Plywood Studio OÜ

Active Registry code 16118784 OÜ Tallinn Registered 11 Dec 2020
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Plywood Studio OÜ is a OÜ based in Tallinn, registry code 16118784, status: active. Main activity: Manufacture of furniture, except mattresses. According to EMTA, turnover for Q3 2026 was €12 457 with 1 employees.

Turnover
12 457 €
↓ 23.9% vs Q2 2026
State taxes
1 757 €
↓ 61.7% vs Q2 2026
Labour taxes
252 €
↓ 91.6% vs Q2 2026
Employees
1
±0 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 12 457 €
    industry median 30 440 € · companies in the industry: 721
  • Labour taxes per employee 252 €
    industry median 1 400 € · companies in the industry: 606
  • Revenue · 2025 108 551 €
    industry median 50 390 € · companies in the industry: 970
  • Net profit margin · 2025 12.1 %
    industry median 1.1 % · companies in the industry: 795

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 12 457 € · −23.9% vs Q2 2026 · industry median 30 440 € · above 30% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 22 610 € Industry median: 33 413 €Q4·23Q1 2024 Company: 24 279 € Industry median: 30 147 €Q2 2024 Company: 26 704 € Industry median: 34 022 €Q2·24Q3 2024 Company: 34 809 € Industry median: 31 511 €Q4 2024 Company: 26 202 € Industry median: 34 671 €Q4·24Q1 2025 Company: 21 274 € Industry median: 29 392 €Q2 2025 Company: 47 026 € Industry median: 33 539 €Q2·25Q3 2025 Company: 31 376 € Industry median: 33 336 €Q4 2025 Company: 8 276 € Industry median: 36 309 €Q4·25Q1 2026 Company: 16 336 € Industry median: 29 512 €Q2 2026 Company: 16 359 € Industry median: 32 465 €Q2·26Q3 2026 Company: 12 457 € Industry median: 30 440 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 26 202 € Industry median: 34 671 €Q1 2025 Company: 21 274 € Industry median: 29 392 €Q1·25Q2 2025 Company: 47 026 € Industry median: 33 539 €Q3 2025 Company: 31 376 € Industry median: 33 336 €Q3·25Q4 2025 Company: 8 276 € Industry median: 36 309 €Q1 2026 Company: 16 336 € Industry median: 29 512 €Q1·26Q2 2026 Company: 16 359 € Industry median: 32 465 €Q3 2026 Company: 12 457 € 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, € Q3 2026: 252 € · −91.6% vs Q2 2026 · industry median 1 400 € · above 2% of the industry
01 0002 0003 000Q4 2023 Company: 695 € Industry median: 1 262 €Q4·23Q1 2024 Company: 535 € Industry median: 1 246 €Q2 2024 Company: 1 397 € Industry median: 1 304 €Q2·24Q3 2024 Company: 1 472 € Industry median: 1 307 €Q4 2024 Company: 853 € Industry median: 1 333 €Q4·24Q1 2025 Company: 2 430 € Industry median: 1 372 €Q2 2025 Company: 2 818 € Industry median: 1 446 €Q2·25Q3 2025 Company: — Industry median: 1 411 €Q4 2025 Company: 205 € Industry median: 1 341 €Q4·25Q1 2026 Company: 371 € Industry median: 1 381 €Q2 2026 Company: 2 997 € Industry median: 1 409 €Q2·26Q3 2026 Company: 252 € Industry median: 1 400 €Q3·2601 0002 0003 000Q4 2024 Company: 853 € Industry median: 1 333 €Q1 2025 Company: 2 430 € Industry median: 1 372 €Q1·25Q2 2025 Company: 2 818 € Industry median: 1 446 €Q3 2025 Company: — Industry median: 1 411 €Q3·25Q4 2025 Company: 205 € Industry median: 1 341 €Q1 2026 Company: 371 € Industry median: 1 381 €Q1·26Q2 2026 Company: 2 997 € Industry median: 1 409 €Q3 2026 Company: 252 € 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 Q3 2026: 1 · +0.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 3Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: —Q4 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: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 757 € · −61.7% vs Q2 2026
02 0004 0006 0008 000Q4 2023 Company: 2 697 €Q4·23Q1 2024 Company: 3 312 €Q2 2024 Company: 5 422 €Q2·24Q3 2024 Company: 6 403 €Q4 2024 Company: 3 135 €Q4·24Q1 2025 Company: 3 517 €Q2 2025 Company: 4 479 €Q2·25Q3 2025 Company: 3 829 €Q4 2025 Company: 2 142 €Q4·25Q1 2026 Company: 3 466 €Q2 2026 Company: 4 583 €Q2·26Q3 2026 Company: 1 757 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 135 €Q1 2025 Company: 3 517 €Q1·25Q2 2025 Company: 4 479 €Q3 2025 Company: 3 829 €Q3·25Q4 2025 Company: 2 142 €Q1 2026 Company: 3 466 €Q1·26Q2 2026 Company: 4 583 €Q3 2026 Company: 1 757 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 12 457 1 757 252 1
Q2 2026 16 359 4 583 2 997 1
Q1 2026 16 336 3 466 371 1
Q4 2025 8 276 2 142 205 1
Q3 2025 31 376 3 829 1 365 —
Q2 2025 47 026 4 479 2 818 1
Q1 2025 21 274 3 517 2 430 1
Q4 2024 26 202 3 135 1 705 2
Q3 2024 34 809 6 403 2 944 2
Q2 2024 26 704 5 422 2 794 2
Q1 2024 24 279 3 312 1 605 3
Q4 2023 22 610 2 697 1 389 2
Q3 2023 7 531 1 310 1 389 2
Q2 2023 11 791 2 684 1 389 2
Q1 2023 13 681 2 943 1 407 2
Q4 2022 6 073 1 385 1 155 2
Q3 2022 12 056 1 279 578 1
Q2 2022 9 049 758 578 1
Q1 2022 9 566 1 187 635 1
Labour taxes per employee per month
84 €
Turnover per employee in the quarter
12 457 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 108 551 € · +2.2% vs 2024 · industry median 50 390 € · above 62% of the industry
02550751001252021 Company: 23 468 € Industry median: 57 050 €20212022 Company: 41 723 € Industry median: 56 856 €20222023 Company: 55 568 € Industry median: 51 070 €20232024 Company: 106 255 € Industry median: 44 759 €20242025 Company: 108 551 € Industry median: 50 390 €202502550751001252021 Company: 23 468 € Industry median: 57 050 €20212022 Company: 41 723 € Industry median: 56 856 €2023 Company: 55 568 € Industry median: 51 070 €20232024 Company: 106 255 € Industry median: 44 759 €2025 Company: 108 551 € 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: 13 186 € · +53.8% vs 2024 · industry median 124 € · above 82% of the industry
-15 000-10 000-5 00005 00010 00015 0002021 Company: -11 284 € Industry median: 844 €20212022 Company: -8 203 € Industry median: 391 €20222023 Company: -11 615 € Industry median: 138 €20232024 Company: 8 575 € Industry median: 90 €20242025 Company: 13 186 € Industry median: 124 €2025-15 000-10 000-5 00005 00010 00015 0002021 Company: -11 284 € Industry median: 844 €20212022 Company: -8 203 € Industry median: 391 €2023 Company: -11 615 € Industry median: 138 €20232024 Company: 8 575 € Industry median: 90 €2025 Company: 13 186 € 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: 12.1 % · +4.1 pp vs the year before · industry median 1.1 % · above 81% of the industry
-60-40-200202021 Company: -48.1 % Industry median: 2.9 %20212022 Company: -19.7 % Industry median: 2.1 %20222023 Company: -20.9 % Industry median: 1.6 %20232024 Company: 8.1 % Industry median: 1.1 %20242025 Company: 12.1 % Industry median: 1.1 %2025-60-40-200202021 Company: -48.1 % Industry median: 2.9 %20212022 Company: -19.7 % Industry median: 2.1 %2023 Company: -20.9 % Industry median: 1.6 %20232024 Company: 8.1 % Industry median: 1.1 %2025 Company: 12.1 % 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: 5 931 € · +62.7% vs 2024
02 0004 0006 0008 0002021 Company: 1 770 €20212022 Company: 1 687 €20222023 Company: 7 869 €20232024 Company: 3 645 €20242025 Company: 5 931 €202502 0004 0006 0008 0002021 Company: 1 770 €20212022 Company: 1 687 €2023 Company: 7 869 €20232024 Company: 3 645 €2025 Company: 5 931 €2025
Equity, € 2025: -4 280 € · +75.5% vs 2024
-30 000-20 000-10 00002021 Company: -8 784 €20212022 Company: -14 426 €20222023 Company: -26 041 €20232024 Company: -17 466 €20242025 Company: -4 280 €2025-30 000-20 000-10 00002021 Company: -8 784 €20212022 Company: -14 426 €2023 Company: -26 041 €20232024 Company: -17 466 €2025 Company: -4 280 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 40% of the industry
0.00.51.01.52.02021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 2 Industry median: 220250.00.51.01.52.02021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 2 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 108 551 13 186 16 517 5 931 -4 280 2
2024 106 255 8 575 35 856 3 645 -17 466 2
2023 55 568 -11 615 21 883 7 869 -26 041 1
2022 41 723 -8 203 8 984 1 687 -14 426 1
2021 23 468 -11 284 9 277 1 770 -8 784 1

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
12.1 %
Net profit / revenue
Return on assets (ROA)
222.3 %
Net profit / assets
Equity ratio
-72.2 %
Equity / assets
Debt ratio
172.2 %
Liabilities / assets
Current ratio
0.54
Current assets / current liabilities
Revenue per employee
54 276 €
Revenue / average full-time employees
Labour cost per employee per month
688 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jun 2023 Company’s own e-Äriregister
2021 11 Dec 2020 – 31 Dec 2021 22 Jun 2022 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

  • Karl Makko
    Direct ownership · since 11 Dec 2020

Founders and other persons

  • Karl Makko
    Founder · 2 500 € · 10 Dec 2020
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 31001Manufacture of furniture, except mattresses Main
Rulings
Number, date Title Deadline State Document
Ä 50162102 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50162102
11 Dec 2020
First entry In force
11 Dec 2020
PDF

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