BALTIC GARDEN GROUP AS
Active Registry code 12118907
AS Liiva küla Registered 10 Jun 2011
BALTIC GARDEN GROUP AS is a AS based in Liiva küla, registry code 12118907, status: active. Main activity: Wholesale of household, office and shop furniture, carpets and lighting equipment. According to EMTA, turnover for Q3 2026 was €53 442 with 1 employees.
Turnover
53 442 €
↑ 14.4% vs Q2 2026
State taxes
3 740 €
↑ 25.2% vs Q2 2026
Labour taxes
4 075 €
↑ 13.8% vs Q2 2026
Employees
1
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 53 442 €above 48% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 4 075 €above 77% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 1.2 mn €above 84% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 2.8 %above 51% 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 | 53 442 | 3 740 | 4 075 | 1 |
| Q2 2026 | 46 726 | 2 988 | 3 582 | 1 |
| Q1 2026 | 48 788 | 4 142 | 4 503 | 1 |
| Q4 2025 | 50 999 | 4 075 | 4 457 | 1 |
| Q3 2025 | 56 488 | 3 728 | 4 409 | 1 |
| Q2 2025 | 61 138 | 3 740 | 4 044 | 1 |
| Q1 2025 | 45 010 | 4 422 | 4 791 | 1 |
| Q4 2024 | 54 871 | 4 104 | 4 449 | 1 |
| Q3 2024 | 44 430 | 3 662 | 3 970 | 1 |
| Q2 2024 | 69 814 | 3 542 | 3 840 | 1 |
| Q1 2024 | 47 977 | 3 844 | 4 168 | 1 |
| Q4 2023 | 49 330 | 3 966 | 4 300 | 1 |
| Q3 2023 | 58 984 | 3 665 | 3 974 | 1 |
| Q2 2023 | 71 290 | 3 729 | 4 043 | 1 |
| Q1 2023 | 50 090 | 4 006 | 4 343 | 1 |
| Q4 2022 | 55 721 | 3 839 | 4 162 | 1 |
| Q3 2022 | 93 215 | 3 624 | 3 929 | 1 |
| Q2 2022 | 78 505 | 3 857 | 4 182 | 1 |
| Q1 2022 | 123 569 | 3 853 | 4 375 | 1 |
Labour taxes per employee per month
1 358 €
Turnover per employee in the quarter
53 442 €
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 | 1 243 553 | 35 047 | 41 107 | 772 200 | 542 680 | 1 |
| 2024 | 995 165 | -46 670 | 40 659 | 968 689 | 507 633 | 1 |
| 2023 | 835 268 | -70 778 | 38 715 | 797 833 | 554 303 | 1 |
| 2022 | 1 244 975 | 57 584 | 39 081 | 962 104 | 625 081 | 1 |
| 2021 | 1 462 268 | 80 232 | 38 768 | 735 616 | 567 497 | 1 |
| 2020 | 1 341 404 | 19 685 | 30 781 | 732 785 | 487 265 | 1 |
| 2019 | 1 349 395 | 10 154 | 39 917 | 755 711 | 467 580 | 2 |
| 2018 | — | — | — | — | — | 2 |
| 2017 | — | — | — | — | — | 2 |
| 2016 | — | — | — | — | — | 2 |
| 2015 | — | — | — | — | — | 2 |
| 2014 | — | — | — | — | — | 3 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 2 |
| 2011 | — | — | — | — | — | 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)
6.5 %
Net profit / equity
Return on assets (ROA)
4.5 %
Net profit / assets
Equity ratio
70.3 %
Equity / assets
Debt ratio
29.7 %
Liabilities / assets
Current ratio
3.36
Current assets / current liabilities
Revenue per employee
1 243 553 €
Revenue / average full-time employees
Labour cost per employee per month
3 426 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 11 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 | 25 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 28 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 | 28 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 13 Jul 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 500 000 € | AS SEB Pank | 19 Oct 2011 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Marje VaarBoard member · since 29 Apr 2019
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Gintaras ŠimaitisDirect ownership · LTU · since 7 Sep 2018
- Gunnar Magnus GunnarssonIndirect ownership · SWE · since 7 Sep 2018
- Sven Tomas GunnarssonIndirect ownership · SWE · since 7 Sep 2018
Founders and other persons
- Gintaras ŠimaitisFounder · 11 250 € · 11 May 2011
- TMG Collection osaühingFounder · 13 750 € · 11 May 2011
- Gintaras ŠimaitisSupervisory board member · 20 Jul 2016
- Gunnar Magnus GunnarssonSupervisory board member · 20 Jul 2016
- Sven Tomas GunnarssonSupervisory board member · 20 Jul 2016
- Omanikukonto: GINTARAS SIMAITISShareholder · 11 250 € · 16 Aug 2023
- Omanikukonto: TMG COLLECTION OÜShareholder · 13 750 € · 5 Dec 2025
Related companies
Activities (EMTAK)
- 46471Wholesale of household, office and shop furniture, carpets and lighting equipment Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30046265 / 8 23 Jan 2020 |
Amendment under Commercial Code § 525 (2) | In force 23 Jan 2020 |
||
| Ä 30046265 / 7 29 Apr 2019 |
Amendment entry | In force 29 Apr 2019 |
||
| Ä 30046265 / M2 22 Apr 2019 |
Ruling to correct data outside an entry | 2 May 2019 | Deficiencies eliminated 25 Apr 2019 |
|
| Ä 30046265 / 6 13 Feb 2018 |
Amendment entry | In force 13 Feb 2018 |
||
| Ä 30046265 / 5 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 30046265 / 4 2 Dec 2017 |
Amendment entry | In force 2 Dec 2017 |
||
| Ä 30046265 / 3 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| K 30046265 / 2 18 Nov 2013 |
Commercial pledge amended | In force 18 Nov 2013 |
||
| K 30047304 19 Oct 2011 |
Commercial pledge entered | In force 19 Oct 2011 |
||
| Ä 30046265 10 Jun 2011 |
First entry | In force 10 Jun 2011 |
||
| Ä 30046265 / M1 24 May 2011 |
Ruling to eliminate deficiencies | In force 24 May 2011 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data