GPV Estonia AS
Active Registry code 11045112
AS Elva linn Registered 23 Jul 2004
GPV Estonia AS is a AS based in Elva linn, registry code 11045112, status: active. Main activity: Manufacture of loaded electronic boards. According to EMTA, turnover for Q3 2026 was €55 349 877 with 786 employees.
Turnover
55 349 877 €
↓ 11.7% vs Q2 2026
State taxes
1 084 857 €
↑ 3.9% vs Q2 2026
Labour taxes
2 390 527 €
↑ 1.5% vs Q2 2026
Employees
786
+8 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 55.3 mn €above 98% of companiesindustry median 104 899 € · companies in the industry: 120
- Labour taxes per employee 3 041 €above 41% of companiesindustry median 3 267 € · companies in the industry: 90
- Revenue · 2025 177 mn €above 98% of companiesindustry median 82 860 € · companies in the industry: 151
- Net profit margin · 2025 4.3 %above 53% of companiesindustry median 3.5 % · companies in the industry: 114
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (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 | 55 349 877 | 1 084 857 | 2 390 527 | 786 |
| Q2 2026 | 62 683 544 | 1 044 163 | 2 354 265 | 778 |
| Q1 2026 | 60 720 666 | 1 013 414 | 2 349 313 | 769 |
| Q4 2025 | 62 173 862 | 679 354 | 2 460 124 | 777 |
| Q3 2025 | 58 583 029 | 1 048 114 | 2 618 205 | 789 |
| Q2 2025 | 64 722 186 | 756 370 | 2 346 478 | 779 |
| Q1 2025 | 64 877 513 | 2 261 172 | 2 184 817 | 774 |
| Q4 2024 | 64 448 548 | 1 181 693 | 2 157 312 | 758 |
| Q3 2024 | 60 355 855 | 1 063 430 | 2 228 627 | 758 |
| Q2 2024 | 65 663 096 | 1 310 426 | 2 277 550 | 768 |
| Q1 2024 | 65 649 725 | 2 447 509 | 2 151 386 | 788 |
| Q4 2023 | 78 675 055 | 1 256 715 | 2 168 400 | 815 |
| Q3 2023 | 82 017 452 | 217 926 | 2 368 110 | 831 |
| Q2 2023 | 83 612 167 | — | 2 064 057 | 888 |
| Q1 2023 | 79 161 604 | — | 1 953 754 | 860 |
| Q4 2022 | 79 359 760 | — | 1 901 784 | 828 |
| Q3 2022 | 74 922 168 | 65 104 | 1 860 828 | 794 |
| Q2 2022 | 71 858 191 | — | 1 626 706 | 804 |
| Q1 2022 | 61 730 218 | 182 186 | 1 674 724 | 804 |
Labour taxes per employee per month
1 014 €
Turnover per employee in the quarter
70 420 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of computer, electronic and optical products (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 | 176 980 926 | 7 692 123 | 23 216 306 | 66 153 737 | 35 198 644 | 769 |
| 2024 | 178 055 109 | 4 725 610 | 21 676 856 | 74 397 096 | 27 506 521 | 749 |
| 2023 | 213 588 144 | 5 545 079 | 21 828 241 | 92 874 688 | 28 780 911 | 814 |
| 2022 | 190 827 315 | 1 621 736 | 18 237 186 | 97 968 388 | 23 235 832 | 909 |
| 2021 | 134 968 748 | 2 251 711 | 16 905 511 | 74 204 152 | 23 368 335 | 814 |
| 2020 | 128 943 959 | 3 458 764 | 16 105 638 | 55 688 918 | 23 710 124 | 777 |
| 2019 | 123 063 482 | 254 533 | 15 840 856 | 59 337 527 | 20 441 360 | 784 |
| 2018 | — | — | — | — | — | 704 |
| 2017 | — | — | — | — | — | 670 |
| 2016 | — | — | — | — | — | 652 |
| 2015 | — | — | — | — | — | 673 |
| 2014 | — | — | — | — | — | 736 |
| 2013 | — | — | — | — | — | 740 |
| 2012 | — | — | — | — | — | 701 |
| 2011 | — | — | — | — | — | 716 |
| 2010 | — | — | — | — | — | 667 |
| 2009 | — | — | — | — | — | 462 |
| 2008 | — | — | — | — | — | 534 |
| 2007 | — | — | — | — | — | 429 |
| 2006 | — | — | — | — | — | 501 |
| 2005 | — | — | — | — | — | 361 |
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
4.3 %
Net profit / revenue
Return on equity (ROE)
21.9 %
Net profit / equity
Return on assets (ROA)
11.6 %
Net profit / assets
Equity ratio
53.2 %
Equity / assets
Debt ratio
46.8 %
Liabilities / assets
Current ratio
1.78
Current assets / current liabilities
Revenue per employee
230 144 €
Revenue / average full-time employees
Labour cost per employee per month
2 516 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 17 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 26 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 14 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 12 Mar 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Bo LybækBoard member · since 3 Jul 2026
- Henrik TornbjergBoard member · since 3 Jul 2026
- Anti KõrveBoard member · since 10 Jul 2026
- Aivi KurimProcurator · since 8 Jun 2021
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
- Anne Glintborg FogMember of a senior management body (management or supervisory board) · DNK · since 5 Sep 2023
- Martin KjærboMember of a senior management body (management or supervisory board) · DNK · since 5 Sep 2023
- Thomas KaiserMember of a senior management body (management or supervisory board) · CHE · since 5 Sep 2023
Founders and other persons
- ENICS AGFounder · 400 000 € · 8 Jun 2004
- KPMG Baltics OÜAudit firm · 14 Sep 2015
- Martin KjærboChairman of the supervisory board · 2 Jul 2023
- Anne Glintborg FogSupervisory board member · 2 Jul 2023
- Thomas KaiserSupervisory board member · 2 Jul 2023
- Omanikukonto: GPV DACH (Nordic) AGShareholder · 25 560 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 26121Manufacture of loaded electronic boards Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 20027191 / 36 10 Jul 2026 |
Amendment entry | In force 10 Jul 2026 |
||
| Ä 20027191 / 35 3 Jul 2026 |
Amendment entry | In force 3 Jul 2026 |
||
| Ä 20027191 / 34 22 Aug 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 22 Aug 2023 |
||
| Ä 20027191 / 33 18 Jul 2023 |
Amendment entry | In force 18 Jul 2023 |
||
| Ä 20027191 / 32 27 Jun 2023 |
Amendment entry | In force 27 Jun 2023 |
||
| Ä 20027191 / M8 20 Jun 2023 |
Ruling to eliminate deficiencies | 11 Jul 2023 | Deficiencies eliminated 26 Jun 2023 |
|
| Ä 20027191 / 31 20 Jan 2023 |
Amendment entry | In force 20 Jan 2023 |
||
| Ä 20027191 / 30 9 Sep 2022 |
Amendment entry | In force 9 Sep 2022 |
||
| Ä 20027191 / M7 7 Sep 2022 |
Procedural ruling | 17 Sep 2022 | Deficiencies eliminated 9 Sep 2022 |
|
| Ä 20027191 / 29 25 May 2022 |
Amendment entry | In force 25 May 2022 |
||
| Ä 20027191 / 28 6 Oct 2021 |
Amendment entry | In force 6 Oct 2021 |
||
| Ä 20027191 / 27 8 Jun 2021 |
Amendment entry | In force 8 Jun 2021 |
||
| Ä 20027191 / M6 7 Jun 2021 |
Procedural ruling | 22 Jun 2021 | Deficiencies eliminated 8 Jun 2021 |
|
| Ä 20027191 / 26 4 Nov 2020 |
Amendment entry | In force 4 Nov 2020 |
||
| Ä 20027191 / 25 6 Jul 2020 |
Amendment entry | In force 6 Jul 2020 |
||
| Ä 20027191 / 24 10 Jan 2020 |
Amendment entry | In force 10 Jan 2020 |
||
| Ä 20027191 / 23 14 Oct 2019 |
Amendment entry | In force 14 Oct 2019 |
||
| K 20027191 / 22 8 May 2018 |
Commercial pledge deleted | In force 8 May 2018 |
||
| K 20027191 / 21 12 Mar 2018 |
Commercial pledge amended | In force 12 Mar 2018 |
||
| Ä 20027191 / 20 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 20027191 / 19 22 Dec 2017 |
Amendment entry | In force 22 Dec 2017 |
||
| Ä 20027191 / 18 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20027191 / 17 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20027191 / 16 11 May 2017 |
Second (constitutive) merger entry | In force 11 May 2017 |
||
| K 20027191 / 15 20 Feb 2017 |
Commercial pledge amended | In force 20 Feb 2017 |
||
| K 20027191 / 14 17 Jun 2014 |
Commercial pledge amended | In force 17 Jun 2014 |
||
| K 20027191 / M5 13 Jun 2014 |
Ruling to eliminate deficiencies | 28 Jun 2014 | Deficiencies eliminated 17 Jun 2014 |
|
| K 20027191 / 13 28 May 2014 |
Commercial pledge amended | In force 28 May 2014 |
||
| Ä 20027191 / 12 26 Sep 2013 |
Amendment entry | In force 26 Sep 2013 |
||
| Ä 20027191 / 11 12 Mar 2013 |
Amendment entry | In force 12 Mar 2013 |
||
| Ä 20027191 / M4 12 Feb 2013 |
Ruling to eliminate deficiencies | 15 Mar 2013 | In force 12 Feb 2013 |
|
| Ä 20027191 / 10 18 Jul 2012 |
Amendment entry | In force 18 Jul 2012 |
||
| Ä 20027191 / 9 10 Jul 2012 |
Entry refused: deficiencies not eliminated | In force 11 Jul 2012 |
||
| Ä 20027191 / 8 7 May 2012 |
Amendment entry | In force 7 May 2012 |
||
| Ä 20027191 / M3 4 Apr 2012 |
Ruling to eliminate deficiencies | 4 May 2012 | In force 4 Apr 2012 |
|
| Ä 20027191 / M2 12 Mar 2012 |
Ruling to eliminate deficiencies | 12 Jun 2012 | In force 12 Mar 2012 |
|
| Ä 20027191 / 7 28 Sep 2011 |
Amendment entry | In force 28 Sep 2011 |
||
| Ä 20027191 / 6 10 Jun 2010 |
Deletion of activities from the registry card | In force 10 Jun 2010 |
||
| Ä 27191 / 5 12 Nov 2009 |
Amendment entry | In force 12 Nov 2009 |
||
| Ä 27191 / 4 17 Jul 2009 |
Amendment entry | In force 17 Jul 2009 |
||
| Ä 27191 / 3 23 Apr 2009 |
Amendment entry | In force 23 Apr 2009 |
||
| Ä 27191 / 2 27 Feb 2006 |
Amendment entry | In force 27 Feb 2006 |
||
| Ä 27191 / M1 3 Feb 2006 |
Ruling to eliminate deficiencies (to be served) | In force 6 Feb 2006 |
||
| K 28405 17 Feb 2005 |
Commercial pledge entered | In force | ||
| Ä 27191 19 Jul 2004 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data