ETENRU

osaühing Baltic Connexions

RegisteredTartu County
Registry code
10273791
VAT number
EE100276352
Address
Tartu maakond, Tartu vald, Tabivere alevik, Voldi tee 10/2, 49127
Registered
25.09.1997 · 29 yrs
Activity
Manufacture of other builders' carpentry and joinery 16231
Additional activities
Puidu saagimine ja hööveldamine
Capital
40 000 €
Email
b•••@b•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.balcon.ee from email
Business Register 06.10.2026
Sales revenue14,0 m €+3%2025 annual report
Profit1,6 m €2025 annual report
Employees60Tax Board 2026 Q2
Average gross salary2 569 €estimate, Tax Board 2026 Q2
Labour taxes per quarter236 k €Tax Board 2026 Q2
Cash1,6 m €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months15,3 m €-8%Tax Board, last 4 quarters
State taxes 12 months620 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 5,8 mln €
4,0 M3,4 M2,6 M6,7 M3,9 M3,2 M2,4 M5,8 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AAA
Excellent, very low risk
96 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 8% vs a year earlier
Kiri kohe, kui tekib maksuvõlg, pankrot või muutub juhatus
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Data

Board and owners

6 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 6
Alistair Richard Norris Sharman1 companyno tax debtPersonal ID ↗05.12.2019
Janno Pärnsalu3 companiesno tax debtPersonal ID ↗12.03.2007
John Derek Williams1 companyno tax debtPersonal ID ↗21.09.2020
Mikk Haljasorg3 companiesno tax debtPersonal ID ↗25.11.2024
Richard James Rowlinson1 companyno tax debtPersonal ID ↗21.09.2020
William James Rowlinson1 companyno tax debtPersonal ID ↗01.08.2024
Shareholders 1
ROWLINSON CONSOLIDATED LTD100,0% 40 000 €01.09.2023
Beneficial owners 1
Richard James Rowlinsondirect holding24.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue0,0%
Labour taxes / revenue4,0%
Revenue per employee per month32 500 €
Gross salary (estimate)2 569 €
Net salary (estimate)2 086 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q25 849 978 €▼ 13%235 867 €0 €60
2026 Q12 396 222 €▼ 8%246 415 €172 462 €61
2025 Q43 229 499 €▼ 4%249 890 €83 593 €61
2025 Q33 868 309 €▼ 4%348 505 €364 015 €61
2025 Q26 742 708 €▲ 8%256 372 €0 €61
2025 Q12 618 403 €▲ 18%246 789 €71 248 €64
2024 Q43 358 680 €▲ 26%230 168 €26 539 €63
2024 Q34 038 366 €▲ 10%263 436 €247 100 €60
2024 Q26 268 714 €▲ 15%200 779 €0 €56
2024 Q12 214 072 €▲ 12%187 043 €45 857 €55
2023 Q42 657 250 €▲ 27%221 726 €151 666 €56
2023 Q33 666 605 €▲ 2%245 161 €326 337 €58
Show full history (18 quarters)
2023 Q25 430 063 €▼ 33%182 183 €90 832 €60
2023 Q11 984 932 €▼ 53%173 766 €163 029 €62
2022 Q42 091 132 €224 782 €172 659 €62
2022 Q33 597 122 €266 094 €311 714 €63
2022 Q28 128 638 €287 366 €171 633 €77
2022 Q14 214 299 €206 194 €0 €75

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue14,0 m €▲ 3%13,5 m €▲ 22%11,1 m €▼ 21%14,0 m €▼ 2%14,3 m €
Profit1,6 m €▲ 4%1,5 m €▲ 36%1,1 m €▼ 37%1,8 m €▼ 19%2,2 m €
Profit margin11,1%11,0%9,9%12,5%15,1%
Retained earnings9,8 m €▲ 8%9,1 m €▲ 9%8,3 m €▲ 17%7,1 m €▲ 27%5,5 m €
Cash1,6 m €▼ 47%3,1 m €▲ 135%1,3 m €▲ 14×92 923 €▲ 311%22 603 €
Current assets6,9 m €▼ 6%7,4 m €▲ 20%6,1 m €▼ 3%6,3 m €▲ 13%5,6 m €
Fixed assets5,4 m €▲ 22%4,4 m €▲ 2%4,3 m €▲ 32%3,3 m €▼ 5%3,4 m €
Assets12,3 m €▲ 4%11,8 m €▲ 13%10,4 m €▲ 9%9,5 m €▲ 6%9,0 m €
Current liabilities847 k €▼ 14%988 k €▲ 39%711 k €▲ 61%443 k €▼ 59%1,1 m €
Long-term liabilities0 €▼ 100%161 k €▼ 36%251 k €▲ 18%213 k €▲ 83%117 k €
Total liabilities847 k €▼ 26%1,1 m €▲ 19%962 k €▲ 47%656 k €▼ 45%1,2 m €
Equity11,4 m €▲ 8%10,6 m €▲ 12%9,5 m €▲ 6%8,9 m €▲ 14%7,8 m €
Labour costs2,7 m €▲ 17%2,3 m €▲ 8%2,1 m €▼ 14%2,4 m €▲ 14%2,1 m €
Employees63▲ 9%58▼ 2%59▼ 17%71▼ 9%78
Filed30.06.202625.06.202526.06.202409.06.202313.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Manufacture of other builders' carpentry and joinery main activity1623113 735 939 €98%
Puidu saagimine ja hööveldamine16111237 839 €2%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

3 457 € makseid · 3 toetust

Transactions with state institutions

2024271 €
20233 186 €

Largest payers

Eesti Töötukassa3 457 €
All payments by month
MonthPayerTypeFieldAmount
01.2024Eesti TöötukassaOperating costsSocial protection of the unemployed271 €
12.2023Eesti TöötukassaOperating costsSocial protection of the unemployed275 €
11.2023Eesti TöötukassaOperating costsSocial protection of the unemployed652 €
10.2023Eesti TöötukassaOperating costsSocial protection of the unemployed913 €
09.2023Eesti TöötukassaOperating costsSocial protection of the unemployed1 347 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Toetuse saanud projektid

ProjektMeedePerioodToetusVälja makstud
Ekspordi arendamine 2012-2014
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Ekspordi arendamise toetus15.11.2012 – 14.11.201413 488 €
Rahvusvahelise turundusjuhi kaasamine OÜ Baltic Connexions meeskonda
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Arendustöötajate kaasamise toetus01.05.2012 – 30.04.2015358 930 €
Kõrge lisandväärtusega puidutoodete ekspordi arendamiseks
Lõpetatud · Ettevõtluse ja Innovatsiooni Sihtasutus
Eksporditurunduse toetus05.02.2010 – 31.01.201237 662 €

Riigi Tugiteenuste Keskus, toetatud projektid

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

4

Top 20 in activity: Manufacture of other builders' carpentry and joinery

20
#CompanyRevenue
1AS Palmako76,0 m €
2osaühing Harmet62,4 m €
3OÜ Module Tech22,0 m €
4OÜ Saru Lauavabrik17,0 m €
5osaühing Baltic Connexions14,0 m €
6Ramirent Modular Factory AS13,8 m €
7Auroom OÜ12,9 m €
8Osaühing NOVARA11,7 m €
9Compact Home OÜ10,2 m €
10Baltresto Production OÜ9,7 m €
11Saunasell OÜ8,4 m €
12Ecosauna Project OÜ8,0 m €
13Aktsiaselts Matek7,9 m €
14Timbeco Woodhouse OÜ7,8 m €
15Iglucraft OÜ7,5 m €
16WELEMENT AS7,4 m €
17Osaühing Sandla Puit7,0 m €
18Hansa24 Group OÜ6,9 m €
19osaühing CAPRA6,6 m €
20Osaühing Valge VN5,3 m €

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

4 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Joint frequency permitSLM21/137901.04.2021 kuni 31.03.2023

Commercial pledges

NumberPandipidajaAmountSince
2AS SEB Pank411 490 €27.12.2017
1AS SEB Pank498 511 €30.01.2004

Domains

DomainSource
balcon.eeemail

History and notices

38
DateTypeContent
19.12.2025EntryAmendment entry
25.11.2024EntryAmendment entry
12.11.2024Order to remedy deficienciesAmendment entry
01.08.2024EntryAmendment entry
01.07.2024Administrative orderAmendment entry
13.05.2024Order to remedy deficienciesAmendment entry
13.05.2024Order to remedy deficienciesAmendment entry
01.09.2023EntryAmendment entry
29.08.2022EntryKommertspandi muutmiskanne
26.08.2022Order to remedy deficienciesKommertspandi avamiskanne
04.02.2021EntryAmendment entry
25.11.2020Lõivu tagastamise määrus (NAP)
21.09.2020EntryAmendment entry
05.12.2019EntryAmendment entry
02.12.2019Order to remedy deficienciesAmendment entry
16.01.2019EntryAmendment entry
10.12.2018Administrative orderAmendment entry
30.11.2018Order to remedy deficienciesAmendment entry
20.11.2018Order to remedy deficienciesAmendment entry
01.11.2018Order to remedy deficienciesAmendment entry
16.10.2018Administrative order
17.01.2018EntryAmendment entry
27.12.2017EntryKommertspandi avamiskanne
13.12.2017EntryAmendment entry
03.12.2017EntryAmendment entry
29.04.2016EntryAmendment entry
13.04.2016Administrative orderAmendment entry
12.04.2016Order to remedy deficienciesAmendment entry
12.11.2013EntryAmendment entry
18.01.2012EntryAmendment entry
16.01.2012Order to remedy deficienciesAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
27.08.2007EntryAmendment entry
12.03.2007EntryAmendment entry
16.01.2007Kättetoimetatav puuduste kõrvaldamise määrusAmendment entry
21.04.2006EntryKommertspandi muutmiskanne
04.03.2005Jaatav kandeotsusKommertspandi muutmiskanne
30.01.2004Jaatav kandeotsusKommertspandi avamiskanne