ETENRU

Osaühing Baltfarma

Compare
RegisteredHarju County
Registry code
11387806
VAT number
EE101183680
Address
Harju maakond, Tallinn, Mustamäe linnaosa, Akadeemia tee 45, 13520
Registered
16.05.2007 · 19 yrs
Activity
Non-specialised wholesale trade 46901
Additional activities
Other business support service activities n.e.c.
Capital
2 556 €
Email
i•••@b•••.eeLog in to see
Website
www.baltfarma.ee from email
Business Register 05.10.2026
Sales revenue41,1 m €+13%2025 annual report
Employees30Tax Board 2026 Q2
Average gross salary2 034 €estimate, Tax Board 2026 Q2
Labour taxes per quarter93 338 €Tax Board 2026 Q2
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months76,4 m €+14%Tax Board, last 4 quarters
State taxes 12 months3,4 m €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 19,4 mln €
14,7 M18,0 M17,6 M17,0 M16,7 M19,9 M20,4 M19,4 M
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
74 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · 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 → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 14% vs a year earlier
Notification when something changes
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

4 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 3
Helis Selge3 companiesno tax debtPersonal ID ↗06.11.2019
Jaagup Valma9 companiesno tax debtPersonal ID ↗09.01.2026
Kristiina Joosu2 companiesno tax debtPersonal ID ↗14.05.2021
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.09.07.2018
Shareholders 1
Omanikukonto: EUROAPOTHECA UAB100,0% 2 556 €16.08.2023
Beneficial owners 1
Nerijus Numakaudne osalus27.03.2025

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue4,6%
Labour taxes / revenue0,5%
Revenue per employee per month215 805 €
Gross salary (estimate)2 034 €
Net salary (estimate)1 683 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q219 422 447 €▲ 15%93 338 €892 028 €30
2026 Q120 407 758 €▲ 16%77 884 €884 580 €30
2025 Q419 893 532 €▲ 11%84 570 €860 346 €28
2025 Q316 688 980 €▲ 14%86 281 €752 125 €30
2025 Q216 950 487 €▲ 5%80 816 €794 075 €30
2025 Q117 640 709 €▲ 10%94 088 €784 522 €29
2024 Q417 975 994 €▲ 5%78 117 €766 526 €30
2024 Q314 690 241 €▲ 4%77 470 €680 971 €31
2024 Q216 121 578 €▲ 7%101 582 €669 498 €30
2024 Q116 100 636 €▲ 4%70 015 €798 786 €29
2023 Q417 161 286 €▲ 7%70 514 €756 202 €30
2023 Q314 153 448 €▲ 14%69 521 €701 118 €29
Show full history (18 quarters)
2023 Q215 095 991 €▲ 4%68 688 €690 715 €28
2023 Q115 459 810 €▲ 5%71 540 €646 700 €32
2022 Q416 096 498 €58 006 €696 074 €29
2022 Q312 390 860 €66 109 €625 253 €32
2022 Q214 465 357 €57 029 €641 953 €30
2022 Q114 756 449 €63 464 €698 891 €32

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 revenue41,1 m €▲ 13%36,3 m €▲ 6%34,3 m €▲ 7%32,2 m €▲ 11%29,1 m €
Profit—-812 k €▼ into loss524 k €——
Profit margin—-2,2%1,5%——
Retained earnings—7,3 m €▲ 8%6,7 m €——
Cash—1,2 m €▲ 21%1,0 m €——
Current assets—16,0 m €▼ 3%16,4 m €——
Fixed assets—1,9 m €▼ 3%1,9 m €——
Assets18,7 m €▲ 5%17,8 m €▼ 3%18,3 m €▲ 1%18,2 m €▲ 10%16,5 m €
Current liabilities—7,9 m €▲ 5%7,5 m €——
Long-term liabilities—3,5 m €▼ 2%3,6 m €——
Total liabilities—11,4 m €▲ 3%11,1 m €——
Equity—6,4 m €▼ 11%7,3 m €——
Labour costs—273 k €▼ 15%322 k €——
Employees30▼ 3%31▲ 3%30▲ 3%29▼ 3%30
Filed29.06.202630.06.202524.05.202430.10.202316.06.2022
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
Non-specialised wholesale trade main activity4690141 060 304 €100%
Other business support service activities n.e.c.8299121 279 €0%

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 05.10.2026

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

97 770 € makseid

Transactions with state institutions

20252 477 €
202451 365 €
202343 929 €

Largest payers

Tervisekassa49 020 €
SA Põhja-Eesti Regionaalhaigla29 992 €
SA Tartu Ülikooli Kliinikum12 670 €
Eesti Töötukassa4 822 €
SA Tallinna Lastehaigla1 267 €
All payments by month
MonthPayerTypeFieldAmount
03.2025Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
02.2025Eesti TöötukassaMuud toetusedSocial protection of the unemployed886 €
01.2025Eesti TöötukassaMuud toetusedSocial protection of the unemployed705 €
12.2024Eesti TöötukassaMuud toetusedSocial protection of the unemployed820 €
11.2024Eesti TöötukassaMuud toetusedSocial protection of the unemployed820 €
10.2024Eesti TöötukassaMuud toetusedSocial protection of the unemployed705 €
04.2024TervisekassaSotsiaaltoetusedOther health care, incl. administration49 020 €
04.2023SA Tallinna LastehaiglaOperating costsGeneral hospital services1 267 €
02.2023SA Põhja-Eesti RegionaalhaiglaOperating costsSpecialised hospital services15 837 €
02.2023SA Tartu Ülikooli KliinikumOperating costsGeneral hospital services12 670 €
01.2023SA Põhja-Eesti RegionaalhaiglaOperating costsSpecialised hospital services14 154 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

9
Osaühing EUROAPTEEKHelis Selge, Jaagup Valma, Kristiina Joosu13,2 m €AAKolmik OÜJaagup Valma2,1 m €AARiwekol OÜJaagup Valma755 k €AAAnSel Consultations OÜHelis Selge85 156 €BBBFennern OÜJaagup Valma28 730 €AFunding Secured OÜJaagup Valma4 597 €ATimberBygg Solutions OÜJaagup Valma0 €Ehitamine24 OÜJaagup Valma0 €BBOÜ 3ik WealthJaagup Valma0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Non-specialised wholesale trade

20
#CompanyRevenue
1Osaühing Supergate246,9 m €
2AS Kesko Senukai Estonia118,1 m €
3MULTIMODALHD EESTI OÜ97,2 m €
4Aktsiaselts Onninen88,8 m €
5Jungent Estonia OÜ72,3 m €
6MHV Builders OÜ67,4 m €
7Viridis oleum OÜ57,9 m €
8DMO Commerce OÜ49,5 m €
9N.G.P EUROPE OÜ44,4 m €
10Osaühing Baltfarma41,1 m €
11Keystone Shipping OÜ40,7 m €
12Equip HoReCa OÜ40,4 m €
13R.A.Y.S. Group OÜ34,1 m €
14Trade2023 OÜ27,2 m €
15Linas Agro OÜ26,2 m €
16HORECA SERVICE OÜ25,2 m €
17KemiMet International OÜ23,1 m €
18Lidel OÜ22,5 m €
19Agrooiltrade OÜ22,5 m €
20Skainteir OÜ22,3 m €

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

Domains

1 records

Domains

DomainSource
baltfarma.eeemail

History and notices

40
DateTypeContent
10.08.2026EntryAmendment entry
07.08.2026Order to remedy deficienciesAmendment entry
04.08.2026Order to remedy deficienciesAmendment entry
09.01.2026EntryAmendment entry
14.05.2025Negative entry order: deficiencies not remediedAmendment entry
28.04.2025Order to remedy deficienciesAmendment entry
06.03.2025EntryAmendment entry
01.12.2023EntryAmendment entry
10.10.2023EntryAmendment entry
15.06.2023EntryAmendment entry
13.04.2023EntryAmendment entry
10.04.2023Order to remedy deficienciesAmendment entry
12.12.2022EntryAmendment entry
20.09.2022EntryAmendment entry
29.06.2022EntryAmendment entry
07.01.2022EntryAmendment entry
26.10.2021EntryMuutmiskanne ÄS § 525 lg 2 alusel
21.10.2021EntryAmendment entry
22.07.2021EntryAmendment entry
14.05.2021EntryAmendment entry
12.05.2021EntryAmendment entry
26.03.2021EntryAmendment entry
04.03.2021Order to remedy deficienciesAmendment entry
03.03.2021Order to remedy deficienciesAmendment entry
15.12.2020EntryAmendment entry
13.10.2020EntryAmendment entry
06.10.2020EntryAmendment entry
08.01.2020EntryAmendment entry
07.01.2020Administrative order
06.11.2019EntryAmendment entry
29.10.2019Order to remedy deficienciesAmendment entry
11.10.2019Administrative order
31.08.2019EntryAmendment entry
14.08.2019Order to remedy deficienciesAmendment entry
13.08.2019Administrative order
15.07.2019EntryAmendment entry
15.07.2019Order to remedy deficienciesAmendment entry
13.06.2019Administrative order
12.04.2019EntryAmendment entry
29.03.2019Order to remedy deficienciesAmendment entry