GLSystems Logistics OÜ is a OÜ based in Tallinn, registry code 14145334, status: active. Main activity: Sea and coastal freight water transport. According to EMTA, turnover for Q3 2026 was €0 with 2 employees.
Turnover
0 €
↓ 100.0%vs Q2 2026
State taxes
—
Labour taxes
—
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Water transport · EMTAK 50
Revenue · 2024301 841 €
above 80% of companies
industry median 8 647 € · companies in the industry: 156
Net profit margin · 2024-6.2 %
above 31% of companies
industry median 4.5 % · companies in the industry: 103
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 47 494 € · above 2% of the industry
Company
Industry median
Industry: Water transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q1 2026: 459 € · +24.4% vs Q4 2025 · industry median 2 189 € · above 9% of the industry
Company
Industry median
Industry: Water transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q1 2026: 3 054 € · +39.5% vs Q4 2025
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
—
—
2
Q2 2026
32 578
—
—
2
Q1 2026
186 326
3 054
918
2
Q4 2025
737 818
2 190
738
2
Q3 2025
500 299
—
—
2
Q2 2025
441 047
—
—
2
Q1 2025
1 294 482
1 763
102
2
Q4 2024
1 343 544
12 769
735
2
Q3 2024
841 608
1 506
1 574
2
Q2 2024
1 071 951
951
945
2
Q1 2024
2 721 697
43 875
12 150
2
Q4 2023
11 638 725
1 764
—
2
Q3 2023
7 186 243
—
—
2
Q2 2023
12 802 790
14 523
2 519
2
Q1 2023
8 723 496
4 147
—
2
Q4 2022
6 054 899
14 241
9 236
2
Q3 2022
5 604 444
6 291
6 577
2
Q2 2022
2 456 834
1 554
1 259
2
Q1 2022
4 571 279
3 240
1 233
1
Turnover per employee in the quarter
0 €
Q3 2026 · calculated from EMTA data
Financials by year
2017 – 2024
Revenue, € thousand 2024: 301 841 € · −18.0% vs 2023 · industry median 8 647 € · above 80% of the industry
Company
Industry median
Industry: Water transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2024: -18 567 € · −193.1% vs 2023 · industry median 0 € · above 13% of the industry
Company
Industry median
Industry: Water transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2024: -6.2 % · −11.6 pp vs the year before · industry median 4.5 % · above 31% of the industry
Company
Industry median
Industry: Water transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2024: 1 208 798 € · −27.1% vs 2023Equity, € thousand 2024: 792 257 € · −2.3% vs 2023Employees2024: 2 · +0.0% vs 2023 · industry median 2 · above 45% of the industry
Company
Industry median
Industry: Water transport (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
2024
301 841
-18 567
161 585
1 208 798
792 257
2
2023
367 925
19 952
161 374
1 659 228
810 824
2
2022
296 512
38 377
120 946
1 517 578
790 872
2
2021
110 604
21 649
39 284
1 505 187
752 495
2
2020
202 358
46 739
55 112
1 469 437
730 846
2
2019
290 474
160 103
22 342
1 182 593
684 107
1
2018
—
—
—
—
—
2
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 2024
Net profit margin
-6.2 %
Net profit / revenue
Return on equity (ROE)
-2.3 %
Net profit / equity
Return on assets (ROA)
-1.5 %
Net profit / assets
Equity ratio
65.5 %
Equity / assets
Debt ratio
34.5 %
Liabilities / assets
Current ratio
2.90
Current assets / current liabilities
Revenue per employee
150 921 €
Revenue / average full-time employees
Labour cost per employee per month
6 733 €
Labour costs / employees / 12 months (incl. employer taxes)
