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Search›Companies›GM THERMOWOOD OÜ
14863928ActivePrivate limited companyEE102246474 · VAT-registered

GM THERMOWOOD OÜ

Harju maakond, Tallinn, Kesklinna linnaosa, Kuristiku tn 4-2·EMTAK 77399 — Rental and leasing of other machinery, equipment and tangible goods n.e.c.·6+ years
Andmed · ···
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Overview

e-Business Register · 23 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
06.12.2019e-Business Register
Address
Kuristiku tn 4-2, Kesklinna linnaosa, Tallinn, 10127 Harju maakondADS · e-Business Register
E-mail address
mmiilpalu@gmail.come-Business Register
Telephone
+372 5251579· Tele2 Eesti Aktsiaseltse-Business Register · TTJA NBA
Principal activity
EMTAK 77399 - Rental and leasing of other machinery, equipment and tangible goods n.e.c.e-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
2500,00 €e-Business Register
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

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  • Home
  • Views
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  • Activity licences
  • Recent registrations

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 6 sourcese-Business Register · 3 min agoMTA
e-Business Register ↗

Registered 6. detsember 2019, primary activity: Rental and leasing of other machinery, equipment and tangible goods n.e.c.. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.

Revenue 2026 II kv
69 760 €
▼ 15% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
4
2026 (MTA)
Taxes paid
11 460 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 18.08.2026 (MTA)
Revenue 2026 (I-II kv)
126k €
▼ 23% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
4
2026 (MTA)
Taxes paid
17k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 18.08.2026 (MTA)

Officers

e-Business Register · 23 h ago
MM
Mihkel Miilpalu
Born 1969 · 56 y · board member since 06.12.2019
Board member

Founders

e-Business Register · 23 h ago
MM
Mihkel Miilpalu
Born 1969 · 56 y · founder since 06.12.2019
Founder · 3k €

Shareholders

e-Business Register · 23 h ago
MM
Mihkel Miilpalu
Born 1969 · 56 y · shareholder since 01.09.2023
Shareholder 100% · 3k €

Annual reports (5)

e-Business Register · annual reports · 14 päeva tagasi
Revenue 2024
198k €
↘ -76.9% vs 2023
State taxes 2025
12k €
↘ -52.9% vs 2022
Employees 2024
0
YearRevenueProfitEquity

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
1,0m €500k €0

Tech stack

Tehnoloogiad
Mobile carrier
+372 5251579Tele2 Eesti Aktsiaselts

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
27.01.2026ReportEsitati 2024. aasta aruanne— Käive 197 501 €

Connected companies

Same-person ties · e-Business Register

GM THERMOWOOD OÜ is connected to 3 other companies through 1 person who hold a role here and elsewhere. The strongest tie runs through Mihkel Miilpalu (3 companies).

Total connections
3
via 1 person
Connecting people
1
Active here
Distinct roles
3
Board member · Founder
Strongest tie
Mihkel
3 companies
Via personMihkel Miilpalu
Assets
Employees
2024197 501 €−52 570 €488k €528k €027.01.2026
2023855 727 €125 481 €541k €544k €024.07.2024
2022182 550 €119 937 €415k €535k €022.09.2023
2021197 006 €161 183 €295k €417k €028.06.2022
2020148 550 €131 457 €134k €188k €030.06.2021
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q125 546 €6195 €10 600 €4
2025266 174 €12 168 €12 573 €4
2024209 625 €2588 €788 €4
2023830 976 €92 553 €0 €3
2022236 618 €25 860 €0 €3
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 202656k €70k €––
State taxes 202626 €6k €––
Taxes on workforce 20265k €5k €––
Employees 202644––
Revenue 202582k €82k €53k €49k €
State taxes 2025792 €0 €6k €5k €
Taxes on workforce 2025481 €683 €6k €5k €
Employees 20254544
Revenue 202462k €55k €28k €65k €
State taxes 2024––506 €2k €
Taxes on workforce 2024––315 €473 €
Employees 20243334
Revenue 202326k €742k €11k €53k €
State taxes 20230 €93k €––
Taxes on workforce 20230 €0 €––
Employees 20233333
Revenue 202279k €53k €54k €51k €
State taxes 20229k €5k €6k €6k €
Taxes on workforce 20220 €0 €0 €0 €
Employees 20223333
3
MM
Mihkel Miilpalu
board member, founder, shareholder 100%
3 other companies›
CompanyRoleReg. code
Osaühing Roodevälja Terminal
Board memberFounderShareholder 75%
10970745
Skypiercer OÜ
FounderShareholder 33%
17299084
Tallinn, Kuristiku tn 4 korteriühistu
Founder
80388679

Analysis · 2024

computed from annual reports
Revenue198k €median 24k €8.2× the sector median
Net margin-26.6%median 9.6%-36.3 pp vs sector median
Revenue change-76.9%median 0.0%-76.9 pp vs sector median
Equity ratio92.4%
Current ratio5.49
Compared with2023revenue 856k €

Peer group: Muu mujal liigitamata masinate, seadmete jm materiaalse vara rentimine ja kasutusrent, 436 trading companies that filed a report in the last three years.

Founded 2019. That year 16,302 osaühing were registered; 15,706 are still trading, or 96.3%.