WELEMENT AS
RegisteredPublic limited company (AS)Registry code 12892498
Key factsTartu linn, Manufacture of prefabricated wooden buildings or elements thereof
- Registry code
- 12892498
- VAT number
- EE101810982
- LEI code
- 984500A03AE9A9A56J79
- Registered
- 10 Aug 2015
- Address
- Tartu maakond, Tartu linn, Tartu linn, Klaasi tn 14Tartu maakondTartu linnTartu linn
Base map and address location: Estonian Land and Spatial Development Board - Main activity
- Manufacture of prefabricated wooden buildings or elements thereofEMTAK 16231
- Capital
- €25,000
- Financial year ends
- 31.12
- Contacts
- Emailinfo@welement.ee
- Websitewww.welement.ee
- Phone+372 53334302
Revenue
€7.4M+348%
2025 annual report
Net profit
€658.1K+145%
8.9% profit margin
Employees (FTE)
34+31%
2025 annual report
Average gross salary
€2,236
Estimate, Q2 2026
Performance
RIK, annual reports
Revenue by activity
From the 2025 annual report
Revenue by country
From the 2025 annual report
- Saksamaa€3,168,87443%
- Eesti€3,168,79643%
- Island€1,082,72615%
- Müük Euroopa Liidu riikidele, muud€00%
- Müük väljapoole Euroopa Liidu riike, muud€00%
- Norra€00%
- Rootsi€00%
Compared with its industry
The company beside Statistics Estonia's averages for activity 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
Gross monthly wage
115% of the industry average
- Company, estimate Q2 2026€2,236
- Industry average 2025€1,950
- Industry median 2025€1,727
Revenue per employee
106% of the industry average
- Company 2025€218,247
- Industry average 2024€205,600
Source: Statistics Estonia (PA103 gross monthly wage, EM001 labour productivity per person employed). The company wage is estimated from labour taxes paid; revenue per employee comes from the annual report. Statistics Estonia uses EMTAK 2008 activities.
Management
- Lauri TuulbergJuhatuse liige, since 10 Aug 2015
Owners
- Omanikukonto: AS RAND & TUULBERG GRUPPAktsionär, since 17 Dec 202589.6%