OÜ GraniWoods

Active Registry code 14895584 OÜ Tartu linn Registered 23 Jan 2020
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OÜ GraniWoods is a OÜ based in Tartu linn, registry code 14895584, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €25 270 with 2 employees.

Turnover
25 270 €
↑ 2.1% vs Q2 2026
State taxes
5 715 €
↑ 22.4% vs Q2 2026
Labour taxes
1 176 €
↑ 90.0% vs Q2 2026
Employees
2
−1 vs Q2 2026

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

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

  • Turnover · Q3 2026 25 270 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 588 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 25 844 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -37.5 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 25 270 € · +2.1% vs Q2 2026 · industry median 25 252 € · above 50% of the industry
010 00020 00030 000Q4 2023 Company: 15 422 € Industry median: 26 427 €Q4·23Q1 2024 Company: 14 296 € Industry median: 19 618 €Q2 2024 Company: 5 106 € Industry median: 21 373 €Q2·24Q3 2024 Company: 21 390 € Industry median: 26 160 €Q4 2024 Company: 15 550 € Industry median: 25 496 €Q4·24Q1 2025 Company: 2 379 € Industry median: 19 568 €Q2 2025 Company: 4 470 € Industry median: 22 577 €Q2·25Q3 2025 Company: 9 880 € Industry median: 25 533 €Q4 2025 Company: 3 619 € Industry median: 25 721 €Q4·25Q1 2026 Company: 14 530 € Industry median: 20 483 €Q2 2026 Company: 24 746 € Industry median: 22 672 €Q2·26Q3 2026 Company: 25 270 € Industry median: 25 252 €Q3·26010 00020 00030 000Q4 2024 Company: 15 550 € Industry median: 25 496 €Q1 2025 Company: 2 379 € Industry median: 19 568 €Q1·25Q2 2025 Company: 4 470 € Industry median: 22 577 €Q3 2025 Company: 9 880 € Industry median: 25 533 €Q3·25Q4 2025 Company: 3 619 € Industry median: 25 721 €Q1 2026 Company: 14 530 € Industry median: 20 483 €Q1·26Q2 2026 Company: 24 746 € Industry median: 22 672 €Q3 2026 Company: 25 270 € Industry median: 25 252 €Q3·26
  • 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, € Q3 2026: 588 € · +185.0% vs Q2 2026 · industry median 1 211 € · above 16% of the industry
05001 0001 500Q4 2023 Company: 362 € Industry median: 1 145 €Q4·23Q1 2024 Company: 82 € Industry median: 1 097 €Q2 2024 Company: 32 € Industry median: 1 083 €Q2·24Q3 2024 Company: 264 € Industry median: 1 142 €Q4 2024 Company: 788 € Industry median: 1 179 €Q4·24Q1 2025 Company: 401 € Industry median: 1 188 €Q2 2025 Company: 41 € Industry median: 1 149 €Q2·25Q3 2025 Company: 85 € Industry median: 1 208 €Q4 2025 Company: 402 € Industry median: 1 254 €Q4·25Q1 2026 Company: 153 € Industry median: 1 183 €Q2 2026 Company: 206 € Industry median: 1 166 €Q2·26Q3 2026 Company: 588 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: 788 € Industry median: 1 179 €Q1 2025 Company: 401 € Industry median: 1 188 €Q1·25Q2 2025 Company: 41 € Industry median: 1 149 €Q3 2025 Company: 85 € Industry median: 1 208 €Q3·25Q4 2025 Company: 402 € Industry median: 1 254 €Q1 2026 Company: 153 € Industry median: 1 183 €Q1·26Q2 2026 Company: 206 € Industry median: 1 166 €Q3 2026 Company: 588 € Industry median: 1 211 €Q3·26
  • 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 Q3 2026: 2 · −33.3% vs Q2 2026
0123Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 2Q2·24Q3 2024 Company: 3Q4 2024 Company: 2Q4·24Q1 2025 Company: 1Q2 2025 Company: 2Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 3Q2·26Q3 2026 Company: 2Q3·260123Q4 2024 Company: 2Q1 2025 Company: 1Q1·25Q2 2025 Company: 2Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 3Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 5 715 € · +22.4% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 1 890 €Q4·23Q1 2024 Company: 2 118 €Q2 2024 Company: 579 €Q2·24Q3 2024 Company: 3 997 €Q4 2024 Company: 3 920 €Q4·24Q1 2025 Company: 276 €Q2 2025 Company: 275 €Q2·25Q3 2025 Company: 659 €Q4 2025 Company: 884 €Q4·25Q1 2026 Company: 1 445 €Q2 2026 Company: 4 670 €Q2·26Q3 2026 Company: 5 715 €Q3·2602 0004 0006 000Q4 2024 Company: 3 920 €Q1 2025 Company: 276 €Q1·25Q2 2025 Company: 275 €Q3 2025 Company: 659 €Q3·25Q4 2025 Company: 884 €Q1 2026 Company: 1 445 €Q1·26Q2 2026 Company: 4 670 €Q3 2026 Company: 5 715 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 25 270 5 715 1 176 2
Q2 2026 24 746 4 670 619 3
Q1 2026 14 530 1 445 153 1
Q4 2025 3 619 884 402 1
Q3 2025 9 880 659 85 1
Q2 2025 4 470 275 81 2
Q1 2025 2 379 276 401 1
Q4 2024 15 550 3 920 1 575 2
Q3 2024 21 390 3 997 791 3
Q2 2024 5 106 579 64 2
Q1 2024 14 296 2 118 82 1
Q4 2023 15 422 1 890 362 1
Q3 2023 12 455 1 278 82 1
Q2 2023 13 612 1 215 434 1
Q1 2023 16 261 2 094 629 2
Q4 2022 14 693 676 502 2
Q3 2022 10 006 966 582 1
Q2 2022 9 278 1 427 107 1
Q1 2022 10 116 1 087 23 1
Labour taxes per employee per month
196 €
Turnover per employee in the quarter
12 635 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € 2025: 25 844 € · −45.2% vs 2024 · industry median 38 239 € · above 42% of the industry
020 00040 00060 00080 0002020 Company: 0 € Industry median: 35 421 €20202021 Company: 32 186 € Industry median: 38 300 €20212022 Company: 44 080 € Industry median: 39 550 €20222023 Company: 62 537 € Industry median: 37 270 €20232024 Company: 47 167 € Industry median: 37 693 €20242025 Company: 25 844 € Industry median: 38 239 €2025020 00040 00060 00080 0002020 Company: 0 € Industry median: 35 421 €2021 Company: 32 186 € Industry median: 38 300 €20212022 Company: 44 080 € Industry median: 39 550 €2023 Company: 62 537 € Industry median: 37 270 €20232024 Company: 47 167 € Industry median: 37 693 €2025 Company: 25 844 € Industry median: 38 239 €2025
  • 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, € 2025: -9 685 € · −236.0% vs 2024 · industry median 411 € · above 11% of the industry
-10 000-5 00005 00010 00015 0002020 Company: 0 € Industry median: 281 €20202021 Company: 5 757 € Industry median: 315 €20212022 Company: -4 827 € Industry median: 398 €20222023 Company: 12 600 € Industry median: 253 €20232024 Company: 7 120 € Industry median: 108 €20242025 Company: -9 685 € Industry median: 411 €2025-10 000-5 00005 00010 00015 0002020 Company: 0 € Industry median: 281 €2021 Company: 5 757 € Industry median: 315 €20212022 Company: -4 827 € Industry median: 398 €2023 Company: 12 600 € Industry median: 253 €20232024 Company: 7 120 € Industry median: 108 €2025 Company: -9 685 € Industry median: 411 €2025
  • 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, % 2025: -37.5 % · −52.6 pp vs the year before · industry median 3.5 % · above 8% of the industry
-40-20020402020 Company: — Industry median: 4.0 %20202021 Company: 17.9 % Industry median: 3.8 %20212022 Company: -11.0 % Industry median: 3.9 %20222023 Company: 20.1 % Industry median: 3.9 %20232024 Company: 15.1 % Industry median: 2.8 %20242025 Company: -37.5 % Industry median: 3.5 %2025-40-20020402020 Company: — Industry median: 4.0 %2021 Company: 17.9 % Industry median: 3.8 %20212022 Company: -11.0 % Industry median: 3.9 %2023 Company: 20.1 % Industry median: 3.9 %20232024 Company: 15.1 % Industry median: 2.8 %2025 Company: -37.5 % Industry median: 3.5 %2025
  • 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, € 2025: 22 175 € · −28.5% vs 2024
010 00020 00030 00040 0002020 Company: 0 €20202021 Company: 23 189 €20212022 Company: 27 986 €20222023 Company: 34 276 €20232024 Company: 31 010 €20242025 Company: 22 175 €2025010 00020 00030 00040 0002020 Company: 0 €2021 Company: 23 189 €20212022 Company: 27 986 €2023 Company: 34 276 €20232024 Company: 31 010 €2025 Company: 22 175 €2025
Equity, € 2025: 20 005 € · −32.6% vs 2024
010 00020 00030 0002020 Company: —20202021 Company: 14 798 €20212022 Company: 9 971 €20222023 Company: 22 570 €20232024 Company: 29 690 €20242025 Company: 20 005 €2025010 00020 00030 0002020 Company: —2021 Company: 14 798 €20212022 Company: 9 971 €2023 Company: 22 570 €20232024 Company: 29 690 €2025 Company: 20 005 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 1 Industry median: 22025
  • 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
2025 25 844 -9 685 6 700 22 175 20 005 1
2024 47 167 7 120 14 695 31 010 29 690 2
2023 62 537 12 600 10 455 34 276 22 570 1
2022 44 080 -4 827 9 727 27 986 9 971 2
2021 32 186 5 757 6 765 23 189 14 798 1
2020 0 0 0 0 — 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 2025

Net profit margin
-37.5 %
Net profit / revenue
Return on equity (ROE)
-48.4 %
Net profit / equity
Return on assets (ROA)
-43.7 %
Net profit / assets
Equity ratio
90.2 %
Equity / assets
Debt ratio
9.8 %
Liabilities / assets
Current ratio
8.35
Current assets / current liabilities
Revenue per employee
25 844 €
Revenue / average full-time employees
Labour cost per employee per month
558 €
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 5 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 Jan 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Feb 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 6 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 5 Mar 2022 Company’s own e-Äriregister
2020 23 Jan 2020 – 27 Jan 2020 18 Aug 2021 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

  • Marek Kiik
    Direct ownership · since 23 Jan 2020

Founders and other persons

  • Marek Kiik
    Founder · 2 500 € · 22 Jan 2020

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 43222Installation, maintenance and repair of plumbing and sanitary equipment
Rulings
Number, date Title Deadline State Document
Ä 50138083 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50138083 / M1
3 Mar 2023
Ruling to eliminate deficiencies in the annual report 2 Apr 2023 Deficiencies eliminated
6 Mar 2023
PDF
Ä 50138083
23 Jan 2020
First entry In force
23 Jan 2020
PDF

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