Osaühing Gravex Balti

Active Registry code 10222664 OÜ Tallinn Registered 25 Jun 1997

Osaühing Gravex Balti is a OÜ based in Tallinn, registry code 10222664, status: active. Main activity: Retail sale of goods n.e.c.. According to EMTA, turnover for Q3 2026 was €220 739 with 10 employees.

Turnover

220 739 €

↓ 24.2% vs Q2 2026

State taxes

63 577 €

↓ 16.2% vs Q2 2026

Labour taxes

35 515 €

↓ 4.0% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 220 739 €

above 85% of companies

industry median 23 652 € · companies in the industry: 7 652
Labour taxes per employee 3 552 €

above 92% of companies

industry median 1 201 € · companies in the industry: 4 663
Revenue · 2025 900 163 €

above 92% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 0.4 %

above 42% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 220 739 € · −24.2% vs Q2 2026 · industry median 23 652 € · above 85% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 552 € · +5.5% vs Q2 2026 · industry median 1 201 € · above 92% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 10 · −9.1% vs Q2 2026

State taxes, € Q3 2026: 63 577 € · −16.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	220 739	63 577	35 515	10
Q2 2026	291 326	75 868	37 014	11
Q1 2026	287 054	80 982	38 430	12
Q4 2025	282 975	78 292	41 406	12
Q3 2025	217 308	73 658	43 215	12
Q2 2025	302 984	85 174	44 168	13
Q1 2025	294 335	75 889	45 108	14
Q4 2024	266 477	72 180	39 927	14
Q3 2024	310 522	65 680	39 377	13
Q2 2024	267 090	68 387	35 503	11
Q1 2024	302 663	81 180	37 611	12
Q4 2023	265 699	59 645	35 282	12
Q3 2023	264 637	66 168	35 732	12
Q2 2023	358 166	77 075	36 514	13
Q1 2023	237 182	59 912	32 858	13
Q4 2022	299 637	60 945	30 522	12
Q3 2022	261 760	58 703	30 553	13
Q2 2022	317 485	61 224	29 571	13
Q1 2022	264 186	62 523	31 772	14

Labour taxes per employee per month

1 184 €

Turnover per employee in the quarter

22 074 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 900 163 € · +1.7% vs 2024 · industry median 16 974 € · above 92% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 3 694 € · −64.4% vs 2024 · industry median 0 € · above 78% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.4 % · −0.8 pp vs the year before · industry median 1.3 % · above 42% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 458 894 € · −3.9% vs 2024

Equity, € thousand 2025: 294 007 € · +1.3% vs 2024

Employees 2025: 14 · +7.7% vs 2024 · industry median 2 · above 93% of the industry

Company
Industry median

Industry: Retail trade (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	900 163	3 694	398 329	458 894	294 007	14
2024	885 153	10 366	375 194	477 362	290 313	13
2023	923 182	43 118	341 082	503 052	279 947	14
2022	853 952	-7 180	305 677	479 149	236 829	14
2021	817 985	157 952	276 360	500 484	344 009	16
2020	715 581	-38 934	285 060	377 212	186 057	16
2019	915 144	-44 881	341 451	453 929	224 991	16
2018	—	—	—	—	—	17
2017	—	—	—	—	—	16
2016	—	—	—	—	—	16
2015	—	—	—	—	—	15
2014	—	—	—	—	—	14
2013	—	—	—	—	—	13
2012	—	—	—	—	—	12
2011	—	—	—	—	—	10
2010	—	—	—	—	—	9
2009	—	—	—	—	—	9
2008	—	—	—	—	—	10
2007	—	—	—	—	—	10
2006	—	—	—	—	—	9
2005	—	—	—	—	—	7
2004	—	—	—	—	—	8
2003	—	—	—	—	—	7
2002	—	—	—	—	—	7
2001	—	—	—	—	—	5
2000	—	—	—	—	—	5
1999	—	—	—	—	—	5
1998	—	—	—	—	—	4
1997	—	—	—	—	—	5

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

0.4 %

Net profit / revenue

Return on equity (ROE)

1.3 %

Net profit / equity

Return on assets (ROA)

0.8 %

Net profit / assets

Equity ratio

64.1 %

Equity / assets

Debt ratio

35.9 %

Liabilities / assets

Current ratio

2.27

Current assets / current liabilities

Revenue per employee

64 297 €

Revenue / average full-time employees

Labour cost per employee per month

2 371 €

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 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	19 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	13 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	27 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	18 May 2020	Company’s own	e-Äriregister

Board

Risto Tammeorg
Board member · since 25 Sep 2003

Right of representation

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

Owners

Risto Tammeorg
Natural person · 3 196 €

100%

Beneficial owners

Risto Tammeorg
Direct ownership · since 18 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

47789Retail sale of goods n.e.c. Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10014265 / 11 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10014265 / 10 6 Oct 2020	Amendment entry	In force 6 Oct 2020	PDF
Ä 10014265 / 9 16 Jan 2018	Amendment entry	In force 16 Jan 2018	PDF
Ä 10014265 / 8 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10014265 / 7 31 Aug 2016	Amendment entry	In force 31 Aug 2016	PDF
Ä 10014265 / 6 26 Jan 2012	Amendment entry	In force 26 Jan 2012	PDF
Ä 14265 / 5 3 Dec 2008	Deletion of activities from the registry card	In force 5 Dec 2008	PDF
Ä 14265 / 4 24 Sep 2008	Amendment entry	In force 24 Sep 2008	PDF
Ä 14265 / 3 23 Sep 2003	Amendment entry	In force	PDF

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

Osaühing Gravex Balti

Position in the industry Retail trade · EMTAK 47

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9