Valgex Baltic osaühing

Active Registry code 11726220 OÜ Tallinn Registered 28 Sep 2009
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Valgex Baltic osaühing is a OÜ based in Tallinn, registry code 11726220, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €12 118 with employees.

Turnover
12 118 €
↑ 96.4% vs Q2 2026
State taxes
3 111 €
↑ 153.1% vs Q2 2026
Labour taxes
353 €
Employees
—

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 12 118 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 84 110 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 15.3 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 12 118 € · +96.4% vs Q2 2026 · industry median 23 017 € · above 33% of the industry
010 00020 00030 00040 000Q4 2023 Company: 26 567 € Industry median: 23 403 €Q4·23Q1 2024 Company: 895 € Industry median: 16 922 €Q2 2024 Company: 3 494 € Industry median: 18 660 €Q2·24Q3 2024 Company: 10 220 € Industry median: 21 547 €Q4 2024 Company: 27 135 € Industry median: 23 300 €Q4·24Q1 2025 Company: 2 062 € Industry median: 17 914 €Q2 2025 Company: 10 875 € Industry median: 20 215 €Q2·25Q3 2025 Company: 32 556 € Industry median: 22 700 €Q4 2025 Company: 17 731 € Industry median: 23 111 €Q4·25Q1 2026 Company: 17 818 € Industry median: 17 425 €Q2 2026 Company: 6 170 € Industry median: 20 462 €Q2·26Q3 2026 Company: 12 118 € Industry median: 23 017 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 27 135 € Industry median: 23 300 €Q1 2025 Company: 2 062 € Industry median: 17 914 €Q1·25Q2 2025 Company: 10 875 € Industry median: 20 215 €Q3 2025 Company: 32 556 € Industry median: 22 700 €Q3·25Q4 2025 Company: 17 731 € Industry median: 23 111 €Q1 2026 Company: 17 818 € Industry median: 17 425 €Q1·26Q2 2026 Company: 6 170 € Industry median: 20 462 €Q3 2026 Company: 12 118 € 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.

State taxes, € Q3 2026: 3 111 € · +153.1% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 3 168 €Q4·23Q1 2024 Company: 70 €Q2 2024 Company: 525 €Q2·24Q3 2024 Company: 1 710 €Q4 2024 Company: 3 066 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 2 154 €Q2·25Q3 2025 Company: 6 475 €Q4 2025 Company: 31 901 €Q4·25Q1 2026 Company: 4 003 €Q2 2026 Company: 1 229 €Q2·26Q3 2026 Company: 3 111 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 3 066 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 2 154 €Q3 2025 Company: 6 475 €Q3·25Q4 2025 Company: 31 901 €Q1 2026 Company: 4 003 €Q1·26Q2 2026 Company: 1 229 €Q3 2026 Company: 3 111 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 12 118 3 111 353 —
Q2 2026 6 170 1 229 — —
Q1 2026 17 818 4 003 — —
Q4 2025 17 731 31 901 551 —
Q3 2025 32 556 6 475 — —
Q2 2025 10 875 2 154 — —
Q1 2025 2 062 — — —
Q4 2024 27 135 3 066 — —
Q3 2024 10 220 1 710 — —
Q2 2024 3 494 525 — —
Q1 2024 895 70 — —
Q4 2023 26 567 3 168 — —
Q3 2023 28 900 3 567 — —
Q2 2023 8 039 1 116 — —
Q1 2023 74 158 16 803 661 —
Q4 2022 35 526 8 121 496 —
Q3 2022 9 981 5 991 661 —
Q2 2022 17 358 4 819 330 —
Q1 2022 11 904 4 547 1 027 —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 84 110 € · +61.6% vs 2024 · industry median 37 328 € · above 68% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 48 277 € Industry median: 37 051 €20192020 Company: 147 156 € Industry median: 33 953 €20202021 Company: 90 011 € Industry median: 35 073 €20212022 Company: 141 225 € Industry median: 37 940 €20222023 Company: 79 988 € Industry median: 35 936 €20232024 Company: 52 052 € Industry median: 35 372 €20242025 Company: 84 110 € Industry median: 37 328 €20250501001502018 Company: — Industry median: —2019 Company: 48 277 € Industry median: 37 051 €20192020 Company: 147 156 € Industry median: 33 953 €2021 Company: 90 011 € Industry median: 35 073 €20212022 Company: 141 225 € Industry median: 37 940 €2023 Company: 79 988 € Industry median: 35 936 €20232024 Company: 52 052 € Industry median: 35 372 €2025 Company: 84 110 € 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: 12 844 € · −50.3% vs 2024 · industry median 561 € · above 80% of the industry
020 00040 00060 00080 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18 749 € Industry median: 1 030 €20192020 Company: 65 369 € Industry median: 507 €20202021 Company: 35 352 € Industry median: 785 €20212022 Company: 91 370 € Industry median: 823 €20222023 Company: 43 580 € Industry median: 581 €20232024 Company: 25 858 € Industry median: 432 €20242025 Company: 12 844 € Industry median: 561 €2025020 00040 00060 00080 000100 0002018 Company: — Industry median: —2019 Company: 18 749 € Industry median: 1 030 €20192020 Company: 65 369 € Industry median: 507 €2021 Company: 35 352 € Industry median: 785 €20212022 Company: 91 370 € Industry median: 823 €2023 Company: 43 580 € Industry median: 581 €20232024 Company: 25 858 € Industry median: 432 €2025 Company: 12 844 € 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: 15.3 % · −34.4 pp vs the year before · industry median 3.9 % · above 72% of the industry
0204060802016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 38.8 % Industry median: 5.3 %20192020 Company: 44.4 % Industry median: 4.1 %20202021 Company: 39.3 % Industry median: 4.7 %20212022 Company: 64.7 % Industry median: 4.8 %20222023 Company: 54.5 % Industry median: 4.4 %20232024 Company: 49.7 % Industry median: 3.4 %20242025 Company: 15.3 % Industry median: 3.9 %20250204060802018 Company: — Industry median: —2019 Company: 38.8 % Industry median: 5.3 %20192020 Company: 44.4 % Industry median: 4.1 %2021 Company: 39.3 % Industry median: 4.7 %20212022 Company: 64.7 % Industry median: 4.8 %2023 Company: 54.5 % Industry median: 4.4 %20232024 Company: 49.7 % Industry median: 3.4 %2025 Company: 15.3 % 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: 271 647 € · −4.4% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 60 058 €20192020 Company: 117 219 €20202021 Company: 167 804 €20212022 Company: 215 944 €20222023 Company: 235 510 €20232024 Company: 284 068 €20242025 Company: 271 647 €202501002003002018 Company: —2019 Company: 60 058 €20192020 Company: 117 219 €2021 Company: 167 804 €20212022 Company: 215 944 €2023 Company: 235 510 €20232024 Company: 284 068 €2025 Company: 271 647 €2025
Equity, € thousand 2025: 260 382 € · +5.2% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 58 011 €20192020 Company: 113 379 €20202021 Company: 136 731 €20212022 Company: 178 101 €20222023 Company: 221 681 €20232024 Company: 247 538 €20242025 Company: 260 382 €202501002003002018 Company: —2019 Company: 58 011 €20192020 Company: 113 379 €2021 Company: 136 731 €20212022 Company: 178 101 €2023 Company: 221 681 €20232024 Company: 247 538 €2025 Company: 260 382 €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: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 1 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: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 1 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 84 110 12 844 0 271 647 260 382 0
2024 52 052 25 858 0 284 068 247 538 0
2023 79 988 43 580 665 235 510 221 681 0
2022 141 225 91 370 6 484 215 944 178 101 1
2021 90 011 35 352 6 484 167 804 136 731 1
2020 147 156 65 369 3 657 117 219 113 379 1
2019 48 277 18 749 6 151 60 058 58 011 1
2018 — — — — — 1
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 1
2011 — — — — — 1
2010 — — — — — 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
15.3 %
Net profit / revenue
Return on equity (ROE)
4.9 %
Net profit / equity
Return on assets (ROA)
4.7 %
Net profit / assets
Equity ratio
95.9 %
Equity / assets
Debt ratio
4.1 %
Liabilities / assets
Current ratio
1.89
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 18 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 3 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 25 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 9 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Jun 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 23 Apr 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

No other persons.

Activities (EMTAK)

  • 43211Electrical installation work Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 10134290 / 17
5 Oct 2026
Amendment entry In force
5 Oct 2026
PDF
Ä 10134290 / 16
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10134290 / 15
11 Jan 2023
Amendment entry In force
11 Jan 2023
PDF
Ä 10134290 / 14
8 Mar 2021
Amendment entry In force
8 Mar 2021
PDF
Ä 10134290 / 13
29 Jun 2018
Amendment entry In force
29 Jun 2018
PDF
Ä 10134290 / 12
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10134290 / 11
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 10134290 / 10
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10134290 / 9
4 Feb 2013
Amendment entry In force
4 Feb 2013
PDF
Ä 10134290 / 8
30 Jan 2012
Amendment entry In force
30 Jan 2012
PDF
Ä 10134290 / 7
30 Jan 2012
Entry refused: deficiencies not eliminated In force
6 Feb 2012
PDF
Ä 10134290 / 6
1 Dec 2011
Entry made by the register on its own initiative In force
1 Dec 2011
PDF
Ä 134290 / 5
25 Nov 2009
Amendment entry In force
25 Nov 2009
PDF
Ä 134290 / 4
3 Nov 2009
Note on closing the former card of a transformed company In force
3 Nov 2009
PDF
Ä 134290 / 3
3 Nov 2009
Second (constitutive) transformation entry In force
3 Nov 2009
PDF
Ä 134290 / 2
3 Nov 2009
First (declaratory) transformation entry In force
3 Nov 2009
PDF
Ä 134290
28 Sep 2009
First entry In force
28 Sep 2009
PDF

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