Osaühing ALTAIRBALT
Active Registry code 10970521
OÜ Jõhvi linn Registered 12 Sep 2003
Osaühing ALTAIRBALT is a OÜ based in Jõhvi linn, registry code 10970521, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €191 815 with 13 employees.
Turnover
191 815 €
↓ 6.3% vs Q2 2026
State taxes
49 677 €
↓ 16.0% vs Q2 2026
Labour taxes
25 405 €
↓ 0.7% vs Q2 2026
Employees
13
−1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 191 815 €above 68% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 1 954 €above 47% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 1.2 mn €above 84% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 2.8 %above 51% 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 | 191 815 | 49 677 | 25 405 | 13 |
| Q2 2026 | 204 806 | 59 174 | 25 585 | 14 |
| Q1 2026 | 140 009 | 32 960 | 23 805 | 14 |
| Q4 2025 | 566 341 | 61 510 | 24 421 | 15 |
| Q3 2025 | 319 499 | 79 622 | 23 748 | 15 |
| Q2 2025 | 286 286 | 52 406 | 20 972 | 15 |
| Q1 2025 | 476 416 | 63 079 | 21 193 | 14 |
| Q4 2024 | 201 687 | 51 969 | 21 621 | 14 |
| Q3 2024 | 616 226 | 49 980 | 19 578 | 14 |
| Q2 2024 | 683 690 | 47 239 | 18 469 | 13 |
| Q1 2024 | 842 395 | 79 146 | 19 937 | 13 |
| Q4 2023 | 653 659 | 48 861 | 20 405 | 14 |
| Q3 2023 | 650 840 | 52 715 | 20 322 | 13 |
| Q2 2023 | 766 924 | 64 452 | 20 151 | 13 |
| Q1 2023 | 1 054 741 | 100 193 | 17 285 | 13 |
| Q4 2022 | 1 367 452 | 68 031 | 21 815 | 13 |
| Q3 2022 | 1 357 756 | 95 339 | 21 711 | 13 |
| Q2 2022 | 602 269 | 88 915 | 20 406 | 13 |
| Q1 2022 | 364 809 | 77 752 | 20 391 | 13 |
Labour taxes per employee per month
651 €
Turnover per employee in the quarter
14 755 €
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 | 1 242 390 | 35 102 | 257 365 | 1 663 651 | 1 174 093 | 14 |
| 2024 | 1 453 096 | -818 372 | 237 311 | 2 050 209 | 1 138 991 | 13 |
| 2023 | 3 265 011 | 457 023 | 230 236 | 3 004 924 | 1 957 363 | 13 |
| 2022 | 9 598 777 | -1 531 796 | 231 722 | 2 728 389 | 1 500 340 | 13 |
| 2021 | 6 944 961 | -338 468 | 205 841 | 3 786 623 | 3 032 136 | 13 |
| 2020 | 12 492 744 | 63 699 | 155 501 | 4 340 911 | 3 370 604 | 11 |
| 2019 | 16 518 727 | 933 339 | 134 331 | 4 427 793 | 3 306 905 | 11 |
| 2018 | — | — | — | — | — | 11 |
| 2017 | — | — | — | — | — | 10 |
| 2016 | — | — | — | — | — | 11 |
| 2015 | — | — | — | — | — | 12 |
| 2014 | — | — | — | — | — | 9 |
| 2013 | — | — | — | — | — | 11 |
| 2012 | — | — | — | — | — | 12 |
| 2011 | — | — | — | — | — | 12 |
| 2010 | — | — | — | — | — | 9 |
| 2009 | — | — | — | — | — | 17 |
| 2008 | — | — | — | — | — | 15 |
| 2007 | — | — | — | — | — | 11 |
| 2006 | — | — | — | — | — | 6 |
| 2005 | — | — | — | — | — | 3 |
| 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
2.8 %
Net profit / revenue
Return on equity (ROE)
3.0 %
Net profit / equity
Return on assets (ROA)
2.1 %
Net profit / assets
Equity ratio
70.6 %
Equity / assets
Debt ratio
29.4 %
Liabilities / assets
Current ratio
3.11
Current assets / current liabilities
Revenue per employee
88 742 €
Revenue / average full-time employees
Labour cost per employee per month
1 532 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 20 Sep 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 31 Dec 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 15 Dec 2025 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 31 Oct 2025 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 15 Dec 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 7 Jul 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 28 Oct 2020 | Company’s own · audited | e-Äriregister |
Board
- Sergei MerkulovBoard member · since 25 May 2026
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Sergei MerkulovNatural person · 5 113 €
Beneficial owners
- Sergei MerkulovDirect ownership · since 20 Sep 2026
Founders and other persons
- Sergei MerkulovFounder · 20 000 € · 12 Sep 2003
- Vassili KomarovFounder · 20 000 € · 12 Sep 2003
Related companies
Activities (EMTAK)
- 46901Non-specialised wholesale trade Main
- 68201Rental and operating of own or leased real estate
- 69202Bookkeeping, tax consulting
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 40015386 / M8 21 Aug 2026 |
Warning of a fine: annual report not filed | 5 Oct 2026 | Deficiencies eliminated 21 Sep 2026 |
|
| Ä 40015386 / 13 25 May 2026 |
Amendment entry | In force 25 May 2026 |
||
| Ä 40015386 / M7 16 Sep 2025 |
Fine for not filing the report | 1 Oct 2025 | In force 2 Oct 2025 |
|
| Ä 40015386 / M6 9 Aug 2025 |
Warning of a fine: annual report not filed | 10 Sep 2025 | In force 11 Aug 2025 |
|
| Ä 40015386 / M5 7 Oct 2024 |
Repeated fine for not filing the report | 22 Oct 2024 | In force 23 Oct 2024 |
|
| Ä 40015386 / M4 10 Jun 2024 |
Fine for not filing the report | 25 Jun 2024 | In force 26 Jun 2024 |
|
| Ä 40015386 / M3 6 Apr 2024 |
Warning of a fine: annual report not filed | 6 May 2024 | In force 6 Apr 2024 |
|
| Ä 40015386 / M2 1 Jan 2024 |
Fine for not filing the report | 16 Jan 2024 | Deficiencies eliminated 15 Mar 2024 |
|
| Ä 40015386 / 12 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 40015386 / M1 26 Aug 2023 |
Warning of a fine: annual report not filed | 25 Sep 2023 | Deficiencies eliminated 15 Mar 2024 |
|
| Ä 40015386 / 11 8 Sep 2022 |
Amendment under Commercial Code § 525 (2) | In force 8 Sep 2022 |
||
| Ä 40015386 / 10 19 Jul 2022 |
Amendment entry | In force 19 Jul 2022 |
||
| Ä 40015386 / 9 27 Jun 2018 |
Amendment entry | In force 27 Jun 2018 |
||
| Ä 40015386 / 8 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 40015386 / 7 5 Dec 2017 |
Amendment entry | In force 5 Dec 2017 |
||
| Ä 40015386 / 6 13 Apr 2011 |
Amendment entry | In force 13 Apr 2011 |
||
| Ä 40015386 / 5 30 Mar 2010 |
Amendment entry | In force 30 Mar 2010 |
||
| Ä 15386 / 4 3 Dec 2008 |
Deletion of activities from the registry card | In force 8 Dec 2008 |
||
| Ä 15386 / 3 1 Mar 2007 |
Amendment entry | In force 1 Mar 2007 |
||
| Ä 15386 / 2 21 Mar 2005 |
Amendment entry | In force | ||
| Ä 15386 12 Sep 2003 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data