Akzo Nobel Baltics AS

Legal form:: Public limited company
Registry code:: 10055433
VAT no.:: EE100125869
Fiscal-year period:: 01.01 - 31.12
Established:: 08.07.1996 (30 y)
Former business names:: ES Sadolin AS
Capital:: 70 951,20 EUR
Address:: R. Tobiase tn 8, Kesklinna linnaosa, Tallinn, Harju maakond, 10147
Status:: Registered

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Contacts

Phone:: +372 6305299
Email:: Elena.Past@akzonobel.com

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Industries

MANUFACTURING
Manufacture of chemicals and chemical products
20301 – Manufacture of paints, varnishes, coatings, printing ink and mastics

Industry TOPNo. 2 of 13 companies

1.Wolf Group OÜ98.1M €
2.Akzo Nobel Baltics AS52.7M €
3.Aktsiaselts Eskaro18.4M €
4.AUTOPAINT OÜ9.4M €
5.Henkel Balti Operations OÜ7.9M €
6.Aktsiaselts Hermseal1.2M €
7.Autopaint Eesti OÜ1.1M €
8.OÜ Epokate897.3k €
9.OÜ Amello Grupp367.3k €
10.Automotive Refinish OÜ165.7k €

Main activity 20301 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100125869	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	02.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	11.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	21.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	10.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	17.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	21.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	22.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	29.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	17.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	14.04.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	04.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	26.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	22.03.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	29.03.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	25.03.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	04.04.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	19.03.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	30.03.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	05.04.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	18.03.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	20.03.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	15.04.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	18.04.2001	Valid	PDF

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No unsubmitted declarations as of 23.10.2026.

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Tax debt Reports Declarations Court decisions2 Official announcements7 TTJA decisions–Real estate8 .ee domains1 Licenses–Regulations26 Public transactions4 Grants–State aid13 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	680 038 €	708 370 €	14,5 M €+4,7%	170
2026 Q2	731 590 €	750 671 €	13,8 M €+25,1%	167
2026 Q1	676 915 €	690 955 €	11,0 M €−17,7%	170
Total 2026:	2,09 M €	2,15 M €	39,3 M €
2025 Q4	1,52 M €	673 936 €	13,4 M €−9,6%	159
2025 Q3	669 447 €	688 571 €	14,8 M €+1,0%	158
2025 Q2	662 520 €	694 386 €	14,7 M €+17,5%	159
2025 Q1	624 695 €	612 910 €	12,5 M €−19,1%	156
Total 2025:	3,48 M €	2,67 M €	55,4 M €
2024 Q4	0 €	554 736 €	15,5 M €+15,0%	150
2024 Q3	531 782 €	543 376 €	13,4 M €+2,3%	146
2024 Q2	582 224 €	572 177 €	13,1 M €+33,9%	145
2024 Q1	541 478 €	542 246 €	9,82 M €−30,6%	137
Total 2024:	1,66 M €	2,21 M €	51,9 M €
2023 Q4	669 315 €	453 997 €	14,1 M €−3,8%	127
2023 Q3	0 €	463 477 €	14,7 M €+23,7%	129
2023 Q2	429 423 €	446 343 €	11,9 M €+15,5%	127
2023 Q1	475 869 €	467 905 €	10,3 M €−15,9%	121
Total 2023:	1,57 M €	1,83 M €	51,0 M €
2022 Q4	1,24 M €	481 176 €	12,2 M €−13,5%	119
2022 Q3	286 104 €	459 751 €	14,2 M €+1,6%	121
2022 Q2	239 872 €	488 087 €	13,9 M €+46,9%	126
2022 Q1	237 203 €	469 377 €	9,49 M €−15,1%	135
Total 2022:	2,01 M €	1,90 M €	49,8 M €
2021 Q4	664 068,50 €	403 334,74 €	11,2 M €−29,5%	128
2021 Q3	156 292,29 €	443 805,25 €	15,9 M €+18,5%	134
2021 Q2	4 258,57 €	475 929,99 €	13,4 M €+51,5%	137
2021 Q1	418 389,46 €	484 486,64 €	8,84 M €−26,0%	136
Total 2021:	1,24 M €	1,81 M €	49,3 M €
2020 Q4	82 834,04 €	418 713,75 €	11,9 M €−1,8%	126
2020 Q3	98 165,95 €	397 269,14 €	12,2 M €+15,5%	133
2020 Q2	357 913,93 €	439 434,43 €	10,5 M €+18,7%	134
2020 Q1	354 309 €	480 562 €	8,88 M €−19,8%	135
Total 2020:	893 222,92 €	1,74 M €	43,5 M €
2019 Q4	0 €	393 542 €	11,1 M €−3,5%	137
2019 Q3	373 102 €	439 352 €	11,5 M €+3,7%	139
2019 Q2	4 513 €	426 609 €	11,1 M €+35,5%	139
2019 Q1	143 664 €	440 056 €	8,16 M €−25,4%	139
Total 2019:	521 279 €	1,70 M €	41,8 M €
2018 Q4	0 €	390 411 €	10,9 M €+3,4%	135
2018 Q3	40 304 €	412 148 €	10,6 M €−3,8%	140
2018 Q2	0 €	450 464 €	11,0 M €+37,8%	141
2018 Q1	83 215 €	459 694 €	7,98 M €−31,2%	143
Total 2018:	123 519 €	1,71 M €	40,5 M €
2017 Q4	0 €	403 773 €	11,6 M €−0,7%	143
2017 Q3	811 835 €	447 790 €	11,7 M €+8,0%	143
2017 Q2	0 €	454 744 €	10,8 M €+41,3%	147
2017 Q1	219 360 €	441 484 €	7,64 M €−13,1%	148
Total 2017:	1,03 M €	1,75 M €	41,7 M €
2016 Q4	190 906 €	453 631 €	8,79 M €+0,8%	150
2016 Q3	-20 205 €	450 058 €	8,72 M €−11,4%	150
2016 Q2	981 447 €	508 215 €	9,85 M €−0,5%	150
2016 Q1	214 925 €	510 744 €	9,90 M €+10,3%	150
Total 2016:	1,37 M €	1,92 M €	37,3 M €
2015 Q4	150 115 €	424 660 €	8,98 M €−11,1%	162
2015 Q3	266 171 €	477 585 €	10,1 M €−3,1%	162
2015 Q2	1,44 M €	492 795 €	10,4 M €+13,5%	162
2015 Q1	234 079 €	434 267 €	9,18 M €	162
Total 2015:	2,09 M €	1,83 M €	38,7 M €

Revenue by industry

	2023	2024	2025
Manufacture of paints, varnishes, coatings, printing ink and mastics	44 066 600 €	47 021 000 €	48 969 000 €

Tax debts

No tax debt found

No tax debt as of 17.10.2026

Representatives

	Personal ID code
Elena Past	46507XXXXXX	22.07.1965 (61)	Board member	11.01.2016	-

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Shareholders

	Personal ID code
AKZO NOBEL COATINGS INT.B.V.	NL907XXXX	-	Shareholder	70 951,20 EUR	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Piotr Maciag	-	23.08.1966 (60)	Supervisory-board member	04.09.2025	-
Brian Andrew Chapman	-	13.08.1978 (48)	Supervisory-board member	21.03.2025	-
Kathryn Michelle Ledson	-	15.04.1977 (49)	Chairman of the supervisory board	13.10.2023	-
Kathryn Michelle Ledson	-	15.04.1977 (49)	Supervisory-board member	29.09.2022	-
Eva Jansen-Diener	47812XXXXXX	10.12.1978 (47)	Audit firm	09.06.2017	-

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Ultimate beneficial owners

	Personal ID code
Gregoire Marie Eric Poux-Guillaume	-	26.01.1970 (56)	Member of higher governing body (board or supervisory board)	08.11.2023	-
Maarten de Vries	-	17.01.1962 (64)	Member of higher governing body (board or supervisory board)	01.11.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 14 455 351 €
Monthly average: 4 818 450 €
Per employee: 28 344 €
Equity ratio: 6 791,22%

Labour taxes

Turnover ratio: 4,90%
Tax ratio: 104,17%
Monthly average: 236 123 €
Per employee: 1 401 €

State taxes

Monthly average: 226 679 €
Turnover ratio: 4,70%

Estimated salary

Gross salary: 2 582 €
Net salary: 2 096 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	11 022 000 €−27,5%	15 208 000 €+26,1%	12 059 000 €−13,4%	13 920 000 €−2,6%	14 298 000 €+10,1%	12 988 000 €+12,0%	11 600 000 €
Non-current assets	11 886 000 €+47,3%	8 069 000 €+37,1%	5 886 000 €+8,5%	5 427 000 €−7,8%	5 889 000 €−3,8%	6 120 000 €−0,5%	6 152 000 €
Total assets	22 908 000 €−1,6%	23 277 000 €+29,7%	17 945 000 €−7,2%	19 347 000 €−4,2%	20 187 000 €+5,6%	19 108 000 €+7,6%	17 752 000 €
Short-term liabilities	7 949 000 €+1,4%	7 843 000 €+87,6%	4 180 000 €+23,1%	3 395 000 €−22,4%	4 377 000 €−2,6%	4 495 000 €+7,7%	4 173 000 €
Long-term liabilities	440 000 €−1,8%	448 000 €+72,3%	260 000 €+73,3%	150 000 €+11,1%	135 000 €−37,5%	216 000 €−23,7%	283 000 €
Total liabilities	8 389 000 €+1,2%	8 291 000 €+86,7%	4 440 000 €+25,2%	3 545 000 €−21,4%	4 512 000 €−4,2%	4 711 000 €+5,7%	4 456 000 €
Share or stock capital	71 000 €	71 000 €	71 000 €	71 000 €	71 000 €	71 000 €	71 000 €
Retained earnings	2 893 000 €	2 893 000 €	2 893 000 €	2 893 000 €	2 893 000 €	2 893 000 €	2 894 000 €
Net profit	2 572 000 €−15,4%	3 039 000 €+95,1%	1 558 000 €−59,6%	3 855 000 €+3,4%	3 728 000 €+52,2%	2 450 000 €+81,8%	1 348 000 €
Equity	14 519 000 €−3,1%	14 986 000 €+11,0%	13 505 000 €−14,5%	15 802 000 €+0,8%	15 675 000 €+8,9%	14 397 000 €+8,3%	13 296 000 €
Turnover	49 195 000 €+4,1%	47 238 000 €+7,2%	44 067 000 €−5,0%	46 387 000 €−0,2%	46 466 000 €+13,8%	40 821 000 €+3,5%	39 433 000 €
Profit margin	5,2%	6,4%	3,5%	8,3%	8,0%	6,0%	3,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	4,1	3,3
Quick ratio	4,1	3,2
Cash ratio	1,5	0,5
Efficiency
Days sales outstanding (dso)	81,4	75,7
Asset turnover	2,3	2,4
Structure
Debt ratio	0,2	0,2
Profitability
Operating margin	9,5%	9,1%
Net profit margin	8,3%	8,0%
Return on assets (roa)	19,5%	19,0%
Return on equity (roe)	24,4%	23,8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10003280 / 18	13.10.2025	Entry – Amendment entry	-	Entered into force13.10.2025
Ä 10003280 / M8	06.06.2025	Directive order – Amendment entry	-	Entered into force06.06.2025
Ä 10003280 / M7	01.11.2024	Directive order	11.11.2024	Deficiencies remedied04.11.2024
Ä 10003280 / M6	07.07.2024	Fine-warning order – annual report not filed	06.08.2024	Deficiencies remedied13.07.2024
Ä 10003280 / M5	13.04.2021	Directive order	27.04.2021	Deficiencies remedied27.05.2021

Real estate

		Purpose
Kastani tn 5c, Rapla linn, Rapla vald, Rapla maakond	8275 m²	Industrial land 100%
Kastani tn 7, Mahlamäe küla, Rapla vald, Rapla maakond	9610 m²	Industrial land 100%
Kastani tn 7, Rapla linn, Rapla vald, Rapla maakond	21 353 m²	Industrial land 100%
Kastani tn 7a, Mahlamäe küla, Rapla vald, Rapla maakond	9684 m²	Industrial land 100%
Kastani tn 7a, Rapla linn, Rapla vald, Rapla maakond	2974 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-99-163/1	Kohtu I astme menetlus	Court ruling	Bankruptcy law	Indrek Saar	ECLI:EE:PMK:2011:2.99.163.23792	15.07.2011	Open
2-07-24530/18	Kohtu I astme menetlus	Court ruling	Labour law	Lea Pavelson	ECLI:EE:PMK:2010:2.07.24530.16209	14.04.2010	Open

Official announcements


Notice of granting or refusal of an integrated permit	03.03.2023	PDF
Notice of disclosure of the draft integrated permit	15.02.2023	PDF
Notice of initiation of proceedings for an integrated permit	10.01.2023	PDF
Notice of granting or refusal of an integrated permit	27.01.2020	PDF
Notices of commercial and non-profit associations and foundations	18.04.2013	PDF

Public transactions


15.07.2025	Eesti Töötukassa	356,44 €Received	OTHER GRANTSSocial protection of the unemployed
16.06.2025	Eesti Töötukassa	600 €Received	OTHER GRANTSSocial protection of the unemployed
21.05.2025	Eesti Töötukassa	342,86 €Received	OTHER GRANTSSocial protection of the unemployed
12.03.2025	Eesti Töötukassa	679,68 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


23.09.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 262108	Muu › MuuGrant	20 000 €	262108/2600021
28.04.2026	Riigi Tugiteenuste KeskusAid measure 231489	Regionaalareng (VTA) › MuuGrant	360 €	231489/2600662
13.03.2025	Riigi Tugiteenuste KeskusAid measure 231489	Regionaalareng (VTA) › MuuGrant	467,20 €	231489/2500803
28.02.2025	Eesti TöötukassaAid measure 221265	Palgatoetus VTA › Palgatoetus VTAGrant	1 299,30 €	221265/2500420
30.06.2020	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 16522	Maapiirkonnas majandustegevuse arendamine (VTA) › MuuGrant	75,41 €	16522/2200800

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


varvimaailm.ee	Active	04.07.2010	27.12.2026

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.