11386190ActivePrivate limited companyVAT-registered

Innovative Water Systems OÜ

Registered 9. mai 2007, primary activity: Manufacture of plastic plates, sheets, tubes and profiles. Main place of business in Rae vald.

Rae valdEMTAK 22211 — Manufacture of plastic plates, sheets, tubes and profiles19+ years
Updated 4 h ago
e-Business Register
Revenue 2026 (I kv)
€1.6m
▼ 12% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
37
2026 (MTA)
Taxes paid
€494k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 12.05.2026 (MTA)

Overview

e-Business Register · 4 h ago
Legal form
Private limited company
Date of first registration
09.05.2007e-Business Register
Address
Aruküla tee 65, Jüri alevik, Rae vald, 75301 Harju maakondADS · e-Business Register
Telephone
+372 5289085e-Business Register
Principal activity
EMTAK 22211 — Manufacture of plastic plates, sheets, tubes and profilese-Business Register · ETCB
VAT number
EE101153225ETCB · VAT-registered
Share capital
10 000,00 €e-Business Register

Officers (3)

e-Business Register · 4 h ago
MS
Marek Somelar
Born 1978 · 48 y · board member since 23.05.2007
Board member
JK
Jorma Karolin
Born 1976 · 50 y · board member since 04.02.2011
Board member
MA
Margus Aiaots
Born 1976 · 50 y · board member since 22.04.2015
Board member

Founders

e-Business Register · 4 h ago
OE
Osaühing EuroConsultFOREIGN
Foreign / not in register · founder since 09.05.2007
Founder

Shareholders (3)

e-Business Register · 4 h ago
BO
Baltcom OÜLEGAL PERSON
Legal person · 16136322 · shareholder since 12.08.2025
Shareholder 36% · €4k
OO
OneGroup OÜLEGAL PERSON
Legal person · 16136535 · shareholder since 12.08.2025
Shareholder 32% · €3k
CO
Caelum OÜLEGAL PERSON
Legal person · 12606357 · shareholder since 12.08.2025
Shareholder 32% · €3k

Beneficial owners (3)

e-Business Register · 4 h ago
JK
Jorma Karolin
Born 1976 · 50 y · ultimate beneficial owner since 13.09.2018
Ultimate beneficial owner
MS
Marek Somelar
Born 1978 · 48 y · ultimate beneficial owner since 13.09.2018
Ultimate beneficial owner
MA
Margus Aiaots
Born 1976 · 50 y · ultimate beneficial owner since 13.09.2018
Ultimate beneficial owner

Subsidiaries

e-Business Register · shareholders · 4 h ago

Innovative Water Systems OÜ is a shareholder or officer in 1 more company.

OneWood OÜ
Founder

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
Revenue · 2019–2024
€7.2mlatest
€10.0m€5.0m0
2019: €4.9m2020: €5.4m2021: €6.6m2022: €7.7m2023: €6.9m2024: €7.2m
201920222024
Profit · 2019–2024
€203klatest
€1.0m€500k−1 €
2019: €441k2020: €554k2021: €595k2022: €534k2023: €514k2024: €203k
201920222024
YearRevenueProfitEquityAssetsEmployees
2024AUD7 156 650 €203 256 €2 187 119 €€3.5m3002.04.2025
2023AUD6 884 862 €514 488 €2 280 642 €€3.2m2817.07.2024
2022AUD7 679 737 €534 459 €2 059 587 €€3.2m2720.06.2023
2021AUD6 573 971 €594 770 €1 783 468 €€3.1m2516.06.2022
2020AUD5 408 538 €553 954 €1 356 015 €€2.3m2602.09.2021
2019AUD4 874 357 €440 888 €952 080 €€1.7m2507.08.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
€5.0m€2.5m0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q1 591 570 €298 664 €195 319 €37
20259 350 674 €742 747 €609 943 €36
202411 047 742 €586 133 €542 060 €30
20238 120 110 €492 954 €428 042 €29
20229 398 043 €429 468 €378 409 €27
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€1.6m———
State taxes 2026€299k———
Taxes on workforce 2026€195k———
Employees 202637———
Revenue 2025€1.8m€2.8m€2.4m€2.3m
State taxes 2025€174k€175k€222k€171k
Taxes on workforce 2025€144k€152k€154k€160k
Employees 202533323636
Revenue 2024€4.5m€2.4m€2.1m€2.0m
State taxes 2024€174k€138k€151k€122k
Taxes on workforce 2024€156k€124k€132k€130k
Employees 202430313030
Revenue 2023€1.6m€2.0m€2.2m€2.3m
State taxes 2023€133k€96k€144k€120k
Taxes on workforce 2023€110k€101k€108k€109k
Employees 202328282829
Revenue 2022€1.8m€2.7m€2.2m€2.7m
State taxes 2022€127k€84k€120k€99k
Taxes on workforce 2022€95k€89k€98k€97k
Employees 202226272727

Commercial pledges (2 · €335k)

Business Register · pledges
#1
200 000,00 € EUR
Pledge holder: AS SEB Pank
Rank: esimene · From 31.01.2019 · active
Active
#2
135 000,00 € EUR
Pledge holder: AS SEB Pank
Rank: teine · From 26.10.2020 · active
Active

Licences (1)

Majandustegevuse register · 6 h tagasi
Elektritööd
MajandustegevusteadeTEL001795from 26.09.2011
Valid

Grants (9 · €927k)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
IWS arenguprogramm 2024 (II etapp)
EISEttevõtte arenguprogrammEuroopa Regionaalarengu fond (ERDF)2026
250 425 €
IWSi arendustöötaja toetus 2025
EISEttevõtja teadus- ja arendustöötaja toetus 2025Riigieelarve (RE)2026
2314 €
IWS arenguprogramm 2024
EISEttevõtte arenguprogrammEuroopa Regionaalarengu fond (ERDF)2024
313 245 €
IWS arenguprogramm (II etapp)
EISEttevõtte arenguprogrammEuroopa Regionaalarengu fond (ERDF)2021
125 090 €
SSS pumpla tehnilise lahenduse välja töötamine
EISInnovatsiooniosak. ArendusosakEuroopa Regionaalarengu fond (ERDF)2021
12 768 €
IWS arenguprogramm
EISEttevõtte arenguprogrammEuroopa Regionaalarengu fond (ERDF)2020
142 538 €
Show remaining (3)
IWS plastjäätmete töötlemise liin
KohesioÜhtekuuluvuspoliitika fond (ERDF)European Regional Development Fund2020
63 000 €
IWS - Nordic Polymark INSTA SBC EN 13476
EISInnovatsiooniosak. ArendusosakEuroopa Regionaalarengu fond (ERDF)2018
4000 €
Modifitseeritud materjali väljatöötamine HDPE baasil spiraaltorudele
EISInnovatsiooniosak. ArendusosakEuroopa Regionaalarengu fond (ERDF)2017
14 000 €

History (35)

e-Business Register · entries
24.07.2025
Amending entry
Entry no. 12
24.07.2025
Amending entry
Ä 10108882 / 15 · Status: In force
01.09.2023
Amending entry
Entry no. 11
01.09.2023
Amending entry
Ä 10108882 / 14 · Status: In force
28.04.2022
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 10
Show 30 more events
28.04.2022
Amending entry (ÄS § 525 lg 2 alusel)
Ä 10108882 / 13 · Status: In force
26.10.2020
Kommertspandi avamiskanne
Entry no. 2
26.10.2020
Kommertspandi avamiskanne
K 10108882 / 12 · Status: In force
31.01.2019
Kommertspandi avamiskanne
Entry no. 1
31.01.2019
Kommertspandi avamiskanne
K 10108882 / 11 · Status: In force
10.04.2018
Amending entry
Ä 10108882 / M6 · Status: In force
28.03.2018
Amending entry
Entry no. 9
28.03.2018
Amending entry
Ä 10108882 / 10 · Status: In force
19.03.2018
Amending entry
Ä 10108882 / 9 · Status: In force
01.03.2018
Amending entry
Ä 10108882 / M5 · Status: In force
17.01.2018
Amending entry
Entry no. 8
17.01.2018
Amending entry
Ä 10108882 / 8 · Status: In force
30.11.2017
Amending entry
Entry no. 7
30.11.2017
Amending entry
Ä 10108882 / 7 · Status: In force
01.09.2016
Amending entry
Entry no. 6
01.09.2016
Amending entry
Ä 10108882 / 6 · Status: In force
22.04.2015
Amending entry
Entry no. 5
22.04.2015
Amending entry
Ä 10108882 / 5 · Status: In force
19.02.2015
Lõivu tagastamise määrus (NAP)
Ä 10108882 / M4 · Status: In force
26.01.2015
Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks
Ä 10108882 / M3 · Status: Puudused kõrvaldatud
27.02.2012
Toimiku dokumentide kontroll
Ä 10108882 / M2 · Status: Puudused kõrvaldatud
04.02.2011
Amending entry
Entry no. 4
04.02.2011
Amending entry
Ä 10108882 / 4 · Status: In force
30.10.2009
Amending entry
Entry no. 3
30.10.2009
Amending entry
Ä 108882 / 3 · Status: In force
08.10.2009
Täiendav toimiku dokumentide kontroll
Ä 108882 / M1 · Status: In force
23.05.2007
Amending entry
Entry no. 2
23.05.2007
Amending entry
Ä 108882 / 2 · Status: In force
09.05.2007
First entry
Entry no. 1
09.05.2007
First entry
Ä 108882 · Status: In force

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Via the same person

Persons connected to this company also hold roles in 10 other companies.