OÜ Balthing

Active Registry code 12717223 OÜ Tartu linn Registered 9 Sep 2014
Compare

OÜ Balthing is a OÜ based in Tartu linn, registry code 12717223, status: active. Main activity: Rental and leasing of recreational and sports goods. According to EMTA, turnover for Q3 2026 was €6 989 with employees.

Turnover
6 989 €
↓ 76.9% vs Q2 2026
State taxes
476 €
↓ 81.0% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Rental and leasing activities · EMTAK 77

  • Turnover · Q3 2026 6 989 €
    industry median 13 500 € · companies in the industry: 1 553
  • Revenue · 2025 45 076 €
    industry median 13 580 € · companies in the industry: 2 612
  • Net profit margin · 2025 5.9 %
    industry median 8.9 % · companies in the industry: 1 944

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 6 989 € · −76.9% vs Q2 2026 · industry median 13 500 € · above 38% of the industry
010 00020 00030 00040 000Q4 2023 Company: 14 644 € Industry median: 12 549 €Q4·23Q1 2024 Company: 14 648 € Industry median: 11 539 €Q2 2024 Company: 17 644 € Industry median: 11 650 €Q2·24Q3 2024 Company: 6 934 € Industry median: 12 968 €Q4 2024 Company: 15 821 € Industry median: 12 979 €Q4·24Q1 2025 Company: 13 392 € Industry median: 11 715 €Q2 2025 Company: 14 869 € Industry median: 11 635 €Q2·25Q3 2025 Company: 20 978 € Industry median: 12 530 €Q4 2025 Company: 10 909 € Industry median: 12 104 €Q4·25Q1 2026 Company: 19 995 € Industry median: 11 923 €Q2 2026 Company: 30 235 € Industry median: 13 106 €Q2·26Q3 2026 Company: 6 989 € Industry median: 13 500 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 15 821 € Industry median: 12 979 €Q1 2025 Company: 13 392 € Industry median: 11 715 €Q1·25Q2 2025 Company: 14 869 € Industry median: 11 635 €Q3 2025 Company: 20 978 € Industry median: 12 530 €Q3·25Q4 2025 Company: 10 909 € Industry median: 12 104 €Q1 2026 Company: 19 995 € Industry median: 11 923 €Q1·26Q2 2026 Company: 30 235 € Industry median: 13 106 €Q3 2026 Company: 6 989 € Industry median: 13 500 €Q3·26
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 476 € · −81.0% vs Q2 2026
01 0002 0003 000Q4 2023 Company: 1 001 €Q4·23Q1 2024 Company: 1 899 €Q2 2024 Company: 1 994 €Q2·24Q3 2024 Company: 640 €Q4 2024 Company: 1 493 €Q4·24Q1 2025 Company: 1 111 €Q2 2025 Company: 1 563 €Q2·25Q3 2025 Company: 2 242 €Q4 2025 Company: 431 €Q4·25Q1 2026 Company: 2 428 €Q2 2026 Company: 2 505 €Q2·26Q3 2026 Company: 476 €Q3·2601 0002 0003 000Q4 2024 Company: 1 493 €Q1 2025 Company: 1 111 €Q1·25Q2 2025 Company: 1 563 €Q3 2025 Company: 2 242 €Q3·25Q4 2025 Company: 431 €Q1 2026 Company: 2 428 €Q1·26Q2 2026 Company: 2 505 €Q3 2026 Company: 476 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 6 989 476 — —
Q2 2026 30 235 2 505 — —
Q1 2026 19 995 2 428 — —
Q4 2025 10 909 431 — —
Q3 2025 20 978 2 242 — —
Q2 2025 14 869 1 563 — —
Q1 2025 13 392 1 111 — —
Q4 2024 15 821 1 493 — —
Q3 2024 6 934 640 — —
Q2 2024 17 644 1 994 — —
Q1 2024 14 648 1 899 — —
Q4 2023 14 644 1 001 121 —
Q3 2023 9 323 1 003 121 1
Q2 2023 13 357 1 325 110 1
Q1 2023 7 857 517 89 1
Q4 2022 7 252 206 89 1
Q3 2022 5 374 375 — 1
Q2 2022 24 241 1 618 — —
Q1 2022 15 898 892 — —

Financials by year

2016 – 2025
Revenue, € 2025: 45 076 € · +4.2% vs 2024 · industry median 13 580 € · above 71% of the industry
020 00040 00060 00080 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 55 955 € Industry median: 19 285 €20192020 Company: 40 171 € Industry median: 16 271 €20202021 Company: 60 014 € Industry median: 17 097 €20212022 Company: 48 335 € Industry median: 17 636 €20222023 Company: 44 833 € Industry median: 16 412 €20232024 Company: 43 266 € Industry median: 14 823 €20242025 Company: 45 076 € Industry median: 13 580 €2025020 00040 00060 00080 0002018 Company: — Industry median: —2019 Company: 55 955 € Industry median: 19 285 €20192020 Company: 40 171 € Industry median: 16 271 €2021 Company: 60 014 € Industry median: 17 097 €20212022 Company: 48 335 € Industry median: 17 636 €2023 Company: 44 833 € Industry median: 16 412 €20232024 Company: 43 266 € Industry median: 14 823 €2025 Company: 45 076 € Industry median: 13 580 €2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 2 674 € · −72.7% vs 2024 · industry median 102 € · above 63% of the industry
010 00020 00030 00040 00050 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 43 246 € Industry median: 850 €20192020 Company: 21 612 € Industry median: 435 €20202021 Company: 13 027 € Industry median: 667 €20212022 Company: 15 366 € Industry median: 440 €20222023 Company: 11 860 € Industry median: 418 €20232024 Company: 9 794 € Industry median: 116 €20242025 Company: 2 674 € Industry median: 102 €2025010 00020 00030 00040 00050 0002018 Company: — Industry median: —2019 Company: 43 246 € Industry median: 850 €20192020 Company: 21 612 € Industry median: 435 €2021 Company: 13 027 € Industry median: 667 €20212022 Company: 15 366 € Industry median: 440 €2023 Company: 11 860 € Industry median: 418 €20232024 Company: 9 794 € Industry median: 116 €2025 Company: 2 674 € Industry median: 102 €2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.9 % · −16.7 pp vs the year before · industry median 8.9 % · above 46% of the industry
0204060802016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 77.3 % Industry median: 11.3 %20192020 Company: 53.8 % Industry median: 11.7 %20202021 Company: 21.7 % Industry median: 13.4 %20212022 Company: 31.8 % Industry median: 12.3 %20222023 Company: 26.5 % Industry median: 11.1 %20232024 Company: 22.6 % Industry median: 9.0 %20242025 Company: 5.9 % Industry median: 8.9 %20250204060802018 Company: — Industry median: —2019 Company: 77.3 % Industry median: 11.3 %20192020 Company: 53.8 % Industry median: 11.7 %2021 Company: 21.7 % Industry median: 13.4 %20212022 Company: 31.8 % Industry median: 12.3 %2023 Company: 26.5 % Industry median: 11.1 %20232024 Company: 22.6 % Industry median: 9.0 %2025 Company: 5.9 % Industry median: 8.9 %2025
  • Company
  • Industry median

Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 133 589 € · +5.1% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 69 611 €20192020 Company: 101 873 €20202021 Company: 117 701 €20212022 Company: 124 245 €20222023 Company: 128 285 €20232024 Company: 127 051 €20242025 Company: 133 589 €20250501001502018 Company: —2019 Company: 69 611 €20192020 Company: 101 873 €2021 Company: 117 701 €20212022 Company: 124 245 €2023 Company: 128 285 €20232024 Company: 127 051 €2025 Company: 133 589 €2025
Equity, € thousand 2025: 122 153 € · +2.2% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 47 820 €20192020 Company: 69 432 €20202021 Company: 82 459 €20212022 Company: 97 825 €20222023 Company: 109 685 €20232024 Company: 119 479 €20242025 Company: 122 153 €202502550751001252018 Company: —2019 Company: 47 820 €20192020 Company: 69 432 €2021 Company: 82 459 €20212022 Company: 97 825 €2023 Company: 109 685 €20232024 Company: 119 479 €2025 Company: 122 153 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Rental and leasing activities (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 45 076 2 674 0 133 589 122 153 0
2024 43 266 9 794 0 127 051 119 479 0
2023 44 833 11 860 944 128 285 109 685 0
2022 48 335 15 366 366 124 245 97 825 0
2021 60 014 13 027 — 117 701 82 459 0
2020 40 171 21 612 — 101 873 69 432 0
2019 55 955 43 246 — 69 611 47 820 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 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
5.9 %
Net profit / revenue
Return on equity (ROE)
2.2 %
Net profit / equity
Return on assets (ROA)
2.0 %
Net profit / assets
Equity ratio
91.4 %
Equity / assets
Debt ratio
8.6 %
Liabilities / assets
Current ratio
3.79
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 27 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 14 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 27 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 4 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jun 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 77211Rental and leasing of recreational and sports goods Main
  • 47631Retail sale of sporting equipment
  • 93121Activities of sports clubs
Rulings
Number, date Title Deadline State Document
Ä 20068795 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20068795 / 8
18 Mar 2020
Amendment entry In force
18 Mar 2020
PDF
Ä 20068795 / M2
10 Mar 2020
Ruling to eliminate deficiencies 9 Apr 2020 Deficiencies eliminated
18 Mar 2020
PDF
Ä 20068795 / 7
10 Mar 2020
Amendment entry In force
10 Mar 2020
PDF
Ä 20068795 / M1
18 Feb 2020
Ruling to eliminate deficiencies 19 Mar 2020 Deficiencies eliminated
18 Mar 2020
PDF
Ä 20068795 / 6
26 Jun 2018
Amendment entry In force
26 Jun 2018
PDF
Ä 20068795 / 5
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 20068795 / 4
20 Dec 2017
Amendment entry In force
20 Dec 2017
PDF
Ä 20068795 / 3
8 Dec 2017
Amendment entry In force
8 Dec 2017
PDF
Ä 20068795 / 2
2 Apr 2015
Amendment entry In force
2 Apr 2015
PDF
Ä 20068795
9 Sep 2014
First entry In force
9 Sep 2014
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data