TwinTrade OÜ

Active Registry code 11144149 OÜ Tallinn Registered 31 May 2005

TwinTrade OÜ is a OÜ based in Tallinn, registry code 11144149, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €39 728 with 1 employees.

Turnover

39 728 €

↑ 16.7% vs Q2 2026

State taxes

5 825 €

↑ 12.4% vs Q2 2026

Labour taxes

2 751 €

↑ 0.6% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 39 728 €

above 69% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 2 751 €

above 91% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 127 702 €

above 90% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 5.1 %

above 49% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 39 728 € · +16.7% vs Q2 2026 · industry median 15 029 € · above 69% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 751 € · +0.6% vs Q2 2026 · industry median 857 € · above 91% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 5 825 € · +12.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	39 728	5 825	2 751	1
Q2 2026	34 045	5 181	2 735	1
Q1 2026	42 478	8 569	2 857	1
Q4 2025	32 513	7 034	3 165	1
Q3 2025	29 587	4 548	3 165	1
Q2 2025	37 232	43	3 165	1
Q1 2025	37 725	5 444	3 095	1
Q4 2024	33 062	4 647	3 061	1
Q3 2024	28 823	5 277	3 061	1
Q2 2024	20 261	4 196	2 961	1
Q1 2024	36 577	5 927	2 961	1
Q4 2023	39 717	6 720	2 961	1
Q3 2023	37 851	5 843	2 961	1
Q2 2023	38 415	5 417	2 961	1
Q1 2023	39 410	6 411	2 961	1
Q4 2022	38 582	4 935	2 961	2
Q3 2022	29 211	4 031	2 701	2
Q2 2022	35 616	4 822	2 571	2
Q1 2022	40 769	6 033	2 571	2

Labour taxes per employee per month

917 €

Turnover per employee in the quarter

39 728 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 127 702 € · +3.7% vs 2024 · industry median 13 620 € · above 90% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 6 488 € · −95.0% vs 2024 · industry median 283 € · above 76% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.1 % · −99.6 pp vs the year before · industry median 5.9 % · above 49% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 934 293 € · +0.4% vs 2024

Equity, € thousand 2025: 1 155 257 € · +0.6% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Real estate activities (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	127 702	6 488	28 901	1 934 293	1 155 257	1
2024	123 119	128 926	28 901	1 925 657	1 148 769	1
2023	153 505	94 745	28 901	1 805 334	1 019 843	1
2022	142 499	93 574	24 366	1 818 302	925 098	1
2021	184 450	67 192	13 504	1 943 952	831 524	1
2020	121 854	13 587	8 449	1 869 126	764 332	1
2019	—	—	—	—	—	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	1
2007	—	—	—	—	—	0
2006	—	—	—	—	—	0

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

5.0 %

Net profit / revenue

Return on equity (ROE)

0.6 %

Net profit / equity

Return on assets (ROA)

0.3 %

Net profit / assets

Equity ratio

59.7 %

Equity / assets

Debt ratio

40.3 %

Liabilities / assets

Current ratio

1.96

Current assets / current liabilities

Revenue per employee

130 142 €

Revenue / average full-time employees

Labour cost per employee per month

2 408 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jul 2024 – 30 Jun 2025	31 Dec 2025	Company’s own	e-Äriregister
2023	1 Jul 2023 – 30 Jun 2024	29 Dec 2024	Company’s own	e-Äriregister
2022	1 Jul 2022 – 30 Jun 2023	27 Dec 2023	Company’s own	e-Äriregister
2021	1 Jul 2021 – 30 Jun 2022	15 Oct 2022	Company’s own	e-Äriregister
2020	1 Jul 2020 – 30 Jun 2021	9 Apr 2022	Company’s own	e-Äriregister
2019	1 Jul 2019 – 30 Jun 2020	28 Dec 2020	Company’s own	e-Äriregister

Board

Mihkel Kõrgmaa
Board member · since 29 Jun 2005

Right of representation

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

Owners

Ettur OÜ
Legal person · 11036248 · 24 925 €

100%

Beneficial owners

Mihkel Kõrgmaa
Indirect ownership · since 13 Sep 2018

Founders and other persons

Osaühing WASP PROJECT
Founder · 40 000 € · 31 May 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
82101Office administrative and support activities

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10089032 / 14 3 Mar 2021	Amendment entry		In force 3 Mar 2021	PDF
Ä 10089032 / 13 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10089032 / 12 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10089032 / 11 23 Sep 2016	Amendment entry		In force 23 Sep 2016	PDF
Ä 10089032 / 9 6 Jun 2016	First (declaratory) division entry		In force 6 Jun 2016	PDF
Ä 10089032 / 10 6 Jun 2016	Division entry (second, constitutive)		In force 6 Jun 2016	PDF
Ä 10089032 / 8 1 Jun 2016	Third (informative) division entry		In force 1 Jun 2016	PDF
Ä 10089032 / 7 1 Jun 2016	First (declaratory) division entry		In force 1 Jun 2016	PDF
Ä 10089032 / M1 5 Sep 2014	Warning of deletion from the register: annual report not filed	4 Mar 2015	Deficiencies eliminated 26 Dec 2014	PDF
Ä 10089032 / 6 14 Dec 2011	Amendment entry		In force 14 Dec 2011	PDF
Ä 10089032 / 5 4 Jan 2011	Deletion of activities from the registry card		In force 4 Jan 2011	PDF
Ä 89032 / 4 28 Mar 2007	Amendment entry		In force 28 Mar 2007	PDF
Ä 89032 / 3 8 Dec 2006	Amendment entry		In force 8 Dec 2006	PDF
Ä 89032 / 2 29 Jun 2005	Amendment entry		In force	PDF
Ä 89032 31 May 2005	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

TwinTrade OÜ

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 15