Grovelake OÜ

Active Registry code 16709752 OÜ Tallinn Registered 4 Apr 2023
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Grovelake OÜ is a OÜ based in Tallinn, registry code 16709752, status: active. Main activity: Visitor flats. Its annual report for 2025 shows revenue of €8 760 and 0 employees.

Revenue
8 760 €
↑ 58.6% vs 2024
Employees
0
±0 vs 2024

2025 · annual report, e-Äriregister

Position in the industry Accommodation · EMTAK 55

  • Revenue · 2025 8 760 €
    industry median 12 949 € · companies in the industry: 2 211
  • Net profit margin · 2025 69.1 %
    industry median 3.6 % · companies in the industry: 1 824

Taxes and turnover

No tax data available. EMTA publishes data for those who paid state taxes, filed a VAT return or had employees in the quarter. New and small companies may be missing.

Financials by year

2023 – 2025
Revenue, € 2025: 8 760 € · +58.6% vs 2024 · industry median 12 949 € · above 41% of the industry
05 00010 00015 0002023 Company: 5 591 € Industry median: 13 864 €20232024 Company: 5 524 € Industry median: 13 526 €20242025 Company: 8 760 € Industry median: 12 949 €202505 00010 00015 0002023 Company: 5 591 € Industry median: 13 864 €20232024 Company: 5 524 € Industry median: 13 526 €2025 Company: 8 760 € Industry median: 12 949 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 6 052 € · +113.3% vs 2024 · industry median 94 € · above 78% of the industry
02 0004 0006 0008 0002023 Company: 3 629 € Industry median: 140 €20232024 Company: 2 837 € Industry median: 178 €20242025 Company: 6 052 € Industry median: 94 €202502 0004 0006 0008 0002023 Company: 3 629 € Industry median: 140 €20232024 Company: 2 837 € Industry median: 178 €2025 Company: 6 052 € Industry median: 94 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 69.1 % · +17.7 pp vs the year before · industry median 3.6 % · above 91% of the industry
0204060802023 Company: 64.9 % Industry median: 5.0 %20232024 Company: 51.4 % Industry median: 5.5 %20242025 Company: 69.1 % Industry median: 3.6 %20250204060802023 Company: 64.9 % Industry median: 5.0 %20232024 Company: 51.4 % Industry median: 5.5 %2025 Company: 69.1 % Industry median: 3.6 %2025
  • Company
  • Industry median

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

Assets, € 2025: 35 034 € · +20.1% vs 2024
010 00020 00030 00040 0002023 Company: 26 394 €20232024 Company: 29 179 €20242025 Company: 35 034 €2025010 00020 00030 00040 0002023 Company: 26 394 €20232024 Company: 29 179 €2025 Company: 35 034 €2025
Equity, € 2025: 15 018 € · +67.5% vs 2024
05 00010 00015 00020 0002023 Company: 6 129 €20232024 Company: 8 966 €20242025 Company: 15 018 €202505 00010 00015 00020 0002023 Company: 6 129 €20232024 Company: 8 966 €2025 Company: 15 018 €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: Accommodation (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 8 760 6 052 0 35 034 15 018 0
2024 5 524 2 837 0 29 179 8 966 0
2023 5 591 3 629 — 26 394 6 129 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
69.1 %
Net profit / revenue
Return on equity (ROE)
40.3 %
Net profit / equity
Return on assets (ROA)
17.3 %
Net profit / assets
Equity ratio
42.9 %
Equity / assets
Debt ratio
57.1 %
Liabilities / assets
Current ratio
1.63
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 2 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 4 Apr 2023 – 31 Dec 2023 21 Jun 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

Activities (EMTAK)

  • 55204Visitor flats Main

Rulings 2

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50225490 / 2
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50225490
4 Apr 2023
 First entry In force
4 Apr 2023
 PDF

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