Osaühing Timbermeister
RegisteredKey figures
Ratios
2025Summary: Osaühing Timbermeister
What kind of company is it?
Osaühing Timbermeister (registry code 10383516) is a private limited company (OÜ). The company was entered in the Commercial Register in 1998 and has been registered for 28 years. Registered location: Jälgimäe küla, Saku vald, Harju maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE100349179).
How is the company doing financially?
Revenue in financial year 2025 was 2 755 670 €, up 7,3% on the previous year (2 568 935 €). From 2019 to 2025, revenue grew by an average of 5,4% per year. Financial year 2025 ended with a loss of 107 942 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 27 employees (26 a year earlier). Revenue per employee was 102 062 €. At the end of financial year 2025, total assets were 1 143 445 € and equity 599 660 € (52,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 777 883 €, down 0,6% on the same quarter a year earlier. The company had 28 employees in that quarter. Labour taxes paid in the quarter: 123 661 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2720 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (50%) is held by a private individual.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 18.08.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 777 883 € | 28 | 123 661 € |
| Q2 2026 | 619 202 € | 28 | 124 734 € |
| Q1 2026 | 847 901 € | 28 | 126 747 € |
| Q4 2025 | 460 094 € | 28 | 147 813 € |
| Q3 2025 | 782 575 € | 29 | 141 082 € |
| Q2 2025 | 658 514 € | 27 | 130 184 € |
| Q1 2025 | 605 878 € | 26 | 129 399 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 028 198 | 2 529 960 | 3 199 593 | 2 568 935 | 2 755 670 |
| Net profit | −20 403 | 10 796 | 420 416 | −250 505 | −107 942 |
| Retained earnings | 542 031 | 521 628 | 532 424 | 952 840 | 702 335 |
| Total assets | 855 866 | 847 724 | 1 407 003 | 1 186 063 | 1 143 445 |
| Total liabilities | 328 971 | 310 033 | 448 896 | 478 461 | 543 785 |
| Total equity | 526 895 | 537 691 | 958 107 | 707 602 | 599 660 |
| Employees | 29 | 29 | 29 | 26 | 27 |
| Average gross salary (monthly) | 1817 | 2271 | 2481 | 2791 | 2932 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligations1 note7 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 151 001 € (2022–2023). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (151 001 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 9292 € | 08.11.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitusabi | 17 700 € | 08.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele nõustamiseks antav abi (artikkel 18) | 23 000 € | 08.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Protsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29) | 11 865 € | 08.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Investeeringuteks ettenähtud regionaalabi (artikkel 14) | 77 904 € | 08.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 4800 € | 08.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 6440 € | 03.06.2022 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
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