ETENRU
RegisteredHarju County
Registry code
12534988
VAT number
EE101732581
Address
Harju maakond, Tallinn, Haabersti linnaosa, Humala tn 2, 10617
Registered
11.09.2013 · 13 yrs
Activity
Transmission of electricity 3512
Additional activities
Steam and air conditioning supply
Capital
40 000 €
Email
i•••@g•••.comLog in to see
Phone
+372 •• ••••Log in to see
Website
www.graanulinvest.com
Business Register 06.10.2026
Sales revenue14,6 m €+40%2025 annual report
Profit811 k €2025 annual report
Labour taxes per quarter0 €Tax Board 2026 Q2
Cash266 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months14,8 m €+61%Tax Board, last 4 quarters
State taxes 12 months4,8 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 3,0 mln €
1,2 M1,5 M3,1 M3,4 M1,9 M2,6 M7,2 M3,0 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 61% vs a year earlier
Email right away on tax debt, bankruptcy or board change
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Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Jaano Haidla12 companiesno tax debtPersonal ID ↗11.09.2013
Rain Silivask11 companiesno tax debtPersonal ID ↗11.09.2013
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.28.09.2017
Shareholders 1
Omanikukonto: GRAANUL ENERGIA OÜ100,0% 40 000 €16.08.2023
Beneficial owners 6
Andres Rätsepp10 companiesno tax debtÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga24.05.2022
Bradley Regal FiersteinÕigus nimetada või tagasi kutsuda enamikku tegevjuhtkonnast või kõrgema juhtorga24.05.2022
Claudiu Hortumember of the senior management body, i.e. management or supervisory board member26.02.2025
Efisio Follesamember of the senior management body, i.e. management or supervisory board member10.02.2023
Fabien Morellimember of the senior management body, i.e. management or supervisory board member04.03.2024
Waleed Elgoharymember of the senior management body, i.e. management or supervisory board member01.09.2025

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue3,7%
Labour taxes / revenue0,0%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q23 009 946 €▼ 11%0 €112 023 €—
2026 Q17 214 499 €▲ 133%0 €4 562 754 €—
2025 Q42 587 274 €▲ 77%0 €110 634 €—
2025 Q31 942 935 €▲ 63%0 €61 733 €—
2025 Q23 396 757 €▲ 20%0 €144 436 €—
2025 Q13 097 457 €▼ 13%0 €220 981 €—
2024 Q41 461 764 €▼ 59%0 €0 €—
2024 Q31 194 218 €▼ 57%0 €7 062 €—
2024 Q22 834 701 €▼ 9%0 €104 847 €—
2024 Q13 555 733 €▼ 34%0 €123 017 €—
2023 Q43 595 021 €▼ 29%0 €296 300 €—
2023 Q32 800 780 €▼ 54%0 €192 171 €—
Show full history (18 quarters)
2023 Q23 125 396 €▼ 20%0 €127 925 €—
2023 Q15 391 426 €▲ 38%0 €394 672 €—
2022 Q45 078 743 €0 €498 544 €—
2022 Q36 084 327 €0 €816 697 €—
2022 Q23 917 679 €0 €416 980 €—
2022 Q13 908 064 €0 €376 480 €—

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue14,6 m €▲ 40%10,5 m €▼ 42%18,2 m €▼ 22%23,2 m €▲ 63%14,2 m €
Profit811 k €▼ 11%913 k €▼ 87%7,0 m €▼ 46%12,9 m €▲ 107%6,2 m €
Profit margin5,6%8,7%38,6%55,5%43,7%
Retained earnings19,2 m €▼ 42%33,1 m €▲ 27%26,1 m €▲ 97%13,3 m €▲ 88%7,0 m €
Cash266 k €▼ 98%16,8 m €▲ 505%2,8 m €▼ 52%5,8 m €▲ 21×282 k €
Current assets5,7 m €▼ 68%17,9 m €▲ 16%15,4 m €▲ 98%7,8 m €▲ 184%2,7 m €
Fixed assets19,6 m €▲ 16%16,9 m €▼ 7%18,2 m €▼ 7%19,5 m €▼ 6%20,9 m €
Assets25,3 m €▼ 27%34,8 m €▲ 3%33,6 m €▲ 23%27,3 m €▲ 16%23,6 m €
Current liabilities5,2 m €▲ 697%655 k €▲ 54%426 k €▼ 63%1,1 m €▼ 13%1,3 m €
Long-term liabilities———0 €▼ 100%9,0 m €
Total liabilities5,2 m €▲ 697%655 k €▲ 54%426 k €▼ 63%1,1 m €▼ 89%10,3 m €
Equity20,1 m €▼ 41%34,1 m €▲ 3%33,2 m €▲ 27%26,2 m €▲ 97%13,3 m €
Employees00000
Filed08.04.202616.06.202528.05.202430.06.202327.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Transmission of electricity main activity351210 638 000 €73%
Steam and air conditioning supply353013 952 000 €27%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

13

Top 20 in activity: Transmission of electricity

20
#CompanyRevenue
1Osula Energia OÜ14,6 m €
2Imavere Energia OÜ14,6 m €
3OÜ Helme Energia6,5 m €
4Five Wind Energy OÜ1,5 m €
5TMV Green OÜ932 k €
6Koprapere OÜ221 k €
7Sunly Solar 2 OÜ141 k €
8Uus Energia OÜ104 k €
9Vääna PEJ OÜ95 580 €
10Energiapargid OÜ91 355 €
11Sunly Offshore Wind OÜ90 000 €
12Osaühing TEHNOKOMMERTS81 218 €
13OÜ Kaunissaare Hüdroelektrijaam79 581 €
14ANDJA TALU OÜ60 599 €
15sertec OÜ57 058 €
16Car Broker OÜ49 184 €
17Leevi HPP OÜ41 188 €
18Veemajanduse OÜ37 608 €
19Järva-Jaani Energiaühisus OÜ36 518 €
20HV Kapitali OÜ32 280 €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Tegevusload

3 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Keskkonnaluba: Osula Energia OÜKL-51956928.08.2023
Otseliini või otseliinide kaudu elektrienergia edastamineELO00002128.07.2017
Production of electricityELT00007327.07.2017

History and notices

14
DateTypeContent
28.02.2022EntryAmendment entry
01.12.2021EntryKommertspandi kustutamiskanne
11.11.2021EntryAmendment entry
30.11.2020EntryAmendment entry
12.03.2018EntryKommertspandi muutmiskanne
18.01.2018EntryAmendment entry
06.12.2017EntryAmendment entry
05.10.2017EntryAmendment entry
28.09.2017EntryAmendment entry
31.08.2016EntryAmendment entry
07.07.2015EntryKommertspandi avamiskanne
22.01.2015EntryAmendment entry
12.06.2014EntryAmendment entry
11.09.2013EntryFirst entry