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OÜ Thorgate Management

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RegisteredHarju County
Registry code
12073493
VAT number
EE101434038
Address
Harju maakond, Tallinn, Mustamäe linnaosa, Mäealuse tn 2/1, 12618
Registered
14.03.2011 · 15 yrs
Activity
Äri- ja muu juhtimisalane nõustamine 70201
Capital
345 528 €
Email
j•••@t•••.euLog in to see
Phone
+372 •• ••••Log in to see
Website
https://thorgate.eu
Business Register 06.10.2026
Sales revenue659 k €+1%2025 annual report
Profit490 €2025 annual report
Employees3Tax Board 2026 Q2
Average gross salary4 056 €estimate, Tax Board 2026 Q2
Labour taxes per quarter18 619 €Tax Board 2026 Q2
Cash2 795 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months735 k €+7%Tax Board, last 4 quarters
State taxes 12 months150 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 203 tuh €
165 k164 k187 k173 k171 k173 k188 k203 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
81 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 7% vs a year earlier
Notification when something changes
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Data

Board and owners

4 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Ivar Merilo12 companiesno tax debtPersonal ID ↗14.03.2011
Raido Pikkar10 companiesno tax debtPersonal ID ↗08.06.2015
Toomas Uripea13 companiesno tax debtPersonal ID ↗08.06.2015
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Shareholders 7
Omanikukonto: OÜ THORSTEN32,29% 111 561 €12.03.2025
Omanikukonto: TIME SOLUTIONS OÜ30,89% 106 719 €09.05.2024
Omanikukonto: Mepe Holdings OÜ18,13% 62 631 €09.05.2024
Omanikukonto: TOOMAS URIPEA8,1% 27 990 €09.05.2024
Omanikukonto: OÜ DONEWISE5,87% 20 295 €09.05.2024
Omanikukonto: RIVO LAKS3,95% 13 650 €09.05.2024
Omanikukonto: OÜ TH3F0X0,78% 2 682 €09.05.2024
Beneficial owners 2
Raido Pikkar10 companiesno tax debtkaudne osalus30.06.2023
Toomas Uripea13 companiesno tax debtkaudne osalus30.06.2023

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue19,1%
Labour taxes / revenue9,2%
Revenue per employee per month22 604 €
Gross salary (estimate)4 056 €
Net salary (estimate)3 204 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2203 434 €▲ 18%18 619 €38 939 €3
2026 Q1187 890 €▲ 0%19 164 €37 185 €3
2025 Q4172 558 €▲ 5%21 481 €35 721 €3
2025 Q3171 439 €▲ 4%24 212 €38 353 €3
2025 Q2172 812 €▲ 5%18 434 €32 516 €4
2025 Q1186 994 €▲ 6%14 713 €29 194 €4
2024 Q4163 974 €▼ 0%14 584 €26 927 €3
2024 Q3164 799 €▼ 11%9 450 €23 108 €3
2024 Q2164 450 €▼ 15%10 574 €21 428 €2
2024 Q1175 710 €▼ 6%15 567 €31 750 €3
2023 Q4164 788 €▼ 12%13 420 €25 668 €3
2023 Q3185 504 €▲ 1%17 523 €30 952 €3
Show full history (18 quarters)
2023 Q2193 278 €▲ 12%11 020 €25 519 €3
2023 Q1186 650 €▲ 6%7 404 €20 786 €3
2022 Q4187 619 €11 184 €26 241 €2
2022 Q3184 139 €7 596 €24 614 €3
2022 Q2173 306 €6 287 €24 479 €2
2022 Q1175 595 €4 131 €20 438 €3

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue659 k €▲ 1%652 k €▼ 6%694 k €▼ 2%706 k €▲ 3%685 k €
Profit490 €▼ 99%97 438 €▲ into profit-37 117 €▼ into loss161 k €▲ 15%140 k €
Profit margin0,1%14,9%-5,4%22,9%20,4%
Retained earnings674 k €▲ 17%577 k €▼ 6%614 k €▲ 36%452 k €▲ 45%313 k €
Cash2 795 €▲ 34%2 082 €▲ 305%514 €▼ 99%37 986 €▲ 872%3 907 €
Current assets78 030 €▼ 71%271 k €▲ 10%246 k €▲ 72%143 k €▼ 20%179 k €
Fixed assets1,5 m €▲ 13%1,3 m €▼ 1%1,3 m €▲ 8%1,2 m €▲ 12%1,1 m €
Assets1,6 m €▼ 2%1,6 m €0%1,6 m €▲ 15%1,4 m €▲ 8%1,3 m €
Current liabilities224 k €▲ 11%203 k €▲ 8%188 k €▲ 14%164 k €▼ 39%268 k €
Long-term liabilities100 k €▼ 33%149 k €▼ 51%304 k €▲ 32%231 k €▼ 19%285 k €
Total liabilities324 k €▼ 8%351 k €▼ 29%492 k €▲ 24%395 k €▼ 29%553 k €
Equity1,2 m €0%1,2 m €▲ 14%1,1 m €▲ 11%973 k €▲ 36%716 k €
Labour costs-189 k €▼ 64%-115 k €▼ 10%-105 k €▼ 65%-63 581 €▲ 9%-69 532 €
Employees30%30%3▲ 50%20%2
Filed24.06.202630.06.202512.06.202412.05.202327.05.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Äri- ja muu juhtimisalane nõustamine main activity70201630 720 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

2 toetust

Toetuse saanud projektid

ProjektMeedePerioodToetusVälja makstud
GateMe ekspordi arendamine
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Ekspordi arendamise toetus30.04.2012 – 31.12.201341 930 €
USA eelpatendi taotlus ja patendiuuring
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus		Innovatsiooniosakute toetusmeede14.07.2011 – 14.10.20113 954 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

15
CompanyCodeHoldingSinceRevenue
bide technology OÜ161566033,07%06.08.20261,8 m €
Hepta Insights OÜ143115600,34%15.09.20231,4 m €
Thorgate Digital OÜ1437612889,03%15.04.20261,2 m €
Patchstack OÜ143312170,26%01.09.20231,1 m €
Waybiller OÜ1420001046,3%16.07.2026682 k €
Eziil Production Intelligence OÜ129689651,09%07.03.2024647 k €
Moderan Solutions OÜ129583230,51%25.01.2023505 k €
Bilance Technology OÜ146371031,04%14.08.2026282 k €
Spotit OÜ144599370,45%01.09.202398 020 €
Babash Group OÜ145853325,02%07.04.202574 705 €
GateMe OÜ12883849100,0%07.03.202498 €
Thorgate Ventures I OÜ1424461641,56%27.02.20260 €
Thorgate Ventures II Greentech OÜ1466787736,5%07.03.20240 €
Thorgate Ventures III OÜ1479974534,0%01.04.20250 €
Sportlio OÜ1266328930,01%01.09.20230 €

Business Register

Companies linked via the board

23
Mittetulundusühing Eesti JäähokiliitToomas Uripea1,4 m €AThorgate Digital OÜIvar Merilo, Raido Pikkar, Toomas Uripea1,2 m €AAWaybiller OÜIvar Merilo, Raido Pikkar682 k €AAMerilo Brothers OÜIvar Merilo492 k €AAOsaühing ThorstenToomas Uripea173 k €ATIME Solutions OÜRaido Pikkar158 k €AOÜ EJHL KinnisvaraToomas Uripea120 k €Amittetulundusühing Python EstoniaIvar Merilo, Raido Pikkar53 318 €APIIBELEHT VARAHALDUS OsaühingToomas Uripea49 348 €AMepe Holdings OÜIvar Merilo46 735 €ARae vald, Peetri alevik, Kopli tee 8 korteriühistuIvar Merilo3 170 €AÄripataljon OÜRaido Pikkar2 000 €ASeitse Energia OÜToomas Uripea1 666 €ASihtasutus Lastestaadioni JäähallToomas Uripea350 €AGateMe OÜIvar Merilo, Raido Pikkar98 €AOÜ KarukoldToomas Uripea0 €BBOÜ MepeIvar Merilo0 €BBThorgate Ventures I OÜIvar Merilo, Raido Pikkar0 €BBThorgate Ventures II Greentech OÜIvar Merilo, Raido Pikkar, Toomas Uripea0 €BBThorgate Ventures III OÜIvar Merilo, Raido Pikkar0 €BBOÜ SK33B ArendusToomas Uripea0 €BBOÜ TH8 ArendusToomas Uripea0 €BBOÜ KB4A ArendusToomas Uripea0 €BB

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Äri- ja muu juhtimisalane nõustamine

20
#CompanyRevenue
1IPF Digital AS49,7 m €
2Buggyra Organisation OÜ29,8 m €
3KPMG Baltics OÜ23,6 m €
4Aktsiaselts MAGNUM10,8 m €
5Unlimited Services OÜ10,4 m €
6Civitta AS8,7 m €
7OÜ Skeleton Technologies6,3 m €
8Capital Mill OÜ5,6 m €
9Zenith Family Office OÜ5,0 m €
10Gofaizen & Sherle OÜ4,9 m €
11Odys Global OÜ4,8 m €
12PHONE WORKS SOLUTIONS OÜ3,9 m €
13Menasa Intellectual Property Rights Management OÜ3,8 m €
14Seven Minerals OÜ3,5 m €
15Miltton New Nordics OÜ3,5 m €
16Colonna Varahaldus OÜ3,4 m €
17Trinetix Digital Europe OÜ3,1 m €
18AS PricewaterhouseCoopers Advisors3,1 m €
19East Capital Real Estate AS3,0 m €
20Sweep.agency. OÜ3,0 m €

OÜ Thorgate Management: place 190 /7693

Similar size: Keystone Advisers osaühing, 4 Lions Management OÜ, Lumea OÜ, Good Iron Trading OÜ, osaühing BF Regens, smeGo Estonia OÜ, Skywings OÜ, Arcis Partners OÜ, Int. Formalities&Procedures OÜ, OÜ Baltic Traders

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Pandid, domeenid

2 records

Commercial pledges

NumberPandipidajaAmountSince
1Swedbank AS100 000 €28.09.2017

Domains

DomainSource
thorgate.euBusiness Register

History and notices

25
DateTypeContent
06.05.2024EntryAmendment entry
06.11.2023EntryAmendment entry
03.11.2023Order to remedy deficienciesAmendment entry
26.07.2023EntryAmendment entry
16.03.2023EntryAmendment entry
17.06.2022EntryAmendment entry
28.02.2022EntryAmendment entry
26.10.2021EntryAmendment entry
29.06.2021EntryAmendment entry
10.06.2021EntryAmendment entry
17.01.2018EntryAmendment entry
02.12.2017EntryAmendment entry
28.09.2017EntryKommertspandi avamiskanne
28.09.2017EntryAmendment entry
25.09.2017Order to remedy deficienciesKommertspandi avamiskanne
08.06.2015EntryAmendment entry
04.05.2015EntryAmendment entry
26.06.2013EntryMuutmiskanne ÄS § 525 lg 2 alusel
22.11.2012Märge osade või aktsiate registreerituse kohta EVK-sMärkus
30.07.2012EntryAmendment entry
26.07.2012Order to remedy deficienciesAmendment entry
19.07.2012EntryAmendment entry
10.07.2012Order to remedy deficienciesAmendment entry
23.05.2011EntryAmendment entry
14.03.2011EntryFirst entry