Eesti Triboloogia Instituut OÜ
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2025Summary: Eesti Triboloogia Instituut OÜ
What kind of company is it?
Eesti Triboloogia Instituut OÜ (registry code 11249228) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Emmaste küla, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE101071161).
How is the company doing financially?
Revenue in financial year 2025 was 132 315 €, up 11,7% on the previous year (118 458 €). From 2019 to 2025, revenue declined by an average of 2,4% per year. Net profit for financial year 2025 was 3377 € (2,6% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 44 105 €. At the end of financial year 2025, total assets were 124 750 € and equity 102 654 € (82,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 31 312 €, down 24,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 601 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 320 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 02.02.2026. 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 | 31 312 € | 3 | 601 € |
| Q2 2026 | 25 818 € | 3 | 1553 € |
| Q1 2026 | 29 770 € | 3 | 2851 € |
| Q4 2025 | 32 021 € | 3 | 2869 € |
| Q3 2025 | 41 438 € | 3 | 2869 € |
| Q2 2025 | 24 267 € | 3 | 2869 € |
| Q1 2025 | 30 856 € | 3 | 2064 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 6000 € (6% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 140 831 | 162 940 | 289 618 | 118 458 | 132 315 |
| Net profit | −14 076 | 7466 | 12 032 | 333 | 3377 |
| Retained earnings | 102 766 | 86 390 | 90 356 | 102 132 | 96 465 |
| Total assets | 121 140 | 126 845 | 124 527 | 116 142 | 124 750 |
| Total liabilities | 29 638 | 30 177 | 19 583 | 10 865 | 22 096 |
| Total equity | 91 502 | 96 668 | 104 944 | 105 277 | 102 654 |
| Employees | 2 | 2 | 2 | 2 | 3 |
| Average gross salary (monthly) | 520 | 572 | 568 | 589 | 654 |
| Calculated dividend | 10 400 | 2300 | 3500 | 0 | 6000 |
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 issue1 note5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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