Weldex Group OÜ

Legal form:: Private limited company
Registry code:: 14189484
VAT no.:: EE102029743
Fiscal-year period:: 01.01 - 31.12
Established:: 23.01.2017 (9 y)
Former business names:: F.M Welding OÜ
Capital:: 2 500 EUR
Address:: Tornimäe tn 5, Kesklinna linnaosa, Tallinn, Harju maakond, 10145
Status:: Registered
LEI code:: 984500DZ7BDB3D1AAA11

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Contacts

Phone:: +372 56906471
Email:: info@weldex.ee
Website:: www.weldex.ee

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Industries

CONSTRUCTION
Specialised construction activities
Other specialised construction activities
Other specialised construction activities n.e.c.
43999 – Other specialised construction activities

VAT liability

VAT no.	Start	End
EE102029743	04.12.2017	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	01.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	18.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	21.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	14.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	11.08.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	10.04.2019	Valid	PDF
2017	23.01.2017 – 31.12.2017	22.05.2018	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 10.10.2026.

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Tax debt Reports1 Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses2 Regulations11 Public transactions–Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	104 775 €	50 116 €	574 945 €+86,5%	27
2026 Q2	35 545 €	22 163 €	308 248 €+112%	19
2026 Q1	1 343 €	5 726 €	145 632 €−52,8%	15
Total 2026:	141 663 €	78 005 €	1,03 M €
2025 Q4	28 180 €	11 988 €	308 804 €+77,5%	12
2025 Q3	31 564 €	6 601 €	173 975 €+174%	11
2025 Q2	6 538 €	4 522 €	63 583 €−56,2%	2
2025 Q1	20 932 €	10 035 €	145 203 €−7,6%	5
Total 2025:	87 214 €	33 146 €	691 565 €
2024 Q4	23 146 €	12 233 €	157 144 €−8,6%	5
2024 Q3	36 776 €	11 504 €	171 900 €+57,1%	6
2024 Q2	9 372 €	11 757 €	109 437 €−32,9%	7
2024 Q1	27 529 €	12 544 €	163 037 €+2,0%	5
Total 2024:	96 823 €	48 038 €	601 518 €
2023 Q4	22 389 €	9 130 €	159 852 €+68,5%	4
2023 Q3	22 063 €	11 749 €	94 860 €−32,6%	3
2023 Q2	24 869 €	9 860 €	140 659 €−13,2%	6
2023 Q1	31 665 €	2 697 €	162 062 €−28,3%	4
Total 2023:	100 986 €	33 436 €	557 433 €
2022 Q4	19 477 €	10 749 €	226 059 €+70,0%	1
2022 Q3	28 203 €	9 149 €	132 955 €+121%	4
2022 Q2	11 112 €	5 416 €	60 039 €+120%	4
2022 Q1	5 012 €	3 603 €	27 318 €−62,9%	3
Total 2022:	63 804 €	28 917 €	446 371 €
2021 Q4	9 992,86 €	2 925,60 €	73 578,97 €−44,4%	2
2021 Q3	13 617,76 €	3 013,31 €	132 307,89 €+502%	2
2021 Q2	2 834,42 €	873,40 €	21 961,31 €−52,2%	1
2021 Q1	5 883,07 €	3 647,74 €	45 973,71 €+10,3%	2
Total 2021:	32 328,11 €	10 460,05 €	273 821,88 €
2020 Q4	7 110,02 €	2 368,13 €	41 695,18 €+18,3%	2
2020 Q3	6 639,96 €	2 691,02 €	35 255,09 €+11,5%	2
2020 Q2	1 260,90 €	802,99 €	31 622,10 €+124%	1
2020 Q1	2 407 €	1 339 €	14 100 €−57,5%	1
Total 2020:	17 417,88 €	7 201,14 €	122 672,37 €
2019 Q4	3 346 €	670 €	33 148 €+49,0%	1
2019 Q3	2 313 €	707 €	22 245 €+209%	1
2019 Q2	3 309 €	3 072 €	7 198 €−54,8%	1
2019 Q1	2 852 €	1 943 €	15 933 €−65,1%	4
Total 2019:	11 820 €	6 392 €	78 524 €
2018 Q4	8 315 €	2 360 €	45 663 €+426%	2
2018 Q3	2 898 €	961 €	8 684 €−74,4%	1
2018 Q2	3 391 €	997 €	33 865 €+51,5%	4
2018 Q1	6 145 €	2 456 €	22 360 €+37,1%	4
Total 2018:	20 749 €	6 774 €	110 572 €
2017 Q4	547 €	587 €	16 310 €+303%	4
2017 Q3	407 €	441 €	4 051 €	1
2017 Q2	0 €	0 €	0 €	1
Total 2017:	954 €	1 028 €	20 361 €

Revenue by industry

	2022	2023	2024
Other specialised construction activities	472 783 €	518 532 €	613 470 €

Tax debts

No tax debt found

No tax debt as of 10.10.2026

Representatives

	Personal ID code
Fjodor Mihhailovski	39607XXXXXX	18.07.1996 (30)	Board member	23.01.2017	-

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Shareholders

	Personal ID code
Fjodor Mihhailovski	39607XXXXXX	18.07.1996 (30)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Fjodor Mihhailovski	39607XXXXXX	18.07.1996 (30)	Founder	20.01.2017	-

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Ultimate beneficial owners

	Personal ID code
Fjodor Mihhailovski	39607XXXXXX	18.07.1996 (30)	Member of higher governing body (board or supervisory board)	23.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 574 945 €
Monthly average: 191 648 €
Per employee: 7 098 €
Equity ratio: 7 665,93%

Labour taxes

Turnover ratio: 8,72%
Tax ratio: 47,83%
Monthly average: 16 705 €
Per employee: 726 €

State taxes

Monthly average: 34 925 €
Turnover ratio: 18,22%

Estimated salary

Gross salary: 1 431 €
Net salary: 1 230 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	120 438 €+11,7%	107 809 €+6,3%	101 462 €+91,5%	52 988 €+20,9%	43 824 €+109%	20 980 €
Non-current assets	14 557 €−37,6%	23 314 €+53,1%	15 227 €−3,6%	15 801 €+23,3%	12 819 €−20,7%	16 162 €
Total assets	134 995 €+3,0%	131 123 €+12,4%	116 689 €+69,6%	68 789 €+21,4%	56 643 €+52,5%	37 142 €
Short-term liabilities	49 190 €+35,0%	36 445 €−17,7%	44 280 €+147%	17 909 €+60,9%	11 128 €+303%	2 759 €
Long-term liabilities	-	-	-	-	11 325 €−16,6%	13 572 €
Total liabilities	49 190 €+35,0%	36 445 €−17,7%	44 280 €+147%	17 909 €−20,2%	22 453 €+37,5%	16 331 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	77 778 €+7,4%	72 409 €+42,3%	50 880 €+48,8%	34 190 €+64,3%	20 811 €+80,6%	11 521 €
Net profit	5 527 €−75,2%	22 269 €+3,4%	21 529 €+29,0%	16 690 €+24,7%	13 379 €+44,0%	9 290 €
Equity	85 805 €−9,4%	94 678 €+30,8%	72 409 €+42,3%	50 880 €+48,8%	34 190 €+64,3%	20 811 €
Turnover	613 470 €+18,3%	518 532 €+9,7%	472 783 €+88,1%	251 324 €+84,0%	136 554 €+73,8%	78 575 €
Profit margin	0,9%	4,3%	4,6%	6,6%	9,8%	11,8%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	3,0	3,9
Quick ratio	3,0	3,9
Cash ratio	2,6	3,8
Efficiency
Days sales outstanding (dso)	6,4	14,4
Asset turnover	4,0	2,9
Structure
Debt ratio	0,3	0,4
Profitability
Operating margin	6,8%	10,1%
Net profit margin	6,6%	9,8%
Return on assets (roa)	26,6%	28,5%
Return on equity (roe)	32,8%	39,1%

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Licences & notices


Notice of economic activity	TST000415	Pressure-equipment works	Valid	26.04.2024	-
Notice of economic activity	EEH012272	Construction	Valid	12.04.2021	-

Regulations


Ä 50049499 / M2	11.07.2024	Fine-warning order – annual report not filed	10.08.2024	Deficiencies remedied19.07.2024
Ä 50049499 / 9	25.01.2024	Entry – Amendment entry	-	Entered into force25.01.2024
Ä 50049499 / 8	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50049499 / 7	12.10.2020	Entry – Amendment entry	-	Entered into force12.10.2020
Ä 50049499 / 6	04.08.2020	Negative entry order – deficiencies not remedied – Amendment entry	-	Entered into force20.08.2020

Real estate

No real estate found

Company has no real estate

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

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


weldex.ee	Active	26.02.2020	27.02.2028

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.