OÜ Baltic Marine Welding is a OÜ based in Tallinn, registry code 16507988, status: active. Main activity: Building of civilian ships. Its annual report for 2025 shows revenue of €175 274 and 1 employees.
Turnover
—
State taxes
1 046 €
↓ 5.3%vs Q2 2026
Labour taxes
1 112 €
↑ 0.0%vs Q2 2026
Employees
1
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of other transport equipment · EMTAK 30
Labour taxes per employee1 112 €
above 18% of companies
industry median 2 212 € · companies in the industry: 94
Revenue · 2025175 274 €
above 70% of companies
industry median 61 813 € · companies in the industry: 163
Net profit margin · 202517.9 %
above 67% of companies
industry median 6.8 % · companies in the industry: 119
Taxes and turnover
Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 1 112 € · +0.0% vs Q2 2026 · industry median 2 212 € · above 18% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 1 · +0.0% vs Q2 2026State taxes, € Q3 2026: 1 046 € · −5.3% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
1 046
1 112
1
Q2 2026
—
1 104
1 112
1
Q1 2026
—
1 094
1 115
1
Q4 2025
—
1 149
1 143
1
Q3 2025
—
340
362
1
Q2 2025
—
3 287
3 471
—
Q1 2025
—
2 337
2 514
3
Q4 2024
—
4 097
4 468
1
Q3 2024
—
4 667
5 096
4
Q2 2024
—
3 688
4 018
4
Q1 2024
—
2 090
2 278
4
Q4 2023
—
1 908
2 086
3
Q3 2023
—
1 983
2 197
3
Q2 2023
—
1 913
2 082
4
Q1 2023
—
2 907
3 170
2
Q4 2022
—
1 669
1 800
3
Q3 2022
—
—
—
2
Labour taxes per employee per month
371 €
Q3 2026 · calculated from EMTA data
Financials by year
2022 – 2025
Revenue, € thousand 2025: 175 274 € · −24.3% vs 2024 · industry median 61 813 € · above 70% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 31 294 € · +220.1% vs 2024 · industry median 2 204 € · above 79% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 17.9 % · +13.6 pp vs the year before · industry median 6.8 % · above 67% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 149 129 € · +45.4% vs 2024Equity, € thousand 2025: 123 965 € · +33.8% vs 2024Employees2025: 1 · −75.0% vs 2024 · industry median 3 · above 5% of the industry
Company
Industry median
Industry: Manufacture of other transport equipment (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
175 274
31 294
19 887
149 129
123 965
1
2024
231 480
9 775
52 597
102 563
92 671
4
2023
211 378
50 100
31 145
86 764
82 896
3
2022
65 227
32 796
12 537
37 372
32 796
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
17.9 %
Net profit / revenue
Return on equity (ROE)
25.2 %
Net profit / equity
Return on assets (ROA)
21.0 %
Net profit / assets
Equity ratio
83.1 %
Equity / assets
Debt ratio
16.9 %
Liabilities / assets
Current ratio
21.20
Current assets / current liabilities
Revenue per employee
175 274 €
Revenue / average full-time employees
Labour cost per employee per month
1 657 €
Labour costs / employees / 12 months (incl. employer taxes)
