ETR1 GROUP OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	02.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	28.03.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	06.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	10.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	13.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	01.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	06.07.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	25.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	15.05.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	24.10.2014 – 31.12.2015	14.09.2016	Valid	PDF
2015	24.10.2014 – 31.12.2015	30.06.2016	Expired	PDF

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions1 Real estate–.ee domains–Licenses–Regulations20 Public transactions502 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	387 318 €	79 361 €	3,53 M €+11,4%	19
2026 Q2	357 407 €	61 864 €	3,17 M €+13,2%	19
2026 Q1	374 360 €	93 955 €	2,80 M €−10,5%	17
Total 2026:	1,12 M €	235 180 €	9,50 M €
2025 Q4	346 327 €	68 649 €	3,13 M €+11,2%	17
2025 Q3	368 390 €	65 401 €	2,81 M €+16,1%	19
2025 Q2	312 331 €	61 729 €	2,42 M €+7,6%	17
2025 Q1	295 156 €	66 918 €	2,25 M €−16,1%	16
Total 2025:	1,32 M €	262 697 €	10,6 M €
2024 Q4	357 774 €	53 975 €	2,68 M €+35,7%	17
2024 Q3	277 363 €	52 849 €	1,97 M €−7,2%	17
2024 Q2	280 585 €	49 178 €	2,13 M €−3,9%	17
2024 Q1	299 256 €	73 126 €	2,22 M €−26,2%	17
Total 2024:	1,21 M €	229 128 €	9,00 M €
2023 Q4	368 018 €	54 843 €	3,00 M €+13,6%	16
2023 Q3	337 896 €	59 032 €	2,64 M €+1,0%	16
2023 Q2	329 416 €	58 439 €	2,61 M €+7,4%	16
2023 Q1	321 032 €	75 591 €	2,43 M €−24,6%	17
Total 2023:	1,36 M €	247 905 €	10,7 M €
2022 Q4	406 980 €	68 318 €	3,23 M €+15,2%	21
2022 Q3	371 770 €	80 004 €	2,80 M €−20,2%	21
2022 Q2	445 010 €	74 692 €	3,51 M €+5,4%	22
2022 Q1	428 082 €	93 518 €	3,33 M €−22,0%	22
Total 2022:	1,65 M €	316 532 €	12,9 M €
2021 Q4	506 461,71 €	78 461,28 €	4,27 M €+83,6%	26
2021 Q3	321 794,52 €	80 320,99 €	2,33 M €−27,2%	25
2021 Q2	423 895,30 €	75 382,47 €	3,20 M €+46,7%	23
2021 Q1	307 297,81 €	82 420,33 €	2,18 M €−19,8%	26
Total 2021:	1,56 M €	316 585,07 €	12,0 M €
2020 Q4	352 065,26 €	78 064,21 €	2,72 M €+11,1%	26
2020 Q3	326 689,18 €	72 611,35 €	2,45 M €+7,2%	28
2020 Q2	326 626,70 €	72 185,63 €	2,28 M €+35,5%	26
2020 Q1	249 577 €	81 300 €	1,69 M €−30,0%	25
Total 2020:	1,25 M €	304 161,19 €	9,13 M €
2019 Q4	316 832 €	80 763 €	2,41 M €+9,5%	26
2019 Q3	280 256 €	68 293 €	2,20 M €+106%	27
2019 Q2	217 759 €	53 802 €	1,07 M €−21,9%	23
2019 Q1	250 262 €	61 399 €	1,37 M €+9,3%	18
Total 2019:	1,07 M €	264 257 €	7,04 M €
2018 Q4	202 840 €	49 958 €	1,25 M €+47,8%	19
2018 Q3	182 387 €	48 184 €	845 846 €−17,5%	20
2018 Q2	161 972 €	39 931 €	1,03 M €+1,6%	18
2018 Q1	170 101 €	33 255 €	1,01 M €−20,9%	15
Total 2018:	717 300 €	171 328 €	4,13 M €
2017 Q4	185 526 €	23 315 €	1,28 M €+105%	13
2017 Q3	106 947 €	19 754 €	623 316 €+5,1%	10
2017 Q2	118 776 €	14 202 €	593 213 €+1,3%	9
2017 Q1	95 861 €	13 688 €	585 791 €+32,7%	7
Total 2017:	507 110 €	70 959 €	3,08 M €
2016 Q4	91 603 €	12 638 €	441 485 €+18,6%	5
2016 Q3	75 659 €	10 654 €	372 174 €−9,7%	5
2016 Q2	84 282 €	11 794 €	411 984 €+25,6%	5
2016 Q1	69 931 €	9 390 €	328 001 €+9,8%	5
Total 2016:	321 475 €	44 476 €	1,55 M €
2015 Q4	74 548 €	10 103 €	298 798 €+12,8%	4
2015 Q3	45 390 €	8 959 €	264 966 €+0,2%	4
2015 Q2	43 932 €	8 945 €	264 538 €+168%	4
2015 Q1	18 380 €	3 336 €	98 648 €	4
Total 2015:	182 250 €	31 343 €	926 950 €

Revenue by industry

	2023	2024	2025
Retail sale of furniture and lighting		5 019 215 €	6 851 726 €
Retail sale of furniture and lighting in specialised stores	6 011 959 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Sander Kodanik	39306XXXXXX	09.06.1993 (33)	Board member	09.01.2020	-
Mantas Žilinskas	38909XXXXXX	21.09.1989 (37)	Board member	20.02.2018	-

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Shareholders

	Personal ID code
UAB Furniture1	-	-	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Maksim Verkhovtsev	38611XXXXXX	11.11.1986 (39)	Founder	20.10.2014	-

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Ultimate beneficial owners

	Personal ID code
Maksim Verkhovtsev	38611XXXXXX	11.11.1986 (39)	Indirect holding	16.04.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 3 531 584 €
Monthly average: 1 177 195 €
Per employee: 61 958 €
Equity ratio: 47 087,79%

Labour taxes

Turnover ratio: 2,25%
Tax ratio: 20,49%
Monthly average: 26 454 €
Per employee: 1 392 €

State taxes

Monthly average: 129 106 €
Turnover ratio: 10,97%

Estimated salary

Gross salary: 2 567 €
Net salary: 2 084 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	3 418 029 €+9,1%	3 133 387 €+7,8%	2 905 712 €+15,5%	2 515 832 €+7,0%	2 351 747 €+79,1%	1 312 834 €+9,4%	1 200 038 €
Non-current assets	211 580 €+202%	69 958 €−35,4%	108 321 €−26,0%	146 395 €−27,2%	201 008 €+22,7%	163 885 €+57,1%	104 294 €
Total assets	3 629 609 €+13,3%	3 203 345 €+6,3%	3 014 033 €+13,2%	2 662 227 €+4,3%	2 552 755 €+72,9%	1 476 719 €+13,2%	1 304 332 €
Short-term liabilities	720 783 €+24,6%	578 449 €+11,2%	520 123 €+14,3%	455 159 €−46,2%	846 174 €+82,6%	463 340 €+19,8%	386 772 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	720 783 €+24,6%	578 449 €+11,2%	520 123 €+14,3%	455 159 €−46,2%	846 174 €+82,6%	463 340 €+19,8%	386 772 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	2 622 396 €+5,3%	2 491 410 €+13,0%	2 204 568 €+29,4%	1 704 081 €+68,6%	1 010 879 €+10,5%	915 060 €+29,9%	704 647 €
Net profit	283 930 €+117%	130 986 €−54,3%	286 842 €−42,7%	500 487 €−27,8%	693 202 €+623%	95 819 €−54,5%	210 413 €
Equity	2 908 826 €+10,8%	2 624 896 €+5,3%	2 493 910 €+13,0%	2 207 068 €+29,3%	1 706 581 €+68,4%	1 013 379 €+10,4%	917 560 €
Turnover	6 851 726 €+36,5%	5 019 215 €−16,5%	6 011 959 €−16,4%	7 193 720 €+1,0%	7 124 550 €+35,7%	5 249 465 €+3,4%	5 078 688 €
Profit margin	4,1%	2,6%	4,8%	7,0%	9,7%	1,8%	4,1%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	565 634 €	740 431 €
Liquidity
Current ratio	5,5	2,8
Quick ratio	5,4	2,7
Cash ratio	5,4	2,4
Efficiency
Days sales outstanding (dso)	7,5	12,5
Asset turnover	2,8	3,5
Structure
Debt ratio	0,2	0,3
Profitability
Operating margin	7,1%	9,8%
Net profit margin	7,0%	9,7%
Return on assets (roa)	19,2%	34,4%
Return on equity (roe)	22,7%	40,6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10201554 / 16	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10201554 / 15	31.07.2023	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force31.07.2023
Ä 10201554 / 14	05.04.2021	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force05.04.2021
Ä 10201554 / 13	09.01.2020	Entry – Amendment entry	-	Entered into force09.01.2020
Ä 10201554 / 12	06.01.2020	Negative entry order – deficiencies not remedied – Amendment entry	-	Entered into force22.01.2020

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions


19-1/25-08786-001	Mihkel Kivisalu	In favour of the consumer	21.08.2025	PDF

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


29.09.2026	Pärnu Linna Haldus	499 €Received	OPERATING EXPENSESOther housing and municipal-services activities
29.09.2026	Tallinna Ülikool	798 €Received	OPERATING EXPENSESTertiary education
25.09.2026	Häädemeeste Vallavalitsus	235 €Received	OPERATING EXPENSESSport
11.09.2026	SIHTASUTUS KIVIÕLI TERVISEKESKUS	274,99 €Received	OPERATING EXPENSESGeneral care service provided outside the home
11.09.2026	Tallinna Lasteaed Vikerkaar	309 €Received	OPERATING EXPENSESPre-primary education

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.