Globalex Baltics OÜ
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2025Summary: Globalex Baltics OÜ
What kind of company is it?
Globalex Baltics OÜ (registry code 11918793) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of perfume and cosmetics (EMTAK 46451). The company is registered for VAT (VAT number EE101363594).
How is the company doing financially?
Revenue in financial year 2025 was 85 782 €, up 287% on the previous year (22 144 €). From 2019 to 2025, revenue declined by an average of 33,7% per year. Net profit for financial year 2025 was 102 858 € (120% of revenue). The company was profitable in 6 of the 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 792 471 € and equity 249 566 € (31,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1526 €, down 11,8% on the same quarter a year earlier. Labour taxes paid in the quarter: 1099 €.
Who runs the company and who owns it?
The management board has 2 members. 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. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 09.06.2026. 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 (64887GOIYLT3357X8677) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1526 € | — | 1099 € |
| Q2 2026 | 940 € | — | 1066 € |
| Q1 2026 | 81 918 € | — | 1010 € |
| Q4 2025 | 284 951 € | — | 1030 € |
| Q3 2025 | 1730 € | — | 1030 € |
| Q2 2025 | 681 € | — | 1030 € |
| Q1 2025 | 19 276 € | — | 991 € |
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 | 200 958 | 328 697 | 447 813 | 22 144 | 85 782 |
| Net profit | 9531 | 7708 | −6527 | 28 645 | 102 858 |
| Retained earnings | 104 539 | 114 070 | 121 778 | 115 251 | 143 896 |
| Total assets | 197 625 | 235 018 | 266 273 | 318 211 | 792 471 |
| Total liabilities | 80 743 | 110 428 | 148 210 | 171 503 | 542 905 |
| Total equity | 116 882 | 124 590 | 118 063 | 146 708 | 249 566 |
| Employees | 3 | 2 | 2 | 1 | 0 |
| Average gross salary (monthly) | 636 | 734 | 723 | 1293 | — |
| 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 clear1 for information
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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