Aktsiaselts Balsnack International Holding

Active Registry code 10173701 AS Ääsmäe küla Registered 10 Dec 1996

Aktsiaselts Balsnack International Holding is a AS based in Ääsmäe küla, registry code 10173701, status: active. Main activity: Manufacture of other food products n.e.c.. According to EMTA, turnover for Q3 2026 was €3 331 407 with 66 employees.

Turnover

3 331 407 €

↑ 16.4% vs Q2 2026

State taxes

359 805 €

↑ 21.6% vs Q2 2026

Labour taxes

281 729 €

↑ 1.1% vs Q2 2026

Employees

−7 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 3.3 mn €

above 91% of companies

industry median 45 078 € · companies in the industry: 614
Labour taxes per employee 4 269 €

above 95% of companies

industry median 1 325 € · companies in the industry: 551
Revenue · 2025 9.8 mn €

above 98% of companies

industry median 18 772 € · companies in the industry: 1 075
Net profit margin · 2025 -2.1 %

above 29% of companies

industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 3 331 407 € · +16.4% vs Q2 2026 · industry median 45 078 € · above 91% of the industry

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: 4 269 € · +11.9% vs Q2 2026 · industry median 1 325 € · above 95% of the industry

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: 66 · −9.6% vs Q2 2026

State taxes, € thousand Q3 2026: 359 805 € · +21.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	3 331 407	359 805	281 729	66
Q2 2026	2 861 653	295 942	278 552	73
Q1 2026	2 912 368	386 870	249 893	75
Q4 2025	3 134 533	377 944	274 228	72
Q3 2025	2 866 279	333 351	290 931	75
Q2 2025	2 831 175	312 446	281 817	78
Q1 2025	2 605 612	304 693	275 620	82
Q4 2024	3 064 237	266 024	263 061	82
Q3 2024	3 371 410	299 264	261 824	77
Q2 2024	3 317 927	297 611	231 421	76
Q1 2024	2 848 588	292 826	229 036	77
Q4 2023	3 167 855	265 336	228 164	75
Q3 2023	3 202 251	268 747	222 803	72
Q2 2023	2 850 282	279 154	213 923	69
Q1 2023	3 059 440	245 526	225 903	74
Q4 2022	3 272 232	194 582	207 167	75
Q3 2022	2 296 476	188 870	177 449	73
Q2 2022	2 164 983	146 285	149 729	70
Q1 2022	2 428 419	167 558	177 506	65

Labour taxes per employee per month

1 423 €

Turnover per employee in the quarter

50 476 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 9 817 627 € · −4.3% vs 2024 · industry median 18 772 € · above 98% of the industry

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: -203 179 € · −140.0% vs 2024 · industry median 37 € · above 2% of the industry

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: -2.1 % · −7.0 pp vs the year before · industry median 2.1 % · above 29% of the industry

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: 6 761 097 € · −1.2% vs 2024

Equity, € thousand 2025: 3 847 782 € · −5.2% vs 2024

Employees 2025: 79 · +1.3% vs 2024 · industry median 3 · above 93% of the industry

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	9 817 627	-203 179	2 679 018	6 761 097	3 847 782	79
2024	10 259 645	508 128	2 517 628	6 841 007	4 056 950	78
2023	9 810 581	420 123	2 254 175	6 281 485	3 494 054	70
2022	8 328 204	74 988	1 829 012	6 243 800	2 783 854	64
2021	7 635 037	133 371	1 546 277	5 483 573	2 708 866	58
2020	6 595 599	406 217	1 203 030	4 919 955	2 575 495	53
2019	5 762 079	259 622	922 894	4 646 752	2 206 248	52
2018	—	—	—	—	—	60
2017	—	—	—	—	—	60
2016	—	—	—	—	—	49
2015	—	—	—	—	—	61
2014	—	—	—	—	—	59
2013	—	—	—	—	—	64
2012	—	—	—	—	—	58
2011	—	—	—	—	—	64
2010	—	—	—	—	—	65
2009	—	—	—	—	—	67
2008	—	—	—	—	—	64
2007	—	—	—	—	—	65
2006	—	—	—	—	—	65
2005	—	—	—	—	—	65
2004	—	—	—	—	—	50
2003	—	—	—	—	—	45
2002	—	—	—	—	—	7
2000	—	—	—	—	—	0

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

-2.1 %

Net profit / revenue

Return on equity (ROE)

-5.3 %

Net profit / equity

Return on assets (ROA)

-3.0 %

Net profit / assets

Equity ratio

56.9 %

Equity / assets

Debt ratio

43.1 %

Liabilities / assets

Current ratio

1.06

Current assets / current liabilities

Revenue per employee

124 274 €

Revenue / average full-time employees

Labour cost per employee per month

2 826 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	15 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own · 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	20 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Aug 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Apr 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	6 Oct 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
3	200 000 €	Swedbank AS	16 Mar 2022 – in force
2	1 200 000 EEK	Swedbank AS	1 Nov 2002 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Reigo Rusing
Board member · since 29 Jul 2016
Arno Veski
Board member · since 12 Sep 2017
Monika Rusing
Board member · since 21 Jan 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

OÜ Tootjavastutusorganisatsioon
20.20%

Beneficial owners

Elmar Rusing
Over 50% of voting rights in the consolidated entity · since 18 Sep 2018

Founders and other persons

AS Arupore
Founder · 2 000 000 € · 10 Dec 1996
Alar-Ants Smirnov
Audit firm · 11 Jun 2018
Elmar Rusing
Chairman of the supervisory board · 4 Dec 2023
Ene Poll
Supervisory board member · 4 Dec 2023
Juhan Kull
Supervisory board member · 22 Oct 2026
Omanikukonto: ELMAR RUSING
Shareholder · 542 528 € · 24 Oct 2024

shared board members, owners or beneficial owners

Activities (EMTAK)

10891Manufacture of other food products n.e.c. Main
10131Production of meat and poultry meat products
10311Processing and preserving of potatoes
10721Manufacture of rusks, biscuits, preserved pastries and cakes
10921Manufacture of prepared pet foods
82991Other business support service activities n.e.c.

Rulings 37

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10009284 / 26 21 Jan 2026	Amendment entry		In force 21 Jan 2026	PDF
Ä 10009284 / 25 22 Dec 2023	Amendment entry		In force 22 Dec 2023	PDF
Ä 10009284 / 24 1 Nov 2023	Amendment entry		In force 1 Nov 2023	PDF
Ä 10009284 / M14 27 Oct 2023	Ruling to eliminate deficiencies	16 Nov 2023	Deficiencies eliminated 1 Nov 2023	PDF
Ä 10009284 / M13 25 Jan 2023	Ruling to correct data outside an entry	8 Feb 2023	Deficiencies eliminated 30 Jan 2023	PDF
K 10009284 / 23 16 Mar 2022	Commercial pledge entered		In force 16 Mar 2022	PDF
K 10009284 / 22 16 Mar 2022	Commercial pledge amended		In force 16 Mar 2022	PDF
Ä 10009284 / M12 27 Jan 2020	Ruling to correct data outside an entry	10 Feb 2020	Deficiencies eliminated 28 Jan 2020	PDF
Ä 10009284 / M11 8 Feb 2019	Ruling to correct data outside an entry	23 Feb 2019	Deficiencies eliminated 11 Feb 2019	PDF
Ä 10009284 / M10 19 Sep 2018	Ruling to correct data outside an entry	19 Oct 2018	In force 19 Sep 2018	PDF
Ä 10009284 / 21 19 Sep 2018	Amendment under Commercial Code § 525 (2)		In force 19 Sep 2018	PDF
Ä 10009284 / 20 12 Jun 2018	Amendment entry		In force 12 Jun 2018	PDF
Ä 10009284 / 19 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10009284 / 18 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10009284 / 17 12 Sep 2017	Amendment entry		In force 12 Sep 2017	PDF
Ä 10009284 / 16 14 Jul 2017	Amendment entry		In force 14 Jul 2017	PDF
Ä 10009284 / 15 14 Jul 2017	Amendment entry		In force 14 Jul 2017	PDF
Ä 10009284 / M9 7 Jul 2017	Ruling to eliminate deficiencies	6 Aug 2017	Deficiencies eliminated 14 Jul 2017	PDF
Ä 10009284 / 14 8 Nov 2016	Amendment entry		In force 8 Nov 2016	PDF
Ä 10009284 / M8 31 Oct 2016	Ruling to eliminate deficiencies	20 Nov 2016	Deficiencies eliminated 2 Nov 2016	PDF
Ä 10009284 / 13 29 Jul 2016	Amendment entry		In force 29 Jul 2016	PDF
Ä 10009284 / M7 13 Jul 2016	Ruling to eliminate deficiencies	2 Aug 2016	Deficiencies eliminated 28 Jul 2016	PDF
Ä 10009284 / 12 31 Dec 2014	Amendment entry		In force 31 Dec 2014	PDF
Ä 10009284 / M6 17 Dec 2014	Ruling to eliminate deficiencies	16 Jan 2015	Deficiencies eliminated 22 Dec 2014	PDF
Ä 10009284 / 11 31 Oct 2011	Amendment entry		In force 31 Oct 2011	PDF
Ä 10009284 / M5 6 Oct 2011	Ruling to eliminate deficiencies		In force 6 Oct 2011	PDF
Ä 10009284 / M4 15 Jul 2011	Ruling to eliminate deficiencies		In force 15 Jul 2011	PDF
Ä 10009284 / 10 29 Jun 2010	Deletion of activities from the registry card		In force 29 Jun 2010	PDF
Ä 9284 / 9 25 Sep 2009	Amendment entry		In force 25 Sep 2009	PDF
Ä 9284 / M3 23 Sep 2009	Ruling to eliminate deficiencies		In force 23 Sep 2009	PDF
Ä 9284 / 8 5 Aug 2009	Amendment entry		In force 5 Aug 2009	PDF
Ä 9284 / 7 9 Jul 2003	Amendment entry		In force	PDF
Ä 9284 / 6 3 Feb 2003	Unpublished amendment entry		In force	PDF
Ä 9284 / 5 31 Dec 2002	Entry decision on the register’s own initiative		In force	PDF
Ä 9284 / M2 17 Dec 2002	Ruling to eliminate deficiencies (to be served)	28 Feb 2003	In force	PDF
K 37173 / 3 1 Nov 2002	Commercial pledge entered		In force	PDF
K 37173 / 2 31 Oct 2002	Commercial pledge deleted		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Aktsiaselts Balsnack International Holding

Position in the industry Manufacture of food products · EMTAK 10

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 37