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Gren Tartu AS

Registry code (registrikood) 10641763Public limited company (Aktsiaselts)VAT EE100660269Activity (EMTAK 35301): Auru ja konditsioneeritud õhuga varustamineActive

Tartu linn, Tartu County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€48.7M
▼ 5.9% vs 2024
Profit before tax (2025)
€12.1M
Employees, FTE (2025)
66
State taxes paid, last 4 quarters
€3.0M

Revenue, profit and employees, 2022–2025

€58.3M2022€71.8M2023€51.8M2024€48.7M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2022€58,345,073€11,756,881€11,640,301€129,354,70563
2023€71,784,136€23,263,747€22,520,336€148,583,43265
2024€51,772,007€13,570,205€13,703,194€159,212,79365
2025€48,742,523€13,158,019€12,064,917€173,428,78766

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2022€6,725,628€179,607,779€14,296,849€35,956,225€129,354,705
2023€5,090,911€172,296,940€7,323,458€16,390,050€148,583,432
2024€959,060€204,081,453€7,280,429€37,588,231€159,212,793
2025€308,261€202,526,772€9,292,737€19,805,248€173,428,787

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€93,403€63,457€370,17753
2022 Q2€364,524€78,933€4,713,74759
2022 Q3€974,451€200,021€13,295,94461
2022 Q4€947,835€307,765€17,946,11364
2023 Q1€1,690,369€329,262€30,096,96765
2023 Q2€1,623,420€471,775€15,901,54367
2023 Q3€828,859€366,762€8,447,78763
2023 Q4€1,949,883€310,041€16,468,11963
2024 Q1€2,600,950€318,763€24,472,24463
2024 Q2€1,492,071€501,519€12,432,65665
2024 Q3€363,578€366,374€7,622,25865
2024 Q4€1,238,729€346,195€13,236,69064
2025 Q1€2,087,604€359,309€20,073,63264
2025 Q2€1,546,988€545,528€14,997,05265
2025 Q3€491,042€395,292€7,885,83065
2025 Q4€1,369,612€381,271€16,631,30068
2026 Q1€0€377,868€26,920,15368
2026 Q2€1,115,784€576,883€14,177,70067

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), Gren Tartu AS reported revenue of €48,742,523.

The company closed the 2025 financial year with a net profit of €12,064,917.

Revenue decreased by 5.9% from €51,772,007 in 2024 to €48,742,523 in 2025.

Revenue grew at a compound annual rate of -5.8% between 2022 and 2025.

Equity accounted for 85.6% of total assets of €202,526,772 at the end of the 2025 reporting period.

With 66 full-time-equivalent employees in 2025, revenue per employee was €738,523.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, Gren Tartu AS reported €65,614,983 in turnover.

EMTA recorded 67 employees for the quarter ending Q2 2026, compared with 66 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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