Executive Search Baltics OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	09.10.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	09.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	28.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	19.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	18.08.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	24.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	20.11.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.05.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	03.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	19.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	07.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	15.05.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	27.06.2014	Valid	PDF
2013	01.01.2013 – 31.12.2013	08.05.2014	Expired	PDF
2012	01.01.2012 – 31.12.2012	19.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	13.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	14.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	08.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	29.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	06.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	19.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	22.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	30.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	29.04.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	22.04.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	16.04.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	27.06.2001	Valid	PDF
1999	01.01.1999 – 31.12.1999	-	-
1998	01.01.1998 – 31.12.1998	-	-

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Tax debt Reports Declarations Court decisions–Official announcements1 TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations24 Public transactions–Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	11 497 €	5 529 €	39 680 €−28,7%	1
2026 Q2	13 665 €	3 720 €	55 676 €−42,1%	3
2026 Q1	15 028 €	3 912 €	96 190 €+71,2%	1
Total 2026:	40 190 €	13 161 €	191 546 €
2025 Q4	7 310 €	3 969 €	56 174 €+83,1%	1
2025 Q3	7 515 €	6 134 €	30 678 €−33,7%	1
2025 Q2	10 066 €	6 455 €	46 240 €+15,8%	1
2025 Q1	6 309 €	6 381 €	39 938 €−2,2%	1
Total 2025:	31 200 €	22 939 €	173 030 €
2024 Q4	3 667 €	4 442 €	40 819 €−19,8%	2
2024 Q3	5 955 €	3 422 €	50 907 €+551%	1
2024 Q2	4 183 €	4 199 €	7 822 €−68,5%	1
2024 Q1	4 881 €	4 079 €	24 793 €−18,9%	2
Total 2024:	18 686 €	16 142 €	124 341 €
2023 Q4	6 134 €	3 874 €	30 562 €−27,8%	1
2023 Q3	12 318 €	9 115 €	42 328 €−14,0%	1
2023 Q2	6 038 €	5 384 €	49 239 €−27,9%	4
2023 Q1	9 428 €	6 817 €	68 246 €+23,8%	3
Total 2023:	33 918 €	25 190 €	190 375 €
2022 Q4	8 857 €	5 011 €	55 125 €−36,4%	2
2022 Q3	9 879 €	4 764 €	86 647 €−10,3%	2
2022 Q2	6 720 €	2 938 €	96 560 €+82,9%	2
2022 Q1	7 862 €	6 604 €	52 784 €−9,3%	2
Total 2022:	33 318 €	19 317 €	291 116 €
2021 Q4	5 480,28 €	5 965,98 €	58 182,86 €+92,0%	3
2021 Q3	5 331,76 €	2 818,47 €	30 305,89 €−52,3%	2
2021 Q2	7 046,81 €	3 664,11 €	63 550,66 €+33,1%	2
2021 Q1	7 604,93 €	4 363,50 €	47 754,91 €+16,0%	2
Total 2021:	25 463,78 €	16 812,06 €	199 794,32 €
2020 Q4	5 692,96 €	3 555,39 €	41 179,87 €−19,0%	2
2020 Q3	17 891,27 €	15 409,30 €	50 813,31 €−29,7%	1
2020 Q2	33 123,22 €	25 369,53 €	72 302,60 €−29,6%	2
2020 Q1	28 906 €	21 636 €	102 657 €−30,6%	4
Total 2020:	85 613,45 €	65 970,22 €	266 952,78 €
2019 Q4	36 523 €	19 178 €	147 968 €+31,9%	4
2019 Q3	24 985 €	16 758 €	112 145 €+7,4%	3
2019 Q2	22 219 €	12 558 €	104 414 €+61,4%	3
2019 Q1	27 203 €	23 118 €	64 703 €−28,7%	3
Total 2019:	110 930 €	71 612 €	429 230 €
2018 Q4	44 249 €	33 861 €	90 727 €−12,4%	5
2018 Q3	43 299 €	37 923 €	103 611 €−45,0%	6
2018 Q2	63 925 €	45 899 €	188 397 €−16,8%	6
2018 Q1	76 286 €	49 143 €	226 566 €+41,7%	6
Total 2018:	227 759 €	166 826 €	609 301 €
2017 Q4	45 262 €	28 285 €	159 898 €+40,7%	6
2017 Q3	49 190 €	34 463 €	113 621 €−8,5%	6
2017 Q2	35 448 €	25 604 €	124 165 €+19,5%	6
2017 Q1	29 019 €	23 814 €	103 905 €+29,6%	6
Total 2017:	158 919 €	112 166 €	501 589 €
2016 Q4	24 844 €	19 666 €	80 173 €−33,3%	5
2016 Q3	41 155 €	29 476 €	120 166 €+72,6%	5
2016 Q2	32 776 €	17 082 €	69 641 €−46,2%	5
2016 Q1	38 916 €	31 741 €	129 401 €+31,6%	5
Total 2016:	137 691 €	97 965 €	399 381 €
2015 Q4	30 406 €	17 871 €	98 313 €−3,4%	4
2015 Q3	26 259 €	18 509 €	101 819 €−26,4%	4
2015 Q2	42 055 €	25 139 €	138 295 €+99,4%	4
2015 Q1	17 006 €	12 609 €	69 362 €	4
Total 2015:	115 726 €	74 128 €	407 789 €

Revenue by industry

	2023	2024	2025
Activities of employment agencies	151 442 €	125 866 €	173 837 €

Tax debts

No tax debt found

No tax debt as of 24.09.2026

Representatives

	Personal ID code
Aiga Avotiņa	47209XXXXXX	19.09.1972 (54)	Board member	24.10.2019	-
Viesturs Liegis	-	12.04.1969 (57)	Board member	19.04.2013	-

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Shareholders

	Personal ID code
SIA EXECUTIVE SEARCH BALTICS	40003XXXXXX	-	Shareholder	3 201 EUR	100,00%	Sole ownership	01.03.2025	-

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Other persons

	Personal ID code
Rein Ruusalu	36802XXXXXX	21.02.1968 (58)	Audit firm	28.01.2003	-
Tiina Koik	45602XXXXXX	15.02.1956 (70)	Founder	27.02.1997	-
Lauri Juhani Stahlberg	03044XXXXXX	03.04.1943 (83)	Founder	27.02.1997	-
Juha Pekka Ahtikari	20035XXXXXX	-	Founder	27.02.1997	-

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Ultimate beneficial owners

	Personal ID code
Aiga Avotiņa	47209XXXXXX	19.09.1972 (54)	Direct holding	15.03.2019	-
Viesturs Liegis	-	12.04.1969 (57)	Direct holding	15.03.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 39 680 €
Monthly average: 13 227 €
Per employee: 13 227 €
Equity ratio: 413,20%

Labour taxes

Turnover ratio: 13,93%
Tax ratio: 48,09%
Monthly average: 1 843 €
Per employee: 922 €

State taxes

Monthly average: 3 832 €
Turnover ratio: 28,97%

Estimated salary

Gross salary: 1 764 €
Net salary: 1 480 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	68 241 €+80,1%	37 885 €+158%	14 664 €−23,9%	19 271 €−23,9%	25 337 €+8,4%	23 371 €−66,3%	69 307 €
Non-current assets	596 €−21,5%	759 €+120%	345 €−35,9%	538 €−86,5%	3 974 €−47,1%	7 508 €−59,8%	18 663 €
Total assets	68 837 €+78,1%	38 644 €+157%	15 009 €−24,2%	19 809 €−32,4%	29 311 €−5,1%	30 879 €−64,9%	87 970 €
Short-term liabilities	65 596 €+77,2%	37 011 €−13,7%	42 902 €+157%	16 665 €−56,3%	38 166 €−41,9%	65 682 €+15,5%	56 870 €
Long-term liabilities	-	-	-	-	-	-	8 328 €
Total liabilities	65 596 €+77,2%	37 011 €−13,7%	42 902 €+157%	16 665 €−56,3%	38 166 €−41,9%	65 682 €+0,7%	65 198 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-74 599 €−137%	-31 413 €−8 255%	-376 €+97,0%	-12 374 €+67,7%	-38 323 €−239%	27 580 €+19,8%	23 031 €
Net profit	1 607 €+104%	-43 187 €−39,1%	-31 037 €−359%	11 998 €−53,8%	25 948 €+139%	-65 903 €−1 549%	4 549 €
Equity	3 241 €+98,5%	1 633 €+106%	-27 893 €−987%	3 144 €+136%	-8 855 €+74,6%	-34 803 €−212%	31 100 €
Turnover	173 837 €+38,1%	125 866 €−16,9%	151 442 €−36,3%	237 918 €+36,4%	174 475 €−17,2%	210 842 €−43,4%	372 194 €
Profit margin	0,9%	-34,3%	-20,5%	5,0%	14,9%	-31,3%	1,2%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	15 485 €	29 694 €
Liquidity
Current ratio	1,2	0,7
Quick ratio	1,2	0,7
Cash ratio	0,7	0,5
Efficiency
Days sales outstanding (dso)	12,2	22,1
Asset turnover	9,7	5,8
Structure
Debt ratio	0,8	1,3
Profitability
Operating margin	5,1%	15,0%
Net profit margin	5,0%	14,9%
Return on assets (roa)	48,9%	86,2%
Return on equity (roe)	381,6%	-

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Licences & notices


Notice of economic activity	STT000171	Employment-agency service	Valid	22.09.2008	-

Regulations


Ä 10010821 / M5	15.07.2026	Warning for deletion from register – annual report not filed	18.10.2026	Deficiencies remedied10.10.2026
Ä 10010821 / 24	01.03.2025	Entry – Amendment entry	-	Entered into force01.03.2025
Ä 10010821 / 23	01.03.2025	Entry – Amendment entry	-	Entered into force01.03.2025
Ä 10010821 / 22	16.12.2024	Entry – Amendment entry	-	Entered into force16.12.2024
Ä 10010821 / M4	05.12.2024	Order to remedy deficiencies – Amendment entry	31.12.2024	Deficiencies remedied09.12.2024

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements


Notice of publication of a deletion warning due to failure to submit an annual report	15.07.2026	PDF

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


14.05.2026	Haridus- ja NoorteametAid measure 241652	Muu › MuuGrant	342 €	241652/2600314

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


amrop.ee	Active	04.07.2010	29.07.2027

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.