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Search›Companies›WELEMENT AS
12892498ActivePublic limited companyEE101810982 · VAT-registered

WELEMENT AS

Tartu maakond, Tartu linn, Tartu linn, Klaasi tn 14·EMTAK 16231 — Manufacture of prefabricated wooden buildings or elements thereof·10+ years
Andmed · ···
On this page
SanctionsOverviewOfficersShareholdersFoundersBeneficial ownersOther rolesForeign parentSubsidiariesFinancialsTax filingsPledgesPledges as creditorLicencesNoticesTech stackCourt rulingsTVK decisionsBlacklistLabour inspectorateHazardous facilityDPA decisionsTax-deductibleEU lobby registerTrademarksPatentsReal estateVehiclesGrantsProcurementsState paymentsActivityConnected companies
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Overview

e-Business Register · 3 h ago
Registry code
e-Business Register
Legal form
Public limited company
Registered
10.08.2015e-Business Register
Address
Klaasi tn 14, Tartu linn, Tartu linn, 50409 Tartu maakondADS · e-Business Register
E-mail address
info@welement.eee-Business Register
Website
www.welement.eee-Business Register · domain active
Telephone
+372 53334302· Telia Eesti ASe-Business Register · TTJA NBA
Principal activity
EMTAK 16231 - Manufacture of prefabricated wooden buildings or elements thereofe-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
25 000,00 €e-Business Register
LEI
984500A03AE9A9A56J79 · issued 12.02.2024GLEIF
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Recent registrations

Data

  • 72 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • For journalists
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 17 sourcese-Business Register · 1 min agoMTAMTREUIPOBuiltWithWeb tech scanEesti InternetGLEIFTööinspektsioon
e-Business Register ↗

Registered 10. august 2015, primary activity: Manufacture of prefabricated wooden buildings or elements thereof. Main place of business in Tartu linn, Tartu linn, Tartu maakond.

Revenue 2026 (I kv)
529 726 €
▼ 6% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
36
2026 (MTA)
Taxes paid
222 926 €
State + labour taxes · 2026 (I kv)
Tax debt
0 €
As of 25.06.2026 (MTA)
Revenue 2026 (I kv)
530k €
▼ 6% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
36
2026 (MTA)
Taxes paid
223k €
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 25.06.2026 (MTA)

Officers (4)

e-Business Register · 3 h ago
LT
Lauri Tuulberg
Born 1984 · 42 y · board member since 10.08.2015
Board member
AT
Aivar Tuulberg
Born 1962 · 64 y · supervisory board member since 22.08.2024
Supervisory board member
MT
Maiken Tops
Born 1964 · 62 y · supervisory board member since 22.08.2024
Supervisory board member
RR
Raivo Rand
· supervisory board member since 06.03.2025
Supervisory board member

Founders

e-Business Register · 3 h ago
A"
aktsiaselts "RAND & TUULBERG GRUPP"LEGAL PERSON
Legal person · 10164518 · founder since 24.07.2015
Founder · 25k €

Shareholders

e-Business Register · 3 h ago
A"
aktsiaselts "RAND & TUULBERG GRUPP"LEGAL PERSON
Legal person · 10164518 · shareholder since 17.12.2025
Shareholder 90% · 22k €

Beneficial owners (2)

e-Business Register · 3 h ago
AT
Aivar Tuulberg
Born 1962 · 64 y · ultimate beneficial owner since 17.10.2018
Ultimate beneficial owner
RR
Raivo Rand
· ultimate beneficial owner since 17.10.2018
Ultimate beneficial owner

Other persons (2)

e-Business Register · 3 h ago
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares
OE
OÜ E-AuditLEGAL PERSON
Legal person · 10241762 · auditor since 25.11.2022
Auditor

Annual reports (6)

e-Business Register · annual reports · 5 päeva tagasi
Revenue 2024
1,7m €
↘ -63.8% vs 2023
State taxes 2025
251k €
↘ -20.7% vs 2024
Employees 2024
26
↘ -13.3% vs 2023
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
5,0m €2,5m €0

Commercial pledges (2 · 800k €)

Business Register · pledges
AS LHV Pank
10539549 · 2 pledge(s) · all active
800k €
#1
Rank esimene
From 17.08.2022
500 000,00 €
Active
#2
Rank teine
From 21.11.2025
300 000,00 €
Active

Licences (2)

MTR · 2 h tagasi
Active licences
2
Other2
Oldest · Newest
2017→2019
Oldest licenceEEP003765 · 04.01.2017
Newest licenceEEH011299 · 25.07.2019
Active2 / 2
EEH011299
Ehitamine
Majandustegevusteade
From25.07.2019
UntilOpen-ended
Valid

Tech stack

Website analysis · 1 päeva tagasi
Domains (2)
www.welement.ee
SRCÄriregister
welement.ee
SPF
MXMicrosoft 365
NSZone.ee
REGZone Media OÜ
SRCEIS WHOIS
Detected technologies

Labour Inspectorate (5 act(s))

opendata.ti.ee

Enforcement cases· 1 case · 5 acts

3-1/24/283306.12.2024
5 acts
Ettekirjutus5 acts · 06.12.2024
—
Show every act (5)+
202406.12.2024
Content access is restricted.
3-1/24/2833-1-5 · Ettekirjutus
Violation
—
No fine

Trademarks (1)

EUIPO · 8 päeva tagasi
welement
3 classes · figurative · 16.05.2023 · 018875465
Registered

History

last 2 years · MTA + ÄR + MTR + Procurements
2025
17.12.2025OfficerSai rolli (aktsionär)— aktsiaselts "RAND & TUULBERG GRUPP" · · 90 %
21.11.2025FilingKommertspandi avamiskanne2×expand ›hide ⌃
  • K 50012493 / 13 · Olek: Jõustunud
  • Kanne nr 2 · kanne
30.06.2025ReportEsitati 2024. aasta aruanne— Käive 1 656 434 €
06.03.2025Astus nõukogusse

Connected companies

Same-person ties · e-Business Register

WELEMENT AS is connected to 49 other companies through 4 people who hold a role here and elsewhere. The strongest tie runs through Raivo Rand (21 companies).

Total connections
49
via 4 people
Connecting people
4
Active here
Distinct roles
3
Board member · Ultimate beneficial owner
Strongest tie
Raivo
21 companies
Via personRaivo Rand
Equity
Assets
Employees
2024AUD1 656 434 €−1 451 646 €3,4m €5,0m €2630.06.2025
2023AUD4 571 374 €57 549 €655k €5,7m €3001.07.2024
2022AUD5 727 657 €220 082 €598k €6,2m €3630.06.2023
2021AUD4 440 473 €4187 €378k €5,9m €3430.06.2022
2020AUD4 209 682 €−420 282 €-1,6m €5,6m €3430.06.2021
2019AUD4 168 383 €−98 300 €-1,2m €6,4m €3730.06.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q529 726 €65 656 €157 270 €36
20254 464 184 €251 108 €518 672 €40
20241 665 148 €316 498 €413 986 €24
20233 907 947 €129 470 €421 027 €28
20225 493 551 €29 316 €383 640 €35
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026530k €–––
State taxes 202666k €–––
Taxes on workforce 2026157k €–––
Employees 202636–––
Revenue 2025565k €1,5m €1,5m €942k €
State taxes 202550k €117k €84k €0 €
Taxes on workforce 2025102k €120k €135k €161k €
Employees 202528323640
Revenue 2024647k €503k €150k €365k €
State taxes 202472k €150k €34k €61k €
Taxes on workforce 2024109k €106k €100k €99k €
Employees 202427262424
Revenue 2023945k €1,1m €623k €1,2m €
State taxes 202325k €86k €11k €7k €
Taxes on workforce 2023112k €103k €101k €105k €
Employees 202336292728
Revenue 2022829k €588k €2,1m €2,0m €
State taxes 202229k €0 €0 €0 €
Taxes on workforce 202289k €77k €101k €116k €
Employees 202232343735
EEP003765
Projekteerimine
Majandustegevusteade
From04.01.2017
UntilOpen-ended
Valid
AnalyticsGoogle Analytics · Plausible
Web serverApache
UI frameworkTailwind CSS
OtherOpen Graph
Mobile carrier
+372 53334302Telia Eesti AS
202406.12.2024
Content access is restricted.
3-1/24/2833-1-4 · Ettekirjutus
Violation
—
No fine
202406.12.2024
Content access is restricted.
3-1/24/2833-1-3 · Ettekirjutus
Violation
—
No fine
202406.12.2024
Content access is restricted.
3-1/24/2833-1-2 · Ettekirjutus
Violation
—
No fine
202406.12.2024
Content access is restricted.
3-1/24/2833-1-1 · Ettekirjutus
Violation
—
No fine
Officer
— Raivo Rand
2024
22.08.2024OfficerAstus nõukogusse2×expand ›hide ⌃
  • Maiken Tops
  • Aivar Tuulberg
01.07.2024ReportEsitati 2023. aasta aruanne— Käive 4 571 374 €
21
Aivar Tuulberg20
Lauri Tuulberg6
Maiken Tops2
RR
Raivo Rand
ultimate beneficial owner, supervisory board member
21 other companies›
CompanyRoleReg. code
123 Kinnisvarahalduse OÜ
Ultimate beneficial owner
12459531
aktsiaselts "BARCLAY HOTELL"
Supervisory board memberUltimate beneficial owner
10164932
aktsiaselts "COLUMBIA-KIVI"
Supervisory board memberUltimate beneficial owner
10183036
aktsiaselts "RAND & TUULBERG GRUPP"
FounderUltimate beneficial ownerBoard member
10164518
aktsiaselts C.H.P.
Supervisory board memberUltimate beneficial owner
10135416
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Supervisory board memberUltimate beneficial owner
10086190
Aktsiaselts Tallinna Olümpiapurjespordikeskus
Ultimate beneficial owner
10257237
aktsiaselts VALLIKRAAVI KINNISVARA
FounderSupervisory board memberUltimate beneficial owner
10051688
AS HEARUM
Supervisory board memberUltimate beneficial owner
10300192
AS Muuga Betoonelement
Supervisory board memberUltimate beneficial owner
11231808
Eesti Jalgratturite Liit
Board memberUltimate beneficial owner
80057497
Eesti Olümpiakomitee
Board memberUltimate beneficial owner
80059467
Kvintett Kinnisvara OÜ
Ultimate beneficial owner
11204214
Osaühing Masterlan
Ultimate beneficial owner
10703458
OÜ ITP Arendusprojekt
Ultimate beneficial owner
12728296
OÜ Ülemiste Ärimaja
Ultimate beneficial owner
10716254
… and 5 more · see on the person page ↗
AT
Aivar Tuulberg
ultimate beneficial owner, supervisory board member
20 other companies›
CompanyRoleReg. code
123 Kinnisvarahalduse OÜ
Ultimate beneficial owner
12459531
aktsiaselts "BARCLAY HOTELL"
Supervisory board memberUltimate beneficial ownerShareholder 11%
LT
Lauri Tuulberg
board member
6 other companies›
CompanyRoleReg. code
aktsiaselts "RAND & TUULBERG GRUPP"
Supervisory board member
10164518
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Supervisory board member
10086190
aktsiaselts VALLIKRAAVI KINNISVARA
MT
Maiken Tops
supervisory board member
2 other companies›
CompanyRoleReg. code
aktsiaselts "COLUMBIA-KIVI"
Supervisory board member
10183036
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Board member
10086190
10164932
aktsiaselts "COLUMBIA-KIVI"
Ultimate beneficial owner
10183036
aktsiaselts "RAND & TUULBERG GRUPP"
FounderSupervisory board memberUltimate beneficial ownerShareholder 50%
10164518
aktsiaselts C.H.P.
Supervisory board memberUltimate beneficial ownerShareholder 33%
10135416
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Supervisory board memberUltimate beneficial owner
10086190
Aktsiaselts Tallinna Olümpiapurjespordikeskus
Supervisory board memberUltimate beneficial owner
10257237
aktsiaselts VALLIKRAAVI KINNISVARA
FounderSupervisory board memberUltimate beneficial ownerShareholder 50%
10051688
AS HEARUM
Supervisory board memberUltimate beneficial owner
10300192
AS Muuga Betoonelement
Supervisory board memberUltimate beneficial owner
11231808
AT Developments OÜ
FounderShareholder 100%Ultimate beneficial ownerBoard member
12728907
Kvintett Kinnisvara OÜ
Ultimate beneficial owner
11204214
Osaühing Masterlan
Ultimate beneficial owner
10703458
osaühing Tomladen
Board member
10636667
OÜ ITP Arendusprojekt
Ultimate beneficial owner
12728296
OÜ Ülemiste Ärimaja
Ultimate beneficial owner
10716254
… and 4 more · see on the person page ↗
Supervisory board member
10051688
Consultor OÜ
FounderShareholder 100%Board memberUltimate beneficial owner
12752018
Eesti Puitmajaliit
Board memberUltimate beneficial owner
80103116
Welcon OÜ
Board memberFounderUltimate beneficial ownerShareholder 33%
16140714