Aktsiaselts Baltika
Bankrupt Registry code 16008469
AS Tallinn Registered 13 Jul 2020
Aktsiaselts Baltika is a AS based in Tallinn, registry code 16008469, status: bankrupt. Main activity: Wholesale of clothing and clothing accessories. According to EMTA, turnover for Q3 2026 was €0 with employees.
Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2023 4.7 mn €above 93% of companiesindustry median 63 715 € · companies in the industry: 10 708
- Net profit margin · 2023 -46.4 %above 7% of companiesindustry median 3.5 % · companies in the industry: 7 928
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | — | — | — |
| Q2 2026 | — | — | — | — |
| Q1 2026 | 42 620 | 9 098 | — | — |
| Q4 2025 | 141 854 | 95 551 | 935 | — |
| Q3 2025 | 1 301 014 | 154 434 | 73 693 | 29 |
| Q2 2025 | 795 198 | 163 944 | 72 879 | 28 |
| Q1 2025 | 1 169 238 | 261 628 | 123 121 | 28 |
| Q4 2024 | 2 097 998 | 318 294 | 112 660 | 27 |
| Q3 2024 | 1 453 817 | 287 413 | 165 251 | 28 |
| Q2 2024 | 1 634 374 | 286 025 | 126 558 | 35 |
| Q1 2024 | 737 313 | 259 988 | 149 967 | 43 |
| Q4 2023 | 1 943 487 | 285 874 | 127 903 | 44 |
| Q3 2023 | — | 35 056 | — | 43 |
| Q2 2023 | — | — | — | 42 |
| Q1 2023 | — | — | — | 42 |
| Q4 2022 | — | — | — | 36 |
| Q3 2022 | — | — | — | 32 |
| Q2 2022 | — | — | — | 30 |
| Q1 2022 | — | — | — | 28 |
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|
| 2023 | 4 671 000 | -2 166 000 | 9 089 000 | 3 379 000 | 44 |
| 2022 | — | 344 002 | 4 492 385 | 329 144 | 0 |
| 2021 | — | -24 858 | 2 578 000 | -22 358 | 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 2023
Net profit margin
-46.4 %
Net profit / revenue
Return on equity (ROE)
-64.1 %
Net profit / equity
Return on assets (ROA)
-23.8 %
Net profit / assets
Equity ratio
37.2 %
Equity / assets
Debt ratio
62.8 %
Liabilities / assets
Current ratio
1.39
Current assets / current liabilities
Revenue per employee
106 159 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 23 Aug 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 20 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 13 Jul 2020 – 31 Dec 2021 | 12 Dec 2022 | Company’s own · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 7 | 15 600 000 EEK | KJK Fund SICAV-SIF (likvideerimisel) | 11 Sep 2023 – in force |
| 6 | 20 000 000 EEK | KJK Fund SICAV-SIF (likvideerimisel) | 11 Sep 2023 – in force |
| 5 | 165 397 095 EEK | Swedbank AS | 11 Sep 2023 – in force |
| 4 | 14 820 000 EEK | Swedbank AS | 11 Sep 2023 – in force |
| 3 | 5 500 000 EEK | Swedbank AS | 11 Sep 2023 – in force |
| 2 | 12 000 000 EEK | Swedbank AS | 11 Sep 2023 – in force |
| 1 | 37 680 000 EEK | Swedbank AS | 11 Sep 2023 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 22 Aug 2023
- Brigitta AlbertinBoard member · since 12 Sep 2023
- Margus OleskBoard member · since 12 Sep 2023
- Andres HermetBankruptcy trustee · since 11 Nov 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
Beneficial owners
- Indrek RahumaaMember of a senior management body (management or supervisory board) · since 20 May 2025
Founders and other persons
- Rondebosch OÜFounder · 2 500 € · 13 Jul 2020
- KPMG Baltics OÜAudit firm · 26 Jun 2023
- Indrek RahumaaChairman of the supervisory board · 16 May 2025
- Gunnar ValgeSupervisory board member · 16 May 2025
- Getter VillmannSupervisory board member · 4 Jul 2025
- Omanikukonto: European Lingerie Group AB (publ.)Shareholder · 25 000 € · 16 May 2025
Related companies
Activities (EMTAK)
- 46421Wholesale of clothing and clothing accessories Main
- 47911Retail sale via mail order houses or via Internet
History of changes
| What | Value | Period |
|---|---|---|
| Status | Bankrupt | 11 Nov 2025 – now |
| Status | Active | 13 Jul 2020 – now |
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50150213 / 14 5 Dec 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 5 Dec 2025 |
||
| Ä 50150213 / 13 11 Nov 2025 |
Entry to enforce another court decision | In force 11 Nov 2025 |
||
| Ä 50150213 / 12 7 Oct 2025 |
Entry to enforce another court decision | In force 7 Oct 2025 |
||
| Ä 50150213 / M5 2 Sep 2025 |
Fine for not filing the report | 19 Sep 2025 | In force 20 Sep 2025 |
|
| Ä 50150213 / M4 21 Jul 2025 |
Warning of a fine: annual report not filed | 20 Aug 2025 | In force 21 Jul 2025 |
|
| Ä 50150213 / 11 5 Aug 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 5 Aug 2024 |
||
| Ä 50150213 / M3 7 Jul 2024 |
Warning of a fine: annual report not filed | 6 Aug 2024 | Deficiencies eliminated 24 Aug 2024 |
|
| Ä 50150213 / 10 27 Sep 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 27 Sep 2023 |
||
| Ä 50150213 / 9 12 Sep 2023 |
Amendment entry | In force 12 Sep 2023 |
||
| Ä 50150213 / 7 11 Sep 2023 |
Second (constitutive) merger entry | In force 11 Sep 2023 |
||
| K 50150213 / 8 11 Sep 2023 |
Commercial pledge entered | In force 11 Sep 2023 |
||
| Ä 50150213 / 6 22 Aug 2023 |
Amendment entry | In force 22 Aug 2023 |
||
| Ä 50150213 / 5 26 Jun 2023 |
Transformation entry | In force 26 Jun 2023 |
||
| Ä 50150213 / M2 22 Jun 2023 |
Ruling to eliminate deficiencies | Deficiencies eliminated 22 Jun 2023 |
||
| Ä 50150213 / 4 14 May 2022 |
Amendment entry | In force 14 May 2022 |
||
| Ä 50150213 / 3 26 Apr 2022 |
Amendment entry | In force 26 Apr 2022 |
||
| Ä 50150213 / M1 21 Apr 2022 |
Ruling to eliminate deficiencies | 11 May 2022 | Deficiencies eliminated 14 May 2022 |
|
| Ä 50150213 / 2 13 Jan 2021 |
Amendment entry | In force 13 Jan 2021 |
||
| Ä 50150213 13 Jul 2020 |
First entry | In force 13 Jul 2020 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data