Baltic HC Solutions OÜ

Registered
12213184Private limited company (OÜ)Founded 2012

Key figures

936 757 €+17,7%
Revenue 2025
+35,8%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Baltic HC Solutions OÜ

What kind of company is it?

Baltic HC Solutions OÜ (registry code 12213184) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Pringi küla, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is research and development in natural sciences and engineering (EMTAK 72101). The company is registered for VAT (VAT number EE101506500).

How is the company doing financially?

Revenue in financial year 2025 was 936 757 €, up 17,7% on the previous year (795 889 €). From 2019 to 2025, revenue grew by an average of 35,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 232 402 € (24,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 12 employees (6 a year earlier). Revenue per employee was 78 063 €. At the end of financial year 2025, total assets were 1 006 624 € and equity 904 522 € (89,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 172 688 €, down 27,0% on the same quarter a year earlier. The company had 18 employees in that quarter. Labour taxes paid in the quarter: 62 269 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2180 € per month.

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. Latest register change: 01.10.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 20.03.2026. 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 2026172 688 €1862 269 €
Q2 2026135 453 €2059 849 €
Q1 2026321 858 €2160 860 €
Q4 2025233 349 €2161 783 €
Q3 2025236 619 €1758 242 €
Q2 2025184 586 €1658 095 €
Q1 2025172 657 €1651 767 €

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

Dividends

calculated
2025

Distributed as dividends 74 000 € (10% of distributable profit).

History
202574 000 €
2024153 520 €
2023118 040 €
202294 437 €
202174 515 €
202045 696 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue418 811546 563499 449795 889936 757
Net profit237 841293 058164 293355 196232 402
Retained earnings58 979202 383377 401388 174669 370
Total assets311 061543 978598 078790 8901 006 624
Total liabilities11 49145 78753 63444 770102 102
Total equity299 570498 191544 444746 120904 522
Employees244612
Average gross salary (monthly)15571473275630882827
Calculated dividend74 51594 437118 040153 52074 000

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
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
All on time
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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50%50%Baltic HC Solutions OÜ3Kai SiinmaaPaula Siinmaa
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 818 911 € (2025–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (818 911 €).

Show all aid records (3)
2026670 625 €
2025148 286 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud604 731 €15.06.2026
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus65 894 €15.06.2026
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud148 286 €19.05.2025

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 ↗

Change history

1 change
  • 01.10.2026Registry entry changed

Entered in the register on 03.01.2012.

Source: Business Register change list and open data.

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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