Heartwood OÜ

Active Registry code 12609798 OÜ Laagri alevik Registered 6 Feb 2014
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Heartwood OÜ is a OÜ based in Laagri alevik, registry code 12609798, status: active. Main activity: Manufacture of wooden articles and ornaments and other wooden products. According to EMTA, turnover for Q3 2026 was €7 114 with employees.

Turnover
7 114 €
↓ 23.2% vs Q2 2026
State taxes
189 €
↓ 77.7% 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 7 114 €
    industry median 42 609 € · companies in the industry: 968
  • Revenue · 2026 48 327 €
    industry median 21 942 € · companies in the industry: 10

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 7 114 € · −23.2% vs Q2 2026 · industry median 42 609 € · above 23% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 5 442 € Industry median: 43 427 €Q4·23Q1 2024 Company: 7 446 € Industry median: 39 178 €Q2 2024 Company: 3 368 € Industry median: 42 653 €Q2·24Q3 2024 Company: 7 670 € Industry median: 38 674 €Q4 2024 Company: 6 754 € Industry median: 45 211 €Q4·24Q1 2025 Company: 5 811 € Industry median: 37 584 €Q2 2025 Company: 13 267 € Industry median: 43 322 €Q2·25Q3 2025 Company: 21 062 € Industry median: 41 462 €Q4 2025 Company: 5 349 € Industry median: 42 366 €Q4·25Q1 2026 Company: 11 126 € Industry median: 42 117 €Q2 2026 Company: 9 268 € Industry median: 49 062 €Q2·26Q3 2026 Company: 7 114 € Industry median: 42 609 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 6 754 € Industry median: 45 211 €Q1 2025 Company: 5 811 € Industry median: 37 584 €Q1·25Q2 2025 Company: 13 267 € Industry median: 43 322 €Q3 2025 Company: 21 062 € Industry median: 41 462 €Q3·25Q4 2025 Company: 5 349 € Industry median: 42 366 €Q1 2026 Company: 11 126 € Industry median: 42 117 €Q1·26Q2 2026 Company: 9 268 € Industry median: 49 062 €Q3 2026 Company: 7 114 € 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.

State taxes, € Q3 2026: 189 € · −77.7% vs Q2 2026
01 0002 0003 0004 0005 000Q4 2023 Company: 370 €Q4·23Q1 2024 Company: 229 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 736 €Q4 2024 Company: 555 €Q4·24Q1 2025 Company: 15 €Q2 2025 Company: 891 €Q2·25Q3 2025 Company: 4 039 €Q4 2025 Company: 438 €Q4·25Q1 2026 Company: 1 342 €Q2 2026 Company: 847 €Q2·26Q3 2026 Company: 189 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 555 €Q1 2025 Company: 15 €Q1·25Q2 2025 Company: 891 €Q3 2025 Company: 4 039 €Q3·25Q4 2025 Company: 438 €Q1 2026 Company: 1 342 €Q1·26Q2 2026 Company: 847 €Q3 2026 Company: 189 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 7 114 189 — —
Q2 2026 9 268 847 — —
Q1 2026 11 126 1 342 — —
Q4 2025 5 349 438 — —
Q3 2025 21 062 4 039 — —
Q2 2025 13 267 891 — —
Q1 2025 5 811 15 — —
Q4 2024 6 754 555 — —
Q3 2024 7 670 736 — —
Q2 2024 3 368 — — —
Q1 2024 7 446 229 — —
Q4 2023 5 442 370 — —
Q3 2023 4 546 — — —
Q2 2023 3 091 — — —
Q1 2023 4 169 349 — —
Q4 2022 7 566 466 — —
Q3 2022 3 258 233 193 —
Q2 2022 7 860 — 334 1
Q1 2022 16 735 1 293 212 —

Financials by year

2017 – 2026
Revenue, € 2026: 48 327 € · +130.7% vs 2025 · industry median 21 942 € · above 66% of the industry
020 00040 00060 00080 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 60 904 €20192020 Company: 22 909 € Industry median: 53 378 €20202021 Company: 22 147 € Industry median: 56 581 €20212022 Company: 24 380 € Industry median: 60 349 €20222023 Company: 25 036 € Industry median: 46 749 €20232024 Company: 18 155 € Industry median: 39 981 €20242025 Company: 20 949 € Industry median: 44 569 €20252026 Company: 48 327 € Industry median: 21 942 €2026020 00040 00060 00080 0002019 Company: — Industry median: 60 904 €2020 Company: 22 909 € Industry median: 53 378 €20202021 Company: 22 147 € Industry median: 56 581 €2022 Company: 24 380 € Industry median: 60 349 €20222023 Company: 25 036 € Industry median: 46 749 €2024 Company: 18 155 € Industry median: 39 981 €20242025 Company: 20 949 € Industry median: 44 569 €2026 Company: 48 327 € Industry median: 21 942 €2026
  • 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, € 2026: 7 211 € · +180 175.0% vs 2025 · industry median 275 € · above 80% of the industry
-2 00002 0004 0006 0008 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 1 078 €20192020 Company: 91 € Industry median: 611 €20202021 Company: 1 669 € Industry median: 1 731 €20212022 Company: -1 363 € Industry median: 1 354 €20222023 Company: -390 € Industry median: 156 €20232024 Company: -80 € Industry median: 21 €20242025 Company: 4 € Industry median: 162 €20252026 Company: 7 211 € Industry median: 275 €2026-2 00002 0004 0006 0008 0002019 Company: — Industry median: 1 078 €2020 Company: 91 € Industry median: 611 €20202021 Company: 1 669 € Industry median: 1 731 €2022 Company: -1 363 € Industry median: 1 354 €20222023 Company: -390 € Industry median: 156 €2024 Company: -80 € Industry median: 21 €20242025 Company: 4 € Industry median: 162 €2026 Company: 7 211 € Industry median: 275 €2026
  • 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, % 2026: 14.9 % · +14.9 pp vs the year before
-10-50510152017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 3.8 %20192020 Company: 0.4 % Industry median: 3.5 %20202021 Company: 7.5 % Industry median: 5.3 %20212022 Company: -5.6 % Industry median: 5.2 %20222023 Company: -1.6 % Industry median: 2.4 %20232024 Company: -0.4 % Industry median: 1.6 %20242025 Company: 0.0 % Industry median: 2.0 %20252026 Company: 14.9 % Industry median: —2026-10-50510152019 Company: — Industry median: 3.8 %2020 Company: 0.4 % Industry median: 3.5 %20202021 Company: 7.5 % Industry median: 5.3 %2022 Company: -5.6 % Industry median: 5.2 %20222023 Company: -1.6 % Industry median: 2.4 %2024 Company: -0.4 % Industry median: 1.6 %20242025 Company: 0.0 % Industry median: 2.0 %2026 Company: 14.9 % Industry median: —2026
  • 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, € 2026: 26 040 € · +3.7% vs 2025
010 00020 00030 0002017 Company: —20172018 Company: —20182019 Company: —20192020 Company: 8 897 €20202021 Company: 10 628 €20212022 Company: 15 115 €20222023 Company: 21 064 €20232024 Company: 25 689 €20242025 Company: 25 100 €20252026 Company: 26 040 €2026010 00020 00030 0002019 Company: —2020 Company: 8 897 €20202021 Company: 10 628 €2022 Company: 15 115 €20222023 Company: 21 064 €2024 Company: 25 689 €20242025 Company: 25 100 €2026 Company: 26 040 €2026
Equity, € 2026: 9 720 € · +287.4% vs 2025
02 0004 0006 0008 00010 0002017 Company: —20172018 Company: —20182019 Company: —20192020 Company: 2 669 €20202021 Company: 4 338 €20212022 Company: 2 975 €20222023 Company: 2 585 €20232024 Company: 2 505 €20242025 Company: 2 509 €20252026 Company: 9 720 €202602 0004 0006 0008 00010 0002019 Company: —2020 Company: 2 669 €20202021 Company: 4 338 €2022 Company: 2 975 €20222023 Company: 2 585 €2024 Company: 2 505 €20242025 Company: 2 509 €2026 Company: 9 720 €2026
Employees 2026: 0
012342017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 420182019 Company: 0 Industry median: 420192020 Company: 0 Industry median: 420202021 Company: 0 Industry median: 420212022 Company: 0 Industry median: 420222023 Company: 0 Industry median: 320232024 Company: 0 Industry median: 320242025 Company: 0 Industry median: 320252026 Company: 0 Industry median: —2026012342019 Company: 0 Industry median: 42020 Company: 0 Industry median: 420202021 Company: 0 Industry median: 42022 Company: 0 Industry median: 420222023 Company: 0 Industry median: 32024 Company: 0 Industry median: 320242025 Company: 0 Industry median: 32026 Company: 0 Industry median: —2026
  • 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
2026 48 327 7 211 0 26 040 9 720 0
2025 20 949 4 0 25 100 2 509 0
2024 18 155 -80 0 25 689 2 505 0
2023 25 036 -390 921 21 064 2 585 0
2022 24 380 -1 363 803 15 115 2 975 0
2021 22 147 1 669 0 10 628 4 338 0
2020 22 909 91 0 8 897 2 669 0
2019 — — — — — 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 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 2026

Net profit margin
14.9 %
Net profit / revenue
Return on equity (ROE)
74.2 %
Net profit / equity
Return on assets (ROA)
27.7 %
Net profit / assets
Equity ratio
37.3 %
Equity / assets
Debt ratio
62.7 %
Liabilities / assets
Current ratio
60.80
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Feb 2025 – 31 Jan 2026 30 Jul 2026 Company’s own e-Äriregister
2024 1 Feb 2024 – 31 Jan 2025 30 Jul 2025 Company’s own e-Äriregister
2023 1 Feb 2023 – 31 Jan 2024 28 Mar 2024 Company’s own e-Äriregister
2022 1 Feb 2022 – 31 Jan 2023 9 May 2023 Company’s own e-Äriregister
2021 1 Feb 2021 – 31 Jan 2022 2 Mar 2022 Company’s own e-Äriregister
2020 1 Feb 2020 – 31 Jan 2021 14 May 2021 Company’s own e-Äriregister
2019 1 Feb 2019 – 31 Jan 2020 31 Jul 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

Activities (EMTAK)

  • 16281Manufacture of wooden articles and ornaments and other wooden products Main
Rulings
Number, date Title Deadline State Document
Ä 10192608 / 6
5 Aug 2025
Amendment entry In force
5 Aug 2025
PDF
Ä 10192608 / 5
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 10192608 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 10192608 / 3
7 Dec 2017
Amendment entry In force
7 Dec 2017
PDF
Ä 10192608 / 2
2 Oct 2014
Amendment entry In force
2 Oct 2014
PDF
Ä 10192608
6 Feb 2014
First entry In force
6 Feb 2014
PDF

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