Baltic Power Engineering OÜ

Registered
11743106Private limited company (OÜ)Founded 2009
LEI expired on 31.10.2024.Renew LEI

Key figures

438 772 €−32,9%
Revenue 2025
+5,0%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Baltic Power Engineering OÜ

What kind of company is it?

Baltic Power Engineering OÜ (registry code 11743106) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other engineering activities (EMTAK 71129). The company is registered for VAT (VAT number EE101355120).

How is the company doing financially?

Revenue in financial year 2025 was 438 772 €, down 32,9% on the previous year (653 524 €). From 2019 to 2025, revenue grew by an average of 5,0% per year. Net profit for financial year 2025 was 66 811 € (15,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (2 a year earlier). Revenue per employee was 146 257 €. At the end of financial year 2025, total assets were 220 528 € and equity 180 629 € (81,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 116 017 €, up 16,9% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 7782 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2420 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 4 owners. The largest stake (45%) is held by Adiabaat OÜ.

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 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. The LEI code (254900CA0CJGL9Y0O857) comes from the GLEIF database. 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 2026116 017 €27782 €
Q2 2026113 923 €27782 €
Q1 202675 639 €27792 €
Q4 2025120 780 €28028 €
Q3 202599 279 €28028 €
Q2 2025113 994 €28028 €
Q1 2025129 559 €27874 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024154 999 €
2023200 000 €
202240 001 €
202139 999 €
202040 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue342 901636 002889 593653 524438 772
Net profit4467125 229119 777109 35466 811
Retained earnings147 436111 90237 1311909111 262
Total assets202 805303 989232 569149 081220 528
Total liabilities48 34664 30273 10535 26239 899
Total equity154 459239 687159 464113 819180 629
Employees11223
Average gross salary (monthly)37153684208222421529
Calculated dividend39 99940 001200 000154 9990

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

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44,99%44,99%5,01%5,01%Baltic Power Engineer…Adiabaat OÜ1TK Varad OÜ1Atko Siht1Vahur Sikaste8Toomas Koovit
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

Public procurement

1 contracts

Public contracts won worth 17 600 € from 1 contracting authorities (30.10.2026–30.10.2026).

Show contracts (1)

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

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

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