Gaznet Industrial Osaühing

Active Registry code 16364856 OÜ Tallinn Registered 12 Nov 2021
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Gaznet Industrial Osaühing is a OÜ based in Tallinn, registry code 16364856, status: active. Main activity: Manufacture of other special-purpose machinery n.e.c.. According to EMTA, turnover for Q3 2026 was €1 457 551 with 2 employees.

Turnover
1 457 551 €
↑ 8.0% vs Q2 2026
State taxes
46 125 €
↑ 8.0% vs Q2 2026
Labour taxes
4 800 €
Employees
2
−2 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

  • Turnover · Q3 2026 1.5 mn €
    industry median 130 544 € · companies in the industry: 217
  • Labour taxes per employee 2 400 €
    industry median 3 287 € · companies in the industry: 159
  • Revenue · 2025 2.9 mn €
    industry median 111 300 € · companies in the industry: 279
  • Net profit margin · 2025 0.2 %
    industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 457 551 € · +8.0% vs Q2 2026 · industry median 130 544 € · above 83% of the industry
05001 0001 500Q4 2023 Company: 8 516 € Industry median: 169 313 €Q4·23Q1 2024 Company: 772 095 € Industry median: 104 294 €Q2 2024 Company: 20 927 € Industry median: 149 915 €Q2·24Q3 2024 Company: 106 611 € Industry median: 116 819 €Q4 2024 Company: 868 € Industry median: 125 620 €Q4·24Q1 2025 Company: 750 591 € Industry median: 107 376 €Q2 2025 Company: 704 344 € Industry median: 120 320 €Q2·25Q3 2025 Company: 673 650 € Industry median: 113 462 €Q4 2025 Company: 1 296 245 € Industry median: 118 117 €Q4·25Q1 2026 Company: 141 733 € Industry median: 121 481 €Q2 2026 Company: 1 349 115 € Industry median: 134 270 €Q2·26Q3 2026 Company: 1 457 551 € Industry median: 130 544 €Q3·2605001 0001 500Q4 2024 Company: 868 € Industry median: 125 620 €Q1 2025 Company: 750 591 € Industry median: 107 376 €Q1·25Q2 2025 Company: 704 344 € Industry median: 120 320 €Q3 2025 Company: 673 650 € Industry median: 113 462 €Q3·25Q4 2025 Company: 1 296 245 € Industry median: 118 117 €Q1 2026 Company: 141 733 € Industry median: 121 481 €Q1·26Q2 2026 Company: 1 349 115 € Industry median: 134 270 €Q3 2026 Company: 1 457 551 € Industry median: 130 544 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 400 € · industry median 3 287 € · above 30% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 939 € Industry median: 2 757 €Q4·23Q1 2024 Company: 2 939 € Industry median: 2 612 €Q2 2024 Company: 2 939 € Industry median: 2 939 €Q2·24Q3 2024 Company: 2 939 € Industry median: 2 942 €Q4 2024 Company: 2 939 € Industry median: 2 826 €Q4·24Q1 2025 Company: 3 061 € Industry median: 3 204 €Q2 2025 Company: — Industry median: 3 161 €Q2·25Q3 2025 Company: — Industry median: 3 238 €Q4 2025 Company: — Industry median: 3 419 €Q4·25Q1 2026 Company: — Industry median: 3 110 €Q2 2026 Company: 0 € Industry median: 3 050 €Q2·26Q3 2026 Company: 2 400 € Industry median: 3 287 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 939 € Industry median: 2 826 €Q1 2025 Company: 3 061 € Industry median: 3 204 €Q1·25Q2 2025 Company: — Industry median: 3 161 €Q3 2025 Company: — Industry median: 3 238 €Q3·25Q4 2025 Company: — Industry median: 3 419 €Q1 2026 Company: — Industry median: 3 110 €Q1·26Q2 2026 Company: 0 € Industry median: 3 050 €Q3 2026 Company: 2 400 € Industry median: 3 287 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · −50.0% vs Q2 2026
01234Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: 4Q2·26Q3 2026 Company: 2Q3·2601234Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: 4Q3 2026 Company: 2Q3·26
State taxes, € thousand Q3 2026: 46 125 € · +8.0% vs Q2 2026
0255075100125Q4 2023 Company: 3 105 €Q4·23Q1 2024 Company: 2 210 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 11 561 €Q4 2024 Company: 2 811 €Q4·24Q1 2025 Company: 5 286 €Q2 2025 Company: 105 954 €Q2·25Q3 2025 Company: 74 444 €Q4 2025 Company: 54 494 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 42 715 €Q2·26Q3 2026 Company: 46 125 €Q3·260255075100125Q4 2024 Company: 2 811 €Q1 2025 Company: 5 286 €Q1·25Q2 2025 Company: 105 954 €Q3 2025 Company: 74 444 €Q3·25Q4 2025 Company: 54 494 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 42 715 €Q3 2026 Company: 46 125 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 457 551 46 125 4 800 2
Q2 2026 1 349 115 42 715 — 4
Q1 2026 141 733 — — —
Q4 2025 1 296 245 54 494 — —
Q3 2025 673 650 74 444 1 937 —
Q2 2025 704 344 105 954 2 081 —
Q1 2025 750 591 5 286 3 061 1
Q4 2024 868 2 811 2 939 1
Q3 2024 106 611 11 561 2 939 1
Q2 2024 20 927 — 2 939 1
Q1 2024 772 095 2 210 2 939 1
Q4 2023 8 516 3 105 2 939 1
Q3 2023 — 1 858 1 943 1
Q2 2023 5 550 1 078 — 1
Q1 2023 4 740 915 — —
Q4 2022 5 375 98 — —
Q3 2022 68 587 — — —
Q2 2022 109 775 12 098 — —
Q1 2022 109 327 8 833 — —
Labour taxes per employee per month
800 €
Turnover per employee in the quarter
728 776 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 2 889 105 € · +2 568.2% vs 2024 · industry median 111 300 € · above 83% of the industry
01 0002 0003 0002022 Company: 221 806 € Industry median: 131 130 €20222023 Company: 727 564 € Industry median: 122 716 €20232024 Company: 108 278 € Industry median: 128 580 €20242025 Company: 2 889 105 € Industry median: 111 300 €202501 0002 0003 0002022 Company: 221 806 € Industry median: 131 130 €2023 Company: 727 564 € Industry median: 122 716 €20232024 Company: 108 278 € Industry median: 128 580 €2025 Company: 2 889 105 € Industry median: 111 300 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 6 480 € · +101.8% vs 2024 · industry median 685 € · above 60% of the industry
-400-20002004006002022 Company: -4 124 € Industry median: 2 794 €20222023 Company: 460 966 € Industry median: 1 070 €20232024 Company: -368 972 € Industry median: 0 €20242025 Company: 6 480 € Industry median: 685 €2025-400-20002004006002022 Company: -4 124 € Industry median: 2 794 €2023 Company: 460 966 € Industry median: 1 070 €20232024 Company: -368 972 € Industry median: 0 €2025 Company: 6 480 € Industry median: 685 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.2 % · +341.0 pp vs the year before · industry median 3.0 % · above 34% of the industry
-400-300-200-10001002022 Company: -1.9 % Industry median: 4.6 %20222023 Company: 63.4 % Industry median: 4.9 %20232024 Company: -340.8 % Industry median: 3.3 %20242025 Company: 0.2 % Industry median: 3.0 %2025-400-300-200-10001002022 Company: -1.9 % Industry median: 4.6 %2023 Company: 63.4 % Industry median: 4.9 %20232024 Company: -340.8 % Industry median: 3.3 %2025 Company: 0.2 % Industry median: 3.0 %2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 776 598 € · +461.4% vs 2024
02004006008002022 Company: 24 135 €20222023 Company: 700 836 €20232024 Company: 138 331 €20242025 Company: 776 598 €202502004006008002022 Company: 24 135 €2023 Company: 700 836 €20232024 Company: 138 331 €2025 Company: 776 598 €2025
Equity, € thousand 2025: 94 350 € · +7.4% vs 2024
-10001002003004005002022 Company: -4 124 €20222023 Company: 456 842 €20232024 Company: 87 870 €20242025 Company: 94 350 €2025-10001002003004005002022 Company: -4 124 €2023 Company: 456 842 €20232024 Company: 87 870 €2025 Company: 94 350 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 8 · above 5% of the industry
024682022 Company: 0 Industry median: 820222023 Company: 1 Industry median: 720232024 Company: 1 Industry median: 820242025 Company: 1 Industry median: 82025024682022 Company: 0 Industry median: 82023 Company: 1 Industry median: 720232024 Company: 1 Industry median: 82025 Company: 1 Industry median: 82025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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 2 889 105 6 480 14 221 776 598 94 350 1
2024 108 278 -368 972 28 616 138 331 87 870 1
2023 727 564 460 966 17 632 700 836 456 842 1
2022 221 806 -4 124 0 24 135 -4 124 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
0.2 %
Net profit / revenue
Return on equity (ROE)
6.9 %
Net profit / equity
Return on assets (ROA)
0.8 %
Net profit / assets
Equity ratio
12.1 %
Equity / assets
Debt ratio
87.9 %
Liabilities / assets
Current ratio
1.08
Current assets / current liabilities
Revenue per employee
2 889 105 €
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 26 Aug 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 16 Jun 2024 Company’s own e-Äriregister
2022 12 Nov 2021 – 31 Dec 2022 20 Dec 2023 Company’s own e-Äriregister

Board

  • Kristjan Relvik
    Board member · since 12 Nov 2021
  • Taivo Velling
    Board member · since 12 Nov 2021
  • Nasdaq CSD SE
    Keeper of the share register · since 29 Mar 2025

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)

  • 28991Manufacture of other special-purpose machinery n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 50188324 / 5
29 Mar 2025
Amendment entry In force
29 Mar 2025
PDF
Ä 50188324 / M1
20 Dec 2023
Warning of deletion from the register: annual report not filed 24 Mar 2024 Deficiencies eliminated
21 Dec 2023
PDF
Ä 50188324 / 4
25 Sep 2023
Amendment entry In force
25 Sep 2023
PDF
Ä 50188324 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50188324 / 2
19 Apr 2023
Amendment entry In force
19 Apr 2023
PDF
Ä 50188324
12 Nov 2021
First entry In force
12 Nov 2021
PDF

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