Grow Finance OÜ
Active Registry code 11627587
OÜ Tallinn Registered 13 Apr 2009
Grow Finance OÜ is a OÜ based in Tallinn, registry code 11627587, status: active. Main activity: Bookkeeping, tax consulting. According to EMTA, turnover for Q3 2026 was €1 072 169 with 55 employees.
Turnover
1 072 169 €
↓ 0.4% vs Q2 2026
State taxes
425 685 €
↑ 15.3% vs Q2 2026
Labour taxes
253 114 €
↑ 12.4% vs Q2 2026
Employees
55
+5 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.1 mn €above 98% of companiesindustry median 9 740 € · companies in the industry: 3 327
- Labour taxes per employee 4 602 €above 95% of companiesindustry median 1 122 € · companies in the industry: 3 120
- Revenue · 2025 3.3 mn €above 98% of companiesindustry median 12 784 € · companies in the industry: 8 416
- Net profit margin · 2025 7.7 %above 39% of companiesindustry median 14.8 % · companies in the industry: 6 880
Taxes and turnover
- Company
- Industry median
Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Legal and accounting activities (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 | 1 072 169 | 425 685 | 253 114 | 55 |
| Q2 2026 | 1 076 221 | 369 069 | 225 120 | 50 |
| Q1 2026 | 971 153 | 367 325 | 221 626 | 47 |
| Q4 2025 | 907 309 | 359 425 | 226 106 | 48 |
| Q3 2025 | 770 530 | 328 642 | 202 216 | 50 |
| Q2 2025 | 822 158 | 303 338 | 210 843 | 50 |
| Q1 2025 | 806 083 | 335 132 | 202 100 | 52 |
| Q4 2024 | 749 797 | 277 578 | 191 862 | 52 |
| Q3 2024 | 789 520 | 252 538 | 161 015 | 52 |
| Q2 2024 | 839 886 | 228 368 | 148 329 | 47 |
| Q1 2024 | 715 251 | 229 605 | 138 736 | 43 |
| Q4 2023 | 621 602 | 197 468 | 123 701 | 45 |
| Q3 2023 | 592 318 | 252 741 | 138 716 | 45 |
| Q2 2023 | 631 153 | 259 988 | 131 741 | 42 |
| Q1 2023 | 582 684 | 204 400 | 130 818 | 43 |
| Q4 2022 | 552 135 | 207 268 | 138 705 | 43 |
| Q3 2022 | 588 848 | 226 912 | 137 979 | 45 |
| Q2 2022 | 596 064 | 202 461 | 118 262 | 43 |
| Q1 2022 | 529 925 | 177 938 | 109 082 | 40 |
Labour taxes per employee per month
1 534 €
Turnover per employee in the quarter
19 494 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Legal and accounting activities (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 | 3 316 926 | 255 451 | 1 980 613 | 900 499 | 261 135 | 41 |
| 2024 | 3 112 473 | 371 431 | 1 629 853 | 951 965 | 451 830 | 40 |
| 2023 | 2 436 393 | 328 115 | 1 271 081 | 729 610 | 338 888 | 33 |
| 2022 | 2 267 620 | 327 959 | 1 242 138 | 586 120 | 360 773 | 33 |
| 2021 | 1 472 331 | 124 738 | 898 137 | 413 989 | 129 715 | 27 |
| 2020 | 1 070 380 | 60 203 | 629 588 | 307 587 | 75 433 | 19 |
| 2019 | 940 134 | 45 571 | 585 418 | 383 843 | 65 220 | 19 |
| 2018 | — | — | — | — | — | 16 |
| 2017 | — | — | — | — | — | 11 |
| 2016 | — | — | — | — | — | 9 |
| 2015 | — | — | — | — | — | 6 |
| 2014 | — | — | — | — | — | 9 |
| 2013 | — | — | — | — | — | 10 |
| 2012 | — | — | — | — | — | 10 |
| 2011 | — | — | — | — | — | 6 |
| 2010 | — | — | — | — | — | 6 |
| 2009 | — | — | — | — | — | 3 |
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
7.7 %
Net profit / revenue
Return on equity (ROE)
97.8 %
Net profit / equity
Return on assets (ROA)
28.4 %
Net profit / assets
Equity ratio
29.0 %
Equity / assets
Debt ratio
71.0 %
Liabilities / assets
Current ratio
0.86
Current assets / current liabilities
Revenue per employee
80 901 €
Revenue / average full-time employees
Labour cost per employee per month
4 026 €
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 | 17 Mar 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 22 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 Oct 2020 | Company’s own | e-Äriregister |
Board
- Ulvi TalloBoard member · since 13 Apr 2009
- Anna-Liisa OrglaanBoard member · since 26 Apr 2018
- Veiko NüüdBoard member · since 6 Aug 2019
- Helari PallasBoard member · since 23 Sep 2021
- Alari OssaBoard member · since 5 Jun 2025
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- HP Investments OÜLegal person · 12382308 · 1 944 €
- OÜ GROW CAPITAL MANAGEMENTLegal person · 10676448 · 1 944 €
- OÜ FpspvLegal person · 17235204 · 853 €
- Anna-Liisa OrglaanNatural person · 440 €
- Veiko NüüdNatural person · 69 €
Owner in
- 100%
- 100%
- 100%
- 100%
- 100%
- 100%
Beneficial owners
- Helari PallasIndirect ownership · since 13 May 2022
- Ulvi TalloIndirect ownership · since 6 Sep 2018
Founders and other persons
- Financial Service Company OÜFounder · 19 600 € · 13 Apr 2009
- Osaühing GROW FINANCEFounder · 20 400 € · 13 Apr 2009
- Alar HeinasteAudit firm · 12 Feb 2025
Related companies
Activities (EMTAK)
- 69202Bookkeeping, tax consulting Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10128043 / 21 13 Oct 2026 |
Amendment entry | In force 13 Oct 2026 |
||
| Ä 10128043 / 20 11 Aug 2026 |
Amendment entry | In force 11 Aug 2026 |
||
| Ä 10128043 / 19 5 Jun 2025 |
Amendment entry | In force 5 Jun 2025 |
||
| Ä 10128043 / 18 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 10128043 / 17 13 May 2022 |
Amendment entry | In force 13 May 2022 |
||
| Ä 10128043 / 16 12 Oct 2021 |
Amendment entry | In force 12 Oct 2021 |
||
| Ä 10128043 / M2 23 Sep 2021 |
Ruling to eliminate deficiencies | 23 Oct 2021 | Deficiencies eliminated 12 Oct 2021 |
|
| Ä 10128043 / 15 23 Sep 2021 |
Amendment entry | In force 23 Sep 2021 |
||
| Ä 10128043 / 14 15 Sep 2021 |
Amendment entry | In force 15 Sep 2021 |
||
| Ä 10128043 / 13 10 Sep 2021 |
Amendment entry | In force 10 Sep 2021 |
||
| Ä 10128043 / 12 6 Aug 2019 |
Amendment entry | In force 6 Aug 2019 |
||
| Ä 10128043 / 11 19 Feb 2019 |
Amendment entry | In force 19 Feb 2019 |
||
| Ä 10128043 / 10 26 Apr 2018 |
Amendment entry | In force 26 Apr 2018 |
||
| Ä 10128043 / 9 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10128043 / 8 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10128043 / 7 31 Aug 2016 |
Amendment entry | In force 31 Aug 2016 |
||
| Ä 10128043 / 6 25 Nov 2014 |
Amendment entry | In force 25 Nov 2014 |
||
| Ä 10128043 / M1 19 Nov 2014 |
Ruling to eliminate deficiencies | 19 Dec 2014 | Deficiencies eliminated 19 Nov 2014 |
|
| Ä 10128043 / 5 29 Sep 2014 |
Amendment entry | In force 29 Sep 2014 |
||
| Ä 10128043 / 4 30 Aug 2012 |
Amendment entry | In force 30 Aug 2012 |
||
| Ä 10128043 / 3 2 May 2012 |
Amendment entry | In force 2 May 2012 |
||
| Ä 10128043 / 2 12 Dec 2011 |
Amendment entry | In force 12 Dec 2011 |
||
| Ä 128043 13 Apr 2009 |
First entry | In force 13 Apr 2009 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data