Groundfirst OÜ
RegisteredKey figures
Ratios
2025Summary: Groundfirst OÜ
What kind of company is it?
Groundfirst OÜ (registry code 12080984) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201).
How is the company doing financially?
There was no revenue in financial year 2023. Financial year 2025 ended with a loss of 855 791 €. The company was profitable in 3 of the 7 published financial years. According to the report, the company had no employees in financial year 2025.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is MTÜ Korporatiivsed teemad.
What should you look out for?
Equity was negative at the end of financial year 2025 (−249 410 €). Equity is below half of the share capital (130 000 €); in this case the Commercial Code requires measures to restore equity.
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. Latest register change: 20.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 11.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 2026. 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 |
|---|---|---|---|
| Q1 2026 | — | — | 0 € |
| Q4 2025 | — | — | 0 € |
| Q1 2025 | — | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 38 220 | 8820 | 0 | — | — |
| Net profit | 349 640 | −431 432 | 26 609 | 32 698 | −855 791 |
| Retained earnings | 498 866 | 848 506 | 417 074 | 443 683 | 476 381 |
| Total assets | 2 375 501 | 1 961 982 | 2 004 405 | 2 040 373 | 533 098 |
| Total liabilities | 1 396 995 | 1 414 908 | 1 430 722 | 1 433 992 | 782 508 |
| Total equity | 978 506 | 547 074 | 573 683 | 606 381 | −249 410 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 604 521 | 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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Change history
8 changes- 09.11.2026*Address changed: Harju maakond, Tallinn, Kesklinna linnaosa, Pronksi tn 6 · previously: Harju maakond, Tallinn, Nõmme linnaosa, Piibri tn 7b/1
- 09.11.2026*Added: Shareholder MTÜ Korporatiivsed teemad
- 09.11.2026*Added: Management board member Heikki Saar
- 09.11.2026*Left: Management board member
- 09.11.2026*Left: Shareholder
- 20.10.2026Registry entry changed · contact details
- 13.10.2026Registry entry changed
- 12.10.2026Registry entry changed · persons
Entered in the register on 28.03.2011.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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