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AS GRAANUL INVEST

Legal form:

Public limited company

Registry code:

10990825

VAT no.:

EE100868265

Fiscal-year period:

01.01 - 31.12

Established:

25.11.2003 (22)

Capital:

10 800 000 EUR

Address:

Humala tn 2, Haabersti linnaosa, Tallinn, Harju maakond, 10617

Status:

Registered

Contacts

Email:

info@graanulinvest.com

Phone:

+372 6699870

Website:

www.graanulinvest.ee

Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
16261 - Manufacture of solid fuels from plant biomass

VAT liability

	Start	End
EE100868265	15.12.2003

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	01.07.2025	Valid
2023	01.01.2023 - 31.12.2023	29.05.2024	Valid
2022	01.01.2022 - 31.12.2022	30.06.2023	Valid
2021	01.01.2021 - 31.12.2021	27.06.2022	Valid
2020	01.01.2020 - 31.12.2020	30.06.2021	Valid
2019	01.01.2019 - 31.12.2019	29.06.2020	Valid
2018	01.01.2018 - 31.12.2018	21.06.2019	Valid
2017	01.01.2017 - 31.12.2017	26.06.2018	Valid
2016	01.01.2016 - 31.12.2016	26.06.2017	Valid
2015	01.01.2015 - 31.12.2015	30.06.2016	Valid
2014	01.01.2014 - 31.12.2014	24.06.2015	Valid
2013	01.01.2013 - 31.12.2013	19.06.2014	Valid
2012	01.01.2012 - 31.12.2012	02.07.2013	Valid
2011	01.01.2011 - 31.12.2011	05.07.2012	Valid
2010	01.01.2010 - 31.12.2010	28.06.2011	Valid
2009	01.01.2009 - 31.12.2009	29.06.2010	Valid
2008	01.01.2008 - 31.12.2008	25.06.2009	Valid
2007	16.03.2007 - 31.12.2007	26.06.2008	Valid
2006	01.01.2006 - 31.12.2006	29.06.2007	Valid
2005	01.01.2005 - 31.12.2005	30.06.2006	Valid
2004	01.01.2004 - 31.12.2004	27.07.2005	Valid
2003	01.01.2003 - 31.12.2003	30.06.2004	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 06.06.2026.

???

Credit rating

Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	0 €	631 069 €	147 164 188 €113.5%	64
Kokku 2026:	0 €	631 069 €	147 164 188 €
2025 Q4	1 129 610 €	537 207 €	68 943 498 €238.3%	64
2025 Q3	541 467 €	548 001 €	20 378 525 €72.9%	63
2025 Q2	0 €	689 119 €	75 159 483 €27.5%	63
2025 Q1	0 €	598 121 €	103 736 006 €63.1%	63
Kokku 2025:	1 671 077 €	2 372 448 €	268 217 512 €9.2%
2024 Q4	0 €	517 822 €	63 592 078 €186.3%	68
2024 Q3	0 €	658 852 €	22 211 417 €70.6%	72
2024 Q2	0 €	650 704 €	75 566 951 €43.6%	70
2024 Q1	0 €	578 171 €	133 943 996 €178.0%	72
Kokku 2024:	0 €	2 405 549 €	295 314 442 €25.5%
2023 Q4	0 €	497 174 €	48 186 329 €44.2%	72
2023 Q3	0 €	864 021 €	86 361 626 €6.0%	72
2023 Q2	0 €	456 870 €	81 446 714 €54.8%	70
2023 Q1	0 €	529 057 €	180 279 341 €99.7%	69
Kokku 2023:	0 €	2 347 121 €	396 274 010 €25.8%
2022 Q4	0 €	527 536 €	90 258 993 €2.5%	68
2022 Q3	0 €	579 971 €	92 549 333 €79.1%	66
2022 Q2	0 €	431 552 €	51 678 487 €35.7%	65
2022 Q1	0 €	458 113 €	80 418 607 €16.6%	64
Kokku 2022:	0 €	1 997 172 €	314 905 419 €1.2%
2021 Q4	0 €	1 165 280 €	68 965 484 €52.6%	63
2021 Q3	0 €	417 228 €	45 195 626 €43.1%	61
2021 Q2	0 €	406 954 €	79 404 468 €36.6%	60
2021 Q1	0 €	582 243 €	125 164 993 €5.4%	70
Kokku 2021:	0 €	2 571 704 €	318 730 571 €42.3%
2020 Q4	0 €	411 247 €	132 337 496 €10.1%	71
2020 Q3	0 €	421 453 €	120 216 020 €10.3%	72
2020 Q2	0 €	495 653 €	134 071 473 €18.9%	76
2020 Q1	0 €	418 672 €	165 360 536 €21.9%	70
Kokku 2020:	0 €	1 747 024 €	551 985 526 €12.5%
2019 Q4	0 €	403 134 €	135 656 571 €32.6%	70
2019 Q3	0 €	448 111 €	102 293 120 €13.2%	69
2019 Q2	0 €	459 214 €	117 815 968 €12.8%	67
2019 Q1	0 €	375 397 €	135 087 242 €19.8%	67
Kokku 2019:	0 €	1 685 856 €	490 852 901 €45.7%
2018 Q4	0 €	341 885 €	112 805 962 €35.6%	68
2018 Q3	0 €	359 453 €	83 170 904 €1.7%	62
2018 Q2	0 €	402 534 €	81 787 521 €38.3%	61
2018 Q1	0 €	306 087 €	59 145 847 €20.3%	59
Kokku 2018:	0 €	1 409 959 €	336 910 234 €1.0%
2017 Q4	0 €	308 103 €	74 201 537 €0.2%	61
2017 Q3	0 €	284 731 €	74 020 038 €16.4%	64
2017 Q2	0 €	556 247 €	88 586 372 €8.4%	63
2017 Q1	0 €	256 293 €	96 674 814 €115.1%	61
Kokku 2017:	0 €	1 405 374 €	333 482 761 €74.7%
2016 Q4	0 €	244 334 €	44 944 649 €0.2%	60
2016 Q3	0 €	244 702 €	45 012 397 €25.8%	60
2016 Q2	0 €	329 648 €	60 637 924 €50.7%	60
2016 Q1	0 €	218 801 €	40 248 031 €3.5%	60
Kokku 2016:	0 €	1 037 485 €	190 843 001 €9.3%
2015 Q4	0 €	190 151 €	38 898 382 €1.1%	49
2015 Q3	0 €	188 138 €	38 486 666 €33.4%	49
2015 Q2	0 €	282 673 €	57 825 258 €46.6%	49
2015 Q1	0 €	192 855 €	39 451 694 €	49
Kokku 2015:	0 €	853 817 €	174 662 000 €

Revenue by industry

	2021	2022	2023
Manufacture of wooden household and decorative articles and other wood products	51 495 000 €	280 980 000 €	241 972 000 €
Wholesale of solid fuels	164 588 000 €

Tax debts

No tax debt found

No tax debt as of 06.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Mark Douglas James McConnell	-	01.09.1988 (37)	Board member	29.04.2026	-
Jaano Haidla	37101XXXXXX	17.01.1971 (55)	Board member	25.04.2025	-
Mihkel Jugaste	38712XXXXXX	02.12.1987 (38)	Board member	20.12.2022	-
Nicholas B Dottino	-	02.04.1967 (59)	Board member	20.12.2022	-
Rain Silivask	37307XXXXXX	09.07.1973 (52)	Board member	11.06.2007	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Cullinan Holdco SCSp	-	-	Shareholder	10 800 000,00 EUR	100	Sole ownership	16.08.2023	-

34 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
James Lai	-	23.09.1995 (30)	Supervisory-board member	20.03.2026	-
David Patrick Stangis	-	12.03.1965 (61)	Supervisory-board member	05.03.2026	-
Waleed Elgohary	HP076XXX	-	Supervisory-board member	17.10.2023	-
Raul Kirjanen	37606XXXXXX	13.06.1976 (49)	Supervisory-board member	27.01.2023	-
Bradley Regal Fierstein	-	21.11.1983 (42)	Chairman of the supervisory board	06.10.2021	-

14 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 8 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Waleed Elgohary	HP076XXX	-	Member of higher governing body (board or supervisory board)	01.09.2025	-
Claudiu Hortu	-	-	Member of higher governing body (board or supervisory board)	26.02.2025	-
Efisio Follesa	-	12.02.1982 (44)	Member of higher governing body (board or supervisory board)	09.02.2023	-
Fabien Emmanuel Morelli	-	31.10.1980 (45)	Member of higher governing body (board or supervisory board)	09.02.2023	-
Andres Rätsepp	37203XXXXXX	13.03.1972 (54)	Right to appoint or remove most executive or governing-body members	19.12.2021	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 6 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
OÜ Ebavere Graanul	04.03.2011	Shareholder	32 000,00 EUR	100	Sole ownership	02.10.2025	-
Graanul Varad OÜ	08.12.2017	Shareholder	2 500,00 EUR	100	Sole ownership	01.09.2023	-
OÜ Helme Graanul	15.10.2008	Shareholder	2 556,00 EUR	100	Sole ownership	16.08.2023	-
OÜ GRAANUL ENERGIA	24.09.2009	Shareholder	31 955,00 EUR	100	Sole ownership	16.08.2023	-
Graanul Hake AS	06.09.2007	Shareholder	28 070,00 EUR	100	Sole ownership	16.08.2023	-

30 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 6 rows

2026 Q1

Turnover

Amount

147 164 188 €

Monthly average

49 054 729 €

Per employee

766 480 €

Equity ratio

454,21%

Labour taxes

Turnover ratio

0,43%

Tax ratio

0,00%

Monthly average

210 356 €

Per employee

3 287 €

State taxes

Monthly average

0 €

Turnover ratio

0,00%

Estimated salary

Gross salary

5 776 €

Net salary

4 441 €

Aggregate data

	2023	2022	2021	2020	2019
Current assets	59 442 000 €6.0%	63 224 000 €21.6%	51 990 000 €1.7%	-	52 888 000 €
Non-current assets	220 159 008 €1.1%	222 563 008 €0.4%	221 619 008 €4.3%	-	231 692 000 €
Total assets	279 600 992 €2.2%	285 787 008 €4.5%	273 608 992 €0.8%	271 524 992 €4.6%	284 580 000 €
Short-term liabilities	54 668 000 €33.1%	81 751 000 €63.1%	50 113 000 €4.7%	-	52 608 000 €
Long-term liabilities	52 291 000 €11.7%	46 798 000 €58.3%	112 288 000 €48.0%	-	75 889 000 €
Total liabilities	106 959 000 €16.8%	128 549 000 €20.8%	162 401 000 €26.4%	-	128 497 000 €
Share or stock capital	10 800 000 €	10 800 000 €	10 800 000 €	-	10 800 000 €
Retained earnings	146 438 000 €45.8%	100 408 000 €248.2%	28 838 000 €72.0%	-	103 032 008 €
Net profit	15 404 000 €66.5%	46 030 000 €35.7%	71 570 000 €69.4%	-	42 251 000 €
Equity	172 642 000 €9.8%	157 238 000 €41.4%	111 208 000 €28.8%	-	156 083 008 €
Turnover	241 972 000 €13.9%	280 980 000 €30.0%	216 083 008 €38.0%	348 475 008 €9.1%	319 552 000 €
Profit margin	6.37%61.1%	16.38%50.5%	33.12%150.5%	0.00%	13.22%

Financial ratios

	2023	2022	2021	2019	2018
Profit and cash flow
EBITDA	XI ZSQ FCI	UP OIX HMF	NF ZZP ZPR	34 446 000	29 416 000
Liquidity
Current ratio	A.X	C.C	Z.H	1.0	0.9
Quick ratio	E.G	D.W	X.V	0.8	0.9
Cash ratio	M.V	J.F	E.Y	0.0	0.2
Efficiency
Days sales outstanding (dso)	DIK.H	TTP.P	FKQ.R	119.1	241.4
Asset turnover	C.H	A.I	S.G	1.2	1.0
Structure
Debt ratio	F.V	O.N	J.X	0.5	0.5
Profitability
Operating margin	B.X%	KZ.L%	Y.V%	8.3%	11.9%
Net profit margin	Q.U%	JQ.X%	ZC.H%	13.2%	19.0%
Return on assets (roa)	C.H%	VO.P%	DA.A%	16.2%	19.5%
Return on equity (roe)	I.N%	FL.W%	RQ.U%	27.1%	35.8%

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Licences & notices

Type	Number	Field	Status	Start	End
License	RVTL004133	Transport > Freight transport	Submitted	05.08.2016	04.08.2026
License	SLM16/1722	Frequency licences > Joint frequency licence	Valid	11.04.2016	10.04.2023

1 - 2 / 2 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10075988 / 37	29.04.2026	Entry - Amendment entry		Entered into force (29.04.2026)
Ä 10075988 / 36	25.04.2025	Entry - Amendment entry		Entered into force (25.04.2025)
Ä 10075988 / M7	09.06.2023	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	23.06.2023	Deficiencies remedied (14.06.2023)
Ä 10075988 / 35	16.02.2023	Entry - Amendment entry		Entered into force (16.02.2023)
Ä 10075988 / 34	20.12.2022	Entry - Amendment entry		Entered into force (20.12.2022)

1 - 5 / 50 rows

Real estate

Address	Area	Purpose
Kadastiku tee 8, Imavere küla, Järva vald, Järva maakond	139056 m²	Industrial land 100%
Suve, Patküla, Tõrva vald, Valga maakond	50048 m²	Agricultural land 100%

1 - 2 / 2 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date	Participants
2-16-1269/55	Civil case	Court judgment	Law of obligations	Imbi Sidok-Toomsalu, Ande Tänav, Reet Allikvere	ECLI:EE:TLRK:2017:2.16.1269.28799	14.12.2017

1 - 1 / 1 rows

Official announcements

Subject	Date
Notice of division of a company	30.12.2020
Notice of preparation of a division plan or conclusion of a division agreement	08.10.2020
Notice of granting or refusal of an air-pollution permit	29.11.2018
Notice of disclosure of the draft air-pollution permit	12.11.2018
Notice of initiation of proceedings for an air-pollution permit	08.10.2018

1 - 5 / 12 rows

Public transactions

Date	Party	Amount	Classification
07.05.2024	Tõstamaa Keskkool	3 702.09 € Received	OPERATING EXPENSES Shelter / lodging
01.04.2024	Tõstamaa Keskkool	4 125.19 € Received	OPERATING EXPENSES Shelter / lodging
06.03.2024	Tõstamaa Keskkool	3 926.08 € Received	OPERATING EXPENSES Shelter / lodging
09.02.2024	Tõstamaa Keskkool	4 006.97 € Received	OPERATING EXPENSES Shelter / lodging
26.01.2024	Tõstamaa Keskkool	3 683.42 € Received	OPERATING EXPENSES Shelter / lodging

1 - 5 / 9 rows

.ee domains

Domain	Status	Registered	Expires	End
graanulbioenergy.ee	Active	08.01.2021	09.01.2027	-
pellet.ee	Active	04.07.2010	09.07.2027	-
graanulinvest.ee	Active	04.07.2010	09.07.2027	-

1 - 3 / 3 rows

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