Farmbalt OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 496 891 € | 4 | 18 609 € |
| Q2 2026 | 111 459 € | 3 | 15 738 € |
| Q1 2026 | 131 788 € | 3 | 31 951 € |
| Q4 2025 | 368 920 € | 3 | 34 903 € |
| Q3 2025 | 288 593 € | 4 | 20 700 € |
| Q2 2025 | 51 056 € | 4 | 11 249 € |
| Q1 2025 | 157 082 € | 3 | 3327 € |
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 | 422 165 | 286 456 | 228 592 | 478 732 | 485 257 | 467 638 | 627 952 |
| Total non-current assets | 1 319 282 | 1 203 122 | 1 502 048 | 1 919 579 | 1 877 498 | 1 857 106 | 1 691 481 |
| Total assets | 1 741 447 | 1 489 578 | 1 730 640 | 2 398 311 | 2 362 755 | 2 324 744 | 2 319 433 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 492 108 | 466 881 | 399 809 | 461 543 | 587 012 | 809 855 | 924 494 |
| Non-current liabilities | 925 300 | 621 429 | 833 933 | 1 123 624 | 1 130 688 | 989 926 | 858 972 |
| Total liabilities | 1 417 408 | 1 088 310 | 1 233 742 | 1 585 167 | 1 717 700 | 1 799 781 | 1 783 466 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 343 911 | 321 227 | 398 456 | 459 085 | 810 332 | 642 243 | 522 151 |
| Profit for the year | −22 684 | 77 229 | 95 630 | 351 247 | −168 089 | −120 092 | 11 004 |
| Reserves and other equity | 256 | 256 | 256 | 256 | 256 | 256 | 256 |
| Total equity | 324 039 | 401 268 | 496 898 | 813 144 | 645 055 | 524 963 | 535 967 |
| Income statement | |||||||
| Sales revenue | 447 308 | 941 212 | 832 823 | 1 539 746 | 906 841 | 867 605 | 767 171 |
| Operating profit | −9215 | 128 087 | 134 612 | 393 929 | −91 722 | −45 754 | 93 439 |
| EBITDA | 29 800 | 202 466 | 200 501 | 508 906 | 85 519 | 120 829 | 242 638 |
| Profit before income tax | −22 684 | 77 229 | 95 630 | 351 247 | −168 089 | −120 092 | 11 004 |
| Profit for the reporting year | −22 684 | 77 229 | 95 630 | 351 247 | −168 089 | −120 092 | 11 004 |
| Labour costs | 27 067 | 58 936 | 102 163 | 139 845 | 155 335 | 127 133 | 124 235 |
| Depreciation of non-current assets | 39 015 | 74 379 | 65 889 | 114 977 | 177 241 | 166 583 | 149 199 |
| Other indicators | |||||||
| Employees | 2 | 4 | 4 | 4 | 5 | 4 | 4 |
| Calculated dividend | — | 0 | 0 | 35 001 | 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 issue1 note3 clear
Data from public registers, not a credit rating.
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Summary: Farmbalt OÜ
Overview
Farmbalt OÜ (registry code 11476639) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE101241988).
Financial results
Revenue in financial year 2025 was 767 171 €, down 11,6% on the previous year (867 605 €). From 2019 to 2025, revenue grew by an average of 9,4% per year. Net profit for financial year 2025 was 11 004 € (1,4% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 191 793 €. At the end of financial year 2025, total assets were 2 319 433 € and equity 535 967 € (23,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 496 891 €, up 72,2% on the same quarter a year earlier. The company had 4 employees in that quarter. Labour taxes paid in the quarter: 18 609 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2860 € per month.
Management and owners
The company has one management board member. The sole owner of the company is 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 30.06.2026. 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.