Luxis Baltic OÜ
RegisteredKey figures
Ratios
2024Summary: Luxis Baltic OÜ
What kind of company is it?
Luxis Baltic OÜ (registry code 12824968) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE101830551).
How is the company doing financially?
Revenue in financial year 2024 was 16 477 147 €, up 148% on the previous year (6 656 587 €). From 2019 to 2024, revenue grew by an average of 45,8% per year. This is the company's highest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 1 622 922 €. The company was profitable in 2 of the 6 published financial years. According to the report, the company had no employees in financial year 2024.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 10 742 135 €, up 84,7% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is UPTEAM CORPORATION LIMITED.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. Equity was negative at the end of financial year 2024 (−4 713 236 €). Equity is below half of the share capital (2508 €); in this case the Commercial Code requires measures to restore equity.
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 2024) was filed on 07.11.2025. 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 | 10 742 135 € | — | — |
| Q2 2026 | 10 369 075 € | — | — |
| Q1 2026 | 9 071 035 € | — | — |
| Q4 2025 | 8 727 199 € | — | — |
| Q3 2025 | 5 815 362 € | — | — |
| Q2 2025 | 4 720 359 € | — | — |
| Q1 2025 | 4 565 360 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 3 118 148 | 3 420 816 | 4 414 171 | 6 656 587 | 16 477 147 |
| Net profit | −846 350 | 174 498 | −294 924 | −1 382 819 | −1 622 922 |
| Retained earnings | 1967 | −844 383 | −1 415 079 | −1 710 003 | −3 092 822 |
| Total assets | 790 670 | 796 665 | 2 420 238 | 5 208 810 | 6 941 956 |
| Total liabilities | 1 632 545 | 1 464 042 | 4 127 733 | 8 299 124 | 11 655 192 |
| Total equity | −841 875 | −667 377 | −1 707 495 | −3 090 314 | −4 713 236 |
| Employees | 2 | 2 | 0 | 0 | 0 |
| Average gross salary (monthly) | 5709 | 6311 | — | — | — |
| Calculated dividend | 0 | 0 | 745 194 | 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 issue7 clear
Data from public registers, not a credit rating.