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Aktsiaselts Baltflex

Legal form:

Public limited company

Registry code:

10451494

VAT no.:

EE100201291

Fiscal-year period:

01.01 - 31.12

Established:

15.05.1998 (28)

Capital:

147 968 EUR

Address:

Läike tee 24, Peetri alevik, Rae vald, Harju maakond, 75312

Status:

Registered

Contacts

Email:

info@baltflex.eu

Phone:

+372 6461015

Website:

www.baltflex.eu

Industries

WHOLESALE AND RETAIL TRADE
Wholesale trade
Wholesale of other machinery, equipment and accessories
Wholesale of other machinery and equipment
46642 - Wholesale of lifting and handling equipment and machines and their parts (including containers)

VAT liability

	Start	End
EE100201291	01.01.1995

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	19.06.2025	Valid
2023	01.01.2023 - 31.12.2023	17.06.2024	Valid
2022	01.01.2022 - 31.12.2022	28.06.2023	Valid
2021	01.01.2021 - 31.12.2021	16.06.2022	Valid
2020	01.01.2020 - 31.12.2020	11.06.2021	Valid
2019	01.01.2019 - 31.12.2019	27.04.2020	Valid
2018	01.01.2018 - 31.12.2018	17.06.2019	Valid
2017	01.01.2017 - 31.12.2017	28.06.2018	Valid
2016	01.01.2016 - 31.12.2016	28.06.2017	Valid
2015	01.01.2015 - 31.12.2015	28.06.2016	Valid
2014	01.01.2014 - 31.12.2014	27.05.2015	Valid
2013	01.01.2013 - 31.12.2013	16.06.2014	Valid
2012	01.01.2012 - 31.12.2012	22.04.2013	Valid
2011	01.01.2011 - 31.12.2011	29.05.2012	Valid
2010	01.01.2010 - 31.12.2010	30.05.2011	Valid
2009	01.01.2009 - 31.12.2009	28.06.2010	Valid
2008	01.01.2008 - 31.12.2008	30.06.2009	Valid
2007	01.01.2007 - 31.12.2007	25.06.2008	Valid
2006	01.01.2006 - 31.12.2006	20.12.2007	Valid
2005	01.01.2005 - 31.12.2005	03.07.2006	Valid
2004	01.01.2004 - 31.12.2004	30.06.2005	Valid
2003	01.01.2003 - 31.12.2003	29.06.2004	Valid
2002	01.01.2002 - 31.12.2002	30.07.2003	Valid
2001	01.01.2001 - 31.12.2001	14.03.2002	Valid
2000	01.01.2000 - 31.12.2000	14.05.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

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Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	261 858 €	94 396 €	1 550 404 €18.5%	25
Kokku 2026:	261 858 €	94 396 €	1 550 404 €
2025 Q4	307 339 €	99 547 €	1 903 040 €33.0%	25
2025 Q3	265 375 €	96 079 €	1 430 421 €22.9%	26
2025 Q2	289 839 €	87 927 €	1 855 298 €19.9%	24
2025 Q1	206 296 €	95 721 €	1 547 147 €8.9%	24
Kokku 2025:	1 068 849 €	379 274 €	6 735 906 €13.7%
2024 Q4	278 359 €	86 193 €	1 699 141 €21.5%	24
2024 Q3	241 494 €	89 771 €	1 398 052 €8.1%	23
2024 Q2	275 328 €	88 981 €	1 520 814 €16.4%	23
2024 Q1	246 764 €	109 435 €	1 306 441 €33.0%	23
Kokku 2024:	1 041 945 €	374 380 €	5 924 448 €19.4%
2023 Q4	241 697 €	92 126 €	1 949 107 €28.0%	24
2023 Q3	244 285 €	97 175 €	1 522 714 €25.9%	26
2023 Q2	283 936 €	97 535 €	2 054 087 €12.7%	26
2023 Q1	241 992 €	109 995 €	1 822 169 €9.8%	26
Kokku 2023:	1 011 909 €	396 832 €	7 348 076 €12.3%
2022 Q4	295 248 €	87 143 €	2 020 620 €17.6%	29
2022 Q3	234 092 €	97 339 €	1 718 321 €37.2%	28
2022 Q2	333 560 €	98 231 €	2 734 875 €43.6%	30
2022 Q1	262 034 €	103 523 €	1 904 732 €5.0%	29
Kokku 2022:	1 124 934 €	386 236 €	8 378 548 €12.6%
2021 Q4	252 830 €	94 925 €	2 005 080 €5.6%	28
2021 Q3	257 156 €	97 752 €	1 899 522 €2.5%	30
2021 Q2	247 750 €	86 839 €	1 948 824 €22.8%	30
2021 Q1	235 175 €	95 415 €	1 587 478 €6.0%	27
Kokku 2021:	992 912 €	374 930 €	7 440 905 €41.8%
2020 Q4	224 129 €	81 046 €	1 688 138 €37.8%	26
2020 Q3	189 408 €	81 993 €	1 225 054 €9.3%	26
2020 Q2	234 532 €	116 828 €	1 351 250 €37.7%	27
2020 Q1	216 976 €	116 256 €	981 303 €23.4%	32
Kokku 2020:	865 045 €	396 124 €	5 245 746 €13.0%
2019 Q4	241 422 €	102 034 €	1 281 690 €25.1%	32
2019 Q3	209 860 €	100 759 €	1 024 858 €19.1%	37
2019 Q2	241 792 €	103 567 €	1 267 453 €18.5%	35
2019 Q1	219 417 €	118 526 €	1 069 176 €19.2%	34
Kokku 2019:	912 491 €	424 886 €	4 643 177 €2.7%
2018 Q4	235 731 €	121 304 €	1 323 423 €27.7%	35
2018 Q3	212 695 €	102 683 €	1 036 012 €12.9%	36
2018 Q2	223 691 €	104 544 €	1 188 824 €2.7%	35
2018 Q1	257 526 €	120 627 €	1 221 926 €19.6%	37
Kokku 2018:	929 643 €	449 158 €	4 770 185 €24.4%
2017 Q4	266 974 €	104 066 €	1 520 049 €0.9%	35
2017 Q3	273 741 €	113 068 €	1 506 235 €10.0%	35
2017 Q2	284 123 €	113 789 €	1 672 981 €3.9%	39
2017 Q1	299 580 €	143 683 €	1 610 922 €38.2%	39
Kokku 2017:	1 124 418 €	474 606 €	6 310 187 €28.8%
2016 Q4	290 710 €	113 943 €	1 165 810 €7.5%	40
2016 Q3	312 452 €	123 227 €	1 260 799 €4.6%	40
2016 Q2	321 098 €	117 798 €	1 205 256 €4.9%	40
2016 Q1	278 404 €	123 810 €	1 266 762 €18.5%	40
Kokku 2016:	1 202 664 €	478 778 €	4 898 627 €9.3%
2015 Q4	297 991 €	109 336 €	1 068 845 €11.0%	39
2015 Q3	278 956 €	122 902 €	1 201 459 €6.8%	39
2015 Q2	305 838 €	115 106 €	1 125 253 €3.4%	39
2015 Q1	265 502 €	111 306 €	1 088 101 €	39
Kokku 2015:	1 148 287 €	458 650 €	4 483 658 €

Revenue by industry

	2022	2023	2024
Wholesale of lifting and handling equipment and machines and their parts (including containers)			4 204 019 €
Wholesale of other general and special-purpose machinery and equipment	5 307 785 €	5 258 045 €

Tax debts

No tax debt found

No tax debt as of 05.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Kristjan Laugen	37309XXXXXX	27.09.1973 (52)	Board member	28.07.2020	-

6 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
OY NESTEPAINE AB	-	-	Shareholder	133 568,00 EUR	90,27	Sole ownership	16.08.2023	-

23 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Mika Ilmari Vuorio	-	22.10.1972 (53)	Supervisory-board member	19.06.2025	-
Janne Kalervo Kantola	-	29.12.1978 (47)	Chairman of the supervisory board	17.06.2024	-
Tarmo Rosenberg	36805XXXXXX	15.05.1968 (58)	Supervisory-board member	14.06.2024	-
Taivo Epner	37004XXXXXX	02.04.1970 (56)	Audit firm	21.05.2012	-
Kpmg Baltics Oü	-	-	Audit firm	18.06.2008	-

20 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 5 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Erkki Etola	-	14.01.1945 (81)	Indirect holding	29.10.2018	-

1 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

1 inactive record hidden, extended access to the information portal is required to view history!

2026 Q1

Turnover

Amount

1 550 404 €

Monthly average

516 801 €

Per employee

20 672 €

Equity ratio

349,27%

Labour taxes

Turnover ratio

6,09%

Tax ratio

36,05%

Monthly average

31 465 €

Per employee

1 259 €

State taxes

Monthly average

87 286 €

Turnover ratio

16,89%

Estimated salary

Gross salary

2 361 €

Net salary

1 901 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	2 751 998 €0.3%	2 761 045 €3.0%	2 680 465 €3.8%	2 581 590 €27.4%	2 026 154 €2.6%	2 080 083 €
Non-current assets	1 917 616 €0.4%	1 924 729 €2.6%	1 976 732 €2.2%	2 020 331 €2.1%	2 063 881 €3.2%	2 131 288 €
Total assets	4 669 614 €0.3%	4 685 774 €0.6%	4 657 197 €1.2%	4 601 921 €12.5%	4 090 035 €2.9%	4 211 371 €
Short-term liabilities	414 652 €7.3%	386 265 €43.1%	678 980 €2.6%	697 268 €117.5%	320 571 €5.2%	337 981 €
Long-term liabilities	10 693 €16.6%	12 821 €45.6%	23 565 €	23 565 €	23 565 €	23 565 €
Total liabilities	425 345 €6.6%	399 086 €43.2%	702 545 €2.5%	720 833 €109.5%	344 136 €4.8%	361 546 €
Share or stock capital	147 968 €	147 968 €	147 968 €	147 968 €	147 968 €	147 968 €
Retained earnings	4 138 720 €8.7%	3 806 684 €2.0%	3 733 120 €3.8%	3 597 931 €2.8%	3 701 857 €2.9%	3 814 192 €
Net profit	-42 419 €112.8%	332 036 €351.4%	73 564 €45.6%	135 189 €230.1%	-103 926 €7.5%	-112 335 €
Equity	4 244 269 €1.0%	4 286 688 €8.4%	3 954 652 €1.9%	3 881 088 €3.6%	3 745 899 €2.7%	3 849 825 €
Turnover	4 204 019 €20.0%	5 258 045 €0.9%	5 307 785 €13.0%	4 697 337 €35.9%	3 456 270 €4.7%	3 299 625 €
Profit margin	-1.01%116.0%	6.31%355.6%	1.39%51.8%	2.88%195.7%	-3.01%11.7%	-3.40%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	XA WMT	VQL TIR	GMO EKW	218 186	-10 087
Liquidity
Current ratio	Y.O	I.U	J.M	3.7	6.3
Quick ratio	U.R	W.K	Z.H	1.0	1.8
Cash ratio	E.M	V.S	T.T	0.0	0.1
Efficiency
Days sales outstanding (dso)	QH.F	LG.D	CL.P	46.6	55.8
Asset turnover	P.B	R.K	R.B	1.1	0.8
Structure
Debt ratio	X.Y	C.N	O.B	0.2	0.1
Profitability
Operating margin	-P.O%	Z.X%	S.A%	2.9%	-3.0%
Net profit margin	-U.U%	G.L%	R.M%	2.9%	-3.0%
Return on assets (roa)	-H.Y%	V.P%	N.V%	3.1%	-2.5%
Return on equity (roe)	-E.N%	Y.A%	H.N%	3.5%	-2.8%

To view all financial ratios, you need to subscribe to extended access to the info portal!

Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	TMT000040	- > Machinery works	Valid	05.07.2012	-

1 - 1 / 1 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10023742 / 19	28.07.2020	Entry - Amendment entry		Entered into force (28.07.2020)
Ä 10023742 / M13	19.06.2019	Order to remedy deficiencies for correcting extra-entry data - Amendment entry	09.07.2019	Deficiencies remedied (20.06.2019)
Ä 10023742 / 18	14.12.2018	Entry - Amendment entry		Entered into force (14.12.2018)
Ä 10023742 / M12	13.12.2018	Order to remedy deficiencies - Amendment entry	12.01.2019	Deficiencies remedied (14.12.2018)
Ä 10023742 / 17	16.01.2018	Entry - Amendment entry		Entered into force (16.01.2018)

1 - 5 / 28 rows

Real estate

Address	Area	Purpose
Läike tee 24, Peetri alevik, Rae vald, Harju maakond	6099 m²	Commercial land 50%, Industrial land 50%
Läike tee T7, Peetri alevik, Rae vald, Harju maakond	1579 m²	Transport land 100%
Nortsu tee 28, Rakvere linn, Lääne-Viru maakond	6946 m²	Industrial land 100%

1 - 3 / 3 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-23-134066/11	Civil case	Court judgment (Default judgment)	Law of obligations	Anastassia Stalmeister	ECLI:EE:TMK:2024:2.23.134066.5646	13.03.2024
2-21-10863/9	Civil case	Court ruling (Non-declaration of bankruptcy due to lapse)	Bankruptcy law	Hiie Lindmets	ECLI:EE:TMK:2021:2.21.10863.18771	30.09.2021
2-18-4199/96	Civil case	Court judgment	Law of obligations	Zakaria Nemsitsveridze	ECLI:EE:TMK:2020:2.18.4199.20390	09.10.2020
2-18-13281/14	Civil case	Court judgment	Labour law	Tiia Bergson	ECLI:EE:HMK:2019:2.18.13281.16672	26.06.2019
2-11-3014/25	Civil case	Court judgment	Law of obligations	Kai Kullerkupp, Üllar Roostoja, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2012:2.11.3014.20286	29.06.2012

1 - 5 / 5 rows

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
03.03.2026	Tallinna Tehnikaülikool	252.34 € Received	OPERATING EXPENSES R&D in education
26.02.2026	Tallinna Tehnikaülikool	155.16 € Received	OPERATING EXPENSES R&D in education
20.02.2026	AS Lääne-Nigula Varahaldus	302.16 € Received	OPERATING EXPENSES Other housing and municipal-services activities
20.02.2026	Tallinna Tehnikakõrgkool	460.04 € Received	OPERATING EXPENSES Tertiary education
20.02.2026	Keemilise ja Bioloogilise Füüsika Instituut	105.35 € Received	OPERATING EXPENSES Basic research

1 - 5 / 327 rows

.ee domains

Domain	Status	Registered	Expires	End
baltflex.ee	Active	04.07.2010	04.09.2026	-

1 - 1 / 1 rows

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