GrandTech OÜ
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2025Summary: GrandTech OÜ
What kind of company is it?
GrandTech OÜ (registry code 12142875) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is retail sale of motor vehicle parts and accessories (EMTAK 47821). The company is registered for VAT (VAT number EE101469689).
How is the company doing financially?
Revenue in financial year 2025 was 316 243 €, down 79,4% on the previous year (1 532 061 €). From 2019 to 2025, revenue grew by an average of 15,5% per year. Financial year 2025 ended with a loss of 306 144 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 158 122 €. At the end of financial year 2025, total assets were 435 564 € and equity 421 738 € (96,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 83 493 €, down 37,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2533 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1650 € per month.
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.
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 15.05.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 83 493 € | 1 | 2533 € |
| Q2 2026 | 74 179 € | 1 | 2533 € |
| Q1 2026 | 102 380 € | 1 | 2803 € |
| Q4 2025 | 119 539 € | 2 | 2957 € |
| Q3 2025 | 133 520 € | 2 | 560 € |
| Q2 2025 | 69 845 € | 1 | 1068 € |
| Q1 2025 | 190 869 € | 1 | 1316 € |
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 | 138 425 | 467 363 | 529 009 | 1 532 061 | 316 243 |
| Net profit | 18 563 | 53 733 | 23 097 | 505 017 | −306 144 |
| Retained earnings | 124 722 | 143 285 | 197 019 | 220 115 | 725 132 |
| Total assets | 165 242 | 211 213 | 226 357 | 738 197 | 435 564 |
| Total liabilities | 19 207 | 11 445 | 3491 | 10 315 | 13 826 |
| Total equity | 146 035 | 199 768 | 222 866 | 727 882 | 421 738 |
| Employees | 1 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 519 | — | 582 | 876 | 537 |
| Calculated dividend | 18 999 | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 4959 € (2025). Largest grantors: Eesti Töötukassa (4959 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4959 € | 08.09.2025 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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