GRK Eesti AS

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	19.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	31.03.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.03.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	04.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	23.03.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	03.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	15.04.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	15.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	02.05.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	10.04.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	13.04.2016	Valid	PDF
2014	05.12.2013 – 31.12.2014	30.04.2015	Valid	PDF

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Tax debt Reports Declarations Court decisions3 Official announcements53 TTJA decisions–Real estate1 .ee domains1 Licenses7 Regulations33 Public transactions603 Grants–State aid3 Public procurement95 Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1,71 M €	811 483 €	15,0 M €−59,1%	106
2026 Q2	7,86 M €	1,75 M €	36,7 M €+5,5%	113
2026 Q1	4,95 M €	730 828 €	34,8 M €+24,8%	107
Total 2026:	14,5 M €	3,29 M €	86,5 M €
2025 Q4	1,99 M €	765 134 €	27,9 M €+22,3%	111
2025 Q3	930 695 €	804 663 €	22,8 M €+74,3%	111
2025 Q2	1,13 M €	1,19 M €	13,1 M €−64,3%	112
2025 Q1	4,46 M €	647 218 €	36,7 M €+56,1%	113
Total 2025:	8,51 M €	3,41 M €	100,4 M €
2024 Q4	1,99 M €	603 846 €	23,5 M €+52,0%	110
2024 Q3	827 269 €	606 984 €	15,4 M €+0,5%	100
2024 Q2	1,19 M €	807 389 €	15,4 M €+3,5%	96
2024 Q1	1,79 M €	488 221 €	14,8 M €+12,3%	92
Total 2024:	5,80 M €	2,51 M €	69,1 M €
2023 Q4	1,10 M €	492 240 €	13,2 M €+21,6%	86
2023 Q3	440 319 €	412 374 €	10,9 M €−24,0%	76
2023 Q2	2,04 M €	431 858 €	14,3 M €+57,6%	72
2023 Q1	1,14 M €	358 316 €	9,07 M €−37,1%	68
Total 2023:	4,72 M €	1,69 M €	47,4 M €
2022 Q4	568 821 €	360 584 €	14,4 M €+1,0%	72
2022 Q3	377 491 €	398 542 €	14,3 M €+23,8%	72
2022 Q2	309 006 €	325 294 €	11,5 M €+13,3%	75
2022 Q1	873 627 €	293 228 €	10,2 M €−30,6%	75
Total 2022:	2,13 M €	1,38 M €	50,4 M €
2021 Q4	309 391,04 €	289 145,96 €	14,7 M €+15,2%	74
2021 Q3	751 041,92 €	273 278,72 €	12,7 M €+48,3%	63
2021 Q2	319 165,89 €	344 664,23 €	8,60 M €+2,4%	66
2021 Q1	606 606 €	188 795,38 €	8,39 M €+33,3%	53
Total 2021:	1,99 M €	1,10 M €	44,4 M €
2020 Q4	329 559,65 €	190 627,39 €	6,30 M €−6,6%	44
2020 Q3	483 769,35 €	257 254,02 €	6,74 M €+109%	47
2020 Q2	233 067,37 €	193 780,84 €	3,22 M €+0,5%	56
2020 Q1	354 735 €	195 516 €	3,20 M €−64,6%	48
Total 2020:	1,40 M €	837 178,25 €	19,5 M €
2019 Q4	253 181 €	250 747 €	9,05 M €+24,7%	42
2019 Q3	187 396 €	202 367 €	7,25 M €+217%	55
2019 Q2	132 177 €	112 993 €	2,29 M €−51,2%	43
2019 Q1	144 469 €	118 375 €	4,69 M €−34,0%	25
Total 2019:	717 223 €	684 482 €	23,3 M €
2018 Q4	464 349 €	147 297 €	7,10 M €+10,2%	19
2018 Q3	163 371 €	124 967 €	6,45 M €+55,3%	29
2018 Q2	226 976 €	66 070 €	4,15 M €+130%	31
2018 Q1	208 278 €	58 503 €	1,80 M €−7,4%	20
Total 2018:	1,06 M €	396 837 €	19,5 M €
2017 Q4	157 193 €	98 822 €	1,95 M €−55,5%	16
2017 Q3	91 172 €	99 269 €	4,38 M €+33,2%	24
2017 Q2	129 864 €	70 535 €	3,29 M €+106%	30
2017 Q1	66 808 €	53 637 €	1,59 M €+42,8%	21
Total 2017:	445 037 €	322 263 €	11,2 M €
2016 Q4	172 039 €	58 206 €	1,12 M €+14,0%	14
2016 Q3	122 821 €	51 047 €	978 315 €+16,5%	14
2016 Q2	60 546 €	43 813 €	839 667 €+12,6%	14
2016 Q1	36 084 €	38 906 €	745 624 €−33,7%	14
Total 2016:	391 490 €	191 972 €	3,68 M €
2015 Q4	62 984 €	46 986 €	1,12 M €+6,6%	10
2015 Q3	85 641 €	44 070 €	1,05 M €+34,6%	10
2015 Q2	78 671 €	32 747 €	783 346 €+19,9%	10
2015 Q1	25 250 €	27 308 €	653 237 €	10
Total 2015:	252 546 €	151 111 €	3,61 M €

Revenue by industry

	2023	2024	2025
Construction of railways and underground railways		51 865 404 €	59 023 212 €
Construction of roads and motorways		15 471 679 €	27 512 888 €
Bridge and tunnel construction	1 897 674 €	4 596 237 €	6 992 657 €
Construction of roads and motorways	38 640 884 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Tiit Roben	36601XXXXXX	05.01.1966 (60)	Board member	20.09.2023	-
Johanna Maria Katarina Korhonen	47605XXXXXX	11.05.1976 (50)	Board member	05.12.2013	-

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Shareholders

	Personal ID code
GRK Infra Oyj	FI053XXXXX	-	Shareholder	30 000 EUR	100,00%	Sole ownership	05.05.2025	-

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Other persons

	Personal ID code
Perttu Aleksi Piilo	37511XXXXXX	12.11.1975 (50)	Supervisory-board member	03.09.2026	-
Mika Matias Mäenpää	37612XXXXXX	13.12.1976 (49)	Supervisory-board member	24.09.2025	-
Keijo Juhani Haavikko	36303XXXXXX	15.03.1963 (63)	Chairman of the supervisory board	18.09.2025	-
Lauri Kikerpill	37604XXXXXX	16.04.1976 (50)	Supervisory-board member	18.09.2025	-
Mikko Johannes Nyhä	37206XXXXXX	10.06.1972 (54)	Supervisory-board member	18.09.2025	-

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Ultimate beneficial owners

	Personal ID code
Keijo Juhani Haavikko	36303XXXXXX	15.03.1963 (63)	Member of higher governing body (board or supervisory board)	19.10.2018	-

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Holdings in companies


A-Kaabel OÜ	27.04.2005	Shareholder	6 388 EUR	100,00%	Sole ownership	29.01.2026	-

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2026 Q3

Turnover

Amount: 15 025 338 €
Monthly average: 5 008 446 €
Per employee: 47 249 €
Equity ratio: 16 694,82%

Labour taxes

Turnover ratio: 5,40%
Tax ratio: 47,50%
Monthly average: 270 494 €
Per employee: 2 470 €

State taxes

Monthly average: 569 519 €
Turnover ratio: 11,37%

Estimated salary

Gross salary: 4 406 €
Net salary: 3 467 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	56 728 868 €+44,1%	39 367 920 €+108%	18 918 224 €+114%	8 856 208 €−14,7%	10 382 464 €+98,2%	5 238 902 €−1,4%	5 315 592 €
Non-current assets	7 187 395 €+58,8%	4 527 431 €+107%	2 186 907 €−0,8%	2 204 121 €+78,2%	1 237 001 €−7,2%	1 333 442 €−5,7%	1 413 627 €
Total assets	63 916 264 €+45,6%	43 895 352 €+108%	21 105 132 €+90,8%	11 060 329 €−4,8%	11 619 465 €+76,8%	6 572 344 €−2,3%	6 729 219 €
Short-term liabilities	42 620 212 €+30,4%	32 690 248 €+83,8%	17 782 624 €+113%	8 347 515 €−6,4%	8 915 533 €+91,3%	4 659 656 €−19,6%	5 795 885 €
Long-term liabilities	10 455 536 €+62,7%	6 426 814 €+618%	895 416 €−34,5%	1 367 300 €+86,5%	732 988 €−18,3%	896 999 €−15,5%	1 061 010 €
Total liabilities	53 075 748 €+35,7%	39 117 062 €+109%	18 678 040 €+92,3%	9 714 815 €+0,7%	9 648 521 €+73,6%	5 556 655 €−19,0%	6 856 895 €
Share or stock capital	30 000 €	30 000 €	30 000 €	30 000 €	30 000 €	30 000 €	30 000 €
Retained earnings	1 220 290 €+208%	-1 130 909 €+48,9%	-2 212 486 €−342%	912 945 €+2 258%	-42 311 €+95,8%	-1 005 676 €−238%	-297 915 €
Net profit	6 062 224 €+158%	2 351 199 €+117%	1 081 577 €+135%	-3 125 431 €−427%	955 255 €−0,8%	963 365 €+236%	-707 761 €
Equity	10 840 514 €+127%	4 778 290 €+96,9%	2 427 091 €+80,4%	1 345 514 €−31,7%	1 970 944 €+94,0%	1 015 689 €+896%	-127 676 €
Turnover	93 933 376 €+30,2%	72 146 520 €+78,0%	40 538 560 €−16,9%	48 768 984 €+15,9%	42 072 032 €+102%	20 797 312 €−8,8%	22 806 088 €
Profit margin	6,5%	3,3%	2,7%	-6,4%	2,3%	4,6%	-3,1%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-2 774 713 €	1 192 832 €
Liquidity
Current ratio	1,1	1,2
Quick ratio	1,0	1,1
Cash ratio	0,2	0,3
Efficiency
Days sales outstanding (dso)	53,8	45,0
Asset turnover	4,3	4,6
Structure
Debt ratio	0,9	0,8
Profitability
Operating margin	-6,3%	2,3%
Net profit margin	-6,4%	2,3%
Return on assets (roa)	-27,6%	10,5%
Return on equity (roe)	-232,3%	48,5%

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Licences & notices


Notice of economic activity	TEL004433	Electrical works	Valid	09.05.2023	-
Notice of economic activity	EEP004560	Design / engineering	Valid	15.03.2021	-
License	SLM19/1700	Frequency licences	Valid	10.04.2019	09.04.2023
Notice of economic activity	EEH007872	Construction	Valid	01.09.2014	-
Notice of economic activity	EEH007740	Construction	Valid	30.06.2014	-

Regulations


Ä 20065983 / M11	22.09.2025	Directive order – Amendment entry	-	Entered into force22.09.2025
Ä 20065983 / 22	15.05.2025	Entry – Amendment entry	-	Entered into force15.05.2025
Ä 20065983 / 21	20.09.2023	Entry – Amendment entry	-	Entered into force20.09.2023
Ä 20065983 / 20	14.09.2023	Entry – Amendment entry	-	Entered into force14.09.2023
Ä 20065983 / 19	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023

Real estate

		Purpose
Pärna tänav, Laiuse alevik, Jõgeva vald, Jõgeva maakond	1272 m²	Transport land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


1-24-3297/7	Kohtu I astme menetlus	Court judgment	Offences against property	Heli Väinaste	ECLI:EE:VMK:2024:1.24.3297.9355	05.06.2024	Open
2-23-11868/6	Kohtu I astme menetlus	Court judgmentDefault judgment	Law of obligations	Nele Seping	ECLI:EE:PMK:2023:2.23.11868.22400	13.11.2023	Open
2-22-17481/28	Kohtu I astme menetlus	Court judgment	Law of obligations	Andres Suik	ECLI:EE:HMK:2023:2.22.17481.25831	04.04.2023	Open

Official announcements


Notice of decision not to initiate environmental-impact assessment	13.02.2026	PDF
Notice of decision not to initiate environmental-impact assessment	11.09.2025	PDF
Notice of decision not to initiate environmental-impact assessment	25.08.2025	PDF
Notice of concentration decision	08.08.2025	PDF
Notice of concentration	09.07.2025	PDF

Public transactions


30.09.2026	AS Eesti Raudtee	2 615 611,73 €Received	NON-CURRENT ASSETSRail transport
23.09.2026	Tartu Linnavalitsus	487 256,35 €Received	NON-CURRENT ASSETSRoad transport
23.09.2026	Transpordiamet	45 536,12 €Received	NON-CURRENT ASSETSRoad transport
22.09.2026	Transpordiamet	339 457,03 €Received	NON-CURRENT ASSETSRoad transport
21.09.2026	OÜ Rail Baltic Estonia	62 782,90 €Received	NON-CURRENT ASSETSRail transport

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


10.06.2024	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	5 806 €	231580/2500728
01.01.2024	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	2 803,44 €	231580/2402340
27.10.2023	Eesti TöötukassaAid measure 20985	Palgatoetus VTA › Palgatoetus VTAGrant	884,09 €	20985/2400827

Public procurement contracts


10.07.2026End 30.12.2026	Reference number 310226	TranspordiametContracting authority	245 344,93 €actual 36 722,68 €	Concluded
09.03.2026End 13.12.2026	Reference number 304460	TranspordiametContracting authority	404 990 €actual 410 238,44 €	Completed
09.03.2026End 09.12.2028	Reference number 301473	TranspordiametContracting authority	37 597 345,52 €actual 818 953,14 €	Concluded
09.07.2025End 09.03.2026	Reference number 293415 · Lagedi rongipeatuse jalgrattaparklate, rippsilla ja nende teenindamiseks vajalike rajatiste ehitustööde töövõtuleping	Rae VallavalitsusContracting authority	433 694,60 €	Completed
06.06.2025End 06.08.2026	Reference number 292743 · Töövõtuleping	Pärnu LinnavalitsusContracting authority	1 047 339,51 €actual 1 063 820,39 €	Completed

.ee domains


grkskanner.ee	Active	09.01.2025	10.01.2027

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.