Osaühing ALTAIRBALT

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 10970521
VAT no.VAT no.:: EE100851926
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 12.09.2003 (23 y)
CapitalCapital:: 5 113 EUR
AddressAddress:: Jaama tn 26, Jõhvi linn, Jõhvi vald, Ida-Viru maakond, 41532
StatusStatus:: Registered

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Contacts

PhonePhone:: +372 55911664
EmailEmail:: info@altairbalt.ee

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Industries

VAT liability

VAT no.	Start	End
EE100851926	01.10.2003	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	20.09.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	31.12.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	15.12.2025	Valid	PDF
2022	01.01.2022 – 31.12.2022	31.10.2025	Valid	PDF
2021	01.01.2021 – 31.12.2021	15.12.2023	Valid	PDF
2020	01.01.2020 – 31.12.2020	07.07.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	28.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	30.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	27.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	26.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	06.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	19.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	16.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	02.04.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	17.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	13.05.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	14.05.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	26.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	18.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	11.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	13.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	30.06.2005	Valid	PDF
2003	12.09.2003 – 31.12.2003	30.06.2004	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 30.09.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate5 .ee domains3 Licenses–Regulations21 Public transactions19 Grants–State aid6 Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	58 410 €	25 585 €	204 806 €+46,3%	14
2026 Q1	32 960 €	23 805 €	140 009 €−75,3%	14
Total 2026:	91 370 €	49 390 €	344 815 €
2025 Q4	60 707 €	24 421 €	566 341 €+77,3%	15
2025 Q3	79 622 €	23 748 €	319 499 €+11,6%	15
2025 Q2	51 604 €	20 972 €	286 286 €−39,9%	15
2025 Q1	63 079 €	21 193 €	476 416 €+136%	14
Total 2025:	255 012 €	90 334 €	1,65 M €
2024 Q4	51 969 €	21 621 €	201 687 €−67,3%	14
2024 Q3	49 980 €	19 578 €	616 226 €−9,9%	14
2024 Q2	47 239 €	18 469 €	683 690 €−18,8%	13
2024 Q1	79 146 €	19 937 €	842 395 €+28,9%	13
Total 2024:	228 334 €	79 605 €	2,34 M €
2023 Q4	48 861 €	20 405 €	653 659 €+0,4%	14
2023 Q3	52 715 €	20 322 €	650 840 €−15,1%	13
2023 Q2	64 452 €	20 151 €	766 924 €−27,3%	13
2023 Q1	100 193 €	17 285 €	1,05 M €−22,9%	13
Total 2023:	266 221 €	78 163 €	3,13 M €
2022 Q4	68 031 €	21 815 €	1,37 M €+0,7%	13
2022 Q3	95 339 €	21 711 €	1,36 M €+125%	13
2022 Q2	88 915 €	20 406 €	602 269 €+65,1%	13
2022 Q1	77 752 €	20 391 €	364 809 €+2,8%	13
Total 2022:	330 037 €	84 323 €	3,69 M €
2021 Q4	70 029,56 €	22 929,82 €	354 812,71 €−46,3%	12
2021 Q3	24 146,49 €	16 047,93 €	661 095,55 €−18,0%	14
2021 Q2	54 211,85 €	10 397,01 €	806 010,74 €−55,3%	11
2021 Q1	30 549,63 €	18 846,83 €	1,80 M €−34,5%	12
Total 2021:	178 937,53 €	68 221,59 €	3,63 M €
2020 Q4	50 893,85 €	17 877,62 €	2,76 M €−0,9%	11
2020 Q3	43 281,78 €	9 624,73 €	2,78 M €+22,2%	11
2020 Q2	62 097,16 €	13 896,05 €	2,28 M €−28,3%	11
2020 Q1	24 104 €	12 853 €	3,18 M €−16,1%	12
Total 2020:	180 376,79 €	54 251,40 €	11,0 M €
2019 Q4	36 242 €	10 504 €	3,79 M €+37,4%	11
2019 Q3	14 867 €	12 074 €	2,76 M €−29,5%	12
2019 Q2	90 938 €	11 498 €	3,91 M €−6,5%	12
2019 Q1	54 179 €	13 056 €	4,18 M €−21,4%	13
Total 2019:	196 226 €	47 132 €	14,6 M €
2018 Q4	54 361 €	13 415 €	5,32 M €+55,3%	13
2018 Q3	22 205 €	13 984 €	3,43 M €−37,2%	12
2018 Q2	26 058 €	12 899 €	5,46 M €+23,8%	11
2018 Q1	0 €	12 194 €	4,41 M €+41,3%	11
Total 2018:	102 624 €	52 492 €	18,6 M €
2017 Q4	11 317 €	10 456 €	3,12 M €+176%	10
2017 Q3	1 206 €	7 904 €	1,13 M €−13,0%	9
2017 Q2	8 005 €	8 236 €	1,30 M €+12,4%	9
2017 Q1	0 €	10 651 €	1,16 M €+445%	8
Total 2017:	20 528 €	37 247 €	6,70 M €
2016 Q4	31 569 €	10 921 €	212 145 €−62,7%	11
2016 Q3	31 721 €	29 280 €	568 787 €+11,7%	11
2016 Q2	25 233 €	26 205 €	509 044 €+14,5%	11
2016 Q1	23 495 €	22 889 €	444 635 €−10,5%	11
Total 2016:	112 018 €	89 295 €	1,73 M €
2015 Q4	21 267 €	21 968 €	496 813 €−1,1%	12
2015 Q3	21 904 €	22 216 €	502 423 €+6,0%	12
2015 Q2	21 102 €	20 954 €	473 885 €+21,6%	12
2015 Q1	30 547 €	17 228 €	389 630 €	12
Total 2015:	94 820 €	82 366 €	1,86 M €

Revenue by industry

	2023	2024	2025
Non-specialised wholesale trade	3 067 312 €	1 203 332 €	1 220 369 €
Renting and operating of own or leased real estate	167 500 €	247 214 €	16 667 €
Accounting and tax consultancy	130 €	150 €	5 354 €
Freight transport by road	30 069 €	2 400 €

Tax debts

No tax debt found

No tax debt as of 30.09.2026

Representatives

	Personal ID code
Sergei Merkulov	37306XXXXXX	09.06.1973 (53)	Board member	25.05.2026	-

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Shareholders

	Personal ID code
Sergei Merkulov	37306XXXXXX	09.06.1973 (53)	Shareholder	5 113 EUR	100,00%	Sole ownership	25.05.2026	-

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Other persons

	Personal ID code
Vassili Komarov	35711XXXXXX	22.11.1957 (68)	Founder	12.09.2003	-
Sergei Merkulov	37306XXXXXX	09.06.1973 (53)	Founder	12.09.2003	-

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Ultimate beneficial owners

	Personal ID code
Sergei Merkulov	37306XXXXXX	09.06.1973 (53)	Direct holding	20.09.2026	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 204 806 €
Monthly average: 68 269 €
Per employee: 4 876 €
Equity ratio: 1 335,20%

Labour taxes

Turnover ratio: 12,49%
Tax ratio: 43,80%
Monthly average: 8 528 €
Per employee: 609 €

State taxes

Monthly average: 19 470 €
Turnover ratio: 28,52%

Estimated salary

Gross salary: 1 231 €
Net salary: 1 079 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 523 508 €−19,1%	1 882 588 €−32,2%	2 778 373 €+13,0%	2 459 786 €−29,8%	3 502 961 €−13,4%	4 043 273 €−1,6%	4 108 690 €
Non-current assets	140 143 €−16,4%	167 621 €−26,0%	226 551 €−15,7%	268 603 €−5,3%	283 662 €−4,7%	297 638 €−6,7%	319 103 €
Total assets	1 663 651 €−18,9%	2 050 209 €−31,8%	3 004 924 €+10,1%	2 728 389 €−27,9%	3 786 623 €−12,8%	4 340 911 €−2,0%	4 427 793 €
Short-term liabilities	489 558 €−44,9%	888 313 €−12,6%	1 016 207 €−14,5%	1 188 418 €+68,2%	706 738 €−27,2%	970 307 €−13,4%	1 120 888 €
Long-term liabilities	-	22 905 €−26,9%	31 354 €−20,9%	39 631 €−17,0%	47 749 €	-	-
Total liabilities	489 558 €−46,3%	911 218 €−13,0%	1 047 561 €−14,7%	1 228 049 €+62,8%	754 487 €−22,2%	970 307 €−13,4%	1 120 888 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 133 367 €−41,9%	1 951 739 €+30,6%	1 494 716 €−50,6%	3 026 512 €−10,1%	3 364 980 €+1,9%	3 301 281 €+39,4%	2 367 942 €
Net profit	35 102 €+104%	-818 372 €−279%	457 023 €+130%	-1 531 796 €−353%	-338 468 €−631%	63 699 €−93,2%	933 339 €
Equity	1 174 093 €+3,1%	1 138 991 €−41,8%	1 957 363 €+30,5%	1 500 340 €−50,5%	3 032 136 €−10,0%	3 370 604 €+1,9%	3 306 905 €
Turnover	1 242 390 €−14,5%	1 453 096 €−55,5%	3 265 011 €−66,0%	9 598 777 €+38,2%	6 944 961 €−44,4%	12 492 744 €−24,4%	16 518 727 €
Profit margin	2,8%	-56,3%	14,0%	-16,0%	-4,9%	0,5%	5,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-1 563 778 €	-273 467 €
Liquidity
Current ratio	2,1	5,0
Quick ratio	1,1	3,9
Cash ratio	0,0	0,2
Efficiency
Days sales outstanding (dso)	72,6	118,9
Asset turnover	2,9	1,7
Structure
Debt ratio	0,5	0,2
Profitability
Operating margin	-16,6%	-4,4%
Net profit margin	-16,0%	-4,9%
Return on assets (roa)	-47,0%	-8,3%
Return on equity (roe)	-102,1%	-11,2%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 40015386 / M8	21.08.2026	Fine-warning order – annual report not filed	05.10.2026	Deficiencies remedied21.09.2026
Ä 40015386 / 13	25.05.2026	Entry – Amendment entry	-	Entered into force25.05.2026
Ä 40015386 / M7	16.09.2025	Reporting-fine order	01.10.2025	Entered into force02.10.2025
Ä 40015386 / M6	09.08.2025	Fine-warning order – annual report not filed	10.09.2025	Entered into force11.08.2025
Ä 40015386 / M5	07.10.2024	Repeat reporting-fine order	22.10.2024	Entered into force23.10.2024

Real estate

		Purpose
Jaama tn 26, Jõhvi linn, Jõhvi vald, Ida-Viru maakond	915 m²	Public-buildings land 100%
Tammiku põik 6, Ahtme linnaosa, Kohtla-Järve linn, Ida-Viru maakond	1632 m²	Industrial land 100%
Tammiku põik 6, Ahtme linnaosa, Kohtla-Järve linn, Ida-Viru maakond	1632 m²	Industrial land 100%
Tammiku põik 9, Ahtme linnaosa, Kohtla-Järve linn, Ida-Viru maakond	2600 m²	Industrial land 100%
Tammiku põik 9, Ahtme linnaosa, Kohtla-Järve linn, Ida-Viru maakond	2600 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

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


18.06.2026	Eesti Töötukassa	605,44 €Received	OPERATING EXPENSESSocial protection of the unemployed
10.06.2026	Eesti Töötukassa	8 724,32 €Received	OPERATING EXPENSESSocial protection of the unemployed
08.05.2026	Eesti Töötukassa	9 539,42 €Received	OPERATING EXPENSESSocial protection of the unemployed
07.04.2026	Eesti Töötukassa	8 630,82 €Received	OPERATING EXPENSESSocial protection of the unemployed
15.06.2022	Eesti Töötukassa	409,50 €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


25.02.2026	Eesti TöötukassaAid measure 231580	Koolitus VTA › Koolitus VTAGrant	27 500 €	231580/2602893
13.05.2021	Eesti TöötukassaAid measure 15463	Palgatoetus VTA › Palgatoetus VTAGrant	4 206,61 €	15463/2200592
15.02.2021	Eesti TöötukassaAid measure 20985	Koolitus VTA › Koolitus VTAGrant	1 760,26 €	20985/2100783
11.01.2021	Eesti TöötukassaAid measure 20985	Palgatoetus VTA › Palgatoetus VTAGrant	1 035,73 €	20985/2100763
12.11.2019	Sihtasutus Ida-Viru EttevõtluskeskusAid measure 19770	Muu › MuuGrant	70,90 €	19770/2000042

Public procurement contracts


01.09.2021End 01.03.2022	Centrifugal Pumps for Light and Heavy Oil and FuelsReference number 239413 · Müügileping	Osaühing PORTLIF GRUPPContracting authority	179 848,80 €actual 0 €	Completed

.ee domains


biohyalux.ee	Active	19.05.2023	20.05.2027
aboutbeauty.ee	Active	27.02.2023	28.02.2027
altairbalt.ee	Active	04.07.2010	09.10.2027

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.