GV Magnetic Group Ltd OÜ

Registered
16057433Private limited company (OÜ)Founded 2020

Key figures

665 134 €+46,1%
Revenue 2024/25
+54,8%
Average annual growth 2020/21–2024/25
0200 k400 k600 k800 k2020/212021/222022/232023/242024/25

Ratios

2024/25

Summary: GV Magnetic Group Ltd OÜ

What kind of company is it?

GV Magnetic Group Ltd OÜ (registry code 16057433) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other information service activities (EMTAK 63921). The company is registered for VAT (VAT number EE102309382).

How is the company doing financially?

Revenue in financial year 2024/25 was 665 134 €, up 46,1% on the previous year (455 212 €). From 2020/21 to 2024/25, revenue grew by an average of 54,8% per year. This is the company's highest revenue among the published years (2020/21–2024/25). Net profit for financial year 2024/25 was 258 207 € (38,8% of revenue). The company was profitable in all 5 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 665 134 €. At the end of financial year 2024/25, total assets were 609 432 € and equity 597 530 € (98,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 580 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 25 055 €, down 82,0% on the same quarter a year earlier. Labour taxes paid in the quarter: 2013 €.

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 2024/25) was filed on 14.10.2025. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202625 055 €—2013 €
Q2 202684 474 €—1541 €
Q1 2026125 974 €—2281 €
Q4 2025154 985 €—1337 €
Q3 2025139 333 €—1988 €
Q2 2025175 248 €—1481 €
Q1 2025204 186 €—1433 €

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

Dividends

calculated
2024/25

No dividends were distributed.

History
2024/250 €
2023/240 €
2022/230 €
2021/2230 000 €
Summary of financial statements2021–2025
2020/212021/222022/232023/242024/25
Sales revenue115 882124 663314 560455 212665 134
Net profit54 45728 179117 524166 663258 207
Retained earnings024 45752 636170 160336 823
Total assets60 22163 895192 161351 152609 432
Total liabilities3264875919 50111 82911 902
Total equity56 95755 136172 660339 323597 530
Employees11111
Average gross salary (monthly)——330—578
Calculated dividend—30 000000

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 obligationsAll 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
All on time
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.

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100%GV Magnetic Group Ltd…2Gregory Vivas
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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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