BaltStart OÜ is a OÜ based in Tallinn, registry code 14493638, status: active. Main activity: Rental and leasing of other machinery, equipment and tangible goods n.e.c.. According to EMTA, turnover for Q3 2026 was €64 696 with 2 employees.
Turnover
64 696 €
↑ 20.6%vs Q2 2026
State taxes
3 909 €
↓ 13.7%vs Q2 2026
Labour taxes
3 682 €
↑ 0.0%vs Q2 2026
Employees
2
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Rental and leasing activities · EMTAK 77
Turnover · Q3 202664 696 €
above 75% of companies
industry median 13 500 € · companies in the industry: 1 553
Labour taxes per employee1 841 €
above 62% of companies
industry median 1 394 € · companies in the industry: 620
Revenue · 2025129 924 €
above 82% of companies
industry median 13 580 € · companies in the industry: 2 612
Net profit margin · 202522.1 %
above 63% of companies
industry median 8.9 % · companies in the industry: 1 944
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 64 696 € · +20.6% vs Q2 2026 · industry median 13 500 € · above 75% of the industry
Company
Industry median
Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 841 € · +0.0% vs Q2 2026 · industry median 1 394 € · above 62% of the industry
Company
Industry median
Industry: Rental and leasing 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: 3 909 € · −13.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
64 696
3 909
3 682
2
Q2 2026
53 635
4 527
3 682
2
Q1 2026
13 015
4 081
3 854
2
Q4 2025
29 220
—
4 198
2
Q3 2025
42 576
4 425
4 198
2
Q2 2025
31 920
5 402
4 323
2
Q1 2025
77 249
4 617
4 305
2
Q4 2024
60 247
4 855
3 771
2
Q3 2024
29 516
3 898
3 771
2
Q2 2024
59 678
—
3 425
2
Q1 2024
49 432
—
2 711
2
Q4 2023
32 093
—
2 664
2
Q3 2023
36 338
—
2 664
2
Q2 2023
41 756
—
2 744
2
Q1 2023
99 961
—
2 285
2
Q4 2022
18 208
1 115
1 164
2
Q3 2022
29 379
—
1 452
1
Q2 2022
—
—
1 352
1
Q1 2022
36 480
—
1 352
1
Labour taxes per employee per month
614 €
Turnover per employee in the quarter
32 348 €
Q3 2026 · calculated from EMTA data
Financials by year
2018 – 2025
Revenue, € thousand 2025: 129 924 € · −37.5% vs 2024 · industry median 13 580 € · above 82% of the industry
Company
Industry median
Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 28 728 € · +262.6% vs 2024 · industry median 102 € · above 83% of the industry
Company
Industry median
Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 22.1 % · +18.3 pp vs the year before · industry median 8.9 % · above 63% of the industry
Company
Industry median
Industry: Rental and leasing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 317 430 € · −3.9% vs 2024Equity, € thousand 2025: 139 584 € · +25.9% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 65% of the industry
Company
Industry median
Industry: Rental and leasing 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
129 924
28 728
38 667
317 430
139 584
2
2024
207 781
7 923
34 715
330 436
110 856
2
2023
172 685
-12 034
20 232
244 332
102 933
1
2022
124 909
26 315
14 956
313 150
114 967
1
2021
41 482
26 926
16 056
588 802
88 652
1
2020
109 187
-22 392
16 056
546 216
61 726
1
2019
173 500
4 038
16 060
309 265
84 118
1
2018
—
—
—
—
—
1
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
21.8 %
Net profit / revenue
Return on equity (ROE)
20.6 %
Net profit / equity
Return on assets (ROA)
9.1 %
Net profit / assets
Equity ratio
44.0 %
Equity / assets
Debt ratio
56.0 %
Liabilities / assets
Current ratio
6.18
Current assets / current liabilities
Revenue per employee
65 758 €
Revenue / average full-time employees
Labour cost per employee per month
1 611 €
Labour costs / employees / 12 months (incl. employer taxes)
