Baltnet Communications OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Baltnet Communications OÜ
What kind of company is it?
Baltnet Communications OÜ (registry code 11023228) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other engineering activities (EMTAK 71129). The company is registered for VAT (VAT number EE100893683).
How is the company doing financially?
Revenue in financial year 2025 was 73 422 €, up 4,5% on the previous year (70 235 €). From 2019 to 2025, revenue grew by an average of 48,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 15 702 € (21,4% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 73 422 €. At the end of financial year 2025, total assets were 104 900 € and equity 96 956 € (92,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 18 819 €, down 3,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4957 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3030 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is 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 26.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 18 819 € | 1 | 4957 € |
| Q2 2026 | 19 340 € | 1 | 4960 € |
| Q1 2026 | 20 574 € | 1 | 5060 € |
| Q4 2025 | 18 974 € | 1 | 5290 € |
| Q3 2025 | 19 474 € | 1 | 4800 € |
| Q2 2025 | 18 619 € | 1 | 4697 € |
| Q1 2025 | 19 732 € | 1 | 3641 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 5743 € (7% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 18 723 | 21 153 | 27 405 | 70 235 | 73 422 |
| Net profit | 15 054 | 6534 | 16 975 | 22 973 | 15 702 |
| Retained earnings | 28 651 | 43 705 | 50 239 | 61 213 | 78 443 |
| Total assets | 46 685 | 71 391 | 70 978 | 93 305 | 104 900 |
| Total liabilities | 170 | 18 342 | 954 | 6308 | 7944 |
| Total equity | 46 515 | 53 049 | 70 024 | 86 997 | 96 956 |
| Employees | 1 | 0 | 0 | 1 | 1 |
| Average gross salary (monthly) | — | — | — | 1742 | 2737 |
| Calculated dividend | 0 | 0 | 0 | 6000 | 5743 |
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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 0 € (2020). Largest grantors: Tallinna Linnakantselei (0 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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