Inkwell Design OÜ

Active Registry code 10226113 OÜ Rae vald Registered 4 Jul 1997

Inkwell Design OÜ is a OÜ based in Rae vald, registry code 10226113, status: active. Main activity: Manufacture of lighting equipment. According to EMTA, turnover for Q3 2026 was €523 129 with 22 employees.

Turnover

523 129 €

↓ 21.9% vs Q2 2026

State taxes

81 202 €

↓ 1.6% vs Q2 2026

Labour taxes

86 253 €

↓ 1.1% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Manufacture of electrical equipment · EMTAK 27

Turnover · Q3 2026 523 129 €

above 63% of companies

industry median 215 709 € · companies in the industry: 143
Labour taxes per employee 3 921 €

above 76% of companies

industry median 2 978 € · companies in the industry: 116
Revenue · 2025 2 mn €

above 77% of companies

industry median 131 237 € · companies in the industry: 178
Net profit margin · 2025 0.4 %

above 32% of companies

industry median 3.8 % · companies in the industry: 135

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 523 129 € · −21.9% vs Q2 2026 · industry median 215 709 € · above 63% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 3 921 € · −5.6% vs Q2 2026 · industry median 2 978 € · above 76% of the industry

Company
Industry median

Industry: Manufacture of electrical equipment (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: 81 202 € · −1.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	523 129	81 202	86 253	22
Q2 2026	669 615	82 534	87 188	21
Q1 2026	492 061	68 719	73 678	20
Q4 2025	505 379	80 286	84 003	20
Q3 2025	532 978	78 539	82 343	19
Q2 2025	578 152	72 437	75 993	20
Q1 2025	430 102	68 009	71 745	19
Q4 2024	430 879	72 002	75 767	20
Q3 2024	375 939	39 063	36 318	19
Q2 2024	506 402	59 824	60 240	16
Q1 2024	303 580	51 486	53 283	15
Q4 2023	320 711	48 585	50 728	14
Q3 2023	242 645	48 806	50 532	12
Q2 2023	268 340	48 237	50 641	13
Q1 2023	372 458	75 424	77 934	12
Q4 2022	548 796	61 094	64 278	17
Q3 2022	404 764	60 522	62 355	18
Q2 2022	580 777	54 924	58 114	19
Q1 2022	476 771	49 222	52 179	18

Labour taxes per employee per month

1 307 €

Turnover per employee in the quarter

23 779 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 990 307 € · +27.4% vs 2024 · industry median 131 237 € · above 77% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 7 337 € · +109.0% vs 2024 · industry median 915 € · above 61% of the industry

Company
Industry median

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

Net profit margin, % 2025: 0.4 % · +5.6 pp vs the year before · industry median 3.8 % · above 32% of the industry

Company
Industry median

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

Assets, € thousand 2025: 596 985 € · −1.6% vs 2024

Equity, € thousand 2025: 167 696 € · +4.6% vs 2024

Employees 2025: 19 · +11.8% vs 2024 · industry median 8 · above 60% of the industry

Company
Industry median

Industry: Manufacture of electrical equipment (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	1 990 307	7 337	722 113	596 985	167 696	19
2024	1 562 324	-81 686	631 859	606 531	160 359	17
2023	1 115 112	-39 112	510 375	522 922	242 045	12
2022	2 006 844	120 034	650 813	518 756	281 157	15
2021	1 526 176	121 513	380 636	349 200	161 123	17
2020	462 160	18 233	103 347	186 963	39 610	9
2019	326 742	8 361	93 670	106 456	21 377	4
2018	—	—	—	—	—	3
2017	—	—	—	—	—	2
2016	—	—	—	—	—	3
2015	—	—	—	—	—	2
2014	—	—	—	—	—	0
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	0
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	1
2004	—	—	—	—	—	1
2003	—	—	—	—	—	1
2002	—	—	—	—	—	1
2000	—	—	—	—	—	1
1999	—	—	—	—	—	4
1998	—	—	—	—	—	5
1997	—	—	—	—	—	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

0.4 %

Net profit / revenue

Return on equity (ROE)

4.4 %

Net profit / equity

Return on assets (ROA)

1.2 %

Net profit / assets

Equity ratio

28.1 %

Equity / assets

Debt ratio

71.9 %

Liabilities / assets

Current ratio

0.56

Current assets / current liabilities

Revenue per employee

104 753 €

Revenue / average full-time employees

Labour cost per employee per month

3 167 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	16 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	4 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	4 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	29 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	19 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	6 Oct 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	52 000 €	Swedbank AS	7 Dec 2023 – in force

Board

Peedu Tiitson
Board member · since 4 Jul 1997
Martin Tiitson
Board member · since 7 Nov 2017

Right of representation

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

Owners

Martin Tiitson
Natural person · 5 240 €

100%

Activities (EMTAK)

27401Manufacture of lighting equipment Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10014664 / 12 17 Jun 2025	Amendment entry	In force 17 Jun 2025	PDF
Ä 10014664 / 11 14 Oct 2024	Amendment entry	In force 14 Oct 2024	PDF
K 10014664 / 10 7 Dec 2023	Commercial pledge entered	In force 7 Dec 2023	PDF
Ä 10014664 / 9 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10014664 / 8 8 Feb 2018	Amendment entry	In force 8 Feb 2018	PDF
Ä 10014664 / 7 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10014664 / 6 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10014664 / 5 4 Sep 2014	Amendment entry	In force 4 Sep 2014	PDF
Ä 10014664 / 4 6 Jun 2014	Amendment entry	In force 6 Jun 2014	PDF
Ä 10014664 / 3 29 Dec 2011	Amendment entry	In force 29 Dec 2011	PDF
Ä 10014664 / 2 30 Jun 2010	Deletion of activities from the registry card	In force 30 Jun 2010	PDF

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