British American Tobacco Estonia AS

Active Registry code 10376930 AS Tallinn Registered 5 Feb 1998

British American Tobacco Estonia AS is a AS based in Tallinn, registry code 10376930, status: active. Main activity: Wholesale of tobacco products. According to EMTA, turnover for Q3 2026 was €658 140 with 2 employees.

Turnover

658 140 €

↑ 535.5% vs Q2 2026

State taxes

0 €

Labour taxes

21 779 €

↓ 37.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 658 140 €

above 83% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 10 890 €

above 98% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 3.5 mn €

above 91% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 -8.7 %

above 17% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 658 140 € · +535.5% vs Q2 2026 · industry median 60 065 € · above 83% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 10 890 € · −37.3% vs Q2 2026 · industry median 2 104 € · above 98% of the industry

Company
Industry median

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

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	658 140	—	21 779	2
Q2 2026	103 556	—	34 731	2
Q1 2026	1 999 766	—	18 840	2
Q4 2025	226 853	—	22 982	2
Q3 2025	1 267 318	—	23 004	2
Q2 2025	339 715	13 616	34 330	2
Q1 2025	1 492 582	—	17 549	2
Q4 2024	1 285 608	—	19 768	2
Q3 2024	496 235	—	19 947	2
Q2 2024	135 656	—	26 943	2
Q1 2024	1 487 772	—	16 084	2
Q4 2023	1 147 527	—	15 336	2
Q3 2023	467 367	595	18 114	2
Q2 2023	271 338	—	25 753	2
Q1 2023	924 046	—	15 040	2
Q4 2022	539 563	460	15 103	2
Q3 2022	797 081	—	15 776	2
Q2 2022	143 955	28 816	25 775	2
Q1 2022	472 754	—	13 499	2

Labour taxes per employee per month

3 630 €

Turnover per employee in the quarter

329 070 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 3 462 255 € · +10.9% vs 2024 · industry median 63 691 € · above 91% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -300 627 € · −54.4% vs 2024 · industry median 127 € · above 2% of the industry

Company
Industry median

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

Net profit margin, % 2025: -8.7 % · −2.4 pp vs the year before · industry median 2.7 % · above 17% of the industry

Company
Industry median

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

Assets, € thousand 2025: 2 031 884 € · +24.1% vs 2024

Equity, € thousand 2025: 379 314 € · −44.2% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 45% of the industry

Company
Industry median

Industry: Wholesale 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
2025	3 462 255	-300 627	213 112	2 031 884	379 314	2
2024	3 120 741	-194 758	183 062	1 637 086	679 941	2
2023	3 096 300	336 308	172 881	2 054 902	1 096 462	2
2022	2 155 932	109 245	147 657	1 144 580	788 155	2
2021	1 606 987	45 482	166 576	937 993	709 388	2
2020	1 425 386	13 988	137 111	971 788	663 906	2
2019	1 137 780	36 435	125 731	827 041	649 918	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	6
2012	—	—	—	—	—	8
2011	—	—	—	—	—	9
2010	—	—	—	—	—	10
2009	—	—	—	—	—	10
2007	—	—	—	—	—	14
2006	—	—	—	—	—	15
2005	—	—	—	—	—	15
2004	—	—	—	—	—	14
2003	—	—	—	—	—	12
2002	—	—	—	—	—	11
2001	—	—	—	—	—	8
2000	—	—	—	—	—	13
1999	—	—	—	—	—	15

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

-8.7 %

Net profit / revenue

Return on equity (ROE)

-79.3 %

Net profit / equity

Return on assets (ROA)

-14.8 %

Net profit / assets

Equity ratio

18.7 %

Equity / assets

Debt ratio

81.3 %

Liabilities / assets

Current ratio

1.23

Current assets / current liabilities

Revenue per employee

1 731 128 €

Revenue / average full-time employees

Labour cost per employee per month

8 880 €

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	29 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	20 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Nov 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	7 Jul 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	12 Jul 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	1 Jun 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Michelangelo Perini
Board member · since 20 Apr 2026
Grant Thornton Baltic OÜ
Contact person · since 4 Feb 2025

Right of representation

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

Owners

No owner information.

Beneficial owners

Matthias Baltes
Member of a senior management body (management or supervisory board) · DEU · since 7 Mar 2025

Founders and other persons

KPMG Baltics OÜ
Audit firm · 20 Jul 2016
Taavi Salumets
Chairman of the supervisory board · 16 Dec 2024
Donatas Laurinavičius
Supervisory board member · 4 Sep 2023
Jane Jekimov-Kull
Supervisory board member · 16 Dec 2024
Esindajakonto: BNP Paribas SA PAR/CLIENT ASSETS
Shareholder · 28 800 € · 3 Jun 2026

Activities (EMTAK)

46351Wholesale of tobacco products Main

Rulings 40

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10024239 / 41 20 Apr 2026	Amendment entry		In force 20 Apr 2026	PDF
Ä 10024239 / 40 4 Feb 2025	Amendment entry		In force 4 Feb 2025	PDF
Ä 10024239 / 39 3 Feb 2025	Amendment entry		In force 3 Feb 2025	PDF
Ä 10024239 / M7 13 Dec 2024	Ruling to eliminate deficiencies	12 Jan 2025	Deficiencies eliminated 16 Dec 2024	PDF
Ä 10024239 / M6 31 Aug 2024	Warning of deletion from the register: annual report not filed	4 Dec 2024	Deficiencies eliminated 2 Nov 2024	PDF
Ä 10024239 / M5 7 Jul 2024	Warning of deletion from the register: annual report not filed	10 Oct 2024	Deficiencies eliminated 24 Aug 2024	PDF
Ä 10024239 / 38 9 May 2024	Amendment entry		In force 9 May 2024	PDF
Ä 10024239 / M4 10 Apr 2024	Ruling to eliminate deficiencies	1 May 2024	Deficiencies eliminated 2 May 2024	PDF
Ä 10024239 / 37 25 Mar 2022	Amendment entry		In force 25 Mar 2022	PDF
Ä 10024239 / 36 10 Dec 2018	Amendment entry		In force 10 Dec 2018	PDF
Ä 10024239 / 35 15 Nov 2018	Amendment entry		In force 15 Nov 2018	PDF
Ä 10024239 / 34 2 May 2018	Amendment entry		In force 2 May 2018	PDF
Ä 10024239 / 33 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10024239 / 32 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10024239 / 31 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10024239 / 30 10 Mar 2017	Amendment entry		In force 10 Mar 2017	PDF
Ä 10024239 / 29 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
Ä 10024239 / 28 8 Dec 2015	Amendment entry		In force 8 Dec 2015	PDF
Ä 10024239 / 27 28 Aug 2015	Amendment entry		In force 28 Aug 2015	PDF
Ä 10024239 / 26 17 Aug 2015	Amendment entry		In force 17 Aug 2015	PDF
Ä 10024239 / M3 22 Jul 2015	Ruling to eliminate deficiencies	11 Aug 2015	Deficiencies eliminated 17 Aug 2015	PDF
Ä 10024239 / 25 26 May 2014	Amendment entry		In force 26 May 2014	PDF
Ä 10024239 / 24 23 Jan 2014	Amendment entry		In force 23 Jan 2014	PDF
Ä 10024239 / 23 11 Oct 2013	Amendment entry		In force 11 Oct 2013	PDF
Ä 10024239 / 22 7 Oct 2013	Amendment under Commercial Code § 525 (2)		In force 7 Oct 2013	PDF
Ä 10024239 / M2 30 Sep 2013	Ruling to eliminate deficiencies	30 Oct 2013	Deficiencies eliminated 4 Oct 2013	PDF
Ä 10024239 / 21 20 Jun 2011	Amendment entry		In force 20 Jun 2011	PDF
Ä 10024239 / 20 7 Sep 2010	Amendment entry		In force 7 Sep 2010	PDF
Ä 10024239 / 19 6 Aug 2010	Deletion of activities from the registry card		In force 6 Aug 2010	PDF
Ä 10024239 / 18 7 Jun 2010	Amendment entry		In force 7 Jun 2010	PDF
Ä 24239 / 17 31 Aug 2009	Amendment entry		In force 31 Aug 2009	PDF
Ä 24239 / 16 14 Jan 2009	Amendment entry		In force 14 Jan 2009	PDF
Ä 24239 / 15 23 Dec 2008	Amendment entry		In force 23 Dec 2008	PDF
Ä 24239 / 14 19 Nov 2008	Amendment entry		In force 19 Nov 2008	PDF
Ä 24239 / 13 20 Feb 2006	Amendment entry		In force 20 Feb 2006	PDF
Ä 24239 / 12 30 Nov 2005	Amendment entry		In force	PDF
Ä 24239 / 11 20 Sep 2004	Amendment entry		In force	PDF
Ä 24239 / 10 3 Feb 2004	Amendment entry		In force	PDF
Ä 24239 / 9 26 May 2003	Entry decision on the register’s own initiative		In force	PDF
Ä 24239 / 8 31 Oct 2002	Published amendment entry		In force	PDF

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