Baltic Palace OÜ

Registered
14778559Private limited company (OÜ)Founded 2019

Key figures

96 960 €−34,0%
Revenue 2025
−39,2%
Average annual change 2019/20–2025
0500 k1 m1,5 m2019/2020212022202320242025

Ratios

2025

Summary: Baltic Palace OÜ

What kind of company is it?

Baltic Palace OÜ (registry code 14778559) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of perfume and cosmetics (EMTAK 46451). The company is registered for VAT (VAT number EE102199220).

How is the company doing financially?

Revenue in financial year 2025 was 96 960 €, down 34,0% on the previous year (146 800 €). From 2019/20 to 2025, revenue declined by an average of 39,2% per year. This is the company's lowest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 27 168 € (28,0% of revenue). The company was profitable in 3 of the 6 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 63 720 € and equity 54 287 € (85,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 19.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €——
Q2 20260 €——
Q1 20260 €——
Q4 20250 €——
Q3 20250 €——
Q2 2025672 €——
Q1 20250 €—0 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20244050 €
20230 €
20220 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue599 206274 025544 690146 80096 960
Net profit−41 611−497088 505−98 36627 168
Retained earnings87 61146 00041 030125 48527 119
Total assets48 226110 795138 05063 82863 720
Total liabilities222669 765851536 7099433
Total equity46 00041 030129 53527 11954 287
Employees00000
Calculated dividend—0040500

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
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Baltic Palace OÜVadim Petrov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

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