Morel Baltic OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 22 480 | 24 160 | 33 695 | 46 233 | 46 233 | 54 755 | 74 315 |
| Total non-current assets | — | — | — | — | — | — | — |
| Total assets | 22 480 | 24 160 | 33 695 | 46 233 | 46 233 | 54 755 | 74 315 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 17 481 | 17 841 | 2000 | 70 | 70 | 70 | 0 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 17 481 | 17 841 | 2000 | 70 | 70 | 70 | 0 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 147 | 2499 | 3819 | 29 195 | 46 163 | 46 163 | 54 685 |
| Profit for the year | 2352 | 1320 | 25 376 | 14 468 | 0 | 8522 | 19 630 |
| Reserves and other equity | — | — | — | — | −2500 | −2500 | −2500 |
| Total equity | 4999 | 6319 | 31 695 | 46 163 | 46 163 | 54 685 | 74 315 |
| Income statement | |||||||
| Sales revenue | 16 514 | 46 074 | 47 124 | 24 114 | 0 | 10 087 | 21 450 |
| Operating profit | 2352 | 1320 | 25 376 | 14 468 | 0 | 8522 | 19 630 |
| Profit before income tax | 2352 | 1320 | 25 376 | 14 468 | 0 | 8522 | 19 630 |
| Profit for the reporting year | 2352 | 1320 | 25 376 | 14 468 | 0 | 8522 | 19 630 |
| Labour costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 0 | 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 obligations1 note4 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.
Summary: Morel Baltic OÜ
Overview
Morel Baltic OÜ (registry code 12434436) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901).
Financial results
Revenue in financial year 2025 was 21 450 €, up 113% on the previous year (10 087 €). From 2019 to 2025, revenue grew by an average of 4,5% per year. Net profit for financial year 2025 was 19 630 € (91,5% 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 74 315 € and equity 74 315 € (100% of assets).
Management and owners
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.
Data sources and freshness
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 30.06.2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.