AS Scanola Baltic

Active Registry code 12354430 AS Painküla Registered 1 Oct 2012

AS Scanola Baltic is a AS based in Painküla, registry code 12354430, status: active. Main activity: Manufacture of oils and fats. According to EMTA, turnover for Q3 2026 was €26 332 567 with 57 employees.

Turnover

26 332 567 €

↓ 24.1% vs Q2 2026

State taxes

0 €

Labour taxes

336 651 €

↓ 21.6% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Manufacture of food products · EMTAK 10

Turnover · Q3 2026 26.3 mn €

above 98% of companies

industry median 45 078 € · companies in the industry: 614
Labour taxes per employee 5 906 €

above 98% of companies

industry median 1 325 € · companies in the industry: 551
Revenue · 2025 108.2 mn €

above 98% of companies

industry median 18 772 € · companies in the industry: 1 075
Net profit margin · 2025 1.8 %

above 48% of companies

industry median 2.1 % · companies in the industry: 817

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 26 332 567 € · −24.1% vs Q2 2026 · industry median 45 078 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 906 € · −21.6% vs Q2 2026 · industry median 1 325 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 57 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	26 332 567	—	336 651	57
Q2 2026	34 680 672	—	429 633	57
Q1 2026	29 985 623	—	314 014	57
Q4 2025	30 966 146	—	310 908	57
Q3 2025	26 085 574	—	327 209	56
Q2 2025	36 729 035	—	350 222	60
Q1 2025	30 124 299	—	323 262	56
Q4 2024	28 786 869	—	298 140	55
Q3 2024	23 171 278	—	275 063	56
Q2 2024	29 507 849	—	292 340	60
Q1 2024	29 378 415	—	304 065	56
Q4 2023	32 056 711	—	240 674	55
Q3 2023	28 967 139	—	259 070	57
Q2 2023	37 999 468	—	228 909	63
Q1 2023	36 692 141	—	227 407	52
Q4 2022	44 092 248	—	201 738	53
Q3 2022	32 815 094	—	219 860	53
Q2 2022	44 774 426	—	206 059	55
Q1 2022	33 406 397	—	223 073	50

Labour taxes per employee per month

1 969 €

Turnover per employee in the quarter

461 975 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, mn € 2025: 108 157 870 € · +4.1% vs 2024 · industry median 18 772 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 1 962 448 € · −62.3% vs 2024 · industry median 37 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.8 % · −3.2 pp vs the year before · industry median 2.1 % · above 48% of the industry

Company
Industry median

Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 28 370 816 € · +3.0% vs 2024

Equity, € thousand 2025: 23 468 376 € · +9.1% vs 2024

Employees 2025: 55 · +0.0% vs 2024 · industry median 3 · above 91% of the industry

Company
Industry median

Industry: Manufacture of food products (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	108 157 870	1 962 448	2 943 752	28 370 816	23 468 376	55
2024	103 929 205	5 209 131	2 991 910	27 532 168	21 505 928	55
2023	123 883 453	2 243 662	2 639 020	23 789 272	16 296 797	57
2022	129 875 576	13 631	2 010 977	32 231 700	14 053 135	50
2021	93 861 849	1 375 409	1 673 432	30 044 018	14 039 504	46
2020	77 163 256	1 293 161	1 506 069	22 167 167	12 664 095	44
2019	64 576 122	586 621	1 431 359	23 673 067	11 370 934	44
2018	—	—	—	—	—	44
2017	—	—	—	—	—	46
2016	—	—	—	—	—	43
2015	—	—	—	—	—	42
2014	—	—	—	—	—	41
2013	—	—	—	—	—	40
2012	—	—	—	—	—	38

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

1.8 %

Net profit / revenue

Return on equity (ROE)

8.4 %

Net profit / equity

Return on assets (ROA)

6.9 %

Net profit / assets

Equity ratio

82.7 %

Equity / assets

Debt ratio

17.3 %

Liabilities / assets

Current ratio

4.81

Current assets / current liabilities

Revenue per employee

1 966 507 €

Revenue / average full-time employees

Labour cost per employee per month

4 460 €

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	16 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	27 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	25 Jun 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	28 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	20 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	20 Sep 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own · audited	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Ants Puusta
Board member · since 1 Oct 2012

Right of representation

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

Owners

No owner information.

Beneficial owners

Henning Haahr
Member of a senior management body (management or supervisory board) · DNK · since 19 Oct 2018
Henrik Peter Stilund
Member of a senior management body (management or supervisory board) · DNK · since 19 Oct 2018
Steen Bitsch
Member of a senior management body (management or supervisory board) · DNK · since 19 Oct 2018

Founders and other persons

AS Baltic Agro
Founder · 25 000 € · 28 Sep 2012
Grant Thornton Baltic OÜ
Audit firm · 15 Aug 2022
Henning Haahr
Chairman of the supervisory board · 17 Jun 2024
Henrik Peter Stilund
Supervisory board member · 4 Mar 2024
Steen Bitsch
Supervisory board member · 4 Mar 2024
Omanikukonto: AS BALTIC AGRO
Shareholder · 5 000 000 € · 16 Aug 2023

shared board members, owners or beneficial owners

Activities (EMTAK)

10411Manufacture of oils and fats Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20061667 / 9 8 Mar 2024	Amendment entry		In force 8 Mar 2024	PDF
Ä 20061667 / M2 22 Aug 2022	Procedural ruling		In force 22 Aug 2022	PDF
Ä 20061667 / 8 8 Feb 2018	Amendment entry		In force 8 Feb 2018	PDF
Ä 20061667 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20061667 / 6 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 20061667 / 5 22 Apr 2016	Amendment entry		In force 22 Apr 2016	PDF
Ä 20061667 / M1 4 Apr 2016	Ruling to eliminate deficiencies	14 Apr 2016	In force 4 Apr 2016	PDF
Ä 20061667 / 4 19 May 2015	Amendment entry		In force 19 May 2015	PDF
Ä 20061667 / 3 16 Apr 2013	Amendment entry		In force 16 Apr 2013	PDF
Ä 20061667 / 2 20 Nov 2012	Amendment entry		In force 20 Nov 2012	PDF
Ä 20061667 1 Oct 2012	First entry		In force 1 Oct 2012	PDF

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

AS Scanola Baltic

Position in the industry Manufacture of food products · EMTAK 10

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11