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aktsiaselts TREF

Legal form:

Public limited company

Registry code:

10080052

VAT no.:

EE100016583

Fiscal-year period:

01.01 - 31.12

Established:

25.10.1996 (29)

Capital:

25 949,70 EUR

Address:

Teguri tn 55, Tartu linn, Tartu linn, Tartu maakond, 50107

Status:

Registered

Contacts

Email:

moonika@tref.ee

Phone:

+372 5062449

Industries

MANUFACTURING
Manufacture of other non-metallic mineral products
Manufacture of abrasive products and other non-metallic mineral products n.e.c.
23991 - Manufacture of other non-metallic mineral products n.e.c.
CONSTRUCTION
Construction of civil engineering projects
Construction of roads and rail tracks
42111 - Construction of roads and motorways
REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate

VAT liability

	Start	End
EE100016583	01.01.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	30.06.2024	Valid
2022	01.01.2022 - 31.12.2022	30.06.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	30.06.2021	Valid
2019	01.01.2019 - 31.12.2019	16.10.2020	Valid
2018	01.01.2018 - 31.12.2018	01.07.2019	Valid
2017	01.01.2017 - 31.12.2017	29.06.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	30.06.2016	Valid
2014	01.01.2014 - 31.12.2014	30.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	29.07.2013	Valid
2011	01.01.2011 - 31.12.2011	29.06.2012	Valid
2010	01.01.2010 - 31.12.2010	29.06.2011	Valid
2009	01.01.2009 - 31.12.2009	29.06.2010	Valid
2008	01.01.2008 - 31.12.2008	03.06.2009	Valid
2007	01.01.2007 - 31.12.2007	25.06.2008	Valid
2006	01.01.2006 - 31.12.2006	18.06.2007	Valid
2005	01.01.2005 - 31.12.2005	22.05.2006	Valid
2004	01.01.2004 - 31.12.2004	16.05.2005	Valid
2003	01.01.2003 - 31.12.2003	10.05.2004	Valid
2002	01.01.2002 - 31.12.2002	09.06.2003	Valid
2001	01.01.2001 - 31.12.2001	20.05.2002	Valid
2000	01.01.2000 - 31.12.2000	05.06.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	305 317 €	209 089 €	1 785 825 €76.1%	51
Kokku 2026:	305 317 €	209 089 €	1 785 825 €
2025 Q4	699 725 €	283 110 €	7 476 030 €10.9%	51
2025 Q3	740 686 €	351 472 €	8 389 545 €95.6%	54
2025 Q2	284 199 €	196 430 €	4 289 234 €262.2%	56
2025 Q1	330 905 €	253 349 €	1 184 218 €81.4%	51
Kokku 2025:	2 055 515 €	1 084 361 €	21 339 027 €11.0%
2024 Q4	780 012 €	264 526 €	6 361 489 €14.2%	51
2024 Q3	594 943 €	315 612 €	7 417 522 €92.2%	56
2024 Q2	289 883 €	174 545 €	3 859 941 €143.7%	61
2024 Q1	389 660 €	211 493 €	1 583 632 €73.5%	51
Kokku 2024:	2 054 498 €	966 176 €	19 222 584 €43.3%
2023 Q4	760 943 €	278 824 €	5 970 173 €10.3%	54
2023 Q3	408 273 €	307 523 €	5 412 631 €255.2%	61
2023 Q2	160 227 €	169 218 €	1 523 689 €198.0%	63
2023 Q1	285 499 €	229 191 €	511 280 €93.4%	63
Kokku 2023:	1 614 941 €	984 756 €	13 417 773 €38.1%
2022 Q4	981 386 €	277 250 €	7 695 798 €15.2%	64
2022 Q3	557 290 €	286 773 €	9 070 617 €340.4%	76
2022 Q2	175 927 €	185 102 €	2 059 703 €28.1%	79
2022 Q1	730 000 €	223 396 €	2 864 110 €70.7%	64
Kokku 2022:	2 444 603 €	972 520 €	21 690 227 €6.3%
2021 Q4	751 719 €	272 886 €	9 784 936 €1.8%	65
2021 Q3	348 209 €	286 383 €	9 614 295 €466.0%	75
2021 Q2	187 372 €	197 645 €	1 698 663 €17.5%	80
2021 Q1	465 054 €	191 952 €	2 058 677 €70.7%	73
Kokku 2021:	1 752 354 €	948 866 €	23 156 572 €36.5%
2020 Q4	798 799 €	254 616 €	7 014 777 €42.6%	72
2020 Q3	349 284 €	264 154 €	4 920 578 €234.2%	85
2020 Q2	146 716 €	138 008 €	1 472 472 €58.6%	83
2020 Q1	732 888 €	195 347 €	3 557 087 €32.3%	73
Kokku 2020:	2 027 687 €	852 125 €	16 964 914 €19.4%
2019 Q4	323 478 €	234 353 €	5 255 479 €24.3%	80
2019 Q3	453 223 €	239 912 €	6 938 562 €449.0%	97
2019 Q2	164 240 €	160 430 €	1 263 755 €68.1%	93
2019 Q1	235 335 €	158 193 €	751 935 €89.0%	80
Kokku 2019:	1 176 276 €	792 888 €	14 209 731 €15.3%
2018 Q4	752 702 €	232 465 €	6 863 396 €7.4%	78
2018 Q3	353 595 €	247 466 €	6 388 712 €250.6%	93
2018 Q2	164 458 €	167 305 €	1 821 967 €6.6%	101
2018 Q1	452 635 €	150 290 €	1 708 625 €79.3%	81
Kokku 2018:	1 723 390 €	797 526 €	16 782 700 €17.7%
2017 Q4	693 000 €	235 583 €	8 266 502 €2.3%	83
2017 Q3	219 981 €	234 653 €	8 078 326 €217.2%	100
2017 Q2	346 655 €	181 214 €	2 546 745 €70.0%	112
2017 Q1	196 869 €	140 688 €	1 498 346 €68.9%	79
Kokku 2017:	1 456 505 €	792 138 €	20 389 919 €35.6%
2016 Q4	510 868 €	243 133 €	4 810 945 €3.3%	85
2016 Q3	562 821 €	235 279 €	4 655 536 €51.2%	85
2016 Q2	190 032 €	155 584 €	3 078 592 €23.3%	85
2016 Q1	124 854 €	126 173 €	2 496 630 €46.4%	85
Kokku 2016:	1 388 575 €	760 169 €	15 041 703 €3.2%
2015 Q4	520 670 €	218 406 €	4 662 210 €7.5%	182
2015 Q3	593 076 €	203 084 €	4 335 142 €70.7%	182
2015 Q2	115 416 €	119 002 €	2 540 287 €16.3%	182
2015 Q1	138 937 €	142 258 €	3 036 710 €	182
Kokku 2015:	1 368 099 €	682 750 €	14 574 349 €

Revenue by industry

	2022	2023	2024
Construction of roads and motorways	10 610 978 €	9 606 852 €	11 943 520 €
Manufacture of other non-metallic mineral products n.e.c.	7 909 163 €	3 741 872 €	5 917 033 €
Renting and operating of own or leased real estate	358 113 €	572 769 €	345 814 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Andres Gailit	35508XXXXXX	07.08.1955 (70)	Board member	25.10.1996	-

3 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Andres Bachmann	35508XXXXXX	14.08.1955 (70)	Shareholder	5 688,90 EUR	21,92	Sole ownership	05.12.2025	-
Andres Gailit	35508XXXXXX	07.08.1955 (70)	Shareholder	7 049,70 EUR	27,17	Sole ownership	05.12.2025	-
Guido Kruusmaa	35205XXXXXX	06.05.1952 (74)	Shareholder	4 145,40 EUR	15,97	Sole ownership	05.12.2025	-
MEREKARU OÜ	-	28.01.2005 (21)	Shareholder	4 309,20 EUR	16,61	Sole ownership	05.12.2025	-
osaühing VALDI-FILLER	-	17.09.1998 (27)	Shareholder	3 364,20 EUR	12,96	Sole ownership	05.12.2025	-

66 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Moonika Sammelselg	46509XXXXXX	29.09.1965 (60)	Supervisory-board member	08.06.2023	-
Andres Bachmann	35508XXXXXX	14.08.1955 (70)	Supervisory-board member	08.06.2023	-
Guido Kruusmaa	35205XXXXXX	06.05.1952 (74)	Supervisory-board member	08.06.2023	-
Lihtsalt Teenused OÜ	-	-	Audit firm	19.10.2020	-

16 inactive record hidden, extended access to the information portal is required to view history!

1 - 4 / 4 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Andres Gailit	35508XXXXXX	07.08.1955 (70)	Direct holding	26.10.2018	-

1 - 1 / 1 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
OÜ Kaltsiit	10.05.1996	Shareholder	25 940,00 EUR	100	Sole ownership	25.06.2025	-
TREF Projektijuhtimine OÜ	09.02.2021	Shareholder	2 250,00 EUR	90	Sole ownership	02.09.2023	-
Aktsiaselts TREF Nord	30.05.1997	Shareholder	82 318,20 EUR	80	Sole ownership	05.12.2025	-
aktsiaselts IKODOR	29.02.1996	Shareholder	107 100,00 EUR	44,74	Sole ownership	05.12.2025	-
Osaühing Ropka Betoon	02.09.1997	Shareholder	7 680,00 EUR	30	Sole ownership	05.12.2025	-

17 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

2026 Q1

Turnover

Amount

1 785 825 €

Monthly average

595 275 €

Per employee

11 672 €

Equity ratio

2 293,96%

Labour taxes

Turnover ratio

11,71%

Tax ratio

68,48%

Monthly average

69 696 €

Per employee

1 367 €

State taxes

Monthly average

101 772 €

Turnover ratio

17,10%

Estimated salary

Gross salary

2 543 €

Net salary

2 036 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	25 463 804 €18.6%	21 462 864 €11.9%	19 187 520 €6.2%	20 452 884 €5.5%	19 380 284 €2.7%	19 920 792 €
Non-current assets	13 177 690 €9.2%	14 505 888 €4.4%	13 893 573 €0.8%	14 005 676 €23.8%	11 315 648 €6.6%	10 612 023 €
Total assets	38 641 496 €7.4%	35 968 752 €8.7%	33 081 092 €4.0%	34 458 560 €12.3%	30 695 932 €0.5%	30 532 816 €
Short-term liabilities	8 851 955 €5.2%	8 410 718 €46.5%	5 741 173 €20.5%	7 224 889 €42.8%	5 058 912 €15.6%	5 995 816 €
Long-term liabilities	492 908 €4.1%	513 835 €27.5%	708 533 €1.4%	718 576 €21.8%	590 034 €34.8%	905 329 €
Total liabilities	9 344 863 €4.7%	8 924 553 €38.4%	6 449 706 €18.8%	7 943 465 €40.6%	5 648 946 €18.1%	6 901 145 €
Share or stock capital	25 950 €	25 950 €	25 950 €	25 950 €	25 950 €	25 950 €
Retained earnings	25 903 916 €0.6%	25 754 447 €1.9%	25 276 751 €5.4%	23 970 699 €4.9%	22 846 494 €1.3%	23 150 607 €
Net profit	3 366 766 €166.4%	1 263 801 €4.9%	1 328 685 €47.2%	2 518 445 €15.8%	2 174 544 €377.8%	455 115 €
Equity	29 296 632 €8.3%	27 044 198 €1.6%	26 631 386 €0.4%	26 515 094 €5.9%	25 046 988 €6.0%	23 631 672 €
Turnover	71 256 480 €45.8%	48 857 360 €16.6%	58 547 028 €0.2%	58 668 984 €38.4%	42 395 784 €2.6%	43 548 056 €
Profit margin	4.72%82.7%	2.59%14.0%	2.27%47.1%	4.29%16.3%	5.13%390.8%	1.05%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	N AYA MLR	QSD WLM	U HDJ OWV	716 467	892 205
Liquidity
Current ratio	FB.H	D.U	ON.Z	3.5	5.7
Quick ratio	KS.O	D.C	OD.I	3.3	5.3
Cash ratio	F.T	R.U	E.E	2.4	3.6
Efficiency
Days sales outstanding (dso)	RJ.G	DZ.U	KB.P	45.4	79.2
Asset turnover	G.U	C.B	O.D	1.3	1.1
Structure
Debt ratio	J.A	D.E	L.I	0.2	0.1
Profitability
Operating margin	T.J%	-I.F%	Y.L%	-0.4%	1.9%
Net profit margin	NY.O%	K.U%	H.T%	4.9%	7.3%
Return on assets (roa)	KH.A%	J.S%	TU.U%	6.6%	7.7%
Return on equity (roe)	ON.J%	B.F%	QW.E%	7.8%	8.8%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EEH008526	- > Construction	Valid	21.08.2023	-
Notice of economic activity	ETK000361	- > Maintenance of public roads	Valid	09.11.2020	-
License	SLM18/2321	Frequency licences > Joint frequency licence	Valid	23.04.2018	22.04.2023
Notice of economic activity	EEP003296	- > Design / engineering	Valid	28.10.2013	-
Notice of economic activity	EPE001004	- > Expert assessment of a construction project	Valid	28.10.2013	-

1 - 5 / 7 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 20001281 / 19	10.10.2019	Entry - Amendment entry under CRA § 525 (2)		Entered into force (10.10.2019)
Ä 20001281 / M7	01.06.2018	Order to remedy deficiencies for correcting extra-entry data	16.06.2018	Deficiencies remedied (01.06.2018)
Ä 20001281 / 18	17.01.2018	Entry - Amendment entry		Entered into force (17.01.2018)
Ä 20001281 / 17	22.12.2017	Entry - Amendment entry		Entered into force (22.12.2017)
Ä 20001281 / 16	03.12.2017	Entry - Amendment entry		Entered into force (03.12.2017)

1 - 5 / 21 rows

Real estate

Address	Area	Purpose
Asfaldi tn 8, Ahtme linnaosa, Kohtla-Järve linn, Ida-Viru maakond	38997 m²	Industrial land 100%
Nelsoni, Utessuu küla, Rõuge vald, Võru maakond	31938 m²	Mining-industry land 100%
Teguri tn 55, Tartu linn, Tartu linn, Tartu maakond	157994 m²	Industrial land 100%

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-22-11226/52	Civil case	Court ruling (Compromise ruling)	Law of obligations	Gerty Pau	ECLI:EE:TMK:2024:2.22.11226.17240	29.10.2024
2-17-12910/89	Civil case	Court ruling		Andra Pärsimägi, Triin Uusen-Nacke, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2021:2.17.12910.13988	06.07.2021
2-17-12910/83	Civil case	Court ruling	Law of obligations	Tarmo Tina	ECLI:EE:VMK:2021:2.17.12910.14484	09.03.2021
2-17-12910/76	Civil case	Court judgment	Law of obligations	Üllar Roostoja, Triin Uusen-Nacke, Viivi Tomson	ECLI:EE:TRRK:2020:2.17.12910.9539	16.03.2020
2-17-12910/64	Civil case	Court judgment	Law of obligations	Kai Kullerkupp, Üllar Roostoja, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2019:2.17.12910.26856	29.03.2019

1 - 5 / 14 rows

Official announcements

Subject	Date
Notice of granting or refusal of an environmental permit	19.12.2025
Notice of disclosure of the draft environmental permit	03.12.2025
Notice of decision not to initiate environmental-impact assessment	06.11.2025
Notice of initiation of proceedings for an environmental permit	16.04.2024
Notice of granting or refusal of an environmental permit	12.03.2024

1 - 5 / 38 rows

Public transactions

Date	Party	Amount	Classification
24.04.2026	Tartu Ülikool	500.59 € Received	OPERATING EXPENSES Tertiary education
23.04.2026	Jõhvi Vallavalitsus	450.86 € Received	OPERATING EXPENSES Road transport
16.04.2026	Tartu Linnavalitsus	791 892.88 € Received	NON-CURRENT ASSETS Road transport
10.04.2026	Jõhvi Vallavalitsus	900.54 € Received	OPERATING EXPENSES Road transport
10.04.2026	OÜ Ülenurme Teed	362.82 € Received	OPERATING EXPENSES Cleaning of public areas

1 - 5 / 472 rows

.ee domains

Domain	Status	Registered	Expires	End
tref.ee	Active	04.07.2010	16.11.2034	-

1 - 1 / 1 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders