ETENRU
RegisteredValga County
Registry code
10998092
VAT number
EE100878378
Address
Valga maakond, Tõrva vald, Möldre küla, Liimi/1, 68612
Registered
18.12.2003 · 22 yrs
Activity
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials 16281
Capital
9 588 €
Email
i•••@c•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.combiwood.ee
Business Register 06.10.2026
Sales revenue36,1 m €+4%2025 annual report
Profit3,6 m €2025 annual report
Employees176Tax Board 2026 Q2
Average gross salary2 013 €estimate, Tax Board 2026 Q2
Labour taxes per quarter542 k €Tax Board 2026 Q2
Cash6 796 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months42,5 m €+9%Tax Board, last 4 quarters
State taxes 12 months1,1 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 12,4 mln €
8,9 M9,4 M9,0 M11,7 M9,1 M11,0 M10,0 M12,4 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA → AA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 9% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

4 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Janek Antipin15 companiesno tax debtPersonal ID ↗21.09.2023
Priit Koha4 companiesno tax debtPersonal ID ↗11.01.2018
Ullabritt Murumaa11 companiesno tax debtPersonal ID ↗07.06.2024
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Shareholders 1
Omanikukonto: COMBIWOOD GRUPP OÜ100,0% 9 588 €16.08.2023
Beneficial owners 3
Janek Antipin15 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member21.03.2024
Priit Koha4 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member21.03.2024
Ullabritt Murumaa11 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member06.06.2024

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue2,2%
Labour taxes / revenue4,4%
Revenue per employee per month23 456 €
Gross salary (estimate)2 013 €
Net salary (estimate)1 667 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q212 384 984 €▲ 5%542 010 €272 371 €176
2026 Q110 042 856 €▲ 12%554 766 €124 863 €180
2025 Q411 005 205 €▲ 17%519 977 €94 194 €174
2025 Q39 107 106 €▲ 3%632 105 €600 610 €169
2025 Q211 744 379 €▲ 7%505 627 €208 436 €168
2025 Q18 999 353 €▼ 2%515 123 €1 192 954 €164
2024 Q49 374 005 €▼ 15%491 375 €466 643 €163
2024 Q38 854 445 €▼ 9%510 343 €498 739 €166
2024 Q210 969 669 €▼ 8%466 916 €441 203 €171
2024 Q19 195 224 €▼ 13%492 332 €1 217 796 €172
2023 Q411 071 543 €▲ 11%492 331 €215 394 €170
2023 Q39 684 765 €▼ 5%498 923 €472 028 €171
Show full history (18 quarters)
2023 Q211 971 743 €▼ 27%450 285 €943 310 €180
2023 Q110 585 198 €▼ 15%486 880 €2 167 174 €181
2022 Q49 987 449 €485 415 €460 602 €172
2022 Q310 219 438 €582 769 €553 512 €183
2022 Q216 505 112 €528 452 €199 087 €186
2022 Q112 404 760 €615 746 €582 824 €198

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue36,1 m €▲ 4%34,8 m €▼ 9%38,4 m €▼ 14%44,7 m €▼ 13%51,6 m €
Profit3,6 m €0%3,6 m €▲ 281%947 k €▼ 81%5,0 m €▼ 48%9,7 m €
Profit margin10,0%10,4%2,5%11,3%18,9%
Retained earnings26,0 m €▲ 11%23,4 m €▼ 13%26,8 m €▼ 6%28,6 m €▲ 7%26,6 m €
Cash6 796 €▲ 59%4 273 €▼ 100%9,8 m €▼ 13%11,2 m €▲ 545%1,7 m €
Current assets15,3 m €▲ 3%14,9 m €▼ 41%25,2 m €▼ 25%33,4 m €▲ 12%29,7 m €
Fixed assets19,6 m €▲ 1%19,4 m €▲ 66%11,7 m €▼ 6%12,5 m €▼ 22%16,0 m €
Assets34,9 m €▲ 2%34,3 m €▼ 7%36,9 m €▼ 20%45,9 m €0%45,8 m €
Current liabilities5,3 m €▼ 15%6,3 m €▲ 11%5,7 m €▼ 6%6,0 m €▼ 2%6,2 m €
Long-term liabilities0 €▼ 100%983 k €▼ 72%3,5 m €▼ 44%6,2 m €▲ 95%3,2 m €
Total liabilities5,3 m €▼ 27%7,3 m €▼ 21%9,1 m €▼ 25%12,2 m €▲ 31%9,4 m €
Equity29,6 m €▲ 10%27,0 m €▼ 3%27,7 m €▼ 18%33,6 m €▼ 8%36,4 m €
Labour costs-5,4 m €▼ 9%-4,9 m €0%-4,9 m €▲ 1%-5,0 m €▲ 16%-5,9 m €
Employees180▼ 2%184▲ 3%178▼ 4%186▼ 6%198
Filed30.06.202619.06.202517.07.202413.07.202309.11.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials main activity1628136 099 158 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

4 297 € makseid · 4 toetust

Transactions with state institutions

20254 297 €

Largest payers

MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUM4 297 €
All payments by month
MonthPayerTypeFieldAmount
10.2025MAJANDUS- JA KOMMUNIKATSIOONIMINISTEERIUMMuud toetusedTeadus- ja arendustegevus üldises majandus-, kaubandus- ja tööjõupoliitikas4 297 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Toetuse saanud projektid

ProjektMeedePerioodToetusVälja makstud
Elektrienergia tarbimise analüüs
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Innovatsiooniosakute toetusmeede27.08.2012 – 30.10.20124 000 €
OÜ Combiwood tootmistehnoloogia arendamine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Tööstusettevõtja tehnoloogiainvesteeringu toetus01.01.2009 – 30.06.2011308 182 €
Siseruumidesse mõeldud värvitud puit- ja MDF liistude tootmine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Ettevõtluse infrastruktuuri arendamine01.05.2006 – 01.04.2007183 552 €
Siseruumidesse mõeldud värvitud puit- ja MDF liistude tootmine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Ettevõtete arengu toetamine05.08.2005 – 30.12.20051 598 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

4
CompanyCodeHoldingSinceRevenue
VinCom OÜ1243779442,55%26.05.202623,2 m €
Combistock OÜ14155982100,0%01.09.202316,9 m €
Osaühing Leigola1090253150,0%07.01.20256,8 m €
Vaidawood OÜ1276542350,0%16.08.202326 400 €

Business Register

Companies linked via the board

18

Top 20 in activity: Puidust tarbe- ja dekoratiivesemete jm puittoodete tootmine

20

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

6 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Joint frequency permitSLM19/399623.08.2019 kuni 22.08.2023

Commercial pledges

NumberPandipidajaAmountSince
5Op Corporate Bank Plc1 000 000 €22.09.2014
4Op Corporate Bank Plc11 000 000 €04.04.2008
3Op Corporate Bank Plc2 000 000 €06.06.2007
2Op Corporate Bank Plc2 000 000 €19.10.2005

Domains

DomainSource
combiwood.eeBusiness Register

History and notices

28
DateTypeContent
06.07.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
07.06.2024EntryAmendment entry
21.09.2023EntryAmendment entry
21.03.2023EntryAmendment entry
10.06.2019EntryMuutmiskanne ÄS § 525 lg 2 alusel
18.01.2018EntryAmendment entry
11.01.2018EntryAmendment entry
22.12.2017EntryAmendment entry
04.12.2017EntryAmendment entry
28.09.2017EntryAmendment entry
08.05.2017EntryKommertspandi muutmiskanne
07.10.2016EntryAmendment entry
22.09.2014EntryKommertspandi avamiskanne
09.01.2012EntryAmendment entry
26.04.2011Märge osade või aktsiate registreerituse kohta EVK-sMärkus
28.09.2009Tegevusalade kustutamine registrikaardiltAmendment entry
04.04.2008EntryKommertspandi avamiskanne
03.04.2008EntrySecond, constitutive merger entry (on the acquiring company's register card)
06.06.2007EntryKommertspandi avamiskanne
26.10.2005Jaatav kandeotsusSenises registriosakonnas kommertspandi registrikaardi sulgemise märkus
26.10.2005Jaatav kandeotsusSenises registriosakonnas registrikaardi sulgemise märkus
19.10.2005ÄS §33 lg 7.1 täitmineKommertspandi avamiskanne
19.10.2005Jaatav kandeotsusUue asukoha järgses registriosakonnas registrikaardi avamise kanne
14.10.2005Jaatav kandeotsusKommertspandi märkus
14.10.2005Jaatav kandeotsusMärkus
24.08.2005Jaatav kandeotsusKommertspandi avamiskanne
07.06.2005Jaatav kandeotsusAmendment entry
18.12.2003Jaatav kandeotsusFirst entry