OÜ Baltic Wind Energy

Active Registry code 10869166 OÜ Kuressaare linn Registered 26 Aug 2002
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OÜ Baltic Wind Energy is a OÜ based in Kuressaare linn, registry code 10869166, status: active. Main activity: Electricity production from wind power. According to EMTA, turnover for Q3 2026 was €17 314 with employees.

Turnover
17 314 €
↓ 45.8% vs Q2 2026
State taxes
566 €
↓ 88.5% vs Q2 2026
Labour taxes
845 €
↑ 0.0% vs Q2 2026
Employees
—

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

Position in the industry Electricity, gas, steam and air conditioning supply · EMTAK 35

  • Turnover · Q3 2026 17 314 €
    industry median 3 039 € · companies in the industry: 735
  • Revenue · 2025 198 358 €
    industry median 3 747 € · companies in the industry: 1 008
  • Net profit margin · 2025 31.8 %
    industry median 3.6 % · companies in the industry: 693

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 17 314 € · −45.8% vs Q2 2026 · industry median 3 039 € · above 66% of the industry
050100150Q4 2023 Company: 99 883 € Industry median: 3 548 €Q4·23Q1 2024 Company: 74 182 € Industry median: 919 €Q2 2024 Company: 45 368 € Industry median: 3 798 €Q2·24Q3 2024 Company: 43 468 € Industry median: 4 925 €Q4 2024 Company: 134 182 € Industry median: 3 257 €Q4·24Q1 2025 Company: 87 582 € Industry median: 1 195 €Q2 2025 Company: 45 740 € Industry median: 3 174 €Q2·25Q3 2025 Company: 24 900 € Industry median: 2 640 €Q4 2025 Company: 43 170 € Industry median: 2 889 €Q4·25Q1 2026 Company: 78 674 € Industry median: 1 972 €Q2 2026 Company: 31 937 € Industry median: 2 924 €Q2·26Q3 2026 Company: 17 314 € Industry median: 3 039 €Q3·26050100150Q4 2024 Company: 134 182 € Industry median: 3 257 €Q1 2025 Company: 87 582 € Industry median: 1 195 €Q1·25Q2 2025 Company: 45 740 € Industry median: 3 174 €Q3 2025 Company: 24 900 € Industry median: 2 640 €Q3·25Q4 2025 Company: 43 170 € Industry median: 2 889 €Q1 2026 Company: 78 674 € Industry median: 1 972 €Q1·26Q2 2026 Company: 31 937 € Industry median: 2 924 €Q3 2026 Company: 17 314 € Industry median: 3 039 €Q3·26
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 566 € · −88.5% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 17 698 €Q4·23Q1 2024 Company: 11 456 €Q2 2024 Company: 5 656 €Q2·24Q3 2024 Company: 5 807 €Q4 2024 Company: 17 366 €Q4·24Q1 2025 Company: 14 555 €Q2 2025 Company: 5 270 €Q2·25Q3 2025 Company: 2 305 €Q4 2025 Company: 5 509 €Q4·25Q1 2026 Company: 12 124 €Q2 2026 Company: 4 910 €Q2·26Q3 2026 Company: 566 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 17 366 €Q1 2025 Company: 14 555 €Q1·25Q2 2025 Company: 5 270 €Q3 2025 Company: 2 305 €Q3·25Q4 2025 Company: 5 509 €Q1 2026 Company: 12 124 €Q1·26Q2 2026 Company: 4 910 €Q3 2026 Company: 566 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 17 314 566 845 —
Q2 2026 31 937 4 910 845 —
Q1 2026 78 674 12 124 884 —
Q4 2025 43 170 5 509 845 —
Q3 2025 24 900 2 305 845 —
Q2 2025 45 740 5 270 845 —
Q1 2025 87 582 14 555 1 252 —
Q4 2024 134 182 17 366 926 —
Q3 2024 43 468 5 807 839 —
Q2 2024 45 368 5 656 965 —
Q1 2024 74 182 11 456 1 045 —
Q4 2023 99 883 17 698 1 080 —
Q3 2023 79 491 472 461 3 250 —
Q2 2023 89 466 13 591 1 009 —
Q1 2023 115 685 22 031 1 089 —
Q4 2022 243 748 46 262 641 —
Q3 2022 54 416 5 370 462 —
Q2 2022 60 368 11 216 660 —
Q1 2022 75 026 18 926 5 805 —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 198 358 € · −32.7% vs 2024 · industry median 3 747 € · above 81% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 210 894 € Industry median: 28 215 €20192020 Company: 207 764 € Industry median: 698 €20202021 Company: 119 956 € Industry median: 4 398 €20212022 Company: 435 749 € Industry median: 13 412 €20222023 Company: 393 609 € Industry median: 4 448 €20232024 Company: 294 671 € Industry median: 4 456 €20242025 Company: 198 358 € Industry median: 3 747 €202501002003004005002018 Company: — Industry median: —2019 Company: 210 894 € Industry median: 28 215 €20192020 Company: 207 764 € Industry median: 698 €2021 Company: 119 956 € Industry median: 4 398 €20212022 Company: 435 749 € Industry median: 13 412 €2023 Company: 393 609 € Industry median: 4 448 €20232024 Company: 294 671 € Industry median: 4 456 €2025 Company: 198 358 € Industry median: 3 747 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 63 112 € · −27.3% vs 2024 · industry median 0 € · above 90% of the industry
-1 00001 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -90 233 € Industry median: 0 €20192020 Company: 859 041 € Industry median: 0 €20202021 Company: -504 258 € Industry median: 101 €20212022 Company: 221 324 € Industry median: 1 580 €20222023 Company: 2 023 811 € Industry median: 0 €20232024 Company: 86 850 € Industry median: 0 €20242025 Company: 63 112 € Industry median: 0 €2025-1 00001 0002 0003 0002018 Company: — Industry median: —2019 Company: -90 233 € Industry median: 0 €20192020 Company: 859 041 € Industry median: 0 €2021 Company: -504 258 € Industry median: 101 €20212022 Company: 221 324 € Industry median: 1 580 €2023 Company: 2 023 811 € Industry median: 0 €20232024 Company: 86 850 € Industry median: 0 €2025 Company: 63 112 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 31.8 % · +2.3 pp vs the year before · industry median 3.6 % · above 75% of the industry
-600-400-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -42.8 % Industry median: 9.7 %20192020 Company: 413.5 % Industry median: 8.8 %20202021 Company: -420.4 % Industry median: 23.4 %20212022 Company: 50.8 % Industry median: 51.2 %20222023 Company: 514.2 % Industry median: 15.7 %20232024 Company: 29.5 % Industry median: 4.5 %20242025 Company: 31.8 % Industry median: 3.6 %2025-600-400-20002004006002018 Company: — Industry median: —2019 Company: -42.8 % Industry median: 9.7 %20192020 Company: 413.5 % Industry median: 8.8 %2021 Company: -420.4 % Industry median: 23.4 %20212022 Company: 50.8 % Industry median: 51.2 %2023 Company: 514.2 % Industry median: 15.7 %20232024 Company: 29.5 % Industry median: 4.5 %2025 Company: 31.8 % Industry median: 3.6 %2025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 404 105 € · +23.8% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 653 065 €20192020 Company: 1 038 126 €20202021 Company: 323 498 €20212022 Company: 1 383 254 €20222023 Company: 250 540 €20232024 Company: 326 398 €20242025 Company: 404 105 €202505001 0001 5002 0002018 Company: —2019 Company: 1 653 065 €20192020 Company: 1 038 126 €2021 Company: 323 498 €20212022 Company: 1 383 254 €2023 Company: 250 540 €20232024 Company: 326 398 €2025 Company: 404 105 €2025
Equity, € thousand 2025: 379 163 € · +20.0% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 159 650 €20192020 Company: 1 018 691 €20202021 Company: 314 433 €20212022 Company: 72 822 €20222023 Company: 229 202 €20232024 Company: 316 051 €20242025 Company: 379 163 €202502505007501 0001 2502018 Company: —2019 Company: 159 650 €20192020 Company: 1 018 691 €2021 Company: 314 433 €20212022 Company: 72 822 €2023 Company: 229 202 €20232024 Company: 316 051 €2025 Company: 379 163 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02016 Company: 2 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Electricity, gas, steam and air conditioning supply (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 198 358 63 112 0 404 105 379 163 0
2024 294 671 86 850 — 326 398 316 051 0
2023 393 609 2 023 811 — 250 540 229 202 0
2022 435 749 221 324 0 1 383 254 72 822 0
2021 119 956 -504 258 36 768 323 498 314 433 1
2020 207 764 859 041 45 586 1 038 126 1 018 691 1
2019 210 894 -90 233 40 452 1 653 065 159 650 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 2
2015 — — — — — 2
2014 — — — — — 2
2013 — — — — — 1
2012 — — — — — 1
2011 — — — — — 1
2009 — — — — — 3
2008 — — — — — 3
2007 — — — — — 3
2005 — — — — — 2
2004 — — — — — 2
2003 — — — — — 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
31.8 %
Net profit / revenue
Return on equity (ROE)
16.6 %
Net profit / equity
Return on assets (ROA)
15.6 %
Net profit / assets
Equity ratio
93.8 %
Equity / assets
Debt ratio
6.2 %
Liabilities / assets
Current ratio
2.72
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 16 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 8 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 15 Oct 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 18 May 2023 Company’s own · audited e-Äriregister
2020 1 Sep 2019 – 31 Dec 2020 15 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Sep 2018 – 31 Aug 2019 27 Mar 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

  • Rinna Ekonomi AB
    Legal person · 43 700 €
  • Valla Morötter Aktiebolag
    Legal person · 43 700 €
  • OSAÜHING REVALTEKS
    Legal person · 11191859 · 26 600 €

Beneficial owners

  • Lars Peter Karlsson
    Member of a senior management body (management or supervisory board) · SWE · since 4 Jun 2024
  • Anders Roland Svensson
    Member of a senior management body (management or supervisory board) · SWE · since 15 Oct 2023
  • Peeter Kukk
    Direct ownership · since 13 Sep 2018

Founders and other persons

  • Jüri Petrov
    Founder · 4 000 € · 26 Aug 2002
  • Voldemar Riis
    Founder · 2 400 € · 26 Aug 2002
  • Agrivind Aktiebolag
    Founder · 11 200 € · 26 Aug 2002
  • Eolus Vind Aktiebolag
    Founder · 11 200 € · 26 Aug 2002
  • Siral System & Co Aktiebolag
    Founder · 11 200 € · 26 Aug 2002
  • Mai Vaher
    Auditor who valued a non-monetary contribution · 6 Nov 2006
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 35122Electricity production from wind power Main
  • 02101Silviculture and other forestry activities
  • 47789Retail sale of goods n.e.c.
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 30017350 / M7
8 Sep 2025
Ruling to correct data outside an entry 22 Sep 2025 In force
8 Sep 2025
PDF
Ä 30017350 / 16
14 Nov 2023
Amendment entry In force
14 Nov 2023
PDF
Ä 30017350 / 15
3 Oct 2023
Amendment entry In force
3 Oct 2023
PDF
Ä 30017350 / M6
1 Sep 2023
Warning of a fine: annual report not filed 1 Oct 2023 Deficiencies eliminated
1 Nov 2023
PDF
Ä 30017350 / 14
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 30017350 / 13
12 Jul 2022
Amendment under Commercial Code § 525 (2) In force
12 Jul 2022
PDF
Ä 30017350 / 12
30 Jun 2022
Second (constitutive) merger entry In force
30 Jun 2022
PDF
Ä 30017350 / M5
22 Jun 2022
Ruling to eliminate deficiencies 2 Jul 2022 Deficiencies eliminated
30 Jun 2022
PDF
Ä 30017350 / 11
21 Jan 2021
Amendment entry In force
21 Jan 2021
PDF
Ä 30017350 / 10
5 Oct 2020
Amendment entry In force
5 Oct 2020
PDF
Ä 30017350 / M4
9 Sep 2020
Ruling to eliminate deficiencies 9 Oct 2020 Deficiencies eliminated
5 Oct 2020
PDF
Ä 30017350 / 9
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30017350 / 8
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 30017350 / 7
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 30017350 / 6
8 Apr 2011
Amendment entry In force
8 Apr 2011
PDF
Ä 30017350 / M3
22 Feb 2011
Ruling to eliminate deficiencies In force
22 Feb 2011
PDF
Ä 30017350 / 5
20 Sep 2010
Amendment entry In force
20 Sep 2010
PDF
Ä 17350 / 4
18 May 2009
Amendment entry In force
18 May 2009
PDF
Ä 17350 / 3
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 17350 / M2
24 Sep 2007
Warning of a fine: deficiencies in the annual report In force
27 Sep 2007
PDF
Ä 17350 / 2
1 Mar 2007
Amendment entry In force
1 Mar 2007
PDF
Ä 17350
26 Aug 2002
First entry In force PDF
Ä 17350 / M1
16 Aug 2002
Ruling to eliminate deficiencies (to be served) 16 Oct 2002 In force PDF

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