Groundfirst OÜ

Active Registry code 12080984 OÜ Tallinn Registered 28 Mar 2011
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Groundfirst OÜ is a OÜ based in Tallinn, registry code 12080984, status: active. Main activity: Rental and operating of own or leased real estate. Its annual report for 2025 shows revenue of €0 and 0 employees.

Turnover
—
State taxes
419 €
↑ 0.0% vs Q4 2025
Labour taxes
0 €
Employees
—

Q1 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

  • Revenue · 2025 0 €
    industry median 13 620 € · companies in the industry: 30 470

Taxes and turnover

Q1 2022 – Q1 2026
State taxes, € Q1 2026: 419 € · +0.0% vs Q4 2025
0100200300400500Q1 2022 Company: 351 €Q1·22Q4 2022 Company: 351 €Q4·22Q1 2023 Company: 351 €Q1·23Q4 2023 Company: 351 €Q4·23Q2 2024 Company: 386 €Q2·24Q4 2024 Company: 386 €Q4·24Q1 2025 Company: 419 €Q1·25Q4 2025 Company: 419 €Q4·25Q1 2026 Company: 419 €Q1·260100200300400500Q4 2022 Company: 351 €Q1 2023 Company: 351 €Q1·23Q4 2023 Company: 351 €Q2 2024 Company: 386 €Q2·24Q4 2024 Company: 386 €Q1 2025 Company: 419 €Q1·25Q4 2025 Company: 419 €Q1 2026 Company: 419 €Q1·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2026 — 419 — —
Q4 2025 — 419 — —
Q1 2025 — 419 — —
Q4 2024 — 386 — —
Q2 2024 — 386 — —
Q4 2023 — 351 — —
Q1 2023 — 351 — —
Q4 2022 — 351 — —
Q1 2022 — 351 — —

Financials by year

2016 – 2025
Revenue, € 2025: 0 € · industry median 13 620 € · above 5% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 37 940 € Industry median: 10 800 €20192020 Company: 32 340 € Industry median: 10 584 €20202021 Company: 38 220 € Industry median: 11 161 €20212022 Company: 8 820 € Industry median: 11 789 €20222023 Company: 0 € Industry median: 12 225 €20232024 Company: 0 € Industry median: 12 853 €20242025 Company: 0 € Industry median: 13 620 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 37 940 € Industry median: 10 800 €20192020 Company: 32 340 € Industry median: 10 584 €2021 Company: 38 220 € Industry median: 11 161 €20212022 Company: 8 820 € Industry median: 11 789 €2023 Company: 0 € Industry median: 12 225 €20232024 Company: 0 € Industry median: 12 853 €2025 Company: 0 € Industry median: 13 620 €2025
  • 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, € thousand 2025: -855 791 € · −2 717.3% vs 2024 · industry median 283 € · above 2% of the industry
-1 000-750-500-25002505002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -72 497 € Industry median: 205 €20192020 Company: -39 234 € Industry median: 175 €20202021 Company: 349 640 € Industry median: 250 €20212022 Company: -431 432 € Industry median: 162 €20222023 Company: 26 609 € Industry median: 154 €20232024 Company: 32 698 € Industry median: 256 €20242025 Company: -855 791 € Industry median: 283 €2025-1 000-750-500-25002505002018 Company: — Industry median: —2019 Company: -72 497 € Industry median: 205 €20192020 Company: -39 234 € Industry median: 175 €2021 Company: 349 640 € Industry median: 250 €20212022 Company: -431 432 € Industry median: 162 €2023 Company: 26 609 € Industry median: 154 €20232024 Company: 32 698 € Industry median: 256 €2025 Company: -855 791 € Industry median: 283 €2025
  • 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, % 2022: -4 891.5 % · −5 806.3 pp vs the year before · industry median 5.9 % · above 2% of the industry
-6 000-4 000-2 00002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -191.1 % Industry median: 5.7 %20192020 Company: -121.3 % Industry median: 5.6 %20202021 Company: 914.8 % Industry median: 7.4 %20212022 Company: -4 891.5 % Industry median: 5.9 %20222023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 6.0 %20242025 Company: — Industry median: 5.9 %2025-6 000-4 000-2 00002 0002018 Company: — Industry median: —2019 Company: -191.1 % Industry median: 5.7 %20192020 Company: -121.3 % Industry median: 5.6 %2021 Company: 914.8 % Industry median: 7.4 %20212022 Company: -4 891.5 % Industry median: 5.9 %2023 Company: — Industry median: 5.2 %20232024 Company: — Industry median: 6.0 %2025 Company: — Industry median: 5.9 %2025
  • 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: 533 098 € · −73.9% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 284 358 €20192020 Company: 1 436 142 €20202021 Company: 2 375 501 €20212022 Company: 1 961 982 €20222023 Company: 2 004 405 €20232024 Company: 2 040 373 €20242025 Company: 533 098 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 1 284 358 €20192020 Company: 1 436 142 €2021 Company: 2 375 501 €20212022 Company: 1 961 982 €2023 Company: 2 004 405 €20232024 Company: 2 040 373 €2025 Company: 533 098 €2025
Equity, € thousand 2025: -249 410 € · −141.1% vs 2024
-50005001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 272 621 €20192020 Company: 1 233 387 €20202021 Company: 978 506 €20212022 Company: 547 074 €20222023 Company: 573 683 €20232024 Company: 606 381 €20242025 Company: -249 410 €2025-50005001 0001 5002018 Company: —2019 Company: 1 272 621 €20192020 Company: 1 233 387 €2021 Company: 978 506 €20212022 Company: 547 074 €2023 Company: 573 683 €20232024 Company: 606 381 €2025 Company: -249 410 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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, € Labour costs, € Assets, € Equity, € Employees
2025 0 -855 791 0 533 098 -249 410 0
2024 0 32 698 0 2 040 373 606 381 0
2023 0 26 609 0 2 004 405 573 683 0
2022 8 820 -431 432 0 1 961 982 547 074 0
2021 38 220 349 640 — 2 375 501 978 506 0
2020 32 340 -39 234 — 1 436 142 1 233 387 0
2019 37 940 -72 497 — 1 284 358 1 272 621 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
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

Return on assets (ROA)
-160.5 %
Net profit / assets
Equity ratio
-46.8 %
Equity / assets
Debt ratio
146.8 %
Liabilities / assets
Current ratio
0.07
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 11 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 19 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 13 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 25 May 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 26 Mar 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Heikki Saar
    Member of a senior management body (management or supervisory board) · since 20 Oct 2026

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 68201Rental and operating of own or leased real estate Main

Rulings 17

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10154404 / 15
20 Oct 2026
 Amendment entry In force
20 Oct 2026
 PDF
Ä 10154404 / 14
13 Oct 2026
 Amendment entry In force
13 Oct 2026
 PDF
Ä 10154404 / 13
7 Aug 2026
 Amendment entry In force
7 Aug 2026
 PDF
Ä 10154404 / 12
22 Nov 2024
 Amendment entry In force
22 Nov 2024
 PDF
Ä 10154404 / 11
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 10154404 / 10
28 Mar 2022
 Second (constitutive) merger entry In force
28 Mar 2022
 PDF
Ä 10154404 / M2
26 Mar 2022
 Ruling to eliminate deficiencies 9 Apr 2022 Deficiencies eliminated
28 Mar 2022
 PDF
Ä 10154404 / 9
23 Aug 2019
 Amendment under Commercial Code § 525 (2) In force
23 Aug 2019
 PDF
Ä 10154404 / 8
25 May 2018
 Amendment entry In force
25 May 2018
 PDF
Ä 10154404 / 7
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 10154404 / 6
7 Sep 2017
 Amendment under Commercial Code § 525 (2) In force
7 Sep 2017
 PDF
Ä 10154404 / 5
31 Aug 2016
 Amendment entry In force
31 Aug 2016
 PDF
Ä 10154404 / 4
28 Jul 2014
 Amendment entry In force
28 Jul 2014
 PDF
Ä 10154404 / M1
10 Jul 2014
 Procedural ruling 9 Aug 2014 Deficiencies eliminated
25 Jul 2014
 PDF
Ä 10154404 / 3
8 Jul 2014
 Amendment entry In force
8 Jul 2014
 PDF
Ä 10154404 / 2
27 May 2011
 Amendment entry In force
27 May 2011
 PDF
Ä 10154404
28 Mar 2011
 First entry In force
28 Mar 2011
 PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data