Timbeco Ehitus OÜ

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RegisteredHarju County

Registry code: 12127303
VAT number: EE101460879
Address: Harju maakond, Saku vald, Tõdva küla, Tõdva tee 41, 75508
Registered: 30.06.2011 · 15 yrs
Activity: Elamute ja mitteeluhoonete ehitus 41001
Capital: 9 300 €
Email: i•••@t•••.eeLog in to see
Phone: +372 5•• ••••Log in to see

Business Register 05.10.2026

Sales revenue2,6 m €+39%2025 annual report

Profit161 k €2025 annual report

Employees8Tax Board 2026 Q2

Average gross salary2 621 €estimate, Tax Board 2026 Q2

Labour taxes per quarter32 076 €Tax Board 2026 Q2

Cash495 k €Cash 31.12.2025, annual report

Tax debt0 €Tax Board debtor list 05.10.2026

Revenue 12 months2,2 m €-23%Tax Board, last 4 quarters

State taxes 12 months224 k €Tax Board, last 4 quarters

Tax debt since 26.09.2026 · ✓ no debt

Details ↓

Turnover by quarter · latest 613 tuh €

330 k807 k974 k696 k738 k509 k313 k613 k

III 24IV 24I 25II 25III 25IV 25I 26II 26

Chart ↓

Firmo rating

AAA

Excellent, very low risk

88 / 100 points

CBBBBBBAAAAAA

View credit report Report a debt How 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

RatingAA → AAA

In tax debt0 days since 26.09.2026

Revenue 12 months▼ 23% vs a year earlier

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Data

Board and owners

2 persons

Show persons' backgroundNumber of active companies, tax debt and bankruptcy. Facts, not an assessment.

Board 2
Ivar Mardim1 companyno tax debt	Personal ID ↗	30.06.2011
Kuido Karner3 companiesno tax debt	Personal ID ↗	30.06.2011
Shareholders 3
Ivar Mardim	46,0% 4 278 €	28.11.2023
Kuido Karner	44,0% 4 092 €	28.11.2023
Eero Nigumann	10,0% 930 €	28.11.2023
Beneficial owners 2
Ivar Mardim1 companyno tax debtdirect holding		19.10.2018
Kuido Karner3 companiesno tax debtdirect holding		19.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2

State taxes / revenue11,3%

Labour taxes / revenue5,2%

Revenue per employee per month25 543 €

Gross salary (estimate)2 621 €

Net salary (estimate)2 124 €

2026 Q2. Wage is estimated from employment taxes.

Build report

Quarter	Revenue	Change y/y	Labour taxes	State taxes	Employees
2026 Q2	613 032 €	▼ 12%	32 076 €	69 479 €	8
2026 Q1	313 031 €	▼ 68%	34 693 €	6 248 €	8
2025 Q4	509 097 €	▼ 37%	35 586 €	46 136 €	8
2025 Q3	737 932 €	▲ 123%	31 632 €	102 219 €	8
2025 Q2	696 064 €	▲ 108%	26 321 €	78 914 €	9
2025 Q1	974 474 €	▲ 240%	25 516 €	110 171 €	8
2024 Q4	806 818 €	▲ 43%	24 059 €	70 762 €	8
2024 Q3	330 463 €	▼ 42%	25 227 €	32 347 €	8
2024 Q2	333 908 €	▼ 27%	25 438 €	32 515 €	9
2024 Q1	286 288 €	▼ 67%	25 724 €	48 701 €	9
2023 Q4	563 192 €	▼ 63%	26 243 €	43 012 €	9
2023 Q3	567 473 €	▼ 59%	23 262 €	66 492 €	9

Show full history (18 quarters)

2023 Q2	458 153 €	▼ 76%	29 543 €	27 496 €	8
2023 Q1	863 886 €	▼ 50%	35 491 €	81 351 €	10
2022 Q4	1 522 259 €		37 831 €	41 852 €	10
2022 Q3	1 383 653 €		38 131 €	111 674 €	10
2022 Q2	1 893 311 €		39 023 €	79 328 €	11
2022 Q1	1 744 634 €		34 549 €	84 410 €	12

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

	2025		2024		2023		2022		2021
Sales revenue	2,6 m €	▲ 39%	1,9 m €	▼ 14%	2,2 m €	▼ 65%	6,2 m €	▼ 7%	6,6 m €
Profit	161 k €	▲ 53%	105 k €	▲ 36%	77 636 €	▼ 17%	93 668 €	▲ into profit	-227 k €
Profit margin	6,2%		5,7%		3,6%		1,5%		-3,4%
Retained earnings	172 k €	▲ 19%	145 k €	▲ 116%	66 930 €	▲ into profit	-26 738 €	▼ into loss	200 k €
Cash	495 k €	▲ 27%	390 k €	▼ 25%	518 k €	▲ 15×	34 132 €	▼ 22%	43 934 €
Current assets	726 k €	▲ 1%	718 k €	0%	718 k €	▲ 28%	561 k €	▼ 60%	1,4 m €
Fixed assets	23 165 €	▲ 437%	4 312 €	▼ 91%	50 511 €	▼ 10%	55 871 €	▼ 67%	167 k €
Assets	749 k €	▲ 4%	722 k €	▼ 6%	768 k €	▲ 25%	616 k €	▼ 61%	1,6 m €
Current liabilities	407 k €	▼ 12%	463 k €	▼ 17%	559 k €	▲ 15%	485 k €	▼ 69%	1,5 m €
Long-term liabilities	—		—		—		0 €	▼ 100%	40 000 €
Total liabilities	407 k €	▼ 12%	463 k €	▼ 17%	559 k €	▲ 15%	485 k €	▼ 69%	1,6 m €
Equity	342 k €	▲ 32%	259 k €	▲ 24%	209 k €	▲ 59%	131 k €	▲ into profit	-2 438 €
Labour costs	-302 k €	▼ 20%	-253 k €	▲ 3%	-262 k €	▲ 29%	-371 k €	▼ 20%	-310 k €
Employees	10	▼ 9%	11	0%	11	▼ 21%	14	▲ 8%	13
Filed	25.06.2026		27.06.2025		05.06.2024		28.04.2023		07.10.2022
Report	PDF ↓		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

Activity	EMTAK	Sales revenue	Osa
Elamute ja mitteeluhoonete ehitus main activity	41001	2 589 667 €	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

572 € makseid

Transactions with state institutions

2026372 €

2024200 €

Largest payers

Tallinna Tehnikaülikool

572 €

All payments by month

Month	Payer	Type	Field	Amount
05.2026	Tallinna Tehnikaülikool	Operating costs	Täiskasvanute täienduskoolitus	372 €
04.2024	Tallinna Tehnikaülikool	Operating costs	Teadus- ja arendustegevus hariduses	200 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

No holdings in other companies

Companies linked via the board

Mittetulundusühing Kose AMKKuido Karner11 877 €A Krei küla tehnovõrgudKuido Karner1 350 €A

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Elamute ja mitteeluhoonete ehitus

#	Company	Revenue
1	Osaühing Mapri Ehitus	148,5 m €
2	Aktsiaselts Merko Ehitus Eesti	132,7 m €
3	OÜ NOBE	121,5 m €
4	Nordecon AS	106,1 m €
5	OÜ Ehitustrust	69,2 m €
6	Embach Ehitus OÜ	65,4 m €
7	aktsiaselts EHITUSFIRMA RAND JA TUULBERG	59,2 m €
8	OÜ Fund Ehitus	51,1 m €
9	Mitt & Perlebach OÜ	46,6 m €
10	OÜ Metropoli Ehitus	46,5 m €
11	OÜ Tallinna Ehitustrust	45,6 m €
12	Kodumaja AS	44,2 m €
13	AS MARU EHITUS	35,2 m €
14	BILDGREN Ehitus OÜ	34,0 m €
15	Ehitus5ECO OÜ	32,9 m €
16	OÜ Nordlin Ehitus	32,5 m €
17	OÜ BauEst	30,9 m €
18	OÜ Kaamos Ehitus	30,4 m €
19	osaühing VANALINNA EHITUS	28,3 m €
20	Eventus Ehitus OÜ	28,2 m €

Timbeco Ehitus OÜ: place 149 /6433

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

Tegevusload

2 records

Activity licences (MTR and environmental)

Field	Licence number	Valid from
Ehitamine	EEH005695	04.07.2011
Projekteerimine	EEP002213	04.07.2011

History and notices

Date	Type	Content
28.11.2023	Entry	Amendment entry
02.09.2023	Entry	Amendment entry
01.07.2022	Entry	Amendment entry
30.06.2022	Entry	Amendment entry
08.08.2018	Entry	Amendment entry
04.07.2018	Entry	Amendment entry
19.06.2018	Entry	Amendment entry
17.01.2018	Entry	Amendment entry
31.08.2016	Entry	Amendment entry
13.03.2014	Entry	Amendment entry
06.03.2014	Order to remedy deficiencies	Amendment entry
26.02.2014	Order to remedy deficiencies	Amendment entry
30.06.2011	Entry	First entry
16.06.2011	Order to remedy deficiencies	First entry