TB Works Osaühing

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	20.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	01.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	16.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	22.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	17.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	22.03.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	03.04.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	05.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.03.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	09.04.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	26.03.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	18.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	29.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	16.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	27.11.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	22.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	28.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	29.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	29.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	26.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	26.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	30.05.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions4 Official announcements7 TTJA decisions–Real estate15 .ee domains2 Licenses1 Regulations26 Public transactions83 Grants6 State aid83 Public procurement2 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	366 895 €	383 025 €	4,75 M €−9,8%	95
2026 Q2	443 583 €	379 628 €	5,27 M €+21,5%	97
2026 Q1	401 720 €	408 573 €	4,33 M €−29,6%	101
Total 2026:	1,21 M €	1,17 M €	14,4 M €
2025 Q4	328 211 €	424 677 €	6,16 M €+42,3%	101
2025 Q3	392 807 €	415 077 €	4,33 M €−3,8%	105
2025 Q2	354 715 €	373 842 €	4,50 M €+8,8%	108
2025 Q1	374 728 €	376 698 €	4,13 M €−10,2%	102
Total 2025:	1,45 M €	1,59 M €	19,1 M €
2024 Q4	347 414 €	365 248 €	4,60 M €+17,5%	98
2024 Q3	375 726 €	391 629 €	3,91 M €−35,0%	102
2024 Q2	347 212 €	365 207 €	6,02 M €+16,3%	111
2024 Q1	366 563 €	386 354 €	5,18 M €−5,2%	102
Total 2024:	1,44 M €	1,51 M €	19,7 M €
2023 Q4	317 034 €	333 181 €	5,46 M €+16,6%	102
2023 Q3	312 665 €	329 842 €	4,68 M €−18,6%	101
2023 Q2	283 533 €	299 023 €	5,76 M €+9,6%	102
2023 Q1	327 165 €	321 840 €	5,25 M €−5,4%	99
Total 2023:	1,24 M €	1,28 M €	21,2 M €
2022 Q4	274 814 €	288 835 €	5,56 M €+3,7%	100
2022 Q3	335 379 €	319 495 €	5,36 M €−9,5%	100
2022 Q2	265 501 €	280 235 €	5,92 M €+24,5%	100
2022 Q1	278 786 €	293 039 €	4,75 M €−7,8%	106
Total 2022:	1,15 M €	1,18 M €	21,6 M €
2021 Q4	262 914 €	276 893,51 €	5,16 M €+21,5%	111
2021 Q3	315 909,90 €	325 987,24 €	4,24 M €−10,2%	123
2021 Q2	366 579,81 €	287 702,19 €	4,72 M €+25,0%	123
2021 Q1	208 991,95 €	222 301,20 €	3,78 M €−4,0%	130
Total 2021:	1,15 M €	1,11 M €	17,9 M €
2020 Q4	219 052,50 €	233 426,20 €	3,94 M €+25,9%	104
2020 Q3	229 349,33 €	245 688,09 €	3,13 M €−23,8%	104
2020 Q2	250 642,41 €	233 810,20 €	4,10 M €+31,0%	111
2020 Q1	215 882 €	227 116 €	3,13 M €−11,6%	113
Total 2020:	914 926,24 €	940 040,49 €	14,3 M €
2019 Q4	209 600 €	223 873 €	3,54 M €+46,6%	111
2019 Q3	127 684 €	136 545 €	2,42 M €+18,9%	108
2019 Q2	103 064 €	85 204 €	2,03 M €+13,6%	46
2019 Q1	90 269 €	95 907 €	1,79 M €+1,9%	48
Total 2019:	530 617 €	541 529 €	9,78 M €
2018 Q4	79 419 €	84 321 €	1,76 M €−7,1%	45
2018 Q3	106 713 €	98 610 €	1,89 M €−18,6%	48
2018 Q2	100 690 €	87 273 €	2,32 M €+11,5%	48
2018 Q1	58 317 €	86 917 €	2,08 M €+6,3%	49
Total 2018:	345 139 €	357 121 €	8,04 M €
2017 Q4	90 210 €	83 087 €	1,96 M €+50,5%	48
2017 Q3	89 154 €	95 521 €	1,30 M €−16,5%	50
2017 Q2	84 883 €	91 033 €	1,56 M €+4,5%	53
2017 Q1	81 657 €	87 257 €	1,49 M €+37,0%	54
Total 2017:	345 904 €	356 898 €	6,31 M €
2016 Q4	77 853 €	83 012 €	1,09 M €−6,6%	57
2016 Q3	22 948 €	88 872 €	1,17 M €+0,7%	57
2016 Q2	107 442 €	88 295 €	1,16 M €+2,6%	57
2016 Q1	86 713 €	86 025 €	1,13 M €−16,2%	57
Total 2016:	294 956 €	346 204 €	4,54 M €
2015 Q4	81 755 €	87 181 €	1,35 M €−10,7%	61
2015 Q3	40 957 €	97 647 €	1,51 M €+11,7%	61
2015 Q2	112 494 €	87 428 €	1,35 M €+6,1%	61
2015 Q1	77 004 €	82 362 €	1,27 M €	61
Total 2015:	312 210 €	354 618 €	5,47 M €

Revenue by industry

	2023	2024	2025
Manufacture of other metal structures and parts	14 880 307 €	14 129 442 €	14 690 520 €
Machining	979 122 €	1 043 594 €	999 364 €
Electricity transmission		134 548 €	142 494 €
Distribution of electricity	129 079 €

Tax debts

No tax debt found

No tax debt as of 19.10.2026

Representatives

	Personal ID code
Ruve Kask	47805XXXXXX	04.05.1978 (48)	Board member	19.09.2019	-
Veiko Tõnso	37311XXXXXX	06.11.1973 (52)	Board member	28.03.2007	-

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Shareholders

	Personal ID code
Vaba Vara OÜ	11179580	20.10.2005 (21)	Shareholder	15 339 EUR	60,00%	Sole ownership	16.08.2023	-
VT Invest OÜ	14982064	02.06.2020 (6)	Shareholder	10 226 EUR	40,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Janno Greenbaum	37403XXXXXX	24.03.1974 (52)	Audit firm	15.10.2018	-
Grant Thornton Baltic OÜ	10384467	18.02.1998 (28)	Audit firm	15.10.2018	-

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Ultimate beneficial owners

	Personal ID code
Rain Helde	37111XXXXXX	06.11.1971 (54)	Indirect holding	06.11.2020	-
Veiko Tõnso	37311XXXXXX	06.11.1973 (52)	Member of higher governing body (board or supervisory board)	06.11.2020	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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2026 Q3

Turnover

Amount: 4 752 256 €
Monthly average: 1 584 085 €
Per employee: 16 675 €
Equity ratio: 6 196,30%

Labour taxes

Turnover ratio: 8,06%
Tax ratio: 104,40%
Monthly average: 127 675 €
Per employee: 1 330 €

State taxes

Monthly average: 122 298 €
Turnover ratio: 7,72%

Estimated salary

Gross salary: 2 461 €
Net salary: 2 004 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	4 756 156 €+18,0%	4 030 691 €−26,9%	5 516 736 €+15,7%	4 768 163 €+6,4%	4 479 448 €+31,3%	3 411 553 €+11,6%	3 056 857 €
Non-current assets	2 274 147 €−9,2%	2 503 674 €+56,5%	1 599 727 €−3,3%	1 654 585 €+6,2%	1 558 016 €−10,7%	1 743 866 €−14,9%	2 049 526 €
Total assets	7 030 303 €+7,6%	6 534 365 €−8,2%	7 116 463 €+10,8%	6 422 748 €+6,4%	6 037 464 €+17,1%	5 155 419 €+1,0%	5 106 383 €
Short-term liabilities	1 606 356 €+1,2%	1 587 013 €−44,9%	2 879 669 €+46,9%	1 960 478 €−25,0%	2 613 817 €+73,6%	1 505 924 €+11,3%	1 352 651 €
Long-term liabilities	21 690 €−77,3%	95 517 €−34,5%	145 834 €−85,7%	1 019 212 €−5,2%	1 075 578 €−25,7%	1 448 065 €−31,5%	2 114 372 €
Total liabilities	1 628 046 €−3,2%	1 682 530 €−44,4%	3 025 503 €+1,5%	2 979 690 €−19,2%	3 689 395 €+24,9%	2 953 989 €−14,8%	3 467 023 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	4 422 669 €+17,6%	3 761 794 €+39,9%	2 689 052 €+33,2%	2 018 904 €+20,7%	1 672 264 €+37,0%	1 220 424 €−9,9%	1 355 020 €
Net profit	950 422 €−10,4%	1 060 875 €−22,7%	1 372 742 €−1,6%	1 394 988 €+116%	646 639 €−32,1%	951 840 €+6 079%	15 404 €
Equity	5 402 257 €+11,3%	4 851 835 €+18,6%	4 090 960 €+18,8%	3 443 058 €+46,6%	2 348 069 €+6,7%	2 201 430 €+34,3%	1 639 360 €
Turnover	16 037 694 €+2,1%	15 714 978 €−3,5%	16 277 107 €−3,3%	16 839 496 €+21,0%	13 918 431 €+17,3%	11 862 503 €+42,8%	8 305 616 €
Profit margin	5,9%	6,8%	8,4%	8,3%	4,6%	8,0%	0,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	1 844 825 €	1 154 682 €
Liquidity
Current ratio	2,4	1,7
Quick ratio	2,2	1,5
Cash ratio	0,2	0,1
Efficiency
Days sales outstanding (dso)	80,7	83,4
Asset turnover	2,7	2,5
Structure
Debt ratio	0,5	0,6
Profitability
Operating margin	8,9%	5,8%
Net profit margin	8,3%	4,6%
Return on assets (roa)	22,4%	11,6%
Return on equity (roe)	40,5%	27,5%

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Licences & notices


Notice of economic activity	TEL001106	Electrical works	Valid	21.11.2008	-

Regulations


Ä 30029044 / 18	13.04.2023	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force13.04.2023
Ä 30029044 / M4	10.04.2023	Order to remedy deficiencies – Second, constitutive merger entry (on acquiring entity’s registry card)	25.04.2023	Deficiencies remedied13.04.2023
Ä 30029044 / M3	24.03.2023	Directive order	-	Entered into force24.03.2023
Ä 30029044 / 17	22.06.2021	Entry – Amendment entry	-	Entered into force22.06.2021
Ä 30029044 / 16	09.11.2020	Entry – Amendment entry	-	Entered into force09.11.2020

Real estate

		Purpose
Raua tn 1, Kadrina alevik, Kadrina vald, Lääne-Viru maakond	22 681 m²	Commercial land 100%
Raua tn 11, Kadrina alevik, Kadrina vald, Lääne-Viru maakond	14 531 m²	Commercial land 100%
Raua tn 8, Kadrina alevik, Kadrina vald, Lääne-Viru maakond	5202 m²	Commercial land 100%
Tehnika tn 3e, Türi linn, Türi vald, Järva maakond	116 m²	Industrial land 100%
Tööstuse tn 12, Türi linn, Türi vald, Järva maakond	1525 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-19-3889/31	-	Court ruling	Bankruptcy law	Imbi Sidok-Toomsalu, Liis Arrak, Ele Liiv	ECLI:EE:TLRK:2019:2.19.3889.25986	29.10.2019	Open
2-19-3897/30	-	Court ruling	Bankruptcy law	Imbi Sidok-Toomsalu, Liis Arrak, Ele Liiv	ECLI:EE:TLRK:2019:2.19.3897.17937	11.10.2019	Open
2-15-17112/11	Kohtu I astme menetlus	Court ruling	Labour law	Sirje Lahesoo	ECLI:EE:PMK:2016:2.15.17112.12488	07.01.2016	Open
2-11-27735/6	Kohtu I astme menetlus	Court ruling	Property law	Ingrid Niinemägi	ECLI:EE:PMK:2011:2.11.27735.28717	19.09.2011	Open

Official announcements


Notice of company merger	07.08.2019	PDF
Notice of granting or refusal of an air-pollution permit	08.02.2018	PDF
Notice of disclosure of the draft air-pollution permit	19.01.2018	PDF
Notice of initiation of proceedings for an air-pollution permit	20.11.2017	PDF
Notice of granting or refusal of an air-pollution permit	08.12.2015	PDF

Public transactions


08.09.2026	Türi Arengu Sihtasutus	716,66 €Received	OPERATING EXPENSESSport
07.08.2026	Türi Arengu Sihtasutus	284,19 €Received	OPERATING EXPENSESSport
08.07.2026	Türi Arengu Sihtasutus	859,08 €Received	OPERATING EXPENSESSport
26.06.2026	Majandus- ja Kommunikatsiooniministeerium	34 391 €Received	OTHER GRANTSGeneral economic and trade policy
10.06.2026	Türi Arengu Sihtasutus	1 255,11 €Received	OPERATING EXPENSESSport

Funded projects


Induktsioonkarastusseadme soetamine TB Works OÜ-le ja töötajate koolitamine kestlikkuse teemadel.20.2.01.25-0227	Rohepöörde kiirendamineRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	28.08.2025 – 31.05.20262020-2026	84 230 €support 70,0%	49 130 €	Completed
TB Works OÜ roheteekaardi loomine20.2.01.25-0203	Rohepöörde kiirendamineRRF · Ettevõtluse ja Innovatsiooni Sihtasutus	31.03.2025 – 30.06.20252020-2026	5 500 €support 70,0%	5 500 €	Completed
TB Works OÜ digitaliseerimise teekaart2021-2027.1.02.24-0032	(EK nr 1.2) Digitaliseerimisest kasu toomineERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	03.04.2024 – 02.10.20242021-2027	14 900 €support 67,1%	14 900 €	Completed
Technobalt grupi ettevõtete integreerimise ja masintöötluse parendusprojekt.1.4.0501.15-4834	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	15.05.2015 – 31.08.20152007-2013	9 900 €	9 900 €	Completed
Protsesside juhtimine läbi kulusäästliku mõtlemise1.4.0501.10-3593	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	15.12.2010 – 30.06.20112007-2013	3 579,05 €	3 579,05 €	Completed

State aid


22.05.2026	Haridus- ja NoorteametAid measure 241652	Muu › MuuGrant	309,90 €	241652/2600613
11.12.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231590	Turundustegevused VTA › Ekspordi edendamine VTAGrant	12 746 €	231590/2600027
26.09.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221443	Muu › MuuGrant	34 391 €	221443/2500042
27.08.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231469	Turundustegevused VTA › Ekspordi edendamine VTAGrant	1 863 €	231469/2500364
11.04.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 221443	Muu › MuuGrant	3 850 €	221443/2500011

Public procurement contracts


26.06.2019End 26.08.2019	Reference number 209452 · Müügileping	OÜ KaltsiitContracting authority	49 500 €	Completed
26.05.2009End 31.07.2009	Reference number 113007	Osaühing Saaremaa PrügilaContracting authority	39 113,90 €	Completed

.ee domains


tbworks.ee	Active	11.10.2017	12.10.2027
metre.ee	Active	04.07.2010	16.12.2026

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

Data comes from public registers.