Weldex Group OÜ

Active Registry code 14189484 OÜ Tallinn Registered 23 Jan 2017
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Weldex Group OÜ is a OÜ based in Tallinn, registry code 14189484, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €574 945 with 27 employees.

Turnover
574 945 €
↑ 86.5% vs Q2 2026
State taxes
104 775 €
↑ 194.8% vs Q2 2026
Labour taxes
50 116 €
↑ 126.1% vs Q2 2026
Employees
27
+8 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 574 945 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 1 856 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2024 613 470 €
    industry median 35 372 € · companies in the industry: 10 698
  • Net profit margin · 2024 0.9 %
    industry median 3.4 % · companies in the industry: 8 842

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 574 945 € · +86.5% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
0200400600Q4 2023 Company: 159 852 € Industry median: 23 403 €Q4·23Q1 2024 Company: 163 037 € Industry median: 16 922 €Q2 2024 Company: 109 437 € Industry median: 18 660 €Q2·24Q3 2024 Company: 171 900 € Industry median: 21 547 €Q4 2024 Company: 157 144 € Industry median: 23 300 €Q4·24Q1 2025 Company: 145 203 € Industry median: 17 914 €Q2 2025 Company: 63 583 € Industry median: 20 215 €Q2·25Q3 2025 Company: 173 975 € Industry median: 22 700 €Q4 2025 Company: 308 804 € Industry median: 23 111 €Q4·25Q1 2026 Company: 145 632 € Industry median: 17 425 €Q2 2026 Company: 308 248 € Industry median: 20 462 €Q2·26Q3 2026 Company: 574 945 € Industry median: 23 017 €Q3·260200400600Q4 2024 Company: 157 144 € Industry median: 23 300 €Q1 2025 Company: 145 203 € Industry median: 17 914 €Q1·25Q2 2025 Company: 63 583 € Industry median: 20 215 €Q3 2025 Company: 173 975 € Industry median: 22 700 €Q3·25Q4 2025 Company: 308 804 € Industry median: 23 111 €Q1 2026 Company: 145 632 € Industry median: 17 425 €Q1·26Q2 2026 Company: 308 248 € Industry median: 20 462 €Q3 2026 Company: 574 945 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 856 € · +59.1% vs Q2 2026 · industry median 1 236 € · above 71% of the industry
01 0002 0003 000Q4 2023 Company: 2 283 € Industry median: 1 123 €Q4·23Q1 2024 Company: 2 509 € Industry median: 1 105 €Q2 2024 Company: 1 680 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 917 € Industry median: 1 141 €Q4 2024 Company: 2 447 € Industry median: 1 178 €Q4·24Q1 2025 Company: 2 007 € Industry median: 1 177 €Q2 2025 Company: 2 261 € Industry median: 1 194 €Q2·25Q3 2025 Company: 600 € Industry median: 1 250 €Q4 2025 Company: 999 € Industry median: 1 270 €Q4·25Q1 2026 Company: 382 € Industry median: 1 202 €Q2 2026 Company: 1 166 € Industry median: 1 197 €Q2·26Q3 2026 Company: 1 856 € Industry median: 1 236 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 447 € Industry median: 1 178 €Q1 2025 Company: 2 007 € Industry median: 1 177 €Q1·25Q2 2025 Company: 2 261 € Industry median: 1 194 €Q3 2025 Company: 600 € Industry median: 1 250 €Q3·25Q4 2025 Company: 999 € Industry median: 1 270 €Q1 2026 Company: 382 € Industry median: 1 202 €Q1·26Q2 2026 Company: 1 166 € Industry median: 1 197 €Q3 2026 Company: 1 856 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 27 · +42.1% vs Q2 2026
0102030Q4 2023 Company: 4Q4·23Q1 2024 Company: 5Q2 2024 Company: 7Q2·24Q3 2024 Company: 6Q4 2024 Company: 5Q4·24Q1 2025 Company: 5Q2 2025 Company: 2Q2·25Q3 2025 Company: 11Q4 2025 Company: 12Q4·25Q1 2026 Company: 15Q2 2026 Company: 19Q2·26Q3 2026 Company: 27Q3·260102030Q4 2024 Company: 5Q1 2025 Company: 5Q1·25Q2 2025 Company: 2Q3 2025 Company: 11Q3·25Q4 2025 Company: 12Q1 2026 Company: 15Q1·26Q2 2026 Company: 19Q3 2026 Company: 27Q3·26
State taxes, € thousand Q3 2026: 104 775 € · +194.8% vs Q2 2026
0255075100125Q4 2023 Company: 22 389 €Q4·23Q1 2024 Company: 27 529 €Q2 2024 Company: 9 372 €Q2·24Q3 2024 Company: 36 776 €Q4 2024 Company: 23 146 €Q4·24Q1 2025 Company: 20 932 €Q2 2025 Company: 6 538 €Q2·25Q3 2025 Company: 31 564 €Q4 2025 Company: 28 180 €Q4·25Q1 2026 Company: 1 343 €Q2 2026 Company: 35 545 €Q2·26Q3 2026 Company: 104 775 €Q3·260255075100125Q4 2024 Company: 23 146 €Q1 2025 Company: 20 932 €Q1·25Q2 2025 Company: 6 538 €Q3 2025 Company: 31 564 €Q3·25Q4 2025 Company: 28 180 €Q1 2026 Company: 1 343 €Q1·26Q2 2026 Company: 35 545 €Q3 2026 Company: 104 775 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 574 945 104 775 50 116 27
Q2 2026 308 248 35 545 22 163 19
Q1 2026 145 632 1 343 5 726 15
Q4 2025 308 804 28 180 11 988 12
Q3 2025 173 975 31 564 6 601 11
Q2 2025 63 583 6 538 4 522 2
Q1 2025 145 203 20 932 10 035 5
Q4 2024 157 144 23 146 12 233 5
Q3 2024 171 900 36 776 11 504 6
Q2 2024 109 437 9 372 11 757 7
Q1 2024 163 037 27 529 12 544 5
Q4 2023 159 852 22 389 9 130 4
Q3 2023 94 860 22 063 11 749 3
Q2 2023 140 659 24 869 9 860 6
Q1 2023 162 062 31 665 2 697 4
Q4 2022 226 059 19 477 10 749 1
Q3 2022 132 955 28 203 9 149 4
Q2 2022 60 039 11 112 5 416 4
Q1 2022 27 318 5 012 3 603 3
Labour taxes per employee per month
619 €
Turnover per employee in the quarter
21 294 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2024
Revenue, € thousand 2024: 613 470 € · +18.3% vs 2023 · industry median 35 372 € · above 93% of the industry
02004006008002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 78 575 € Industry median: 37 051 €20192020 Company: 136 554 € Industry median: 33 953 €20202021 Company: 251 324 € Industry median: 35 073 €20212022 Company: 472 783 € Industry median: 37 940 €20222023 Company: 518 532 € Industry median: 35 936 €20232024 Company: 613 470 € Industry median: 35 372 €202402004006008002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 78 575 € Industry median: 37 051 €2020 Company: 136 554 € Industry median: 33 953 €20202021 Company: 251 324 € Industry median: 35 073 €2022 Company: 472 783 € Industry median: 37 940 €20222023 Company: 518 532 € Industry median: 35 936 €2024 Company: 613 470 € Industry median: 35 372 €2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2024: 5 527 € · −75.2% vs 2023 · industry median 432 € · above 70% of the industry
05 00010 00015 00020 00025 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9 290 € Industry median: 1 030 €20192020 Company: 13 379 € Industry median: 507 €20202021 Company: 16 690 € Industry median: 785 €20212022 Company: 21 529 € Industry median: 823 €20222023 Company: 22 269 € Industry median: 581 €20232024 Company: 5 527 € Industry median: 432 €202405 00010 00015 00020 00025 0002017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 9 290 € Industry median: 1 030 €2020 Company: 13 379 € Industry median: 507 €20202021 Company: 16 690 € Industry median: 785 €2022 Company: 21 529 € Industry median: 823 €20222023 Company: 22 269 € Industry median: 581 €2024 Company: 5 527 € Industry median: 432 €2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: 0.9 % · −3.4 pp vs the year before · industry median 3.4 % · above 39% of the industry
035810132017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11.8 % Industry median: 5.3 %20192020 Company: 9.8 % Industry median: 4.1 %20202021 Company: 6.6 % Industry median: 4.7 %20212022 Company: 4.6 % Industry median: 4.8 %20222023 Company: 4.3 % Industry median: 4.4 %20232024 Company: 0.9 % Industry median: 3.4 %2024035810132017 Company: — Industry median: —2018 Company: — Industry median: —20182019 Company: 11.8 % Industry median: 5.3 %2020 Company: 9.8 % Industry median: 4.1 %20202021 Company: 6.6 % Industry median: 4.7 %2022 Company: 4.6 % Industry median: 4.8 %20222023 Company: 4.3 % Industry median: 4.4 %2024 Company: 0.9 % Industry median: 3.4 %2024
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 134 995 € · +3.0% vs 2023
0501001502017 Company: —20172018 Company: —20182019 Company: 37 142 €20192020 Company: 56 643 €20202021 Company: 68 789 €20212022 Company: 116 689 €20222023 Company: 131 123 €20232024 Company: 134 995 €20240501001502017 Company: —2018 Company: —20182019 Company: 37 142 €2020 Company: 56 643 €20202021 Company: 68 789 €2022 Company: 116 689 €20222023 Company: 131 123 €2024 Company: 134 995 €2024
Equity, € 2024: 85 805 € · −9.4% vs 2023
020 00040 00060 00080 000100 0002017 Company: —20172018 Company: —20182019 Company: 20 811 €20192020 Company: 34 190 €20202021 Company: 50 880 €20212022 Company: 72 409 €20222023 Company: 94 678 €20232024 Company: 85 805 €2024020 00040 00060 00080 000100 0002017 Company: —2018 Company: —20182019 Company: 20 811 €2020 Company: 34 190 €20202021 Company: 50 880 €2022 Company: 72 409 €20222023 Company: 94 678 €2024 Company: 85 805 €2024
Employees 2024: 5 · +0.0% vs 2023 · industry median 1 · above 85% of the industry
0123452017 Company: 1 Industry median: —20172018 Company: 2 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 4 Industry median: 220222023 Company: 5 Industry median: 120232024 Company: 5 Industry median: 120240123452017 Company: 1 Industry median: —2018 Company: 2 Industry median: 220182019 Company: 1 Industry median: 22020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 22022 Company: 4 Industry median: 220222023 Company: 5 Industry median: 12024 Company: 5 Industry median: 12024
  • Company
  • Industry median

Industry: Specialised construction activities (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
2024 613 470 5 527 120 755 134 995 85 805 5
2023 518 532 22 269 104 070 131 123 94 678 5
2022 472 783 21 529 73 428 116 689 72 409 4
2021 251 324 16 690 22 442 68 789 50 880 2
2020 136 554 13 379 24 730 56 643 34 190 2
2019 78 575 9 290 12 360 37 142 20 811 1
2018 — — — — — 2
2017 — — — — — 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 2024

Net profit margin
0.9 %
Net profit / revenue
Return on equity (ROE)
6.4 %
Net profit / equity
Return on assets (ROA)
4.1 %
Net profit / assets
Equity ratio
63.6 %
Equity / assets
Debt ratio
36.4 %
Liabilities / assets
Current ratio
2.45
Current assets / current liabilities
Revenue per employee
122 694 €
Revenue / average full-time employees
Labour cost per employee per month
2 013 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 18 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 21 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 14 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 11 Aug 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

  • Fjodor Mihhailovski
    Member of a senior management body (management or supervisory board) · since 23 Sep 2018

Founders and other persons

Activities (EMTAK)

  • 43999Other specialised construction activities Main
Rulings
Number, date Title Deadline State Document
Ä 50049499 / M2
11 Jul 2024
Warning of a fine: annual report not filed 10 Aug 2024 Deficiencies eliminated
19 Jul 2024
PDF
Ä 50049499 / 9
25 Jan 2024
Amendment entry In force
25 Jan 2024
PDF
Ä 50049499 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50049499 / 7
12 Oct 2020
Amendment entry In force
12 Oct 2020
PDF
Ä 50049499 / 6
4 Aug 2020
Entry refused: deficiencies not eliminated In force
20 Aug 2020
PDF
Ä 50049499 / M1
14 Jul 2020
Ruling to eliminate deficiencies 3 Aug 2020 In force
14 Jul 2020
PDF
Ä 50049499 / 5
8 Jun 2018
Amendment under Commercial Code § 525 (2) In force
8 Jun 2018
PDF
Ä 50049499 / 4
22 May 2018
Amendment entry In force
22 May 2018
PDF
Ä 50049499 / 3
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50049499 / 2
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50049499
23 Jan 2017
First entry In force
23 Jan 2017
PDF

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