Glory Products OÜ

Active Registry code 16366239 OÜ Tallinn Registered 15 Nov 2021
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Glory Products OÜ is a OÜ based in Tallinn, registry code 16366239, status: active. Main activity: Other non-specialised retail sale. According to EMTA, turnover for Q3 2026 was €58 231 with employees.

Turnover
58 231 €
↓ 14.0% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 58 231 €
    industry median 23 652 € · companies in the industry: 7 652
  • Revenue · 2025 1.8 mn €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 52.6 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 58 231 € · −14.0% vs Q2 2026 · industry median 23 652 € · above 67% of the industry
020 00040 00060 00080 000Q4 2023 Company: 3 749 € Industry median: 26 822 €Q4·23Q1 2024 Company: 1 650 € Industry median: 23 246 €Q2 2024 Company: 2 999 € Industry median: 26 103 €Q2·24Q3 2024 Company: 11 780 € Industry median: 24 905 €Q4 2024 Company: 17 344 € Industry median: 25 283 €Q4·24Q1 2025 Company: 17 429 € Industry median: 21 556 €Q2 2025 Company: 20 385 € Industry median: 24 404 €Q2·25Q3 2025 Company: 19 333 € Industry median: 24 441 €Q4 2025 Company: 24 342 € Industry median: 23 532 €Q4·25Q1 2026 Company: 48 531 € Industry median: 20 253 €Q2 2026 Company: 67 714 € Industry median: 23 917 €Q2·26Q3 2026 Company: 58 231 € Industry median: 23 652 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 17 344 € Industry median: 25 283 €Q1 2025 Company: 17 429 € Industry median: 21 556 €Q1·25Q2 2025 Company: 20 385 € Industry median: 24 404 €Q3 2025 Company: 19 333 € Industry median: 24 441 €Q3·25Q4 2025 Company: 24 342 € Industry median: 23 532 €Q1 2026 Company: 48 531 € Industry median: 20 253 €Q1·26Q2 2026 Company: 67 714 € Industry median: 23 917 €Q3 2026 Company: 58 231 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q2 2026: 9 290 €
02 0004 0006 0008 00010 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 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: 9 290 €Q2·26Q3 2026 Company: —Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: 9 290 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 58 231 — — —
Q2 2026 67 714 9 290 — —
Q1 2026 48 531 — — —
Q4 2025 24 342 — — —
Q3 2025 19 333 — — —
Q2 2025 20 385 — — —
Q1 2025 17 429 — — —
Q4 2024 17 344 — — —
Q3 2024 11 780 — — —
Q2 2024 2 999 — — —
Q1 2024 1 650 — — —
Q4 2023 3 749 — — —
Q3 2023 12 401 2 909 — —
Q2 2023 105 080 463 — —
Q1 2023 91 872 — — —
Q4 2022 1 556 — — —
Q3 2022 239 — — —
Q2 2022 — — — —
Q1 2022 3 798 — — —

Financials by year

2022 – 2025
Revenue, € thousand 2025: 1 814 769 € · industry median 16 974 € · above 98% of the industry
05001 0001 5002 0002022 Company: 60 278 € Industry median: 22 891 €20222023 Company: 774 142 € Industry median: 20 218 €20232024 Company: 0 € Industry median: 18 875 €20242025 Company: 1 814 769 € Industry median: 16 974 €202505001 0001 5002 0002022 Company: 60 278 € Industry median: 22 891 €2023 Company: 774 142 € Industry median: 20 218 €20232024 Company: 0 € Industry median: 18 875 €2025 Company: 1 814 769 € Industry median: 16 974 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 954 099 € · +1 271.8% vs 2024 · industry median 0 € · above 98% of the industry
-25002505007501 0002022 Company: 36 540 € Industry median: 96 €20222023 Company: 285 164 € Industry median: 20 €20232024 Company: -81 425 € Industry median: 0 €20242025 Company: 954 099 € Industry median: 0 €2025-25002505007501 0002022 Company: 36 540 € Industry median: 96 €2023 Company: 285 164 € Industry median: 20 €20232024 Company: -81 425 € Industry median: 0 €2025 Company: 954 099 € Industry median: 0 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 52.6 % · industry median 1.3 % · above 94% of the industry
0204060802022 Company: 60.6 % Industry median: 2.8 %20222023 Company: 36.8 % Industry median: 2.2 %20232024 Company: — Industry median: 1.5 %20242025 Company: 52.6 % Industry median: 1.3 %20250204060802022 Company: 60.6 % Industry median: 2.8 %2023 Company: 36.8 % Industry median: 2.2 %20232024 Company: — Industry median: 1.5 %2025 Company: 52.6 % Industry median: 1.3 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 1 248 808 € · +398.8% vs 2024
02505007501 0001 2502022 Company: 67 669 €20222023 Company: 335 712 €20232024 Company: 250 340 €20242025 Company: 1 248 808 €202502505007501 0001 2502022 Company: 67 669 €2023 Company: 335 712 €20232024 Company: 250 340 €2025 Company: 1 248 808 €2025
Equity, € thousand 2025: 1 215 585 € · +408.0% vs 2024
02505007501 0001 2502022 Company: 46 540 €20222023 Company: 331 704 €20232024 Company: 239 279 €20242025 Company: 1 215 585 €202502505007501 0001 2502022 Company: 46 540 €2023 Company: 331 704 €20232024 Company: 239 279 €2025 Company: 1 215 585 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Retail 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 1 814 769 954 099 34 800 1 248 808 1 215 585 1
2024 0 -81 425 20 300 250 340 239 279 1
2023 774 142 285 164 — 335 712 331 704 0
2022 60 278 36 540 — 67 669 46 540 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
52.6 %
Net profit / revenue
Return on equity (ROE)
78.5 %
Net profit / equity
Return on assets (ROA)
76.4 %
Net profit / assets
Equity ratio
97.3 %
Equity / assets
Debt ratio
2.7 %
Liabilities / assets
Current ratio
37.59
Current assets / current liabilities
Revenue per employee
1 814 769 €
Revenue / average full-time employees
Labour cost per employee per month
2 900 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Nov 2024 – 31 Oct 2025 5 May 2026 Company’s own e-Äriregister
2024 1 Nov 2023 – 31 Oct 2024 28 Apr 2025 Company’s own e-Äriregister
2023 1 Nov 2022 – 31 Oct 2023 6 Mar 2024 Company’s own e-Äriregister
2022 15 Nov 2021 – 31 Oct 2022 22 Dec 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

  • Irek Josef Gronert
    Member of a senior management body (management or supervisory board) · ARE · since 19 May 2022

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47121Other non-specialised retail sale Main
Rulings
Number, date Title Deadline State Document
Ä 50188466 / 9
28 Oct 2025
Amendment entry In force
28 Oct 2025
PDF
Ä 50188466 / 8
1 Apr 2025
Amendment entry In force
1 Apr 2025
PDF
Ä 50188466 / 7
11 Nov 2024
Amendment entry In force
11 Nov 2024
PDF
Ä 50188466 / 6
4 Nov 2024
Amendment entry In force
4 Nov 2024
PDF
Ä 50188466 / M4
31 Oct 2024
Ruling to eliminate deficiencies 30 Nov 2024 Deficiencies eliminated
4 Nov 2024
PDF
Ä 50188466 / M3
29 Oct 2024
Ruling to eliminate deficiencies 28 Nov 2024 Deficiencies eliminated
4 Nov 2024
PDF
Ä 50188466 / M2
21 Oct 2024
Ruling to eliminate deficiencies 20 Nov 2024 Deficiencies eliminated
4 Nov 2024
PDF
Ä 50188466 / 5
29 May 2024
Amendment entry In force
29 May 2024
PDF
Ä 50188466 / 4
13 May 2022
Amendment entry In force
13 May 2022
PDF
Ä 50188466 / 3
12 May 2022
Amendment entry In force
12 May 2022
PDF
Ä 50188466 / M1
3 May 2022
Ruling to eliminate deficiencies 7 Jun 2022 Deficiencies eliminated
5 May 2022
PDF
Ä 50188466 / 2
27 Jan 2022
Amendment under Commercial Code § 525 (2) In force
27 Jan 2022
PDF
Ä 50188466
15 Nov 2021
First entry In force
15 Nov 2021
PDF

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