Osaühing LOCOBALTRegistered

11188952Private limited company (OÜ)Founded 2005

Key figures

184 114 €+50,2%
Revenue 2025
−2,7%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
050 k100 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202617 858 €21686 €
Q2 202688 491 €22379 €
Q1 202616 419 €22344 €
Q4 202523 434 €22412 €
Q3 202593 973 €22412 €
Q2 2025118 960 €22412 €
Q1 202564 863 €21845 €

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
2019202020212022202320242025
Balance sheet — assets
Total current assets80 83666 27890 01568 62465 13456 99616 510
Total non-current assets11 46510 086885823 27321 68520 12518 565
Total assets92 30176 36498 87391 89786 81977 12135 075
Balance sheet — liabilities and equity
Current liabilities24 21925 37051 66554 59151 88162 63431 191
Non-current liabilities———————
Total liabilities24 21925 37051 66554 59151 88162 63431 191
Share capital2556255625562556255625562556
Retained earnings of previous periods83 60165 27048 18244 39634 49432 12611 675
Profit for the year−18 331−17 088−3786−9902−2368−20 451−10 603
Reserves and other equity256256256256256256256
Total equity68 08250 99447 20837 30634 93814 4873884
Income statement
Sales revenue217 18334 819187 059161 107140 161122 566184 114
Operating profit−18 336−18 956−3781−6832−3428−20 700−9172
Profit before income tax−18 331−17 088−3786−9902−2368−20 451−10 603
Profit for the reporting year−18 331−17 088−3786−9902−2368−20 451−10 603
Labour costs18 82517 97618 66920 20922 49224 45328 522
Depreciation of non-current assets———————
Other indicators
Employees2222222
Calculated dividend—000000

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
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
75%25%Osaühing LOCOBALTAndrei LeontijevOlga Leontijeva
CompanyPersonShareholderOther roleAdditional link

Public procurement

2 contracts

Public contracts won worth 67 305 € from 1 contracting authorities (08.02.2024–11.03.2025).

TenderContracting authorityAmountAwarded
Elektriharjade ja harjahoidikute ostmine · Elektriharjad "Schunk Carbon"Enefit Power AS22 980 €11.03.2025
Elektriharjade ja harjahoidikute ostmine · Elektriharjad "LEG"Enefit Power AS23 160 €11.03.2025
Isoleerivate hingamisaparaatide ostmineEnefit Power AS21 165 €08.02.2024

Source: Public Procurement Register open data from October 2023. All public tenders

Summary: Osaühing LOCOBALT

Overview

Osaühing LOCOBALT (registry code 11188952) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 20 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is wholesale of other machinery and equipment (EMTAK 46649). The company is registered for VAT (VAT number EE101017785).

Financial results

Revenue in financial year 2025 was 184 114 €, up 50,2% on the previous year (122 566 €). From 2019 to 2025, revenue declined by an average of 2,7% per year. Financial year 2025 ended with a loss of 10 603 €. The company made a loss in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 92 057 €. At the end of financial year 2025, total assets were 35 075 € and equity 3884 € (11,1% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 17 858 €, down 81,0% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 1686 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 690 € per month.

Management and owners

The company has one management board member. According to the register, the company has 2 owners. The largest stake (75%) is held by a private individual.

Data sources and freshness

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 31.03.2026. 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.

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