GLAK OÜ

Active Registry code 12505604 OÜ Tallinn Registered 16 Jul 2013

GLAK OÜ is a OÜ based in Tallinn, registry code 12505604, status: active. Main activity: Beverage serving activities. According to EMTA, turnover for Q3 2026 was €249 466 with 1 employees.

Turnover

249 466 €

↑ 30.2% vs Q2 2026

State taxes

12 312 €

↑ 204.2% vs Q2 2026

Labour taxes

2 007 €

↑ 3.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Food and beverage service activities · EMTAK 56

Turnover · Q3 2026 249 466 €

above 88% of companies

industry median 48 370 € · companies in the industry: 2 475
Labour taxes per employee 2 007 €

above 83% of companies

industry median 1 201 € · companies in the industry: 2 187
Revenue · 2025 818 270 €

above 92% of companies

industry median 47 451 € · companies in the industry: 3 568
Net profit margin · 2025 0.3 %

above 42% of companies

industry median 1.1 % · companies in the industry: 2 875

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 249 466 € · +30.2% vs Q2 2026 · industry median 48 370 € · above 88% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 007 € · +3.0% vs Q2 2026 · industry median 1 201 € · above 83% of the industry

Company
Industry median

Industry: Food and beverage service 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: 12 312 € · +204.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	249 466	12 312	2 007	1
Q2 2026	191 531	4 047	1 948	1
Q1 2026	154 202	11 922	2 007	1
Q4 2025	176 427	6 032	2 007	1
Q3 2025	259 704	5 523	1 947	1
Q2 2025	208 810	19 373	2 007	1
Q1 2025	169 660	7 991	1 846	1
Q4 2024	177 266	6 000	1 629	1
Q3 2024	243 441	12 745	1 681	1
Q2 2024	184 680	9 631	—	1
Q1 2024	123 911	4 683	—	—
Q4 2023	125 831	2 473	—	—
Q3 2023	174 355	4 384	—	—
Q2 2023	147 366	5 062	—	—
Q1 2023	105 605	2 425	—	—
Q4 2022	113 375	1 214	—	—
Q3 2022	178 385	3 214	—	—
Q2 2022	119 315	9 164	—	—
Q1 2022	99 222	1 397	—	—

Labour taxes per employee per month

669 €

Turnover per employee in the quarter

249 466 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 818 270 € · +11.2% vs 2024 · industry median 47 451 € · above 92% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 2 685 € · −91.7% vs 2024 · industry median 68 € · above 70% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.3 % · −4.1 pp vs the year before · industry median 1.1 % · above 42% of the industry

Company
Industry median

Industry: Food and beverage service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 279 827 € · −10.2% vs 2024

Equity, € thousand 2025: 221 848 € · −14.4% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 3 · above 5% of the industry

Company
Industry median

Industry: Food and beverage service 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	818 270	2 685	19 331	279 827	221 848	1
2024	736 161	32 323	12 139	311 668	259 163	1
2023	561 695	51 528	0	272 330	226 840	0
2022	513 261	60 819	0	219 260	175 312	0
2021	463 782	59 697	0	197 525	144 493	0
2020	368 085	22 344	0	124 579	84 796	0
2019	393 983	19 049	1 158	92 705	62 452	1
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	1
2015	—	—	—	—	—	4
2014	—	—	—	—	—	14
2013	—	—	—	—	—	11

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

0.3 %

Net profit / revenue

Return on equity (ROE)

1.2 %

Net profit / equity

Return on assets (ROA)

1.0 %

Net profit / assets

Equity ratio

79.3 %

Equity / assets

Debt ratio

20.7 %

Liabilities / assets

Current ratio

4.19

Current assets / current liabilities

Revenue per employee

818 270 €

Revenue / average full-time employees

Labour cost per employee per month

1 611 €

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	29 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	6 Jul 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Company’s own	e-Äriregister

Board

Hovakim Azarumyan
Board member · since 15 Jun 2020

Right of representation

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

Owners

Hovakim Azarumyan
Natural person · 2 500 €

100%

Beneficial owners

Hovakim Azarumyan
Direct ownership · since 5 Jun 2023

Founders and other persons

OLEG BREK
Founder · 2 500 € · 16 Jul 2013

shared board members, owners or beneficial owners

Activities (EMTAK)

56301Beverage serving activities Main

Rulings 12

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10185373 / 10 24 Jul 2026	Amendment entry		In force 24 Jul 2026	PDF
Ä 10185373 / 9 14 Jul 2026	Amendment entry		In force 14 Jul 2026	PDF
Ä 10185373 / 8 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 10185373 / 7 15 Jun 2020	Amendment entry		In force 15 Jun 2020	PDF
Ä 10185373 / 6 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 10185373 / 5 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 10185373 / 4 24 Mar 2016	Amendment under Commercial Code § 525 (2)		In force 24 Mar 2016	PDF
Ä 10185373 / 3 15 Jan 2015	Amendment entry		In force 15 Jan 2015	PDF
Ä 10185373 / M2 12 Jan 2015	Ruling to eliminate deficiencies	1 Feb 2015	Deficiencies eliminated 15 Jan 2015	PDF
Ä 10185373 / 2 22 Oct 2014	Amendment entry		In force 22 Oct 2014	PDF
Ä 10185373 / M1 20 Oct 2014	Ruling to eliminate deficiencies	9 Nov 2014	Deficiencies eliminated 22 Oct 2014	PDF
Ä 10185373 16 Jul 2013	First entry		In force 16 Jul 2013	PDF

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

GLAK OÜ

Position in the industry Food and beverage service activities · EMTAK 56

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