Gren Viljandi AS

Active Registry code 10021049 AS Viljandi linn Registered 11 Apr 1996

Gren Viljandi AS is a AS based in Viljandi linn, registry code 10021049, status: active. Main activity: Steam and air conditioning supply. According to EMTA, turnover for Q3 2026 was €1 214 855 with 35 employees.

Turnover

1 214 855 €

↓ 46.2% vs Q2 2026

State taxes

135 757 €

↓ 61.1% vs Q2 2026

Labour taxes

124 939 €

↓ 32.8% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

Turnover · Q3 2026 1.2 mn €

above 93% of companies

industry median 3 039 € · companies in the industry: 735
Labour taxes per employee 3 570 €

above 59% of companies

industry median 2 710 € · companies in the industry: 179
Revenue · 2025 7.9 mn €

above 98% of companies

industry median 3 747 € · companies in the industry: 1 008
Net profit margin · 2025 6.5 %

above 53% of companies

industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 214 855 € · −46.2% vs Q2 2026 · industry median 3 039 € · above 93% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 570 € · −32.8% vs Q2 2026 · industry median 2 710 € · above 59% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 35 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 135 757 € · −61.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 214 855	135 757	124 939	35
Q2 2026	2 258 211	348 988	185 925	35
Q1 2026	3 494 521	479 571	134 167	37
Q4 2025	2 271 725	302 789	125 704	37
Q3 2025	1 110 294	151 479	135 540	36
Q2 2025	2 199 185	222 922	127 231	36
Q1 2025	3 307 322	440 675	140 299	37
Q4 2024	2 185 217	240 689	134 834	39
Q3 2024	1 236 131	145 993	151 636	39
Q2 2024	1 939 847	184 184	121 862	40
Q1 2024	3 429 578	367 594	136 048	40
Q4 2023	2 228 570	221 894	120 908	41
Q3 2023	1 121 113	182 475	142 177	41
Q2 2023	2 312 704	241 519	149 431	39
Q1 2023	4 164 214	361 461	136 567	41
Q4 2022	2 830 947	242 698	117 639	42
Q3 2022	1 438 447	40 611	137 207	42
Q2 2022	1 983 424	291 743	129 775	43
Q1 2022	2 521 335	241 738	127 270	40

Labour taxes per employee per month

1 190 €

Turnover per employee in the quarter

34 710 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 7 938 688 € · −6.1% vs 2024 · industry median 3 747 € · above 98% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 512 629 € · +29.8% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.5 % · +1.8 pp vs the year before · industry median 3.6 % · above 53% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 16 108 699 € · +4.8% vs 2024

Equity, € thousand 2025: 10 847 311 € · +5.0% vs 2024

Employees 2025: 35 · −5.4% vs 2024 · industry median 2 · above 91% of the industry

Company
Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	7 938 688	512 629	1 246 040	16 108 699	10 847 311	35
2024	8 455 943	395 086	1 333 569	15 364 537	10 334 682	37
2023	9 071 107	303 678	1 309 377	16 711 629	12 324 491	38
2022	9 272 310	1 381 562	1 219 602	17 293 816	12 280 813	0
2021	6 541 290	1 157 970	1 172 579	15 357 333	11 159 251	0
2020	5 158 793	575 818	1 006 116	13 772 051	10 391 282	0
2019	5 461 437	548 200	1 009 906	13 283 977	9 945 464	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	41
2014	—	—	—	—	—	0
2013	—	—	—	—	—	39
2012	—	—	—	—	—	0
2011	—	—	—	—	—	39
2010	—	—	—	—	—	40
2008	—	—	—	—	—	49
2007	—	—	—	—	—	51
2006	—	—	—	—	—	52
2005	—	—	—	—	—	54
2004	—	—	—	—	—	50
2003	—	—	—	—	—	39
2002	—	—	—	—	—	39
2001	—	—	—	—	—	38
2000	—	—	—	—	—	38
1999	—	—	—	—	—	42
1998	—	—	—	—	—	39
1997	—	—	—	—	—	38

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

6.5 %

Net profit / revenue

Return on equity (ROE)

4.7 %

Net profit / equity

Return on assets (ROA)

3.2 %

Net profit / assets

Equity ratio

67.3 %

Equity / assets

Debt ratio

32.7 %

Liabilities / assets

Current ratio

1.04

Current assets / current liabilities

Revenue per employee

226 820 €

Revenue / average full-time employees

Labour cost per employee per month

2 967 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	1 Jul 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 May 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	18 May 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 May 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	22 Jun 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
9	20 000 000 EEK	AS SEB Pank	17 Apr 2008 – in force
8	10 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Jan 2006 – in force
7	5 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Jan 2006 – in force
6	3 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Jan 2006 – in force
5	2 000 000 EEK	Aktsiaselts SEB Eesti Ühispank	2 Jan 2006 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Margo Külaots
Board member · since 24 Sep 2024
Diana Laurits-Tass
Procurator · since 27 Feb 2026
Enn Rõigas
Procurator · since 27 Feb 2026
Imbi Loomets
Procurator · since 27 Feb 2026
Kadri Uibopuu
Procurator · since 27 Feb 2026

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Any procurator may represent the public limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

No owner information.

Owner in

Gren Sakala OÜ
100%

Beneficial owners

Ilkka Johannes Niiranen
Member of a senior management body (management or supervisory board) · since 1 Oct 2024
Kevin Vaher
Member of a senior management body (management or supervisory board) · since 1 Oct 2024
Margo Külaots
Member of a senior management body (management or supervisory board) · since 1 Oct 2024
Reena Kangur
Member of a senior management body (management or supervisory board) · since 1 Oct 2024

Founders and other persons

Aktsiaselts PricewaterhouseCoopers
Audit firm · 10 Mar 2026
Ilkka Johannes Niiranen
Chairman of the supervisory board · 20 Sep 2024
Kevin Vaher
Supervisory board member · 20 Sep 2024
Reena Kangur
Supervisory board member · 20 Sep 2024
Omanikukonto: GREN EESTI AS
Shareholder · 130 000 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

35301Steam and air conditioning supply Main
35141Distribution of electricity
35151Trade of electricity
42211Construction of utility projects for fluids
82991Other business support service activities n.e.c.

Rulings 37

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20032870 / 11 10 Jul 2026	Amendment entry		In force 10 Jul 2026	PDF
Ä 20032870 / 10 27 Feb 2026	Amendment entry		In force 27 Feb 2026	PDF
Ä 20032870 / 9 2 Oct 2024	Amendment entry		In force 2 Oct 2024	PDF
Ä 20032870 / 8 24 Sep 2024	Amendment entry		In force 24 Sep 2024	PDF
Ä 20032870 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20032870 / 6 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 20032870 / 5 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
K 20032870 / 4 16 Apr 2013	Commercial pledge amended		In force 16 Apr 2013	PDF
Ä 20032870 / 3 16 Jun 2011	Amendment entry		In force 16 Jun 2011	PDF
Ä 20032870 / M2 1 Jun 2011	Ruling to eliminate deficiencies		In force 1 Jun 2011	PDF
Ä 32870 / 2 3 Dec 2008	Deletion of activities from the registry card		In force 29 Dec 2008	PDF
K 32871 / 5 17 Apr 2008	Commercial pledge entered		In force 17 Apr 2008	PDF
K 32871 / M1 16 Apr 2008	Ruling to eliminate deficiencies (to be served)	16 May 2008	In force 16 Apr 2008	PDF
Ä 32870 / M1 26 Apr 2006	Ruling to be served	26 May 2006	In force 28 Apr 2006	PDF
Ä 32870 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
Ä 312 / 10 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 32871 / 4 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 32871 / 3 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 32871 / 2 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 32871 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 18621 / 13 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 18621 / 12 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 18621 / 11 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 18621 / 10 2 Jan 2006	Change of registry district		Confirmed 2 Jan 2006	PDF
K 18621 / 9 15 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 8 15 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 7 15 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 6 15 Dec 2005	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 5 2 Nov 2004	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 4 2 Nov 2004	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 3 2 Nov 2004	Compliance with Commercial Code § 33 (7.1)		In force	PDF
K 18621 / 2 29 Oct 2004	Compliance with Commercial Code § 33 (7.1)		In force	PDF
Ä 312 / 5 25 Oct 2004	Second (constitutive) merger entry		In force	PDF
Ä 312 / M3 22 Oct 2004	Ruling to eliminate deficiencies (to be served)	1 Dec 2004	In force	PDF
Ä 312 / M2 13 Sep 2004	Ruling to eliminate deficiencies (to be served)	15 Nov 2004	In force	PDF
K 18621 7 Oct 2003	Commercial pledge entered		In force	PDF
Ä 312 / 4 14 Mar 2002	Entry decision on the register’s own initiative		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Gren Viljandi AS

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 37