Baltmaster OÜ

Active Registry code 11199915 OÜ Tallinn Registered 19 Dec 2005
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Baltmaster OÜ is a OÜ based in Tallinn, registry code 11199915, status: active. Main activity: Other specialised construction activities n.e.c.. According to EMTA, turnover for Q3 2026 was €829 with 1 employees.

Turnover
829 €
↓ 55.8% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
1
±0 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 829 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 27 345 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 4.3 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 829 € · −55.8% vs Q2 2026 · industry median 23 017 € · above 2% of the industry
020 00040 00060 000Q4 2023 Company: 57 773 € Industry median: 23 403 €Q4·23Q1 2024 Company: 9 469 € Industry median: 16 922 €Q2 2024 Company: 1 113 € Industry median: 18 660 €Q2·24Q3 2024 Company: 2 881 € Industry median: 21 547 €Q4 2024 Company: 3 691 € Industry median: 23 300 €Q4·24Q1 2025 Company: 2 673 € Industry median: 17 914 €Q2 2025 Company: 3 125 € Industry median: 20 215 €Q2·25Q3 2025 Company: 3 067 € Industry median: 22 700 €Q4 2025 Company: 2 177 € Industry median: 23 111 €Q4·25Q1 2026 Company: 1 097 € Industry median: 17 425 €Q2 2026 Company: 1 874 € Industry median: 20 462 €Q2·26Q3 2026 Company: 829 € Industry median: 23 017 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 3 691 € Industry median: 23 300 €Q1 2025 Company: 2 673 € Industry median: 17 914 €Q1·25Q2 2025 Company: 3 125 € Industry median: 20 215 €Q3 2025 Company: 3 067 € Industry median: 22 700 €Q3·25Q4 2025 Company: 2 177 € Industry median: 23 111 €Q1 2026 Company: 1 097 € Industry median: 17 425 €Q1·26Q2 2026 Company: 1 874 € Industry median: 20 462 €Q3 2026 Company: 829 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2026: 0 € · industry median 1 197 € · above 2% of the industry
05001 0001 500Q4 2023 Company: 0 € Industry median: 1 123 €Q4·23Q1 2024 Company: 0 € Industry median: 1 105 €Q2 2024 Company: — Industry median: 1 083 €Q2·24Q3 2024 Company: 0 € Industry median: 1 141 €Q4 2024 Company: — Industry median: 1 178 €Q4·24Q1 2025 Company: 0 € Industry median: 1 177 €Q2 2025 Company: 0 € Industry median: 1 194 €Q2·25Q3 2025 Company: 0 € Industry median: 1 250 €Q4 2025 Company: 0 € Industry median: 1 270 €Q4·25Q1 2026 Company: — Industry median: 1 202 €Q2 2026 Company: 0 € Industry median: 1 197 €Q2·26Q3 2026 Company: — Industry median: 1 236 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 178 €Q1 2025 Company: 0 € Industry median: 1 177 €Q1·25Q2 2025 Company: 0 € Industry median: 1 194 €Q3 2025 Company: 0 € Industry median: 1 250 €Q3·25Q4 2025 Company: 0 € Industry median: 1 270 €Q1 2026 Company: — Industry median: 1 202 €Q1·26Q2 2026 Company: 0 € Industry median: 1 197 €Q3 2026 Company: — Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction 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: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q2 2026: 159 €
02 0004 0006 0008 00010 000Q4 2023 Company: 9 974 €Q4·23Q1 2024 Company: 1 690 €Q2 2024 Company: —Q2·24Q3 2024 Company: 33 €Q4 2024 Company: —Q4·24Q1 2025 Company: 15 €Q2 2025 Company: 340 €Q2·25Q3 2025 Company: 136 €Q4 2025 Company: 69 €Q4·25Q1 2026 Company: —Q2 2026 Company: 159 €Q2·26Q3 2026 Company: —Q3·260100200300400Q4 2024 Company: —Q1 2025 Company: 15 €Q1·25Q2 2025 Company: 340 €Q3 2025 Company: 136 €Q3·25Q4 2025 Company: 69 €Q1 2026 Company: —Q1·26Q2 2026 Company: 159 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 829 — — 1
Q2 2026 1 874 159 — 1
Q1 2026 1 097 — — 1
Q4 2025 2 177 69 — 1
Q3 2025 3 067 136 — 1
Q2 2025 3 125 340 — 1
Q1 2025 2 673 15 — 1
Q4 2024 3 691 — — 1
Q3 2024 2 881 33 — 1
Q2 2024 1 113 — — 1
Q1 2024 9 469 1 690 — 1
Q4 2023 57 773 9 974 — 1
Q3 2023 6 374 301 — 1
Q2 2023 4 233 312 — 1
Q1 2023 3 167 547 — 1
Q4 2022 7 693 1 021 263 2
Q3 2022 11 788 1 928 — 2
Q2 2022 8 873 1 239 — 2
Q1 2022 3 939 87 — 2
Turnover per employee in the quarter
829 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € 2025: 27 345 € · +4 748.4% vs 2024 · industry median 37 328 € · above 43% of the industry
020 00040 00060 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 33 663 € Industry median: 37 051 €20192020 Company: 15 654 € Industry median: 33 953 €20202021 Company: 18 152 € Industry median: 35 073 €20212022 Company: 49 338 € Industry median: 37 940 €20222023 Company: 50 982 € Industry median: 35 936 €20232024 Company: 564 € Industry median: 35 372 €20242025 Company: 27 345 € Industry median: 37 328 €2025020 00040 00060 0002018 Company: — Industry median: —2019 Company: 33 663 € Industry median: 37 051 €20192020 Company: 15 654 € Industry median: 33 953 €2021 Company: 18 152 € Industry median: 35 073 €20212022 Company: 49 338 € Industry median: 37 940 €2023 Company: 50 982 € Industry median: 35 936 €20232024 Company: 564 € Industry median: 35 372 €2025 Company: 27 345 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 1 187 € · +105.2% vs 2024 · industry median 561 € · above 54% of the industry
-40 000-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 13 921 € Industry median: 1 030 €20192020 Company: -18 199 € Industry median: 507 €20202021 Company: -39 434 € Industry median: 785 €20212022 Company: 22 247 € Industry median: 823 €20222023 Company: 20 759 € Industry median: 581 €20232024 Company: -22 728 € Industry median: 432 €20242025 Company: 1 187 € Industry median: 561 €2025-40 000-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 13 921 € Industry median: 1 030 €20192020 Company: -18 199 € Industry median: 507 €2021 Company: -39 434 € Industry median: 785 €20212022 Company: 22 247 € Industry median: 823 €2023 Company: 20 759 € Industry median: 581 €20232024 Company: -22 728 € Industry median: 432 €2025 Company: 1 187 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.3 % · industry median 3.9 % · above 51% of the industry
-300-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 41.4 % Industry median: 5.3 %20192020 Company: -116.3 % Industry median: 4.1 %20202021 Company: -217.2 % Industry median: 4.7 %20212022 Company: 45.1 % Industry median: 4.8 %20222023 Company: 40.7 % Industry median: 4.4 %20232024 Company: — Industry median: 3.4 %20242025 Company: 4.3 % Industry median: 3.9 %2025-300-200-10001002018 Company: — Industry median: —2019 Company: 41.4 % Industry median: 5.3 %20192020 Company: -116.3 % Industry median: 4.1 %2021 Company: -217.2 % Industry median: 4.7 %20212022 Company: 45.1 % Industry median: 4.8 %2023 Company: 40.7 % Industry median: 4.4 %20232024 Company: — Industry median: 3.4 %2025 Company: 4.3 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 166 062 € · +10.4% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 113 937 €20192020 Company: 121 834 €20202021 Company: 130 191 €20212022 Company: 177 789 €20222023 Company: 139 589 €20232024 Company: 150 432 €20242025 Company: 166 062 €20250501001502002018 Company: —2019 Company: 113 937 €20192020 Company: 121 834 €2021 Company: 130 191 €20212022 Company: 177 789 €2023 Company: 139 589 €20232024 Company: 150 432 €2025 Company: 166 062 €2025
Equity, € 2025: 2 792 € · +74.0% vs 2024
-20 000020 00040 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 38 960 €20192020 Company: 20 761 €20202021 Company: -18 673 €20212022 Company: 3 574 €20222023 Company: 24 333 €20232024 Company: 1 605 €20242025 Company: 2 792 €2025-20 000020 00040 0002018 Company: —2019 Company: 38 960 €20192020 Company: 20 761 €2021 Company: -18 673 €20212022 Company: 3 574 €2023 Company: 24 333 €20232024 Company: 1 605 €2025 Company: 2 792 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction 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 27 345 1 187 0 166 062 2 792 0
2024 564 -22 728 0 150 432 1 605 0
2023 50 982 20 759 0 139 589 24 333 0
2022 49 338 22 247 635 177 789 3 574 1
2021 18 152 -39 434 0 130 191 -18 673 0
2020 15 654 -18 199 0 121 834 20 761 0
2019 33 663 13 921 0 113 937 38 960 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 1
2008 — — — — — 1
2007 — — — — — 0
2006 — — — — — 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
4.3 %
Net profit / revenue
Return on equity (ROE)
42.5 %
Net profit / equity
Return on assets (ROA)
0.7 %
Net profit / assets
Equity ratio
1.7 %
Equity / assets
Debt ratio
98.3 %
Liabilities / assets
Current ratio
0.90
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 28 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jul 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 20 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 20 May 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

  • Fortel Invest OÜ
    Founder · 40 000 € · 19 Dec 2005
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 4399Other specialised construction activities n.e.c. Main

Rulings 15

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10094411 / M2
8 Jul 2024
 Warning of a fine: annual report not filed 7 Aug 2024 Deficiencies eliminated
19 Jul 2024
 PDF
Ä 10094411 / 13
1 Sep 2023
 Amendment entry In force
1 Sep 2023
 PDF
Ä 10094411 / 12
17 Jan 2018
 Amendment entry In force
17 Jan 2018
 PDF
Ä 10094411 / 11
29 Nov 2017
 Amendment entry In force
29 Nov 2017
 PDF
Ä 10094411 / 10
14 Sep 2016
 Amendment entry In force
14 Sep 2016
 PDF
Ä 10094411 / 9
8 Jun 2011
 Amendment entry In force
8 Jun 2011
 PDF
Ä 10094411 / M1
11 May 2011
 Ruling to eliminate deficiencies 30 May 2011 In force
11 May 2011
 PDF
Ä 10094411 / 8
5 May 2011
 Entry refused: deficiencies not eliminated In force
5 May 2011
 PDF
Ä 10094411 / 7
1 Jun 2010
 Deletion of activities from the registry card In force
1 Jun 2010
 PDF
Ä 94411 / 6
1 Oct 2009
 Amendment entry In force
1 Oct 2009
 PDF
Ä 94411 / 5
8 Apr 2008
 Amendment entry In force
8 Apr 2008
 PDF
Ä 94411 / 4
27 Jun 2007
 Amendment entry In force
27 Jun 2007
 PDF
Ä 94411 / 3
9 May 2007
 Amendment entry In force
9 May 2007
 PDF
Ä 94411 / 2
23 Jan 2006
 Amendment entry In force
23 Jan 2006
 PDF
Ä 94411
19 Dec 2005
 First entry In force PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data