Georgian Bakery OÜ

Registered
14281818Private limited company (OÜ)Founded 2017

Key figures

91 504 €−32,7%
Revenue 2025
+27,3%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Georgian Bakery OÜ

What kind of company is it?

Georgian Bakery OÜ (registry code 14281818) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of bread; manufacture of fresh pastry goods and cakes (EMTAK 10711). The company is registered for VAT (VAT number EE102056570).

How is the company doing financially?

Revenue in financial year 2025 was 91 504 €, down 32,7% on the previous year (135 916 €). From 2019 to 2025, revenue grew by an average of 27,3% per year. Net profit for financial year 2025 was 2861 € (3,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (4 a year earlier). Revenue per employee was 45 752 €. At the end of financial year 2025, total assets were 40 562 € and equity 35 794 € (88,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 17 021 €, down 40,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 1529 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 500 € per month.

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.

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 2025) was filed on 01.07.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202617 021 €31529 €
Q2 202621 464 €33046 €
Q1 202613 317 €33097 €
Q4 202517 399 €22300 €
Q3 202528 663 €2391 €
Q2 202524 296 €1433 €
Q1 202525 717 €13238 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €
20220 €+1358 € other
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue37 052101 465135 009135 91691 504
Net profit6514 95010 57149752861
Retained earnings1218243517 38727 95832 933
Total assets493219 68334 35138 17840 562
Total liabilities11392298639352454768
Total equity379317 38527 95832 93335 794
Employees21242
Average gross salary (monthly)4695951045982629
Calculated dividend00000

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 note6 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Georgian Bakery OÜKonstantine Lütters
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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