THB Union OÜ

Registered
12179458Private limited company (OÜ)Founded 2011
Annual report for 2025 not filed.

Key figures

203 130 €+27,9%
Revenue 2024
−32,3%
Average annual change 2019–2024
0500 k1 m1,5 m201920202021202220232024

Ratios

2024

Summary: THB Union OÜ

What kind of company is it?

THB Union OÜ (registry code 12179458) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other transportation support activities n.e.c. (EMTAK 52269). The company is registered for VAT (VAT number EE102231586).

How is the company doing financially?

Revenue in financial year 2024 was 203 130 €, up 27,9% on the previous year (158 762 €). From 2019 to 2024, revenue declined by an average of 32,3% per year. Financial year 2024 ended with a loss of 20 163 €. The company was profitable in 3 of the 6 published financial years. In financial year 2024 the company had 2 employees (1 a year earlier). Revenue per employee was 101 565 €. At the end of financial year 2024, total assets were 297 515 € and equity 290 958 € (97,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1400 € 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.

What should you look out for?

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 22.05.2026. 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 20260 €12099 €
Q2 20260 €12099 €
Q1 20260 €12099 €
Q4 20250 €12099 €
Q3 20250 €12099 €
Q2 20250 €12099 €
Q1 20250 €12079 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2024

Distributed as dividends 32 000 € (9% of distributable profit).

History
dividend other equity decrease
202432 000 €
202332 043 €
202239 449 €+64 900 € other
20210 €
202031 999 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue1 408 0601 146 066214 128158 762203 130
Net profit68 966169 598−2995−39 064−20 163
Retained earnings215 608284 574414 723379 685308 621
Total assets396 119524 179431 554368 810297 515
Total liabilities44 145260717 32625 6896557
Total equity351 974521 572414 228343 121290 958
Employees22012
Average gross salary (monthly)558597—1102640
Calculated dividend31 999039 44932 04332 000

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 obligations1 issue6 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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
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
100%THB Union OÜParviz Huseynov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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