Solhjell Baltic OÜ

Active Registry code 11182671 OÜ Tallinn Registered 2 Nov 2005
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Solhjell Baltic OÜ is a OÜ based in Tallinn, registry code 11182671, status: active. Main activity: Manufacture of other wearing apparel and accessories n.e.c.. According to EMTA, turnover for Q3 2026 was €211 831 with 49 employees.

Turnover
211 831 €
↓ 70.5% vs Q2 2026
State taxes
76 602 €
↓ 4.0% vs Q2 2026
Labour taxes
74 956 €
↓ 0.2% vs Q2 2026
Employees
49
±0 vs Q2 2026

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

Position in the industry Manufacture of wearing apparel · EMTAK 14

  • Turnover · Q3 2026 211 831 €
    industry median 14 653 € · companies in the industry: 290
  • Labour taxes per employee 1 530 €
    industry median 1 059 € · companies in the industry: 312
  • Revenue · 2025 1.4 mn €
    industry median 6 431 € · companies in the industry: 830
  • Net profit margin · 2025 -8.8 %
    industry median 2.5 % · companies in the industry: 577

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 211 831 € · −70.5% vs Q2 2026 · industry median 14 653 € · above 89% of the industry
0200400600800Q4 2023 Company: 449 416 € Industry median: 20 656 €Q4·23Q1 2024 Company: 473 536 € Industry median: 17 399 €Q2 2024 Company: 611 632 € Industry median: 18 114 €Q2·24Q3 2024 Company: 158 385 € Industry median: 19 632 €Q4 2024 Company: 349 783 € Industry median: 18 919 €Q4·24Q1 2025 Company: 447 104 € Industry median: 18 079 €Q2 2025 Company: 603 192 € Industry median: 17 692 €Q2·25Q3 2025 Company: 126 702 € Industry median: 17 208 €Q4 2025 Company: 368 109 € Industry median: 17 744 €Q4·25Q1 2026 Company: 435 164 € Industry median: 16 230 €Q2 2026 Company: 718 572 € Industry median: 16 749 €Q2·26Q3 2026 Company: 211 831 € Industry median: 14 653 €Q3·260200400600800Q4 2024 Company: 349 783 € Industry median: 18 919 €Q1 2025 Company: 447 104 € Industry median: 18 079 €Q1·25Q2 2025 Company: 603 192 € Industry median: 17 692 €Q3 2025 Company: 126 702 € Industry median: 17 208 €Q3·25Q4 2025 Company: 368 109 € Industry median: 17 744 €Q1 2026 Company: 435 164 € Industry median: 16 230 €Q1·26Q2 2026 Company: 718 572 € Industry median: 16 749 €Q3 2026 Company: 211 831 € Industry median: 14 653 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 530 € · −0.2% vs Q2 2026 · industry median 1 059 € · above 75% of the industry
05001 0001 5002 000Q4 2023 Company: 1 326 € Industry median: 806 €Q4·23Q1 2024 Company: 1 465 € Industry median: 858 €Q2 2024 Company: 1 492 € Industry median: 919 €Q2·24Q3 2024 Company: 1 565 € Industry median: 906 €Q4 2024 Company: 1 478 € Industry median: 963 €Q4·24Q1 2025 Company: 1 498 € Industry median: 999 €Q2 2025 Company: 1 454 € Industry median: 973 €Q2·25Q3 2025 Company: 1 646 € Industry median: 1 076 €Q4 2025 Company: 1 446 € Industry median: 1 042 €Q4·25Q1 2026 Company: 1 374 € Industry median: 1 034 €Q2 2026 Company: 1 533 € Industry median: 1 058 €Q2·26Q3 2026 Company: 1 530 € Industry median: 1 059 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 478 € Industry median: 963 €Q1 2025 Company: 1 498 € Industry median: 999 €Q1·25Q2 2025 Company: 1 454 € Industry median: 973 €Q3 2025 Company: 1 646 € Industry median: 1 076 €Q3·25Q4 2025 Company: 1 446 € Industry median: 1 042 €Q1 2026 Company: 1 374 € Industry median: 1 034 €Q1·26Q2 2026 Company: 1 533 € Industry median: 1 058 €Q3 2026 Company: 1 530 € Industry median: 1 059 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 49 · +0.0% vs Q2 2026
0204060Q4 2023 Company: 58Q4·23Q1 2024 Company: 57Q2 2024 Company: 50Q2·24Q3 2024 Company: 50Q4 2024 Company: 47Q4·24Q1 2025 Company: 48Q2 2025 Company: 48Q2·25Q3 2025 Company: 48Q4 2025 Company: 47Q4·25Q1 2026 Company: 49Q2 2026 Company: 49Q2·26Q3 2026 Company: 49Q3·2601020304050Q4 2024 Company: 47Q1 2025 Company: 48Q1·25Q2 2025 Company: 48Q3 2025 Company: 48Q3·25Q4 2025 Company: 47Q1 2026 Company: 49Q1·26Q2 2026 Company: 49Q3 2026 Company: 49Q3·26
State taxes, € Q3 2026: 76 602 € · −4.0% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 91 874 €Q4·23Q1 2024 Company: 98 182 €Q2 2024 Company: 77 518 €Q2·24Q3 2024 Company: 76 630 €Q4 2024 Company: 81 999 €Q4·24Q1 2025 Company: 89 155 €Q2 2025 Company: 75 081 €Q2·25Q3 2025 Company: 76 989 €Q4 2025 Company: 71 560 €Q4·25Q1 2026 Company: 76 645 €Q2 2026 Company: 79 812 €Q2·26Q3 2026 Company: 76 602 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 81 999 €Q1 2025 Company: 89 155 €Q1·25Q2 2025 Company: 75 081 €Q3 2025 Company: 76 989 €Q3·25Q4 2025 Company: 71 560 €Q1 2026 Company: 76 645 €Q1·26Q2 2026 Company: 79 812 €Q3 2026 Company: 76 602 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 211 831 76 602 74 956 49
Q2 2026 718 572 79 812 75 137 49
Q1 2026 435 164 76 645 67 317 49
Q4 2025 368 109 71 560 67 973 47
Q3 2025 126 702 76 989 78 987 48
Q2 2025 603 192 75 081 69 772 48
Q1 2025 447 104 89 155 71 907 48
Q4 2024 349 783 81 999 69 481 47
Q3 2024 158 385 76 630 78 257 50
Q2 2024 611 632 77 518 74 577 50
Q1 2024 473 536 98 182 83 490 57
Q4 2023 449 416 91 874 76 935 58
Q3 2023 245 966 84 238 76 147 58
Q2 2023 778 685 88 656 78 941 58
Q1 2023 581 404 112 901 83 079 58
Q4 2022 669 886 80 005 67 979 60
Q3 2022 339 479 89 123 77 262 58
Q2 2022 877 015 98 533 75 358 57
Q1 2022 581 049 99 439 61 888 56
Labour taxes per employee per month
510 €
Turnover per employee in the quarter
4 323 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 381 305 € · −7.4% vs 2024 · industry median 6 431 € · above 98% of the industry
05001 0001 5002 0002 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 756 088 € Industry median: 9 064 €20192020 Company: 1 734 765 € Industry median: 7 226 €20202021 Company: 1 717 599 € Industry median: 6 938 €20212022 Company: 2 137 275 € Industry median: 7 238 €20222023 Company: 1 701 666 € Industry median: 6 372 €20232024 Company: 1 491 434 € Industry median: 5 941 €20242025 Company: 1 381 305 € Industry median: 6 431 €202505001 0001 5002 0002 5002018 Company: — Industry median: —2019 Company: 1 756 088 € Industry median: 9 064 €20192020 Company: 1 734 765 € Industry median: 7 226 €2021 Company: 1 717 599 € Industry median: 6 938 €20212022 Company: 2 137 275 € Industry median: 7 238 €2023 Company: 1 701 666 € Industry median: 6 372 €20232024 Company: 1 491 434 € Industry median: 5 941 €2025 Company: 1 381 305 € Industry median: 6 431 €2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -121 803 € · +22.9% vs 2024 · industry median 2 € · above 2% of the industry
-200-10001002003004002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 62 860 € Industry median: 118 €20192020 Company: 114 513 € Industry median: 44 €20202021 Company: 190 276 € Industry median: 45 €20212022 Company: 307 763 € Industry median: 37 €20222023 Company: 65 798 € Industry median: 10 €20232024 Company: -157 884 € Industry median: 0 €20242025 Company: -121 803 € Industry median: 2 €2025-200-10001002003004002018 Company: — Industry median: —2019 Company: 62 860 € Industry median: 118 €20192020 Company: 114 513 € Industry median: 44 €2021 Company: 190 276 € Industry median: 45 €20212022 Company: 307 763 € Industry median: 37 €2023 Company: 65 798 € Industry median: 10 €20232024 Company: -157 884 € Industry median: 0 €2025 Company: -121 803 € Industry median: 2 €2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -8.8 % · +1.8 pp vs the year before · industry median 2.5 % · above 20% of the industry
-15-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.6 % Industry median: 3.2 %20192020 Company: 6.6 % Industry median: 3.1 %20202021 Company: 11.1 % Industry median: 3.2 %20212022 Company: 14.4 % Industry median: 3.4 %20222023 Company: 3.9 % Industry median: 2.2 %20232024 Company: -10.6 % Industry median: 1.6 %20242025 Company: -8.8 % Industry median: 2.5 %2025-15-10-50510152018 Company: — Industry median: —2019 Company: 3.6 % Industry median: 3.2 %20192020 Company: 6.6 % Industry median: 3.1 %2021 Company: 11.1 % Industry median: 3.2 %20212022 Company: 14.4 % Industry median: 3.4 %2023 Company: 3.9 % Industry median: 2.2 %20232024 Company: -10.6 % Industry median: 1.6 %2025 Company: -8.8 % Industry median: 2.5 %2025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 387 645 € · −14.7% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 507 500 €20192020 Company: 1 469 593 €20202021 Company: 1 707 948 €20212022 Company: 1 946 396 €20222023 Company: 1 897 098 €20232024 Company: 1 626 530 €20242025 Company: 1 387 645 €202505001 0001 5002 0002018 Company: —2019 Company: 1 507 500 €20192020 Company: 1 469 593 €2021 Company: 1 707 948 €20212022 Company: 1 946 396 €2023 Company: 1 897 098 €20232024 Company: 1 626 530 €2025 Company: 1 387 645 €2025
Equity, € thousand 2025: 924 781 € · −11.6% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 526 118 €20192020 Company: 640 631 €20202021 Company: 830 907 €20212022 Company: 1 138 670 €20222023 Company: 1 204 468 €20232024 Company: 1 046 584 €20242025 Company: 924 781 €202502505007501 0001 2502018 Company: —2019 Company: 526 118 €20192020 Company: 640 631 €2021 Company: 830 907 €20212022 Company: 1 138 670 €2023 Company: 1 204 468 €20232024 Company: 1 046 584 €2025 Company: 924 781 €2025
Employees 2025: 32 · −13.5% vs 2024 · industry median 1 · above 93% of the industry
010203040502016 Company: 37 Industry median: —20162017 Company: 38 Industry median: —20172018 Company: 42 Industry median: 220182019 Company: 43 Industry median: 220192020 Company: 42 Industry median: 120202021 Company: 35 Industry median: 120212022 Company: 37 Industry median: 120222023 Company: 38 Industry median: 120232024 Company: 37 Industry median: 120242025 Company: 32 Industry median: 12025010203040502018 Company: 42 Industry median: 22019 Company: 43 Industry median: 220192020 Company: 42 Industry median: 12021 Company: 35 Industry median: 120212022 Company: 37 Industry median: 12023 Company: 38 Industry median: 120232024 Company: 37 Industry median: 12025 Company: 32 Industry median: 12025
  • Company
  • Industry median

Industry: Manufacture of wearing apparel (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 1 381 305 -121 803 752 423 1 387 645 924 781 32
2024 1 491 434 -157 884 814 058 1 626 530 1 046 584 37
2023 1 701 666 65 798 878 785 1 897 098 1 204 468 38
2022 2 137 275 307 763 802 229 1 946 396 1 138 670 37
2021 1 717 599 190 276 668 180 1 707 948 830 907 35
2020 1 734 765 114 513 719 973 1 469 593 640 631 42
2019 1 756 088 62 860 702 323 1 507 500 526 118 43
2018 — — — — — 42
2017 — — — — — 38
2016 — — — — — 37
2015 — — — — — 34
2014 — — — — — 32
2013 — — — — — 32
2012 — — — — — 23
2011 — — — — — 21
2010 — — — — — 23
2009 — — — — — 23
2008 — — — — — 40
2007 — — — — — 33
2006 — — — — — 27

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
-8.8 %
Net profit / revenue
Return on equity (ROE)
-13.2 %
Net profit / equity
Return on assets (ROA)
-8.8 %
Net profit / assets
Equity ratio
66.6 %
Equity / assets
Debt ratio
33.4 %
Liabilities / assets
Current ratio
5.44
Current assets / current liabilities
Revenue per employee
43 166 €
Revenue / average full-time employees
Labour cost per employee per month
1 959 €
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 1 Jun 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 15 May 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 13 Feb 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Apr 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Feb 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 23 Feb 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 2 Mar 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

  • SOLHJELL AS
    Legal person · 88 902 €

Beneficial owners

  • Hilde Øya
    Member of a senior management body (management or supervisory board) · NOR · since 28 Aug 2024

Founders and other persons

  • OÜ Advokaadibüroo Luiga Mody Hääl Borenius
    Founder · 40 000 € · 2 Nov 2005
  • TPMM Nordic OÜ
    Audit firm · 26 Aug 2009
  • Ilmar Tälli
    Audit firm · 26 Apr 2010
  • Veiko Hintsov
    Auditor who valued a non-monetary contribution · 14 Dec 2007

Activities (EMTAK)

  • 14299Manufacture of other wearing apparel and accessories n.e.c. Main
Rulings
Number, date Title Deadline State Document
Ä 10093049 / 24
30 Sep 2026
Amendment entry In force
30 Sep 2026
PDF
Ä 10093049 / 23
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10093049 / 22
2 Mar 2020
Amendment entry In force
2 Mar 2020
PDF
Ä 10093049 / 21
27 Feb 2020
Amendment entry In force
27 Feb 2020
PDF
Ä 10093049 / 20
10 Sep 2019
Amendment entry In force
10 Sep 2019
PDF
Ä 10093049 / 19
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10093049 / 18
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10093049 / 17
10 Jul 2017
Amendment entry In force
10 Jul 2017
PDF
Ä 10093049 / 16
15 Sep 2016
Amendment entry In force
15 Sep 2016
PDF
Ä 10093049 / 15
13 Jun 2016
Amendment entry In force
13 Jun 2016
PDF
K 10093049 / 14
8 Mar 2016
Commercial pledge deleted In force
8 Mar 2016
PDF
Ä 10093049 / 13
1 Dec 2015
Amendment entry In force
1 Dec 2015
PDF
Ä 10093049 / 12
25 Feb 2015
Amendment entry In force
25 Feb 2015
PDF
Ä 10093049 / 11
4 Oct 2012
Amendment entry In force
4 Oct 2012
PDF
Ä 10093049 / M1
24 Sep 2012
Ruling to eliminate deficiencies 29 Oct 2012 In force
24 Sep 2012
PDF
Ä 10093049 / 10
26 Aug 2011
Amendment entry In force
26 Aug 2011
PDF
Ä 10093049 / 9
30 Nov 2010
Amendment entry In force
30 Nov 2010
PDF
Ä 10093049 / 8
23 Mar 2010
Amendment entry In force
23 Mar 2010
PDF
K 40027553
5 Mar 2010
Commercial pledge entered In force
5 Mar 2010
PDF
K 40027553 / M1
3 Mar 2010
Ruling to eliminate deficiencies 18 Mar 2010 Deficiencies eliminated
4 Mar 2010
PDF
Ä 93049 / 7
28 Aug 2009
Amendment entry In force
28 Aug 2009
PDF
Ä 93049 / 6
3 Dec 2008
Deletion of activities from the registry card In force
4 Dec 2008
PDF
Ä 93049 / 5
28 Dec 2007
Amendment entry In force
28 Dec 2007
PDF
Ä 93049 / 4
29 Jan 2007
Amendment entry In force
30 Jan 2007
PDF
Ä 93049 / 3
15 Sep 2006
Amendment entry In force
15 Sep 2006
PDF
Ä 93049 / 2
23 Nov 2005
Amendment entry In force PDF
Ä 93049
2 Nov 2005
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