Baltic Industrial OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 172 177 € | 14 | 79 415 € |
| Q2 2026 | 1 323 463 € | 13 | 81 522 € |
| Q1 2026 | 1 811 929 € | 13 | 93 705 € |
| Q4 2025 | 1 521 604 € | 13 | 82 147 € |
| Q3 2025 | 1 408 423 € | 13 | 82 103 € |
| Q2 2025 | 1 891 647 € | 10 | 73 495 € |
| Q1 2025 | 1 610 956 € | 10 | 86 759 € |
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 | 635 672 | 932 173 | 1 088 208 | 1 996 748 | 2 672 130 | 1 244 760 | 1 737 436 |
| Total non-current assets | 659 117 | 707 179 | 940 879 | 918 859 | 537 743 | 1 361 823 | 2 455 424 |
| Total assets | 1 294 789 | 1 639 352 | 2 029 087 | 2 915 607 | 3 209 873 | 2 606 583 | 4 192 860 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 517 922 | 690 185 | 716 596 | 1 399 947 | 1 722 103 | 1 032 633 | 1 603 958 |
| Non-current liabilities | — | — | 13 226 | 9577 | 6596 | 3001 | 949 226 |
| Total liabilities | 517 922 | 690 185 | 729 822 | 1 409 524 | 1 728 699 | 1 035 634 | 2 553 184 |
| Share capital | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 | 2556 |
| Retained earnings of previous periods | 650 801 | 774 311 | 906 611 | 1 196 708 | 1 143 527 | 1 438 618 | 1 568 393 |
| Profit for the year | 123 510 | 172 300 | 390 098 | 306 819 | 335 091 | 129 775 | 68 727 |
| Total equity | 776 867 | 949 167 | 1 299 265 | 1 506 083 | 1 481 174 | 1 570 949 | 1 639 676 |
| Income statement | |||||||
| Sales revenue | 2 560 416 | 2 352 471 | 3 479 073 | 5 405 858 | 5 797 029 | 4 896 835 | 4 250 606 |
| Operating profit | 118 335 | 147 762 | 404 158 | 346 347 | 413 751 | 142 743 | 96 603 |
| EBITDA | 138 706 | 169 529 | 420 254 | 363 669 | 451 671 | 188 929 | 147 863 |
| Profit before income tax | 123 510 | 172 300 | 400 098 | 330 698 | 421 021 | 136 286 | 68 727 |
| Profit for the reporting year | 123 510 | 172 300 | 390 098 | 306 819 | 335 091 | 129 775 | 68 727 |
| Labour costs | 351 311 | 324 667 | 473 000 | 643 911 | 720 412 | 681 252 | 801 947 |
| Depreciation of non-current assets | 20 371 | 21 767 | 16 096 | 17 322 | 37 920 | 46 186 | 51 260 |
| Other indicators | |||||||
| Employees | 9 | 8 | 10 | 11 | 12 | 11 | 14 |
| Calculated dividend | — | 0 | 40 000 | 100 001 | 360 000 | 40 000 | 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 obligations2 notes4 clear
Data from public registers, not a credit rating.
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Public procurement
16 contractsPublic contracts won worth 2 843 299 € from 10 contracting authorities (07.02.2024–04.09.2026). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Cummins mootorite hooldus- ja remonditeenuse ning varuosade ostmine | Enefit Industry OÜ | 108 561 € | 04.09.2026 |
| Cummins QSK-23 diiselmootori sn 323590 kapitaalremondi teostamine | AS Eesti Liinirongid | 30 000 € | 04.06.2026 |
| Statsionaarse generaatori ost | Sillamäe Linnavalitsus | 8900 € | 02.06.2026 |
| Generaatorite, turva- ja tuleohutussüsteemide korrashoiuteenuste ostmine · Elektripaigaldised 1 | Sihtasutus Pärnu Haigla | up to 54 688 € | 22.04.2026 |
| Cummins mootori QSK-23, nr. Sn85015790 remont | AS Eesti Liinirongid | 8364 € | 30.12.2025 |
| Uue telemaja diiselgeneraatorite ostmine | Eesti Rahvusringhääling | 473 600 € | 08.12.2025 |
| Mobiilsete diiselgeneraatorite ostmine | Eesti Rahvusringhääling | 50 600 € | 27.11.2025 |
| Generaatorite hankimine Tartu linnas 2025 · Nõlvaku 12 | Tartu Linnavalitsus | 27 200 € | 27.10.2025 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Baltic Industrial OÜ
Overview
Baltic Industrial OÜ (registry code 11974538) 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: Soodevahe küla, Rae vald, Harju maakond. According to the latest annual report, the main activity is wholesale of other machinery and equipment (EMTAK 46649). The company is registered for VAT (VAT number EE101420495).
Financial results
Revenue in financial year 2025 was 4 250 606 €, down 13,2% on the previous year (4 896 835 €). From 2019 to 2025, revenue grew by an average of 8,8% per year. Net profit for financial year 2025 was 68 727 € (1,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 14 employees (11 a year earlier). Revenue per employee was 303 615 €. At the end of financial year 2025, total assets were 4 192 860 € and equity 1 639 676 € (39,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 172 177 €, down 16,8% on the same quarter a year earlier. The company had 14 employees in that quarter. Labour taxes paid in the quarter: 79 415 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3440 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is Britamarine Grupp OÜ.
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 21.07.2026. 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.