Osaühing Balthazar Vara

Active Registry code 11015051 OÜ Pärnu linn Registered 12 Feb 2004
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Osaühing Balthazar Vara is a OÜ based in Pärnu linn, registry code 11015051, status: active. Main activity: Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons). According to EMTA, turnover for Q3 2026 was €42 062 with 1 employees.

Turnover
42 062 €
↓ 89.0% vs Q2 2026
State taxes
8 407 €
↑ 120.4% vs Q2 2026
Labour taxes
1 419 €
Employees
1
±0 vs Q2 2026

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

Position in the industry Rental and leasing activities · EMTAK 77

  • Turnover · Q3 2026 42 062 €
    industry median 13 500 € · companies in the industry: 1 553
  • Labour taxes per employee 1 419 €
    industry median 1 394 € · companies in the industry: 620
  • Revenue · 2025 124 197 €
    industry median 13 580 € · companies in the industry: 2 612
  • Net profit margin · 2025 5.6 %
    industry median 8.9 % · companies in the industry: 1 944

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 42 062 € · −89.0% vs Q2 2026 · industry median 13 500 € · above 69% of the industry
0100200300400Q4 2023 Company: 0 € Industry median: 12 549 €Q4·23Q1 2024 Company: 0 € Industry median: 11 539 €Q2 2024 Company: 0 € Industry median: 11 650 €Q2·24Q3 2024 Company: 0 € Industry median: 12 968 €Q4 2024 Company: 6 346 € Industry median: 12 979 €Q4·24Q1 2025 Company: 27 003 € Industry median: 11 715 €Q2 2025 Company: 30 988 € Industry median: 11 635 €Q2·25Q3 2025 Company: 45 763 € Industry median: 12 530 €Q4 2025 Company: 94 998 € Industry median: 12 104 €Q4·25Q1 2026 Company: 94 246 € Industry median: 11 923 €Q2 2026 Company: 381 600 € Industry median: 13 106 €Q2·26Q3 2026 Company: 42 062 € Industry median: 13 500 €Q3·260100200300400Q4 2024 Company: 6 346 € Industry median: 12 979 €Q1 2025 Company: 27 003 € Industry median: 11 715 €Q1·25Q2 2025 Company: 30 988 € Industry median: 11 635 €Q3 2025 Company: 45 763 € Industry median: 12 530 €Q3·25Q4 2025 Company: 94 998 € Industry median: 12 104 €Q1 2026 Company: 94 246 € Industry median: 11 923 €Q1·26Q2 2026 Company: 381 600 € Industry median: 13 106 €Q3 2026 Company: 42 062 € Industry median: 13 500 €Q3·26
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 419 € · industry median 1 394 € · above 51% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 287 €Q4·23Q1 2024 Company: — Industry median: 1 260 €Q2 2024 Company: — Industry median: 1 271 €Q2·24Q3 2024 Company: — Industry median: 1 373 €Q4 2024 Company: — Industry median: 1 331 €Q4·24Q1 2025 Company: — Industry median: 1 394 €Q2 2025 Company: — Industry median: 1 287 €Q2·25Q3 2025 Company: — Industry median: 1 406 €Q4 2025 Company: — Industry median: 1 442 €Q4·25Q1 2026 Company: — Industry median: 1 373 €Q2 2026 Company: 0 € Industry median: 1 289 €Q2·26Q3 2026 Company: 1 419 € Industry median: 1 394 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 331 €Q1 2025 Company: — Industry median: 1 394 €Q1·25Q2 2025 Company: — Industry median: 1 287 €Q3 2025 Company: — Industry median: 1 406 €Q3·25Q4 2025 Company: — Industry median: 1 442 €Q1 2026 Company: — Industry median: 1 373 €Q1·26Q2 2026 Company: 0 € Industry median: 1 289 €Q3 2026 Company: 1 419 € Industry median: 1 394 €Q3·26
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 8 407 € · +120.4% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: 627 €Q4·24Q1 2025 Company: 4 169 €Q2 2025 Company: 5 064 €Q2·25Q3 2025 Company: 8 470 €Q4 2025 Company: 10 224 €Q4·25Q1 2026 Company: 11 230 €Q2 2026 Company: 3 815 €Q2·26Q3 2026 Company: 8 407 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 627 €Q1 2025 Company: 4 169 €Q1·25Q2 2025 Company: 5 064 €Q3 2025 Company: 8 470 €Q3·25Q4 2025 Company: 10 224 €Q1 2026 Company: 11 230 €Q1·26Q2 2026 Company: 3 815 €Q3 2026 Company: 8 407 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 42 062 8 407 1 419 1
Q2 2026 381 600 3 815 — 1
Q1 2026 94 246 11 230 — —
Q4 2025 94 998 10 224 — —
Q3 2025 45 763 8 470 — —
Q2 2025 30 988 5 064 — —
Q1 2025 27 003 4 169 — —
Q4 2024 6 346 627 — —
Q3 2024 — — — —
Q2 2024 — — — —
Q1 2024 — — — —
Q4 2023 — — — —
Q3 2023 — — — —
Q2 2023 — — — —
Q1 2023 — — — —
Q4 2022 — — — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — — — —
Labour taxes per employee per month
473 €
Turnover per employee in the quarter
42 062 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 124 197 € · +703.3% vs 2024 · industry median 13 580 € · above 82% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0 € Industry median: 19 285 €20192020 Company: 0 € Industry median: 16 271 €20202021 Company: 0 € Industry median: 17 097 €20212022 Company: 0 € Industry median: 17 636 €20222023 Company: 0 € Industry median: 16 412 €20232024 Company: 15 461 € Industry median: 14 823 €20242025 Company: 124 197 € Industry median: 13 580 €202502550751001252018 Company: — Industry median: —2019 Company: 0 € Industry median: 19 285 €20192020 Company: 0 € Industry median: 16 271 €2021 Company: 0 € Industry median: 17 097 €20212022 Company: 0 € Industry median: 17 636 €2023 Company: 0 € Industry median: 16 412 €20232024 Company: 15 461 € Industry median: 14 823 €2025 Company: 124 197 € Industry median: 13 580 €2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 6 962 € · +140.0% vs 2024 · industry median 102 € · above 71% of the industry
-20 000-15 000-10 000-5 00005 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -12 € Industry median: 850 €20192020 Company: -12 € Industry median: 435 €20202021 Company: -12 € Industry median: 667 €20212022 Company: -12 € Industry median: 440 €20222023 Company: -12 € Industry median: 418 €20232024 Company: -17 388 € Industry median: 116 €20242025 Company: 6 962 € Industry median: 102 €2025-20 000-15 000-10 000-5 00005 00010 0002018 Company: — Industry median: —2019 Company: -12 € Industry median: 850 €20192020 Company: -12 € Industry median: 435 €2021 Company: -12 € Industry median: 667 €20212022 Company: -12 € Industry median: 440 €2023 Company: -12 € Industry median: 418 €20232024 Company: -17 388 € Industry median: 116 €2025 Company: 6 962 € Industry median: 102 €2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.6 % · +118.1 pp vs the year before · industry median 8.9 % · above 46% of the industry
-150-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 11.3 %20192020 Company: — Industry median: 11.7 %20202021 Company: — Industry median: 13.4 %20212022 Company: — Industry median: 12.3 %20222023 Company: — Industry median: 11.1 %20232024 Company: -112.5 % Industry median: 9.0 %20242025 Company: 5.6 % Industry median: 8.9 %2025-150-100-500502018 Company: — Industry median: —2019 Company: — Industry median: 11.3 %20192020 Company: — Industry median: 11.7 %2021 Company: — Industry median: 13.4 %20212022 Company: — Industry median: 12.3 %2023 Company: — Industry median: 11.1 %20232024 Company: -112.5 % Industry median: 9.0 %2025 Company: 5.6 % Industry median: 8.9 %2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 843 210 € · −2.4% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 18 629 €20192020 Company: 18 617 €20202021 Company: 18 606 €20212022 Company: 18 594 €20222023 Company: 18 582 €20232024 Company: 863 591 €20242025 Company: 843 210 €202502004006008001 0002018 Company: —2019 Company: 18 629 €20192020 Company: 18 617 €2021 Company: 18 606 €20212022 Company: 18 594 €2023 Company: 18 582 €20232024 Company: 863 591 €2025 Company: 843 210 €2025
Equity, € thousand 2025: 750 780 € · +0.9% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 18 629 €20192020 Company: 18 617 €20202021 Company: 18 606 €20212022 Company: 18 594 €20222023 Company: 18 582 €20232024 Company: 743 818 €20242025 Company: 750 780 €202502004006008002018 Company: —2019 Company: 18 629 €20192020 Company: 18 617 €2021 Company: 18 606 €20212022 Company: 18 594 €2023 Company: 18 582 €20232024 Company: 743 818 €2025 Company: 750 780 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Rental and leasing activities (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 124 197 6 962 0 843 210 750 780 0
2024 15 461 -17 388 0 863 591 743 818 0
2023 0 -12 0 18 582 18 582 0
2022 0 -12 0 18 594 18 594 0
2021 0 -12 0 18 606 18 606 0
2020 0 -12 0 18 617 18 617 0
2019 0 -12 0 18 629 18 629 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 1
2011 — — — — — 2
2010 — — — — — 2
2009 — — — — — 2
2008 — — — — — 2
2007 — — — — — 3
2006 — — — — — 4
2005 — — — — — 4
2004 — — — — — 3

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
5.6 %
Net profit / revenue
Return on equity (ROE)
0.9 %
Net profit / equity
Return on assets (ROA)
0.8 %
Net profit / assets
Equity ratio
89.0 %
Equity / assets
Debt ratio
11.0 %
Liabilities / assets
Current ratio
2.02
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 1 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 6 Jul 2020 Company’s own e-Äriregister

Board

  • Ivar Bank
    Board member · since 12 Mar 2004

Right of representation

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

Owners

Beneficial owners

  • Ivar Bank
    Direct ownership · since 27 Sep 2018

Founders and other persons

  • Osaühing WASP PROJECT
    Founder · 40 000 € · 12 Feb 2004
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons) Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 30019152 / 10
18 Nov 2024
Amendment entry In force
18 Nov 2024
PDF
Ä 30019152 / 9
14 Aug 2024
Third (informative) division entry In force
14 Aug 2024
PDF
Ä 30019152 / 8
14 Aug 2024
First (declaratory) division entry In force
14 Aug 2024
PDF
Ä 30019152 / M2
23 Jul 2024
Ruling to eliminate deficiencies 8 Aug 2024 Deficiencies eliminated
7 Aug 2024
PDF
Ä 30019152 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 30019152 / 6
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30019152 / 5
23 Dec 2017
Amendment entry In force
23 Dec 2017
PDF
Ä 30019152 / 4
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 30019152 / 3
3 Jun 2014
Entry refused: deficiencies not eliminated In force
26 Jul 2014
PDF
Ä 30019152 / M1
19 Jan 2012
Ruling to eliminate deficiencies In force
19 Jan 2012
PDF
Ä 19152 / 2
3 Dec 2008
Deletion of activities from the registry card In force
3 Dec 2008
PDF
Ä 77764 / 3
18 Mar 2004
Note on closing the registry card in the former department In force PDF
Ä 19152
12 Mar 2004
Registry card opened in the department of the new seat In force PDF
Ä 77764 / 2
3 Mar 2004
Amendment entry In force PDF
Ä 77764
11 Feb 2004
First entry In force PDF

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