OÜ Combiwood

Active Registry code 10998092 OÜ Möldre küla Registered 18 Dec 2003
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OÜ Combiwood is a OÜ based in Möldre küla, registry code 10998092, status: active. Main activity: Manufacture of wooden articles and ornaments and other wooden products. According to EMTA, turnover for Q3 2026 was €10 558 638 with 181 employees.

Turnover
10 558 638 €
↓ 14.7% vs Q2 2026
State taxes
506 775 €
↑ 85.6% vs Q2 2026
Labour taxes
640 318 €
↑ 18.1% vs Q2 2026
Employees
181
+5 vs Q2 2026

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 10.6 mn €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 3 538 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 36.1 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 10.0 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 10 558 638 € · −14.7% vs Q2 2026 · industry median 42 609 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 11 071 543 € Industry median: 43 427 €Q4·23Q1 2024 Company: 9 195 224 € Industry median: 39 178 €Q2 2024 Company: 10 969 669 € Industry median: 42 653 €Q2·24Q3 2024 Company: 8 854 445 € Industry median: 38 674 €Q4 2024 Company: 9 374 005 € Industry median: 45 211 €Q4·24Q1 2025 Company: 8 999 353 € Industry median: 37 584 €Q2 2025 Company: 11 744 379 € Industry median: 43 322 €Q2·25Q3 2025 Company: 9 107 106 € Industry median: 41 462 €Q4 2025 Company: 11 005 205 € Industry median: 42 366 €Q4·25Q1 2026 Company: 10 042 856 € Industry median: 42 117 €Q2 2026 Company: 12 384 984 € Industry median: 49 062 €Q2·26Q3 2026 Company: 10 558 638 € Industry median: 42 609 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 9 374 005 € Industry median: 45 211 €Q1 2025 Company: 8 999 353 € Industry median: 37 584 €Q1·25Q2 2025 Company: 11 744 379 € Industry median: 43 322 €Q3 2025 Company: 9 107 106 € Industry median: 41 462 €Q3·25Q4 2025 Company: 11 005 205 € Industry median: 42 366 €Q1 2026 Company: 10 042 856 € Industry median: 42 117 €Q1·26Q2 2026 Company: 12 384 984 € Industry median: 49 062 €Q3 2026 Company: 10 558 638 € 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, € Q3 2026: 3 538 € · +14.9% vs Q2 2026 · industry median 1 604 € · above 85% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 896 € Industry median: 1 444 €Q4·23Q1 2024 Company: 2 862 € Industry median: 1 344 €Q2 2024 Company: 2 731 € Industry median: 1 393 €Q2·24Q3 2024 Company: 3 074 € Industry median: 1 466 €Q4 2024 Company: 3 015 € Industry median: 1 526 €Q4·24Q1 2025 Company: 3 141 € Industry median: 1 531 €Q2 2025 Company: 3 010 € Industry median: 1 528 €Q2·25Q3 2025 Company: 3 740 € Industry median: 1 626 €Q4 2025 Company: 2 988 € Industry median: 1 635 €Q4·25Q1 2026 Company: 3 082 € Industry median: 1 561 €Q2 2026 Company: 3 080 € Industry median: 1 556 €Q2·26Q3 2026 Company: 3 538 € Industry median: 1 604 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 015 € Industry median: 1 526 €Q1 2025 Company: 3 141 € Industry median: 1 531 €Q1·25Q2 2025 Company: 3 010 € Industry median: 1 528 €Q3 2025 Company: 3 740 € Industry median: 1 626 €Q3·25Q4 2025 Company: 2 988 € Industry median: 1 635 €Q1 2026 Company: 3 082 € Industry median: 1 561 €Q1·26Q2 2026 Company: 3 080 € Industry median: 1 556 €Q3 2026 Company: 3 538 € 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 Q3 2026: 181 · +2.8% vs Q2 2026
050100150200Q4 2023 Company: 170Q4·23Q1 2024 Company: 172Q2 2024 Company: 171Q2·24Q3 2024 Company: 166Q4 2024 Company: 163Q4·24Q1 2025 Company: 164Q2 2025 Company: 168Q2·25Q3 2025 Company: 169Q4 2025 Company: 174Q4·25Q1 2026 Company: 180Q2 2026 Company: 176Q2·26Q3 2026 Company: 181Q3·26050100150200Q4 2024 Company: 163Q1 2025 Company: 164Q1·25Q2 2025 Company: 168Q3 2025 Company: 169Q3·25Q4 2025 Company: 174Q1 2026 Company: 180Q1·26Q2 2026 Company: 176Q3 2026 Company: 181Q3·26
State taxes, € thousand Q3 2026: 506 775 € · +85.6% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 215 394 €Q4·23Q1 2024 Company: 1 217 796 €Q2 2024 Company: 441 203 €Q2·24Q3 2024 Company: 498 739 €Q4 2024 Company: 466 643 €Q4·24Q1 2025 Company: 1 192 954 €Q2 2025 Company: 209 047 €Q2·25Q3 2025 Company: 600 610 €Q4 2025 Company: 94 806 €Q4·25Q1 2026 Company: 124 863 €Q2 2026 Company: 272 983 €Q2·26Q3 2026 Company: 506 775 €Q3·2602505007501 0001 250Q4 2024 Company: 466 643 €Q1 2025 Company: 1 192 954 €Q1·25Q2 2025 Company: 209 047 €Q3 2025 Company: 600 610 €Q3·25Q4 2025 Company: 94 806 €Q1 2026 Company: 124 863 €Q1·26Q2 2026 Company: 272 983 €Q3 2026 Company: 506 775 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 10 558 638 506 775 640 318 181
Q2 2026 12 384 984 272 983 542 010 176
Q1 2026 10 042 856 124 863 554 766 180
Q4 2025 11 005 205 94 806 519 977 174
Q3 2025 9 107 106 600 610 632 105 169
Q2 2025 11 744 379 209 047 505 627 168
Q1 2025 8 999 353 1 192 954 515 123 164
Q4 2024 9 374 005 466 643 491 375 163
Q3 2024 8 854 445 498 739 510 343 166
Q2 2024 10 969 669 441 203 466 916 171
Q1 2024 9 195 224 1 217 796 492 332 172
Q4 2023 11 071 543 215 394 492 331 170
Q3 2023 9 684 765 472 028 498 923 171
Q2 2023 11 971 743 943 310 450 285 180
Q1 2023 10 585 198 2 167 174 486 880 181
Q4 2022 9 987 449 460 602 485 415 172
Q3 2022 10 219 438 553 512 582 769 183
Q2 2022 16 505 112 199 087 528 452 186
Q1 2022 12 404 760 582 824 615 746 198
Labour taxes per employee per month
1 179 €
Turnover per employee in the quarter
58 335 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 36 099 158 € · +3.8% vs 2024 · industry median 44 569 € · above 98% of the industry
020 00040 00060 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29 844 112 € Industry median: 60 904 €20192020 Company: 38 383 044 € Industry median: 53 378 €20202021 Company: 51 591 215 € Industry median: 56 581 €20212022 Company: 44 731 885 € Industry median: 60 349 €20222023 Company: 38 426 209 € Industry median: 46 749 €20232024 Company: 34 793 878 € Industry median: 39 981 €20242025 Company: 36 099 158 € Industry median: 44 569 €2025020 00040 00060 0002018 Company: — Industry median: —2019 Company: 29 844 112 € Industry median: 60 904 €20192020 Company: 38 383 044 € Industry median: 53 378 €2021 Company: 51 591 215 € Industry median: 56 581 €20212022 Company: 44 731 885 € Industry median: 60 349 €2023 Company: 38 426 209 € Industry median: 46 749 €20232024 Company: 34 793 878 € Industry median: 39 981 €2025 Company: 36 099 158 € 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, € thousand 2025: 3 595 533 € · −0.3% vs 2024 · industry median 162 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 229 462 € Industry median: 1 078 €20192020 Company: 6 205 068 € Industry median: 611 €20202021 Company: 9 727 482 € Industry median: 1 731 €20212022 Company: 5 042 425 € Industry median: 1 354 €20222023 Company: 947 483 € Industry median: 156 €20232024 Company: 3 605 548 € Industry median: 21 €20242025 Company: 3 595 533 € Industry median: 162 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 229 462 € Industry median: 1 078 €20192020 Company: 6 205 068 € Industry median: 611 €2021 Company: 9 727 482 € Industry median: 1 731 €20212022 Company: 5 042 425 € Industry median: 1 354 €2023 Company: 947 483 € Industry median: 156 €20232024 Company: 3 605 548 € Industry median: 21 €2025 Company: 3 595 533 € 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: 10.0 % · −0.4 pp vs the year before · industry median 2.0 % · above 74% of the industry
051015202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.8 % Industry median: 3.8 %20192020 Company: 16.2 % Industry median: 3.5 %20202021 Company: 18.9 % Industry median: 5.3 %20212022 Company: 11.3 % Industry median: 5.2 %20222023 Company: 2.5 % Industry median: 2.4 %20232024 Company: 10.4 % Industry median: 1.6 %20242025 Company: 10.0 % Industry median: 2.0 %2025051015202018 Company: — Industry median: —2019 Company: 0.8 % Industry median: 3.8 %20192020 Company: 16.2 % Industry median: 3.5 %2021 Company: 18.9 % Industry median: 5.3 %20212022 Company: 11.3 % Industry median: 5.2 %2023 Company: 2.5 % Industry median: 2.4 %20232024 Company: 10.4 % Industry median: 1.6 %2025 Company: 10.0 % 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: 34 906 117 € · +1.8% vs 2024
010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 36 070 196 €20192020 Company: 36 788 886 €20202021 Company: 45 761 941 €20212022 Company: 45 879 248 €20222023 Company: 36 878 834 €20232024 Company: 34 288 257 €20242025 Company: 34 906 117 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 36 070 196 €20192020 Company: 36 788 886 €2021 Company: 45 761 941 €20212022 Company: 45 879 248 €2023 Company: 36 878 834 €20232024 Company: 34 288 257 €2025 Company: 34 906 117 €2025
Equity, € thousand 2025: 29 607 240 € · +9.5% vs 2024
010 00020 00030 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 23 300 201 €20192020 Company: 27 420 269 €20202021 Company: 36 387 751 €20212022 Company: 33 630 176 €20222023 Company: 27 744 659 €20232024 Company: 27 035 207 €20242025 Company: 29 607 240 €2025010 00020 00030 00040 0002018 Company: —2019 Company: 23 300 201 €20192020 Company: 27 420 269 €2021 Company: 36 387 751 €20212022 Company: 33 630 176 €2023 Company: 27 744 659 €20232024 Company: 27 035 207 €2025 Company: 29 607 240 €2025
Employees 2025: 180 · −2.2% vs 2024 · industry median 3 · above 98% of the industry
0501001502002016 Company: 148 Industry median: —20162017 Company: 148 Industry median: —20172018 Company: 0 Industry median: 420182019 Company: 0 Industry median: 420192020 Company: 166 Industry median: 420202021 Company: 198 Industry median: 420212022 Company: 186 Industry median: 420222023 Company: 178 Industry median: 320232024 Company: 184 Industry median: 320242025 Company: 180 Industry median: 320250501001502002018 Company: 0 Industry median: 42019 Company: 0 Industry median: 420192020 Company: 166 Industry median: 42021 Company: 198 Industry median: 420212022 Company: 186 Industry median: 42023 Company: 178 Industry median: 320232024 Company: 184 Industry median: 32025 Company: 180 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 36 099 158 3 595 533 5 381 351 34 906 117 29 607 240 180
2024 34 793 878 3 605 548 4 925 944 34 288 257 27 035 207 184
2023 38 426 209 947 483 4 949 295 36 878 834 27 744 659 178
2022 44 731 885 5 042 425 5 006 011 45 879 248 33 630 176 186
2021 51 591 215 9 727 482 5 938 473 45 761 941 36 387 751 198
2020 38 383 044 6 205 068 5 135 416 36 788 886 27 420 269 166
2019 29 844 112 229 462 4 219 828 36 070 196 23 300 201 0
2018 — — — — — 0
2017 — — — — — 148
2016 — — — — — 148
2015 — — — — — 151
2014 — — — — — 141
2013 — — — — — 112
2012 — — — — — 98
2011 — — — — — 98
2010 — — — — — 85
2009 — — — — — 78
2008 — — — — — 67
2007 — — — — — 67
2006 — — — — — 77
2005 — — — — — 48
2004 — — — — — 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
10.0 %
Net profit / revenue
Return on equity (ROE)
12.1 %
Net profit / equity
Return on assets (ROA)
10.3 %
Net profit / assets
Equity ratio
84.8 %
Equity / assets
Debt ratio
15.2 %
Liabilities / assets
Current ratio
2.90
Current assets / current liabilities
Revenue per employee
200 551 €
Revenue / average full-time employees
Labour cost per employee per month
2 491 €
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 · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 9 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 5 Nov 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Oct 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
5 1 000 000 € Op Corporate Bank Plc 22 Sep 2014 – in force
4 11 000 000 EEK Op Corporate Bank Plc 4 Apr 2008 – in force
3 2 000 000 EEK Op Corporate Bank Plc 6 Jun 2007 – in force
2 2 000 000 EEK Op Corporate Bank Plc 19 Oct 2005 – in force

Board

  • Priit Koha
    Board member · since 11 Jan 2018
  • Janek Antipin
    Board member · since 21 Sep 2023
  • Ullabritt Murumaa
    Board member · since 7 Jun 2024
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Owner in

Beneficial owners

  • Ullabritt Murumaa
    Member of a senior management body (management or supervisory board) · since 6 Jun 2024
  • Janek Antipin
    Member of a senior management body (management or supervisory board) · since 21 Mar 2024
  • Priit Koha
    Member of a senior management body (management or supervisory board) · since 21 Mar 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16281Manufacture of wooden articles and ornaments and other wooden products Main
Rulings
Number, date Title Deadline State Document
Ä 20029931 / M1
6 Jul 2024
Warning of a fine: annual report not filed 5 Aug 2024 Deficiencies eliminated
19 Jul 2024
PDF
Ä 20029931 / 18
7 Jun 2024
Amendment entry In force
7 Jun 2024
PDF
Ä 20029931 / 17
21 Sep 2023
Amendment entry In force
21 Sep 2023
PDF
Ä 20029931 / 16
21 Mar 2023
Amendment entry In force
21 Mar 2023
PDF
Ä 20029931 / 15
10 Jun 2019
Amendment under Commercial Code § 525 (2) In force
10 Jun 2019
PDF
Ä 20029931 / 14
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20029931 / 13
11 Jan 2018
Amendment entry In force
11 Jan 2018
PDF
Ä 20029931 / 12
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20029931 / 11
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20029931 / 10
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 20029931 / 9
8 May 2017
Commercial pledge amended In force
8 May 2017
PDF
Ä 20029931 / 8
7 Oct 2016
Amendment entry In force
7 Oct 2016
PDF
K 20029931 / 7
22 Sep 2014
Commercial pledge entered In force
22 Sep 2014
PDF
Ä 20029931 / 6
9 Jan 2012
Amendment entry In force
9 Jan 2012
PDF
Ä 20029931 / 5
26 Apr 2011
Note on registration of shares in the Estonian central register of securities In force
26 Apr 2011
PDF
Ä 29931 / 4
28 Sep 2009
Deletion of activities from the registry card In force
28 Sep 2009
PDF
K 29948 / 3
4 Apr 2008
Commercial pledge entered In force
4 Apr 2008
PDF
Ä 29931 / 2
3 Apr 2008
Second (constitutive) merger entry In force
3 Apr 2008
PDF
K 29948 / 2
6 Jun 2007
Commercial pledge entered In force
6 Jun 2007
PDF
Ä 18907 / 4
26 Oct 2005
Note on closing the registry card in the former department In force PDF
K 21089 / 3
26 Oct 2005
Note on closing the commercial pledge card in the former department In force PDF
Ä 29931
19 Oct 2005
Registry card opened in the department of the new seat In force PDF
K 29948
19 Oct 2005
Compliance with Commercial Code § 33 (7.1) In force PDF
Ä 18907 / 3
14 Oct 2005
Note In force PDF
K 21089 / 2
14 Oct 2005
Commercial pledge note In force PDF
K 21089
24 Aug 2005
Commercial pledge entered In force PDF
Ä 18907 / 2
7 Jun 2005
Amendment entry In force PDF
Ä 18907
18 Dec 2003
First entry In force PDF

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