Grandman Invest OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	29.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	30.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	30.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	26.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	09.11.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	27.08.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	04.11.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	05.12.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	14.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	29.11.2011	Valid	PDF
2009	12.06.2009 – 31.12.2009	29.11.2011	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.11.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions1 Official announcements–TTJA decisions–Real estate1 .ee domains–Licenses–Regulations17 Public transactions–Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	14 787 €	5 961 €	66 894 €−13,4%	2
2026 Q2	15 707 €	5 638 €	77 244 €−8,6%	2
2026 Q1	19 070 €	5 148 €	84 516 €+12,9%	2
Total 2026:	49 564 €	16 747 €	228 654 €
2025 Q4	19 493 €	5 456 €	74 862 €+13,1%	2
2025 Q3	17 785 €	5 456 €	66 212 €−7,9%	2
2025 Q2	15 072 €	5 456 €	71 877 €−12,8%	2
2025 Q1	6 450 €	3 910 €	82 431 €+22,9%	2
Total 2025:	58 800 €	20 278 €	295 382 €
2024 Q4	0 €	3 063 €	67 089 €−7,3%	2
2024 Q3	3 322 €	3 007 €	72 348 €−5,6%	2
2024 Q2	15 034 €	2 903 €	76 661 €+11,3%	2
2024 Q1	10 837 €	2 707 €	68 870 €+17,2%	2
Total 2024:	29 193 €	11 680 €	284 968 €
2023 Q4	6 770 €	2 219 €	58 738 €+14,2%	1
2023 Q3	8 629 €	4 158 €	51 453 €−8,0%	1
2023 Q2	7 741 €	4 158 €	55 912 €−13,3%	1
2023 Q1	13 489 €	7 027 €	64 502 €+0,8%	1
Total 2023:	36 629 €	17 562 €	230 605 €
2022 Q4	10 495 €	6 998 €	63 991 €+19,1%	1
2022 Q3	13 404 €	6 243 €	53 720 €−8,8%	1
2022 Q2	12 272 €	7 135 €	58 902 €−11,0%	1
2022 Q1	14 342 €	6 980 €	66 173 €+25,4%	1
Total 2022:	50 513 €	27 356 €	242 786 €
2021 Q4	13 044,44 €	6 903,27 €	52 748,63 €+5,7%	1
2021 Q3	13 667,30 €	7 365,29 €	49 886,08 €+9,7%	1
2021 Q2	12 065,04 €	7 596,30 €	45 470,26 €−10,6%	2
2021 Q1	8 739,38 €	7 571,36 €	50 889,98 €+5,5%	3
Total 2021:	47 516,16 €	29 436,22 €	198 994,95 €
2020 Q4	9 663,56 €	7 157,66 €	48 240,97 €+21,6%	3
2020 Q3	4 777,83 €	2 797,17 €	39 672,49 €+3,2%	3
2020 Q2	7 211,56 €	2 414,14 €	38 424,39 €−28,3%	3
2020 Q1	7 107 €	1 030 €	53 554 €+6,3%	3
Total 2020:	28 759,95 €	13 398,97 €	179 891,85 €
2019 Q4	3 954 €	1 030 €	50 382 €+4,6%	1
2019 Q3	3 516 €	1 030 €	48 153 €−7,4%	1
2019 Q2	8 661 €	1 030 €	51 992 €−4,6%	1
2019 Q1	6 103 €	1 030 €	54 526 €+11,1%	1
Total 2019:	22 234 €	4 120 €	205 053 €
2018 Q4	6 807 €	1 162 €	49 081 €+7,0%	1
2018 Q3	6 817 €	1 047 €	45 864 €−6,4%	1
2018 Q2	4 915 €	1 047 €	49 000 €−5,4%	1
2018 Q1	6 513 €	964 €	51 775 €+5,1%	1
Total 2018:	25 052 €	4 220 €	195 720 €
2017 Q4	5 852 €	982 €	49 275 €+14,9%	1
2017 Q3	7 561 €	982 €	42 882 €−9,1%	1
2017 Q2	7 155 €	770 €	47 193 €−5,3%	1
2017 Q1	5 520 €	665 €	49 817 €+6,8%	1
Total 2017:	26 088 €	3 399 €	189 167 €
2016 Q4	5 361 €	665 €	46 624 €	1
2016 Q3	3 650 €	665 €	46 624 €	1
2016 Q2	2 596 €	665 €	46 624 €	1
2016 Q1	6 453 €	665 €	46 624 €	1
Total 2016:	18 060 €	2 660 €	186 496 €
2015 Q4	3 768 €	665 €	0 €	1
2015 Q3	3 132 €	665 €	0 €	1
2015 Q2	4 918 €	665 €	0 €	1
2015 Q1	6 486 €	670 €	0 €	1
Total 2015:	18 304 €	2 665 €	0 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate	227 324 €	262 015 €	290 989 €

Tax debts

No tax debt found

No tax debt as of 04.11.2026

Representatives

	Personal ID code
Merle Pals	47012XXXXXX	14.12.1970 (55)	Board member	01.09.2023	-
Indrek Pals	36908XXXXXX	30.08.1969 (57)	Board member	10.07.2009	-

17 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Shareholders

	Personal ID code
Indrek Pals	36908XXXXXX	30.08.1969 (57)	Shareholder	1 300 EUR	42,48%	Sole ownership	01.09.2023	-
Merle Pals	47012XXXXXX	14.12.1970 (55)	Shareholder	1 300 EUR	42,48%	Sole ownership	16.05.2025	-
SAOS Holding OÜ	11958261	21.06.2010 (16)	Shareholder	460 EUR	15,03%	Sole ownership	25.07.2025	-

17 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Other persons

	Personal ID code
Ärihalduse Grupp OÜ	11609750	12.03.2009 (17)	Founder	12.06.2009	-

17 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Merle Pals	47012XXXXXX	14.12.1970 (55)	Direct holding	13.05.2025	-
Indrek Pals	36908XXXXXX	30.08.1969 (57)	Direct holding	01.10.2018	-

17 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

2026 Q3

Turnover

Amount: 66 894 €
Monthly average: 22 298 €
Per employee: 11 149 €
Equity ratio: 728,69%

Labour taxes

Turnover ratio: 8,91%
Tax ratio: 40,31%
Monthly average: 1 987 €
Per employee: 994 €

State taxes

Monthly average: 4 929 €
Turnover ratio: 22,11%

Estimated salary

Gross salary: 1 887 €
Net salary: 1 573 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	114 060 €−1,4%	115 684 €+71,5%	67 468 €−10,3%	75 235 €−3,7%	78 120 €+3,8%	75 280 €+7,7%	69 907 €
Non-current assets	2 463 242 €+14,0%	2 160 578 €+20,7%	1 790 715 €−22,3%	2 303 575 €−0,3%	2 311 440 €−0,4%	2 319 828 €−0,1%	2 323 129 €
Total assets	2 577 302 €+13,2%	2 276 262 €+22,5%	1 858 183 €−21,9%	2 378 810 €−0,4%	2 389 560 €−0,2%	2 395 108 €+0,1%	2 393 036 €
Short-term liabilities	115 351 €+4,6%	110 318 €+235%	32 930 €−16,6%	39 489 €−12,8%	45 303 €+22,2%	37 062 €+81,0%	20 481 €
Long-term liabilities	533 748 €+21,6%	438 801 €+7 907%	5 480 €−53,9%	11 878 €−34,3%	18 087 €−45,0%	32 914 €+134%	14 048 €
Total liabilities	649 099 €+18,2%	549 119 €+1 330%	38 410 €−25,2%	51 367 €−19,0%	63 390 €−9,4%	69 976 €+103%	34 529 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 712 543 €−5,1%	1 805 172 €−22,0%	2 312 843 €+0,1%	2 311 570 €	2 310 532 €−1,4%	2 343 907 €+0,2%	2 338 190 €
Net profit	201 060 €+317%	-92 629 €+81,8%	-507 670 €−39 980%	1 273 €+22,6%	1 038 €+103%	-33 375 €−684%	5 717 €
Equity	1 928 203 €+11,6%	1 727 143 €−5,1%	1 819 773 €−21,8%	2 327 443 €+0,1%	2 326 170 €	2 325 132 €−1,4%	2 358 507 €
Turnover	290 989 €+11,1%	262 015 €+15,3%	227 324 €−4,4%	237 788 €+16,5%	204 063 €+13,4%	179 923 €−10,5%	200 983 €
Profit margin	69,1%	-35,4%	-223,3%	0,5%	0,5%	-18,5%	2,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	10 851 €	11 746 €
Liquidity
Current ratio	1,9	1,7
Quick ratio	1,9	1,7
Cash ratio	1,5	1,4
Efficiency
Days sales outstanding (dso)	23,9	26,3
Asset turnover	0,1	0,1
Structure
Debt ratio	0,0	0,0
Profitability
Operating margin	1,3%	1,6%
Net profit margin	0,5%	0,5%
Return on assets (roa)	0,1%	0,0%
Return on equity (roe)	0,1%	0,0%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

To view all financial ratios, you need to subscribe to extended access to the info portal!

3€ /monthGet started

Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10130677 / 13	25.07.2025	Entry – Amendment entry	-	Entered into force25.07.2025
Ä 10130677 / 12	16.05.2025	Entry – Amendment entry	-	Entered into force16.05.2025
Ä 10130677 / M4	14.05.2025	Directive order – Change of shareholders	24.05.2025	Deficiencies remedied16.05.2025
Ä 10130677 / 11	28.03.2025	Entry – Amendment entry	-	Entered into force28.03.2025
Ä 10130677 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023

Real estate

		Purpose
Kadaka tee 84a, Mustamäe linnaosa, Tallinn, Harju maakond	4635 m²	Industrial land 50%, Commercial land 50%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-23-634/5	Kohtu I astme menetlus	Court ruling	Company law	Ants Mailend	ECLI:EE:HMK:2023:2.23.634.6954	27.03.2023	Open

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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.