WELEMENT AS
- Registry code
- 12892498
- VAT number
- EE101810982
- Address
- Tartu maakond, Tartu linn, Tartu linn, Klaasi tn 14, 50409
- Registered
- 10.08.2015 · 11 yrs
- Activity
- Manufacture of other builders' carpentry and joinery 16231
- Capital
- 25 000 €
- i•••@w•••.eeLog in to see
- Phone
- +372 5•• ••••Log in to see
- Website
- https://www.welement.ee
- LEI
- 984500A03AE9A9A56J79 ISSUED
Business Register 03.10.2026
Sales revenue7,4 m €+348%2025 annual report
Profit658 k €2025 annual report
Employees40Tax Board 2026 Q2
Average gross salary2 267 €estimate, Tax Board 2026 Q2
Labour taxes per quarter139 k €Tax Board 2026 Q2
Cash69 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 03.10.2026
Revenue 12 months4,3 m €+70%Tax Board, last 4 quarters
State taxes 12 months219 k €Tax Board, last 4 quarters
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
Stability
Follow companyNotification when something changesRatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 70% aasta varasemaga
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Board and owners
2 persons
| Board 1 | ||
|---|---|---|
| Lauri Tuulberg4 companiesno tax debt | Personal ID ↗ | 10.08.2015 |
| Muud isikud 1 | ||
| Nasdaq CSD SE5342 companies434 with tax debt91 pankrotisAktsiaraamatu pidaja | Personal ID ↗ | 28.09.2017 |
| Beneficial owners 2 | ||
| Aivar Tuulberg2 companiesno tax debtkaudne osalus | 17.10.2018 | |
| Raivo Rand4 companiesno tax debtkaudne osalus | 17.10.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue5,1%
Labour taxes / revenue10,3%
Revenue per employee per month11 275 €
Gross salary (estimate)2 267 €
Net salary (estimate)1 859 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 1 353 004 € | ▼ 7% | 138 756 € | 69 104 € | 40 |
| 2026 Q1 | 529 726 € | ▼ 6% | 157 270 € | 65 656 € | 36 |
| 2025 Q4 | 942 135 € | ▲ 158% | 160 832 € | 0 € | 40 |
| 2025 Q3 | 1 496 762 € | ▲ 900% | 135 097 € | 84 486 € | 36 |
| 2025 Q2 | 1 460 542 € | ▲ 190% | 120 494 € | 116 782 € | 32 |
| 2025 Q1 | 564 745 € | ▼ 13% | 102 249 € | 49 840 € | 28 |
| 2024 Q4 | 365 082 € | ▼ 70% | 98 854 € | 60 695 € | 24 |
| 2024 Q3 | 149 636 € | ▼ 76% | 99 957 € | 33 800 € | 24 |
| 2024 Q2 | 503 273 € | ▼ 55% | 106 157 € | 150 499 € | 26 |
| 2024 Q1 | 647 157 € | ▼ 32% | 109 018 € | 71 504 € | 27 |
| 2023 Q4 | 1 218 479 € | ▼ 39% | 105 147 € | 6 864 € | 28 |
| 2023 Q3 | 623 095 € | ▼ 70% | 100 802 € | 11 418 € | 27 |
Näita kogu ajalugu (18 kvartalit)
| 2023 Q2 | 1 120 889 € | ▲ 91% | 103 413 € | 86 042 € | 29 |
| 2023 Q1 | 945 484 € | ▲ 14% | 111 665 € | 25 146 € | 36 |
| 2022 Q4 | 2 005 788 € | 116 122 € | 0 € | 35 | |
| 2022 Q3 | 2 070 508 € | 101 089 € | 0 € | 37 | |
| 2022 Q2 | 588 115 € | 77 097 € | 0 € | 34 | |
| 2022 Q1 | 829 140 € | 89 332 € | 29 316 € | 32 |
Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0
Annual reports
5 yr
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 7,4 m € | ▲ 348% | 1,7 m € | ▼ 64% | 4,6 m € | ▼ 20% | 5,7 m € | ▲ 29% | 4,4 m € |
| Profit | 658 k € | ▲ plussi | -1,5 m € | ▼ miinusesse | 57 549 € | ▼ 74% | 220 k € | ▲ 53× | 4 187 € |
| Profit margin | 8,9% | -87,6% | 1,3% | 3,8% | 0,1% | ||||
| Jaotamata kasum | -2,8 m € | ▼ 106% | -1,4 m € | ▲ 4% | -1,4 m € | ▲ 13% | -1,6 m € | 0% | -1,7 m € |
| Cash | 69 € | ▲ 35% | 51 € | ▼ 100% | 34 431 € | ▲ 470% | 6 036 € | ▼ 94% | 94 023 € |
| Current assets | 1,7 m € | ▲ 245% | 498 k € | ▼ 48% | 966 k € | ▼ 26% | 1,3 m € | ▲ 22% | 1,1 m € |
| Põhivara | 4,3 m € | ▼ 5% | 4,5 m € | ▼ 6% | 4,7 m € | ▼ 3% | 4,9 m € | ▲ 1% | 4,8 m € |
| Assets | 6,0 m € | ▲ 20% | 5,0 m € | ▼ 13% | 5,7 m € | ▼ 8% | 6,2 m € | ▲ 5% | 5,9 m € |
| Current liabilities | 1,8 m € | ▲ 28% | 1,4 m € | ▲ 16% | 1,2 m € | ▼ 76% | 5,1 m € | ▲ 177% | 1,8 m € |
| Pikaajalised kohustised | 121 k € | ▼ 35% | 185 k € | ▼ 95% | 3,8 m € | ▲ 696% | 482 k € | ▼ 87% | 3,7 m € |
| Total liabilities | 1,9 m € | ▲ 21% | 1,6 m € | ▼ 68% | 5,1 m € | ▼ 10% | 5,6 m € | ▲ 2% | 5,5 m € |
| Equity | 4,0 m € | ▲ 19% | 3,4 m € | ▲ 416% | 655 k € | ▲ 10% | 598 k € | ▲ 58% | 378 k € |
| Tööjõukulud | -1,3 m € | ▼ 30% | -971 k € | ▲ 6% | -1,0 m € | ▼ 4% | -986 k € | ▼ 8% | -913 k € |
| Employees | 34 | ▲ 31% | 26 | ▼ 13% | 30 | ▼ 17% | 36 | ▲ 6% | 34 |
| Filed | 30.06.2026 | 30.06.2025 | 01.07.2024 | 30.06.2023 | 30.06.2022 | ||||
| Report | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ | In the Business Register ↗ |
▲ kasv, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0
Revenue by activity
2025
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Puidust uste, akende, aknaluukide ja nende raamide tootmine (k.a väravad) main activity | 16231 | 7 420 396 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Debts and court cases
clean
No tax debt · Tax Board 03.10.2026
Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.
Enforcement, payment orders and notices
clean
Official Announcements contain no enforcement, payment order or tax authority notices about the company.
Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.
State: transactions, tenders, grants
none
No transactions with state agencies, procurement contracts or grants found
RTK Saldo, Riigihangete register, RTK toetatud projektid
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
60
Ericsson Eesti AktsiaseltsNasdaq CSD SE416,6 m €AAAS SEB PankNasdaq CSD SE405,8 m €AAAktsiaselts METAPRINTNasdaq CSD SE85,8 m €AAAElke Tallinn ASNasdaq CSD SE62,0 m €AAAosaühing NÕO LIHATÖÖSTUSNasdaq CSD SE48,3 m €AAAaktsiaselts ESTIKO - PLASTARNasdaq CSD SE48,2 m €AAAStockmann AktsiaseltsNasdaq CSD SE42,3 m €AAAktsiaselts BalbiinoNasdaq CSD SE29,5 m €AAAAktsiaselts Magnum VeterinaariaNasdaq CSD SE28,6 m €BBInterchemie Werken De Adelaar Eesti aktsiaseltsNasdaq CSD SE25,5 m €BBBosaühing SAVEKATENasdaq CSD SE25,2 m €AAASchneider Electric Eesti ASNasdaq CSD SE24,9 m €BAktsiaselts TopautoNasdaq CSD SE21,6 m €AAAktsiaselts Lincona KonsultNasdaq CSD SE19,2 m €AAAAS All Media EestiNasdaq CSD SE17,2 m €AAaktsiaselts PristisNasdaq CSD SE13,5 m €AAAAktsiaselts Viru ElektrikaubandusNasdaq CSD SE10,6 m €AAAktsiaselts STANDARDNasdaq CSD SE10,6 m €AHorticom OÜNasdaq CSD SE10,5 m €AAAaktsiaselts LTTNasdaq CSD SE10,2 m €AAAMotoral Eesti AktsiaseltsNasdaq CSD SE8,6 m €AAktsiaselts Silmani ElekterNasdaq CSD SE8,0 m €AAmari Metals OÜNasdaq CSD SE7,2 m €Aaktsiaselts "Rauameister"Nasdaq CSD SE6,8 m €AAAktsiaselts "Erimell"Nasdaq CSD SE6,4 m €AAAAktsiaselts Taastusravikeskus ViikingNasdaq CSD SE5,8 m €AAAaktsiaselts IKODORNasdaq CSD SE4,9 m €AAAktsiaselts ANTAARESNasdaq CSD SE4,7 m €AACaverion Eesti ASNasdaq CSD SE4,6 m €AAktsiaselts Kiviõli KaubahoovNasdaq CSD SE4,4 m €AAAktsiaselts Metsaküla PiimNasdaq CSD SE3,9 m €AAAOÜ Eagle VisionNasdaq CSD SE3,6 m €AAaktsiaselts VÕRU VESINasdaq CSD SE3,4 m €AAAEF Production OÜNasdaq CSD SE3,3 m €AAaktsiaselts CISTANasdaq CSD SE2,6 m €AAABasseinitehnika OÜNasdaq CSD SE2,5 m €AAARTT AktsiaseltsNasdaq CSD SE2,1 m €AAAAS Remedium Kalamaja ApteekNasdaq CSD SE1,7 m €AAaktsiaselts ESTIKONasdaq CSD SE1,6 m €AAAVERSKA MINERAALVEE osaühingNasdaq CSD SE1,5 m €AAAAktsiaselts Ekspress GruppNasdaq CSD SE1,4 m €AOsaühing AllfilmNasdaq CSD SE1,2 m €AAOsaühing Kallaste KalurNasdaq CSD SE1,2 m €AAALEKON PROPERTY ASNasdaq CSD SE1,2 m €AAAosaühing KediivNasdaq CSD SE1,1 m €AAAAktsiaselts FotoluksNasdaq CSD SE1,1 m €BBBAuto ID osaühingNasdaq CSD SE810 k €AAAAktsiaselts MihkliNasdaq CSD SE475 k €AAAS Tolaram InvestmentsNasdaq CSD SE380 k €AAAktsiaselts YearNasdaq CSD SE132 k €CRaisio Eesti AktsiaseltsNasdaq CSD SE120 k €ADeden-Invest AktsiaseltsNasdaq CSD SE51 638 €AOsaühing Pelguranna PandimajaNasdaq CSD SE33 179 €Aosaühing ToplexNasdaq CSD SE14 918 €AKatus ASNasdaq CSD SE13 588 €AOsaühing NIKOLLONasdaq CSD SE6 140 €Cosaühing ILMATSALU KALANasdaq CSD SE4 426 €Aaktsiaselts FaabulaNasdaq CSD SE0 €BBBAktsiaselts TalveaedNasdaq CSD SE · Likvideerimisel0 €CAktsiaselts SpratfilNasdaq CSD SE · Bankrupt0 €C
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Manufacture of other builders' carpentry and joinery
20
| # | Company | Revenue |
|---|---|---|
| 1 | AS Palmako | 76,0 m € |
| 2 | osaühing Harmet | 62,4 m € |
| 3 | OÜ Module Tech | 22,0 m € |
| 4 | OÜ Saru Lauavabrik | 17,0 m € |
| 5 | osaühing Baltic Connexions | 14,0 m € |
| 6 | Ramirent Modular Factory AS | 13,8 m € |
| 7 | Auroom OÜ | 12,9 m € |
| 8 | Osaühing NOVARA | 11,7 m € |
| 9 | Compact Home OÜ | 10,2 m € |
| 10 | Baltresto Production OÜ | 9,7 m € |
| 11 | Saunasell OÜ | 8,4 m € |
| 12 | Ecosauna Project OÜ | 8,0 m € |
| 13 | Aktsiaselts Matek | 7,9 m € |
| 14 | Timbeco Woodhouse OÜ | 7,8 m € |
| 15 | Iglucraft OÜ | 7,5 m € |
| 16 | WELEMENT AS | 7,4 m € |
| 17 | Osaühing Sandla Puit | 7,0 m € |
| 18 | Hansa24 Group OÜ | 6,9 m € |
| 19 | osaühing CAPRA | 6,6 m € |
| 20 | Osaühing Valge VN | 5,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Licences, pledges, domains
6 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Jäätmekäitleja registreering: Jäätmete taaskasutamine või kõrvaldamine - Klaasi 14 jäätmekäitluskoht | RE.JÄ/520673 | 30.11.2023 kuni 31.12.2026 |
| Ehitamine | EEH011299 | 25.07.2019 |
| Projekteerimine | EEP003765 | 04.01.2017 |
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 2 | AS LHV Pank | 300 000 € | 21.11.2025 |
| 1 | AS LHV Pank | 500 000 € | 17.08.2022 |
Domains
| Domain | Source |
|---|---|
| welement.ee | Business Register |
History and notices
16
| Date | Liik | Sisu |
|---|---|---|
| 21.11.2025 | Kanne | Kommertspandi avamiskanne |
| 17.08.2022 | Kanne | Kommertspandi avamiskanne |
| 18.11.2021 | Kanne | Muutmiskanne |
| 03.08.2021 | Kanne | Muutmiskanne ÄS § 525 lg 2 alusel |
| 03.08.2021 | Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks | Muutmiskanne ÄS § 525 lg 2 alusel |
| 31.07.2018 | Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks | Muutmiskanne |
| 27.06.2018 | Kanne | Muutmiskanne |
| 11.04.2018 | Kanne | Muutmiskanne ÄS § 525 lg 2 alusel |
| 13.02.2018 | Kanne | Muutmiskanne |
| 19.01.2018 | Kanne | Muutmiskanne |
| 10.12.2017 | Kanne | Muutmiskanne |
| 28.09.2017 | Kanne | Muutmiskanne |
| 06.07.2017 | Kanne | Muutmiskanne ÄS § 525 lg 2 alusel |
| 19.08.2015 | Kanne | Muutmiskanne |
| 10.08.2015 | Kanne | Esmakanne |
| 04.08.2015 | Puuduste kõrvaldamise määrus | Esmakanne |