GS Union OÜ

Active Registry code 12119597 OÜ Igavere küla Registered 13 Jun 2011

GS Union OÜ is a OÜ based in Igavere küla, registry code 12119597, status: active. Main activity: Activities of agents involved in the wholesale of food, beverages and tobacco. According to EMTA, turnover for Q3 2026 was €23 863 with employees.

Turnover

23 863 €

↑ 51.4% vs Q2 2026

State taxes

797 €

↑ 2 177.1% vs Q2 2026

Labour taxes

0 €

Employees

—

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 23 863 €

above 36% of companies

industry median 60 065 € · companies in the industry: 6 941
Revenue · 2025 83 023 €

above 53% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 50.8 %

above 93% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 23 863 € · +51.4% vs Q2 2026 · industry median 60 065 € · above 36% of the industry

Company
Industry median

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

Labour taxes per employee, € Q1 2025: 1 085 € · +6.0% vs Q4 2024 · industry median 2 079 € · above 25% of the industry

Company
Industry median

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

Employees Q1 2025: 1 · +0.0% vs Q4 2024

State taxes, € Q3 2026: 797 € · +2 177.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	23 863	797	—	—
Q2 2026	15 760	35	—	—
Q1 2026	19 753	596	—	—
Q4 2025	18 362	540	—	—
Q3 2025	26 329	785	—	—
Q2 2025	15 772	1 706	1 298	—
Q1 2025	22 543	1 265	1 085	1
Q4 2024	20 418	2 466	1 024	1
Q3 2024	30 675	2 069	1 095	1
Q2 2024	36 308	4 548	1 781	1
Q1 2024	50 352	11 374	1 839	1
Q4 2023	45 033	6 512	2 077	1
Q3 2023	17 817	2 645	100	—
Q2 2023	28 236	3 446	—	—
Q1 2023	6 283	646	—	—
Q4 2022	13 041	799	—	—
Q3 2022	21 450	—	—	—
Q2 2022	1 830	88	—	—
Q1 2022	53 422	578	—	—

Financials by year

2016 – 2025

Revenue, € thousand 2025: 83 023 € · −29.0% vs 2024 · industry median 63 691 € · above 53% of the industry

Company
Industry median

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

Net profit, € 2025: 42 170 € · +82.2% vs 2024 · industry median 127 € · above 82% of the industry

Company
Industry median

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

Net profit margin, % 2025: 50.8 % · +31.0 pp vs the year before · industry median 2.7 % · above 93% of the industry

Company
Industry median

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

Assets, € thousand 2025: 152 344 € · +35.2% vs 2024

Equity, € thousand 2025: 148 179 € · +39.8% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry

Company
Industry median

Industry: Wholesale 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	83 023	42 170	5 454	152 344	148 179	1
2024	116 958	23 149	17 977	112 666	106 009	1
2023	118 065	38 696	11 632	102 845	82 860	1
2022	40 787	32 154	0	107 180	56 164	0
2021	8 448	-371	0	103 567	24 010	0
2020	4 217	-1 382	0	54 444	24 381	0
2019	69 741	5 223	0	55 002	25 763	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

Net profit margin

50.8 %

Net profit / revenue

Return on equity (ROE)

28.5 %

Net profit / equity

Return on assets (ROA)

27.7 %

Net profit / assets

Equity ratio

97.3 %

Equity / assets

Debt ratio

2.7 %

Liabilities / assets

Current ratio

63.81

Current assets / current liabilities

Revenue per employee

83 032 €

Revenue / average full-time employees

Labour cost per employee per month

455 €

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	17 Sep 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	19 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Jun 2022	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	29 Jun 2020	Company’s own	e-Äriregister

Board

Sergei Kutuzov
Board member · since 13 Jun 2011

Right of representation

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

Owners

Sergei Kutuzov
Natural person · 1 250 €

50%
Galina Kutuzova
Natural person · 1 250 €

50%

Beneficial owners

Galina Kutuzova
Direct ownership · since 31 Oct 2018
Sergei Kutuzov
Direct ownership · since 31 Oct 2018

Founders and other persons

Galina Kutuzova
Founder · 1 250 € · 13 Jun 2011
Sergei Kutuzov
Founder · 1 250 € · 13 Jun 2011

Activities (EMTAK)

46171Activities of agents involved in the wholesale of food, beverages and tobacco Main
43329Other joinery installation
47121Other non-specialised retail sale
49411Freight transport by road
95221Repair and maintenance of household appliances and home and garden equipment

Rulings 6

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10157100 / 6 20 Dec 2024	Amendment entry	In force 20 Dec 2024	PDF
Ä 10157100 / 5 1 Jul 2024	Amendment under Code of Civil Procedure § 595¹ (1)	In force 1 Jul 2024	PDF
Ä 10157100 / 4 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 10157100 / 3 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10157100 / 2 2 Dec 2017	Amendment entry	In force 2 Dec 2017	PDF
Ä 10157100 13 Jun 2011	First entry	In force 13 Jun 2011	PDF

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