Grove Europe OÜ

Active Registry code 16692135 OÜ Tallinn Registered 9 Mar 2023
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Grove Europe OÜ is a OÜ based in Tallinn, registry code 16692135, status: active. Main activity: General cleaning of buildings. According to EMTA, turnover for Q3 2026 was €615 959 with employees.

Turnover
615 959 €
↑ 47.2% vs Q2 2026
State taxes
38 €
Labour taxes
0 €
Employees
—

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

Position in the industry Services to buildings and landscape activities · EMTAK 81

  • Turnover · Q3 2026 615 959 €
    industry median 16 771 € · companies in the industry: 1 556
  • Revenue · 2025 821 899 €
    industry median 14 963 € · companies in the industry: 3 986
  • Net profit margin · 2025 16.0 %
    industry median 6.1 % · companies in the industry: 3 195

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 615 959 € · +47.2% vs Q2 2026 · industry median 16 771 € · above 98% of the industry
0200400600800Q4 2023 Company: 190 606 € Industry median: 16 032 €Q4·23Q1 2024 Company: 33 615 € Industry median: 13 445 €Q2 2024 Company: 107 286 € Industry median: 14 542 €Q2·24Q3 2024 Company: 147 449 € Industry median: 17 344 €Q4 2024 Company: 174 790 € Industry median: 15 560 €Q4·24Q1 2025 Company: 114 304 € Industry median: 13 063 €Q2 2025 Company: 259 343 € Industry median: 14 450 €Q2·25Q3 2025 Company: 516 065 € Industry median: 16 859 €Q4 2025 Company: 479 543 € Industry median: 15 994 €Q4·25Q1 2026 Company: 247 701 € Industry median: 12 925 €Q2 2026 Company: 418 317 € Industry median: 15 445 €Q2·26Q3 2026 Company: 615 959 € Industry median: 16 771 €Q3·260200400600800Q4 2024 Company: 174 790 € Industry median: 15 560 €Q1 2025 Company: 114 304 € Industry median: 13 063 €Q1·25Q2 2025 Company: 259 343 € Industry median: 14 450 €Q3 2025 Company: 516 065 € Industry median: 16 859 €Q3·25Q4 2025 Company: 479 543 € Industry median: 15 994 €Q1 2026 Company: 247 701 € Industry median: 12 925 €Q1·26Q2 2026 Company: 418 317 € Industry median: 15 445 €Q3 2026 Company: 615 959 € Industry median: 16 771 €Q3·26
  • Company
  • Industry median

Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 38 €
010203040Q4 2023 Company: —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: —Q4 2025 Company: —Q4·25Q1 2026 Company: 0 €Q2 2026 Company: —Q2·26Q3 2026 Company: 38 €Q3·26010203040Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: 0 €Q1·26Q2 2026 Company: —Q3 2026 Company: 38 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 615 959 38 — —
Q2 2026 418 317 — — —
Q1 2026 247 701 — — —
Q4 2025 479 543 — — —
Q3 2025 516 065 — — —
Q2 2025 259 343 — — —
Q1 2025 114 304 — — —
Q4 2024 174 790 — — —
Q3 2024 147 449 — — —
Q2 2024 107 286 — — —
Q1 2024 33 615 — — —
Q4 2023 190 606 — — —
Q3 2023 228 026 — — —
Q2 2023 110 422 — — —

Financials by year

2023 – 2025
Revenue, € thousand 2025: 821 899 € · +75.0% vs 2024 · industry median 14 963 € · above 98% of the industry
02004006008001 0002023 Company: 501 849 € Industry median: 13 760 €20232024 Company: 469 661 € Industry median: 14 121 €20242025 Company: 821 899 € Industry median: 14 963 €202502004006008001 0002023 Company: 501 849 € Industry median: 13 760 €20232024 Company: 469 661 € Industry median: 14 121 €2025 Company: 821 899 € Industry median: 14 963 €2025
  • Company
  • Industry median

Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 131 250 € · +598.0% vs 2024 · industry median 384 € · above 98% of the industry
0501001502023 Company: 11 294 € Industry median: 382 €20232024 Company: 18 803 € Industry median: 306 €20242025 Company: 131 250 € Industry median: 384 €20250501001502023 Company: 11 294 € Industry median: 382 €20232024 Company: 18 803 € Industry median: 306 €2025 Company: 131 250 € Industry median: 384 €2025
  • Company
  • Industry median

Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 16.0 % · +12.0 pp vs the year before · industry median 6.1 % · above 65% of the industry
051015202023 Company: 2.3 % Industry median: 6.4 %20232024 Company: 4.0 % Industry median: 5.7 %20242025 Company: 16.0 % Industry median: 6.1 %2025051015202023 Company: 2.3 % Industry median: 6.4 %20232024 Company: 4.0 % Industry median: 5.7 %2025 Company: 16.0 % Industry median: 6.1 %2025
  • Company
  • Industry median

Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 161 585 € · +430.6% vs 2024
0501001502002023 Company: 11 474 €20232024 Company: 30 452 €20242025 Company: 161 585 €20250501001502002023 Company: 11 474 €20232024 Company: 30 452 €2025 Company: 161 585 €2025
Equity, € thousand 2025: 161 357 € · +435.9% vs 2024
0501001502002023 Company: 11 304 €20232024 Company: 30 107 €20242025 Company: 161 357 €20250501001502002023 Company: 11 304 €20232024 Company: 30 107 €2025 Company: 161 357 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Assets, € Equity, € Employees
2025 821 899 131 250 161 585 161 357 0
2024 469 661 18 803 30 452 30 107 0
2023 501 849 11 294 11 474 11 304 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
16.0 %
Net profit / revenue
Return on equity (ROE)
81.3 %
Net profit / equity
Return on assets (ROA)
81.2 %
Net profit / assets
Equity ratio
99.9 %
Equity / assets
Debt ratio
0.1 %
Liabilities / assets
Current ratio
708.71
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 3 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 Jan 2025 Company’s own e-Äriregister
2023 9 Mar 2023 – 31 Dec 2023 1 Jul 2024 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 81211General cleaning of buildings Main
  • 52261Organising and forwarding freight consignments
  • 73111Activities of advertising agencies
Rulings
Number, date Title Deadline State Document
Ä 50223553 / 3
9 Mar 2024
Amendment entry In force
9 Mar 2024
PDF
Ä 50223553 / 2
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50223553
9 Mar 2023
First entry In force
9 Mar 2023
PDF

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