Wellmax Baltic OÜ
Activity
Wellmax Baltic OÜ is a micro enterprise in manufacturing, with declared activity “Puidu saagimine ja hööveldamine” (EMTAK 16111). Annual revenue stands at 778.8 k € with 7 employees, ranks #1785 of 12,379 in manufacturing.
Overview (2025)
Revenue
778.8 k €
▼ 28.0%YoY
▲ 23×above industry median
Profit
-70.7 k €
▼ 66.2%YoY
Profit margin
-9.1%
Employees
7
▲ 16.7%YoY
▲ 7.0×above industry median
Revenue per employee
111.3 k €
Cost per employee
19.6 k €
Equity
976.5 k €
Growth
Revenue
778.8 k €
▼ 28.0%
1y
▼ 42.8%
3y CAGR
▼ 30.9%
5y CAGR
Profit
-70.7 k €
▼ 66.2%
1y
—
3y CAGR
—
5y CAGR
Employees
7
▲ 16.7%
1y
▼ 16.4%
3y CAGR
▼ 8.6%
5y CAGR
Trends
Revenue trend
778.8 k €
Profit trend
-70.7 k €
Headcount trend
7
Capital structure
- Equity62%
- Liabilities38%
Financials
| Year | Revenue | Growth | Profit | Margin | Employees | Revenue per employee | Equity |
|---|---|---|---|---|---|---|---|
| 2025 | 778.8 k € | ▼ 28.0% | -70.7 k € | -9% | 7 | 111.3 k € | 976.5 k € |
| 2024 | 1.08 M € | ▼ 12.0% | -42.5 k € | -4% | 6 | 180.3 k € | 1.05 M € |
| 2023 | 1.23 M € | ▼ 70.5% | 64.4 k € | 5% | 7 | 175.6 k € | 1.09 M € |
| 2022 ✓ | 4.16 M € | ▼ 32.3% | 220.6 k € | 5% | 12 | 347.1 k € | 1.12 M € |
| 2021 ✓ | 6.15 M € | ▲ 24.3% | 392.2 k € | 6% | 12 | 512.8 k € | 1.04 M € |
| 2020 ✓ | 4.95 M € | — | 285.3 k € | 6% | 11 | 449.9 k € | 756.2 k € |
| 2019 ✓ | — | — | — | — | — | — | — |
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At the same address
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Official announcements
View announcements on Ametlikud Teadaanded →
Court rulings
Search court rulings on Riigi Teataja →
General info
- Address: Ida-Viru maakond, Alutaguse vald, Kurtna küla, Vabriku tee 8
- Registered: 2007-07-12
- VAT no.: EE101160506
- View in Business Register
Shareholders
Ownership chain
- Evgenia Poldsepp50.00%
- OÜ MH Invest40.00%
- Marek Hirtentreu100.00%
- Silver-Henri Tolk10.00%
Beneficial owners
Board (2)
- Silver-Henri Tolk — Juhatuse liige (since 2019-09-02)
- Marek Hirtentreu — Juhatuse liige (since 2019-09-02)
Data sources
- Estonian Business Register (RIK)updated daily