Estonian Plywood AS
Estonian Plywood AS is a AS based in Viruvere küla, registry code 14301076, status: active. Main activity: Manufacture of veneer sheets and plywood. According to EMTA, turnover for Q3 2026 was €21 010 993 with 195 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 21 mn €above 98% of companiesindustry median 42 074 € · companies in the industry: 969
- Labour taxes per employee 4 693 €above 98% of companiesindustry median 1 604 € · companies in the industry: 775
- Revenue · 2025 65.6 mn €above 98% of companiesindustry median 44 569 € · companies in the industry: 1 338
- Net profit margin · 2025 17.3 %above 83% of companiesindustry median 2.0 % · companies in the industry: 1 072
Taxes and turnover
- 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.
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 21 010 993 | — | 915 059 | 195 |
| Q2 2026 | 24 359 452 | — | 760 733 | 191 |
| Q1 2026 | 23 179 836 | — | 763 679 | 184 |
| Q4 2025 | 28 627 847 | — | 777 632 | 186 |
| Q3 2025 | 19 672 707 | — | 875 085 | 187 |
| Q2 2025 | 23 569 082 | — | 753 135 | 182 |
| Q1 2025 | 19 177 509 | — | 771 384 | 179 |
| Q4 2024 | 25 175 607 | — | 704 418 | 176 |
| Q3 2024 | 16 205 255 | — | 826 807 | 175 |
| Q2 2024 | 21 643 872 | — | 702 023 | 173 |
| Q1 2024 | 15 697 021 | — | 593 332 | 169 |
| Q4 2023 | 16 597 943 | — | 564 325 | 172 |
| Q3 2023 | 15 200 486 | — | 665 424 | 171 |
| Q2 2023 | 23 611 948 | — | 627 127 | 173 |
| Q1 2023 | 17 460 412 | — | 601 667 | 176 |
| Q4 2022 | 21 152 642 | — | 577 699 | 171 |
| Q3 2022 | 13 851 386 | — | 631 995 | 171 |
| Q2 2022 | 16 690 011 | — | 583 752 | 160 |
| Q1 2022 | 10 989 711 | — | 542 656 | 163 |
Q3 2026 · calculated from EMTA data
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 65 594 990 | 11 321 931 | 7 585 288 | 64 894 220 | 43 226 371 | 185 |
| 2024 | 61 513 855 | 11 541 186 | 7 381 937 | 65 954 643 | 31 904 440 | 174 |
| 2023 | 59 388 801 | 11 920 536 | 6 095 596 | 66 773 605 | 20 363 254 | 175 |
| 2022 | 52 960 825 | 7 945 968 | 5 960 687 | 59 300 519 | 8 442 718 | 167 |
| 2021 | 30 919 300 | 333 695 | 4 923 391 | 51 714 668 | 496 750 | 175 |
| 2020 | 12 204 175 | -8 480 677 | 4 044 529 | 49 691 738 | 163 055 | 165 |
| 2019 | 526 987 | -2 640 255 | 1 672 396 | 50 857 764 | 682 581 | 66 |
| 2018 | — | — | — | — | — | 3 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 4 Sep 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 4 000 000 € | Swedbank AS | 22 Apr 2026 – in force |
| 1 | 10 000 000 € | Swedbank AS | 29 Aug 2018 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Timo HermlinBoard member · since 8 Jul 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Jüri KülvikIndirect ownership · since 30 Jun 2019
Founders and other persons
- AS LemeksFounder · 400 000 € · 21 Jul 2017
- LK Konsultatsioonid OÜAudit firm · 13 Jul 2020
- BDO Eesti OÜAudit firm · 4 Jun 2025
- Jüri KülvikChairman of the supervisory board · 10 Mar 2020
- Ando JukkSupervisory board member · 6 Jun 2020
- Rain RaudseppSupervisory board member · 12 Aug 2021
- Tõnu EhrpaisSupervisory board member · 12 Aug 2021
- Jaanus AanSupervisory board member · 1 Jul 2024
- Omanikukonto: AS LEMEKSShareholder · 384 000 € · 5 Dec 2025
Related companies
Activities (EMTAK)
- 16211Manufacture of veneer sheets and plywood Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 50061854 / 14 22 Apr 2026 |
Commercial pledge entered | In force 22 Apr 2026 |
||
| Ä 50061854 / 13 8 Jul 2024 |
Amendment entry | In force 8 Jul 2024 |
||
| Ä 50061854 / M3 18 Aug 2021 |
Ruling to correct data outside an entry | 17 Sep 2021 | Deficiencies eliminated 26 Aug 2021 |
|
| Ä 50061854 / 12 21 Sep 2020 |
Amendment entry | In force 21 Sep 2020 |
||
| Ä 50061854 / 11 1 Jul 2020 |
Amendment entry | In force 1 Jul 2020 |
||
| Ä 50061854 / M2 19 Jun 2020 |
Ruling to eliminate deficiencies | 19 Jul 2020 | Deficiencies eliminated 1 Jul 2020 |
|
| Ä 50061854 / 10 13 Mar 2020 |
Amendment entry | In force 13 Mar 2020 |
||
| Ä 50061854 / 9 30 Jun 2019 |
Amendment entry | In force 30 Jun 2019 |
||
| Ä 50061854 / 8 5 Apr 2019 |
Amendment entry | In force 5 Apr 2019 |
||
| K 50061854 / 7 29 Aug 2018 |
Commercial pledge entered | In force 29 Aug 2018 |
||
| K 50061854 / M1 23 Aug 2018 |
Ruling to eliminate deficiencies | 22 Sep 2018 | Deficiencies eliminated 29 Aug 2018 |
|
| Ä 50061854 / 6 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 50061854 / 5 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 50061854 / 4 14 Dec 2017 |
Amendment entry | In force 14 Dec 2017 |
||
| Ä 50061854 / 3 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 50061854 / 2 1 Sep 2017 |
Amendment entry | In force 1 Sep 2017 |
||
| Ä 50061854 26 Jul 2017 |
First entry | In force 26 Jul 2017 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data