Osaühing Welding Group

Active Registry code 10577522 OÜ Tartu linn Registered 5 Oct 1999

Osaühing Welding Group is a OÜ based in Tartu linn, registry code 10577522, status: active. Main activity: Manufacture of plastic packing goods. According to EMTA, turnover for Q3 2026 was €392 343 with 10 employees.

Turnover

392 343 €

↓ 8.9% vs Q2 2026

State taxes

60 670 €

↑ 2.5% vs Q2 2026

Labour taxes

25 419 €

↑ 14.4% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of rubber and plastic products · EMTAK 22

Turnover · Q3 2026 392 343 €

above 66% of companies

industry median 106 485 € · companies in the industry: 208
Labour taxes per employee 2 542 €

above 48% of companies

industry median 2 610 € · companies in the industry: 151
Revenue · 2025 1 mn €

above 74% of companies

industry median 141 025 € · companies in the industry: 257
Net profit margin · 2025 -4.1 %

above 21% of companies

industry median 3.5 % · companies in the industry: 202

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 392 343 € · −8.9% vs Q2 2026 · industry median 106 485 € · above 66% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 542 € · +14.4% vs Q2 2026 · industry median 2 610 € · above 48% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 10 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 60 670 € · +2.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	392 343	60 670	25 419	10
Q2 2026	430 756	59 163	22 216	10
Q1 2026	326 279	52 365	29 170	10
Q4 2025	312 618	57 423	29 777	10
Q3 2025	318 739	59 498	32 129	12
Q2 2025	435 725	59 236	29 781	12
Q1 2025	316 635	158 171	33 804	12
Q4 2024	375 221	49 697	26 334	12
Q3 2024	373 203	55 030	26 907	12
Q2 2024	384 491	49 223	26 663	11
Q1 2024	334 659	55 626	26 805	11
Q4 2023	489 332	51 309	26 727	10
Q3 2023	452 585	60 992	23 551	10
Q2 2023	401 382	47 311	20 621	9
Q1 2023	422 492	34 342	22 449	10
Q4 2022	393 226	47 021	28 343	10
Q3 2022	476 841	77 002	27 494	13
Q2 2022	484 098	55 377	21 692	13
Q1 2022	269 421	39 981	20 432	11

Labour taxes per employee per month

847 €

Turnover per employee in the quarter

39 234 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 1 016 581 € · −8.6% vs 2024 · industry median 141 025 € · above 74% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -41 303 € · −161.0% vs 2024 · industry median 382 € · above 9% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4.1 % · −10.2 pp vs the year before · industry median 3.5 % · above 21% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 847 286 € · −0.1% vs 2024

Equity, € thousand 2025: 570 441 € · −6.8% vs 2024

Employees 2025: 9 · −10.0% vs 2024 · industry median 7 · above 55% of the industry

Company
Industry median

Industry: Manufacture of rubber and plastic products (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	1 016 581	-41 303	303 277	847 286	570 441	9
2024	1 112 219	67 702	282 494	848 094	611 744	10
2023	1 202 498	19 024	242 816	1 042 955	926 242	9
2022	1 249 172	55 306	263 841	1 127 258	957 218	10
2021	1 101 642	104 510	194 470	985 519	901 912	8
2020	915 366	55 413	176 491	955 608	797 402	8
2019	840 864	95 376	151 260	831 596	741 989	7
2018	—	—	—	—	—	6
2017	—	—	—	—	—	6
2016	—	—	—	—	—	5
2015	—	—	—	—	—	5
2014	—	—	—	—	—	5
2013	—	—	—	—	—	5
2012	—	—	—	—	—	6
2011	—	—	—	—	—	7
2010	—	—	—	—	—	7
2009	—	—	—	—	—	7
2008	—	—	—	—	—	8
2007	—	—	—	—	—	8
2006	—	—	—	—	—	9
2005	—	—	—	—	—	10
2004	—	—	—	—	—	10
2003	—	—	—	—	—	7
2002	—	—	—	—	—	4
2001	—	—	—	—	—	0
2000	—	—	—	—	—	1

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

-4.1 %

Net profit / revenue

Return on equity (ROE)

-7.2 %

Net profit / equity

Return on assets (ROA)

-4.9 %

Net profit / assets

Equity ratio

67.3 %

Equity / assets

Debt ratio

32.7 %

Liabilities / assets

Current ratio

2.36

Current assets / current liabilities

Revenue per employee

112 953 €

Revenue / average full-time employees

Labour cost per employee per month

2 808 €

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	1 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	12 Aug 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	24 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	10 Nov 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Erkki Hansen
Board member · since 8 Feb 2000

Right of representation

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

Owners

Erkki Hansen
Natural person · 2 556 €

100%

Owner in

Top Print OÜ
35%

Beneficial owners

Erkki Hansen
Direct ownership · since 7 Oct 2018

Founders and other persons

Osaühing Deepak Grupp
Founder · 40 000 € · 5 Oct 1999

shared board members, owners or beneficial owners

Activities (EMTAK)

22221Manufacture of plastic packing goods Main
46861Wholesale of other intermediate products

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20017487 / M3 12 Aug 2024	Fine for not filing the report	27 Aug 2024	In force 27 Aug 2024	PDF
Ä 20017487 / M2 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 13 Aug 2024	PDF
Ä 20017487 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20017487 / M1 24 Aug 2023	Warning of a fine: annual report not filed	23 Sep 2023	Deficiencies eliminated 25 Aug 2023	PDF
Ä 20017487 / 8 18 Apr 2018	Amendment under Commercial Code § 525 (2)		In force 18 Apr 2018	PDF
Ä 20017487 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20017487 / 6 23 Nov 2017	Amendment entry		In force 23 Nov 2017	PDF
Ä 20017487 / 5 9 Dec 2011	Amendment entry		In force 9 Dec 2011	PDF
Ä 17487 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 9 Dec 2008	PDF
Ä 17487 / 3 5 Feb 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

Osaühing Welding Group

Position in the industry Manufacture of rubber and plastic products · EMTAK 22

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10