GrECo Baltic Holding AS

Active Registry code 11081102 AS Tallinn Registered 28 Oct 2004

GrECo Baltic Holding AS is a AS based in Tallinn, registry code 11081102, status: active. Main activity: Other financial service activities n.e.c., except insurance and pension funding. Its annual report for 2025 shows revenue of €0 and 0 employees.

Turnover

—

State taxes

84 859 €

Labour taxes

0 €

Employees

—

Q3 2023 · data from the Tax and Customs Board (EMTA)

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

Revenue · 2025 0 €

above 5% of companies

industry median 0 € · companies in the industry: 3 672

Taxes and turnover

Q3 2023 – Q3 2023

State taxes, € Q3 2023: 84 859 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2023	—	84 859	—	—

Financials by year

2016 – 2025

Revenue, € 2025: 0 € · industry median 0 € · above 5% of the industry

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: 2 209 479 € · −26.7% vs 2024 · industry median 0 € · above 98% of the industry

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: 1 043 883 € · −8.2% vs 2024

Equity, € thousand 2025: 1 039 078 € · −8.0% vs 2024

Employees 2025: 0 · industry median 1 · above 2% of the industry

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, €	Assets, €	Equity, €	Employees
2025	0	2 209 479	1 043 883	1 039 078	0
2024	0	3 014 991	1 136 691	1 129 600	0
2023	0	1 052 454	317 860	314 608	0
2022	0	715 489	1 167 734	1 162 154	0
2021	0	613 649	1 412 404	1 406 968	0
2020	0	516 957	1 481 773	1 479 019	0
2019	0	509 452	1 478 804	1 362 062	0
2018	—	—	—	—	151
2017	—	—	—	—	146
2016	—	—	—	—	0
2015	—	—	—	—	0
2014	—	—	—	—	0
2013	—	—	—	—	0
2012	—	—	—	—	0
2008	—	—	—	—	0
2006	—	—	—	—	0
2005	—	—	—	—	0

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

Return on equity (ROE)

212.6 %

Net profit / equity

Return on assets (ROA)

211.7 %

Net profit / assets

Equity ratio

99.5 %

Equity / assets

Debt ratio

0.5 %

Liabilities / assets

Current ratio

135.90

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	2 Mar 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	9 May 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	22 Apr 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	5 Apr 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Apr 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Apr 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Apr 2020	Consolidated · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 27 Sep 2017
Igor Fedotov
Board member · since 9 Apr 2015
Kaido Kepp
Board member · since 8 Oct 2018
Kaido Konsap
Board member · since 9 Sep 2019
Marko Veerberk
Board member · since 14 Aug 2024

Right of representation

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

Owners

No owner information.

Owner in

OÜ Hõlp
99%

Beneficial owners

Ante Banovac
Member of a senior management body (management or supervisory board) · AUT · since 13 Apr 2023
Georg Neubrand
Member of a senior management body (management or supervisory board) · AUT · since 14 Apr 2022
Georg Winter
Member of a senior management body (management or supervisory board) · AUT · since 14 Apr 2022
Igor Fedotov
Member of a senior management body (management or supervisory board) · since 13 Apr 2022

Founders and other persons

Comdirect OÜ
Founder · 40 000 € · 28 Oct 2004
Grant Thornton Baltic OÜ
Audit firm · 28 Apr 2022
Ante Banovac
Chairman of the supervisory board · 1 Jul 2025
Kaido Tropp
Supervisory board member · 1 Jul 2025
Kristjan Värton
Supervisory board member · 1 Jul 2025
Jonathan Tobias Höh
Supervisory board member · 31 Dec 2025
Omanikukonto: GrECo International Holding AG
Shareholder · 32 296 € · 16 Aug 2023
Omanikukonto: Indium OÜ
Shareholder · 6 424 € · 16 Aug 2023
Omanikukonto: OÜ Ilo Veli
Shareholder · 6 422 € · 16 Aug 2023
Omanikukonto: IF Holding OÜ
Shareholder · 11 263 € · 17 May 2024
Omanikukonto: Somel Varahaldus OÜ
Shareholder · 6 422 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

64991Other financial service activities n.e.c., except insurance and pension funding Main

Rulings 60

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10083911 / 42 14 Aug 2024	Amendment entry		In force 14 Aug 2024	PDF
Ä 10083911 / M18 17 Jul 2024	Ruling to eliminate deficiencies	16 Sep 2024	Deficiencies eliminated 14 Aug 2024	PDF
Ä 10083911 / M17 3 Jun 2024	Ruling to correct data outside an entry	17 Jun 2024	In force 3 Jun 2024	PDF
Ä 10083911 / 41 15 Nov 2022	Amendment entry		In force 15 Nov 2022	PDF
Ä 10083911 / 40 5 Jul 2022	Amendment entry		In force 5 Jul 2022	PDF
Ä 10083911 / M16 27 Jun 2022	Ruling to eliminate deficiencies	16 Aug 2022	Deficiencies eliminated 5 Jul 2022	PDF
Ä 10083911 / 39 10 Dec 2021	Amendment entry		In force 10 Dec 2021	PDF
Ä 10083911 / 38 26 Aug 2021	Entry refused		In force 11 Sep 2021	PDF
Ä 10083911 / 37 9 Dec 2020	Amendment entry		In force 9 Dec 2020	PDF
Ä 10083911 / 36 9 Sep 2019	Amendment entry		In force 9 Sep 2019	PDF
Ä 10083911 / M15 23 Aug 2019	Ruling to eliminate deficiencies	7 Sep 2019	Deficiencies eliminated 2 Sep 2019	PDF
Ä 10083911 / M14 5 Aug 2019	Ruling to eliminate deficiencies	4 Sep 2019	Deficiencies eliminated 9 Sep 2019	PDF
Ä 10083911 / M13 12 Jul 2019	Ruling to eliminate deficiencies	1 Aug 2019	Deficiencies eliminated 9 Sep 2019	PDF
Ä 10083911 / 35 14 Feb 2019	Amendment under Commercial Code § 525 (2)		In force 14 Feb 2019	PDF
Ä 10083911 / 34 8 Oct 2018	Amendment entry		In force 8 Oct 2018	PDF
Ä 10083911 / M12 24 Sep 2018	Ruling to eliminate deficiencies	24 Oct 2018	Deficiencies eliminated 5 Oct 2018	PDF
Ä 10083911 / 33 21 Sep 2018	Amendment entry		In force 21 Sep 2018	PDF
Ä 10083911 / M11 11 Sep 2018	Ruling to eliminate deficiencies	11 Oct 2018	Deficiencies eliminated 21 Sep 2018	PDF
Ä 10083911 / 32 20 Apr 2018	Amendment entry		In force 20 Apr 2018	PDF
Ä 10083911 / 31 13 Apr 2018	Amendment entry		In force 13 Apr 2018	PDF
Ä 10083911 / 30 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10083911 / 29 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10083911 / 28 27 Sep 2017	Amendment entry		In force 27 Sep 2017	PDF
Ä 10083911 / 27 14 Sep 2016	Amendment entry		In force 14 Sep 2016	PDF
Ä 10083911 / M10 18 Jul 2016	Ruling to correct data outside an entry	17 Aug 2016	In force 18 Jul 2016	PDF
Ä 10083911 / 26 13 Jan 2016	Amendment entry		In force 13 Jan 2016	PDF
Ä 10083911 / M9 4 Jan 2016	Ruling to eliminate deficiencies	24 Jan 2016	Deficiencies eliminated 13 Jan 2016	PDF
Ä 10083911 / 25 15 Sep 2015	Second (constitutive) merger entry		In force 15 Sep 2015	PDF
Ä 10083911 / 24 28 Aug 2015	Second (constitutive) merger entry		In force 28 Aug 2015	PDF
K 10083911 / 23 24 Apr 2015	Commercial pledge deleted		In force 24 Apr 2015	PDF
K 10083911 / 22 24 Apr 2015	Commercial pledge deleted		In force 24 Apr 2015	PDF
K 10083911 / 21 24 Apr 2015	Commercial pledge deleted		In force 24 Apr 2015	PDF
Ä 10083911 / 20 9 Apr 2015	Amendment entry		In force 9 Apr 2015	PDF
Ä 10083911 / 19 10 Dec 2014	Third (informative) division entry		In force 10 Dec 2014	PDF
Ä 10083911 / 18 10 Dec 2014	First (declaratory) division entry		In force 10 Dec 2014	PDF
K 10083911 / 17 3 Jun 2014	Commercial pledge amended		In force 3 Jun 2014	PDF
Ä 10083911 / 16 7 Feb 2014	Amendment entry		In force 7 Feb 2014	PDF
Ä 10083911 / M8 28 Jan 2014	Ruling to eliminate deficiencies	27 Feb 2014	Deficiencies eliminated 7 Feb 2014	PDF
Ä 10083911 / 12 2 Dec 2013	Second (constitutive) merger entry		In force 2 Dec 2013	PDF
K 10083911 / 15 2 Dec 2013	Commercial pledge entered		In force 2 Dec 2013	PDF
K 10083911 / 14 2 Dec 2013	Commercial pledge entered		In force 2 Dec 2013	PDF
K 10083911 / 13 2 Dec 2013	Commercial pledge entered		In force 2 Dec 2013	PDF
Ä 10083911 / M7 28 Oct 2013	Ruling to eliminate deficiencies	17 Nov 2013	In force 28 Oct 2013	PDF
Ä 10083911 / 11 22 Aug 2012	Amendment entry		In force 22 Aug 2012	PDF
Ä 10083911 / 10 11 Jul 2011	Amendment entry		In force 11 Jul 2011	PDF
Ä 10083911 / 9 9 Mar 2011	Amendment entry		In force 9 Mar 2011	PDF
Ä 83911 / 8 30 Oct 2009	Amendment under Commercial Code § 525 (2)		In force 30 Oct 2009	PDF
Ä 83911 / 7 27 May 2009	Amendment entry		In force 28 May 2009	PDF
Ä 83911 / M6 27 Apr 2009	Ruling to eliminate deficiencies	11 May 2009	In force 27 Apr 2009	PDF
Ä 83911 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 83911 / 5 9 Sep 2008	Transformation entry without a new registry card		In force 9 Sep 2008	PDF
Ä 83911 / M5 22 Aug 2008	Ruling to eliminate deficiencies (to be served)		In force 22 Aug 2008	PDF
Ä 83911 / 4 10 Jun 2008	Note on registration of shares in the Estonian central register of securities		In force 10 Jun 2008	PDF
Ä 83911 / M4 5 Oct 2006	Fine for not filing the report	22 Nov 2006	Deficiencies eliminated 21 Oct 2006	PDF
Ä 83911 / M3 5 Oct 2006	Fine for not filing the report	8 Feb 2007	In force 9 Jan 2007	PDF
Ä 83911 / M2 5 Oct 2006	Fine for not filing the report	22 Nov 2006	Deficiencies eliminated 21 Oct 2006	PDF
Ä 83911 / M1 5 Oct 2006	Fine for not filing the report	29 Nov 2006	In force 28 Oct 2006	PDF
Ä 83911 / 3 27 Jun 2006	Amendment entry		In force 27 Jun 2006	PDF
Ä 83911 / 2 17 Dec 2004	Amendment entry		In force	PDF
Ä 83911 28 Oct 2004	First entry		In force	PDF

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

GrECo Baltic Holding AS

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

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 60