Glasstech OÜ is a OÜ based in Vahi alevik, registry code 12469133, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €146 044 with 2 employees.
Turnover
146 044 €
↓ 16.6%vs Q2 2026
State taxes
13 722 €
↑ 46.8%vs Q2 2026
Labour taxes
2 590 €
↓ 9.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of furniture · EMTAK 31
Turnover · Q3 2026146 044 €
above 79% of companies
industry median 30 440 € · companies in the industry: 721
Labour taxes per employee1 295 €
above 45% of companies
industry median 1 400 € · companies in the industry: 606
Revenue · 2025412 023 €
above 81% of companies
industry median 50 390 € · companies in the industry: 970
Net profit margin · 20251.8 %
above 54% of companies
industry median 1.1 % · companies in the industry: 795
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 146 044 € · −16.6% vs Q2 2026 · industry median 30 440 € · above 79% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 295 € · −9.0% vs Q2 2026 · industry median 1 400 € · above 45% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 13 722 € · +46.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
146 044
13 722
2 590
2
Q2 2026
175 104
9 347
2 846
2
Q1 2026
113 985
6 050
2 403
2
Q4 2025
125 258
9 311
3 596
2
Q3 2025
132 406
9 374
3 078
3
Q2 2025
57 641
5 745
2 230
3
Q1 2025
84 739
10 831
3 527
1
Q4 2024
132 601
5 039
4 645
1
Q3 2024
116 601
15 736
8 590
2
Q2 2024
52 623
7 548
5 887
2
Q1 2024
61 539
2 501
2 409
2
Q4 2023
66 355
7 201
2 537
2
Q3 2023
107 212
10 083
4 786
2
Q2 2023
51 905
7 919
5 962
2
Q1 2023
63 123
8 497
5 542
3
Q4 2022
90 002
4 086
4 948
3
Q3 2022
154 459
4 431
3 744
3
Q2 2022
58 030
7 358
3 220
2
Q1 2022
61 957
4 187
1 989
2
Labour taxes per employee per month
432 €
Turnover per employee in the quarter
73 022 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 412 023 € · +14.2% vs 2024 · industry median 50 390 € · above 81% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 7 390 € · −47.6% vs 2024 · industry median 124 € · above 77% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 1.8 % · −2.1 pp vs the year before · industry median 1.1 % · above 54% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 389 852 € · +11.0% vs 2024Equity, € thousand 2025: 179 370 € · +4.3% vs 2024Employees2025: 1 · −50.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Manufacture of furniture (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
412 023
7 390
28 999
389 852
179 370
1
2024
360 770
14 094
54 296
351 234
171 980
2
2023
334 941
11 291
40 782
316 418
157 886
2
2022
267 015
9 225
39 553
349 852
146 595
2
2021
262 956
16 624
43 449
249 667
137 370
2
2020
198 374
6 318
43 222
215 009
120 746
3
2019
222 642
21 577
40 844
229 506
114 428
4
2018
—
—
—
—
—
4
2017
—
—
—
—
—
3
2016
—
—
—
—
—
1
2015
—
—
—
—
—
2
2014
—
—
—
—
—
1
2013
—
—
—
—
—
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
1.8 %
Net profit / revenue
Return on equity (ROE)
4.1 %
Net profit / equity
Return on assets (ROA)
1.9 %
Net profit / assets
Equity ratio
46.0 %
Equity / assets
Debt ratio
54.0 %
Liabilities / assets
Current ratio
1.39
Current assets / current liabilities
Revenue per employee
412 023 €
Revenue / average full-time employees
Labour cost per employee per month
2 417 €
Labour costs / employees / 12 months (incl. employer taxes)
