Timbers OÜRegistered

16708288Private limited company (OÜ)Founded 2023

Key figures

208 392 €−52,9%
Revenue 2025
+11,7%
Average annual growth 2023–2025
0200 k400 k600 k202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202627 832 €—0 €
Q2 202630 126 €—0 €
Q1 202612 259 €—4369 €
Q4 202569 589 €14460 €
Q3 202519 061 €10 €
Q2 202583 361 €—0 €
Q1 2025123 864 €—0 €

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

Summary of financial statements2023–2025
202320242025
Balance sheet — assets
Total current assets18 46290 32115 976
Total non-current assets——52 356
Total assets18 46290 32168 332
Balance sheet — liabilities and equity
Current liabilities669757 81126 364
Non-current liabilities——26 717
Total liabilities669757 81153 081
Share capital250025002500
Retained earnings of previous periods—926530 010
Profit for the year926520 745−17 259
Total equity11 76532 51015 251
Income statement
Sales revenue167 151442 689208 392
Operating profit925120 738−16 457
EBITDA——−14 286
Profit before income tax926520 745−17 259
Profit for the reporting year926520 745−17 259
Labour costs——17 412
Depreciation of non-current assets——2171
Other indicators
Employees001
Calculated dividend—00

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Timbers OÜ4Allar Laak2Kelly Raud
CompanyPersonShareholderOther roleAdditional link

Public procurement

5 contracts

Public contracts won worth 0 € from 1 contracting authorities (10.03.2025–02.04.2026). Plus 5 framework agreements shared with other suppliers (not included in the total).

TenderContracting authorityAmountAwarded
Istutustööd Kagu piirkonnas 2026-2027 · Lääne - JõgevamaaRiigimetsa Majandamise Keskusup to 44 226 €02.04.2026
Istutustööd Kagu piirkonnas 2026-2027 · Ida - JõgevamaaRiigimetsa Majandamise Keskusup to 44 226 €02.04.2026
Istutustööd Kirde piirkonnas · Edela Ida-VirumaaRiigimetsa Majandamise Keskusup to 31 500 €23.04.2025
Istutustööd Edela piirkonnas · Lääne-SaaremaaRiigimetsa Majandamise Keskusup to 31 500 €10.03.2025
Istutustööd Edela piirkonnas · Ida-SaaremaaRiigimetsa Majandamise Keskusup to 31 500 €10.03.2025

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

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

Summary: Timbers OÜ

Overview

Timbers OÜ (registry code 16708288) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Jõgeva linn, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is silviculture and other forestry activities (EMTAK 02101). The company is registered for VAT (VAT number EE102603114).

Financial results

Revenue in financial year 2025 was 208 392 €, down 52,9% on the previous year (442 689 €). From 2023 to 2025, revenue grew by an average of 11,7% per year. Financial year 2025 ended with a loss of 17 259 €. The company was profitable in 2 of the 3 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 208 392 €. At the end of financial year 2025, total assets were 68 332 € and equity 15 251 € (22,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 1080 € per month.

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 27 832 €, up 46,0% on the same quarter a year earlier.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

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.

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