Baltic Element OÜ
RegisteredKey figures
Ratios
2025Summary: Baltic Element OÜ
What kind of company is it?
Baltic Element OÜ (registry code 14294028) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Tabivere alevik, Tartu vald, Tartu 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 EE101992910).
How is the company doing financially?
Revenue in financial year 2025 was 168 753 €, down 4,5% on the previous year (176 746 €). From 2019 to 2025, revenue declined by an average of 4,2% per year. Financial year 2025 ended with a loss of 3594 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 4 employees. Revenue per employee was 42 188 €. At the end of financial year 2025, total assets were 420 712 € and equity 274 331 € (65,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 58 636 €, up 56,6% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 5636 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3420 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (60%) is held by OÜ Lõuna Grupp.
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 | 58 636 € | 1 | 5636 € |
| Q2 2026 | 137 199 € | 3 | 7656 € |
| Q1 2026 | 38 819 € | 3 | 5907 € |
| Q4 2025 | 26 696 € | 3 | 6241 € |
| Q3 2025 | 37 442 € | 4 | 8451 € |
| Q2 2025 | 51 863 € | 4 | 8088 € |
| Q1 2025 | 38 634 € | 4 | 6280 € |
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 | 171 761 | 216 884 | 167 217 | 176 746 | 168 753 |
| Net profit | 7231 | 961 | 55 554 | 60 427 | −3594 |
| Retained earnings | 253 | 7484 | 8444 | 63 998 | 124 425 |
| Total assets | 260 447 | 333 865 | 364 010 | 423 129 | 420 712 |
| Total liabilities | 200 163 | 172 620 | 147 212 | 145 204 | 146 381 |
| Total equity | 60 284 | 161 245 | 216 798 | 277 925 | 274 331 |
| Employees | 1 | 2 | 2 | 4 | 4 |
| Average gross salary (monthly) | 1642 | 1068 | 672 | 646 | 1182 |
| 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 obligations1 issue1 note5 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 39 382 € (2018–2019). Largest grantors: Riigi Tugiteenuste Keskus (39 382 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 38 € | 31.01.2019 |
| Riigi Tugiteenuste Keskus | Investeeringud | 39 007 € | 21.08.2018 |
| Riigi Tugiteenuste Keskus | Nõustamine VTA | 337 € | 13.04.2018 |
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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