Baltherm OÜ
RegisteredKey figures
Ratios
2025Summary: Baltherm OÜ
What kind of company is it?
Baltherm OÜ (registry code 14008778) 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: Võru linn, Võru maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101859642).
How is the company doing financially?
Revenue in financial year 2025 was 250 818 €, up 1059% on the previous year (21 645 €). From 2019 to 2025, revenue grew by an average of 22,8% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 111 553 € (44,5% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 5 employees (0 a year earlier). Revenue per employee was 50 164 €. At the end of financial year 2025, total assets were 141 590 € and equity 123 090 € (86,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 81 356 €, down 7,5% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 2969 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 550 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 30.06.2026. 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 | 81 356 € | 5 | 2969 € |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 38 826 € | — | 6576 € |
| Q4 2025 | 125 196 € | — | 9677 € |
| Q3 2025 | 87 930 € | 5 | 3377 € |
| Q2 2025 | 300 € | 5 | — |
| Q1 2025 | 0 € | — | — |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 90 075 | 39 897 | 16 342 | 21 645 | 250 818 |
| Net profit | 7358 | −5275 | −2551 | −248 | 111 553 |
| Retained earnings | 9754 | 17 111 | 11 836 | 9285 | 9037 |
| Total assets | 53 272 | 44 506 | 46 363 | 46 022 | 141 590 |
| Total liabilities | 33 660 | 30 170 | 34 578 | 34 485 | 18 500 |
| Total equity | 19 612 | 14 336 | 11 785 | 11 537 | 123 090 |
| Employees | 0 | 0 | 0 | 0 | 5 |
| Average gross salary (monthly) | — | — | — | — | 1001 |
| Calculated dividend | 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 obligationsAll 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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