Finesta Baltic OÜ
RegisteredKey figures
Ratios
2024Summary: Finesta Baltic OÜ
What kind of company is it?
Finesta Baltic OÜ (registry code 11516178) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is employee leasing (EMTAK 78201). The company is registered for VAT (VAT number EE101377810).
How is the company doing financially?
Revenue in financial year 2025 was 13 003 232 €, up 38,0% on the previous year (9 420 451 €). From 2019 to 2025, revenue grew by an average of 1,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2024 was 135 417 € (1,4% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 14 employees (11 a year earlier). Revenue per employee was 928 802 €. At the end of financial year 2024, total assets were 10 431 247 € and equity 6 684 385 € (64,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 4 371 804 €, up 31,6% on the same quarter a year earlier. The company had 763 employees in that quarter. Labour taxes paid in the quarter: 1 430 851 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1280 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (45%) is held by Breakeven OÜ.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
Where does the data come from and how fresh is it?
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 2024) was filed on 16.10.2025. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 4 371 804 € | 763 | 1 430 851 € |
| Q2 2026 | 4 066 988 € | 679 | 1 281 171 € |
| Q1 2026 | 3 842 248 € | 666 | 1 210 796 € |
| Q4 2025 | 3 618 522 € | 648 | 834 640 € |
| Q3 2025 | 3 321 638 € | 585 | 758 620 € |
| Q2 2025 | 2 961 293 € | 547 | 623 877 € |
| Q1 2025 | 2 869 367 € | 490 | 505 603 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 10 645 222 | 8 559 485 | 10 374 987 | 10 447 505 | 9 420 451 |
| Net profit | 401 303 | 419 317 | 423 060 | 220 144 | 135 417 |
| Retained earnings | 4 859 104 | 5 260 407 | 5 679 724 | 6 102 784 | 6 546 428 |
| Total assets | 9 147 815 | 9 202 482 | 9 742 716 | 11 038 755 | 10 431 247 |
| Total liabilities | 3 884 868 | 3 520 218 | 3 637 392 | 4 713 287 | 3 746 862 |
| Total equity | 5 262 947 | 5 682 264 | 6 105 324 | 6 325 468 | 6 684 385 |
| Employees | 20 | 19 | 26 | 16 | 11 |
| Average gross salary (monthly) | 1732 | 1618 | — | — | — |
| Calculated dividend | 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 issue1 note5 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 586 € (2017–2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (303 €), Riigi Tugiteenuste Keskus (283 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 303 € | 25.07.2018 |
| Riigi Tugiteenuste Keskus | Nõustamine VTA | 283 € | 14.11.2017 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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