ForBalt OÜ is a OÜ based in Valga linn, registry code 14469189, status: active. Main activity: Other human resources provision. According to EMTA, turnover for Q3 2026 was €15 754 with 2 employees.
Turnover
15 754 €
↓ 6.6%vs Q2 2026
State taxes
5 846 €
↓ 7.1%vs Q2 2026
Labour taxes
2 773 €
↑ 0.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Employment activities · EMTAK 78
Turnover · Q3 202615 754 €
above 35% of companies
industry median 32 553 € · companies in the industry: 715
Labour taxes per employee1 387 €
above 45% of companies
industry median 1 477 € · companies in the industry: 653
Revenue · 202588 599 €
above 65% of companies
industry median 38 312 € · companies in the industry: 1 162
Net profit margin · 2025-2.1 %
above 22% of companies
industry median 4.7 % · companies in the industry: 914
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 15 754 € · −6.6% vs Q2 2026 · industry median 32 553 € · above 35% of the industry
Company
Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 387 € · +0.0% vs Q2 2026 · industry median 1 477 € · above 45% of the industry
Company
Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 2 · +0.0% vs Q2 2026State taxes, € Q3 2026: 5 846 € · −7.1% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
15 754
5 846
2 773
2
Q2 2026
16 868
6 294
2 773
2
Q1 2026
14 468
5 897
2 793
2
Q4 2025
22 545
8 138
3 557
2
Q3 2025
24 656
9 012
3 918
3
Q2 2025
24 356
8 472
3 557
3
Q1 2025
19 770
7 307
3 364
3
Q4 2024
24 503
7 988
3 233
3
Q3 2024
25 961
8 787
3 626
3
Q2 2024
41 281
14 058
5 580
3
Q1 2024
40 931
12 283
4 237
5
Q4 2023
33 814
8 583
2 445
4
Q3 2023
—
1 498
1 646
3
Q2 2023
—
2 892
3 124
2
Q1 2023
—
1 980
2 163
4
Q4 2022
—
2 193
2 390
1
Q3 2022
—
1 571
1 721
3
Q2 2022
—
834
934
3
Q1 2022
—
653
733
1
Labour taxes per employee per month
462 €
Turnover per employee in the quarter
7 877 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 88 599 € · −31.8% vs 2024 · industry median 38 312 € · above 65% of the industry
Company
Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -1 863 € · +55.2% vs 2024 · industry median 720 € · above 17% of the industry
Company
Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -2.1 % · +1.1 pp vs the year before · industry median 4.7 % · above 22% of the industry
Company
Industry median
Industry: Employment activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 10 101 € · −21.7% vs 2024Equity, € 2025: 5 948 € · −23.9% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 2 · above 55% of the industry
Company
Industry median
Industry: Employment activities (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
88 599
-1 863
42 915
10 101
5 948
3
2024
129 859
-4 157
49 650
12 905
7 812
3
2023
111 470
4 927
32 012
21 610
14 469
3
2022
76 016
2 367
22 491
15 917
9 542
1
2021
31 107
1 269
8 966
9 298
7 175
1
2020
0
-3
0
5 906
5 906
0
2019
2 952
305
0
5 909
5 909
0
2018
—
—
—
—
—
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
-2.1 %
Net profit / revenue
Return on equity (ROE)
-31.3 %
Net profit / equity
Return on assets (ROA)
-18.4 %
Net profit / assets
Equity ratio
58.9 %
Equity / assets
Debt ratio
41.1 %
Liabilities / assets
Current ratio
2.43
Current assets / current liabilities
Revenue per employee
29 533 €
Revenue / average full-time employees
Labour cost per employee per month
1 192 €
Labour costs / employees / 12 months (incl. employer taxes)
