OÜ BALTMAN

Bankrupt Registry code 10099637 OÜ Tallinn Registered 24 Sep 1996
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OÜ BALTMAN is a OÜ based in Tallinn, registry code 10099637, status: bankrupt. Main activity: Retail sale of clothing in specialised stores. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
1 306 €
↓ 83.9% vs Q2 2026
Labour taxes
1 402 €
↓ 84.4% vs Q2 2026
Employees
—

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

Position in the industry Retail trade · EMTAK 47

  • Revenue · 2023 3.9 mn €
    industry median 20 218 € · companies in the industry: 13 609
  • Net profit margin · 2023 2.4 %
    industry median 2.2 % · companies in the industry: 9 771

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 23 652 € · above 2% of the industry
010 00020 00030 000Q4 2023 Company: — Industry median: 26 822 €Q4·23Q1 2024 Company: — Industry median: 23 246 €Q2 2024 Company: — Industry median: 26 103 €Q2·24Q3 2024 Company: — Industry median: 24 905 €Q4 2024 Company: — Industry median: 25 283 €Q4·24Q1 2025 Company: — Industry median: 21 556 €Q2 2025 Company: — Industry median: 24 404 €Q2·25Q3 2025 Company: — Industry median: 24 441 €Q4 2025 Company: 3 282 € Industry median: 23 532 €Q4·25Q1 2026 Company: 4 074 € Industry median: 20 253 €Q2 2026 Company: 4 678 € Industry median: 23 917 €Q2·26Q3 2026 Company: 0 € Industry median: 23 652 €Q3·26010 00020 00030 000Q4 2024 Company: — Industry median: 25 283 €Q1 2025 Company: — Industry median: 21 556 €Q1·25Q2 2025 Company: — Industry median: 24 404 €Q3 2025 Company: — Industry median: 24 441 €Q3·25Q4 2025 Company: 3 282 € Industry median: 23 532 €Q1 2026 Company: 4 074 € Industry median: 20 253 €Q1·26Q2 2026 Company: 4 678 € Industry median: 23 917 €Q3 2026 Company: 0 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2025: 1 793 € · +24.6% vs Q2 2025 · industry median 1 156 € · above 70% of the industry
05001 0001 5002 000Q4 2023 Company: 1 624 € Industry median: 971 €Q4·23Q1 2024 Company: 1 188 € Industry median: 1 002 €Q2 2024 Company: 790 € Industry median: 1 009 €Q2·24Q3 2024 Company: 1 852 € Industry median: 1 048 €Q4 2024 Company: 1 539 € Industry median: 1 053 €Q4·24Q1 2025 Company: 967 € Industry median: 1 099 €Q2 2025 Company: 1 439 € Industry median: 1 126 €Q2·25Q3 2025 Company: 1 793 € Industry median: 1 156 €Q4 2025 Company: — Industry median: 1 151 €Q4·25Q1 2026 Company: — Industry median: 1 116 €Q2 2026 Company: — Industry median: 1 131 €Q2·26Q3 2026 Company: — Industry median: 1 201 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 539 € Industry median: 1 053 €Q1 2025 Company: 967 € Industry median: 1 099 €Q1·25Q2 2025 Company: 1 439 € Industry median: 1 126 €Q3 2025 Company: 1 793 € Industry median: 1 156 €Q3·25Q4 2025 Company: — Industry median: 1 151 €Q1 2026 Company: — Industry median: 1 116 €Q1·26Q2 2026 Company: — Industry median: 1 131 €Q3 2026 Company: — Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2025: 33 · −2.9% vs Q2 2025
01020304050Q4 2023 Company: 40Q4·23Q1 2024 Company: 41Q2 2024 Company: 44Q2·24Q3 2024 Company: 41Q4 2024 Company: 39Q4·24Q1 2025 Company: 39Q2 2025 Company: 34Q2·25Q3 2025 Company: 33Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·26010203040Q4 2024 Company: 39Q1 2025 Company: 39Q1·25Q2 2025 Company: 34Q3 2025 Company: 33Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 1 306 € · −83.9% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 60 413 €Q4·23Q1 2024 Company: 44 832 €Q2 2024 Company: 32 094 €Q2·24Q3 2024 Company: 70 340 €Q4 2024 Company: 55 615 €Q4·24Q1 2025 Company: 35 083 €Q2 2025 Company: 43 802 €Q2·25Q3 2025 Company: 56 072 €Q4 2025 Company: —Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 8 090 €Q2·26Q3 2026 Company: 1 306 €Q3·26020 00040 00060 000Q4 2024 Company: 55 615 €Q1 2025 Company: 35 083 €Q1·25Q2 2025 Company: 43 802 €Q3 2025 Company: 56 072 €Q3·25Q4 2025 Company: —Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 8 090 €Q3 2026 Company: 1 306 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 1 306 1 402 —
Q2 2026 4 678 8 090 8 982 —
Q1 2026 4 074 — — —
Q4 2025 3 282 — — —
Q3 2025 — 56 072 59 158 33
Q2 2025 — 43 802 48 921 34
Q1 2025 — 35 083 37 712 39
Q4 2024 — 55 615 60 003 39
Q3 2024 — 70 340 75 922 41
Q2 2024 — 32 094 34 748 44
Q1 2024 — 44 832 48 705 41
Q4 2023 — 60 413 64 979 40
Q3 2023 — 62 757 67 616 40
Q2 2023 — 54 161 58 582 49
Q1 2023 — 52 654 56 597 44
Q4 2022 — 66 822 71 708 46
Q3 2022 — 66 426 71 721 53
Q2 2022 — 60 352 65 028 57
Q1 2022 — 80 441 86 081 54

Financials by year

2014 – 2023
Revenue, € thousand 2023: 3 934 348 € · −0.9% vs 2022 · industry median 20 218 € · above 98% of the industry
05 00010 00015 00020 0002014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 16 778 208 € Industry median: 25 000 €20192020 Company: 8 423 299 € Industry median: 21 390 €20202021 Company: 5 927 518 € Industry median: 23 333 €20212022 Company: 3 971 689 € Industry median: 22 891 €20222023 Company: 3 934 348 € Industry median: 20 218 €202305 00010 00015 00020 0002016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 16 778 208 € Industry median: 25 000 €20192020 Company: 8 423 299 € Industry median: 21 390 €2021 Company: 5 927 518 € Industry median: 23 333 €20212022 Company: 3 971 689 € Industry median: 22 891 €2023 Company: 3 934 348 € Industry median: 20 218 €2023
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2023: 93 741 € · +102.6% vs 2022 · industry median 20 € · above 98% of the industry
-4 000-3 000-2 000-1 00001 0002014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 174 334 € Industry median: 246 €20192020 Company: -1 986 222 € Industry median: 98 €20202021 Company: -1 456 888 € Industry median: 245 €20212022 Company: -3 652 814 € Industry median: 96 €20222023 Company: 93 741 € Industry median: 20 €2023-4 000-3 000-2 000-1 00001 0002016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 174 334 € Industry median: 246 €20192020 Company: -1 986 222 € Industry median: 98 €2021 Company: -1 456 888 € Industry median: 245 €20212022 Company: -3 652 814 € Industry median: 96 €2023 Company: 93 741 € Industry median: 20 €2023
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2023: 2.4 % · +94.4 pp vs the year before · industry median 2.2 % · above 51% of the industry
-100-80-60-40-200202014 Company: — Industry median: —20142015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.0 % Industry median: 2.6 %20192020 Company: -23.6 % Industry median: 2.7 %20202021 Company: -24.6 % Industry median: 3.3 %20212022 Company: -92.0 % Industry median: 2.8 %20222023 Company: 2.4 % Industry median: 2.2 %2023-100-80-60-40-200202016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 1.0 % Industry median: 2.6 %20192020 Company: -23.6 % Industry median: 2.7 %2021 Company: -24.6 % Industry median: 3.3 %20212022 Company: -92.0 % Industry median: 2.8 %2023 Company: 2.4 % Industry median: 2.2 %2023
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2023: 6 323 791 € · −2.0% vs 2022
05 00010 00015 0002014 Company: —20142015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 13 185 437 €20192020 Company: 11 693 736 €20202021 Company: 11 163 045 €20212022 Company: 6 449 921 €20222023 Company: 6 323 791 €202305 00010 00015 0002016 Company: —2017 Company: —20172018 Company: —2019 Company: 13 185 437 €20192020 Company: 11 693 736 €2021 Company: 11 163 045 €20212022 Company: 6 449 921 €2023 Company: 6 323 791 €2023
Equity, € thousand 2023: 5 549 729 € · +1.7% vs 2022
05 00010 00015 0002014 Company: —20142015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 551 912 €20192020 Company: 10 565 690 €20202021 Company: 9 108 802 €20212022 Company: 5 455 988 €20222023 Company: 5 549 729 €202305 00010 00015 0002016 Company: —2017 Company: —20172018 Company: —2019 Company: 12 551 912 €20192020 Company: 10 565 690 €2021 Company: 9 108 802 €20212022 Company: 5 455 988 €2023 Company: 5 549 729 €2023
Employees 2023: 43 · +4.9% vs 2022 · industry median 2 · above 98% of the industry
01002003002014 Company: 179 Industry median: —20142015 Company: 196 Industry median: —20152016 Company: 193 Industry median: —20162017 Company: 191 Industry median: —20172018 Company: 183 Industry median: 220182019 Company: 281 Industry median: 220192020 Company: 142 Industry median: 220202021 Company: 108 Industry median: 220212022 Company: 41 Industry median: 220222023 Company: 43 Industry median: 2202301002003002016 Company: 193 Industry median: —2017 Company: 191 Industry median: —20172018 Company: 183 Industry median: 22019 Company: 281 Industry median: 220192020 Company: 142 Industry median: 22021 Company: 108 Industry median: 220212022 Company: 41 Industry median: 22023 Company: 43 Industry median: 22023
  • Company
  • Industry median

Industry: Retail trade (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
2023 3 934 348 93 741 687 989 6 323 791 5 549 729 43
2022 3 971 689 -3 652 814 794 413 6 449 921 5 455 988 41
2021 5 927 518 -1 456 888 1 084 771 11 163 045 9 108 802 108
2020 8 423 299 -1 986 222 1 837 038 11 693 736 10 565 690 142
2019 16 778 208 174 334 2 650 411 13 185 437 12 551 912 281
2018 — — — — — 183
2017 — — — — — 191
2016 — — — — — 193
2015 — — — — — 196
2014 — — — — — 179
2013 — — — — — 179
2012 — — — — — 188
2011 — — — — — 184
2010 — — — — — 187
2009 — — — — — 0
2008 — — — — — 217
2007 — — — — — 207
2006 — — — — — 167
2005 — — — — — 141
2004 — — — — — 127
2003 — — — — — 134
2002 — — — — — 113
2001 — — — — — 85
2000 — — — — — 84

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

Financial ratios for 2023

Net profit margin
2.4 %
Net profit / revenue
Return on equity (ROE)
1.7 %
Net profit / equity
Return on assets (ROA)
1.5 %
Net profit / assets
Equity ratio
87.8 %
Equity / assets
Debt ratio
12.2 %
Liabilities / assets
Current ratio
1.07
Current assets / current liabilities
Revenue per employee
91 496 €
Revenue / average full-time employees
Labour cost per employee per month
1 333 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 28 Jun 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 8 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 28 Aug 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
3 3 000 000 € KJK Fund SICAV-SIF (likvideerimisel) 3 Apr 2019 – in force
2 271 042 939 EEK Swedbank AS 9 Dec 2010 – in force

Board

  • Margus Olesk
    Board member · since 25 Jul 2022
  • Brigitta Albertin
    Board member · since 24 May 2024
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017
  • Sirje Tael
    Bankruptcy trustee · since 4 Nov 2025

Right of representation

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

Owners

Beneficial owners

  • Indrek Rahumaa
    Member of a senior management body (management or supervisory board) · since 16 Jun 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47711Retail sale of clothing in specialised stores Main

History of changes

What Value Period
Status Bankrupt 4 Nov 2025 – now
Status Active 24 Sep 1996 – now
Rulings
Number, date Title Deadline State Document
Ä 10006771 / 28
26 Aug 2026
Entry to enforce another court decision In force
26 Aug 2026
PDF
Ä 10006771 / 27
4 Nov 2025
Entry to enforce another court decision In force
4 Nov 2025
PDF
Ä 10006771 / 26
8 Oct 2025
Entry to enforce another court decision In force
8 Oct 2025
PDF
Ä 10006771 / M2
13 Aug 2025
Fine for not filing the report 10 Sep 2025 In force
11 Sep 2025
PDF
Ä 10006771 / M1
8 Jul 2025
Warning of a fine: annual report not filed 7 Aug 2025 In force
8 Jul 2025
PDF
Ä 10006771 / 25
15 Aug 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Aug 2024
PDF
Ä 10006771 / 24
24 May 2024
Amendment entry In force
24 May 2024
PDF
Ä 10006771 / 23
25 Jul 2022
Amendment entry In force
25 Jul 2022
PDF
Ä 10006771 / 22
21 Jun 2021
Amendment entry In force
21 Jun 2021
PDF
Ä 10006771 / 21
27 Jan 2021
Amendment entry In force
27 Jan 2021
PDF
Ä 10006771 / 20
23 Sep 2020
Amendment under Commercial Code § 525 (2) In force
23 Sep 2020
PDF
Ä 10006771 / 19
1 Sep 2020
Amendment entry In force
1 Sep 2020
PDF
Ä 10006771 / 18
7 Nov 2019
Amendment entry In force
7 Nov 2019
PDF
K 10006771 / 17
3 Apr 2019
Commercial pledge entered In force
3 Apr 2019
PDF
Ä 10006771 / 16
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10006771 / 15
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10006771 / 14
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10006771 / 13
9 Sep 2016
Amendment entry In force
9 Sep 2016
PDF
Ä 10006771 / 12
4 Nov 2015
Amendment entry In force
4 Nov 2015
PDF
Ä 10006771 / 11
14 Jul 2015
Amendment entry In force
14 Jul 2015
PDF
Ä 10006771 / 10
31 Jan 2013
Amendment entry In force
31 Jan 2013
PDF
Ä 10006771 / 9
17 Sep 2012
Amendment entry In force
17 Sep 2012
PDF
Ä 10006771 / 8
10 Oct 2011
Amendment entry In force
10 Oct 2011
PDF
Ä 10006771 / 7
4 Jul 2011
Amendment entry In force
4 Jul 2011
PDF
Ä 10006771 / 6
28 Dec 2010
Note on registration of shares in the Estonian central register of securities In force
28 Dec 2010
PDF
K 10017690 / 4
9 Dec 2010
Commercial pledge entered In force
9 Dec 2010
PDF
Ä 6771 / 5
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
K 17690 / 3
18 Feb 2003
Commercial pledge deleted In force PDF
Ä 6771 / 4
23 Sep 2002
Transformation entry without a new registry card In force PDF
K 17690 / 2
23 Sep 2002
Compliance with Commercial Code § 33 (7.1) In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data