Baltic Works OÜ
- Registry code
- 10888570
- VAT number
- EE100778083
- Address
- Harju maakond, Rae vald, Jüri alevik, Tiigi tn 18, 75301
- Registered
- 27.08.2002 · 24 yrs
- Activity
- Manufacture of other electrical equipment 27901
- Capital
- 2 680 €
- b•••@b•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- Website
- www.bw.ee from email
Business Register 06.10.2026
Sales revenue10,1 m €+14%2025 annual report
Profit662 k €2025 annual report
Employees38Tax Board 2026 Q2
Average gross salary2 281 €estimate, Tax Board 2026 Q2
Labour taxes per quarter133 k €Tax Board 2026 Q2
Cash739 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months16,9 m €+24%Tax Board, last 4 quarters
State taxes 12 months1,3 m €Tax Board, last 4 quarters
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
Follow companyNotification when something changesRatingAA → AAA
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 24% vs a year earlier
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Board and owners
2 persons
| Board 2 | ||
|---|---|---|
| Anders Johan Granberg2 companiesno tax debt | 25.07.1967 (59 a)Personal ID ↗ | 10.04.2019 |
| Lauri Mällo4 companiesno tax debt | Personal ID ↗ | 04.02.2004 |
| Shareholders 2 | ||
| Star Works Group Oy Ab | 90,0% 2 412 € | 01.09.2023 |
| Lauri Mällo | 10,0% 268 € | 01.09.2023 |
| Beneficial owners 4 | ||
| Anders Henrik Stahlmember of the senior management body, i.e. management or supervisory board member | 11.10.2018 | |
| Anders Johan Granbergmember of the senior management body, i.e. management or supervisory board member | 11.10.2018 | |
| Dan Harald Bogislaus Hohenthalmember of the senior management body, i.e. management or supervisory board member | 11.10.2018 | |
| Roy Leopold Granbergmember of the senior management body, i.e. management or supervisory board member | 11.10.2018 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue9,2%
Labour taxes / revenue2,9%
Revenue per employee per month40 045 €
Gross salary (estimate)2 281 €
Net salary (estimate)1 869 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 4 565 097 € | ▲ 28% | 132 619 € | 421 707 € | 38 |
| 2026 Q1 | 3 624 540 € | ▲ 18% | 136 945 € | 278 577 € | 37 |
| 2025 Q4 | 4 325 190 € | ▲ 23% | 137 883 € | 306 450 € | 37 |
| 2025 Q3 | 4 418 313 € | ▲ 28% | 141 232 € | 294 937 € | 37 |
| 2025 Q2 | 3 571 900 € | ▼ 6% | 139 423 € | 404 166 € | 39 |
| 2025 Q1 | 3 072 182 € | ▼ 10% | 133 380 € | 246 096 € | 38 |
| 2024 Q4 | 3 514 894 € | ▼ 8% | 125 147 € | 236 969 € | 37 |
| 2024 Q3 | 3 454 736 € | ▼ 3% | 130 432 € | 225 407 € | 37 |
| 2024 Q2 | 3 784 728 € | ▼ 2% | 123 014 € | 354 122 € | 37 |
| 2024 Q1 | 3 421 913 € | ▲ 6% | 125 082 € | 232 319 € | 37 |
| 2023 Q4 | 3 807 754 € | ▲ 13% | 120 509 € | 232 435 € | 37 |
| 2023 Q3 | 3 554 277 € | ▲ 5% | 128 170 € | 244 159 € | 37 |
Show full history (18 quarters)
| 2023 Q2 | 3 850 013 € | ▲ 24% | 110 627 € | 230 134 € | 36 |
| 2023 Q1 | 3 231 960 € | ▼ 1% | 106 991 € | 213 770 € | 33 |
| 2022 Q4 | 3 367 251 € | 95 826 € | 217 614 € | 33 | |
| 2022 Q3 | 3 383 886 € | 97 347 € | 204 399 € | 32 | |
| 2022 Q2 | 3 099 723 € | 89 531 € | 231 890 € | 31 | |
| 2022 Q1 | 3 267 210 € | 87 361 € | 192 678 € | 30 |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 10,1 m € | ▲ 14% | 8,8 m € | ▼ 5% | 9,3 m € | ▲ 22% | 7,6 m € | ▲ 8% | 7,0 m € |
| Profit | 662 k € | ▲ 11% | 595 k € | ▼ 26% | 804 k € | ▲ 182% | 286 k € | ▼ 8% | 310 k € |
| Profit margin | 6,6% | 6,8% | 8,7% | 3,8% | 4,4% | ||||
| Retained earnings | 3,9 m € | ▲ 3% | 3,8 m € | ▲ 9% | 3,5 m € | ▲ 3% | 3,4 m € | ▲ 3% | 3,3 m € |
| Cash | 739 k € | ▲ 53% | 483 k € | ▲ 70% | 285 k € | ▼ 6% | 304 k € | ▼ 37% | 483 k € |
| Current assets | 5,1 m € | ▲ 13% | 4,5 m € | ▼ 4% | 4,7 m € | ▲ 7% | 4,4 m € | ▲ 9% | 4,0 m € |
| Fixed assets | 545 k € | ▼ 26% | 731 k € | ▼ 16% | 872 k € | ▲ 58% | 552 k € | ▲ 86% | 296 k € |
| Assets | 5,6 m € | ▲ 8% | 5,2 m € | ▼ 6% | 5,6 m € | ▲ 13% | 4,9 m € | ▲ 14% | 4,3 m € |
| Current liabilities | 1,1 m € | ▲ 27% | 833 k € | ▼ 35% | 1,3 m € | ▲ 1% | 1,3 m € | ▲ 69% | 745 k € |
| Total liabilities | 1,1 m € | ▲ 27% | 833 k € | ▼ 35% | 1,3 m € | ▲ 1% | 1,3 m € | ▲ 69% | 745 k € |
| Equity | 4,6 m € | ▲ 4% | 4,4 m € | ▲ 3% | 4,3 m € | ▲ 17% | 3,7 m € | ▲ 2% | 3,6 m € |
| Labour costs | -1,3 m € | ▼ 6% | -1,2 m € | ▼ 5% | -1,2 m € | ▼ 26% | -936 k € | ▼ 11% | -844 k € |
| Employees | 48 | ▲ 7% | 45 | ▲ 7% | 42 | ▲ 14% | 37 | ▲ 6% | 35 |
| Filed | 30.06.2026 | 20.06.2025 | 26.03.2024 | 28.03.2023 | 23.03.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Manufacture of other electrical equipment main activity | 27901 | 10 052 247 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
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
739 € makseid
Transactions with state institutions
2026739 €
Largest payers
| Eesti Töötukassa | 739 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 02.2026 | Eesti Töötukassa | Muud toetused | Social protection of the unemployed | 739 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
3
Fiberbar Composites OÜLauri Mällo1,5 m €AAASWG Estate OÜAnders Johan Granberg, Lauri Mällo844 k €AAMittetulundusühing Lootuse KülaLauri Mällo740 k €AA
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Manufacture of other electrical equipment
20
| # | Company | Revenue |
|---|---|---|
| 1 | Legrand Estonia OÜ | 61,2 m € |
| 2 | Ensto Estonia AS | 49,9 m € |
| 3 | aktsiaselts M ja P NURST | 14,7 m € |
| 4 | Fineltec Industry OÜ | 11,3 m € |
| 5 | Baltic Works OÜ | 10,1 m € |
| 6 | Mascot Baltic Osaühing | 9,6 m € |
| 7 | TE Energy OÜ | 8,5 m € |
| 8 | TDR Systems OÜ | 6,8 m € |
| 9 | Mirion Technologies Selmic Baltic OÜ | 5,2 m € |
| 10 | Osaühing Springmar | 3,6 m € |
| 11 | HALORED OÜ | 3,5 m € |
| 12 | OÜ Boomerang Cable | 3,2 m € |
| 13 | Adfactory Design OÜ | 2,2 m € |
| 14 | Saunum Saunas OÜ | 1,9 m € |
| 15 | RD Electronic OÜ | 1,7 m € |
| 16 | Luminescence OÜ | 1,5 m € |
| 17 | Fiberbar Composites OÜ | 1,5 m € |
| 18 | OÜ TR-TAIV | 1,5 m € |
| 19 | OÜ Stargate Hydrogen Solutions | 1,3 m € |
| 20 | Fintall Estonia OÜ | 985 k € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Pandid, domeenid
2 records
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 1 | aktsiaselts Hansapank | 3 500 000 € | 02.08.2007 |
Domains
| Domain | Source |
|---|---|
| bw.ee |
History and notices
18
| Date | Type | Content |
|---|---|---|
| 01.09.2023 | Entry | Amendment entry |
| 10.04.2019 | Entry | Amendment entry |
| 17.01.2018 | Entry | Amendment entry |
| 08.11.2017 | Entry | Amendment entry |
| 31.05.2017 | Entry | Amendment entry |
| 30.05.2017 | Entry | Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel) |
| 08.05.2017 | Order to remedy deficiencies | Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel) |
| 03.04.2012 | Entry | Amendment entry |
| 14.09.2011 | Entry | Amendment entry |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 20.12.2007 | Entry | Amendment entry |
| 11.12.2007 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 02.08.2007 | Entry | Kommertspandi avamiskanne |
| 04.02.2004 | Jaatav kandeotsus | Amendment entry |
| 07.01.2004 | Kättetoimetatav puuduste kõrvaldamise määrus | Amendment entry |
| 13.11.2002 | Jaatav kandeotsus | Avaldatav muutmiskanne |
| 04.10.2002 | Kättetoimetatav puuduste kõrvaldamise määrus | Avaldatav muutmiskanne |
| 26.08.2002 | Jaatav kandeotsus | First entry |