GrandBaltic OÜ is a OÜ based in Tallinn, registry code 17031329, status: active. Main activity: Manufacture of knitted and crocheted apparel. Its annual report for 2025 shows revenue of €38 214 and 2 employees.
Turnover
—
State taxes
991 €
↓ 55.9%vs Q2 2026
Labour taxes
1 098 €
↓ 54.6%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of wearing apparel · EMTAK 14
Labour taxes per employee1 098 €
above 52% of companies
industry median 1 059 € · companies in the industry: 312
Revenue · 202538 214 €
above 79% of companies
industry median 6 431 € · companies in the industry: 830
Net profit margin · 2025-49.5 %
above 5% of companies
industry median 2.5 % · companies in the industry: 577
Taxes and turnover
Q3 2024 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 098 € · −54.6% vs Q2 2026 · industry median 1 059 € · above 52% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 991 € · −55.9% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
991
1 098
1
Q2 2026
—
2 245
2 417
1
Q1 2026
—
3 396
3 628
2
Q4 2025
—
2 931
3 148
3
Q3 2025
—
2 684
2 880
3
Q2 2025
—
2 805
2 997
2
Q1 2025
—
746
842
2
Q4 2024
—
745
840
1
Q3 2024
—
—
—
1
Labour taxes per employee per month
366 €
Q3 2026 · calculated from EMTA data
Financials by year
2024 – 2025
Revenue, € 2025: 38 214 € · +1.1% vs 2024 · industry median 6 431 € · above 79% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -18 926 € · −173.5% vs 2024 · industry median 2 € · above 2% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -49.5 % · −117.7 pp vs the year before · industry median 2.5 % · above 5% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 11 201 € · −58.6% vs 2024Equity, € 2025: 6 837 € · −73.5% vs 2024Employees2025: 2 · +100.0% vs 2024 · industry median 1 · above 60% of the industry
Company
Industry median
Industry: Manufacture of wearing apparel (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
38 214
-18 926
34 875
11 201
6 837
2
2024
37 809
25 762
4 850
27 035
25 763
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
Net profit margin
-49.5 %
Net profit / revenue
Return on equity (ROE)
-276.8 %
Net profit / equity
Return on assets (ROA)
-169.0 %
Net profit / assets
Equity ratio
61.0 %
Equity / assets
Debt ratio
39.0 %
Liabilities / assets
Current ratio
2.57
Current assets / current liabilities
Revenue per employee
19 107 €
Revenue / average full-time employees
Labour cost per employee per month
1 453 €
Labour costs / employees / 12 months (incl. employer taxes)
