Grinester OÜ

Registered
12317972Private limited company (OÜ)Founded 2012

Key figures

281 147 €+55,2%
Revenue 2025
+16,4%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Grinester OÜ

What kind of company is it?

Grinester OÜ (registry code 12317972) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and leasing of construction machinery and equipment (EMTAK 77321). The company is registered for VAT (VAT number EE101648837).

How is the company doing financially?

Revenue in financial year 2025 was 281 147 €, up 55,2% on the previous year (181 111 €). From 2019 to 2025, revenue grew by an average of 16,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 174 707 € (62,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 281 147 €. At the end of financial year 2025, total assets were 809 347 € and equity 747 102 € (92,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 38 210 €, down 76,0% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 959 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € 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 30.06.2026. 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 202638 210 €1959 €
Q2 202637 955 €1960 €
Q1 20263470 €1924 €
Q4 202598 166 €1880 €
Q3 2025159 157 €1880 €
Q2 202533 821 €1880 €
Q1 202523 796 €11116 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 6500 € (1% of distributable profit).

History
20256500 €
202410 315 €
202313 500 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue147 002221 652163 666181 111281 147
Net profit69 808133 13690 855147 849174 707
Retained earnings158 562228 370348 006428 546569 895
Total assets306 812414 365452 013582 968809 347
Total liabilities75 94250 35910 652407362 245
Total equity230 870364 006441 361578 895747 102
Employees11111
Average gross salary (monthly)3633351223526624
Calculated dividend0013 50010 3156500

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
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
None
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.

100%Grinester OÜ3Taavi Velström
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies