Lutze Baltic OÜ

Active Registry code 17203492 OÜ Purtse küla Registered 24 Mar 2025
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Lutze Baltic OÜ is a OÜ based in Purtse küla, registry code 17203492, status: active. Main activity: Support activities for other mining and quarrying. According to EMTA, turnover for Q3 2026 was €145 695 with 1 employees.

Turnover
145 695 €
↓ 84.2% vs Q2 2026
State taxes
17 070 €
↓ 83.4% vs Q2 2026
Labour taxes
8 027 €
↑ 21.3% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Mining support service activities · EMTAK 09

  • Turnover · Q3 2026 145 695 €
    industry median 23 684 € · companies in the industry: 24
  • Labour taxes per employee 8 027 €
    industry median 1 524 € · companies in the industry: 17
  • Revenue · 2025 689 845 €
    industry median 17 002 € · companies in the industry: 48
  • Net profit margin · 2025 45.1 %
    industry median 4.6 % · companies in the industry: 32

Taxes and turnover

Q2 2025 – Q3 2026
Turnover, € thousand Q3 2026: 145 695 € · −84.2% vs Q2 2026 · industry median 23 684 € · above 83% of the industry
02505007501 0001 250Q2 2025 Company: 43 875 € Industry median: 20 834 €Q2·25Q3 2025 Company: 113 194 € Industry median: 19 044 €Q3·25Q4 2025 Company: 489 507 € Industry median: 20 738 €Q4·25Q1 2026 Company: 1 110 105 € Industry median: 20 792 €Q1·26Q2 2026 Company: 919 476 € Industry median: 18 856 €Q2·26Q3 2026 Company: 145 695 € Industry median: 23 684 €Q3·2602505007501 0001 250Q2 2025 Company: 43 875 € Industry median: 20 834 €Q3 2025 Company: 113 194 € Industry median: 19 044 €Q3·25Q4 2025 Company: 489 507 € Industry median: 20 738 €Q1 2026 Company: 1 110 105 € Industry median: 20 792 €Q1·26Q2 2026 Company: 919 476 € Industry median: 18 856 €Q3 2026 Company: 145 695 € Industry median: 23 684 €Q3·26
  • Company
  • Industry median

Industry: Mining support service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 8 027 € · +21.3% vs Q2 2026 · industry median 1 524 € · above 98% of the industry
02 0004 0006 0008 00010 000Q2 2025 Company: — Industry median: 1 962 €Q2·25Q3 2025 Company: 774 € Industry median: 1 619 €Q3·25Q4 2025 Company: 5 394 € Industry median: 1 888 €Q4·25Q1 2026 Company: 5 951 € Industry median: 2 074 €Q1·26Q2 2026 Company: 6 616 € Industry median: 2 121 €Q2·26Q3 2026 Company: 8 027 € Industry median: 1 524 €Q3·2602 0004 0006 0008 00010 000Q2 2025 Company: — Industry median: 1 962 €Q3 2025 Company: 774 € Industry median: 1 619 €Q3·25Q4 2025 Company: 5 394 € Industry median: 1 888 €Q1 2026 Company: 5 951 € Industry median: 2 074 €Q1·26Q2 2026 Company: 6 616 € Industry median: 2 121 €Q3 2026 Company: 8 027 € Industry median: 1 524 €Q3·26
  • Company
  • Industry median

Industry: Mining support service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q2 2025 Company: —Q2·25Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q2 2025 Company: —Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € thousand Q3 2026: 17 070 € · −83.4% vs Q2 2026
050100150Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 2 583 €Q3·25Q4 2025 Company: 61 148 €Q4·25Q1 2026 Company: 135 033 €Q1·26Q2 2026 Company: 102 673 €Q2·26Q3 2026 Company: 17 070 €Q3·26050100150Q2 2025 Company: 0 €Q3 2025 Company: 2 583 €Q3·25Q4 2025 Company: 61 148 €Q1 2026 Company: 135 033 €Q1·26Q2 2026 Company: 102 673 €Q3 2026 Company: 17 070 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 145 695 17 070 8 027 1
Q2 2026 919 476 102 673 6 616 1
Q1 2026 1 110 105 135 033 5 951 1
Q4 2025 489 507 61 148 5 394 1
Q3 2025 113 194 2 583 774 1
Q2 2025 43 875 — — —
Labour taxes per employee per month
2 676 €
Turnover per employee in the quarter
145 695 €

Q3 2026 · calculated from EMTA data

Financials by year

2025 – 2025
Revenue, € thousand 2025: 689 845 € · industry median 17 002 € · above 93% of the industry
02004006008002025 Company: 689 845 € Industry median: 17 002 €202502004006008002025 Company: 689 845 € Industry median: 17 002 €2025
  • Company
  • Industry median

Industry: Mining support service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 311 158 € · industry median 0 € · above 98% of the industry
01002003004002025 Company: 311 158 € Industry median: 0 €202501002003004002025 Company: 311 158 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Mining support service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 45.1 % · industry median 4.6 % · above 83% of the industry
010203040502025 Company: 45.1 % Industry median: 4.6 %2025010203040502025 Company: 45.1 % Industry median: 4.6 %2025
  • Company
  • Industry median

Industry: Mining support service activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 810 142 €
02004006008001 0002025 Company: 810 142 €202502004006008001 0002025 Company: 810 142 €2025
Equity, € thousand 2025: 301 168 €
01002003004002025 Company: 301 168 €202501002003004002025 Company: 301 168 €2025
Employees 2025: 2 · industry median 2 · above 50% of the industry
0.00.51.01.52.02025 Company: 2 Industry median: 220250.00.51.01.52.02025 Company: 2 Industry median: 22025
  • Company
  • Industry median

Industry: Mining support service activities (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 689 845 311 158 24 744 810 142 301 168 2

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
45.1 %
Net profit / revenue
Return on equity (ROE)
103.3 %
Net profit / equity
Return on assets (ROA)
38.4 %
Net profit / assets
Equity ratio
37.2 %
Equity / assets
Debt ratio
62.8 %
Liabilities / assets
Current ratio
4.06
Current assets / current liabilities
Revenue per employee
344 923 €
Revenue / average full-time employees
Labour cost per employee per month
1 031 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 24 Mar 2025 – 31 Dec 2025 30 Jun 2026 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

Beneficial owners

  • Merle Palm
    Indirect ownership · since 8 Jul 2025
  • Märt Trummar
    Direct ownership · since 8 Jul 2025
  • Kaur Palm
    Member of a senior management body (management or supervisory board) · since 24 Mar 2025

Founders and other persons

  • Kaur Palm
    Founder · 10 € · 23 Mar 2025
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 09901Support activities for other mining and quarrying Main
Rulings
Number, date Title Deadline State Document
Ä 50278595 / 3
16 Jul 2025
Amendment entry In force
16 Jul 2025
PDF
Ä 50278595 / M2
26 Jun 2025
Ruling to eliminate deficiencies 11 Jul 2025 Deficiencies eliminated
9 Jul 2025
PDF
Ä 50278595 / 2
20 Jun 2025
Amendment entry In force
20 Jun 2025
PDF
Ä 50278595 / M1
17 Jun 2025
Ruling to eliminate deficiencies 2 Jul 2025 Deficiencies eliminated
20 Jun 2025
PDF
Ä 50278595
24 Mar 2025
First entry In force
24 Mar 2025
PDF

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