AS Protex Balti
Active Registry code 10081761
AS Tallinn Registered 22 Aug 1996
AS Protex Balti is a AS based in Tallinn, registry code 10081761, status: active. Main activity: Manufacture of outerwear. According to EMTA, turnover for Q3 2026 was €1 470 722 with 173 employees.
Turnover
1 470 722 €
↓ 42.9% vs Q2 2026
State taxes
431 804 €
↓ 14.7% vs Q2 2026
Labour taxes
376 767 €
↓ 1.7% vs Q2 2026
Employees
173
−7 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.5 mn €above 98% of companiesindustry median 14 653 € · companies in the industry: 290
- Labour taxes per employee 2 178 €above 88% of companiesindustry median 1 059 € · companies in the industry: 312
- Revenue · 2025 7.8 mn €above 98% of companiesindustry median 6 431 € · companies in the industry: 830
- Net profit margin · 2025 2.3 %above 49% of companiesindustry median 2.5 % · companies in the industry: 577
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 1 470 722 | 431 804 | 376 767 | 173 |
| Q2 2026 | 2 577 136 | 505 999 | 383 092 | 180 |
| Q1 2026 | 2 265 026 | 545 551 | 377 908 | 183 |
| Q4 2025 | 3 220 382 | 765 448 | 408 728 | 185 |
| Q3 2025 | 1 501 410 | 566 305 | 399 905 | 199 |
| Q2 2025 | 2 629 866 | 473 951 | 393 733 | 204 |
| Q1 2025 | 1 983 304 | 514 335 | 373 713 | 204 |
| Q4 2024 | 2 105 488 | 466 435 | 385 493 | 208 |
| Q3 2024 | 1 827 047 | 451 748 | 397 896 | 218 |
| Q2 2024 | 2 121 408 | 533 982 | 394 966 | 222 |
| Q1 2024 | 1 977 593 | 474 979 | 397 957 | 233 |
| Q4 2023 | 2 467 396 | 464 176 | 395 236 | 232 |
| Q3 2023 | 2 080 773 | 463 850 | 393 521 | 232 |
| Q2 2023 | 2 294 602 | 462 356 | 373 633 | 227 |
| Q1 2023 | 1 834 525 | 412 588 | 336 472 | 220 |
| Q4 2022 | 2 223 006 | 416 249 | 337 625 | 213 |
| Q3 2022 | 1 576 133 | 382 241 | 333 642 | 215 |
| Q2 2022 | 2 167 069 | 355 288 | 299 608 | 225 |
| Q1 2022 | 1 467 138 | 328 967 | 287 820 | 219 |
Labour taxes per employee per month
726 €
Turnover per employee in the quarter
8 501 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 7 810 519 | 179 233 | 4 171 029 | 2 647 755 | 1 646 318 | 192 |
| 2024 | 7 696 362 | 431 098 | 4 337 901 | 2 647 537 | 1 794 684 | 217 |
| 2023 | 8 054 981 | 756 525 | 4 289 076 | 2 527 453 | 1 563 587 | 227 |
| 2022 | 6 932 912 | 222 860 | 3 548 893 | 2 015 555 | 966 485 | 215 |
| 2021 | 5 568 200 | 239 964 | 3 083 245 | 1 837 522 | 893 625 | 201 |
| 2020 | 5 321 164 | 321 493 | 2 999 738 | 1 806 770 | 803 661 | 207 |
| 2019 | 5 025 128 | 47 428 | 3 164 915 | 1 665 281 | 632 169 | 216 |
| 2018 | — | — | — | — | — | 213 |
| 2017 | — | — | — | — | — | 226 |
| 2016 | — | — | — | — | — | 240 |
| 2015 | — | — | — | — | — | 243 |
| 2014 | — | — | — | — | — | 254 |
| 2013 | — | — | — | — | — | 275 |
| 2012 | — | — | — | — | — | 226 |
| 2011 | — | — | — | — | — | 147 |
| 2010 | — | — | — | — | — | 136 |
| 2009 | — | — | — | — | — | 80 |
| 2008 | — | — | — | — | — | 34 |
| 2007 | — | — | — | — | — | 31 |
| 2006 | — | — | — | — | — | 33 |
| 2005 | — | — | — | — | — | 36 |
| 2004 | — | — | — | — | — | 34 |
| 2003 | — | — | — | — | — | 34 |
| 2002 | — | — | — | — | — | 42 |
| 2001 | — | — | — | — | — | 49 |
| 2000 | — | — | — | — | — | 48 |
| 1997 | — | — | — | — | — | 39 |
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
2.3 %
Net profit / revenue
Return on equity (ROE)
10.9 %
Net profit / equity
Return on assets (ROA)
6.8 %
Net profit / assets
Equity ratio
62.2 %
Equity / assets
Debt ratio
37.8 %
Liabilities / assets
Current ratio
2.34
Current assets / current liabilities
Revenue per employee
40 680 €
Revenue / average full-time employees
Labour cost per employee per month
1 810 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 8 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 21 May 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 29 Apr 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 3 May 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 16 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 4 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 1 Jul 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 500 000 € | Swedbank AS | 21 Aug 2018 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Margrethe Engan GjæreBoard member · since 30 Oct 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Margrethe Engan GjæreIndirect ownership · NOR · since 31 Oct 2018
Founders and other persons
- Baker Tilly Baltics OÜAudit firm · 20 Nov 2010
- Enre OruAudit firm · 5 May 2017
- Jens Christian Huus HernesChairman of the supervisory board · 14 Oct 2025
- David EnganSupervisory board member · 14 Oct 2025
- Gunhild Engan OplandSupervisory board member · 14 Oct 2025
- Omanikukonto: TEXPRO HOLDING OÜShareholder · 51 200 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 14211Manufacture of outerwear Main
- 13961Manufacture of other technical and industrial textiles
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30047552 / 15 30 Oct 2025 |
Amendment entry | In force 30 Oct 2025 |
||
| Ä 30047552 / M4 16 Sep 2025 |
Ruling to eliminate deficiencies | 14 Oct 2025 | Deficiencies eliminated 30 Oct 2025 |
|
| Ä 30047552 / 14 12 Oct 2020 |
Amendment entry | In force 12 Oct 2020 |
||
| Ä 30047552 / M3 29 Sep 2020 |
Ruling to eliminate deficiencies | 14 Oct 2020 | Deficiencies eliminated 12 Oct 2020 |
|
| K 30047552 / 13 21 Aug 2018 |
Commercial pledge entered | In force 21 Aug 2018 |
||
| K 30047552 / 12 21 Aug 2018 |
Commercial pledge deleted | In force 21 Aug 2018 |
||
| K 30047552 / 11 21 Aug 2018 |
Commercial pledge deleted | In force 21 Aug 2018 |
||
| K 30047552 / 10 21 Aug 2018 |
Commercial pledge deleted | In force 21 Aug 2018 |
||
| Ä 30047552 / 9 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| K 30047552 / 8 11 Jan 2018 |
Commercial pledge amended | In force 11 Jan 2018 |
||
| K 30047552 / 7 11 Jan 2018 |
Commercial pledge amended | In force 11 Jan 2018 |
||
| K 30047552 / M2 29 Dec 2017 |
Ruling to eliminate deficiencies | 13 Jan 2018 | Deficiencies eliminated 11 Jan 2018 |
|
| K 30047552 / 6 29 Dec 2017 |
Commercial pledge amended | In force 29 Dec 2017 |
||
| Ä 30047552 / 5 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 30047552 / 4 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 30047552 / 3 5 Feb 2016 |
Amendment entry | In force 5 Feb 2016 |
||
| Ä 30047552 / 2 13 Jan 2016 |
Amendment entry | In force 13 Jan 2016 |
||
| Ä 30047552 13 Feb 2014 |
Amendment entry | In force 13 Feb 2014 |
||
| Ä 30047552 / M1 2 Dec 2013 |
Ruling to correct data outside an entry | 1 Jan 2014 | Deficiencies eliminated 4 Dec 2013 |
|
| K 30047553 / 6 14 Sep 2012 |
Commercial pledge amended | In force 14 Sep 2012 |
||
| K 30047553 / 5 14 Sep 2012 |
Commercial pledge amended | In force 14 Sep 2012 |
||
| K 30047553 / 4 14 Sep 2012 |
Commercial pledge amended | In force 14 Sep 2012 |
||
| K 30047553 / 3 15 Jun 2012 |
Commercial pledge entered | In force 15 Jun 2012 |
||
| K 30047553 / 2 15 Jun 2012 |
Commercial pledge amended | In force 15 Jun 2012 |
||
| K 30047553 15 Jun 2012 |
Commercial pledge amended | In force 15 Jun 2012 |
||
| Ä 20001025 / 12 22 Nov 2011 |
Amendment entry | In force 22 Nov 2011 |
||
| K 20007899 / 9 22 Nov 2011 |
Change of registry district | In force 22 Nov 2011 |
||
| K 20007899 / 8 22 Nov 2011 |
Change of registry district | In force 22 Nov 2011 |
||
| K 20007899 / 7 22 Nov 2011 |
Commercial pledge amended (Commercial Code § 33 (7.1)) | In force 22 Nov 2011 |
||
| Ä 20001025 / M11 17 Nov 2011 |
Ruling to be served | In force 17 Nov 2011 |
||
| K 20007899 / 6 11 Feb 2011 |
Commercial pledge amended (Commercial Code § 33 (7.1)) | In force 11 Feb 2011 |
||
| Ä 20001025 / 11 8 Feb 2011 |
Amendment entry | In force 8 Feb 2011 |
||
| Ä 20001025 / M10 21 Jan 2011 |
Ruling to eliminate deficiencies | In force 21 Jan 2011 |
||
| Ä 20001025 / M9 29 Dec 2010 |
Ruling to eliminate deficiencies | In force 29 Dec 2010 |
||
| Ä 20001025 / M8 21 Jul 2010 |
Ruling to be served | 23 Aug 2010 | In force 21 Jul 2010 |
|
| Ä 20001025 / M7 18 Jun 2010 |
Ruling to be served | 13 Jul 2010 | Deficiencies eliminated 2 Jul 2010 |
|
| Ä 1025 / 10 3 Dec 2008 |
Deletion of activities from the registry card | In force 22 Dec 2008 |
||
| Ä 1025 / 9 5 Jul 2007 |
Amendment entry | In force 5 Jul 2007 |
||
| Ä 1025 / M6 23 May 2007 |
Refund of the state fee | In force 23 May 2007 |
||
| Ä 1025 / 8 22 May 2007 |
Amendment entry | In force 22 May 2007 |
||
| Ä 1025 / M5 21 May 2007 |
Ruling to eliminate deficiencies (to be served) | 22 Jul 2007 | In force 23 May 2007 |
|
| K 7899 / 5 15 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 7899 / 4 12 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 1025 / 7 15 Oct 2004 |
Amendment entry | In force | ||
| Ä 1025 / M4 8 Oct 2004 |
Ruling to eliminate deficiencies (to be served) | 9 Dec 2004 | In force | |
| Ä 1025 / 6 27 Mar 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data