Fluctus Baltic OÜ

Active Registry code 12889645 OÜ Tallinn Registered 4 Aug 2015

Fluctus Baltic OÜ is a OÜ based in Tallinn, registry code 12889645, status: active. Main activity: Other testing and analysis. According to EMTA, turnover for Q3 2026 was €206 344 with 4 employees.

Turnover

206 344 €

↓ 89.0% vs Q2 2026

State taxes

0 €

Labour taxes

26 432 €

↑ 7.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

Turnover · Q3 2026 206 344 €

above 94% of companies

industry median 16 250 € · companies in the industry: 2 781
Labour taxes per employee 6 608 €

above 98% of companies

industry median 1 751 € · companies in the industry: 1 910
Revenue · 2024 262 757 €

above 91% of companies

industry median 22 098 € · companies in the industry: 4 864
Net profit margin · 2024 -5.5 %

above 21% of companies

industry median 15.3 % · companies in the industry: 3 918

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 206 344 € · −89.0% vs Q2 2026 · industry median 16 250 € · above 94% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 608 € · +7.3% vs Q2 2026 · industry median 1 751 € · above 98% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	206 344	—	26 432	4
Q2 2026	1 874 351	—	24 624	4
Q1 2026	1 564 393	—	25 323	4
Q4 2025	1 378 636	—	26 056	4
Q3 2025	1 457 816	—	26 129	4
Q2 2025	1 486 568	—	25 194	4
Q1 2025	289 394	—	25 197	4
Q4 2024	1 683 608	—	23 110	4
Q3 2024	117 210	—	24 609	4
Q2 2024	130 872	—	21 115	4
Q1 2024	1 593 697	22 756	23 768	4
Q4 2023	146 597	—	22 270	4
Q3 2023	114 517	—	22 639	4
Q2 2023	1 775 822	—	20 985	4
Q1 2023	2 598 903	—	23 073	4
Q4 2022	1 253 494	—	21 721	4
Q3 2022	2 285 674	—	21 356	3
Q2 2022	1 882 538	—	18 728	3
Q1 2022	231 699	—	23 166	3

Labour taxes per employee per month

2 203 €

Turnover per employee in the quarter

51 586 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2024: 262 757 € · +0.1% vs 2023 · industry median 22 098 € · above 91% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2024: -14 371 € · −64.7% vs 2023 · industry median 1 691 € · above 6% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2024: -5.5 % · −2.1 pp vs the year before · industry median 15.3 % · above 21% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 171 057 € · −9.7% vs 2023

Equity, € thousand 2024: 129 552 € · −10.0% vs 2023

Employees 2025: 4 · +0.0% vs 2024 · industry median 1 · above 85% of the industry

Company
Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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	—	—	—	—	—	4
2024	262 757	-14 371	212 013	171 057	129 552	4
2023	262 583	-8 724	214 167	189 493	143 924	4
2022	—	—	—	—	—	4
2021	—	—	—	—	—	4
2020	—	—	—	—	—	4
2019	3 377 130	-37 479	158 933	796 962	55 260	4
2018	—	—	—	—	—	3
2017	—	—	—	—	—	3
2016	—	—	—	—	—	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 2024

Net profit margin

-5.5 %

Net profit / revenue

Return on equity (ROE)

-11.1 %

Net profit / equity

Return on assets (ROA)

-8.4 %

Net profit / assets

Equity ratio

75.7 %

Equity / assets

Debt ratio

24.3 %

Liabilities / assets

Current ratio

4.12

Current assets / current liabilities

Revenue per employee

65 689 €

Revenue / average full-time employees

Labour cost per employee per month

4 417 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	15 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	9 Aug 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 Feb 2024	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	12 Dec 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	11 May 2023	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Sep 2020	Company’s own	e-Äriregister

Board

Runar Hatlevik
Board member · since 18 Mar 2016

Right of representation

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

Owners

FLUCTUS AS
Legal person · 2 500 €

100%

Beneficial owners

Runar Hatlevik
Member of a senior management body (management or supervisory board) · NOR · since 18 Oct 2018

Founders and other persons

Runar Hatlevik
Founder · 2 500 € · 31 Jul 2015

Activities (EMTAK)

71209Other testing and analysis Main
46191Activities of agents involved in non-specialised wholesale

Rulings 17

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50012521 / 10 24 May 2025	Amendment entry		In force 24 May 2025	PDF
Ä 50012521 / M7 7 May 2024	Ruling to eliminate deficiencies in the annual report	6 Jun 2024	In force 7 May 2024	PDF
Ä 50012521 / M6 16 Feb 2024	Warning of a fine: deficiencies in the annual report	16 Apr 2024	Deficiencies eliminated 9 Aug 2024	PDF
Ä 50012521 / M5 13 Dec 2023	Ruling to eliminate deficiencies in the annual report	12 Jan 2024	Deficiencies eliminated 9 Aug 2024	PDF
Ä 50012521 / M4 25 Nov 2023	Warning of deletion from the register: annual report not filed	28 Feb 2024	Deficiencies eliminated 2 Feb 2024	PDF
Ä 50012521 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50012521 / 8 4 May 2023	Amendment entry		In force 4 May 2023	PDF
Ä 50012521 / M3 25 May 2022	Warning of a fine: annual report not filed	24 Jun 2022	In force 25 May 2022	PDF
Ä 50012521 / M2 22 Oct 2018	Ruling to eliminate deficiencies	1 Nov 2018	Deficiencies eliminated 22 Oct 2018	PDF
Ä 50012521 / 7 22 Oct 2018	Amendment entry		In force 22 Oct 2018	PDF
Ä 50012521 / 6 20 Jan 2018	Amendment entry		In force 20 Jan 2018	PDF
Ä 50012521 / 5 10 Dec 2017	Amendment entry		In force 10 Dec 2017	PDF
Ä 50012521 / M1 11 Apr 2016	Public service of a ruling in Ametlikud Teadaanded		In force 11 Apr 2016	PDF
Ä 50012521 / 4 11 Apr 2016	Amendment entry		In force 11 Apr 2016	PDF
Ä 50012521 / 3 7 Apr 2016	Entry made by the register on its own initiative		In force 7 Apr 2016	PDF
Ä 50012521 / 2 18 Mar 2016	Amendment entry		In force 18 Mar 2016	PDF
Ä 50012521 4 Aug 2015	First entry		In force 4 Aug 2015	PDF

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