Magnolia Grand OÜ

Registered
12214485Private limited company (OÜ)Founded 2012

Key figures

38 830 €−23,6%
Revenue 2025
−8,6%
Average annual change 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Magnolia Grand OÜ

What kind of company is it?

Magnolia Grand OÜ (registry code 12214485) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other non-specialised retail sale (EMTAK 47121). The company is registered for VAT (VAT number EE101507428).

How is the company doing financially?

Revenue in financial year 2025 was 38 830 €, down 23,6% on the previous year (50 830 €). From 2019 to 2025, revenue declined by an average of 8,6% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 8758 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 38 830 €. At the end of financial year 2025, total assets were 29 114 € and equity 24 623 € (84,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 500 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 10 815 €, down 4,2% on the same quarter a year earlier. Labour taxes paid in the quarter: 1201 €.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (60%) 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 19.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202610 815 €—1201 €
Q2 202611 628 €11131 €
Q1 202610 063 €12233 €
Q4 202511 731 €12350 €
Q3 202511 290 €10 €
Q2 202513 603 €—0 €
Q1 202513 571 €—954 €

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 revenue76 95264 18954 28850 83038 830
Net profit6202−168713261599−8758
Retained earnings23 44129 64327 95629 28130 881
Total assets46 38542 49240 00539 52929 114
Total liabilities14 24212 036822361494491
Total equity32 14330 45631 78233 38024 623
Employees11111
Average gross salary (monthly)535648723725497
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 clear1 for information
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
1 decision
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.

60%40%Magnolia Grand OÜ1Boriss PolištšukŽannetta Petrosjan2Vasily Petrosyan
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 4500 € (2025). Largest grantors: Eesti Töötukassa (4500 €).

Show all aid records (1)
20254500 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4500 €02.08.2025

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
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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