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THUKA NORDWOOD AS

Legal form:

Public limited company

Registry code:

10156536

VAT no.:

EE100458604

Fiscal-year period:

01.01 - 31.12

Established:

17.03.1997 (29)

Former business names:

FLEXA EESTI AKTSIASELTS

Capital:

51 160 EUR

Address:

Tööstuse tn 27, Kadrina alevik, Kadrina vald, Lääne-Viru maakond, 45201

Status:

Registered

Contacts

Email:

thuka.eesti@thuka.ee

Phone:

+372 3225580

Industries

MANUFACTURING
Manufacture of furniture
31001 - Manufacture of furniture (excl. mattresses)

VAT liability

	Start	End
EE100458604	01.08.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	30.06.2026	Valid
2024	01.01.2024 - 31.12.2024	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	20.06.2024	Valid
2022	01.01.2022 - 31.12.2022	26.06.2023	Valid
2021	01.01.2021 - 31.12.2021	27.06.2022	Valid
2020	01.01.2020 - 31.12.2020	28.06.2021	Valid
2019	01.01.2019 - 31.12.2019	18.06.2020	Valid
2018	01.01.2018 - 31.12.2018	20.06.2019	Valid
2017	01.01.2017 - 31.12.2017	19.06.2018	Valid
2016	01.01.2016 - 31.12.2016	26.06.2017	Valid
2015	01.01.2015 - 31.12.2015	10.06.2016	Valid
2014	01.01.2014 - 31.12.2014	16.06.2015	Valid
2013	01.01.2013 - 31.12.2013	18.06.2014	Valid
2012	01.01.2012 - 31.12.2012	03.06.2013	Valid
2011	01.01.2011 - 31.12.2011	20.06.2012	Valid
2010	01.10.2009 - 31.12.2010	14.07.2011	Valid
2009	01.10.2008 - 30.09.2009	31.03.2010	Valid
2008	01.10.2007 - 30.09.2008	17.03.2009	Valid
2007	01.10.2006 - 30.09.2007	12.12.2007	Valid
2006	01.10.2005 - 30.09.2006	15.02.2007	Valid
2005	01.10.2004 - 30.09.2005	03.03.2006	Valid
2004	01.10.2003 - 30.09.2004	18.01.2005	Valid
2003	01.10.2002 - 30.09.2003	19.02.2004	Valid
2002	01.10.2001 - 30.09.2002	12.03.2003	Valid
2001	01.10.2000 - 30.09.2001	12.03.2002	Valid
2000	01.10.1999 - 30.09.2000	22.03.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.07.2026.

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Credit rating

Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	269 229 €	288 292 €	3 121 250 €0.3%	96
2026 Q1	281 124 €	297 204 €	3 132 168 €17.8%	98
Kokku 2026:	550 353 €	585 496 €	6 253 418 €
2025 Q4	263 693 €	279 463 €	3 810 250 €40.9%	96
2025 Q3	291 254 €	310 079 €	2 704 563 €28.7%	104
2025 Q2	269 047 €	286 064 €	3 793 775 €20.3%	102
2025 Q1	331 158 €	347 601 €	3 154 806 €38.3%	103
Kokku 2025:	1 155 152 €	1 223 207 €	13 463 394 €35.8%
2024 Q4	387 467 €	405 485 €	5 116 234 €9.5%	105
2024 Q3	355 862 €	375 815 €	4 671 037 €21.5%	145
2024 Q2	337 209 €	353 954 €	5 949 405 €14.0%	148
2024 Q1	367 028 €	383 595 €	5 219 096 €18.2%	146
Kokku 2024:	1 447 566 €	1 518 849 €	20 955 772 €13.6%
2023 Q4	337 322 €	354 847 €	6 381 427 €38.4%	148
2023 Q3	322 274 €	337 854 €	4 611 577 €27.4%	152
2023 Q2	312 168 €	328 958 €	6 355 733 €7.9%	147
2023 Q1	360 026 €	374 411 €	6 904 326 €4.2%	149
Kokku 2023:	1 331 789 €	1 396 069 €	24 253 062 €1.4%
2022 Q4	319 304 €	336 531 €	6 625 812 €19.1%	148
2022 Q3	368 553 €	387 664 €	5 564 989 €19.4%	153
2022 Q2	336 634 €	355 426 €	6 907 446 €43.5%	174
2022 Q1	476 619 €	499 468 €	4 813 218 €40.8%	189
Kokku 2022:	1 501 110 €	1 579 089 €	23 911 466 €30.0%
2021 Q4	364 810 €	384 798 €	8 130 297 €10.2%	201
2021 Q3	392 934 €	420 563 €	7 375 489 €28.2%	231
2021 Q2	407 109 €	430 866 €	10 270 399 €22.3%	242
2021 Q1	467 771 €	498 876 €	8 395 370 €18.2%	250
Kokku 2021:	1 632 624 €	1 735 102 €	34 171 557 €13.5%
2020 Q4	394 236 €	420 387 €	10 258 596 €28.5%	248
2020 Q3	360 862 €	387 047 €	7 984 739 €39.2%	245
2020 Q2	285 897 €	307 826 €	5 736 930 €6.2%	222
2020 Q1	408 852 €	435 259 €	6 115 843 €26.0%	222
Kokku 2020:	1 449 847 €	1 550 519 €	30 096 108 €18.4%
2019 Q4	390 981 €	418 136 €	8 267 328 €9.4%	237
2019 Q3	421 183 €	449 481 €	7 560 037 €26.0%	279
2019 Q2	433 456 €	461 587 €	10 213 688 €5.9%	265
2019 Q1	445 769 €	474 443 €	10 858 968 €4.0%	286
Kokku 2019:	1 691 389 €	1 803 647 €	36 900 021 €10.0%
2018 Q4	434 340 €	465 858 €	11 310 667 €28.5%	283
2018 Q3	442 666 €	473 527 €	8 798 925 €14.3%	285
2018 Q2	432 738 €	464 431 €	10 261 700 €3.3%	285
2018 Q1	481 834 €	513 154 €	10 616 236 €10.3%	295
Kokku 2018:	1 791 578 €	1 916 970 €	40 987 528 €2.0%
2017 Q4	470 629 €	504 704 €	11 830 043 €26.5%	299
2017 Q3	427 587 €	452 655 €	9 349 860 €3.9%	297
2017 Q2	421 302 €	451 147 €	9 732 232 €5.2%	287
2017 Q1	475 997 €	506 257 €	9 255 229 €20.5%	296
Kokku 2017:	1 795 515 €	1 914 763 €	40 167 364 €46.6%
2016 Q4	486 777 €	520 409 €	7 678 890 €13.9%	266
2016 Q3	428 688 €	456 937 €	6 742 339 €3.8%	266
2016 Q2	409 598 €	440 175 €	6 494 999 €0.3%	266
2016 Q1	412 845 €	438 861 €	6 475 609 €1.9%	266
Kokku 2016:	1 737 908 €	1 856 382 €	27 391 837 €4.1%
2015 Q4	396 296 €	424 329 €	6 598 204 €3.9%	259
2015 Q3	385 032 €	408 268 €	6 348 459 €1.9%	259
2015 Q2	387 519 €	416 005 €	6 468 774 €6.1%	259
2015 Q1	414 640 €	443 066 €	6 889 569 €	259
Kokku 2015:	1 583 487 €	1 691 668 €	26 305 006 €

Revenue by industry

	2023	2024	2025
Manufacture of furniture (excl. mattresses)		15 191 266 €	9 581 898 €
Manufacture of parts for furniture	16 429 216 €

Tax debts

No tax debt found

No tax debt as of 21.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Jaanis Palm	38406XXXXXX	24.06.1984 (42)	Board member	12.06.2025	-

11 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
aktsiaselts Viiratsi Saeveski	-	29.07.2002 (23)	Shareholder	51 160,00 EUR	100	Sole ownership	04.06.2025	-

13 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Tõnu Ehrpais	37008XXXXXX	05.08.1970 (55)	Chairman of the supervisory board	04.06.2025	-
Kuldar Veere	37212XXXXXX	09.12.1972 (53)	Supervisory-board member	04.06.2025	-
Rain Raudsepp	37709XXXXXX	28.09.1977 (48)	Supervisory-board member	04.06.2025	-
Kpmg Baltics Oü	-	-	Audit firm	14.04.2021	-

14 inactive record hidden, extended access to the information portal is required to view history!

1 - 4 / 4 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Jüri Külvik	36510XXXXXX	30.10.1965 (60)	Indirect holding	13.06.2025	-

4 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
Thuka OÜ	15.04.2024	Shareholder	2 500,00 EUR	100	Sole ownership	12.06.2025	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

2026 Q2

Turnover

Amount

3 121 250 €

Monthly average

1 040 417 €

Per employee

10 838 €

Equity ratio

2 033,65%

Labour taxes

Turnover ratio

9,24%

Tax ratio

107,08%

Monthly average

96 097 €

Per employee

991 €

State taxes

Monthly average

89 743 €

Turnover ratio

8,63%

Estimated salary

Gross salary

1 910 €

Net salary

1 565 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	4 641 928 €24.2%	6 124 356 €4.8%	5 841 109 €2.2%	5 717 371 €21.6%	4 702 964 €23.5%	6 151 546 €9.1%	5 639 971 €
Non-current assets	1 597 787 €15.8%	1 897 847 €2.2%	1 940 436 €7.7%	2 102 971 €0.3%	2 096 970 €8.3%	1 937 094 €22.3%	2 493 758 €
Total assets	6 239 715 €22.2%	8 022 203 €3.1%	7 781 545 €0.5%	7 820 342 €15.0%	6 799 934 €15.9%	8 088 640 €0.6%	8 133 729 €
Short-term liabilities	3 467 587 €2.7%	3 564 984 €30.6%	2 730 258 €11.1%	3 072 760 €31.7%	2 332 330 €45.3%	4 264 101 €10.9%	3 843 707 €
Long-term liabilities	-	-	-	-	-	-	1 016 842 €
Total liabilities	3 467 587 €2.7%	3 564 984 €30.6%	2 730 258 €11.1%	3 072 760 €31.7%	2 332 330 €45.3%	4 264 101 €12.3%	4 860 549 €
Share or stock capital	51 160 €	51 160 €	51 160 €	51 160 €	51 160 €	51 160 €	51 160 €
Retained earnings	4 406 059 €11.9%	5 000 127 €6.5%	4 696 422 €6.3%	4 416 444 €17.0%	3 773 377 €17.1%	3 222 020 €23.6%	2 606 690 €
Net profit	-1 685 091 €183.7%	-594 068 €295.6%	303 705 €8.5%	279 978 €56.5%	643 067 €16.6%	551 359 €10.4%	615 330 €
Equity	2 772 128 €37.8%	4 457 219 €11.8%	5 051 287 €6.4%	4 747 582 €6.3%	4 467 604 €16.8%	3 824 539 €16.8%	3 273 180 €
Turnover	10 121 090 €33.4%	15 191 266 €7.5%	16 429 216 €6.9%	17 654 558 €18.8%	21 755 112 €5.0%	20 717 364 €15.6%	24 550 472 €
Profit margin	-16.65%325.7%	-3.91%311.5%	1.85%16.6%	1.59%46.3%	2.96%11.1%	2.66%6.2%	2.51%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	U.O	R.L	Q.L	1.9	2.0
Quick ratio	V.O	Q.I	W.I	0.9	0.2
Cash ratio	X.H	L.T	U.J	0.0	0.0
Efficiency
Days sales outstanding (dso)	FCT.I	XX.C	LY.A	31.4	22.7
Asset turnover	I.U	B.D	X.W	2.4	2.9
Structure
Debt ratio	G.I	O.B	S.W	0.4	0.3
Profitability
Operating margin	-WV.B%	-F.S%	J.C%	1.8%	3.1%
Net profit margin	-MD.N%	-Y.C%	M.E%	1.6%	3.0%
Return on assets (roa)	-CB.D%	-S.X%	A.S%	3.8%	8.6%
Return on equity (roe)	-PG.K%	-OV.Q%	G.R%	5.9%	14.4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 40003091 / 38	19.08.2025	Entry - Amendment entry	Entered into force (19.08.2025)
Ä 40003091 / 37	12.06.2025	Entry - Amendment entry	Entered into force (12.06.2025)
Ä 40003091 / 36	14.02.2025	Entry - Amendment entry	Entered into force (14.02.2025)
Ä 40003091 / 35	13.01.2025	Entry - Amendment entry	Entered into force (13.01.2025)
K 40003091 / 33	06.11.2023	Entry - Commercial-pledge amendment entry	Entered into force (06.11.2023)

1 - 5 / 43 rows

Real estate

Address	Area	Purpose
Kaljumäe, Vasta küla, Viru-Nigula vald, Lääne-Viru maakond	37681 m²	Agricultural land 100%
Kaljumäe, Vasta küla, Viru-Nigula vald, Lääne-Viru maakond	53086 m²	Industrial land 100%
Kuivati, Vasta küla, Viru-Nigula vald, Lääne-Viru maakond	23066 m²	Industrial land 100%
Laoplatsi, Vasta küla, Viru-Nigula vald, Lääne-Viru maakond	22246 m²	Industrial land 100%
Laoplatsi, Viru-Nigula alevik, Viru-Nigula vald, Lääne-Viru maakond	3293 m²	Industrial land 100%

1 - 5 / 8 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date	Participants
1-11-2017/12	Criminal case	Court judgment		Lembit Käis	ECLI:EE:TMK:2012:1.11.2017.13800	30.04.2012

1 - 1 / 1 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	07.12.2020
Notice of disclosure of the draft environmental permit	03.11.2020
Notice of initiation of proceedings for an environmental permit	26.08.2020
Notice of granting or refusal of an air-pollution permit	20.11.2018
Notice of disclosure of the draft air-pollution permit	31.10.2018

1 - 5 / 22 rows

Public transactions

Date	Party	Amount	Classification
08.09.2025	Majandus- ja Kommunikatsiooniministeerium	174 302.44 € Received	OTHER GRANTS General economic and trade policy
04.03.2024	Majandus- ja Kommunikatsiooniministeerium	11 537.56 € Received	OTHER GRANTS General economic and trade policy
03.05.2022	Majandus- ja Kommunikatsiooniministeerium	14 160.00 € Received	OTHER GRANTS R&D in other economic sectors

1 - 3 / 3 rows

.ee domains

Domain	Status	Registered	Expires	End
thuka.ee	Active	03.08.2023	04.08.2027	-

1 - 1 / 1 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders