Timtar Grupp OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 291 566 € | 5 | 11 230 € |
| Q2 2026 | 580 872 € | 5 | 11 203 € |
| Q1 2026 | 296 558 € | 6 | 11 190 € |
| Q4 2025 | 437 537 € | 6 | 15 360 € |
| Q3 2025 | 454 170 € | 6 | 16 312 € |
| Q2 2025 | 326 984 € | 6 | 13 597 € |
| Q1 2025 | 255 737 € | 6 | 15 737 € |
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 | 157 791 | 160 585 | 244 586 | 160 875 | 246 555 | 241 361 | 353 738 |
| Total non-current assets | 115 350 | 165 373 | 199 552 | 637 892 | 553 291 | 765 367 | 804 913 |
| Total assets | 273 141 | 325 958 | 444 138 | 798 767 | 799 846 | 1 006 728 | 1 158 651 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 65 135 | 82 129 | 81 392 | 96 965 | 123 330 | 163 709 | 253 960 |
| Non-current liabilities | 0 | 0 | 14 606 | 242 850 | 160 278 | 314 597 | 302 276 |
| Total liabilities | 65 135 | 82 129 | 95 998 | 339 815 | 283 608 | 478 306 | 556 236 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 19 553 | 205 194 | 241 017 | 345 329 | 384 679 | 513 427 | 525 610 |
| Profit for the year | 185 641 | 35 823 | 104 311 | 110 811 | 128 747 | 12 183 | 73 993 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 208 006 | 243 829 | 348 140 | 458 952 | 516 238 | 528 422 | 602 415 |
| Income statement | |||||||
| Sales revenue | 1 981 794 | 692 183 | 1 386 026 | 1 811 842 | 1 813 962 | 1 389 548 | 1 521 574 |
| Operating profit | 186 830 | 36 080 | 105 539 | 115 759 | 142 787 | 33 727 | 93 552 |
| EBITDA | 201 930 | 47 091 | 126 296 | 153 169 | 200 024 | 81 071 | 155 958 |
| Profit before income tax | 185 641 | 35 823 | 104 311 | 110 811 | 128 747 | 12 183 | 73 993 |
| Profit for the reporting year | 185 641 | 35 823 | 104 311 | 110 811 | 128 747 | 12 183 | 73 993 |
| Labour costs | 169 214 | 125 011 | 202 524 | 201 872 | 217 529 | 192 516 | 142 224 |
| Depreciation of non-current assets | 15 100 | 11 011 | 20 757 | 37 410 | 57 237 | 47 344 | 62 406 |
| Other indicators | |||||||
| Employees | 6 | 5 | 10 | 10 | 14 | 11 | 5 |
| Calculated dividend | — | 0 | 0 | 0 | 71 461 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
2 contractsPublic contracts won worth 815 224 € from 2 contracting authorities (19.11.2024–17.07.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Käsitöötoidu ja -jookide valmistamiseks abihoone ehitamine | Poiste Mahedik OÜ | 316 784 € | 17.07.2026 |
| Toila merepäästehoone ehitustööd | Mittetulundusühing Toila Merepääste | 498 440 € | 19.11.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Timtar Grupp OÜ
Overview
Timtar Grupp OÜ (registry code 11885295) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Tamsalu linn, Tapa vald, Lääne-Viru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101493862).
Financial results
Revenue in financial year 2025 was 1 521 574 €, up 9,5% on the previous year (1 389 548 €). From 2019 to 2025, revenue declined by an average of 4,3% per year. Net profit for financial year 2025 was 73 993 € (4,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees (11 a year earlier). Revenue per employee was 304 315 €. At the end of financial year 2025, total assets were 1 158 651 € and equity 602 415 € (52,0% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 291 566 €, down 35,8% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 11 230 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1490 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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 30.06.2026. 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.