Armero Grupp OÜ

Active Registry code 14650575 OÜ Tallinn Registered 28 Jan 2019
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Armero Grupp OÜ is a OÜ based in Tallinn, registry code 14650575, status: active. Main activity: Logging. According to EMTA, turnover for Q3 2026 was €17 887 with 1 employees.

Turnover
17 887 €
↓ 77.9% vs Q2 2026
State taxes
611 €
↓ 79.4% vs Q2 2026
Labour taxes
0 €
↓ 100.0% vs Q2 2026
Employees
1

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

Position in the industry Forestry and logging · EMTAK 02

  • Turnover · Q3 2026 17 887 €
    industry median 14 400 € · companies in the industry: 1 834
  • Labour taxes per employee 0 €
    industry median 1 226 € · companies in the industry: 1 276
  • Revenue · 2025 914 984 €
    industry median 29 224 € · companies in the industry: 2 730
  • Net profit margin · 2025 -2.7 %
    industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 17 887 € · −77.9% vs Q2 2026 · industry median 14 400 € · above 55% of the industry
0100200300400500Q4 2023 Company: 184 424 € Industry median: 18 002 €Q4·23Q1 2024 Company: 126 845 € Industry median: 20 304 €Q2 2024 Company: 173 157 € Industry median: 19 485 €Q2·24Q3 2024 Company: 247 248 € Industry median: 15 991 €Q4 2024 Company: 254 938 € Industry median: 20 393 €Q4·24Q1 2025 Company: 248 554 € Industry median: 19 023 €Q2 2025 Company: 293 186 € Industry median: 19 272 €Q2·25Q3 2025 Company: 156 577 € Industry median: 14 822 €Q4 2025 Company: 237 878 € Industry median: 18 964 €Q4·25Q1 2026 Company: 411 993 € Industry median: 17 087 €Q2 2026 Company: 80 915 € Industry median: 18 725 €Q2·26Q3 2026 Company: 17 887 € Industry median: 14 400 €Q3·260100200300400500Q4 2024 Company: 254 938 € Industry median: 20 393 €Q1 2025 Company: 248 554 € Industry median: 19 023 €Q1·25Q2 2025 Company: 293 186 € Industry median: 19 272 €Q3 2025 Company: 156 577 € Industry median: 14 822 €Q3·25Q4 2025 Company: 237 878 € Industry median: 18 964 €Q1 2026 Company: 411 993 € Industry median: 17 087 €Q1·26Q2 2026 Company: 80 915 € Industry median: 18 725 €Q3 2026 Company: 17 887 € Industry median: 14 400 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 0 € · industry median 1 226 € · above 2% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 083 €Q4·23Q1 2024 Company: — Industry median: 1 091 €Q2 2024 Company: — Industry median: 1 128 €Q2·24Q3 2024 Company: — Industry median: 1 119 €Q4 2024 Company: 841 € Industry median: 1 188 €Q4·24Q1 2025 Company: 88 € Industry median: 1 209 €Q2 2025 Company: 1 030 € Industry median: 1 257 €Q2·25Q3 2025 Company: 1 030 € Industry median: 1 175 €Q4 2025 Company: 1 016 € Industry median: 1 287 €Q4·25Q1 2026 Company: 1 020 € Industry median: 1 232 €Q2 2026 Company: — Industry median: 1 221 €Q2·26Q3 2026 Company: 0 € Industry median: 1 226 €Q3·2605001 0001 500Q4 2024 Company: 841 € Industry median: 1 188 €Q1 2025 Company: 88 € Industry median: 1 209 €Q1·25Q2 2025 Company: 1 030 € Industry median: 1 257 €Q3 2025 Company: 1 030 € Industry median: 1 175 €Q3·25Q4 2025 Company: 1 016 € Industry median: 1 287 €Q1 2026 Company: 1 020 € Industry median: 1 232 €Q1·26Q2 2026 Company: — Industry median: 1 221 €Q3 2026 Company: 0 € Industry median: 1 226 €Q3·26
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: —Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 611 € · −79.4% vs Q2 2026
010 00020 00030 00040 00050 000Q4 2023 Company: 9 551 €Q4·23Q1 2024 Company: 7 861 €Q2 2024 Company: 17 480 €Q2·24Q3 2024 Company: 23 417 €Q4 2024 Company: 15 623 €Q4·24Q1 2025 Company: 49 632 €Q2 2025 Company: 33 769 €Q2·25Q3 2025 Company: 8 635 €Q4 2025 Company: 11 865 €Q4·25Q1 2026 Company: 49 481 €Q2 2026 Company: 2 959 €Q2·26Q3 2026 Company: 611 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 15 623 €Q1 2025 Company: 49 632 €Q1·25Q2 2025 Company: 33 769 €Q3 2025 Company: 8 635 €Q3·25Q4 2025 Company: 11 865 €Q1 2026 Company: 49 481 €Q1·26Q2 2026 Company: 2 959 €Q3 2026 Company: 611 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 17 887 611 — 1
Q2 2026 80 915 2 959 677 —
Q1 2026 411 993 49 481 1 020 1
Q4 2025 237 878 11 865 1 016 1
Q3 2025 156 577 8 635 1 030 1
Q2 2025 293 186 33 769 1 030 1
Q1 2025 248 554 49 632 88 1
Q4 2024 254 938 15 623 841 1
Q3 2024 247 248 23 417 1 611 —
Q2 2024 173 157 17 480 357 —
Q1 2024 126 845 7 861 — —
Q4 2023 184 424 9 551 — —
Q3 2023 15 352 337 — —
Q2 2023 58 616 6 081 247 —
Q1 2023 201 282 — 740 —
Q4 2022 266 937 23 377 703 —
Q3 2022 164 059 20 133 — —
Q2 2022 127 376 6 468 — —
Q1 2022 154 570 14 713 — —
Labour taxes per employee per month
0 €
Turnover per employee in the quarter
17 887 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 914 984 € · +11.8% vs 2024 · industry median 29 224 € · above 95% of the industry
02004006008001 0002019 Company: 174 118 € Industry median: 26 014 €20192020 Company: 398 756 € Industry median: 20 720 €20202021 Company: 477 568 € Industry median: 23 073 €20212022 Company: 829 844 € Industry median: 30 000 €20222023 Company: 338 748 € Industry median: 26 753 €20232024 Company: 818 521 € Industry median: 26 865 €20242025 Company: 914 984 € Industry median: 29 224 €202502004006008001 0002019 Company: 174 118 € Industry median: 26 014 €20192020 Company: 398 756 € Industry median: 20 720 €2021 Company: 477 568 € Industry median: 23 073 €20212022 Company: 829 844 € Industry median: 30 000 €2023 Company: 338 748 € Industry median: 26 753 €20232024 Company: 818 521 € Industry median: 26 865 €2025 Company: 914 984 € Industry median: 29 224 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -24 875 € · −112.4% vs 2024 · industry median 275 € · above 6% of the industry
-500501001502002502019 Company: 47 295 € Industry median: 1 201 €20192020 Company: 40 952 € Industry median: 519 €20202021 Company: 36 235 € Industry median: 841 €20212022 Company: 121 342 € Industry median: 1 888 €20222023 Company: 32 723 € Industry median: 626 €20232024 Company: 200 174 € Industry median: 488 €20242025 Company: -24 875 € Industry median: 275 €2025-500501001502002502019 Company: 47 295 € Industry median: 1 201 €20192020 Company: 40 952 € Industry median: 519 €2021 Company: 36 235 € Industry median: 841 €20212022 Company: 121 342 € Industry median: 1 888 €2023 Company: 32 723 € Industry median: 626 €20232024 Company: 200 174 € Industry median: 488 €2025 Company: -24 875 € Industry median: 275 €2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -2.7 % · −27.2 pp vs the year before · industry median 4.9 % · above 29% of the industry
-1001020302019 Company: 27.2 % Industry median: 8.6 %20192020 Company: 10.3 % Industry median: 6.8 %20202021 Company: 7.6 % Industry median: 8.1 %20212022 Company: 14.6 % Industry median: 11.3 %20222023 Company: 9.7 % Industry median: 6.9 %20232024 Company: 24.5 % Industry median: 6.0 %20242025 Company: -2.7 % Industry median: 4.9 %2025-1001020302019 Company: 27.2 % Industry median: 8.6 %20192020 Company: 10.3 % Industry median: 6.8 %2021 Company: 7.6 % Industry median: 8.1 %20212022 Company: 14.6 % Industry median: 11.3 %2023 Company: 9.7 % Industry median: 6.9 %20232024 Company: 24.5 % Industry median: 6.0 %2025 Company: -2.7 % Industry median: 4.9 %2025
  • Company
  • Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 553 390 € · +15.0% vs 2024
02004006002019 Company: 48 713 €20192020 Company: 90 353 €20202021 Company: 126 478 €20212022 Company: 264 518 €20222023 Company: 278 788 €20232024 Company: 481 081 €20242025 Company: 553 390 €202502004006002019 Company: 48 713 €20192020 Company: 90 353 €2021 Company: 126 478 €20212022 Company: 264 518 €2023 Company: 278 788 €20232024 Company: 481 081 €2025 Company: 553 390 €2025
Equity, € thousand 2025: 453 846 € · −5.2% vs 2024
01002003004005002019 Company: 48 713 €20192020 Company: 88 247 €20202021 Company: 124 482 €20212022 Company: 245 824 €20222023 Company: 278 547 €20232024 Company: 478 721 €20242025 Company: 453 846 €202501002003004005002019 Company: 48 713 €20192020 Company: 88 247 €2021 Company: 124 482 €20212022 Company: 245 824 €2023 Company: 278 547 €20232024 Company: 478 721 €2025 Company: 453 846 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02019 Company: 1 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02019 Company: 1 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Forestry and logging (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 914 984 -24 875 12 976 553 390 453 846 1
2024 818 521 200 174 8 700 481 081 478 721 1
2023 338 748 32 723 4 596 278 788 278 547 0
2022 829 844 121 342 4 282 264 518 245 824 1
2021 477 568 36 235 0 126 478 124 482 0
2020 398 756 40 952 0 90 353 88 247 0
2019 174 118 47 295 1 330 48 713 48 713 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
-2.7 %
Net profit / revenue
Return on equity (ROE)
-5.5 %
Net profit / equity
Return on assets (ROA)
-4.5 %
Net profit / assets
Equity ratio
82.0 %
Equity / assets
Debt ratio
18.0 %
Liabilities / assets
Current ratio
3.87
Current assets / current liabilities
Revenue per employee
927 772 €
Revenue / average full-time employees
Labour cost per employee per month
1 081 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Oct 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 26 Apr 2021 Company’s own e-Äriregister
2019 28 Jan 2019 – 31 Dec 2019 14 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

  • Liia Braun
    Direct ownership · since 22 Sep 2020

Founders and other persons

  • Liia Braun
    Founder · 2 500 € · 28 Jan 2019
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 02201Logging Main
Rulings
Number, date Title Deadline State Document
Ä 50111758 / 4
21 Feb 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
21 Feb 2024
PDF
Ä 50111758 / 3
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50111758 / 2
8 Nov 2021
Amendment under Commercial Code § 525 (2) In force
8 Nov 2021
PDF
Ä 50111758
28 Jan 2019
First entry In force
28 Jan 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data