Grandman Invest OÜ

Registered
11674718Private limited company (OÜ)Founded 2009

Key figures

290 989 €+11,1%
Revenue 2025
+6,4%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Grandman Invest OÜ

What kind of company is it?

Grandman Invest OÜ (registry code 11674718) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Püünsi küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101454050).

How is the company doing financially?

Revenue in financial year 2025 was 290 989 €, up 11,1% on the previous year (262 015 €). From 2019 to 2025, revenue grew by an average of 6,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 201 060 € (69,1% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 145 495 €. At the end of financial year 2025, total assets were 2 577 302 € and equity 1 928 203 € (74,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 66 894 €, up 1,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 5961 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1910 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (42,5%) is held by a private individual.

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 2025) was filed on 30.06.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202666 894 €25961 €
Q2 202677 244 €25638 €
Q1 202684 516 €25148 €
Q4 202574 862 €25456 €
Q3 202566 212 €25456 €
Q2 202571 877 €25456 €
Q1 202582 431 €23910 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue204 063237 788227 324262 015290 989
Net profit10381273−507 670−92 629201 060
Retained earnings2 310 5322 311 5702 312 8431 805 1721 712 543
Total assets2 389 5602 378 8101 858 1832 276 2622 577 302
Total liabilities63 39051 36738 410549 119649 099
Total equity2 326 1702 327 4431 819 7731 727 1431 928 203
Employees22212
Average gross salary (monthly)2018188695214011476
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

15,03%42,48%42,48%Grandman Invest OÜSAOS HOLDING OÜ3Indrek Pals2Merle Pals
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Largest in the same sector — Real estate
Same activity — Renting and operating of own or leased real estate
Same address

We use analytics cookies to understand how the Service is used. Read more.