Adensen Furniture OÜ

Active Registry code 14242422 OÜ Valga linn Registered 18 Apr 2017
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Adensen Furniture OÜ is a OÜ based in Valga linn, registry code 14242422, status: active. Main activity: Manufacture of furniture. According to EMTA, turnover for Q3 2026 was €36 543 with employees.

Turnover
36 543 €
↑ 144.0% vs Q2 2026
State taxes
0 €
Labour taxes
234 €
↑ 4.5% vs Q2 2026
Employees
—

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

Position in the industry Manufacture of furniture · EMTAK 31

  • Turnover · Q3 2026 36 543 €
    industry median 30 440 € · companies in the industry: 721
  • Revenue · 2025 120 509 €
    industry median 50 390 € · companies in the industry: 970
  • Net profit margin · 2025 2.1 %
    industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 36 543 € · +144.0% vs Q2 2026 · industry median 30 440 € · above 54% of the industry
020 00040 00060 00080 000Q4 2023 Company: 5 352 € Industry median: 33 413 €Q4·23Q1 2024 Company: 73 786 € Industry median: 30 147 €Q2 2024 Company: 8 841 € Industry median: 34 022 €Q2·24Q3 2024 Company: 28 861 € Industry median: 31 511 €Q4 2024 Company: 42 719 € Industry median: 34 671 €Q4·24Q1 2025 Company: 5 586 € Industry median: 29 392 €Q2 2025 Company: 23 061 € Industry median: 33 539 €Q2·25Q3 2025 Company: 43 992 € Industry median: 33 336 €Q4 2025 Company: 48 422 € Industry median: 36 309 €Q4·25Q1 2026 Company: 57 218 € Industry median: 29 512 €Q2 2026 Company: 14 979 € Industry median: 32 465 €Q2·26Q3 2026 Company: 36 543 € Industry median: 30 440 €Q3·26020 00040 00060 000Q4 2024 Company: 42 719 € Industry median: 34 671 €Q1 2025 Company: 5 586 € Industry median: 29 392 €Q1·25Q2 2025 Company: 23 061 € Industry median: 33 539 €Q3 2025 Company: 43 992 € Industry median: 33 336 €Q3·25Q4 2025 Company: 48 422 € Industry median: 36 309 €Q1 2026 Company: 57 218 € Industry median: 29 512 €Q1·26Q2 2026 Company: 14 979 € Industry median: 32 465 €Q3 2026 Company: 36 543 € Industry median: 30 440 €Q3·26
  • 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, € Q2 2026: 224 € · industry median 1 409 € · above 2% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 262 €Q4·23Q1 2024 Company: 515 € Industry median: 1 246 €Q2 2024 Company: 0 € Industry median: 1 304 €Q2·24Q3 2024 Company: 1 463 € Industry median: 1 307 €Q4 2024 Company: — Industry median: 1 333 €Q4·24Q1 2025 Company: — Industry median: 1 372 €Q2 2025 Company: — Industry median: 1 446 €Q2·25Q3 2025 Company: 0 € Industry median: 1 411 €Q4 2025 Company: — Industry median: 1 341 €Q4·25Q1 2026 Company: — Industry median: 1 381 €Q2 2026 Company: 224 € Industry median: 1 409 €Q2·26Q3 2026 Company: — Industry median: 1 400 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 333 €Q1 2025 Company: — Industry median: 1 372 €Q1·25Q2 2025 Company: — Industry median: 1 446 €Q3 2025 Company: 0 € Industry median: 1 411 €Q3·25Q4 2025 Company: — Industry median: 1 341 €Q1 2026 Company: — Industry median: 1 381 €Q1·26Q2 2026 Company: 224 € Industry median: 1 409 €Q3 2026 Company: — Industry median: 1 400 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2026: 1
0.00.51.01.52.0Q4 2023 Company: —Q4·23Q1 2024 Company: 1Q2 2024 Company: 2Q2·24Q3 2024 Company: 1Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: 1Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: 1Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: 1Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: 1Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 0 €
02004006008001 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 228 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 942 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 18 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·2605101520Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 18 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 36 543 — 234 —
Q2 2026 14 979 — 224 1
Q1 2026 57 218 — 196 —
Q4 2025 48 422 — 963 —
Q3 2025 43 992 — — 1
Q2 2025 23 061 18 160 —
Q1 2025 5 586 — — —
Q4 2024 42 719 — 690 —
Q3 2024 28 861 942 1 463 1
Q2 2024 8 841 — — 2
Q1 2024 73 786 228 515 1
Q4 2023 5 352 — 760 —
Q3 2023 2 272 — 320 —
Q2 2023 64 431 — 250 1
Q1 2023 27 215 1 110 730 —
Q4 2022 3 965 1 470 2 048 1
Q3 2022 118 912 — 1 570 3
Q2 2022 51 095 — 1 423 1
Q1 2022 54 386 — 1 125 2

Financials by year

2017 – 2025
Revenue, € thousand 2025: 120 509 € · −21.9% vs 2024 · industry median 50 390 € · above 64% of the industry
0501001502002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 51 702 € Industry median: 57 302 €20192020 Company: 93 364 € Industry median: 50 169 €20202021 Company: 108 440 € Industry median: 57 050 €20212022 Company: 178 489 € Industry median: 56 856 €20222023 Company: 99 444 € Industry median: 51 070 €20232024 Company: 154 330 € Industry median: 44 759 €20242025 Company: 120 509 € Industry median: 50 390 €20250501001502002018 Company: — Industry median: —2019 Company: 51 702 € Industry median: 57 302 €20192020 Company: 93 364 € Industry median: 50 169 €2021 Company: 108 440 € Industry median: 57 050 €20212022 Company: 178 489 € Industry median: 56 856 €2023 Company: 99 444 € Industry median: 51 070 €20232024 Company: 154 330 € Industry median: 44 759 €2025 Company: 120 509 € Industry median: 50 390 €2025
  • 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: 2 573 € · −81.3% vs 2024 · industry median 124 € · above 67% of the industry
05 00010 00015 00020 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 923 € Industry median: 1 478 €20192020 Company: 14 513 € Industry median: 384 €20202021 Company: 18 842 € Industry median: 844 €20212022 Company: 3 439 € Industry median: 391 €20222023 Company: 7 556 € Industry median: 138 €20232024 Company: 13 731 € Industry median: 90 €20242025 Company: 2 573 € Industry median: 124 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 4 923 € Industry median: 1 478 €20192020 Company: 14 513 € Industry median: 384 €2021 Company: 18 842 € Industry median: 844 €20212022 Company: 3 439 € Industry median: 391 €2023 Company: 7 556 € Industry median: 138 €20232024 Company: 13 731 € Industry median: 90 €2025 Company: 2 573 € Industry median: 124 €2025
  • 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: 2.1 % · −6.8 pp vs the year before · industry median 1.1 % · above 56% of the industry
051015202017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 9.5 % Industry median: 3.4 %20192020 Company: 15.5 % Industry median: 2.4 %20202021 Company: 17.4 % Industry median: 2.9 %20212022 Company: 1.9 % Industry median: 2.1 %20222023 Company: 7.6 % Industry median: 1.6 %20232024 Company: 8.9 % Industry median: 1.1 %20242025 Company: 2.1 % Industry median: 1.1 %2025051015202018 Company: — Industry median: —2019 Company: 9.5 % Industry median: 3.4 %20192020 Company: 15.5 % Industry median: 2.4 %2021 Company: 17.4 % Industry median: 2.9 %20212022 Company: 1.9 % Industry median: 2.1 %2023 Company: 7.6 % Industry median: 1.6 %20232024 Company: 8.9 % Industry median: 1.1 %2025 Company: 2.1 % Industry median: 1.1 %2025
  • 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: 150 641 € · −10.6% vs 2024
0501001502002017 Company: —20172018 Company: —20182019 Company: 27 295 €20192020 Company: 45 704 €20202021 Company: 140 936 €20212022 Company: 133 765 €20222023 Company: 122 452 €20232024 Company: 168 595 €20242025 Company: 150 641 €20250501001502002018 Company: —2019 Company: 27 295 €20192020 Company: 45 704 €2021 Company: 140 936 €20212022 Company: 133 765 €2023 Company: 122 452 €20232024 Company: 168 595 €2025 Company: 150 641 €2025
Equity, € 2025: 71 744 € · −24.4% vs 2024
020 00040 00060 00080 000100 0002017 Company: —20172018 Company: —20182019 Company: 14 265 €20192020 Company: 31 778 €20202021 Company: 50 620 €20212022 Company: 54 059 €20222023 Company: 61 615 €20232024 Company: 94 883 €20242025 Company: 71 744 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 14 265 €20192020 Company: 31 778 €2021 Company: 50 620 €20212022 Company: 54 059 €2023 Company: 61 615 €20232024 Company: 94 883 €2025 Company: 71 744 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
01232017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 320182019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 2202501232018 Company: 0 Industry median: 32019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • 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 120 509 2 573 5 074 150 641 71 744 1
2024 154 330 13 731 7 938 168 595 94 883 1
2023 99 444 7 556 3 786 122 452 61 615 1
2022 178 489 3 439 18 292 133 765 54 059 2
2021 108 440 18 842 11 198 140 936 50 620 2
2020 93 364 14 513 1 427 45 704 31 778 1
2019 51 702 4 923 0 27 295 14 265 0
2018 — — — — — 0
2017 — — — — — 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
2.1 %
Net profit / revenue
Return on equity (ROE)
3.6 %
Net profit / equity
Return on assets (ROA)
1.7 %
Net profit / assets
Equity ratio
47.6 %
Equity / assets
Debt ratio
52.4 %
Liabilities / assets
Current ratio
5.63
Current assets / current liabilities
Revenue per employee
120 509 €
Revenue / average full-time employees
Labour cost per employee per month
423 €
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 9 Aug 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 8 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Oct 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 19 Sep 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 1 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

  • Laine Must
    Direct ownership · since 30 Jan 2019

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 3100Manufacture of furniture Main
Rulings
Number, date Title Deadline State Document
Ä 50055395 / 9
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50055395 / 8
19 Sep 2021
Amendment entry In force
19 Sep 2021
PDF
Ä 50055395 / 7
13 Apr 2021
Amendment under Commercial Code § 525 (2) In force
13 Apr 2021
PDF
Ä 50055395 / 6
28 Sep 2020
Amendment entry In force
28 Sep 2020
PDF
Ä 50055395 / M2
18 Sep 2020
Ruling to eliminate deficiencies 28 Sep 2020 Deficiencies eliminated
28 Sep 2020
PDF
Ä 50055395 / M1
4 Sep 2020
Ruling to eliminate deficiencies 14 Sep 2020 Deficiencies eliminated
28 Sep 2020
PDF
Ä 50055395 / 5
23 Oct 2018
Amendment entry In force
23 Oct 2018
PDF
Ä 50055395 / 4
21 Jan 2018
Amendment entry In force
21 Jan 2018
PDF
Ä 50055395 / 3
18 Dec 2017
Amendment entry In force
18 Dec 2017
PDF
Ä 50055395 / 2
13 Dec 2017
Amendment entry In force
13 Dec 2017
PDF
Ä 50055395
18 Apr 2017
First entry In force
18 Apr 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data