Osaühing Garela Projekt
RegisteredKey figures
Ratios
2023Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Osaühing Garela Projekt
What kind of company is it?
Osaühing Garela Projekt (registry code 10680504) is a private limited company (OÜ). The company was entered in the Commercial Register in 2000 and has been registered for 26 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other real estate management or related activities (EMTAK 68329). The company is registered for VAT (VAT number EE100644887).
How is the company doing financially?
Revenue in financial year 2023 was 404 040 €, down 35,5% on the previous year (626 252 €). From 2019 to 2023, revenue grew by an average of 13,7% per year. Net profit for financial year 2023 was 2 699 567 € (668% of revenue). The company was profitable in all 5 published financial years. In financial year 2023 the company had 1 employees. Revenue per employee was 404 040 €. At the end of financial year 2023, total assets were 25 839 310 € and equity 22 405 099 € (86,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 730 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 20 000 €, down 67,8% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2023) was filed on 26.08.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (8945008CE8RMLRPCI757) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 20 000 € | — | 0 € |
| Q2 2026 | 50 900 € | — | 0 € |
| Q1 2026 | 60 000 € | — | 0 € |
| Q4 2025 | 50 000 € | — | 492 € |
| Q3 2025 | 62 200 € | 1 | 1477 € |
| Q2 2025 | 206 651 € | 1 | 1477 € |
| Q1 2025 | 63 888 € | 1 | 1462 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 1 782 044 € (8% of distributable profit).
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 241 554 | 184 480 | 251 279 | 626 252 | 404 040 |
| Net profit | 7 997 954 | 72 518 | 495 021 | 2 018 939 | 2 699 567 |
| Retained earnings | 6 889 023 | 14 786 977 | 14 824 495 | 19 465 381 | 19 702 276 |
| Total assets | 18 456 932 | 18 650 319 | 19 314 219 | 25 179 792 | 25 839 310 |
| Total liabilities | 3 566 699 | 3 787 568 | 3 991 447 | 3 692 216 | 3 434 211 |
| Total equity | 14 890 233 | 14 862 751 | 15 322 772 | 21 487 576 | 22 405 099 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 540 | 584 | 584 | 654 | 725 |
| Calculated dividend | — | 100 000 | 35 000 | 0 | 1 782 044 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligations1 issue7 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.