ITALBALTICA OÜRegistered
Key figures
241 172 €+472,2%
Revenue 2025
−10,1%
Average annual change 2019–2025
Ratios
20254,8%
Profit margin
5,3%
EBITDA margin
−4,6%
Equity ratio
3,8×
Current ratio
−135,0%
Return on equity
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 146 874 € | 4 | 343 € |
| Q1 2026 | 87 871 € | — | 0 € |
| Q4 2025 | 131 326 € | — | 0 € |
| Q3 2025 | 108 161 € | — | 0 € |
| Q2 2025 | 102 213 € | — | 0 € |
| Q1 2025 | 39 823 € | — | 0 € |
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 | 96 355 | 61 434 | 36 940 | 28 324 | 14 290 | 88 137 | 162 952 |
| Total non-current assets | 7175 | 6893 | 4165 | 2210 | 1003 | 65 | 24 222 |
| Total assets | 103 530 | 68 327 | 41 105 | 30 534 | 15 293 | 88 202 | 187 174 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 65 880 | 48 893 | 24 560 | 24 844 | 11 783 | 31 719 | 42 566 |
| Non-current liabilities | — | — | — | — | — | 76 720 | 153 220 |
| Total liabilities | 65 880 | 48 893 | 24 560 | 24 844 | 11 783 | 108 439 | 195 786 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 58 235 | 34 838 | 16 622 | 13 733 | 2878 | 698 | −23 049 |
| Profit for the year | −23 397 | −18 216 | −2889 | −10 855 | −2180 | −23 747 | 11 625 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 37 650 | 19 434 | 16 545 | 5690 | 3510 | −20 237 | −8612 |
| Income statement | |||||||
| Sales revenue | 458 082 | 218 811 | 61 592 | 57 329 | 358 | 42 147 | 241 172 |
| Operating profit | −23 397 | −18 216 | −2889 | −10 855 | −2180 | −23 747 | 11 625 |
| EBITDA | −20 792 | −15 279 | −161 | −8900 | −973 | −22 809 | 12 689 |
| Profit before income tax | −23 397 | −18 216 | −2889 | −10 855 | −2180 | −23 747 | 11 625 |
| Profit for the reporting year | −23 397 | −18 216 | −2889 | −10 855 | −2180 | −23 747 | 11 625 |
| Labour costs | 189 790 | 120 108 | 36 639 | 16 412 | 0 | 0 | 0 |
| Depreciation of non-current assets | 2605 | 2937 | 2728 | 1955 | 1207 | 938 | 1064 |
| Other indicators | |||||||
| Employees | 13 | 8 | 3 | 1 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 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.