AS TIMBER

Legal form:: Public limited company
Registry code:: 12646598
VAT no.:: EE101746108
Fiscal-year period:: 01.01 - 31.12
Established:: 16.04.2014 (12 y)
Capital:: 100 000 EUR
Address:: Peterburi tee 2, Lasnamäe linnaosa, Tallinn, Harju maakond, 11415
Status:: Registered
E-invoice reception:: e-arveldaja

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Contacts

Phone:: +372 6665050
Website:: http://www.timber.ee

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Industries

Real estate activities
Real estate activities on a fee or contract basis
68311 – Intermediation of real estate services
Other real estate activities for a fee or on a contract basis
68329 – Other real estate management or related activities

VAT liability

VAT no.	Start	End
EE101746108	06.10.2014	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	27.05.2026	Valid	PDF
2024	01.07.2024 – 31.12.2024	25.04.2025	Valid	PDF
2023	01.07.2023 – 30.06.2024	18.11.2024	Valid	PDF
2022	01.07.2022 – 30.06.2023	18.11.2024	Valid	PDF
2021	01.07.2021 – 30.06.2022	18.10.2024	Valid	PDF
2020	01.07.2020 – 30.06.2021	18.10.2024	Valid	PDF
2019	01.07.2019 – 30.06.2020	22.11.2023	Valid	PDF
2018	01.07.2018 – 30.06.2019	22.06.2020	Valid	PDF
2017	01.07.2017 – 30.06.2018	11.06.2020	Valid	PDF
2016	01.01.2016 – 30.06.2017	03.06.2020	Valid	PDF
2015	01.01.2015 – 31.12.2015	30.06.2016	Valid	PDF
2014	16.04.2014 – 31.12.2014	19.03.2015	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions5 Official announcements1 TTJA decisions–Real estate–.ee domains11 Licenses1 Regulations23 Public transactions4 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	93 801 €	56 511 €	212 566 €+25,9%	8
2026 Q2	80 508 €	59 199 €	168 785 €−26,8%	9
2026 Q1	94 355 €	58 350 €	230 477 €+7,8%	11
Total 2026:	268 664 €	174 060 €	611 828 €
2025 Q4	90 577 €	56 099 €	213 774 €+9,0%	9
2025 Q3	81 210 €	53 787 €	196 097 €+4,5%	9
2025 Q2	87 164 €	63 691 €	187 706 €−31,7%	8
2025 Q1	103 257 €	61 984 €	274 730 €−66,5%	7
Total 2025:	362 208 €	235 561 €	872 307 €
2024 Q4	203 413 €	43 186 €	818 933 €−34,6%	8
2024 Q3	263 858 €	54 560 €	1,25 M €−27,6%	8
2024 Q2	391 630 €	58 495 €	1,73 M €−8,1%	9
2024 Q1	381 294 €	53 745 €	1,88 M €+18,7%	11
Total 2024:	1,24 M €	209 986 €	5,68 M €
2023 Q4	332 416 €	59 989 €	1,59 M €+74,9%	13
2023 Q3	208 575 €	51 336 €	906 406 €−55,7%	13
2023 Q2	406 262 €	63 054 €	2,04 M €+10,2%	13
2023 Q1	358 217 €	61 067 €	1,86 M €−48,2%	13
Total 2023:	1,31 M €	235 446 €	6,39 M €
2022 Q4	627 629 €	79 311 €	3,58 M €+23,4%	13
2022 Q3	457 684 €	75 606 €	2,90 M €+2,9%	11
2022 Q2	478 366 €	60 349 €	2,82 M €+43,1%	9
2022 Q1	392 826 €	65 007 €	1,97 M €−3,8%	9
Total 2022:	1,96 M €	280 273 €	11,3 M €
2021 Q4	423 313,91 €	58 254,36 €	2,05 M €+34,0%	9
2021 Q3	315 207,31 €	71 652,37 €	1,53 M €+10,3%	10
2021 Q2	273 683,92 €	56 152,44 €	1,39 M €−14,2%	10
2021 Q1	272 551,53 €	59 007,55 €	1,62 M €−7,4%	11
Total 2021:	1,28 M €	245 066,72 €	6,58 M €
2020 Q4	302 161,76 €	50 344,30 €	1,74 M €+70,9%	11
2020 Q3	177 573,10 €	29 155,23 €	1,02 M €−7,4%	10
2020 Q2	188 609,90 €	23 225,29 €	1,10 M €−10,4%	8
2020 Q1	185 126 €	19 410 €	1,23 M €−19,3%	7
Total 2020:	853 470,76 €	122 134,82 €	5,10 M €
2019 Q4	246 097 €	14 133 €	1,53 M €+254%	6
2019 Q3	67 624 €	12 754 €	431 632 €−35,8%	6
2019 Q2	94 632 €	13 330 €	672 430 €−52,0%	6
2019 Q1	122 403 €	14 712 €	1,40 M €+11,4%	6
Total 2019:	530 756 €	54 929 €	4,03 M €
2018 Q4	77 069 €	10 946 €	1,26 M €+134%	6
2018 Q3	112 320 €	14 087 €	537 463 €−60,8%	5
2018 Q2	141 659 €	19 839 €	1,37 M €+16,0%	5
2018 Q1	87 888 €	16 403 €	1,18 M €+0,9%	5
Total 2018:	418 936 €	61 275 €	4,35 M €
2017 Q4	218 460 €	16 708 €	1,17 M €+75,3%	6
2017 Q3	100 539 €	14 623 €	668 376 €−4,4%	6
2017 Q2	136 350 €	14 279 €	699 098 €−28,7%	7
2017 Q1	142 872 €	16 255 €	980 800 €	7
Total 2017:	598 221 €	61 865 €	3,52 M €
2016 Q4	113 533 €	12 746 €	0 €	1
2016 Q3	81 952 €	9 146 €	0 €	1
2016 Q2	97 008 €	10 115 €	0 €	1
2016 Q1	52 461 €	10 488 €	0 €−100%	1
Total 2016:	344 954 €	42 495 €	0 €
2015 Q4	35 437 €	8 955 €	175 892 €+3,8%	4
2015 Q3	0 €	8 627 €	169 447 €+124%	4
2015 Q2	0 €	3 858 €	75 787 €	4
2015 Q1	0 €	0 €	0 €	4
Total 2015:	35 437 €	21 440 €	421 126 €

Revenue by industry

	2023	2024	2025
Intermediation in business support services n.e.c.		81 300 €	382 718 €
Intermediation of real estate services		248 690 €	382 117 €
Other real estate management or related activities		480 €	1 540 €
Wholesale of wood and primary wood products	6 035 935 €	1 491 000 €
Buying and selling of own real estate	10 303 495 €	38 500 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Mikk Välja	38711XXXXXX	23.11.1987 (38)	Board member	29.11.2024	-
Latvian Central Depository	40003XXXXXX	-	Share-register keeper	28.09.2017	-

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Shareholders

	Personal ID code
Lignum Picea OÜ	11348574	20.02.2007 (19)	Shareholder	81 250 EUR	81,25%	Sole ownership	28.11.2023	-
Karjalainen OÜ	12395015	19.12.2012 (13)	Shareholder	18 750 EUR	18,75%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Kaidi Heinaste	49409XXXXXX	25.09.1994 (32)	Audit firm	04.02.2026	-
Jaakko Kuusk	37808XXXXXX	13.08.1978 (48)	Supervisory-board member	02.12.2024	-
Toivo Asmer	34701XXXXXX	08.01.1947 (79)	Chairman of the supervisory board	02.12.2024	-
Ott Krigul	38408XXXXXX	23.08.1984 (42)	Supervisory-board member	24.06.2024	-
Familia Picea OÜ	11236941	18.08.2006 (20)	Founder	11.04.2014	-

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Ultimate beneficial owners

	Personal ID code
Jaakko Kuusk	37808XXXXXX	13.08.1978 (48)	Indirect holding	30.06.2020	-
Ott Krigul	38408XXXXXX	23.08.1984 (42)	Indirect holding	26.06.2019	-

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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: 212 566 €
Monthly average: 70 855 €
Per employee: 8 857 €
Equity ratio: 70,86%

Labour taxes

Turnover ratio: 26,59%
Tax ratio: 60,25%
Monthly average: 18 837 €
Per employee: 2 216 €

State taxes

Monthly average: 31 267 €
Turnover ratio: 44,13%

Estimated salary

Gross salary: 3 973 €
Net salary: 3 141 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	145 205 €−11,7%	164 422 €−18,6%	201 892 €−41,3%	343 656 €+9,5%	313 803 €−60,7%	797 489 €+269%	216 111 €
Non-current assets	56 542 €−10,3%	63 033 €−7,8%	68 381 €−22,5%	88 269 €−5,1%	93 047 €−9,0%	102 204 €+8,8%	93 979 €
Total assets	201 747 €−11,3%	227 455 €−15,8%	270 273 €−37,4%	431 925 €+6,2%	406 850 €−54,8%	899 693 €+190%	310 090 €
Short-term liabilities	91 062 €−13,4%	105 120 €−43,9%	187 215 €−36,5%	294 812 €−5,7%	312 615 €−43,3%	550 867 €+154%	216 803 €
Long-term liabilities	-	1 025 €−99,8%	-	-	-	500 000 €	500 000 €
Total liabilities	91 062 €−14,2%	106 145 €−43,3%	187 215 €−36,5%	294 812 €−5,7%	312 615 €−70,3%	1 050 867 €+46,6%	716 803 €
Share or stock capital	100 000 €	100 000 €	100 000 €	100 000 €	100 000 €	100 000 €	100 000 €
Retained earnings	21 310 €+226%	-16 942 €−146%	37 113 €+744%	-5 765 €+97,7%	-251 174 €+50,4%	-506 713 €+0,9%	-511 354 €
Net profit	-10 625 €−128%	38 252 €+171%	-54 055 €−226%	42 878 €−82,5%	245 409 €−4,0%	255 539 €+5 406%	4 641 €
Equity	110 685 €−8,8%	121 310 €+46,1%	83 058 €−39,4%	137 113 €+45,5%	94 235 €+162%	-151 174 €+62,8%	-406 713 €
Turnover	766 375 €−58,8%	1 859 970 €−88,6%	16 339 430 €−27,6%	22 566 280 €−14,6%	26 433 950 €+7,8%	24 520 296 €+164%	9 300 143 €
Profit margin	-1,4%	2,1%	-0,3%	0,2%	0,9%	1,0%	0,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	67 079 €	290 089 €
Liquidity
Current ratio	1,2	1,0
Quick ratio	1,2	1,0
Cash ratio	0,6	0,6
Efficiency
Days sales outstanding (dso)	2,3	3,5
Asset turnover	53,8	40,5
Structure
Debt ratio	0,7	0,8
Profitability
Operating margin	0,2%	1,0%
Net profit margin	0,2%	0,9%
Return on assets (roa)	10,2%	37,6%
Return on equity (roe)	31,3%	260,4%

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Licences & notices


License	KME000056	Environment	Valid	10.11.2022	-

Regulations


Ä 40037239 / 13	09.06.2025	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force09.06.2025
Ä 40037239 / 12	30.12.2024	Entry – Amendment entry	-	Entered into force30.12.2024
Ä 40037239 / 11	29.11.2024	Entry – Amendment entry	-	Entered into force29.11.2024
Ä 40037239 / M11	19.11.2024	Order to remedy deficiencies – Amendment entry	04.12.2024	Deficiencies remedied29.11.2024
Ä 40037239 / M10	10.09.2024	Repeat reporting-fine order	25.09.2024	Entered into force26.09.2024

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-23-603/102	Apellatsioonmenetlus	Court judgment	Law of obligations	Margit Jäätma, Anneli Alekand, Indrek Parrest	ECLI:EE:TRRK:2025:2.23.603.21788	06.10.2025	Open
2-23-9480/31	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Marika Leimann	ECLI:EE:VMK:2024:2.23.9480.14987	26.09.2024	Open
2-22-5670/18	Kohtu I astme menetlus	Court judgment	Law of obligations	Leanika Tamm	ECLI:EE:PMK:2024:2.22.5670.2665	12.02.2024	Open
2-20-4153/25	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Anu Talu	ECLI:EE:PMK:2020:2.20.4153.16815	24.09.2020	Open
2-20-4850/11	Kohtu I astme menetlus	Court rulingCompromise ruling	Law of obligations	Anu Talu	ECLI:EE:PMK:2020:2.20.4850.6044	24.04.2020	Open

Official announcements


Notice of conclusion of a public limited company merger agreement	02.08.2019	PDF

Public transactions


29.12.2025	Mustvee Vallavalitsus	1 305,72 €Received	OPERATING EXPENSESMunicipal government
27.11.2024	Lääne-Nigula Vallavalitsus	367,83 €Received	OTHER INCOMEMunicipal government
13.09.2024	Haljala Vallavalitsus	589,26 €Received	OPERATING EXPENSESMunicipal government
11.09.2024	Haljala Vallavalitsus	1 647,07 €Received	OPERATING EXPENSESMunicipal government

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


metsakalkulaator.ee	Active	06.02.2024	07.02.2027
puiduoksjon.ee	Active	21.09.2020	22.09.2027
farmstead.ee	Active	10.04.2019	11.04.2027
metsa-oksjon.ee	Active	26.09.2018	27.09.2027
metsamuuk.ee	Active	26.09.2018	27.09.2027

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.