Baltic LEI AS
RegisteredKey figures
Ratios
2025Summary: Baltic LEI AS
What kind of company is it?
Baltic LEI AS (registry code 14357869) is a public limited company (AS). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other activities auxiliary to financial services n.e.c., except insurance and pension funding (EMTAK 66199). The company is registered for VAT (VAT number EE102017797).
How is the company doing financially?
Revenue in financial year 2025 was 8 301 988 €, up 19,8% on the previous year (6 931 139 €). From 2019 to 2025, revenue grew by an average of 30,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1 487 186 € (17,9% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 11 employees (10 a year earlier). Revenue per employee was 754 726 €. At the end of financial year 2025, total assets were 2 325 412 € and equity 1 515 530 € (65,2% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 3 711 256 €, up 29,7% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 62 565 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3180 € per month.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members.
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. Latest register change: 29.09.2026. 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. The LEI code (89450027AK4LSOGXGY18) comes from the GLEIF database. 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 | 3 711 256 € | 12 | 62 565 € |
| Q2 2026 | 4 184 765 € | 12 | 45 581 € |
| Q1 2026 | 4 134 844 € | 11 | 59 506 € |
| Q4 2025 | 3 787 471 € | 11 | 49 429 € |
| Q3 2025 | 2 861 800 € | 10 | 55 668 € |
| Q2 2025 | 3 550 460 € | 10 | 55 280 € |
| Q1 2025 | 3 078 512 € | 11 | 56 751 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 1 494 568 € (100% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 4 324 818 | 4 753 801 | 5 358 538 | 6 931 139 | 8 301 988 |
| Net profit | 870 281 | 799 525 | 1 040 753 | 1 497 912 | 1 487 186 |
| Retained earnings | 120 466 | 190 747 | 272 | 0 | −1631 |
| Total assets | 1 356 728 | 1 409 123 | 1 514 680 | 1 947 062 | 2 325 412 |
| Total liabilities | 340 981 | 393 851 | 448 655 | 424 150 | 809 882 |
| Total equity | 1 015 747 | 1 015 272 | 1 066 025 | 1 522 912 | 1 515 530 |
| Employees | 5 | 6 | 8 | 10 | 11 |
| Average gross salary (monthly) | 1764 | 2335 | 2592 | 2992 | 2799 |
| Calculated dividend | 477 500 | 800 000 | 990 000 | 1 041 025 | 1 494 568 |
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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State aid and grants
4 recordsState aid and de minimis aid in total 105 457 € (2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (105 457 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2242 € | 30.09.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 3078 € | 18.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 28 000 € | 21.01.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 72 137 € | 21.01.2026 |
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 ↗
Change history
2 changes- 12.10.2026*Address changed: Harju maakond, Tallinn, Kesklinna linnaosa, Pärnu mnt 10 · previously: Harju maakond, Tallinn, Põhja-Tallinna linnaosa, Telliskivi tn 60/1-53
- 29.09.2026Registry entry changed
Entered in the register on 24.10.2017.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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