Timber Engineering OÜ
RegisteredKey figures
Ratios
2025Summary: Timber Engineering OÜ
What kind of company is it?
Timber Engineering OÜ (registry code 14420869) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised construction activities (EMTAK 43999). The company is registered for VAT (VAT number EE102178474).
How is the company doing financially?
Revenue in financial year 2025 was 60 795 €, down 43,7% on the previous year (108 018 €). From 2019 to 2025, revenue declined by an average of 2,1% per year. Net profit for financial year 2025 was 3187 € (5,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 60 795 €. At the end of financial year 2025, total assets were 74 047 € and equity 67 978 € (91,8% of assets). Based on labour costs in the report, the estimated average gross salary was about 430 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 390 €, up 3800% on the same quarter a year earlier.
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 30.06.2026. 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 | 390 € | — | — |
| Q2 2026 | 0 € | — | 0 € |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 4313 € | — | 103 € |
| Q3 2025 | 10 € | — | 623 € |
| Q2 2025 | 12 706 € | — | 1390 € |
| Q1 2025 | 32 053 € | — | 1658 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 22 300 € (26% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 64 203 | 76 047 | 59 437 | 108 018 | 60 795 |
| Net profit | −30 610 | 5586 | 4619 | 63 050 | 3187 |
| Retained earnings | 82 352 | 38 678 | 39 671 | 24 041 | 64 791 |
| Total assets | 52 200 | 69 337 | 62 917 | 88 882 | 74 047 |
| Total liabilities | 457 | 25 073 | 18 627 | 1791 | 6069 |
| Total equity | 51 743 | 44 264 | 44 290 | 87 091 | 67 978 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | 610 | 397 | 488 | 431 |
| Calculated dividend | 10 851 | 13 064 | 4593 | 20 249 | 22 300 |
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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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