Gren Tartu ASRegistered
Qualified audit opinion. 2025 report: Qualified.
Key figures
48 742 523 €−5,9%
Revenue 2025
+104,2%
Average annual growth 2019–2025
Ratios
202524,8%
Profit margin
49,7%
EBITDA margin
85,6%
Equity ratio
1,2×
Current ratio
7,0%
Return on equity
5107 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 14 177 700 € | 67 | 576 883 € |
| Q1 2026 | 26 920 153 € | 68 | 377 868 € |
| Q4 2025 | 16 631 300 € | 68 | 381 271 € |
| Q3 2025 | 7 885 830 € | 65 | 395 292 € |
| Q2 2025 | 14 997 052 € | 65 | 545 528 € |
| Q1 2025 | 20 073 632 € | 64 | 359 309 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
No dividends were distributed.
History
dividend other equity decrease
20250 €
20241792 €+3 072 041 € other
20230 €+3 291 609 € other
20220 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 † | 2020 † | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | — | 8 121 213 | 7 418 773 | 30 501 768 | 21 687 745 | 17 149 877 | 11 218 231 |
| Total non-current assets | — | 21 650 310 | 9 259 480 | 149 106 011 | 150 609 195 | 186 931 576 | 191 308 541 |
| Total assets | 37 743 186 | 29 771 523 | 16 678 253 | 179 607 779 | 172 296 940 | 204 081 453 | 202 526 772 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | — | 7 176 245 | 798 246 | 14 296 849 | 7 323 458 | 7 280 429 | 9 292 737 |
| Non-current liabilities | — | 11 370 518 | 4 433 962 | 35 956 225 | 16 390 050 | 37 588 231 | 19 805 248 |
| Total liabilities | — | 18 546 763 | 5 232 208 | 50 253 074 | 23 713 508 | 44 868 660 | 29 097 985 |
| Share capital | — | 6 415 560 | 6 415 560 | 6 415 560 | 6 415 560 | 6 415 560 | 6 415 560 |
| Retained earnings of previous periods | — | −1 214 098 | 4 167 644 | 105 223 164 | 116 863 465 | 139 382 009 | 153 085 203 |
| Profit for the year | — | 5 381 742 | 221 285 | 11 640 301 | 22 520 336 | 13 703 194 | 12 064 917 |
| Reserves and other equity | — | 641 556 | 641 556 | 6 075 680 | 2 784 071 | −287 970 | 1 863 107 |
| Total equity | — | 11 224 760 | 11 446 045 | 129 354 705 | 148 583 432 | 159 212 793 | 173 428 787 |
| Income statement | |||||||
| Sales revenue | 673 200 | 675 600 | 700 800 | 58 345 073 | 71 784 136 | 51 772 007 | 48 742 523 |
| Operating profit | — | 2571 | 3927 | 11 756 881 | 23 263 747 | 13 570 205 | 13 158 019 |
| EBITDA | — | 3772 | 5128 | 19 247 501 | 31 141 393 | 21 629 269 | 24 249 044 |
| Profit before income tax | — | 5 692 789 | 221 285 | 11 640 301 | 22 520 336 | 13 703 194 | 12 064 917 |
| Profit for the reporting year | — | 5 381 742 | 221 285 | 11 640 301 | 22 520 336 | 13 703 194 | 12 064 917 |
| Labour costs | — | 482 176 | 444 464 | 3 163 053 | 3 580 941 | 3 451 312 | 3 875 730 |
| Depreciation of non-current assets | — | 1201 | 1201 | 7 490 620 | 7 877 646 | 8 059 064 | 11 091 025 |
| Other indicators | |||||||
| Employees | 8 | 8 | 7 | 63 | 65 | 65 | 66 |
| Calculated dividend | — | — | — | 0 | 0 | 1792 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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