Solhjell Baltic OÜRegistered
Qualified audit opinion. 2025 report: Qualified.
Key figures
1 381 305 €−7,4%
Revenue 2025
−3,9%
Average annual change 2019–2025
Ratios
2025−8,8%
Profit margin
−7,4%
EBITDA margin
66,6%
Equity ratio
5,4×
Current ratio
−13,2%
Return on equity
1082 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 718 572 € | 49 | 75 137 € |
| Q1 2026 | 435 164 € | 49 | 67 317 € |
| Q4 2025 | 368 109 € | 47 | 67 973 € |
| Q3 2025 | 126 702 € | 48 | 78 987 € |
| Q2 2025 | 603 192 € | 48 | 69 772 € |
| Q1 2025 | 447 104 € | 48 | 71 907 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 † | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 454 449 | 1 424 715 | 1 680 836 | 1 914 626 | 1 868 713 | 1 603 420 | 1 369 257 |
| Total non-current assets | 53 051 | 44 878 | 27 112 | 31 770 | 28 385 | 23 110 | 18 388 |
| Total assets | 1 507 500 | 1 469 593 | 1 707 948 | 1 946 396 | 1 897 098 | 1 626 530 | 1 387 645 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 358 957 | 206 537 | 254 616 | 279 943 | 270 404 | 263 276 | 251 751 |
| Non-current liabilities | 622 425 | 622 425 | 622 425 | 527 783 | 422 226 | 316 670 | 211 113 |
| Total liabilities | 981 382 | 828 962 | 877 041 | 807 726 | 692 630 | 579 946 | 462 864 |
| Share capital | 88 902 | 88 902 | 88 902 | 88 902 | 88 902 | 88 902 | 88 902 |
| Retained earnings of previous periods | −155 178 | −92 318 | 22 195 | 212 471 | 520 234 | 586 032 | 428 148 |
| Profit for the year | 62 860 | 114 513 | 190 276 | 307 763 | 65 798 | −157 884 | −121 803 |
| Reserves and other equity | 529 534 | 529 534 | 529 534 | 529 534 | 529 534 | 529 534 | 529 534 |
| Total equity | 526 118 | 640 631 | 830 907 | 1 138 670 | 1 204 468 | 1 046 584 | 924 781 |
| Income statement | |||||||
| Sales revenue | 1 756 088 | 1 734 765 | 1 717 739 | 2 163 279 | 1 730 262 | 1 491 434 | 1 381 305 |
| Operating profit | 82 880 | 134 708 | 210 998 | 333 412 | 87 428 | −140 153 | −107 955 |
| EBITDA | 104 017 | 157 505 | 230 468 | 340 441 | 95 281 | −132 693 | −102 278 |
| Profit before income tax | 62 860 | 114 513 | 190 276 | 307 763 | 65 798 | −157 884 | −121 803 |
| Profit for the reporting year | 62 860 | 114 513 | 190 276 | 307 763 | 65 798 | −157 884 | −121 803 |
| Labour costs | 702 323 | 719 973 | 668 180 | 802 229 | 878 785 | 814 058 | 752 423 |
| Depreciation of non-current assets | 21 137 | 22 797 | 19 470 | 7029 | 7853 | 7460 | 5677 |
| Other indicators | |||||||
| Employees | 43 | 42 | 35 | 37 | 38 | 37 | 32 |
| Calculated dividend | — | 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Connections graph
CompanyPersonShareholderOther roleAdditional link
Related companies
Same activity — Manufacture of other wearing apparel and accessories n.e.c.