Zehnder Baltics OÜ

Active Registry code 11892250 OÜ Tallinn Registered 2 Feb 2010
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Zehnder Baltics OÜ is a OÜ based in Tallinn, registry code 11892250, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €3 548 032 with 12 employees.

Turnover
3 548 032 €
↑ 33.3% vs Q2 2026
State taxes
255 097 €
↓ 10.9% vs Q2 2026
Labour taxes
79 088 €
↓ 45.8% vs Q2 2026
Employees
12
±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 3.5 mn €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 6 591 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 8.9 mn €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 3.0 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 3 548 032 € · +33.3% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 569 874 € Industry median: 23 403 €Q4·23Q1 2024 Company: 1 908 385 € Industry median: 16 922 €Q2 2024 Company: 2 112 191 € Industry median: 18 660 €Q2·24Q3 2024 Company: 2 047 851 € Industry median: 21 547 €Q4 2024 Company: 2 512 613 € Industry median: 23 300 €Q4·24Q1 2025 Company: 2 331 341 € Industry median: 17 914 €Q2 2025 Company: 2 211 563 € Industry median: 20 215 €Q2·25Q3 2025 Company: 3 095 761 € Industry median: 22 700 €Q4 2025 Company: 3 178 885 € Industry median: 23 111 €Q4·25Q1 2026 Company: 2 867 946 € Industry median: 17 425 €Q2 2026 Company: 2 661 474 € Industry median: 20 462 €Q2·26Q3 2026 Company: 3 548 032 € Industry median: 23 017 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 512 613 € Industry median: 23 300 €Q1 2025 Company: 2 331 341 € Industry median: 17 914 €Q1·25Q2 2025 Company: 2 211 563 € Industry median: 20 215 €Q3 2025 Company: 3 095 761 € Industry median: 22 700 €Q3·25Q4 2025 Company: 3 178 885 € Industry median: 23 111 €Q1 2026 Company: 2 867 946 € Industry median: 17 425 €Q1·26Q2 2026 Company: 2 661 474 € Industry median: 20 462 €Q3 2026 Company: 3 548 032 € 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, € Q3 2026: 6 591 € · −45.8% vs Q2 2026 · industry median 1 236 € · above 98% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 5 595 € Industry median: 1 123 €Q4·23Q1 2024 Company: 6 689 € Industry median: 1 105 €Q2 2024 Company: 7 730 € Industry median: 1 083 €Q2·24Q3 2024 Company: 6 223 € Industry median: 1 141 €Q4 2024 Company: 6 026 € Industry median: 1 178 €Q4·24Q1 2025 Company: 5 831 € Industry median: 1 177 €Q2 2025 Company: 10 879 € Industry median: 1 194 €Q2·25Q3 2025 Company: 6 881 € Industry median: 1 250 €Q4 2025 Company: 6 823 € Industry median: 1 270 €Q4·25Q1 2026 Company: 6 556 € Industry median: 1 202 €Q2 2026 Company: 12 151 € Industry median: 1 197 €Q2·26Q3 2026 Company: 6 591 € Industry median: 1 236 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 6 026 € Industry median: 1 178 €Q1 2025 Company: 5 831 € Industry median: 1 177 €Q1·25Q2 2025 Company: 10 879 € Industry median: 1 194 €Q3 2025 Company: 6 881 € Industry median: 1 250 €Q3·25Q4 2025 Company: 6 823 € Industry median: 1 270 €Q1 2026 Company: 6 556 € Industry median: 1 202 €Q1·26Q2 2026 Company: 12 151 € Industry median: 1 197 €Q3 2026 Company: 6 591 € 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: 12 · +0.0% vs Q2 2026
03581013Q4 2023 Company: 10Q4·23Q1 2024 Company: 9Q2 2024 Company: 9Q2·24Q3 2024 Company: 9Q4 2024 Company: 9Q4·24Q1 2025 Company: 10Q2 2025 Company: 11Q2·25Q3 2025 Company: 11Q4 2025 Company: 11Q4·25Q1 2026 Company: 11Q2 2026 Company: 12Q2·26Q3 2026 Company: 12Q3·2603581013Q4 2024 Company: 9Q1 2025 Company: 10Q1·25Q2 2025 Company: 11Q3 2025 Company: 11Q3·25Q4 2025 Company: 11Q1 2026 Company: 11Q1·26Q2 2026 Company: 12Q3 2026 Company: 12Q3·26
State taxes, € thousand Q3 2026: 255 097 € · −10.9% vs Q2 2026
0100200300400Q4 2023 Company: 150 861 €Q4·23Q1 2024 Company: 154 515 €Q2 2024 Company: 182 081 €Q2·24Q3 2024 Company: 223 966 €Q4 2024 Company: 310 244 €Q4·24Q1 2025 Company: 179 675 €Q2 2025 Company: 267 102 €Q2·25Q3 2025 Company: 281 483 €Q4 2025 Company: 303 023 €Q4·25Q1 2026 Company: 192 586 €Q2 2026 Company: 286 208 €Q2·26Q3 2026 Company: 255 097 €Q3·260100200300400Q4 2024 Company: 310 244 €Q1 2025 Company: 179 675 €Q1·25Q2 2025 Company: 267 102 €Q3 2025 Company: 281 483 €Q3·25Q4 2025 Company: 303 023 €Q1 2026 Company: 192 586 €Q1·26Q2 2026 Company: 286 208 €Q3 2026 Company: 255 097 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 3 548 032 255 097 79 088 12
Q2 2026 2 661 474 286 208 145 806 12
Q1 2026 2 867 946 192 586 72 117 11
Q4 2025 3 178 885 303 023 75 057 11
Q3 2025 3 095 761 281 483 75 687 11
Q2 2025 2 211 563 267 102 119 670 11
Q1 2025 2 331 341 179 675 58 306 10
Q4 2024 2 512 613 310 244 54 236 9
Q3 2024 2 047 851 223 966 56 007 9
Q2 2024 2 112 191 182 081 69 572 9
Q1 2024 1 908 385 154 515 60 198 9
Q4 2023 1 569 874 150 861 55 949 10
Q3 2023 1 377 285 165 916 59 359 10
Q2 2023 1 230 380 171 793 91 039 10
Q1 2023 1 251 445 150 794 57 605 10
Q4 2022 1 362 838 174 849 50 277 9
Q3 2022 1 295 801 174 264 48 049 9
Q2 2022 1 642 097 238 983 84 368 8
Q1 2022 1 056 411 145 600 45 394 9
Labour taxes per employee per month
2 197 €
Turnover per employee in the quarter
295 669 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 8 910 546 € · +38.8% vs 2024 · industry median 37 328 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 108 238 € Industry median: 37 051 €20192020 Company: 1 298 812 € Industry median: 33 953 €20202021 Company: 4 903 375 € Industry median: 35 073 €20212022 Company: 6 028 089 € Industry median: 37 940 €20222023 Company: 5 887 624 € Industry median: 35 936 €20232024 Company: 6 419 805 € Industry median: 35 372 €20242025 Company: 8 910 546 € Industry median: 37 328 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 1 108 238 € Industry median: 37 051 €20192020 Company: 1 298 812 € Industry median: 33 953 €2021 Company: 4 903 375 € Industry median: 35 073 €20212022 Company: 6 028 089 € Industry median: 37 940 €2023 Company: 5 887 624 € Industry median: 35 936 €20232024 Company: 6 419 805 € Industry median: 35 372 €2025 Company: 8 910 546 € 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, € thousand 2025: 265 574 € · +169.7% vs 2024 · industry median 561 € · above 98% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 19 057 € Industry median: 1 030 €20192020 Company: 5 987 € Industry median: 507 €20202021 Company: 133 188 € Industry median: 785 €20212022 Company: 163 037 € Industry median: 823 €20222023 Company: 204 340 € Industry median: 581 €20232024 Company: 98 469 € Industry median: 432 €20242025 Company: 265 574 € Industry median: 561 €202501002003002018 Company: — Industry median: —2019 Company: 19 057 € Industry median: 1 030 €20192020 Company: 5 987 € Industry median: 507 €2021 Company: 133 188 € Industry median: 785 €20212022 Company: 163 037 € Industry median: 823 €2023 Company: 204 340 € Industry median: 581 €20232024 Company: 98 469 € Industry median: 432 €2025 Company: 265 574 € 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: 3.0 % · +1.4 pp vs the year before · industry median 3.9 % · above 47% of the industry
02462016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.7 % Industry median: 5.3 %20192020 Company: 0.5 % Industry median: 4.1 %20202021 Company: 2.7 % Industry median: 4.7 %20212022 Company: 2.7 % Industry median: 4.8 %20222023 Company: 3.5 % Industry median: 4.4 %20232024 Company: 1.5 % Industry median: 3.4 %20242025 Company: 3.0 % Industry median: 3.9 %202502462018 Company: — Industry median: —2019 Company: 1.7 % Industry median: 5.3 %20192020 Company: 0.5 % Industry median: 4.1 %2021 Company: 2.7 % Industry median: 4.7 %20212022 Company: 2.7 % Industry median: 4.8 %2023 Company: 3.5 % Industry median: 4.4 %20232024 Company: 1.5 % Industry median: 3.4 %2025 Company: 3.0 % 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: 1 985 865 € · +37.6% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 180 460 €20192020 Company: 1 283 786 €20202021 Company: 2 120 585 €20212022 Company: 1 344 007 €20222023 Company: 1 744 872 €20232024 Company: 1 443 273 €20242025 Company: 1 985 865 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 1 180 460 €20192020 Company: 1 283 786 €2021 Company: 2 120 585 €20212022 Company: 1 344 007 €2023 Company: 1 744 872 €20232024 Company: 1 443 273 €2025 Company: 1 985 865 €2025
Equity, € thousand 2025: 857 539 € · +44.9% vs 2024
02004006008001 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 486 942 €20192020 Company: 492 929 €20202021 Company: 626 118 €20212022 Company: 689 155 €20222023 Company: 893 495 €20232024 Company: 591 965 €20242025 Company: 857 539 €202502004006008001 0002018 Company: —2019 Company: 486 942 €20192020 Company: 492 929 €2021 Company: 626 118 €20212022 Company: 689 155 €2023 Company: 893 495 €20232024 Company: 591 965 €2025 Company: 857 539 €2025
Employees 2025: 14 · +16.7% vs 2024 · industry median 1 · above 98% of the industry
0510152016 Company: 8 Industry median: —20162017 Company: 8 Industry median: —20172018 Company: 8 Industry median: 220182019 Company: 7 Industry median: 220192020 Company: 7 Industry median: 220202021 Company: 10 Industry median: 220212022 Company: 12 Industry median: 220222023 Company: 12 Industry median: 120232024 Company: 12 Industry median: 120242025 Company: 14 Industry median: 120250510152018 Company: 8 Industry median: 22019 Company: 7 Industry median: 220192020 Company: 7 Industry median: 22021 Company: 10 Industry median: 220212022 Company: 12 Industry median: 22023 Company: 12 Industry median: 120232024 Company: 12 Industry median: 12025 Company: 14 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 8 910 546 265 574 947 108 1 985 865 857 539 14
2024 6 419 805 98 469 726 238 1 443 273 591 965 12
2023 5 887 624 204 340 804 517 1 744 872 893 495 12
2022 6 028 089 163 037 712 646 1 344 007 689 155 12
2021 4 903 375 133 188 601 159 2 120 585 626 118 10
2020 1 298 812 5 987 521 671 1 283 786 492 929 7
2019 1 108 238 19 057 492 090 1 180 460 486 942 7
2018 — — — — — 8
2017 — — — — — 8
2016 — — — — — 8
2015 — — — — — 8
2013 — — — — — 8
2012 — — — — — 6
2011 — — — — — 3
2010 — — — — — 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
3.0 %
Net profit / revenue
Return on equity (ROE)
31.0 %
Net profit / equity
Return on assets (ROA)
13.4 %
Net profit / assets
Equity ratio
43.2 %
Equity / assets
Debt ratio
56.8 %
Liabilities / assets
Current ratio
1.70
Current assets / current liabilities
Revenue per employee
636 468 €
Revenue / average full-time employees
Labour cost per employee per month
5 638 €
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 10 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 Jul 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 6 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 7 Aug 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

  • Zehnder Group AG
    Legal person · 2 556 €

Beneficial owners

  • Hans-Peter Zehnder
    Over 50% of voting rights in the consolidated entity · CHE · since 12 Nov 2019

Founders and other persons

  • OÜ Rähmose
    Founder · 20 000 € · 1 Feb 2010
  • TKC OÜ
    Founder · 20 000 € · 1 Feb 2010
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43221Installation, maintenance and repair of heating, ventilation and air conditioning equipment Main
Rulings
Number, date Title Deadline State Document
Ä 30043049 / 10
30 Jul 2024
Amendment entry In force
30 Jul 2024
PDF
Ä 30043049 / M2
9 Jul 2024
Warning of a fine: annual report not filed 8 Aug 2024 Deficiencies eliminated
19 Jul 2024
PDF
Ä 30043049 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 30043049 / 8
19 Mar 2020
Amendment entry In force
19 Mar 2020
PDF
Ä 30043049 / 7
9 Aug 2018
Amendment entry In force
9 Aug 2018
PDF
Ä 30043049 / M1
24 Jul 2018
Ruling to eliminate deficiencies 7 Aug 2018 In force
24 Jul 2018
PDF
Ä 30043049 / 6
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 30043049 / 5
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 30043049 / 4
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
Ä 30043049 / 3
1 Jul 2014
Amendment entry In force
1 Jul 2014
PDF
Ä 30043049 / 2
3 Jan 2012
Amendment entry In force
3 Jan 2012
PDF
Ä 43049
2 Feb 2010
First entry In force
2 Feb 2010
PDF

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