Baltic Systems OÜ is a OÜ based in Tartu linn, registry code 12784886, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €101 635 with 3 employees.
Turnover
101 635 €
↓ 10.4%vs Q2 2026
State taxes
14 949 €
↓ 12.8%vs Q2 2026
Labour taxes
6 726 €
↑ 0.0%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026101 635 €
above 83% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee2 242 €
above 79% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025461 082 €
above 91% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20254.4 %
above 51% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 101 635 € · −10.4% vs Q2 2026 · industry median 23 017 € · above 83% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 242 € · +0.0% vs Q2 2026 · industry median 1 236 € · above 79% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 14 949 € · −12.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
101 635
14 949
6 726
3
Q2 2026
113 463
17 140
6 726
3
Q1 2026
119 928
12 072
6 752
3
Q4 2025
130 347
13 347
7 049
3
Q3 2025
103 735
9 856
7 049
3
Q2 2025
117 394
17 133
7 198
3
Q1 2025
121 501
10 131
6 762
3
Q4 2024
131 516
12 133
6 638
3
Q3 2024
109 501
10 457
6 638
3
Q2 2024
143 109
9 999
5 091
3
Q1 2024
164 226
16 741
3 941
2
Q4 2023
131 325
5 958
3 753
2
Q3 2023
91 612
7 319
3 753
2
Q2 2023
139 681
12 010
3 753
2
Q1 2023
134 725
6 633
3 342
2
Q4 2022
159 981
9 784
3 225
2
Q3 2022
123 805
7 493
3 225
2
Q2 2022
123 839
11 690
3 225
2
Q1 2022
75 898
5 938
3 121
2
Labour taxes per employee per month
747 €
Turnover per employee in the quarter
33 878 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € thousand 2025: 461 082 € · −12.4% vs 2024 · industry median 37 328 € · above 91% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 20 291 € · +194.0% vs 2024 · industry median 561 € · above 86% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 4.4 % · +8.5 pp vs the year before · industry median 3.9 % · above 51% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 189 517 € · +19.3% vs 2024Equity, € thousand 2025: 116 318 € · +21.1% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 1 · above 75% of the industry
Company
Industry median
Industry: Specialised construction 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
461 082
20 291
73 932
189 517
116 318
3
2024
526 243
-21 577
65 931
158 880
96 027
3
2023
497 601
-5 672
42 613
165 026
117 604
2
2022
441 116
73 431
36 899
174 363
159 337
2
2021
386 173
18 099
34 374
137 490
85 906
2
2020
339 197
27 402
32 236
109 038
67 807
2
2019
130 456
1 429
30 077
51 482
40 405
2
2018
—
—
—
—
—
2
2017
—
—
—
—
—
2
2016
—
—
—
—
—
2
2015
—
—
—
—
—
2
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
4.4 %
Net profit / revenue
Return on equity (ROE)
17.4 %
Net profit / equity
Return on assets (ROA)
10.7 %
Net profit / assets
Equity ratio
61.4 %
Equity / assets
Debt ratio
38.6 %
Liabilities / assets
Current ratio
0.81
Current assets / current liabilities
Revenue per employee
153 694 €
Revenue / average full-time employees
Labour cost per employee per month
2 054 €
Labour costs / employees / 12 months (incl. employer taxes)
