WORKSTAR OÜ
Active Registry code 11684007
OÜ Tallinn Registered 14 Jul 2009
WORKSTAR OÜ is a OÜ based in Tallinn, registry code 11684007, status: active. Main activity: Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes. According to EMTA, turnover for Q3 2026 was €27 468 with 4 employees.
Turnover
27 468 €
↑ 39.5% vs Q2 2026
State taxes
11 139 €
↑ 27.8% vs Q2 2026
Labour taxes
7 076 €
↑ 18.0% vs Q2 2026
Employees
4
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 27 468 €above 42% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 1 769 €above 63% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2025 124 227 €above 71% of companiesindustry median 18 772 € · companies in the industry: 1 075
- Net profit margin · 2025 20.8 %above 84% of companiesindustry median 2.1 % · companies in the industry: 817
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 27 468 | 11 139 | 7 076 | 4 |
| Q2 2026 | 19 695 | 8 715 | 5 996 | 4 |
| Q1 2026 | 19 921 | 8 346 | 5 050 | 4 |
| Q4 2025 | 33 350 | 13 997 | 8 919 | 4 |
| Q3 2025 | 41 152 | 13 346 | 4 466 | 4 |
| Q2 2025 | 27 908 | 10 147 | 4 372 | 3 |
| Q1 2025 | 23 591 | 8 103 | 4 047 | 3 |
| Q4 2024 | 33 884 | 10 543 | 5 916 | 4 |
| Q3 2024 | 46 310 | 15 987 | 9 408 | 5 |
| Q2 2024 | 27 599 | 8 360 | 3 715 | 5 |
| Q1 2024 | 30 962 | 7 610 | 3 925 | 3 |
| Q4 2023 | 41 292 | 7 535 | 3 278 | 3 |
| Q3 2023 | 39 591 | 10 007 | 3 741 | 4 |
| Q2 2023 | 22 004 | 6 390 | 2 379 | 3 |
| Q1 2023 | 17 004 | 4 738 | 2 384 | 4 |
| Q4 2022 | 24 186 | 5 780 | 1 134 | 4 |
| Q3 2022 | 28 380 | 6 720 | 1 974 | 4 |
| Q2 2022 | 17 899 | 4 131 | 1 305 | 3 |
| Q1 2022 | 9 908 | 4 668 | 1 420 | 3 |
Labour taxes per employee per month
590 €
Turnover per employee in the quarter
6 867 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 124 227 | 25 879 | 61 114 | 70 358 | 49 945 | 2 |
| 2024 | 136 622 | 8 619 | 63 793 | 53 285 | 29 066 | 2 |
| 2023 | 122 910 | 307 | 38 943 | 36 737 | 20 447 | 3 |
| 2022 | 83 012 | 6 327 | 21 940 | 39 924 | 20 139 | 3 |
| 2021 | 47 735 | -292 | 23 938 | 30 742 | 13 812 | 2 |
| 2020 | 44 683 | 5 814 | 9 587 | 30 784 | 14 100 | 1 |
| 2019 | 34 873 | 126 | 6 168 | 31 326 | 8 286 | 2 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 1 |
| 2014 | — | — | — | — | — | 1 |
| 2013 | — | — | — | — | — | 2 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 6 |
| 2010 | — | — | — | — | — | 4 |
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
20.8 %
Net profit / revenue
Return on equity (ROE)
51.8 %
Net profit / equity
Return on assets (ROA)
36.8 %
Net profit / assets
Equity ratio
71.0 %
Equity / assets
Debt ratio
29.0 %
Liabilities / assets
Current ratio
1.44
Current assets / current liabilities
Revenue per employee
62 114 €
Revenue / average full-time employees
Labour cost per employee per month
2 546 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 18 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 25 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 25 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 23 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 27 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 28 Sep 2020 | Company’s own | e-Äriregister |
Board
- Ara MatinjanBoard member · since 4 Oct 2017
- Azat MatinjanBoard member · since 4 Oct 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Ara MatinjanNatural person · 1 278 €
- Azat MatinjanNatural person · 1 278 €
Beneficial owners
- Ara MatinjanDirect ownership · since 17 Mar 2021
- Azat MatinjanDirect ownership · since 17 Mar 2021
Founders and other persons
No other persons.
Related companies
Activities (EMTAK)
- 10711Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10131710 / 15 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 10131710 / 14 18 May 2021 |
Amendment under Commercial Code § 525 (2) | In force 18 May 2021 |
||
| Ä 10131710 / 13 3 May 2021 |
Amendment under Commercial Code § 525 (2) | In force 3 May 2021 |
||
| Ä 10131710 / 12 12 Mar 2018 |
Amendment entry | In force 12 Mar 2018 |
||
| Ä 10131710 / 11 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10131710 / 10 4 Oct 2017 |
Amendment entry | In force 4 Oct 2017 |
||
| Ä 10131710 / 9 8 Sep 2016 |
Amendment entry | In force 8 Sep 2016 |
||
| Ä 10131710 / 8 3 Oct 2011 |
Amendment entry | In force 3 Oct 2011 |
||
| Ä 10131710 / M4 10 Aug 2011 |
Ruling to eliminate deficiencies | 30 Sep 2011 | In force 10 Aug 2011 |
|
| Ä 10131710 / 7 20 Jul 2011 |
Entry refused: deficiencies not eliminated | In force 8 Aug 2011 |
||
| Ä 10131710 / M3 1 Jun 2011 |
Ruling to eliminate deficiencies | 30 Jun 2011 | In force 1 Jun 2011 |
|
| Ä 10131710 / M2 18 Apr 2011 |
Ruling to eliminate deficiencies | 31 May 2011 | In force 18 Apr 2011 |
|
| Ä 10131710 / 6 11 Apr 2011 |
Entry refused: deficiencies not eliminated | In force 10 May 2011 |
||
| Ä 10131710 / M1 31 Jan 2011 |
Ruling to eliminate deficiencies | 1 Mar 2011 | In force 31 Jan 2011 |
|
| Ä 131710 / 5 21 Jan 2010 |
Amendment entry | In force 21 Jan 2010 |
||
| Ä 131710 / 4 23 Nov 2009 |
Note on closing the former card of a transformed company | In force 23 Nov 2009 |
||
| Ä 131710 / 3 23 Nov 2009 |
Second (constitutive) transformation entry | In force 23 Nov 2009 |
||
| Ä 131710 / 2 23 Nov 2009 |
First (declaratory) transformation entry | In force 23 Nov 2009 |
||
| Ä 131710 14 Jul 2009 |
First entry | In force 14 Jul 2009 |
Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data