Gluewood OÜ

Active Registry code 14645092 OÜ Tallinn Registered 18 Jan 2019
Compare

Gluewood OÜ is a OÜ based in Tallinn, registry code 14645092, status: active. Main activity: Painting and glazing. According to EMTA, turnover for Q3 2026 was €29 171 with 1 employees.

Turnover
29 171 €
↓ 6.8% vs Q2 2026
State taxes
1 794 €
↑ 0.0% vs Q2 2026
Labour taxes
1 006 €
↓ 8.2% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 29 171 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 1 006 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 53 617 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 -19.7 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 29 171 € · −6.8% vs Q2 2026 · industry median 23 017 € · above 56% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 29 680 € Industry median: 23 403 €Q4·23Q1 2024 Company: 13 063 € Industry median: 16 922 €Q2 2024 Company: 27 105 € Industry median: 18 660 €Q2·24Q3 2024 Company: 27 927 € Industry median: 21 547 €Q4 2024 Company: 83 946 € Industry median: 23 300 €Q4·24Q1 2025 Company: 15 096 € Industry median: 17 914 €Q2 2025 Company: 12 688 € Industry median: 20 215 €Q2·25Q3 2025 Company: 17 699 € Industry median: 22 700 €Q4 2025 Company: 11 704 € Industry median: 23 111 €Q4·25Q1 2026 Company: 6 065 € Industry median: 17 425 €Q2 2026 Company: 31 316 € Industry median: 20 462 €Q2·26Q3 2026 Company: 29 171 € Industry median: 23 017 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 83 946 € Industry median: 23 300 €Q1 2025 Company: 15 096 € Industry median: 17 914 €Q1·25Q2 2025 Company: 12 688 € Industry median: 20 215 €Q3 2025 Company: 17 699 € Industry median: 22 700 €Q3·25Q4 2025 Company: 11 704 € Industry median: 23 111 €Q1 2026 Company: 6 065 € Industry median: 17 425 €Q1·26Q2 2026 Company: 31 316 € Industry median: 20 462 €Q3 2026 Company: 29 171 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 006 € · −8.2% vs Q2 2026 · industry median 1 236 € · above 32% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 667 € Industry median: 1 123 €Q4·23Q1 2024 Company: 2 427 € Industry median: 1 105 €Q2 2024 Company: 576 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 132 € Industry median: 1 141 €Q4 2024 Company: 1 223 € Industry median: 1 178 €Q4·24Q1 2025 Company: 210 € Industry median: 1 177 €Q2 2025 Company: 356 € Industry median: 1 194 €Q2·25Q3 2025 Company: 689 € Industry median: 1 250 €Q4 2025 Company: 673 € Industry median: 1 270 €Q4·25Q1 2026 Company: — Industry median: 1 202 €Q2 2026 Company: 1 096 € Industry median: 1 197 €Q2·26Q3 2026 Company: 1 006 € Industry median: 1 236 €Q3·2605001 0001 500Q4 2024 Company: 1 223 € Industry median: 1 178 €Q1 2025 Company: 210 € Industry median: 1 177 €Q1·25Q2 2025 Company: 356 € Industry median: 1 194 €Q3 2025 Company: 689 € Industry median: 1 250 €Q3·25Q4 2025 Company: 673 € Industry median: 1 270 €Q1 2026 Company: — Industry median: 1 202 €Q1·26Q2 2026 Company: 1 096 € Industry median: 1 197 €Q3 2026 Company: 1 006 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 1Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 794 € · +0.0% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 5 946 €Q4·23Q1 2024 Company: 3 580 €Q2 2024 Company: 3 861 €Q2·24Q3 2024 Company: 5 205 €Q4 2024 Company: 5 003 €Q4·24Q1 2025 Company: 1 369 €Q2 2025 Company: 1 306 €Q2·25Q3 2025 Company: 1 050 €Q4 2025 Company: 1 931 €Q4·25Q1 2026 Company: —Q2 2026 Company: 1 794 €Q2·26Q3 2026 Company: 1 794 €Q3·2602 0004 0006 000Q4 2024 Company: 5 003 €Q1 2025 Company: 1 369 €Q1·25Q2 2025 Company: 1 306 €Q3 2025 Company: 1 050 €Q3·25Q4 2025 Company: 1 931 €Q1 2026 Company: —Q1·26Q2 2026 Company: 1 794 €Q3 2026 Company: 1 794 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 29 171 1 794 1 006 1
Q2 2026 31 316 1 794 1 096 1
Q1 2026 6 065 — — 1
Q4 2025 11 704 1 931 673 1
Q3 2025 17 699 1 050 689 1
Q2 2025 12 688 1 306 712 2
Q1 2025 15 096 1 369 419 2
Q4 2024 83 946 5 003 2 445 2
Q3 2024 27 927 5 205 3 397 3
Q2 2024 27 105 3 861 1 729 3
Q1 2024 13 063 3 580 2 427 1
Q4 2023 29 680 5 946 3 334 2
Q3 2023 39 739 7 923 3 842 3
Q2 2023 31 717 5 225 4 281 4
Q1 2023 26 119 6 376 3 729 3
Q4 2022 33 176 8 291 4 638 3
Q3 2022 34 114 6 469 1 886 3
Q2 2022 17 738 3 973 4 286 2
Q1 2022 22 767 2 819 1 735 2
Labour taxes per employee per month
335 €
Turnover per employee in the quarter
29 171 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 53 617 € · −50.1% vs 2024 · industry median 37 328 € · above 59% of the industry
0501001502002019 Company: 29 861 € Industry median: 37 051 €20192020 Company: 178 150 € Industry median: 33 953 €20202021 Company: 130 467 € Industry median: 35 073 €20212022 Company: 102 475 € Industry median: 37 940 €20222023 Company: 117 606 € Industry median: 35 936 €20232024 Company: 107 376 € Industry median: 35 372 €20242025 Company: 53 617 € Industry median: 37 328 €20250501001502002019 Company: 29 861 € Industry median: 37 051 €20192020 Company: 178 150 € Industry median: 33 953 €2021 Company: 130 467 € Industry median: 35 073 €20212022 Company: 102 475 € Industry median: 37 940 €2023 Company: 117 606 € Industry median: 35 936 €20232024 Company: 107 376 € Industry median: 35 372 €2025 Company: 53 617 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -10 578 € · −1 306.2% vs 2024 · industry median 561 € · above 9% of the industry
-15 000-10 000-5 00005 00010 0002019 Company: -68 € Industry median: 1 030 €20192020 Company: 5 295 € Industry median: 507 €20202021 Company: 7 659 € Industry median: 785 €20212022 Company: 2 545 € Industry median: 823 €20222023 Company: 1 801 € Industry median: 581 €20232024 Company: 877 € Industry median: 432 €20242025 Company: -10 578 € Industry median: 561 €2025-15 000-10 000-5 00005 00010 0002019 Company: -68 € Industry median: 1 030 €20192020 Company: 5 295 € Industry median: 507 €2021 Company: 7 659 € Industry median: 785 €20212022 Company: 2 545 € Industry median: 823 €2023 Company: 1 801 € Industry median: 581 €20232024 Company: 877 € Industry median: 432 €2025 Company: -10 578 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -19.7 % · −20.5 pp vs the year before · industry median 3.9 % · above 11% of the industry
-20-100102019 Company: -0.2 % Industry median: 5.3 %20192020 Company: 3.0 % Industry median: 4.1 %20202021 Company: 5.9 % Industry median: 4.7 %20212022 Company: 2.5 % Industry median: 4.8 %20222023 Company: 1.5 % Industry median: 4.4 %20232024 Company: 0.8 % Industry median: 3.4 %20242025 Company: -19.7 % Industry median: 3.9 %2025-20-100102019 Company: -0.2 % Industry median: 5.3 %20192020 Company: 3.0 % Industry median: 4.1 %2021 Company: 5.9 % Industry median: 4.7 %20212022 Company: 2.5 % Industry median: 4.8 %2023 Company: 1.5 % Industry median: 4.4 %20232024 Company: 0.8 % Industry median: 3.4 %2025 Company: -19.7 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 41 738 € · −23.4% vs 2024
020 00040 00060 0002019 Company: 29 644 €20192020 Company: 34 744 €20202021 Company: 31 459 €20212022 Company: 41 422 €20222023 Company: 22 318 €20232024 Company: 54 499 €20242025 Company: 41 738 €2025020 00040 00060 0002019 Company: 29 644 €20192020 Company: 34 744 €2021 Company: 31 459 €20212022 Company: 41 422 €2023 Company: 22 318 €20232024 Company: 54 499 €2025 Company: 41 738 €2025
Equity, € 2025: 5 532 € · −65.7% vs 2024
05 00010 00015 00020 00025 0002019 Company: 4 932 €20192020 Company: 10 227 €20202021 Company: 17 887 €20212022 Company: 20 432 €20222023 Company: 15 233 €20232024 Company: 16 110 €20242025 Company: 5 532 €202505 00010 00015 00020 00025 0002019 Company: 4 932 €20192020 Company: 10 227 €2021 Company: 17 887 €20212022 Company: 20 432 €2023 Company: 15 233 €20232024 Company: 16 110 €2025 Company: 5 532 €2025
Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120250.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 2 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (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 53 617 -10 578 7 749 41 738 5 532 0
2024 107 376 877 27 068 54 499 16 110 1
2023 117 606 1 801 44 533 22 318 15 233 2
2022 102 475 2 545 39 592 41 422 20 432 2
2021 130 467 7 659 16 909 31 459 17 887 1
2020 178 150 5 295 6 374 34 744 10 227 0
2019 29 861 -68 — 29 644 4 932 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
-19.7 %
Net profit / revenue
Return on equity (ROE)
-191.2 %
Net profit / equity
Return on assets (ROA)
-25.3 %
Net profit / assets
Equity ratio
13.3 %
Equity / assets
Debt ratio
86.7 %
Liabilities / assets
Current ratio
0.32
Current assets / current liabilities

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 e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 18 Jan 2019 – 31 Dec 2019 30 Jun 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

  • Andres Ratassepp
    Direct ownership · since 6 Jun 2019
  • Tiiu Ratassepp
    Member of a senior management body (management or supervisory board) · since 6 Jun 2019

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43341Painting and glazing Main
  • 69202Bookkeeping, tax consulting
Rulings
Number, date Title Deadline State Document
Ä 50111157 / 4
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50111157 / 3
6 Oct 2020
Amendment entry In force
6 Oct 2020
PDF
Ä 50111157 / 2
26 Sep 2019
Amendment entry In force
26 Sep 2019
PDF
Ä 50111157
18 Jan 2019
First entry In force
18 Jan 2019
PDF

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