osaühing Falaris Puit

Active Registry code 11104576 OÜ Tartu linn Registered 2 Feb 2005
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osaühing Falaris Puit is a OÜ based in Tartu linn, registry code 11104576, status: active. Main activity: Processing and finishing of wood. According to EMTA, turnover for Q3 2026 was €673 746 with 40 employees.

Turnover
673 746 €
↓ 31.4% vs Q2 2026
State taxes
138 815 €
↓ 18.5% vs Q2 2026
Labour taxes
64 604 €
↓ 18.4% vs Q2 2026
Employees
40
−2 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 673 746 €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 1 615 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 3.6 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 -6.0 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 673 746 € · −31.4% vs Q2 2026 · industry median 42 609 € · above 85% of the industry
02505007501 0001 250Q4 2023 Company: 939 203 € Industry median: 43 427 €Q4·23Q1 2024 Company: 876 519 € Industry median: 39 178 €Q2 2024 Company: 916 766 € Industry median: 42 653 €Q2·24Q3 2024 Company: 838 034 € Industry median: 38 674 €Q4 2024 Company: 987 517 € Industry median: 45 211 €Q4·24Q1 2025 Company: 912 756 € Industry median: 37 584 €Q2 2025 Company: 1 077 207 € Industry median: 43 322 €Q2·25Q3 2025 Company: 607 481 € Industry median: 41 462 €Q4 2025 Company: 1 083 010 € Industry median: 42 366 €Q4·25Q1 2026 Company: 818 696 € Industry median: 42 117 €Q2 2026 Company: 982 069 € Industry median: 49 062 €Q2·26Q3 2026 Company: 673 746 € Industry median: 42 609 €Q3·2602505007501 0001 250Q4 2024 Company: 987 517 € Industry median: 45 211 €Q1 2025 Company: 912 756 € Industry median: 37 584 €Q1·25Q2 2025 Company: 1 077 207 € Industry median: 43 322 €Q3 2025 Company: 607 481 € Industry median: 41 462 €Q3·25Q4 2025 Company: 1 083 010 € Industry median: 42 366 €Q1 2026 Company: 818 696 € Industry median: 42 117 €Q1·26Q2 2026 Company: 982 069 € Industry median: 49 062 €Q3 2026 Company: 673 746 € 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: 1 615 € · −14.4% vs Q2 2026 · industry median 1 604 € · above 50% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 466 € Industry median: 1 444 €Q4·23Q1 2024 Company: 1 655 € Industry median: 1 344 €Q2 2024 Company: 1 619 € Industry median: 1 393 €Q2·24Q3 2024 Company: 1 686 € Industry median: 1 466 €Q4 2024 Company: 1 656 € Industry median: 1 526 €Q4·24Q1 2025 Company: 1 932 € Industry median: 1 531 €Q2 2025 Company: 2 256 € Industry median: 1 528 €Q2·25Q3 2025 Company: 1 869 € Industry median: 1 626 €Q4 2025 Company: 1 667 € Industry median: 1 635 €Q4·25Q1 2026 Company: 1 784 € Industry median: 1 561 €Q2 2026 Company: 1 886 € Industry median: 1 556 €Q2·26Q3 2026 Company: 1 615 € Industry median: 1 604 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 656 € Industry median: 1 526 €Q1 2025 Company: 1 932 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 256 € Industry median: 1 528 €Q3 2025 Company: 1 869 € Industry median: 1 626 €Q3·25Q4 2025 Company: 1 667 € Industry median: 1 635 €Q1 2026 Company: 1 784 € Industry median: 1 561 €Q1·26Q2 2026 Company: 1 886 € Industry median: 1 556 €Q3 2026 Company: 1 615 € 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: 40 · −4.8% vs Q2 2026
01020304050Q4 2023 Company: 35Q4·23Q1 2024 Company: 38Q2 2024 Company: 41Q2·24Q3 2024 Company: 42Q4 2024 Company: 42Q4·24Q1 2025 Company: 47Q2 2025 Company: 39Q2·25Q3 2025 Company: 42Q4 2025 Company: 44Q4·25Q1 2026 Company: 44Q2 2026 Company: 42Q2·26Q3 2026 Company: 40Q3·2601020304050Q4 2024 Company: 42Q1 2025 Company: 47Q1·25Q2 2025 Company: 39Q3 2025 Company: 42Q3·25Q4 2025 Company: 44Q1 2026 Company: 44Q1·26Q2 2026 Company: 42Q3 2026 Company: 40Q3·26
State taxes, € thousand Q3 2026: 138 815 € · −18.5% vs Q2 2026
050100150200Q4 2023 Company: 68 969 €Q4·23Q1 2024 Company: 77 419 €Q2 2024 Company: 57 340 €Q2·24Q3 2024 Company: 181 308 €Q4 2024 Company: 94 401 €Q4·24Q1 2025 Company: 91 783 €Q2 2025 Company: 134 855 €Q2·25Q3 2025 Company: 87 239 €Q4 2025 Company: 96 586 €Q4·25Q1 2026 Company: 95 263 €Q2 2026 Company: 170 246 €Q2·26Q3 2026 Company: 138 815 €Q3·26050100150200Q4 2024 Company: 94 401 €Q1 2025 Company: 91 783 €Q1·25Q2 2025 Company: 134 855 €Q3 2025 Company: 87 239 €Q3·25Q4 2025 Company: 96 586 €Q1 2026 Company: 95 263 €Q1·26Q2 2026 Company: 170 246 €Q3 2026 Company: 138 815 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 673 746 138 815 64 604 40
Q2 2026 982 069 170 246 79 212 42
Q1 2026 818 696 95 263 78 509 44
Q4 2025 1 083 010 96 586 73 330 44
Q3 2025 607 481 87 239 78 508 42
Q2 2025 1 077 207 134 855 87 995 39
Q1 2025 912 756 91 783 90 827 47
Q4 2024 987 517 94 401 69 547 42
Q3 2024 838 034 181 308 70 801 42
Q2 2024 916 766 57 340 66 393 41
Q1 2024 876 519 77 419 62 901 38
Q4 2023 939 203 68 969 51 321 35
Q3 2023 758 036 116 663 58 164 38
Q2 2023 1 090 281 119 794 51 635 37
Q1 2023 1 161 910 57 349 45 489 38
Q4 2022 1 119 332 61 746 39 328 38
Q3 2022 887 734 62 899 40 798 39
Q2 2022 901 375 114 833 40 969 37
Q1 2022 743 088 67 202 44 045 38
Labour taxes per employee per month
538 €
Turnover per employee in the quarter
16 844 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 605 012 € · −2.4% vs 2024 · industry median 44 569 € · above 91% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 709 932 € Industry median: 60 904 €20192020 Company: 2 169 129 € Industry median: 53 378 €20202021 Company: 2 583 463 € Industry median: 56 581 €20212022 Company: 3 760 878 € Industry median: 60 349 €20222023 Company: 3 852 949 € Industry median: 46 749 €20232024 Company: 3 692 944 € Industry median: 39 981 €20242025 Company: 3 605 012 € Industry median: 44 569 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 2 709 932 € Industry median: 60 904 €20192020 Company: 2 169 129 € Industry median: 53 378 €2021 Company: 2 583 463 € Industry median: 56 581 €20212022 Company: 3 760 878 € Industry median: 60 349 €2023 Company: 3 852 949 € Industry median: 46 749 €20232024 Company: 3 692 944 € Industry median: 39 981 €2025 Company: 3 605 012 € 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: -217 538 € · −419.3% vs 2024 · industry median 162 € · above 2% of the industry
-300-200-10001002002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 931 € Industry median: 1 078 €20192020 Company: -41 574 € Industry median: 611 €20202021 Company: 12 213 € Industry median: 1 731 €20212022 Company: 11 742 € Industry median: 1 354 €20222023 Company: 143 463 € Industry median: 156 €20232024 Company: 68 139 € Industry median: 21 €20242025 Company: -217 538 € Industry median: 162 €2025-300-200-10001002002018 Company: — Industry median: —2019 Company: 1 931 € Industry median: 1 078 €20192020 Company: -41 574 € Industry median: 611 €2021 Company: 12 213 € Industry median: 1 731 €20212022 Company: 11 742 € Industry median: 1 354 €2023 Company: 143 463 € Industry median: 156 €20232024 Company: 68 139 € Industry median: 21 €2025 Company: -217 538 € 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: -6.0 % · −7.9 pp vs the year before · industry median 2.0 % · above 23% of the industry
-8-5-303582016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.1 % Industry median: 3.8 %20192020 Company: -1.9 % Industry median: 3.5 %20202021 Company: 0.5 % Industry median: 5.3 %20212022 Company: 0.3 % Industry median: 5.2 %20222023 Company: 3.7 % Industry median: 2.4 %20232024 Company: 1.8 % Industry median: 1.6 %20242025 Company: -6.0 % Industry median: 2.0 %2025-8-5-303582018 Company: — Industry median: —2019 Company: 0.1 % Industry median: 3.8 %20192020 Company: -1.9 % Industry median: 3.5 %2021 Company: 0.5 % Industry median: 5.3 %20212022 Company: 0.3 % Industry median: 5.2 %2023 Company: 3.7 % Industry median: 2.4 %20232024 Company: 1.8 % Industry median: 1.6 %2025 Company: -6.0 % 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: 987 229 € · +0.6% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 788 332 €20192020 Company: 750 670 €20202021 Company: 799 876 €20212022 Company: 799 541 €20222023 Company: 755 121 €20232024 Company: 980 934 €20242025 Company: 987 229 €202502004006008001 0002018 Company: —2019 Company: 788 332 €20192020 Company: 750 670 €2021 Company: 799 876 €20212022 Company: 799 541 €2023 Company: 755 121 €20232024 Company: 980 934 €2025 Company: 987 229 €2025
Equity, € thousand 2025: 27 854 € · −88.6% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 95 159 €20192020 Company: 53 585 €20202021 Company: 65 798 €20212022 Company: 77 540 €20222023 Company: 221 003 €20232024 Company: 245 392 €20242025 Company: 27 854 €20250501001502002502018 Company: —2019 Company: 95 159 €20192020 Company: 53 585 €2021 Company: 65 798 €20212022 Company: 77 540 €2023 Company: 221 003 €20232024 Company: 245 392 €2025 Company: 27 854 €2025
Employees 2025: 21 · −8.7% vs 2024 · industry median 3 · above 83% of the industry
010203040502016 Company: 44 Industry median: —20162017 Company: 44 Industry median: —20172018 Company: 36 Industry median: 420182019 Company: 22 Industry median: 420192020 Company: 23 Industry median: 420202021 Company: 22 Industry median: 420212022 Company: 21 Industry median: 420222023 Company: 22 Industry median: 320232024 Company: 23 Industry median: 320242025 Company: 21 Industry median: 320250102030402018 Company: 36 Industry median: 42019 Company: 22 Industry median: 420192020 Company: 23 Industry median: 42021 Company: 22 Industry median: 420212022 Company: 21 Industry median: 42023 Company: 22 Industry median: 320232024 Company: 23 Industry median: 32025 Company: 21 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 3 605 012 -217 538 872 069 987 229 27 854 21
2024 3 692 944 68 139 806 988 980 934 245 392 23
2023 3 852 949 143 463 636 759 755 121 221 003 22
2022 3 760 878 11 742 493 918 799 541 77 540 21
2021 2 583 463 12 213 483 008 799 876 65 798 22
2020 2 169 129 -41 574 321 051 750 670 53 585 23
2019 2 709 932 1 931 499 331 788 332 95 159 22
2018 — — — — — 36
2017 — — — — — 44
2016 — — — — — 44
2015 — — — — — 40
2014 — — — — — 42
2013 — — — — — 14
2012 — — — — — 39
2011 — — — — — 27
2010 — — — — — 20
2009 — — — — — 17
2008 — — — — — 14
2007 — — — — — 14
2006 — — — — — 15

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
-6.0 %
Net profit / revenue
Return on equity (ROE)
-781.0 %
Net profit / equity
Return on assets (ROA)
-22.0 %
Net profit / assets
Equity ratio
2.8 %
Equity / assets
Debt ratio
97.2 %
Liabilities / assets
Current ratio
0.50
Current assets / current liabilities
Revenue per employee
171 667 €
Revenue / average full-time employees
Labour cost per employee per month
3 461 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Nov 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 100 000 € Swedbank AS 7 Jun 2018 – in force

Board

Right of representation

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

Owners

Beneficial owners

  • Alar Kelus
    Over 50% of voting rights in the consolidated entity · since 1 Sep 2018

Founders and other persons

Activities (EMTAK)

  • 16121Processing and finishing of wood Main
Rulings
Number, date Title Deadline State Document
Ä 20028268 / 12
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20028268 / 11
15 Aug 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Aug 2023
PDF
Ä 20028268 / 10
18 Oct 2018
Second (constitutive) merger entry In force
18 Oct 2018
PDF
Ä 20028268 / 9
17 Sep 2018
Entry refused In force
2 Oct 2018
PDF
K 20028268 / 8
7 Jun 2018
Commercial pledge entered In force
7 Jun 2018
PDF
K 20028268 / M2
1 Jun 2018
Ruling to eliminate deficiencies 8 Jun 2018 In force
1 Jun 2018
PDF
Ä 20028268 / 7
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20028268 / 6
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20028268 / 5
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20028268 / 4
31 May 2017
Amendment under Commercial Code § 525 (2) In force
31 May 2017
PDF
Ä 20028268 / 3
2 Jan 2012
Amendment entry In force
2 Jan 2012
PDF
Ä 28268 / 2
3 Dec 2008
Deletion of activities from the registry card In force
9 Dec 2008
PDF
Ä 28268
1 Feb 2005
First entry In force PDF
Ä 28268 / M1
25 Jan 2005
Ruling to eliminate deficiencies (to be served) 25 Mar 2005 In force PDF

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