Osaühing TS Shipping

Active Registry code 11163254 OÜ Tallinn Registered 8 Sep 2005

Osaühing TS Shipping is a OÜ based in Tallinn, registry code 11163254, status: active. Main activity: Other service activities incidental to water transportation. According to EMTA, turnover for Q3 2026 was €1 067 193 with 36 employees.

Turnover

1 067 193 €

↓ 54.9% vs Q2 2026

State taxes

325 745 €

↑ 5.7% vs Q2 2026

Labour taxes

349 426 €

↑ 6.1% vs Q2 2026

Employees

−2 vs Q2 2026

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

Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52

Turnover · Q3 2026 1.1 mn €

above 90% of companies

industry median 38 439 € · companies in the industry: 1 299
Labour taxes per employee 9 706 €

above 98% of companies

industry median 1 714 € · companies in the industry: 884
Revenue · 2025 8 mn €

above 98% of companies

industry median 36 293 € · companies in the industry: 2 027
Net profit margin · 2025 4.4 %

above 55% of companies

industry median 2.9 % · companies in the industry: 1 539

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 067 193 € · −54.9% vs Q2 2026 · industry median 38 439 € · above 90% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 9 706 € · +12.0% vs Q2 2026 · industry median 1 714 € · above 98% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 36 · −5.3% vs Q2 2026

State taxes, € thousand Q3 2026: 325 745 € · +5.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 067 193	325 745	349 426	36
Q2 2026	2 368 210	308 038	329 455	38
Q1 2026	4 103 363	314 104	335 614	38
Q4 2025	16 944	363 823	387 412	38
Q3 2025	18 977	282 965	302 125	38
Q2 2025	2 369 963	381 164	407 194	36
Q1 2025	3 283 900	372 823	395 193	39
Q4 2024	57 222	364 590	381 900	38
Q3 2024	2 070 676	468 135	491 340	39
Q2 2024	4 405 696	316 403	331 758	46
Q1 2024	3 645 743	381 930	400 687	42
Q4 2023	638 570	438 791	459 617	42
Q3 2023	3 049 314	368 924	376 398	43
Q2 2023	2 483 865	308 011	321 081	45
Q1 2023	3 558 836	376 812	391 800	43
Q4 2022	78 604	403 785	424 880	42
Q3 2022	13 902	302 049	317 271	42
Q2 2022	2 173 687	264 615	278 180	44
Q1 2022	3 033 794	373 360	394 226	43

Labour taxes per employee per month

3 235 €

Turnover per employee in the quarter

29 644 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 7 971 649 € · −34.7% vs 2024 · industry median 36 293 € · above 98% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 348 000 € · +198.0% vs 2024 · industry median 123 € · above 98% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.4 % · +7.3 pp vs the year before · industry median 2.9 % · above 55% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 24 266 000 € · −6.1% vs 2024

Equity, € thousand 2025: 10 629 000 € · +3.4% vs 2024

Employees 2025: 36 · −12.2% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Warehousing, storage and support activities for transportation (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	7 971 649	348 000	3 356 000	24 266 000	10 629 000	36
2024	12 210 733	-355 000	3 975 000	25 836 000	10 281 000	41
2023	11 729 000	-991 000	3 745 000	27 571 000	10 636 000	43
2022	10 303 000	2 017 000	3 268 000	30 009 000	11 627 000	43
2021	9 896 983	2 310 000	3 222 000	29 750 000	9 610 000	43
2020	9 200 684	1 356 000	3 102 000	31 925 000	10 300 000	42
2019	9 772 000	2 169 000	3 037 000	32 182 000	8 944 000	43
2018	—	—	—	—	—	43
2017	—	—	—	—	—	42
2016	—	—	—	—	—	44
2015	—	—	—	—	—	44
2014	—	—	—	—	—	47
2013	—	—	—	—	—	46
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	0
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

4.4 %

Net profit / revenue

Return on equity (ROE)

3.3 %

Net profit / equity

Return on assets (ROA)

1.4 %

Net profit / assets

Equity ratio

43.8 %

Equity / assets

Debt ratio

56.2 %

Liabilities / assets

Current ratio

2.17

Current assets / current liabilities

Revenue per employee

221 444 €

Revenue / average full-time employees

Labour cost per employee per month

7 769 €

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	30 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	24 May 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	13 Apr 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	22 Apr 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Apr 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	15 Apr 2020	Company’s own · audited	e-Äriregister

Board

Vahur Ausmees
Board member · since 6 Sep 2023
Margus Raad
Board member · since 16 Jan 2026

Right of representation

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

Owners

aktsiaselts TALLINNA SADAM
Legal person · 10137319 · 3 195 €

100%

Beneficial owners

Margus Raad
Member of a senior management body (management or supervisory board) · since 28 Jan 2026
Vahur Ausmees
Member of a senior management body (management or supervisory board) · since 24 Oct 2024
Rene Pärt
Member of a senior management body (management or supervisory board) · since 24 May 2024
Andrus Ait
Member of a senior management body (management or supervisory board) · since 27 Oct 2022
Valdo Kalm
Member of a senior management body (management or supervisory board) · since 26 Oct 2018

Founders and other persons

aktsiaselts TALLINNA SADAM
Founder · 40 000 € · 8 Sep 2005
Aktsiaselts PricewaterhouseCoopers
Audit firm · 29 May 2023
Valdo Kalm
Chairman of the supervisory board · 17 Feb 2026
Andrus Ait
Supervisory board member · 28 Feb 2022
Rene Pärt
Supervisory board member · 1 Oct 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

52229Other service activities incidental to water transportation Main

Rulings 23

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10091351 / 17 16 Jan 2026	Amendment entry		In force 16 Jan 2026	PDF
Ä 10091351 / 16 2 Dec 2025	Amendment entry		In force 2 Dec 2025	PDF
Ä 10091351 / 15 6 Sep 2023	Amendment entry		In force 6 Sep 2023	PDF
Ä 10091351 / 14 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10091351 / 13 6 Jul 2023	Amendment entry		In force 6 Jul 2023	PDF
Ä 10091351 / M6 2 Mar 2021	Ruling to correct data outside an entry	12 Mar 2021	Deficiencies eliminated 2 Mar 2021	PDF
Ä 10091351 / M5 18 Jan 2018	Ruling to correct data outside an entry	17 Feb 2018	Deficiencies eliminated 7 Feb 2018	PDF
Ä 10091351 / 12 17 Jan 2018	Amendment under Commercial Code § 525 (2)		In force 17 Jan 2018	PDF
Ä 10091351 / 11 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10091351 / 10 22 Dec 2016	Amendment under Commercial Code § 525 (2)		In force 22 Dec 2016	PDF
Ä 10091351 / 9 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
Ä 10091351 / M4 22 Mar 2016	Procedural ruling	1 Apr 2016	Deficiencies eliminated 22 Mar 2016	PDF
Ä 10091351 / 8 31 Jan 2016	Amendment entry		In force 31 Jan 2016	PDF
Ä 10091351 / M3 5 Oct 2015	Refund of the state fee		In force 5 Oct 2015	PDF
Ä 10091351 / 7 12 Jan 2015	Amendment under Commercial Code § 525 (2)		In force 12 Jan 2015	PDF
Ä 10091351 / 6 15 Mar 2013	Amendment under Commercial Code § 525 (2)		In force 15 Mar 2013	PDF
Ä 10091351 / 5 11 Jan 2013	Amendment entry		In force 11 Jan 2013	PDF
Ä 10091351 / M2 28 Dec 2012	Ruling to eliminate deficiencies	31 Jan 2013	In force 28 Dec 2012	PDF
Ä 10091351 / 4 20 Dec 2012	Amendment entry		In force 20 Dec 2012	PDF
Ä 10091351 / M1 18 Dec 2012	Ruling to eliminate deficiencies	31 Jan 2013	In force 18 Dec 2012	PDF
Ä 91351 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 12 Dec 2008	PDF
Ä 91351 / 2 4 Jun 2008	Amendment entry		In force 4 Jun 2008	PDF
Ä 91351 8 Sep 2005	First entry		In force	PDF

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

Osaühing TS Shipping

Position in the industry Warehousing, storage and support activities for transportation · EMTAK 52

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 23