Innovatec Baltic OÜ
RegisteredKey figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Innovatec Baltic OÜ
What kind of company is it?
Innovatec Baltic OÜ (registry code 12249638) 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: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of other chemical products (EMTAK 46859). The company is registered for VAT (VAT number EE101567714).
How is the company doing financially?
Revenue in financial year 2025 was 514 209 €, down 64,5% on the previous year (1 447 245 €). From 2019 to 2025, revenue declined by an average of 16,7% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 11 951 € (2,3% 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 652 986 € and equity 549 504 € (84,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 46 304 €, up 145% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1895 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1290 € 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 (96,6%) is held by Markov Group LLC.
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 | 46 304 € | 1 | 1895 € |
| Q2 2026 | 54 426 € | 1 | 1103 € |
| Q1 2026 | 1550 € | 1 | 2002 € |
| Q4 2025 | 89 896 € | 1 | 327 € |
| Q3 2025 | 18 900 € | 1 | 1455 € |
| Q2 2025 | 21 670 € | 1 | 409 € |
| Q1 2025 | 51 408 € | 1 | 1580 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 200 000 € (30% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 171 332 | 1 716 456 | 2 738 526 | 1 447 245 | 514 209 |
| Net profit | 89 742 | −24 928 | 158 201 | 7993 | 11 951 |
| Retained earnings | 627 331 | 517 073 | 491 626 | 649 827 | 457 820 |
| Total assets | 833 360 | 643 983 | 730 601 | 740 174 | 652 986 |
| Total liabilities | 12 554 | 48 105 | 1041 | 2621 | 103 482 |
| Total equity | 820 806 | 595 878 | 729 560 | 737 553 | 549 504 |
| Employees | 2 | 2 | 1 | 0 | 0 |
| Average gross salary (monthly) | 1802 | 1207 | 561 | — | — |
| Calculated dividend | 0 | 200 000 | 519 | 0 | 200 000 |
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 obligations1 note6 clear
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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