INOX BALTIC OÜ

Active Registry code 10942370 OÜ Tartu linn Registered 5 May 2003
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INOX BALTIC OÜ is a OÜ based in Tartu linn, registry code 10942370, status: active. Main activity: Manufacture of non-domestic air conditioning equipment. According to EMTA, turnover for Q3 2026 was €1 037 740 with 35 employees.

Turnover
1 037 740 €
↓ 28.6% vs Q2 2026
State taxes
150 405 €
↑ 2.5% vs Q2 2026
Labour taxes
139 539 €
↑ 9.1% vs Q2 2026
Employees
35
±0 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

  • Turnover · Q3 2026 1 mn €
    industry median 130 544 € · companies in the industry: 217
  • Labour taxes per employee 3 987 €
    industry median 3 287 € · companies in the industry: 159
  • Revenue · 2025 3.8 mn €
    industry median 111 300 € · companies in the industry: 279
  • Net profit margin · 2025 4.3 %
    industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 037 740 € · −28.6% vs Q2 2026 · industry median 130 544 € · above 79% of the industry
05001 0001 5002 000Q4 2023 Company: 1 126 493 € Industry median: 169 313 €Q4·23Q1 2024 Company: 931 046 € Industry median: 104 294 €Q2 2024 Company: 1 283 357 € Industry median: 149 915 €Q2·24Q3 2024 Company: 1 028 792 € Industry median: 116 819 €Q4 2024 Company: 1 279 123 € Industry median: 125 620 €Q4·24Q1 2025 Company: 1 075 621 € Industry median: 107 376 €Q2 2025 Company: 1 359 376 € Industry median: 120 320 €Q2·25Q3 2025 Company: 1 047 202 € Industry median: 113 462 €Q4 2025 Company: 1 521 603 € Industry median: 118 117 €Q4·25Q1 2026 Company: 974 375 € Industry median: 121 481 €Q2 2026 Company: 1 453 318 € Industry median: 134 270 €Q2·26Q3 2026 Company: 1 037 740 € Industry median: 130 544 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 279 123 € Industry median: 125 620 €Q1 2025 Company: 1 075 621 € Industry median: 107 376 €Q1·25Q2 2025 Company: 1 359 376 € Industry median: 120 320 €Q3 2025 Company: 1 047 202 € Industry median: 113 462 €Q3·25Q4 2025 Company: 1 521 603 € Industry median: 118 117 €Q1 2026 Company: 974 375 € Industry median: 121 481 €Q1·26Q2 2026 Company: 1 453 318 € Industry median: 134 270 €Q3 2026 Company: 1 037 740 € Industry median: 130 544 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 987 € · +9.1% vs Q2 2026 · industry median 3 287 € · above 67% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 171 € Industry median: 2 757 €Q4·23Q1 2024 Company: 3 541 € Industry median: 2 612 €Q2 2024 Company: 3 374 € Industry median: 2 939 €Q2·24Q3 2024 Company: 3 461 € Industry median: 2 942 €Q4 2024 Company: 3 291 € Industry median: 2 826 €Q4·24Q1 2025 Company: 3 559 € Industry median: 3 204 €Q2 2025 Company: 3 421 € Industry median: 3 161 €Q2·25Q3 2025 Company: 3 952 € Industry median: 3 238 €Q4 2025 Company: 3 449 € Industry median: 3 419 €Q4·25Q1 2026 Company: 3 834 € Industry median: 3 110 €Q2 2026 Company: 3 654 € Industry median: 3 050 €Q2·26Q3 2026 Company: 3 987 € Industry median: 3 287 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 291 € Industry median: 2 826 €Q1 2025 Company: 3 559 € Industry median: 3 204 €Q1·25Q2 2025 Company: 3 421 € Industry median: 3 161 €Q3 2025 Company: 3 952 € Industry median: 3 238 €Q3·25Q4 2025 Company: 3 449 € Industry median: 3 419 €Q1 2026 Company: 3 834 € Industry median: 3 110 €Q1·26Q2 2026 Company: 3 654 € Industry median: 3 050 €Q3 2026 Company: 3 987 € Industry median: 3 287 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 35 · +0.0% vs Q2 2026
010203040Q4 2023 Company: 33Q4·23Q1 2024 Company: 32Q2 2024 Company: 31Q2·24Q3 2024 Company: 32Q4 2024 Company: 31Q4·24Q1 2025 Company: 33Q2 2025 Company: 34Q2·25Q3 2025 Company: 35Q4 2025 Company: 36Q4·25Q1 2026 Company: 35Q2 2026 Company: 35Q2·26Q3 2026 Company: 35Q3·26010203040Q4 2024 Company: 31Q1 2025 Company: 33Q1·25Q2 2025 Company: 34Q3 2025 Company: 35Q3·25Q4 2025 Company: 36Q1 2026 Company: 35Q1·26Q2 2026 Company: 35Q3 2026 Company: 35Q3·26
State taxes, € thousand Q3 2026: 150 405 € · +2.5% vs Q2 2026
050100150200Q4 2023 Company: 105 373 €Q4·23Q1 2024 Company: 110 733 €Q2 2024 Company: 116 005 €Q2·24Q3 2024 Company: 118 854 €Q4 2024 Company: 100 794 €Q4·24Q1 2025 Company: 119 981 €Q2 2025 Company: 117 596 €Q2·25Q3 2025 Company: 137 303 €Q4 2025 Company: 124 975 €Q4·25Q1 2026 Company: 130 925 €Q2 2026 Company: 146 713 €Q2·26Q3 2026 Company: 150 405 €Q3·26050100150200Q4 2024 Company: 100 794 €Q1 2025 Company: 119 981 €Q1·25Q2 2025 Company: 117 596 €Q3 2025 Company: 137 303 €Q3·25Q4 2025 Company: 124 975 €Q1 2026 Company: 130 925 €Q1·26Q2 2026 Company: 146 713 €Q3 2026 Company: 150 405 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 037 740 150 405 139 539 35
Q2 2026 1 453 318 146 713 127 883 35
Q1 2026 974 375 130 925 134 205 35
Q4 2025 1 521 603 124 975 124 170 36
Q3 2025 1 047 202 137 303 138 321 35
Q2 2025 1 359 376 117 596 116 306 34
Q1 2025 1 075 621 119 981 117 440 33
Q4 2024 1 279 123 100 794 102 034 31
Q3 2024 1 028 792 118 854 110 750 32
Q2 2024 1 283 357 116 005 104 599 31
Q1 2024 931 046 110 733 113 327 32
Q4 2023 1 126 493 105 373 104 651 33
Q3 2023 1 276 521 140 330 110 544 33
Q2 2023 1 356 003 96 130 97 335 34
Q1 2023 1 153 656 120 231 112 917 34
Q4 2022 1 519 116 93 685 94 871 35
Q3 2022 1 200 625 107 958 108 608 36
Q2 2022 1 600 944 102 820 100 590 37
Q1 2022 1 202 958 105 639 106 710 37
Labour taxes per employee per month
1 329 €
Turnover per employee in the quarter
29 650 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 3 828 593 € · +7.1% vs 2024 · industry median 111 300 € · above 86% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3 383 808 € Industry median: 219 409 €20192020 Company: 2 838 418 € Industry median: 181 444 €20202021 Company: 3 720 482 € Industry median: 156 036 €20212022 Company: 3 926 105 € Industry median: 131 130 €20222023 Company: 3 427 751 € Industry median: 122 716 €20232024 Company: 3 573 684 € Industry median: 128 580 €20242025 Company: 3 828 593 € Industry median: 111 300 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 3 383 808 € Industry median: 219 409 €20192020 Company: 2 838 418 € Industry median: 181 444 €2021 Company: 3 720 482 € Industry median: 156 036 €20212022 Company: 3 926 105 € Industry median: 131 130 €2023 Company: 3 427 751 € Industry median: 122 716 €20232024 Company: 3 573 684 € Industry median: 128 580 €2025 Company: 3 828 593 € Industry median: 111 300 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 165 456 € · +818.6% vs 2024 · industry median 685 € · above 88% of the industry
01002003004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 390 705 € Industry median: 6 767 €20192020 Company: 252 304 € Industry median: 5 345 €20202021 Company: 371 953 € Industry median: 6 468 €20212022 Company: 300 979 € Industry median: 2 794 €20222023 Company: 35 604 € Industry median: 1 070 €20232024 Company: 18 011 € Industry median: 0 €20242025 Company: 165 456 € Industry median: 685 €202501002003004002018 Company: — Industry median: —2019 Company: 390 705 € Industry median: 6 767 €20192020 Company: 252 304 € Industry median: 5 345 €2021 Company: 371 953 € Industry median: 6 468 €20212022 Company: 300 979 € Industry median: 2 794 €2023 Company: 35 604 € Industry median: 1 070 €20232024 Company: 18 011 € Industry median: 0 €2025 Company: 165 456 € Industry median: 685 €2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.3 % · +3.8 pp vs the year before · industry median 3.0 % · above 56% of the industry
035810132016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11.5 % Industry median: 5.8 %20192020 Company: 8.9 % Industry median: 6.7 %20202021 Company: 10.0 % Industry median: 6.2 %20212022 Company: 7.7 % Industry median: 4.6 %20222023 Company: 1.0 % Industry median: 4.9 %20232024 Company: 0.5 % Industry median: 3.3 %20242025 Company: 4.3 % Industry median: 3.0 %2025035810132018 Company: — Industry median: —2019 Company: 11.5 % Industry median: 5.8 %20192020 Company: 8.9 % Industry median: 6.7 %2021 Company: 10.0 % Industry median: 6.2 %20212022 Company: 7.7 % Industry median: 4.6 %2023 Company: 1.0 % Industry median: 4.9 %20232024 Company: 0.5 % Industry median: 3.3 %2025 Company: 4.3 % Industry median: 3.0 %2025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 673 597 € · +7.0% vs 2024
01 0002 0003 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 322 961 €20192020 Company: 2 199 705 €20202021 Company: 2 511 308 €20212022 Company: 2 675 476 €20222023 Company: 2 629 991 €20232024 Company: 2 499 620 €20242025 Company: 2 673 597 €202501 0002 0003 0002018 Company: —2019 Company: 2 322 961 €20192020 Company: 2 199 705 €2021 Company: 2 511 308 €20212022 Company: 2 675 476 €2023 Company: 2 629 991 €20232024 Company: 2 499 620 €2025 Company: 2 673 597 €2025
Equity, € thousand 2025: 2 449 510 € · +3.4% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 2 032 007 €20192020 Company: 2 001 917 €20202021 Company: 2 284 078 €20212022 Company: 2 494 977 €20222023 Company: 2 440 344 €20232024 Company: 2 368 053 €20242025 Company: 2 449 510 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 2 032 007 €20192020 Company: 2 001 917 €2021 Company: 2 284 078 €20212022 Company: 2 494 977 €2023 Company: 2 440 344 €20232024 Company: 2 368 053 €2025 Company: 2 449 510 €2025
Employees 2025: 35 · +12.9% vs 2024 · industry median 8 · above 83% of the industry
0102030402016 Company: 31 Industry median: —20162017 Company: 32 Industry median: —20172018 Company: 33 Industry median: 820182019 Company: 32 Industry median: 820192020 Company: 33 Industry median: 820202021 Company: 34 Industry median: 8.520212022 Company: 33 Industry median: 820222023 Company: 32 Industry median: 720232024 Company: 31 Industry median: 820242025 Company: 35 Industry median: 820250102030402018 Company: 33 Industry median: 82019 Company: 32 Industry median: 820192020 Company: 33 Industry median: 82021 Company: 34 Industry median: 8.520212022 Company: 33 Industry median: 82023 Company: 32 Industry median: 720232024 Company: 31 Industry median: 82025 Company: 35 Industry median: 82025
  • Company
  • Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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 3 828 593 165 456 1 217 072 2 673 597 2 449 510 35
2024 3 573 684 18 011 1 034 797 2 499 620 2 368 053 31
2023 3 427 751 35 604 1 018 624 2 629 991 2 440 344 32
2022 3 926 105 300 979 987 599 2 675 476 2 494 977 33
2021 3 720 482 371 953 949 905 2 511 308 2 284 078 34
2020 2 838 418 252 304 808 798 2 199 705 2 001 917 33
2019 3 383 808 390 705 891 297 2 322 961 2 032 007 32
2018 — — — — — 33
2017 — — — — — 32
2016 — — — — — 31
2015 — — — — — 29
2014 — — — — — 26
2013 — — — — — 22
2012 — — — — — 22
2011 — — — — — 17
2010 — — — — — 17
2009 — — — — — 14
2008 — — — — — 14
2007 — — — — — 11
2006 — — — — — 9
2005 — — — — — 8
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
4.1 %
Net profit / revenue
Return on equity (ROE)
6.8 %
Net profit / equity
Return on assets (ROA)
6.2 %
Net profit / assets
Equity ratio
91.6 %
Equity / assets
Debt ratio
8.4 %
Liabilities / assets
Current ratio
10.07
Current assets / current liabilities
Revenue per employee
115 922 €
Revenue / average full-time employees
Labour cost per employee per month
2 898 €
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 25 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 Jul 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 30 Jun 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Oct 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 650 000 EEK aktsiaselts Hansapank 19 Jul 2006 – in force

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 28251Manufacture of non-domestic air conditioning equipment Main
Rulings
Number, date Title Deadline State Document
Ä 20024712 / 17
10 Jul 2026
Division entry (second, constitutive) In force
10 Jul 2026
PDF
Ä 20024712 / M7
9 Jul 2026
Ruling to eliminate deficiencies 29 Jul 2026 Deficiencies eliminated
10 Jul 2026
PDF
Ä 20024712 / 16
18 Jun 2026
Entry refused: deficiencies not eliminated In force
3 Jul 2026
PDF
Ä 20024712 / M6
2 Jun 2026
Ruling to eliminate deficiencies 17 Jun 2026 In force
17 Jun 2026
PDF
Ä 20024712 / 15
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20024712 / 14
19 Aug 2020
Division entry (second, constitutive) In force
19 Aug 2020
PDF
Ä 20024712 / M5
29 Jun 2020
Ruling to eliminate deficiencies 29 Jul 2020 Deficiencies eliminated
7 Jul 2020
PDF
Ä 20024712 / 13
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 20024712 / 12
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20024712 / 11
3 Dec 2017
Amendment entry In force
3 Dec 2017
PDF
Ä 20024712 / 10
5 Oct 2015
Amendment entry In force
5 Oct 2015
PDF
Ä 20024712 / 9
14 Nov 2012
Division entry (second, constitutive) In force
14 Nov 2012
PDF
Ä 20024712 / 8
16 Sep 2011
Amendment entry In force
16 Sep 2011
PDF
Ä 24712 / 7
28 Jan 2009
Amendment entry In force
28 Jan 2009
PDF
Ä 24712 / 6
23 Dec 2008
Deletion of activities from the registry card In force
23 Dec 2008
PDF
Ä 24712 / 5
9 Nov 2007
Amendment entry In force
9 Nov 2007
PDF
Ä 24712 / M4
6 Nov 2007
Warning of a fine: annual report not filed 8 Dec 2007 Deficiencies eliminated
14 Nov 2007
PDF
K 36071 / 2
29 Mar 2007
Commercial pledge amended In force
29 Mar 2007
PDF
K 36071
19 Jul 2006
Commercial pledge entered In force
19 Jul 2006
PDF
Ä 24712 / 4
27 Apr 2005
Amendment entry In force PDF
Ä 24712 / M3
14 Apr 2005
Ruling to eliminate deficiencies (to be served) 15 Jun 2005 In force PDF
Ä 24712 / 3
19 Jan 2005
Amendment entry In force PDF
Ä 24712 / M2
13 Jan 2005
Ruling to eliminate deficiencies (to be served) 15 Feb 2005 In force PDF
Ä 24712 / 2
2 Jun 2003
Amendment entry In force PDF
Ä 24712
2 May 2003
First entry In force PDF
Ä 24712 / M1
25 Apr 2003
Ruling to eliminate deficiencies (to be served) 25 May 2003 In force PDF

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