TK-Team Baltic AS

Active Registry code 10353159 AS Pauastvere küla Registered 14 Jan 1998
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TK-Team Baltic AS is a AS based in Pauastvere küla, registry code 10353159, status: active. Main activity: Manufacture of wooden articles and ornaments and other wooden products. According to EMTA, turnover for Q3 2026 was €976 536 with 19 employees.

Turnover
976 536 €
↑ 5.8% vs Q2 2026
State taxes
58 326 €
↑ 19.2% vs Q2 2026
Labour taxes
50 729 €
↑ 5.0% vs Q2 2026
Employees
19
−1 vs Q2 2026

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

Position in the industry Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials · EMTAK 16

  • Turnover · Q3 2026 976 536 €
    industry median 42 609 € · companies in the industry: 968
  • Labour taxes per employee 2 670 €
    industry median 1 604 € · companies in the industry: 774
  • Revenue · 2025 2.6 mn €
    industry median 44 569 € · companies in the industry: 1 338
  • Net profit margin · 2025 6.5 %
    industry median 2.0 % · companies in the industry: 1 072

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 976 536 € · +5.8% vs Q2 2026 · industry median 42 609 € · above 87% of the industry
02505007501 0001 250Q4 2023 Company: 943 417 € Industry median: 43 427 €Q4·23Q1 2024 Company: 718 782 € Industry median: 39 178 €Q2 2024 Company: 1 027 353 € Industry median: 42 653 €Q2·24Q3 2024 Company: 1 133 263 € Industry median: 38 674 €Q4 2024 Company: 816 439 € Industry median: 45 211 €Q4·24Q1 2025 Company: 895 713 € Industry median: 37 584 €Q2 2025 Company: 834 402 € Industry median: 43 322 €Q2·25Q3 2025 Company: 1 142 116 € Industry median: 41 462 €Q4 2025 Company: 933 090 € Industry median: 42 366 €Q4·25Q1 2026 Company: 708 684 € Industry median: 42 117 €Q2 2026 Company: 923 327 € Industry median: 49 062 €Q2·26Q3 2026 Company: 976 536 € Industry median: 42 609 €Q3·2602505007501 0001 250Q4 2024 Company: 816 439 € Industry median: 45 211 €Q1 2025 Company: 895 713 € Industry median: 37 584 €Q1·25Q2 2025 Company: 834 402 € Industry median: 43 322 €Q3 2025 Company: 1 142 116 € Industry median: 41 462 €Q3·25Q4 2025 Company: 933 090 € Industry median: 42 366 €Q1 2026 Company: 708 684 € Industry median: 42 117 €Q1·26Q2 2026 Company: 923 327 € Industry median: 49 062 €Q3 2026 Company: 976 536 € Industry median: 42 609 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 670 € · +10.5% vs Q2 2026 · industry median 1 604 € · above 74% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 407 € Industry median: 1 444 €Q4·23Q1 2024 Company: 2 188 € Industry median: 1 344 €Q2 2024 Company: 2 042 € Industry median: 1 393 €Q2·24Q3 2024 Company: 2 243 € Industry median: 1 466 €Q4 2024 Company: 2 428 € Industry median: 1 526 €Q4·24Q1 2025 Company: 2 415 € Industry median: 1 531 €Q2 2025 Company: 2 368 € Industry median: 1 528 €Q2·25Q3 2025 Company: 2 692 € Industry median: 1 626 €Q4 2025 Company: 3 007 € Industry median: 1 635 €Q4·25Q1 2026 Company: 2 287 € Industry median: 1 561 €Q2 2026 Company: 2 416 € Industry median: 1 556 €Q2·26Q3 2026 Company: 2 670 € Industry median: 1 604 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 428 € Industry median: 1 526 €Q1 2025 Company: 2 415 € Industry median: 1 531 €Q1·25Q2 2025 Company: 2 368 € Industry median: 1 528 €Q3 2025 Company: 2 692 € Industry median: 1 626 €Q3·25Q4 2025 Company: 3 007 € Industry median: 1 635 €Q1 2026 Company: 2 287 € Industry median: 1 561 €Q1·26Q2 2026 Company: 2 416 € Industry median: 1 556 €Q3 2026 Company: 2 670 € Industry median: 1 604 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 19 · −5.0% vs Q2 2026
05101520Q4 2023 Company: 20Q4·23Q1 2024 Company: 19Q2 2024 Company: 20Q2·24Q3 2024 Company: 20Q4 2024 Company: 20Q4·24Q1 2025 Company: 20Q2 2025 Company: 20Q2·25Q3 2025 Company: 19Q4 2025 Company: 18Q4·25Q1 2026 Company: 19Q2 2026 Company: 20Q2·26Q3 2026 Company: 19Q3·2605101520Q4 2024 Company: 20Q1 2025 Company: 20Q1·25Q2 2025 Company: 20Q3 2025 Company: 19Q3·25Q4 2025 Company: 18Q1 2026 Company: 19Q1·26Q2 2026 Company: 20Q3 2026 Company: 19Q3·26
State taxes, € Q3 2026: 58 326 € · +19.2% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 75 186 €Q4·23Q1 2024 Company: 45 934 €Q2 2024 Company: 43 391 €Q2·24Q3 2024 Company: 44 037 €Q4 2024 Company: 79 269 €Q4·24Q1 2025 Company: 47 670 €Q2 2025 Company: 45 882 €Q2·25Q3 2025 Company: 61 510 €Q4 2025 Company: 81 668 €Q4·25Q1 2026 Company: 80 171 €Q2 2026 Company: 48 938 €Q2·26Q3 2026 Company: 58 326 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 79 269 €Q1 2025 Company: 47 670 €Q1·25Q2 2025 Company: 45 882 €Q3 2025 Company: 61 510 €Q3·25Q4 2025 Company: 81 668 €Q1 2026 Company: 80 171 €Q1·26Q2 2026 Company: 48 938 €Q3 2026 Company: 58 326 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 976 536 58 326 50 729 19
Q2 2026 923 327 48 938 48 322 20
Q1 2026 708 684 80 171 43 460 19
Q4 2025 933 090 81 668 54 118 18
Q3 2025 1 142 116 61 510 51 152 19
Q2 2025 834 402 45 882 47 365 20
Q1 2025 895 713 47 670 48 307 20
Q4 2024 816 439 79 269 48 560 20
Q3 2024 1 133 263 44 037 44 859 20
Q2 2024 1 027 353 43 391 40 842 20
Q1 2024 718 782 45 934 41 576 19
Q4 2023 943 417 75 186 48 130 20
Q3 2023 1 071 088 54 420 46 535 20
Q2 2023 1 187 960 40 375 42 096 20
Q1 2023 896 455 57 759 44 363 21
Q4 2022 1 086 010 74 538 46 573 22
Q3 2022 1 109 664 46 264 43 860 23
Q2 2022 1 086 706 45 525 47 719 22
Q1 2022 856 891 63 215 50 243 26
Labour taxes per employee per month
890 €
Turnover per employee in the quarter
51 397 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 612 793 € · +0.5% vs 2024 · industry median 44 569 € · above 90% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 232 889 € Industry median: 60 904 €20192020 Company: 2 809 840 € Industry median: 53 378 €20202021 Company: 2 780 725 € Industry median: 56 581 €20212022 Company: 2 821 177 € Industry median: 60 349 €20222023 Company: 2 819 191 € Industry median: 46 659 €20232024 Company: 2 599 070 € Industry median: 39 962 €20242025 Company: 2 612 793 € Industry median: 44 569 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 3 232 889 € Industry median: 60 904 €20192020 Company: 2 809 840 € Industry median: 53 378 €2021 Company: 2 780 725 € Industry median: 56 581 €20212022 Company: 2 821 177 € Industry median: 60 349 €2023 Company: 2 819 191 € Industry median: 46 659 €20232024 Company: 2 599 070 € Industry median: 39 962 €2025 Company: 2 612 793 € Industry median: 44 569 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 170 953 € · −3.8% vs 2024 · industry median 162 € · above 92% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 112 229 € Industry median: 1 069 €20192020 Company: 197 288 € Industry median: 601 €20202021 Company: 230 280 € Industry median: 1 726 €20212022 Company: 259 217 € Industry median: 1 343 €20222023 Company: 273 385 € Industry median: 155 €20232024 Company: 177 739 € Industry median: 20 €20242025 Company: 170 953 € Industry median: 162 €202501002003002018 Company: — Industry median: —2019 Company: 112 229 € Industry median: 1 069 €20192020 Company: 197 288 € Industry median: 601 €2021 Company: 230 280 € Industry median: 1 726 €20212022 Company: 259 217 € Industry median: 1 343 €2023 Company: 273 385 € Industry median: 155 €20232024 Company: 177 739 € Industry median: 20 €2025 Company: 170 953 € Industry median: 162 €2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.5 % · −0.3 pp vs the year before · industry median 2.0 % · above 65% of the industry
02468102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.5 % Industry median: 3.8 %20192020 Company: 7.0 % Industry median: 3.5 %20202021 Company: 8.3 % Industry median: 5.3 %20212022 Company: 9.2 % Industry median: 5.2 %20222023 Company: 9.7 % Industry median: 2.4 %20232024 Company: 6.8 % Industry median: 1.6 %20242025 Company: 6.5 % Industry median: 2.0 %202502468102018 Company: — Industry median: —2019 Company: 3.5 % Industry median: 3.8 %20192020 Company: 7.0 % Industry median: 3.5 %2021 Company: 8.3 % Industry median: 5.3 %20212022 Company: 9.2 % Industry median: 5.2 %2023 Company: 9.7 % Industry median: 2.4 %20232024 Company: 6.8 % Industry median: 1.6 %2025 Company: 6.5 % Industry median: 2.0 %2025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 362 134 € · −2.4% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 073 677 €20192020 Company: 1 030 185 €20202021 Company: 1 020 905 €20212022 Company: 1 427 738 €20222023 Company: 1 438 716 €20232024 Company: 1 395 124 €20242025 Company: 1 362 134 €202505001 0001 5002018 Company: —2019 Company: 1 073 677 €20192020 Company: 1 030 185 €2021 Company: 1 020 905 €20212022 Company: 1 427 738 €2023 Company: 1 438 716 €20232024 Company: 1 395 124 €2025 Company: 1 362 134 €2025
Equity, € thousand 2025: 789 874 € · −3.5% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 681 012 €20192020 Company: 678 300 €20202021 Company: 708 580 €20212022 Company: 767 797 €20222023 Company: 841 182 €20232024 Company: 818 921 €20242025 Company: 789 874 €202502004006008001 0002018 Company: —2019 Company: 681 012 €20192020 Company: 678 300 €2021 Company: 708 580 €20212022 Company: 767 797 €2023 Company: 841 182 €20232024 Company: 818 921 €2025 Company: 789 874 €2025
Employees 2025: 19 · +0.0% vs 2024 · industry median 3 · above 82% of the industry
01020302016 Company: 29 Industry median: —20162017 Company: 29 Industry median: —20172018 Company: 30 Industry median: 420182019 Company: 27 Industry median: 420192020 Company: 25 Industry median: 420202021 Company: 24 Industry median: 420212022 Company: 21 Industry median: 420222023 Company: 19 Industry median: 320232024 Company: 19 Industry median: 320242025 Company: 19 Industry median: 3202501020302018 Company: 30 Industry median: 42019 Company: 27 Industry median: 420192020 Company: 25 Industry median: 42021 Company: 24 Industry median: 420212022 Company: 21 Industry median: 42023 Company: 19 Industry median: 320232024 Company: 19 Industry median: 32025 Company: 19 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (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 2 612 793 170 953 487 675 1 362 134 789 874 19
2024 2 599 070 177 739 445 796 1 395 124 818 921 19
2023 2 819 191 273 385 454 815 1 438 716 841 182 19
2022 2 821 177 259 217 458 661 1 427 738 767 797 21
2021 2 780 725 230 280 492 904 1 020 905 708 580 24
2020 2 809 840 197 288 471 815 1 030 185 678 300 25
2019 3 232 889 112 229 504 795 1 073 677 681 012 27
2018 — — — — — 30
2017 — — — — — 29
2016 — — — — — 29
2015 — — — — — 28
2014 — — — — — 26
2013 — — — — — 24
2012 — — — — — 24
2011 — — — — — 24
2010 — — — — — 23
2009 — — — — — 24
2008 — — — — — 27
2007 — — — — — 27
2005 — — — — — 25
2004 — — — — — 23
2003 — — — — — 23
2002 — — — — — 22
2001 — — — — — 22
2000 — — — — — 17
1999 — — — — — 14
1998 — — — — — 7

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
6.5 %
Net profit / revenue
Return on equity (ROE)
21.6 %
Net profit / equity
Return on assets (ROA)
12.6 %
Net profit / assets
Equity ratio
58.0 %
Equity / assets
Debt ratio
42.0 %
Liabilities / assets
Current ratio
1.63
Current assets / current liabilities
Revenue per employee
137 767 €
Revenue / average full-time employees
Labour cost per employee per month
2 139 €
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 18 Feb 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jan 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jan 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Jan 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 27 Jan 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 4 Feb 2020 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Helys Palk
    Board member · since 6 Jun 2019

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

  • TAULUKESKUS ABSTRACTA OY AB
    Founder · 400 000 € · 14 Jan 1998
  • Rein Ruusalu
    Audit firm · 18 Oct 2010
  • Andres Koern
    Chairman of the supervisory board · 10 Feb 2025
  • Kari Harila
    Supervisory board member · 10 Feb 2025
  • Marika Laiho
    Supervisory board member · 10 Feb 2025
  • Esindajakonto: CITIBANK (LONDON) / OP CUSTODY LTD CL AC-ESTONIA NP
    Shareholder · 25 560 € · 27 Nov 2019
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 16281Manufacture of wooden articles and ornaments and other wooden products Main
Rulings
Number, date Title Deadline State Document
Ä 20010664 / M9
25 Feb 2025
Ruling to correct data outside an entry 18 Mar 2025 Deficiencies eliminated
14 Mar 2025
PDF
Ä 20010664 / 13
4 Jul 2019
Amendment under Commercial Code § 525 (2) In force
4 Jul 2019
PDF
Ä 20010664 / 12
6 Jun 2019
Amendment entry In force
6 Jun 2019
PDF
Ä 20010664 / M8
22 May 2019
Ruling to eliminate deficiencies 12 Jun 2019 Deficiencies eliminated
6 Jun 2019
PDF
Ä 20010664 / M7
13 May 2019
Ruling to eliminate deficiencies 12 Jun 2019 Deficiencies eliminated
6 Jun 2019
PDF
Ä 20010664 / M6
8 May 2019
Procedural ruling 23 May 2019 Deficiencies eliminated
9 May 2019
PDF
Ä 20010664 / 11
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20010664 / 10
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20010664 / 9
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20010664 / 8
7 Mar 2016
Amendment entry In force
7 Mar 2016
PDF
Ä 20010664 / 7
22 Feb 2012
Amendment entry In force
22 Feb 2012
PDF
Ä 20010664 / M5
8 Feb 2012
Ruling to eliminate deficiencies 8 Mar 2012 In force
8 Feb 2012
PDF
Ä 20010664 / M4
12 Dec 2011
Ruling to be served In force
12 Dec 2011
PDF
Ä 20010664 / M3
27 Apr 2011
Ruling to eliminate deficiencies 27 May 2011 In force
27 Apr 2011
PDF
Ä 20010664 / M2
14 Apr 2011
Ruling to eliminate deficiencies 14 Aug 2011 In force
14 Apr 2011
PDF
Ä 20010664 / 6
19 Oct 2010
Amendment under Commercial Code § 525 (2) In force
19 Oct 2010
PDF
Ä 10664 / 5
3 Dec 2008
Deletion of activities from the registry card In force
20 Dec 2008
PDF
Ä 10664 / 4
18 Jan 2006
Amendment entry In force
18 Jan 2006
PDF
Ä 10664 / M1
18 Oct 2005
Ruling to eliminate deficiencies (to be served) 19 Dec 2005 In force PDF
Ä 10664 / 3
27 Mar 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data