Grey House Development OÜ

Active Registry code 16216446 OÜ Tallinn Registered 27 Apr 2021
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Grey House Development OÜ is a OÜ based in Tallinn, registry code 16216446, status: active. Main activity: Development of building projects. Its annual report for 2025 shows revenue of €0 and 0 employees.

Turnover
—
State taxes
79 €
↓ 96.0% vs Q3 2022
Labour taxes
0 €
↓ 100.0% vs Q3 2022
Employees
1
±0 vs Q3 2022

Q4 2022 · data from the Tax and Customs Board (EMTA)

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

  • Labour taxes per employee 0 €
    industry median 1 173 € · companies in the industry: 3 735
  • Revenue · 2025 0 €
    industry median 38 239 € · companies in the industry: 7 000

Taxes and turnover

Q1 2022 – Q4 2022
Labour taxes per employee, € Q4 2022: 0 € · −100.0% vs Q3 2022 · industry median 1 173 € · above 2% of the industry
05001 0001 5002 0002 500Q1 2022 Company: — Industry median: 1 021 €Q1·22Q2 2022 Company: — Industry median: 1 054 €Q2·22Q3 2022 Company: 2 059 € Industry median: 1 108 €Q3·22Q4 2022 Company: 0 € Industry median: 1 173 €Q4·2205001 0001 5002 0002 500Q1 2022 Company: — Industry median: 1 021 €Q2 2022 Company: — Industry median: 1 054 €Q2·22Q3 2022 Company: 2 059 € Industry median: 1 108 €Q4 2022 Company: 0 € Industry median: 1 173 €Q4·22
  • 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 Q4 2022: 1 · +0.0% vs Q3 2022
0.00.20.40.60.81.0Q1 2022 Company: 1Q1·22Q2 2022 Company: 1Q2·22Q3 2022 Company: 1Q3·22Q4 2022 Company: 1Q4·220.00.20.40.60.81.0Q1 2022 Company: 1Q2 2022 Company: 1Q2·22Q3 2022 Company: 1Q4 2022 Company: 1Q4·22
State taxes, € Q4 2022: 79 € · −96.0% vs Q3 2022
05001 0001 5002 000Q1 2022 Company: —Q1·22Q2 2022 Company: —Q2·22Q3 2022 Company: 1 986 €Q3·22Q4 2022 Company: 79 €Q4·2205001 0001 5002 000Q1 2022 Company: —Q2 2022 Company: —Q2·22Q3 2022 Company: 1 986 €Q4 2022 Company: 79 €Q4·22
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q4 2022 — 79 — 1
Q3 2022 — 1 986 2 059 1
Q2 2022 — — — 1
Q1 2022 — — — 1
Labour taxes per employee per month
0 €

Q4 2022 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € 2025: 0 € · industry median 38 239 € · above 5% of the industry
010 00020 00030 00040 0002021 Company: 12 240 € Industry median: 38 277 €20212022 Company: 9 534 € Industry median: 39 545 €20222023 Company: 300 € Industry median: 37 262 €20232024 Company: 0 € Industry median: 37 686 €20242025 Company: 0 € Industry median: 38 239 €2025010 00020 00030 00040 0002021 Company: 12 240 € Industry median: 38 277 €20212022 Company: 9 534 € Industry median: 39 545 €2023 Company: 300 € Industry median: 37 262 €20232024 Company: 0 € Industry median: 37 686 €2025 Company: 0 € 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: -4 354 € · −282.3% vs 2024 · industry median 410 € · above 16% of the industry
-6 000-4 000-2 00002 0004 0006 0002021 Company: 4 288 € Industry median: 315 €20212022 Company: 4 062 € Industry median: 398 €20222023 Company: -1 741 € Industry median: 253 €20232024 Company: -1 139 € Industry median: 108 €20242025 Company: -4 354 € Industry median: 410 €2025-6 000-4 000-2 00002 0004 0006 0002021 Company: 4 288 € Industry median: 315 €20212022 Company: 4 062 € Industry median: 398 €2023 Company: -1 741 € Industry median: 253 €20232024 Company: -1 139 € Industry median: 108 €2025 Company: -4 354 € Industry median: 410 €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, % 2022: 42.6 % · +7.6 pp vs the year before · industry median 3.9 % · above 89% of the industry
010203040502021 Company: 35.0 % Industry median: 3.8 %20212022 Company: 42.6 % Industry median: 3.9 %20222023 Company: — Industry median: 3.9 %20232024 Company: — Industry median: 2.8 %20242025 Company: — Industry median: 3.5 %2025010203040502021 Company: 35.0 % Industry median: 3.8 %20212022 Company: 42.6 % Industry median: 3.9 %2023 Company: — Industry median: 3.9 %20232024 Company: — Industry median: 2.8 %2025 Company: — 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, € thousand 2025: 105 193 € · −4.0% vs 2024
02550751001252021 Company: 11 242 €20212022 Company: 111 727 €20222023 Company: 110 686 €20232024 Company: 109 547 €20242025 Company: 105 193 €202502550751001252021 Company: 11 242 €20212022 Company: 111 727 €2023 Company: 110 686 €20232024 Company: 109 547 €2025 Company: 105 193 €2025
Equity, € 2025: 556 € · −88.7% vs 2024
02 5005 0007 50010 00012 5002021 Company: 6 788 €20212022 Company: 10 850 €20222023 Company: 9 109 €20232024 Company: 4 910 €20242025 Company: 556 €202502 5005 0007 50010 00012 5002021 Company: 6 788 €20212022 Company: 10 850 €2023 Company: 9 109 €20232024 Company: 4 910 €2025 Company: 556 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02021 Company: 1 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: 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 0 -4 354 0 105 193 556 0
2024 0 -1 139 0 109 547 4 910 0
2023 300 -1 741 0 110 686 9 109 0
2022 9 534 4 062 385 111 727 10 850 0
2021 12 240 4 288 3 896 11 242 6 788 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

Return on equity (ROE)
-783.1 %
Net profit / equity
Return on assets (ROA)
-4.1 %
Net profit / assets
Equity ratio
0.5 %
Equity / assets
Debt ratio
99.5 %
Liabilities / assets
Current ratio
1.01
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2026 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Sep 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 May 2023 Company’s own e-Äriregister
2021 27 Apr 2021 – 31 Dec 2021 18 Apr 2023 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

  • Erkki Malm
    Direct ownership · since 27 Apr 2021

Founders and other persons

  • Erkki Malm
    Founder · 2 500 € · 27 Apr 2021
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41101Development of building projects Main

Rulings 3

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50172515 / M1
17 Jul 2024
 Warning of deletion from the register: annual report not filed 20 Oct 2024 Deficiencies eliminated
24 Aug 2024
 PDF
Ä 50172515 / 2
3 Sep 2023
 Amendment entry In force
3 Sep 2023
 PDF
Ä 50172515
27 Apr 2021
 First entry In force
27 Apr 2021
 PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data