T-MODEL OÜRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 284 282 € | 11 | 49 983 € |
| Q2 2026 | 208 947 € | 11 | 47 493 € |
| Q1 2026 | 239 356 € | 11 | 46 012 € |
| Q4 2025 | 229 232 € | 11 | 50 666 € |
| Q3 2025 | 226 010 € | 12 | 51 503 € |
| Q2 2025 | 165 804 € | 12 | 45 489 € |
| Q1 2025 | 151 430 € | 12 | 47 641 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 274 219 | 329 077 | 487 642 | 799 756 | 414 410 | 307 003 | 404 359 |
| Total non-current assets | 39 449 | 27 499 | 24 985 | 10 370 | 63 754 | 62 805 | 55 266 |
| Total assets | 313 668 | 356 576 | 512 627 | 810 126 | 478 164 | 369 808 | 459 625 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 57 292 | 80 878 | 180 910 | 360 746 | 99 544 | 86 991 | 144 489 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 57 292 | 80 878 | 180 910 | 360 746 | 99 544 | 86 991 | 144 489 |
| Share capital | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 |
| Retained earnings of previous periods | 178 968 | 208 561 | 222 881 | 248 901 | 346 565 | 325 804 | 280 001 |
| Profit for the year | 74 592 | 64 321 | 106 020 | 197 663 | 29 239 | −45 803 | 32 319 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 256 376 | 275 698 | 331 717 | 449 380 | 378 620 | 282 817 | 315 136 |
| Income statement | |||||||
| Sales revenue | 540 651 | 713 593 | 959 387 | 1 069 356 | 860 644 | 722 654 | 841 620 |
| Operating profit | 87 288 | 72 712 | 114 327 | 213 503 | 49 572 | −60 826 | 24 615 |
| EBITDA | 97 779 | 88 638 | 129 389 | 228 118 | 55 278 | −55 377 | 29 103 |
| Profit before income tax | 87 034 | 72 664 | 114 305 | 213 303 | 49 152 | −37 664 | 32 319 |
| Profit for the reporting year | 74 592 | 64 321 | 106 020 | 197 663 | 29 239 | −45 803 | 32 319 |
| Labour costs | 227 393 | 280 863 | 320 217 | 369 638 | 435 938 | 463 384 | 439 957 |
| Depreciation of non-current assets | 10 491 | 15 926 | 15 062 | 14 615 | 5706 | 5449 | 4488 |
| Other indicators | |||||||
| Employees | 8 | 9 | 9 | 10 | 11 | 11 | 10 |
| Calculated dividend | — | 44 999 | 50 001 | 80 000 | 99 999 | 50 000 | 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
5 contractsPublic contracts won worth 251 060 € from 4 contracting authorities (26.09.2024–28.05.2026).
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: T-MODEL OÜ
Overview
T-MODEL OÜ (registry code 11270607) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is maanteede ja kiirteede ehitus (EMTAK 42111). The company is registered for VAT (VAT number EE101066862).
Financial results
Revenue in financial year 2025 was 841 620 €, up 16,5% on the previous year (722 654 €). From 2019 to 2025, revenue grew by an average of 7,7% per year. Net profit for financial year 2025 was 32 319 € (3,8% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 10 employees (11 a year earlier). Revenue per employee was 84 162 €. At the end of financial year 2025, total assets were 459 625 € and equity 315 136 € (68,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 284 282 €, up 25,8% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 49 983 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2790 € per month.
Management and owners
The management board has 3 members. According to the register, the company has 4 owners. The largest stake (37,5%) is held by a private individual.
Data sources and freshness
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 31.03.2026. 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.