Aktsiaselts Balbiino

Active Registry code 10009159 AS Tallinn Registered 29 Jan 1996
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Aktsiaselts Balbiino is a AS based in Tallinn, registry code 10009159, status: active. Main activity: Manufacture of ice cream and other edible ice. According to EMTA, turnover for Q3 2026 was €14 963 042 with 109 employees.

Turnover
14 963 042 €
↑ 19.2% vs Q2 2026
State taxes
1 330 563 €
↑ 53.7% vs Q2 2026
Labour taxes
406 639 €
↓ 3.8% vs Q2 2026
Employees
109
−10 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of food products · EMTAK 10

  • Turnover · Q3 2026 15 mn €
    industry median 45 078 € · companies in the industry: 614
  • Labour taxes per employee 3 731 €
    industry median 1 325 € · companies in the industry: 551
  • Revenue · 2025 29.1 mn €
    industry median 18 772 € · companies in the industry: 1 075
  • Net profit margin · 2025 1.9 %
    industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 14 963 042 € · +19.2% vs Q2 2026 · industry median 45 078 € · above 98% of the industry
05 00010 00015 000Q4 2023 Company: 9 333 125 € Industry median: 54 156 €Q4·23Q1 2024 Company: 7 829 471 € Industry median: 49 728 €Q2 2024 Company: 12 645 391 € Industry median: 55 467 €Q2·24Q3 2024 Company: 13 787 870 € Industry median: 52 453 €Q4 2024 Company: 6 999 717 € Industry median: 55 699 €Q4·24Q1 2025 Company: 7 559 059 € Industry median: 45 267 €Q2 2025 Company: 12 090 332 € Industry median: 45 781 €Q2·25Q3 2025 Company: 13 298 972 € Industry median: 42 511 €Q4 2025 Company: 7 438 868 € Industry median: 43 779 €Q4·25Q1 2026 Company: 7 061 878 € Industry median: 42 208 €Q2 2026 Company: 12 550 080 € Industry median: 43 291 €Q2·26Q3 2026 Company: 14 963 042 € Industry median: 45 078 €Q3·2605 00010 00015 000Q4 2024 Company: 6 999 717 € Industry median: 55 699 €Q1 2025 Company: 7 559 059 € Industry median: 45 267 €Q1·25Q2 2025 Company: 12 090 332 € Industry median: 45 781 €Q3 2025 Company: 13 298 972 € Industry median: 42 511 €Q3·25Q4 2025 Company: 7 438 868 € Industry median: 43 779 €Q1 2026 Company: 7 061 878 € Industry median: 42 208 €Q1·26Q2 2026 Company: 12 550 080 € Industry median: 43 291 €Q3 2026 Company: 14 963 042 € Industry median: 45 078 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 731 € · +5.1% vs Q2 2026 · industry median 1 325 € · above 92% of the industry
02 0004 0006 000Q4 2023 Company: 5 722 € Industry median: 1 130 €Q4·23Q1 2024 Company: 4 822 € Industry median: 1 255 €Q2 2024 Company: 3 937 € Industry median: 1 151 €Q2·24Q3 2024 Company: 3 592 € Industry median: 1 235 €Q4 2024 Company: 3 514 € Industry median: 1 242 €Q4·24Q1 2025 Company: 3 076 € Industry median: 1 334 €Q2 2025 Company: 3 813 € Industry median: 1 237 €Q2·25Q3 2025 Company: 3 925 € Industry median: 1 349 €Q4 2025 Company: 3 722 € Industry median: 1 355 €Q4·25Q1 2026 Company: 3 311 € Industry median: 1 278 €Q2 2026 Company: 3 550 € Industry median: 1 307 €Q2·26Q3 2026 Company: 3 731 € Industry median: 1 325 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 514 € Industry median: 1 242 €Q1 2025 Company: 3 076 € Industry median: 1 334 €Q1·25Q2 2025 Company: 3 813 € Industry median: 1 237 €Q3 2025 Company: 3 925 € Industry median: 1 349 €Q3·25Q4 2025 Company: 3 722 € Industry median: 1 355 €Q1 2026 Company: 3 311 € Industry median: 1 278 €Q1·26Q2 2026 Company: 3 550 € Industry median: 1 307 €Q3 2026 Company: 3 731 € Industry median: 1 325 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 109 · −8.4% vs Q2 2026
0255075100125Q4 2023 Company: 114Q4·23Q1 2024 Company: 115Q2 2024 Company: 116Q2·24Q3 2024 Company: 109Q4 2024 Company: 111Q4·24Q1 2025 Company: 116Q2 2025 Company: 120Q2·25Q3 2025 Company: 111Q4 2025 Company: 110Q4·25Q1 2026 Company: 112Q2 2026 Company: 119Q2·26Q3 2026 Company: 109Q3·260255075100125Q4 2024 Company: 111Q1 2025 Company: 116Q1·25Q2 2025 Company: 120Q3 2025 Company: 111Q3·25Q4 2025 Company: 110Q1 2026 Company: 112Q1·26Q2 2026 Company: 119Q3 2026 Company: 109Q3·26
State taxes, € thousand Q3 2026: 1 330 563 € · +53.7% vs Q2 2026
05001 0001 500Q4 2023 Company: 1 289 896 €Q4·23Q1 2024 Company: 970 067 €Q2 2024 Company: 1 411 322 €Q2·24Q3 2024 Company: 1 162 257 €Q4 2024 Company: 833 019 €Q4·24Q1 2025 Company: 668 818 €Q2 2025 Company: 626 119 €Q2·25Q3 2025 Company: 1 217 424 €Q4 2025 Company: 818 782 €Q4·25Q1 2026 Company: 595 568 €Q2 2026 Company: 865 554 €Q2·26Q3 2026 Company: 1 330 563 €Q3·2605001 0001 500Q4 2024 Company: 833 019 €Q1 2025 Company: 668 818 €Q1·25Q2 2025 Company: 626 119 €Q3 2025 Company: 1 217 424 €Q3·25Q4 2025 Company: 818 782 €Q1 2026 Company: 595 568 €Q1·26Q2 2026 Company: 865 554 €Q3 2026 Company: 1 330 563 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 14 963 042 1 330 563 406 639 109
Q2 2026 12 550 080 865 554 422 498 119
Q1 2026 7 061 878 595 568 370 887 112
Q4 2025 7 438 868 818 782 409 390 110
Q3 2025 13 298 972 1 217 424 435 673 111
Q2 2025 12 090 332 626 119 457 537 120
Q1 2025 7 559 059 668 818 356 862 116
Q4 2024 6 999 717 833 019 390 075 111
Q3 2024 13 787 870 1 162 257 391 542 109
Q2 2024 12 645 391 1 411 322 456 721 116
Q1 2024 7 829 471 970 067 554 555 115
Q4 2023 9 333 125 1 289 896 652 275 114
Q3 2023 15 747 387 1 702 270 671 183 138
Q2 2023 14 093 273 1 369 256 668 044 158
Q1 2023 8 846 334 1 059 839 566 539 149
Q4 2022 8 520 696 1 085 701 568 044 148
Q3 2022 15 022 480 1 327 073 604 115 149
Q2 2022 11 955 605 1 160 996 609 496 150
Q1 2022 8 089 268 921 999 496 215 148
Labour taxes per employee per month
1 244 €
Turnover per employee in the quarter
137 276 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 29 118 444 € · +1.8% vs 2024 · industry median 18 772 € · above 98% of the industry
010 00020 00030 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 28 506 784 € Industry median: 30 835 €20192020 Company: 28 935 251 € Industry median: 25 856 €20202021 Company: 30 134 961 € Industry median: 27 831 €20212022 Company: 33 027 547 € Industry median: 27 183 €20222023 Company: 37 092 874 € Industry median: 25 465 €20232024 Company: 28 610 735 € Industry median: 20 780 €20242025 Company: 29 118 444 € Industry median: 18 772 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 28 506 784 € Industry median: 30 835 €20192020 Company: 28 935 251 € Industry median: 25 856 €2021 Company: 30 134 961 € Industry median: 27 831 €20212022 Company: 33 027 547 € Industry median: 27 183 €2023 Company: 37 092 874 € Industry median: 25 465 €20232024 Company: 28 610 735 € Industry median: 20 780 €2025 Company: 29 118 444 € Industry median: 18 772 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 557 977 € · +1 314.0% vs 2024 · industry median 37 € · above 98% of the industry
-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 805 849 € Industry median: 589 €20192020 Company: 1 571 693 € Industry median: 313 €20202021 Company: 1 326 318 € Industry median: 539 €20212022 Company: -351 830 € Industry median: 195 €20222023 Company: 2 894 685 € Industry median: 144 €20232024 Company: 39 462 € Industry median: 84 €20242025 Company: 557 977 € Industry median: 37 €2025-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: 805 849 € Industry median: 589 €20192020 Company: 1 571 693 € Industry median: 313 €2021 Company: 1 326 318 € Industry median: 539 €20212022 Company: -351 830 € Industry median: 195 €2023 Company: 2 894 685 € Industry median: 144 €20232024 Company: 39 462 € Industry median: 84 €2025 Company: 557 977 € Industry median: 37 €2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.9 % · +1.8 pp vs the year before · industry median 2.1 % · above 49% of the industry
-2024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2.8 % Industry median: 3.6 %20192020 Company: 5.4 % Industry median: 3.3 %20202021 Company: 4.4 % Industry median: 3.8 %20212022 Company: -1.1 % Industry median: 2.8 %20222023 Company: 7.8 % Industry median: 2.8 %20232024 Company: 0.1 % Industry median: 2.3 %20242025 Company: 1.9 % Industry median: 2.1 %2025-2024682018 Company: — Industry median: —2019 Company: 2.8 % Industry median: 3.6 %20192020 Company: 5.4 % Industry median: 3.3 %2021 Company: 4.4 % Industry median: 3.8 %20212022 Company: -1.1 % Industry median: 2.8 %2023 Company: 7.8 % Industry median: 2.8 %20232024 Company: 0.1 % Industry median: 2.3 %2025 Company: 1.9 % Industry median: 2.1 %2025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 15 253 846 € · +18.8% vs 2024
05 00010 00015 00020 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 14 656 113 €20192020 Company: 14 192 062 €20202021 Company: 13 866 702 €20212022 Company: 13 489 825 €20222023 Company: 14 717 252 €20232024 Company: 12 844 481 €20242025 Company: 15 253 846 €202505 00010 00015 00020 0002018 Company: —2019 Company: 14 656 113 €20192020 Company: 14 192 062 €2021 Company: 13 866 702 €20212022 Company: 13 489 825 €2023 Company: 14 717 252 €20232024 Company: 12 844 481 €2025 Company: 15 253 846 €2025
Equity, € thousand 2025: 4 202 877 € · −9.5% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 6 364 572 €20192020 Company: 6 936 265 €20202021 Company: 6 762 583 €20212022 Company: 4 910 753 €20222023 Company: 7 305 438 €20232024 Company: 4 644 900 €20242025 Company: 4 202 877 €202502 0004 0006 0008 0002018 Company: —2019 Company: 6 364 572 €20192020 Company: 6 936 265 €2021 Company: 6 762 583 €20212022 Company: 4 910 753 €2023 Company: 7 305 438 €20232024 Company: 4 644 900 €2025 Company: 4 202 877 €2025
Employees 2025: 110 · industry median 3 · above 98% of the industry
01002003002016 Company: 250 Industry median: —20162017 Company: 253 Industry median: —20172018 Company: 235 Industry median: 420182019 Company: 224 Industry median: 420192020 Company: 220 Industry median: 420202021 Company: 210 Industry median: 320212022 Company: 205 Industry median: 320222023 Company: 215 Industry median: 320232024 Company: 0 Industry median: 320242025 Company: 110 Industry median: 320250501001502002502018 Company: 235 Industry median: 42019 Company: 224 Industry median: 420192020 Company: 220 Industry median: 42021 Company: 210 Industry median: 320212022 Company: 205 Industry median: 32023 Company: 215 Industry median: 320232024 Company: 0 Industry median: 32025 Company: 110 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 29 118 444 557 977 — 15 253 846 4 202 877 110
2024 28 610 735 39 462 — 12 844 481 4 644 900 0
2023 37 092 874 2 894 685 6 748 023 14 717 252 7 305 438 215
2022 33 027 547 -351 830 5 786 211 13 489 825 4 910 753 205
2021 30 134 961 1 326 318 5 604 750 13 866 702 6 762 583 210
2020 28 935 251 1 571 693 5 573 633 14 192 062 6 936 265 220
2019 28 506 784 805 849 5 304 580 14 656 113 6 364 572 224
2018 — — — — — 235
2017 — — — — — 253
2016 — — — — — 250
2015 — — — — — 248
2014 — — — — — 231
2013 — — — — — 239
2012 — — — — — 242
2011 — — — — — 252
2010 — — — — — 201
2009 — — — — — 180
2008 — — — — — 200
2007 — — — — — 200
2006 — — — — — 230
2005 — — — — — 225
2004 — — — — — 213
2003 — — — — — 200
2002 — — — — — 190
2001 — — — — — 170
2000 — — — — — 154
1999 — — — — — 113
1998 — — — — — 90
1997 — — — — — 53

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
1.9 %
Net profit / revenue
Return on equity (ROE)
13.3 %
Net profit / equity
Return on assets (ROA)
3.7 %
Net profit / assets
Equity ratio
27.6 %
Equity / assets
Debt ratio
72.4 %
Liabilities / assets
Current ratio
0.77
Current assets / current liabilities
Revenue per employee
268 428 €
Revenue / average full-time employees

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 25 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 12 May 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 11 May 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 27 Apr 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
2 722 000 € OP Corporate Bank plc 30 Mar 2017 – in force
1 20 000 000 EEK OP Corporate Bank plc 5 Oct 2007 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Anne Tääkre
    Board member · since 19 May 2026

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

  • Kaia Salumets
    Member of a senior management body (management or supervisory board) · since 26 Jan 2023
  • Enn Kunila
    Member of a senior management body (management or supervisory board) · since 24 Oct 2018
  • Jüri Käo
    Member of a senior management body (management or supervisory board) · since 24 Oct 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 10521Manufacture of ice cream and other edible ice Main
  • 46391Non-specialised wholesale of food, beverages and tobacco
Rulings
Number, date Title Deadline State Document
Ä 10000367 / 25
19 May 2026
Amendment entry In force
19 May 2026
PDF
Ä 10000367 / 24
24 Mar 2026
Amendment entry In force
24 Mar 2026
PDF
Ä 10000367 / 23
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10000367 / 22
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10000367 / 21
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
K 10000367 / 20
30 Mar 2017
Commercial pledge entered In force
30 Mar 2017
PDF
K 10000367 / 19
30 Mar 2017
Commercial pledge amended In force
30 Mar 2017
PDF
Ä 10000367 / 18
9 Sep 2016
Amendment entry In force
9 Sep 2016
PDF
Ä 10000367 / 17
24 Aug 2016
Amendment entry In force
24 Aug 2016
PDF
K 10000367 / 16
26 Aug 2014
Commercial pledge amended In force
26 Aug 2014
PDF
Ä 10000367 / 15
29 Oct 2012
Amendment entry In force
29 Oct 2012
PDF
Ä 10000367 / M6
10 Oct 2012
Ruling to eliminate deficiencies 12 Nov 2012 In force
10 Oct 2012
PDF
Ä 10000367 / 14
31 Oct 2011
Amendment entry In force
31 Oct 2011
PDF
K 10112701 / 2
20 Sep 2011
Commercial pledge amended In force
20 Sep 2011
PDF
Ä 10000367 / 13
10 Jan 2011
Amendment entry In force
10 Jan 2011
PDF
Ä 10000367 / 12
7 Dec 2010
Amendment entry In force
7 Dec 2010
PDF
Ä 10000367 / M5
30 Nov 2010
Ruling to eliminate deficiencies 20 Dec 2010 In force
30 Nov 2010
PDF
Ä 10000367 / 11
25 Nov 2010
Amendment entry In force
25 Nov 2010
PDF
Ä 367 / 10
14 Apr 2009
Amendment entry In force
14 Apr 2009
PDF
Ä 367 / M4
6 Apr 2009
Ruling to eliminate deficiencies 6 May 2009 In force
6 Apr 2009
PDF
Ä 367 / 9
15 Dec 2008
Amendment entry In force
15 Dec 2008
PDF
Ä 367 / 8
3 Dec 2008
Deletion of activities from the registry card In force
15 Dec 2008
PDF
K 112701
5 Oct 2007
Commercial pledge entered In force
5 Oct 2007
PDF
Ä 367 / 7
9 Jan 2003
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data