Tihuse OÜ

Registered
16711594Private limited company (OÜ)Founded 2023

Key figures

350 346 €+19,7%
Revenue 2025
+86,1%
Average annual growth 2023–2025
0100 k200 k300 k400 k202320242025

Ratios

2025

Summary: Tihuse OÜ

What kind of company is it?

Tihuse OÜ (registry code 16711594) 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: Hellamaa küla, Muhu vald, Saare maakond. According to the latest annual report, the main activity is amusement and recreation activities n.e.c. (EMTAK 93291). The company is registered for VAT (VAT number EE102604553).

How is the company doing financially?

Revenue in financial year 2025 was 350 346 €, up 19,7% on the previous year (292 727 €). From 2023 to 2025, revenue grew by an average of 86,1% per year. Net profit for financial year 2025 was 142 410 € (40,6% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 8 employees (6 a year earlier). Revenue per employee was 43 793 €. At the end of financial year 2025, total assets were 911 765 € and equity 871 903 € (95,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 163 723 €, down 15,0% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 28 022 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1980 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 2026163 723 €928 022 €
Q2 202651 310 €1413 392 €
Q1 202636 621 €912 828 €
Q4 202542 935 €922 725 €
Q3 2025192 643 €1225 702 €
Q2 202562 247 €1513 109 €
Q1 202543 029 €812 649 €

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.

Equity decreased by 76 500 € 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 statements2023–2025
202320242025
Sales revenue101 210292 727350 346
Net profit155 58451 877142 410
Retained earnings—151 058202 935
Total assets776 403844 017911 765
Total liabilities22 28738 02439 862
Total equity754 116805 993871 903
Employees668
Average gross salary (monthly)47018521506
Calculated dividend——0

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

Click a node to see its other connections.

50%50%Tihuse OÜ1Martin Kivisoo3Reedik Kivisoo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 13 753 € (2024–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (13 618 €), MTÜ Maakondlikud Arenduskeskused (94 €), Riigi Tugiteenuste Keskus (41 €).

Show all aid records (4)
202513 712 €
202441 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu4285 €04.06.2025
MTÜ Maakondlikud ArenduskeskusedMuu94 €25.03.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu9333 €10.01.2025
Riigi Tugiteenuste KeskusMuu41 €22.05.2024

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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