Gren Tartu AS
Active Registry code 10641763
AS Tartu linn Registered 7 Feb 2000
Gren Tartu AS is a AS based in Tartu linn, registry code 10641763, status: active. Main activity: Steam and air conditioning supply. According to EMTA, turnover for Q3 2026 was €9 864 643 with 66 employees.
Turnover
9 864 643 €
↓ 30.4% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
407 209 €
↓ 29.4% vs Q2 2026
Employees
66
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 9.9 mn €above 98% of companiesindustry median 3 039 € · companies in the industry: 735
- Labour taxes per employee 6 170 €above 85% of companiesindustry median 2 710 € · companies in the industry: 179
- Revenue · 2025 48.3 mn €above 98% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 25.0 %above 72% of companiesindustry median 3.6 % · companies in the industry: 693
Taxes and turnover
- 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.
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 9 864 643 | — | 407 209 | 66 |
| Q2 2026 | 14 177 700 | 1 116 825 | 576 883 | 67 |
| Q1 2026 | 26 920 153 | — | 377 868 | 68 |
| Q4 2025 | 16 631 300 | 1 371 183 | 381 271 | 68 |
| Q3 2025 | 7 885 830 | 491 042 | 395 292 | 65 |
| Q2 2025 | 14 997 052 | 1 548 487 | 545 528 | 65 |
| Q1 2025 | 20 073 632 | 2 087 604 | 359 309 | 64 |
| Q4 2024 | 13 236 690 | 1 238 729 | 346 195 | 64 |
| Q3 2024 | 7 622 258 | 363 578 | 366 374 | 65 |
| Q2 2024 | 12 432 656 | 1 492 071 | 501 519 | 65 |
| Q1 2024 | 24 472 244 | 2 600 950 | 318 763 | 63 |
| Q4 2023 | 16 468 119 | 1 949 883 | 310 041 | 63 |
| Q3 2023 | 8 447 787 | 828 859 | 366 762 | 63 |
| Q2 2023 | 15 901 543 | 1 623 420 | 471 775 | 67 |
| Q1 2023 | 30 096 967 | 1 690 369 | 329 262 | 65 |
| Q4 2022 | 17 946 113 | 947 835 | 307 765 | 64 |
| Q3 2022 | 13 295 944 | 974 451 | 200 021 | 61 |
| Q2 2022 | 4 713 747 | 364 524 | 78 933 | 59 |
| Q1 2022 | 370 177 | 93 403 | 63 457 | 53 |
Labour taxes per employee per month
2 057 €
Turnover per employee in the quarter
149 464 €
Q3 2026 · calculated from EMTA data
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 48 335 765 | 12 064 917 | 3 875 730 | 202 526 772 | 173 428 787 | 66 |
| 2024 | 50 991 714 | 13 703 194 | 3 451 312 | 204 081 453 | 159 212 793 | 65 |
| 2023 | 69 253 559 | 22 520 336 | 3 580 942 | 172 296 940 | 148 583 432 | 65 |
| 2022 | 56 026 365 | 11 640 301 | 3 163 053 | 179 607 779 | 129 354 705 | 63 |
| 2021 | 700 800 | 221 285 | 444 464 | 16 678 253 | 11 446 045 | 7 |
| 2020 | 675 600 | 5 381 742 | 482 176 | 29 771 523 | 11 224 760 | 8 |
| 2019 | 673 200 | — | — | 37 743 186 | — | 8 |
| 2018 | — | — | — | — | — | 8 |
| 2017 | — | — | — | — | — | 8 |
| 2016 | — | — | — | — | — | 8 |
| 2015 | — | — | — | — | — | 9 |
| 2014 | — | — | — | — | — | 8 |
| 2013 | — | — | — | — | — | 9 |
| 2012 | — | — | — | — | — | 9 |
| 2008 | — | — | — | — | — | 95 |
| 2007 | — | — | — | — | — | 93 |
| 2006 | — | — | — | — | — | 8 |
| 2005 | — | — | — | — | — | 8 |
| 2004 | — | — | — | — | — | 79 |
| 2002 | — | — | — | — | — | 8 |
| 2001 | — | — | — | — | — | 10 |
| 2000 | — | — | — | — | — | 6 |
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
24.8 %
Net profit / revenue
Return on equity (ROE)
7.0 %
Net profit / equity
Return on assets (ROA)
6.0 %
Net profit / assets
Equity ratio
85.6 %
Equity / assets
Debt ratio
14.4 %
Liabilities / assets
Current ratio
1.21
Current assets / current liabilities
Revenue per employee
738 523 €
Revenue / average full-time employees
Labour cost per employee per month
4 894 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 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 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 21 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 21 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 21 Oct 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Nov 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Margo KülaotsBoard member · since 1 Dec 2000
- Diana Laurits-TassProcurator · since 2 Mar 2026
- Imbi LoometsProcurator · since 2 Mar 2026
- Kadri UibopuuProcurator · since 2 Mar 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.
Beneficial owners
- Ilkka Johannes NiiranenMember of a senior management body (management or supervisory board) · FIN · since 3 Jan 2024
- Margo KülaotsMember of a senior management body (management or supervisory board) · since 3 Jan 2024
Founders and other persons
- Kotkan Energia OyFounder · 400 000 € · 7 Feb 2000
- Aktsiaselts PricewaterhouseCoopersAudit firm · 9 Dec 2022
- Ilkka Johannes NiiranenChairman of the supervisory board · 4 Jan 2022
- Urmo HeinamSupervisory board member · 24 Sep 2021
- Laura-Maria JauhiainenSupervisory board member · 4 Nov 2022
- Reena KangurSupervisory board member · 17 Jan 2025
- Omanikukonto: GREN OYShareholder · 6 415 560 € · 11 Feb 2025
Related companies
Activities (EMTAK)
- 35301Steam and air conditioning supply Main
- 08921Extraction of peat
- 35129Other electricity production, including from biomass
- 35141Distribution of electricity
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20019419 / M12 11 Aug 2026 |
Ruling to correct data outside an entry | 21 Aug 2026 | In force 11 Aug 2026 |
|
| Ä 20019419 / 30 2 Mar 2026 |
Amendment entry | In force 2 Mar 2026 |
||
| Ä 20019419 / 29 10 Jul 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 10 Jul 2025 |
||
| Ä 20019419 / 28 18 Sep 2024 |
Entry refused: deficiencies not eliminated | In force 8 Oct 2024 |
||
| Ä 20019419 / M11 26 Aug 2024 |
Procedural ruling | 5 Sep 2024 | In force 26 Aug 2024 |
|
| Ä 20019419 / 27 29 Apr 2024 |
Amendment entry | In force 29 Apr 2024 |
||
| Ä 20019419 / 26 20 Jul 2022 |
Second (constitutive) merger entry | In force 20 Jul 2022 |
||
| Ä 20019419 / 25 21 Jun 2022 |
Entry refused: deficiencies not eliminated | In force 22 Jul 2022 |
||
| Ä 20019419 / M10 19 May 2022 |
Ruling to eliminate deficiencies | 18 Jun 2022 | In force 19 May 2022 |
|
| Ä 20019419 / 24 19 Nov 2021 |
Amendment entry | In force 19 Nov 2021 |
||
| Ä 20019419 / 23 29 Sep 2021 |
Amendment under Commercial Code § 525 (2) | In force 29 Sep 2021 |
||
| Ä 20019419 / 22 10 Sep 2021 |
Amendment entry | In force 10 Sep 2021 |
||
| Ä 20019419 / M9 13 Aug 2021 |
Procedural ruling | In force 13 Aug 2021 |
||
| Ä 20019419 / M8 12 Aug 2021 |
Ruling to eliminate deficiencies | 22 Aug 2021 | In force 12 Aug 2021 |
|
| Ä 20019419 / M7 21 Jul 2021 |
Ruling to eliminate deficiencies | 10 Aug 2021 | In force 21 Jul 2021 |
|
| K 20019419 / 21 6 Jul 2021 |
Commercial pledge deleted | In force 6 Jul 2021 |
||
| K 20019419 / 20 22 Jun 2021 |
Commercial pledge deleted | In force 22 Jun 2021 |
||
| Ä 20019419 / 19 14 Dec 2020 |
Amendment under Commercial Code § 525 (2) | In force 14 Dec 2020 |
||
| Ä 20019419 / M6 5 Jul 2019 |
Procedural ruling | 4 Aug 2019 | In force 5 Jul 2019 |
|
| Ä 20019419 / 18 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20019419 / 17 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20019419 / 16 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20019419 / 15 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20019419 / 14 23 May 2016 |
Entry refused: deficiencies not eliminated | In force 8 Jun 2016 |
||
| Ä 20019419 / M5 22 Apr 2016 |
Ruling to correct data outside an entry | 22 May 2016 | In force 22 Apr 2016 |
|
| Ä 20019419 / M4 1 Oct 2015 |
Ruling to correct data outside an entry | 31 Oct 2015 | Deficiencies eliminated 12 Oct 2015 |
|
| Ä 20019419 / 13 14 May 2014 |
Amendment under Commercial Code § 525 (2) | In force 14 May 2014 |
||
| Ä 20019419 / 12 22 Mar 2013 |
Amendment entry | In force 22 Mar 2013 |
||
| Ä 20019419 / 11 17 Oct 2011 |
Amendment entry | In force 17 Oct 2011 |
||
| Ä 20019419 / 10 4 Jul 2011 |
Amendment entry | In force 4 Jul 2011 |
||
| Ä 20019419 / 9 13 Aug 2010 |
Amendment entry | In force 13 Aug 2010 |
||
| Ä 20019419 / 8 29 Jun 2010 |
Deletion of activities from the registry card | In force 29 Jun 2010 |
||
| Ä 20019419 / 7 4 Jun 2010 |
Amendment entry | In force 4 Jun 2010 |
||
| Ä 20019419 / M3 13 May 2010 |
Ruling to eliminate deficiencies | 30 Jun 2010 | In force 13 May 2010 |
|
| Ä 20019419 / M2 13 Apr 2010 |
Ruling to eliminate deficiencies | 13 May 2010 | In force 13 Apr 2010 |
|
| K 39046 / 2 10 Jul 2007 |
Commercial pledge entered | In force 13 Jul 2007 |
||
| K 39046 10 Jul 2007 |
Commercial pledge entered | In force 10 Jul 2007 |
||
| Ä 19419 / 6 19 Jun 2007 |
Amendment entry | In force 20 Jun 2007 |
||
| Ä 19419 / 5 22 Jan 2004 |
Amendment entry | In force | ||
| Ä 19419 / 4 6 May 2003 |
Amendment entry | In force | ||
| Ä 19419 / 3 7 Feb 2003 |
Entry decision on the register’s own initiative | In force | ||
| Ä 19419 / 2 30 Jan 2003 |
Unpublished amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data