Groundline OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 47 521 € | 6 | 5064 € |
| Q2 2026 | 51 750 € | 6 | 4494 € |
| Q1 2026 | 42 208 € | 6 | 4887 € |
| Q4 2025 | 42 445 € | 7 | 5409 € |
| Q3 2025 | 42 309 € | 7 | 5365 € |
| Q2 2025 | 50 361 € | 7 | 5194 € |
| Q1 2025 | 51 198 € | 7 | 4822 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 54 322 | 53 231 | 42 552 | 37 314 | 30 614 | 22 772 | 8889 |
| Total non-current assets | 5323 | 14 928 | 12 318 | 9709 | 7574 | 6415 | 5254 |
| Total assets | 59 645 | 68 159 | 54 870 | 47 023 | 38 188 | 29 187 | 14 143 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 32 306 | 34 929 | 21 826 | 41 834 | 24 882 | 19 805 | 21 129 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 32 306 | 34 929 | 21 826 | 41 834 | 24 882 | 19 805 | 21 129 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 3211 | 24 527 | 30 418 | 30 232 | 2377 | 10 494 | 6570 |
| Profit for the year | 21 316 | 5891 | −186 | −27 855 | 8117 | −3924 | −16 368 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 27 339 | 33 230 | 33 044 | 5189 | 13 306 | 9382 | −6986 |
| Income statement | |||||||
| Sales revenue | 226 639 | 251 337 | 220 541 | 266 402 | 287 337 | 227 953 | 182 130 |
| Operating profit | 21 320 | 5900 | −186 | −27 855 | 8173 | −3923 | −16 368 |
| EBITDA | 23 082 | 7895 | 2424 | −25 245 | 10 307 | −2763 | −15 208 |
| Profit before income tax | 21 316 | 5891 | −186 | −27 855 | 8117 | −3924 | −16 368 |
| Profit for the reporting year | 21 316 | 5891 | −186 | −27 855 | 8117 | −3924 | −16 368 |
| Labour costs | 68 389 | 99 926 | 89 293 | 89 834 | 78 331 | 72 698 | 80 036 |
| Depreciation of non-current assets | 1762 | 1995 | 2610 | 2610 | 2134 | 1160 | 1160 |
| Other indicators | |||||||
| Employees | 12 | 13 | 12 | 12 | 10 | 7 | 7 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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 obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
2 contractsPublic contracts won worth 81 154 € from 1 contracting authorities (19.12.2023–17.12.2024).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Toiduainete ostmine Narva Sotsiaaltöökeskusele 2025-2026 · Leib ja leivatooted | Narva Sotsiaaltöökeskus | 56 821 € | 17.12.2024 |
| Toiduainete ostmine Narva Sotsiaaltöökeskusele · Leivatooted | Narva Sotsiaaltöökeskus | 24 333 € | 19.12.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Groundline OÜ
Overview
Groundline OÜ (registry code 11271630) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is leiva- ja saiatootmine; lühikese realiseerimisajaga pagaritoodete tootmine (EMTAK 10711). The company is registered for VAT (VAT number EE101077097).
Financial results
Revenue in financial year 2025 was 182 130 €, down 20,1% on the previous year (227 953 €). From 2019 to 2025, revenue declined by an average of 3,6% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 16 368 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 7 employees. Revenue per employee was 26 019 €.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 47 521 €, up 12,3% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 5064 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 690 € per month.
Management and owners
The company has one management board member. According to the register, the company has 3 owners. The largest stake (50%) is held by a private individual.
Points to note
Equity was negative at the end of financial year 2025 (−6986 €). Equity is below half of the share capital (2556 €); in this case the Commercial Code requires measures to restore equity.
Data sources and freshness
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 2025) was filed on 29.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.