THORN Engineering OÜRegistered
Key figures
0 €
Revenue 2025
−100,0%
Average annual change 2019–2025
Ratios
2025100,0%
Equity ratio
−18,9%
Return on equity
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 0 € | — | — |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 86 048 | 374 907 | 344 457 | 203 484 | 3811 | 7015 | 7015 |
| Total non-current assets | 101 418 | 94 110 | 77 175 | 34 495 | 9310 | 1447 | 104 |
| Total assets | 187 466 | 469 017 | 421 632 | 237 979 | 13 121 | 8462 | 7119 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 109 080 | 147 875 | 117 334 | 36 770 | 0 | 0 | 0 |
| Non-current liabilities | 16 699 | 13 713 | 10 670 | 0 | 0 | 0 | 0 |
| Total liabilities | 125 779 | 161 588 | 128 004 | 36 770 | 0 | 0 | 0 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 59 187 | 304 929 | 291 128 | 198 709 | 10 621 | 5962 |
| Profit for the year | 59 187 | 245 742 | −13 801 | −92 419 | −188 088 | −4659 | −1343 |
| Total equity | 61 687 | 307 429 | 293 628 | 201 209 | 13 121 | 8462 | 7119 |
| Income statement | |||||||
| Sales revenue | 582 776 | 1 199 896 | 1 312 521 | 184 778 | 54 414 | 0 | 0 |
| Operating profit | 59 339 | 246 142 | −13 498 | −92 334 | −188 088 | −4660 | −1343 |
| EBITDA | 73 403 | 275 936 | 27 479 | −60 167 | −163 898 | 3203 | 0 |
| Profit before income tax | 59 187 | 245 742 | −13 801 | −92 419 | −188 088 | −4659 | −1343 |
| Profit for the reporting year | 59 187 | 245 742 | −13 801 | −92 419 | −188 088 | −4659 | −1343 |
| Labour costs | 392 230 | 609 079 | 881 153 | 81 259 | 1450 | 1649 | 0 |
| Depreciation of non-current assets | 14 064 | 29 794 | 40 977 | 32 167 | 24 190 | 7863 | 1343 |
| Other indicators | |||||||
| Employees | 12 | 18 | 23 | 6 | 1 | 1 | 0 |
| Calculated dividend | — | 0 | 0 | 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.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.