TiitWood OÜ

Active Registry code 14939815 OÜ Tallinn Registered 19 Mar 2020
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TiitWood OÜ is a OÜ based in Tallinn, registry code 14939815, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €12 355 with employees.

Turnover
12 355 €
↑ 153.7% vs Q2 2026
State taxes
2 373 €
↑ 132.9% vs Q2 2026
Labour taxes
1 201 €
↑ 311.3% vs Q2 2026
Employees
—

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

Position in the industry Manufacture of furniture · EMTAK 31

  • Turnover · Q3 2026 12 355 €
    industry median 30 440 € · companies in the industry: 721
  • Revenue · 2025 29 324 €
    industry median 50 390 € · companies in the industry: 970
  • Net profit margin · 2025 -27.5 %
    industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 12 355 € · +153.7% vs Q2 2026 · industry median 30 440 € · above 30% of the industry
010 00020 00030 00040 000Q4 2023 Company: 700 € Industry median: 33 413 €Q4·23Q1 2024 Company: 1 320 € Industry median: 30 147 €Q2 2024 Company: 9 365 € Industry median: 34 022 €Q2·24Q3 2024 Company: 16 163 € Industry median: 31 511 €Q4 2024 Company: 14 690 € Industry median: 34 671 €Q4·24Q1 2025 Company: 9 320 € Industry median: 29 392 €Q2 2025 Company: 8 029 € Industry median: 33 539 €Q2·25Q3 2025 Company: 7 200 € Industry median: 33 336 €Q4 2025 Company: 4 103 € Industry median: 36 309 €Q4·25Q1 2026 Company: 8 793 € Industry median: 29 512 €Q2 2026 Company: 4 870 € Industry median: 32 465 €Q2·26Q3 2026 Company: 12 355 € Industry median: 30 440 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 14 690 € Industry median: 34 671 €Q1 2025 Company: 9 320 € Industry median: 29 392 €Q1·25Q2 2025 Company: 8 029 € Industry median: 33 539 €Q3 2025 Company: 7 200 € Industry median: 33 336 €Q3·25Q4 2025 Company: 4 103 € Industry median: 36 309 €Q1 2026 Company: 8 793 € Industry median: 29 512 €Q1·26Q2 2026 Company: 4 870 € Industry median: 32 465 €Q3 2026 Company: 12 355 € Industry median: 30 440 €Q3·26
  • 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, € Q2 2026: 292 € · industry median 1 409 € · above 2% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 262 €Q4·23Q1 2024 Company: — Industry median: 1 246 €Q2 2024 Company: 0 € Industry median: 1 304 €Q2·24Q3 2024 Company: 334 € Industry median: 1 307 €Q4 2024 Company: 1 002 € Industry median: 1 333 €Q4·24Q1 2025 Company: 1 085 € Industry median: 1 372 €Q2 2025 Company: 1 126 € Industry median: 1 446 €Q2·25Q3 2025 Company: 1 126 € Industry median: 1 411 €Q4 2025 Company: 1 126 € Industry median: 1 341 €Q4·25Q1 2026 Company: — Industry median: 1 381 €Q2 2026 Company: 292 € Industry median: 1 409 €Q2·26Q3 2026 Company: — Industry median: 1 400 €Q3·2605001 0001 500Q4 2024 Company: 1 002 € Industry median: 1 333 €Q1 2025 Company: 1 085 € Industry median: 1 372 €Q1·25Q2 2025 Company: 1 126 € Industry median: 1 446 €Q3 2025 Company: 1 126 € Industry median: 1 411 €Q3·25Q4 2025 Company: 1 126 € Industry median: 1 341 €Q1 2026 Company: — Industry median: 1 381 €Q1·26Q2 2026 Company: 292 € Industry median: 1 409 €Q3 2026 Company: — Industry median: 1 400 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2026: 1
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: —Q2 2026 Company: 1Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: —Q1·26Q2 2026 Company: 1Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 2 373 € · +132.9% vs Q2 2026
01 0002 0003 000Q4 2023 Company: —Q4·23Q1 2024 Company: 172 €Q2 2024 Company: 790 €Q2·24Q3 2024 Company: 1 385 €Q4 2024 Company: 2 927 €Q4·24Q1 2025 Company: 1 621 €Q2 2025 Company: 1 895 €Q2·25Q3 2025 Company: 1 402 €Q4 2025 Company: 1 086 €Q4·25Q1 2026 Company: 1 254 €Q2 2026 Company: 1 019 €Q2·26Q3 2026 Company: 2 373 €Q3·2601 0002 0003 000Q4 2024 Company: 2 927 €Q1 2025 Company: 1 621 €Q1·25Q2 2025 Company: 1 895 €Q3 2025 Company: 1 402 €Q3·25Q4 2025 Company: 1 086 €Q1 2026 Company: 1 254 €Q1·26Q2 2026 Company: 1 019 €Q3 2026 Company: 2 373 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 12 355 2 373 1 201 —
Q2 2026 4 870 1 019 292 1
Q1 2026 8 793 1 254 603 —
Q4 2025 4 103 1 086 1 126 1
Q3 2025 7 200 1 402 1 126 1
Q2 2025 8 029 1 895 1 126 1
Q1 2025 9 320 1 621 1 085 1
Q4 2024 14 690 2 927 1 002 1
Q3 2024 16 163 1 385 334 1
Q2 2024 9 365 790 — 1
Q1 2024 1 320 172 — —
Q4 2023 700 — — —
Q3 2023 292 4 — —
Q2 2023 — — — —
Q1 2023 — — — —

Financials by year

2020 – 2025
Revenue, € 2025: 29 324 € · −34.1% vs 2024 · industry median 50 390 € · above 40% of the industry
020 00040 00060 0002020 Company: 0 € Industry median: 50 169 €20202021 Company: 0 € Industry median: 57 050 €20212022 Company: 0 € Industry median: 56 856 €20222023 Company: 992 € Industry median: 51 070 €20232024 Company: 44 507 € Industry median: 44 759 €20242025 Company: 29 324 € Industry median: 50 390 €2025020 00040 00060 0002020 Company: 0 € Industry median: 50 169 €2021 Company: 0 € Industry median: 57 050 €20212022 Company: 0 € Industry median: 56 856 €2023 Company: 992 € Industry median: 51 070 €20232024 Company: 44 507 € Industry median: 44 759 €2025 Company: 29 324 € Industry median: 50 390 €2025
  • 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: -8 064 € · −218.6% vs 2024 · industry median 124 € · above 13% of the industry
-10 000-5 00005 00010 0002020 Company: 0 € Industry median: 384 €20202021 Company: 0 € Industry median: 844 €20212022 Company: 0 € Industry median: 391 €20222023 Company: -4 481 € Industry median: 138 €20232024 Company: 6 801 € Industry median: 90 €20242025 Company: -8 064 € Industry median: 124 €2025-10 000-5 00005 00010 0002020 Company: 0 € Industry median: 384 €2021 Company: 0 € Industry median: 844 €20212022 Company: 0 € Industry median: 391 €2023 Company: -4 481 € Industry median: 138 €20232024 Company: 6 801 € Industry median: 90 €2025 Company: -8 064 € Industry median: 124 €2025
  • 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: -27.5 % · −42.8 pp vs the year before · industry median 1.1 % · above 8% of the industry
-30-20-10010202020 Company: — Industry median: 2.4 %20202021 Company: — Industry median: 2.9 %20212022 Company: — Industry median: 2.1 %20222023 Company: — Industry median: 1.6 %20232024 Company: 15.3 % Industry median: 1.1 %20242025 Company: -27.5 % Industry median: 1.1 %2025-30-20-10010202020 Company: — Industry median: 2.4 %2021 Company: — Industry median: 2.9 %20212022 Company: — Industry median: 2.1 %2023 Company: — Industry median: 1.6 %20232024 Company: 15.3 % Industry median: 1.1 %2025 Company: -27.5 % Industry median: 1.1 %2025
  • Company
  • Industry median

Industry: Manufacture of furniture (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 7 506 € · +10.8% vs 2024
02 0004 0006 0008 0002020 Company: 2 500 €20202021 Company: 2 500 €20212022 Company: 2 500 €20222023 Company: 2 032 €20232024 Company: 6 776 €20242025 Company: 7 506 €202502 0004 0006 0008 0002020 Company: 2 500 €2021 Company: 2 500 €20212022 Company: 2 500 €2023 Company: 2 032 €20232024 Company: 6 776 €2025 Company: 7 506 €2025
Equity, € 2025: -3 244 € · −167.3% vs 2024
-4 000-2 00002 0004 0006 0002020 Company: 2 500 €20202021 Company: 2 500 €20212022 Company: 2 500 €20222023 Company: -1 981 €20232024 Company: 4 820 €20242025 Company: -3 244 €2025-4 000-2 00002 0004 0006 0002020 Company: 2 500 €2021 Company: 2 500 €20212022 Company: 2 500 €2023 Company: -1 981 €20232024 Company: 4 820 €2025 Company: -3 244 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • 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 29 324 -8 064 13 278 7 506 -3 244 1
2024 44 507 6 801 6 671 6 776 4 820 1
2023 992 -4 481 0 2 032 -1 981 0
2022 0 0 0 2 500 2 500 0
2021 0 0 0 2 500 2 500 0
2020 0 0 0 2 500 2 500 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
-27.5 %
Net profit / revenue
Return on assets (ROA)
-107.4 %
Net profit / assets
Equity ratio
-43.2 %
Equity / assets
Debt ratio
143.2 %
Liabilities / assets
Current ratio
0.38
Current assets / current liabilities
Revenue per employee
29 324 €
Revenue / average full-time employees
Labour cost per employee per month
1 107 €
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 5 Jul 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 21 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 9 Jul 2022 Company’s own e-Äriregister
2020 19 Mar 2020 – 31 Dec 2020 20 Jun 2021 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

Founders and other persons

  • Tiit Sassi
    Founder · 2 500 € · 18 Mar 2020

Activities (EMTAK)

  • 31001Manufacture of furniture, except mattresses Main
Rulings
Number, date Title Deadline State Document
Ä 50142516 / 4
5 Aug 2024
Amendment entry In force
5 Aug 2024
PDF
Ä 50142516 / 3
10 Oct 2023
Amendment entry In force
10 Oct 2023
PDF
Ä 50142516 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50142516
19 Mar 2020
First entry In force
19 Mar 2020
PDF
Ä 50142516 / M3
18 Mar 2020
Ruling to eliminate deficiencies 17 Apr 2020 Deficiencies eliminated
19 Mar 2020
PDF
Ä 50142516 / M2
16 Mar 2020
Ruling to eliminate deficiencies 15 Apr 2020 Deficiencies eliminated
19 Mar 2020
PDF
Ä 50142516 / M1
13 Mar 2020
Ruling to eliminate deficiencies 12 Apr 2020 Deficiencies eliminated
19 Mar 2020
PDF

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