Green Formula Capital OÜ

Active Registry code 16205626 OÜ Tallinn Registered 13 Apr 2021
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Green Formula Capital OÜ is a OÜ based in Tallinn, registry code 16205626, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €350 837 with employees.

Turnover
350 837 €
↑ 6.8% vs Q2 2026
State taxes
0 €
Labour taxes
1 694 €
↑ 4.4% vs Q2 2026
Employees
—

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 350 837 €
    industry median 13 705 € · companies in the industry: 4 338
  • Revenue · 2025 1.3 mn €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 40.5 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 350 837 € · +6.8% vs Q2 2026 · industry median 13 705 € · above 98% of the industry
0100200300400500Q4 2023 Company: 284 128 € Industry median: 15 091 €Q4·23Q1 2024 Company: 331 663 € Industry median: 14 762 €Q2 2024 Company: 355 212 € Industry median: 14 762 €Q2·24Q3 2024 Company: 277 887 € Industry median: 14 140 €Q4 2024 Company: 344 693 € Industry median: 15 052 €Q4·24Q1 2025 Company: 376 464 € Industry median: 14 703 €Q2 2025 Company: 402 611 € Industry median: 13 688 €Q2·25Q3 2025 Company: 389 969 € Industry median: 13 984 €Q4 2025 Company: 354 588 € Industry median: 14 505 €Q4·25Q1 2026 Company: 315 207 € Industry median: 14 237 €Q2 2026 Company: 328 493 € Industry median: 14 128 €Q2·26Q3 2026 Company: 350 837 € Industry median: 13 705 €Q3·260100200300400500Q4 2024 Company: 344 693 € Industry median: 15 052 €Q1 2025 Company: 376 464 € Industry median: 14 703 €Q1·25Q2 2025 Company: 402 611 € Industry median: 13 688 €Q3 2025 Company: 389 969 € Industry median: 13 984 €Q3·25Q4 2025 Company: 354 588 € Industry median: 14 505 €Q1 2026 Company: 315 207 € Industry median: 14 237 €Q1·26Q2 2026 Company: 328 493 € Industry median: 14 128 €Q3 2026 Company: 350 837 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2024: 3 894 € · +2.7% vs Q1 2024 · industry median 1 721 € · above 79% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 738 € Industry median: 1 639 €Q4·23Q1 2024 Company: 3 790 € Industry median: 1 650 €Q2 2024 Company: 3 894 € Industry median: 1 721 €Q2·24Q3 2024 Company: — Industry median: 1 700 €Q4 2024 Company: — Industry median: 1 679 €Q4·24Q1 2025 Company: — Industry median: 1 739 €Q2 2025 Company: — Industry median: 1 758 €Q2·25Q3 2025 Company: — Industry median: 1 758 €Q4 2025 Company: — Industry median: 1 758 €Q4·25Q1 2026 Company: — Industry median: 1 641 €Q2 2026 Company: — Industry median: 1 597 €Q2·26Q3 2026 Company: — Industry median: 1 649 €Q3·2605001 0001 5002 000Q4 2024 Company: — Industry median: 1 679 €Q1 2025 Company: — Industry median: 1 739 €Q1·25Q2 2025 Company: — Industry median: 1 758 €Q3 2025 Company: — Industry median: 1 758 €Q3·25Q4 2025 Company: — Industry median: 1 758 €Q1 2026 Company: — Industry median: 1 641 €Q1·26Q2 2026 Company: — Industry median: 1 597 €Q3 2026 Company: — Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2024: 1 · +0.0% vs Q1 2024
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 0 €
0.00.00.00.00.00.0Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €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: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €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 350 837 — 1 694 —
Q2 2026 328 493 — 1 622 —
Q1 2026 315 207 — 1 586 —
Q4 2025 354 588 — 1 586 —
Q3 2025 389 969 — 1 586 —
Q2 2025 402 611 — 1 586 —
Q1 2025 376 464 — 1 466 —
Q4 2024 344 693 — 1 343 —
Q3 2024 277 887 — 4 459 —
Q2 2024 355 212 — 3 894 1
Q1 2024 331 663 — 3 790 1
Q4 2023 284 128 — 3 738 1
Q3 2023 295 815 — 3 738 1
Q2 2023 317 909 — 2 551 1
Q1 2023 379 308 — 2 551 1
Q4 2022 343 625 — 2 551 1
Q3 2022 366 883 — 2 551 1
Q2 2022 324 040 — 2 409 1
Q1 2022 420 057 — 879 1

Financials by year

2021 – 2025
Revenue, € thousand 2025: 1 317 346 € · +3.5% vs 2024 · industry median 10 800 € · above 98% of the industry
05001 0001 5002021 Company: 301 321 € Industry median: 9 884 €20212022 Company: 1 373 164 € Industry median: 10 945 €20222023 Company: 1 237 340 € Industry median: 11 079 €20232024 Company: 1 272 798 € Industry median: 10 766 €20242025 Company: 1 317 346 € Industry median: 10 800 €202505001 0001 5002021 Company: 301 321 € Industry median: 9 884 €20212022 Company: 1 373 164 € Industry median: 10 945 €2023 Company: 1 237 340 € Industry median: 11 079 €20232024 Company: 1 272 798 € Industry median: 10 766 €2025 Company: 1 317 346 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 533 341 € · +1 291.2% vs 2024 · industry median 284 € · above 98% of the industry
02004006002021 Company: 13 454 € Industry median: 1 171 €20212022 Company: 70 505 € Industry median: 470 €20222023 Company: 246 280 € Industry median: 681 €20232024 Company: 38 338 € Industry median: 538 €20242025 Company: 533 341 € Industry median: 284 €202502004006002021 Company: 13 454 € Industry median: 1 171 €20212022 Company: 70 505 € Industry median: 470 €2023 Company: 246 280 € Industry median: 681 €20232024 Company: 38 338 € Industry median: 538 €2025 Company: 533 341 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 40.5 % · +37.5 pp vs the year before · industry median 22.0 % · above 62% of the industry
010203040502021 Company: 4.5 % Industry median: 35.7 %20212022 Company: 5.1 % Industry median: 27.6 %20222023 Company: 19.9 % Industry median: 28.4 %20232024 Company: 3.0 % Industry median: 25.0 %20242025 Company: 40.5 % Industry median: 22.0 %2025010203040502021 Company: 4.5 % Industry median: 35.7 %20212022 Company: 5.1 % Industry median: 27.6 %2023 Company: 19.9 % Industry median: 28.4 %20232024 Company: 3.0 % Industry median: 25.0 %2025 Company: 40.5 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 029 559 € · −22.8% vs 2024
05001 0001 5002021 Company: 108 159 €20212022 Company: 1 018 028 €20222023 Company: 1 297 245 €20232024 Company: 1 334 277 €20242025 Company: 1 029 559 €202505001 0001 5002021 Company: 108 159 €20212022 Company: 1 018 028 €2023 Company: 1 297 245 €20232024 Company: 1 334 277 €2025 Company: 1 029 559 €2025
Equity, € thousand 2025: 887 169 € · +150.7% vs 2024
02004006008001 0002021 Company: 16 704 €20212022 Company: 87 209 €20222023 Company: 315 489 €20232024 Company: 353 827 €20242025 Company: 887 169 €202502004006008001 0002021 Company: 16 704 €20212022 Company: 87 209 €2023 Company: 315 489 €20232024 Company: 353 827 €2025 Company: 887 169 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 1 317 346 533 341 96 404 1 029 559 887 169 1
2024 1 272 798 38 338 79 226 1 334 277 353 827 2
2023 1 237 340 246 280 74 701 1 297 245 315 489 2
2022 1 373 164 70 505 69 060 1 018 028 87 209 1
2021 301 321 13 454 3 495 108 159 16 704 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
40.5 %
Net profit / revenue
Return on equity (ROE)
60.1 %
Net profit / equity
Return on assets (ROA)
51.8 %
Net profit / assets
Equity ratio
86.2 %
Equity / assets
Debt ratio
13.8 %
Liabilities / assets
Current ratio
1.90
Current assets / current liabilities
Revenue per employee
1 317 346 €
Revenue / average full-time employees
Labour cost per employee per month
8 034 €
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 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 13 Jun 2023 Company’s own e-Äriregister
2021 13 Apr 2021 – 31 Dec 2021 7 Jun 2022 Company’s own e-Äriregister

Board

  • Aavo Koppel
    Board member · since 13 Apr 2021
  • Hannes Pihl
    Board member · since 13 Apr 2021
  • Meelis Šokman
    Board member · since 13 Apr 2021
  • Nasdaq CSD SE
    Keeper of the share register · since 22 Apr 2022

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
Rulings
Number, date Title Deadline State Document
Ä 50171374 / 4
7 Jun 2022
Amendment entry In force
7 Jun 2022
PDF
Ä 50171374 / 3
22 Apr 2022
Amendment entry In force
22 Apr 2022
PDF
Ä 50171374 / 2
19 Oct 2021
Amendment under Commercial Code § 525 (2) In force
19 Oct 2021
PDF
Ä 50171374
13 Apr 2021
First entry In force
13 Apr 2021
PDF

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