ETTeam Baltic OÜRegistered
Annual report for 2025 not filed.
Key figures
5 570 197 €+8,0%
Revenue 2024
+3,7%
Average annual growth 2019–2024
Ratios
202412,1%
Profit margin
25,0%
EBITDA margin
42,8%
Equity ratio
0,6×
Current ratio
42,8%
Return on equity
2225 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 1 769 575 € | 29 | 102 742 € |
| Q1 2026 | 1 634 226 € | 29 | 104 078 € |
| Q4 2025 | 1 704 277 € | 28 | 99 059 € |
| Q3 2025 | 1 645 336 € | 29 | 101 895 € |
| Q2 2025 | 1 966 713 € | 27 | 98 100 € |
| Q1 2025 | 1 590 173 € | 30 | 103 503 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2024
Distributed as dividends 1 600 000 € (65% of distributable profit).
History
20241 600 000 €
20232 000 000 €
2022700 000 €
2021700 000 €
20201 000 000 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 1 436 074 | 1 452 277 | 2 020 290 | 1 769 028 | 1 080 946 | 1 217 457 |
| Total non-current assets | 3 368 310 | 3 216 106 | 3 092 782 | 2 747 618 | 2 727 380 | 2 454 972 |
| Total assets | 4 804 384 | 4 668 383 | 5 113 072 | 4 516 646 | 3 808 326 | 3 672 429 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 521 065 | 500 303 | 705 381 | 515 631 | 1 310 012 | 2 101 468 |
| Non-current liabilities | 607 894 | 534 210 | 460 526 | 0 | 0 | — |
| Total liabilities | 1 128 959 | 1 034 513 | 1 165 907 | 515 631 | 1 310 012 | 2 101 468 |
| Share capital | 17 639 | 17 639 | 17 639 | 17 639 | 17 639 | 17 639 |
| Retained earnings of previous periods | 2 753 556 | 2 656 022 | 2 914 467 | 3 227 762 | 1 981 612 | 878 911 |
| Profit for the year | 902 466 | 958 445 | 1 013 295 | 753 850 | 497 299 | 672 647 |
| Reserves and other equity | 1764 | 1764 | 1764 | 1764 | 1764 | 1764 |
| Total equity | 3 675 425 | 3 633 870 | 3 947 165 | 4 001 015 | 2 498 314 | 1 570 961 |
| Income statement | ||||||
| Sales revenue | 4 654 592 | 4 572 353 | 5 372 612 | 5 281 126 | 5 159 019 | 5 570 197 |
| Operating profit | 1 049 214 | 1 153 833 | 1 150 245 | 1 014 058 | 928 490 | 1 107 720 |
| EBITDA | 1 290 113 | 1 472 863 | 1 461 902 | 1 315 563 | 1 199 256 | 1 391 087 |
| Profit before income tax | 1 035 024 | 1 173 561 | 1 141 783 | 928 850 | 927 532 | 973 810 |
| Profit for the reporting year | 902 466 | 958 445 | 1 013 295 | 753 850 | 497 299 | 672 647 |
| Labour costs | 999 209 | 844 580 | 900 375 | 844 257 | 895 013 | 978 836 |
| Depreciation of non-current assets | 240 899 | 319 030 | 311 657 | 301 505 | 270 766 | 283 367 |
| Other indicators | ||||||
| Employees | 47 | 42 | 34 | 33 | 32 | 30 |
| Calculated dividend | — | 1 000 000 | 700 000 | 700 000 | 2 000 000 | 1 600 000 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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