Technical Work OÜ

Registered
12547353Private limited company (OÜ)Founded 2013

Key figures

118 868 €+50,0%
Revenue 2025
+23,0%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Technical Work OÜ

What kind of company is it?

Technical Work OÜ (registry code 12547353) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Eerikvere küla, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE101669311).

How is the company doing financially?

Revenue in financial year 2025 was 118 868 €, up 50,0% on the previous year (79 246 €). From 2019 to 2025, revenue grew by an average of 23,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 24 190 € (20,4% of revenue). The company was profitable in 5 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 160 686 € and equity 128 653 € (80,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 8388 €, down 78,2% on the same quarter a year earlier. The company had 1 employees in that quarter.

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.

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 09.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20268388 €10 €
Q2 202626 534 €10 €
Q1 202624 176 €10 €
Q4 202536 598 €10 €
Q3 202538 459 €10 €
Q2 202523 614 €10 €
Q1 202530 775 €10 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue77 799107 00680 38979 246118 868
Net profit43 55940 75016 265−12 86924 190
Retained earnings14 00857 56798 317114 582101 713
Total assets95 062137 547154 697144 852160 686
Total liabilities34 74536 48037 36540 38932 033
Total equity60 317101 067117 332104 463128 653
Employees00000
Calculated dividend00000

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
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
3/3 filed
All on time
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%Technical Work OÜRaino Kivi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 20 673 € (2020–2023). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (20 673 €).

Show all aid records (5)
20237724 €
202212 936 €
20215 €
20208 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud7724 €31.01.2023
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud12 925 €16.08.2022

The total also includes 3 tax reductions worth 24 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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