Vormann Baltic OÜ

Active Registry code 14005515 OÜ Tallinn Registered 2 Mar 2016
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Vormann Baltic OÜ is a OÜ based in Tallinn, registry code 14005515, status: active. Main activity: Wholesale of hardware, plumbing and heating equipment and supplies. According to EMTA, turnover for Q3 2026 was €46 740 with employees.

Turnover
46 740 €
↑ 44.1% vs Q2 2026
State taxes
4 447 €
↓ 59.5% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 46 740 €
    industry median 60 065 € · companies in the industry: 6 941
  • Revenue · 2025 93 944 €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 12.6 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 46 740 € · +44.1% vs Q2 2026 · industry median 60 065 € · above 46% of the industry
020 00040 00060 00080 000Q4 2023 Company: 50 443 € Industry median: 69 842 €Q4·23Q1 2024 Company: 32 838 € Industry median: 60 423 €Q2 2024 Company: 34 402 € Industry median: 66 207 €Q2·24Q3 2024 Company: 32 600 € Industry median: 63 101 €Q4 2024 Company: 36 149 € Industry median: 65 867 €Q4·24Q1 2025 Company: 30 863 € Industry median: 59 713 €Q2 2025 Company: 61 453 € Industry median: 61 800 €Q2·25Q3 2025 Company: 36 263 € Industry median: 59 911 €Q4 2025 Company: 37 332 € Industry median: 59 583 €Q4·25Q1 2026 Company: 23 184 € Industry median: 53 954 €Q2 2026 Company: 32 447 € Industry median: 61 600 €Q2·26Q3 2026 Company: 46 740 € Industry median: 60 065 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 36 149 € Industry median: 65 867 €Q1 2025 Company: 30 863 € Industry median: 59 713 €Q1·25Q2 2025 Company: 61 453 € Industry median: 61 800 €Q3 2025 Company: 36 263 € Industry median: 59 911 €Q3·25Q4 2025 Company: 37 332 € Industry median: 59 583 €Q1 2026 Company: 23 184 € Industry median: 53 954 €Q1·26Q2 2026 Company: 32 447 € Industry median: 61 600 €Q3 2026 Company: 46 740 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q3 2026: 4 447 € · −59.5% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 3 716 €Q4·23Q1 2024 Company: 4 805 €Q2 2024 Company: 2 028 €Q2·24Q3 2024 Company: 3 094 €Q4 2024 Company: 3 683 €Q4·24Q1 2025 Company: 1 247 €Q2 2025 Company: 1 361 €Q2·25Q3 2025 Company: 2 764 €Q4 2025 Company: 3 141 €Q4·25Q1 2026 Company: 7 819 €Q2 2026 Company: 10 978 €Q2·26Q3 2026 Company: 4 447 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 3 683 €Q1 2025 Company: 1 247 €Q1·25Q2 2025 Company: 1 361 €Q3 2025 Company: 2 764 €Q3·25Q4 2025 Company: 3 141 €Q1 2026 Company: 7 819 €Q1·26Q2 2026 Company: 10 978 €Q3 2026 Company: 4 447 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 46 740 4 447 — —
Q2 2026 32 447 10 978 — —
Q1 2026 23 184 7 819 — —
Q4 2025 37 332 3 141 — —
Q3 2025 36 263 2 764 — —
Q2 2025 61 453 1 361 — —
Q1 2025 30 863 1 247 — —
Q4 2024 36 149 3 683 — —
Q3 2024 32 600 3 094 — —
Q2 2024 34 402 2 028 — —
Q1 2024 32 838 4 805 280 —
Q4 2023 50 443 3 716 — —
Q3 2023 51 072 3 756 — —
Q2 2023 42 624 3 069 — —
Q1 2023 45 278 4 698 233 —
Q4 2022 69 385 5 418 — —
Q3 2022 74 071 4 905 — —
Q2 2022 66 392 3 500 — —
Q1 2022 35 031 2 451 — —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 93 944 € · +13.1% vs 2024 · industry median 63 691 € · above 54% of the industry
0501001502002502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 209 184 € Industry median: 78 948 €20192020 Company: 163 882 € Industry median: 67 913 €20202021 Company: 114 243 € Industry median: 71 656 €20212022 Company: 130 717 € Industry median: 75 397 €20222023 Company: 102 034 € Industry median: 63 715 €20232024 Company: 83 057 € Industry median: 60 216 €20242025 Company: 93 944 € Industry median: 63 691 €20250501001502002502018 Company: — Industry median: —2019 Company: 209 184 € Industry median: 78 948 €20192020 Company: 163 882 € Industry median: 67 913 €2021 Company: 114 243 € Industry median: 71 656 €20212022 Company: 130 717 € Industry median: 75 397 €2023 Company: 102 034 € Industry median: 63 715 €20232024 Company: 83 057 € Industry median: 60 216 €2025 Company: 93 944 € Industry median: 63 691 €2025
  • Company
  • Industry median

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

Net profit, € 2025: 11 877 € · −0.5% vs 2024 · industry median 127 € · above 71% of the industry
05 00010 00015 00020 00025 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 16 416 € Industry median: 1 086 €20192020 Company: 23 799 € Industry median: 906 €20202021 Company: 9 981 € Industry median: 1 415 €20212022 Company: 14 426 € Industry median: 889 €20222023 Company: 19 132 € Industry median: 370 €20232024 Company: 11 940 € Industry median: 134 €20242025 Company: 11 877 € Industry median: 127 €202505 00010 00015 00020 00025 0002018 Company: — Industry median: —2019 Company: 16 416 € Industry median: 1 086 €20192020 Company: 23 799 € Industry median: 906 €2021 Company: 9 981 € Industry median: 1 415 €20212022 Company: 14 426 € Industry median: 889 €2023 Company: 19 132 € Industry median: 370 €20232024 Company: 11 940 € Industry median: 134 €2025 Company: 11 877 € Industry median: 127 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 12.6 % · −1.7 pp vs the year before · industry median 2.7 % · above 77% of the industry
051015202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7.8 % Industry median: 3.7 %20192020 Company: 14.5 % Industry median: 4.2 %20202021 Company: 8.7 % Industry median: 4.9 %20212022 Company: 11.0 % Industry median: 4.2 %20222023 Company: 18.8 % Industry median: 3.5 %20232024 Company: 14.4 % Industry median: 2.9 %20242025 Company: 12.6 % Industry median: 2.7 %2025051015202018 Company: — Industry median: —2019 Company: 7.8 % Industry median: 3.7 %20192020 Company: 14.5 % Industry median: 4.2 %2021 Company: 8.7 % Industry median: 4.9 %20212022 Company: 11.0 % Industry median: 4.2 %2023 Company: 18.8 % Industry median: 3.5 %20232024 Company: 14.4 % Industry median: 2.9 %2025 Company: 12.6 % Industry median: 2.7 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 158 260 € · −2.3% vs 2024
0501001502002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 130 576 €20192020 Company: 152 329 €20202021 Company: 154 209 €20212022 Company: 166 463 €20222023 Company: 170 452 €20232024 Company: 161 992 €20242025 Company: 158 260 €20250501001502002018 Company: —2019 Company: 130 576 €20192020 Company: 152 329 €2021 Company: 154 209 €20212022 Company: 166 463 €2023 Company: 170 452 €20232024 Company: 161 992 €2025 Company: 158 260 €2025
Equity, € thousand 2025: 138 665 € · −6.0% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 92 258 €20192020 Company: 116 057 €20202021 Company: 126 038 €20212022 Company: 128 464 €20222023 Company: 147 596 €20232024 Company: 147 536 €20242025 Company: 138 665 €20250501001502018 Company: —2019 Company: 92 258 €20192020 Company: 116 057 €2021 Company: 126 038 €20212022 Company: 128 464 €2023 Company: 147 596 €20232024 Company: 147 536 €2025 Company: 138 665 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 220182019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02018 Company: 0 Industry median: 22019 Company: 0 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • Company
  • Industry median

Industry: Wholesale 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 93 944 11 877 0 158 260 138 665 0
2024 83 057 11 940 0 161 992 147 536 0
2023 102 034 19 132 0 170 452 147 596 0
2022 130 717 14 426 0 166 463 128 464 0
2021 114 243 9 981 0 154 209 126 038 0
2020 163 882 23 799 0 152 329 116 057 0
2019 209 184 16 416 0 130 576 92 258 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 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
12.6 %
Net profit / revenue
Return on equity (ROE)
8.6 %
Net profit / equity
Return on assets (ROA)
7.5 %
Net profit / assets
Equity ratio
87.6 %
Equity / assets
Debt ratio
12.4 %
Liabilities / assets
Current ratio
8.08
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 22 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 3 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 May 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 19 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Mar 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

  • Marek Veiberg
    Member of a senior management body (management or supervisory board) · since 14 Nov 2023

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 4684Wholesale of hardware, plumbing and heating equipment and supplies Main

Rulings 6

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 50025270 / 5
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 50025270 / 4
20 Jan 2018
 Amendment entry In force
20 Jan 2018
 PDF
Ä 50025270 / 3
11 Dec 2017
 Amendment entry In force
11 Dec 2017
 PDF
Ä 50025270 / 2
20 Apr 2016
 Amendment entry In force
20 Apr 2016
 PDF
Ä 50025270 / M1
18 Apr 2016
 Ruling to eliminate deficiencies 3 May 2016 Deficiencies eliminated
20 Apr 2016
 PDF
Ä 50025270
2 Mar 2016
 First entry In force
2 Mar 2016
 PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data