Time/system International AS

Registered
16287860Public limited company (AS)Founded 2021

Key figures

1 327 641 €−13,6%
Revenue 2025
+23,4%
Average annual growth 2021/22–2025
01 m2 m3 m4 m2021/22202320242025

Ratios

2025

Summary: Time/system International AS

What kind of company is it?

Time/system International AS (registry code 16287860) is a public limited company (AS). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Tabasalu alevik, Harku vald, Harju maakond. According to the latest annual report, the main activity is agents specialised in the sale of other particular products (EMTAK 46181). The company is registered for VAT (VAT number EE102399282).

How is the company doing financially?

Revenue in financial year 2025 was 1 327 641 €, down 13,6% on the previous year (1 537 387 €). From 2021/22 to 2025, revenue grew by an average of 23,4% per year. Net profit for financial year 2025 was 68 804 € (5,2% of revenue). The company was profitable in all 4 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 357 919 € and equity 357 919 € (100% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 666 112 €, down 8,5% on the same quarter a year earlier.

Who runs the company and who owns it?

The company has one management board member. The supervisory board has 3 members. 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 24.06.2026. 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 2026666 112 €——
Q2 202689 562 €——
Q1 202688 797 €——
Q4 2025381 703 €——
Q3 2025727 723 €——
Q2 2025121 969 €——
Q1 202590 703 €——

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

Summary of financial statements2022–2025
2021/22202320242025
Sales revenue706 2423 067 9721 537 3871 327 641
Net profit69 374117 92876 81368 804
Retained earnings—69 374187 302264 115
Total assets404 966443 753442 649357 919
Total liabilities310 592231 451153 5340
Total equity94 374212 302289 115357 919
Employees0000
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 obligationsAll 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
3/3 filed
All on time
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%Time/system Internati…3Ari Kalervo HoikkalaAleksi Ilari Hoikkala3Erik LaidoNiko Akseli Hoikkala
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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