BALTMAX OÜ
RegisteredKey figures
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2025Summary: BALTMAX OÜ
What kind of company is it?
BALTMAX OÜ (registry code 16603887) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE102551211).
How is the company doing financially?
Revenue in financial year 2025 was 122 637 €, down 16,1% on the previous year (146 088 €). From 2022/23 to 2025, revenue declined by an average of 56,2% per year. Net profit for financial year 2025 was 44 701 € (36,4% of revenue). The company was profitable in 2 of the 3 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 82 902 € and equity 50 018 € (60,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 60 876 €, up 378% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1254 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 920 € 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 03.06.2026. 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 | 60 876 € | 1 | 1254 € |
| Q2 2026 | 123 035 € | 1 | 1085 € |
| Q1 2026 | 138 270 € | 1 | 1987 € |
| Q4 2025 | 11 280 € | 1 | 1074 € |
| Q3 2025 | 12 742 € | 1 | 1981 € |
| Q2 2025 | 23 031 € | 1 | 1100 € |
| Q1 2025 | 19 542 € | 1 | 3176 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2023–2025
| 2022/23 | 2024 | 2025 | |
|---|---|---|---|
| Sales revenue | 640 448 | 146 088 | 122 637 |
| Net profit | 20 184 | −17 367 | 44 701 |
| Retained earnings | 0 | 20 184 | 2817 |
| Total assets | 78 610 | 52 433 | 82 902 |
| Total liabilities | 55 926 | 47 116 | 32 884 |
| Total equity | 22 684 | 5317 | 50 018 |
| Employees | 1 | 1 | 0 |
| Average gross salary (monthly) | 2058 | 1900 | — |
| Calculated dividend | — | 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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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