New Garage Time OÜ

Active Registry code 12180786 OÜ Tartu linn Registered 24 Oct 2011
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New Garage Time OÜ is a OÜ based in Tartu linn, registry code 12180786, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €31 122 with 6 employees.

Turnover
31 122 €
↓ 35.0% vs Q2 2026
State taxes
16 485 €
↓ 8.7% vs Q2 2026
Labour taxes
11 272 €
↓ 6.8% vs Q2 2026
Employees
6
+1 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 31 122 €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 1 879 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 206 192 €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 -11.1 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 31 122 € · −35.0% vs Q2 2026 · industry median 19 078 € · above 63% of the industry
020 00040 00060 00080 000Q4 2023 Company: 42 980 € Industry median: 20 676 €Q4·23Q1 2024 Company: 50 814 € Industry median: 20 686 €Q2 2024 Company: 44 970 € Industry median: 20 468 €Q2·24Q3 2024 Company: 38 183 € Industry median: 19 835 €Q4 2024 Company: 40 683 € Industry median: 20 482 €Q4·24Q1 2025 Company: 50 352 € Industry median: 20 696 €Q2 2025 Company: 40 756 € Industry median: 21 069 €Q2·25Q3 2025 Company: 53 045 € Industry median: 20 336 €Q4 2025 Company: 71 857 € Industry median: 21 196 €Q4·25Q1 2026 Company: 46 090 € Industry median: 20 670 €Q2 2026 Company: 47 907 € Industry median: 20 000 €Q2·26Q3 2026 Company: 31 122 € Industry median: 19 078 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 40 683 € Industry median: 20 482 €Q1 2025 Company: 50 352 € Industry median: 20 696 €Q1·25Q2 2025 Company: 40 756 € Industry median: 21 069 €Q3 2025 Company: 53 045 € Industry median: 20 336 €Q3·25Q4 2025 Company: 71 857 € Industry median: 21 196 €Q1 2026 Company: 46 090 € Industry median: 20 670 €Q1·26Q2 2026 Company: 47 907 € Industry median: 20 000 €Q3 2026 Company: 31 122 € Industry median: 19 078 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 879 € · −22.4% vs Q2 2026 · industry median 2 345 € · above 42% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 342 € Industry median: 2 319 €Q4·23Q1 2024 Company: 2 680 € Industry median: 2 529 €Q2 2024 Company: 2 944 € Industry median: 2 514 €Q2·24Q3 2024 Company: 2 936 € Industry median: 2 481 €Q4 2024 Company: 2 845 € Industry median: 2 431 €Q4·24Q1 2025 Company: 2 971 € Industry median: 2 523 €Q2 2025 Company: 3 006 € Industry median: 2 506 €Q2·25Q3 2025 Company: 2 807 € Industry median: 2 577 €Q4 2025 Company: 3 417 € Industry median: 2 632 €Q4·25Q1 2026 Company: 2 218 € Industry median: 2 408 €Q2 2026 Company: 2 420 € Industry median: 2 335 €Q2·26Q3 2026 Company: 1 879 € Industry median: 2 345 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 845 € Industry median: 2 431 €Q1 2025 Company: 2 971 € Industry median: 2 523 €Q1·25Q2 2025 Company: 3 006 € Industry median: 2 506 €Q3 2025 Company: 2 807 € Industry median: 2 577 €Q3·25Q4 2025 Company: 3 417 € Industry median: 2 632 €Q1 2026 Company: 2 218 € Industry median: 2 408 €Q1·26Q2 2026 Company: 2 420 € Industry median: 2 335 €Q3 2026 Company: 1 879 € Industry median: 2 345 €Q3·26
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +20.0% vs Q2 2026
0246Q4 2023 Company: 3Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 4Q2 2025 Company: 4Q2·25Q3 2025 Company: 5Q4 2025 Company: 5Q4·25Q1 2026 Company: 5Q2 2026 Company: 5Q2·26Q3 2026 Company: 6Q3·260246Q4 2024 Company: 4Q1 2025 Company: 4Q1·25Q2 2025 Company: 4Q3 2025 Company: 5Q3·25Q4 2025 Company: 5Q1 2026 Company: 5Q1·26Q2 2026 Company: 5Q3 2026 Company: 6Q3·26
State taxes, € Q3 2026: 16 485 € · −8.7% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 17 340 €Q4·23Q1 2024 Company: 15 993 €Q2 2024 Company: 17 396 €Q2·24Q3 2024 Company: 18 478 €Q4 2024 Company: 14 979 €Q4·24Q1 2025 Company: 19 907 €Q2 2025 Company: 17 955 €Q2·25Q3 2025 Company: 21 402 €Q4 2025 Company: 48 227 €Q4·25Q1 2026 Company: 18 219 €Q2 2026 Company: 18 060 €Q2·26Q3 2026 Company: 16 485 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 14 979 €Q1 2025 Company: 19 907 €Q1·25Q2 2025 Company: 17 955 €Q3 2025 Company: 21 402 €Q3·25Q4 2025 Company: 48 227 €Q1 2026 Company: 18 219 €Q1·26Q2 2026 Company: 18 060 €Q3 2026 Company: 16 485 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 31 122 16 485 11 272 6
Q2 2026 47 907 18 060 12 099 5
Q1 2026 46 090 18 219 11 092 5
Q4 2025 71 857 48 227 17 085 5
Q3 2025 53 045 21 402 14 036 5
Q2 2025 40 756 17 955 12 025 4
Q1 2025 50 352 19 907 11 884 4
Q4 2024 40 683 14 979 11 378 4
Q3 2024 38 183 18 478 11 742 4
Q2 2024 44 970 17 396 11 775 4
Q1 2024 50 814 15 993 10 720 4
Q4 2023 42 980 17 340 10 027 3
Q3 2023 37 175 14 816 9 992 2
Q2 2023 40 160 13 855 9 992 2
Q1 2023 31 305 10 259 8 181 2
Q4 2022 71 241 16 585 7 276 2
Q3 2022 42 059 11 409 7 276 2
Q2 2022 90 725 18 079 8 540 2
Q1 2022 50 162 14 321 8 895 2
Labour taxes per employee per month
626 €
Turnover per employee in the quarter
5 187 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 206 192 € · +20.4% vs 2024 · industry median 14 309 € · above 87% of the industry
0501001502002502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 164 503 € Industry median: 11 130 €20192020 Company: 176 271 € Industry median: 11 075 €20202021 Company: 212 241 € Industry median: 13 105 €20212022 Company: 242 710 € Industry median: 15 004 €20222023 Company: 162 282 € Industry median: 15 508 €20232024 Company: 171 306 € Industry median: 13 785 €20242025 Company: 206 192 € Industry median: 14 309 €20250501001502002502018 Company: — Industry median: —2019 Company: 164 503 € Industry median: 11 130 €20192020 Company: 176 271 € Industry median: 11 075 €2021 Company: 212 241 € Industry median: 13 105 €20212022 Company: 242 710 € Industry median: 15 004 €2023 Company: 162 282 € Industry median: 15 508 €20232024 Company: 171 306 € Industry median: 13 785 €2025 Company: 206 192 € Industry median: 14 309 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -22 984 € · −96.1% vs 2024 · industry median 106 € · above 8% of the industry
-10001002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -15 963 € Industry median: 618 €20192020 Company: 26 745 € Industry median: 618 €20202021 Company: -7 555 € Industry median: 827 €20212022 Company: 238 814 € Industry median: 300 €20222023 Company: -36 466 € Industry median: 383 €20232024 Company: -11 720 € Industry median: 249 €20242025 Company: -22 984 € Industry median: 106 €2025-10001002003002018 Company: — Industry median: —2019 Company: -15 963 € Industry median: 618 €20192020 Company: 26 745 € Industry median: 618 €2021 Company: -7 555 € Industry median: 827 €20212022 Company: 238 814 € Industry median: 300 €2023 Company: -36 466 € Industry median: 383 €20232024 Company: -11 720 € Industry median: 249 €2025 Company: -22 984 € Industry median: 106 €2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -11.1 % · −4.3 pp vs the year before · industry median 15.1 % · above 18% of the industry
-2502550751002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -9.7 % Industry median: 21.0 %20192020 Company: 15.2 % Industry median: 22.4 %20202021 Company: -3.6 % Industry median: 23.6 %20212022 Company: 98.4 % Industry median: 19.1 %20222023 Company: -22.5 % Industry median: 17.8 %20232024 Company: -6.8 % Industry median: 16.3 %20242025 Company: -11.1 % Industry median: 15.1 %2025-2502550751002018 Company: — Industry median: —2019 Company: -9.7 % Industry median: 21.0 %20192020 Company: 15.2 % Industry median: 22.4 %2021 Company: -3.6 % Industry median: 23.6 %20212022 Company: 98.4 % Industry median: 19.1 %2023 Company: -22.5 % Industry median: 17.8 %20232024 Company: -6.8 % Industry median: 16.3 %2025 Company: -11.1 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 122 974 € · −42.5% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 37 419 €20192020 Company: 56 633 €20202021 Company: 48 812 €20212022 Company: 281 478 €20222023 Company: 236 673 €20232024 Company: 213 833 €20242025 Company: 122 974 €202501002003002018 Company: —2019 Company: 37 419 €20192020 Company: 56 633 €2021 Company: 48 812 €20212022 Company: 281 478 €2023 Company: 236 673 €20232024 Company: 213 833 €2025 Company: 122 974 €2025
Equity, € thousand 2025: 115 768 € · −42.0% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 9 935 €20192020 Company: 33 679 €20202021 Company: 26 124 €20212022 Company: 267 938 €20222023 Company: 211 472 €20232024 Company: 199 752 €20242025 Company: 115 768 €202501002003002018 Company: —2019 Company: 9 935 €20192020 Company: 33 679 €2021 Company: 26 124 €20212022 Company: 267 938 €2023 Company: 211 472 €20232024 Company: 199 752 €2025 Company: 115 768 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 85% of the industry
02468102016 Company: 7 Industry median: —20162017 Company: 7 Industry median: —20172018 Company: 9 Industry median: 120182019 Company: 6 Industry median: 120192020 Company: 4 Industry median: 120202021 Company: 4 Industry median: 120212022 Company: 3 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 3 Industry median: 1202502468102018 Company: 9 Industry median: 12019 Company: 6 Industry median: 120192020 Company: 4 Industry median: 12021 Company: 4 Industry median: 120212022 Company: 3 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 3 Industry median: 12025
  • Company
  • Industry median

Industry: Computer programming, consultancy and related 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 206 192 -22 984 128 039 122 974 115 768 3
2024 171 306 -11 720 110 186 213 833 199 752 3
2023 162 282 -36 466 93 133 236 673 211 472 3
2022 242 710 238 814 75 547 281 478 267 938 3
2021 212 241 -7 555 92 433 48 812 26 124 4
2020 176 271 26 745 82 386 56 633 33 679 4
2019 164 503 -15 963 142 714 37 419 9 935 6
2018 — — — — — 9
2017 — — — — — 7
2016 — — — — — 7
2015 — — — — — 5
2014 — — — — — 5
2013 — — — — — 4
2012 — — — — — 1

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
-11.1 %
Net profit / revenue
Return on equity (ROE)
-19.9 %
Net profit / equity
Return on assets (ROA)
-18.7 %
Net profit / assets
Equity ratio
94.1 %
Equity / assets
Debt ratio
5.9 %
Liabilities / assets
Current ratio
16.91
Current assets / current liabilities
Revenue per employee
68 731 €
Revenue / average full-time employees
Labour cost per employee per month
3 557 €
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 3 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 21 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 13 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 12 Jun 2020 Company’s own e-Äriregister

Board

  • Mehis Pärn
    Board member · since 24 Oct 2011
  • Nasdaq CSD SE
    Keeper 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

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 20057856 / 11
20 Jan 2023
Amendment entry In force
20 Jan 2023
PDF
Ä 20057856 / M3
19 Jan 2023
Ruling to eliminate deficiencies 24 Jan 2023 Deficiencies eliminated
20 Jan 2023
PDF
Ä 20057856 / M2
19 Jan 2023
Ruling to eliminate deficiencies 24 Jan 2023 Deficiencies eliminated
20 Jan 2023
PDF
Ä 20057856 / 10
14 Jan 2021
Amendment entry In force
14 Jan 2021
PDF
Ä 20057856 / M1
31 Dec 2020
Ruling to eliminate deficiencies 20 Jan 2021 Deficiencies eliminated
14 Jan 2021
PDF
Ä 20057856 / 9
31 Dec 2020
Amendment entry In force
31 Dec 2020
PDF
Ä 20057856 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20057856 / 7
23 Dec 2017
Amendment entry In force
23 Dec 2017
PDF
Ä 20057856 / 6
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 20057856 / 5
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20057856 / 4
23 Sep 2015
Amendment entry In force
23 Sep 2015
PDF
Ä 20057856 / 3
3 Jul 2014
Amendment under Commercial Code § 525 (2) In force
3 Jul 2014
PDF
Ä 20057856 / 2
20 May 2013
Amendment entry In force
20 May 2013
PDF
Ä 20057856
24 Oct 2011
First entry In force
24 Oct 2011
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data