BALTIC FISH UNION OÜ

Registered
12156026Private limited company (OÜ)Founded 2011

Key figures

38 497 €−91,4%
Revenue 2025
−37,2%
Average annual change 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025

Summary: BALTIC FISH UNION OÜ

What kind of company is it?

BALTIC FISH UNION OÜ (registry code 12156026) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is wholesale of fish and fish products (EMTAK 46322). The company is registered for VAT (VAT number EE101508126).

How is the company doing financially?

Revenue in financial year 2025 was 38 497 €, down 91,4% on the previous year (447 155 €). From 2019 to 2025, revenue declined by an average of 37,2% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 88 701 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 4 employees (7 a year earlier). Revenue per employee was 9624 €. At the end of financial year 2025, total assets were 671 705 € and equity 72 514 € (10,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 14 713 €, down 5,0% 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. The sole owner of the company is Arctic Seafood OÜ.

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 31.07.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202614 713 €11054 €
Q2 2026209 436 €1877 €
Q1 202617 616 €11545 €
Q4 202514 630 €21664 €
Q3 202515 481 €24218 €
Q2 2025938 €63226 €
Q1 2025−11 249 €63855 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €+259 000 € other
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue638 5941 531 551182 443447 15538 497
Net profit774−48 32099−95 519−88 701
Retained earnings148 345149 119100 799100 8985381
Total assets930 165991 475872 797767 419671 705
Total liabilities366 212475 842357 065606 206599 191
Total equity563 953515 633515 732161 21372 514
Employees66774
Average gross salary (monthly)648739609694706
Calculated dividend00000

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%BALTIC FISH UNION OÜArctic Seafood OÜ1Evgenii Vasiagin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 1760 € (2019–2022). Largest grantors: Eesti Töötukassa (1760 €).

Show all aid records (3)
2022491 €
20211004 €
2019266 €
GrantorPurposeAmountDate
Eesti TöötukassaNõustamine VTA491 €28.09.2022
Eesti TöötukassaPalgatoetus VTA1004 €09.12.2021
Eesti TöötukassaPalgatoetus VTA266 €04.12.2019

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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