Turf OÜRegistered
Key figures
846 729 €+21,7%
Revenue 2025
+17,4%
Average annual growth 2019–2025
Ratios
20257,4%
Profit margin
19,0%
EBITDA margin
45,8%
Equity ratio
2,3×
Current ratio
22,0%
Return on equity
1215 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 173 016 € | 17 | 30 043 € |
| Q1 2026 | 218 996 € | 18 | 33 895 € |
| Q4 2025 | 180 066 € | 16 | 38 598 € |
| Q3 2025 | 294 057 € | 19 | 40 685 € |
| Q2 2025 | 143 299 € | 19 | 18 764 € |
| Q1 2025 | 170 958 € | 9 | 15 017 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 15 033 | 8538 | 30 741 | 40 344 | 35 571 | 67 243 | 80 312 |
| Total non-current assets | 92 880 | 175 043 | 290 306 | 289 472 | 363 723 | 496 344 | 544 233 |
| Total assets | 107 913 | 183 581 | 321 047 | 329 816 | 399 294 | 563 587 | 624 545 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 7025 | 5871 | 6920 | 11 535 | 11 960 | 29 971 | 34 542 |
| Non-current liabilities | 49 414 | 112 291 | 222 435 | 190 879 | 216 511 | 310 522 | 303 926 |
| Total liabilities | 56 439 | 118 162 | 229 355 | 202 414 | 228 471 | 340 493 | 338 468 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 40 799 | 48 919 | 62 864 | 89 136 | 124 847 | 168 267 | 220 538 |
| Profit for the year | 8119 | 13 944 | 26 272 | 35 710 | 43 420 | 52 271 | 62 983 |
| Total equity | 51 474 | 65 419 | 91 692 | 127 402 | 170 823 | 223 094 | 286 077 |
| Income statement | |||||||
| Sales revenue | 323 362 | 283 144 | 404 404 | 494 808 | 594 015 | 695 688 | 846 729 |
| Operating profit | 10 094 | 16 860 | 31 621 | 40 299 | 58 680 | 68 502 | 82 630 |
| EBITDA | 34 724 | 53 995 | 94 973 | 98 885 | 123 047 | 147 709 | 160 807 |
| Profit before income tax | 8119 | 13 944 | 26 272 | 35 710 | 43 420 | 52 271 | 62 983 |
| Profit for the reporting year | 8119 | 13 944 | 26 272 | 35 710 | 43 420 | 52 271 | 62 983 |
| Labour costs | 92 128 | 97 690 | 127 990 | 96 345 | 143 411 | 184 798 | 368 145 |
| Depreciation of non-current assets | 24 630 | 37 135 | 63 352 | 58 586 | 64 367 | 79 207 | 78 177 |
| Other indicators | |||||||
| Employees | 10 | 7 | 8 | 6 | 6 | 9 | 17 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 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.
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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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