Balti Kivitehas OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 102 878 € | — | 1839 € |
| Q2 2026 | 50 628 € | — | 1839 € |
| Q1 2026 | 18 877 € | — | 1810 € |
| Q4 2025 | 94 921 € | — | 1754 € |
| Q3 2025 | 555 279 € | — | 76 212 € |
| Q2 2025 | 622 952 € | 19 | 71 483 € |
| Q1 2025 | 410 257 € | 19 | 64 422 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
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 | 1 295 527 | 1 158 563 | 731 288 | 648 645 | 561 520 | 825 148 | 691 892 |
| Total non-current assets | 254 449 | 227 592 | 255 761 | 235 470 | 221 995 | 236 249 | 240 302 |
| Total assets | 1 549 976 | 1 386 155 | 987 049 | 884 115 | 783 515 | 1 061 397 | 932 194 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 576 446 | 317 342 | 157 616 | 98 960 | 87 616 | 303 963 | 330 221 |
| Non-current liabilities | 555 502 | 675 267 | 424 706 | 374 705 | 281 728 | 341 922 | 161 470 |
| Total liabilities | 1 131 948 | 992 609 | 582 322 | 473 665 | 369 344 | 645 885 | 491 691 |
| Share capital | 6391 | 6391 | 6390 | 6390 | 6390 | 6390 | 6390 |
| Retained earnings of previous periods | −101 573 | 12 637 | 48 155 | 59 338 | 65 059 | 68 781 | 70 121 |
| Profit for the year | 114 210 | 35 518 | 11 182 | 5722 | 3722 | 1341 | 24 992 |
| Reserves and other equity | 399 000 | 339 000 | 339 000 | 339 000 | 339 000 | 339 000 | 339 000 |
| Total equity | 418 028 | 393 546 | 404 727 | 410 450 | 414 171 | 415 512 | 440 503 |
| Income statement | |||||||
| Sales revenue | 1 326 700 | 543 667 | 185 416 | 96 524 | 25 996 | 282 057 | 1 587 989 |
| Operating profit | 115 122 | 37 282 | 15 329 | 6787 | 5252 | 1799 | 24 999 |
| EBITDA | 145 305 | 64 139 | 37 297 | 27 077 | 18 726 | 4545 | 26 924 |
| Profit before income tax | 114 210 | 35 518 | 11 182 | 5722 | 3722 | 1341 | 24 992 |
| Profit for the reporting year | 114 210 | 35 518 | 11 182 | 5722 | 3722 | 1341 | 24 992 |
| Labour costs | 0 | 0 | 0 | 0 | 0 | 83 760 | 444 904 |
| Depreciation of non-current assets | 30 183 | 26 857 | 21 968 | 20 290 | 13 474 | 2746 | 1925 |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 3 | 15 |
| 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.
Risks and obligations1 note4 clear
Data from public registers, not a credit rating.
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Summary: Balti Kivitehas OÜ
Overview
Balti Kivitehas OÜ (registry code 11379600) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is graniidist, marmorist jm looduslikust kivist toodete tootmine (EMTAK 23703). The company is registered for VAT (VAT number EE101168948).
Financial results
Revenue in financial year 2025 was 1 587 989 €, up 463% on the previous year (282 057 €). From 2019 to 2025, revenue grew by an average of 3,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 24 992 € (1,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 15 employees (3 a year earlier). Revenue per employee was 105 866 €. At the end of financial year 2025, total assets were 932 194 € and equity 440 503 € (47,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 1850 € per month.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 102 878 €, down 81,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 1839 €.
Management and owners
The company has one management board member. According to the register, the company has 3 owners. The largest stake (60%) 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. Latest register change: 23.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 23.09.2026. 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.