Tiiton OÜ
RegisteredKey figures
Ratios
2022Summary: Tiiton OÜ
What kind of company is it?
Tiiton OÜ (registry code 14858910) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Tilga küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41201).
How is the company doing financially?
Revenue in financial year 2022 was 57 929 €, down 48,5% on the previous year (112 441 €). From 2019/20 to 2022, revenue grew by an average of 21,2% per year. Financial year 2022 ended with a loss of 648 €. The company was profitable in 2 of the 3 published financial years. In financial year 2022 the company had 1 employees (3 a year earlier). Revenue per employee was 57 929 €. At the end of financial year 2022, total assets were 23 221 € and equity 1646 € (7,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 380 € 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?
3 annual reports have not been filed on time, the latest for financial year 2025.
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 2022) was filed on 03.07.2023. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Dividends
calculatedDistributed as dividends 2000 € (47% of distributable profit).
In addition, equity decreased by 500 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2020–2022
| 2019/20 | 2021 | 2022 | |
|---|---|---|---|
| Sales revenue | 39 450 | 112 441 | 57 929 |
| Net profit | 2048 | 2246 | −648 |
| Retained earnings | — | 2048 | 2294 |
| Total assets | 12 909 | 29 228 | 23 221 |
| Total liabilities | 10 861 | 24 434 | 21 575 |
| Total equity | 2048 | 4794 | 1646 |
| Employees | 1 | 3 | 1 |
| Average gross salary (monthly) | 963 | 600 | 383 |
| Calculated dividend | — | — | 2000 |
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 issues1 for information4 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.