EstCommerz Glass OÜ

Legal form:: Private limited company
Registry code:: 12828276
VAT no.:: EE101884730
Fiscal-year period:: 01.01 - 31.12
Established:: 02.04.2015 (11 y)
Former business names:: EstCommerz Group OÜ
Capital:: 200 000 EUR
Address:: Roosikrantsi tn 11, Kesklinna linnaosa, Tallinn, Harju maakond, 10119
Status:: Registered
LEI code:: 549300NV1R60SFIQK949 (expired 09.02.2019)

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Contacts

Phone:: +372 5044264
Email:: mart.grunvald@gmail.com

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Industries

MANUFACTURING
Manufacture of computer, electronic and optical products
26701 – Manufacture of optical instruments, magnetic and optical media, and photographic equipment

Industry TOPNo. 4 of 8 companies

1.ficonTEC Eesti OÜ2M €
2.Osaühing Komtronik817.3k €
3.M-FLY OÜ494.5k €
4.EstCommerz Glass OÜ389.9k €
5.Difrotec OÜ223.9k €
6.osaühing Semento109.6k €
7.KINOTEHNIK OÜ53k €
8.Optics and Vision OÜ44.9k €

Main activity 26701 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101884730	20.06.2016	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	20.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	27.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	21.02.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	19.03.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	01.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	29.06.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	01.12.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	22.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	09.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	15.06.2017	Valid	PDF
2015	02.04.2015 – 31.12.2015	21.06.2016	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses–Regulations10 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	14 506 €	14 448 €	77 837 €−16,6%	3
2026 Q2	15 515 €	15 136 €	93 298 €+45,9%	3
2026 Q1	0 €	17 465 €	63 941 €−58,7%	3
Total 2026:	30 021 €	47 049 €	235 076 €
2025 Q4	16 481 €	16 751 €	154 856 €−52,7%	3
2025 Q3	75 634 €	16 799 €	327 345 €+44,0%	3
2025 Q2	50 238 €	17 498 €	227 282 €−42,3%	3
2025 Q1	69 966 €	19 092 €	393 679 €+160%	3
Total 2025:	212 319 €	70 140 €	1,10 M €
2024 Q4	35 979 €	17 415 €	151 651 €+52,9%	3
2024 Q3	88 790 €	14 608 €	99 192 €−66,4%	4
2024 Q2	14 443 €	15 097 €	295 276 €−47,0%	3
2024 Q1	9 031 €	23 664 €	556 617 €+34,1%	3
Total 2024:	148 243 €	70 784 €	1,10 M €
2023 Q4	51 137 €	10 770 €	415 081 €+338%	3
2023 Q3	45 940 €	6 851 €	94 853 €−85,2%	3
2023 Q2	59 892 €	10 269 €	642 939 €+561%	1
2023 Q1	0 €	8 310 €	97 312 €+2 226%	2
Total 2023:	156 969 €	36 200 €	1,25 M €
2022 Q4	4 928 €	3 381 €	4 184 €−90,9%	2
2022 Q3	3 305 €	3 381 €	45 946 €−64,5%	-
2022 Q2	3 793 €	3 381 €	129 373 €+329%	-
2022 Q1	3 305 €	3 381 €	30 161 €−39,4%	-
Total 2022:	15 331 €	13 524 €	209 664 €
2021 Q4	3 304,65 €	3 381,18 €	49 781,10 €+1 217%	-
2021 Q3	3 304,65 €	3 381,18 €	3 780 €−74,6%	-
2021 Q2	4 850,36 €	3 381,18 €	14 890,72 €+7,4%	-
2021 Q1	4 319,80 €	3 381,18 €	13 861,08 €−41,6%	2
Total 2021:	15 779,46 €	13 524,72 €	82 312,90 €
2020 Q4	5 564,53 €	3 381,18 €	23 733,92 €−63,6%	2
2020 Q3	6 581,86 €	3 381,18 €	65 250,03 €+108%	2
2020 Q2	7 379,38 €	3 381,18 €	31 397,64 €−71,8%	2
2020 Q1	8 438 €	3 381 €	111 331 €+87,9%	2
Total 2020:	27 963,77 €	13 524,54 €	231 712,59 €
2019 Q4	5 548 €	3 381 €	59 236 €−25,8%	2
2019 Q3	17 637 €	3 381 €	79 883 €+36,0%	2
2019 Q2	15 705 €	3 381 €	58 720 €+66,7%	2
2019 Q1	24 237 €	3 381 €	35 220 €−71,5%	2
Total 2019:	63 127 €	13 524 €	233 059 €
2018 Q4	3 305 €	3 381 €	123 458 €+1 537%	2
2018 Q3	4 118 €	3 581 €	7 543 €−78,7%	2
2018 Q2	2 933 €	3 191 €	35 360 €+109%	2
2018 Q1	2 789 €	2 836 €	16 956 €+113%	2
Total 2018:	13 145 €	12 989 €	183 317 €
2017 Q4	2 756 €	2 854 €	7 970 €+23,1%	2
2017 Q3	3 187 €	2 854 €	6 477 €	2
2017 Q2	2 937 €	2 854 €	0 €−100%	2
2017 Q1	2 756 €	2 858 €	27 142 €−93,6%	2
Total 2017:	11 636 €	11 420 €	41 589 €
2016 Q4	2 764 €	2 866 €	421 941 €	2
2016 Q3	2 764 €	2 866 €	421 941 €	2
2016 Q2	2 764 €	2 866 €	421 941 €−2,4%	2
2016 Q1	2 836 €	2 937 €	432 423 €+24,3%	2
Total 2016:	11 128 €	11 535 €	1,70 M €
2015 Q4	2 876 €	2 978 €	347 811 €+54,1%	2
2015 Q3	1 866 €	1 932 €	225 707 €−5,2%	2
2015 Q2	1 969 €	2 038 €	238 040 €	2
Total 2015:	6 711 €	6 948 €	811 558 €

Revenue by industry

	2023	2024	2025
Manufacture of optical instruments, magnetic and optical media, and photographic equipment		803 722 €	1 088 439 €
Non-specialised retail agency services		144 000 €
Manufacture of optical instruments and photographic equipment	1 202 528 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Mart Grünvald	37106XXXXXX	13.06.1971 (55)	Board member	02.04.2015	-
Vladimir Solodovnikov	36104XXXXXX	22.04.1961 (65)	Board member	02.04.2015	-

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Shareholders

	Personal ID code
Vladimir Solodovnikov	36104XXXXXX	22.04.1961 (65)	Shareholder	95 000 EUR	47,50%	Sole ownership	01.09.2023	-
Victor Faybishenko	-	28.09.1962 (64)	Shareholder	95 000 EUR	47,50%	Sole ownership	01.09.2023	-
Mart Grünvald	37106XXXXXX	13.06.1971 (55)	Shareholder	10 000 EUR	5,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Mart Grünvald	37106XXXXXX	13.06.1971 (55)	Founder	20.02.2015	-
Vladimir Solodovnikov	36104XXXXXX	22.04.1961 (65)	Founder	20.02.2015	-

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Ultimate beneficial owners

	Personal ID code
Victor Faybishenko	-	28.09.1962 (64)	Direct holding	12.04.2022	-
Vladimir Solodovnikov	36104XXXXXX	22.04.1961 (65)	Direct holding	12.04.2022	-
Mart Grünvald	37106XXXXXX	13.06.1971 (55)	Direct holding	11.04.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 77 837 €
Monthly average: 25 946 €
Per employee: 8 649 €
Equity ratio: 12,97%

Labour taxes

Turnover ratio: 18,56%
Tax ratio: 99,60%
Monthly average: 4 816 €
Per employee: 1 605 €

State taxes

Monthly average: 4 835 €
Turnover ratio: 18,64%

Estimated salary

Gross salary: 2 931 €
Net salary: 2 358 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	110 308 €−30,3%	158 281 €−74,0%	609 781 €+0,9%	604 294 €+2 731%	21 345 €−95,1%	435 402 €−70,6%	1 481 425 €
Non-current assets	428 331 €−21,7%	547 196 €−17,6%	663 692 €+226%	203 717 €−78,8%	961 000 €+15,6%	831 000 €+197%	280 000 €
Total assets	538 639 €−23,6%	705 477 €−44,6%	1 273 473 €+57,6%	808 011 €−17,7%	982 345 €−22,4%	1 266 402 €−28,1%	1 761 425 €
Short-term liabilities	174 735 €+22,2%	142 974 €+90,1%	75 225 €−46,7%	141 203 €−40,3%	236 507 €−40,8%	399 178 €−70,5%	1 353 028 €
Long-term liabilities	-	-	-	-	417 000 €	417 000 €	-
Total liabilities	174 735 €+22,2%	142 974 €+90,1%	75 225 €−46,7%	141 203 €−78,4%	653 507 €−19,9%	816 178 €−39,7%	1 353 028 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	362 503 €−16,6%	434 741 €+307%	106 808 €−17,1%	128 838 €−48,5%	250 224 €+20,1%	208 397 €−39,6%	345 189 €
Net profit	-198 599 €−175%	-72 238 €−108%	891 440 €+164%	337 970 €+378%	-121 386 €−390%	41 827 €+131%	-136 792 €
Equity	363 904 €−35,3%	562 503 €−53,1%	1 198 248 €+79,7%	666 808 €+103%	328 838 €−27,0%	450 224 €+10,2%	408 397 €
Turnover	1 088 439 €+14,8%	947 722 €−21,2%	1 202 528 €+471%	210 661 €+141%	87 380 €−83,3%	523 109 €−78,1%	2 390 403 €
Profit margin	-18,2%	-7,6%	74,1%	160,4%	-138,9%	8,0%	-5,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	319 330 €	-
Liquidity
Current ratio	4,3	0,1
Quick ratio	4,3	0,1
Cash ratio	3,9	0,0
Efficiency
Days sales outstanding (dso)	910,5	3 742,7
Asset turnover	0,2	0,1
Structure
Debt ratio	0,2	0,7
Profitability
Operating margin	147,7%	-141,4%
Net profit margin	160,4%	-138,9%
Return on assets (roa)	37,8%	-10,8%
Return on equity (roe)	50,7%	-36,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50004976 / 8	28.02.2024	Entry – Amendment entry	-	Entered into force28.02.2024
Ä 50004976 / 7	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50004976 / M2	09.05.2022	Fine-warning order – annual report not filed	08.06.2022	Deficiencies remedied29.06.2022
Ä 50004976 / 6	05.04.2019	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force05.04.2019
Ä 50004976 / 5	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

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

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


faramir.ee	Active	03.04.2018	04.04.2027

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.