Baltic Power Engineering OÜ

Active Registry code 11743106 OÜ Tallinn Registered 28 Oct 2009
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Baltic Power Engineering OÜ is a OÜ based in Tallinn, registry code 11743106, status: active. Main activity: Other engineering-technical activities. According to EMTA, turnover for Q3 2026 was €116 017 with 2 employees.

Turnover
116 017 €
↑ 1.8% vs Q2 2026
State taxes
9 006 €
↓ 2.5% vs Q2 2026
Labour taxes
7 782 €
↑ 0.0% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

  • Turnover · Q3 2026 116 017 €
    industry median 16 250 € · companies in the industry: 2 781
  • Labour taxes per employee 3 891 €
    industry median 1 751 € · companies in the industry: 1 910
  • Revenue · 2025 438 772 €
    industry median 23 548 € · companies in the industry: 4 824
  • Net profit margin · 2025 15.2 %
    industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 116 017 € · +1.8% vs Q2 2026 · industry median 16 250 € · above 89% of the industry
0100200300Q4 2023 Company: 261 417 € Industry median: 17 217 €Q4·23Q1 2024 Company: 227 281 € Industry median: 15 638 €Q2 2024 Company: 206 159 € Industry median: 15 992 €Q2·24Q3 2024 Company: 140 810 € Industry median: 16 330 €Q4 2024 Company: 118 724 € Industry median: 17 266 €Q4·24Q1 2025 Company: 129 559 € Industry median: 15 215 €Q2 2025 Company: 113 994 € Industry median: 16 150 €Q2·25Q3 2025 Company: 99 279 € Industry median: 16 910 €Q4 2025 Company: 120 780 € Industry median: 17 310 €Q4·25Q1 2026 Company: 75 639 € Industry median: 15 906 €Q2 2026 Company: 113 923 € Industry median: 16 256 €Q2·26Q3 2026 Company: 116 017 € Industry median: 16 250 €Q3·26050100150Q4 2024 Company: 118 724 € Industry median: 17 266 €Q1 2025 Company: 129 559 € Industry median: 15 215 €Q1·25Q2 2025 Company: 113 994 € Industry median: 16 150 €Q3 2025 Company: 99 279 € Industry median: 16 910 €Q3·25Q4 2025 Company: 120 780 € Industry median: 17 310 €Q1 2026 Company: 75 639 € Industry median: 15 906 €Q1·26Q2 2026 Company: 113 923 € Industry median: 16 256 €Q3 2026 Company: 116 017 € Industry median: 16 250 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 891 € · +0.0% vs Q2 2026 · industry median 1 751 € · above 84% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 3 784 € Industry median: 1 648 €Q4·23Q1 2024 Company: 3 784 € Industry median: 1 639 €Q2 2024 Company: 4 064 € Industry median: 1 671 €Q2·24Q3 2024 Company: 3 784 € Industry median: 1 753 €Q4 2024 Company: 3 831 € Industry median: 1 750 €Q4·24Q1 2025 Company: 3 937 € Industry median: 1 767 €Q2 2025 Company: 4 014 € Industry median: 1 758 €Q2·25Q3 2025 Company: 4 014 € Industry median: 1 847 €Q4 2025 Company: 4 014 € Industry median: 1 847 €Q4·25Q1 2026 Company: 3 896 € Industry median: 1 780 €Q2 2026 Company: 3 891 € Industry median: 1 758 €Q2·26Q3 2026 Company: 3 891 € Industry median: 1 751 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 831 € Industry median: 1 750 €Q1 2025 Company: 3 937 € Industry median: 1 767 €Q1·25Q2 2025 Company: 4 014 € Industry median: 1 758 €Q3 2025 Company: 4 014 € Industry median: 1 847 €Q3·25Q4 2025 Company: 4 014 € Industry median: 1 847 €Q1 2026 Company: 3 896 € Industry median: 1 780 €Q1·26Q2 2026 Company: 3 891 € Industry median: 1 758 €Q3 2026 Company: 3 891 € Industry median: 1 751 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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: 9 006 € · −2.5% vs Q2 2026
05 00010 00015 00020 00025 000Q4 2023 Company: 12 110 €Q4·23Q1 2024 Company: 7 092 €Q2 2024 Company: 21 447 €Q2·24Q3 2024 Company: 7 030 €Q4 2024 Company: 24 711 €Q4·24Q1 2025 Company: 10 250 €Q2 2025 Company: 12 861 €Q2·25Q3 2025 Company: 13 575 €Q4 2025 Company: 14 740 €Q4·25Q1 2026 Company: 9 427 €Q2 2026 Company: 9 238 €Q2·26Q3 2026 Company: 9 006 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 24 711 €Q1 2025 Company: 10 250 €Q1·25Q2 2025 Company: 12 861 €Q3 2025 Company: 13 575 €Q3·25Q4 2025 Company: 14 740 €Q1 2026 Company: 9 427 €Q1·26Q2 2026 Company: 9 238 €Q3 2026 Company: 9 006 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 116 017 9 006 7 782 2
Q2 2026 113 923 9 238 7 782 2
Q1 2026 75 639 9 427 7 792 2
Q4 2025 120 780 14 740 8 028 2
Q3 2025 99 279 13 575 8 028 2
Q2 2025 113 994 12 861 8 028 2
Q1 2025 129 559 10 250 7 874 2
Q4 2024 118 724 24 711 7 661 2
Q3 2024 140 810 7 030 7 568 2
Q2 2024 206 159 21 447 8 128 2
Q1 2024 227 281 7 092 7 568 2
Q4 2023 261 417 12 110 7 568 2
Q3 2023 226 462 13 894 7 145 2
Q2 2023 209 801 64 817 6 581 2
Q1 2023 188 547 18 060 6 501 2
Q4 2022 194 478 14 193 5 388 2
Q3 2022 197 615 23 709 7 293 2
Q2 2022 108 620 12 102 6 301 2
Q1 2022 129 058 9 717 5 523 2
Labour taxes per employee per month
1 297 €
Turnover per employee in the quarter
58 009 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 438 772 € · −32.9% vs 2024 · industry median 23 548 € · above 94% of the industry
02004006008001 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 327 903 € Industry median: 23 879 €20192020 Company: 342 016 € Industry median: 21 696 €20202021 Company: 342 901 € Industry median: 23 290 €20212022 Company: 636 002 € Industry median: 23 304 €20222023 Company: 889 592 € Industry median: 22 720 €20232024 Company: 653 524 € Industry median: 22 098 €20242025 Company: 438 772 € Industry median: 23 548 €202502004006008001 0002018 Company: — Industry median: —2019 Company: 327 903 € Industry median: 23 879 €20192020 Company: 342 016 € Industry median: 21 696 €2021 Company: 342 901 € Industry median: 23 290 €20212022 Company: 636 002 € Industry median: 23 304 €2023 Company: 889 592 € Industry median: 22 720 €20232024 Company: 653 524 € Industry median: 22 098 €2025 Company: 438 772 € Industry median: 23 548 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 66 811 € · −38.9% vs 2024 · industry median 1 536 € · above 92% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 60 056 € Industry median: 2 331 €20192020 Company: 70 912 € Industry median: 2 183 €20202021 Company: 4 467 € Industry median: 2 742 €20212022 Company: 125 229 € Industry median: 1 794 €20222023 Company: 119 777 € Industry median: 2 165 €20232024 Company: 109 354 € Industry median: 1 691 €20242025 Company: 66 811 € Industry median: 1 536 €20250501001502018 Company: — Industry median: —2019 Company: 60 056 € Industry median: 2 331 €20192020 Company: 70 912 € Industry median: 2 183 €2021 Company: 4 467 € Industry median: 2 742 €20212022 Company: 125 229 € Industry median: 1 794 €2023 Company: 119 777 € Industry median: 2 165 €20232024 Company: 109 354 € Industry median: 1 691 €2025 Company: 66 811 € Industry median: 1 536 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.2 % · −1.5 pp vs the year before · industry median 15.1 % · above 50% of the industry
05101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 18.3 % Industry median: 16.3 %20192020 Company: 20.7 % Industry median: 16.8 %20202021 Company: 1.3 % Industry median: 19.6 %20212022 Company: 19.7 % Industry median: 16.6 %20222023 Company: 13.5 % Industry median: 17.1 %20232024 Company: 16.7 % Industry median: 15.3 %20242025 Company: 15.2 % Industry median: 15.1 %202505101520252018 Company: — Industry median: —2019 Company: 18.3 % Industry median: 16.3 %20192020 Company: 20.7 % Industry median: 16.8 %2021 Company: 1.3 % Industry median: 19.6 %20212022 Company: 19.7 % Industry median: 16.6 %2023 Company: 13.5 % Industry median: 17.1 %20232024 Company: 16.7 % Industry median: 15.3 %2025 Company: 15.2 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 220 528 € · +47.9% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 201 906 €20192020 Company: 208 984 €20202021 Company: 202 805 €20212022 Company: 303 989 €20222023 Company: 232 569 €20232024 Company: 149 081 €20242025 Company: 220 528 €202501002003004002018 Company: —2019 Company: 201 906 €20192020 Company: 208 984 €2021 Company: 202 805 €20212022 Company: 303 989 €2023 Company: 232 569 €20232024 Company: 149 081 €2025 Company: 220 528 €2025
Equity, € thousand 2025: 180 629 € · +58.7% vs 2024
0501001502002502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 159 079 €20192020 Company: 189 991 €20202021 Company: 154 459 €20212022 Company: 239 687 €20222023 Company: 159 464 €20232024 Company: 113 819 €20242025 Company: 180 629 €20250501001502002502018 Company: —2019 Company: 159 079 €20192020 Company: 189 991 €2021 Company: 154 459 €20212022 Company: 239 687 €2023 Company: 159 464 €20232024 Company: 113 819 €2025 Company: 180 629 €2025
Employees 2025: 3 · +50.0% vs 2024 · industry median 1 · above 80% of the industry
01232016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 120182019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 3 Industry median: 1202501232018 Company: 1 Industry median: 12019 Company: 1 Industry median: 120192020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 3 Industry median: 12025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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 438 772 66 811 73 668 220 528 180 629 3
2024 653 524 109 354 71 980 149 081 113 819 2
2023 889 592 119 777 66 842 232 569 159 464 2
2022 636 002 125 229 59 153 303 989 239 687 1
2021 342 901 4 467 59 641 202 805 154 459 1
2020 342 016 70 912 59 712 208 984 189 991 1
2019 327 903 60 056 25 846 201 906 159 079 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 2
2012 — — — — — 1
2011 — — — — — 0
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
15.2 %
Net profit / revenue
Return on equity (ROE)
37.0 %
Net profit / equity
Return on assets (ROA)
30.3 %
Net profit / assets
Equity ratio
81.9 %
Equity / assets
Debt ratio
18.1 %
Liabilities / assets
Current ratio
5.48
Current assets / current liabilities
Revenue per employee
146 257 €
Revenue / average full-time employees
Labour cost per employee per month
2 046 €
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 30 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 30 Jun 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 22 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 8 Jul 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

  • Atko Siht
    Direct ownership · since 10 Nov 2021
  • Vahur Sikaste
    Direct ownership · since 10 Nov 2021
  • Imre Soorand
    Indirect ownership · since 13 Sep 2018
  • Toomas Koovit
    Member of a senior management body (management or supervisory board) · since 13 Sep 2018

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 71129Other engineering-technical activities Main
Rulings
Number, date Title Deadline State Document
Ä 10135637 / 10
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 10135637 / 9
10 Nov 2021
Amendment entry In force
10 Nov 2021
PDF
Ä 10135637 / 8
22 Oct 2019
Amendment entry In force
22 Oct 2019
PDF
Ä 10135637 / M4
23 Sep 2019
Ruling to eliminate deficiencies 23 Oct 2019 Deficiencies eliminated
22 Oct 2019
PDF
Ä 10135637 / M3
18 Sep 2019
Ruling to eliminate deficiencies 13 Oct 2019 In force
18 Sep 2019
PDF
Ä 10135637 / 7
22 Jun 2018
Entry refused: deficiencies not eliminated In force
9 Jul 2018
PDF
Ä 10135637 / M2
22 May 2018
Ruling to eliminate deficiencies 21 Jun 2018 In force
22 May 2018
PDF
Ä 10135637 / 6
11 May 2018
Amendment entry In force
11 May 2018
PDF
Ä 10135637 / M1
7 May 2018
Ruling to eliminate deficiencies 6 Jun 2018 In force
7 May 2018
PDF
Ä 10135637 / 5
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10135637 / 4
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 10135637 / 3
21 Mar 2011
Amendment entry In force
21 Mar 2011
PDF
Ä 135637 / 2
12 Nov 2009
Amendment entry In force
12 Nov 2009
PDF
Ä 135637
28 Oct 2009
First entry In force
28 Oct 2009
PDF

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