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Timbeco Ehitus OÜ

Legal form:

Private limited company

Registry code:

12127303

VAT no.:

EE101460879

Fiscal-year period:

01.01 - 31.12

Established:

30.06.2011 (15)

Capital:

9 300 EUR

Address:

Tõdva tee 41, Tõdva küla, Saku vald, Harju maakond, 75508

Status:

Registered

E-arvete vastuvõtmine:

Arvekeskus

Contacts

Email:

ivar@timbeco.ee

Phone:

+372 56697936

Industries

CONSTRUCTION
41001 - Construction of residential and non-residential buildings

VAT liability

	Start	End
EE101460879	18.07.2011

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	25.06.2026	Valid
2024	01.01.2024 - 31.12.2024	27.06.2025	Valid
2023	01.01.2023 - 31.12.2023	05.06.2024	Valid
2022	01.01.2022 - 31.12.2022	28.04.2023	Valid
2021	01.01.2021 - 31.12.2021	07.10.2022	Valid
2020	01.01.2020 - 31.12.2020	01.07.2021	Valid
2019	01.01.2019 - 31.12.2019	27.07.2020	Valid
2018	01.01.2018 - 31.12.2018	10.05.2019	Valid
2017	01.01.2017 - 31.12.2017	04.07.2018	Valid
2016	01.01.2016 - 31.12.2016	17.05.2017	Valid
2015	01.01.2015 - 31.12.2015	27.06.2016	Valid
2014	01.01.2014 - 31.12.2014	25.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	27.06.2013	Valid
2011	30.06.2011 - 31.12.2011	28.06.2012	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.07.2026.

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Credit rating

Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	69 479 €	32 076 €	613 032 €95.8%	8
2026 Q1	6 248 €	34 693 €	313 031 €38.5%	8
Kokku 2026:	75 727 €	66 769 €	926 063 €
2025 Q4	46 136 €	35 586 €	509 097 €31.0%	8
2025 Q3	102 219 €	31 632 €	737 932 €6.0%	8
2025 Q2	78 914 €	26 321 €	696 064 €28.6%	9
2025 Q1	110 171 €	25 516 €	974 474 €20.8%	8
Kokku 2025:	337 440 €	119 055 €	2 917 567 €66.0%
2024 Q4	70 762 €	24 059 €	806 818 €144.1%	8
2024 Q3	32 347 €	25 227 €	330 463 €1.0%	8
2024 Q2	32 515 €	25 438 €	333 908 €16.6%	9
2024 Q1	48 701 €	25 724 €	286 288 €49.2%	9
Kokku 2024:	184 325 €	100 448 €	1 757 477 €28.3%
2023 Q4	43 012 €	26 243 €	563 192 €0.8%	9
2023 Q3	66 492 €	23 262 €	567 473 €23.9%	9
2023 Q2	27 496 €	29 543 €	458 153 €47.0%	8
2023 Q1	81 351 €	35 491 €	863 886 €43.2%	10
Kokku 2023:	218 350 €	114 539 €	2 452 704 €62.5%
2022 Q4	41 852 €	37 831 €	1 522 259 €10.0%	10
2022 Q3	111 674 €	38 131 €	1 383 653 €26.9%	12
2022 Q2	79 328 €	39 023 €	1 893 311 €8.5%	12
2022 Q1	84 410 €	34 549 €	1 744 634 €17.6%	13
Kokku 2022:	317 264 €	149 534 €	6 543 857 €7.5%
2021 Q4	0 €	33 146 €	2 118 227 €21.1%	12
2021 Q3	0 €	30 786 €	1 748 461 €16.1%	11
2021 Q2	65 189 €	29 487 €	1 505 783 €110.7%	10
2021 Q1	76 996 €	27 571 €	714 731 €0.9%	12
Kokku 2021:	142 185 €	120 990 €	6 087 202 €100.3%
2020 Q4	61 709 €	27 883 €	721 261 €0.6%	12
2020 Q3	62 734 €	30 622 €	725 405 €15.2%	12
2020 Q2	74 505 €	32 640 €	855 132 €16.1%	13
2020 Q1	78 097 €	29 557 €	736 548 €54.7%	13
Kokku 2020:	277 045 €	120 702 €	3 038 345 €28.8%
2019 Q4	35 159 €	29 172 €	476 164 €40.0%	13
2019 Q3	90 745 €	29 928 €	794 032 €25.2%	13
2019 Q2	94 762 €	33 204 €	1 061 844 €45.2%	13
2019 Q1	225 954 €	32 029 €	1 936 802 €91.2%	13
Kokku 2019:	446 620 €	124 333 €	4 268 842 €7.1%
2018 Q4	52 170 €	28 638 €	1 012 957 €53.0%	11
2018 Q3	256 246 €	30 183 €	2 156 396 €171.6%	11
2018 Q2	75 168 €	21 519 €	794 103 €25.4%	11
2018 Q1	14 842 €	26 970 €	633 238 €25.9%	11
Kokku 2018:	398 426 €	107 310 €	4 596 694 €66.0%
2017 Q4	0 €	20 028 €	502 834 €64.4%	11
2017 Q3	225 953 €	24 473 €	1 410 864 €174.2%	11
2017 Q2	0 €	23 249 €	514 461 €50.6%	11
2017 Q1	23 167 €	16 707 €	341 631 €34.2%	11
Kokku 2017:	249 120 €	84 457 €	2 769 790 €42.2%
2016 Q4	20 047 €	19 926 €	519 313 €6.3%	10
2016 Q3	116 921 €	18 749 €	488 636 €0.4%	10
2016 Q2	14 709 €	18 666 €	486 474 €7.5%	10
2016 Q1	0 €	17 371 €	452 722 €101.5%	10
Kokku 2016:	151 677 €	74 712 €	1 947 145 €115.7%
2015 Q4	25 217 €	15 876 €	224 661 €4.8%	12
2015 Q3	31 652 €	16 678 €	236 021 €4.5%	12
2015 Q2	20 941 €	15 959 €	225 842 €4.4%	12
2015 Q1	41 901 €	15 286 €	216 319 €	12
Kokku 2015:	119 711 €	63 799 €	902 843 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	2 166 762 €	1 858 564 €	2 589 667 €

Tax debts

No tax debt found

No tax debt as of 21.07.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Mardim	37903XXXXXX	13.03.1979 (47)	Board member	30.06.2011	-
Kuido Karner	37901XXXXXX	08.01.1979 (47)	Board member	30.06.2011	-

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

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Ivar Mardim	37903XXXXXX	13.03.1979 (47)	Shareholder	4 278,00 EUR	46	Sole ownership	28.11.2023	-
Kuido Karner	37901XXXXXX	08.01.1979 (47)	Shareholder	4 092,00 EUR	44	Sole ownership	28.11.2023	-
Eero Nigumann	38905XXXXXX	25.05.1989 (37)	Shareholder	930,00 EUR	10	Sole ownership	28.11.2023	-

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

1 - 3 / 3 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Mardim	37903XXXXXX	13.03.1979 (47)	Founder	15.06.2011	-
Kuido Karner	37901XXXXXX	08.01.1979 (47)	Founder	15.06.2011	-
Timbeco Woodhouse OÜ	-	-	Founder	15.06.2011	-

1 - 3 / 3 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Ivar Mardim	37903XXXXXX	13.03.1979 (47)	Direct holding	19.10.2018	-
Kuido Karner	37901XXXXXX	08.01.1979 (47)	Direct holding	19.10.2018	-

1 - 2 / 2 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount

613 032 €

Monthly average

204 344 €

Per employee

25 543 €

Equity ratio

2 197,25%

Labour taxes

Turnover ratio

5,23%

Tax ratio

46,17%

Monthly average

10 692 €

Per employee

1 337 €

State taxes

Monthly average

23 160 €

Turnover ratio

11,33%

Estimated salary

Gross salary

2 492 €

Net salary

1 998 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	725 984 €1.2%	717 590 €	717 621 €28.0%	560 541 €60.4%	1 415 951 €133.8%	605 520 €13.3%	534 258 €
Non-current assets	23 165 €437.2%	4 312 €91.5%	50 511 €9.6%	55 871 €66.6%	167 388 €758.4%	19 501 €455.6%	3 510 €
Total assets	749 149 €3.8%	721 902 €6.0%	768 132 €24.6%	616 412 €61.1%	1 583 339 €153.3%	625 021 €16.2%	537 768 €
Short-term liabilities	406 941 €12.1%	462 759 €17.3%	559 266 €15.3%	485 182 €68.6%	1 545 777 €271.7%	415 838 €0.3%	417 206 €
Long-term liabilities	-	-	-	-	40 000 €	-	-
Total liabilities	406 941 €12.1%	462 759 €17.3%	559 266 €15.3%	485 182 €69.4%	1 585 777 €281.3%	415 838 €0.3%	417 206 €
Share or stock capital	9 300 €	9 300 €	9 300 €	9 300 €	9 300 €	9 300 €	9 300 €
Retained earnings	171 843 €18.9%	144 566 €18.6%	121 930 €331.4%	28 262 €86.8%	214 883 €93.1%	111 262 €4.6%	106 398 €
Net profit	161 065 €53.0%	105 277 €35.6%	77 636 €17.1%	93 668 €141.3%	-226 621 €355.7%	88 621 €1 722.0%	4 864 €
Equity	342 208 €32.1%	259 143 €24.1%	208 866 €59.2%	131 230 €5 482.7%	-2 438 €101.2%	209 183 €73.5%	120 562 €
Turnover	2 589 667 €39.3%	1 858 564 €14.2%	2 166 762 €64.8%	6 154 164 €6.7%	6 593 449 €116.6%	3 043 682 €12.0%	3 459 657 €
Profit margin	6.22%9.8%	5.66%58.1%	3.58%135.4%	1.52%144.3%	-3.44%218.0%	2.91%1 971.0%	0.14%

Financial ratios

	2025	2024	2023	2022	2021
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	F.L	E.W	S.K	1.2	0.9
Quick ratio	N.Y	O.D	T.P	1.1	0.7
Cash ratio	F.L	D.I	N.N	0.1	0.0
Efficiency
Days sales outstanding (dso)	QO.Y	EL.X	YL.K	46.3	36.2
Asset turnover	W.K	X.Q	M.Y	5.6	6.0
Structure
Debt ratio	L.P	V.X	S.F	0.8	1.0
Profitability
Operating margin	F.F%	T.F%	K.G%	1.5%	-3.4%
Net profit margin	T.C%	K.F%	S.C%	1.5%	-3.4%
Return on assets (roa)	XX.S%	AE.X%	OW.Y%	8.5%	-20.5%
Return on equity (roe)	RT.N%	WT.N%	JX.T%	71.4%	-

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EEH005695	- > Construction	Valid	04.07.2011	-
Notice of economic activity	EEP002213	- > Design / engineering	Valid	04.07.2011	-

1 - 2 / 2 rows

Regulations

Regulation no.	Date	Type	Status
Ä 10157224 / 11	28.11.2023	Entry - Amendment entry	Entered into force (28.11.2023)
Ä 10157224 / 10	02.09.2023	Entry - Amendment entry	Entered into force (02.09.2023)
Ä 10157224 / 9	01.07.2022	Entry - Amendment entry	Entered into force (01.07.2022)
Ä 10157224 / 8	30.06.2022	Entry - Amendment entry	Entered into force (30.06.2022)
Ä 10157224 / 7	08.08.2018	Entry - Amendment entry	Entered into force (08.08.2018)

1 - 5 / 14 rows

Real estate

Address	Area	Purpose
Nulu tee 1, Vaela küla, Kiili vald, Harju maakond	1780 m²	Residential land 100%
Nulu tee 3, Vaela küla, Kiili vald, Harju maakond	2001 m²	Residential land 100%

1 - 2 / 2 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
07.05.2026	Tallinna Tehnikaülikool	372.00 € Received	OPERATING EXPENSES Adult continuing education
09.04.2024	Tallinna Tehnikaülikool	199.99 € Received	OPERATING EXPENSES R&D in education

Timbeco Ehitus OÜ

Contacts

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No unsubmitted declarations found

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Hidden

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No holdings in companies found

Aggregate data

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Licences & notices

Licences & notices

Regulations

Regulations

Real estate

Real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Official announcements

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Public transactions

Public transactions

.ee domains

No domains found

Enforcement proceedings

No enforcement proceedings found

Payment orders

No payment orders found