Hardwood OÜ is a OÜ based in Kergu küla, registry code 14390817, status: active. Main activity: Manufacture of furniture. According to EMTA, turnover for Q3 2026 was €215 314 with 10 employees.
Turnover
215 314 €
↑ 53.5%vs Q2 2026
State taxes
39 551 €
↓ 6.9%vs Q2 2026
Labour taxes
20 690 €
↑ 7.8%vs Q2 2026
Employees
10
+1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of furniture · EMTAK 31
Turnover · Q3 2026215 314 €
above 84% of companies
industry median 30 440 € · companies in the industry: 721
Labour taxes per employee2 069 €
above 70% of companies
industry median 1 400 € · companies in the industry: 606
Revenue · 2025450 835 €
above 82% of companies
industry median 50 390 € · companies in the industry: 970
Net profit margin · 20252.3 %
above 56% of companies
industry median 1.1 % · companies in the industry: 795
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 215 314 € · +53.5% vs Q2 2026 · industry median 30 440 € · above 84% of the industry
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, € Q3 2026: 2 069 € · −3.0% vs Q2 2026 · industry median 1 400 € · above 70% of the industry
Company
Industry median
Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 10 · +11.1% vs Q2 2026State taxes, € Q3 2026: 39 551 € · −6.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
215 314
39 551
20 690
10
Q2 2026
140 279
42 463
19 190
9
Q1 2026
163 115
36 300
18 732
8
Q4 2025
133 202
30 339
17 966
9
Q3 2025
114 922
29 550
18 375
6
Q2 2025
112 807
30 282
16 211
6
Q1 2025
92 601
19 816
15 673
6
Q4 2024
149 394
34 213
14 588
6
Q3 2024
115 137
26 505
13 645
6
Q2 2024
236 805
48 036
12 166
5
Q1 2024
265 885
25 784
8 833
5
Q4 2023
119 564
13 819
11 419
5
Q3 2023
83 198
19 458
12 425
6
Q2 2023
97 458
23 783
13 755
6
Q1 2023
131 715
28 315
13 495
6
Q4 2022
90 335
6 532
10 993
7
Q3 2022
114 186
16 209
8 552
7
Q2 2022
139 988
15 472
10 033
6
Q1 2022
166 814
17 890
11 177
9
Labour taxes per employee per month
690 €
Turnover per employee in the quarter
21 531 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 450 835 € · −30.8% vs 2024 · industry median 50 390 € · above 82% of the industry
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: 10 376 € · −81.7% vs 2024 · industry median 124 € · above 80% of the industry
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: 2.3 % · −6.4 pp vs the year before · industry median 1.1 % · above 56% of the industry
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: 427 881 € · −1.7% vs 2024Equity, € thousand 2025: 276 377 € · +3.9% vs 2024Employees2025: 8 · +0.0% vs 2024 · industry median 2 · above 80% of the industry
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
450 835
10 376
191 897
427 881
276 377
8
2024
651 462
56 834
148 809
435 156
266 001
8
2023
374 393
11 903
133 891
379 237
209 167
8
2022
443 296
12 076
130 354
391 074
197 264
10
2021
653 138
82 838
139 706
323 246
185 188
11
2020
409 537
70 543
71 558
184 629
126 349
7
2019
302 686
4 924
53 672
92 512
55 806
6
2018
—
—
—
—
—
7
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
2.3 %
Net profit / revenue
Return on equity (ROE)
3.8 %
Net profit / equity
Return on assets (ROA)
2.4 %
Net profit / assets
Equity ratio
64.6 %
Equity / assets
Debt ratio
35.4 %
Liabilities / assets
Current ratio
1.43
Current assets / current liabilities
Revenue per employee
56 354 €
Revenue / average full-time employees
Labour cost per employee per month
1 999 €
Labour costs / employees / 12 months (incl. employer taxes)
