AS LTH-Baas

Active Registry code 10449400 AS Tallinn Registered 11 May 1998
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AS LTH-Baas is a AS based in Tallinn, registry code 10449400, status: active. Main activity: Repair and maintenance of civilian ships and boats. According to EMTA, turnover for Q3 2026 was €3 965 974 with 172 employees.

Turnover
3 965 974 €
↓ 78.1% vs Q2 2026
State taxes
906 208 €
↓ 26.5% vs Q2 2026
Labour taxes
954 126 €
↓ 26.6% vs Q2 2026
Employees
172
−25 vs Q2 2026

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

Position in the industry Repair, maintenance and installation of machinery and equipment · EMTAK 33

  • Turnover · Q3 2026 4 mn €
    industry median 21 365 € · companies in the industry: 1 050
  • Labour taxes per employee 5 547 €
    industry median 1 557 € · companies in the industry: 808
  • Revenue · 2025 149.1 mn €
    industry median 44 022 € · companies in the industry: 1 447
  • Net profit margin · 2025 32.4 %
    industry median 5.4 % · companies in the industry: 1 225

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 965 974 € · −78.1% vs Q2 2026 · industry median 21 365 € · above 98% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 8 741 728 € Industry median: 22 416 €Q4·23Q1 2024 Company: 7 183 671 € Industry median: 20 934 €Q2 2024 Company: 13 615 640 € Industry median: 21 577 €Q2·24Q3 2024 Company: 8 834 627 € Industry median: 22 930 €Q4 2024 Company: 12 272 361 € Industry median: 21 473 €Q4·24Q1 2025 Company: 11 255 186 € Industry median: 19 468 €Q2 2025 Company: 23 526 020 € Industry median: 21 694 €Q2·25Q3 2025 Company: 17 148 065 € Industry median: 22 270 €Q4 2025 Company: 13 449 802 € Industry median: 22 998 €Q4·25Q1 2026 Company: 11 915 242 € Industry median: 20 214 €Q2 2026 Company: 18 139 845 € Industry median: 22 903 €Q2·26Q3 2026 Company: 3 965 974 € Industry median: 21 365 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 12 272 361 € Industry median: 21 473 €Q1 2025 Company: 11 255 186 € Industry median: 19 468 €Q1·25Q2 2025 Company: 23 526 020 € Industry median: 21 694 €Q3 2025 Company: 17 148 065 € Industry median: 22 270 €Q3·25Q4 2025 Company: 13 449 802 € Industry median: 22 998 €Q1 2026 Company: 11 915 242 € Industry median: 20 214 €Q1·26Q2 2026 Company: 18 139 845 € Industry median: 22 903 €Q3 2026 Company: 3 965 974 € Industry median: 21 365 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 547 € · −15.9% vs Q2 2026 · industry median 1 557 € · above 98% of the industry
02 0004 0006 0008 000Q4 2023 Company: 3 251 € Industry median: 1 353 €Q4·23Q1 2024 Company: 3 255 € Industry median: 1 432 €Q2 2024 Company: 3 149 € Industry median: 1 415 €Q2·24Q3 2024 Company: 3 405 € Industry median: 1 452 €Q4 2024 Company: 3 927 € Industry median: 1 508 €Q4·24Q1 2025 Company: 4 393 € Industry median: 1 497 €Q2 2025 Company: 5 009 € Industry median: 1 514 €Q2·25Q3 2025 Company: 5 325 € Industry median: 1 524 €Q4 2025 Company: 6 797 € Industry median: 1 541 €Q4·25Q1 2026 Company: 7 974 € Industry median: 1 485 €Q2 2026 Company: 6 598 € Industry median: 1 458 €Q2·26Q3 2026 Company: 5 547 € Industry median: 1 557 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 3 927 € Industry median: 1 508 €Q1 2025 Company: 4 393 € Industry median: 1 497 €Q1·25Q2 2025 Company: 5 009 € Industry median: 1 514 €Q3 2025 Company: 5 325 € Industry median: 1 524 €Q3·25Q4 2025 Company: 6 797 € Industry median: 1 541 €Q1 2026 Company: 7 974 € Industry median: 1 485 €Q1·26Q2 2026 Company: 6 598 € Industry median: 1 458 €Q3 2026 Company: 5 547 € Industry median: 1 557 €Q3·26
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 172 · −12.7% vs Q2 2026
0100200300400500Q4 2023 Company: 339Q4·23Q1 2024 Company: 372Q2 2024 Company: 350Q2·24Q3 2024 Company: 400Q4 2024 Company: 394Q4·24Q1 2025 Company: 443Q2 2025 Company: 375Q2·25Q3 2025 Company: 328Q4 2025 Company: 297Q4·25Q1 2026 Company: 239Q2 2026 Company: 197Q2·26Q3 2026 Company: 172Q3·260100200300400500Q4 2024 Company: 394Q1 2025 Company: 443Q1·25Q2 2025 Company: 375Q3 2025 Company: 328Q3·25Q4 2025 Company: 297Q1 2026 Company: 239Q1·26Q2 2026 Company: 197Q3 2026 Company: 172Q3·26
State taxes, € thousand Q3 2026: 906 208 € · −26.5% vs Q2 2026
05001 0001 5002 0002 500Q4 2023 Company: 1 052 122 €Q4·23Q1 2024 Company: 1 155 919 €Q2 2024 Company: 1 046 971 €Q2·24Q3 2024 Company: 1 285 351 €Q4 2024 Company: 1 453 829 €Q4·24Q1 2025 Company: 1 871 890 €Q2 2025 Company: 1 770 879 €Q2·25Q3 2025 Company: 1 695 123 €Q4 2025 Company: 2 349 140 €Q4·25Q1 2026 Company: 1 807 362 €Q2 2026 Company: 1 233 146 €Q2·26Q3 2026 Company: 906 208 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 453 829 €Q1 2025 Company: 1 871 890 €Q1·25Q2 2025 Company: 1 770 879 €Q3 2025 Company: 1 695 123 €Q3·25Q4 2025 Company: 2 349 140 €Q1 2026 Company: 1 807 362 €Q1·26Q2 2026 Company: 1 233 146 €Q3 2026 Company: 906 208 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 965 974 906 208 954 126 172
Q2 2026 18 139 845 1 233 146 1 299 766 197
Q1 2026 11 915 242 1 807 362 1 905 785 239
Q4 2025 13 449 802 2 349 140 2 018 617 297
Q3 2025 17 148 065 1 695 123 1 746 530 328
Q2 2025 23 526 020 1 770 879 1 878 372 375
Q1 2025 11 255 186 1 871 890 1 946 167 443
Q4 2024 12 272 361 1 453 829 1 547 129 394
Q3 2024 8 834 627 1 285 351 1 362 002 400
Q2 2024 13 615 640 1 046 971 1 102 116 350
Q1 2024 7 183 671 1 155 919 1 211 014 372
Q4 2023 8 741 728 1 052 122 1 102 069 339
Q3 2023 4 497 629 1 025 175 1 084 902 346
Q2 2023 7 773 395 838 707 887 711 291
Q1 2023 5 202 549 1 130 200 1 207 232 274
Q4 2022 8 201 985 1 096 965 1 165 800 355
Q3 2022 5 444 169 1 071 271 1 145 427 397
Q2 2022 10 148 361 732 048 793 685 339
Q1 2022 9 259 756 1 406 537 1 484 844 359
Labour taxes per employee per month
1 849 €
Turnover per employee in the quarter
23 058 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, mn € 2025: 149 053 824 € · +70.4% vs 2024 · industry median 44 022 € · above 98% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 95 346 042 € Industry median: 41 237 €20192020 Company: 57 511 266 € Industry median: 36 334 €20202021 Company: 41 930 993 € Industry median: 39 000 €20212022 Company: 27 225 475 € Industry median: 39 989 €20222023 Company: 25 148 470 € Industry median: 42 511 €20232024 Company: 87 495 031 € Industry median: 40 902 €20242025 Company: 149 053 824 € Industry median: 44 022 €20250501001502018 Company: — Industry median: —2019 Company: 95 346 042 € Industry median: 41 237 €20192020 Company: 57 511 266 € Industry median: 36 334 €2021 Company: 41 930 993 € Industry median: 39 000 €20212022 Company: 27 225 475 € Industry median: 39 989 €2023 Company: 25 148 470 € Industry median: 42 511 €20232024 Company: 87 495 031 € Industry median: 40 902 €2025 Company: 149 053 824 € Industry median: 44 022 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 48 276 779 € · +45.2% vs 2024 · industry median 1 205 € · above 98% of the industry
-10 000010 00020 00030 00040 00050 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18 877 882 € Industry median: 1 682 €20192020 Company: 2 341 537 € Industry median: 1 177 €20202021 Company: -1 595 020 € Industry median: 1 463 €20212022 Company: 2 094 840 € Industry median: 1 359 €20222023 Company: 4 789 599 € Industry median: 1 743 €20232024 Company: 33 252 306 € Industry median: 847 €20242025 Company: 48 276 779 € Industry median: 1 205 €2025-10 000010 00020 00030 00040 00050 0002018 Company: — Industry median: —2019 Company: 18 877 882 € Industry median: 1 682 €20192020 Company: 2 341 537 € Industry median: 1 177 €2021 Company: -1 595 020 € Industry median: 1 463 €20212022 Company: 2 094 840 € Industry median: 1 359 €2023 Company: 4 789 599 € Industry median: 1 743 €20232024 Company: 33 252 306 € Industry median: 847 €2025 Company: 48 276 779 € Industry median: 1 205 €2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 32.4 % · −5.6 pp vs the year before · industry median 5.4 % · above 85% of the industry
-100102030402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 19.8 % Industry median: 6.2 %20192020 Company: 4.1 % Industry median: 6.0 %20202021 Company: -3.8 % Industry median: 5.8 %20212022 Company: 7.7 % Industry median: 6.9 %20222023 Company: 19.0 % Industry median: 6.2 %20232024 Company: 38.0 % Industry median: 4.3 %20242025 Company: 32.4 % Industry median: 5.4 %2025-100102030402018 Company: — Industry median: —2019 Company: 19.8 % Industry median: 6.2 %20192020 Company: 4.1 % Industry median: 6.0 %2021 Company: -3.8 % Industry median: 5.8 %20212022 Company: 7.7 % Industry median: 6.9 %2023 Company: 19.0 % Industry median: 6.2 %20232024 Company: 38.0 % Industry median: 4.3 %2025 Company: 32.4 % Industry median: 5.4 %2025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, mn € 2025: 112 372 114 € · +57.1% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 54 017 688 €20192020 Company: 27 844 339 €20202021 Company: 25 093 823 €20212022 Company: 24 858 256 €20222023 Company: 35 740 346 €20232024 Company: 71 529 578 €20242025 Company: 112 372 114 €202502550751001252018 Company: —2019 Company: 54 017 688 €20192020 Company: 27 844 339 €2021 Company: 25 093 823 €20212022 Company: 24 858 256 €2023 Company: 35 740 346 €20232024 Company: 71 529 578 €2025 Company: 112 372 114 €2025
Equity, mn € 2025: 103 004 198 € · +81.4% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 44 154 322 €20192020 Company: 22 594 178 €20202021 Company: 18 893 821 €20212022 Company: 20 064 661 €20222023 Company: 24 519 260 €20232024 Company: 56 771 566 €20242025 Company: 103 004 198 €202502550751001252018 Company: —2019 Company: 44 154 322 €20192020 Company: 22 594 178 €2021 Company: 18 893 821 €20212022 Company: 20 064 661 €2023 Company: 24 519 260 €20232024 Company: 56 771 566 €2025 Company: 103 004 198 €2025
Employees 2025: 299 · −11.0% vs 2024 · industry median 1 · above 98% of the industry
01002003004005002016 Company: 205 Industry median: —20162017 Company: 287 Industry median: —20172018 Company: 451 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 473 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 370 Industry median: 120222023 Company: 365 Industry median: 120232024 Company: 336 Industry median: 120242025 Company: 299 Industry median: 1202501002003004005002018 Company: 451 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 473 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 370 Industry median: 12023 Company: 365 Industry median: 120232024 Company: 336 Industry median: 12025 Company: 299 Industry median: 12025
  • Company
  • Industry median

Industry: Repair, maintenance and installation of machinery and equipment (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 149 053 824 48 276 779 27 151 169 112 372 114 103 004 198 299
2024 87 495 031 33 252 306 18 333 163 71 529 578 56 771 566 336
2023 25 148 470 4 789 599 11 514 127 35 740 346 24 519 260 365
2022 27 225 475 2 094 840 12 100 310 24 858 256 20 064 661 370
2021 41 930 993 -1 595 020 13 510 862 25 093 823 18 893 821 0
2020 57 511 266 2 341 537 15 011 307 27 844 339 22 594 178 473
2019 95 346 042 18 877 882 20 742 055 54 017 688 44 154 322 0
2018 — — — — — 451
2017 — — — — — 287
2016 — — — — — 205
2015 — — — — — 151
2014 — — — — — 111
2013 — — — — — 110
2012 — — — — — 115
2011 — — — — — 124
2010 — — — — — 115
2007 — — — — — 108
2005 — — — — — 97
2004 — — — — — 106
2003 — — — — — 96
2001 — — — — — 87
2000 — — — — — 84
1999 — — — — — 96

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
32.4 %
Net profit / revenue
Return on equity (ROE)
46.9 %
Net profit / equity
Return on assets (ROA)
43.0 %
Net profit / assets
Equity ratio
91.7 %
Equity / assets
Debt ratio
8.3 %
Liabilities / assets
Current ratio
8.75
Current assets / current liabilities
Revenue per employee
498 508 €
Revenue / average full-time employees
Labour cost per employee per month
7 567 €
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 18 Jun 2026 Consolidated · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Consolidated · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Sep 2023 Consolidated · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 15 Jul 2022 Consolidated · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Jul 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 16 Jul 2020 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 100 000 EEK Aktsiaselts Eesti Ühispank 31 Dec 2003 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Anton Maljugin
    Board member · since 9 Jun 2026

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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 33151Repair and maintenance of civilian ships and boats Main
Rulings
Number, date Title Deadline State Document
Ä 10031776 / 12
9 Jun 2026
Amendment entry In force
9 Jun 2026
PDF
Ä 10031776 / M2
25 Aug 2023
Warning of a fine: annual report not filed 24 Sep 2023 Deficiencies eliminated
23 Sep 2023
PDF
Ä 10031776 / 11
7 Dec 2020
Division entry (second, constitutive) In force
7 Dec 2020
PDF
Ä 10031776 / 10
21 Dec 2018
Second (constitutive) merger entry In force
21 Dec 2018
PDF
Ä 10031776 / 9
27 Mar 2018
Amendment entry In force
27 Mar 2018
PDF
Ä 10031776 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10031776 / 7
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10031776 / 6
14 May 2012
Amendment entry In force
14 May 2012
PDF
Ä 10031776 / 5
14 Feb 2011
Amendment entry In force
14 Feb 2011
PDF
Ä 31776 / 4
3 Dec 2008
Deletion of activities from the registry card In force
4 Dec 2008
PDF
K 76953
31 Dec 2003
Commercial pledge entered In force PDF
Ä 31776 / 3
7 Mar 2002
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data