Baltic E-Marin Osaühing

Registered
10922427Private limited company (OÜ)Founded 2003

Key figures

657 700 €−16,4%
Revenue 2025
+13,6%
Average annual growth 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Baltic E-Marin Osaühing

What kind of company is it?

Baltic E-Marin Osaühing (registry code 10922427) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Kiili alev, Kiili vald, Harju maakond. According to the latest annual report, the main activity is repair and maintenance of civilian ships and boats (EMTAK 33151). The company is registered for VAT (VAT number EE100806829).

How is the company doing financially?

Revenue in financial year 2025 was 657 700 €, down 16,4% on the previous year (786 828 €). From 2019 to 2025, revenue grew by an average of 13,6% per year. Financial year 2025 ended with a loss of 16 256 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 3 employees (6 a year earlier). Revenue per employee was 219 233 €. At the end of financial year 2025, total assets were 38 246 € and equity 1982 € (5,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 33 839 €, up 627% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 14 781 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4410 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202633 839 €214 781 €
Q2 2026144 996 €115 193 €
Q1 2026158 854 €215 168 €
Q4 2025136 967 €314 880 €
Q3 20254656 €311 858 €
Q2 2025327 762 €126 875 €
Q1 2025158 945 €424 086 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
2023 ~222 865 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue239 783298 214627 528786 828657 700
Net profit−20 938108 79817 22015 554−16 256
Retained earnings117 78596 847−57 7530−24 979
Total assets218 375295 46550 72746 65938 246
Total liabilities118 84487 13648 04328 42136 264
Total equity99 531208 329268418 2381982
Employees56663
Average gross salary (monthly)18132072220121988288
Calculated dividend00222 86500

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%Baltic E-Marin Osaühi…Nils Johan Sjöholm1Villu Liinak
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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