BaltDev Grupp OÜ

Registered
14824532Private limited company (OÜ)Founded 2019

Key figures

131 684 €+462,1%
Revenue 2025
+340,9%
Average annual growth 2019/20–2025
050 k100 k150 k2019/2020212022202320242025

Ratios

2025

Summary: BaltDev Grupp OÜ

What kind of company is it?

BaltDev Grupp OÜ (registry code 14824532) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of electrical materials, accessories and equipment, including cables (EMTAK 46643). The company is registered for VAT (VAT number EE102264126).

How is the company doing financially?

Revenue in financial year 2025 was 131 684 €, up 462% on the previous year (23 427 €). From 2019/20 to 2025, revenue grew by an average of 341% per year. This is the company's highest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 2843 € (2,2% 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 31 401 € and equity 5180 € (16,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 143 758 €, up 176% on the same quarter a year earlier.

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 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026143 758 €—0 €
Q2 202695 635 €—0 €
Q1 202678 144 €—0 €
Q4 202577 545 €—0 €
Q3 202552 017 €—0 €
Q2 202555 594 €—0 €
Q1 202522 216 €—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
20212022202320242025
Sales revenue28 92418 610246023 427131 684
Net profit6159−23581230−45262843
Retained earnings−669549031324362−163
Total assets38 27829 98128 07528 53331 401
Total liabilities30 28824 34921 21326 19726 221
Total equity79905632686223365180
Employees00000
Calculated dividend00000

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
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%BaltDev Grupp OÜAnton Mihkelson
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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