Ursuit Baltics AS

Active Registry code 10301033 AS Valga linn Registered 29 Oct 1997
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Ursuit Baltics AS is a AS based in Valga linn, registry code 10301033, status: active. Main activity: Manufacture of outerwear. According to EMTA, turnover for Q3 2026 was €2 705 751 with 104 employees.

Turnover
2 705 751 €
↓ 26.9% vs Q2 2026
State taxes
165 285 €
↑ 6.0% vs Q2 2026
Labour taxes
176 429 €
↑ 7.6% vs Q2 2026
Employees
104
±0 vs Q2 2026

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

Position in the industry Manufacture of wearing apparel · EMTAK 14

  • Turnover · Q3 2026 2.7 mn €
    industry median 14 653 € · companies in the industry: 290
  • Labour taxes per employee 1 696 €
    industry median 1 059 € · companies in the industry: 312
  • Revenue · 2025 10.8 mn €
    industry median 6 431 € · companies in the industry: 830
  • Net profit margin · 2025 4.4 %
    industry median 2.5 % · companies in the industry: 577

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 705 751 € · −26.9% vs Q2 2026 · industry median 14 653 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 3 756 358 € Industry median: 20 656 €Q4·23Q1 2024 Company: 2 629 274 € Industry median: 17 399 €Q2 2024 Company: 2 042 972 € Industry median: 18 114 €Q2·24Q3 2024 Company: 2 190 504 € Industry median: 19 632 €Q4 2024 Company: 5 059 381 € Industry median: 18 919 €Q4·24Q1 2025 Company: 3 631 592 € Industry median: 18 079 €Q2 2025 Company: 2 851 670 € Industry median: 17 692 €Q2·25Q3 2025 Company: 4 160 271 € Industry median: 17 208 €Q4 2025 Company: 3 980 794 € Industry median: 17 744 €Q4·25Q1 2026 Company: 3 620 598 € Industry median: 16 230 €Q2 2026 Company: 3 699 595 € Industry median: 16 749 €Q2·26Q3 2026 Company: 2 705 751 € Industry median: 14 653 €Q3·2602 0004 0006 000Q4 2024 Company: 5 059 381 € Industry median: 18 919 €Q1 2025 Company: 3 631 592 € Industry median: 18 079 €Q1·25Q2 2025 Company: 2 851 670 € Industry median: 17 692 €Q3 2025 Company: 4 160 271 € Industry median: 17 208 €Q3·25Q4 2025 Company: 3 980 794 € Industry median: 17 744 €Q1 2026 Company: 3 620 598 € Industry median: 16 230 €Q1·26Q2 2026 Company: 3 699 595 € Industry median: 16 749 €Q3 2026 Company: 2 705 751 € Industry median: 14 653 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 696 € · +7.6% vs Q2 2026 · industry median 1 059 € · above 80% of the industry
05001 0001 5002 000Q4 2023 Company: 1 151 € Industry median: 806 €Q4·23Q1 2024 Company: 1 405 € Industry median: 858 €Q2 2024 Company: 1 350 € Industry median: 919 €Q2·24Q3 2024 Company: 1 498 € Industry median: 906 €Q4 2024 Company: 1 478 € Industry median: 963 €Q4·24Q1 2025 Company: 1 575 € Industry median: 999 €Q2 2025 Company: 1 669 € Industry median: 973 €Q2·25Q3 2025 Company: 1 777 € Industry median: 1 076 €Q4 2025 Company: 1 729 € Industry median: 1 042 €Q4·25Q1 2026 Company: 1 706 € Industry median: 1 034 €Q2 2026 Company: 1 577 € Industry median: 1 058 €Q2·26Q3 2026 Company: 1 696 € Industry median: 1 059 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 478 € Industry median: 963 €Q1 2025 Company: 1 575 € Industry median: 999 €Q1·25Q2 2025 Company: 1 669 € Industry median: 973 €Q3 2025 Company: 1 777 € Industry median: 1 076 €Q3·25Q4 2025 Company: 1 729 € Industry median: 1 042 €Q1 2026 Company: 1 706 € Industry median: 1 034 €Q1·26Q2 2026 Company: 1 577 € Industry median: 1 058 €Q3 2026 Company: 1 696 € Industry median: 1 059 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 104 · +0.0% vs Q2 2026
0255075100125Q4 2023 Company: 95Q4·23Q1 2024 Company: 95Q2 2024 Company: 98Q2·24Q3 2024 Company: 94Q4 2024 Company: 92Q4·24Q1 2025 Company: 94Q2 2025 Company: 95Q2·25Q3 2025 Company: 96Q4 2025 Company: 96Q4·25Q1 2026 Company: 104Q2 2026 Company: 104Q2·26Q3 2026 Company: 104Q3·260255075100125Q4 2024 Company: 92Q1 2025 Company: 94Q1·25Q2 2025 Company: 95Q3 2025 Company: 96Q3·25Q4 2025 Company: 96Q1 2026 Company: 104Q1·26Q2 2026 Company: 104Q3 2026 Company: 104Q3·26
State taxes, € thousand Q3 2026: 165 285 € · +6.0% vs Q2 2026
0100200300400Q4 2023 Company: 304 142 €Q4·23Q1 2024 Company: 124 871 €Q2 2024 Company: 123 633 €Q2·24Q3 2024 Company: 131 792 €Q4 2024 Company: 127 317 €Q4·24Q1 2025 Company: 138 717 €Q2 2025 Company: 149 024 €Q2·25Q3 2025 Company: 160 089 €Q4 2025 Company: 155 722 €Q4·25Q1 2026 Company: 166 611 €Q2 2026 Company: 155 960 €Q2·26Q3 2026 Company: 165 285 €Q3·26050100150200Q4 2024 Company: 127 317 €Q1 2025 Company: 138 717 €Q1·25Q2 2025 Company: 149 024 €Q3 2025 Company: 160 089 €Q3·25Q4 2025 Company: 155 722 €Q1 2026 Company: 166 611 €Q1·26Q2 2026 Company: 155 960 €Q3 2026 Company: 165 285 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 705 751 165 285 176 429 104
Q2 2026 3 699 595 155 960 163 993 104
Q1 2026 3 620 598 166 611 177 416 104
Q4 2025 3 980 794 155 722 166 027 96
Q3 2025 4 160 271 160 089 170 574 96
Q2 2025 2 851 670 149 024 158 555 95
Q1 2025 3 631 592 138 717 148 094 94
Q4 2024 5 059 381 127 317 135 958 92
Q3 2024 2 190 504 131 792 140 801 94
Q2 2024 2 042 972 123 633 132 327 98
Q1 2024 2 629 274 124 871 133 485 95
Q4 2023 3 756 358 304 142 109 356 95
Q3 2023 2 112 840 121 703 130 248 94
Q2 2023 4 719 277 108 461 115 990 94
Q1 2023 2 556 843 108 069 116 036 95
Q4 2022 3 074 530 104 066 111 100 94
Q3 2022 3 851 709 101 954 110 101 94
Q2 2022 3 285 480 90 948 98 126 94
Q1 2022 2 521 322 98 412 106 435 91
Labour taxes per employee per month
565 €
Turnover per employee in the quarter
26 017 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 10 753 650 € · +23.2% vs 2024 · industry median 6 431 € · above 98% of the industry
02 5005 0007 50010 00012 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5 096 363 € Industry median: 9 064 €20192020 Company: 5 811 384 € Industry median: 7 226 €20202021 Company: 7 299 949 € Industry median: 6 938 €20212022 Company: 9 207 143 € Industry median: 7 238 €20222023 Company: 8 621 288 € Industry median: 6 372 €20232024 Company: 8 726 413 € Industry median: 5 941 €20242025 Company: 10 753 650 € Industry median: 6 431 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 5 096 363 € Industry median: 9 064 €20192020 Company: 5 811 384 € Industry median: 7 226 €2021 Company: 7 299 949 € Industry median: 6 938 €20212022 Company: 9 207 143 € Industry median: 7 238 €2023 Company: 8 621 288 € Industry median: 6 372 €20232024 Company: 8 726 413 € Industry median: 5 941 €2025 Company: 10 753 650 € Industry median: 6 431 €2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 478 217 € · +1.0% vs 2024 · industry median 2 € · above 98% of the industry
02004006008002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 262 543 € Industry median: 118 €20192020 Company: 342 549 € Industry median: 44 €20202021 Company: 553 599 € Industry median: 45 €20212022 Company: 653 226 € Industry median: 37 €20222023 Company: 421 816 € Industry median: 10 €20232024 Company: 473 311 € Industry median: 0 €20242025 Company: 478 217 € Industry median: 2 €202502004006008002018 Company: — Industry median: —2019 Company: 262 543 € Industry median: 118 €20192020 Company: 342 549 € Industry median: 44 €2021 Company: 553 599 € Industry median: 45 €20212022 Company: 653 226 € Industry median: 37 €2023 Company: 421 816 € Industry median: 10 €20232024 Company: 473 311 € Industry median: 0 €2025 Company: 478 217 € Industry median: 2 €2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.4 % · −1.0 pp vs the year before · industry median 2.5 % · above 57% of the industry
024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 5.2 % Industry median: 3.2 %20192020 Company: 5.9 % Industry median: 3.1 %20202021 Company: 7.6 % Industry median: 3.2 %20212022 Company: 7.1 % Industry median: 3.4 %20222023 Company: 4.9 % Industry median: 2.2 %20232024 Company: 5.4 % Industry median: 1.6 %20242025 Company: 4.4 % Industry median: 2.5 %2025024682018 Company: — Industry median: —2019 Company: 5.2 % Industry median: 3.2 %20192020 Company: 5.9 % Industry median: 3.1 %2021 Company: 7.6 % Industry median: 3.2 %20212022 Company: 7.1 % Industry median: 3.4 %2023 Company: 4.9 % Industry median: 2.2 %20232024 Company: 5.4 % Industry median: 1.6 %2025 Company: 4.4 % Industry median: 2.5 %2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 6 017 786 € · −1.1% vs 2024
02 0004 0006 0008 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 700 252 €20192020 Company: 2 887 495 €20202021 Company: 4 918 990 €20212022 Company: 4 741 655 €20222023 Company: 4 207 601 €20232024 Company: 6 083 542 €20242025 Company: 6 017 786 €202502 0004 0006 0008 0002018 Company: —2019 Company: 2 700 252 €20192020 Company: 2 887 495 €2021 Company: 4 918 990 €20212022 Company: 4 741 655 €2023 Company: 4 207 601 €20232024 Company: 6 083 542 €2025 Company: 6 017 786 €2025
Equity, € thousand 2025: 4 009 914 € · +13.5% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 887 196 €20192020 Company: 2 229 745 €20202021 Company: 2 783 344 €20212022 Company: 3 436 570 €20222023 Company: 3 058 386 €20232024 Company: 3 531 697 €20242025 Company: 4 009 914 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 1 887 196 €20192020 Company: 2 229 745 €2021 Company: 2 783 344 €20212022 Company: 3 436 570 €2023 Company: 3 058 386 €20232024 Company: 3 531 697 €2025 Company: 4 009 914 €2025
Employees 2025: 91 · +2.2% vs 2024 · industry median 1 · above 98% of the industry
0204060801002016 Company: 94 Industry median: —20162017 Company: 91 Industry median: —20172018 Company: 96 Industry median: 220182019 Company: 97 Industry median: 220192020 Company: 88 Industry median: 120202021 Company: 87 Industry median: 120212022 Company: 89 Industry median: 120222023 Company: 89 Industry median: 120232024 Company: 89 Industry median: 120242025 Company: 91 Industry median: 120250204060801002018 Company: 96 Industry median: 22019 Company: 97 Industry median: 220192020 Company: 88 Industry median: 12021 Company: 87 Industry median: 120212022 Company: 89 Industry median: 12023 Company: 89 Industry median: 120232024 Company: 89 Industry median: 12025 Company: 91 Industry median: 12025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (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 10 753 650 478 217 1 857 144 6 017 786 4 009 914 91
2024 8 726 413 473 311 1 614 283 6 083 542 3 531 697 89
2023 8 621 288 421 816 1 482 279 4 207 601 3 058 386 89
2022 9 207 143 653 226 1 298 425 4 741 655 3 436 570 89
2021 7 299 949 553 599 1 160 136 4 918 990 2 783 344 87
2020 5 811 384 342 549 1 117 338 2 887 495 2 229 745 88
2019 5 096 363 262 543 1 062 753 2 700 252 1 887 196 97
2018 — — — — — 96
2017 — — — — — 91
2016 — — — — — 94
2015 — — — — — 85
2014 — — — — — 80
2013 — — — — — 78
2012 — — — — — 77
2011 — — — — — 70
2010 — — — — — 73
2009 — — — — — 64
2008 — — — — — 89
2007 — — — — — 89
2006 — — — — — 95
2005 — — — — — 83
2004 — — — — — 75
2003 — — — — — 75
2002 — — — — — 79
2001 — — — — — 76
2000 — — — — — 52
1999 — — — — — 49
1998 — — — — — 50
1997 — — — — — 47

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
4.4 %
Net profit / revenue
Return on equity (ROE)
11.9 %
Net profit / equity
Return on assets (ROA)
7.9 %
Net profit / assets
Equity ratio
66.6 %
Equity / assets
Debt ratio
33.4 %
Liabilities / assets
Current ratio
2.66
Current assets / current liabilities
Revenue per employee
118 172 €
Revenue / average full-time employees
Labour cost per employee per month
1 701 €
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 8 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 22 Mar 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Mar 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 15 Jul 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 26 Jul 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 29 Jun 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 8 700 000 EEK aktsiaselts Hansapank 11 Jul 2001 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Sami Pertti Eskonaho
    Board member · since 22 Jun 2017

Right of representation

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

Owners

No owner information.

Beneficial owners

Founders and other persons

Activities (EMTAK)

  • 14211Manufacture of outerwear Main
Rulings
Number, date Title Deadline State Document
Ä 20009497 / M11
22 Oct 2026
Ruling to correct data outside an entry 5 Nov 2026 Deficiencies eliminated
22 Oct 2026
PDF
Ä 20009497 / 17
3 Feb 2025
Amendment entry In force
3 Feb 2025
PDF
Ä 20009497 / M10
29 Jan 2025
Ruling to eliminate deficiencies 28 Feb 2025 Deficiencies eliminated
3 Feb 2025
PDF
Ä 20009497 / M9
4 Oct 2023
Ruling to correct data outside an entry 18 Oct 2023 In force
4 Oct 2023
PDF
Ä 20009497 / 16
12 Nov 2018
Amendment entry In force
12 Nov 2018
PDF
Ä 20009497 / 15
29 Oct 2018
Amendment entry In force
29 Oct 2018
PDF
Ä 20009497 / 14
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20009497 / 13
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20009497 / 12
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20009497 / 11
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 20009497 / 10
29 Jun 2017
Second (constitutive) merger entry In force
29 Jun 2017
PDF
Ä 20009497 / 9
22 Jun 2017
Amendment entry In force
22 Jun 2017
PDF
Ä 20009497 / 8
9 Mar 2015
Entry made by the register on its own initiative In force
9 Mar 2015
PDF
Ä 20009497 / M8
10 Feb 2015
Procedural ruling In force
10 Feb 2015
PDF
Ä 20009497 / 7
7 Jan 2015
Amendment entry In force
7 Jan 2015
PDF
Ä 20009497 / M7
22 Dec 2014
Ruling to eliminate deficiencies 21 Jan 2015 Deficiencies eliminated
7 Jan 2015
PDF
Ä 20009497 / M6
7 Oct 2014
Ruling to correct data outside an entry 6 Nov 2014 Deficiencies eliminated
14 Oct 2014
PDF
Ä 20009497 / M5
27 May 2014
Ruling to correct data outside an entry 26 Jun 2014 Deficiencies eliminated
13 Jun 2014
PDF
Ä 20009497 / 6
8 Jun 2012
Amendment entry In force
8 Jun 2012
PDF
Ä 20009497 / M4
31 May 2012
Ruling to eliminate deficiencies (to be served) In force
31 May 2012
PDF
Ä 20009497 / M3
18 May 2012
Ruling to eliminate deficiencies In force
18 May 2012
PDF
Ä 20009497 / M2
14 Mar 2012
Ruling to eliminate deficiencies In force
14 Mar 2012
PDF
Ä 20009497 / M1
4 Jan 2012
Ruling to eliminate deficiencies In force
4 Jan 2012
PDF
Ä 9497 / 5
28 Dec 2008
Deletion of activities from the registry card In force
28 Dec 2008
PDF
K 20883 / 4
9 May 2006
Commercial pledge amended In force
9 May 2006
PDF
K 20883 / 3
30 Mar 2003
Commercial pledge amended In force PDF
Ä 9497 / 4
7 Nov 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data