Osaühing Akorda-Balt

Active Registry code 11222086 OÜ Tallinn Registered 15 Feb 2006
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Osaühing Akorda-Balt is a OÜ based in Tallinn, registry code 11222086, status: active. Main activity: Other non-specialised retail sale. According to EMTA, turnover for Q3 2026 was €120 084 with 2 employees.

Turnover
120 084 €
↓ 31.4% vs Q2 2026
State taxes
41 246 €
↑ 129.2% vs Q2 2026
Labour taxes
2 797 €
↓ 15.6% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 120 084 €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 1 399 €
    industry median 1 201 € · companies in the industry: 4 663
  • Revenue · 2025 1 mn €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 -2.8 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 120 084 € · −31.4% vs Q2 2026 · industry median 23 652 € · above 78% of the industry
05001 0001 5002 000Q4 2023 Company: 1 996 140 € Industry median: 26 822 €Q4·23Q1 2024 Company: 350 603 € Industry median: 23 246 €Q2 2024 Company: 1 313 207 € Industry median: 26 103 €Q2·24Q3 2024 Company: 345 760 € Industry median: 24 905 €Q4 2024 Company: 1 471 867 € Industry median: 25 283 €Q4·24Q1 2025 Company: 757 499 € Industry median: 21 556 €Q2 2025 Company: 364 214 € Industry median: 24 404 €Q2·25Q3 2025 Company: 252 108 € Industry median: 24 441 €Q4 2025 Company: 586 875 € Industry median: 23 532 €Q4·25Q1 2026 Company: 218 958 € Industry median: 20 253 €Q2 2026 Company: 175 072 € Industry median: 23 917 €Q2·26Q3 2026 Company: 120 084 € Industry median: 23 652 €Q3·2605001 0001 500Q4 2024 Company: 1 471 867 € Industry median: 25 283 €Q1 2025 Company: 757 499 € Industry median: 21 556 €Q1·25Q2 2025 Company: 364 214 € Industry median: 24 404 €Q3 2025 Company: 252 108 € Industry median: 24 441 €Q3·25Q4 2025 Company: 586 875 € Industry median: 23 532 €Q1 2026 Company: 218 958 € Industry median: 20 253 €Q1·26Q2 2026 Company: 175 072 € Industry median: 23 917 €Q3 2026 Company: 120 084 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 399 € · −15.6% vs Q2 2026 · industry median 1 201 € · above 60% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 2 014 € Industry median: 971 €Q4·23Q1 2024 Company: 1 809 € Industry median: 1 002 €Q2 2024 Company: 1 868 € Industry median: 1 009 €Q2·24Q3 2024 Company: 1 679 € Industry median: 1 048 €Q4 2024 Company: 1 679 € Industry median: 1 053 €Q4·24Q1 2025 Company: 1 615 € Industry median: 1 099 €Q2 2025 Company: 1 723 € Industry median: 1 126 €Q2·25Q3 2025 Company: 1 814 € Industry median: 1 156 €Q4 2025 Company: 1 814 € Industry median: 1 151 €Q4·25Q1 2026 Company: 1 901 € Industry median: 1 116 €Q2 2026 Company: 1 657 € Industry median: 1 131 €Q2·26Q3 2026 Company: 1 399 € Industry median: 1 201 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 679 € Industry median: 1 053 €Q1 2025 Company: 1 615 € Industry median: 1 099 €Q1·25Q2 2025 Company: 1 723 € Industry median: 1 126 €Q3 2025 Company: 1 814 € Industry median: 1 156 €Q3·25Q4 2025 Company: 1 814 € Industry median: 1 151 €Q1 2026 Company: 1 901 € Industry median: 1 116 €Q1·26Q2 2026 Company: 1 657 € Industry median: 1 131 €Q3 2026 Company: 1 399 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 41 246 € · +129.2% vs Q2 2026
020 00040 00060 00080 000100 000Q4 2023 Company: 3 922 €Q4·23Q1 2024 Company: 9 758 €Q2 2024 Company: 14 169 €Q2·24Q3 2024 Company: 14 204 €Q4 2024 Company: 28 813 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 59 104 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 83 935 €Q4·25Q1 2026 Company: 16 250 €Q2 2026 Company: 17 999 €Q2·26Q3 2026 Company: 41 246 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 28 813 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 59 104 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 83 935 €Q1 2026 Company: 16 250 €Q1·26Q2 2026 Company: 17 999 €Q3 2026 Company: 41 246 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 120 084 41 246 2 797 2
Q2 2026 175 072 17 999 3 313 2
Q1 2026 218 958 16 250 3 802 2
Q4 2025 586 875 83 935 3 627 2
Q3 2025 252 108 — 3 627 2
Q2 2025 364 214 59 104 3 446 2
Q1 2025 757 499 — 3 230 2
Q4 2024 1 471 867 28 813 3 358 2
Q3 2024 345 760 14 204 3 358 2
Q2 2024 1 313 207 14 169 3 736 2
Q1 2024 350 603 9 758 3 618 2
Q4 2023 1 996 140 3 922 4 027 2
Q3 2023 1 158 290 24 279 7 376 2
Q2 2023 580 229 18 763 7 400 4
Q1 2023 507 485 — 5 837 5
Q4 2022 1 421 885 4 876 6 324 6
Q3 2022 1 026 645 14 248 6 038 6
Q2 2022 1 740 201 9 945 7 790 6
Q1 2022 366 859 26 811 7 682 5
Labour taxes per employee per month
466 €
Turnover per employee in the quarter
60 042 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 020 197 € · −49.2% vs 2024 · industry median 16 974 € · above 93% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 700 346 € Industry median: 25 000 €20192020 Company: 1 341 937 € Industry median: 21 390 €20202021 Company: 2 898 961 € Industry median: 23 333 €20212022 Company: 3 286 156 € Industry median: 22 891 €20222023 Company: 1 964 988 € Industry median: 20 218 €20232024 Company: 2 009 951 € Industry median: 18 875 €20242025 Company: 1 020 197 € Industry median: 16 974 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 1 700 346 € Industry median: 25 000 €20192020 Company: 1 341 937 € Industry median: 21 390 €2021 Company: 2 898 961 € Industry median: 23 333 €20212022 Company: 3 286 156 € Industry median: 22 891 €2023 Company: 1 964 988 € Industry median: 20 218 €20232024 Company: 2 009 951 € Industry median: 18 875 €2025 Company: 1 020 197 € Industry median: 16 974 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -28 441 € · −144.6% vs 2024 · industry median 0 € · above 2% of the industry
-1 500-1 000-50005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -1 434 515 € Industry median: 246 €20192020 Company: -17 275 € Industry median: 98 €20202021 Company: 8 746 € Industry median: 245 €20212022 Company: 29 902 € Industry median: 96 €20222023 Company: 15 372 € Industry median: 20 €20232024 Company: 63 748 € Industry median: 0 €20242025 Company: -28 441 € Industry median: 0 €2025-1 500-1 000-50005002018 Company: — Industry median: —2019 Company: -1 434 515 € Industry median: 246 €20192020 Company: -17 275 € Industry median: 98 €2021 Company: 8 746 € Industry median: 245 €20212022 Company: 29 902 € Industry median: 96 €2023 Company: 15 372 € Industry median: 20 €20232024 Company: 63 748 € Industry median: 0 €2025 Company: -28 441 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -2.8 % · −6.0 pp vs the year before · industry median 1.3 % · above 28% of the industry
-100-80-60-40-200202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -84.4 % Industry median: 2.6 %20192020 Company: -1.3 % Industry median: 2.7 %20202021 Company: 0.3 % Industry median: 3.3 %20212022 Company: 0.9 % Industry median: 2.8 %20222023 Company: 0.8 % Industry median: 2.2 %20232024 Company: 3.2 % Industry median: 1.5 %20242025 Company: -2.8 % Industry median: 1.3 %2025-100-80-60-40-200202018 Company: — Industry median: —2019 Company: -84.4 % Industry median: 2.6 %20192020 Company: -1.3 % Industry median: 2.7 %2021 Company: 0.3 % Industry median: 3.3 %20212022 Company: 0.9 % Industry median: 2.8 %2023 Company: 0.8 % Industry median: 2.2 %20232024 Company: 3.2 % Industry median: 1.5 %2025 Company: -2.8 % Industry median: 1.3 %2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 193 873 € · −48.6% vs 2024
02004006002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 544 060 €20192020 Company: 149 807 €20202021 Company: 415 641 €20212022 Company: 291 556 €20222023 Company: 166 903 €20232024 Company: 376 940 €20242025 Company: 193 873 €202502004006002018 Company: —2019 Company: 544 060 €20192020 Company: 149 807 €2021 Company: 415 641 €20212022 Company: 291 556 €2023 Company: 166 903 €20232024 Company: 376 940 €2025 Company: 193 873 €2025
Equity, € thousand 2025: 164 602 € · −14.7% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 92 550 €20192020 Company: 75 275 €20202021 Company: 84 021 €20212022 Company: 113 923 €20222023 Company: 129 295 €20232024 Company: 193 043 €20242025 Company: 164 602 €20250501001502002018 Company: —2019 Company: 92 550 €20192020 Company: 75 275 €2021 Company: 84 021 €20212022 Company: 113 923 €2023 Company: 129 295 €20232024 Company: 193 043 €2025 Company: 164 602 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 70% of the industry
024682016 Company: 6 Industry median: —20162017 Company: 7 Industry median: —20172018 Company: 7 Industry median: 220182019 Company: 7 Industry median: 220192020 Company: 5 Industry median: 220202021 Company: 5 Industry median: 220212022 Company: 7 Industry median: 220222023 Company: 5 Industry median: 220232024 Company: 3 Industry median: 220242025 Company: 3 Industry median: 22025024682018 Company: 7 Industry median: 22019 Company: 7 Industry median: 220192020 Company: 5 Industry median: 22021 Company: 5 Industry median: 220212022 Company: 7 Industry median: 22023 Company: 5 Industry median: 220232024 Company: 3 Industry median: 22025 Company: 3 Industry median: 22025
  • Company
  • Industry median

Industry: Retail trade (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 1 020 197 -28 441 35 532 193 873 164 602 3
2024 2 009 951 63 748 36 755 376 940 193 043 3
2023 1 964 988 15 372 66 993 166 903 129 295 5
2022 3 286 156 29 902 85 659 291 556 113 923 7
2021 2 898 961 8 746 50 355 415 641 84 021 5
2020 1 341 937 -17 275 41 631 149 807 75 275 5
2019 1 700 346 -1 434 515 58 304 544 060 92 550 7
2018 — — — — — 7
2017 — — — — — 7
2016 — — — — — 6
2015 — — — — — 6
2014 — — — — — 8
2013 — — — — — 7
2012 — — — — — 8
2011 — — — — — 6
2010 — — — — — 3
2009 — — — — — 2
2008 — — — — — 2
2007 — — — — — 1
2006 — — — — — 1

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
-2.8 %
Net profit / revenue
Return on equity (ROE)
-17.3 %
Net profit / equity
Return on assets (ROA)
-14.7 %
Net profit / assets
Equity ratio
84.9 %
Equity / assets
Debt ratio
15.1 %
Liabilities / assets
Current ratio
5.30
Current assets / current liabilities
Revenue per employee
340 066 €
Revenue / average full-time employees
Labour cost per employee per month
987 €
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 31 Aug 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Aug 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Sep 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Sep 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 7 Nov 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 7 Sep 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 9 Nov 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

  • FM Capital Services OÜ
    Founder · 40 000 € · 15 Feb 2006
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47121Other non-specialised retail sale Main
  • 47811Retail sale of motor vehicles
  • 52251Logistics service activities
Rulings
Number, date Title Deadline State Document
Ä 10096062 / M4
24 Aug 2025
Warning of deletion from the register: annual report not filed 27 Nov 2025 Deficiencies eliminated
25 Aug 2025
PDF
Ä 10096062 / M3
1 Sep 2024
Warning of deletion from the register: annual report not filed 5 Dec 2024 Deficiencies eliminated
1 Oct 2024
PDF
Ä 10096062 / M2
8 Jul 2024
Warning of deletion from the register: annual report not filed 11 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 10096062 / M1
26 Sep 2023
Warning of deletion from the register: annual report not filed 30 Dec 2023 Deficiencies eliminated
28 Sep 2023
PDF
Ä 10096062 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10096062 / 8
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10096062 / 7
29 Nov 2017
Amendment entry In force
29 Nov 2017
PDF
Ä 10096062 / 6
18 Mar 2016
Amendment under Commercial Code § 525 (2) In force
18 Mar 2016
PDF
Ä 10096062 / 5
24 May 2011
Amendment entry In force
24 May 2011
PDF
Ä 10096062 / 4
2 Jul 2010
Deletion of activities from the registry card In force
2 Jul 2010
PDF
Ä 96062 / 3
10 Jun 2009
Amendment entry In force
10 Jun 2009
PDF
Ä 96062 / 2
11 Sep 2006
Amendment entry In force
11 Sep 2006
PDF
Ä 96062
15 Feb 2006
First entry In force
15 Feb 2006
PDF

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