Baltnet Solutions OÜ

Registered
11620266Private limited company (OÜ)Founded 2009

Key figures

137 207 €+0,7%
Revenue 2025
+2,9%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Baltnet Solutions OÜ

What kind of company is it?

Baltnet Solutions OÜ (registry code 11620266) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE101286781).

How is the company doing financially?

Revenue in financial year 2025 was 137 207 €, up 0,7% on the previous year (136 257 €). From 2019 to 2025, revenue grew by an average of 2,9% per year. Net profit for financial year 2025 was 10 637 € (7,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 68 604 €. At the end of financial year 2025, total assets were 243 433 € and equity 236 087 € (97,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 33 088 €, down 11,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4292 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2650 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

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 2025) was filed on 23.05.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 202633 088 €14292 €
Q2 202638 510 €14292 €
Q1 202634 884 €15766 €
Q4 202546 663 €24888 €
Q3 202537 302 €25415 €
Q2 202520 108 €25245 €
Q1 202532 193 €25260 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue112 564143 748140 353136 257137 207
Net profit31 84137 73421 16320 03310 637
Retained earnings111 867143 708181 442202 605222 638
Total assets186 303210 943223 562232 317243 433
Total liabilities39 78326 68918 14568677346
Total equity146 520184 254205 417225 450236 087
Employees12222
Average gross salary (monthly)14291199121312431581
Calculated dividend00000

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 obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Baltnet Solutions OÜKai KetolaKai Henry Ketola
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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