Therm OÜ

Registered
11343909Private limited company (OÜ)Founded 2007

Key figures

40 325 €+29,8%
Revenue 2025
−23,0%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: Therm OÜ

What kind of company is it?

Therm OÜ (registry code 11343909) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Alliku küla, Saue vald, Harju maakond. According to the latest annual report, the main activity is insulation work activities (EMTAK 43231). The company is registered for VAT (VAT number EE101122706).

How is the company doing financially?

Revenue in financial year 2025 was 40 325 €, up 29,8% on the previous year (31 068 €). From 2019 to 2025, revenue declined by an average of 23,0% per year. Net profit for financial year 2025 was 171 € (0,4% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 20 163 €. At the end of financial year 2025, total assets were 7946 € and equity 2591 € (32,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 693 €, down 96,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1019 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 500 € 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 07.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026693 €21019 €
Q2 202630 255 €2406 €
Q1 20260 €21092 €
Q4 202511 427 €21092 €
Q3 202519 300 €2728 €
Q2 202511 250 €2764 €
Q1 2025700 €2764 €

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
20212022202320242025
Sales revenue67 93134 85338 88031 06840 325
Net profit1971594−2694−694171
Retained earnings120414022996302−392
Total assets87286850519761587946
Total liabilities45151042208337385355
Total equity42135808311424202591
Employees12222
Average gross salary (monthly)704486613449396
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Therm OÜ3Ahti Sepp
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 20 € (2019–2020). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (20 €).

Show all aid records (2)
20205 €
201914 €

The total also includes 2 tax reductions worth 20 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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 ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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