BioBag Baltic OÜ

Active Registry code 14003640 OÜ Tallinn Registered 29 Feb 2016

BioBag Baltic OÜ is a OÜ based in Tallinn, registry code 14003640, status: active. Main activity: Retail sale of goods n.e.c.. According to EMTA, turnover for Q3 2026 was €114 840 with 3 employees.

Turnover

114 840 €

↓ 24.1% vs Q2 2026

State taxes

17 876 €

↑ 81.0% vs Q2 2026

Labour taxes

6 849 €

↑ 3.6% vs Q2 2026

Employees

+1 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 114 840 €

above 78% of companies

industry median 23 662 € · companies in the industry: 7 651
Labour taxes per employee 2 283 €

above 80% of companies

industry median 1 201 € · companies in the industry: 4 662
Revenue · 2025 479 525 €

above 89% of companies

industry median 16 963 € · companies in the industry: 13 501
Net profit margin · 2025 1.1 %

above 48% of companies

industry median 1.3 % · companies in the industry: 9 479

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 114 840 € · −24.1% vs Q2 2026 · industry median 23 662 € · above 78% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 283 € · −30.9% vs Q2 2026 · industry median 1 201 € · above 80% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +50.0% vs Q2 2026

State taxes, € Q3 2026: 17 876 € · +81.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	114 840	17 876	6 849	3
Q2 2026	151 342	9 876	6 611	2
Q1 2026	108 895	16 221	7 011	2
Q4 2025	136 533	10 820	8 035	2
Q3 2025	115 185	17 957	7 369	2
Q2 2025	107 840	12 814	7 128	2
Q1 2025	115 764	9 856	7 868	2
Q4 2024	145 875	14 119	7 676	2
Q3 2024	139 788	20 886	7 762	2
Q2 2024	223 330	23 911	9 664	2
Q1 2024	145 285	10 227	7 780	3
Q4 2023	133 195	10 743	7 544	2
Q3 2023	103 596	11 313	7 999	2
Q2 2023	169 634	10 127	7 687	2
Q1 2023	71 789	6 983	3 230	2
Q4 2022	72 226	5 641	3 403	2
Q3 2022	61 567	4 160	3 323	2
Q2 2022	138 506	332	—	2
Q1 2022	41 795	1 968	—	1

Labour taxes per employee per month

761 €

Turnover per employee in the quarter

38 280 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 479 525 € · −25.4% vs 2024 · industry median 16 963 € · above 89% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 5 048 € · −66.3% vs 2024 · industry median 0 € · above 80% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 1.1 % · −1.3 pp vs the year before · industry median 1.3 % · above 48% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 199 259 € · +2.5% vs 2024

Equity, € thousand 2025: 117 718 € · +4.5% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 2 · above 50% of the industry

Company
Industry median

Industry: Retail trade (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	479 525	5 048	70 014	199 259	117 718	2
2024	642 729	14 963	77 724	194 371	112 670	2
2023	493 516	3 411	70 656	225 071	97 707	2
2022	332 913	1 173	21 280	155 287	94 296	1
2021	378 392	26 756	17 327	125 460	93 123	1
2020	259 676	19 084	18 653	95 232	66 367	1
2019	232 596	5 487	23 971	93 345	47 283	2
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	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

Net profit margin

1.0 %

Net profit / revenue

Return on equity (ROE)

4.3 %

Net profit / equity

Return on assets (ROA)

2.5 %

Net profit / assets

Equity ratio

59.1 %

Equity / assets

Debt ratio

40.9 %

Liabilities / assets

Current ratio

2.44

Current assets / current liabilities

Revenue per employee

241 046 €

Revenue / average full-time employees

Labour cost per employee per month

2 917 €

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

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	8 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	28 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	24 May 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	22 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	21 Jul 2020	Company’s own	e-Äriregister

Board

Madis Tafenau
Board member · since 29 Feb 2016
Jørn Hermann Johansen
Board member · since 21 Nov 2018
Kristo Kängsepp
Board member · since 6 Dec 2022

Right of representation

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

Owners

BioBag International AS
Legal person · 1 346 €

35%
Kristo Kängsepp
Natural person · 1 250 €

32.50%
Madis Tafenau
Natural person · 1 250 €

32.50%

Beneficial owners

Kristo Kängsepp
Direct ownership · since 21 Nov 2022
Madis Tafenau
Direct ownership · since 25 Sep 2018

Founders and other persons

Kerli Kaaleste
Founder · 1 250 € · 28 Feb 2016
Madis Tafenau
Founder · 1 250 € · 28 Feb 2016

shared board members, owners or beneficial owners

Activities (EMTAK)

47789Retail sale of goods n.e.c. Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50025064 / 10 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 50025064 / 9 6 Feb 2023	Amendment under Code of Civil Procedure § 595¹ (1)	In force 6 Feb 2023	PDF
Ä 50025064 / 8 6 Dec 2022	Amendment entry	In force 6 Dec 2022	PDF
Ä 50025064 / 7 30 Nov 2018	Amendment entry	In force 30 Nov 2018	PDF
Ä 50025064 / 6 21 Nov 2018	Amendment entry	In force 21 Nov 2018	PDF
Ä 50025064 / 5 26 Sep 2018	Amendment entry	In force 26 Sep 2018	PDF
Ä 50025064 / 4 11 Sep 2018	Amendment under Commercial Code § 525 (2)	In force 11 Sep 2018	PDF
Ä 50025064 / 3 20 Jan 2018	Amendment entry	In force 20 Jan 2018	PDF
Ä 50025064 / 2 11 Dec 2017	Amendment entry	In force 11 Dec 2017	PDF
Ä 50025064 29 Feb 2016	First entry	In force 29 Feb 2016	PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data

BioBag Baltic OÜ

Position in the industry Retail trade · EMTAK 47

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10