Georgian Bakery OÜ is a OÜ based in Tallinn, registry code 14281818, status: active. Main activity: Manufacture of bread and white bread; manufacture of fresh pastry goods and cakes. According to EMTA, turnover for Q3 2026 was €17 021 with 3 employees.
Turnover
17 021 €
↓ 20.7%vs Q2 2026
State taxes
2 433 €
↓ 54.9%vs Q2 2026
Labour taxes
1 529 €
↓ 49.8%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of food products · EMTAK 10
Turnover · Q3 202617 021 €
above 34% of companies
industry median 45 078 € · companies in the industry: 614
Labour taxes per employee510 €
above 12% of companies
industry median 1 325 € · companies in the industry: 551
Revenue · 202591 504 €
above 68% of companies
industry median 18 772 € · companies in the industry: 1 075
Net profit margin · 20253.1 %
above 55% of companies
industry median 2.1 % · companies in the industry: 817
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 17 021 € · −20.7% vs Q2 2026 · industry median 45 078 € · above 34% of the industry
Company
Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 510 € · −49.8% vs Q2 2026 · industry median 1 325 € · above 12% of the industry
Company
Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 2 433 € · −54.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
17 021
2 433
1 529
3
Q2 2026
21 464
5 390
3 046
3
Q1 2026
13 317
3 476
3 097
3
Q4 2025
17 399
3 505
2 300
2
Q3 2025
28 663
3 106
391
2
Q2 2025
24 296
2 294
433
1
Q1 2025
25 717
5 055
3 238
1
Q4 2024
24 801
6 211
5 298
3
Q3 2024
42 036
11 093
6 441
3
Q2 2024
36 777
11 040
7 105
4
Q1 2024
34 037
6 400
3 621
4
Q4 2023
32 466
5 989
3 110
2
Q3 2023
35 770
6 923
3 655
2
Q2 2023
35 783
7 930
4 049
1
Q1 2023
31 031
3 495
418
1
Q4 2022
31 967
2 951
576
1
Q3 2022
21 033
2 686
781
1
Q2 2022
20 303
1 718
781
1
Q1 2022
9 486
1 051
704
1
Labour taxes per employee per month
170 €
Turnover per employee in the quarter
5 674 €
Q3 2026 · calculated from EMTA data
Financials by year
2017 – 2025
Revenue, € thousand 2025: 91 504 € · −32.7% vs 2024 · industry median 18 772 € · above 68% of the industry
Company
Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 2 861 € · −42.5% vs 2024 · industry median 37 € · above 72% of the industry
Company
Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 3.1 % · −0.5 pp vs the year before · industry median 2.1 % · above 55% of the industry
Company
Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 40 562 € · +6.2% vs 2024Equity, € 2025: 35 794 € · +8.7% vs 2024Employees2025: 2 · −50.0% vs 2024 · industry median 3 · above 40% of the industry
Company
Industry median
Industry: Manufacture of food products (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
91 504
2 861
20 201
40 562
35 794
2
2024
135 916
4 975
63 047
38 178
32 933
4
2023
135 009
10 571
33 559
34 351
27 958
2
2022
101 465
14 950
9 555
19 683
17 385
1
2021
37 052
65
15 062
4 932
3 793
2
2020
22 850
481
12 183
5 871
3 718
2
2019
21 552
443
860
6 310
3 237
1
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
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
3.1 %
Net profit / revenue
Return on equity (ROE)
8.0 %
Net profit / equity
Return on assets (ROA)
7.1 %
Net profit / assets
Equity ratio
88.2 %
Equity / assets
Debt ratio
11.8 %
Liabilities / assets
Current ratio
8.51
Current assets / current liabilities
Revenue per employee
45 752 €
Revenue / average full-time employees
Labour cost per employee per month
842 €
Labour costs / employees / 12 months (incl. employer taxes)
