Balti Logistika AS
Active Registry code 10453837
AS Tallinn Registered 25 May 1998
Balti Logistika AS is a AS based in Tallinn, registry code 10453837, status: active. Main activity: Organising and forwarding freight consignments. According to EMTA, turnover for Q3 2026 was €2 180 488 with 11 employees.
Turnover
2 180 488 €
↓ 1.3% vs Q2 2026
State taxes
108 225 €
↑ 73.6% vs Q2 2026
Labour taxes
65 965 €
↑ 5.4% vs Q2 2026
Employees
11
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2.2 mn €above 94% of companiesindustry median 38 439 € · companies in the industry: 1 299
- Labour taxes per employee 5 997 €above 93% of companiesindustry median 1 714 € · companies in the industry: 884
- Revenue · 2025 5.6 mn €above 98% of companiesindustry median 36 293 € · companies in the industry: 2 027
- Net profit margin · 2025 9.3 %above 66% of companiesindustry median 2.9 % · companies in the industry: 1 539
Taxes and turnover
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (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 | 2 180 488 | 108 225 | 65 965 | 11 |
| Q2 2026 | 2 208 978 | 62 340 | 62 567 | 11 |
| Q1 2026 | 2 622 813 | 139 | 51 704 | 11 |
| Q4 2025 | 2 055 184 | 50 010 | 51 143 | 10 |
| Q3 2025 | 1 427 102 | 48 672 | 51 139 | 10 |
| Q2 2025 | 1 436 995 | 46 384 | 47 261 | 11 |
| Q1 2025 | 1 338 262 | 115 413 | 54 203 | 9 |
| Q4 2024 | 1 522 482 | 38 935 | 40 583 | 9 |
| Q3 2024 | 1 117 812 | 39 903 | 41 871 | 8 |
| Q2 2024 | 1 553 240 | 88 017 | 45 952 | 9 |
| Q1 2024 | 1 113 753 | 47 321 | 43 221 | 8 |
| Q4 2023 | 980 795 | 26 960 | 36 796 | 9 |
| Q3 2023 | 1 131 668 | 59 529 | 60 977 | 9 |
| Q2 2023 | 1 980 022 | 44 877 | 46 681 | 11 |
| Q1 2023 | 2 237 294 | 175 792 | 66 660 | 9 |
| Q4 2022 | 3 280 369 | — | 93 648 | 8 |
| Q3 2022 | 4 097 169 | 89 844 | 94 146 | 8 |
| Q2 2022 | 3 658 504 | 90 457 | 94 799 | 9 |
| Q1 2022 | 2 842 987 | 74 384 | 77 712 | 9 |
Labour taxes per employee per month
1 999 €
Turnover per employee in the quarter
198 226 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Warehousing, storage and support activities for transportation (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 | 5 558 235 | 517 371 | 487 949 | 1 340 860 | 871 577 | 9 |
| 2024 | 4 872 498 | 565 045 | 412 184 | 1 643 688 | 639 206 | 10 |
| 2023 | 4 777 096 | 185 399 | 438 568 | 1 326 073 | 924 162 | 0 |
| 2022 | 11 866 996 | -674 602 | 870 769 | 2 729 444 | 1 538 765 | 36 |
| 2021 | 9 333 000 | 107 297 | 732 115 | 2 929 144 | 2 213 367 | 0 |
| 2020 | 13 880 198 | 685 200 | 633 311 | 3 107 036 | 2 406 070 | 0 |
| 2019 | 11 086 356 | 318 363 | 515 047 | 2 855 954 | 1 846 138 | 15 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 12 |
| 2016 | — | — | — | — | — | 13 |
| 2015 | — | — | — | — | — | 12 |
| 2014 | — | — | — | — | — | 11 |
| 2013 | — | — | — | — | — | 12 |
| 2012 | — | — | — | — | — | 11 |
| 2011 | — | — | — | — | — | 20 |
| 2010 | — | — | — | — | — | 9 |
| 2009 | — | — | — | — | — | 9 |
| 2008 | — | — | — | — | — | 9 |
| 2007 | — | — | — | — | — | 9 |
| 2006 | — | — | — | — | — | 9 |
| 2005 | — | — | — | — | — | 15 |
| 2004 | — | — | — | — | — | 14 |
| 2003 | — | — | — | — | — | 11 |
| 2002 | — | — | — | — | — | 7 |
| 2001 | — | — | — | — | — | 5 |
| 2000 | — | — | — | — | — | 4 |
| 1999 | — | — | — | — | — | 2 |
| 1998 | — | — | — | — | — | 2 |
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
9.3 %
Net profit / revenue
Return on equity (ROE)
59.4 %
Net profit / equity
Return on assets (ROA)
38.6 %
Net profit / assets
Equity ratio
65.0 %
Equity / assets
Debt ratio
35.0 %
Liabilities / assets
Current ratio
1.51
Current assets / current liabilities
Revenue per employee
619 793 €
Revenue / average full-time employees
Labour cost per employee per month
4 518 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 13 Jul 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 | 17 Jul 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 17 Oct 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 31 Jan 2023 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 8 Jul 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 31 Oct 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 2 | 204 325 € | AS SEB Pank | 27 Aug 2007 – in force |
| 1 | 650 000 EEK | AS SEB Pank | 25 Jul 2006 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Leili GuļijevaBoard member · since 15 Mar 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Madis ErmoIndirect ownership · since 12 Sep 2018
Founders and other persons
- Osaühing KermonFounder · 10 000 € · 25 May 1998
- Roland KaurovAudit firm · 27 Feb 2019
- OÜ Audiitorbüroo RKTAudit firm · 27 Feb 2019
- Joel TimmSupervisory board member · 3 Mar 2026
- Madis ErmoSupervisory board member · 3 Mar 2026
- Magnus LepasaluSupervisory board member · 3 Mar 2026
- Marten ErmoSupervisory board member · 3 Mar 2026
- Vallo ArumäeSupervisory board member · 3 Mar 2026
- Omanikukonto: ALTALON GRUPP OÜShareholder · 7 590 € · 16 Aug 2023
- Omanikukonto: C-Innovations OÜShareholder · 7 590 € · 16 Aug 2023
- Omanikukonto: OÜ FONTEShareholder · 32 820 € · 16 Aug 2023
- Omanikukonto: RELLI GROUP OÜShareholder · 12 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 52261Organising and forwarding freight consignments Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10032184 / M12 2 Mar 2026 |
Ruling to correct data outside an entry | 16 Mar 2026 | Deficiencies eliminated 9 Mar 2026 |
|
| Ä 10032184 / M11 25 Feb 2026 |
Ruling to correct data outside an entry | 11 Mar 2026 | Deficiencies eliminated 9 Mar 2026 |
|
| Ä 10032184 / 21 22 Mar 2023 |
Amendment entry | In force 22 Mar 2023 |
||
| Ä 10032184 / 20 15 Mar 2023 |
Amendment entry | In force 15 Mar 2023 |
||
| Ä 10032184 / M10 13 Mar 2023 |
Ruling to eliminate deficiencies | 12 Apr 2023 | Deficiencies eliminated 15 Mar 2023 |
|
| Ä 10032184 / 19 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10032184 / 18 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10032184 / 17 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10032184 / 16 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| Ä 10032184 / 15 1 Jul 2015 |
Entry refused | In force 29 Sep 2015 |
||
| Ä 10032184 / 14 27 May 2011 |
Amendment entry | In force 27 May 2011 |
||
| Ä 10032184 / M9 10 May 2011 |
Ruling to eliminate deficiencies | 10 Jul 2011 | In force 10 May 2011 |
|
| K 10100497 / 6 15 Apr 2011 |
Commercial pledge amended | In force 15 Apr 2011 |
||
| K 10100497 / 5 11 Jan 2011 |
Commercial pledge amended | In force 11 Jan 2011 |
||
| K 10100497 / 4 11 Jan 2011 |
Commercial pledge amended | In force 11 Jan 2011 |
||
| Ä 10032184 / 13 4 May 2010 |
Amendment entry | In force 4 May 2010 |
||
| Ä 32184 / M8 8 Dec 2009 |
Fine for not filing the report | In force 11 Dec 2009 |
||
| Ä 32184 / M7 16 Oct 2009 |
Warning of a fine: deficiencies in the annual report | 16 Nov 2009 | Deficiencies eliminated 14 Dec 2009 |
|
| Ä 32184 / 12 9 Jun 2008 |
Deletion of activities from the registry card | In force 9 Jun 2008 |
||
| Ä 32184 / 11 27 May 2008 |
Transformation entry without a new registry card | In force 28 May 2008 |
||
| Ä 32184 / M6 23 Nov 2007 |
Ruling to eliminate deficiencies (to be served) | 24 May 2008 | Deficiencies eliminated 22 May 2008 |
|
| Ä 32184 / M5 16 Nov 2007 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 22 May 2008 |
||
| Ä 32184 / 10 15 Nov 2007 |
Note on registration of shares in the Estonian central register of securities | In force 15 Nov 2007 |
||
| Ä 32184 / M4 18 Oct 2007 |
Ruling to eliminate deficiencies (to be served) | 27 Dec 2007 | In force 12 Nov 2007 |
|
| Ä 32184 / 9 11 Sep 2007 |
Amendment entry | In force 11 Sep 2007 |
||
| Ä 32184 / M3 27 Aug 2007 |
Ruling to eliminate deficiencies (to be served) | 11 Oct 2007 | In force 11 Sep 2007 |
|
| K 100497 / 3 27 Aug 2007 |
Commercial pledge entered | In force 27 Aug 2007 |
||
| K 100497 / 2 27 Aug 2007 |
Commercial pledge amended | In force 27 Aug 2007 |
||
| Ä 32184 / 8 31 May 2007 |
Amendment entry | In force 31 May 2007 |
||
| Ä 32184 / 7 13 Oct 2006 |
Amendment entry | In force 13 Oct 2006 |
||
| K 100497 25 Jul 2006 |
Commercial pledge entered | In force 25 Jul 2006 |
||
| Ä 32184 / 6 14 Jan 2005 |
Amendment entry | In force | ||
| Ä 32184 / M2 27 Dec 2004 |
Ruling to eliminate deficiencies (to be served) | 27 Feb 2005 | In force | |
| Ä 32184 / 5 3 May 2004 |
Amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data