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Search›Companies›Grandman Invest OÜ
11674718ActivePrivate limited companyEE101454050 · VAT-registered

Grandman Invest OÜ

Harju maakond, Viimsi vald, Püünsi küla, Kajaka tee 3·EMTAK 68201 — Rental and operating of own or leased real estate·17+ years
Andmed · ···
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Overview

e-Business Register · 10 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
12.06.2009e-Business Register
Address
Kajaka tee 3, Püünsi küla, Viimsi vald, 74013 Harju maakondADS · e-Business Register
E-mail address
merlepals@gmail.come-Business Register
Principal activity
EMTAK 68201 - Rental and operating of own or leased real estatee-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
3060,00 €e-Business Register
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

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© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 7 sourcese-Business Register · 9 min agoMTARiigi Teataja · Riigikohus
e-Business Register ↗

Registered 12. juuni 2009, primary activity: Rental and operating of own or leased real estate. Main place of business in Püünsi küla, Viimsi vald, Harju maakond.

Revenue 2026 II kv
77 244 €
▲ 7% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
21 240 €
State + labour taxes · 2026 II kv
Tax debt
0 €
As of 13.08.2026 (MTA)
Revenue 2026 (I-II kv)
162k €
▲ 5% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
45k €
State + labour taxes · 2026 (I-II kv)
Tax debt
€0
As of 13.08.2026 (MTA)

Officers (2)

e-Business Register · 10 h ago
IP
Indrek Pals
Born 1969 · 56 y · board member since 10.07.2009
Board member
MP
Merle Pals
Born 1970 · 55 y · board member since 01.09.2023
Board member

Founders

e-Business Register · 10 h ago
HS
Hansaconsult SEC OÜFOREIGN
Foreign / not in register · founder since 12.06.2009
Founder

Shareholders (3)

e-Business Register · 10 h ago
IP
Indrek Pals
Born 1969 · 56 y · shareholder since 01.09.2023
Shareholder 42% · 1k €
MP
Merle Pals
Born 1970 · 55 y · shareholder since 16.05.2025
Shareholder 42% · 1k €
SH
SAOS Holding OÜLEGAL PERSON
Legal person · 11958261 · shareholder since 25.07.2025
Shareholder 15% · 460 €

Subsidiaries

e-Business Register · shareholders · 10 h ago

Grandman Invest OÜ is a shareholder or officer in 1 more company.

PALS Invest OÜ
Founder

Annual reports (7)

e-Business Register · annual reports · 8 päeva tagasi
Revenue 2025
291k €
↗ +11.1% vs 2024
State taxes 2025
59k €
↗ +101% vs 2024
Employees 2025
2
↗ +100.0% vs 2024
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
100k €50k €0

Court rulings (1 · 1 as claimant)

Riigi Teataja
20231 decision
27.03.20232-23-634/5
ÜhinguõigusHarju Maakohus Tallinna kohtumajaDecision PDF →On Riigi Teataja →On lahend.ee →
AvaldajaJõustunud

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
30.06.2026ReportEsitati 2025. aasta aruanne— Käive 290 989 €
2025
25.07.2025OfficerSai osanikuks— SAOS Holding OÜ · · 15 %
25.07.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10130677 / 13 · Olek: Jõustunud
  • Kanne nr 13 · kanne

Connected companies

Same-person ties · e-Business Register

Grandman Invest OÜ is connected to 6 other companies through 2 people who hold a role here and elsewhere. The strongest tie runs through Indrek Pals (3 companies).

Total connections
6
via 2 people
Connecting people
2
Active here
Distinct roles
2
Board member · Shareholder
Strongest tie
Indrek
3 companies
Via personIndrek Pals
Equity
Assets
Employees
2025290 989 €201 060 €1,9m €2,6m €230.06.2026
2024262 015 €−92 629 €1,7m €2,3m €130.06.2025
2023227 324 €−507 670 €1,8m €1,9m €227.06.2024
2022237 788 €1273 €2,3m €2,4m €229.06.2023
2021204 063 €1038 €2,3m €2,4m €230.06.2022
2020179 923 €−33 375 €2,3m €2,4m €230.06.2021
2019200 983 €5717 €2,4m €2,4m €130.06.2020
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q161 760 €34 672 €10 786 €2
2025295 382 €58 591 €20 278 €2
2024284 968 €29 193 €11 680 €2
2023230 605 €36 629 €17 562 €1
2022242 786 €50 513 €27 356 €1
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 202685k €77k €––
State taxes 202619k €16k €––
Taxes on workforce 20265k €6k €––
Employees 202622––
Revenue 202582k €72k €66k €75k €
State taxes 20256k €15k €18k €19k €
Taxes on workforce 20254k €5k €5k €5k €
Employees 20252222
Revenue 202469k €77k €72k €67k €
State taxes 202411k €15k €3k €0 €
Taxes on workforce 20243k €3k €3k €3k €
Employees 20242222
Revenue 202365k €56k €51k €59k €
State taxes 202313k €8k €9k €7k €
Taxes on workforce 20237k €4k €4k €2k €
Employees 20231111
Revenue 202266k €59k €54k €64k €
State taxes 202214k €12k €13k €10k €
Taxes on workforce 20227k €7k €6k €7k €
Employees 20221111
30.06.2025
ReportEsitati 2024. aasta aruanne— Käive 262 015 €
16.05.2025OfficerSai osanikuks— Merle Pals · · 42 %
16.05.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10130677 / 12 · Olek: Jõustunud
  • Kanne nr 12 · kanne
14.05.2025FilingOsanike muutmine— Ä 10130677 / M4 · Olek: Puudused kõrvaldatud
28.03.2025FilingMuutmiskanne2×expand ›hide ⌃
  • Ä 10130677 / 11 · Olek: Jõustunud
  • Kanne nr 11 · kanne
3
Merle Pals3
IP
Indrek Pals
board member, shareholder 42%
3 other companies›
CompanyRoleReg. code
aktsiaselts SUNOREK
Board member
10042896
PALS Invest OÜ
Board memberShareholder 50%
12836287
Tallinn, Koidu tn 16 // 18 // 20 // Loite tn 1 korteriühistu
Board member
80314008
MP
Merle Pals
board member, shareholder 42%
3 other companies›
CompanyRoleReg. code
OÜ ARINA
Shareholder 1%
10376864
PALS Invest OÜ
Shareholder 29%
12836287
Seif Capital OÜ
Board memberShareholder 100%
14152618

Analysis · 2025

computed from annual reports
Revenue291k €median 19k €15.1× the sector median
Net margin69.1%median 27.2%+41.9 pp vs sector median
Revenue per employee145k €median 44k €3.3× the sector median
Revenue change11.1%median 0.4%+10.7 pp vs sector median
Equity ratio74.8%
Current ratio0.18current assets cover under 1× liabilities
Labour cost of revenue16.3%
Profit per employee100 530 €
Compared with2024revenue 262k €

Peer group: Enda või renditud kinnisvara üürileandmine ja käitus, 11,855 trading companies that filed a report in the last three years.

Founded 2009. That year 5,424 osaühing were registered; 5,252 are still trading, or 96.8%.