Executive Search Baltics OÜ
Active Registry code 10194809
OÜ Tallinn Registered 27 Feb 1997
Executive Search Baltics OÜ is a OÜ based in Tallinn, registry code 10194809, status: active. Main activity: Activities of employment placement agencies. According to EMTA, turnover for Q3 2026 was €39 680 with 1 employees.
Turnover
39 680 €
↓ 28.7% vs Q2 2026
State taxes
11 497 €
↓ 15.9% vs Q2 2026
Labour taxes
5 529 €
↑ 48.6% vs Q2 2026
Employees
1
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 39 680 €above 54% of companiesindustry median 32 553 € · companies in the industry: 715
- Labour taxes per employee 5 529 €above 94% of companiesindustry median 1 477 € · companies in the industry: 653
- Revenue · 2024 125 866 €above 69% of companiesindustry median 39 360 € · companies in the industry: 1 185
- Net profit margin · 2024 -34.3 %above 8% of companiesindustry median 5.0 % · companies in the industry: 906
Taxes and turnover
- Company
- Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Employment activities (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 | 39 680 | 11 497 | 5 529 | 1 |
| Q2 2026 | 55 676 | 13 665 | 3 720 | 3 |
| Q1 2026 | 96 190 | 15 028 | 3 912 | 1 |
| Q4 2025 | 56 174 | 7 310 | 3 969 | 1 |
| Q3 2025 | 30 678 | 7 515 | 6 134 | 1 |
| Q2 2025 | 46 240 | 10 066 | 6 455 | 1 |
| Q1 2025 | 39 938 | 6 309 | 6 381 | 1 |
| Q4 2024 | 40 819 | 3 667 | 4 442 | 2 |
| Q3 2024 | 50 907 | 5 955 | 3 422 | 1 |
| Q2 2024 | 7 822 | 4 183 | 4 199 | 1 |
| Q1 2024 | 24 793 | 4 881 | 4 079 | 2 |
| Q4 2023 | 30 562 | 6 134 | 3 874 | 1 |
| Q3 2023 | 42 328 | 12 318 | 9 115 | 1 |
| Q2 2023 | 49 239 | 6 038 | 5 384 | 4 |
| Q1 2023 | 68 246 | 9 428 | 6 817 | 3 |
| Q4 2022 | 55 125 | 8 857 | 5 011 | 2 |
| Q3 2022 | 86 647 | 9 879 | 4 764 | 2 |
| Q2 2022 | 96 560 | 6 720 | 2 938 | 2 |
| Q1 2022 | 52 784 | 7 862 | 6 604 | 2 |
Labour taxes per employee per month
1 843 €
Turnover per employee in the quarter
39 680 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Employment activities (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 | — | — | — | — | — | 1 |
| 2024 | 125 866 | -43 187 | 44 513 | 38 644 | 1 633 | 2 |
| 2023 | 151 442 | -31 037 | 54 052 | 15 009 | -27 893 | 2 |
| 2022 | 237 918 | 11 998 | 52 802 | 19 809 | 3 144 | 2 |
| 2021 | 174 475 | 25 948 | 40 441 | 29 311 | -8 855 | 2 |
| 2020 | 210 842 | -65 903 | 135 432 | 30 879 | -34 803 | 5 |
| 2019 | 372 194 | 4 549 | 146 715 | 87 970 | 31 100 | 6 |
| 2018 | — | — | — | — | — | 6 |
| 2017 | — | — | — | — | — | 6 |
| 2016 | — | — | — | — | — | 5 |
| 2015 | — | — | — | — | — | 4 |
| 2014 | — | — | — | — | — | 4 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 4 |
| 2011 | — | — | — | — | — | 6 |
| 2010 | — | — | — | — | — | 6 |
| 2009 | — | — | — | — | — | 6 |
| 2008 | — | — | — | — | — | 6 |
| 2007 | — | — | — | — | — | 6 |
| 2006 | — | — | — | — | — | 7 |
| 2005 | — | — | — | — | — | 7 |
| 2004 | — | — | — | — | — | 6 |
| 2003 | — | — | — | — | — | 6 |
| 2002 | — | — | — | — | — | 6 |
| 2001 | — | — | — | — | — | 6 |
| 2000 | — | — | — | — | — | 6 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2024
Net profit margin
-34.3 %
Net profit / revenue
Return on equity (ROE)
-2 644.6 %
Net profit / equity
Return on assets (ROA)
-111.8 %
Net profit / assets
Equity ratio
4.2 %
Equity / assets
Debt ratio
95.8 %
Liabilities / assets
Current ratio
1.02
Current assets / current liabilities
Revenue per employee
62 933 €
Revenue / average full-time employees
Labour cost per employee per month
1 855 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 9 Jul 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 May 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 19 May 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 18 Aug 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 24 May 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 20 Nov 2020 | Company’s own | e-Äriregister |
Board
- Viesturs LiegisBoard member · since 19 Apr 2013
- Aiga AvotiņaBoard member · since 24 Oct 2019
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- SIA EXECUTIVE SEARCH BALTICSLegal person · 3 201 €
Beneficial owners
- Aiga AvotinaDirect ownership · LVA · since 15 Mar 2019
- Viesturs LiegisDirect ownership · LVA · since 15 Mar 2019
Founders and other persons
- Juha Pekka AhtikariFounder · 20 000 € · 27 Feb 1997
- Lauri Juhani StahlbergFounder · 20 000 € · 27 Feb 1997
- Tiina KoikFounder · 10 000 € · 27 Feb 1997
- Rein RuusaluAudit firm · 28 Jan 2003
Activities (EMTAK)
- 78101Activities of employment placement agencies Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10010821 / M5 15 Jul 2026 |
Warning of deletion from the register: annual report not filed | 18 Oct 2026 | Deficiencies eliminated 10 Oct 2026 |
|
| Ä 10010821 / 24 1 Mar 2025 |
Amendment entry | In force 1 Mar 2025 |
||
| Ä 10010821 / 23 1 Mar 2025 |
Amendment entry | In force 1 Mar 2025 |
||
| Ä 10010821 / 22 16 Dec 2024 |
Amendment entry | In force 16 Dec 2024 |
||
| Ä 10010821 / M4 5 Dec 2024 |
Ruling to eliminate deficiencies | 31 Dec 2024 | Deficiencies eliminated 9 Dec 2024 |
|
| Ä 10010821 / 21 24 Oct 2019 |
Amendment entry | In force 24 Oct 2019 |
||
| Ä 10010821 / 20 16 Oct 2019 |
Amendment under Commercial Code § 525 (2) | In force 16 Oct 2019 |
||
| Ä 10010821 / 19 14 Sep 2018 |
Amendment entry | In force 14 Sep 2018 |
||
| Ä 10010821 / M3 12 Sep 2018 |
Ruling to eliminate deficiencies | 26 Sep 2018 | Deficiencies eliminated 12 Sep 2018 |
|
| Ä 10010821 / 18 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10010821 / 17 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10010821 / 16 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10010821 / 15 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10010821 / 14 21 Oct 2015 |
Amendment entry | In force 21 Oct 2015 |
||
| Ä 10010821 / 13 19 Apr 2013 |
Amendment entry | In force 19 Apr 2013 |
||
| Ä 10010821 / 12 8 Mar 2012 |
Amendment entry | In force 8 Mar 2012 |
||
| Ä 10010821 / 11 1 Dec 2010 |
Amendment entry | In force 1 Dec 2010 |
||
| Ä 10010821 / M2 23 Nov 2010 |
Ruling to eliminate deficiencies | 20 Dec 2010 | In force 23 Nov 2010 |
|
| Ä 10010821 / 10 11 Nov 2010 |
Amendment entry | In force 11 Nov 2010 |
||
| Ä 10010821 / M1 8 Nov 2010 |
Ruling to eliminate deficiencies | 6 Dec 2010 | In force 8 Nov 2010 |
|
| Ä 10821 / 9 3 Dec 2008 |
Deletion of activities from the registry card | In force 12 Dec 2008 |
||
| Ä 10821 / 8 19 May 2008 |
Note on registration of shares in the Estonian central register of securities | In force 19 May 2008 |
||
| Ä 10821 / 7 27 Sep 2005 |
Amendment entry | In force | ||
| Ä 10821 / 6 2 Oct 2003 |
Amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data