Baltic Timber Energy OÜ
RegisteredKey figures
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2025Summary: Baltic Timber Energy OÜ
What kind of company is it?
Baltic Timber Energy OÜ (registry code 12155802) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kuksema küla, Järva vald, Järva maakond. According to the latest annual report, the main activity is technical inspection of motor vehicles (EMTAK 71201). The company is registered for VAT (VAT number EE101478696).
How is the company doing financially?
Revenue in financial year 2025 was 42 702 €, up 32,6% on the previous year (32 213 €). From 2019 to 2025, revenue declined by an average of 2,8% per year. Financial year 2025 ended with a loss of 4566 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 21 351 €. At the end of financial year 2025, total assets were 174 447 € and equity 7024 € (4,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 16 795 €, up 51,4% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2359 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 880 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (71,4%) 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 27.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. 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 | 16 795 € | 2 | 2359 € |
| Q2 2026 | 18 192 € | 2 | 2291 € |
| Q1 2026 | 8685 € | 2 | 2294 € |
| Q4 2025 | 10 948 € | 2 | 2339 € |
| Q3 2025 | 11 094 € | 2 | 2339 € |
| Q2 2025 | 13 111 € | 2 | 2339 € |
| Q1 2025 | 6459 € | 2 | 2288 € |
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 | 14 442 | 18 006 | 17 788 | 32 213 | 42 702 |
| Net profit | −15 777 | 4102 | 14 733 | −15 518 | −4566 |
| Retained earnings | −23 984 | −39 761 | −35 659 | −20 892 | −36 410 |
| Total assets | 281 184 | 284 210 | 171 438 | 176 482 | 174 447 |
| Total liabilities | 272 945 | 271 869 | 144 364 | 164 892 | 167 423 |
| Total equity | 8239 | 12 341 | 27 074 | 11 590 | 7024 |
| Employees | 1 | 1 | 1 | 2 | 2 |
| Average gross salary (monthly) | 1277 | 1561 | 1340 | 902 | 935 |
| 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 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 107 404 € (2015–2017). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (104 700 €), Maaelu Edendamise SA (2704 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Maaelu Edendamise SA | Muu · Guarantee | 1703 €* | 18.05.2017 |
| Maaelu Edendamise SA | Investeeringud · Guarantee | 1001 €* | 13.10.2016 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 104 700 € | 11.09.2015 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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