Nicholaisen Baltic OÜ

Active Registry code 16229868 OÜ Tallinn Registered 14 May 2021
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Nicholaisen Baltic OÜ is a OÜ based in Tallinn, registry code 16229868, status: active. Main activity: Activities of agents involved in the wholesale of machinery, industrial equipment, ships and aircraft. According to EMTA, turnover for Q3 2026 was €22 406 with 2 employees.

Turnover
22 406 €
↓ 69.5% vs Q2 2026
State taxes
8 950 €
↑ 90.5% vs Q2 2026
Labour taxes
9 695 €
↑ 92.9% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 22 406 €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 4 848 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2025 1.5 mn €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 -5.0 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 22 406 € · −69.5% vs Q2 2026 · industry median 60 065 € · above 35% of the industry
-1 00001 0002 0003 000Q4 2023 Company: 661 844 € Industry median: 69 842 €Q4·23Q1 2024 Company: 2 541 980 € Industry median: 60 423 €Q2 2024 Company: 143 268 € Industry median: 66 207 €Q2·24Q3 2024 Company: 33 930 € Industry median: 63 101 €Q4 2024 Company: 1 012 909 € Industry median: 65 867 €Q4·24Q1 2025 Company: -830 € Industry median: 59 713 €Q2 2025 Company: 1 633 335 € Industry median: 61 800 €Q2·25Q3 2025 Company: 52 444 € Industry median: 59 911 €Q4 2025 Company: 161 748 € Industry median: 59 583 €Q4·25Q1 2026 Company: 9 457 € Industry median: 53 954 €Q2 2026 Company: 73 393 € Industry median: 61 600 €Q2·26Q3 2026 Company: 22 406 € Industry median: 60 065 €Q3·26-50005001 0001 5002 000Q4 2024 Company: 1 012 909 € Industry median: 65 867 €Q1 2025 Company: -830 € Industry median: 59 713 €Q1·25Q2 2025 Company: 1 633 335 € Industry median: 61 800 €Q3 2025 Company: 52 444 € Industry median: 59 911 €Q3·25Q4 2025 Company: 161 748 € Industry median: 59 583 €Q1 2026 Company: 9 457 € Industry median: 53 954 €Q1·26Q2 2026 Company: 73 393 € Industry median: 61 600 €Q3 2026 Company: 22 406 € Industry median: 60 065 €Q3·26
  • 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, € Q3 2026: 4 848 € · +92.9% vs Q2 2026 · industry median 2 104 € · above 84% of the industry
02 0004 0006 000Q4 2023 Company: — Industry median: 1 903 €Q4·23Q1 2024 Company: — Industry median: 1 948 €Q2 2024 Company: — Industry median: 1 960 €Q2·24Q3 2024 Company: — Industry median: 2 029 €Q4 2024 Company: — Industry median: 2 008 €Q4·24Q1 2025 Company: — Industry median: 2 079 €Q2 2025 Company: — Industry median: 2 091 €Q2·25Q3 2025 Company: 5 949 € Industry median: 2 158 €Q4 2025 Company: — Industry median: 2 169 €Q4·25Q1 2026 Company: 0 € Industry median: 2 089 €Q2 2026 Company: 2 514 € Industry median: 2 068 €Q2·26Q3 2026 Company: 4 848 € Industry median: 2 104 €Q3·2602 0004 0006 000Q4 2024 Company: — Industry median: 2 008 €Q1 2025 Company: — Industry median: 2 079 €Q1·25Q2 2025 Company: — Industry median: 2 091 €Q3 2025 Company: 5 949 € Industry median: 2 158 €Q3·25Q4 2025 Company: — Industry median: 2 169 €Q1 2026 Company: 0 € Industry median: 2 089 €Q1·26Q2 2026 Company: 2 514 € Industry median: 2 068 €Q3 2026 Company: 4 848 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: —Q4·25Q1 2026 Company: 1Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: —Q1 2026 Company: 1Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € thousand Q3 2026: 8 950 € · +90.5% vs Q2 2026
050100150200Q4 2023 Company: 125 956 €Q4·23Q1 2024 Company: 150 477 €Q2 2024 Company: 19 588 €Q2·24Q3 2024 Company: 2 130 €Q4 2024 Company: 18 228 €Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: 5 699 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 4 697 €Q2·26Q3 2026 Company: 8 950 €Q3·2605101520Q4 2024 Company: 18 228 €Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: 5 699 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 4 697 €Q3 2026 Company: 8 950 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 22 406 8 950 9 695 2
Q2 2026 73 393 4 697 5 027 2
Q1 2026 9 457 — — 1
Q4 2025 161 748 — 5 722 —
Q3 2025 52 444 5 699 5 949 1
Q2 2025 1 633 335 — — 1
Q1 2025 -830 — — —
Q4 2024 1 012 909 18 228 — —
Q3 2024 33 930 2 130 — —
Q2 2024 143 268 19 588 — —
Q1 2024 2 541 980 150 477 — —
Q4 2023 661 844 125 956 — —
Q3 2023 3 444 — — —
Q2 2023 161 877 — — —
Q1 2023 1 052 244 195 650 — —
Q4 2022 539 891 48 873 — —
Q3 2022 326 232 43 229 — —
Q2 2022 907 922 161 584 — —
Q1 2022 14 684 — — —
Labour taxes per employee per month
1 616 €
Turnover per employee in the quarter
11 203 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 1 453 231 € · −27.1% vs 2024 · industry median 63 691 € · above 86% of the industry
05001 0001 5002 0002 5002021 Company: 78 450 € Industry median: 71 656 €20212022 Company: 1 071 773 € Industry median: 75 397 €20222023 Company: 2 326 114 € Industry median: 63 715 €20232024 Company: 1 994 705 € Industry median: 60 216 €20242025 Company: 1 453 231 € Industry median: 63 691 €202505001 0001 5002 0002 5002021 Company: 78 450 € Industry median: 71 656 €20212022 Company: 1 071 773 € Industry median: 75 397 €2023 Company: 2 326 114 € Industry median: 63 715 €20232024 Company: 1 994 705 € Industry median: 60 216 €2025 Company: 1 453 231 € Industry median: 63 691 €2025
  • 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 2025: -73 059 € · +21.1% vs 2024 · industry median 127 € · above 2% of the industry
-200-10001002002021 Company: -106 334 € Industry median: 1 415 €20212022 Company: -60 128 € Industry median: 889 €20222023 Company: 148 732 € Industry median: 370 €20232024 Company: -92 623 € Industry median: 134 €20242025 Company: -73 059 € Industry median: 127 €2025-200-10001002002021 Company: -106 334 € Industry median: 1 415 €20212022 Company: -60 128 € Industry median: 889 €2023 Company: 148 732 € Industry median: 370 €20232024 Company: -92 623 € Industry median: 134 €2025 Company: -73 059 € Industry median: 127 €2025
  • 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, % 2025: -5.0 % · −0.4 pp vs the year before · industry median 2.7 % · above 20% of the industry
-150-100-500502021 Company: -135.5 % Industry median: 4.9 %20212022 Company: -5.6 % Industry median: 4.2 %20222023 Company: 6.4 % Industry median: 3.5 %20232024 Company: -4.6 % Industry median: 2.9 %20242025 Company: -5.0 % Industry median: 2.7 %2025-150-100-500502021 Company: -135.5 % Industry median: 4.9 %20212022 Company: -5.6 % Industry median: 4.2 %2023 Company: 6.4 % Industry median: 3.5 %20232024 Company: -4.6 % Industry median: 2.9 %2025 Company: -5.0 % Industry median: 2.7 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 302 734 € · −67.4% vs 2024
05001 0001 5002 0002 5002021 Company: 375 437 €20212022 Company: 1 480 751 €20222023 Company: 2 217 419 €20232024 Company: 929 093 €20242025 Company: 302 734 €202505001 0001 5002 0002 5002021 Company: 375 437 €20212022 Company: 1 480 751 €2023 Company: 2 217 419 €20232024 Company: 929 093 €2025 Company: 302 734 €2025
Equity, € thousand 2025: 44 245 € · +141.0% vs 2024
-200-150-100-500502021 Company: -103 834 €20212022 Company: -163 962 €20222023 Company: -15 230 €20232024 Company: -107 854 €20242025 Company: 44 245 €2025-200-150-100-500502021 Company: -103 834 €20212022 Company: -163 962 €2023 Company: -15 230 €20232024 Company: -107 854 €2025 Company: 44 245 €2025
Employees 2025: 1 · industry median 2 · above 5% of the industry
0.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 1 Industry median: 22025
  • 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
2025 1 453 231 -73 059 11 671 302 734 44 245 1
2024 1 994 705 -92 623 0 929 093 -107 854 0
2023 2 326 114 148 732 0 2 217 419 -15 230 0
2022 1 071 773 -60 128 0 1 480 751 -163 962 0
2021 78 450 -106 334 0 375 437 -103 834 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
-5.0 %
Net profit / revenue
Return on equity (ROE)
-165.1 %
Net profit / equity
Return on assets (ROA)
-24.1 %
Net profit / assets
Equity ratio
14.6 %
Equity / assets
Debt ratio
85.4 %
Liabilities / assets
Current ratio
1.17
Current assets / current liabilities
Revenue per employee
1 453 231 €
Revenue / average full-time employees
Labour cost per employee per month
973 €
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 19 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 17 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Jul 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 3 May 2023 Company’s own e-Äriregister
2021 14 May 2021 – 31 Dec 2021 3 May 2022 Company’s own e-Äriregister

Board

Right of representation

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

Owners

  • Nicholaisen A/S
    Legal person · 2 250 €
  • Tottrup OÜ
    Legal person · 16139645 · 250 €

Beneficial owners

  • Thomas Biehl
    Member of a senior management body (management or supervisory board) · DNK · since 18 May 2021

Founders and other persons

  • NichoBiehl Holding ApS
    Founder · 1 250 € · 27 Apr 2021
  • Tottrup OÜ
    Founder · 1 250 € · 27 Apr 2021
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46141Activities of agents involved in the wholesale of machinery, industrial equipment, ships and aircraft Main
Rulings
Number, date Title Deadline State Document
Ä 50173938 / 5
11 May 2026
Amendment entry In force
11 May 2026
PDF
Ä 50173938 / M2
26 Aug 2025
Warning of compulsory dissolution: insufficient net assets 26 Feb 2026 Deficiencies eliminated
29 Dec 2025
PDF
Ä 50173938 / 4
28 Dec 2023
Amendment entry In force
28 Dec 2023
PDF
Ä 50173938 / M1
21 Dec 2023
Ruling to eliminate deficiencies Deficiencies eliminated
28 Dec 2023
PDF
Ä 50173938 / 3
7 Dec 2023
Amendment entry In force
7 Dec 2023
PDF
Ä 50173938 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50173938
14 May 2021
First entry In force
14 May 2021
PDF

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