Timo-Keraamika OÜ

Active Registry code 10240745 OÜ Võru linn Registered 14 Jul 1997
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Timo-Keraamika OÜ is a OÜ based in Võru linn, registry code 10240745, status: active. Main activity: Manufacture of ceramic household and ornamental articles. According to EMTA, turnover for Q3 2026 was €31 171 with 2 employees.

Turnover
31 171 €
↑ 1.1% vs Q2 2026
State taxes
4 024 €
↑ 37.4% vs Q2 2026
Labour taxes
2 480 €
↓ 9.8% vs Q2 2026
Employees
2
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of other non-metallic mineral products · EMTAK 23

  • Turnover · Q3 2026 31 171 €
    industry median 63 103 € · companies in the industry: 231
  • Labour taxes per employee 1 240 €
    industry median 1 860 € · companies in the industry: 208
  • Revenue · 2025 127 904 €
    industry median 34 797 € · companies in the industry: 376
  • Net profit margin · 2025 -6.6 %
    industry median 2.4 % · companies in the industry: 309

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 31 171 € · +1.1% vs Q2 2026 · industry median 63 103 € · above 40% of the industry
020 00040 00060 00080 000Q4 2023 Company: 48 880 € Industry median: 62 349 €Q4·23Q1 2024 Company: 34 350 € Industry median: 44 811 €Q2 2024 Company: 37 737 € Industry median: 65 768 €Q2·24Q3 2024 Company: 46 149 € Industry median: 62 989 €Q4 2024 Company: 41 397 € Industry median: 62 089 €Q4·24Q1 2025 Company: 35 690 € Industry median: 40 759 €Q2 2025 Company: 34 397 € Industry median: 67 824 €Q2·25Q3 2025 Company: 38 040 € Industry median: 67 530 €Q4 2025 Company: 37 205 € Industry median: 64 934 €Q4·25Q1 2026 Company: 25 555 € Industry median: 38 304 €Q2 2026 Company: 30 843 € Industry median: 56 788 €Q2·26Q3 2026 Company: 31 171 € Industry median: 63 103 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 41 397 € Industry median: 62 089 €Q1 2025 Company: 35 690 € Industry median: 40 759 €Q1·25Q2 2025 Company: 34 397 € Industry median: 67 824 €Q3 2025 Company: 38 040 € Industry median: 67 530 €Q3·25Q4 2025 Company: 37 205 € Industry median: 64 934 €Q1 2026 Company: 25 555 € Industry median: 38 304 €Q1·26Q2 2026 Company: 30 843 € Industry median: 56 788 €Q3 2026 Company: 31 171 € Industry median: 63 103 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 240 € · −9.8% vs Q2 2026 · industry median 1 860 € · above 36% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 1 824 € Industry median: 1 833 €Q4·23Q1 2024 Company: 1 247 € Industry median: 1 772 €Q2 2024 Company: 222 € Industry median: 1 679 €Q2·24Q3 2024 Company: 1 026 € Industry median: 1 932 €Q4 2024 Company: 1 026 € Industry median: 2 075 €Q4·24Q1 2025 Company: 1 039 € Industry median: 2 099 €Q2 2025 Company: 1 093 € Industry median: 1 681 €Q2·25Q3 2025 Company: 1 280 € Industry median: 1 973 €Q4 2025 Company: 1 318 € Industry median: 2 105 €Q4·25Q1 2026 Company: 1 799 € Industry median: 1 818 €Q2 2026 Company: 1 375 € Industry median: 1 762 €Q2·26Q3 2026 Company: 1 240 € Industry median: 1 860 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 026 € Industry median: 2 075 €Q1 2025 Company: 1 039 € Industry median: 2 099 €Q1·25Q2 2025 Company: 1 093 € Industry median: 1 681 €Q3 2025 Company: 1 280 € Industry median: 1 973 €Q3·25Q4 2025 Company: 1 318 € Industry median: 2 105 €Q1 2026 Company: 1 799 € Industry median: 1 818 €Q1·26Q2 2026 Company: 1 375 € Industry median: 1 762 €Q3 2026 Company: 1 240 € Industry median: 1 860 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0123Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260123Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 4 024 € · +37.4% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 5 052 €Q4·23Q1 2024 Company: 2 524 €Q2 2024 Company: 2 632 €Q2·24Q3 2024 Company: 5 093 €Q4 2024 Company: 3 396 €Q4·24Q1 2025 Company: 4 024 €Q2 2025 Company: 4 200 €Q2·25Q3 2025 Company: 5 342 €Q4 2025 Company: 5 095 €Q4·25Q1 2026 Company: 3 816 €Q2 2026 Company: 2 928 €Q2·26Q3 2026 Company: 4 024 €Q3·2602 0004 0006 000Q4 2024 Company: 3 396 €Q1 2025 Company: 4 024 €Q1·25Q2 2025 Company: 4 200 €Q3 2025 Company: 5 342 €Q3·25Q4 2025 Company: 5 095 €Q1 2026 Company: 3 816 €Q1·26Q2 2026 Company: 2 928 €Q3 2026 Company: 4 024 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 31 171 4 024 2 480 2
Q2 2026 30 843 2 928 2 749 2
Q1 2026 25 555 3 816 3 597 2
Q4 2025 37 205 5 095 3 955 3
Q3 2025 38 040 5 342 3 840 3
Q2 2025 34 397 4 200 3 278 3
Q1 2025 35 690 4 024 3 116 3
Q4 2024 41 397 3 396 3 077 3
Q3 2024 46 149 5 093 3 077 3
Q2 2024 37 737 2 632 666 3
Q1 2024 34 350 2 524 1 247 1
Q4 2023 48 880 5 052 1 824 1
Q3 2023 53 924 9 956 3 808 1
Q2 2023 53 908 8 591 6 182 1
Q1 2023 53 807 7 655 6 574 7
Q4 2022 58 481 9 045 7 439 8
Q3 2022 82 315 20 335 15 194 8
Q2 2022 85 524 16 635 10 604 12
Q1 2022 57 740 14 890 11 511 12
Labour taxes per employee per month
413 €
Turnover per employee in the quarter
15 586 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 127 904 € · −12.7% vs 2024 · industry median 34 797 € · above 65% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 279 966 € Industry median: 39 889 €20192020 Company: 236 982 € Industry median: 34 987 €20202021 Company: 241 423 € Industry median: 39 699 €20212022 Company: 251 417 € Industry median: 38 606 €20222023 Company: 185 505 € Industry median: 34 260 €20232024 Company: 146 568 € Industry median: 35 834 €20242025 Company: 127 904 € Industry median: 34 797 €202501002003002018 Company: — Industry median: —2019 Company: 279 966 € Industry median: 39 889 €20192020 Company: 236 982 € Industry median: 34 987 €2021 Company: 241 423 € Industry median: 39 699 €20212022 Company: 251 417 € Industry median: 38 606 €2023 Company: 185 505 € Industry median: 34 260 €20232024 Company: 146 568 € Industry median: 35 834 €2025 Company: 127 904 € Industry median: 34 797 €2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -8 385 € · −462.7% vs 2024 · industry median 260 € · above 14% of the industry
-30 000-20 000-10 000010 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 980 € Industry median: 511 €20192020 Company: -16 480 € Industry median: 309 €20202021 Company: -29 975 € Industry median: 741 €20212022 Company: 1 958 € Industry median: 711 €20222023 Company: 11 107 € Industry median: 169 €20232024 Company: 2 312 € Industry median: 181 €20242025 Company: -8 385 € Industry median: 260 €2025-30 000-20 000-10 000010 00020 0002018 Company: — Industry median: —2019 Company: 980 € Industry median: 511 €20192020 Company: -16 480 € Industry median: 309 €2021 Company: -29 975 € Industry median: 741 €20212022 Company: 1 958 € Industry median: 711 €2023 Company: 11 107 € Industry median: 169 €20232024 Company: 2 312 € Industry median: 181 €2025 Company: -8 385 € Industry median: 260 €2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -6.6 % · −8.1 pp vs the year before · industry median 2.4 % · above 20% of the industry
-15-10-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.4 % Industry median: 4.1 %20192020 Company: -7.0 % Industry median: 4.6 %20202021 Company: -12.4 % Industry median: 4.5 %20212022 Company: 0.8 % Industry median: 5.0 %20222023 Company: 6.0 % Industry median: 3.6 %20232024 Company: 1.6 % Industry median: 2.5 %20242025 Company: -6.6 % Industry median: 2.4 %2025-15-10-505102018 Company: — Industry median: —2019 Company: 0.4 % Industry median: 4.1 %20192020 Company: -7.0 % Industry median: 4.6 %2021 Company: -12.4 % Industry median: 4.5 %20212022 Company: 0.8 % Industry median: 5.0 %2023 Company: 6.0 % Industry median: 3.6 %20232024 Company: 1.6 % Industry median: 2.5 %2025 Company: -6.6 % Industry median: 2.4 %2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 155 945 € · −9.1% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 210 082 €20192020 Company: 213 623 €20202021 Company: 183 279 €20212022 Company: 179 465 €20222023 Company: 154 732 €20232024 Company: 171 628 €20242025 Company: 155 945 €20250501001502002502018 Company: —2019 Company: 210 082 €20192020 Company: 213 623 €2021 Company: 183 279 €20212022 Company: 179 465 €2023 Company: 154 732 €20232024 Company: 171 628 €2025 Company: 155 945 €2025
Equity, € thousand 2025: 86 051 € · −8.9% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 125 508 €20192020 Company: 109 028 €20202021 Company: 79 053 €20212022 Company: 81 011 €20222023 Company: 92 124 €20232024 Company: 94 436 €20242025 Company: 86 051 €20250501001502018 Company: —2019 Company: 125 508 €20192020 Company: 109 028 €2021 Company: 79 053 €20212022 Company: 81 011 €2023 Company: 92 124 €20232024 Company: 94 436 €2025 Company: 86 051 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 3 · above 45% of the industry
0510152016 Company: 14 Industry median: —20162017 Company: 13 Industry median: —20172018 Company: 13 Industry median: 3.520182019 Company: 13 Industry median: 320192020 Company: 11 Industry median: 320202021 Company: 11 Industry median: 420212022 Company: 11 Industry median: 420222023 Company: 3 Industry median: 320232024 Company: 3 Industry median: 320242025 Company: 3 Industry median: 320250510152018 Company: 13 Industry median: 3.52019 Company: 13 Industry median: 320192020 Company: 11 Industry median: 32021 Company: 11 Industry median: 420212022 Company: 11 Industry median: 42023 Company: 3 Industry median: 320232024 Company: 3 Industry median: 32025 Company: 3 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 127 904 -8 385 43 483 155 945 86 051 3
2024 146 568 2 312 29 879 171 628 94 436 3
2023 185 505 11 107 45 509 154 732 92 124 3
2022 251 417 1 958 121 959 179 465 81 011 11
2021 241 423 -29 975 130 495 183 279 79 053 11
2020 236 982 -16 480 104 607 213 623 109 028 11
2019 279 966 980 135 890 210 082 125 508 13
2018 — — — — — 13
2017 — — — — — 13
2016 — — — — — 14
2015 — — — — — 14
2014 — — — — — 16
2013 — — — — — 17
2012 — — — — — 17
2011 — — — — — 19
2009 — — — — — 20
2008 — — — — — 22
2007 — — — — — 20
2006 — — — — — 21
2005 — — — — — 19
2004 — — — — — 22
2003 — — — — — 20
2002 — — — — — 20
2001 — — — — — 20
2000 — — — — — 24
1999 — — — — — 27
1998 — — — — — 27
1997 — — — — — 27

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
-6.6 %
Net profit / revenue
Return on equity (ROE)
-9.7 %
Net profit / equity
Return on assets (ROA)
-5.4 %
Net profit / assets
Equity ratio
55.2 %
Equity / assets
Debt ratio
44.8 %
Liabilities / assets
Current ratio
2.40
Current assets / current liabilities
Revenue per employee
42 635 €
Revenue / average full-time employees
Labour cost per employee per month
1 208 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 19 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 2 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Jan 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 24 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 Mar 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 500 000 EEK Aktsiaselts Hansapank 1 Nov 1999 – in force

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

  • Tiit Raag
    Natural person · 59 400 €

Beneficial owners

  • Tiit Raag
    Direct ownership · since 31 Aug 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 23411Manufacture of ceramic household and ornamental articles Main
Rulings
Number, date Title Deadline State Document
Ä 20006645 / 13
4 Feb 2026
Amendment entry In force
4 Feb 2026
PDF
Ä 20006645 / 12
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20006645 / 11
15 Aug 2022
Amendment entry In force
15 Aug 2022
PDF
Ä 20006645 / M2
18 May 2022
Procedural ruling 28 May 2022 Deficiencies eliminated
18 May 2022
PDF
Ä 20006645 / 10
18 May 2022
Amendment entry In force
18 May 2022
PDF
Ä 20006645 / 9
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20006645 / 8
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20006645 / 7
4 Jul 2013
Amendment entry In force
4 Jul 2013
PDF
Ä 20006645 / 6
15 Feb 2011
Amendment entry In force
15 Feb 2011
PDF
Ä 20006645 / 5
22 Jul 2010
Transformation entry without a new registry card In force
22 Jul 2010
PDF
Ä 20006645 / M1
16 Jul 2010
Ruling to eliminate deficiencies 15 Sep 2010 In force
16 Jul 2010
PDF
Ä 6645 / 4
3 Dec 2008
Deletion of activities from the registry card In force
22 Dec 2008
PDF
Ä 6645 / 3
20 Nov 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data