Baltic Welders OÜ
RegisteredKey figures
Ratios
2025Summary: Baltic Welders OÜ
What kind of company is it?
Baltic Welders OÜ (registry code 12973713) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Viru-Nigula alevik, Viru-Nigula vald, Lääne-Viru maakond. According to the latest annual report, the main activity is manufacture of lifting and handling equipment (EMTAK 28221). The company is registered for VAT (VAT number EE101875082).
How is the company doing financially?
Revenue in financial year 2025 was 1 310 801 €, up 35,0% on the previous year (970 844 €). From 2019 to 2025, revenue grew by an average of 20,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2771 € (0,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 6 employees. Revenue per employee was 218 467 €. At the end of financial year 2025, total assets were 655 738 € and equity 283 443 € (43,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 303 949 €, down 3,8% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 45 054 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2350 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (66,7%) is held by Osaühing Lisako.
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 11.05.2026. 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 | 303 949 € | 12 | 45 054 € |
| Q2 2026 | 513 825 € | 12 | 28 582 € |
| Q1 2026 | 369 197 € | 10 | 33 106 € |
| Q4 2025 | 550 500 € | 10 | 38 188 € |
| Q3 2025 | 316 002 € | 11 | 35 584 € |
| Q2 2025 | 342 472 € | 9 | 36 387 € |
| Q1 2025 | 328 624 € | 11 | 37 003 € |
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 statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 964 891 | 890 459 | 539 662 | 970 844 | 1 310 801 |
| Net profit | 74 964 | 62 265 | 91 540 | −47 777 | 2771 |
| Retained earnings | 39 862 | 87 296 | 134 392 | 225 949 | 178 172 |
| Total assets | 316 984 | 302 420 | 363 949 | 590 690 | 655 738 |
| Total liabilities | 199 658 | 150 359 | 135 517 | 310 018 | 372 295 |
| Total equity | 117 326 | 152 061 | 228 432 | 280 672 | 283 443 |
| Employees | 3 | 4 | 4 | 6 | 6 |
| Average gross salary (monthly) | 1001 | 803 | 999 | 2131 | 3703 |
| Calculated dividend | 106 341 | 27 530 | 15 169 | 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 obligationsAll clear1 for information
Data from public registers, not a credit rating.
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Public procurement
The company is itself a contracting authority: 1 tenders. View tenders →
State aid and grants
23 recordsState aid and de minimis aid in total 468 672 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (337 302 €), Maaelu Edendamise SA (110 000 €), Riigi Tugiteenuste Keskus (15 054 €), Eesti Töötukassa (5766 €).
Show all aid records (23)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 70 220 € | 04.05.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 588 € | 01.01.2024 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 14 998 € | 13.06.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 4956 € | 20.01.2023 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Muu | 14 € | 07.07.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 14 188 € | 07.07.2022 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 32 016 € | 02.07.2021 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 7418 € | 22.06.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 222 € | 01.01.2021 |
| Riigi Tugiteenuste Keskus | Muu | 54 € | 22.12.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 09.09.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 09.09.2020 |
| Maaelu Edendamise SA | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Soft loan | 50 000 € | 01.09.2020 |
| Maaelu Edendamise SA | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Soft loan | 60 000 € | 26.06.2020 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 13 997 € | 21.05.2020 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 14 172 € | 25.06.2019 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 146 720 € | 06.12.2018 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 13 594 € | 18.07.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 239 € | 23.03.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 202 € | 23.01.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 108 € | 12.12.2017 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 9965 € | 14.06.2017 |
| Riigi Tugiteenuste Keskus | Muu | 15 000 € | 23.03.2017 |
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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