Thörn Houses OÜ

Registered
14986915Private limited company (OÜ)Founded 2020

Key figures

5 833 035 €+65,8%
Revenue 2025
+102,0%
Average annual growth 2020–2025
02 m4 m6 m202020212022202320242025

Ratios

2025

Summary: Thörn Houses OÜ

What kind of company is it?

Thörn Houses OÜ (registry code 14986915) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Püha küla, Saue vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102264003).

How is the company doing financially?

Revenue in financial year 2025 was 5 833 035 €, up 65,8% on the previous year (3 518 424 €). From 2020 to 2025, revenue grew by an average of 102% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 10 396 € (0,2% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 21 employees (11 a year earlier). Revenue per employee was 277 764 €. At the end of financial year 2025, total assets were 999 106 € and equity 355 451 € (35,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 1 756 450 €, up 15,6% on the same quarter a year earlier. The company had 22 employees in that quarter. Labour taxes paid in the quarter: 66 529 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1930 € 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.

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
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 756 450 €2266 529 €
Q2 20262 342 436 €2575 976 €
Q1 20261 706 620 €2776 774 €
Q4 20251 921 062 €2972 700 €
Q3 20251 519 463 €2653 127 €
Q2 20251 242 440 €2046 634 €
Q1 2025974 949 €2132 366 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20231800 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue871 3721 245 9922 332 8203 518 4245 833 035
Net profit69 70081 226106 87546 81510 396
Retained earnings39 739109 439188 865295 740342 555
Total assets202 441495 010512 690893 174999 106
Total liabilities93 002304 345216 950548 119643 655
Total equity109 439190 665295 740345 055355 451
Employees5891121
Average gross salary (monthly)4581385130015761731
Calculated dividend—0180000

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 obligations1 note1 for information5 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
1 decision
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2024
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

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100%Thörn Houses OÜ7Rasmus SarapuuRuth Sarapuu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 25 555 € (2024–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (22 613 €), Eesti Töötukassa (2942 €).

Show all aid records (2)
20252942 €
202422 613 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2942 €16.02.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu22 613 €16.10.2024

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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