TM1 Marine Group OÜ
RegisteredKey figures
Ratios
2024Summary: TM1 Marine Group OÜ
What kind of company is it?
TM1 Marine Group OÜ (registry code 12586086) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 12 years. Registered location: Kiili alev, Kiili vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001).
How is the company doing financially?
Revenue in financial year 2024 was 1 388 019 €, up 56,3% on the previous year (887 830 €). From 2019 to 2024, revenue declined by an average of 2,4% per year. Financial year 2024 ended with a loss of 63 454 €. The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 10 employees (13 a year earlier). Revenue per employee was 138 802 €. At the end of financial year 2024, total assets were 67 064 € and equity 54 537 € (81,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 2220 € 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 05.03.2025. 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 | — | 1 | — |
| Q2 2026 | — | 1 | — |
| Q1 2026 | — | 1 | — |
| Q4 2025 | 89 855 € | 1 | — |
| Q3 2025 | 103 657 € | 1 | 0 € |
| Q2 2025 | 16 132 € | 1 | — |
| Q1 2025 | 43 353 € | 1 | 0 € |
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 statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 915 937 | 1 228 191 | 850 347 | 887 830 | 1 388 019 |
| Net profit | 24 501 | 54 637 | 1367 | −80 239 | −63 454 |
| Retained earnings | 194 792 | 141 093 | 195 730 | 195 730 | 115 491 |
| Total assets | 318 995 | 340 187 | 685 735 | 766 087 | 67 064 |
| Total liabilities | 97 202 | 141 957 | 486 138 | 648 096 | 12 527 |
| Total equity | 221 793 | 198 230 | 199 597 | 117 991 | 54 537 |
| Employees | 16 | 10 | 10 | 13 | 10 |
| Average gross salary (monthly) | 1572 | 2834 | 1918 | 2225 | 2221 |
| Calculated dividend | 109 413 | 78 200 | 0 | 1367 | 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 obligations2 issues5 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 1992 € (2023). Largest grantors: Eesti Töötukassa (1992 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Koolitus VTA | 1992 € | 27.02.2023 |
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.