Advokaadibüroo GLIMSTEDT Estonia OÜRegistered
Key figures
1 749 146 €+79,8%
Revenue 2025
+35,2%
Average annual growth 2019–2025
Ratios
202535,6%
Profit margin
41,6%
EBITDA margin
76,9%
Equity ratio
5,6×
Current ratio
90,8%
Return on equity
2265 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 463 327 € | 10 | 36 131 € |
| Q1 2026 | 509 330 € | 10 | 38 761 € |
| Q4 2025 | 446 269 € | 11 | 28 970 € |
| Q3 2025 | 389 926 € | 11 | 33 448 € |
| Q2 2025 | 524 963 € | 10 | 35 222 € |
| Q1 2025 | 340 357 € | 11 | 33 955 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 238 304 € (80% of distributable profit).
History
dividend other equity decrease
2025238 304 €
2024169 433 €
202384 485 €
2022122 194 €+625 € other
2021102 678 €
202052 944 €
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 | 102 724 | 171 893 | 235 897 | 282 077 | 464 691 | 381 337 | 800 966 |
| Total non-current assets | 2690 | 7545 | 5649 | 113 280 | 95 697 | 120 610 | 91 659 |
| Total assets | 105 414 | 179 438 | 241 546 | 395 357 | 560 388 | 501 947 | 892 625 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 22 054 | 28 552 | 69 017 | 106 779 | 108 397 | 122 201 | 143 124 |
| Non-current liabilities | — | — | — | 48 800 | 41 895 | 78 254 | 62 894 |
| Total liabilities | 22 054 | 28 552 | 69 017 | 155 579 | 150 292 | 200 455 | 206 018 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 20 095 | 27 916 | 45 708 | 47 835 | 153 418 | 238 788 | 61 313 |
| Profit for the year | 60 765 | 120 470 | 124 321 | 190 068 | 254 803 | 60 829 | 623 419 |
| Reserves and other equity | — | — | — | −625 | −625 | −625 | −625 |
| Total equity | 83 360 | 150 886 | 172 529 | 239 778 | 410 096 | 301 492 | 686 607 |
| Income statement | |||||||
| Sales revenue | 286 505 | 405 151 | 600 891 | 944 159 | 1 000 183 | 972 895 | 1 749 146 |
| Operating profit | 78 349 | 130 035 | 142 819 | 214 992 | 272 585 | 98 563 | 693 737 |
| EBITDA | — | 130 250 | 143 588 | 228 866 | 293 272 | 123 251 | 727 035 |
| Profit before income tax | 78 353 | 130 038 | 144 225 | 213 946 | 268 556 | 94 262 | 690 633 |
| Profit for the reporting year | 60 765 | 120 470 | 124 321 | 190 068 | 254 803 | 60 829 | 623 419 |
| Labour costs | 39 855 | 51 699 | 116 172 | 327 870 | 286 582 | 351 592 | 318 195 |
| Depreciation of non-current assets | — | 215 | 769 | 13 874 | 20 687 | 24 688 | 33 298 |
| Other indicators | |||||||
| Employees | 2 | 2 | 3 | 8 | 9 | 9 | 9 |
| Calculated dividend | — | 52 944 | 102 678 | 122 194 | 84 485 | 169 433 | 238 304 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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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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