OÜ GLB Business

Active Registry code 14988529 OÜ Tallinn Registered 11 Jun 2020
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OÜ GLB Business is a OÜ based in Tallinn, registry code 14988529, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €192 555 with employees.

Turnover
192 555 €
↑ 11 987.6% vs Q2 2026
State taxes
0 €
Labour taxes
0 €
Employees
—

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 192 555 €
    industry median 60 065 € · companies in the industry: 6 941
  • Revenue · 2025 172 102 €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 6.3 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 192 555 € · +11 987.6% vs Q2 2026 · industry median 60 065 € · above 68% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 4 850 € Industry median: 69 842 €Q4·23Q1 2024 Company: 2 151 957 € Industry median: 60 423 €Q2 2024 Company: 416 911 € Industry median: 66 207 €Q2·24Q3 2024 Company: 0 € Industry median: 63 101 €Q4 2024 Company: 45 235 € Industry median: 65 867 €Q4·24Q1 2025 Company: 101 286 € Industry median: 59 713 €Q2 2025 Company: 0 € Industry median: 61 800 €Q2·25Q3 2025 Company: 9 873 € Industry median: 59 911 €Q4 2025 Company: 41 246 € Industry median: 59 583 €Q4·25Q1 2026 Company: 153 532 € Industry median: 53 954 €Q2 2026 Company: 1 593 € Industry median: 61 600 €Q2·26Q3 2026 Company: 192 555 € Industry median: 60 065 €Q3·26050100150200Q4 2024 Company: 45 235 € Industry median: 65 867 €Q1 2025 Company: 101 286 € Industry median: 59 713 €Q1·25Q2 2025 Company: 0 € Industry median: 61 800 €Q3 2025 Company: 9 873 € Industry median: 59 911 €Q3·25Q4 2025 Company: 41 246 € Industry median: 59 583 €Q1 2026 Company: 153 532 € Industry median: 53 954 €Q1·26Q2 2026 Company: 1 593 € Industry median: 61 600 €Q3 2026 Company: 192 555 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 0 €
020 00040 00060 00080 000Q4 2023 Company: 4 370 €Q4·23Q1 2024 Company: 67 456 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 8 888 €Q4 2024 Company: —Q4·24Q1 2025 Company: 0 €Q2 2025 Company: —Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·260.00.00.00.00.00.0Q4 2024 Company: —Q1 2025 Company: 0 €Q1·25Q2 2025 Company: —Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 192 555 — — —
Q2 2026 1 593 — — —
Q1 2026 153 532 — — —
Q4 2025 41 246 — — —
Q3 2025 9 873 — — —
Q2 2025 — — — —
Q1 2025 101 286 — — —
Q4 2024 45 235 — — —
Q3 2024 — 8 888 — —
Q2 2024 416 911 — — —
Q1 2024 2 151 957 67 456 — —
Q4 2023 4 850 4 370 — —
Q3 2023 — — — —
Q2 2023 2 322 623 — — —
Q1 2023 2 895 588 301 347 — —
Q4 2022 50 763 82 478 — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 172 102 € · −87.1% vs 2024 · industry median 63 691 € · above 61% of the industry
01 0002 0003 0004 0005 0002020 Company: 386 124 € Industry median: 67 913 €20202021 Company: 146 113 € Industry median: 71 656 €20212022 Company: 2 469 320 € Industry median: 75 397 €20222023 Company: 4 294 706 € Industry median: 63 715 €20232024 Company: 1 332 043 € Industry median: 60 216 €20242025 Company: 172 102 € Industry median: 63 691 €202501 0002 0003 0004 0005 0002020 Company: 386 124 € Industry median: 67 913 €2021 Company: 146 113 € Industry median: 71 656 €20212022 Company: 2 469 320 € Industry median: 75 397 €2023 Company: 4 294 706 € Industry median: 63 715 €20232024 Company: 1 332 043 € Industry median: 60 216 €2025 Company: 172 102 € Industry median: 63 691 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 10 865 € · −98.0% vs 2024 · industry median 127 € · above 71% of the industry
02004006002020 Company: 12 574 € Industry median: 906 €20202021 Company: 14 287 € Industry median: 1 415 €20212022 Company: 108 296 € Industry median: 889 €20222023 Company: 475 256 € Industry median: 370 €20232024 Company: 536 995 € Industry median: 134 €20242025 Company: 10 865 € Industry median: 127 €202502004006002020 Company: 12 574 € Industry median: 906 €2021 Company: 14 287 € Industry median: 1 415 €20212022 Company: 108 296 € Industry median: 889 €2023 Company: 475 256 € Industry median: 370 €20232024 Company: 536 995 € Industry median: 134 €2025 Company: 10 865 € Industry median: 127 €2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.3 % · −34.0 pp vs the year before · industry median 2.7 % · above 65% of the industry
010203040502020 Company: 3.3 % Industry median: 4.2 %20202021 Company: 9.8 % Industry median: 4.9 %20212022 Company: 4.4 % Industry median: 4.2 %20222023 Company: 11.1 % Industry median: 3.5 %20232024 Company: 40.3 % Industry median: 2.9 %20242025 Company: 6.3 % Industry median: 2.7 %2025010203040502020 Company: 3.3 % Industry median: 4.2 %2021 Company: 9.8 % Industry median: 4.9 %20212022 Company: 4.4 % Industry median: 4.2 %2023 Company: 11.1 % Industry median: 3.5 %20232024 Company: 40.3 % Industry median: 2.9 %2025 Company: 6.3 % Industry median: 2.7 %2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 223 103 € · +6.6% vs 2024
01 0002 0003 0002020 Company: 15 074 €20202021 Company: 29 361 €20212022 Company: 2 703 790 €20222023 Company: 1 746 719 €20232024 Company: 1 147 408 €20242025 Company: 1 223 103 €202501 0002 0003 0002020 Company: 15 074 €2021 Company: 29 361 €20212022 Company: 2 703 790 €2023 Company: 1 746 719 €20232024 Company: 1 147 408 €2025 Company: 1 223 103 €2025
Equity, € thousand 2025: 1 158 273 € · +0.9% vs 2024
02505007501 0001 2502020 Company: 15 074 €20202021 Company: 29 361 €20212022 Company: 135 157 €20222023 Company: 610 413 €20232024 Company: 1 147 408 €20242025 Company: 1 158 273 €202502505007501 0001 2502020 Company: 15 074 €2021 Company: 29 361 €20212022 Company: 135 157 €2023 Company: 610 413 €20232024 Company: 1 147 408 €2025 Company: 1 158 273 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Wholesale trade (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 172 102 10 865 0 1 223 103 1 158 273 0
2024 1 332 043 536 995 0 1 147 408 1 147 408 0
2023 4 294 706 475 256 0 1 746 719 610 413 0
2022 2 469 320 108 296 0 2 703 790 135 157 0
2021 146 113 14 287 0 29 361 29 361 0
2020 386 124 12 574 0 15 074 15 074 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
6.3 %
Net profit / revenue
Return on equity (ROE)
0.9 %
Net profit / equity
Return on assets (ROA)
0.9 %
Net profit / assets
Equity ratio
94.7 %
Equity / assets
Debt ratio
5.3 %
Liabilities / assets
Current ratio
18.87
Current assets / current liabilities

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 28 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Dec 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jun 2024 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 4 Dec 2023 Company’s own e-Äriregister
2020 11 Jun 2020 – 31 Dec 2020 9 May 2022 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46901Non-specialised wholesale trade Main
Rulings
Number, date Title Deadline State Document
Ä 50148110 / 4
28 Mar 2025
Amendment entry In force
28 Mar 2025
PDF
Ä 50148110 / M7
5 Sep 2024
Warning of deletion from the register: annual report not filed 9 Dec 2024 Deficiencies eliminated
3 Dec 2024
PDF
Ä 50148110 / M6
16 Jul 2024
Warning of deletion from the register: annual report not filed 19 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 50148110 / M5
22 May 2024
Repeated fine for not filing the report 6 Jun 2024 Deficiencies eliminated
20 Jun 2024
PDF
Ä 50148110 / M4
14 Feb 2024
Fine for not filing the report 16 Mar 2024 Deficiencies eliminated
20 Jun 2024
PDF
Ä 50148110 / 3
25 Jan 2024
Amendment entry In force
25 Jan 2024
PDF
Ä 50148110 / M3
19 Dec 2023
Warning of a fine: annual report not filed 18 Jan 2024 Deficiencies eliminated
20 Jun 2024
PDF
Ä 50148110 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50148110 / M2
10 May 2022
Procedural ruling 24 May 2022 In force
10 May 2022
PDF
Ä 50148110 / M1
28 Mar 2022
Warning of a fine: annual report not filed 27 Apr 2022 Deficiencies eliminated
9 May 2022
PDF
Ä 50148110
11 Jun 2020
First entry In force
11 Jun 2020
PDF

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