Garlic&Ivanoff OÜ

Registered
12380344Private limited company (OÜ)Founded 2012
Annual report for 2025 not filed.

Key figures

70 890 €−75,5%
Revenue 2024
−29,0%
Average annual change 2019–2024
0100 k200 k300 k400 k201920202021202220232024

Ratios

2024

Summary: Garlic&Ivanoff OÜ

What kind of company is it?

Garlic&Ivanoff OÜ (registry code 12380344) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 years. Registered location: Järve linnaosa, Kohtla-Järve linn, Ida-Viru maakond. According to the latest annual report, the main activity is restaurant and café activities (EMTAK 56111). The company is registered for VAT (VAT number EE101713283).

How is the company doing financially?

Revenue in financial year 2024 was 70 890 €, down 75,5% on the previous year (288 976 €). From 2019 to 2024, revenue declined by an average of 29,0% per year. This is the company's lowest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 51 099 €. The company was profitable in 3 of the 6 published financial years. In financial year 2024 the company had 6 employees. Revenue per employee was 11 815 €. At the end of financial year 2024, total assets were 8443 € and equity 616 € (7,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

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.

What should you look out for?

The annual report for financial year 2025 has not been filed on time. Equity is below half of the share capital (2556 €); 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. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 12.01.2025. 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 20260 €——
Q2 20260 €——
Q1 20260 €——
Q4 20250 €——
Q3 20250 €——
Q2 20250 €——
Q1 20253956 €——

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

Summary of financial statements2020–2024
20202021202220232024
Sales revenue189 105206 044311 748288 97670 890
Net profit−80392281−51721373−51 099
Retained earnings58 71650 67752 95847 78649 159
Total assets67 31666 09771 98777 5958443
Total liabilities14 08310 58321 64525 8807827
Total equity53 23355 51450 34251 715616
Employees115766
Average gross salary (monthly)329384634607—
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 obligations1 issue6 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
2/3 filed
Not filed: 2025
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
100%Garlic&Ivanoff OÜAleksei Kovaljov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 5435 € (2020–2021). Largest grantors: Eesti Töötukassa (4228 €), Rahandusministeerium (1206 €).

Show all aid records (4)
20213393 €
20202041 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2488 €03.11.2021
Eesti TöötukassaCOVID-19 VTA905 €04.02.2021
RahandusministeeriumCOVID-19 VTA1206 €31.12.2020
Eesti TöötukassaPalgatoetus VTA835 €19.02.2020

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

Loading list of reports…

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

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