Timberston OÜRegistered
Qualified audit opinion. 2023 report: Qualified.
Key figures
14 714 816 €+7,8%
Revenue 2025
+17,7%
Average annual growth 2019–2025
Ratios
20250,6%
Profit margin
11,7%
EBITDA margin
68,9%
Equity ratio
1,3×
Current ratio
0,8%
Return on equity
1957 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 4 208 714 € | 99 | 304 084 € |
| Q1 2026 | 4 683 150 € | 88 | 290 068 € |
| Q4 2025 | 4 131 969 € | 85 | 316 497 € |
| Q3 2025 | 3 157 174 € | 87 | 311 406 € |
| Q2 2025 | 4 011 230 € | 87 | 282 103 € |
| Q1 2025 | 3 788 916 € | 80 | 268 168 € |
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 60 000 € (1% of distributable profit).
History
202560 000 €
2024125 551 €
2023102 903 €
2022 ~135 000 €
20210 €
20200 €
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 | 717 439 | 1 226 093 | 1 700 580 | 3 399 478 | 3 717 570 | 3 851 812 | 4 088 860 |
| Total non-current assets | 4 559 683 | 6 577 214 | 8 085 444 | 8 903 995 | 10 872 989 | 11 187 087 | 11 899 169 |
| Total assets | 5 277 122 | 7 803 307 | 9 786 024 | 12 303 473 | 14 590 559 | 15 038 899 | 15 988 029 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 132 208 | 1 372 941 | 2 341 074 | 2 914 543 | 2 255 371 | 2 071 110 | 3 071 977 |
| Non-current liabilities | 1 703 597 | 1 771 922 | 1 933 392 | 1 474 454 | 1 596 357 | 1 978 032 | 1 901 220 |
| Total liabilities | 2 835 805 | 3 144 863 | 4 274 466 | 4 388 997 | 3 851 728 | 4 049 142 | 4 973 197 |
| Share capital | 15 336 | 15 336 | 15 336 | 15 336 | 15 336 | 15 336 | 15 336 |
| Retained earnings of previous periods | 2 130 972 | 4 243 878 | 4 641 247 | 5 359 361 | 7 794 376 | 10 596 083 | 10 912 560 |
| Profit for the year | 293 148 | 397 369 | 853 114 | 2 537 918 | 2 927 258 | 376 477 | 85 075 |
| Reserves and other equity | 1861 | 1861 | 1861 | 1861 | 1861 | 1861 | 1861 |
| Total equity | 2 441 317 | 4 658 444 | 5 511 558 | 7 914 476 | 10 738 831 | 10 989 757 | 11 014 832 |
| Income statement | |||||||
| Sales revenue | 5 546 745 | 6 651 669 | 8 115 122 | 15 946 115 | 15 090 491 | 13 654 768 | 14 714 816 |
| Operating profit | 334 519 | 461 316 | 924 202 | 2 650 121 | 3 084 308 | 573 364 | 254 726 |
| EBITDA | 1 094 117 | 1 371 626 | 1 970 313 | 3 791 337 | 4 343 241 | 1 886 728 | 1 720 293 |
| Profit before income tax | 293 148 | 402 620 | 853 114 | 2 570 730 | 2 948 122 | 400 949 | 101 998 |
| Profit for the reporting year | 293 148 | 397 369 | 853 114 | 2 537 918 | 2 927 258 | 376 477 | 85 075 |
| Labour costs | 1 702 828 | 1 841 723 | 1 840 918 | 2 061 159 | 2 346 982 | 2 542 320 | 2 863 368 |
| Depreciation of non-current assets | 759 598 | 910 310 | 1 046 111 | 1 141 216 | 1 258 933 | 1 313 364 | 1 465 567 |
| Other indicators | |||||||
| Employees | 0 | 74 | 72 | 71 | 79 | 80 | 84 |
| Calculated dividend | — | 0 | 0 | 135 000 | 102 903 | 125 551 | 60 000 |
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.