Erel Group Trading OÜRegistered
LEI has expired.Renew LEI
Tax debt 154 082 € as of 30.09.2026.Source: Tax and Customs Board
Qualified audit opinion. 2023 report: Disclaimer of opinion.
Key figures
1 095 339 €+17,9%
Revenue 2025
+24,1%
Average annual growth 2019–2025
Ratios
202512,0%
Profit margin
29,0%
EBITDA margin
20,5%
Equity ratio
0,5×
Current ratio
27,6%
Return on equity
2485 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 89 533 € | — | 1375 € |
| Q1 2026 | 268 157 € | — | 4125 € |
| Q4 2025 | 470 161 € | — | 4125 € |
| Q3 2025 | 131 928 € | — | 1375 € |
| Q2 2025 | 112 213 € | — | 4125 € |
| Q1 2025 | 686 792 € | — | 4075 € |
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 | 2 208 390 | 2 144 305 | 1 209 987 | 912 242 | 828 210 | 305 483 | 189 924 |
| Total non-current assets | 3 757 290 | 3 820 430 | 3 898 042 | 5 051 695 | 4 826 747 | 2 689 008 | 2 127 501 |
| Total assets | 5 965 680 | 5 964 735 | 5 108 029 | 5 963 937 | 5 654 957 | 2 994 491 | 2 317 425 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 77 949 | 982 537 | 1 274 323 | 1 688 678 | 1 370 305 | 529 168 | 405 265 |
| Non-current liabilities | 3 705 624 | 3 353 544 | 2 132 502 | 1 516 571 | 1 729 826 | 2 120 960 | 1 436 822 |
| Total liabilities | 3 783 573 | 4 336 081 | 3 406 825 | 3 205 249 | 3 100 131 | 2 650 128 | 1 842 087 |
| Share capital | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 | 600 000 |
| Retained earnings of previous periods | 1 856 625 | 1 580 107 | 1 033 787 | 1 099 204 | 2 156 688 | 1 952 776 | −257 637 |
| Profit for the year | −276 518 | −553 453 | 65 417 | 1 057 484 | −203 862 | −2 210 413 | 130 975 |
| Reserves and other equity | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 | 2000 |
| Total equity | 2 182 107 | 1 628 654 | 1 701 204 | 2 758 688 | 2 554 826 | 344 363 | 475 338 |
| Income statement | |||||||
| Sales revenue | 300 000 | 100 106 | 1 310 042 | 497 417 | 237 500 | 928 770 | 1 095 339 |
| Operating profit | −190 399 | −342 429 | 303 634 | 1 230 508 | −11 246 | −1 858 553 | 317 236 |
| EBITDA | −187 297 | −339 843 | 304 942 | 1 231 456 | −10 298 | −1 857 605 | 318 184 |
| Profit before income tax | −276 518 | −553 453 | 65 417 | 1 057 484 | −203 862 | −2 210 413 | 130 975 |
| Profit for the reporting year | −276 518 | −553 453 | 65 417 | 1 057 484 | −203 862 | −2 210 413 | 130 975 |
| Labour costs | 39 900 | 39 900 | 29 925 | 39 979 | 43 225 | 39 900 | 39 900 |
| Depreciation of non-current assets | 3102 | 2586 | 1308 | 948 | 948 | 948 | 948 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 1 | 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.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Construction of residential and non-residential buildings