ETENRU
RegisteredHarju County
Registry code
10226113
VAT number
EE100436118
Address
Harju maakond, Rae vald, Koplimetsa küla, Veldi tee 5, 75325
Registered
04.07.1997 · 29 yrs
Activity
Manufacture of electric lighting equipment 27401
Capital
5 240 €
Email
i•••@i•••.eeLog in to see
Phone
+372 5•• ••••Log in to see
Website
https://www.inkwell.ee
Business Register 05.10.2026
Sales revenue2,0 m €+27%2025 annual report
Profit7 337 €2025 annual report
Employees21Tax Board 2026 Q2
Average gross salary2 714 €estimate, Tax Board 2026 Q2
Labour taxes per quarter87 188 €Tax Board 2026 Q2
Cash81 939 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months2,2 m €+21%Tax Board, last 4 quarters
State taxes 12 months309 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 670 tuh €
376 k431 k430 k578 k533 k505 k492 k670 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
73 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → AA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 21% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Martin Tiitson1 companyno tax debtPersonal ID ↗07.11.2017
Peedu Tiitson1 companyno tax debtPersonal ID ↗04.07.1997
Shareholders 1
Martin Tiitson100,0% 5 240 €01.09.2023

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue12,2%
Labour taxes / revenue13,0%
Revenue per employee per month10 629 €
Gross salary (estimate)2 714 €
Net salary (estimate)2 194 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2669 615 €▲ 16%87 188 €81 996 €21
2026 Q1492 061 €▲ 14%73 678 €68 719 €20
2025 Q4505 379 €▲ 17%84 003 €79 711 €20
2025 Q3532 978 €▲ 42%82 343 €78 539 €19
2025 Q2578 152 €▲ 14%75 993 €71 861 €20
2025 Q1430 102 €▲ 42%71 745 €68 009 €19
2024 Q4430 879 €▲ 34%75 767 €72 002 €20
2024 Q3375 939 €▲ 55%36 318 €39 063 €19
2024 Q2506 402 €▲ 89%60 240 €59 824 €16
2024 Q1303 580 €▼ 18%53 283 €51 486 €15
2023 Q4320 711 €▼ 42%50 728 €48 585 €14
2023 Q3242 645 €▼ 40%50 532 €48 806 €12
Show full history (18 quarters)
2023 Q2268 340 €▼ 54%50 641 €48 237 €13
2023 Q1372 458 €▼ 22%77 934 €75 424 €12
2022 Q4548 796 €64 278 €61 094 €17
2022 Q3404 764 €62 355 €60 522 €18
2022 Q2580 777 €58 114 €54 924 €19
2022 Q1476 771 €52 179 €49 222 €18

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue2,0 m €▲ 27%1,6 m €▲ 40%1,1 m €▼ 44%2,0 m €▲ 31%1,5 m €
Profit7 337 €▲ into profit-81 686 €▼ 109%-39 112 €▼ into loss120 k €▼ 1%122 k €
Profit margin0,4%-5,2%-3,5%6,0%8,0%
Retained earnings155 k €▼ 34%237 k €▼ 14%276 k €▲ 77%156 k €▲ 354%34 370 €
Cash81 939 €▲ 235%24 431 €▼ 24%32 138 €▼ 81%167 k €▲ 122%75 207 €
Current assets235 k €▲ 7%218 k €▲ 158%84 822 €▼ 65%240 k €▲ 39%173 k €
Fixed assets362 k €▼ 7%388 k €▼ 11%438 k €▲ 57%279 k €▲ 58%176 k €
Assets597 k €▼ 2%607 k €▲ 16%523 k €▲ 1%519 k €▲ 49%349 k €
Current liabilities415 k €▼ 3%428 k €▲ 65%260 k €▲ 16%224 k €▲ 26%177 k €
Long-term liabilities13 977 €▼ 22%18 026 €▼ 13%20 769 €▲ 53%13 552 €▲ 27%10 638 €
Total liabilities429 k €▼ 4%446 k €▲ 59%281 k €▲ 18%238 k €▲ 26%188 k €
Equity168 k €▲ 5%160 k €▼ 34%242 k €▼ 14%281 k €▲ 74%161 k €
Labour costs-722 k €▼ 14%-632 k €▼ 24%-510 k €▲ 22%-651 k €▼ 71%-381 k €
Employees19▲ 12%17▲ 42%12▼ 20%15▼ 12%17
Filed30.06.202616.06.202504.07.202404.07.202329.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Manufacture of electric lighting equipment main activity274011 990 307 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

27 022 € makseid

Transactions with state institutions

2026976 €
202515 966 €
20247 581 €
20232 500 €

Largest payers

AS Tallinna Linnatransport13 197 €
TTÜ Spordiklubi3 586 €
Eesti Töötukassa2 500 €
Eesti Rahvusringhääling2 417 €
Tallinna Lasteaed Vikerkaar1 986 €
All payments by month
MonthPayerTypeFieldAmount
02.2026Eesti RahvusringhäälingOperating costsBroadcasting and publishing services976 €
12.2025Eesti RahvusringhäälingOperating costsBroadcasting and publishing services1 441 €
10.2025SA Eesti VabaõhumuuseumOperating costsMuseums1 328 €
07.2025AS Tallinna LinnatransportOperating costsPublic transport organisation13 197 €
10.2024TTÜ SpordiklubiOperating costsSport3 586 €
10.2024Rahvusooper EstoniaOperating costsTheatres1 055 €
09.2024Noarootsi GümnaasiumOperating costsBasic and general secondary education375 €
07.2024Tallinna Lasteaed VikerkaarOperating costsPre-school education1 986 €
06.2024SA Eesti VabaõhumuuseumOperating costsMuseums578 €
05.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed500 €
04.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed500 €
03.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed500 €
02.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed500 €
01.2023Eesti TöötukassaMuud toetusedSocial protection of the unemployed500 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

0

No linked companies found

Top 20 in activity: Manufacture of electric lighting equipment

20
#CompanyRevenue
1aktsiaselts Adamlights4,7 m €
2AS Pedrobeat4,7 m €
3TAKTON OÜ2,2 m €
4Inkwell Design OÜ2,0 m €
5Luminec OÜ2,0 m €
6ROSAVERDE OÜ1,4 m €
7Osaühing Liisbet Tukat982 k €
8JAA Disaini OÜ925 k €
9KALKLIGHT OÜ525 k €
104ROOM OÜ439 k €
11ID-Technology Est OÜ381 k €
12OÜ Keha3364 k €
13Osaühing Seos Valgustus263 k €
14Osaühing GREMYLUX247 k €
15Digital Property OÜ180 k €
16Neoonreklaam OÜ113 k €
17OverLED OÜ77 929 €
18OSAÜHING LEETBERGI GRUPP65 535 €
19LAKALUK OÜ54 992 €
20SERLONEX INVEST OÜ39 156 €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Pandid, domeenid

2 records

Commercial pledges

NumberPandipidajaAmountSince
1Swedbank AS52 000 €07.12.2023

Domains

DomainSource
inkwell.eeBusiness Register

History and notices

11
DateTypeContent
17.06.2025EntryAmendment entry
14.10.2024EntryAmendment entry
07.12.2023EntryKommertspandi avamiskanne
01.09.2023EntryAmendment entry
08.02.2018EntryAmendment entry
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
04.09.2014EntryAmendment entry
06.06.2014EntryAmendment entry
29.12.2011EntryAmendment entry
30.06.2010Tegevusalade kustutamine registrikaardiltAmendment entry