GVP INVEST ESTONIA OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 633 955 € | 53 | 118 781 € |
| Q2 2026 | 1 172 178 € | 50 | 132 633 € |
| Q1 2026 | 889 043 € | 51 | 115 213 € |
| Q4 2025 | 1 091 681 € | 53 | 117 332 € |
| Q3 2025 | 1 604 270 € | 51 | 116 872 € |
| Q2 2025 | 1 053 988 € | 52 | 104 845 € |
| Q1 2025 | 770 678 € | 43 | 81 796 € |
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 | 115 717 | 44 443 | 64 942 | 124 188 | 299 759 | 1 129 388 | 716 846 |
| Total non-current assets | 3 263 233 | 3 564 938 | 3 520 864 | 3 478 070 | 4 957 532 | 21 643 155 | 21 856 407 |
| Total assets | 3 378 950 | 3 609 381 | 3 585 806 | 3 602 258 | 5 257 291 | 22 772 543 | 22 573 253 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 3 417 043 | 32 118 | 34 436 | 62 254 | 424 926 | 12 284 416 | 798 167 |
| Non-current liabilities | 0 | 3 724 811 | 813 554 | 775 441 | 230 245 | 2 662 633 | 14 393 838 |
| Total liabilities | 3 417 043 | 3 756 929 | 847 990 | 837 695 | 655 171 | 14 947 049 | 15 192 005 |
| Share capital | 2600 | 3000 | 89 000 | 89 000 | 145 810 | 249 010 | 249 010 |
| Retained earnings of previous periods | −61 763 | −140 693 | −264 148 | −378 784 | −352 037 | −540 850 | −1 135 876 |
| Profit for the year | −78 930 | −123 455 | −114 636 | 26 747 | −188 813 | −595 026 | −444 246 |
| Reserves and other equity | 100 000 | 113 600 | 3 027 600 | 3 027 600 | 4 997 160 | 8 712 360 | 8 712 360 |
| Total equity | −38 093 | −147 548 | 2 737 816 | 2 764 563 | 4 602 120 | 7 825 494 | 7 381 248 |
| Income statement | |||||||
| Sales revenue | 337 018 | 319 368 | 316 970 | 386 384 | 141 193 | 80 950 | 4 415 782 |
| Operating profit | 3755 | 51 350 | 60 454 | 65 889 | −169 535 | −599 597 | 455 104 |
| EBITDA | 65 279 | 113 333 | 122 528 | 127 963 | −133 554 | −588 541 | 1 211 374 |
| Profit before income tax | −78 930 | −123 455 | −114 636 | 26 747 | −188 813 | −595 026 | −444 246 |
| Profit for the reporting year | −78 930 | −123 455 | −114 636 | 26 747 | −188 813 | −595 026 | −444 246 |
| Labour costs | 21 679 | 27 106 | 47 959 | 37 802 | 110 793 | 418 761 | 1 182 976 |
| Depreciation of non-current assets | 61 524 | 61 983 | 62 074 | 62 074 | 35 981 | 11 056 | 756 270 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 1 | 6 | 39 |
| 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.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 0 € from 2 contracting authorities (04.03.2025–06.10.2026). Plus 3 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Majutusteenuse tellimine · Tallinna linn, majutusasutus 4 tärni (****) | Politsei- ja Piirivalveamet | up to 100 000 € | 06.10.2026 |
| Majutusteenuse tellimine aastaks 2026 (Tallinn ja Tartu linn) · Tallinna linn | Eesti Töötukassa | up to 35 000 € | 12.01.2026 |
| Majutusteenuse tellimine aastaks 2025 · Tallinna kesklinn | Eesti Töötukassa | up to 35 000 € | 04.03.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: GVP INVEST ESTONIA OÜ
Overview
GVP INVEST ESTONIA OÜ (registry code 12771903) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 11 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE101769172).
Financial results
Revenue in financial year 2025 was 4 415 782 €, up 5355% on the previous year (80 950 €). From 2019 to 2025, revenue grew by an average of 53,5% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 444 246 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 39 employees (6 a year earlier). Revenue per employee was 113 225 €. At the end of financial year 2025, total assets were 22 573 253 € and equity 7 381 248 € (32,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 633 955 €, up 1,9% on the same quarter a year earlier. The company had 53 employees in that quarter. Labour taxes paid in the quarter: 118 781 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1480 € per month.
Management and owners
The company has one management board member. The supervisory board has 3 members. According to the register, the company has 5 owners. The largest stake (69,9%) is held by TARTU PROPERTIES OÜ.
Data sources and freshness
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 01.06.2026. 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.