GLSystems Logistics OÜ
RegisteredKey figures
Ratios
2024Summary: GLSystems Logistics OÜ
What kind of company is it?
GLSystems Logistics OÜ (registry code 14145334) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is sea and coastal freight water transport (EMTAK 50201). The company is registered for VAT (VAT number EE101989651).
How is the company doing financially?
Revenue in financial year 2024 was 301 841 €, down 18,0% on the previous year (367 925 €). From 2019 to 2024, revenue grew by an average of 0,8% per year. Financial year 2024 ended with a loss of 18 567 €. The company was profitable in 5 of the 6 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 150 921 €. At the end of financial year 2024, total assets were 1 208 798 € and equity 792 257 € (65,5% of assets). Based on labour costs in the report, the estimated average gross salary was about 5030 € per month.
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.
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 13.08.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | 2 | — |
| Q2 2026 | 32 578 € | 2 | — |
| Q1 2026 | 186 326 € | 2 | 918 € |
| Q4 2025 | 737 818 € | 2 | 738 € |
| Q3 2025 | 500 299 € | 2 | — |
| Q2 2025 | 441 047 € | 2 | — |
| Q1 2025 | 1 294 482 € | 2 | 102 € |
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
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 202 358 | 110 604 | 296 512 | 367 925 | 301 841 |
| Net profit | 46 739 | 21 649 | 38 377 | 19 952 | −18 567 |
| Retained earnings | 681 607 | 728 346 | 749 995 | 788 372 | 808 324 |
| Total assets | 1 469 437 | 1 505 187 | 1 517 578 | 1 659 228 | 1 208 798 |
| Total liabilities | 738 591 | 752 692 | 726 706 | 848 404 | 416 541 |
| Total equity | 730 846 | 752 495 | 790 872 | 810 824 | 792 257 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1716 | 1223 | 3766 | 5025 | 5032 |
| Calculated dividend | 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 obligations2 issues5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.