

Osaühing Ulmase Werkstuba is a OÜ based in Saku alevik, registry code 10167698, status: active. Main activity: Manufacture of furniture. According to EMTA, turnover for Q3 2026 was €4 756 with 1 employees.

Turnover

4 756 €

↓ 61.1% vs Q2 2026

State taxes

1 702 €

↓ 11.9% vs Q2 2026

Labour taxes

1 296 €

↑ 30.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of furniture · EMTAK 31

Turnover · Q3 2026 4 756 €

above 14% of companies

industry median 30 440 € · companies in the industry: 721
Labour taxes per employee 1 296 €

above 45% of companies

industry median 1 400 € · companies in the industry: 606
Revenue · 2025 23 636 €

above 36% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 -9.3 %

above 17% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 4 756 € · −61.1% vs Q2 2026 · industry median 30 440 € · above 14% 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, € Q3 2026: 1 296 € · +30.9% vs Q2 2026 · industry median 1 400 € · above 45% 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 Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 702 € · −11.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	4 756	1 702	1 296	1
Q2 2026	12 236	1 932	990	1
Q1 2026	6 594	1 763	918	1
Q4 2025	5 902	1 283	1 151	1
Q3 2025	4 950	1 284	1 151	1
Q2 2025	6 644	1 836	1 151	1
Q1 2025	7 330	1 121	815	1
Q4 2024	4 625	1 271	1 053	1
Q3 2024	5 214	1 736	1 053	1
Q2 2024	5 208	1 606	1 053	1
Q1 2024	7 194	1 876	922	1
Q4 2023	5 862	1 649	968	1
Q3 2023	9 586	2 075	1 202	1
Q2 2023	11 072	2 138	645	1
Q1 2023	7 420	1 242	820	1
Q4 2022	3 278	1 131	728	1
Q3 2022	5 819	1 561	831	1
Q2 2022	6 038	1 059	772	1
Q1 2022	1 817	590	534	1

Labour taxes per employee per month

432 €

Turnover per employee in the quarter

4 756 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 23 636 € · +12.2% vs 2024 · industry median 50 390 € · above 36% 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: -2 191 € · +72.5% vs 2024 · industry median 124 € · above 20% 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: -9.3 % · +28.6 pp vs the year before · industry median 1.1 % · above 17% 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, € 2025: 31 070 € · +12.6% vs 2024

Equity, € 2025: 3 124 € · −41.2% vs 2024

Employees 2025: 1 · +0.0% 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	23 636	-2 191	9 125	31 070	3 124	1
2024	21 061	-7 968	14 257	27 602	5 315	1
2023	37 569	7 408	12 803	36 320	13 283	1
2022	17 426	-3 993	9 772	34 003	5 875	1
2021	25 540	368	8 599	36 051	9 868	1
2020	13 377	-2 996	4 694	36 239	9 500	1
2019	18 458	4 768	3 852	31 919	12 496	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	0
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1
2007	—	—	—	—	—	2
2006	—	—	—	—	—	0
2004	—	—	—	—	—	4
2003	—	—	—	—	—	1
2002	—	—	—	—	—	0
2001	—	—	—	—	—	2
2000	—	—	—	—	—	2
1998	—	—	—	—	—	2
1997	—	—	—	—	—	2

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

-9.3 %

Net profit / revenue

Return on equity (ROE)

-70.1 %

Net profit / equity

Return on assets (ROA)

-7.1 %

Net profit / assets

Equity ratio

10.1 %

Equity / assets

Debt ratio

89.9 %

Liabilities / assets

Current ratio

0.72

Current assets / current liabilities

Revenue per employee

23 636 €

Revenue / average full-time employees

Labour cost per employee per month

760 €

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	24 Feb 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	12 Mar 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	17 Feb 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Jan 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	6 Feb 2020	Company’s own	e-Äriregister

Board

Aare Ulmas
Board member · since 28 Nov 1996
Mati Ulmas
Board member · since 28 Nov 1996

Right of representation

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

Owners

Mati Ulmas
Natural person · 1 278 €

50%
Aare Ulmas
Natural person · 1 278 €

50%

Beneficial owners

Aare Ulmas
Direct ownership · since 9 Sep 2018
Mati Ulmas
Direct ownership · since 9 Sep 2018

Founders and other persons

Aare Ulmas
Founder · 9 000 € · 28 Nov 1996
Mati Ulmas
Founder · 9 000 € · 28 Nov 1996

shared board members, owners or beneficial owners

Activities (EMTAK)

3100Manufacture of furniture Main
13991Manufacture of other textiles n.e.c.

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10008664 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10008664 / 8 6 Apr 2018	Amendment entry		In force 6 Apr 2018	PDF
Ä 10008664 / 7 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10008664 / 6 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10008664 / 5 8 May 2012	Amendment entry		In force 8 May 2012	PDF
Ä 10008664 / 4 7 May 2012	Entry refused: deficiencies not eliminated		In force 7 May 2012	PDF
Ä 10008664 / M3 3 Jan 2012	Ruling to eliminate deficiencies	2 May 2012	In force 3 Jan 2012	PDF
Ä 10008664 / M2 28 Nov 2011	Ruling to eliminate deficiencies	28 Dec 2011	In force 28 Nov 2011	PDF
Ä 8664 / 3 10 Jun 2009	Deletion of activities from the registry card		In force 10 Jun 2009	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Osaühing Ulmase Werkstuba

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