Baltic Innovation Agency OÜRegistered
Annual report for 2025 not filed.
Key figures
807 312 €+11,6%
Revenue 2025
+53,1%
Average annual growth 2019–2025
Ratios
202430,2%
Profit margin
29,5%
EBITDA margin
65,7%
Equity ratio
1,9×
Current ratio
20,2%
Return on equity
3660 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 8885 € | 9 | 54 591 € |
| Q1 2026 | 383 376 € | 9 | 59 658 € |
| Q4 2025 | 87 247 € | 12 | 59 747 € |
| Q3 2025 | 220 578 € | 16 | 57 852 € |
| Q2 2025 | 311 758 € | 16 | 55 495 € |
| Q1 2025 | 135 658 € | 16 | 47 625 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 178 133 | 650 889 | 252 483 | 338 343 | 665 827 | 1 070 845 |
| Total non-current assets | 2557 | 43 576 | 565 785 | 561 765 | 567 917 | 574 829 |
| Total assets | 180 690 | 694 465 | 818 268 | 900 108 | 1 233 744 | 1 645 674 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 32 263 | 60 227 | 52 542 | 137 373 | 370 873 | 564 522 |
| Non-current liabilities | — | 19 495 | 12 174 | 4719 | 0 | 0 |
| Total liabilities | 32 263 | 79 722 | 64 716 | 142 092 | 370 873 | 564 522 |
| Share capital | 25 536 | 25 236 | 25 236 | 25 236 | 25 236 | 25 236 |
| Retained earnings of previous periods | 75 206 | 409 760 | 588 312 | 727 122 | 731 586 | 836 441 |
| Profit for the year | 47 046 | 178 553 | 138 810 | 4464 | 104 855 | 218 281 |
| Reserves and other equity | 639 | 1194 | 1194 | 1194 | 1194 | 1194 |
| Total equity | 148 427 | 614 743 | 753 552 | 758 016 | 862 871 | 1 081 152 |
| Income statement | ||||||
| Sales revenue | 62 675 | 314 625 | 319 466 | 277 576 | 439 875 | 723 188 |
| Operating profit | 47 038 | 179 749 | 139 878 | 7611 | 102 825 | 209 130 |
| EBITDA | 47 038 | 189 187 | 149 316 | 17 255 | 104 837 | 213 031 |
| Profit before income tax | 47 046 | 179 376 | 139 633 | 7462 | 106 138 | 219 464 |
| Profit for the reporting year | 47 046 | 178 553 | 138 810 | 4464 | 104 855 | 218 281 |
| Labour costs | 100 252 | 67 544 | 141 841 | 285 111 | 341 888 | 391 848 |
| Depreciation of non-current assets | 0 | 9438 | 9438 | 9644 | 2012 | 3901 |
| Other indicators | ||||||
| Employees | 0 | 4 | 4 | 8 | 11 | 11 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Business and other management consultancy