Osaühing GROW Capital Management

Active Registry code 10676448 OÜ Tallinn Registered 14 Jun 2000
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Osaühing GROW Capital Management is a OÜ based in Tallinn, registry code 10676448, status: active. Main activity: Activities of holding companies. According to EMTA, turnover for Q3 2026 was €41 086 with 1 employees.

Turnover
41 086 €
↑ 3.9% vs Q2 2026
State taxes
12 652 €
↑ 0.2% vs Q2 2026
Labour taxes
4 295 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Financial service activities, except insurance and pension funding · EMTAK 64

  • Turnover · Q3 2026 41 086 €
    industry median 13 555 € · companies in the industry: 547
  • Labour taxes per employee 4 295 €
    industry median 2 214 € · companies in the industry: 443
  • Revenue · 2025 153 320 €
    industry median 0 € · companies in the industry: 3 672
  • Net profit margin · 2025 99.6 %
    industry median 34.4 % · companies in the industry: 770

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 41 086 € · +3.9% vs Q2 2026 · industry median 13 555 € · above 71% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 35 867 € Industry median: 14 078 €Q4·23Q1 2024 Company: 26 216 € Industry median: 17 274 €Q2 2024 Company: 35 880 € Industry median: 13 884 €Q2·24Q3 2024 Company: 39 970 € Industry median: 13 160 €Q4 2024 Company: 35 979 € Industry median: 15 008 €Q4·24Q1 2025 Company: 35 852 € Industry median: 16 276 €Q2 2025 Company: 34 905 € Industry median: 16 066 €Q2·25Q3 2025 Company: 35 883 € Industry median: 12 383 €Q4 2025 Company: 35 086 € Industry median: 15 000 €Q4·25Q1 2026 Company: 36 519 € Industry median: 16 305 €Q2 2026 Company: 39 553 € Industry median: 14 161 €Q2·26Q3 2026 Company: 41 086 € Industry median: 13 555 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 35 979 € Industry median: 15 008 €Q1 2025 Company: 35 852 € Industry median: 16 276 €Q1·25Q2 2025 Company: 34 905 € Industry median: 16 066 €Q3 2025 Company: 35 883 € Industry median: 12 383 €Q3·25Q4 2025 Company: 35 086 € Industry median: 15 000 €Q1 2026 Company: 36 519 € Industry median: 16 305 €Q1·26Q2 2026 Company: 39 553 € Industry median: 14 161 €Q3 2026 Company: 41 086 € Industry median: 13 555 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 4 295 € · +0.0% vs Q2 2026 · industry median 2 214 € · above 66% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 608 € Industry median: 2 331 €Q4·23Q1 2024 Company: 5 495 € Industry median: 2 206 €Q2 2024 Company: 3 608 € Industry median: 2 448 €Q2·24Q3 2024 Company: 3 608 € Industry median: 2 272 €Q4 2024 Company: 7 125 € Industry median: 2 438 €Q4·24Q1 2025 Company: 2 659 € Industry median: 2 659 €Q2 2025 Company: 1 284 € Industry median: 2 225 €Q2·25Q3 2025 Company: 3 562 € Industry median: 2 338 €Q4 2025 Company: 4 962 € Industry median: 2 418 €Q4·25Q1 2026 Company: 3 715 € Industry median: 2 338 €Q2 2026 Company: 4 295 € Industry median: 2 196 €Q2·26Q3 2026 Company: 4 295 € Industry median: 2 214 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 7 125 € Industry median: 2 438 €Q1 2025 Company: 2 659 € Industry median: 2 659 €Q1·25Q2 2025 Company: 1 284 € Industry median: 2 225 €Q3 2025 Company: 3 562 € Industry median: 2 338 €Q3·25Q4 2025 Company: 4 962 € Industry median: 2 418 €Q1 2026 Company: 3 715 € Industry median: 2 338 €Q1·26Q2 2026 Company: 4 295 € Industry median: 2 196 €Q3 2026 Company: 4 295 € Industry median: 2 214 €Q3·26
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 12 652 € · +0.2% vs Q2 2026
05 00010 00015 000Q4 2023 Company: 10 022 €Q4·23Q1 2024 Company: 9 846 €Q2 2024 Company: 10 528 €Q2·24Q3 2024 Company: 10 662 €Q4 2024 Company: 14 186 €Q4·24Q1 2025 Company: 7 315 €Q2 2025 Company: 7 100 €Q2·25Q3 2025 Company: 11 177 €Q4 2025 Company: 12 557 €Q4·25Q1 2026 Company: 11 203 €Q2 2026 Company: 12 622 €Q2·26Q3 2026 Company: 12 652 €Q3·2605 00010 00015 000Q4 2024 Company: 14 186 €Q1 2025 Company: 7 315 €Q1·25Q2 2025 Company: 7 100 €Q3 2025 Company: 11 177 €Q3·25Q4 2025 Company: 12 557 €Q1 2026 Company: 11 203 €Q1·26Q2 2026 Company: 12 622 €Q3 2026 Company: 12 652 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 41 086 12 652 4 295 1
Q2 2026 39 553 12 622 4 295 1
Q1 2026 36 519 11 203 3 715 1
Q4 2025 35 086 12 557 4 962 1
Q3 2025 35 883 11 177 3 562 1
Q2 2025 34 905 7 100 1 284 1
Q1 2025 35 852 7 315 2 659 1
Q4 2024 35 979 14 186 7 125 1
Q3 2024 39 970 10 662 3 608 1
Q2 2024 35 880 10 528 3 608 1
Q1 2024 26 216 9 846 5 495 1
Q4 2023 35 867 10 022 3 608 1
Q3 2023 35 690 9 149 2 917 1
Q2 2023 37 682 7 494 2 571 1
Q1 2023 39 106 19 225 12 340 1
Q4 2022 36 135 9 269 2 559 1
Q3 2022 34 912 8 738 2 566 1
Q2 2022 39 325 9 772 2 566 1
Q1 2022 36 822 9 071 2 566 1
Labour taxes per employee per month
1 432 €
Turnover per employee in the quarter
41 086 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 153 320 € · +4.9% vs 2024 · industry median 0 € · above 98% of the industry
0501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 147 759 € Industry median: 0 €20192020 Company: 142 345 € Industry median: 0 €20202021 Company: 145 826 € Industry median: 0 €20212022 Company: 152 084 € Industry median: 0 €20222023 Company: 155 600 € Industry median: 0 €20232024 Company: 146 122 € Industry median: 0 €20242025 Company: 153 320 € Industry median: 0 €20250501001502002018 Company: — Industry median: —2019 Company: 147 759 € Industry median: 0 €20192020 Company: 142 345 € Industry median: 0 €2021 Company: 145 826 € Industry median: 0 €20212022 Company: 152 084 € Industry median: 0 €2023 Company: 155 600 € Industry median: 0 €20232024 Company: 146 122 € Industry median: 0 €2025 Company: 153 320 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 152 701 € · −41.7% vs 2024 · industry median 0 € · above 90% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 78 010 € Industry median: 0 €20192020 Company: 131 201 € Industry median: 0 €20202021 Company: 272 624 € Industry median: 0 €20212022 Company: 283 905 € Industry median: 0 €20222023 Company: 416 620 € Industry median: 0 €20232024 Company: 261 968 € Industry median: 0 €20242025 Company: 152 701 € Industry median: 0 €202501002003004005002018 Company: — Industry median: —2019 Company: 78 010 € Industry median: 0 €20192020 Company: 131 201 € Industry median: 0 €2021 Company: 272 624 € Industry median: 0 €20212022 Company: 283 905 € Industry median: 0 €2023 Company: 416 620 € Industry median: 0 €20232024 Company: 261 968 € Industry median: 0 €2025 Company: 152 701 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 99.6 % · −79.7 pp vs the year before · industry median 34.4 % · above 78% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 52.8 % Industry median: 39.3 %20192020 Company: 92.2 % Industry median: 42.1 %20202021 Company: 187.0 % Industry median: 45.0 %20212022 Company: 186.7 % Industry median: 26.3 %20222023 Company: 267.8 % Industry median: 41.1 %20232024 Company: 179.3 % Industry median: 35.8 %20242025 Company: 99.6 % Industry median: 34.4 %202501002003002018 Company: — Industry median: —2019 Company: 52.8 % Industry median: 39.3 %20192020 Company: 92.2 % Industry median: 42.1 %2021 Company: 187.0 % Industry median: 45.0 %20212022 Company: 186.7 % Industry median: 26.3 %2023 Company: 267.8 % Industry median: 41.1 %20232024 Company: 179.3 % Industry median: 35.8 %2025 Company: 99.6 % Industry median: 34.4 %2025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 522 525 € · +2.5% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 528 900 €20192020 Company: 552 670 €20202021 Company: 781 385 €20212022 Company: 926 619 €20222023 Company: 1 316 850 €20232024 Company: 1 486 076 €20242025 Company: 1 522 525 €202505001 0001 5002 0002018 Company: —2019 Company: 528 900 €20192020 Company: 552 670 €2021 Company: 781 385 €20212022 Company: 926 619 €2023 Company: 1 316 850 €20232024 Company: 1 486 076 €2025 Company: 1 522 525 €2025
Equity, € thousand 2025: 1 469 193 € · −0.6% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 508 193 €20192020 Company: 543 244 €20202021 Company: 769 405 €20212022 Company: 909 780 €20222023 Company: 1 306 400 €20232024 Company: 1 477 892 €20242025 Company: 1 469 193 €202505001 0001 5002018 Company: —2019 Company: 508 193 €20192020 Company: 543 244 €2021 Company: 769 405 €20212022 Company: 909 780 €2023 Company: 1 306 400 €20232024 Company: 1 477 892 €2025 Company: 1 469 193 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02018 Company: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Financial service activities, except insurance and pension funding (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 153 320 152 701 28 246 1 522 525 1 469 193 1
2024 146 122 261 968 34 712 1 486 076 1 477 892 1
2023 155 600 416 620 31 934 1 316 850 1 306 400 1
2022 152 084 283 905 27 313 926 619 909 780 1
2021 145 826 272 624 27 142 781 385 769 405 1
2020 142 345 131 201 17 007 552 670 543 244 1
2019 147 759 78 010 25 536 528 900 508 193 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 0
2012 — — — — — 1
2011 — — — — — 1
2010 — — — — — 1
2009 — — — — — 7
2008 — — — — — 10
2007 — — — — — 10
2006 — — — — — 7
2005 — — — — — 7
2004 — — — — — 7
2003 — — — — — 6
2002 — — — — — 4
2001 — — — — — 3
2000 — — — — — 2

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
99.6 %
Net profit / revenue
Return on equity (ROE)
10.4 %
Net profit / equity
Return on assets (ROA)
10.0 %
Net profit / assets
Equity ratio
96.5 %
Equity / assets
Debt ratio
3.5 %
Liabilities / assets
Current ratio
2.92
Current assets / current liabilities
Revenue per employee
153 320 €
Revenue / average full-time employees
Labour cost per employee per month
2 354 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 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 1 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Nov 2020 Company’s own e-Äriregister

Board

  • Ulvi Tallo
    Board member · since 22 Aug 2003
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 64211Activities of holding companies Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10049769 / 15
23 Sep 2021
Amendment under Commercial Code § 525 (2) In force
23 Sep 2021
PDF
Ä 10049769 / 14
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10049769 / 13
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10049769 / 12
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10049769 / 11
31 Jan 2017
Amendment entry In force
31 Jan 2017
PDF
Ä 10049769 / 10
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10049769 / 9
13 Nov 2014
Amendment entry In force
13 Nov 2014
PDF
Ä 10049769 / M7
12 Nov 2014
Ruling to eliminate deficiencies 2 Dec 2014 Deficiencies eliminated
13 Nov 2014
PDF
Ä 10049769 / M6
22 Oct 2014
Refund of the state fee In force
22 Oct 2014
PDF
Ä 10049769 / 8
9 Feb 2012
Amendment entry In force
9 Feb 2012
PDF
Ä 10049769 / 7
25 Jan 2012
Entry refused: deficiencies not eliminated In force
27 Jan 2012
PDF
Ä 10049769 / M5
5 Dec 2011
Ruling to eliminate deficiencies In force
5 Dec 2011
PDF
Ä 10049769 / M4
5 Dec 2011
Ruling to be served In force
5 Dec 2011
PDF
Ä 10049769 / 6
11 Nov 2011
Entry refused: deficiencies not eliminated In force
14 Nov 2011
PDF
Ä 10049769 / M3
12 Oct 2011
Ruling to eliminate deficiencies In force
12 Oct 2011
PDF
Ä 49769 / 5
7 Apr 2009
Amendment under Commercial Code § 525 (2) In force
7 Apr 2009
PDF
Ä 49769 / 4
3 Dec 2008
Deletion of activities from the registry card In force
4 Dec 2008
PDF
Ä 49769 / M2
22 Dec 2006
Refund of the state fee In force
22 Dec 2006
PDF
Ä 49769 / 3
27 Nov 2006
Amendment entry In force
27 Nov 2006
PDF
Ä 49769 / M1
8 Nov 2006
Ruling to eliminate deficiencies (to be served) 21 Jan 2007 In force
14 Nov 2006
PDF
Ä 49769 / 2
22 Aug 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