Osaühing Finest Welding

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 11521953
VAT no.VAT no.:: EE101365000
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 02.09.2008 (18 y)
CapitalCapital:: 2 556 EUR
AddressAddress:: Ülase, Tobia küla, Rakvere vald, Lääne-Viru maakond, 44416
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 55692397
EmailEmail:: erikaaver@gmail.com

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Industries

MANUFACTURING
Manufacture of fabricated metal products, excl. machinery
Manufacture of metal structures
2511 – Manufacture of metal structures and parts of structures

VAT liability

VAT no.	Start	End
EE101365000	01.05.2010	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	16.03.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	20.02.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	03.03.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	08.03.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	26.01.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	24.02.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	06.03.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	11.03.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	16.02.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	06.03.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	31.03.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	22.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	21.03.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	05.03.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	02.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	11.04.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	19.04.2010	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate1 .ee domains1 Licenses1 Regulations16 Public transactions10 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	44 258 €	47 819 €	223 245 €+30,4%	17
2026 Q1	35 660 €	38 488 €	171 147 €−34,8%	17
Total 2026:	79 918 €	86 307 €	394 392 €
2025 Q4	48 261 €	52 208 €	262 560 €+22,1%	17
2025 Q3	49 771 €	53 627 €	215 010 €−10,1%	20
2025 Q2	46 648 €	50 333 €	239 266 €+53,9%	19
2025 Q1	43 830 €	33 632 €	155 460 €−26,6%	17
Total 2025:	188 510 €	189 800 €	872 296 €
2024 Q4	40 081 €	41 451 €	211 760 €+58,6%	16
2024 Q3	25 922 €	27 469 €	133 510 €+17,2%	16
2024 Q2	25 328 €	26 340 €	113 932 €−38,3%	15
2024 Q1	41 556 €	44 284 €	184 538 €−18,2%	22
Total 2024:	132 887 €	139 544 €	643 740 €
2023 Q4	50 611 €	53 432 €	225 516 €−6,7%	21
2023 Q3	52 577 €	56 304 €	241 733 €−4,9%	23
2023 Q2	55 715 €	59 648 €	254 095 €−5,5%	24
2023 Q1	59 137 €	58 967 €	268 885 €−7,1%	25
Total 2023:	218 040 €	228 351 €	990 229 €
2022 Q4	61 369 €	65 577 €	289 571 €+15,0%	25
2022 Q3	55 870 €	59 900 €	251 836 €−13,4%	26
2022 Q2	61 254 €	65 540 €	290 657 €+22,6%	25
2022 Q1	50 303 €	53 217 €	237 022 €+0,2%	25
Total 2022:	228 796 €	244 234 €	1,07 M €
2021 Q4	51 608,51 €	55 329,61 €	236 653 €+11,7%	24
2021 Q3	43 180,25 €	48 715,42 €	211 853 €−3,8%	22
2021 Q2	48 697,90 €	54 093,25 €	220 297 €+15,6%	18
2021 Q1	43 032,30 €	47 482,08 €	190 533,48 €−28,2%	20
Total 2021:	186 518,96 €	205 620,36 €	859 336,48 €
2020 Q4	51 708,34 €	56 411,84 €	265 221 €+92,7%	19
2020 Q3	29 119,97 €	31 844,68 €	137 625 €−18,2%	18
2020 Q2	31 792,05 €	35 218,04 €	168 282 €−10,3%	20
2020 Q1	38 911 €	43 050 €	187 569 €−3,6%	21
Total 2020:	151 531,36 €	166 524,56 €	758 697 €
2019 Q4	41 344 €	45 400 €	194 517 €−6,5%	20
2019 Q3	41 183 €	45 551 €	208 084 €−20,6%	20
2019 Q2	46 893 €	51 692 €	261 906 €+35,1%	19
2019 Q1	41 355 €	44 224 €	193 860 €−13,3%	18
Total 2019:	170 775 €	186 867 €	858 367 €
2018 Q4	45 456 €	49 481 €	223 646 €+6,4%	19
2018 Q3	42 592 €	46 724 €	210 147 €+8,8%	19
2018 Q2	40 768 €	42 958 €	193 178 €+31,9%	17
2018 Q1	30 263 €	29 938 €	146 505 €−9,0%	14
Total 2018:	159 079 €	169 101 €	773 476 €
2017 Q4	33 872 €	33 686 €	160 990 €+18,9%	13
2017 Q3	29 313 €	30 213 €	135 391 €+35,8%	13
2017 Q2	21 889 €	22 416 €	99 676 €+12,0%	9
2017 Q1	17 055 €	18 792 €	88 969 €−8,2%	8
Total 2017:	102 129 €	105 107 €	485 026 €
2016 Q4	18 783 €	18 853 €	96 875 €+26,8%	8
2016 Q3	17 390 €	14 867 €	76 394 €+10,2%	8
2016 Q2	13 602 €	13 494 €	69 339 €−26,1%	8
2016 Q1	17 872 €	18 250 €	93 773 €−7,4%	8
Total 2016:	67 647 €	65 464 €	336 381 €
2015 Q4	23 057 €	22 464 €	101 227 €+4,0%	1
2015 Q3	21 445 €	21 592 €	97 301 €−16,5%	1
2015 Q2	23 062 €	25 869 €	116 572 €+29,4%	1
2015 Q1	19 214 €	19 984 €	90 055 €	1
Total 2015:	86 778 €	89 909 €	405 155 €

Revenue by industry

	2023	2024	2025
Manufacture of metal structures and parts of structures	940 449 €	624 916 €	864 754 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Erik Aaver	38207XXXXXX	08.07.1982 (44)	Board member	02.09.2008	-

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Shareholders

	Personal ID code
Erik Aaver	38207XXXXXX	08.07.1982 (44)	Shareholder	2 556 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Erik Aaver	38207XXXXXX	08.07.1982 (44)	Founder	02.09.2008	-

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Ultimate beneficial owners

	Personal ID code
Erik Aaver	38207XXXXXX	08.07.1982 (44)	Direct holding	03.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 223 245 €
Monthly average: 74 415 €
Per employee: 4 377 €
Equity ratio: 2 911,38%

Labour taxes

Turnover ratio: 21,42%
Tax ratio: 108,05%
Monthly average: 15 940 €
Per employee: 938 €

State taxes

Monthly average: 14 753 €
Turnover ratio: 19,82%

Estimated salary

Gross salary: 1 791 €
Net salary: 1 501 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	90 792 €−6,8%	97 371 €+18,9%	81 922 €−33,3%	122 894 €+1,6%	120 958 €−3,0%	124 663 €+63,7%	76 165 €
Non-current assets	34 386 €−27,3%	47 275 €−32,5%	69 986 €−23,0%	90 930 €+19,0%	76 432 €+19,4%	64 012 €+5,0%	60 991 €
Total assets	125 178 €−13,5%	144 646 €−4,8%	151 908 €−29,0%	213 824 €+8,3%	197 390 €+4,6%	188 675 €+37,6%	137 156 €
Short-term liabilities	115 874 €+21,4%	95 462 €+102%	47 146 €−39,0%	77 351 €−13,3%	89 243 €+42,2%	62 738 €+55,0%	40 486 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	115 874 €+21,4%	95 462 €+102%	47 146 €−39,0%	77 351 €−13,3%	89 243 €+42,2%	62 738 €+55,0%	40 486 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	46 628 €−54,4%	102 206 €−23,7%	133 917 €+26,8%	105 591 €−14,4%	123 381 €+31,1%	94 114 €+20,5%	78 092 €
Net profit	-39 880 €+28,2%	-55 578 €−75,3%	-31 711 €−212%	28 326 €+259%	-17 790 €−161%	29 267 €+82,7%	16 022 €
Equity	9 304 €−81,1%	49 184 €−53,1%	104 762 €−23,2%	136 473 €+26,2%	108 147 €−14,1%	125 937 €+30,3%	96 670 €
Turnover	864 754 €+38,4%	624 916 €−33,6%	940 449 €−14,6%	1 101 185 €+25,4%	878 112 €+19,9%	732 640 €−13,2%	844 195 €
Profit margin	-4,6%	-8,9%	-3,4%	2,6%	-2,0%	4,0%	1,9%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,6	1,4
Quick ratio	1,6	1,4
Cash ratio	0,4	0,4
Efficiency
Days sales outstanding (dso)	29,4	18,1
Asset turnover	5,4	4,5
Structure
Debt ratio	0,4	0,5
Profitability
Operating margin	6,1%	0,6%
Net profit margin	2,6%	-2,0%
Return on assets (roa)	13,8%	-9,2%
Return on equity (roe)	20,8%	-16,4%

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Licences & notices


Notice of economic activity	STR000724	Labour market	Valid	10.05.2018	-

Regulations


Ä 40021762 / 14	02.09.2025	Entry – Amendment entry	-	Entered into force02.09.2025
Ä 40021762 / M2	19.05.2025	Order to remedy deficiencies for correcting extra-entry data – Amendment entry under NSPA § 595¹ (1)	29.05.2025	Entered into force19.05.2025
Ä 40021762 / 13	19.05.2025	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force19.05.2025
Ä 40021762 / 12	11.10.2023	Entry – Amendment entry	-	Entered into force11.10.2023
Ä 40021762 / 11	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023

Real estate

		Purpose
Pae, Tobia küla, Rakvere vald, Lääne-Viru maakond	22 453 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


15.01.2026	Eesti Töötukassa	585,73 €Received	OTHER GRANTSSocial protection of the unemployed
15.12.2025	Eesti Töötukassa	1 210,05 €Received	OTHER GRANTSSocial protection of the unemployed
14.11.2025	Eesti Töötukassa	1 313,84 €Received	OTHER GRANTSSocial protection of the unemployed
14.10.2025	Eesti Töötukassa	1 264,25 €Received	OTHER GRANTSSocial protection of the unemployed
16.09.2025	Eesti Töötukassa	1 350 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


25.02.2025	Eesti TöötukassaAid measure 221265	Palgatoetus VTA › Palgatoetus VTAGrant	11 913,02 €	221265/2600267

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


finestwelding.ee	Active	09.07.2018	10.07.2027

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

Data comes from public registers.