TB Works OsaühingRegistered
Key figures
16 037 694 €+2,1%
Revenue 2025
+11,6%
Average annual growth 2019–2025
Ratios
20255,9%
Profit margin
8,8%
EBITDA margin
76,8%
Equity ratio
3,0×
Current ratio
17,6%
Return on equity
2436 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 5 266 328 € | 97 | 379 628 € |
| Q1 2026 | 4 332 867 € | 101 | 408 573 € |
| Q4 2025 | 6 155 235 € | 101 | 424 677 € |
| Q3 2025 | 4 325 611 € | 105 | 415 077 € |
| Q2 2025 | 4 496 277 € | 108 | 373 842 € |
| Q1 2025 | 4 131 231 € | 102 | 376 698 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 400 000 € (8% of distributable profit).
History
dividend other equity decrease
2025400 000 €
2024300 000 €
2023724 840 €
2022299 999 €
2021500 000 €
2020150 000 €+239 770 € other
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 3 056 857 | 3 411 553 | 4 479 448 | 4 768 163 | 5 516 736 | 4 030 691 | 4 756 156 |
| Total non-current assets | 2 049 526 | 1 743 866 | 1 558 016 | 1 654 585 | 1 599 727 | 2 503 674 | 2 274 147 |
| Total assets | 5 106 383 | 5 155 419 | 6 037 464 | 6 422 748 | 7 116 463 | 6 534 365 | 7 030 303 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 352 651 | 1 505 924 | 2 613 817 | 1 960 478 | 2 879 669 | 1 587 013 | 1 606 356 |
| Non-current liabilities | 2 114 372 | 1 448 065 | 1 075 578 | 1 019 212 | 145 834 | 95 517 | 21 690 |
| Total liabilities | 3 467 023 | 2 953 989 | 3 689 395 | 2 979 690 | 3 025 503 | 1 682 530 | 1 628 046 |
| Share capital | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 | 25 565 |
| Retained earnings of previous periods | 1 355 020 | 1 220 424 | 1 672 264 | 2 018 904 | 2 689 052 | 3 761 794 | 4 422 669 |
| Profit for the year | 15 404 | 951 840 | 646 639 | 1 394 988 | 1 372 742 | 1 060 875 | 950 422 |
| Reserves and other equity | 243 371 | 3601 | 3601 | 3601 | 3601 | 3601 | 3601 |
| Total equity | 1 639 360 | 2 201 430 | 2 348 069 | 3 443 058 | 4 090 960 | 4 851 835 | 5 402 257 |
| Income statement | |||||||
| Sales revenue | 8 305 616 | 11 862 503 | 13 918 431 | 16 839 497 | 16 277 107 | 15 714 978 | 16 037 694 |
| Operating profit | 91 612 | 1 038 277 | 811 983 | 1 504 750 | 1 496 847 | 1 122 436 | 984 923 |
| EBITDA | 437 810 | 1 404 114 | 1 154 682 | 1 844 825 | 1 859 513 | 1 519 215 | 1 418 708 |
| Profit before income tax | 38 224 | 984 253 | 762 191 | 1 448 186 | 1 372 742 | 1 060 875 | 964 525 |
| Profit for the reporting year | 15 404 | 951 840 | 646 639 | 1 394 988 | 1 372 742 | 1 060 875 | 950 422 |
| Labour costs | 1 909 857 | 2 137 097 | 2 900 560 | 2 967 307 | 3 264 563 | 3 613 898 | 3 835 650 |
| Depreciation of non-current assets | 346 198 | 365 837 | 342 699 | 340 075 | 362 666 | 396 779 | 433 785 |
| Other indicators | |||||||
| Employees | 104 | 103 | 117 | 104 | 102 | 108 | 106 |
| Calculated dividend | — | 150 000 | 500 000 | 299 999 | 724 840 | 300 000 | 400 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Manufacture of other structural metal products and parts