GTEst Duo OÜ

Active Registry code 14127566 OÜ Tartu linn Registered 6 Oct 2016
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GTEst Duo OÜ is a OÜ based in Tartu linn, registry code 14127566, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q1 2025 was €9 098 with 1 employees.

Turnover
9 098 €
↓ 33.7% vs Q4 2024
State taxes
—
Labour taxes
—
Employees
1
±0 vs Q4 2024

Q1 2025 · data from the Tax and Customs Board (EMTA)

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

  • Turnover · Q1 2025 9 098 €
    industry median 19 568 € · companies in the industry: 4 352
  • Revenue · 2023 39 727 €
    industry median 37 262 € · companies in the industry: 7 410
  • Net profit margin · 2023 -4.6 %
    industry median 3.9 % · companies in the industry: 5 733

Taxes and turnover

Q2 2022 – Q1 2025
Turnover, € Q1 2025: 9 098 € · −33.7% vs Q4 2024 · industry median 19 568 € · above 32% of the industry
010 00020 00030 00040 00050 000Q2 2022 Company: 42 567 € Industry median: 28 822 €Q2·22Q3 2022 Company: 12 649 € Industry median: 30 049 €Q4 2022 Company: 21 028 € Industry median: 29 508 €Q4·22Q1 2023 Company: 16 117 € Industry median: 22 726 €Q2 2023 Company: 12 662 € Industry median: 24 000 €Q2·23Q3 2023 Company: 994 € Industry median: 27 263 €Q4 2023 Company: 14 134 € Industry median: 26 427 €Q4·23Q1 2024 Company: 0 € Industry median: 19 618 €Q2 2024 Company: 1 960 € Industry median: 21 373 €Q2·24Q3 2024 Company: 0 € Industry median: 26 160 €Q4 2024 Company: 13 718 € Industry median: 25 496 €Q4·24Q1 2025 Company: 9 098 € Industry median: 19 568 €Q1·25010 00020 00030 000Q2 2023 Company: 12 662 € Industry median: 24 000 €Q3 2023 Company: 994 € Industry median: 27 263 €Q3·23Q4 2023 Company: 14 134 € Industry median: 26 427 €Q1 2024 Company: 0 € Industry median: 19 618 €Q1·24Q2 2024 Company: 1 960 € Industry median: 21 373 €Q3 2024 Company: 0 € Industry median: 26 160 €Q3·24Q4 2024 Company: 13 718 € Industry median: 25 496 €Q1 2025 Company: 9 098 € Industry median: 19 568 €Q1·25
  • 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, € Q4 2024: 0 € · industry median 1 179 € · above 2% of the industry
01 0002 0003 000Q2 2022 Company: 2 067 € Industry median: 1 054 €Q2·22Q3 2022 Company: 2 286 € Industry median: 1 108 €Q4 2022 Company: 1 206 € Industry median: 1 173 €Q4·22Q1 2023 Company: 2 529 € Industry median: 1 119 €Q2 2023 Company: 1 342 € Industry median: 1 060 €Q2·23Q3 2023 Company: 846 € Industry median: 1 118 €Q4 2023 Company: 827 € Industry median: 1 145 €Q4·23Q1 2024 Company: 724 € Industry median: 1 097 €Q2 2024 Company: 619 € Industry median: 1 083 €Q2·24Q3 2024 Company: 0 € Industry median: 1 142 €Q4 2024 Company: 0 € Industry median: 1 179 €Q4·24Q1 2025 Company: — Industry median: 1 188 €Q1·2505001 0001 500Q2 2023 Company: 1 342 € Industry median: 1 060 €Q3 2023 Company: 846 € Industry median: 1 118 €Q3·23Q4 2023 Company: 827 € Industry median: 1 145 €Q1 2024 Company: 724 € Industry median: 1 097 €Q1·24Q2 2024 Company: 619 € Industry median: 1 083 €Q3 2024 Company: 0 € Industry median: 1 142 €Q3·24Q4 2024 Company: 0 € Industry median: 1 179 €Q1 2025 Company: — Industry median: 1 188 €Q1·25
  • 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 Q1 2025: 1 · +0.0% vs Q4 2024
01234Q2 2022 Company: 2Q2·22Q3 2022 Company: 2Q4 2022 Company: 4Q4·22Q1 2023 Company: 3Q2 2023 Company: 2Q2·23Q3 2023 Company: 1Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q1·250.00.51.01.52.0Q2 2023 Company: 2Q3 2023 Company: 1Q3·23Q4 2023 Company: 1Q1 2024 Company: 1Q1·24Q2 2024 Company: 1Q3 2024 Company: 1Q3·24Q4 2024 Company: 1Q1 2025 Company: 1Q1·25
State taxes, € Q4 2024: 94 € · −90.4% vs Q3 2024
02 0004 0006 0008 00010 000Q2 2022 Company: 9 739 €Q2·22Q3 2022 Company: 6 444 €Q4 2022 Company: 8 660 €Q4·22Q1 2023 Company: 8 530 €Q2 2023 Company: 4 814 €Q2·23Q3 2023 Company: 1 156 €Q4 2023 Company: 1 926 €Q4·23Q1 2024 Company: 1 115 €Q2 2024 Company: 763 €Q2·24Q3 2024 Company: 981 €Q4 2024 Company: 94 €Q4·24Q1 2025 Company: —Q1·2501 0002 0003 0004 0005 000Q2 2023 Company: 4 814 €Q3 2023 Company: 1 156 €Q3·23Q4 2023 Company: 1 926 €Q1 2024 Company: 1 115 €Q1·24Q2 2024 Company: 763 €Q3 2024 Company: 981 €Q3·24Q4 2024 Company: 94 €Q1 2025 Company: —Q1·25
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2025 9 098 — — 1
Q4 2024 13 718 94 — 1
Q3 2024 — 981 — 1
Q2 2024 1 960 763 619 1
Q1 2024 — 1 115 724 1
Q4 2023 14 134 1 926 827 1
Q3 2023 994 1 156 846 1
Q2 2023 12 662 4 814 2 683 2
Q1 2023 16 117 8 530 7 587 3
Q4 2022 21 028 8 660 4 822 4
Q3 2022 12 649 6 444 4 572 2
Q2 2022 42 567 9 739 4 134 2
Q1 2022 23 136 7 190 3 257 2
Turnover per employee in the quarter
9 098 €

Q1 2025 · calculated from EMTA data

Financials by year

2017 – 2023
Revenue, € 2023: 39 727 € · −59.5% vs 2022 · industry median 37 262 € · above 51% of the industry
020 00040 00060 00080 000100 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11 335 € Industry median: 38 887 €20192020 Company: 36 547 € Industry median: 35 421 €20202021 Company: 65 935 € Industry median: 38 277 €20212022 Company: 97 975 € Industry median: 39 545 €20222023 Company: 39 727 € Industry median: 37 262 €2023020 00040 00060 00080 000100 0002017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 11 335 € Industry median: 38 887 €20192020 Company: 36 547 € Industry median: 35 421 €2021 Company: 65 935 € Industry median: 38 277 €20212022 Company: 97 975 € Industry median: 39 545 €2023 Company: 39 727 € Industry median: 37 262 €2023
  • 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, € 2023: -1 828 € · −114.6% vs 2022 · industry median 253 € · above 20% of the industry
-10 000-5 00005 00010 00015 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -2 048 € Industry median: 643 €20192020 Company: -5 526 € Industry median: 281 €20202021 Company: -2 282 € Industry median: 315 €20212022 Company: 12 546 € Industry median: 398 €20222023 Company: -1 828 € Industry median: 253 €2023-10 000-5 00005 00010 00015 0002017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: -2 048 € Industry median: 643 €20192020 Company: -5 526 € Industry median: 281 €2021 Company: -2 282 € Industry median: 315 €20212022 Company: 12 546 € Industry median: 398 €2023 Company: -1 828 € Industry median: 253 €2023
  • 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, % 2023: -4.6 % · −17.4 pp vs the year before · industry median 3.9 % · above 22% of the industry
-20-10010202017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -18.1 % Industry median: 4.5 %20192020 Company: -15.1 % Industry median: 4.0 %20202021 Company: -3.5 % Industry median: 3.8 %20212022 Company: 12.8 % Industry median: 3.9 %20222023 Company: -4.6 % Industry median: 3.9 %2023-20-10010202017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: -18.1 % Industry median: 4.5 %20192020 Company: -15.1 % Industry median: 4.0 %2021 Company: -3.5 % Industry median: 3.8 %20212022 Company: 12.8 % Industry median: 3.9 %2023 Company: -4.6 % Industry median: 3.9 %2023
  • 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, € 2023: 27 444 € · −27.1% vs 2022
010 00020 00030 00040 0002017 Company: —20172018 Company: —20182019 Company: 2 528 €20192020 Company: 5 905 €20202021 Company: 7 339 €20212022 Company: 37 627 €20222023 Company: 27 444 €2023010 00020 00030 00040 0002017 Company: —20172018 Company: —2019 Company: 2 528 €20192020 Company: 5 905 €2021 Company: 7 339 €20212022 Company: 37 627 €2023 Company: 27 444 €2023
Equity, € 2023: 3 362 € · −35.2% vs 2022
-10 000-5 00005 00010 0002017 Company: —20172018 Company: —20182019 Company: 452 €20192020 Company: -5 074 €20202021 Company: -7 356 €20212022 Company: 5 190 €20222023 Company: 3 362 €2023-10 000-5 00005 00010 0002017 Company: —20172018 Company: —2019 Company: 452 €20192020 Company: -5 074 €2021 Company: -7 356 €20212022 Company: 5 190 €2023 Company: 3 362 €2023
Employees 2023: 1 · −50.0% vs 2022 · industry median 2 · above 5% of the industry
0.00.51.01.52.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 1 Industry median: 220230.00.51.01.52.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 1 Industry median: 22023
  • 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
2023 39 727 -1 828 25 212 27 444 3 362 1
2022 97 975 12 546 53 557 37 627 5 190 2
2021 65 935 -2 282 38 029 7 339 -7 356 2
2020 36 547 -5 526 24 991 5 905 -5 074 2
2019 11 335 -2 048 9 369 2 528 452 1
2018 — — — — — 0
2017 — — — — — 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 2023

Net profit margin
-4.6 %
Net profit / revenue
Return on equity (ROE)
-54.4 %
Net profit / equity
Return on assets (ROA)
-6.7 %
Net profit / assets
Equity ratio
12.3 %
Equity / assets
Debt ratio
87.7 %
Liabilities / assets
Current ratio
2.14
Current assets / current liabilities
Revenue per employee
39 727 €
Revenue / average full-time employees
Labour cost per employee per month
2 101 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 3 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 31 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 2 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 11 Jun 2020 Company’s own e-Äriregister

Board

Owners

  • Tartu Linn
    Legal person · 75006546 · 2 500 €

Beneficial owners

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41201Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50038665 / 12
30 Mar 2026
Entry to enforce another court decision In force
30 Mar 2026
PDF
Ä 50038665 / 11
28 Jan 2026
Entry made by the register on its own initiative In force
28 Jan 2026
PDF
Ä 50038665 / M3
5 Jan 2026
Procedural ruling In force
5 Jan 2026
PDF
Ä 50038665 / M2
22 Dec 2025
Procedural ruling 29 Dec 2025 In force
22 Dec 2025
PDF
Ä 50038665 / 10
28 Mar 2025
Amendment entry In force
28 Mar 2025
PDF
Ä 50038665 / 9
29 Oct 2024
Amendment entry In force
29 Oct 2024
PDF
Ä 50038665 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50038665 / 7
31 Aug 2023
Amendment entry In force
31 Aug 2023
PDF
Ä 50038665 / M1
28 Aug 2023
Ruling to eliminate deficiencies 17 Sep 2023 Deficiencies eliminated
28 Aug 2023
PDF
Ä 50038665 / 6
25 Nov 2019
Amendment under Commercial Code § 525 (2) In force
25 Nov 2019
PDF
Ä 50038665 / 5
2 Apr 2019
Transformation entry In force
2 Apr 2019
PDF
Ä 50038665 / 4
28 Mar 2019
Amendment entry In force
28 Mar 2019
PDF
Ä 50038665 / 3
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50038665 / 2
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 50038665
6 Oct 2016
First entry In force
6 Oct 2016
PDF

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