GRANAROLO BALTICS OÜRegistered
Qualified audit opinion. 2022 report: Qualified.
Key figures
13 130 603 €−29,3%
Revenue 2025
+20,2%
Average annual growth 2019–2025
Ratios
20251,9%
Profit margin
12,8%
Equity ratio
1,1×
Current ratio
45,7%
Return on equity
2417 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1 347 553 € | 12 | 46 558 € |
| Q1 2026 | 1 170 677 € | 11 | 53 514 € |
| Q4 2025 | 1 348 533 € | 11 | 69 016 € |
| Q3 2025 | 1 472 449 € | 12 | 74 628 € |
| Q2 2025 | 1 513 905 € | 11 | 66 490 € |
| Q1 2025 | 1 338 650 € | 11 | 68 582 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2023
Distributed as dividends 600 000 € (35% of distributable profit).
History
2023600 000 €
2022500 000 €
2021400 000 €
2020100 000 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 † | 2025 † | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 505 839 | 2 375 968 | 2 960 175 | 4 166 423 | 5 403 125 | 6 003 602 | 4 125 327 |
| Total non-current assets | 413 383 | 347 739 | 283 523 | 326 627 | 262 680 | 196 719 | 135 334 |
| Total assets | 1 919 222 | 2 723 707 | 3 243 698 | 4 493 050 | 5 665 805 | 6 200 321 | 4 260 661 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 772 596 | 1 120 387 | 1 432 948 | 2 399 577 | 3 116 399 | 3 933 144 | 3 716 804 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 772 596 | 1 120 387 | 1 432 948 | 2 399 577 | 3 116 399 | 3 933 144 | 3 716 804 |
| Share capital | 10 000 | 10 000 | 10 000 | 10 000 | 10 000 | 10 000 | 10 000 |
| Retained earnings of previous periods | 425 712 | 679 126 | 835 820 | 943 250 | 1 125 973 | 585 107 | −71 946 |
| Profit for the year | 353 414 | 556 694 | 607 430 | 782 723 | 1 055 933 | 1 314 570 | 248 303 |
| Reserves and other equity | 357 500 | 357 500 | 357 500 | 357 500 | 357 500 | 357 500 | 357 500 |
| Total equity | 1 146 626 | 1 603 320 | 1 810 750 | 2 093 473 | 2 549 406 | 2 267 177 | 543 857 |
| Income statement | |||||||
| Sales revenue | 4 357 455 | 6 467 001 | 8 395 011 | 10 210 167 | 14 152 991 | 18 562 466 | 13 130 603 |
| Operating profit | 353 718 | 581 687 | 704 464 | 893 068 | 1 165 989 | 1 414 620 | 665 632 |
| EBITDA | — | — | — | — | 1 234 515 | — | — |
| Profit before income tax | 353 414 | 581 694 | 704 523 | 893 188 | 1 176 863 | 1 482 152 | 671 380 |
| Profit for the reporting year | 353 414 | 556 694 | 607 430 | 782 723 | 1 055 933 | 1 314 570 | 248 303 |
| Labour costs | 402 162 | 442 065 | 454 207 | 505 395 | 564 739 | 646 065 | 715 577 |
| Depreciation of non-current assets | — | — | — | — | 68 526 | — | — |
| Other indicators | |||||||
| Employees | 13 | 14 | 12 | 13 | 14 | 14 | 13 |
| Calculated dividend | — | 100 000 | 400 000 | 500 000 | 600 000 | — | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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Same activity — Non-specialised wholesale of food, beverages and tobacco