Usaldusfond BaltCap Infrastructure Fund
Active Registry code 14282048
UÜ Tallinn Registered 22 Jun 2017
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Usaldusfond BaltCap Infrastructure Fund is a UÜ based in Tallinn, registry code 14282048, status: active. Main activity: Fund management activities. According to EMTA, turnover for Q3 2026 was €6 006 with employees.
Turnover
6 006 €
↑ 10.6% vs Q2 2026
State taxes
1 441 €
↑ 10.6% vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Activities auxiliary to financial services and insurance activities · EMTAK 66
Turnover · Q3 2026 6 006 €
above 33% of companies
industry median 13 814 € · companies in the industry: 339
Revenue · 2025 0 €
above 5% of companies
industry median 3 200 € · companies in the industry: 1 215
Taxes and turnover
Q2 2024 – Q3 2026
Turnover
State taxes
Turnover , € Q3 2026: 6 006 € · +10.6% vs Q2 2026 · industry median 13 814 € · above 33% of the industry
0 10 000 20 000 30 000 40 000 Q2 2024
Company: 15 750 €
Industry median: 14 307 € Q2·24 Q1 2025
Company: 7 500 €
Industry median: 15 000 € Q1·25 Q2 2025
Company: 1 600 €
Industry median: 14 295 € Q2·25 Q3 2025
Company: 30 800 €
Industry median: 15 833 € Q3·25 Q1 2026
Company: 2 605 €
Industry median: 14 181 € Q1·26 Q2 2026
Company: 5 429 €
Industry median: 13 350 € Q2·26 Q3 2026
Company: 6 006 €
Industry median: 13 814 € Q3·26 0 10 000 20 000 30 000 40 000 Q2 2024
Company: 15 750 €
Industry median: 14 307 € Q2·24 Q1 2025
Company: 7 500 €
Industry median: 15 000 € Q2 2025
Company: 1 600 €
Industry median: 14 295 € Q2·25 Q3 2025
Company: 30 800 €
Industry median: 15 833 € Q1 2026
Company: 2 605 €
Industry median: 14 181 € Q1·26 Q2 2026
Company: 5 429 €
Industry median: 13 350 € Q3 2026
Company: 6 006 €
Industry median: 13 814 € Q3·26 Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
State taxes , € Q3 2026: 1 441 € · +10.6% vs Q2 2026
0 2 000 4 000 6 000 8 000 Q2 2024
Company: 3 465 € Q2·24 Q1 2025
Company: 1 650 € Q1·25 Q2 2025
Company: 352 € Q2·25 Q3 2025
Company: 7 072 € Q3·25 Q1 2026
Company: 625 € Q1·26 Q2 2026
Company: 1 303 € Q2·26 Q3 2026
Company: 1 441 € Q3·26 0 2 000 4 000 6 000 8 000 Q2 2024
Company: 3 465 € Q2·24 Q1 2025
Company: 1 650 € Q2 2025
Company: 352 € Q2·25 Q3 2025
Company: 7 072 € Q1 2026
Company: 625 € Q1·26 Q2 2026
Company: 1 303 € Q3 2026
Company: 1 441 € Q3·26
Financials by year
2017 – 2025
Revenue
Net profit
Assets
Equity
Employees
Revenue , € 2025: 0 € · industry median 3 200 € · above 5% of the industry
0 2 000 4 000 6 000 2017
Company: —
Industry median: — 2017 2018
Company: —
Industry median: — 2018 2019
Company: —
Industry median: 5 400 € 2019 2020
Company: 0 €
Industry median: 3 790 € 2020 2021
Company: —
Industry median: 4 200 € 2021 2022
Company: —
Industry median: 3 539 € 2022 2023
Company: 0 €
Industry median: 3 094 € 2023 2024
Company: 0 €
Industry median: 3 510 € 2024 2025
Company: 0 €
Industry median: 3 200 € 2025 0 2 000 4 000 6 000 2018
Company: —
Industry median: — 2019
Company: —
Industry median: 5 400 € 2019 2020
Company: 0 €
Industry median: 3 790 € 2021
Company: —
Industry median: 4 200 € 2021 2022
Company: —
Industry median: 3 539 € 2023
Company: 0 €
Industry median: 3 094 € 2023 2024
Company: 0 €
Industry median: 3 510 € 2025
Company: 0 €
Industry median: 3 200 € 2025 Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit , € thousand 2025: -6 162 333 € · −211.2% vs 2024 · industry median 80 € · above 2% of the industry
-20 000 -10 000 0 10 000 20 000 2017
Company: —
Industry median: — 2017 2018
Company: —
Industry median: — 2018 2019
Company: 11 428 549 €
Industry median: 502 € 2019 2020
Company: 3 702 286 €
Industry median: 93 € 2020 2021
Company: 13 360 158 €
Industry median: 269 € 2021 2022
Company: 10 917 678 €
Industry median: 0 € 2022 2023
Company: -12 225 712 €
Industry median: 10 € 2023 2024
Company: 5 544 147 €
Industry median: 165 € 2024 2025
Company: -6 162 333 €
Industry median: 80 € 2025 -20 000 -10 000 0 10 000 20 000 2018
Company: —
Industry median: — 2019
Company: 11 428 549 €
Industry median: 502 € 2019 2020
Company: 3 702 286 €
Industry median: 93 € 2021
Company: 13 360 158 €
Industry median: 269 € 2021 2022
Company: 10 917 678 €
Industry median: 0 € 2023
Company: -12 225 712 €
Industry median: 10 € 2023 2024
Company: 5 544 147 €
Industry median: 165 € 2025
Company: -6 162 333 €
Industry median: 80 € 2025 Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets , mn € 2025: 93 655 870 € · −10.1% vs 2024
0 25 50 75 100 125 2017
Company: — 2017 2018
Company: — 2018 2019
Company: 41 913 708 € 2019 2020
Company: 49 683 358 € 2020 2021
Company: 91 091 656 € 2021 2022
Company: 111 873 559 € 2022 2023
Company: 102 672 523 € 2023 2024
Company: 104 120 311 € 2024 2025
Company: 93 655 870 € 2025 0 25 50 75 100 125 2018
Company: — 2019
Company: 41 913 708 € 2019 2020
Company: 49 683 358 € 2021
Company: 91 091 656 € 2021 2022
Company: 111 873 559 € 2023
Company: 102 672 523 € 2023 2024
Company: 104 120 311 € 2025
Company: 93 655 870 € 2025
Equity , mn € 2025: 2 548 775 € · −70.7% vs 2024
0 25 50 75 100 125 2017
Company: — 2017 2018
Company: — 2018 2019
Company: 41 902 282 € 2019 2020
Company: 49 679 568 € 2020 2021
Company: 83 684 448 € 2021 2022
Company: 103 943 675 € 2022 2023
Company: 98 248 032 € 2023 2024
Company: 8 711 107 € 2024 2025
Company: 2 548 775 € 2025 0 25 50 75 100 125 2018
Company: — 2019
Company: 41 902 282 € 2019 2020
Company: 49 679 568 € 2021
Company: 83 684 448 € 2021 2022
Company: 103 943 675 € 2023
Company: 98 248 032 € 2023 2024
Company: 8 711 107 € 2025
Company: 2 548 775 € 2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.0 0.2 0.4 0.6 0.8 1.0 2017
Company: 0
Industry median: — 2017 2018
Company: 0
Industry median: 1 2018 2019
Company: 0
Industry median: 1 2019 2020
Company: 0
Industry median: 1 2020 2021
Company: 0
Industry median: 1 2021 2022
Company: 0
Industry median: 1 2022 2023
Company: 0
Industry median: 1 2023 2024
Company: 0
Industry median: 1 2024 2025
Company: 0
Industry median: 1 2025 0.0 0.2 0.4 0.6 0.8 1.0 2018
Company: 0
Industry median: 1 2019
Company: 0
Industry median: 1 2019 2020
Company: 0
Industry median: 1 2021
Company: 0
Industry median: 1 2021 2022
Company: 0
Industry median: 1 2023
Company: 0
Industry median: 1 2023 2024
Company: 0
Industry median: 1 2025
Company: 0
Industry median: 1 2025 Industry: Activities auxiliary to financial services and insurance activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
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
Annual reports
PDFs from e-Äriregister
Annual reports
Year
Period
Filed
Report
Documents
2025
1 Jan 2025 – 31 Dec 2025
30 Jun 2026
Company’s own · audited
e-Äriregister
2024
1 Jan 2024 – 31 Dec 2024
30 Jun 2025
Company’s own · audited
e-Äriregister
2023
1 Jan 2023 – 31 Dec 2023
31 Dec 2024
Company’s own · audited
e-Äriregister
2022
1 Jan 2022 – 31 Dec 2022
7 Mar 2023
Company’s own · audited
e-Äriregister
2021
1 Jan 2021 – 31 Dec 2021
30 Jun 2022
Company’s own · audited
e-Äriregister
2020
1 Jan 2020 – 31 Dec 2020
30 Jun 2021
Company’s own · audited
e-Äriregister
2019
1 Jan 2019 – 31 Dec 2019
31 Oct 2020
Company’s own · audited
e-Äriregister
Board
Right of representation
Any general partner may represent the limited partnership in all transactions.
Owners
No owner information.
Beneficial owners
Sandijs Abolins-Abols Member of a senior management body (management or supervisory board) · LVA · since 17 Mar 2026
Šarūnas Alekna Member of a senior management body (management or supervisory board) · LTU · since 17 Mar 2026
Dagnis Dreimanis Member of a senior management body (management or supervisory board) · LVA · since 25 Oct 2018
Martin Kõdar Member of a senior management body (management or supervisory board) · since 25 Oct 2018
Peeter Saks Member of a senior management body (management or supervisory board) · since 25 Oct 2018
Founders and other persons
No other persons.
shared board members, owners or beneficial owners
AS BaltCap Active Peeter Saks, Martin Kõdar, Šarūnas Alekna +2
OÜ BaltCap Private Equity Management III Active Peeter Saks, Martin Kõdar, Šarūnas Alekna +2
Aktsiaselts Hansab Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
Aktsiaselts Kids press Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
BaltCap Growth Fund EuVECA usaldusfond Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
BaltCap Infrastructure Fund II usaldusfond Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
BCDAB Invest OÜ Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
BT Investeeringud OÜ Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
Fitek AS Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
Osaühing Hansab Group Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
OÜ Probatio Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
RAHVA RAAMAT Aktsiaselts Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
Replicant IT OÜ Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
Vendrai OÜ Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +2
OÜ Baltcap Growth Fund Management Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
OÜ BaltCap Infrastructure Management II Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
AS Piletilevi PLG Active Peeter Saks, Šarūnas Alekna, Dagnis Dreimanis +1
BaltCap Private Equity Fund III usaldusfond Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
BPEF III Feeder Fund usaldusfond Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
BPEF III Supplementary Investment Facility usaldusfond Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
FCR Media Group OÜ Active Peeter Saks, Šarūnas Alekna, Sandijs Abolins-Abols +1
OÜ Baltcap Infrastructure Management Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Coffee Address OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
EC MLT OÜ Active Peeter Saks, Šarūnas Alekna, Martin Kõdar
Entringo OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Literaat Restod OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
NRG HoldCo OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Osaühing Tradehouse Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
OÜ Hansab IT Solutions Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Rahva Raamat Kirjastus OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Viru Elektrivõrgud OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Viru Energo OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Workland M25 OÜ Active Peeter Saks, Dagnis Dreimanis, Martin Kõdar
Delamode Estonia OÜ Active Peeter Saks, Dagnis Dreimanis
Fitek Holding OÜ Active Peeter Saks, Martin Kõdar
GPCap HoldCo OÜ Active Peeter Saks, Martin Kõdar
Covest OÜ Active Peeter Saks
mittetulundusühing "FinanceEstonia" Active Peeter Saks
CaPS Baltic OÜ Active Martin Kõdar
OÜ Adrapuu Active Martin Kõdar
Activities (EMTAK)
66301 Fund management activities
Main
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗
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