T-MODEL OÜ
Active Registry code 11270607
OÜ Tallinn Registered 30 Jun 2006
T-MODEL OÜ is a OÜ based in Tallinn, registry code 11270607, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €284 282 with 11 employees.
Turnover
284 282 €
↑ 36.1% vs Q2 2026
State taxes
94 043 €
↑ 20.8% vs Q2 2026
Labour taxes
49 983 €
↑ 5.2% vs Q2 2026
Employees
11
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 284 282 €above 77% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Labour taxes per employee 4 544 €above 90% of companiesindustry median 1 750 € · companies in the industry: 933
- Revenue · 2025 841 620 €above 81% of companiesindustry median 88 960 € · companies in the industry: 1 426
- Net profit margin · 2025 3.8 %above 46% of companiesindustry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 284 282 | 94 043 | 49 983 | 11 |
| Q2 2026 | 208 947 | 77 876 | 47 493 | 11 |
| Q1 2026 | 239 356 | 79 670 | 46 012 | 11 |
| Q4 2025 | 229 232 | 74 369 | 50 666 | 11 |
| Q3 2025 | 226 010 | 81 374 | 51 503 | 12 |
| Q2 2025 | 165 804 | 64 571 | 45 489 | 12 |
| Q1 2025 | 151 430 | 64 945 | 47 641 | 12 |
| Q4 2024 | 141 913 | 53 873 | 42 568 | 12 |
| Q3 2024 | 184 835 | 75 448 | 57 379 | 11 |
| Q2 2024 | 271 376 | 96 722 | 51 322 | 12 |
| Q1 2024 | 125 858 | 60 050 | 48 407 | 12 |
| Q4 2023 | 150 139 | 58 724 | 43 925 | 13 |
| Q3 2023 | 357 724 | 89 379 | 44 565 | 10 |
| Q2 2023 | 203 411 | 97 695 | 54 152 | 11 |
| Q1 2023 | 563 822 | 108 841 | 43 333 | 12 |
| Q4 2022 | 196 405 | 56 278 | 35 140 | 11 |
| Q3 2022 | 154 573 | 52 776 | 39 077 | 10 |
| Q2 2022 | 149 323 | 54 911 | 39 103 | 10 |
| Q1 2022 | 410 898 | 106 415 | 44 965 | 10 |
Labour taxes per employee per month
1 515 €
Turnover per employee in the quarter
25 844 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 841 620 | 32 319 | 439 957 | 459 625 | 315 136 | 10 |
| 2024 | 722 654 | -45 803 | 463 385 | 369 808 | 282 817 | 11 |
| 2023 | 860 644 | 29 239 | 435 938 | 478 164 | 378 620 | 11 |
| 2022 | 1 069 356 | 197 663 | 369 638 | 810 126 | 449 380 | 10 |
| 2021 | 959 387 | 106 020 | 320 217 | 512 627 | 331 717 | 9 |
| 2020 | 713 593 | 64 321 | 280 863 | 356 576 | 275 698 | 9 |
| 2019 | 540 651 | 74 592 | 227 393 | 313 668 | 256 376 | 8 |
| 2018 | — | — | — | — | — | 6 |
| 2017 | — | — | — | — | — | 7 |
| 2016 | — | — | — | — | — | 7 |
| 2015 | — | — | — | — | — | 6 |
| 2014 | — | — | — | — | — | 3 |
| 2013 | — | — | — | — | — | 4 |
| 2012 | — | — | — | — | — | 5 |
| 2011 | — | — | — | — | — | 6 |
| 2010 | — | — | — | — | — | 7 |
| 2009 | — | — | — | — | — | 9 |
| 2008 | — | — | — | — | — | 8 |
| 2007 | — | — | — | — | — | 5 |
| 2006 | — | — | — | — | — | 2 |
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
3.8 %
Net profit / revenue
Return on equity (ROE)
10.3 %
Net profit / equity
Return on assets (ROA)
7.0 %
Net profit / assets
Equity ratio
68.6 %
Equity / assets
Debt ratio
31.4 %
Liabilities / assets
Current ratio
2.80
Current assets / current liabilities
Revenue per employee
84 162 €
Revenue / average full-time employees
Labour cost per employee per month
3 666 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 31 Mar 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 5 May 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 29 Mar 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 15 Mar 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 17 Feb 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 19 Mar 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Apr 2020 | Company’s own | e-Äriregister |
Board
- Veiko VeerpaluBoard member · since 30 Jun 2006
- Andres VeerpaluBoard member · since 20 Feb 2014
- Kaupo KasklaBoard member · since 24 Oct 2016
- Nasdaq CSD SEKeeper of the share register · since 28 Sep 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: VEIKO VEERPALUNatural person · 960 €
- Omanikukonto: Kaupo KasklaNatural person · 640 €
- Omanikukonto: Andres VeerpaluNatural person · 640 €
- Omanikukonto: ANDRES REISENBUKNatural person · 320 €
Owner in
- 60%
Beneficial owners
- Veiko VeerpaluDirect ownership · since 19 Oct 2018
Founders and other persons
- Veiko VeerpaluFounder · 40 000 € · 30 Jun 2006
Related companies
Activities (EMTAK)
- 42111Construction of roads and motorways Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10099875 / 20 1 Mar 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 1 Mar 2023 |
||
| Ä 10099875 / 19 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10099875 / 18 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| Ä 10099875 / 17 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10099875 / 16 25 Apr 2017 |
Amendment entry | In force 25 Apr 2017 |
||
| Ä 10099875 / 15 24 Oct 2016 |
Amendment entry | In force 24 Oct 2016 |
||
| Ä 10099875 / M5 21 Oct 2016 |
Ruling to eliminate deficiencies | 28 Oct 2016 | Deficiencies eliminated 24 Oct 2016 |
|
| Ä 10099875 / 14 1 Sep 2016 |
Amendment entry | In force 1 Sep 2016 |
||
| Ä 10099875 / 13 20 Feb 2014 |
Amendment entry | In force 20 Feb 2014 |
||
| Ä 10099875 / 12 19 Feb 2014 |
Entry refused: deficiencies not eliminated | In force 7 Mar 2014 |
||
| Ä 10099875 / M4 29 Jan 2014 |
Ruling to eliminate deficiencies | 13 Feb 2014 | In force 29 Jan 2014 |
|
| Ä 10099875 / 11 14 Feb 2012 |
Amendment entry | In force 14 Feb 2012 |
||
| Ä 10099875 / 10 15 Jul 2011 |
Amendment entry | In force 15 Jul 2011 |
||
| Ä 10099875 / M3 20 Jun 2011 |
Ruling to eliminate deficiencies | In force 20 Jun 2011 |
||
| Ä 10099875 / 9 31 May 2010 |
Entry refused: deficiencies not eliminated | In force 31 May 2010 |
||
| Ä 10099875 / M2 15 Apr 2010 |
Ruling to eliminate deficiencies | 15 May 2010 | In force 15 Apr 2010 |
|
| Ä 99875 / 8 22 Oct 2009 |
Amendment under Commercial Code § 525 (2) | In force 22 Oct 2009 |
||
| Ä 99875 / 7 6 Jan 2009 |
Note on registration of shares in the Estonian central register of securities | In force 6 Jan 2009 |
||
| Ä 99875 / 6 3 Dec 2008 |
Deletion of activities from the registry card | In force 30 Dec 2008 |
||
| Ä 99875 / 5 16 Jul 2008 |
Second (constitutive) merger entry | In force 16 Jul 2008 |
||
| Ä 99875 / 4 17 Jun 2008 |
Entry refused: deficiencies not eliminated | In force 2 Jul 2008 |
||
| Ä 99875 / M1 9 Jun 2008 |
Ruling to eliminate deficiencies (to be served) | 28 Jul 2008 | In force 13 Jun 2008 |
|
| Ä 99875 / 3 6 Jun 2008 |
Amendment entry | In force 6 Jun 2008 |
||
| Ä 99875 / 2 13 Sep 2006 |
Amendment entry | In force 13 Sep 2006 |
||
| Ä 99875 29 Jun 2006 |
First entry | In force 30 Jun 2006 |
Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data