Werkado OÜ

Active Registry code 11466345 OÜ Tallinn Registered 1 Feb 2008

Werkado OÜ is a OÜ based in Tallinn, registry code 11466345, status: active. Main activity: Wholesale of hand tools and general hardware. According to EMTA, turnover for Q3 2026 was €2 749 715 with 16 employees.

Turnover

2 749 715 €

↓ 9.0% vs Q2 2026

State taxes

112 503 €

↓ 8.6% vs Q2 2026

Labour taxes

76 999 €

↑ 4.5% vs Q2 2026

Employees

+2 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 2.7 mn €

above 94% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 4 812 €

above 84% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 6.9 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 0.7 %

above 38% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 2 749 715 € · −9.0% vs Q2 2026 · industry median 60 065 € · above 94% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 812 € · −8.6% vs Q2 2026 · industry median 2 104 € · above 84% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 16 · +14.3% vs Q2 2026

State taxes, € thousand Q3 2026: 112 503 € · −8.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 749 715	112 503	76 999	16
Q2 2026	3 021 553	123 022	73 682	14
Q1 2026	2 086 896	101 258	79 700	14
Q4 2025	3 246 245	181 850	90 754	13
Q3 2025	2 436 195	172 281	93 798	15
Q2 2025	2 773 169	98 889	90 804	15
Q1 2025	2 274 882	129 027	78 322	16
Q4 2024	3 209 110	204 947	78 593	15
Q3 2024	2 582 708	147 217	78 251	15
Q2 2024	3 017 297	151 126	78 608	16
Q1 2024	2 344 489	95 368	70 759	17
Q4 2023	6 099 452	476 200	73 074	16
Q3 2023	2 700 225	120 360	72 293	15
Q2 2023	2 879 289	131 562	74 586	17
Q1 2023	2 750 794	156 058	72 103	17
Q4 2022	7 305 737	487 963	75 141	19
Q3 2022	3 677 934	220 296	64 286	19
Q2 2022	3 221 939	116 658	61 816	20
Q1 2022	2 627 431	74 272	55 010	18

Labour taxes per employee per month

1 604 €

Turnover per employee in the quarter

171 857 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 6 918 105 € · −1.4% vs 2024 · industry median 63 691 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 51 380 € · +97.5% vs 2024 · industry median 127 € · above 84% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.7 % · +0.4 pp vs the year before · industry median 2.7 % · above 38% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 154 011 € · +7.8% vs 2024

Equity, € thousand 2025: 732 473 € · −1.2% vs 2024

Employees 2025: 16 · −5.9% vs 2024 · industry median 2 · above 92% of the industry

Company
Industry median

Industry: Wholesale trade (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	6 918 105	51 380	836 257	3 154 011	732 473	16
2024	7 015 735	26 012	739 951	2 924 532	741 093	17
2023	8 658 543	95 927	699 492	3 182 107	776 081	18
2022	10 689 170	50 477	657 687	3 339 245	680 154	20
2021	6 770 888	160 336	477 361	3 502 373	616 319	18
2020	5 405 167	85 641	395 195	2 426 693	491 983	16
2019	6 066 167	60 561	366 018	2 519 273	406 342	14
2018	—	—	—	—	—	13
2017	—	—	—	—	—	10
2016	—	—	—	—	—	10
2015	—	—	—	—	—	9
2014	—	—	—	—	—	8
2013	—	—	—	—	—	8
2012	—	—	—	—	—	6
2011	—	—	—	—	—	6
2010	—	—	—	—	—	4
2009	—	—	—	—	—	4
2008	—	—	—	—	—	3

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

0.7 %

Net profit / revenue

Return on equity (ROE)

7.0 %

Net profit / equity

Return on assets (ROA)

1.6 %

Net profit / assets

Equity ratio

23.2 %

Equity / assets

Debt ratio

76.8 %

Liabilities / assets

Current ratio

1.22

Current assets / current liabilities

Revenue per employee

434 960 €

Revenue / average full-time employees

Labour cost per employee per month

4 356 €

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	26 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	23 May 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	22 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	22 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
6	173 000 €	AS SEB Pank	21 Nov 2023 – in force
5	91 000 €	AS SEB Pank	20 Mar 2020 – in force
4	39 000 €	AS SEB Pank	9 Aug 2016 – in force
3	26 000 €	AS SEB Pank	19 Feb 2015 – in force
2	26 000 €	AS SEB Pank	11 Apr 2014 – in force
1	65 000 €	AS SEB Pank	25 Apr 2013 – in force

Board

Martin Koort
Board member · since 13 May 2008

Right of representation

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

Owners

Osaühing Adora Invest
Legal person · 11059143 · 152 555 €

100%

Beneficial owners

Martin Koort
Indirect ownership · since 9 Nov 2018

Founders and other persons

Osaühing A-ACCOUNTING
Founder · 40 000 € · 1 Feb 2008
Tiiva Audit OÜ
Audit firm · 2 Jun 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

46842Wholesale of hand tools and general hardware Main

Rulings 28

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10115657 / M11 2 Jan 2025	Refund of the state fee		In force 2 Jan 2025	PDF
Ä 10115657 / M10 2 Jan 2025	Refund of the state fee		In force 2 Jan 2025	PDF
Ä 10115657 / 18 16 Dec 2024	Amendment entry		In force 16 Dec 2024	PDF
Ä 10115657 / M9 14 Jun 2024	Business name reservation confirmed		In force 14 Jun 2024	PDF
Ä 10115657 / M8 14 Jun 2024	Ruling annulling a ruling		In force 14 Jun 2024	PDF
Ä 10115657 / M7 24 Apr 2024	Appeal left without action	9 May 2024	Deficiencies eliminated 29 Apr 2024	PDF
Ä 10115657 / M5 12 Mar 2024	Ruling to eliminate deficiencies	27 Mar 2024	In force 28 Mar 2024	PDF
K 10115657 / 17 21 Nov 2023	Commercial pledge entered		In force 21 Nov 2023	PDF
Ä 10115657 / 16 6 Sep 2022	Amendment entry		In force 6 Sep 2022	PDF
Ä 10115657 / 15 5 Jan 2022	Amendment entry		In force 5 Jan 2022	PDF
Ä 10115657 / M4 28 Dec 2021	Ruling to eliminate deficiencies	7 Jan 2022	Deficiencies eliminated 5 Jan 2022	PDF
K 10115657 / 14 20 Mar 2020	Commercial pledge entered		In force 20 Mar 2020	PDF
Ä 10115657 / 13 26 Jun 2018	Amendment under Commercial Code § 525 (2)		In force 26 Jun 2018	PDF
Ä 10115657 / 12 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10115657 / 11 27 Jul 2017	Amendment entry		In force 27 Jul 2017	PDF
Ä 10115657 / M3 26 Jul 2017	Ruling to eliminate deficiencies	25 Aug 2017	Deficiencies eliminated 27 Jul 2017	PDF
Ä 10115657 / 10 15 Mar 2017	Amendment entry		In force 15 Mar 2017	PDF
Ä 10115657 / 9 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
K 10115657 / 8 9 Aug 2016	Commercial pledge entered		In force 9 Aug 2016	PDF
K 10115657 / 7 19 Feb 2015	Commercial pledge entered		In force 19 Feb 2015	PDF
K 10115657 / 6 11 Apr 2014	Commercial pledge entered		In force 11 Apr 2014	PDF
K 10115657 / 5 25 Apr 2013	Commercial pledge entered		In force 25 Apr 2013	PDF
Ä 10115657 / 4 28 Nov 2011	Amendment entry		In force 28 Nov 2011	PDF
Ä 115657 / 3 12 Dec 2008	Amendment entry		In force 12 Dec 2008	PDF
Ä 115657 / 2 13 May 2008	Amendment entry		In force 13 May 2008	PDF
Ä 115657 / M2 6 May 2008	Ruling to eliminate deficiencies (to be served)	5 Jun 2008	In force 6 May 2008	PDF
Ä 115657 / M1 1 Apr 2008	Ruling to eliminate deficiencies (to be served)	7 May 2008	In force 7 Apr 2008	PDF
Ä 115657 1 Feb 2008	First entry		In force 1 Feb 2008	PDF

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

Werkado OÜ

Position in the industry Wholesale trade · EMTAK 46

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 28