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
Labour taxes
0 €
Employees
—

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 €
    industry median 13 814 € · companies in the industry: 339
  • Revenue · 2025 0 €
    industry median 3 200 € · companies in the industry: 1 215

Taxes and turnover

Q2 2024 – Q3 2026
Turnover, € Q3 2026: 6 006 € · +10.6% vs Q2 2026 · industry median 13 814 € · above 33% of the industry
010 00020 00030 00040 000Q2 2024 Company: 15 750 € Industry median: 14 307 €Q2·24Q1 2025 Company: 7 500 € Industry median: 15 000 €Q1·25Q2 2025 Company: 1 600 € Industry median: 14 295 €Q2·25Q3 2025 Company: 30 800 € Industry median: 15 833 €Q3·25Q1 2026 Company: 2 605 € Industry median: 14 181 €Q1·26Q2 2026 Company: 5 429 € Industry median: 13 350 €Q2·26Q3 2026 Company: 6 006 € Industry median: 13 814 €Q3·26010 00020 00030 00040 000Q2 2024 Company: 15 750 € Industry median: 14 307 €Q2·24Q1 2025 Company: 7 500 € Industry median: 15 000 €Q2 2025 Company: 1 600 € Industry median: 14 295 €Q2·25Q3 2025 Company: 30 800 € Industry median: 15 833 €Q1 2026 Company: 2 605 € Industry median: 14 181 €Q1·26Q2 2026 Company: 5 429 € Industry median: 13 350 €Q3 2026 Company: 6 006 € Industry median: 13 814 €Q3·26
  • Company
  • Industry median

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
02 0004 0006 0008 000Q2 2024 Company: 3 465 €Q2·24Q1 2025 Company: 1 650 €Q1·25Q2 2025 Company: 352 €Q2·25Q3 2025 Company: 7 072 €Q3·25Q1 2026 Company: 625 €Q1·26Q2 2026 Company: 1 303 €Q2·26Q3 2026 Company: 1 441 €Q3·2602 0004 0006 0008 000Q2 2024 Company: 3 465 €Q2·24Q1 2025 Company: 1 650 €Q2 2025 Company: 352 €Q2·25Q3 2025 Company: 7 072 €Q1 2026 Company: 625 €Q1·26Q2 2026 Company: 1 303 €Q3 2026 Company: 1 441 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 6 006 1 441 — —
Q2 2026 5 429 1 303 — —
Q1 2026 2 605 625 — —
Q3 2025 30 800 7 072 — —
Q2 2025 1 600 352 — —
Q1 2025 7 500 1 650 — —
Q2 2024 15 750 3 465 — —

Financials by year

2017 – 2025
Revenue, € 2025: 0 € · industry median 3 200 € · above 5% of the industry
02 0004 0006 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: — Industry median: 5 400 €20192020 Company: 0 € Industry median: 3 790 €20202021 Company: — Industry median: 4 200 €20212022 Company: — Industry median: 3 539 €20222023 Company: 0 € Industry median: 3 094 €20232024 Company: 0 € Industry median: 3 510 €20242025 Company: 0 € Industry median: 3 200 €202502 0004 0006 0002018 Company: — Industry median: —2019 Company: — Industry median: 5 400 €20192020 Company: 0 € Industry median: 3 790 €2021 Company: — Industry median: 4 200 €20212022 Company: — Industry median: 3 539 €2023 Company: 0 € Industry median: 3 094 €20232024 Company: 0 € Industry median: 3 510 €2025 Company: 0 € Industry median: 3 200 €2025
  • Company
  • Industry median

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 000010 00020 0002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 11 428 549 € Industry median: 502 €20192020 Company: 3 702 286 € Industry median: 93 €20202021 Company: 13 360 158 € Industry median: 269 €20212022 Company: 10 917 678 € Industry median: 0 €20222023 Company: -12 225 712 € Industry median: 10 €20232024 Company: 5 544 147 € Industry median: 165 €20242025 Company: -6 162 333 € Industry median: 80 €2025-20 000-10 000010 00020 0002018 Company: — Industry median: —2019 Company: 11 428 549 € Industry median: 502 €20192020 Company: 3 702 286 € Industry median: 93 €2021 Company: 13 360 158 € Industry median: 269 €20212022 Company: 10 917 678 € Industry median: 0 €2023 Company: -12 225 712 € Industry median: 10 €20232024 Company: 5 544 147 € Industry median: 165 €2025 Company: -6 162 333 € Industry median: 80 €2025
  • Company
  • Industry median

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
02550751001252017 Company: —20172018 Company: —20182019 Company: 41 913 708 €20192020 Company: 49 683 358 €20202021 Company: 91 091 656 €20212022 Company: 111 873 559 €20222023 Company: 102 672 523 €20232024 Company: 104 120 311 €20242025 Company: 93 655 870 €202502550751001252018 Company: —2019 Company: 41 913 708 €20192020 Company: 49 683 358 €2021 Company: 91 091 656 €20212022 Company: 111 873 559 €2023 Company: 102 672 523 €20232024 Company: 104 120 311 €2025 Company: 93 655 870 €2025
Equity, mn € 2025: 2 548 775 € · −70.7% vs 2024
02550751001252017 Company: —20172018 Company: —20182019 Company: 41 902 282 €20192020 Company: 49 679 568 €20202021 Company: 83 684 448 €20212022 Company: 103 943 675 €20222023 Company: 98 248 032 €20232024 Company: 8 711 107 €20242025 Company: 2 548 775 €202502550751001252018 Company: —2019 Company: 41 902 282 €20192020 Company: 49 679 568 €2021 Company: 83 684 448 €20212022 Company: 103 943 675 €2023 Company: 98 248 032 €20232024 Company: 8 711 107 €2025 Company: 2 548 775 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

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.

Financials by year
Year Revenue, € Net profit, € Assets, € Equity, € Employees
2025 0 -6 162 333 93 655 870 2 548 775 0
2024 0 5 544 147 104 120 311 8 711 107 0
2023 0 -12 225 712 102 672 523 98 248 032 0
2022 — 10 917 678 111 873 559 103 943 675 0
2021 — 13 360 158 91 091 656 83 684 448 0
2020 0 3 702 286 49 683 358 49 679 568 0
2019 — 11 428 549 41 913 708 41 902 282 0
2018 — — — — 0
2017 — — — — 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

Return on equity (ROE)
-241.8 %
Net profit / equity
Return on assets (ROA)
-6.6 %
Net profit / assets
Equity ratio
2.7 %
Equity / assets
Debt ratio
97.3 %
Liabilities / assets
Current ratio
20.99
Current assets / current liabilities

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

Activities (EMTAK)

  • 66301Fund management activities Main
Rulings
Number, date Title Deadline State Document
Ä 50059774 / 6
22 Jan 2025
Amendment entry In force
22 Jan 2025
PDF
Ä 50059774 / M4
13 Jan 2025
Ruling to eliminate deficiencies 3 Feb 2025 Deficiencies eliminated
22 Jan 2025
PDF
Ä 50059774 / M3
6 Jan 2025
Procedural ruling 16 Jan 2025 Deficiencies eliminated
22 Jan 2025
PDF
Ä 50059774 / M2
1 Sep 2024
Warning of deletion from the register: annual report not filed 5 Dec 2024 Deficiencies eliminated
1 Jan 2025
PDF
Ä 50059774 / M1
15 Aug 2024
Warning of deletion from the register: annual report not filed 18 Nov 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 50059774 / 5
3 Nov 2021
Amendment under Commercial Code § 525 (2) In force
3 Nov 2021
PDF
Ä 50059774 / 4
30 Jun 2018
Amendment entry In force
30 Jun 2018
PDF
Ä 50059774 / 3
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50059774 / 2
14 Dec 2017
Amendment entry In force
14 Dec 2017
PDF
Ä 50059774
22 Jun 2017
First entry In force
22 Jun 2017
PDF

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