Woodman OÜ

Active Registry code 11087048 OÜ Mäo küla Registered 1 Dec 2004

Woodman OÜ is a OÜ based in Mäo küla, registry code 11087048, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €1 420 932 with 53 employees.

Turnover

1 420 932 €

↓ 14.3% vs Q2 2026

State taxes

34 397 €

Labour taxes

156 300 €

↑ 7.3% vs Q2 2026

Employees

+2 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 1.4 mn €

above 98% of companies

industry median 30 440 € · companies in the industry: 721
Labour taxes per employee 2 949 €

above 87% of companies

industry median 1 400 € · companies in the industry: 606
Revenue · 2025 7.3 mn €

above 98% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 4.7 %

above 66% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 420 932 € · −14.3% vs Q2 2026 · industry median 30 440 € · above 98% 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: 2 949 € · +3.3% vs Q2 2026 · industry median 1 400 € · above 87% 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: 53 · +3.9% vs Q2 2026

State taxes, € Q3 2026: 34 397 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 420 932	34 397	156 300	53
Q2 2026	1 657 689	—	145 600	51
Q1 2026	1 453 472	15 221	150 641	52
Q4 2025	2 193 927	—	156 758	57
Q3 2025	1 863 085	—	173 596	57
Q2 2025	2 565 776	—	156 856	61
Q1 2025	2 227 176	—	155 997	60
Q4 2024	2 362 710	—	161 748	60
Q3 2024	2 005 214	—	166 301	60
Q2 2024	1 948 494	—	153 105	59
Q1 2024	2 055 073	—	144 771	58
Q4 2023	1 797 028	12 993	131 213	57
Q3 2023	1 420 448	74 103	137 543	57
Q2 2023	1 645 594	63 138	146 459	58
Q1 2023	1 621 563	138 120	146 314	61
Q4 2022	2 094 045	117 149	144 092	62
Q3 2022	1 698 084	135 102	152 188	66
Q2 2022	2 085 581	70 719	136 161	63
Q1 2022	1 830 325	75 381	135 546	64

Labour taxes per employee per month

983 €

Turnover per employee in the quarter

26 810 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 7 305 550 € · +2.8% vs 2024 · industry median 50 390 € · above 98% 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, € thousand 2025: 344 259 € · +2 297.3% vs 2024 · industry median 124 € · above 98% 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: 4.7 % · +4.5 pp vs the year before · industry median 1.1 % · above 66% 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, € thousand 2025: 2 198 722 € · −2.9% vs 2024

Equity, € thousand 2025: 573 015 € · +150.5% vs 2024

Employees 2025: 57 · −6.6% vs 2024 · industry median 2 · above 98% 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	7 305 550	344 259	1 652 521	2 198 722	573 015	57
2024	7 105 345	14 360	1 649 292	2 265 251	228 756	61
2023	5 892 481	-189 416	1 478 992	2 411 175	214 396	59
2022	6 700 194	-154 694	1 491 674	2 455 718	403 812	65
2021	6 896 251	77 139	1 368 293	2 840 421	558 506	62
2020	5 605 039	132 152	1 185 213	2 490 280	481 366	54
2019	4 909 549	-161 520	1 175 200	2 122 567	349 214	58
2018	—	—	—	—	—	58
2017	—	—	—	—	—	60
2016	—	—	—	—	—	59
2015	—	—	—	—	—	55
2014	—	—	—	—	—	52
2013	—	—	—	—	—	40
2012	—	—	—	—	—	51
2011	—	—	—	—	—	60
2010	—	—	—	—	—	25
2009	—	—	—	—	—	9
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	2
2005	—	—	—	—	—	6

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

4.7 %

Net profit / revenue

Return on equity (ROE)

60.1 %

Net profit / equity

Return on assets (ROA)

15.7 %

Net profit / assets

Equity ratio

26.1 %

Equity / assets

Debt ratio

73.9 %

Liabilities / assets

Current ratio

1.10

Current assets / current liabilities

Revenue per employee

128 168 €

Revenue / average full-time employees

Labour cost per employee per month

2 416 €

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	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	11 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	12 May 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Mar 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	700 000 €	Swedbank AS	7 Jun 2013 – in force
2	48 871 €	Swedbank AS	6 Jun 2011 – in force
1	800 000 EEK	Swedbank AS	27 Jun 2005 – in force

Board

Tarvo Mardo
Board member · since 7 Jun 2023

Right of representation

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

Owners

TSE OÜ
Legal person · 12371641 · 48 565 €

47.50%
Osaühing Farad Group
Legal person · 10422512 · 30 644 €

29.97%
Serva Holding OÜ
Legal person · 12566830 · 17 921 €

17.53%
Tõnu Saat
Natural person · 5 112 €

5%

Beneficial owners

Toomas Sutrop
Direct ownership · since 4 Sep 2018
Urmas Vahur
Direct ownership · since 4 Sep 2018

Founders and other persons

Jako Kurn
Founder · 40 000 € · 17 Nov 2004
Ksenia Lukkanen
Audit firm · 20 Feb 2017
Toomas Sutrop
Chairman of the supervisory board · 3 Nov 2023
Eevi Aus
Auditor who valued a non-monetary contribution · 16 Dec 2009
Tõnu Saat
Supervisory board member · 2 Nov 2023
Urmas Vahur
Supervisory board member · 2 Nov 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

31001Manufacture of furniture, except mattresses Main

Rulings 35

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30020817 / 19 14 May 2025	Amendment entry		In force 14 May 2025	PDF
Ä 30020817 / 18 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 30020817 / 17 7 Jun 2023	Amendment entry		In force 7 Jun 2023	PDF
Ä 30020817 / M8 1 Jun 2023	Ruling to eliminate deficiencies	16 Jun 2023	Deficiencies eliminated 7 Jun 2023	PDF
Ä 30020817 / 16 6 Nov 2019	Amendment entry		In force 6 Nov 2019	PDF
Ä 30020817 / 15 5 Jun 2018	Amendment under Commercial Code § 525 (2)		In force 5 Jun 2018	PDF
Ä 30020817 / 14 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 30020817 / 13 7 Jun 2016	Amendment entry		In force 7 Jun 2016	PDF
Ä 30020817 / M7 31 May 2016	Ruling to eliminate deficiencies	30 Jun 2016	Deficiencies eliminated 7 Jun 2016	PDF
Ä 30020817 / 12 25 Feb 2014	Amendment entry		In force 25 Feb 2014	PDF
Ä 30020817 / M6 5 Feb 2014	Ruling to eliminate deficiencies	7 Mar 2014	Deficiencies eliminated 21 Feb 2014	PDF
K 30020817 / 11 7 Jun 2013	Commercial pledge entered		In force 7 Jun 2013	PDF
K 30020817 / 10 7 Jun 2013	Commercial pledge amended		In force 7 Jun 2013	PDF
Ä 30020817 / 9 6 May 2013	Amendment entry		In force 6 May 2013	PDF
Ä 30020817 / 8 16 Nov 2012	Amendment entry		In force 16 Nov 2012	PDF
Ä 30020817 / M5 15 Nov 2012	Ruling to eliminate deficiencies		In force 15 Nov 2012	PDF
Ä 30020817 / 7 5 Jul 2011	Amendment entry		In force 5 Jul 2011	PDF
K 30020900 / 4 6 Jun 2011	Commercial pledge entered		In force 6 Jun 2011	PDF
K 30020900 / 3 6 Jun 2011	Commercial pledge amended		In force 6 Jun 2011	PDF
Ä 30020817 / 6 4 Mar 2011	Amendment entry		In force 4 Mar 2011	PDF
Ä 30020817 / M4 22 Feb 2011	Ruling to eliminate deficiencies		In force 22 Feb 2011	PDF
Ä 30020817 / M3 15 Feb 2011	Ruling to eliminate deficiencies		In force 15 Feb 2011	PDF
Ä 20817 / 5 8 Jan 2010	Amendment entry		In force 8 Jan 2010	PDF
Ä 20817 / M2 31 Dec 2009	Ruling to eliminate deficiencies (to be served)	6 Mar 2010	In force 5 Jan 2010	PDF
Ä 20817 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 20817 / 3 26 Jun 2008	Amendment entry		In force 26 Jun 2008	PDF
K 20900 / 2 26 Jun 2008	Compliance with Commercial Code § 33 (7.1)		In force 26 Jun 2008	PDF
Ä 20817 / M1 5 Jun 2008	Ruling to eliminate deficiencies (to be served)		In force 5 Jul 2008	PDF
Ä 20817 / 2 29 May 2007	Amendment entry		In force 29 May 2007	PDF
K 20900 27 Jun 2005	Commercial pledge entered		In force	PDF
Ä 84574 / 4 3 Jun 2005	Note on closing the registry card in the former department		In force	PDF
Ä 20817 1 Jun 2005	Registry card opened in the department of the new seat		In force	PDF
Ä 84574 / 3 25 May 2005	Note		In force	PDF
Ä 84574 / 2 9 Feb 2005	Amendment entry		In force	PDF
Ä 84574 30 Nov 2004	First entry		In force	PDF

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

Woodman OÜ

Position in the industry Manufacture of furniture · EMTAK 31

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 35