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WELLMAX BALTIC OÜ

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WELLMAX BALTIC OÜ: Operation story

WELLMAX BALTIC OÜ: Operation story

WELLMAX BALTIC OÜ started almost 14 years ago when board member M. L. founded the company, was new to business with no prior experience.

WELLMAX BALTIC OÜ's field is manufacture of sawn timber. According to data from 2020, 366 more companies are active in the same field (NACE 16101), employing altogether 5179 people and the field has an estimated turnover of around 1.07 billion euros in 2020.

WELLMAX BALTIC OÜ - Assets and Finances 2018

  • Productivity per employee: 79 767€
  • Gross margin: 1%
  • No of employees: down by 1
  • Turnover fell: 0% (1 988 315 €)
  • Credit score: Good
Location

Company's legal address is Ida-Viru maakond, Alutaguse vald, Kurtna küla, Kartulihoidla.

Market share

WELLMAX BALTIC OÜ is a company with a 1% market share of the overall turnover in its field in 2019. In the last five years the venture has earned a profit of 422 thousand euros, with a gross turnover of 10,13 million euros.

Export

WELLMAX BALTIC OÜ is a successful exporter, making sales to countries in the European Union: Germany, Netherlands, Sweden, Slovakia, Latvia, Italy, France, Slovenia, Finland . Exports account for approximately 74 percent of the turnover.

Top 3 in the Field (2018)

Manufacture of sawn timber


Companies with the strongest profits, Low Credit Score and Risk Assessment at ’Reliable’:

Companies with the heaviest losses, High Credit Score and Risk Assessment at ’Risky’:

WELLMAX BALTIC OÜ board members

Board member M. H.

M. H. started business activities already 10 years ago, being 20 years old. M. H. has in total managed 10 companies of which he currently is a board member in 9 companies. 7 of those have active economic activity (incl.VAT payers).

M. H. has operated or is operating in the fields of:

1. Manufacture of sawn timber (2018 gross turnover 1 988 315 €, 2019 estimated gross turnover 5 669 273 €, 2018 4 quarter's labor taxes 10 499 €, Total employees 10 people and Total fixed assets 6 400 €)

2. Management of real estate on a fee or contract basis (2018 gross turnover 294 954 €, 2019 estimated gross turnover 1 246 997 €, 2018 4 quarter's labor taxes 618 €, Total employees 1 people and Total fixed assets 2 500 €)

3. Specialised design activities (2018 gross turnover 120 250 €, 2019 estimated gross turnover 254 621 €, 2018 4 quarter's labor taxes 13 102 €, Total employees 6 people and Total fixed assets 2 500 €)

4. Other real estate management or related activities (2018 gross turnover 544 932 €, 2019 estimated gross turnover 398 788 €, 2018 4 quarter's labor taxes 0 €, Total employees 0 people and Total fixed assets 2 520 €)

5. Web portals (2018 gross turnover 138 574 €, 2019 estimated gross turnover 560 775 €, 2018 4 quarter's labor taxes 0 €, Total employees 0 people and Total fixed assets 5 000 €)

Business area2018 turnover2019 estimated turnoverLabor taxesStaffFixed assets
1. Manufacture of sawn timber1 988 315 €5 669 273 €10 499 €106 400 €
2. Management of real estate on a fee or contract basis294 954 €1 246 997 €618 €12 500 €
3. Specialised design activities120 250 €254 621 €13 102 €62 500 €
4. Other real estate management or related activities544 932 €398 788 €0 €02 520 €
5. Web portals138 574 €560 775 €0 €05 000 €

M. H.

General data

Active in business almost 11 years

Companies led: 10

At 2020 leader of 10 companies. 7 of those have active economic activity.

Assets and Finances 2018 (all related companies)

Labor taxes of active companies: 78 199 €

Total turnover: 3 103 025 €

Total profits: 262 268 €

Total number of employees: 15

The biggest payroll: WELLMAX BALTIC OÜ

Total estimated turnover in 2019: 8 316 785 €

Last time M. H. left a company was 3 years ago from IWIH OÜ, having led the company for 7 years. Status of the company is has been removed from business registry.

Alarming signs

Board member's alarming signs are pointed out by the fact that 1 of board member's companies have been declared as alarming by Inforegister's Credit score.

Board member S. H. T.

S. H. T. started business activities already 1 years ago, being 29 years old. S. H. T. has in total managed 1 company of which he currently is a board member in 1 company. It has active economic activity (incl. VAT payers).

S. H. T. has operated or is operating in the fields of:

1. Manufacture of sawn timber (2018 gross turnover 1 988 315 €, 2019 estimated gross turnover 5 669 273 €, 2018 4 quarter's labor taxes 10 499 €, Total employees 10 people and Total fixed assets 6 400 €)

Business area2018 turnover2019 estimated turnoverLabor taxesStaffFixed assets
1. Manufacture of sawn timber1 988 315 €5 669 273 €10 499 €106 400 €

S. H. T.

General data

Active in business almost 2 years

Companies led: 1

At 2020 leader of 1 company. It has active economic activity

Assets and Finances 2018 (all related companies)

Labor taxes of active companies: 51 090 €

Total turnover: 1 988 315 €

Total profits: 11 453 €

Total number of employees: 11

The biggest payroll: WELLMAX BALTIC OÜ

Total estimated turnover in 2019: 5 669 273 €

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