Baltic Agro Machinery AS

Active Registry code 10702447 AS Lehmja küla Registered 27 Sep 2000

Baltic Agro Machinery AS is a AS based in Lehmja küla, registry code 10702447, status: active. Main activity: Wholesale of agricultural machinery, equipment and supplies. According to EMTA, turnover for Q3 2026 was €39 922 649 with 73 employees.

Turnover

39 922 649 €

↑ 65.8% vs Q2 2026

State taxes

5 097 142 €

↑ 144.6% vs Q2 2026

Labour taxes

501 588 €

↑ 2.5% vs Q2 2026

Employees

−5 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 39.9 mn €

above 98% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 6 871 €

above 93% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 63.8 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 1.3 %

above 42% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 39 922 649 € · +65.8% vs Q2 2026 · industry median 60 065 € · 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.

Labour taxes per employee, € Q3 2026: 6 871 € · +9.6% vs Q2 2026 · industry median 2 104 € · above 93% 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: 73 · −6.4% vs Q2 2026

State taxes, € thousand Q3 2026: 5 097 142 € · +144.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	39 922 649	5 097 142	501 588	73
Q2 2026	24 082 707	2 084 252	489 163	78
Q1 2026	14 848 230	1 618 337	427 470	71
Q4 2025	19 570 536	3 082 167	477 706	72
Q3 2025	32 992 643	4 368 773	465 980	70
Q2 2025	29 385 273	3 199 248	432 251	72
Q1 2025	18 268 259	2 248 305	475 189	72
Q4 2024	14 761 331	2 175 936	459 884	75
Q3 2024	17 943 473	2 638 531	468 944	81
Q2 2024	14 545 855	1 747 022	562 240	82
Q1 2024	10 608 578	1 357 325	457 299	84
Q4 2023	18 331 294	2 019 707	521 256	84
Q3 2023	33 052 333	3 607 779	536 630	83
Q2 2023	33 906 584	2 527 744	572 384	87
Q1 2023	20 205 076	1 818 083	440 882	81
Q4 2022	22 488 538	2 419 421	473 118	80
Q3 2022	35 380 019	3 604 343	454 030	76
Q2 2022	25 626 240	2 353 861	354 960	74
Q1 2022	10 737 086	1 225 870	373 683	74

Labour taxes per employee per month

2 290 €

Turnover per employee in the quarter

546 886 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 63 830 102 € · +56.6% vs 2024 · industry median 63 691 € · 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.

Net profit, € thousand 2025: 819 714 € · +125.2% vs 2024 · industry median 127 € · 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.

Net profit margin, % 2025: 1.3 % · +9.3 pp vs the year before · industry median 2.7 % · above 42% 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: 15 870 468 € · −46.4% vs 2024

Equity, € thousand 2025: 11 306 803 € · +7.8% vs 2024

Employees 2025: 72 · −13.3% vs 2024 · industry median 2 · 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.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	63 830 102	819 714	4 572 774	15 870 468	11 306 803	72
2024	40 747 105	-3 258 668	4 710 250	29 584 985	10 487 089	83
2023	50 903 117	1 236 997	4 821 933	37 348 264	13 745 757	84
2022	56 192 850	2 154 246	4 405 773	21 187 204	12 508 760	76
2021	54 167 007	1 429 117	3 384 948	18 897 711	10 354 514	70
2020	35 613 836	228 215	3 066 812	18 409 630	8 925 396	73
2019	39 886 712	-136 324	3 010 551	17 688 871	8 697 181	79
2018	—	—	—	—	—	79
2017	—	—	—	—	—	78
2016	—	—	—	—	—	80
2015	—	—	—	—	—	68
2014	—	—	—	—	—	62
2013	—	—	—	—	—	59
2012	—	—	—	—	—	53
2011	—	—	—	—	—	55
2010	—	—	—	—	—	56
2009	—	—	—	—	—	91
2008	—	—	—	—	—	139
2007	—	—	—	—	—	143
2006	—	—	—	—	—	140
2005	—	—	—	—	—	130
2004	—	—	—	—	—	103
2003	—	—	—	—	—	82
2002	—	—	—	—	—	58
2001	—	—	—	—	—	45

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

1.3 %

Net profit / revenue

Return on equity (ROE)

7.2 %

Net profit / equity

Return on assets (ROA)

5.2 %

Net profit / assets

Equity ratio

71.2 %

Equity / assets

Debt ratio

28.8 %

Liabilities / assets

Current ratio

2.99

Current assets / current liabilities

Revenue per employee

886 529 €

Revenue / average full-time employees

Labour cost per employee per month

5 293 €

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	31 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	1 Jul 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	26 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 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	8 Jun 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Anne Oja-Aru
Board member · since 4 Mar 2016
Aivars Metla Rozentals
Board member · since 25 Nov 2024

Right of representation

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

Owners

No owner information.

Beneficial owners

Hans Damgaard
Member of a senior management body (management or supervisory board) · DNK · since 15 Apr 2025

Founders and other persons

Kesko Oy
Founder · 5 200 000 € · 27 Sep 2000
Aktsiaselts PricewaterhouseCoopers
Audit firm · 3 Nov 2005
Eva Jansen-Diener
Audit firm · 26 May 2017
Liis Talpas
Audit firm · 26 May 2017
Jens Skifter
Chairman of the supervisory board · 28 Apr 2026
Bo Jeppesen
Supervisory board member · 28 Apr 2026
Henning Haahr
Supervisory board member · 28 Apr 2026
Omanikukonto: DA AGRAVIS MACHINERY HOLDING A/S
Shareholder · 354 701 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

46611Wholesale of agricultural machinery, equipment and supplies Main
33121Repair and maintenance of machinery
46631Wholesale of mining, construction and civil engineering machinery
47789Retail sale of goods n.e.c.
77311Rental and leasing of agricultural machinery and equipment
77321Rental and leasing of construction and civil engineering machinery and equipment

Rulings 50

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10051345 / 34 25 Nov 2024	Amendment entry		In force 25 Nov 2024	PDF
Ä 10051345 / 33 31 Mar 2023	Amendment under Code of Civil Procedure § 595¹ (1)		In force 31 Mar 2023	PDF
Ä 10051345 / 32 13 Nov 2022	Amendment entry		In force 13 Nov 2022	PDF
Ä 10051345 / M19 3 Jul 2022	Ruling to eliminate deficiencies	18 Jul 2022	Deficiencies eliminated 6 Jul 2022	PDF
Ä 10051345 / 31 21 Jun 2022	Amendment entry		In force 21 Jun 2022	PDF
Ä 10051345 / 30 14 Jun 2021	Amendment under Commercial Code § 525 (2)		In force 14 Jun 2021	PDF
Ä 10051345 / 29 14 Jun 2021	Amendment entry		In force 14 Jun 2021	PDF
Ä 10051345 / 28 26 May 2021	Amendment under Commercial Code § 525 (2)		In force 26 May 2021	PDF
Ä 10051345 / 27 9 Nov 2020	Amendment entry		In force 9 Nov 2020	PDF
Ä 10051345 / M18 4 Nov 2020	Ruling to eliminate deficiencies	4 Dec 2020	Deficiencies eliminated 9 Nov 2020	PDF
Ä 10051345 / 26 8 Apr 2020	Amendment entry		In force 8 Apr 2020	PDF
Ä 10051345 / M17 2 Jan 2020	Procedural ruling	1 Feb 2020	In force 2 Jan 2020	PDF
Ä 10051345 / 25 22 Jan 2019	Amendment entry		In force 22 Jan 2019	PDF
Ä 10051345 / M16 3 Jan 2019	Ruling to eliminate deficiencies	2 Feb 2019	Deficiencies eliminated 22 Jan 2019	PDF
Ä 10051345 / 24 1 Nov 2018	Amendment under Commercial Code § 525 (2)		In force 1 Nov 2018	PDF
Ä 10051345 / 23 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10051345 / 22 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10051345 / 21 4 Mar 2016	Amendment entry		In force 4 Mar 2016	PDF
Ä 10051345 / M15 3 Mar 2016	Ruling to eliminate deficiencies	13 Mar 2016	Deficiencies eliminated 4 Mar 2016	PDF
Ä 10051345 / 20 1 Feb 2016	Entry refused: deficiencies not eliminated		In force 24 Feb 2016	PDF
Ä 10051345 / M14 31 Dec 2015	Ruling to eliminate deficiencies	30 Jan 2016	In force 31 Dec 2015	PDF
Ä 10051345 / M13 21 Dec 2015	Ruling to correct data outside an entry	20 Jan 2016	Deficiencies eliminated 28 Dec 2015	PDF
Ä 10051345 / 19 18 May 2015	Amendment entry		In force 18 May 2015	PDF
Ä 10051345 / M12 15 May 2015	Ruling to correct data outside an entry	14 Jun 2015	Deficiencies eliminated 5 Jun 2015	PDF
Ä 10051345 / 18 14 May 2015	Amendment entry		In force 14 May 2015	PDF
Ä 10051345 / M11 1 Sep 2014	Ruling to correct data outside an entry	1 Oct 2014	Deficiencies eliminated 4 Sep 2014	PDF
Ä 10051345 / 17 6 Jun 2011	Amendment entry		In force 6 Jun 2011	PDF
Ä 10051345 / 16 13 Apr 2011	Amendment entry		In force 13 Apr 2011	PDF
Ä 10051345 / M10 11 Apr 2011	Ruling to eliminate deficiencies	9 May 2011	Deficiencies eliminated 12 Apr 2011	PDF
Ä 10051345 / 15 6 Sep 2010	Amendment under Commercial Code § 525 (2)		In force 6 Sep 2010	PDF
Ä 10051345 / 14 9 Jul 2010	Amendment entry		In force 9 Jul 2010	PDF
Ä 51345 / 13 29 Jan 2010	Amendment entry		In force 29 Jan 2010	PDF
Ä 51345 / M9 15 Jan 2010	Ruling to eliminate deficiencies	20 Mar 2010	In force 15 Jan 2010	PDF
Ä 51345 / 12 14 Dec 2009	Amendment entry		In force 14 Dec 2009	PDF
Ä 51345 / 11 12 Aug 2009	Amendment entry		In force 12 Aug 2009	PDF
Ä 51345 / M8 6 Aug 2009	Ruling to eliminate deficiencies	14 Sep 2009	In force 6 Aug 2009	PDF
Ä 51345 / 10 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 51345 / 9 1 Dec 2008	Amendment entry		In force 1 Dec 2008	PDF
Ä 51345 / M7 18 Nov 2008	Ruling to eliminate deficiencies (to be served)	25 Dec 2008	In force 25 Nov 2008	PDF
Ä 51345 / 8 1 Feb 2007	Amendment entry		In force 1 Feb 2007	PDF
Ä 51345 / M6 24 Jan 2007	Ruling to eliminate deficiencies (to be served)	8 Feb 2007	In force 24 Jan 2007	PDF
Ä 51345 / 7 22 Mar 2006	Amendment entry		In force 22 Mar 2006	PDF
Ä 51345 / M5 7 Mar 2006	Ruling to eliminate deficiencies (to be served)		In force 10 Mar 2006	PDF
Ä 51345 / 6 6 Mar 2006	Entry made by the register on its own initiative		In force 6 Mar 2006	PDF
Ä 51345 / 5 3 Mar 2006	Amendment entry		In force 3 Mar 2006	PDF
Ä 51345 / M4 13 Jan 2006	Ruling to eliminate deficiencies (to be served)	30 Mar 2006	In force 16 Jan 2006	PDF
Ä 51345 / M3 7 Dec 2005	Ruling to eliminate deficiencies (to be served)	23 Jan 2006	In force	PDF
Ä 51345 / M2 28 Nov 2005	Ruling to be served	12 Dec 2005	In force	PDF
Ä 51345 / 4 1 Oct 2002	Entry decision on the register’s own initiative		In force	PDF
Ä 51345 / 3 11 Jun 2002	Unpublished amendment entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Baltic Agro Machinery AS

Position in the industry Wholesale trade · EMTAK 46

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 50