osaühing Finak

Active Registry code 10240596 OÜ Tartu linn Registered 11 Jul 1997
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osaühing Finak is a OÜ based in Tartu linn, registry code 10240596, status: active. Main activity: Manufacture of prefabricated wooden buildings or elements thereof. According to EMTA, turnover for Q3 2026 was €16 239 with employees.

Turnover
16 239 €
↑ 75.2% vs Q2 2026
State taxes
3 148 €
↑ 715.5% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 16 239 €
    industry median 42 609 € · companies in the industry: 968
  • Revenue · 2025 301 296 €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 -1.1 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 16 239 € · +75.2% vs Q2 2026 · industry median 42 609 € · above 36% of the industry
050100150Q4 2023 Company: 130 685 € Industry median: 43 427 €Q4·23Q1 2024 Company: 105 836 € Industry median: 39 178 €Q2 2024 Company: 64 011 € Industry median: 42 653 €Q2·24Q3 2024 Company: 89 719 € Industry median: 38 674 €Q4 2024 Company: 81 739 € Industry median: 45 211 €Q4·24Q1 2025 Company: 36 217 € Industry median: 37 584 €Q2 2025 Company: 88 415 € Industry median: 43 322 €Q2·25Q3 2025 Company: 75 886 € Industry median: 41 462 €Q4 2025 Company: 8 124 € Industry median: 42 366 €Q4·25Q1 2026 Company: 17 339 € Industry median: 42 117 €Q2 2026 Company: 9 268 € Industry median: 49 062 €Q2·26Q3 2026 Company: 16 239 € Industry median: 42 609 €Q3·26020406080100Q4 2024 Company: 81 739 € Industry median: 45 211 €Q1 2025 Company: 36 217 € Industry median: 37 584 €Q1·25Q2 2025 Company: 88 415 € Industry median: 43 322 €Q3 2025 Company: 75 886 € Industry median: 41 462 €Q3·25Q4 2025 Company: 8 124 € Industry median: 42 366 €Q1 2026 Company: 17 339 € Industry median: 42 117 €Q1·26Q2 2026 Company: 9 268 € Industry median: 49 062 €Q3 2026 Company: 16 239 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2025: 2 167 € · +62.8% vs Q1 2025 · industry median 1 528 € · above 65% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 512 € Industry median: 1 444 €Q4·23Q1 2024 Company: 1 572 € Industry median: 1 344 €Q2 2024 Company: 1 123 € Industry median: 1 393 €Q2·24Q3 2024 Company: 1 342 € Industry median: 1 466 €Q4 2024 Company: 1 304 € Industry median: 1 526 €Q4·24Q1 2025 Company: 1 331 € Industry median: 1 531 €Q2 2025 Company: 2 167 € Industry median: 1 528 €Q2·25Q3 2025 Company: — Industry median: 1 626 €Q4 2025 Company: — Industry median: 1 635 €Q4·25Q1 2026 Company: — Industry median: 1 561 €Q2 2026 Company: — Industry median: 1 556 €Q2·26Q3 2026 Company: — Industry median: 1 604 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 304 € Industry median: 1 526 €Q1 2025 Company: 1 331 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 167 € Industry median: 1 528 €Q3 2025 Company: — Industry median: 1 626 €Q3·25Q4 2025 Company: — Industry median: 1 635 €Q1 2026 Company: — Industry median: 1 561 €Q1·26Q2 2026 Company: — Industry median: 1 556 €Q3 2026 Company: — Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2025: 9 · −52.6% vs Q1 2025
05101520Q4 2023 Company: 20Q4·23Q1 2024 Company: 19Q2 2024 Company: 18Q2·24Q3 2024 Company: 20Q4 2024 Company: 19Q4·24Q1 2025 Company: 19Q2 2025 Company: 9Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·2605101520Q4 2024 Company: 19Q1 2025 Company: 19Q1·25Q2 2025 Company: 9Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 3 148 € · +715.5% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 28 410 €Q4·23Q1 2024 Company: 27 927 €Q2 2024 Company: 18 799 €Q2·24Q3 2024 Company: 24 968 €Q4 2024 Company: 22 929 €Q4·24Q1 2025 Company: 23 445 €Q2 2025 Company: 17 971 €Q2·25Q3 2025 Company: 31 680 €Q4 2025 Company: 268 €Q4·25Q1 2026 Company: 1 079 €Q2 2026 Company: 386 €Q2·26Q3 2026 Company: 3 148 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 22 929 €Q1 2025 Company: 23 445 €Q1·25Q2 2025 Company: 17 971 €Q3 2025 Company: 31 680 €Q3·25Q4 2025 Company: 268 €Q1 2026 Company: 1 079 €Q1·26Q2 2026 Company: 386 €Q3 2026 Company: 3 148 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 16 239 3 148 — —
Q2 2026 9 268 386 — —
Q1 2026 17 339 1 079 — —
Q4 2025 8 124 268 — —
Q3 2025 75 886 31 680 33 185 —
Q2 2025 88 415 17 971 19 502 9
Q1 2025 36 217 23 445 25 287 19
Q4 2024 81 739 22 929 24 780 19
Q3 2024 89 719 24 968 26 830 20
Q2 2024 64 011 18 799 20 209 18
Q1 2024 105 836 27 927 29 859 19
Q4 2023 130 685 28 410 30 235 20
Q3 2023 103 038 30 751 32 978 23
Q2 2023 63 118 27 850 30 159 25
Q1 2023 125 636 29 744 31 905 29
Q4 2022 116 671 32 126 34 454 26
Q3 2022 154 746 29 088 31 254 28
Q2 2022 169 856 26 739 28 646 27
Q1 2022 110 490 26 342 28 070 30

Financials by year

2016 – 2025
Revenue, € thousand 2025: 301 296 € · −32.0% vs 2024 · industry median 44 569 € · above 71% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 664 260 € Industry median: 60 904 €20192020 Company: 626 279 € Industry median: 53 378 €20202021 Company: 644 257 € Industry median: 56 581 €20212022 Company: 734 969 € Industry median: 60 349 €20222023 Company: 626 386 € Industry median: 46 749 €20232024 Company: 442 894 € Industry median: 39 981 €20242025 Company: 301 296 € Industry median: 44 569 €202502004006008002018 Company: — Industry median: —2019 Company: 664 260 € Industry median: 60 904 €20192020 Company: 626 279 € Industry median: 53 378 €2021 Company: 644 257 € Industry median: 56 581 €20212022 Company: 734 969 € Industry median: 60 349 €2023 Company: 626 386 € Industry median: 46 749 €20232024 Company: 442 894 € Industry median: 39 981 €2025 Company: 301 296 € Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -3 302 € · +87.8% vs 2024 · industry median 162 € · above 21% of the industry
-80 000-60 000-40 000-20 000020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -60 958 € Industry median: 1 078 €20192020 Company: -36 218 € Industry median: 611 €20202021 Company: -29 878 € Industry median: 1 731 €20212022 Company: 1 110 € Industry median: 1 354 €20222023 Company: -40 066 € Industry median: 156 €20232024 Company: -27 079 € Industry median: 21 €20242025 Company: -3 302 € Industry median: 162 €2025-80 000-60 000-40 000-20 000020 0002018 Company: — Industry median: —2019 Company: -60 958 € Industry median: 1 078 €20192020 Company: -36 218 € Industry median: 611 €2021 Company: -29 878 € Industry median: 1 731 €20212022 Company: 1 110 € Industry median: 1 354 €2023 Company: -40 066 € Industry median: 156 €20232024 Company: -27 079 € Industry median: 21 €2025 Company: -3 302 € Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1.1 % · +5.0 pp vs the year before · industry median 2.0 % · above 32% of the industry
-10-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -9.2 % Industry median: 3.8 %20192020 Company: -5.8 % Industry median: 3.5 %20202021 Company: -4.6 % Industry median: 5.3 %20212022 Company: 0.2 % Industry median: 5.2 %20222023 Company: -6.4 % Industry median: 2.4 %20232024 Company: -6.1 % Industry median: 1.6 %20242025 Company: -1.1 % Industry median: 2.0 %2025-10-505102018 Company: — Industry median: —2019 Company: -9.2 % Industry median: 3.8 %20192020 Company: -5.8 % Industry median: 3.5 %2021 Company: -4.6 % Industry median: 5.3 %20212022 Company: 0.2 % Industry median: 5.2 %2023 Company: -6.4 % Industry median: 2.4 %20232024 Company: -6.1 % Industry median: 1.6 %2025 Company: -1.1 % Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 285 854 € · +10.6% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 287 094 €20192020 Company: 255 798 €20202021 Company: 265 500 €20212022 Company: 284 001 €20222023 Company: 230 998 €20232024 Company: 258 504 €20242025 Company: 285 854 €202501002003002018 Company: —2019 Company: 287 094 €20192020 Company: 255 798 €2021 Company: 265 500 €20212022 Company: 284 001 €2023 Company: 230 998 €20232024 Company: 258 504 €2025 Company: 285 854 €2025
Equity, € thousand 2025: 12 855 € · −20.4% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 148 288 €20192020 Company: 112 070 €20202021 Company: 82 192 €20212022 Company: 83 302 €20222023 Company: 43 236 €20232024 Company: 16 157 €20242025 Company: 12 855 €20250501001502018 Company: —2019 Company: 148 288 €20192020 Company: 112 070 €2021 Company: 82 192 €20212022 Company: 83 302 €2023 Company: 43 236 €20232024 Company: 16 157 €2025 Company: 12 855 €2025
Employees 2025: 9 · −55.0% vs 2024 · industry median 3 · above 71% of the industry
0102030402016 Company: 33 Industry median: —20162017 Company: 30 Industry median: —20172018 Company: 35 Industry median: 420182019 Company: 32 Industry median: 420192020 Company: 29 Industry median: 420202021 Company: 29 Industry median: 420212022 Company: 29 Industry median: 420222023 Company: 25 Industry median: 320232024 Company: 20 Industry median: 320242025 Company: 9 Industry median: 320250102030402018 Company: 35 Industry median: 42019 Company: 32 Industry median: 420192020 Company: 29 Industry median: 42021 Company: 29 Industry median: 420212022 Company: 29 Industry median: 42023 Company: 25 Industry median: 320232024 Company: 20 Industry median: 32025 Company: 9 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (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 301 296 -3 302 161 308 285 854 12 855 9
2024 442 894 -27 079 296 241 258 504 16 157 20
2023 626 386 -40 066 364 578 230 998 43 236 25
2022 734 969 1 110 374 844 284 001 83 302 29
2021 644 257 -29 878 351 204 265 500 82 192 29
2020 626 279 -36 218 323 227 255 798 112 070 29
2019 664 260 -60 958 374 562 287 094 148 288 32
2018 — — — — — 35
2017 — — — — — 30
2016 — — — — — 33
2015 — — — — — 36
2014 — — — — — 34
2013 — — — — — 36
2012 — — — — — 36
2011 — — — — — 36
2010 — — — — — 34
2009 — — — — — 34
2008 — — — — — 32
2007 — — — — — 35
2006 — — — — — 35
2005 — — — — — 50
2004 — — — — — 52
2003 — — — — — 52
2000 — — — — — 51
1999 — — — — — 51
1998 — — — — — 50
1997 — — — — — 48

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
-1.1 %
Net profit / revenue
Return on equity (ROE)
-25.7 %
Net profit / equity
Return on assets (ROA)
-1.2 %
Net profit / assets
Equity ratio
4.5 %
Equity / assets
Debt ratio
95.5 %
Liabilities / assets
Current ratio
0.95
Current assets / current liabilities
Revenue per employee
33 477 €
Revenue / average full-time employees
Labour cost per employee per month
1 494 €
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 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 14 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 17 Mar 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 12 Mar 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 3 Mar 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16231Manufacture of prefabricated wooden buildings or elements thereof Main
Rulings
Number, date Title Deadline State Document
Ä 20006626 / 14
19 Mar 2026
Amendment entry In force
19 Mar 2026
PDF
Ä 20006626 / M2
4 Mar 2026
Ruling to eliminate deficiencies 20 Mar 2026 Deficiencies eliminated
19 Mar 2026
PDF
Ä 20006626 / 13
4 Mar 2026
Amendment entry In force
4 Mar 2026
PDF
Ä 20006626 / 12
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20006626 / 11
5 May 2022
Amendment entry In force
5 May 2022
PDF
Ä 20006626 / 10
14 Dec 2018
Amendment under Commercial Code § 525 (2) In force
14 Dec 2018
PDF
Ä 20006626 / 9
8 Feb 2018
Amendment entry In force
8 Feb 2018
PDF
Ä 20006626 / 8
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20006626 / 7
31 May 2017
Transformation entry In force
31 May 2017
PDF
Ä 20006626 / 6
10 Nov 2011
Amendment entry In force
10 Nov 2011
PDF
Ä 20006626 / M1
14 Oct 2011
Ruling to eliminate deficiencies 11 Nov 2011 In force
14 Oct 2011
PDF
Ä 20006626 / 5
3 May 2010
Amendment entry In force
3 May 2010
PDF
Ä 6626 / 4
3 Dec 2008
Deletion of activities from the registry card In force
22 Dec 2008
PDF
Ä 6626 / 3
3 Oct 2002
Entry decision on the register’s own initiative In force PDF

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