Grandvel Grupp OÜRegistered
Key figures
1 179 559 €−8,8%
Revenue 2025
−12,5%
Average annual change 2019–2025
Ratios
2025−2,2%
Profit margin
−0,1%
EBITDA margin
61,1%
Equity ratio
2,3×
Current ratio
−7,3%
Return on equity
2008 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 500 329 € | 1 | 3161 € |
| Q1 2026 | 472 817 € | 3 | 3560 € |
| Q4 2025 | 570 560 € | 3 | 2479 € |
| Q3 2025 | 485 898 € | 2 | 2539 € |
| Q2 2025 | 613 584 € | 2 | 4449 € |
| Q1 2025 | 524 891 € | 3 | 3479 € |
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 | 486 368 | 395 278 | 459 282 | 457 958 | 538 796 | 491 586 | 513 252 |
| Total non-current assets | 162 716 | 185 702 | 199 336 | 158 629 | 123 672 | 95 364 | 71 187 |
| Total assets | 649 084 | 580 980 | 658 618 | 616 587 | 662 468 | 586 950 | 584 439 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 299 460 | 213 538 | 241 078 | 211 454 | 246 527 | 194 554 | 227 439 |
| Non-current liabilities | 7245 | 19 484 | 45 303 | 27 540 | 18 355 | 9287 | 0 |
| Total liabilities | 306 705 | 233 022 | 286 381 | 238 994 | 264 882 | 203 841 | 227 439 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 258 656 | 339 823 | 345 402 | 369 681 | 375 037 | 395 030 | 380 553 |
| Profit for the year | 81 167 | 5579 | 24 279 | 5356 | 19 993 | −14 477 | −26 109 |
| Total equity | 342 379 | 347 958 | 372 237 | 377 593 | 397 586 | 383 109 | 357 000 |
| Income statement | |||||||
| Sales revenue | 2 629 118 | 2 049 717 | 1 478 258 | 1 659 913 | 1 664 427 | 1 292 996 | 1 179 559 |
| Operating profit | 98 154 | 5954 | 25 032 | 6920 | 22 078 | −13 033 | −25 431 |
| EBITDA | 131 674 | 42 544 | 63 454 | 47 627 | 56 327 | 15 275 | −1254 |
| Profit before income tax | 97 551 | 5579 | 24 279 | 5356 | 19 993 | −14 477 | −26 109 |
| Profit for the reporting year | 81 167 | 5579 | 24 279 | 5356 | 19 993 | −14 477 | −26 109 |
| Labour costs | 37 901 | 41 623 | 37 488 | 40 383 | 37 496 | 32 303 | 29 599 |
| Depreciation of non-current assets | 33 520 | 36 590 | 38 422 | 40 707 | 34 249 | 28 308 | 24 177 |
| Other indicators | |||||||
| Employees | 3 | 3 | 2 | 3 | 3 | 2 | 1 |
| 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.
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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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