Borealis Eesti OÜ
Active Registry code 11100242
OÜ Tallinn Registered 1 Feb 2005
Borealis Eesti OÜ is a OÜ based in Tallinn, registry code 11100242, status: active. Main activity: Other personal service activities n.e.c.. According to EMTA, turnover for Q3 2026 was €384 114 with 11 employees.
Turnover
384 114 €
↑ 15.5% vs Q2 2026
State taxes
58 763 €
↓ 3.8% vs Q2 2026
Labour taxes
27 250 €
↑ 4.5% vs Q2 2026
Employees
11
+2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 384 114 €above 98% of companiesindustry median 10 820 € · companies in the industry: 1 571
- Labour taxes per employee 2 477 €above 98% of companiesindustry median 969 € · companies in the industry: 3 989
- Revenue · 2025 1.3 mn €above 98% of companiesindustry median 8 249 € · companies in the industry: 9 950
- Net profit margin · 2025 8.0 %above 71% of companiesindustry median 1.5 % · companies in the industry: 7 333
Taxes and turnover
- Company
- Industry median
Industry: Personal service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Personal 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 | 384 114 | 58 763 | 27 250 | 11 |
| Q2 2026 | 332 686 | 61 095 | 26 074 | 9 |
| Q1 2026 | 359 227 | 79 511 | 30 171 | 10 |
| Q4 2025 | 365 218 | 76 216 | 27 111 | 10 |
| Q3 2025 | 300 192 | 69 014 | 36 416 | 9 |
| Q2 2025 | 425 439 | 81 054 | 32 939 | 10 |
| Q1 2025 | 357 038 | 77 324 | 30 591 | 11 |
| Q4 2024 | 402 532 | 64 730 | 30 339 | 11 |
| Q3 2024 | 418 322 | 67 699 | 29 593 | 11 |
| Q2 2024 | 442 632 | 80 837 | 33 921 | 11 |
| Q1 2024 | 399 290 | 65 281 | 28 691 | 12 |
| Q4 2023 | 483 132 | 70 971 | 25 233 | 12 |
| Q3 2023 | 418 767 | 78 144 | 29 900 | 12 |
| Q2 2023 | 433 166 | 69 515 | 25 096 | 13 |
| Q1 2023 | 420 718 | 77 252 | 22 386 | 13 |
| Q4 2022 | 391 074 | 68 774 | 20 430 | 12 |
| Q3 2022 | 288 290 | 29 461 | 25 261 | 10 |
| Q2 2022 | 343 104 | 41 140 | 24 739 | 14 |
| Q1 2022 | 321 406 | 47 197 | 20 634 | 16 |
Labour taxes per employee per month
826 €
Turnover per employee in the quarter
34 919 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Personal service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Personal service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Personal service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Personal 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 | 1 280 100 | 102 289 | 310 063 | 1 230 549 | 1 066 141 | 10 |
| 2024 | 1 342 026 | 90 667 | 320 835 | 1 171 581 | 990 852 | 11 |
| 2023 | 1 526 676 | 169 277 | 278 320 | 1 319 194 | 930 535 | 12 |
| 2022 | 1 128 189 | 140 830 | 244 528 | 1 115 965 | 770 258 | 12 |
| 2021 | 1 121 088 | 201 147 | 216 901 | 886 861 | 634 199 | 14 |
| 2020 | 798 812 | 105 911 | 167 811 | 658 530 | 462 052 | 9 |
| 2019 | 705 516 | 41 305 | 112 167 | 601 402 | 356 141 | 7 |
| 2018 | — | — | — | — | — | 5 |
| 2017 | — | — | — | — | — | 5 |
| 2016 | — | — | — | — | — | 4 |
| 2015 | — | — | — | — | — | 3 |
| 2014 | — | — | — | — | — | 4 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 1 |
| 2010 | — | — | — | — | — | 0 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 0 |
| 2007 | — | — | — | — | — | 0 |
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
8.0 %
Net profit / revenue
Return on equity (ROE)
9.6 %
Net profit / equity
Return on assets (ROA)
8.3 %
Net profit / assets
Equity ratio
86.6 %
Equity / assets
Debt ratio
13.4 %
Liabilities / assets
Current ratio
5.34
Current assets / current liabilities
Revenue per employee
128 010 €
Revenue / average full-time employees
Labour cost per employee per month
2 584 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 2 Jul 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 31 Mar 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 22 May 2025 | 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 | 30 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 9 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 25 000 € | AS SEB Pank | 9 Apr 2024 – in force |
| 3 | 95 000 € | AS SEB Pank | 18 May 2022 – in force |
| 2 | 15 000 € | AS SEB Pank | 11 Nov 2020 – in force |
| 1 | 65 000 € | AS SEB Pank | 25 Nov 2019 – in force |
Board
- Lauri RannamaBoard member · since 29 Jan 2008
- Peeter KümmelBoard member · since 29 Jan 2008
- Timo SimonlatserBoard member · since 29 Jan 2008
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- OÜ Borealis HoldingLegal person · 16342116 · 10 224 €
Owner in
- 88.50%
Beneficial owners
- Lauri RannamaDirect ownership · since 20 Oct 2018
- Peeter KümmelDirect ownership · since 20 Oct 2018
- Timo SimonlatserDirect ownership · since 20 Oct 2018
Founders and other persons
- Osaühing WASP PROJECTFounder · 40 000 € · 1 Feb 2005
Related companies
Activities (EMTAK)
- 96999Other personal service activities n.e.c. Main
- 46471Wholesale of household, office and shop furniture, carpets and lighting equipment
- 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.
- 93291Amusement and recreation activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 20040526 / 19 9 Apr 2024 |
Commercial pledge entered | In force 9 Apr 2024 |
||
| K 20040526 / M4 8 Apr 2024 |
Ruling to eliminate deficiencies | 24 Apr 2024 | Deficiencies eliminated 9 Apr 2024 |
|
| Ä 20040526 / 18 5 Mar 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 5 Mar 2024 |
||
| Ä 20040526 / 17 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| K 20040526 / 16 18 May 2022 |
Commercial pledge entered | In force 18 May 2022 |
||
| Ä 20040526 / 15 14 Oct 2021 |
Amendment entry | In force 14 Oct 2021 |
||
| Ä 20040526 / 14 14 Oct 2021 |
Division entry (second, constitutive) | In force 14 Oct 2021 |
||
| Ä 20040526 / M3 7 Oct 2021 |
Ruling to eliminate deficiencies | 21 Oct 2021 | Deficiencies eliminated 13 Oct 2021 |
|
| Ä 20040526 / M2 30 Sep 2021 |
Ruling to eliminate deficiencies | 7 Oct 2021 | Deficiencies eliminated 1 Oct 2021 |
|
| K 20040526 / 13 11 Nov 2020 |
Commercial pledge entered | In force 11 Nov 2020 |
||
| K 20040526 / M1 25 Nov 2019 |
Ruling to eliminate deficiencies | 25 Dec 2019 | Deficiencies eliminated 25 Nov 2019 |
|
| K 20040526 / 12 25 Nov 2019 |
Commercial pledge entered | In force 25 Nov 2019 |
||
| Ä 20040526 / 11 2 Sep 2019 |
Amendment entry | In force 2 Sep 2019 |
||
| Ä 20040526 / 10 14 May 2019 |
Amendment entry | In force 14 May 2019 |
||
| Ä 20040526 / 9 1 Feb 2019 |
Amendment entry | In force 1 Feb 2019 |
||
| Ä 20040526 / 8 30 Jun 2018 |
Amendment entry | In force 30 Jun 2018 |
||
| Ä 20040526 / 7 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20040526 / 6 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 20040526 / 5 26 May 2016 |
Amendment entry | In force 26 May 2016 |
||
| Ä 20040526 / 4 16 Jan 2014 |
Amendment under Commercial Code § 525 (2) | In force 16 Jan 2014 |
||
| Ä 20040526 / 3 9 Jul 2013 |
Amendment entry | In force 9 Jul 2013 |
||
| Ä 40526 / 2 3 Dec 2008 |
Deletion of activities from the registry card | In force 9 Dec 2008 |
||
| Ä 34796 / 3 31 Jan 2008 |
Registry card closed after a change of district | In force 31 Jan 2008 |
||
| Ä 40526 29 Jan 2008 |
Registry card opened in the department of the new seat | In force 29 Jan 2008 |
||
| Ä 34796 / 2 25 Jan 2008 |
Amendment entry | In force 25 Jan 2008 |
||
| Ä 85972 / 4 21 Jan 2008 |
Registry card closed after a change of district | In force 21 Jan 2008 |
||
| Ä 34796 14 Jan 2008 |
Registry card opened in the department of the new seat | In force 14 Jan 2008 |
||
| Ä 85972 / 3 7 Jan 2008 |
Note | In force 7 Jan 2008 |
||
| Ä 85972 / M1 2 Nov 2006 |
Warning of a fine: annual report not filed | Deficiencies eliminated 2 Nov 2006 |
||
| Ä 85972 / 2 2 Mar 2005 |
Amendment entry | In force | ||
| Ä 85972 1 Feb 2005 |
First entry | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data