SOL Baltics OÜ
Active Registry code 10419987
OÜ Tallinn Registered 26 Mar 1998
SOL Baltics OÜ is a OÜ based in Tallinn, registry code 10419987, status: active. Main activity: General cleaning of buildings. According to EMTA, turnover for Q3 2026 was €6 318 516 with 1043 employees.
Turnover
6 318 516 €
↓ 0.3% vs Q2 2026
State taxes
2 446 453 €
↑ 5.7% vs Q2 2026
Labour taxes
1 590 700 €
↑ 8.1% vs Q2 2026
Employees
1 043
−16 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 6.3 mn €above 98% of companiesindustry median 16 777 € · companies in the industry: 1 555
- Labour taxes per employee 1 525 €above 76% of companiesindustry median 1 039 € · companies in the industry: 1 689
- Revenue · 2025 39.7 mn €above 98% of companiesindustry median 14 963 € · companies in the industry: 3 986
- Net profit margin · 2025 3.4 %above 44% of companiesindustry median 6.1 % · companies in the industry: 3 195
Taxes and turnover
- Company
- Industry median
Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Services to buildings and landscape 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 | 6 318 516 | 2 446 453 | 1 590 700 | 1 043 |
| Q2 2026 | 6 336 063 | 2 314 542 | 1 471 732 | 1 059 |
| Q1 2026 | 6 519 786 | 2 381 410 | 1 603 086 | 1 079 |
| Q4 2025 | 6 281 180 | 2 390 560 | 1 557 638 | 1 093 |
| Q3 2025 | 6 785 682 | 2 785 210 | 1 868 190 | 1 115 |
| Q2 2025 | 6 911 615 | 2 540 399 | 1 683 246 | 1 215 |
| Q1 2025 | 7 227 844 | 2 496 211 | 1 750 046 | 1 226 |
| Q4 2024 | 6 744 774 | 2 413 141 | 1 584 819 | 1 258 |
| Q3 2024 | 6 773 037 | 2 577 366 | 1 664 209 | 1 262 |
| Q2 2024 | 6 926 224 | 2 589 965 | 1 689 645 | 1 294 |
| Q1 2024 | 7 323 979 | 2 578 729 | 1 742 893 | 1 318 |
| Q4 2023 | 6 932 431 | 2 400 850 | 1 629 308 | 1 441 |
| Q3 2023 | 7 051 346 | 2 525 257 | 1 645 851 | 1 426 |
| Q2 2023 | 6 763 276 | 2 316 056 | 1 516 456 | 1 434 |
| Q1 2023 | 6 837 657 | 2 303 530 | 1 586 749 | 1 385 |
| Q4 2022 | 6 519 722 | 2 279 997 | 1 550 619 | 1 423 |
| Q3 2022 | 6 283 502 | 2 280 376 | 1 551 805 | 1 464 |
| Q2 2022 | 6 313 369 | 2 203 877 | 1 462 835 | 1 506 |
| Q1 2022 | 6 616 113 | 2 194 103 | 1 499 425 | 1 588 |
Labour taxes per employee per month
508 €
Turnover per employee in the quarter
6 058 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Services to buildings and landscape activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Services to buildings and landscape 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 | 39 715 000 | 1 346 000 | 25 290 000 | 18 579 000 | 12 799 000 | 1 208 |
| 2024 | 40 907 000 | 1 813 000 | 25 838 000 | 17 466 000 | 11 453 000 | 1 175 |
| 2023 | 40 970 000 | 1 303 000 | 25 841 000 | 15 385 000 | 9 640 000 | 1 123 |
| 2022 | 31 802 000 | 687 000 | 20 851 000 | 16 116 000 | 11 559 000 | 0 |
| 2021 | 29 689 000 | 1 047 000 | 19 002 000 | 15 275 000 | 10 872 000 | 0 |
| 2020 | 28 322 653 | 1 991 000 | 17 937 000 | 12 080 000 | 7 861 000 | 1 212 |
| 2019 | 28 217 000 | 1 053 000 | 17 992 000 | 9 625 000 | 5 870 000 | 1 167 |
| 2018 | — | — | — | — | — | 1 236 |
| 2017 | — | — | — | — | — | 1 162 |
| 2016 | — | — | — | — | — | 772 |
| 2015 | — | — | — | — | — | 872 |
| 2014 | — | — | — | — | — | 846 |
| 2013 | — | — | — | — | — | 891 |
| 2012 | — | — | — | — | — | 895 |
| 2011 | — | — | — | — | — | 830 |
| 2010 | — | — | — | — | — | 796 |
| 2009 | — | — | — | — | — | 781 |
| 2008 | — | — | — | — | — | 1 399 |
| 2007 | — | — | — | — | — | 1 303 |
| 2006 | — | — | — | — | — | 1 242 |
| 2005 | — | — | — | — | — | 1 299 |
| 2004 | — | — | — | — | — | 1 009 |
| 2003 | — | — | — | — | — | 338 |
| 2002 | — | — | — | — | — | 278 |
| 2001 | — | — | — | — | — | 230 |
| 2000 | — | — | — | — | — | 200 |
| 1999 | — | — | — | — | — | 190 |
| 1998 | — | — | — | — | — | 15 |
| 1997 | — | — | — | — | — | 150 |
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
3.4 %
Net profit / revenue
Return on equity (ROE)
10.5 %
Net profit / equity
Return on assets (ROA)
7.2 %
Net profit / assets
Equity ratio
68.9 %
Equity / assets
Debt ratio
31.1 %
Liabilities / assets
Current ratio
3.14
Current assets / current liabilities
Revenue per employee
32 877 €
Revenue / average full-time employees
Labour cost per employee per month
1 745 €
Labour costs / employees / 12 months (incl. employer taxes)
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 | 4 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 28 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 14 Apr 2023 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 1 Jul 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 17 Sep 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 6 | 150 000 € | AS SEB Pank | 21 Apr 2017 – in force |
| 5 | 225 000 € | AS SEB Pank | 22 Jan 2013 – in force |
| 4 | 100 000 € | AS SEB Pank | 5 Oct 2012 – in force |
| 3 | 80 000 € | AS SEB Pank | 7 Feb 2012 – in force |
| 2 | 1 500 000 EEK | Aktsiaselts Eesti Ühispank | 10 May 2004 – in force |
Board
- Juha Pekka JoronenBoard member · since 23 Jul 2003
- Priit SipelgasBoard member · since 7 Nov 2017
- Rinel PiusBoard member · since 7 Nov 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- SOLEMO OYLegal person · 30 000 €
Beneficial owners
- Juhapekka JoronenIndirect ownership · FIN · since 19 Oct 2018
- Peppi KairaIndirect ownership · FIN · since 19 Oct 2018
- Priit SipelgasMember of a senior management body (management or supervisory board) · since 19 Oct 2018
- Rinel PiusMember of a senior management body (management or supervisory board) · since 19 Oct 2018
Founders and other persons
- KPMG Baltics OÜAudit firm · 29 Jan 2007
- Indrek AlliksaarAudit firm · 30 Jun 2011
Related companies
Activities (EMTAK)
- 81211General cleaning of buildings Main
- 81101Combined facilities support activities
- 96101Washing and cleaning of textile and fur products
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10029010 / 26 11 Aug 2026 |
Amendment entry | In force 11 Aug 2026 |
||
| Ä 10029010 / 25 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10029010 / 24 10 Jan 2023 |
Second (constitutive) cross-border merger entry | In force 10 Jan 2023 |
||
| Ä 10029010 / 23 7 Sep 2022 |
Second (constitutive) merger entry | In force 7 Sep 2022 |
||
| Ä 10029010 / 22 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10029010 / 21 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| K 10029010 / 20 21 Apr 2017 |
Commercial pledge entered | In force 21 Apr 2017 |
||
| Ä 10029010 / 19 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10029010 / 18 29 Feb 2016 |
Second (constitutive) cross-border merger entry | In force 29 Feb 2016 |
||
| Ä 10029010 / 17 7 May 2015 |
Amendment under Commercial Code § 525 (2) | In force 7 May 2015 |
||
| Ä 10029010 / 16 19 Mar 2015 |
Amendment entry | In force 19 Mar 2015 |
||
| Ä 10029010 / 15 6 Mar 2014 |
Amendment entry | In force 6 Mar 2014 |
||
| K 10029010 / 14 22 Jan 2013 |
Commercial pledge entered | In force 22 Jan 2013 |
||
| K 10046515 / 5 5 Oct 2012 |
Commercial pledge entered | In force 5 Oct 2012 |
||
| K 10046515 / M1 20 Sep 2012 |
Ruling to eliminate deficiencies | 19 Oct 2012 | In force 20 Sep 2012 |
|
| K 10046515 / 4 7 Feb 2012 |
Commercial pledge entered | In force 7 Feb 2012 |
||
| Ä 10029010 / 13 16 Jan 2012 |
Amendment entry | In force 16 Jan 2012 |
||
| Ä 29010 / 12 8 Jun 2009 |
Amendment entry | In force 8 Jun 2009 |
||
| Ä 29010 / 11 3 Dec 2008 |
Deletion of activities from the registry card | In force 12 Dec 2008 |
||
| Ä 29010 / 10 3 Jun 2004 |
Amendment entry | In force | ||
| Ä 29010 / 9 26 May 2004 |
Amendment entry | In force | ||
| Ä 29010 / 8 10 May 2004 |
Second (constitutive) merger entry | In force | ||
| K 46515 / 3 10 May 2004 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| Ä 29010 / 7 17 Jul 2003 |
Amendment entry | In force | ||
| Ä 29010 / 6 27 Aug 2002 |
Published amendment entry | In force | ||
| Ä 29010 / M4 23 Jul 2002 |
Ruling to eliminate deficiencies (to be served) | 15 Sep 2002 | In force | |
| Ä 29010 / 5 12 Jun 2002 |
Unpublished amendment entry | In force | ||
| Ä 29010 / M3 24 May 2002 |
Ruling to be served | 12 Jun 2002 | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data