New Garage Time OÜ
RegisteredKey figures
Ratios
2025Summary: New Garage Time OÜ
What kind of company is it?
New Garage Time OÜ (registry code 12180786) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101490658).
How is the company doing financially?
Revenue in financial year 2025 was 206 192 €, up 20,4% on the previous year (171 306 €). From 2019 to 2025, revenue grew by an average of 3,8% per year. Financial year 2025 ended with a loss of 22 984 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 68 731 €. At the end of financial year 2025, total assets were 122 974 € and equity 115 768 € (94,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 31 122 €, down 41,3% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 11 272 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1280 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (83,3%) is held by MP Investing & Consulting OÜ.
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 03.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 31 122 € | 6 | 11 272 € |
| Q2 2026 | 47 907 € | 5 | 12 099 € |
| Q1 2026 | 46 090 € | 5 | 11 092 € |
| Q4 2025 | 71 857 € | 5 | 17 085 € |
| Q3 2025 | 53 045 € | 5 | 14 036 € |
| Q2 2025 | 40 756 € | 4 | 12 025 € |
| Q1 2025 | 50 352 € | 4 | 11 884 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 61 000 € (31% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 212 241 | 242 710 | 162 282 | 171 306 | 206 192 |
| Net profit | −7555 | 238 814 | −36 466 | −11 720 | −22 984 |
| Retained earnings | 33 679 | 26 124 | 244 938 | 208 472 | 135 752 |
| Total assets | 48 812 | 281 478 | 236 673 | 213 833 | 122 974 |
| Total liabilities | 22 688 | 13 540 | 25 201 | 14 081 | 7206 |
| Total equity | 26 124 | 267 938 | 211 472 | 199 752 | 115 768 |
| Employees | 4 | 3 | 3 | 3 | 3 |
| Average gross salary (monthly) | 1439 | 1568 | 1934 | 2288 | 2658 |
| Calculated dividend | 0 | 0 | 20 000 | 0 | 61 000 |
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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 570 € (2015–2017). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (570 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 71 € | 03.08.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 63 € | 14.06.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 63 € | 19.04.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 240 € | 20.10.2015 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 133 € | 17.09.2015 |
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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