GrandBaltic OÜ
RegisteredKey figures
Ratios
2025Summary: GrandBaltic OÜ
What kind of company is it?
GrandBaltic OÜ (registry code 17031329) is a private limited company (OÜ). The company was entered in the Commercial Register in 2024 and has been registered for 2 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of knitted and crocheted apparel (EMTAK 14101).
How is the company doing financially?
Revenue in financial year 2025 was 38 214 €, up 1,1% on the previous year (37 809 €). Financial year 2025 ended with a loss of 18 926 €. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 19 107 €. At the end of financial year 2025, total assets were 11 201 € and equity 6837 € (61,0% of assets).
What do the latest quarters show?
Based on labour taxes, the estimated average gross salary in Q3 2026 was about 830 € 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 03.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | — | 1 | 1098 € |
| Q2 2026 | — | 1 | 2417 € |
| Q1 2026 | — | 2 | 3628 € |
| Q4 2025 | — | 3 | 3148 € |
| Q3 2025 | — | 3 | 2880 € |
| Q2 2025 | — | 2 | 2997 € |
| Q1 2025 | — | 2 | 842 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Sales revenue | 37 809 | 38 214 |
| Net profit | 25 762 | −18 926 |
| Retained earnings | — | 25 762 |
| Total assets | 27 035 | 11 201 |
| Total liabilities | 1272 | 4364 |
| Total equity | 25 763 | 6837 |
| Employees | 1 | 2 |
| Average gross salary (monthly) | 302 | 1086 |
| Calculated dividend | — | 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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 8620 € (2025). Largest grantors: Eesti Töötukassa (8620 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 4301 € | 04.09.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 4320 € | 05.02.2025 |
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 ↗
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