Gerlet OÜ

Active Registry code 12058861 OÜ Papsaare küla Registered 10 Feb 2011

Gerlet OÜ is a OÜ based in Papsaare küla, registry code 12058861, status: active. Main activity: Other non-specialised retail sale. According to EMTA, turnover for Q3 2026 was €87 604 with employees.

Turnover

87 604 €

↑ 7.2% vs Q2 2026

State taxes

15 053 €

↑ 8.4% vs Q2 2026

Labour taxes

2 993 €

↑ 0.0% vs Q2 2026

Employees

—

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

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 87 604 €

above 74% of companies

industry median 23 652 € · companies in the industry: 7 652
Revenue · 2025 212 885 €

above 82% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 0.9 %

above 47% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 87 604 € · +7.2% vs Q2 2026 · industry median 23 652 € · above 74% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 15 053 € · +8.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	87 604	15 053	2 993	—
Q2 2026	81 735	13 882	2 993	—
Q1 2026	69 238	12 990	3 013	—
Q4 2025	103 153	17 445	3 054	—
Q3 2025	76 389	12 467	3 054	—
Q2 2025	67 115	11 074	3 054	—
Q1 2025	93 456	13 644	3 035	—
Q4 2024	127 728	18 966	2 997	—
Q3 2024	81 931	12 492	2 997	—
Q2 2024	79 923	11 947	2 997	—
Q1 2024	84 277	12 535	2 997	—
Q4 2023	139 271	16 607	2 997	—
Q3 2023	84 477	11 344	2 997	—
Q2 2023	100 194	12 847	2 997	—
Q1 2023	98 473	12 996	3 120	—
Q4 2022	129 684	15 775	3 182	—
Q3 2022	109 684	15 653	3 286	—
Q2 2022	110 825	13 478	2 893	—
Q1 2022	108 821	12 948	2 893	—

Financials by year

2016 – 2025

Revenue, € thousand 2025: 212 885 € · −17.1% vs 2024 · industry median 16 974 € · above 82% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 1 943 € · −84.9% vs 2024 · industry median 0 € · above 72% of the industry

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: 0.9 % · −4.1 pp vs the year before · industry median 1.3 % · above 47% of the industry

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: 153 774 € · −7.1% vs 2024

Equity, € thousand 2025: 138 503 € · +1.4% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

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	212 885	1 943	34 383	153 774	138 503	2
2024	256 686	12 878	32 674	165 453	136 560	2
2023	274 333	19 084	34 126	166 094	123 682	2
2022	282 874	25 802	32 538	135 374	104 597	2
2021	281 512	29 915	45 941	120 292	78 795	3
2020	257 723	11 480	31 901	88 331	48 880	3
2019	235 515	11 965	27 586	74 687	38 916	2
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	3
2015	—	—	—	—	—	1
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	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

Net profit margin

0.9 %

Net profit / revenue

Return on equity (ROE)

1.4 %

Net profit / equity

Return on assets (ROA)

1.3 %

Net profit / assets

Equity ratio

90.1 %

Equity / assets

Debt ratio

9.9 %

Liabilities / assets

Current ratio

9.92

Current assets / current liabilities

Revenue per employee

106 443 €

Revenue / average full-time employees

Labour cost per employee per month

1 433 €

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	25 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	7 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	8 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Jun 2020	Company’s own	e-Äriregister

Board

Gerli Kutan
Board member · since 10 Feb 2011
Aivo Nurmik
Board member · since 18 Feb 2014

Right of representation

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

Owners

Aivo Nurmik
Natural person · 2 500 €

100%

Beneficial owners

Aivo Nurmik
Direct ownership · since 7 Sep 2018

Founders and other persons

Gerli Kutan
Founder · 2 500 € · 8 Feb 2011

Activities (EMTAK)

47121Other non-specialised retail sale Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 30045406 / 8 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 30045406 / 7 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 30045406 / 6 11 Dec 2017	Amendment entry	In force 11 Dec 2017	PDF
Ä 30045406 / 5 1 Dec 2017	Amendment entry	In force 1 Dec 2017	PDF
Ä 30045406 / 4 3 Nov 2015	Amendment entry	In force 3 Nov 2015	PDF
Ä 30045406 / 3 9 Jul 2014	Amendment entry	In force 9 Jul 2014	PDF
Ä 30045406 / 2 18 Feb 2014	Amendment entry	In force 18 Feb 2014	PDF
Ä 30045406 10 Feb 2011	First entry	In force 10 Feb 2011	PDF
Ä 30045406 / M1 9 Feb 2011	Ruling to eliminate deficiencies	In force 9 Feb 2011	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data