Solarbalt OÜRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 197 647 € | 3 | 9694 € |
| Q1 2026 | 218 125 € | 3 | 9548 € |
| Q4 2025 | 190 367 € | 3 | 10 859 € |
| Q3 2025 | 175 591 € | 3 | 16 500 € |
| Q2 2025 | 190 396 € | 3 | 10 507 € |
| Q1 2025 | 275 954 € | 3 | 14 852 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 3871 € (<1% of distributable profit).
In addition, equity decreased by 1 508 516 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 10 599 146 | 10 197 738 | 11 951 229 | 13 270 496 | 12 714 017 | 6 292 709 | 12 550 614 |
| Total non-current assets | 7 327 734 | 8 810 992 | 8 538 458 | 9 464 485 | 10 092 559 | 16 016 051 | 14 208 874 |
| Total assets | 17 926 880 | 19 008 730 | 20 489 687 | 22 734 981 | 22 806 576 | 22 308 760 | 26 759 488 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 531 452 | 700 157 | 779 159 | 588 396 | 302 960 | 462 191 | 4 391 390 |
| Non-current liabilities | 489 953 | 325 916 | 0 | 595 492 | 0 | — | 904 000 |
| Total liabilities | 1 021 405 | 1 026 073 | 779 159 | 1 183 888 | 302 960 | 462 191 | 5 295 390 |
| Share capital | 1 511 516 | 1 511 516 | 1 511 516 | 1 511 516 | 1 511 516 | 1 511 516 | 3000 |
| Retained earnings of previous periods | 11 093 173 | 15 343 959 | 16 296 455 | 18 069 012 | 19 936 118 | 19 787 799 | 20 331 182 |
| Profit for the year | 4 300 786 | 1 127 182 | 1 902 557 | 1 970 565 | 1 055 982 | 547 254 | 1 129 916 |
| Total equity | 16 905 475 | 17 982 657 | 19 710 528 | 21 551 093 | 22 503 616 | 21 846 569 | 21 464 098 |
| Income statement | |||||||
| Sales revenue | 631 860 | 624 823 | 676 636 | 705 429 | 657 367 | 646 041 | 666 795 |
| Operating profit | 146 761 | 129 419 | 161 678 | 147 567 | 115 585 | 169 974 | 152 009 |
| EBITDA | 326 019 | 351 391 | 409 582 | 396 536 | 363 999 | 419 159 | 414 248 |
| Profit before income tax | 4 325 483 | 1 136 810 | 1 941 903 | 1 993 662 | 1 062 986 | 838 221 | 1 129 916 |
| Profit for the reporting year | 4 300 786 | 1 127 182 | 1 902 557 | 1 970 565 | 1 055 982 | 547 254 | 1 129 916 |
| Labour costs | 46 409 | 60 650 | 61 661 | 78 156 | 90 712 | 73 238 | 101 710 |
| Depreciation of non-current assets | 179 258 | 221 972 | 247 904 | 248 969 | 248 414 | 249 185 | 262 239 |
| Other indicators | |||||||
| Employees | 0 | 4 | 4 | 4 | 4 | 4 | 4 |
| Calculated dividend | — | 50 000 | 174 686 | 130 000 | 103 459 | 1 204 301 | 3871 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.