Glasstech OÜ

Legal form:: Private limited company
Registry code:: 12469133
VAT no.:: EE101634223
Fiscal-year period:: 01.01 - 31.12
Established:: 06.05.2013 (13 y)
Capital:: 2 500 EUR
Address:: Savimäe tn 1, Vahi alevik, Tartu vald, Tartu maakond, 60534
Status:: Registered

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Contacts

Phone:: +372 55540145
Email:: olev.marek@gmail.com

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Industries

Industry TOPNo. 124 of 544 companies

124.Glasstech OÜ560.4k €

Main activity 31001 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101634223	07.05.2013	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	25.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	01.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	04.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	04.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	31.03.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.10.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	09.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	15.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	29.08.2016	Valid	PDF
2015	01.01.2015 – 31.12.2015	26.08.2016	Expired	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	06.05.2013 – 31.12.2013	30.06.2014	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate1 .ee domains7 Licenses–Regulations13 Public transactions10 Grants4 State aid8 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	13 722 €	2 590 €	146 044 €−16,6%	2
2026 Q2	9 347 €	2 846 €	175 104 €+53,6%	2
2026 Q1	6 050 €	2 403 €	113 985 €−9,0%	2
Total 2026:	29 119 €	7 839 €	435 133 €
2025 Q4	9 311 €	3 596 €	125 258 €−5,4%	2
2025 Q3	9 374 €	3 078 €	132 406 €+130%	3
2025 Q2	5 745 €	2 230 €	57 641 €−32,0%	3
2025 Q1	10 831 €	3 527 €	84 739 €−36,1%	1
Total 2025:	35 261 €	12 431 €	400 044 €
2024 Q4	5 039 €	4 645 €	132 601 €+13,7%	1
2024 Q3	15 736 €	8 590 €	116 601 €+122%	2
2024 Q2	7 548 €	5 887 €	52 623 €−14,5%	2
2024 Q1	2 501 €	2 409 €	61 539 €−7,3%	2
Total 2024:	30 824 €	21 531 €	363 364 €
2023 Q4	7 201 €	2 537 €	66 355 €−38,1%	2
2023 Q3	10 083 €	4 786 €	107 212 €+107%	2
2023 Q2	7 919 €	5 962 €	51 905 €−17,8%	2
2023 Q1	8 497 €	5 542 €	63 123 €−29,9%	3
Total 2023:	33 700 €	18 827 €	288 595 €
2022 Q4	4 086 €	4 948 €	90 002 €−41,7%	3
2022 Q3	4 431 €	3 744 €	154 459 €+166%	3
2022 Q2	7 358 €	3 220 €	58 030 €−6,3%	2
2022 Q1	4 187 €	1 989 €	61 957 €−17,9%	2
Total 2022:	20 062 €	13 901 €	364 448 €
2021 Q4	4 649,33 €	2 981,69 €	75 486,37 €+37,9%	2
2021 Q3	8 190,15 €	4 726,47 €	54 744,13 €−11,6%	3
2021 Q2	7 236,11 €	5 383,94 €	61 897,07 €+19,4%	4
2021 Q1	4 405,06 €	3 908 €	51 830,89 €−19,5%	4
Total 2021:	24 480,65 €	17 000,10 €	243 958,46 €
2020 Q4	9 614,81 €	3 283,22 €	64 372,12 €+61,6%	4
2020 Q3	5 898,28 €	3 430,21 €	39 827,53 €−25,9%	5
2020 Q2	7 519,75 €	3 293,51 €	53 749,93 €−14,3%	5
2020 Q1	10 167 €	3 430 €	62 747 €−9,5%	5
Total 2020:	33 199,84 €	13 436,94 €	220 696,58 €
2019 Q4	9 547 €	2 794 €	69 307 €+45,7%	5
2019 Q3	8 281 €	3 477 €	47 571 €−22,4%	5
2019 Q2	7 395 €	3 063 €	61 300 €+20,2%	5
2019 Q1	5 448 €	2 795 €	50 995 €−6,2%	5
Total 2019:	30 671 €	12 129 €	229 173 €
2018 Q4	9 398 €	2 809 €	54 377 €+63,0%	5
2018 Q3	0 €	1 940 €	33 354 €−1,5%	5
2018 Q2	3 472 €	1 983 €	33 861 €−30,7%	4
2018 Q1	8 118 €	2 787 €	48 828 €+6,7%	4
Total 2018:	20 988 €	9 519 €	170 420 €
2017 Q4	7 927 €	2 933 €	45 773 €+47,3%	5
2017 Q3	3 119 €	2 242 €	31 067 €−16,1%	5
2017 Q2	3 711 €	1 382 €	37 046 €+14,1%	4
2017 Q1	5 529 €	1 296 €	32 470 €−10,3%	2
Total 2017:	20 286 €	7 853 €	146 356 €
2016 Q4	2 987 €	1 258 €	36 192 €	1
2016 Q3	3 995 €	1 258 €	36 193 €+50,0%	1
2016 Q2	763 €	839 €	24 128 €+300%	1
2016 Q1	307 €	210 €	6 032 €−72,7%	1
Total 2016:	8 052 €	3 565 €	102 545 €
2015 Q4	0 €	761 €	22 079 €−33,3%	2
2015 Q3	0 €	1 142 €	33 119 €	2
2015 Q2	0 €	1 142 €	33 119 €+113%	2
2015 Q1	0 €	537 €	15 577 €	2
Total 2015:	0 €	3 582 €	103 894 €

Revenue by industry

	2023	2024	2025
Manufacture of furniture (excl. mattresses)		231 889 €	299 050 €
Non-specialised wholesale trade	49 750 €	122 045 €	108 063 €
Renting and operating of own or leased real estate	3 860 €	3 393 €	4 910 €
All other professional, scientific and technical activities n.e.c.		3 443 €
Manufacture of parts for furniture	281 331 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Marek Olev	38508XXXXXX	09.08.1985 (41)	Board member	06.05.2013	-

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Shareholders

	Personal ID code
Marek Olev	38508XXXXXX	09.08.1985 (41)	Shareholder	2 500 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Marek Olev	38508XXXXXX	09.08.1985 (41)	Founder	05.05.2013	-

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Ultimate beneficial owners

	Personal ID code
Marek Olev	38508XXXXXX	09.08.1985 (41)	Direct holding	25.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 146 044 €
Monthly average: 48 681 €
Per employee: 24 341 €
Equity ratio: 1 947,25%

Labour taxes

Turnover ratio: 1,77%
Tax ratio: 18,87%
Monthly average: 863 €
Per employee: 432 €

State taxes

Monthly average: 4 574 €
Turnover ratio: 9,40%

Estimated salary

Gross salary: 928 €
Net salary: 852 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	150 492 €−14,7%	176 456 €+44,6%	122 069 €+36,8%	89 221 €+31,0%	68 132 €−2,7%	70 041 €−2,8%	72 047 €
Non-current assets	239 360 €+37,0%	174 778 €−10,1%	194 349 €−25,4%	260 631 €+43,6%	181 535 €+25,2%	144 968 €−7,9%	157 459 €
Total assets	389 852 €+11,0%	351 234 €+11,0%	316 418 €−9,6%	349 852 €+40,1%	249 667 €+16,1%	215 009 €−6,3%	229 506 €
Short-term liabilities	108 529 €+41,7%	76 584 €+47,2%	52 032 €+17,5%	44 292 €−16,8%	53 265 €+28,9%	41 332 €−24,7%	54 883 €
Long-term liabilities	101 953 €−0,7%	102 670 €−3,6%	106 500 €−33,0%	158 965 €+169%	59 032 €+11,5%	52 931 €−12,1%	60 195 €
Total liabilities	210 482 €+17,4%	179 254 €+13,1%	158 532 €−22,0%	203 257 €+81,0%	112 297 €+19,1%	94 263 €−18,1%	115 078 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	169 480 €+9,1%	155 386 €+7,8%	144 095 €+6,8%	134 870 €+14,1%	118 246 €+5,6%	111 928 €+23,9%	90 351 €
Net profit	7 390 €−47,6%	14 094 €+24,8%	11 291 €+22,4%	9 225 €−44,5%	16 624 €+163%	6 318 €−70,7%	21 577 €
Equity	179 370 €+4,3%	171 980 €+8,9%	157 886 €+7,7%	146 595 €+6,7%	137 370 €+13,8%	120 746 €+5,5%	114 428 €
Turnover	412 023 €+14,2%	360 770 €+7,7%	334 941 €+25,1%	267 770 €+0,2%	267 123 €+32,2%	201 993 €−13,1%	232 353 €
Profit margin	1,8%	3,9%	3,4%	3,4%	6,2%	3,1%	9,3%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	47 430 €	47 465 €
Liquidity
Current ratio	2,0	1,3
Quick ratio	1,3	0,7
Cash ratio	0,3	0,1
Efficiency
Days sales outstanding (dso)	52,8	41,8
Asset turnover	0,9	1,1
Structure
Debt ratio	0,6	0,4
Profitability
Operating margin	5,1%	7,1%
Net profit margin	3,4%	6,2%
Return on assets (roa)	3,1%	7,2%
Return on equity (roe)	6,3%	12,1%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20063927 / 10	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
K 20063927 / 9	09.07.2018	Entry – Commercial-pledge opening entry	-	Entered into force09.07.2018
Ä 20063927 / 8	06.06.2018	Entry – Amendment entry	-	Entered into force06.06.2018
Ä 20063927 / M3	25.04.2018	Order to remedy deficiencies – Amendment entry	25.05.2018	Deficiencies remedied06.06.2018
Ä 20063927 / 7	18.01.2018	Entry – Amendment entry	-	Entered into force18.01.2018

Real estate

		Purpose
Käspre, Tõõraste küla, Kastre vald, Tartu maakond	133 377 m²	Agricultural 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


09.01.2026	Majandus- ja Kommunikatsiooniministeerium	7 424 €Received	OTHER GRANTSR&D in general economic, trade and labour policy
17.02.2025	Eesti Töötukassa	785,47 €Received	OTHER GRANTSSocial protection of the unemployed
13.01.2025	Eesti Töötukassa	697,03 €Received	OTHER GRANTSSocial protection of the unemployed
12.12.2024	Eesti Töötukassa	488,57 €Received	OTHER GRANTSSocial protection of the unemployed
15.02.2023	Põllumajanduse Registrite ja Informatsiooni Amet	21 340,40 €Received	OTHER GRANTSAgriculture

Funded projects


Glasstech OÜ digitaliseerimine2021-2027.1.02.26-0741	(EK nr 1.2) Digitaliseerimisest kasu toomineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	30.03.2026 – 30.09.20262021-2027	49 575 €support 70,0%	-	Funded
Klaasipurustaja2021-2027.1.01.24-0831	(EK nr 1.1) Teadus- ja innovatsioonivõime, kõrgetasemelised tehnoloogiadERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	03.03.2025 – 03.12.20252021-2027	9 280 €support 67,2%	9 280 €	Completed
Digitaliseerimise teekaart Glasstechis2014-2020.4.04.22-2438	Ettevõtja arenguplaani toetusmeede ettevõtete arendus- ja eksporditegevustele kaasaaitamiseks ning juhtimisvõimekuse tõstmiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.10.2022 – 31.12.20222014-2020	9 120 €support 70,0%	9 120 €	Completed
Painutatud klaasist akustiline kõlakoda2014-2020.4.04.17-0554	Ettevõtja arenguplaani toetusmeede ettevõtete arendus- ja eksporditegevustele kaasaaitamiseks ning juhtimisvõimekuse tõstmiseksERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	29.05.2017 – 31.08.20172014-2020	4 685,48 €support 80,0%	4 685,48 €	Completed

State aid


15.05.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241674	Muu › MuuGrant	34 702,50 €	241674/2600053
25.03.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231482	Muu › Innovatsiooni osakGrant	7 424 €	231482/2500018
27.09.2024	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	1 971,07 €	231580/2501040
06.10.2022	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 211043	Muu › MuuGrant	6 384 €	211043/2200049
15.04.2021	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 15467	Turundustegevused VTA › Ekspordi edendamine VTAGrant	15 000 €	15467/2105980

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


saunaklaasid.ee	Active	10.11.2025	11.11.2027
saunaklaas.ee	Active	10.11.2025	11.11.2027
dušiklaas.ee	Active	08.05.2025	09.05.2027
dušiklaasid.ee	Active	08.05.2025	09.05.2027
tasapind.ee	Active	06.05.2025	07.05.2027

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.