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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·11+ years
Andmed · ···
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Overview

e-Business Register · 7 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
  • Activity licences
  • Recent registrations

Data

  • 79 sources
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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 17 sourcese-Business Register · 9 min agoMTAMTRRiigi Teataja · RiigikohusEUIPOBuiltWithWeb 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 II kv
1 353 004 €
▼ 7% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
40
2026 (MTA)
Taxes paid
207 860 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 09.08.2026 (MTA)
Revenue 2026 (I-II kv)
1,9m €
▼ 7% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
40
2026 (MTA)
Taxes paid
431k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 09.08.2026 (MTA)

Officers (4)

e-Business Register · 7 h ago
LT
Lauri Tuulberg
Born 1984 · 42 y · board member since 10.08.2015
Board member
MT
Maiken Tops
Born 1964 · 62 y · supervisory board member since 22.08.2024
Supervisory board member
AT
Aivar Tuulberg
Born 1962 · 64 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 · 7 h ago
A"
aktsiaselts "RAND & TUULBERG GRUPP"LEGAL PERSON
Legal person · 10164518 · founder since 24.07.2015
Founder · 25k €

Shareholders

e-Business Register · 7 h ago
A"
aktsiaselts "RAND & TUULBERG GRUPP"LEGAL PERSON
Legal person · 10164518 · shareholder since 17.12.2025
Shareholder 90% · 22k €

Other persons (2)

e-Business Register · 7 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 (7)

e-Business Register · annual reports · 4 päeva tagasi
Revenue 2025
7,4m €
↗ +348% vs 2024
State taxes 2025
251k €
↘ -20.7% vs 2024
Employees 2025
34
↗ +30.8% vs 2024
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 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 · 6 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 · 5 päeva tagasi
Domains (2)
www.welement.ee
SRCÄriregister
welement.ee
SPF
MXMicrosoft 365
NSZone.ee
REGZone Media OÜ
SRCEIS WHOIS
Detected technologies

Court rulings (1 · 1 as claimant)

Riigi Teataja
20251 decision
04.12.20252-24-7662/28
Võlaõigus › VõõrandamislepingudTartu Maakohus Tartu kohtumajaOther parties: Advokaadibüroo TEGOS ASDecision PDF →On Riigi Teataja →On lahend.ee →
HagejaJõustunud

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 · 10 päeva tagasi
welement
3 classes · figurative · 16.05.2023 · 018875465
Registered

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
30.06.2026ReportEsitati 2025. aasta aruanne— Käive 7 420 396 €
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

Connected companies

Same-person ties · e-Business Register

WELEMENT AS is connected to 33 other companies through 4 people who hold a role here and elsewhere. The strongest tie runs through Raivo Rand (13 companies).

Total connections
33
via 4 people
Connecting people
4
Active here
Distinct roles
2
Board member · Supervisory board member
Strongest tie
Raivo
13 companies
Via personRaivo Rand
Equity
Assets
Employees
2025AUD7 420 396 €658 128 €4,0m €6,0m €3430.06.2026
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-II Q1 882 730 €134 760 €296 026 €40
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 €1,4m €––
State taxes 202666k €69k €––
Taxes on workforce 2026157k €139k €––
Employees 20263640––
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
30.06.2025
ReportEsitati 2024. aasta aruanne— Käive 1 656 434 €
06.03.2025OfficerAstus nõukogusse— Raivo Rand
2024
22.08.2024OfficerAstus nõukogusse2×expand ›hide ⌃
  • Maiken Tops
  • Aivar Tuulberg
13
Aivar Tuulberg12
Lauri Tuulberg6
Maiken Tops2
RR
Raivo Rand
supervisory board member
13 other companies›
CompanyRoleReg. code
aktsiaselts "BARCLAY HOTELL"
Supervisory board member
10164932
aktsiaselts "COLUMBIA-KIVI"
Supervisory board member
10183036
aktsiaselts "RAND & TUULBERG GRUPP"
Board memberFounder
10164518
aktsiaselts C.H.P.
Supervisory board member
10135416
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Supervisory board member
10086190
aktsiaselts VALLIKRAAVI KINNISVARA
FounderSupervisory board member
10051688
AS HEARUM
Supervisory board member
10300192
AS Muuga Betoonelement
Supervisory board member
11231808
Eesti Jalgratturite Liit
Board member
80057497
Eesti Olümpiakomitee
Board member
80059467
Pargi 28 hotell OÜ
Shareholder 20%Founder
16981282
Rettingen OÜ
Shareholder 33%
17417052
RTG Spordiklubi
FounderBoard member
80418966
AT
Aivar Tuulberg
supervisory board member
12 other companies›
CompanyRoleReg. code
aktsiaselts "BARCLAY HOTELL"
Supervisory board memberShareholder 11%
10164932
aktsiaselts "RAND & TUULBERG GRUPP"
FounderSupervisory board member
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
Shareholder 50%
10164518
aktsiaselts C.H.P.
Supervisory board memberShareholder 33%
10135416
aktsiaselts EHITUSFIRMA RAND JA TUULBERG
Supervisory board member
10086190
Aktsiaselts Tallinna Olümpiapurjespordikeskus
Supervisory board member
10257237
aktsiaselts VALLIKRAAVI KINNISVARA
FounderSupervisory board memberShareholder 50%
10051688
AS HEARUM
Supervisory board member
10300192
AS Muuga Betoonelement
Supervisory board member
11231808
AT Developments OÜ
Board memberShareholder 100%Founder
12728907
osaühing Tomladen
Board member
10636667
Pargi 28 hotell OÜ
Shareholder 20%Founder
16981282
Rettingen OÜ
Shareholder 33%
17417052
Supervisory board member
10051688
Consultor OÜ
Board memberShareholder 100%Founder
12752018
Eesti Puitmajaliit
Board member
80103116
Welcon OÜ
Shareholder 33%FounderBoard member
16140714

Documents (3)

dokumendiregister.ee
  • 04.06.2026Vastus pöördumisele· Väljaminev kiriKaitseressursside Amet
  • 02.06.2026Taotlus· Sissetulev kiriKaitseressursside Amet
  • 08.05.2026Pöördumine· Sissetulev kiriKaitseressursside Amet

Analysis · 2025

computed from annual reports
Revenue7,4m €median 212k €35.0× the sector median
Net margin8.9%median 1.1%+7.8 pp vs sector median
Revenue per employee218k €median 84k €2.6× the sector median
Revenue change348.0%median 10.1%+337.8 pp vs sector median
Equity ratio67.6%
Current ratio0.89current assets cover under 1× liabilities
Labour cost of revenue17.0%
Profit per employee19 357 €
Compared with2024revenue 1,7m €

Peer group: Kokkupandavate puitehitiste ja nende elementide tootmine, 211 trading companies that filed a report in the last three years.

Founded 2015. That year 21 aktsiaselts were registered; 18 are still trading, or 85.7%.