Metsä Wood Eesti AS

Legal form:: Public limited company
Registry code:: 14082970
VAT no.:: EE101902049
Fiscal-year period:: 01.01 - 31.12
Established:: 18.07.2016 (10 y)
Capital:: 2 960 000 EUR
Address:: Kase tn 17, Pärnu linn, Pärnu linn, Pärnu maakond, 80047
Status:: Registered

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Contacts

Phone:: +372 56208232
Email:: august.killing@metsagroup.com
Website:: http://www.metsagroup.com

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Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
Manufacture of veneer sheets and wood-based panels
16211 – Manufacture of veneer sheets and plywood

Industry TOPNo. 3 of 6 companies

1.Estonian Plywood AS97.2M €
2.WISA Plywood OÜ96.9M €
3.Metsä Wood Eesti AS86.2M €
4.OÜ Kohila Vineer59.7M €
5.Paged Eesti OÜ39.2M €
6.Tarmeko Spoon OÜ27.9M €

Main activity 16211 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101902049	23.08.2016	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	16.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	21.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	08.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	17.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	19.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	02.07.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	20.06.2019	Valid	PDF
2017	18.07.2016 – 31.12.2017	13.06.2018	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements15 TTJA decisions–Real estate3 .ee domains–Licenses1 Regulations27 Public transactions14 Grants–State aid24 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	2,47 M €	753 282 €	16,6 M €−33,8%	204
2026 Q2	3,45 M €	758 933 €	25,1 M €+44,1%	209
2026 Q1	2,35 M €	735 312 €	17,4 M €−35,3%	214
Total 2026:	8,27 M €	2,25 M €	59,2 M €
2025 Q4	3,38 M €	828 186 €	27,0 M €+37,1%	216
2025 Q3	2,25 M €	840 139 €	19,7 M €−25,4%	220
2025 Q2	3,19 M €	812 155 €	26,4 M €+24,0%	218
2025 Q1	2,11 M €	717 671 €	21,3 M €−25,7%	221
Total 2025:	10,9 M €	3,20 M €	94,2 M €
2024 Q4	601 277 €	631 421 €	28,6 M €+45,9%	220
2024 Q3	536 184 €	560 201 €	19,6 M €−24,3%	221
2024 Q2	514 430 €	539 910 €	25,9 M €+20,8%	217
2024 Q1	440 312 €	461 193 €	21,4 M €−15,8%	208
Total 2024:	2,09 M €	2,19 M €	95,5 M €
2023 Q4	438 013 €	461 143 €	25,4 M €+26,8%	204
2023 Q3	465 226 €	491 279 €	20,1 M €−25,9%	202
2023 Q2	477 197 €	503 643 €	27,1 M €+0,3%	200
2023 Q1	420 075 €	438 677 €	27,0 M €+1,3%	201
Total 2023:	1,80 M €	1,89 M €	99,6 M €
2022 Q4	407 600 €	428 827 €	26,6 M €+38,0%	204
2022 Q3	430 887 €	455 717 €	19,3 M €−6,4%	201
2022 Q2	388 457 €	410 180 €	20,6 M €+18,8%	200
2022 Q1	365 276 €	384 480 €	17,4 M €+3,1%	187
Total 2022:	1,59 M €	1,68 M €	83,9 M €
2021 Q4	371 189,70 €	389 714,70 €	16,8 M €+8,4%	161
2021 Q3	355 629,73 €	381 114,58 €	15,5 M €−6,0%	162
2021 Q2	347 719,85 €	372 844,13 €	16,5 M €+22,7%	167
2021 Q1	302 210,04 €	322 541,58 €	13,5 M €−10,4%	166
Total 2021:	1,38 M €	1,47 M €	62,4 M €
2020 Q4	318 464,54 €	340 331,69 €	15,0 M €+28,3%	152
2020 Q3	318 814,97 €	342 186,91 €	11,7 M €−24,3%	150
2020 Q2	335 303,15 €	352 519,43 €	15,5 M €+67,4%	156
2020 Q1	318 303 €	331 502 €	9,25 M €−26,9%	161
Total 2020:	1,29 M €	1,37 M €	51,5 M €
2019 Q4	331 670 €	344 171 €	12,7 M €+8,1%	160
2019 Q3	350 514 €	356 478 €	11,7 M €−11,4%	183
2019 Q2	270 882 €	278 699 €	13,2 M €+36,5%	167
2019 Q1	200 923 €	206 244 €	9,69 M €+1,6%	145
Total 2019:	1,15 M €	1,19 M €	47,3 M €
2018 Q4	0 €	153 448 €	9,54 M €+8,4%	113
2018 Q3	0 €	118 051 €	8,80 M €−9,4%	81
2018 Q2	0 €	74 780 €	9,72 M €−13,3%	75
2018 Q1	0 €	26 858 €	11,2 M €+1 232%	37
Total 2018:	0 €	373 137 €	39,3 M €
2017 Q4	0 €	10 190 €	841 799 €+1 008%	3
2017 Q3	0 €	0 €	75 998 €+86,0%	1
2017 Q2	0 €	0 €	40 860 €−97,6%	0
2017 Q1	0 €	0 €	1,70 M €	0
Total 2017:	0 €	10 190 €	2,66 M €
2016 Q4	0 €	0 €	0 €	0
2016 Q3	0 €	0 €	0 €	0
Total 2016:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Manufacture of veneer sheets and plywood	59 982 140 €	55 885 592 €	55 907 008 €

Tax debts

No tax debt found

No tax debt as of 01.08.2026

Representatives

	Personal ID code
Juha Pekka Ilmari Kasslin	-	08.06.1971 (55)	Board member	25.09.2025	-
August Killing	38609XXXXXX	03.09.1986 (40)	Board member	14.12.2023	-
Jouni Aukusti Laakso	37603XXXXXX	29.03.1976 (50)	Board member	28.04.2022	-

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Shareholders

	Personal ID code
METSÄLIITTO OSUUSKUNTA	-	-	Shareholder	2 960 000 EUR	100,00%	Sole ownership	06.01.2025	-

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Other persons

	Personal ID code
Jussi Matti Noponen	-	25.02.1975 (51)	Chairman of the supervisory board	17.04.2026	-
Juha Tapio Pilli-Sihvola	-	15.08.1965 (61)	Supervisory-board member	05.08.2025	-
Timo Tapio Rissanen	-	05.01.1979 (47)	Supervisory-board member	07.10.2022	-
Metsäliitto Osuuskunta	-	-	Founder	08.07.2016	-
KPMG Baltics OÜ	10096082	22.11.1996 (29)	Audit firm	08.07.2016	-

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Ultimate beneficial owners

	Personal ID code
Eija Irene Pitkänen	-	23.04.1961 (65)	Member of higher governing body (board or supervisory board)	01.08.2024	-
Teuvo Jaakko Sakari Hatva	-	02.08.1968 (58)	Member of higher governing body (board or supervisory board)	01.08.2024	-
Jussi Henrikki Vanhanen	-	15.12.1971 (54)	Member of higher governing body (board or supervisory board)	12.07.2022	-
Nina Sisko Anneli Pärssinen	-	17.04.1961 (65)	Member of higher governing body (board or supervisory board)	12.07.2022	-
Taavi Kalevi Heikkilä	-	04.09.1962 (64)	Member of higher governing body (board or supervisory board)	12.07.2022	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 16 645 462 €
Monthly average: 5 548 487 €
Per employee: 27 198 €
Equity ratio: 187,45%

Labour taxes

Turnover ratio: 4,53%
Tax ratio: 30,50%
Monthly average: 251 094 €
Per employee: 1 216 €

State taxes

Monthly average: 823 337 €
Turnover ratio: 14,84%

Estimated salary

Gross salary: 2 266 €
Net salary: 1 858 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	19 808 920 €+15,1%	17 210 836 €+31,8%	13 058 713 €−15,1%	15 379 456 €+68,3%	9 137 270 €+9,9%	8 311 786 €−5,4%	8 787 108 €
Non-current assets	41 854 884 €−5,1%	44 121 384 €−1,9%	44 988 012 €−4,0%	46 880 204 €−4,5%	49 103 800 €−2,1%	50 137 524 €−3,3%	51 869 304 €
Total assets	61 663 808 €+0,5%	61 332 220 €+5,7%	58 046 728 €−6,8%	62 259 660 €+6,9%	58 241 068 €−0,4%	58 449 312 €−3,6%	60 656 412 €
Short-term liabilities	30 226 358 €+362%	6 548 308 €+26,2%	5 190 437 €−87,4%	41 331 372 €+574%	6 127 834 €+56,3%	3 920 112 €+20,3%	3 259 890 €
Long-term liabilities	-	25 000 000 €	25 000 000 €−28,6%	-	35 000 000 €	35 000 000 €	35 000 000 €
Total liabilities	30 226 358 €−4,2%	31 548 308 €+4,5%	30 190 437 €−27,0%	41 331 372 €+0,5%	41 127 834 €+5,7%	38 920 112 €+1,7%	38 259 890 €
Share or stock capital	2 960 000 €	2 960 000 €+48,0%	2 000 000 €	2 000 000 €	2 000 000 €	2 000 000 €	2 000 000 €
Retained earnings	15 948 230 €+10,9%	14 379 718 €+259%	-9 071 711 €+29,6%	-12 886 765 €−23,1%	-10 470 801 €−37,7%	-7 603 479 €−163%	-2 885 763 €
Net profit	1 653 536 €+5,4%	1 568 512 €−77,4%	6 928 000 €+81,6%	3 815 054 €+258%	-2 415 964 €+15,7%	-2 867 322 €+39,2%	-4 717 716 €
Equity	31 437 448 €+5,6%	29 783 912 €+6,9%	27 856 288 €+33,1%	20 928 288 €+22,3%	17 113 236 €−12,4%	19 529 200 €−12,8%	22 396 520 €
Turnover	55 907 008 €	55 885 592 €−6,8%	59 982 140 €+13,4%	52 886 204 €+42,1%	37 211 580 €+20,9%	30 766 336 €+21,9%	25 236 344 €
Profit margin	3,0%	2,8%	11,6%	7,2%	-6,5%	-9,3%	-18,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	7 545 192 €	1 070 932 €
Liquidity
Current ratio	0,4	1,5
Quick ratio	0,2	0,7
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	38,3	35,0
Asset turnover	0,9	0,6
Structure
Debt ratio	0,7	0,7
Profitability
Operating margin	8,3%	-5,1%
Net profit margin	7,2%	-6,5%
Return on assets (roa)	6,3%	-4,1%
Return on equity (roe)	18,2%	-14,1%

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Licences & notices


License	SLM18/2385	Frequency licences	Valid	26.04.2018	25.04.2023

Regulations


Ä 50033819 / 24	25.09.2025	Entry – Amendment entry	-	Entered into force25.09.2025
Ä 50033819 / 23	14.02.2025	Entry – Amendment entry	-	Entered into force14.02.2025
Ä 50033819 / 22	31.12.2024	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force31.12.2024
Ä 50033819 / M3	24.10.2024	Directive order	31.10.2024	Entered into force24.10.2024
Ä 50033819 / 21	10.10.2024	Negative entry order – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force05.11.2024

Real estate

		Purpose
Kase tn 17, Pärnu linn, Pärnu linn, Pärnu maakond	104 476 m²	Industrial land 100%
Lille tn 55, Pärnu linn, Pärnu linn, Pärnu maakondSpace: 42	3730 m²	Residential land 100%
Lille tn 55, Pärnu linn, Pärnu linn, Pärnu maakondSpace: 44	3730 m²	Residential 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


Notice of company merger	31.12.2024	PDF
Notice of conclusion of a public limited company merger agreement	18.10.2024	PDF
Notice of conclusion of a public limited company merger agreement	18.10.2024	PDF
Notice of conclusion of a public limited company merger agreement	16.06.2024	PDF
Notice of conclusion of a public limited company merger agreement	14.06.2024	PDF

Public transactions


14.04.2025	Võrumaa Haridus- ja Tehnoloogiakeskus	630 €Received	OPERATING EXPENSESVocational education
14.11.2024	Eesti Töötukassa	600 €Received	OTHER GRANTSSocial protection of the unemployed
15.10.2024	Eesti Töötukassa	600 €Received	OTHER GRANTSSocial protection of the unemployed
13.09.2024	Eesti Töötukassa	600 €Received	OTHER GRANTSSocial protection of the unemployed
14.08.2024	Eesti Töötukassa	249,69 €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


15.01.2026	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	150 €	241642/2600040
27.03.2024	Riigi Tugiteenuste KeskusAid measure 231489	Regionaalareng (VTA) › MuuGrant	510 €	231489/2400075
02.10.2023	Eesti TöötukassaAid measure 221265	Palgatoetus VTA › Palgatoetus VTAGrant	600 €	221265/2300515
02.10.2023	Eesti TöötukassaAid measure 221265	Palgatoetus VTA › Palgatoetus VTAGrant	6 613,92 €	221265/2400564
23.05.2023	Riigi Tugiteenuste KeskusAid measure 16562	Regionaalareng (VTA) › MuuGrant	500 €	16562/2300403

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.