OÜ Balticovo Eesti
Active Registry code 11024498
OÜ Tõhela küla Registered 1 Apr 2004
OÜ Balticovo Eesti is a OÜ based in Tõhela küla, registry code 11024498, status: active. Main activity: Growing of cereals, other than rice, leguminous crops and oil seeds. According to EMTA, turnover for Q3 2026 was €267 481 with 5 employees.
Turnover
267 481 €
↑ 403.7% vs Q2 2026
State taxes
13 404 €
↓ 18.4% vs Q2 2026
Labour taxes
14 227 €
↓ 18.0% vs Q2 2026
Employees
5
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 267 481 €above 91% of companiesindustry median 15 366 € · companies in the industry: 3 793
- Labour taxes per employee 2 845 €above 83% of companiesindustry median 1 296 € · companies in the industry: 1 998
- Revenue · 2025 741 656 €above 94% of companiesindustry median 10 955 € · companies in the industry: 5 062
- Net profit margin · 2025 -2.0 %above 30% of companiesindustry median 10.0 % · companies in the industry: 3 757
Taxes and turnover
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (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 | 267 481 | 13 404 | 14 227 | 5 |
| Q2 2026 | 53 104 | 16 425 | 17 355 | 4 |
| Q1 2026 | 213 501 | 18 152 | 19 478 | 4 |
| Q4 2025 | 292 289 | 16 562 | 18 118 | 5 |
| Q3 2025 | 305 277 | 17 985 | 19 372 | 5 |
| Q2 2025 | 302 677 | 16 090 | 17 622 | 5 |
| Q1 2025 | 286 869 | 16 494 | 17 808 | 5 |
| Q4 2024 | 44 431 | 1 324 | 1 312 | 5 |
| Q3 2024 | — | — | — | — |
| Q2 2024 | 2 120 | 2 250 | 1 836 | — |
| Q1 2024 | 6 083 | 2 222 | 1 169 | 1 |
| Q4 2023 | 60 900 | 1 202 | 2 068 | 1 |
| Q3 2023 | 5 168 | 2 731 | 1 974 | 1 |
| Q2 2023 | 5 282 | 2 542 | 1 708 | 1 |
| Q1 2023 | 4 855 | — | 1 126 | 1 |
| Q4 2022 | 117 528 | 16 825 | 3 332 | 1 |
| Q3 2022 | 6 491 | 2 657 | 1 634 | 1 |
| Q2 2022 | 5 776 | 3 332 | 2 442 | 1 |
| Q1 2022 | 4 757 | 2 261 | 1 717 | 1 |
Labour taxes per employee per month
948 €
Turnover per employee in the quarter
53 496 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Crop and animal production, hunting and related service activities (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 | 741 656 | -14 910 | 0 | 1 097 782 | 993 421 | 5 |
| 2024 | 105 798 | 190 889 | 37 510 | 1 184 870 | 1 003 331 | 5 |
| 2023 | 76 119 | 13 550 | 16 599 | 1 130 777 | 712 441 | 1 |
| 2022 | 134 380 | 101 129 | 24 545 | 1 145 805 | 698 890 | 1 |
| 2021 | 40 092 | 104 160 | 17 437 | 1 142 963 | 597 761 | 1 |
| 2020 | 412 762 | 162 217 | 20 550 | 1 554 471 | 493 601 | 1 |
| 2019 | 196 723 | 317 | 22 287 | 1 846 208 | 331 384 | 1 |
| 2018 | — | — | — | — | — | 2 |
| 2017 | — | — | — | — | — | 13 |
| 2016 | — | — | — | — | — | 16 |
| 2015 | — | — | — | — | — | 16 |
| 2014 | — | — | — | — | — | 16 |
| 2013 | — | — | — | — | — | 18 |
| 2012 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 5 |
| 2008 | — | — | — | — | — | 5 |
| 2006 | — | — | — | — | — | 4 |
| 2005 | — | — | — | — | — | 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
-2.0 %
Net profit / revenue
Return on equity (ROE)
-1.5 %
Net profit / equity
Return on assets (ROA)
-1.4 %
Net profit / assets
Equity ratio
90.5 %
Equity / assets
Debt ratio
9.5 %
Liabilities / assets
Current ratio
1.03
Current assets / current liabilities
Revenue per employee
148 331 €
Revenue / average full-time employees
Labour cost per employee per month
0 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 11 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 27 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 15 Feb 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 2 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Apr 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 28 Sep 2020 | Company’s own | e-Äriregister |
Board
- Vladimir MkhitaryanBoard member · since 13 Mar 2025
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- AS BalticovoLegal person · 115 000 €
Beneficial owners
- Mhitars MhitarjansIndirect ownership · LVA · since 1 Aug 2024
- Tatjana PoplovskaIndirect ownership · LVA · since 1 Aug 2024
- Valdis GrimzeIndirect ownership · LVA · since 1 Aug 2024
Founders and other persons
- Ühinenud Farmid ASFounder · 40 000 € · 1 Apr 2004
- Ann Närep Audiitorühing OÜAudit firm · 24 Jul 2017
Activities (EMTAK)
- 01111Growing of cereals, other than rice, leguminous crops and oil seeds Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30025913 / 28 19 Dec 2025 |
Amendment entry | In force 19 Dec 2025 |
||
| Ä 30025913 / M11 15 Dec 2025 |
Ruling to eliminate deficiencies | 16 Jan 2026 | Deficiencies eliminated 19 Dec 2025 |
|
| Ä 30025913 / 27 30 May 2025 |
Entry refused: deficiencies not eliminated | In force 18 Jun 2025 |
||
| Ä 30025913 / M10 23 Apr 2025 |
Ruling to eliminate deficiencies | 9 May 2025 | In force 10 May 2025 |
|
| Ä 30025913 / M9 4 Apr 2025 |
Ruling to eliminate deficiencies | 19 Apr 2025 | In force 22 Apr 2025 |
|
| Ä 30025913 / 26 13 Mar 2025 |
Amendment entry | In force 13 Mar 2025 |
||
| Ä 30025913 / 25 17 Dec 2024 |
Amendment entry | In force 17 Dec 2024 |
||
| Ä 30025913 / 24 20 Nov 2024 |
Amendment entry | In force 20 Nov 2024 |
||
| Ä 30025913 / 23 5 Aug 2024 |
Amendment entry | In force 5 Aug 2024 |
||
| Ä 30025913 / 22 5 Jul 2024 |
Amendment entry | In force 5 Jul 2024 |
||
| K 30025913 / 21 2 May 2024 |
Commercial pledge deleted | In force 2 May 2024 |
||
| Ä 30025913 / 20 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 30025913 / 19 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30025913 / 18 6 Dec 2017 |
Amendment entry | In force 6 Dec 2017 |
||
| Ä 30025913 / 17 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 30025913 / 16 1 Apr 2014 |
Amendment entry | In force 1 Apr 2014 |
||
| Ä 30025913 / 15 6 Dec 2013 |
Amendment entry | In force 6 Dec 2013 |
||
| Ä 30025913 / 14 15 Nov 2013 |
Amendment entry | In force 15 Nov 2013 |
||
| Ä 30025913 / 13 3 Apr 2013 |
Amendment entry | In force 3 Apr 2013 |
||
| Ä 30025913 / M8 28 Mar 2013 |
Ruling to eliminate deficiencies | 27 Apr 2013 | Deficiencies eliminated 10 Apr 2013 |
|
| Ä 30025913 / 12 6 Mar 2013 |
Entry made by the register on its own initiative | In force 6 Mar 2013 |
||
| Ä 30025913 / 11 5 Mar 2013 |
Amendment entry | In force 5 Mar 2013 |
||
| Ä 30025913 / M7 26 Feb 2013 |
Ruling to eliminate deficiencies | 28 Mar 2013 | In force 26 Feb 2013 |
|
| K 30025913 / 10 26 Feb 2013 |
Commercial pledge entered | In force 26 Feb 2013 |
||
| K 30025913 / M6 25 Feb 2013 |
Ruling to eliminate deficiencies | 27 Mar 2013 | In force 25 Feb 2013 |
|
| K 30025913 / 9 25 Feb 2013 |
Commercial pledge deleted | In force 25 Feb 2013 |
||
| Ä 30025913 / 8 1 Jun 2012 |
Amendment entry | In force 1 Jun 2012 |
||
| Ä 30025913 / M5 22 May 2012 |
Ruling to eliminate deficiencies | In force 22 May 2012 |
||
| Ä 30025913 / 7 1 Feb 2012 |
Amendment entry | In force 1 Feb 2012 |
||
| Ä 30025913 / 6 6 Jul 2011 |
Amendment entry | In force 6 Jul 2011 |
||
| Ä 30025913 / M4 15 Jun 2011 |
Ruling to eliminate deficiencies | In force 15 Jun 2011 |
||
| Ä 25913 / 5 17 Dec 2009 |
Deletion of activities from the registry card | In force 17 Dec 2009 |
||
| Ä 25913 / M3 3 Nov 2009 |
Fine for not filing the report | 19 Aug 2010 | In force 20 Jul 2010 |
|
| Ä 25913 / 4 28 Aug 2008 |
Amendment entry | In force 28 Aug 2008 |
||
| Ä 25913 / M2 26 Mar 2008 |
Ruling to be served | In force 26 Mar 2008 |
||
| Ä 25913 / M1 14 Mar 2008 |
Warning of deletion from the register: annual report not filed | 20 Sep 2008 | Deficiencies eliminated 17 Mar 2008 |
|
| Ä 25913 / 3 28 Feb 2008 |
Amendment entry | In force 28 Feb 2008 |
||
| Ä 25913 / 2 14 Nov 2006 |
Entry made by the register on its own initiative | In force 14 Nov 2006 |
||
| K 32424 3 Nov 2006 |
Commercial pledge entered | In force 3 Nov 2006 |
||
| Ä 78856 / 3 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 25913 2 Jan 2006 |
Change of registry district | Confirmed 2 Jan 2006 |
||
| Ä 78856 / 2 2 Sep 2004 |
Amendment entry | In force | ||
| Ä 78856 / M1 16 Jun 2004 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 78856 30 Mar 2004 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data