ETL-Baltic Group OÜ
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2025Summary: ETL-Baltic Group OÜ
What kind of company is it?
ETL-Baltic Group OÜ (registry code 11698400) 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: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is accounting and tax consultancy (EMTAK 69202). The company is registered for VAT (VAT number EE101311986).
How is the company doing financially?
Revenue in financial year 2025 was 374 157 €, down 5,7% on the previous year (396 941 €). From 2019 to 2025, revenue grew by an average of 5,6% per year. Net profit for financial year 2025 was 3064 € (0,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 74 831 €. At the end of financial year 2025, total assets were 286 223 € and equity 255 380 € (89,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 90 202 €, down 11,6% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 24 510 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3000 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has one owner.
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 12.03.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 90 202 € | 5 | 24 510 € |
| Q2 2026 | 95 014 € | 5 | 19 365 € |
| Q1 2026 | 99 723 € | 5 | 19 101 € |
| Q4 2025 | 91 777 € | 5 | 27 093 € |
| Q3 2025 | 102 022 € | 5 | 29 781 € |
| Q2 2025 | 112 912 € | 5 | 21 700 € |
| Q1 2025 | 102 397 € | 5 | 20 625 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 303 761 | 349 081 | 367 335 | 396 941 | 374 157 |
| Net profit | 15 579 | 21 341 | 18 218 | 834 | 3064 |
| Retained earnings | −156 216 | −140 637 | −119 296 | −101 078 | −100 244 |
| Total assets | 242 910 | 265 298 | 284 339 | 290 972 | 286 223 |
| Total liabilities | 30 987 | 32 034 | 32 857 | 38 656 | 30 843 |
| Total equity | 211 923 | 233 264 | 251 482 | 252 316 | 255 380 |
| Employees | 5 | 5 | 5 | 5 | 5 |
| Average gross salary (monthly) | 1795 | 1993 | 2202 | 2803 | 2917 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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