Connected Baltics OÜ

Active Registry code 14158880 OÜ Tartu linn Registered 28 Nov 2016
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Connected Baltics OÜ is a OÜ based in Tartu linn, registry code 14158880, status: active. Main activity: Other telecommunication activities. According to EMTA, turnover for Q3 2026 was €6 702 with employees.

Turnover
6 702 €
↑ 23.1% vs Q2 2026
State taxes
339 €
↑ 1 783.3% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Telecommunication · EMTAK 61

  • Turnover · Q3 2026 6 702 €
    industry median 27 861 € · companies in the industry: 217
  • Revenue · 2025 20 682 €
    industry median 24 896 € · companies in the industry: 295
  • Net profit margin · 2025 -78.2 %
    industry median 4.1 % · companies in the industry: 222

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 6 702 € · +23.1% vs Q2 2026 · industry median 27 861 € · above 28% of the industry
010 00020 00030 00040 000Q4 2023 Company: 9 504 € Industry median: 31 932 €Q4·23Q1 2024 Company: 4 648 € Industry median: 32 873 €Q2 2024 Company: 6 512 € Industry median: 30 630 €Q2·24Q3 2024 Company: 9 352 € Industry median: 30 981 €Q4 2024 Company: 3 820 € Industry median: 31 663 €Q4·24Q1 2025 Company: 5 567 € Industry median: 30 804 €Q2 2025 Company: 7 676 € Industry median: 28 773 €Q2·25Q3 2025 Company: 4 460 € Industry median: 29 874 €Q4 2025 Company: 6 039 € Industry median: 28 183 €Q4·25Q1 2026 Company: 4 682 € Industry median: 31 356 €Q2 2026 Company: 5 444 € Industry median: 25 656 €Q2·26Q3 2026 Company: 6 702 € Industry median: 27 861 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 3 820 € Industry median: 31 663 €Q1 2025 Company: 5 567 € Industry median: 30 804 €Q1·25Q2 2025 Company: 7 676 € Industry median: 28 773 €Q3 2025 Company: 4 460 € Industry median: 29 874 €Q3·25Q4 2025 Company: 6 039 € Industry median: 28 183 €Q1 2026 Company: 4 682 € Industry median: 31 356 €Q1·26Q2 2026 Company: 5 444 € Industry median: 25 656 €Q3 2026 Company: 6 702 € Industry median: 27 861 €Q3·26
  • Company
  • Industry median

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

State taxes, € Q3 2026: 339 € · +1 783.3% vs Q2 2026
02004006008001 000Q4 2023 Company: 80 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: —Q2·24Q3 2024 Company: 889 €Q4 2024 Company: 195 €Q4·24Q1 2025 Company: 337 €Q2 2025 Company: 511 €Q2·25Q3 2025 Company: 98 €Q4 2025 Company: 427 €Q4·25Q1 2026 Company: 382 €Q2 2026 Company: 18 €Q2·26Q3 2026 Company: 339 €Q3·260200400600Q4 2024 Company: 195 €Q1 2025 Company: 337 €Q1·25Q2 2025 Company: 511 €Q3 2025 Company: 98 €Q3·25Q4 2025 Company: 427 €Q1 2026 Company: 382 €Q1·26Q2 2026 Company: 18 €Q3 2026 Company: 339 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 6 702 339 — —
Q2 2026 5 444 18 — —
Q1 2026 4 682 382 — —
Q4 2025 6 039 427 — —
Q3 2025 4 460 98 — —
Q2 2025 7 676 511 — —
Q1 2025 5 567 337 — —
Q4 2024 3 820 195 — —
Q3 2024 9 352 889 — —
Q2 2024 6 512 — — —
Q1 2024 4 648 — — —
Q4 2023 9 504 80 — —
Q3 2023 1 917 90 — —
Q2 2023 2 821 — — —
Q1 2023 6 748 — — —
Q4 2022 2 867 — — —
Q3 2022 972 — — —
Q2 2022 1 869 — — —
Q1 2022 16 901 — — —

Financials by year

2017 – 2025
Revenue, € 2025: 20 682 € · −15.4% vs 2024 · industry median 24 896 € · above 48% of the industry
010 00020 00030 00040 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 28 798 € Industry median: 34 024 €20192020 Company: 10 561 € Industry median: 32 849 €20202021 Company: 9 147 € Industry median: 31 500 €20212022 Company: 7 920 € Industry median: 29 691 €20222023 Company: 12 247 € Industry median: 23 274 €20232024 Company: 24 453 € Industry median: 28 464 €20242025 Company: 20 682 € Industry median: 24 896 €2025010 00020 00030 00040 0002018 Company: — Industry median: —2019 Company: 28 798 € Industry median: 34 024 €20192020 Company: 10 561 € Industry median: 32 849 €2021 Company: 9 147 € Industry median: 31 500 €20212022 Company: 7 920 € Industry median: 29 691 €2023 Company: 12 247 € Industry median: 23 274 €20232024 Company: 24 453 € Industry median: 28 464 €2025 Company: 20 682 € Industry median: 24 896 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: -16 174 € · −143.8% vs 2024 · industry median 25 € · above 12% of the industry
-150-100-500502017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -141 521 € Industry median: 1 011 €20192020 Company: -133 212 € Industry median: 777 €20202021 Company: -71 039 € Industry median: 503 €20212022 Company: -70 324 € Industry median: 127 €20222023 Company: -61 722 € Industry median: 95 €20232024 Company: 36 967 € Industry median: 306 €20242025 Company: -16 174 € Industry median: 25 €2025-150-100-500502018 Company: — Industry median: —2019 Company: -141 521 € Industry median: 1 011 €20192020 Company: -133 212 € Industry median: 777 €2021 Company: -71 039 € Industry median: 503 €20212022 Company: -70 324 € Industry median: 127 €2023 Company: -61 722 € Industry median: 95 €20232024 Company: 36 967 € Industry median: 306 €2025 Company: -16 174 € Industry median: 25 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: -78.2 % · −229.4 pp vs the year before · industry median 4.1 % · above 7% of the industry
-1 500-1 000-50005002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -491.4 % Industry median: 4.9 %20192020 Company: -1 261.4 % Industry median: 5.4 %20202021 Company: -776.6 % Industry median: 3.5 %20212022 Company: -887.9 % Industry median: 4.1 %20222023 Company: -504.0 % Industry median: 4.7 %20232024 Company: 151.2 % Industry median: 5.5 %20242025 Company: -78.2 % Industry median: 4.1 %2025-1 500-1 000-50005002018 Company: — Industry median: —2019 Company: -491.4 % Industry median: 4.9 %20192020 Company: -1 261.4 % Industry median: 5.4 %2021 Company: -776.6 % Industry median: 3.5 %20212022 Company: -887.9 % Industry median: 4.1 %2023 Company: -504.0 % Industry median: 4.7 %20232024 Company: 151.2 % Industry median: 5.5 %2025 Company: -78.2 % Industry median: 4.1 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 35 313 € · −39.0% vs 2024
0501001502002017 Company: —20172018 Company: —20182019 Company: 167 907 €20192020 Company: 141 972 €20202021 Company: 119 932 €20212022 Company: 99 748 €20222023 Company: 83 967 €20232024 Company: 57 862 €20242025 Company: 35 313 €20250501001502002018 Company: —2019 Company: 167 907 €20192020 Company: 141 972 €2021 Company: 119 932 €20212022 Company: 99 748 €2023 Company: 83 967 €20232024 Company: 57 862 €2025 Company: 35 313 €2025
Equity, € thousand 2025: 4 927 € · −76.7% vs 2024
-800-600-400-20002002017 Company: —20172018 Company: —20182019 Company: -400 713 €20192020 Company: -533 925 €20202021 Company: -604 964 €20212022 Company: 45 856 €20222023 Company: -15 866 €20232024 Company: 21 101 €20242025 Company: 4 927 €2025-800-600-400-20002002018 Company: —2019 Company: -400 713 €20192020 Company: -533 925 €2021 Company: -604 964 €20212022 Company: 45 856 €2023 Company: -15 866 €20232024 Company: 21 101 €2025 Company: 4 927 €2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
01232017 Company: 2 Industry median: —20172018 Company: 3 Industry median: 220182019 Company: 3 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 2202501232018 Company: 3 Industry median: 22019 Company: 3 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 1 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: Telecommunication (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 20 682 -16 174 0 35 313 4 927 0
2024 24 453 36 967 0 57 862 21 101 0
2023 12 247 -61 722 0 83 967 -15 866 0
2022 7 920 -70 324 0 99 748 45 856 0
2021 9 147 -71 039 11 427 119 932 -604 964 1
2020 10 561 -133 212 63 191 141 972 -533 925 2
2019 28 798 -141 521 73 144 167 907 -400 713 3
2018 — — — — — 3
2017 — — — — — 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
-78.2 %
Net profit / revenue
Return on equity (ROE)
-328.3 %
Net profit / equity
Return on assets (ROA)
-45.8 %
Net profit / assets
Equity ratio
14.0 %
Equity / assets
Debt ratio
86.0 %
Liabilities / assets
Current ratio
0.09
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 22 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 8 Apr 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 18 Feb 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 19 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

Founders and other persons

  • Connected Finland Oy
    Founder · 2 500 € · 8 Nov 2016
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 61901Other telecommunication activities Main
Rulings
Number, date Title Deadline State Document
Ä 50042140 / 11
22 Apr 2024
Amendment entry In force
22 Apr 2024
PDF
Ä 50042140 / 10
5 Apr 2024
Amendment entry In force
5 Apr 2024
PDF
Ä 50042140 / 9
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50042140 / 8
22 Dec 2022
Amendment entry In force
22 Dec 2022
PDF
Ä 50042140 / M2
13 Apr 2022
Warning of compulsory dissolution: insufficient net assets 13 Oct 2022 Deficiencies eliminated
10 Jan 2023
PDF
Ä 50042140 / 7
12 Apr 2021
Amendment under Commercial Code § 525 (2) In force
12 Apr 2021
PDF
Ä 50042140 / 6
4 Mar 2020
Amendment under Commercial Code § 525 (2) In force
4 Mar 2020
PDF
Ä 50042140 / 5
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50042140 / 4
12 Dec 2017
Amendment entry In force
12 Dec 2017
PDF
Ä 50042140 / 3
28 Apr 2017
Amendment under Commercial Code § 525 (2) In force
28 Apr 2017
PDF
Ä 50042140 / 2
16 Jan 2017
Amendment entry In force
16 Jan 2017
PDF
Ä 50042140 / M1
13 Jan 2017
Ruling to eliminate deficiencies 28 Jan 2017 Deficiencies eliminated
16 Jan 2017
PDF
Ä 50042140
28 Nov 2016
First entry In force
28 Nov 2016
PDF

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