Baltic Works OÜ
Active Registry code 10888570
OÜ Jüri alevik Registered 27 Aug 2002
Baltic Works OÜ is a OÜ based in Jüri alevik, registry code 10888570, status: active. Main activity: Manufacture of other electrical equipment. According to EMTA, turnover for Q3 2026 was €4 490 221 with 36 employees.
Turnover
4 490 221 €
↓ 1.6% vs Q2 2026
State taxes
269 144 €
↓ 36.2% vs Q2 2026
Labour taxes
133 106 €
↑ 0.4% vs Q2 2026
Employees
36
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 4.5 mn €above 88% of companiesindustry median 215 709 € · companies in the industry: 143
- Labour taxes per employee 3 697 €above 69% of companiesindustry median 2 978 € · companies in the industry: 116
- Revenue · 2025 10.1 mn €above 89% of companiesindustry median 131 237 € · companies in the industry: 178
- Net profit margin · 2025 6.6 %above 60% of companiesindustry median 3.8 % · companies in the industry: 135
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (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 | 4 490 221 | 269 144 | 133 106 | 36 |
| Q2 2026 | 4 565 097 | 422 055 | 132 619 | 38 |
| Q1 2026 | 3 624 540 | 278 577 | 136 945 | 37 |
| Q4 2025 | 4 325 190 | 306 804 | 137 883 | 37 |
| Q3 2025 | 4 418 313 | 294 937 | 141 232 | 37 |
| Q2 2025 | 3 571 900 | 404 519 | 139 423 | 39 |
| Q1 2025 | 3 072 182 | 246 096 | 133 380 | 38 |
| Q4 2024 | 3 514 894 | 236 969 | 125 147 | 37 |
| Q3 2024 | 3 454 736 | 225 407 | 130 432 | 37 |
| Q2 2024 | 3 784 728 | 354 122 | 123 014 | 37 |
| Q1 2024 | 3 421 913 | 232 319 | 125 082 | 37 |
| Q4 2023 | 3 807 754 | 232 435 | 120 509 | 37 |
| Q3 2023 | 3 554 277 | 244 159 | 128 170 | 37 |
| Q2 2023 | 3 850 013 | 230 134 | 110 627 | 36 |
| Q1 2023 | 3 231 960 | 213 770 | 106 991 | 33 |
| Q4 2022 | 3 367 251 | 217 614 | 95 826 | 33 |
| Q3 2022 | 3 383 886 | 204 399 | 97 347 | 32 |
| Q2 2022 | 3 099 723 | 231 890 | 89 531 | 31 |
| Q1 2022 | 3 267 210 | 192 678 | 87 361 | 30 |
Labour taxes per employee per month
1 232 €
Turnover per employee in the quarter
124 728 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of electrical equipment (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 | 10 052 247 | 662 220 | 1 310 045 | 5 630 570 | 4 574 926 | 38 |
| 2024 | 8 781 286 | 595 382 | 1 241 468 | 5 225 552 | 4 392 706 | 37 |
| 2023 | 9 265 689 | 804 055 | 1 180 135 | 5 550 011 | 4 277 324 | 37 |
| 2022 | 7 566 721 | 285 583 | 935 647 | 4 913 223 | 3 653 269 | 0 |
| 2021 | 7 037 704 | 309 953 | 843 759 | 4 312 911 | 3 567 686 | 33 |
| 2020 | 6 265 551 | 360 487 | 860 940 | 3 953 006 | 3 407 733 | 32 |
| 2019 | 6 593 258 | 435 962 | 805 171 | 4 101 740 | 3 347 246 | 32 |
| 2018 | — | — | — | — | — | 33 |
| 2017 | — | — | — | — | — | 32 |
| 2016 | — | — | — | — | — | 30 |
| 2015 | — | — | — | — | — | 29 |
| 2014 | — | — | — | — | — | 28 |
| 2013 | — | — | — | — | — | 28 |
| 2012 | — | — | — | — | — | 27 |
| 2011 | — | — | — | — | — | 23 |
| 2010 | — | — | — | — | — | 20 |
| 2009 | — | — | — | — | — | 19 |
| 2008 | — | — | — | — | — | 25 |
| 2007 | — | — | — | — | — | 23 |
| 2006 | — | — | — | — | — | 19 |
| 2005 | — | — | — | — | — | 13 |
| 2004 | — | — | — | — | — | 9 |
| 2003 | — | — | — | — | — | 9 |
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
6.6 %
Net profit / revenue
Return on equity (ROE)
14.5 %
Net profit / equity
Return on assets (ROA)
11.8 %
Net profit / assets
Equity ratio
81.3 %
Equity / assets
Debt ratio
18.7 %
Liabilities / assets
Current ratio
4.82
Current assets / current liabilities
Revenue per employee
264 533 €
Revenue / average full-time employees
Labour cost per employee per month
2 873 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 20 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 26 Mar 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 Mar 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 23 Mar 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 26 Mar 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 22 Feb 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 3 500 000 EEK | aktsiaselts Hansapank | 2 Aug 2007 – in force |
Board
- Lauri MälloBoard member · since 4 Feb 2004
- Anders Johan GranbergBoard member · since 10 Apr 2019
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Star Works Group Oy AbLegal person · 2 412 €
- Lauri MälloNatural person · 268 €
Beneficial owners
- Anders Henrik StahlMember of a senior management body (management or supervisory board) · FIN · since 11 Oct 2018
- Anders Johan GranbergMember of a senior management body (management or supervisory board) · FIN · since 11 Oct 2018
- Dan Harald Bogislaus HohenthalMember of a senior management body (management or supervisory board) · FIN · since 11 Oct 2018
- Roy Leopold GranbergMember of a senior management body (management or supervisory board) · FIN · since 11 Oct 2018
Founders and other persons
- Glandre Õigusabi OÜFounder · 42 000 € · 27 Aug 2002
- AUDIITORBÜROO ELSS ASAudit firm · 8 Mar 2011
Related companies
Activities (EMTAK)
- 27901Manufacture of other electrical equipment Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10067157 / 13 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10067157 / 12 10 Apr 2019 |
Amendment entry | In force 10 Apr 2019 |
||
| Ä 10067157 / 11 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10067157 / 10 8 Nov 2017 |
Amendment entry | In force 8 Nov 2017 |
||
| Ä 10067157 / 9 31 May 2017 |
Amendment entry | In force 31 May 2017 |
||
| Ä 10067157 / 8 30 May 2017 |
Division entry (second, constitutive) | In force 30 May 2017 |
||
| Ä 10067157 / M4 8 May 2017 |
Ruling to eliminate deficiencies | 7 Jun 2017 | Deficiencies eliminated 30 May 2017 |
|
| Ä 10067157 / 7 3 Apr 2012 |
Amendment entry | In force 3 Apr 2012 |
||
| Ä 10067157 / 6 14 Sep 2011 |
Amendment entry | In force 14 Sep 2011 |
||
| Ä 67157 / 5 3 Dec 2008 |
Deletion of activities from the registry card | In force 10 Dec 2008 |
||
| Ä 67157 / 4 20 Dec 2007 |
Amendment entry | In force 20 Dec 2007 |
||
| Ä 67157 / M3 11 Dec 2007 |
Ruling to eliminate deficiencies (to be served) | Deficiencies eliminated 19 Dec 2007 |
||
| K 110997 2 Aug 2007 |
Commercial pledge entered | In force 2 Aug 2007 |
||
| Ä 67157 / 3 4 Feb 2004 |
Amendment entry | In force | ||
| Ä 67157 / M2 7 Jan 2004 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 67157 / 2 13 Nov 2002 |
Published amendment entry | In force | ||
| Ä 67157 / M1 4 Oct 2002 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 67157 26 Aug 2002 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data