Estonian Plywood AS

Active Registry code 14301076 AS Viruvere küla Registered 26 Jul 2017
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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.

Turnover
21 010 993 €
↓ 13.7% vs Q2 2026
State taxes
0 €
Labour taxes
915 059 €
↑ 20.3% vs Q2 2026
Employees
195
+4 vs Q2 2026

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 21 mn €
    industry median 42 074 € · companies in the industry: 969
  • Labour taxes per employee 4 693 €
    industry median 1 604 € · companies in the industry: 775
  • Revenue · 2025 65.6 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 17.3 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 21 010 993 € · −13.7% vs Q2 2026 · industry median 42 074 € · above 98% of the industry
010 00020 00030 000Q4 2023 Company: 16 597 943 € Industry median: 43 427 €Q4·23Q1 2024 Company: 15 697 021 € Industry median: 39 178 €Q2 2024 Company: 21 643 872 € Industry median: 42 608 €Q2·24Q3 2024 Company: 16 205 255 € Industry median: 38 665 €Q4 2024 Company: 25 175 607 € Industry median: 45 065 €Q4·24Q1 2025 Company: 19 177 509 € Industry median: 37 445 €Q2 2025 Company: 23 569 082 € Industry median: 43 276 €Q2·25Q3 2025 Company: 19 672 707 € Industry median: 41 414 €Q4 2025 Company: 28 627 847 € Industry median: 42 313 €Q4·25Q1 2026 Company: 23 179 836 € Industry median: 41 913 €Q2 2026 Company: 24 359 452 € Industry median: 49 053 €Q2·26Q3 2026 Company: 21 010 993 € Industry median: 42 074 €Q3·26010 00020 00030 000Q4 2024 Company: 25 175 607 € Industry median: 45 065 €Q1 2025 Company: 19 177 509 € Industry median: 37 445 €Q1·25Q2 2025 Company: 23 569 082 € Industry median: 43 276 €Q3 2025 Company: 19 672 707 € Industry median: 41 414 €Q3·25Q4 2025 Company: 28 627 847 € Industry median: 42 313 €Q1 2026 Company: 23 179 836 € Industry median: 41 913 €Q1·26Q2 2026 Company: 24 359 452 € Industry median: 49 053 €Q3 2026 Company: 21 010 993 € Industry median: 42 074 €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.

Labour taxes per employee, € Q3 2026: 4 693 € · +17.8% vs Q2 2026 · industry median 1 604 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 281 € Industry median: 1 444 €Q4·23Q1 2024 Company: 3 511 € Industry median: 1 344 €Q2 2024 Company: 4 058 € Industry median: 1 393 €Q2·24Q3 2024 Company: 4 725 € Industry median: 1 466 €Q4 2024 Company: 4 002 € Industry median: 1 526 €Q4·24Q1 2025 Company: 4 309 € Industry median: 1 531 €Q2 2025 Company: 4 138 € Industry median: 1 528 €Q2·25Q3 2025 Company: 4 680 € Industry median: 1 626 €Q4 2025 Company: 4 181 € Industry median: 1 635 €Q4·25Q1 2026 Company: 4 150 € Industry median: 1 561 €Q2 2026 Company: 3 983 € Industry median: 1 555 €Q2·26Q3 2026 Company: 4 693 € Industry median: 1 604 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 002 € Industry median: 1 526 €Q1 2025 Company: 4 309 € Industry median: 1 531 €Q1·25Q2 2025 Company: 4 138 € Industry median: 1 528 €Q3 2025 Company: 4 680 € Industry median: 1 626 €Q3·25Q4 2025 Company: 4 181 € Industry median: 1 635 €Q1 2026 Company: 4 150 € Industry median: 1 561 €Q1·26Q2 2026 Company: 3 983 € Industry median: 1 555 €Q3 2026 Company: 4 693 € Industry median: 1 604 €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.

Employees Q3 2026: 195 · +2.1% vs Q2 2026
050100150200Q4 2023 Company: 172Q4·23Q1 2024 Company: 169Q2 2024 Company: 173Q2·24Q3 2024 Company: 175Q4 2024 Company: 176Q4·24Q1 2025 Company: 179Q2 2025 Company: 182Q2·25Q3 2025 Company: 187Q4 2025 Company: 186Q4·25Q1 2026 Company: 184Q2 2026 Company: 191Q2·26Q3 2026 Company: 195Q3·26050100150200Q4 2024 Company: 176Q1 2025 Company: 179Q1·25Q2 2025 Company: 182Q3 2025 Company: 187Q3·25Q4 2025 Company: 186Q1 2026 Company: 184Q1·26Q2 2026 Company: 191Q3 2026 Company: 195Q3·26
State taxes, € Q3 2026: 0 €
0.00.00.00.00.00.0Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €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 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
Labour taxes per employee per month
1 564 €
Turnover per employee in the quarter
107 749 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025
Revenue, € thousand 2025: 65 594 990 € · +6.6% vs 2024 · industry median 44 569 € · above 98% of the industry
020 00040 00060 00080 0002018 Company: — Industry median: —20182019 Company: 526 987 € Industry median: 60 904 €20192020 Company: 12 204 175 € Industry median: 53 378 €20202021 Company: 30 919 300 € Industry median: 56 581 €20212022 Company: 52 960 825 € Industry median: 60 349 €20222023 Company: 59 388 801 € Industry median: 46 749 €20232024 Company: 61 513 855 € Industry median: 40 000 €20242025 Company: 65 594 990 € Industry median: 44 569 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 526 987 € Industry median: 60 904 €20192020 Company: 12 204 175 € Industry median: 53 378 €2021 Company: 30 919 300 € Industry median: 56 581 €20212022 Company: 52 960 825 € Industry median: 60 349 €2023 Company: 59 388 801 € Industry median: 46 749 €20232024 Company: 61 513 855 € Industry median: 40 000 €2025 Company: 65 594 990 € Industry median: 44 569 €2025
  • 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, € thousand 2025: 11 321 931 € · −1.9% vs 2024 · industry median 162 € · above 98% of the industry
-10 000-5 00005 00010 00015 0002018 Company: — Industry median: —20182019 Company: -2 640 255 € Industry median: 1 078 €20192020 Company: -8 480 677 € Industry median: 611 €20202021 Company: 333 695 € Industry median: 1 731 €20212022 Company: 7 945 968 € Industry median: 1 354 €20222023 Company: 11 920 536 € Industry median: 156 €20232024 Company: 11 541 186 € Industry median: 23 €20242025 Company: 11 321 931 € Industry median: 162 €2025-10 000-5 00005 00010 00015 0002018 Company: — Industry median: —2019 Company: -2 640 255 € Industry median: 1 078 €20192020 Company: -8 480 677 € Industry median: 611 €2021 Company: 333 695 € Industry median: 1 731 €20212022 Company: 7 945 968 € Industry median: 1 354 €2023 Company: 11 920 536 € Industry median: 156 €20232024 Company: 11 541 186 € Industry median: 23 €2025 Company: 11 321 931 € Industry median: 162 €2025
  • 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, % 2025: 17.3 % · −1.5 pp vs the year before · industry median 2.0 % · above 83% of the industry
-600-400-20002002018 Company: — Industry median: —20182019 Company: -501.0 % Industry median: 3.8 %20192020 Company: -69.5 % Industry median: 3.5 %20202021 Company: 1.1 % Industry median: 5.3 %20212022 Company: 15.0 % Industry median: 5.2 %20222023 Company: 20.1 % Industry median: 2.4 %20232024 Company: 18.8 % Industry median: 1.6 %20242025 Company: 17.3 % Industry median: 2.0 %2025-600-400-20002002018 Company: — Industry median: —2019 Company: -501.0 % Industry median: 3.8 %20192020 Company: -69.5 % Industry median: 3.5 %2021 Company: 1.1 % Industry median: 5.3 %20212022 Company: 15.0 % Industry median: 5.2 %2023 Company: 20.1 % Industry median: 2.4 %20232024 Company: 18.8 % Industry median: 1.6 %2025 Company: 17.3 % Industry median: 2.0 %2025
  • 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, € thousand 2025: 64 894 220 € · −1.6% vs 2024
020 00040 00060 00080 0002018 Company: —20182019 Company: 50 857 764 €20192020 Company: 49 691 738 €20202021 Company: 51 714 668 €20212022 Company: 59 300 519 €20222023 Company: 66 773 605 €20232024 Company: 65 954 643 €20242025 Company: 64 894 220 €2025020 00040 00060 00080 0002018 Company: —2019 Company: 50 857 764 €20192020 Company: 49 691 738 €2021 Company: 51 714 668 €20212022 Company: 59 300 519 €2023 Company: 66 773 605 €20232024 Company: 65 954 643 €2025 Company: 64 894 220 €2025
Equity, € thousand 2025: 43 226 371 € · +35.5% vs 2024
010 00020 00030 00040 00050 0002018 Company: —20182019 Company: 682 581 €20192020 Company: 163 055 €20202021 Company: 496 750 €20212022 Company: 8 442 718 €20222023 Company: 20 363 254 €20232024 Company: 31 904 440 €20242025 Company: 43 226 371 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 682 581 €20192020 Company: 163 055 €2021 Company: 496 750 €20212022 Company: 8 442 718 €2023 Company: 20 363 254 €20232024 Company: 31 904 440 €2025 Company: 43 226 371 €2025
Employees 2025: 185 · +6.3% vs 2024 · industry median 3 · above 98% of the industry
0501001502002018 Company: 3 Industry median: 420182019 Company: 66 Industry median: 420192020 Company: 165 Industry median: 420202021 Company: 175 Industry median: 420212022 Company: 167 Industry median: 420222023 Company: 175 Industry median: 320232024 Company: 174 Industry median: 320242025 Company: 185 Industry median: 320250501001502002018 Company: 3 Industry median: 42019 Company: 66 Industry median: 420192020 Company: 165 Industry median: 42021 Company: 175 Industry median: 420212022 Company: 167 Industry median: 42023 Company: 175 Industry median: 320232024 Company: 174 Industry median: 32025 Company: 185 Industry median: 32025
  • 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
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

Net profit margin
16.9 %
Net profit / revenue
Return on equity (ROE)
26.2 %
Net profit / equity
Return on assets (ROA)
17.4 %
Net profit / assets
Equity ratio
66.6 %
Equity / assets
Debt ratio
33.4 %
Liabilities / assets
Current ratio
1.03
Current assets / current liabilities
Revenue per employee
361 746 €
Revenue / average full-time employees
Labour cost per employee per month
3 417 €
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 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 SE
    Keeper of the share ledger · since 28 Sep 2017
  • Timo Hermlin
    Board 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16211Manufacture of veneer sheets and plywood Main
Rulings
Number, date Title Deadline State Document
K 50061854 / 14
22 Apr 2026
Commercial pledge entered In force
22 Apr 2026
PDF
Ä 50061854 / 13
8 Jul 2024
Amendment entry In force
8 Jul 2024
PDF
Ä 50061854 / M3
18 Aug 2021
Ruling to correct data outside an entry 17 Sep 2021 Deficiencies eliminated
26 Aug 2021
PDF
Ä 50061854 / 12
21 Sep 2020
Amendment entry In force
21 Sep 2020
PDF
Ä 50061854 / 11
1 Jul 2020
Amendment entry In force
1 Jul 2020
PDF
Ä 50061854 / M2
19 Jun 2020
Ruling to eliminate deficiencies 19 Jul 2020 Deficiencies eliminated
1 Jul 2020
PDF
Ä 50061854 / 10
13 Mar 2020
Amendment entry In force
13 Mar 2020
PDF
Ä 50061854 / 9
30 Jun 2019
Amendment entry In force
30 Jun 2019
PDF
Ä 50061854 / 8
5 Apr 2019
Amendment entry In force
5 Apr 2019
PDF
K 50061854 / 7
29 Aug 2018
Commercial pledge entered In force
29 Aug 2018
PDF
K 50061854 / M1
23 Aug 2018
Ruling to eliminate deficiencies 22 Sep 2018 Deficiencies eliminated
29 Aug 2018
PDF
Ä 50061854 / 6
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50061854 / 5
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 50061854 / 4
14 Dec 2017
Amendment entry In force
14 Dec 2017
PDF
Ä 50061854 / 3
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 50061854 / 2
1 Sep 2017
Amendment entry In force
1 Sep 2017
PDF
Ä 50061854
26 Jul 2017
First entry In force
26 Jul 2017
PDF

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