Timecolors OÜ
RegisteredKey figures
Ratios
2025Summary: Timecolors OÜ
What kind of company is it?
Timecolors OÜ (registry code 12271879) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is repair and maintenance of motor vehicles (EMTAK 95311). The company is registered for VAT (VAT number EE101553359).
How is the company doing financially?
Revenue in financial year 2025 was 1 525 685 €, down 6,6% on the previous year (1 633 603 €). From 2019 to 2025, revenue grew by an average of 1,7% per year. Financial year 2025 ended with a loss of 225 245 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 17 employees. Revenue per employee was 89 746 €. At the end of financial year 2025, total assets were 248 535 € and equity 6666 € (2,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 473 762 €, up 26,0% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 49 275 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1860 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is ARAND AS.
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 12.06.2026. 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 | 473 762 € | 17 | 49 275 € |
| Q2 2026 | 495 758 € | 17 | 49 719 € |
| Q1 2026 | 554 910 € | 17 | 51 788 € |
| Q4 2025 | 414 000 € | 17 | 46 875 € |
| Q3 2025 | 376 103 € | 17 | 39 059 € |
| Q2 2025 | 387 878 € | 16 | 51 820 € |
| Q1 2025 | 360 568 € | 16 | 48 469 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 285 019 | 1 431 439 | 1 537 767 | 1 633 603 | 1 525 685 |
| Net profit | 11 442 | 4011 | 27 286 | 38 183 | −225 245 |
| Retained earnings | 148 488 | 159 930 | 163 941 | 191 228 | 229 411 |
| Total assets | 313 632 | 326 229 | 394 183 | 438 289 | 248 535 |
| Total liabilities | 151 202 | 159 788 | 200 456 | 206 378 | 241 869 |
| Total equity | 162 430 | 166 441 | 193 727 | 231 911 | 6666 |
| Employees | 17 | 17 | 16 | 17 | 17 |
| Average gross salary (monthly) | 1268 | 1422 | 1645 | 1800 | 1761 |
| Calculated dividend | 50 000 | 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 20 000 € (2016). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (20 000 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Arendusosak | 20 000 € | 17.08.2016 |
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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