Baldur OÜ

Active Registry code 16080142 OÜ Elva linn Registered 20 Oct 2020

Baldur OÜ is a OÜ based in Elva linn, registry code 16080142, status: active. Main activity: Manufacture of imitation jewellery and related articles. According to EMTA, turnover for Q3 2026 was €50 970 with 3 employees.

Turnover

50 970 €

↓ 64.8% vs Q2 2026

State taxes

6 484 €

↓ 39.1% vs Q2 2026

Labour taxes

4 865 €

↓ 2.9% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Other manufacturing · EMTAK 32

Turnover · Q3 2026 50 970 €

above 63% of companies

industry median 22 261 € · companies in the industry: 304
Labour taxes per employee 1 622 €

above 49% of companies

industry median 1 664 € · companies in the industry: 293
Revenue · 2025 751 369 €

above 92% of companies

industry median 15 630 € · companies in the industry: 668
Net profit margin · 2025 13.3 %

above 67% of companies

industry median 4.9 % · companies in the industry: 476

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 50 970 € · −64.8% vs Q2 2026 · industry median 22 261 € · above 63% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 622 € · −2.9% vs Q2 2026 · industry median 1 664 € · above 49% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 6 484 € · −39.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	50 970	6 484	4 865	3
Q2 2026	144 741	10 642	5 010	3
Q1 2026	212 136	7 231	7 040	3
Q4 2025	186 030	11 177	6 520	4
Q3 2025	167 245	20 307	6 387	4
Q2 2025	160 751	7 090	6 479	4
Q1 2025	196 921	6 782	6 498	4
Q4 2024	155 562	7 834	6 676	4
Q3 2024	144 716	6 414	6 442	4
Q2 2024	130 944	6 706	6 742	4
Q1 2024	167 965	8 417	6 622	4
Q4 2023	94 350	5 234	5 330	4
Q3 2023	97 168	11 537	6 210	3
Q2 2023	116 734	14 800	7 502	3
Q1 2023	132 169	6 108	4 789	3
Q4 2022	102 931	24 364	6 069	3
Q3 2022	135 001	20 191	4 632	3
Q2 2022	99 769	27 815	3 864	3
Q1 2022	152 161	29 568	4 826	3

Labour taxes per employee per month

541 €

Turnover per employee in the quarter

16 990 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025

Revenue, € thousand 2025: 751 369 € · +30.0% vs 2024 · industry median 15 630 € · above 92% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 100 299 € · −59.6% vs 2024 · industry median 82 € · above 95% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 13.3 % · −29.6 pp vs the year before · industry median 4.9 % · above 67% of the industry

Company
Industry median

Industry: Other manufacturing (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 733 269 € · +7.2% vs 2024

Equity, € thousand 2025: 588 224 € · −7.8% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry

Company
Industry median

Industry: Other manufacturing (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	751 369	100 299	60 936	733 269	588 224	3
2024	578 026	248 176	59 119	683 887	637 925	3
2023	538 228	203 230	48 544	448 900	438 825	3
2022	618 918	215 984	45 756	307 032	300 111	3
2021	715 821	406 627	22 937	416 238	409 127	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

13.3 %

Net profit / revenue

Return on equity (ROE)

17.1 %

Net profit / equity

Return on assets (ROA)

13.7 %

Net profit / assets

Equity ratio

80.2 %

Equity / assets

Debt ratio

19.8 %

Liabilities / assets

Current ratio

3.83

Current assets / current liabilities

Revenue per employee

250 456 €

Revenue / average full-time employees

Labour cost per employee per month

1 693 €

Labour costs / employees / 12 months (incl. employer taxes)

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	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	14 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 May 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Mar 2023	Company’s own	e-Äriregister
2021	20 Oct 2020 – 31 Dec 2021	20 Jun 2022	Company’s own	e-Äriregister

Board

Timmo Liiva
Board member · since 20 Oct 2020

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Timmo Liiva
Natural person · 2 500 €

100%

Beneficial owners

Timmo Liiva
Direct ownership · since 20 Oct 2020

Founders and other persons

Timmo Liiva
Founder · 2 500 € · 20 Oct 2020

Activities (EMTAK)

32131Manufacture of imitation jewellery and related articles Main

Rulings 5

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50157854 / 4 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50157854 / 3 16 Nov 2020	Entry refused		In force 19 Dec 2020	PDF
Ä 50157854 / 2 16 Nov 2020	Amendment entry		In force 16 Nov 2020	PDF
Ä 50157854 / M1 27 Oct 2020	Ruling to eliminate deficiencies	11 Nov 2020	In force 27 Oct 2020	PDF
Ä 50157854 20 Oct 2020	First entry		In force 20 Oct 2020	PDF

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