Osaühing Vaspel

Active Registry code 11178770 OÜ Tartu linn Registered 17 Oct 2005
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Osaühing Vaspel is a OÜ based in Tartu linn, registry code 11178770, status: active. Main activity: Processing and finishing of wood. According to EMTA, turnover for Q3 2026 was €4 327 with employees.

Turnover
4 327 €
↑ 42.0% vs Q2 2026
State taxes
40 €
↑ 73.9% 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 4 327 €
    industry median 42 609 € · companies in the industry: 968
  • Revenue · 2025 15 442 €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 27.6 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 4 327 € · +42.0% vs Q2 2026 · industry median 42 609 € · above 16% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 12 448 € Industry median: 43 427 €Q4·23Q1 2024 Company: 2 460 € Industry median: 39 178 €Q2 2024 Company: 1 724 € Industry median: 42 653 €Q2·24Q3 2024 Company: 1 103 € Industry median: 38 674 €Q4 2024 Company: 8 247 € Industry median: 45 211 €Q4·24Q1 2025 Company: 4 748 € Industry median: 37 584 €Q2 2025 Company: 5 054 € Industry median: 43 322 €Q2·25Q3 2025 Company: 2 854 € Industry median: 41 462 €Q4 2025 Company: 5 329 € Industry median: 42 366 €Q4·25Q1 2026 Company: 3 618 € Industry median: 42 117 €Q2 2026 Company: 3 048 € Industry median: 49 062 €Q2·26Q3 2026 Company: 4 327 € Industry median: 42 609 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 8 247 € Industry median: 45 211 €Q1 2025 Company: 4 748 € Industry median: 37 584 €Q1·25Q2 2025 Company: 5 054 € Industry median: 43 322 €Q3 2025 Company: 2 854 € Industry median: 41 462 €Q3·25Q4 2025 Company: 5 329 € Industry median: 42 366 €Q1 2026 Company: 3 618 € Industry median: 42 117 €Q1·26Q2 2026 Company: 3 048 € Industry median: 49 062 €Q3 2026 Company: 4 327 € 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 2024: 1 063 € · +2.4% vs Q1 2024 · industry median 1 393 € · above 37% of the industry
05001 0001 5002 000Q4 2023 Company: 993 € Industry median: 1 444 €Q4·23Q1 2024 Company: 1 038 € Industry median: 1 344 €Q2 2024 Company: 1 063 € Industry median: 1 393 €Q2·24Q3 2024 Company: — Industry median: 1 466 €Q4 2024 Company: — Industry median: 1 526 €Q4·24Q1 2025 Company: — Industry median: 1 531 €Q2 2025 Company: — 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 000Q4 2024 Company: — Industry median: 1 526 €Q1 2025 Company: — Industry median: 1 531 €Q1·25Q2 2025 Company: — 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 2024: 1 · +0.0% vs Q1 2024
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 40 € · +73.9% vs Q2 2026
02505007501 0001 250Q4 2023 Company: 1 038 €Q4·23Q1 2024 Company: 980 €Q2 2024 Company: 1 004 €Q2·24Q3 2024 Company: 841 €Q4 2024 Company: 70 €Q4·24Q1 2025 Company: 51 €Q2 2025 Company: 212 €Q2·25Q3 2025 Company: 53 €Q4 2025 Company: 94 €Q4·25Q1 2026 Company: 15 €Q2 2026 Company: 23 €Q2·26Q3 2026 Company: 40 €Q3·26050100150200250Q4 2024 Company: 70 €Q1 2025 Company: 51 €Q1·25Q2 2025 Company: 212 €Q3 2025 Company: 53 €Q3·25Q4 2025 Company: 94 €Q1 2026 Company: 15 €Q1·26Q2 2026 Company: 23 €Q3 2026 Company: 40 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 4 327 40 — —
Q2 2026 3 048 23 — —
Q1 2026 3 618 15 — —
Q4 2025 5 329 94 — —
Q3 2025 2 854 53 — —
Q2 2025 5 054 212 — —
Q1 2025 4 748 51 — —
Q4 2024 8 247 70 — —
Q3 2024 1 103 841 892 —
Q2 2024 1 724 1 004 1 063 1
Q1 2024 2 460 980 1 038 1
Q4 2023 12 448 1 038 993 1
Q3 2023 3 161 1 057 918 1
Q2 2023 7 303 869 900 1
Q1 2023 6 986 869 887 1
Q4 2022 7 301 814 864 1
Q3 2022 7 155 820 871 1
Q2 2022 6 107 783 832 1
Q1 2022 8 676 971 786 1

Financials by year

2016 – 2025
Revenue, € 2025: 15 442 € · −6.5% vs 2024 · industry median 44 569 € · above 36% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 28 170 € Industry median: 60 904 €20192020 Company: 30 277 € Industry median: 53 378 €20202021 Company: 32 435 € Industry median: 56 581 €20212022 Company: 25 517 € Industry median: 60 349 €20222023 Company: 23 781 € Industry median: 46 749 €20232024 Company: 16 513 € Industry median: 39 981 €20242025 Company: 15 442 € Industry median: 44 569 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 28 170 € Industry median: 60 904 €20192020 Company: 30 277 € Industry median: 53 378 €2021 Company: 32 435 € Industry median: 56 581 €20212022 Company: 25 517 € Industry median: 60 349 €2023 Company: 23 781 € Industry median: 46 749 €20232024 Company: 16 513 € Industry median: 39 981 €2025 Company: 15 442 € 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: 4 255 € · +132.2% vs 2024 · industry median 162 € · above 67% of the industry
-20 000-15 000-10 000-5 00005 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -5 212 € Industry median: 1 078 €20192020 Company: -3 178 € Industry median: 611 €20202021 Company: -4 351 € Industry median: 1 731 €20212022 Company: -10 991 € Industry median: 1 354 €20222023 Company: -17 002 € Industry median: 156 €20232024 Company: -13 227 € Industry median: 21 €20242025 Company: 4 255 € Industry median: 162 €2025-20 000-15 000-10 000-5 00005 0002018 Company: — Industry median: —2019 Company: -5 212 € Industry median: 1 078 €20192020 Company: -3 178 € Industry median: 611 €2021 Company: -4 351 € Industry median: 1 731 €20212022 Company: -10 991 € Industry median: 1 354 €2023 Company: -17 002 € Industry median: 156 €20232024 Company: -13 227 € Industry median: 21 €2025 Company: 4 255 € 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: 27.6 % · +107.7 pp vs the year before · industry median 2.0 % · above 90% of the industry
-100-75-50-25025502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -18.5 % Industry median: 3.8 %20192020 Company: -10.5 % Industry median: 3.5 %20202021 Company: -13.4 % Industry median: 5.3 %20212022 Company: -43.1 % Industry median: 5.2 %20222023 Company: -71.5 % Industry median: 2.4 %20232024 Company: -80.1 % Industry median: 1.6 %20242025 Company: 27.6 % Industry median: 2.0 %2025-100-75-50-25025502018 Company: — Industry median: —2019 Company: -18.5 % Industry median: 3.8 %20192020 Company: -10.5 % Industry median: 3.5 %2021 Company: -13.4 % Industry median: 5.3 %20212022 Company: -43.1 % Industry median: 5.2 %2023 Company: -71.5 % Industry median: 2.4 %20232024 Company: -80.1 % Industry median: 1.6 %2025 Company: 27.6 % 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, € 2025: 35 978 € · +10.6% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 79 120 €20192020 Company: 77 605 €20202021 Company: 74 322 €20212022 Company: 62 273 €20222023 Company: 45 883 €20232024 Company: 32 517 €20242025 Company: 35 978 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 79 120 €20192020 Company: 77 605 €2021 Company: 74 322 €20212022 Company: 62 273 €2023 Company: 45 883 €20232024 Company: 32 517 €2025 Company: 35 978 €2025
Equity, € 2025: 34 259 € · +14.2% vs 2024
020 00040 00060 00080 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 75 305 €20192020 Company: 75 832 €20202021 Company: 71 481 €20212022 Company: 60 489 €20222023 Company: 43 487 €20232024 Company: 30 004 €20242025 Company: 34 259 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 75 305 €20192020 Company: 75 832 €2021 Company: 71 481 €20212022 Company: 60 489 €2023 Company: 43 487 €20232024 Company: 30 004 €2025 Company: 34 259 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 3 · above 2% of the industry
012342016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 420182019 Company: 1 Industry median: 420192020 Company: 1 Industry median: 420202021 Company: 1 Industry median: 420212022 Company: 1 Industry median: 420222023 Company: 1 Industry median: 320232024 Company: 1 Industry median: 320242025 Company: 0 Industry median: 32025012342018 Company: 2 Industry median: 42019 Company: 1 Industry median: 420192020 Company: 1 Industry median: 42021 Company: 1 Industry median: 420212022 Company: 1 Industry median: 42023 Company: 1 Industry median: 320232024 Company: 1 Industry median: 32025 Company: 0 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 15 442 4 255 0 35 978 34 259 0
2024 16 513 -13 227 8 960 32 517 30 004 1
2023 23 781 -17 002 12 698 45 883 43 487 1
2022 25 517 -10 991 12 091 62 273 60 489 1
2021 32 435 -4 351 10 668 74 322 71 481 1
2020 30 277 -3 178 9 978 77 605 75 832 1
2019 28 170 -5 212 11 799 79 120 75 305 1
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 2
2014 — — — — — 2
2013 — — — — — 2
2012 — — — — — 2
2011 — — — — — 2
2010 — — — — — 1
2009 — — — — — 1
2008 — — — — — 1
2007 — — — — — 2
2006 — — — — — 1
2005 — — — — — 0

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
27.6 %
Net profit / revenue
Return on equity (ROE)
12.4 %
Net profit / equity
Return on assets (ROA)
11.8 %
Net profit / assets
Equity ratio
95.2 %
Equity / assets
Debt ratio
4.8 %
Liabilities / assets
Current ratio
20.93
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 7 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 19 Oct 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 18 Sep 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 19 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 6 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 17 Mar 2021 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

  • OÜ Moverum
    Founder · 40 000 € · 17 Oct 2005
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16121Processing and finishing of wood Main
Rulings
Number, date Title Deadline State Document
Ä 10092604 / M6
22 Aug 2025
Warning of deletion from the register: annual report not filed 25 Nov 2025 Deficiencies eliminated
20 Oct 2025
PDF
Ä 10092604 / M5
1 Sep 2024
Warning of deletion from the register: annual report not filed 5 Dec 2024 Deficiencies eliminated
19 Sep 2024
PDF
Ä 10092604 / M4
8 Jul 2024
Warning of deletion from the register: annual report not filed 11 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 10092604 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10092604 / M3
24 Oct 2018
Warning of deletion published in Ametlikud Teadaanded In force
24 Oct 2018
PDF
Ä 10092604 / M2
17 Apr 2018
Warning of deletion from the register: annual report not filed 17 Oct 2018 Deficiencies eliminated
26 Oct 2018
PDF
Ä 10092604 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10092604 / 7
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 10092604 / 6
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10092604 / 5
30 Dec 2013
Amendment entry In force
30 Dec 2013
PDF
Ä 10092604 / M1
19 Nov 2013
Ruling to eliminate deficiencies 19 Dec 2013 Deficiencies eliminated
30 Dec 2013
PDF
Ä 10092604 / 4
24 Aug 2010
Deletion of activities from the registry card In force
24 Aug 2010
PDF
Ä 92604 / 3
20 Mar 2008
Amendment entry In force
20 Mar 2008
PDF
Ä 92604 / 2
1 Nov 2005
Amendment entry In force PDF
Ä 92604
17 Oct 2005
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