AS Galv-Est

Legal form:: Public limited company
Registry code:: 10949863
VAT no.:: EE100830125
Fiscal-year period:: 01.01 - 31.12
Established:: 09.05.2003 (23 y)
Capital:: 600 000 EUR
Address:: Vana-Narva mnt 14, Kiiu alevik, Kuusalu vald, Harju maakond, 74604
Status:: Registered

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Contacts

Phone:: +372 56926657
Phone:: +372 6035770
Email:: galv-est@galv-est.ee

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Industries

MANUFACTURING
Manufacture of fabricated metal products, excl. machinery
Manufacture of metal structures
2511 – Manufacture of metal structures and parts of structures
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Office administration and other business support services
Business support service activities n.e.c.
82991 – Other business support service activities n.e.c.

Industry TOPNo. 9 of 167 companies

1.Exmet Services OÜ33.3M €
2.Aktsiaselts VMT Tehased21.2M €
3.Osaühing B&W Metall15.6M €
4.Solid OÜ12.1M €
5.YX-Fintemec OÜ9.5M €
6.OÜ Harmet Metall9.1M €
7.Osaühing Egesten Metallehitused8.4M €
8.OÜ Helmetal IMS7.6M €
9.AS Galv-Est7.2M €
10.osaühing FESMA ALU7M €

Main activity 2511 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100830125	22.05.2003	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	04.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	27.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	18.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	16.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	28.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	25.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	26.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	28.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	27.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	30.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	01.07.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	30.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	29.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	26.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	27.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	30.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	01.07.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	30.06.2004	Valid	PDF

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions4 Official announcements11 TTJA decisions–Real estate3 .ee domains2 Licenses–Regulations27 Public transactions12 Grants2 State aid8 Public procurement2 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	620 756 €	258 987 €	1,99 M €+11,2%	58
2026 Q2	658 047 €	238 869 €	1,79 M €+27,1%	59
2026 Q1	464 966 €	233 209 €	1,41 M €−30,3%	59
Total 2026:	1,74 M €	731 065 €	5,18 M €
2025 Q4	646 116 €	277 656 €	2,02 M €−1,2%	59
2025 Q3	658 497 €	282 998 €	2,04 M €−2,2%	59
2025 Q2	598 753 €	260 340 €	2,09 M €+4,7%	59
2025 Q1	433 028 €	245 132 €	1,99 M €−7,7%	57
Total 2025:	2,34 M €	1,07 M €	8,14 M €
2024 Q4	585 844 €	226 944 €	2,16 M €−8,1%	57
2024 Q3	485 339 €	269 637 €	2,35 M €+9,8%	57
2024 Q2	592 031 €	248 514 €	2,14 M €+19,4%	56
2024 Q1	447 060 €	258 181 €	1,79 M €−35,7%	58
Total 2024:	2,11 M €	1,00 M €	8,44 M €
2023 Q4	685 111 €	272 162 €	2,79 M €−1,6%	61
2023 Q3	598 206 €	287 265 €	2,83 M €+25,4%	62
2023 Q2	594 008 €	210 620 €	2,26 M €+7,5%	57
2023 Q1	425 290 €	214 837 €	2,10 M €−30,1%	57
Total 2023:	2,30 M €	984 884 €	9,98 M €
2022 Q4	535 092 €	219 336 €	3,01 M €+2,9%	58
2022 Q3	496 415 €	225 017 €	2,92 M €+1,6%	59
2022 Q2	492 885 €	201 787 €	2,87 M €+41,3%	56
2022 Q1	394 335 €	201 517 €	2,04 M €−9,4%	56
Total 2022:	1,92 M €	847 657 €	10,8 M €
2021 Q4	434 399,62 €	198 832,49 €	2,25 M €+7,8%	59
2021 Q3	447 453,54 €	220 185,65 €	2,08 M €+0,3%	64
2021 Q2	438 329,60 €	197 398,48 €	2,08 M €+44,1%	68
2021 Q1	328 847,14 €	177 288,57 €	1,44 M €−18,7%	61
Total 2021:	1,65 M €	793 705,19 €	7,85 M €
2020 Q4	488 774,69 €	167 966,18 €	1,77 M €+0,2%	58
2020 Q3	368 740,97 €	175 450,44 €	1,77 M €−4,9%	61
2020 Q2	415 487,74 €	181 186,34 €	1,86 M €+38,5%	57
2020 Q1	293 572 €	169 682 €	1,34 M €−34,2%	61
Total 2020:	1,57 M €	694 284,96 €	6,75 M €
2019 Q4	405 422 €	186 060 €	2,04 M €−3,9%	60
2019 Q3	478 890 €	196 238 €	2,13 M €+9,1%	71
2019 Q2	413 545 €	167 204 €	1,95 M €+58,5%	67
2019 Q1	364 913 €	176 631 €	1,23 M €−43,5%	66
Total 2019:	1,66 M €	726 133 €	7,35 M €
2018 Q4	387 289 €	156 795 €	2,18 M €+5,8%	60
2018 Q3	382 901 €	170 528 €	2,06 M €−0,2%	64
2018 Q2	447 498 €	156 163 €	2,06 M €+30,3%	64
2018 Q1	282 950 €	136 934 €	1,58 M €−16,7%	64
Total 2018:	1,50 M €	620 420 €	7,88 M €
2017 Q4	312 698 €	131 182 €	1,90 M €+22,3%	63
2017 Q3	296 234 €	135 834 €	1,55 M €−3,4%	61
2017 Q2	376 192 €	129 683 €	1,61 M €+30,8%	59
2017 Q1	230 523 €	121 253 €	1,23 M €+17,6%	61
Total 2017:	1,22 M €	517 952 €	6,29 M €
2016 Q4	281 194 €	127 124 €	1,05 M €−7,7%	62
2016 Q3	280 307 €	137 785 €	1,13 M €+10,6%	62
2016 Q2	312 499 €	124 620 €	1,02 M €+8,9%	62
2016 Q1	214 897 €	114 484 €	941 119 €−9,1%	62
Total 2016:	1,09 M €	504 013 €	4,14 M €
2015 Q4	346 957 €	123 612 €	1,04 M €−8,3%	62
2015 Q3	253 616 €	134 764 €	1,13 M €+13,4%	62
2015 Q2	272 710 €	118 864 €	995 979 €+10,3%	62
2015 Q1	195 514 €	107 780 €	903 102 €	62
Total 2015:	1,07 M €	485 020 €	4,06 M €

Revenue by industry

	2023	2024	2025
Manufacture of metal structures and parts of structures			6 826 883 €
Other business support service activities n.e.c.	475 766 €	371 298 €	391 390 €
Metal surface treatment and coating		6 362 104 €
Treatment and coating of metals	7 214 344 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Indrek Vodja	38709XXXXXX	20.09.1987 (39)	Board member	04.07.2022	-

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Shareholders

	Personal ID code
Aktsiaselts FRELOK	10041520	18.06.1996 (30)	Shareholder	200 000 EUR	33,33%	Sole ownership	16.08.2023	-
Aktsiaselts Viljandi Metall	10131766	30.01.1997 (29)	Shareholder	200 000 EUR	33,33%	Sole ownership	16.08.2023	-
AS Maru	10037062	22.05.1996 (30)	Shareholder	200 000 EUR	33,33%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Jaak Sulg	35303XXXXXX	06.03.1953 (73)	Chairman of the supervisory board	21.02.2023	-
Andrei Sidorov	36105XXXXXX	26.05.1961 (65)	Supervisory-board member	21.02.2023	-
Andrei Tšerkassov	36811XXXXXX	06.11.1968 (57)	Supervisory-board member	21.02.2023	-
Andres Piiber	36106XXXXXX	07.06.1961 (65)	Supervisory-board member	21.02.2023	-
Heiki Laiverik	36004XXXXXX	22.04.1960 (66)	Supervisory-board member	21.02.2023	-

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Ultimate beneficial owners

	Personal ID code
Indrek Vodja	38709XXXXXX	20.09.1987 (39)	Member of higher governing body (board or supervisory board)	16.05.2023	-
Ain Laiverik	36305XXXXXX	05.05.1963 (63)	Indirect holding	12.09.2018	-
Andrei Sidorov	36105XXXXXX	26.05.1961 (65)	Direct holding	12.09.2018	-
Andrei Tšerkassov	36811XXXXXX	06.11.1968 (57)	Direct holding	12.09.2018	-
Andres Piiber	36106XXXXXX	07.06.1961 (65)	Indirect holding	12.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 1 986 107 €
Monthly average: 662 036 €
Per employee: 11 414 €
Equity ratio: 110,34%

Labour taxes

Turnover ratio: 13,04%
Tax ratio: 41,72%
Monthly average: 86 329 €
Per employee: 1 476 €

State taxes

Monthly average: 206 919 €
Turnover ratio: 31,25%

Estimated salary

Gross salary: 2 709 €
Net salary: 2 191 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	2 584 302 €+4,7%	2 468 986 €−18,0%	3 010 053 €+4,6%	2 877 641 €+21,6%	2 366 449 €+30,4%	1 814 126 €−11,7%	2 053 497 €
Non-current assets	2 056 182 €−2,5%	2 109 272 €+52,2%	1 385 815 €+4,1%	1 331 053 €−5,7%	1 411 654 €−12,1%	1 605 954 €+2,7%	1 563 727 €
Total assets	4 640 484 €+1,4%	4 578 258 €+4,1%	4 395 868 €+4,4%	4 208 694 €+11,4%	3 778 103 €+10,5%	3 420 080 €−5,5%	3 617 224 €
Short-term liabilities	506 075 €−13,1%	582 195 €+21,9%	477 644 €+8,8%	439 060 €−0,1%	439 610 €+11,4%	394 623 €+3,8%	380 024 €
Long-term liabilities	192 102 €−9,1%	211 340 €+62,5%	130 093 €+9,5%	118 850 €+40,9%	84 343 €−46,8%	158 529 €−24,6%	210 336 €
Total liabilities	698 177 €−12,0%	793 535 €+30,6%	607 737 €+8,9%	557 910 €+6,5%	523 953 €−5,3%	553 152 €−6,3%	590 360 €
Share or stock capital	600 000 €	600 000 €	600 000 €	600 000 €	600 000 €	600 000 €	600 000 €
Retained earnings	2 628 028 €+11,3%	2 361 437 €+15,5%	2 044 090 €−15,8%	2 427 456 €+10,8%	2 190 234 €+29,6%	1 690 170 €+0,1%	1 688 311 €
Net profit	637 585 €−14,6%	746 592 €−30,1%	1 067 347 €+95,3%	546 634 €+41,2%	387 222 €−22,6%	500 064 €−24,4%	661 859 €
Equity	3 942 307 €+4,2%	3 784 723 €−0,1%	3 788 131 €+3,8%	3 650 784 €+12,2%	3 254 150 €+13,5%	2 866 928 €−5,3%	3 026 864 €
Turnover	7 218 273 €+7,2%	6 733 402 €−12,4%	7 690 110 €−0,8%	7 748 878 €+30,4%	5 943 691 €+12,9%	5 264 294 €−9,2%	5 795 793 €
Profit margin	8,8%	11,1%	13,9%	7,1%	6,5%	9,5%	11,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	890 617 €	712 195 €
Liquidity
Current ratio	6,6	5,4
Quick ratio	3,5	2,9
Cash ratio	2,1	1,9
Efficiency
Days sales outstanding (dso)	25,4	25,5
Asset turnover	1,9	1,7
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	7,4%	6,6%
Net profit margin	7,1%	6,5%
Return on assets (roa)	13,7%	10,8%
Return on equity (roe)	15,0%	11,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10072350 / 18	07.07.2023	Entry – Amendment entry	-	Entered into force07.07.2023
Ä 10072350 / M8	30.06.2023	Order to remedy deficiencies – Amendment entry	15.07.2023	Deficiencies remedied07.07.2023
Ä 10072350 / 17	04.07.2022	Entry – Amendment entry	-	Entered into force04.07.2022
Ä 10072350 / M7	27.06.2022	Directive order – Amendment entry	28.06.2022	Entered into force27.06.2022
Ä 10072350 / M6	02.07.2019	Order to remedy deficiencies for correcting extra-entry data	17.07.2019	Deficiencies remedied04.07.2019

Real estate

		Purpose
E. Ahrensi tn 12, Kuusalu alevik, Kuusalu vald, Harju maakondSpace: 28	1225 m²	Residential land 100%
Kuusalu tee 6, Kuusalu alevik, Kuusalu vald, Harju maakond	624 m²	Residential land 100%
Vana-Narva mnt 14, Kiiu alevik, Kuusalu vald, Harju maakond	36 081 m²	Industrial land 85%, Transport land 15%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-14-60230/4	Kohtu I astme menetlus	Court ruling	Law of obligations	Maili Tartu	ECLI:EE:PMK:2014:2.14.60230.27573	18.11.2014	Open
2-11-22026/8	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Donald Kiidjärv	ECLI:EE:TMK:2011:2.11.22026.22425	27.06.2011	Open
2-09-49651/19	Kohtu I astme menetlus	Court ruling	Law of obligations	Geete Lahi	ECLI:EE:VMK:2010:2.09.49651.41010	10.11.2010	Open
2-09-4448/3	Kohtu I astme menetlus	Court rulingBankruptcy ruling	Bankruptcy law	Marika Leimann	ECLI:EE:VMK:2009:2.09.4448.11477	13.03.2009	Open

Official announcements


Notice of granting or refusal of an integrated permit	28.08.2025	PDF
Notice of disclosure of the draft integrated permit	07.08.2025	PDF
Notice of initiation of proceedings for an integrated permit	07.07.2025	PDF
Notice of granting or refusal of an integrated permit	01.07.2024	PDF
Notice of disclosure of the draft integrated permit	13.06.2024	PDF

Public transactions


30.03.2026	Kliimaministeerium	8 675,20 €Received	OTHER GRANTSOther environmental protection, incl. administration
20.03.2026	AS Eesti Raudtee	2 224,56 €Received	OPERATING EXPENSESRail transport
28.07.2025	Osaühing TARTU VALLA HALDUS	947,05 €Received	OPERATING EXPENSESOther housing and municipal-services activities
21.10.2024	Tallinna Vangla	130,25 €Received	OPERATING EXPENSESManagement of detention facilities
08.07.2024	Tallinna Vangla	4 727,06 €Received	OPERATING EXPENSESManagement of detention facilities

Funded projects


Galv-Est AS ressursitõhususe investeeringud2021-2027.2.04.25-0425	(EK nr 2.6) Ring- ja ressursitõhusale majandusele ülemineku edendamineCF · Sihtasutus Keskkonnainvesteeringute Keskus	01.01.2026 – 31.12.20272021-2027	869 100 €support 40,1%	-	Funded
Galv-Est AS detailne energia- ja ressursiaudit2021-2027.2.04.25-0245	(EK nr 2.6) Ring- ja ressursitõhusale majandusele ülemineku edendamineCF · Sihtasutus Keskkonnainvesteeringute Keskus	29.05.2025 – 28.11.20262021-2027	18 100 €support 47,9%	18 100 €	Completed

State aid


30.03.2026	SA Keskkonnainvesteeringute KeskusAid measure 251911	EK grupierandi määrus 651/2014 Keskkonnakaitseks antav abi (artiklid 36 - 49) › Energiatõhususe meetmetesse (välja arvatud hoonete energiatõhusus) tehtavateks investeeringuteks ettenähtud abi (artikkel 38 alates 01.07.23)Grant	60 025 €	251911/2600001
30.03.2026	SA Keskkonnainvesteeringute KeskusAid measure 251914	Keskkonnakaitse (VTA) › MuuGrant	288 724,80 €	251914/2600006
26.06.2025	SA Keskkonnainvesteeringute KeskusAid measure 241700	Keskkonnakaitse (VTA) › MuuGrant	8 675,20 €	241700/2500010
17.09.2024	Tallinna TehnikaülikoolAid measure 221436	Muu › MuuGrant	600 €	221436/2400249
30.08.2023	Tallinna TehnikaülikoolAid measure 221436	Nõustamine VTA › Nõustamine VTAGrant	1 400 €	221436/2300211

Public procurement contracts


25.08.2026End 25.11.2027	Reference number 313632 · Hot_Dip_Galvanizing_Bath_with_Heating_System_galv_Est_Hasco_Contract	Angela CurtisContractor	815 047 €	Concluded
25.08.2026End 25.10.2027	Reference number 313633 · Electric Hot-Dip Galvanizing Bath Galv_Est_Hasco_Contract	Angela CurtisContractor	263 400 €	Concluded

.ee domains


galvest.ee	Active	04.07.2010	16.11.2026
galv-est.ee	Active	04.07.2010	16.11.2030

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.