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Gren Eesti AS

Registry code (registrikood) 12114252Public limited company (Aktsiaselts)VAT EE101453611Activity (EMTAK 35129): Muu elektrienergia tootmine, k.a biomassistActive

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

Revenue (2025)
€28.4M
▼ 16.8% vs 2024
Profit before tax (2025)
-€10.3M
Employees, FTE (2025)
71
State taxes paid, last 4 quarters
€2.4M

Revenue, profit and employees, 2019–2025

€19.0M2019€16.2M2020€25.2M2021€35.9M2022€40.7M2023€34.1M2024€28.4M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€19,049,000€7,325,000€4,313,000€33,959,00054
2020€16,203,000€4,854,000€2,595,000€36,554,00054
2021€25,198,000€11,464,000€9,870,000€43,180,00050
2022€35,880,000€9,144,000€7,988,000€56,603,00050
2023€40,736,000€11,962,000€11,253,000€66,789,00071
2024€34,140,000€8,527,000€8,265,000€73,036,00071
2025€28,419,000€2,113,000-€10,322,000€64,305,00071

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€7,544,000€83,817,000€5,389,000€44,469,000€33,959,000
2020€11,498,000€85,507,000€4,484,000€44,469,000€36,554,000
2021€10,666,000€84,229,000€9,536,000€31,513,000€43,180,000
2022€12,912,000€99,152,000€11,036,000€31,513,000€56,603,000
2023€1,626,000€104,063,000€5,761,000€31,513,000€66,789,000
2024€769,000€129,786,000€5,022,000€51,728,000€73,036,000
2025€1,785,000€130,522,000€7,704,000€58,513,000€64,305,000

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€500,779€227,253€16,622,73559
2022 Q2€380,592€316,006€10,872,49863
2022 Q3€261,520€242,326€8,584,07363
2022 Q4€256,310€258,945€14,317,34165
2023 Q1€0€318,505€17,864,62666
2023 Q2€485,039€503,773€9,543,00169
2023 Q3€322,186€334,679€5,698,38366
2023 Q4€578,329€313,983€11,584,65269
2024 Q1€1,066,765€334,351€14,162,68272
2024 Q2€844,691€556,380€8,602,23570
2024 Q3€358,781€368,125€6,579,29769
2024 Q4€427,427€345,072€8,507,76968
2025 Q1€768,581€379,562€12,454,51267
2025 Q2€762,932€593,516€7,718,20970
2025 Q3€404,215€399,657€4,289,51569
2025 Q4€365,927€365,410€8,562,67270
2026 Q1€788,198€385,639€14,809,49671
2026 Q2€883,696€650,490€8,171,59669

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 Eesti AS reported revenue of €28,419,000.

The company recorded a net loss of €10,322,000 in the 2025 financial year.

Revenue decreased by 16.8% from €34,140,000 in 2024 to €28,419,000 in 2025.

Revenue grew at a compound annual rate of 6.9% between 2019 and 2025.

Equity accounted for 49.3% of total assets of €130,522,000 at the end of the 2025 reporting period.

With 71 full-time-equivalent employees in 2025, revenue per employee was €400,268.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, Gren Eesti AS reported €35,833,279 in turnover.

EMTA recorded 69 employees for the quarter ending Q2 2026, compared with 71 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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