Gruuvi Group OÜRegistered

12993265Private limited company (OÜ)Founded 2016

Key figures

1 085 417 €+104,0%
Revenue 2025
+34,4%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026235 596 €1125 736 €
Q2 2026129 245 €1017 613 €
Q1 2026147 064 €913 320 €
Q4 2025477 780 €621 500 €
Q3 2025373 940 €725 452 €
Q2 2025105 844 €915 909 €
Q1 202560 157 €71993 €

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 24 422 € (8% of distributable profit).

History
202524 422 €
202412 150 €
2023106 398 €
2022105 501 €
202137 868 €
202062 123 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets83 08662 223347 328312 739219 101249 858521 658
Total non-current assets—365641 82759 62955 241150 063381 286
Total assets83 08665 879389 155372 368274 342399 921902 944
Balance sheet — liabilities and equity
Current liabilities18 46225 21474 095113 64435 97430 98386 506
Non-current liabilities——14 6572149055 995161 717
Total liabilities18 46225 21488 752115 79335 97486 978248 223
Share capital2500250025002500250025002500
Retained earnings of previous periods01297192 402147 677223 718286 021
Profit for the year62 12438 164297 60661 67388 19186 725366 200
Total equity64 62440 665300 403256 575238 368312 943654 721
Income statement
Sales revenue184 192333 474953 9721 103 7931 097 101531 9571 085 417
Operating profit73 20852 770304 59784 455109 00991 774379 448
EBITDA73 20853 381309 17692 854123 850108 792393 345
Profit before income tax73 21552 773303 91483 854108 67888 703373 088
Profit for the reporting year62 12438 164297 60661 67388 19186 725366 200
Labour costs470048 745190 678372 943312 64033 972168 106
Depreciation of non-current assets06114579839914 84117 01813 897
Other indicators
Employees1310151113
Calculated dividend—62 12337 868105 501106 39812 15024 422

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 note4 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)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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60%40%Gruuvi Group OÜ6Kristel Larin2Dmitri Igolkin
CompanyPersonShareholderOther roleAdditional link

Public procurement

14 contracts

Public contracts won worth 1 658 849 € from 13 contracting authorities (06.05.2024–09.10.2026).

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

Summary: Gruuvi Group OÜ

Overview

Gruuvi Group OÜ (registry code 12993265) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of other civil engineering projects n.e.c. (EMTAK 42991). The company is registered for VAT (VAT number EE101859422).

Financial results

Revenue in financial year 2025 was 1 085 417 €, up 104% on the previous year (531 957 €). From 2019 to 2025, revenue grew by an average of 34,4% per year. Net profit for financial year 2025 was 366 200 € (33,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (1 a year earlier). Revenue per employee was 361 806 €. At the end of financial year 2025, total assets were 902 944 € and equity 654 721 € (72,5% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 235 596 €, down 37,0% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 25 736 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1540 € per month.

Management and owners

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (60%) is held by a private individual.

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 10.09.2026. 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.

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