GriffPower OÜ

Registered
16291011Private limited company (OÜ)Founded 2021

Key figures

418 660 €+164,6%
Revenue 2025
+228,1%
Average annual growth 2021/22–2025
0200 k400 k600 k2021/22202320242025

Ratios

2025

Summary: GriffPower OÜ

What kind of company is it?

GriffPower OÜ (registry code 16291011) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102706202).

How is the company doing financially?

Revenue in financial year 2025 was 418 660 €, up 165% on the previous year (158 214 €). From 2021/22 to 2025, revenue grew by an average of 228% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 12 227 € (2,9% of revenue). The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 83 732 €. At the end of financial year 2025, total assets were 68 300 € and equity 19 956 € (29,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 164 041 €, up 69,6% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 6804 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 860 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 27.03.2026. 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 2026164 041 €66804 €
Q2 202652 381 €46270 €
Q1 202673 589 €37683 €
Q4 2025115 804 €48062 €
Q3 202596 745 €58134 €
Q2 2025149 568 €58072 €
Q1 202540 792 €59635 €

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

Dividends

calculated
2025

Distributed as dividends 11 200 € (68% of distributable profit).

History
202511 200 €
20242977 €
20230 €
Summary of financial statements2022–2025
2021/22202320242025
Sales revenue11 8556885158 214418 660
Net profit0331216 09412 227
Retained earnings——3355229
Total assets2500677236 16168 300
Total liabilities—96017 23248 344
Total equity2500581218 92919 956
Employees1155
Average gross salary (monthly)651—9051047
Calculated dividend—0297711 200

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.

Connections graph

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50%50%GriffPower OÜGrigoriy Ivanov2Nikita Wukkert
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 2100 € (2021). Largest grantors: Eesti Töötukassa (2100 €).

Show all aid records (1)
20212100 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2100 €24.08.2021

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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

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