GL Furniture OÜ

Active Registry code 11988836 OÜ Paekna küla Registered 7 Sep 2010

GL Furniture OÜ is a OÜ based in Paekna küla, registry code 11988836, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €1 882 with 1 employees.

Turnover

1 882 €

↓ 45.2% vs Q2 2026

State taxes

0 €

↓ 100.0% vs Q2 2026

Labour taxes

0 €

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 1 882 €

above 15% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 0 €

above 2% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 11 191 €

above 46% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 1.3 %

above 40% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 1 882 € · −45.2% vs Q2 2026 · industry median 15 030 € · above 15% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 0 € · industry median 857 € · above 2% of the industry

Company
Industry median

Industry: Real estate activities (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

State taxes, € Q3 2026: 0 € · −100.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 882	—	—	1
Q2 2026	3 436	443	—	1
Q1 2026	1 437	—	—	1
Q4 2025	-291	—	—	1
Q3 2025	3 408	128	—	1
Q2 2025	4 482	320	—	1
Q1 2025	4 343	381	—	1
Q4 2024	3 519	—	—	1
Q3 2024	3 481	106	—	1
Q2 2024	3 453	63	—	1
Q1 2024	21 220	59	—	1
Q4 2023	4 349	172	—	1
Q3 2023	2 880	—	—	1
Q2 2023	900	—	—	1
Q1 2023	6 225	—	—	1
Q4 2022	6 912	—	—	1
Q3 2022	1 460	—	—	1
Q2 2022	18 064	—	—	1
Q1 2022	27 993	—	—	1

Labour taxes per employee per month

0 €

Turnover per employee in the quarter

1 882 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 11 191 € · −65.0% vs 2024 · industry median 13 620 € · above 46% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 147 € · +72.9% vs 2024 · industry median 283 € · above 47% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.3 % · +1.0 pp vs the year before · industry median 5.9 % · above 40% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 105 338 € · −15.3% vs 2024

Equity, € 2025: 2 920 € · +5.3% vs 2024

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

Company
Industry median

Industry: Real estate activities (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, €
2025	11 191	147	105 338	2 920
2024	31 998	85	124 378	2 773
2023	10 816	-4 052	118 007	2 688
2022	40 835	15 335	109 048	6 740
2021	29 572	-11 254	174 254	-8 595
2020	133 282	-8 673	75 072	2 659
2019	157 355	1 027	70 198	11 332
2018	—	—	—	—
2017	—	—	—	—
2016	—	—	—	—
2015	—	—	—	—
2014	—	—	—	—
2013	—	—	—	—
2012	—	—	—	—
2011	—	—	—	—

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

1.3 %

Net profit / revenue

Return on equity (ROE)

5.0 %

Net profit / equity

Return on assets (ROA)

0.1 %

Net profit / assets

Equity ratio

2.8 %

Equity / assets

Debt ratio

97.2 %

Liabilities / assets

Current ratio

0.61

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 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	28 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	12 Jan 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Oct 2020	Company’s own	e-Äriregister

Board

Mihkel Laks
Board member · since 20 Jun 2014

Right of representation

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

Owners

Airi Laks
Natural person · 2 556 €

100%

Beneficial owners

Airi Laks
Direct ownership · since 30 Oct 2018
Mihkel Laks
Direct ownership · since 30 Oct 2018

Founders and other persons

Airi Ilves
Founder · 40 000 € · 6 Sep 2010

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10147435 / 9 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 10147435 / 8 1 Nov 2021	Amendment entry		In force 1 Nov 2021	PDF
Ä 10147435 / 7 19 Sep 2018	Amendment entry		In force 19 Sep 2018	PDF
Ä 10147435 / M3 17 Sep 2018	Ruling to eliminate deficiencies	17 Oct 2018	Deficiencies eliminated 19 Sep 2018	PDF
Ä 10147435 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10147435 / 5 1 Dec 2017	Amendment entry		In force 1 Dec 2017	PDF
Ä 10147435 / 4 13 Jul 2016	Amendment entry		In force 13 Jul 2016	PDF
Ä 10147435 / M2 23 Feb 2016	Warning of deletion from the register: annual report not filed	26 Aug 2016	Deficiencies eliminated 26 Jun 2016	PDF
Ä 10147435 / 3 20 Jun 2014	Amendment entry		In force 20 Jun 2014	PDF
Ä 10147435 / M1 16 Jun 2014	Warning of deletion from the register: annual report not filed	13 Dec 2014	Deficiencies eliminated 29 Aug 2014	PDF
Ä 10147435 / 2 4 Jan 2012	Amendment entry		In force 4 Jan 2012	PDF
Ä 10147435 7 Sep 2010	First entry		In force 7 Sep 2010	PDF

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

GL Furniture OÜ

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 12