Borealis OÜ
RegisteredKey figures
Ratios
2025Summary: Borealis OÜ
What kind of company is it?
Borealis OÜ (registry code 11875919) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other specialised design activities (EMTAK 74141). The company is registered for VAT (VAT number EE101351179).
How is the company doing financially?
Revenue in financial year 2025 was 104 825 €, up 46,5% on the previous year (71 530 €). From 2019 to 2025, revenue declined by an average of 3,6% per year. Net profit for financial year 2025 was 19 235 € (18,3% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 59 943 € and equity 51 355 € (85,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 4707 €, down 82,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1054 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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. Latest register change: 12.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 07.07.2026. 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 | 4707 € | 1 | 1054 € |
| Q2 2026 | 19 946 € | 1 | 0 € |
| Q1 2026 | 6371 € | — | 0 € |
| Q4 2025 | 32 429 € | — | 0 € |
| Q3 2025 | 27 081 € | — | 0 € |
| Q2 2025 | 30 082 € | — | 0 € |
| Q1 2025 | 15 576 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 13 699 € (32% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 76 902 | 54 103 | 63 933 | 71 530 | 104 825 |
| Net profit | 328 | 5291 | 11 029 | 10 841 | 19 235 |
| Retained earnings | 48 062 | 41 250 | 34 873 | 32 166 | 29 308 |
| Total assets | 59 710 | 62 433 | 73 532 | 49 473 | 59 943 |
| Total liabilities | 8508 | 13 080 | 24 818 | 3654 | 8588 |
| Total equity | 51 202 | 49 353 | 48 714 | 45 819 | 51 355 |
| Employees | 1 | 0 | 0 | 0 | 0 |
| Average gross salary (monthly) | 584 | — | — | — | — |
| Calculated dividend | 12 977 | 7140 | 11 668 | 13 736 | 13 699 |
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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
6 recordsState aid and de minimis aid in total 8000 € (2015–2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (8000 €).
Show all aid records (6)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 119 € | 12.04.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 144 € | 23.11.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 108 € | 07.11.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu VTA | 175 € | 31.10.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu VTA | 795 € | 31.10.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 6659 € | 24.09.2015 |
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 ↗
Change history
4 changes- 09.11.2026*Left: Management board member Margit Lillak
- 12.10.2026Registry entry changed
- 12.10.2026*Address changed: Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Ankru tn 10 · previously: Harju maakond, Tallinn, Kristiine linnaosa, Võrse tn 5a
- 29.09.2026Registry entry changed · contact details
Entered in the register on 08.02.2010.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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