AD Baltic AS
Active Registry code 10113076
AS Tallinn Registered 18 Oct 1996
AD Baltic AS is a AS based in Tallinn, registry code 10113076, status: active. Main activity: Wholesale of motor vehicle parts and accessories. According to EMTA, turnover for Q3 2026 was €7 226 715 with 74 employees.
Turnover
7 226 715 €
↑ 84.4% vs Q2 2026
State taxes
1 096 858 €
↑ 53.4% vs Q2 2026
Labour taxes
262 288 €
↑ 104.0% vs Q2 2026
Employees
74
−12 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 7.2 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 3 544 €above 72% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2026 10.3 mn €above 92% of companiesindustry median 111 625 € · companies in the industry: 126
- Net profit margin · 2026 -4.8 %above 18% of companiesindustry median 2.5 % · companies in the industry: 98
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 7 226 715 | 1 096 858 | 262 288 | 74 |
| Q2 2026 | 3 919 392 | 714 821 | 128 548 | 86 |
| Q1 2026 | 3 904 686 | 581 636 | 126 935 | 80 |
| Q4 2025 | 6 084 704 | 829 155 | 138 598 | 82 |
| Q3 2025 | 4 737 408 | 727 033 | 133 968 | 80 |
| Q2 2025 | 4 111 280 | 639 849 | 134 218 | 81 |
| Q1 2025 | 4 256 341 | 617 026 | 136 434 | 83 |
| Q4 2024 | 7 303 590 | 913 464 | 151 680 | 81 |
| Q3 2024 | 6 636 999 | 870 656 | 148 913 | 81 |
| Q2 2024 | 5 788 612 | 807 014 | 131 757 | 81 |
| Q1 2024 | 4 410 636 | 609 479 | 132 729 | 77 |
| Q4 2023 | 5 805 370 | 716 271 | 140 737 | 78 |
| Q3 2023 | 5 605 971 | 683 240 | 140 698 | 83 |
| Q2 2023 | 5 387 814 | 707 934 | 121 472 | 80 |
| Q1 2023 | 4 090 466 | 528 955 | 122 107 | 76 |
| Q4 2022 | 6 167 402 | 723 555 | 135 769 | 75 |
| Q3 2022 | 5 495 879 | 692 561 | 139 285 | 73 |
| Q2 2022 | 4 947 424 | 666 533 | 130 048 | 78 |
| Q1 2022 | 3 555 566 | 518 480 | 135 010 | 82 |
Labour taxes per employee per month
1 181 €
Turnover per employee in the quarter
97 658 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 |
|---|---|---|---|---|---|---|
| 2026 | 10 340 666 | -500 680 | 1 305 250 | 4 849 762 | 90 303 | 52 |
| 2025 | 12 719 467 | -255 174 | 1 450 883 | 4 074 783 | 590 983 | 55 |
| 2024 | 11 504 347 | 21 387 | 1 405 541 | 4 082 480 | 846 156 | 57 |
| 2023 | 11 189 955 | 323 385 | 1 342 032 | 4 853 499 | 824 769 | 55 |
| 2022 | 9 998 659 | 88 718 | 1 400 317 | 4 432 148 | 501 384 | 61 |
| 2021 | 8 676 816 | -238 993 | 1 142 391 | 4 220 803 | 412 666 | 49 |
| 2020 | 8 026 381 | 176 227 | 717 504 | 3 946 673 | 651 659 | 31 |
| 2019 | — | — | — | — | — | 25 |
| 2018 | — | — | — | — | — | 25 |
| 2017 | — | — | — | — | — | 25 |
| 2016 | — | — | — | — | — | 25 |
| 2015 | — | — | — | — | — | 26 |
| 2013 | — | — | — | — | — | 24 |
| 2012 | — | — | — | — | — | 21 |
| 2011 | — | — | — | — | — | 19 |
| 2010 | — | — | — | — | — | 16 |
| 2008 | — | — | — | — | — | 18 |
| 2007 | — | — | — | — | — | 21 |
| 2006 | — | — | — | — | — | 20 |
| 2005 | — | — | — | — | — | 19 |
| 2004 | — | — | — | — | — | 22 |
| 2003 | — | — | — | — | — | 19 |
| 2002 | — | — | — | — | — | 15 |
| 2001 | — | — | — | — | — | 14 |
| 2000 | — | — | — | — | — | 15 |
| 1999 | — | — | — | — | — | 14 |
| 1998 | — | — | — | — | — | 14 |
| 1997 | — | — | — | — | — | 12 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2026
Net profit margin
-4.8 %
Net profit / revenue
Return on equity (ROE)
-554.4 %
Net profit / equity
Return on assets (ROA)
-10.3 %
Net profit / assets
Equity ratio
1.9 %
Equity / assets
Debt ratio
98.1 %
Liabilities / assets
Current ratio
0.88
Current assets / current liabilities
Revenue per employee
198 859 €
Revenue / average full-time employees
Labour cost per employee per month
2 092 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Mar 2025 – 28 Feb 2026 | 7 Jul 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Mar 2024 – 28 Feb 2025 | 25 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Mar 2023 – 29 Feb 2024 | 4 Jul 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Mar 2022 – 28 Feb 2023 | 19 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Mar 2021 – 28 Feb 2022 | 12 Jul 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Mar 2020 – 28 Feb 2021 | 11 Aug 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Mar 2019 – 29 Feb 2020 | 11 Nov 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Vaidas SitkaBoard member · since 6 Apr 2026
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Kęstutis TubutisDirect ownership · LTU · since 22 Oct 2018
Founders and other persons
- Kalle LeetFounder · 2 000 000 € · 18 Oct 1996
- Arvo LepikAudit firm · 31 Dec 2016
- HLB Expertus KLF OÜAudit firm · 31 Dec 2016
- Kęstutis TubutisChairman of the supervisory board · 31 Jan 2026
- Viktorija KačinskėSupervisory board member · 4 Apr 2025
- Tomas MalinauskasSupervisory board member · 31 Jan 2026
- Omanikukonto: UAB AD BALTICShareholder · 127 800 € · 16 Aug 2023
Activities (EMTAK)
- 46721Wholesale of motor vehicle parts and accessories Main
- 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10007826 / 32 30 Jun 2026 |
Second (constitutive) merger entry | In force 30 Jun 2026 |
||
| Ä 10007826 / M20 25 Jun 2026 |
Ruling to eliminate deficiencies | Deficiencies eliminated 30 Jun 2026 |
||
| Ä 10007826 / 31 22 May 2026 |
Amendment entry | In force 22 May 2026 |
||
| K 10007826 / 30 20 Apr 2026 |
Commercial pledge deleted | In force 20 Apr 2026 |
||
| Ä 10007826 / 29 6 Apr 2026 |
Amendment entry | In force 6 Apr 2026 |
||
| Ä 10007826 / M19 6 Feb 2026 |
Ruling to correct data outside an entry | 20 Feb 2026 | Deficiencies eliminated 16 Feb 2026 |
|
| Ä 10007826 / M18 26 May 2025 |
Procedural ruling | In force 26 May 2025 |
||
| Ä 10007826 / M17 30 Apr 2025 |
Ruling to correct data outside an entry | 14 May 2025 | In force 30 Apr 2025 |
|
| Ä 10007826 / 28 6 Oct 2020 |
Amendment entry | In force 6 Oct 2020 |
||
| Ä 10007826 / 27 21 Feb 2020 |
Amendment entry | In force 21 Feb 2020 |
||
| Ä 10007826 / 26 3 Jul 2018 |
Amendment entry | In force 3 Jul 2018 |
||
| Ä 10007826 / M16 26 Jun 2018 |
Ruling to eliminate deficiencies | 11 Jul 2018 | Deficiencies eliminated 28 Jun 2018 |
|
| K 10007826 / 25 12 Mar 2018 |
Commercial pledge amended | In force 12 Mar 2018 |
||
| Ä 10007826 / 24 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10007826 / 23 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10007826 / 22 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10007826 / 21 19 Dec 2016 |
Amendment entry | In force 19 Dec 2016 |
||
| Ä 10007826 / M15 12 Dec 2016 |
Ruling to eliminate deficiencies | 11 Jan 2017 | Deficiencies eliminated 19 Dec 2016 |
|
| Ä 10007826 / 20 1 Sep 2016 |
Amendment entry | In force 1 Sep 2016 |
||
| Ä 10007826 / M14 11 Mar 2016 |
Ruling to correct data outside an entry | 26 Mar 2016 | Deficiencies eliminated 18 Mar 2016 |
|
| Ä 10007826 / M13 25 Feb 2016 |
Ruling to correct data outside an entry | 26 Mar 2016 | Deficiencies eliminated 18 Mar 2016 |
|
| Ä 10007826 / 19 20 Oct 2014 |
Amendment entry | In force 20 Oct 2014 |
||
| Ä 10007826 / M12 17 Oct 2014 |
Ruling to eliminate deficiencies | 16 Nov 2014 | Deficiencies eliminated 20 Oct 2014 |
|
| Ä 10007826 / M11 8 Oct 2014 |
Ruling to correct data outside an entry | 7 Nov 2014 | Deficiencies eliminated 9 Oct 2014 |
|
| K 10007826 / 18 2 Jun 2014 |
Commercial pledge amended | In force 2 Jun 2014 |
||
| Ä 10007826 / 17 5 Mar 2014 |
Amendment entry | In force 5 Mar 2014 |
||
| K 10007826 / 16 20 Dec 2013 |
Commercial pledge entered | In force 20 Dec 2013 |
||
| K 10007826 / 15 19 Sep 2013 |
Commercial pledge deleted | In force 19 Sep 2013 |
||
| K 10007826 / M10 18 Sep 2013 |
Ruling to eliminate deficiencies | 25 Sep 2013 | Deficiencies eliminated 18 Sep 2013 |
|
| Ä 10007826 / 14 1 Dec 2011 |
Amendment entry | In force 1 Dec 2011 |
||
| Ä 10007826 / M9 3 Nov 2011 |
Ruling to eliminate deficiencies | 30 Nov 2011 | In force 3 Nov 2011 |
|
| Ä 10007826 / M8 8 Apr 2011 |
Ruling to be served | In force 8 Apr 2011 |
||
| Ä 10007826 / 13 8 Apr 2011 |
Entry refused: deficiencies not eliminated | In force 8 Apr 2011 |
||
| Ä 10007826 / 12 8 Apr 2011 |
Amendment under Commercial Code § 525 (2) | In force 8 Apr 2011 |
||
| Ä 10007826 / M7 3 Mar 2011 |
Ruling to eliminate deficiencies | 4 Apr 2011 | In force 3 Mar 2011 |
|
| Ä 10007826 / M6 3 Feb 2011 |
Ruling to eliminate deficiencies | 15 Mar 2011 | In force 3 Feb 2011 |
|
| Ä 10007826 / 10 2 Nov 2010 |
Amendment entry | In force 2 Nov 2010 |
||
| Ä 10007826 / M5 28 Oct 2010 |
Ruling to eliminate deficiencies | In force 28 Oct 2010 |
||
| K 10014105 / 5 22 Sep 2010 |
Commercial pledge entered | In force 22 Sep 2010 |
||
| K 10014105 / 4 19 Aug 2010 |
Commercial pledge deleted | In force 19 Aug 2010 |
||
| Ä 7826 / 9 30 Apr 2009 |
Amendment entry | In force 30 Apr 2009 |
||
| Ä 7826 / M4 24 Apr 2009 |
Ruling to eliminate deficiencies | 20 May 2009 | Deficiencies eliminated 30 Apr 2009 |
|
| Ä 7826 / 8 3 Dec 2008 |
Deletion of activities from the registry card | In force 5 Dec 2008 |
||
| Ä 7826 / 7 30 May 2007 |
Amendment entry | In force 30 May 2007 |
||
| Ä 7826 / M3 25 May 2007 |
Ruling to eliminate deficiencies (to be served) | In force 25 May 2007 |
||
| Ä 7826 / 6 4 Jan 2006 |
Amendment entry | Confirmed 5 Jan 2006 |
||
| K 14105 / 3 22 Apr 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 7826 / 5 22 Jul 2003 |
Entry decision on the register’s own initiative | In force | ||
| Ä 7826 / 4 19 Mar 2003 |
Amendment entry | In force | ||
| Ä 7826 / 3 3 Jan 2003 |
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