Osaühing Finest Welding

Active Registry code 11521953 OÜ Tobia küla Registered 2 Sep 2008
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Osaühing Finest Welding is a OÜ based in Tobia küla, registry code 11521953, status: active. Main activity: Manufacture of metal structures and parts of structures. According to EMTA, turnover for Q3 2026 was €198 834 with 17 employees.

Turnover
198 834 €
↓ 10.9% vs Q2 2026
State taxes
49 039 €
↑ 9.9% vs Q2 2026
Labour taxes
52 860 €
↑ 10.5% vs Q2 2026
Employees
17
±0 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 198 834 €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 3 109 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 864 754 €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 -4.6 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 198 834 € · −10.9% vs Q2 2026 · industry median 54 051 € · above 72% of the industry
0100200300Q4 2023 Company: 225 516 € Industry median: 47 931 €Q4·23Q1 2024 Company: 184 538 € Industry median: 39 673 €Q2 2024 Company: 113 932 € Industry median: 43 108 €Q2·24Q3 2024 Company: 133 510 € Industry median: 46 432 €Q4 2024 Company: 211 760 € Industry median: 49 785 €Q4·24Q1 2025 Company: 155 460 € Industry median: 42 425 €Q2 2025 Company: 239 266 € Industry median: 50 007 €Q2·25Q3 2025 Company: 215 010 € Industry median: 48 528 €Q4 2025 Company: 262 560 € Industry median: 53 452 €Q4·25Q1 2026 Company: 171 147 € Industry median: 45 198 €Q2 2026 Company: 223 245 € Industry median: 54 700 €Q2·26Q3 2026 Company: 198 834 € Industry median: 54 051 €Q3·260100200300Q4 2024 Company: 211 760 € Industry median: 49 785 €Q1 2025 Company: 155 460 € Industry median: 42 425 €Q1·25Q2 2025 Company: 239 266 € Industry median: 50 007 €Q3 2025 Company: 215 010 € Industry median: 48 528 €Q3·25Q4 2025 Company: 262 560 € Industry median: 53 452 €Q1 2026 Company: 171 147 € Industry median: 45 198 €Q1·26Q2 2026 Company: 223 245 € Industry median: 54 700 €Q3 2026 Company: 198 834 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 109 € · +10.5% vs Q2 2026 · industry median 1 944 € · above 75% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 544 € Industry median: 1 751 €Q4·23Q1 2024 Company: 2 013 € Industry median: 1 757 €Q2 2024 Company: 1 756 € Industry median: 1 735 €Q2·24Q3 2024 Company: 1 717 € Industry median: 1 864 €Q4 2024 Company: 2 591 € Industry median: 1 892 €Q4·24Q1 2025 Company: 1 978 € Industry median: 1 847 €Q2 2025 Company: 2 649 € Industry median: 1 858 €Q2·25Q3 2025 Company: 2 681 € Industry median: 1 902 €Q4 2025 Company: 3 071 € Industry median: 2 028 €Q4·25Q1 2026 Company: 2 264 € Industry median: 1 906 €Q2 2026 Company: 2 813 € Industry median: 1 845 €Q2·26Q3 2026 Company: 3 109 € Industry median: 1 944 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 591 € Industry median: 1 892 €Q1 2025 Company: 1 978 € Industry median: 1 847 €Q1·25Q2 2025 Company: 2 649 € Industry median: 1 858 €Q3 2025 Company: 2 681 € Industry median: 1 902 €Q3·25Q4 2025 Company: 3 071 € Industry median: 2 028 €Q1 2026 Company: 2 264 € Industry median: 1 906 €Q1·26Q2 2026 Company: 2 813 € Industry median: 1 845 €Q3 2026 Company: 3 109 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 17 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 21Q4·23Q1 2024 Company: 22Q2 2024 Company: 15Q2·24Q3 2024 Company: 16Q4 2024 Company: 16Q4·24Q1 2025 Company: 17Q2 2025 Company: 19Q2·25Q3 2025 Company: 20Q4 2025 Company: 17Q4·25Q1 2026 Company: 17Q2 2026 Company: 17Q2·26Q3 2026 Company: 17Q3·2605101520Q4 2024 Company: 16Q1 2025 Company: 17Q1·25Q2 2025 Company: 19Q3 2025 Company: 20Q3·25Q4 2025 Company: 17Q1 2026 Company: 17Q1·26Q2 2026 Company: 17Q3 2026 Company: 17Q3·26
State taxes, € Q3 2026: 49 039 € · +9.9% vs Q2 2026
020 00040 00060 000Q4 2023 Company: 50 611 €Q4·23Q1 2024 Company: 41 556 €Q2 2024 Company: 25 328 €Q2·24Q3 2024 Company: 25 922 €Q4 2024 Company: 40 081 €Q4·24Q1 2025 Company: 43 830 €Q2 2025 Company: 47 423 €Q2·25Q3 2025 Company: 49 771 €Q4 2025 Company: 49 036 €Q4·25Q1 2026 Company: 35 660 €Q2 2026 Company: 44 620 €Q2·26Q3 2026 Company: 49 039 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 40 081 €Q1 2025 Company: 43 830 €Q1·25Q2 2025 Company: 47 423 €Q3 2025 Company: 49 771 €Q3·25Q4 2025 Company: 49 036 €Q1 2026 Company: 35 660 €Q1·26Q2 2026 Company: 44 620 €Q3 2026 Company: 49 039 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 198 834 49 039 52 860 17
Q2 2026 223 245 44 620 47 819 17
Q1 2026 171 147 35 660 38 488 17
Q4 2025 262 560 49 036 52 208 17
Q3 2025 215 010 49 771 53 627 20
Q2 2025 239 266 47 423 50 333 19
Q1 2025 155 460 43 830 33 632 17
Q4 2024 211 760 40 081 41 451 16
Q3 2024 133 510 25 922 27 469 16
Q2 2024 113 932 25 328 26 340 15
Q1 2024 184 538 41 556 44 284 22
Q4 2023 225 516 50 611 53 432 21
Q3 2023 241 733 52 577 56 304 23
Q2 2023 254 095 55 715 59 648 24
Q1 2023 268 885 59 137 58 967 25
Q4 2022 289 571 61 369 65 577 25
Q3 2022 251 836 55 870 59 900 26
Q2 2022 290 657 61 254 65 540 25
Q1 2022 237 022 50 303 53 217 25
Labour taxes per employee per month
1 036 €
Turnover per employee in the quarter
11 696 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 864 754 € · +38.4% vs 2024 · industry median 71 144 € · above 82% of the industry
02505007501 0001 2502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 844 195 € Industry median: 87 578 €20192020 Company: 732 640 € Industry median: 80 652 €20202021 Company: 878 112 € Industry median: 85 610 €20212022 Company: 1 101 185 € Industry median: 84 505 €20222023 Company: 940 449 € Industry median: 79 655 €20232024 Company: 624 916 € Industry median: 75 081 €20242025 Company: 864 754 € Industry median: 71 144 €202502505007501 0001 2502018 Company: — Industry median: —2019 Company: 844 195 € Industry median: 87 578 €20192020 Company: 732 640 € Industry median: 80 652 €2021 Company: 878 112 € Industry median: 85 610 €20212022 Company: 1 101 185 € Industry median: 84 505 €2023 Company: 940 449 € Industry median: 79 655 €20232024 Company: 624 916 € Industry median: 75 081 €2025 Company: 864 754 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -39 880 € · +28.2% vs 2024 · industry median 904 € · above 7% of the industry
-60 000-40 000-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 16 022 € Industry median: 3 345 €20192020 Company: 29 267 € Industry median: 1 618 €20202021 Company: -17 790 € Industry median: 2 495 €20212022 Company: 28 326 € Industry median: 3 066 €20222023 Company: -31 711 € Industry median: 1 431 €20232024 Company: -55 578 € Industry median: 714 €20242025 Company: -39 880 € Industry median: 904 €2025-60 000-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 16 022 € Industry median: 3 345 €20192020 Company: 29 267 € Industry median: 1 618 €2021 Company: -17 790 € Industry median: 2 495 €20212022 Company: 28 326 € Industry median: 3 066 €2023 Company: -31 711 € Industry median: 1 431 €20232024 Company: -55 578 € Industry median: 714 €2025 Company: -39 880 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4.6 % · +4.3 pp vs the year before · industry median 3.4 % · above 21% of the industry
-10-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.9 % Industry median: 4.9 %20192020 Company: 4.0 % Industry median: 3.7 %20202021 Company: -2.0 % Industry median: 4.4 %20212022 Company: 2.6 % Industry median: 5.1 %20222023 Company: -3.4 % Industry median: 4.2 %20232024 Company: -8.9 % Industry median: 2.9 %20242025 Company: -4.6 % Industry median: 3.4 %2025-10-505102018 Company: — Industry median: —2019 Company: 1.9 % Industry median: 4.9 %20192020 Company: 4.0 % Industry median: 3.7 %2021 Company: -2.0 % Industry median: 4.4 %20212022 Company: 2.6 % Industry median: 5.1 %2023 Company: -3.4 % Industry median: 4.2 %20232024 Company: -8.9 % Industry median: 2.9 %2025 Company: -4.6 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 125 178 € · −13.5% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 137 156 €20192020 Company: 188 675 €20202021 Company: 197 390 €20212022 Company: 213 824 €20222023 Company: 151 908 €20232024 Company: 144 646 €20242025 Company: 125 178 €20250501001502002502018 Company: —2019 Company: 137 156 €20192020 Company: 188 675 €2021 Company: 197 390 €20212022 Company: 213 824 €2023 Company: 151 908 €20232024 Company: 144 646 €2025 Company: 125 178 €2025
Equity, € thousand 2025: 9 304 € · −81.1% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 96 670 €20192020 Company: 125 937 €20202021 Company: 108 147 €20212022 Company: 136 473 €20222023 Company: 104 762 €20232024 Company: 49 184 €20242025 Company: 9 304 €20250501001502018 Company: —2019 Company: 96 670 €20192020 Company: 125 937 €2021 Company: 108 147 €20212022 Company: 136 473 €2023 Company: 104 762 €20232024 Company: 49 184 €2025 Company: 9 304 €2025
Employees 2025: 17 · +6.3% vs 2024 · industry median 3 · above 85% of the industry
01020302016 Company: 8 Industry median: —20162017 Company: 13 Industry median: —20172018 Company: 18 Industry median: 420182019 Company: 20 Industry median: 320192020 Company: 18 Industry median: 320202021 Company: 24 Industry median: 320212022 Company: 26 Industry median: 320222023 Company: 24 Industry median: 320232024 Company: 16 Industry median: 320242025 Company: 17 Industry median: 3202501020302018 Company: 18 Industry median: 42019 Company: 20 Industry median: 320192020 Company: 18 Industry median: 32021 Company: 24 Industry median: 320212022 Company: 26 Industry median: 32023 Company: 24 Industry median: 320232024 Company: 16 Industry median: 32025 Company: 17 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 864 754 -39 880 806 093 125 178 9 304 17
2024 624 916 -55 578 497 764 144 646 49 184 16
2023 940 449 -31 711 816 590 151 908 104 762 24
2022 1 101 185 28 326 910 262 213 824 136 473 26
2021 878 112 -17 790 747 487 197 390 108 147 24
2020 732 640 29 267 578 520 188 675 125 937 18
2019 844 195 16 022 652 636 137 156 96 670 20
2018 — — — — — 18
2017 — — — — — 13
2016 — — — — — 8
2015 — — — — — 10
2014 — — — — — 10
2013 — — — — — 6
2012 — — — — — 5
2011 — — — — — 5
2010 — — — — — 5
2009 — — — — — 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
-4.6 %
Net profit / revenue
Return on equity (ROE)
-428.6 %
Net profit / equity
Return on assets (ROA)
-31.9 %
Net profit / assets
Equity ratio
7.4 %
Equity / assets
Debt ratio
92.6 %
Liabilities / assets
Current ratio
0.78
Current assets / current liabilities
Revenue per employee
50 868 €
Revenue / average full-time employees
Labour cost per employee per month
3 951 €
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 16 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Jan 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 Feb 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 Mar 2020 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

  • Erik Aaver
    Founder · 40 000 € · 2 Sep 2008

Activities (EMTAK)

  • 2511Manufacture of metal structures and parts of structures Main
Rulings
Number, date Title Deadline State Document
Ä 40021762 / 14
2 Sep 2025
Amendment entry In force
2 Sep 2025
PDF
Ä 40021762 / M2
19 May 2025
Ruling to correct data outside an entry 29 May 2025 In force
19 May 2025
PDF
Ä 40021762 / 13
19 May 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
19 May 2025
PDF
Ä 40021762 / 12
11 Oct 2023
Amendment entry In force
11 Oct 2023
PDF
Ä 40021762 / 11
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 40021762 / 10
25 Sep 2020
Amendment entry In force
25 Sep 2020
PDF
Ä 40021762 / 9
10 Mar 2020
Amendment entry In force
10 Mar 2020
PDF
Ä 40021762 / 8
24 Apr 2018
Amendment under Commercial Code § 525 (2) In force
24 Apr 2018
PDF
Ä 40021762 / 7
5 Apr 2018
Amendment entry In force
5 Apr 2018
PDF
Ä 40021762 / 6
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 40021762 / 5
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 40021762 / 4
11 Aug 2016
Amendment entry In force
11 Aug 2016
PDF
Ä 40021762 / M1
4 Aug 2016
Ruling to eliminate deficiencies 3 Sep 2016 Deficiencies eliminated
11 Aug 2016
PDF
Ä 40021762 / 3
3 Sep 2015
Amendment entry In force
3 Sep 2015
PDF
Ä 40021762 / 2
21 Nov 2011
Amendment entry In force
21 Nov 2011
PDF
Ä 21762
2 Sep 2008
First entry In force
2 Sep 2008
PDF

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