IWF Baltic OÜ

Registered
16887643Private limited company (OÜ)Founded 2023

Key figures

308 029 €−32,0%
Revenue 2025
−32,0%
Average annual change 2023/24–2025
0200 k400 k600 k2023/242025

Ratios

2025

Summary: IWF Baltic OÜ

What kind of company is it?

IWF Baltic OÜ (registry code 16887643) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 2 years. Registered location: Keila linn, Harju maakond. According to the latest annual report, the main activity is employee leasing (EMTAK 78201). The company is registered for VAT (VAT number EE102717699).

How is the company doing financially?

Revenue in financial year 2025 was 308 029 €, down 32,0% on the previous year (452 671 €). Net profit for financial year 2025 was 33 756 € (11,0% of revenue). In financial year 2025 the company had 15 employees (29 a year earlier). Revenue per employee was 20 535 €. At the end of financial year 2025, total assets were 88 036 € and equity 19 153 € (21,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 57 650 €, down 16,6% on the same quarter a year earlier. The company had 12 employees in that quarter. Labour taxes paid in the quarter: 15 269 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 930 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 27.02.2026. 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 202657 650 €1215 269 €
Q2 202660 905 €1315 551 €
Q1 202656 640 €1313 661 €
Q4 202564 759 €1214 957 €
Q3 202569 150 €1416 485 €
Q2 202591 520 €1424 324 €
Q1 202582 200 €1928 831 €

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

Summary of financial statements2024–2025
2023/242025
Sales revenue452 671308 029
Net profit−14 60333 756
Retained earnings—−14 603
Total assets67 79588 036
Total liabilities67 39868 883
Total equity39719 153
Employees2915
Average gross salary (monthly)998947

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 note6 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
2/2 filed
Filed late: 2024
Business Register · 2024–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%IWF Baltic OÜ5Magnus Salumaa3Norman Vilipus
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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