OÜ Rail Baltic Estonia
Active Registry code 12734109
OÜ Tallinn Registered 10 Oct 2014
OÜ Rail Baltic Estonia is a OÜ based in Tallinn, registry code 12734109, status: active. Main activity: Activities of holding companies. According to EMTA, turnover for Q3 2026 was €392 875 with 173 employees.
Turnover
392 875 €
↑ 86.3% vs Q2 2026
State taxes
0 €
Labour taxes
1 144 547 €
↓ 36.6% vs Q2 2026
Employees
173
+9 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 392 875 €above 90% of companiesindustry median 13 555 € · companies in the industry: 547
- Labour taxes per employee 6 616 €above 78% of companiesindustry median 2 214 € · companies in the industry: 443
Taxes and turnover
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (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 | 392 875 | — | 1 144 547 | 173 |
| Q2 2026 | 210 865 | — | 1 804 356 | 164 |
| Q1 2026 | 421 253 | — | 1 062 549 | 165 |
| Q4 2025 | 9 254 | — | 1 090 682 | 159 |
| Q3 2025 | 4 455 | — | 1 059 875 | 158 |
| Q2 2025 | 2 645 | — | 972 634 | 146 |
| Q1 2025 | 102 004 | 1 285 361 | 1 375 497 | 139 |
| Q4 2024 | 926 | — | 799 511 | 129 |
| Q3 2024 | 19 340 | — | 727 021 | 126 |
| Q2 2024 | 52 692 | — | 953 332 | 113 |
| Q1 2024 | 477 384 | 571 534 | 597 957 | 107 |
| Q4 2023 | 4 739 | — | 543 140 | 97 |
| Q3 2023 | 261 019 | 11 633 | 513 066 | 91 |
| Q2 2023 | 40 832 | 541 754 | 575 131 | 85 |
| Q1 2023 | 14 410 | — | 417 289 | 77 |
| Q4 2022 | 64 884 | — | 397 540 | 70 |
| Q3 2022 | 40 | 369 634 | 386 954 | 68 |
| Q2 2022 | 6 984 | 450 276 | 477 641 | 64 |
| Q1 2022 | 18 100 | — | 313 525 | 60 |
Labour taxes per employee per month
2 205 €
Turnover per employee in the quarter
2 271 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Financial service activities, except insurance and pension funding (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 | — | 200 126 901 | 9 308 010 | 478 876 152 | 402 119 069 | 165 |
| 2024 | — | 96 914 928 | 6 497 671 | 249 197 008 | 197 992 168 | 117 |
| 2023 | — | 32 337 343 | 3 871 407 | 123 457 990 | 94 077 240 | 102 |
| 2022 | — | 28 459 471 | 2 676 347 | 74 683 253 | 61 739 897 | 65 |
| 2021 | — | 11 614 652 | 1 937 298 | 39 850 869 | 30 467 646 | 51 |
| 2020 | — | 12 006 975 | 1 083 313 | 28 399 833 | 18 620 557 | 29 |
| 2019 | — | 1 385 317 | 1 011 665 | 8 002 354 | 6 613 582 | 16 |
| 2018 | — | — | — | — | — | 11 |
| 2017 | — | — | — | — | — | 6 |
| 2016 | — | — | — | — | — | 4 |
| 2015 | — | — | — | — | — | 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
Return on equity (ROE)
49.8 %
Net profit / equity
Return on assets (ROA)
41.8 %
Net profit / assets
Equity ratio
84.0 %
Equity / assets
Debt ratio
16.0 %
Liabilities / assets
Current ratio
0.85
Current assets / current liabilities
Labour cost per employee per month
4 701 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 20 Apr 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 May 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 18 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 18 May 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 18 May 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 3 Jul 2020 | Company’s own · audited | e-Äriregister |
Board
- Anvar SalometsBoard member · since 5 Apr 2022
- Taavi LajaBoard member · since 5 Apr 2022
- Lauri UlmBoard member · since 11 Nov 2024
- Nasdaq CSD SEKeeper of the share register · since 28 Sep 2017
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: KLIIMAMINISTEERIUMLegal person · 70001231 · 29 228 265 €
Beneficial owners
- Merle KurvitsMember of a senior management body (management or supervisory board) · since 12 Aug 2026
- Anvar SalometsMember of a senior management body (management or supervisory board) · since 26 May 2025
- Kuldar LeisRight to appoint or remove most of the management · since 26 May 2025
- Lauri UlmMember of a senior management body (management or supervisory board) · since 26 May 2025
- Taavi LajaMember of a senior management body (management or supervisory board) · since 26 May 2025
- Andres LindemannMember of a senior management body (management or supervisory board) · since 25 Jun 2024
- Andres AgukasMember of a senior management body (management or supervisory board) · since 12 Apr 2024
- Mari LahtmetsMember of a senior management body (management or supervisory board) · since 9 Dec 2022
Founders and other persons
- Eesti VabariikFounder · 2 500 € · 3 Oct 2014
- Ernst & Young Baltic ASAudit firm · 21 Nov 2019
- Andres AgukasChairman of the supervisory board · 16 Nov 2023
- Mari LahtmetsSupervisory board member · 17 Apr 2024
- Andres LindemannSupervisory board member · 30 Apr 2024
- Merle KurvitsSupervisory board member · 4 Jun 2026
Related companies
Activities (EMTAK)
- 64201Activities of holding companies Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10200979 / 28 3 Sep 2026 |
Amendment entry | In force 3 Sep 2026 |
||
| Ä 10200979 / 27 23 Dec 2025 |
Amendment entry | In force 23 Dec 2025 |
||
| Ä 10200979 / 26 27 Mar 2025 |
Amendment entry | In force 27 Mar 2025 |
||
| Ä 10200979 / 25 21 Nov 2024 |
Amendment entry | In force 21 Nov 2024 |
||
| Ä 10200979 / M9 15 Nov 2024 |
Ruling to eliminate deficiencies | 3 Dec 2024 | Deficiencies eliminated 18 Nov 2024 |
|
| Ä 10200979 / 24 11 Nov 2024 |
Amendment entry | In force 11 Nov 2024 |
||
| Ä 10200979 / 23 1 Feb 2024 |
Amendment entry | In force 1 Feb 2024 |
||
| Ä 10200979 / 22 25 Nov 2022 |
Amendment entry | In force 25 Nov 2022 |
||
| Ä 10200979 / 21 19 Sep 2022 |
Amendment under Commercial Code § 525 (2) | In force 19 Sep 2022 |
||
| Ä 10200979 / 20 5 Apr 2022 |
Amendment entry | In force 5 Apr 2022 |
||
| Ä 10200979 / M8 4 Apr 2022 |
Ruling to eliminate deficiencies | 14 Apr 2022 | Deficiencies eliminated 5 Apr 2022 |
|
| Ä 10200979 / 19 5 Nov 2021 |
Amendment entry | In force 5 Nov 2021 |
||
| Ä 10200979 / 18 14 Apr 2021 |
Amendment entry | In force 14 Apr 2021 |
||
| Ä 10200979 / 17 3 Mar 2020 |
Amendment entry | In force 3 Mar 2020 |
||
| Ä 10200979 / 16 3 Dec 2019 |
Amendment entry | In force 3 Dec 2019 |
||
| Ä 10200979 / M7 2 Dec 2019 |
Ruling to eliminate deficiencies | 16 Dec 2019 | Deficiencies eliminated 3 Dec 2019 |
|
| Ä 10200979 / 15 20 May 2019 |
Amendment entry | In force 20 May 2019 |
||
| Ä 10200979 / 14 4 Mar 2019 |
Amendment entry | In force 4 Mar 2019 |
||
| Ä 10200979 / 13 21 Jan 2019 |
Amendment entry | In force 21 Jan 2019 |
||
| Ä 10200979 / 12 3 Aug 2018 |
Amendment entry | In force 3 Aug 2018 |
||
| Ä 10200979 / M6 12 Jul 2018 |
Procedural ruling | In force 12 Jul 2018 |
||
| Ä 10200979 / 11 8 May 2018 |
Amendment entry | In force 8 May 2018 |
||
| Ä 10200979 / 10 24 Apr 2018 |
Amendment entry | In force 24 Apr 2018 |
||
| Ä 10200979 / 9 19 Jan 2018 |
Amendment entry | In force 19 Jan 2018 |
||
| Ä 10200979 / M5 19 Dec 2017 |
Ruling to eliminate deficiencies | 18 Jan 2018 | Deficiencies eliminated 19 Dec 2017 |
|
| Ä 10200979 / 8 19 Dec 2017 |
Amendment entry | In force 19 Dec 2017 |
||
| Ä 10200979 / 7 8 Dec 2017 |
Amendment entry | In force 8 Dec 2017 |
||
| Ä 10200979 / 6 1 Nov 2017 |
Amendment entry | In force 1 Nov 2017 |
||
| Ä 10200979 / M4 4 Oct 2017 |
Ruling to eliminate deficiencies | 24 Oct 2017 | Deficiencies eliminated 1 Nov 2017 |
|
| Ä 10200979 / 5 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 10200979 / M3 30 Dec 2016 |
Ruling to correct data outside an entry | 29 Jan 2017 | Deficiencies eliminated 2 Jan 2017 |
|
| Ä 10200979 / 4 16 Aug 2016 |
Amendment entry | In force 16 Aug 2016 |
||
| Ä 10200979 / 3 13 May 2016 |
Amendment entry | In force 13 May 2016 |
||
| Ä 10200979 / 2 3 May 2016 |
Entry refused: deficiencies not eliminated | In force 18 May 2016 |
||
| Ä 10200979 / M2 15 Apr 2016 |
Ruling to eliminate deficiencies | 30 Apr 2016 | In force 15 Apr 2016 |
|
| Ä 10200979 / M1 31 Mar 2016 |
Procedural ruling | In force 31 Mar 2016 |
||
| Ä 10200979 10 Oct 2014 |
First entry | In force 10 Oct 2014 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data