GM Invest OÜ

Active Registry code 16036557 OÜ Ülenurme alevik Registered 26 Aug 2020

GM Invest OÜ is a OÜ based in Ülenurme alevik, registry code 16036557, status: active. Main activity: Photographic activities. According to EMTA, turnover for Q3 2026 was €11 372 with 1 employees.

Turnover

11 372 €

↓ 21.4% vs Q2 2026

State taxes

2 803 €

↓ 8.8% vs Q2 2026

Labour taxes

1 157 €

↑ 9.8% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Other professional, scientific and technical activities · EMTAK 74

Turnover · Q3 2026 11 372 €

above 57% of companies

industry median 9 241 € · companies in the industry: 2 535
Labour taxes per employee 1 157 €

above 47% of companies

industry median 1 194 € · companies in the industry: 1 745
Revenue · 2025 93 034 €

above 92% of companies

industry median 6 586 € · companies in the industry: 7 527
Net profit margin · 2025 -1.9 %

above 28% of companies

industry median 10.4 % · companies in the industry: 5 370

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 11 372 € · −21.4% vs Q2 2026 · industry median 9 241 € · above 57% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 157 € · +9.8% vs Q2 2026 · industry median 1 194 € · above 47% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 2 803 € · −8.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	11 372	2 803	1 157	1
Q2 2026	14 463	3 075	1 054	1
Q1 2026	18 027	3 624	1 075	1
Q4 2025	20 548	3 502	1 085	1
Q3 2025	45 449	—	1 085	1
Q2 2025	20 160	3 163	1 085	1
Q1 2025	13 884	1 092	1 044	1
Q4 2024	16 130	3 146	963	1
Q3 2024	17 349	3 458	963	1
Q2 2024	13 313	1 918	963	1
Q1 2024	39 287	2 729	910	1
Q4 2023	18 888	2 864	806	1
Q3 2023	17 631	2 200	537	1
Q2 2023	10 360	2 167	806	1
Q1 2023	19 777	1 884	811	1
Q4 2022	2 103	772	820	1
Q3 2022	—	772	820	1
Q2 2022	—	780	820	1
Q1 2022	—	772	820	1

Labour taxes per employee per month

386 €

Turnover per employee in the quarter

11 372 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025

Revenue, € 2025: 93 034 € · +11.1% vs 2024 · industry median 6 586 € · above 92% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -1 783 € · +47.2% vs 2024 · industry median 107 € · above 16% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1.9 % · +2.1 pp vs the year before · industry median 10.4 % · above 28% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 34 905 € · +54.8% vs 2024

Equity, € 2025: 16 354 € · −9.8% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Other professional, scientific and technical activities (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	93 034	-1 783	14 225	34 905	16 354	1
2024	83 704	-3 376	13 254	22 554	18 137	1
2023	56 709	4 670	10 797	25 628	21 513	1
2022	42 386	6 792	10 949	18 536	16 844	1
2021	33 303	1 528	10 886	11 885	10 052	1
2020	15 970	6 024	3 629	10 024	8 524	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

-1.9 %

Net profit / revenue

Return on equity (ROE)

-10.9 %

Net profit / equity

Return on assets (ROA)

-5.1 %

Net profit / assets

Equity ratio

46.9 %

Equity / assets

Debt ratio

53.1 %

Liabilities / assets

Current ratio

0.85

Current assets / current liabilities

Revenue per employee

93 034 €

Revenue / average full-time employees

Labour cost per employee per month

1 185 €

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	9 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	10 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	15 Apr 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	15 Jun 2022	Company’s own	e-Äriregister
2020	26 Aug 2020 – 31 Dec 2020	25 Jun 2021	Company’s own	e-Äriregister

Board

Geil Otsar
Board member · since 26 Aug 2020
Mikk Otsar
Board member · since 26 Aug 2020

Right of representation

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

Owners

Mikk Otsar
Natural person · 2 500 €

100%

Beneficial owners

Mikk Otsar
Direct ownership · since 26 Aug 2020

Founders and other persons

Mikk Otsar
Founder · 2 500 € · 25 Aug 2020

Activities (EMTAK)

74201Photographic activities Main
62202Computer facilities management activities

Rulings 3

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50153170 / 3 14 Aug 2025	Amendment entry	In force 14 Aug 2025	PDF
Ä 50153170 / 2 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 50153170 26 Aug 2020	First entry	In force 26 Aug 2020	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data