Gvel Veod OÜ is a OÜ based in Maardu linn, registry code 14605468, status: active. Main activity: Freight transport by road. According to EMTA, turnover for Q1 2025 was €18 331 with employees.
Turnover
18 331 €
↓ 75.7%vs Q4 2024
State taxes
2 134 €
↓ 84.7%vs Q4 2024
Labour taxes
732 €
↓ 82.7%vs Q4 2024
Employees
—
Q1 2025 · data from the Tax and Customs Board (EMTA)
Position in the industry Land transport and transport via pipelines · EMTAK 49
Turnover · Q1 202518 331 €
above 46% of companies
industry median 21 631 € · companies in the industry: 3 602
Revenue · 2023422 686 €
above 86% of companies
industry median 34 146 € · companies in the industry: 5 858
Net profit margin · 20232.9 %
above 51% of companies
industry median 2.7 % · companies in the industry: 4 851
Taxes and turnover
Q2 2022 – Q1 2025
Turnover, € thousand Q1 2025: 18 331 € · −75.7% vs Q4 2024 · industry median 21 631 € · above 46% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q4 2024: 4 232 € · +324.6% vs Q3 2024 · industry median 1 066 € · above 98% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ4 2024: 1 · −75.0% vs Q3 2024State taxes, € Q1 2025: 2 134 € · −84.7% vs Q4 2024
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q1 2025
18 331
2 134
732
—
Q4 2024
75 474
13 992
4 232
1
Q3 2024
135 075
17 240
3 987
4
Q2 2024
140 053
26 781
4 070
4
Q1 2024
154 895
8 707
4 311
4
Q4 2023
152 154
20 271
5 259
3
Q3 2023
110 503
4 803
2 860
4
Q2 2023
90 816
5 511
1 755
3
Q1 2023
47 186
3 871
2 402
2
Q4 2022
69 550
7 171
2 951
2
Q3 2022
132 206
8 642
3 261
3
Q2 2022
107 776
14 568
4 775
3
Q1 2022
80 984
9 806
4 363
4
Financials by year
2019 – 2023
Revenue, € thousand 2023: 422 686 € · +16.1% vs 2022 · industry median 34 146 € · above 86% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2023: 12 259 € · +143.7% vs 2022 · industry median 223 € · above 81% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2023: 2.9 % · +10.6 pp vs the year before · industry median 2.7 % · above 51% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2023: 174 888 € · +51.3% vs 2022Equity, € 2023: 21 441 € · +133.5% vs 2022Employees2023: 4 · +0.0% vs 2022 · industry median 1 · above 75% of the industry
Company
Industry median
Industry: Land transport and transport via pipelines (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
422 686
12 259
42 097
174 888
21 441
4
2022
364 064
-28 032
43 828
115 589
9 182
4
2021
433 804
9 418
52 894
189 256
37 216
4
2020
210 673
13 814
14 948
119 354
27 798
3
2019
54 922
12 147
5 359
30 577
13 984
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 2023
Net profit margin
2.9 %
Net profit / revenue
Return on equity (ROE)
57.2 %
Net profit / equity
Return on assets (ROA)
7.0 %
Net profit / assets
Equity ratio
12.3 %
Equity / assets
Debt ratio
87.7 %
Liabilities / assets
Current ratio
0.68
Current assets / current liabilities
Revenue per employee
105 672 €
Revenue / average full-time employees
Labour cost per employee per month
877 €
Labour costs / employees / 12 months (incl. employer taxes)
