GRAND EHITUS OÜ

Active Registry code 12114878 OÜ Tallinn Registered 1 Jun 2011
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GRAND EHITUS OÜ is a OÜ based in Tallinn, registry code 12114878, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €3 423 636 with 16 employees.

Turnover
3 423 636 €
↑ 47.9% vs Q2 2026
State taxes
396 143 €
↑ 267.1% vs Q2 2026
Labour taxes
96 122 €
↑ 15.7% vs Q2 2026
Employees
16
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 3.4 mn €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 6 008 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 14.2 mn €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 2.8 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 423 636 € · +47.9% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 609 239 € Industry median: 26 427 €Q4·23Q1 2024 Company: 2 097 104 € Industry median: 19 618 €Q2 2024 Company: 2 867 747 € Industry median: 21 373 €Q2·24Q3 2024 Company: 3 081 457 € Industry median: 26 160 €Q4 2024 Company: 2 789 618 € Industry median: 25 496 €Q4·24Q1 2025 Company: 2 168 212 € Industry median: 19 568 €Q2 2025 Company: 3 091 871 € Industry median: 22 577 €Q2·25Q3 2025 Company: 4 687 521 € Industry median: 25 533 €Q4 2025 Company: 3 993 419 € Industry median: 25 721 €Q4·25Q1 2026 Company: 3 717 580 € Industry median: 20 483 €Q2 2026 Company: 2 315 280 € Industry median: 22 672 €Q2·26Q3 2026 Company: 3 423 636 € Industry median: 25 252 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 789 618 € Industry median: 25 496 €Q1 2025 Company: 2 168 212 € Industry median: 19 568 €Q1·25Q2 2025 Company: 3 091 871 € Industry median: 22 577 €Q3 2025 Company: 4 687 521 € Industry median: 25 533 €Q3·25Q4 2025 Company: 3 993 419 € Industry median: 25 721 €Q1 2026 Company: 3 717 580 € Industry median: 20 483 €Q1·26Q2 2026 Company: 2 315 280 € Industry median: 22 672 €Q3 2026 Company: 3 423 636 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 008 € · +15.7% vs Q2 2026 · industry median 1 211 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 939 € Industry median: 1 145 €Q4·23Q1 2024 Company: 3 982 € Industry median: 1 097 €Q2 2024 Company: 4 501 € Industry median: 1 083 €Q2·24Q3 2024 Company: 4 325 € Industry median: 1 142 €Q4 2024 Company: 5 137 € Industry median: 1 179 €Q4·24Q1 2025 Company: 5 006 € Industry median: 1 188 €Q2 2025 Company: 4 809 € Industry median: 1 149 €Q2·25Q3 2025 Company: 5 658 € Industry median: 1 208 €Q4 2025 Company: 5 836 € Industry median: 1 254 €Q4·25Q1 2026 Company: 5 669 € Industry median: 1 183 €Q2 2026 Company: 5 192 € Industry median: 1 166 €Q2·26Q3 2026 Company: 6 008 € Industry median: 1 211 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 137 € Industry median: 1 179 €Q1 2025 Company: 5 006 € Industry median: 1 188 €Q1·25Q2 2025 Company: 4 809 € Industry median: 1 149 €Q3 2025 Company: 5 658 € Industry median: 1 208 €Q3·25Q4 2025 Company: 5 836 € Industry median: 1 254 €Q1 2026 Company: 5 669 € Industry median: 1 183 €Q1·26Q2 2026 Company: 5 192 € Industry median: 1 166 €Q3 2026 Company: 6 008 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 16 · +0.0% vs Q2 2026
05101520Q4 2023 Company: 15Q4·23Q1 2024 Company: 16Q2 2024 Company: 16Q2·24Q3 2024 Company: 17Q4 2024 Company: 17Q4·24Q1 2025 Company: 17Q2 2025 Company: 17Q2·25Q3 2025 Company: 16Q4 2025 Company: 16Q4·25Q1 2026 Company: 16Q2 2026 Company: 16Q2·26Q3 2026 Company: 16Q3·2605101520Q4 2024 Company: 17Q1 2025 Company: 17Q1·25Q2 2025 Company: 17Q3 2025 Company: 16Q3·25Q4 2025 Company: 16Q1 2026 Company: 16Q1·26Q2 2026 Company: 16Q3 2026 Company: 16Q3·26
State taxes, € thousand Q3 2026: 396 143 € · +267.1% vs Q2 2026
0100200300400Q4 2023 Company: 140 871 €Q4·23Q1 2024 Company: 130 185 €Q2 2024 Company: 225 981 €Q2·24Q3 2024 Company: 184 947 €Q4 2024 Company: 181 105 €Q4·24Q1 2025 Company: 128 471 €Q2 2025 Company: 192 760 €Q2·25Q3 2025 Company: 354 508 €Q4 2025 Company: 138 977 €Q4·25Q1 2026 Company: 254 123 €Q2 2026 Company: 107 905 €Q2·26Q3 2026 Company: 396 143 €Q3·260100200300400Q4 2024 Company: 181 105 €Q1 2025 Company: 128 471 €Q1·25Q2 2025 Company: 192 760 €Q3 2025 Company: 354 508 €Q3·25Q4 2025 Company: 138 977 €Q1 2026 Company: 254 123 €Q1·26Q2 2026 Company: 107 905 €Q3 2026 Company: 396 143 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 423 636 396 143 96 122 16
Q2 2026 2 315 280 107 905 83 065 16
Q1 2026 3 717 580 254 123 90 698 16
Q4 2025 3 993 419 138 977 93 375 16
Q3 2025 4 687 521 354 508 90 528 16
Q2 2025 3 091 871 192 760 81 755 17
Q1 2025 2 168 212 128 471 85 100 17
Q4 2024 2 789 618 181 105 87 328 17
Q3 2024 3 081 457 184 947 73 522 17
Q2 2024 2 867 747 225 981 72 011 16
Q1 2024 2 097 104 130 185 63 711 16
Q4 2023 3 609 239 140 871 59 088 15
Q3 2023 3 929 235 168 897 56 979 14
Q2 2023 2 577 786 92 122 40 790 13
Q1 2023 1 385 716 99 392 42 413 11
Q4 2022 1 248 909 76 034 47 914 12
Q3 2022 2 650 420 129 927 50 435 12
Q2 2022 1 565 767 93 680 45 637 13
Q1 2022 1 902 839 75 289 44 992 13
Labour taxes per employee per month
2 003 €
Turnover per employee in the quarter
213 977 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 14 212 147 € · +35.1% vs 2024 · industry median 38 239 € · above 98% of the industry
05 00010 00015 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 115 583 € Industry median: 38 887 €20192020 Company: 3 597 636 € Industry median: 35 421 €20202021 Company: 4 921 540 € Industry median: 38 300 €20212022 Company: 6 852 427 € Industry median: 39 550 €20222023 Company: 11 527 692 € Industry median: 37 270 €20232024 Company: 10 523 263 € Industry median: 37 693 €20242025 Company: 14 212 147 € Industry median: 38 239 €202505 00010 00015 0002018 Company: — Industry median: —2019 Company: 4 115 583 € Industry median: 38 887 €20192020 Company: 3 597 636 € Industry median: 35 421 €2021 Company: 4 921 540 € Industry median: 38 300 €20212022 Company: 6 852 427 € Industry median: 39 550 €2023 Company: 11 527 692 € Industry median: 37 270 €20232024 Company: 10 523 263 € Industry median: 37 693 €2025 Company: 14 212 147 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 398 309 € · +34.5% vs 2024 · industry median 411 € · above 98% of the industry
-20002004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 17 604 € Industry median: 643 €20192020 Company: -123 899 € Industry median: 281 €20202021 Company: 124 051 € Industry median: 315 €20212022 Company: 313 096 € Industry median: 398 €20222023 Company: 367 583 € Industry median: 253 €20232024 Company: 296 152 € Industry median: 108 €20242025 Company: 398 309 € Industry median: 411 €2025-20002004002018 Company: — Industry median: —2019 Company: 17 604 € Industry median: 643 €20192020 Company: -123 899 € Industry median: 281 €2021 Company: 124 051 € Industry median: 315 €20212022 Company: 313 096 € Industry median: 398 €2023 Company: 367 583 € Industry median: 253 €20232024 Company: 296 152 € Industry median: 108 €2025 Company: 398 309 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 2.8 % · −0.0 pp vs the year before · industry median 3.5 % · above 47% of the industry
-4-202462016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.4 % Industry median: 4.5 %20192020 Company: -3.4 % Industry median: 4.0 %20202021 Company: 2.5 % Industry median: 3.8 %20212022 Company: 4.6 % Industry median: 3.9 %20222023 Company: 3.2 % Industry median: 3.9 %20232024 Company: 2.8 % Industry median: 2.8 %20242025 Company: 2.8 % Industry median: 3.5 %2025-4-202462018 Company: — Industry median: —2019 Company: 0.4 % Industry median: 4.5 %20192020 Company: -3.4 % Industry median: 4.0 %2021 Company: 2.5 % Industry median: 3.8 %20212022 Company: 4.6 % Industry median: 3.9 %2023 Company: 3.2 % Industry median: 3.9 %20232024 Company: 2.8 % Industry median: 2.8 %2025 Company: 2.8 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 658 496 € · +56.4% vs 2024
01 0002 0003 0004 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 759 001 €20192020 Company: 604 958 €20202021 Company: 1 272 167 €20212022 Company: 1 178 017 €20222023 Company: 1 969 878 €20232024 Company: 2 338 771 €20242025 Company: 3 658 496 €202501 0002 0003 0004 0002018 Company: —2019 Company: 759 001 €20192020 Company: 604 958 €2021 Company: 1 272 167 €20212022 Company: 1 178 017 €2023 Company: 1 969 878 €20232024 Company: 2 338 771 €2025 Company: 3 658 496 €2025
Equity, € thousand 2025: 1 573 535 € · +33.9% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 245 456 €20192020 Company: 136 557 €20202021 Company: 259 058 €20212022 Company: 570 304 €20222023 Company: 937 887 €20232024 Company: 1 175 226 €20242025 Company: 1 573 535 €202505001 0001 5002 0002018 Company: —2019 Company: 245 456 €20192020 Company: 136 557 €2021 Company: 259 058 €20212022 Company: 570 304 €2023 Company: 937 887 €20232024 Company: 1 175 226 €2025 Company: 1 573 535 €2025
Employees 2025: 17 · +0.0% vs 2024 · industry median 2 · above 98% of the industry
051015202016 Company: 19 Industry median: —20162017 Company: 17 Industry median: —20172018 Company: 12 Industry median: 220182019 Company: 17 Industry median: 220192020 Company: 18 Industry median: 220202021 Company: 17 Industry median: 220212022 Company: 18 Industry median: 220222023 Company: 16 Industry median: 220232024 Company: 17 Industry median: 220242025 Company: 17 Industry median: 22025051015202018 Company: 12 Industry median: 22019 Company: 17 Industry median: 220192020 Company: 18 Industry median: 22021 Company: 17 Industry median: 220212022 Company: 18 Industry median: 22023 Company: 16 Industry median: 220232024 Company: 17 Industry median: 22025 Company: 17 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 14 212 147 398 309 815 126 3 658 496 1 573 535 17
2024 10 523 263 296 152 744 440 2 338 771 1 175 226 17
2023 11 527 692 367 583 507 262 1 969 878 937 887 16
2022 6 852 427 313 096 440 025 1 178 017 570 304 18
2021 4 921 540 124 051 462 701 1 272 167 259 058 17
2020 3 597 636 -123 899 519 123 604 958 136 557 18
2019 4 115 583 17 604 532 502 759 001 245 456 17
2018 — — — — — 12
2017 — — — — — 17
2016 — — — — — 19
2015 — — — — — 14
2014 — — — — — 13
2013 — — — — — 15
2012 — — — — — 16
2011 — — — — — 6

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
2.8 %
Net profit / revenue
Return on equity (ROE)
25.3 %
Net profit / equity
Return on assets (ROA)
10.9 %
Net profit / assets
Equity ratio
43.0 %
Equity / assets
Debt ratio
57.0 %
Liabilities / assets
Current ratio
1.49
Current assets / current liabilities
Revenue per employee
836 009 €
Revenue / average full-time employees
Labour cost per employee per month
3 996 €
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 1 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 16 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 28 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 300 000 € Swedbank AS 10 Dec 2024 – in force
1 400 000 € Swedbank AS 15 Jun 2023 – in force

Board

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

  • Alo Visnap
    Founder · 1 250 € · 1 Jun 2011
  • Opaal Invest OÜ
    Founder · 1 250 € · 1 Jun 2011
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
K 10156763 / 14
10 Dec 2024
Commercial pledge entered In force
10 Dec 2024
PDF
Ä 10156763 / 13
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
K 10156763 / 12
15 Jun 2023
Commercial pledge entered In force
15 Jun 2023
PDF
K 10156763 / M6
14 Jun 2023
Procedural ruling 24 Jun 2023 Deficiencies eliminated
15 Jun 2023
PDF
Ä 10156763 / M5
10 Dec 2021
Demand to pay the state fee 31 Dec 2021 Deficiencies eliminated
3 Jan 2022
PDF
Ä 10156763 / 11
10 Dec 2021
Entry made by the register on its own initiative In force
10 Dec 2021
PDF
Ä 10156763 / M4
24 Nov 2021
Procedural ruling 8 Dec 2021 In force
24 Nov 2021
PDF
Ä 10156763 / 10
8 Mar 2021
Amendment entry In force
8 Mar 2021
PDF
Ä 10156763 / M3
4 Mar 2021
Ruling to eliminate deficiencies 29 Mar 2021 Deficiencies eliminated
8 Mar 2021
PDF
Ä 10156763 / 9
12 Oct 2018
Amendment entry In force
12 Oct 2018
PDF
Ä 10156763 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10156763 / 7
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10156763 / 6
29 May 2017
Amendment entry In force
29 May 2017
PDF
Ä 10156763 / M2
20 May 2017
Ruling to eliminate deficiencies 4 Jun 2017 Deficiencies eliminated
29 May 2017
PDF
Ä 10156763 / M1
5 May 2017
Ruling to eliminate deficiencies 15 May 2017 Deficiencies eliminated
15 May 2017
PDF
Ä 10156763 / 5
30 Mar 2017
Amendment entry In force
30 Mar 2017
PDF
Ä 10156763 / 4
16 Sep 2016
Amendment entry In force
16 Sep 2016
PDF
Ä 10156763 / 3
23 May 2012
Amendment entry In force
23 May 2012
PDF
Ä 10156763 / 2
25 Jul 2011
Amendment entry In force
25 Jul 2011
PDF
Ä 10156763
1 Jun 2011
First entry In force
1 Jun 2011
PDF

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