ETENRU

Baltic Power Engineering OÜ

RegisteredHarju County
Registry code
11743106
VAT number
EE101355120
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Raua tn 8-15, 10124
Registered
28.10.2009 · 16 yrs
Activity
Engineering activities and related technical consultancy 71129
Capital
2 556 €
Email
t•••@b•••.euLog in to see
Website
www.balticpower.eu
Business Register 05.10.2026
Sales revenue439 k €-33%2025 annual report
Profit66 811 €2025 annual report
Employees2Tax Board 2026 Q2
Average gross salary2 543 €estimate, Tax Board 2026 Q2
Labour taxes per quarter7 782 €Tax Board 2026 Q2
Cash55 049 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months410 k €-19%Tax Board, last 4 quarters
State taxes 12 months46 448 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 114 tuh €
141 k119 k130 k114 k99 k121 k76 k114 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
86 / 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 since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 19% vs a year earlier
Notification when something changes
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Toomas Koovit8 companiesno tax debtPersonal ID ↗12.11.2009
Shareholders 4
Adiabaat OÜ44,99% 1 150 €02.09.2023
TK Varad OÜ44,99% 1 150 €02.09.2023
Atko Siht5,01% 128 €02.09.2023
Vahur Sikaste5,01% 128 €02.09.2023
Beneficial owners 4
Atko Siht1 companyno tax debtdirect holding10.11.2021
Imre Soorand3 companiesno tax debtkaudne osalus13.09.2018
Toomas Koovit8 companiesno tax debtmember of the senior management body, i.e. management or supervisory board member13.09.2018
Vahur Sikaste1 companyno tax debtdirect holding10.11.2021

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue7,9%
Labour taxes / revenue6,8%
Revenue per employee per month18 987 €
Gross salary (estimate)2 543 €
Net salary (estimate)2 066 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2113 923 €▼ 0%7 782 €8 972 €2
2026 Q175 639 €▼ 42%7 792 €9 427 €2
2025 Q4120 780 €▲ 2%8 028 €14 474 €2
2025 Q399 279 €▼ 29%8 028 €13 575 €2
2025 Q2113 994 €▼ 45%8 028 €12 595 €2
2025 Q1129 559 €▼ 43%7 874 €10 250 €2
2024 Q4118 724 €▼ 55%7 661 €24 711 €2
2024 Q3140 810 €▼ 38%7 568 €7 030 €2
2024 Q2206 159 €▼ 2%8 128 €21 447 €2
2024 Q1227 281 €▲ 21%7 568 €7 092 €2
2023 Q4261 417 €▲ 34%7 568 €12 110 €2
2023 Q3226 462 €▲ 15%7 145 €13 894 €2
Show full history (18 quarters)
2023 Q2209 801 €▲ 93%6 581 €64 817 €2
2023 Q1188 547 €▲ 46%6 501 €18 060 €2
2022 Q4194 478 €5 388 €14 193 €2
2022 Q3197 615 €7 293 €23 709 €2
2022 Q2108 620 €6 301 €12 102 €2
2022 Q1129 058 €5 523 €9 717 €2

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 revenue439 k €▼ 33%654 k €▼ 27%890 k €▲ 40%636 k €▲ 85%343 k €
Profit66 811 €▼ 39%109 k €▼ 9%120 k €▼ 4%125 k €▲ 28×4 467 €
Profit margin15,2%16,7%13,5%19,7%1,3%
Retained earnings111 k €▲ 58×1 909 €▼ 95%37 131 €▼ 67%112 k €▼ 24%147 k €
Cash55 049 €▲ 10%49 900 €▼ 51%102 k €▼ 16%121 k €▲ 12×10 292 €
Current assets219 k €▲ 50%146 k €▼ 37%232 k €▼ 23%303 k €▲ 51%200 k €
Fixed assets1 885 €▼ 41%3 217 €▲ 13×257 €▼ 80%1 282 €▼ 44%2 307 €
Assets221 k €▲ 48%149 k €▼ 36%233 k €▼ 23%304 k €▲ 50%203 k €
Current liabilities39 899 €▲ 13%35 262 €▼ 52%73 105 €▲ 14%64 302 €▲ 33%48 346 €
Long-term liabilities0 €0 €0 €0 €0 €
Total liabilities39 899 €▲ 13%35 262 €▼ 52%73 105 €▲ 14%64 302 €▲ 33%48 346 €
Equity181 k €▲ 59%114 k €▼ 29%159 k €▼ 33%240 k €▲ 55%154 k €
Labour costs73 668 €▲ 2%71 980 €▲ 8%66 842 €▲ 13%59 153 €▼ 1%59 641 €
Employees3▲ 50%20%2▲ 100%10%1
Filed30.06.202630.06.202530.06.202430.06.202322.06.2022
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
Engineering activities and related technical consultancy main activity71129438 772 €100%

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 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

2 722 € makseid

Transactions with state institutions

20252 722 €

Largest payers

OÜ Tartu Valla Haldus2 722 €
All payments by month
MonthPayerTypeFieldAmount
11.2025OÜ Tartu Valla HaldusOperating costsOther housing and communal services2 722 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

7

Top 20 in activity: Engineering activities and related technical consultancy

20

Baltic Power Engineering OÜ: place 54 /734

Similar size: Saksa Automaatika Inseneribüroo OÜ, Pdat Estonia OÜ, FlyCore OÜ, VP Consulting OÜ, AMECON OSAÜHING, TekMare OÜ, FD2P Technologies OÜ, Akukon Eesti OÜ, Fundulefu Dumbaeny OÜ, Ektocomms OÜ

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

Licences, domains

2 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
ProjekteerimineEEP00465906.10.2021

Domains

DomainSource
balticpower.euBusiness Register

History and notices

14
DateTypeContent
02.09.2023EntryAmendment entry
10.11.2021EntryAmendment entry
22.10.2019EntryAmendment entry
23.09.2019Order to remedy deficienciesAmendment entry
18.09.2019Order to remedy deficienciesAmendment entry
22.06.2018Negative entry order: deficiencies not remediedAmendment entry
22.05.2018Order to remedy deficienciesAmendment entry
11.05.2018EntryAmendment entry
07.05.2018Order to remedy deficienciesAmendment entry
17.01.2018EntryAmendment entry
01.12.2017EntryAmendment entry
21.03.2011EntryAmendment entry
12.11.2009EntryAmendment entry
28.10.2009EntryFirst entry