MIG Baltic OÜ is a OÜ based in Tallinn, registry code 16076614, status: active. Main activity: Wholesale of sanitary equipment and other construction materials. Its annual report for 2023 shows revenue of €18 220 and 1 employees.
Turnover
—
State taxes
1 901 €
Labour taxes
2 028 €
Employees
—
Q3 2025 · data from the Tax and Customs Board (EMTA)
Position in the industry Wholesale trade · EMTAK 46
Revenue · 202318 220 €
above 38% of companies
industry median 63 715 € · companies in the industry: 10 708
Net profit margin · 2023-816.0 %
above 2% of companies
industry median 3.5 % · companies in the industry: 7 928
Taxes and turnover
Q3 2022 – Q3 2025
Turnover, € Q2 2024: 290 € · +92.1% vs Q1 2024 · industry median 66 207 € · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q4 2024: 1 788 € · +0.0% vs Q3 2024 · industry median 2 008 € · above 46% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ4 2024: 1 · +0.0% vs Q3 2024State taxes, € Q3 2025: 1 901 € · +74.1% vs Q1 2025
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2025
—
1 901
2 028
—
Q1 2025
—
1 092
1 353
—
Q4 2024
—
1 631
1 788
1
Q3 2024
—
1 631
1 788
1
Q2 2024
290
1 631
1 788
1
Q1 2024
151
1 631
1 788
1
Q4 2023
11 606
2 101
1 788
1
Q3 2023
29 351
3 509
2 951
1
Q2 2023
38 233
2 945
1 788
1
Q1 2023
1 710
2 284
1 788
1
Q4 2022
34 082
2 227
1 754
1
Q3 2022
39 366
3 939
1 246
1
Q2 2022
36 744
4 763
1 607
1
Q1 2022
180 878
3 720
1 589
1
Financials by year
2021 – 2023
Revenue, € 2023: 18 220 € · −78.4% vs 2022 · industry median 63 715 € · above 38% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2023: -148 680 € · −26.2% vs 2022 · industry median 370 € · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2023: -816.0 % · −676.2 pp vs the year before · industry median 3.5 % · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2023: 293 764 € · −24.6% vs 2022Equity, € thousand 2023: -364 495 € · −68.9% vs 2022Employees2023: 1 · +0.0% vs 2022 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Wholesale trade (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
2023
18 220
-148 680
19 154
293 764
-364 495
1
2022
84 236
-117 786
21 210
389 679
-215 815
1
2021
67 702
-98 029
7 649
292 126
-98 029
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 2023
Net profit margin
-816.0 %
Net profit / revenue
Return on assets (ROA)
-50.6 %
Net profit / assets
Equity ratio
-124.1 %
Equity / assets
Debt ratio
224.1 %
Liabilities / assets
Current ratio
0.29
Current assets / current liabilities
Revenue per employee
18 220 €
Revenue / average full-time employees
Labour cost per employee per month
1 596 €
Labour costs / employees / 12 months (incl. employer taxes)
