Silen OÜ

Active Registry code 14506938 OÜ Lehmja küla Registered 13 Jun 2018

Silen OÜ is a OÜ based in Lehmja küla, registry code 14506938, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €5 528 257 with 52 employees.

Turnover

5 528 257 €

↑ 6.5% vs Q2 2026

State taxes

0 €

Labour taxes

409 867 €

↑ 10.3% vs Q2 2026

Employees

−13 vs Q2 2026

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

Position in the industry Manufacture of furniture · EMTAK 31

Turnover · Q3 2026 5.5 mn €

above 98% of companies

industry median 30 440 € · companies in the industry: 721
Labour taxes per employee 7 882 €

above 98% of companies

industry median 1 400 € · companies in the industry: 606
Revenue · 2025 20.7 mn €

above 98% of companies

industry median 50 390 € · companies in the industry: 970
Net profit margin · 2025 2.6 %

above 58% of companies

industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 5 528 257 € · +6.5% vs Q2 2026 · industry median 30 440 € · above 98% 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: 7 882 € · +37.9% vs Q2 2026 · industry median 1 400 € · above 98% 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.

Employees Q3 2026: 52 · −20.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	5 528 257	—	409 867	52
Q2 2026	5 192 686	—	371 530	65
Q1 2026	6 511 987	—	360 207	64
Q4 2025	7 074 883	—	378 322	65
Q3 2025	5 347 427	—	367 842	67
Q2 2025	4 948 571	—	324 131	64
Q1 2025	4 270 126	—	299 007	58
Q4 2024	4 665 808	—	283 088	56
Q3 2024	3 234 092	—	300 063	56
Q2 2024	4 827 812	—	297 323	55
Q1 2024	3 130 405	—	295 960	56
Q4 2023	4 326 646	—	273 628	52
Q3 2023	6 214 928	—	305 590	51
Q2 2023	3 722 548	—	236 108	53
Q1 2023	3 204 418	14 356	197 845	44
Q4 2022	3 076 256	97 771	194 666	36
Q3 2022	2 626 079	73 238	178 800	37
Q2 2022	2 409 220	41 180	158 320	46
Q1 2022	2 071 197	—	170 914	39

Labour taxes per employee per month

2 627 €

Turnover per employee in the quarter

106 313 €

Q3 2026 · calculated from EMTA data

Financials by year

2018 – 2025

Revenue, € thousand 2025: 20 654 755 € · +38.7% vs 2024 · industry median 50 390 € · above 98% 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, € thousand 2025: 544 303 € · +302.4% vs 2024 · industry median 124 € · above 98% 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: 2.6 % · +4.4 pp vs the year before · industry median 1.1 % · above 58% 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: 11 383 592 € · +45.5% vs 2024

Equity, € thousand 2025: 5 467 679 € · +12.9% vs 2024

Employees 2025: 64 · +12.3% vs 2024 · industry median 2 · above 98% 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	20 654 755	544 303	3 309 631	11 383 592	5 467 679	64
2024	14 890 702	-268 889	2 803 072	7 824 460	4 844 956	57
2023	16 473 579	702 782	2 566 415	7 777 881	5 113 845	50
2022	10 039 637	296 847	1 725 806	5 099 091	2 000 537	45
2021	4 146 870	-1 078 768	1 130 094	3 451 248	1 672 629	25
2020	2 088 024	-305 878	497 902	2 212 049	1 771 442	16
2019	2 708 705	-214 588	136 879	1 771 939	-217 848	5
2018	—	—	—	—	—	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

2.6 %

Net profit / revenue

Return on equity (ROE)

10.0 %

Net profit / equity

Return on assets (ROA)

4.8 %

Net profit / assets

Equity ratio

48.0 %

Equity / assets

Debt ratio

52.0 %

Liabilities / assets

Current ratio

1.59

Current assets / current liabilities

Revenue per employee

322 731 €

Revenue / average full-time employees

Labour cost per employee per month

4 309 €

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	12 Jul 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jul 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	5 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	12 Jul 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	21 Sep 2020	Company’s own · audited	e-Äriregister

Board

Endrus Arge
Board member · since 13 Jun 2018
Sparry Kivilo
Board member · since 13 Jun 2018
Martin Kull
Board member · since 16 Aug 2024
Nasdaq CSD SE
Keeper of the share register · since 20 Mar 2020

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Omanikukonto: Hestmar & Partnerid Osaühing
Legal person · 10935855 · 1 476 €

23.41%
Omanikukonto: OÜ Aevara Holdings
Legal person · 14206113 · 1 476 €

23.41%
Esindajakonto: VENTUREBEAM MARKETS AS
Legal person · 12917885 · 1 267 €

20.10%
Omanikukonto: OÜ SANDT
Legal person · 12136035 · 738 €

11.70%
Omanikukonto: Montecito Partners OÜ
Legal person · 14878350 · 348 €

5.52%
Omanikukonto: Gaza OÜ
Legal person · 12452641 · 262 €

4.16%
Omanikukonto: PKP HOLDINGS OÜ
Legal person · 12452670 · 262 €

4.16%
Omanikukonto: OÜ GALFORD CAPITAL
Legal person · 11099680 · 174 €

2.76%
Omanikukonto: ERIK SILAS
Natural person · 164 €

2.60%
Omanikukonto: Bruschetta Holdings OÜ
Legal person · 12794643 · 85 €

1.35%
Omanikukonto: Venturebeam Markets Limited
Legal person · 26 €

0.41%
Omanikukonto: MARTAAS GRUPP OÜ
Legal person · 10102285 · 19 €

0.30%
Omanikukonto: Venturebeam Markets AS
Legal person · 12917885 · 8 €

0.13%

Owner in

Silen Rent OÜ
100%

Beneficial owners

Endrus Arge
Direct ownership · since 25 Oct 2018
Henri Rüüsak
Direct ownership · since 25 Oct 2018

Founders and other persons

Sparry Kivilo
Founder · 350 € · 8 Jun 2018
Hestmar & Partnerid Osaühing
Founder · 825 € · 8 Jun 2018
OÜ Aevara Holdings
Founder · 825 € · 8 Jun 2018
Wallenium OÜ
Founder · 500 € · 8 Jun 2018
Henri Rüüsak
Chairman of the supervisory board · 13 Jul 2023
Erik Oja
Supervisory board member · 29 Jun 2023
Urvo Männama
Supervisory board member · 29 Jun 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

31001Manufacture of furniture, except mattresses Main

Rulings 20

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50096166 / 17 27 Oct 2025	Amendment under Code of Civil Procedure § 595¹ (1)		In force 27 Oct 2025	PDF
Ä 50096166 / 16 16 Aug 2024	Amendment entry		In force 16 Aug 2024	PDF
K 50096166 / 15 12 Feb 2024	Commercial pledge deleted		In force 12 Feb 2024	PDF
Ä 50096166 / 14 18 Sep 2023	Amendment entry		In force 18 Sep 2023	PDF
Ä 50096166 / 13 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50096166 / 12 10 Aug 2023	Amendment entry		In force 10 Aug 2023	PDF
Ä 50096166 / M3 7 Aug 2023	Ruling to eliminate deficiencies	7 Sep 2023	Deficiencies eliminated 10 Aug 2023	PDF
Ä 50096166 / 11 12 Jul 2023	Amendment entry		In force 12 Jul 2023	PDF
K 50096166 / 10 30 Mar 2022	Commercial pledge entered		In force 30 Mar 2022	PDF
K 50096166 / M2 29 Mar 2022	Ruling to eliminate deficiencies	8 Apr 2022	Deficiencies eliminated 30 Mar 2022	PDF
Ä 50096166 / 9 4 Nov 2021	Amendment entry		In force 4 Nov 2021	PDF
Ä 50096166 / 8 4 Jan 2021	Amendment entry		In force 4 Jan 2021	PDF
Ä 50096166 / M1 29 Dec 2020	Ruling to eliminate deficiencies	13 Jan 2021	Deficiencies eliminated 4 Jan 2021	PDF
Ä 50096166 / 7 23 Oct 2020	Amendment entry		In force 23 Oct 2020	PDF
Ä 50096166 / 6 6 Oct 2020	Amendment entry		In force 6 Oct 2020	PDF
Ä 50096166 / 5 27 Apr 2020	Amendment entry		In force 27 Apr 2020	PDF
Ä 50096166 / 4 7 Apr 2020	Amendment entry		In force 7 Apr 2020	PDF
Ä 50096166 / 3 20 Mar 2020	Amendment entry		In force 20 Mar 2020	PDF
Ä 50096166 / 2 3 Apr 2019	Amendment under Commercial Code § 525 (2)		In force 3 Apr 2019	PDF
Ä 50096166 13 Jun 2018	First entry		In force 13 Jun 2018	PDF

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

Silen OÜ

Position in the industry Manufacture of furniture · EMTAK 31

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 20