Balmerk Estonia OÜ

Active Registry code 12247473 OÜ Tallinn Registered 12 Mar 2012

Balmerk Estonia OÜ is a OÜ based in Tallinn, registry code 12247473, status: active. Main activity: Wholesale of alcoholic beverages. According to EMTA, turnover for Q3 2026 was €14 784 710 with 68 employees.

Turnover

14 784 710 €

↑ 4.9% vs Q2 2026

State taxes

5 800 958 €

↑ 14.5% vs Q2 2026

Labour taxes

401 932 €

↑ 18.6% vs Q2 2026

Employees

−7 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 14.8 mn €

above 98% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 5 911 €

above 90% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 41.6 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 1.7 %

above 45% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 14 784 710 € · +4.9% vs Q2 2026 · industry median 60 065 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 911 € · +30.8% vs Q2 2026 · industry median 2 104 € · above 90% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 68 · −9.3% vs Q2 2026

State taxes, € thousand Q3 2026: 5 800 958 € · +14.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	14 784 710	5 800 958	401 932	68
Q2 2026	14 100 097	5 067 040	338 876	75
Q1 2026	14 139 961	6 080 241	386 621	73
Q4 2025	13 869 359	5 070 983	392 983	74
Q3 2025	15 900 057	6 001 560	401 829	73
Q2 2025	13 915 751	5 109 533	380 917	77
Q1 2025	13 996 060	5 527 468	410 191	75
Q4 2024	13 136 490	5 243 750	441 493	85
Q3 2024	14 571 055	5 810 068	431 059	92
Q2 2024	15 051 355	5 850 687	454 453	100
Q1 2024	14 135 918	5 447 517	420 906	93
Q4 2023	14 614 553	5 203 369	406 090	93
Q3 2023	15 948 611	6 100 735	430 667	94
Q2 2023	14 117 871	5 356 103	390 350	98
Q1 2023	13 555 247	5 278 454	368 074	97
Q4 2022	13 857 907	4 715 592	352 022	96
Q3 2022	15 757 589	5 976 423	385 662	92
Q2 2022	14 280 100	5 199 325	318 846	95
Q1 2022	12 672 215	5 167 683	382 557	89

Labour taxes per employee per month

1 970 €

Turnover per employee in the quarter

217 422 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 41 628 957 € · +1.2% vs 2024 · industry median 63 691 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 719 757 € · −37.6% vs 2024 · industry median 127 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.7 % · −1.1 pp vs the year before · industry median 2.7 % · above 45% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 15 969 977 € · +7.8% vs 2024

Equity, € thousand 2025: 4 891 828 € · −8.9% vs 2024

Employees 2025: 71 · −21.1% vs 2024 · industry median 2 · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (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	41 628 957	719 757	3 667 740	15 969 977	4 891 828	71
2024	41 121 306	1 154 057	4 009 330	14 819 996	5 372 071	90
2023	42 305 013	1 443 123	3 999 481	14 572 957	5 418 014	91
2022	40 279 840	1 084 777	3 395 970	13 817 083	4 774 891	88
2021	36 429 834	1 464 165	3 126 296	14 630 277	5 854 373	87
2020	33 223 756	1 648 299	2 803 486	11 861 763	4 990 208	82
2019	30 678 747	958 001	1 663 756	10 498 474	3 993 296	40
2018	—	—	—	—	—	32
2017	—	—	—	—	—	32
2016	—	—	—	—	—	32
2015	—	—	—	—	—	30
2014	—	—	—	—	—	30
2013	—	—	—	—	—	33
2012	—	—	—	—	—	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

1.7 %

Net profit / revenue

Return on equity (ROE)

14.7 %

Net profit / equity

Return on assets (ROA)

4.5 %

Net profit / assets

Equity ratio

30.6 %

Equity / assets

Debt ratio

69.4 %

Liabilities / assets

Current ratio

1.39

Current assets / current liabilities

Revenue per employee

586 323 €

Revenue / average full-time employees

Labour cost per employee per month

4 305 €

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	23 May 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	23 Apr 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	29 Apr 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	8 May 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	25 Apr 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Apr 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	4 May 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
2	500 000 €	AS SEB Pank	21 Jun 2018 – in force
1	4 500 000 €	AS SEB Pank	13 Feb 2013 – in force

Board

Kaido Pajuste
Board member · since 27 Dec 2012
Janek Kuhlberg
Board member · since 8 Jan 2025
Nasdaq CSD SE
Keeper of the share register · since 27 Sep 2017

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Omanikukonto: BALMERK DISTRIBUTION OÜ
Legal person · 14635895 · 6 000 €

100%

Owner in

FineWine OÜ
100%

Beneficial owners

Detlev Meyer
Indirect ownership · DEU · since 10 Nov 2023
Andres Villomann
Direct ownership · since 11 Apr 2022

Founders and other persons

2A Investment Group OÜ
Founder · 2 500 € · 22 Feb 2012
Toomas Prükk
Audit firm · 19 Mar 2014

shared board members, owners or beneficial owners

Activities (EMTAK)

46341Wholesale of alcoholic beverages Main

Rulings 35

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10166067 / 29 6 May 2025	Amendment entry		In force 6 May 2025	PDF
Ä 10166067 / 28 8 Jan 2025	Amendment entry		In force 8 Jan 2025	PDF
Ä 10166067 / 27 21 Feb 2024	Amendment entry		In force 21 Feb 2024	PDF
Ä 10166067 / 26 6 Oct 2022	Second (constitutive) merger entry		In force 6 Oct 2022	PDF
Ä 10166067 / 25 9 Mar 2022	Second (constitutive) merger entry		In force 9 Mar 2022	PDF
Ä 10166067 / M6 8 Mar 2022	Procedural ruling	18 Mar 2022	Deficiencies eliminated 8 Mar 2022	PDF
Ä 10166067 / 24 3 Jan 2022	Amendment entry		In force 3 Jan 2022	PDF
Ä 10166067 / 23 28 Apr 2021	Amendment entry		In force 28 Apr 2021	PDF
Ä 10166067 / 22 14 Apr 2020	Second (constitutive) merger entry		In force 14 Apr 2020	PDF
Ä 10166067 / M5 13 Apr 2020	Ruling to eliminate deficiencies	13 May 2020	Deficiencies eliminated 14 Apr 2020	PDF
Ä 10166067 / 21 11 Feb 2020	Division entry (second, constitutive)		In force 11 Feb 2020	PDF
Ä 10166067 / M4 7 Feb 2020	Ruling to eliminate deficiencies	8 Mar 2020	Deficiencies eliminated 11 Feb 2020	PDF
Ä 10166067 / 20 8 Feb 2019	Amendment entry		In force 8 Feb 2019	PDF
Ä 10166067 / M3 5 Feb 2019	Ruling to eliminate deficiencies	19 Feb 2019	Deficiencies eliminated 8 Feb 2019	PDF
Ä 10166067 / 19 4 Jan 2019	Amendment entry		In force 4 Jan 2019	PDF
Ä 10166067 / 18 6 Nov 2018	Amendment entry		In force 6 Nov 2018	PDF
K 10166067 / 17 21 Jun 2018	Commercial pledge entered		In force 21 Jun 2018	PDF
Ä 10166067 / 16 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10166067 / 15 2 Dec 2017	Amendment entry		In force 2 Dec 2017	PDF
Ä 10166067 / 14 27 Sep 2017	Amendment entry		In force 27 Sep 2017	PDF
Ä 10166067 / 13 25 Aug 2017	Amendment entry		In force 25 Aug 2017	PDF
Ä 10166067 / 12 27 Jul 2017	Amendment entry		In force 27 Jul 2017	PDF
Ä 10166067 / 11 16 Sep 2016	Amendment entry		In force 16 Sep 2016	PDF
K 10166067 / 10 18 Dec 2013	Commercial pledge amended		In force 18 Dec 2013	PDF
Ä 10166067 / 9 1 Oct 2013	Amendment under Commercial Code § 525 (2)		In force 1 Oct 2013	PDF
Ä 10166067 / 8 3 Apr 2013	Amendment entry		In force 3 Apr 2013	PDF
Ä 10166067 / M2 15 Mar 2013	Ruling to eliminate deficiencies	14 Apr 2013	Deficiencies eliminated 3 Apr 2013	PDF
Ä 10166067 / 7 14 Feb 2013	Amendment entry		In force 14 Feb 2013	PDF
K 10166067 / 6 13 Feb 2013	Commercial pledge entered		In force 13 Feb 2013	PDF
Ä 10166067 / 5 1 Feb 2013	Amendment entry		In force 1 Feb 2013	PDF
Ä 10166067 / 4 27 Dec 2012	Amendment entry		In force 27 Dec 2012	PDF
Ä 10166067 / 3 29 Nov 2012	Amendment entry		In force 29 Nov 2012	PDF
Ä 10166067 / 2 16 Nov 2012	Amendment under Commercial Code § 525 (2)		In force 16 Nov 2012	PDF
Ä 10166067 12 Mar 2012	First entry		In force 12 Mar 2012	PDF
Ä 10166067 / M1 28 Feb 2012	Ruling to eliminate deficiencies	12 Apr 2012	In force 28 Feb 2012	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

Balmerk Estonia OÜ

Position in the industry Wholesale trade · EMTAK 46

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 35