Timberstore OÜ

Registered
14997729Private limited company (OÜ)Founded 2020
Annual reports for 2024, 2025 not filed.

Key figures

69 294 €+47,4%
Revenue 2023
+129,5%
Average annual growth 2020–2023
025 k50 k75 k100 k2020202120222023

Ratios

2023

Summary: Timberstore OÜ

What kind of company is it?

Timberstore OÜ (registry code 14997729) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is agents in the sale of timber and building materials (EMTAK 46131). The company is registered for VAT (VAT number EE102267770).

How is the company doing financially?

Revenue in financial year 2023 was 69 294 €, up 47,4% on the previous year (47 020 €). From 2020 to 2023, revenue grew by an average of 130% per year. Financial year 2023 ended with a loss of 4572 €. The company was profitable in 1 of the 4 published financial years. According to the report, the company had no employees in financial year 2023.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 95 653 €, up 713% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1167 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Best Wood Invest OÜ.

What should you look out for?

2 annual reports have not been filed on time, the latest for financial year 2025. Equity was negative at the end of financial year 2023 (−42 234 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

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 2023) was filed on 02.07.2024. 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 202695 653 €11167 €
Q2 2026171 734 €11262 €
Q1 2026221 431 €11794 €
Q4 2025203 352 €111 521 €
Q3 202511 767 €11440 €
Q2 20253296 €11550 €
Q1 20251285 €11546 €

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

Summary of financial statements2020–2023
2020202120222023
Sales revenue573181 68247 02069 294
Net profit−65325874−39 504−4572
Retained earnings—−6532−658−40 162
Total assets21 872197 180189 344156 626
Total liabilities25 904195 338227 006198 860
Total equity−40321842−37 662−42 234
Employees1210
Average gross salary (monthly)—840381—
Calculated dividend—000

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 issue5 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
None
Consumer Disputes Committee (TTJA)
Annual report filing
1/3 filed
Not filed: 2024, 2025
Filed late: 2023
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Timberstore OÜBest Wood Invest OÜ8Henrik Kirsimäe
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 3650 € (2024). Largest grantors: Eesti Töötukassa (3650 €).

Show all aid records (1)
20243650 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3650 €18.06.2024

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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