OÜ Densel Baltic

Active Registry code 10668331 OÜ Tallinn Registered 19 Apr 2000

OÜ Densel Baltic is a OÜ based in Tallinn, registry code 10668331, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €1 156 897 with 38 employees.

Turnover

1 156 897 €

↑ 7.6% vs Q2 2026

State taxes

158 440 €

↑ 29.8% vs Q2 2026

Labour taxes

129 938 €

↑ 7.8% vs Q2 2026

Employees

+3 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Turnover · Q3 2026 1.2 mn €

above 91% of companies

industry median 54 051 € · companies in the industry: 1 358
Labour taxes per employee 3 419 €

above 81% of companies

industry median 1 944 € · companies in the industry: 1 121
Revenue · 2025 3.2 mn €

above 92% of companies

industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 2025 16.7 %

above 80% of companies

industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 156 897 € · +7.6% vs Q2 2026 · industry median 54 051 € · above 91% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except 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: 3 419 € · −0.7% vs Q2 2026 · industry median 1 944 € · above 81% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 38 · +8.6% vs Q2 2026

State taxes, € thousand Q3 2026: 158 440 € · +29.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 156 897	158 440	129 938	38
Q2 2026	1 075 304	122 074	120 524	35
Q1 2026	985 301	127 399	119 199	34
Q4 2025	1 097 723	146 051	136 834	34
Q3 2025	1 040 667	166 326	128 153	34
Q2 2025	870 732	140 767	119 126	33
Q1 2025	696 963	128 845	114 841	31
Q4 2024	867 323	143 998	113 434	32
Q3 2024	1 001 971	132 320	117 572	34
Q2 2024	1 280 055	102 618	108 621	34
Q1 2024	1 029 462	108 213	101 666	34
Q4 2023	1 220 413	117 644	109 243	34
Q3 2023	1 209 950	111 106	100 160	34
Q2 2023	1 272 807	111 688	96 023	34
Q1 2023	1 202 178	105 689	90 261	31
Q4 2022	1 202 300	119 044	88 572	32
Q3 2022	1 173 662	114 707	93 025	30
Q2 2022	1 174 280	102 147	83 342	29
Q1 2022	685 942	100 885	84 465	30

Labour taxes per employee per month

1 140 €

Turnover per employee in the quarter

30 445 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 3 176 085 € · −0.6% vs 2024 · industry median 71 144 € · above 92% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 529 937 € · −18.3% vs 2024 · industry median 904 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 16.7 % · −3.6 pp vs the year before · industry median 3.4 % · above 80% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 3 577 549 € · +3.0% vs 2024

Equity, € thousand 2025: 3 254 224 € · +17.9% vs 2024

Employees 2025: 34 · +0.0% vs 2024 · industry median 3 · above 93% of the industry

Company
Industry median

Industry: Manufacture of fabricated metal products, except 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	3 176 085	529 937	1 196 609	3 577 549	3 254 224	34
2024	3 194 518	648 250	1 083 277	3 472 170	2 760 381	34
2023	3 632 975	809 709	983 949	3 104 040	2 166 879	33
2022	3 203 266	441 586	862 117	2 428 624	1 399 183	29
2021	1 895 080	55 470	822 720	1 764 559	979 102	29
2020	1 893 723	129 620	677 041	1 562 961	934 385	28
2019	1 596 860	62 100	473 127	1 537 634	839 759	23
2018	—	—	—	—	—	21
2017	—	—	—	—	—	23
2016	—	—	—	—	—	16
2015	—	—	—	—	—	14
2014	—	—	—	—	—	12
2013	—	—	—	—	—	12
2012	—	—	—	—	—	12
2011	—	—	—	—	—	12
2010	—	—	—	—	—	10
2009	—	—	—	—	—	0
2008	—	—	—	—	—	12
2007	—	—	—	—	—	10
2006	—	—	—	—	—	10
2005	—	—	—	—	—	11
2004	—	—	—	—	—	11
2003	—	—	—	—	—	11
2002	—	—	—	—	—	13

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

16.7 %

Net profit / revenue

Return on equity (ROE)

16.3 %

Net profit / equity

Return on assets (ROA)

14.8 %

Net profit / assets

Equity ratio

91.0 %

Equity / assets

Debt ratio

9.0 %

Liabilities / assets

Current ratio

6.09

Current assets / current liabilities

Revenue per employee

93 414 €

Revenue / average full-time employees

Labour cost per employee per month

2 933 €

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	30 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	12 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	27 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	14 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Jun 2020	Company’s own	e-Äriregister

Board

Mihhail Poljantšikov
Board member · since 31 May 2000
Igor Poljantšikov
Board member · since 10 Mar 2025

Right of representation

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

Owners

Mihhail Poljantšikov
Natural person · 2 556 €

100%

Beneficial owners

Mihhail Poljantšikov
Direct ownership · since 30 Oct 2018

Founders and other persons

OÜ Altius Consult
Founder · 40 000 € · 19 Apr 2000
Stella Zdobnõh
Audit firm · 28 May 2022

shared board members, owners or beneficial owners

Activities (EMTAK)

25531Machining of metals Main
71129Other engineering-technical activities

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10048687 / 11 10 Mar 2025	Amendment entry	In force 10 Mar 2025	PDF
Ä 10048687 / 10 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10048687 / 9 29 Nov 2019	Amendment under Commercial Code § 525 (2)	In force 29 Nov 2019	PDF
Ä 10048687 / 8 15 Jun 2018	Amendment entry	In force 15 Jun 2018	PDF
Ä 10048687 / 7 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10048687 / 6 7 Nov 2017	Amendment entry	In force 7 Nov 2017	PDF
Ä 10048687 / 5 15 Sep 2016	Amendment entry	In force 15 Sep 2016	PDF
Ä 10048687 / 4 6 Jan 2012	Amendment entry	In force 6 Jan 2012	PDF
Ä 48687 / 3 3 Dec 2008	Deletion of activities from the registry card	In force 29 Dec 2008	PDF

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

OÜ Densel Baltic

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 9