Lumber works OÜ

Active Registry code 14585814 OÜ Lõiuse küla Registered 12 Oct 2018
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Lumber works OÜ is a OÜ based in Lõiuse küla, registry code 14585814, status: active. Main activity: Logging. According to EMTA, turnover for Q3 2026 was €11 994 with 3 employees.

Turnover
11 994 €
↓ 64.6% vs Q2 2026
State taxes
4 279 €
↓ 52.2% vs Q2 2026
Labour taxes
3 925 €
↑ 1.9% vs Q2 2026
Employees
3
±0 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

  • Turnover · Q3 2026 11 994 €
    industry median 14 400 € · companies in the industry: 1 834
  • Labour taxes per employee 1 308 €
    industry median 1 226 € · companies in the industry: 1 276
  • Revenue · 2025 107 529 €
    industry median 29 224 € · companies in the industry: 2 730
  • Net profit margin · 2025 -14.6 %
    industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 11 994 € · −64.6% vs Q2 2026 · industry median 14 400 € · above 45% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 34 117 € Industry median: 18 002 €Q4·23Q1 2024 Company: 88 877 € Industry median: 20 304 €Q2 2024 Company: 3 143 € Industry median: 19 485 €Q2·24Q3 2024 Company: 37 096 € Industry median: 15 991 €Q4 2024 Company: 33 428 € Industry median: 20 393 €Q4·24Q1 2025 Company: 62 964 € Industry median: 19 023 €Q2 2025 Company: 28 102 € Industry median: 19 272 €Q2·25Q3 2025 Company: 22 619 € Industry median: 14 822 €Q4 2025 Company: 7 776 € Industry median: 18 964 €Q4·25Q1 2026 Company: 35 400 € Industry median: 17 087 €Q2 2026 Company: 33 843 € Industry median: 18 725 €Q2·26Q3 2026 Company: 11 994 € Industry median: 14 400 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 33 428 € Industry median: 20 393 €Q1 2025 Company: 62 964 € Industry median: 19 023 €Q1·25Q2 2025 Company: 28 102 € Industry median: 19 272 €Q3 2025 Company: 22 619 € Industry median: 14 822 €Q3·25Q4 2025 Company: 7 776 € Industry median: 18 964 €Q1 2026 Company: 35 400 € Industry median: 17 087 €Q1·26Q2 2026 Company: 33 843 € Industry median: 18 725 €Q3 2026 Company: 11 994 € Industry median: 14 400 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 308 € · +1.9% vs Q2 2026 · industry median 1 226 € · above 54% of the industry
05001 0001 500Q4 2023 Company: 825 € Industry median: 1 083 €Q4·23Q1 2024 Company: 890 € Industry median: 1 091 €Q2 2024 Company: 1 019 € Industry median: 1 128 €Q2·24Q3 2024 Company: 1 021 € Industry median: 1 119 €Q4 2024 Company: 1 026 € Industry median: 1 188 €Q4·24Q1 2025 Company: 1 044 € Industry median: 1 209 €Q2 2025 Company: 1 055 € Industry median: 1 257 €Q2·25Q3 2025 Company: 1 211 € Industry median: 1 175 €Q4 2025 Company: 1 211 € Industry median: 1 287 €Q4·25Q1 2026 Company: 1 230 € Industry median: 1 232 €Q2 2026 Company: 1 283 € Industry median: 1 221 €Q2·26Q3 2026 Company: 1 308 € Industry median: 1 226 €Q3·2605001 0001 500Q4 2024 Company: 1 026 € Industry median: 1 188 €Q1 2025 Company: 1 044 € Industry median: 1 209 €Q1·25Q2 2025 Company: 1 055 € Industry median: 1 257 €Q3 2025 Company: 1 211 € Industry median: 1 175 €Q3·25Q4 2025 Company: 1 211 € Industry median: 1 287 €Q1 2026 Company: 1 230 € Industry median: 1 232 €Q1·26Q2 2026 Company: 1 283 € Industry median: 1 221 €Q3 2026 Company: 1 308 € Industry median: 1 226 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026
0123Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 3Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 3Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 4 279 € · −52.2% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 6 946 €Q4·23Q1 2024 Company: 10 909 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 10 108 €Q4 2024 Company: 7 469 €Q4·24Q1 2025 Company: 14 687 €Q2 2025 Company: 7 419 €Q2·25Q3 2025 Company: 6 590 €Q4 2025 Company: 3 979 €Q4·25Q1 2026 Company: 8 457 €Q2 2026 Company: 8 950 €Q2·26Q3 2026 Company: 4 279 €Q3·2605 00010 00015 000Q4 2024 Company: 7 469 €Q1 2025 Company: 14 687 €Q1·25Q2 2025 Company: 7 419 €Q3 2025 Company: 6 590 €Q3·25Q4 2025 Company: 3 979 €Q1 2026 Company: 8 457 €Q1·26Q2 2026 Company: 8 950 €Q3 2026 Company: 4 279 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 11 994 4 279 3 925 3
Q2 2026 33 843 8 950 3 850 3
Q1 2026 35 400 8 457 3 690 3
Q4 2025 7 776 3 979 3 633 3
Q3 2025 22 619 6 590 3 633 3
Q2 2025 28 102 7 419 3 165 3
Q1 2025 62 964 14 687 3 131 3
Q4 2024 33 428 7 469 3 078 3
Q3 2024 37 096 10 108 3 064 3
Q2 2024 3 143 — 3 058 3
Q1 2024 88 877 10 909 2 670 3
Q4 2023 34 117 6 946 2 474 3
Q3 2023 17 691 3 848 2 477 3
Q2 2023 50 541 10 551 2 452 3
Q1 2023 52 785 8 045 1 887 3
Q4 2022 74 454 13 358 1 782 2
Q3 2022 20 910 4 546 1 864 2
Q2 2022 53 229 10 343 1 727 2
Q1 2022 31 987 12 040 1 112 2
Labour taxes per employee per month
436 €
Turnover per employee in the quarter
3 998 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 107 529 € · −22.0% vs 2024 · industry median 29 224 € · above 74% of the industry
0501001502002019 Company: 15 273 € Industry median: 26 014 €20192020 Company: 37 416 € Industry median: 20 720 €20202021 Company: 93 630 € Industry median: 23 073 €20212022 Company: 185 908 € Industry median: 30 000 €20222023 Company: 169 570 € Industry median: 26 753 €20232024 Company: 137 855 € Industry median: 26 865 €20242025 Company: 107 529 € Industry median: 29 224 €20250501001502002019 Company: 15 273 € Industry median: 26 014 €20192020 Company: 37 416 € Industry median: 20 720 €2021 Company: 93 630 € Industry median: 23 073 €20212022 Company: 185 908 € Industry median: 30 000 €2023 Company: 169 570 € Industry median: 26 753 €20232024 Company: 137 855 € Industry median: 26 865 €2025 Company: 107 529 € Industry median: 29 224 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -15 651 € · +46.0% vs 2024 · industry median 275 € · above 9% of the industry
-40 000-20 000020 00040 00060 0002019 Company: -917 € Industry median: 1 201 €20192020 Company: 4 267 € Industry median: 519 €20202021 Company: 43 273 € Industry median: 841 €20212022 Company: 28 555 € Industry median: 1 888 €20222023 Company: 12 544 € Industry median: 626 €20232024 Company: -28 977 € Industry median: 488 €20242025 Company: -15 651 € Industry median: 275 €2025-40 000-20 000020 00040 00060 0002019 Company: -917 € Industry median: 1 201 €20192020 Company: 4 267 € Industry median: 519 €2021 Company: 43 273 € Industry median: 841 €20212022 Company: 28 555 € Industry median: 1 888 €2023 Company: 12 544 € Industry median: 626 €20232024 Company: -28 977 € Industry median: 488 €2025 Company: -15 651 € Industry median: 275 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -14.6 % · +6.5 pp vs the year before · industry median 4.9 % · above 18% of the industry
-40-2002040602019 Company: -6.0 % Industry median: 8.6 %20192020 Company: 11.4 % Industry median: 6.8 %20202021 Company: 46.2 % Industry median: 8.1 %20212022 Company: 15.4 % Industry median: 11.3 %20222023 Company: 7.4 % Industry median: 6.9 %20232024 Company: -21.0 % Industry median: 6.0 %20242025 Company: -14.6 % Industry median: 4.9 %2025-40-2002040602019 Company: -6.0 % Industry median: 8.6 %20192020 Company: 11.4 % Industry median: 6.8 %2021 Company: 46.2 % Industry median: 8.1 %20212022 Company: 15.4 % Industry median: 11.3 %2023 Company: 7.4 % Industry median: 6.9 %20232024 Company: -21.0 % Industry median: 6.0 %2025 Company: -14.6 % Industry median: 4.9 %2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 72 061 € · −28.0% vs 2024
0501001502019 Company: 12 585 €20192020 Company: 22 396 €20202021 Company: 90 540 €20212022 Company: 122 086 €20222023 Company: 126 097 €20232024 Company: 100 040 €20242025 Company: 72 061 €20250501001502019 Company: 12 585 €20192020 Company: 22 396 €2021 Company: 90 540 €20212022 Company: 122 086 €2023 Company: 126 097 €20232024 Company: 100 040 €2025 Company: 72 061 €2025
Equity, € 2025: 25 594 € · −37.9% vs 2024
-20 000020 00040 00060 00080 0002019 Company: -917 €20192020 Company: 3 350 €20202021 Company: 46 623 €20212022 Company: 57 678 €20222023 Company: 70 222 €20232024 Company: 41 245 €20242025 Company: 25 594 €2025-20 000020 00040 00060 00080 0002019 Company: -917 €20192020 Company: 3 350 €2021 Company: 46 623 €20212022 Company: 57 678 €2023 Company: 70 222 €20232024 Company: 41 245 €2025 Company: 25 594 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 60% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 2 Industry median: 120250.00.51.01.52.02019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 2 Industry median: 12025
  • Company
  • Industry median

Industry: Forestry and logging (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 107 529 -15 651 44 678 72 061 25 594 2
2024 137 855 -28 977 41 338 100 040 41 245 2
2023 169 570 12 544 36 320 126 097 70 222 2
2022 185 908 28 555 20 865 122 086 57 678 1
2021 93 630 43 273 2 832 90 540 46 623 0
2020 37 416 4 267 0 22 396 3 350 0
2019 15 273 -917 0 12 585 -917 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
-14.6 %
Net profit / revenue
Return on equity (ROE)
-61.2 %
Net profit / equity
Return on assets (ROA)
-21.7 %
Net profit / assets
Equity ratio
35.5 %
Equity / assets
Debt ratio
64.5 %
Liabilities / assets
Current ratio
0.25
Current assets / current liabilities
Revenue per employee
53 765 €
Revenue / average full-time employees
Labour cost per employee per month
1 862 €
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 21 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 1 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Feb 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 12 Oct 2018 – 31 Dec 2019 4 Mar 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

  • Teet Kuusik
    Member of a senior management body (management or supervisory board) · since 15 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 0220Logging Main
Rulings
Number, date Title Deadline State Document
Ä 50104694 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50104694 / 2
17 Jan 2022
Amendment entry In force
17 Jan 2022
PDF
Ä 50104694
12 Oct 2018
First entry In force
12 Oct 2018
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data