BaltForward OÜ
RegisteredKey figures
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2025Summary: BaltForward OÜ
What kind of company is it?
BaltForward OÜ (registry code 14966485) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is wholesale of sanitary equipment and construction materials n.e.c. (EMTAK 46832). The company is registered for VAT (VAT number EE102262911).
How is the company doing financially?
Revenue in financial year 2025 was 758 274 €, up 6,2% on the previous year (713 834 €). From 2020 to 2025, revenue grew by an average of 76,4% per year. This is the company's highest revenue among the published years (2020–2025). Net profit for financial year 2025 was 52 € (0,0% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 758 274 €. At the end of financial year 2025, total assets were 28 827 € and equity 18 902 € (65,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 190 097 €, up 33,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4028 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2500 € per month.
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 29.06.2026. 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 | 190 097 € | 1 | 4028 € |
| Q2 2026 | 190 467 € | 2 | 2436 € |
| Q1 2026 | 322 052 € | 1 | 2718 € |
| Q4 2025 | 140 973 € | 1 | 2723 € |
| Q3 2025 | 142 451 € | 1 | 2833 € |
| Q2 2025 | 235 304 € | 1 | 2023 € |
| Q1 2025 | 200 457 € | 1 | 2359 € |
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 | 106 342 | 129 662 | 74 808 | 713 834 | 758 274 |
| Net profit | 1830 | 13 680 | 245 | 20 | 52 |
| Retained earnings | 575 | 2405 | 16 085 | 16 330 | 16 350 |
| Total assets | 20 932 | 33 152 | 24 752 | 41 516 | 28 827 |
| Total liabilities | 18 527 | 14 567 | 5922 | 22 666 | 9925 |
| Total equity | 2405 | 18 585 | 18 830 | 18 850 | 18 902 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 517 | 1305 | 1264 | 1381 | 1315 |
| Calculated dividend | — | 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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State aid and grants
2 recordsState aid and de minimis aid in total 4067 € (2023–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (4067 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 2542 € | 31.03.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 1525 € | 22.09.2023 |
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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