ALTER BALTICS OÜ
Active Registry code 12026341
OÜ Iru küla Registered 3 Dec 2010
ALTER BALTICS OÜ is a OÜ based in Iru küla, registry code 12026341, status: active. Main activity: Wholesale of electronic and telecommunication equipment and parts. According to EMTA, turnover for Q3 2026 was €3 322 373 with 26 employees.
Turnover
3 322 373 €
↓ 5.1% vs Q2 2026
State taxes
406 560 €
↑ 14.5% vs Q2 2026
Labour taxes
119 007 €
↓ 0.5% vs Q2 2026
Employees
26
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 3.3 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 4 577 €above 82% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 8 mn €above 98% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 0.1 %above 32% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 3 322 373 | 406 560 | 119 007 | 26 |
| Q2 2026 | 3 499 790 | 355 090 | 119 630 | 25 |
| Q1 2026 | 2 557 057 | 264 518 | 95 446 | 25 |
| Q4 2025 | 2 632 953 | 339 829 | 108 960 | 24 |
| Q3 2025 | 3 110 096 | 379 488 | 106 050 | 26 |
| Q2 2025 | 3 933 001 | 402 730 | 108 484 | 25 |
| Q1 2025 | 3 500 459 | 323 043 | 100 010 | 26 |
| Q4 2024 | 3 333 410 | 333 160 | 101 351 | 26 |
| Q3 2024 | 4 240 007 | 437 065 | 112 023 | 27 |
| Q2 2024 | 4 135 284 | 355 366 | 108 516 | 27 |
| Q1 2024 | 3 937 596 | 310 296 | 100 341 | 27 |
| Q4 2023 | 3 718 739 | 340 327 | 93 907 | 24 |
| Q3 2023 | 4 856 675 | 401 503 | 99 897 | 23 |
| Q2 2023 | 5 952 064 | 533 521 | 94 996 | 24 |
| Q1 2023 | 3 743 311 | 324 015 | 90 042 | 23 |
| Q4 2022 | 4 463 658 | 425 596 | 92 717 | 24 |
| Q3 2022 | 3 921 748 | 370 555 | 87 114 | 25 |
| Q2 2022 | 4 283 551 | 329 536 | 72 286 | 23 |
| Q1 2022 | 2 408 532 | 226 550 | 70 114 | 22 |
Labour taxes per employee per month
1 526 €
Turnover per employee in the quarter
127 784 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 7 974 157 | 9 683 | 1 012 967 | 4 683 215 | 3 069 655 | 28 |
| 2024 | 8 769 147 | -13 843 | 1 077 215 | 4 516 406 | 3 219 972 | 28 |
| 2023 | 11 572 804 | 1 243 023 | 1 008 997 | 4 685 196 | 3 393 815 | 26 |
| 2022 | 9 129 788 | 559 036 | 872 941 | 3 630 715 | 2 342 792 | 26 |
| 2021 | 7 893 425 | 582 734 | 750 234 | 2 642 433 | 1 895 356 | 25 |
| 2020 | 5 754 994 | 397 560 | 465 502 | 2 076 512 | 1 394 622 | 25 |
| 2019 | 5 396 673 | 129 083 | 604 879 | 1 894 402 | 1 055 062 | 24 |
| 2018 | — | — | — | — | — | 23 |
| 2017 | — | — | — | — | — | 22 |
| 2016 | — | — | — | — | — | 21 |
| 2015 | — | — | — | — | — | 20 |
| 2014 | — | — | — | — | — | 17 |
| 2013 | — | — | — | — | — | 15 |
| 2012 | — | — | — | — | — | 16 |
| 2011 | — | — | — | — | — | 12 |
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
0.1 %
Net profit / revenue
Return on equity (ROE)
0.3 %
Net profit / equity
Return on assets (ROA)
0.2 %
Net profit / assets
Equity ratio
65.5 %
Equity / assets
Debt ratio
34.5 %
Liabilities / assets
Current ratio
2.75
Current assets / current liabilities
Revenue per employee
284 791 €
Revenue / average full-time employees
Labour cost per employee per month
3 015 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 19 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 3 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 19 Mar 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 9 Mar 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 19 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 29 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 28 May 2020 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 4 | 400 000 € | AS SEB Pank | 19 Feb 2024 – in force |
| 3 | 300 000 € | AS SEB Pank | 15 Aug 2022 – in force |
| 2 | 100 000 € | AS SEB Pank | 2 Dec 2014 – in force |
| 1 | 300 000 € | AS SEB Pank | 29 Mar 2011 – in force |
Board
- Margus NorkkoBoard member · since 3 Dec 2010
- Margus SillutaBoard member · since 3 Dec 2010
- Roland SillutaBoard member · since 3 Dec 2010
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Alter Group osaühingLegal person · 10167942 · 20 000 €
Beneficial owners
- Margus SillutaIndirect ownership · since 15 Oct 2018
- Roland SillutaIndirect ownership · since 15 Oct 2018
Founders and other persons
- Osaühing Alter ElectricFounder · 20 000 € · 18 Aug 2014
Related companies
Activities (EMTAK)
- 46503Wholesale of electronic and telecommunication equipment and parts Main
- 33151Repair and maintenance of civilian ships and boats
- 46341Wholesale of alcoholic beverages
- 46643Wholesale of electrical material and their requisites and electrical machines, including cables
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10150429 / 12 11 Aug 2026 |
Amendment entry | In force 11 Aug 2026 |
||
| Ä 10150429 / 11 21 Mar 2025 |
Amendment entry | In force 21 Mar 2025 |
||
| Ä 10150429 / M4 20 Mar 2025 |
Ruling to eliminate deficiencies | 19 Apr 2025 | Deficiencies eliminated 21 Mar 2025 |
|
| K 10150429 / 10 19 Feb 2024 |
Commercial pledge entered | In force 19 Feb 2024 |
||
| Ä 10150429 / 9 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| K 10150429 / 8 15 Aug 2022 |
Commercial pledge entered | In force 15 Aug 2022 |
||
| Ä 10150429 / 7 6 Oct 2020 |
Amendment entry | In force 6 Oct 2020 |
||
| Ä 10150429 / M3 1 Jul 2019 |
Ruling to correct data outside an entry | 11 Jul 2019 | Deficiencies eliminated 9 Jul 2019 |
|
| Ä 10150429 / 6 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10150429 / 5 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10150429 / 4 14 Sep 2016 |
Amendment entry | In force 14 Sep 2016 |
||
| K 10150429 / 3 2 Dec 2014 |
Commercial pledge entered | In force 2 Dec 2014 |
||
| K 10150429 / M2 1 Dec 2014 |
Ruling to eliminate deficiencies | 11 Dec 2014 | Deficiencies eliminated 2 Dec 2014 |
|
| Ä 10150429 / 2 18 Aug 2014 |
Amendment entry | In force 18 Aug 2014 |
||
| Ä 10150429 / M1 16 Jul 2014 |
Ruling to eliminate deficiencies | 15 Aug 2014 | Deficiencies eliminated 18 Aug 2014 |
|
| K 10154451 29 Mar 2011 |
Commercial pledge entered | In force 29 Mar 2011 |
||
| Ä 10150429 3 Dec 2010 |
First entry | In force 3 Dec 2010 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data