Baltic Weld OÜ

Registered
12397113Private limited company (OÜ)Founded 2012

Key figures

84 242 €−29,3%
Revenue 2025
−19,1%
Average annual change 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Baltic Weld OÜ

What kind of company is it?

Baltic Weld OÜ (registry code 12397113) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 13 years. Registered location: Sillamäe linn, Ida-Viru maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE101614450).

How is the company doing financially?

Revenue in financial year 2025 was 84 242 €, down 29,3% on the previous year (119 182 €). From 2019 to 2025, revenue declined by an average of 19,1% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 17 841 € (21,2% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 42 121 €. At the end of financial year 2025, total assets were 68 648 € and equity 28 356 € (41,3% of assets). Based on labour costs in the report, the estimated average gross salary was about 390 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 23 065 €, up 8,3% on the same quarter a year earlier. The company had 2 employees in that quarter.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 17.07.2026. 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 202623 065 €20 €
Q2 20267709 €—1406 €
Q1 202630 515 €31264 €
Q4 202527 932 €31321 €
Q3 202521 289 €4673 €
Q2 202519 035 €42103 €
Q1 202524 307 €41360 €

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 €
202429 259 €
202380 949 €
202222 148 €+2500 € other
202119 201 €
20203699 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue177 544191 300322 757119 18284 242
Net profit−13 31914 85215 298−687717 841
Retained earnings132 91697 44931 35217 39110 515
Total assets156 827199 702132 22395 55668 648
Total liabilities34 73087 40185 57385 04240 292
Total equity122 097112 30146 65010 51428 356
Employees33432
Average gross salary (monthly)137210432426691389
Calculated dividend19 20122 14880 94929 2590

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
100%Baltic Weld OÜAndrei Bulkin
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 6960 € (2020–2023). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (3960 €), Eesti Töötukassa (3000 €).

Show all aid records (2)
20233000 €
20203960 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA3000 €27.04.2023
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak3960 €31.03.2020

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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