Grounding OÜ
RegisteredKey figures
Ratios
2022Summary: Grounding OÜ
What kind of company is it?
Grounding OÜ (registry code 14414202) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is retail sale via mail order or internet (EMTAK 4791). The company is registered for VAT (VAT number EE102850776).
How is the company doing financially?
Revenue in financial year 2022 was 1 551 672 €, up 163% on the previous year (589 798 €). From 2019 to 2022, revenue grew by an average of 809% per year. This is the company's highest revenue among the published years (2019–2022). Net profit for financial year 2022 was 366 779 € (23,6% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2022 the company had 2 employees (1 a year earlier). Revenue per employee was 775 836 €. At the end of financial year 2022, total assets were 768 372 € and equity 491 841 € (64,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 380 € 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?
3 annual reports have not been filed on time, the latest for financial year 2025.
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 2022) was filed on 05.03.2024. 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 € | 1 | 0 € |
| Q2 2026 | 0 € | 1 | 829 € |
| Q1 2026 | 0 € | 1 | 0 € |
| Q4 2025 | 0 € | 2 | 523 € |
| Q3 2025 | 93 312 € | 2 | 0 € |
| Q2 2025 | 0 € | 2 | 657 € |
| Q1 2025 | — | 2 | 2809 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2019–2022
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Sales revenue | 2065 | 0 | 589 798 | 1 551 672 |
| Net profit | −27 | 1230 | 123 832 | 366 779 |
| Retained earnings | 22 | 1230 | 1230 | 125 062 |
| Total assets | 0 | 1230 | 128 417 | 768 372 |
| Total liabilities | 0 | — | 4585 | 276 531 |
| Total equity | — | 1230 | 123 832 | 491 841 |
| Employees | 0 | 0 | 1 | 2 |
| Average gross salary (monthly) | — | — | 481 | 379 |
| Calculated dividend | — | — | 1230 | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.