WELEMENT AS

Aktsiaselts · 12892498 · Registrisse kantud

Activity

WELEMENT AS is a small enterprise in manufacturing, with declared activity “Kokkupandavate puitehitiste ja nende elementide tootmine” (EMTAK 16231). Annual revenue stands at 7.42 M € with 34 employees, ranks #412 of 12,380 in manufacturing.

Manufacturing

Overview (2025)

Revenue

7.42 M €

▲ 348%YoY

▲ 221×above industry median

Profit

658.1 k €

▲ 145%YoY

Profit margin

8.9%

Employees

▲ 30.8%YoY

▲ 34×above industry median

Revenue per employee

218.2 k €

Cost per employee

-37.1 k €

Equity

4.04 M €

Growth

Revenue

7.42 M €

▲ 348%

▲ 9.0%

3y CAGR

▲ 12.0%

5y CAGR

Profit

658.1 k €

▲ 145%

▲ 44.1%

3y CAGR

—

5y CAGR

Employees

▲ 30.8%

▼ 1.9%

3y CAGR

· 0.0%

5y CAGR

Trends

Revenue trend

7.42 M €

Profit trend

658.1 k €

Headcount trend

Revenue to profit

Capital structure

Equity68%
Liabilities32%

Financials

Year	Revenue	Growth	Profit	Margin	Employees	Revenue per employee	Equity
2025 ✓	7.42 M €	▲ 348%	658.1 k €	9%	34	218.2 k €	4.04 M €
2024 ✓	1.66 M €	▼ 63.8%	-1.45 M €	-88%	26	63.7 k €	3.38 M €
2023 ✓	4.57 M €	▼ 20.2%	57.5 k €	1%	30	152.4 k €	655.5 k €
2022 ✓	5.73 M €	▲ 29.0%	220.1 k €	4%	36	159.1 k €	597.9 k €
2021 ✓	4.44 M €	▲ 5.5%	4.2 k €	0%	34	130.6 k €	377.8 k €
2020 ✓	4.21 M €	—	-420.3 k €	-10%	34	123.8 k €	-1.63 M €
2019 ✓	—	—	—	—	—	—	—

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Same industry, comparable revenue.

osaühing TARFURGO
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OÜ InToRingy
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Osaühing Prenton
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osaühing ALCANTRA
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OÜ ÖÖD
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FinEst Steel Aktsiaselts
7.48 M €· 36 employees

At the same address

Other companies registered at the same address.

Welcon OÜ
410 €· 0 employees

Directors' other companies

Other companies run by directors of this one.

Consultor OÜ
0 €
Shared director: Lauri Tuulberg
Welcon OÜ
410 €
Shared director: Lauri Tuulberg
Eesti Puitmajaliit
390.4 k €
Shared director: Lauri Tuulberg

Official announcements

Bankruptcy notices, liquidation notices, and other official statements about the company.

View announcements on Ametlikud Teadaanded →

Court rulings

Public court decisions where the company or its registry code is mentioned.

Search court rulings on Riigi Teataja →

General info

Address: Tartu maakond, Tartu linn, Tartu linn, Klaasi tn 14
Registered: 2015-08-10
VAT no.: EE101810982
View in Business Register

Beneficial owners

Individuals who ultimately own or control the company.

Aivar Tuulberg
Indirect controlEestisince 2018-10-17
Raivo Rand
Indirect controlEestisince 2018-10-17

Board (1)

Lauri Tuulberg — Juhatuse liige (since 2015-08-10)

Data sources

firmaotsing.ee aggregates data from Estonian public registries. Each row links to the original source.

Estonian Business Register (RIK)updated daily