OÜ Thorgate ManagementRegistered
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Key figures
658 925 €+1,1%
Revenue 2025
−0,2%
Average annual change 2019–2025
Ratios
20250,1%
Profit margin
−0,5%
EBITDA margin
79,1%
Equity ratio
0,3×
Current ratio
0,0%
Return on equity
3740 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 203 434 € | 3 | 18 619 € |
| Q1 2026 | 187 890 € | 3 | 19 164 € |
| Q4 2025 | 172 558 € | 3 | 21 481 € |
| Q3 2025 | 171 439 € | 3 | 24 212 € |
| Q2 2025 | 172 812 € | 4 | 18 434 € |
| Q1 2025 | 186 994 € | 4 | 14 713 € |
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 | 132 699 | 77 152 | 178 688 | 142 758 | 245 920 | 271 406 | 78 030 |
| Total non-current assets | 814 628 | 935 477 | 1 090 112 | 1 225 540 | 1 327 405 | 1 308 840 | 1 475 848 |
| Total assets | 947 327 | 1 012 629 | 1 268 800 | 1 368 298 | 1 573 325 | 1 580 246 | 1 553 878 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 156 277 | 160 106 | 267 643 | 163 892 | 187 525 | 202 712 | 224 404 |
| Non-current liabilities | 321 878 | 325 897 | 285 340 | 231 272 | 304 254 | 148 550 | 100 000 |
| Total liabilities | 478 155 | 486 003 | 552 983 | 395 164 | 491 779 | 351 262 | 324 404 |
| Share capital | 4500 | 4500 | 54 000 | 150 000 | 295 528 | 345 528 | 345 528 |
| Retained earnings of previous periods | 132 311 | 255 172 | 312 626 | 452 317 | 613 635 | 576 518 | 673 956 |
| Profit for the year | 122 861 | 57 454 | 139 691 | 161 317 | −37 117 | 97 438 | 490 |
| Reserves and other equity | 209 500 | 209 500 | 209 500 | 209 500 | 209 500 | 209 500 | 209 500 |
| Total equity | 469 172 | 526 626 | 715 817 | 973 134 | 1 081 546 | 1 228 984 | 1 229 474 |
| Income statement | |||||||
| Sales revenue | 665 817 | 607 676 | 685 499 | 705 630 | 693 670 | 651 798 | 658 925 |
| Operating profit | 141 731 | 141 996 | 171 595 | 191 199 | −11 206 | 21 137 | −14 083 |
| EBITDA | 149 720 | 150 885 | 178 663 | 196 121 | 674 | 32 885 | −3313 |
| Profit before income tax | 122 861 | 57 454 | 139 691 | 161 317 | −37 117 | 97 438 | 490 |
| Profit for the reporting year | 122 861 | 57 454 | 139 691 | 161 317 | −37 117 | 97 438 | 490 |
| Labour costs | 108 668 | 82 071 | 69 531 | 63 580 | 105 011 | 115 006 | 188 946 |
| Depreciation of non-current assets | 7989 | 8889 | 7068 | 4922 | 11 880 | 11 748 | 10 770 |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| 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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