AS Baltwood
Active Registry code 12711516
AS Tallinn Registered 29 Aug 2014
AS Baltwood is a AS based in Tallinn, registry code 12711516, status: active. Main activity: Silviculture and other forestry activities. According to EMTA, turnover for Q3 2026 was €1 461 305 with 4 employees.
Turnover
1 461 305 €
↓ 26.1% vs Q2 2026
State taxes
180 355 €
↓ 11.8% vs Q2 2026
Labour taxes
26 287 €
↑ 2.8% vs Q2 2026
Employees
4
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.5 mn €above 98% of companiesindustry median 14 400 € · companies in the industry: 1 834
- Labour taxes per employee 6 572 €above 98% of companiesindustry median 1 226 € · companies in the industry: 1 276
- Revenue · 2025 8.2 mn €above 98% of companiesindustry median 29 224 € · companies in the industry: 2 730
- Net profit margin · 2025 37.7 %above 81% of companiesindustry median 4.9 % · companies in the industry: 2 137
Taxes and turnover
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 1 461 305 | 180 355 | 26 287 | 4 |
| Q2 2026 | 1 976 316 | 204 450 | 25 569 | 4 |
| Q1 2026 | 2 721 942 | 374 632 | 31 776 | 5 |
| Q4 2025 | 2 931 660 | 483 155 | 25 103 | 5 |
| Q3 2025 | 1 561 150 | 197 282 | 27 474 | 4 |
| Q2 2025 | 2 054 809 | 243 325 | 27 378 | 4 |
| Q1 2025 | 3 086 794 | 576 335 | 28 467 | 4 |
| Q4 2024 | 2 547 213 | 423 855 | 24 523 | 4 |
| Q3 2024 | 1 589 862 | 144 939 | 23 685 | 4 |
| Q2 2024 | 2 126 027 | 303 607 | 23 645 | 3 |
| Q1 2024 | 3 198 081 | 196 572 | 23 325 | 4 |
| Q4 2023 | 2 096 577 | 280 006 | 20 766 | 4 |
| Q3 2023 | 1 661 599 | 216 824 | 14 499 | 4 |
| Q2 2023 | 2 855 197 | 194 408 | 13 810 | 3 |
| Q1 2023 | 4 159 005 | 529 472 | 21 943 | 3 |
| Q4 2022 | 3 543 093 | 361 014 | 14 225 | 3 |
| Q3 2022 | 3 641 802 | 431 248 | 12 669 | 3 |
| Q2 2022 | 3 413 050 | 370 923 | 7 645 | 3 |
| Q1 2022 | 3 005 929 | 373 146 | 13 838 | 3 |
Labour taxes per employee per month
2 191 €
Turnover per employee in the quarter
365 326 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Forestry and logging (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 | 8 211 244 | 3 095 612 | 253 034 | 46 023 483 | 35 709 846 | 4 |
| 2024 | 9 748 725 | 2 339 024 | 230 282 | 42 234 712 | 32 614 234 | 4 |
| 2023 | 10 574 932 | 7 754 878 | 181 720 | 38 788 354 | 30 275 210 | 4 |
| 2022 | 14 109 746 | 4 376 577 | 111 805 | 27 522 724 | 22 520 332 | 3 |
| 2021 | 9 409 698 | 2 817 445 | 145 510 | 22 930 643 | 18 143 125 | 4 |
| 2020 | 5 689 232 | 2 066 061 | 148 710 | 19 805 978 | 15 325 680 | 4 |
| 2019 | 5 697 165 | 2 243 949 | 113 294 | 17 619 954 | 13 259 619 | 23 |
| 2018 | — | — | — | — | — | 4 |
| 2017 | — | — | — | — | — | 4 |
| 2016 | — | — | — | — | — | 3 |
| 2015 | — | — | — | — | — | 4 |
| 2014 | — | — | — | — | — | 4 |
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
37.7 %
Net profit / revenue
Return on equity (ROE)
8.7 %
Net profit / equity
Return on assets (ROA)
6.7 %
Net profit / assets
Equity ratio
77.6 %
Equity / assets
Debt ratio
22.4 %
Liabilities / assets
Current ratio
0.78
Current assets / current liabilities
Revenue per employee
2 052 811 €
Revenue / average full-time employees
Labour cost per employee per month
5 272 €
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 | 29 Aug 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 19 Aug 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 10 Jul 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 15 Nov 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 24 Nov 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 14 Dec 2020 | Consolidated · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Andras KaasikBoard member · since 19 Feb 2021
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 41%
Beneficial owners
- Andras KaasikDirect ownership · since 11 Dec 2018
- Ilmar TanilsooDirect ownership · since 11 Dec 2018
Founders and other persons
- Helje KõutsAudit firm · 21 Oct 2016
- Ilmar TanilsooChairman of the supervisory board · 23 Mar 2026
- Katrin KaasikSupervisory board member · 23 Mar 2026
- Triin SeliSupervisory board member · 23 Mar 2026
- Omanikukonto: ILMAR TANILSOOShareholder · 35 200 € · 10 Dec 2024
- Omanikukonto: ANDRAS KAASIKShareholder · 49 280 € · 5 Dec 2025
- Omanikukonto: Külli TanilsooShareholder · 14 080 € · 5 Dec 2025
Related companies
Activities (EMTAK)
- 02101Silviculture and other forestry activities Main
- 01611Support activities for crop production
- 68201Rental and operating of own or leased real estate
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10197436 / M5 14 Jul 2025 |
Warning of a fine: annual report not filed | 13 Aug 2025 | Deficiencies eliminated 1 Oct 2025 |
|
| Ä 10197436 / M4 13 Aug 2024 |
Fine for not filing the report | 3 Sep 2024 | In force 4 Sep 2024 |
|
| Ä 10197436 / M3 7 Jul 2024 |
Warning of a fine: annual report not filed | 6 Aug 2024 | Deficiencies eliminated 5 Sep 2024 |
|
| Ä 10197436 / 8 19 Feb 2021 |
Amendment entry | In force 19 Feb 2021 |
||
| Ä 10197436 / M2 4 Feb 2021 |
Ruling to correct data outside an entry | 6 Mar 2021 | Deficiencies eliminated 10 Feb 2021 |
|
| Ä 10197436 / 7 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 10197436 / 6 7 Dec 2017 |
Amendment entry | In force 7 Dec 2017 |
||
| Ä 10197436 / 5 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10197436 / 4 20 Sep 2017 |
Amendment entry | In force 20 Sep 2017 |
||
| Ä 10197436 / 3 6 Oct 2016 |
Amendment entry | In force 6 Oct 2016 |
||
| Ä 10197436 / 2 29 Aug 2014 |
Third (informative) division entry | In force 29 Aug 2014 |
||
| Ä 10197436 29 Aug 2014 |
First (declaratory) division entry (card of the new company) | In force 29 Aug 2014 |
||
| Ä 10197436 / M1 1 Jul 2014 |
Ruling to eliminate deficiencies | 30 Aug 2014 | Deficiencies eliminated 28 Aug 2014 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data