Grenardi Estonia OÜ

Active Registry code 11518421 OÜ Tallinn Registered 23 Jul 2008
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Grenardi Estonia OÜ is a OÜ based in Tallinn, registry code 11518421, status: active. Main activity: Retail sale of watches and jewellery. According to EMTA, turnover for Q3 2026 was €1 043 073 with 8 employees.

Turnover
1 043 073 €
↑ 9.3% vs Q2 2026
State taxes
111 530 €
↑ 31.5% vs Q2 2026
Labour taxes
24 665 €
↑ 18.2% vs Q2 2026
Employees
8
±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 1 mn €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 3 083 €
    industry median 1 201 € · companies in the industry: 4 663
  • Revenue · 2025 1.9 mn €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 -6.8 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 043 073 € · +9.3% vs Q2 2026 · industry median 23 652 € · above 95% of the industry
02505007501 0001 250Q4 2023 Company: 872 041 € Industry median: 26 822 €Q4·23Q1 2024 Company: 1 117 118 € Industry median: 23 246 €Q2 2024 Company: 590 194 € Industry median: 26 103 €Q2·24Q3 2024 Company: 738 572 € Industry median: 24 905 €Q4 2024 Company: 766 059 € Industry median: 25 283 €Q4·24Q1 2025 Company: 541 018 € Industry median: 21 556 €Q2 2025 Company: 879 131 € Industry median: 24 404 €Q2·25Q3 2025 Company: 307 107 € Industry median: 24 441 €Q4 2025 Company: 701 803 € Industry median: 23 532 €Q4·25Q1 2026 Company: 1 083 065 € Industry median: 20 253 €Q2 2026 Company: 954 204 € Industry median: 23 917 €Q2·26Q3 2026 Company: 1 043 073 € Industry median: 23 652 €Q3·2602505007501 0001 250Q4 2024 Company: 766 059 € Industry median: 25 283 €Q1 2025 Company: 541 018 € Industry median: 21 556 €Q1·25Q2 2025 Company: 879 131 € Industry median: 24 404 €Q3 2025 Company: 307 107 € Industry median: 24 441 €Q3·25Q4 2025 Company: 701 803 € Industry median: 23 532 €Q1 2026 Company: 1 083 065 € Industry median: 20 253 €Q1·26Q2 2026 Company: 954 204 € Industry median: 23 917 €Q3 2026 Company: 1 043 073 € Industry median: 23 652 €Q3·26
  • 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: 3 083 € · +18.2% vs Q2 2026 · industry median 1 201 € · above 89% of the industry
02 0004 0006 000Q4 2023 Company: 3 371 € Industry median: 971 €Q4·23Q1 2024 Company: 5 492 € Industry median: 1 002 €Q2 2024 Company: 3 460 € Industry median: 1 009 €Q2·24Q3 2024 Company: 2 907 € Industry median: 1 048 €Q4 2024 Company: 3 378 € Industry median: 1 053 €Q4·24Q1 2025 Company: 3 424 € Industry median: 1 099 €Q2 2025 Company: 3 050 € Industry median: 1 126 €Q2·25Q3 2025 Company: 3 685 € Industry median: 1 156 €Q4 2025 Company: 3 011 € Industry median: 1 151 €Q4·25Q1 2026 Company: 3 578 € Industry median: 1 116 €Q2 2026 Company: 2 608 € Industry median: 1 131 €Q2·26Q3 2026 Company: 3 083 € Industry median: 1 201 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 378 € Industry median: 1 053 €Q1 2025 Company: 3 424 € Industry median: 1 099 €Q1·25Q2 2025 Company: 3 050 € Industry median: 1 126 €Q3 2025 Company: 3 685 € Industry median: 1 156 €Q3·25Q4 2025 Company: 3 011 € Industry median: 1 151 €Q1 2026 Company: 3 578 € Industry median: 1 116 €Q1·26Q2 2026 Company: 2 608 € Industry median: 1 131 €Q3 2026 Company: 3 083 € Industry median: 1 201 €Q3·26
  • 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: 8 · +0.0% vs Q2 2026
03581013Q4 2023 Company: 11Q4·23Q1 2024 Company: 10Q2 2024 Company: 9Q2·24Q3 2024 Company: 9Q4 2024 Company: 8Q4·24Q1 2025 Company: 8Q2 2025 Company: 8Q2·25Q3 2025 Company: 8Q4 2025 Company: 8Q4·25Q1 2026 Company: 7Q2 2026 Company: 8Q2·26Q3 2026 Company: 8Q3·2602468Q4 2024 Company: 8Q1 2025 Company: 8Q1·25Q2 2025 Company: 8Q3 2025 Company: 8Q3·25Q4 2025 Company: 8Q1 2026 Company: 7Q1·26Q2 2026 Company: 8Q3 2026 Company: 8Q3·26
State taxes, € thousand Q3 2026: 111 530 € · +31.5% vs Q2 2026
050100150200Q4 2023 Company: 151 870 €Q4·23Q1 2024 Company: 155 577 €Q2 2024 Company: 104 454 €Q2·24Q3 2024 Company: 91 966 €Q4 2024 Company: 162 415 €Q4·24Q1 2025 Company: 108 788 €Q2 2025 Company: 84 493 €Q2·25Q3 2025 Company: 124 111 €Q4 2025 Company: 99 888 €Q4·25Q1 2026 Company: 133 463 €Q2 2026 Company: 84 839 €Q2·26Q3 2026 Company: 111 530 €Q3·26050100150200Q4 2024 Company: 162 415 €Q1 2025 Company: 108 788 €Q1·25Q2 2025 Company: 84 493 €Q3 2025 Company: 124 111 €Q3·25Q4 2025 Company: 99 888 €Q1 2026 Company: 133 463 €Q1·26Q2 2026 Company: 84 839 €Q3 2026 Company: 111 530 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 043 073 111 530 24 665 8
Q2 2026 954 204 84 839 20 861 8
Q1 2026 1 083 065 133 463 25 045 7
Q4 2025 701 803 99 888 24 090 8
Q3 2025 307 107 124 111 29 480 8
Q2 2025 879 131 84 493 24 403 8
Q1 2025 541 018 108 788 27 390 8
Q4 2024 766 059 162 415 27 020 8
Q3 2024 738 572 91 966 26 164 9
Q2 2024 590 194 104 454 31 136 9
Q1 2024 1 117 118 155 577 54 915 10
Q4 2023 872 041 151 870 37 078 11
Q3 2023 1 084 659 131 668 36 753 11
Q2 2023 1 106 658 97 148 33 346 10
Q1 2023 977 157 169 719 33 976 8
Q4 2022 700 939 101 833 31 336 8
Q3 2022 595 224 138 807 38 906 9
Q2 2022 1 005 164 108 622 31 930 9
Q1 2022 1 157 477 180 015 31 759 9
Labour taxes per employee per month
1 028 €
Turnover per employee in the quarter
130 384 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 879 842 € · −4.3% vs 2024 · industry median 16 974 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 599 824 € Industry median: 25 000 €20192020 Company: 1 701 757 € Industry median: 21 390 €20202021 Company: 2 029 636 € Industry median: 23 333 €20212022 Company: 2 203 323 € Industry median: 22 891 €20222023 Company: 2 083 317 € Industry median: 20 218 €20232024 Company: 1 965 063 € Industry median: 18 875 €20242025 Company: 1 879 842 € Industry median: 16 974 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 1 599 824 € Industry median: 25 000 €20192020 Company: 1 701 757 € Industry median: 21 390 €2021 Company: 2 029 636 € Industry median: 23 333 €20212022 Company: 2 203 323 € Industry median: 22 891 €2023 Company: 2 083 317 € Industry median: 20 218 €20232024 Company: 1 965 063 € Industry median: 18 875 €2025 Company: 1 879 842 € Industry median: 16 974 €2025
  • 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: -128 634 € · +9.1% vs 2024 · industry median 0 € · above 2% of the industry
-400-20002004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -105 369 € Industry median: 246 €20192020 Company: 136 318 € Industry median: 98 €20202021 Company: -130 512 € Industry median: 245 €20212022 Company: 285 911 € Industry median: 96 €20222023 Company: -302 328 € Industry median: 20 €20232024 Company: -141 581 € Industry median: 0 €20242025 Company: -128 634 € Industry median: 0 €2025-400-20002004002018 Company: — Industry median: —2019 Company: -105 369 € Industry median: 246 €20192020 Company: 136 318 € Industry median: 98 €2021 Company: -130 512 € Industry median: 245 €20212022 Company: 285 911 € Industry median: 96 €2023 Company: -302 328 € Industry median: 20 €20232024 Company: -141 581 € Industry median: 0 €2025 Company: -128 634 € Industry median: 0 €2025
  • 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: -6.8 % · +0.4 pp vs the year before · industry median 1.3 % · above 22% of the industry
-20-10010202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -6.6 % Industry median: 2.6 %20192020 Company: 8.0 % Industry median: 2.7 %20202021 Company: -6.4 % Industry median: 3.3 %20212022 Company: 13.0 % Industry median: 2.8 %20222023 Company: -14.5 % Industry median: 2.2 %20232024 Company: -7.2 % Industry median: 1.5 %20242025 Company: -6.8 % Industry median: 1.3 %2025-20-10010202018 Company: — Industry median: —2019 Company: -6.6 % Industry median: 2.6 %20192020 Company: 8.0 % Industry median: 2.7 %2021 Company: -6.4 % Industry median: 3.3 %20212022 Company: 13.0 % Industry median: 2.8 %2023 Company: -14.5 % Industry median: 2.2 %20232024 Company: -7.2 % Industry median: 1.5 %2025 Company: -6.8 % Industry median: 1.3 %2025
  • 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: 2 358 195 € · −16.2% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 278 917 €20192020 Company: 2 269 200 €20202021 Company: 2 104 936 €20212022 Company: 2 059 210 €20222023 Company: 2 583 875 €20232024 Company: 2 814 612 €20242025 Company: 2 358 195 €202501 0002 0003 0002018 Company: —2019 Company: 2 278 917 €20192020 Company: 2 269 200 €2021 Company: 2 104 936 €20212022 Company: 2 059 210 €2023 Company: 2 583 875 €20232024 Company: 2 814 612 €2025 Company: 2 358 195 €2025
Equity, € thousand 2025: 296 847 € · −30.2% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 928 534 €20192020 Company: 1 906 851 €20202021 Company: 1 359 659 €20212022 Company: 1 367 605 €20222023 Company: 865 276 €20232024 Company: 425 481 €20242025 Company: 296 847 €202505001 0001 5002 0002018 Company: —2019 Company: 1 928 534 €20192020 Company: 1 906 851 €2021 Company: 1 359 659 €20212022 Company: 1 367 605 €2023 Company: 865 276 €20232024 Company: 425 481 €2025 Company: 296 847 €2025
Employees 2025: 8 · +0.0% vs 2024 · industry median 2 · above 88% of the industry
035810132016 Company: 12 Industry median: —20162017 Company: 12 Industry median: —20172018 Company: 12 Industry median: 220182019 Company: 12 Industry median: 220192020 Company: 11 Industry median: 220202021 Company: 9 Industry median: 220212022 Company: 8 Industry median: 220222023 Company: 9 Industry median: 220232024 Company: 8 Industry median: 220242025 Company: 8 Industry median: 22025035810132018 Company: 12 Industry median: 22019 Company: 12 Industry median: 220192020 Company: 11 Industry median: 22021 Company: 9 Industry median: 220212022 Company: 8 Industry median: 22023 Company: 9 Industry median: 220232024 Company: 8 Industry median: 22025 Company: 8 Industry median: 22025
  • 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 1 879 842 -128 634 244 839 2 358 195 296 847 8
2024 1 965 063 -141 581 315 302 2 814 612 425 481 8
2023 2 083 317 -302 328 351 459 2 583 875 865 276 9
2022 2 203 323 285 911 323 426 2 059 210 1 367 605 8
2021 2 029 636 -130 512 245 470 2 104 936 1 359 659 9
2020 1 701 757 136 318 272 716 2 269 200 1 906 851 11
2019 1 599 824 -105 369 276 698 2 278 917 1 928 534 12
2018 — — — — — 12
2017 — — — — — 12
2016 — — — — — 12
2015 — — — — — 12
2014 — — — — — 10
2013 — — — — — 10
2012 — — — — — 10
2011 — — — — — 11
2010 — — — — — 12
2009 — — — — — 12

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
-6.8 %
Net profit / revenue
Return on equity (ROE)
-43.3 %
Net profit / equity
Return on assets (ROA)
-5.5 %
Net profit / assets
Equity ratio
12.6 %
Equity / assets
Debt ratio
87.4 %
Liabilities / assets
Current ratio
3.44
Current assets / current liabilities
Revenue per employee
234 980 €
Revenue / average full-time employees
Labour cost per employee per month
2 550 €
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 6 Mar 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 11 Mar 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 11 Mar 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Apr 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 11 Apr 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 27 Apr 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
4 5 000 000 € Signet Bank AS 29 May 2026 – in force
3 6 250 000 € ZAB VILGERTS SIA 1 Jul 2024 – in force

Board

Right of representation

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

Owners

  • SIA GIVEN Latvia
    Legal person · 2 556 €

Beneficial owners

Founders and other persons

  • SIA Grenardi
    Founder · 40 000 € · 23 Jul 2008
  • Irina Somova
    Audit firm · 10 Jun 2010
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47771Retail sale of watches and jewellery Main
  • 46901Non-specialised wholesale trade
Rulings
Number, date Title Deadline State Document
K 10119976 / 26
6 Oct 2026
Commercial pledge amended In force
6 Oct 2026
PDF
Ä 10119976 / 25
10 Sep 2026
Amendment entry In force
10 Sep 2026
PDF
Ä 10119976 / M4
7 Sep 2026
Ruling to eliminate deficiencies 27 Sep 2026 Deficiencies eliminated
10 Sep 2026
PDF
K 10119976 / 24
29 May 2026
Commercial pledge entered In force
29 May 2026
PDF
Ä 10119976 / 23
28 May 2026
Amendment entry In force
28 May 2026
PDF
Ä 10119976 / M3
22 May 2026
Procedural ruling 5 Jun 2026 Deficiencies eliminated
28 May 2026
PDF
Ä 10119976 / 22
12 May 2026
Amendment entry In force
12 May 2026
PDF
K 10119976 / 21
25 Nov 2024
Commercial pledge amended In force
25 Nov 2024
PDF
K 10119976 / 20
30 Jul 2024
Commercial pledge amended In force
30 Jul 2024
PDF
K 10119976 / 19
30 Jul 2024
Commercial pledge deleted In force
30 Jul 2024
PDF
K 10119976 / 18
1 Jul 2024
Commercial pledge entered In force
1 Jul 2024
PDF
Ä 10119976 / 17
30 May 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
30 May 2024
PDF
Ä 10119976 / 16
30 May 2024
Amendment entry In force
30 May 2024
PDF
Ä 10119976 / 15
15 Jan 2024
Amendment entry In force
15 Jan 2024
PDF
Ä 10119976 / 14
27 Dec 2023
Amendment entry In force
27 Dec 2023
PDF
Ä 10119976 / 13
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
K 10119976 / 12
16 Nov 2021
Commercial pledge entered In force
16 Nov 2021
PDF
K 10119976 / 11
10 Nov 2021
Commercial pledge deleted In force
10 Nov 2021
PDF
Ä 10119976 / 10
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10119976 / 9
14 Dec 2017
Amendment entry In force
14 Dec 2017
PDF
Ä 10119976 / 8
30 Nov 2017
Amendment entry In force
30 Nov 2017
PDF
Ä 10119976 / 7
1 Sep 2016
Amendment entry In force
1 Sep 2016
PDF
Ä 10119976 / M2
2 May 2016
Procedural ruling In force
2 May 2016
PDF
Ä 10119976 / 6
2 Apr 2015
Amendment entry In force
2 Apr 2015
PDF
Ä 10119976 / M1
14 Nov 2012
Ruling to eliminate deficiencies 11 Jan 2013 In force
14 Nov 2012
PDF
Ä 10119976 / 5
14 Nov 2012
Amendment entry In force
14 Nov 2012
PDF
Ä 10119976 / 4
4 Aug 2011
Amendment entry In force
4 Aug 2011
PDF
Ä 119976 / 3
17 Jun 2009
Amendment entry In force
17 Jun 2009
PDF
K 122640
10 Nov 2008
Commercial pledge entered In force
10 Nov 2008
PDF
Ä 119976 / 2
1 Sep 2008
Amendment entry In force
1 Sep 2008
PDF
Ä 119976
23 Jul 2008
First entry In force
23 Jul 2008
PDF

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