Zehnder Baltics OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 3 548 032 € | 12 | 79 088 € |
| Q2 2026 | 2 661 474 € | 12 | 145 806 € |
| Q1 2026 | 2 867 946 € | 11 | 72 117 € |
| Q4 2025 | 3 178 885 € | 11 | 75 057 € |
| Q3 2025 | 3 095 761 € | 11 | 75 687 € |
| Q2 2025 | 2 211 563 € | 11 | 119 670 € |
| Q1 2025 | 2 331 341 € | 10 | 58 306 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 1 090 845 | 1 213 922 | 2 114 227 | 1 341 467 | 1 744 222 | 1 353 909 | 1 915 312 |
| Total non-current assets | 89 615 | 69 864 | 6358 | 2540 | 650 | 89 364 | 70 553 |
| Total assets | 1 180 460 | 1 283 786 | 2 120 585 | 1 344 007 | 1 744 872 | 1 443 273 | 1 985 865 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 140 486 | 253 114 | 1 494 467 | 654 852 | 851 377 | 848 308 | 1 125 326 |
| Non-current liabilities | 553 032 | 537 743 | 0 | 0 | 0 | 3000 | 3000 |
| Total liabilities | 693 518 | 790 857 | 1 494 467 | 654 852 | 851 377 | 851 308 | 1 128 326 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 465 329 | 484 386 | 490 374 | 523 562 | 686 599 | 490 940 | 589 409 |
| Profit for the year | 19 057 | 5987 | 133 188 | 163 037 | 204 340 | 98 469 | 265 574 |
| Total equity | 486 942 | 492 929 | 626 118 | 689 155 | 893 495 | 591 965 | 857 539 |
| Income statement | |||||||
| Sales revenue | 1 108 238 | 1 298 812 | 4 903 375 | 6 028 089 | 5 887 624 | 6 419 805 | 8 910 546 |
| Operating profit | 30 245 | 17 163 | 142 428 | 195 757 | 210 745 | 193 577 | 266 377 |
| EBITDA | 47 060 | 40 164 | 155 433 | 199 575 | 213 683 | 198 922 | 285 189 |
| Profit before income tax | 19 057 | 5987 | 133 188 | 188 037 | 204 340 | 195 562 | 265 574 |
| Profit for the reporting year | 19 057 | 5987 | 133 188 | 163 037 | 204 340 | 98 469 | 265 574 |
| Labour costs | 492 090 | 521 671 | 601 159 | 712 646 | 804 517 | 726 238 | 947 108 |
| Depreciation of non-current assets | 16 815 | 23 001 | 13 005 | 3818 | 2938 | 5345 | 18 812 |
| Other indicators | |||||||
| Employees | 7 | 7 | 10 | 12 | 12 | 12 | 14 |
| Calculated dividend | — | 0 | 0 | 100 000 | 0 | 399 999 | 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 note5 clear
Data from public registers, not a credit rating.
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Summary: Zehnder Baltics OÜ
Overview
Zehnder Baltics OÜ (registry code 11892250) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101347594).
Financial results
Revenue in financial year 2025 was 8 910 546 €, up 38,8% on the previous year (6 419 805 €). From 2019 to 2025, revenue grew by an average of 41,5% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 265 574 € (3,0% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 14 employees (12 a year earlier). Revenue per employee was 636 468 €. At the end of financial year 2025, total assets were 1 985 865 € and equity 857 539 € (43,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 3 548 032 €, up 14,6% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 79 088 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3960 € per month.
Management and owners
The management board has 3 members. The sole owner of the company is Zehnder Group AG.
Data sources and freshness
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 10.07.2026. 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.