AS Baltic Marine Group
Active Registry code 10729877
AS Tallinn Registered 23 Feb 2001
AS Baltic Marine Group is a AS based in Tallinn, registry code 10729877, status: active. Main activity: Wholesale of other machinery and equipment. According to EMTA, turnover for Q3 2026 was €3 936 984 with 14 employees.
Turnover
3 936 984 €
↓ 27.2% vs Q2 2026
State taxes
641 722 €
↑ 73.4% vs Q2 2026
Labour taxes
99 075 €
↑ 9.8% vs Q2 2026
Employees
14
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.9 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 7 077 €above 94% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 10.7 mn €above 98% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 0.1 %above 31% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 3 936 984 | 641 722 | 99 075 | 14 |
| Q2 2026 | 5 409 208 | 370 018 | 90 261 | 14 |
| Q1 2026 | 1 880 190 | 180 335 | 119 886 | 13 |
| Q4 2025 | 3 036 329 | 266 729 | 94 031 | 15 |
| Q3 2025 | 1 488 284 | 177 877 | 95 636 | 15 |
| Q2 2025 | 2 230 278 | 402 384 | 100 376 | 16 |
| Q1 2025 | 1 616 063 | 345 146 | 107 782 | 16 |
| Q4 2024 | 2 131 409 | 249 528 | 82 551 | 15 |
| Q3 2024 | 2 130 594 | 252 823 | 90 079 | 15 |
| Q2 2024 | 1 433 451 | 138 695 | 94 597 | 15 |
| Q1 2024 | 1 899 271 | 232 561 | 103 574 | 15 |
| Q4 2023 | 2 987 544 | 285 524 | 82 779 | 16 |
| Q3 2023 | 2 266 745 | 182 186 | 82 440 | 16 |
| Q2 2023 | 2 832 601 | 297 790 | 115 345 | 16 |
| Q1 2023 | 2 587 007 | 372 330 | 137 333 | 21 |
| Q4 2022 | 5 063 258 | 542 741 | 119 789 | 22 |
| Q3 2022 | 2 757 076 | 149 691 | 106 216 | 22 |
| Q2 2022 | 3 252 968 | 372 997 | 139 715 | 22 |
| Q1 2022 | 3 752 368 | 503 417 | 129 475 | 23 |
Labour taxes per employee per month
2 359 €
Turnover per employee in the quarter
281 213 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 10 742 809 | 7 339 | 1 774 248 | 15 366 920 | 12 205 133 | 32 |
| 2024 | 8 513 812 | 249 388 | 1 595 925 | 13 242 288 | 12 197 794 | 29 |
| 2023 | 10 272 679 | 301 365 | 1 483 395 | 13 205 727 | 11 948 406 | 30 |
| 2022 | 11 554 567 | -122 709 | 1 713 404 | 12 631 497 | 11 647 041 | 35 |
| 2021 | 15 302 460 | 1 420 213 | 1 514 036 | 13 813 644 | 11 769 750 | 32 |
| 2020 | 13 850 726 | 1 044 245 | 1 269 483 | 13 257 571 | 10 349 527 | 31 |
| 2019 | 9 787 199 | -82 533 | 1 010 095 | 11 392 234 | 9 305 282 | 22 |
| 2018 | — | — | — | — | — | 27 |
| 2017 | — | — | — | — | — | 30 |
| 2016 | — | — | — | — | — | 25 |
| 2015 | — | — | — | — | — | 23 |
| 2014 | — | — | — | — | — | 22 |
| 2013 | — | — | — | — | — | 22 |
| 2012 | — | — | — | — | — | 21 |
| 2011 | — | — | — | — | — | 22 |
| 2010 | — | — | — | — | — | 21 |
| 2009 | — | — | — | — | — | 17 |
| 2008 | — | — | — | — | — | 15 |
| 2007 | — | — | — | — | — | 15 |
| 2006 | — | — | — | — | — | 11 |
| 2005 | — | — | — | — | — | 10 |
| 2004 | — | — | — | — | — | 9 |
| 2003 | — | — | — | — | — | 9 |
| 2002 | — | — | — | — | — | 8 |
| 2001 | — | — | — | — | — | 7 |
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
0.1 %
Net profit / revenue
Return on equity (ROE)
0.1 %
Net profit / equity
Return on assets (ROA)
0.0 %
Net profit / assets
Equity ratio
79.4 %
Equity / assets
Debt ratio
20.6 %
Liabilities / assets
Current ratio
3.98
Current assets / current liabilities
Revenue per employee
335 713 €
Revenue / average full-time employees
Labour cost per employee per month
4 620 €
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 | 1 Jul 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 21 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 22 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 2 Jul 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 10 Jul 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 3 | 2 830 442 € | Luminor Bank AS | 13 Apr 2011 – in force |
| 2 | 2 900 000 EEK | Luminor Bank AS | 29 Mar 2006 – in force |
| 1 | 2 100 000 EEK | Luminor Bank AS | 28 Jan 2002 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 27 Sep 2017
- Rain KummBoard member · since 6 Jul 2020
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Margus VanaseljaDirect ownership · since 23 Nov 2018
- MÄRTEN VAIKMAADirect ownership · since 23 Nov 2018
Founders and other persons
- Mark MuruFounder · 450 000 € · 23 Feb 2001
- Andris JegersAudit firm · 2 Feb 2001
- OÜ Audiitorbüroo RKTAudit firm · 16 Mar 2009
- Margus VanaseljaChairman of the supervisory board · 2 Jul 2025
- Juri GrigorjevSupervisory board member · 2 Jul 2025
- Märten VaikmaaSupervisory board member · 2 Jul 2025
- Omanikukonto: MARGUS VANASELJAShareholder · 14 378 € · 16 Aug 2023
- Omanikukonto: MÄRTEN VAIKMAAShareholder · 14 378 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 4664Wholesale of other machinery and equipment Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10054892 / 16 11 Aug 2026 |
Amendment entry | In force 11 Aug 2026 |
||
| Ä 10054892 / M3 1 Jul 2025 |
Ruling to correct data outside an entry | 15 Jul 2025 | Deficiencies eliminated 2 Jul 2025 |
|
| Ä 10054892 / 15 6 Jul 2020 |
Amendment entry | In force 6 Jul 2020 |
||
| Ä 10054892 / 14 29 Jun 2020 |
Amendment entry | In force 29 Jun 2020 |
||
| Ä 10054892 / 13 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| K 10054892 / 12 20 Nov 2017 |
Commercial pledge amended | In force 20 Nov 2017 |
||
| K 10054892 / 11 20 Nov 2017 |
Commercial pledge amended | In force 20 Nov 2017 |
||
| K 10054892 / 10 20 Nov 2017 |
Commercial pledge amended | In force 20 Nov 2017 |
||
| K 10054892 / M2 14 Nov 2017 |
Ruling to eliminate deficiencies | 29 Nov 2017 | Deficiencies eliminated 20 Nov 2017 |
|
| Ä 10054892 / 9 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10054892 / 8 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 10054892 / 7 23 Sep 2016 |
Amendment entry | In force 23 Sep 2016 |
||
| K 10054892 / 6 29 May 2014 |
Commercial pledge amended | In force 29 May 2014 |
||
| Ä 10054892 / 5 30 Dec 2013 |
Amendment entry | In force 30 Dec 2013 |
||
| Ä 10054892 / M1 22 Nov 2013 |
Ruling to eliminate deficiencies | 22 Dec 2013 | In force 22 Nov 2013 |
|
| K 10062959 / 5 13 Apr 2011 |
Commercial pledge entered | In force 13 Apr 2011 |
||
| K 10062959 / M1 29 Mar 2011 |
Ruling to eliminate deficiencies | In force 29 Mar 2011 |
||
| K 10062959 / 4 23 Mar 2011 |
Commercial pledge amended | In force 23 Mar 2011 |
||
| K 10062959 / 3 23 Mar 2011 |
Commercial pledge amended | In force 23 Mar 2011 |
||
| Ä 54892 / 4 3 Dec 2008 |
Deletion of activities from the registry card | In force 3 Dec 2008 |
||
| K 62959 / 2 29 Mar 2006 |
Commercial pledge entered | In force 29 Mar 2006 |
||
| Ä 54892 / 3 6 Jul 2004 |
Amendment entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data