Balthaus Ehitus OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	17.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	28.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	29.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	12.07.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	28.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	29.09.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	25.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	15.03.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	02.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	27.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	22.08.2012 – 31.12.2013	12.06.2014	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses2 Regulations8 Public transactions–Grants–State aid–Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	19 993 €	11 132 €	108 346 €+34,2%	6
2026 Q2	15 054 €	10 333 €	80 731 €−33,6%	6
2026 Q1	23 238 €	10 050 €	121 493 €−70,5%	6
Total 2026:	58 285 €	31 515 €	310 570 €
2025 Q4	20 373 €	11 260 €	411 430 €+23,8%	6
2025 Q3	15 024 €	10 656 €	332 282 €+177%	6
2025 Q2	18 465 €	11 656 €	119 746 €+41,1%	6
2025 Q1	20 656 €	12 771 €	84 873 €−7,2%	7
Total 2025:	74 518 €	46 343 €	948 331 €
2024 Q4	17 336 €	10 588 €	91 457 €−12,3%	8
2024 Q3	13 872 €	9 366 €	104 295 €−20,4%	7
2024 Q2	17 457 €	8 863 €	131 101 €+33,2%	7
2024 Q1	22 578 €	8 576 €	98 427 €−18,1%	7
Total 2024:	71 243 €	37 393 €	425 280 €
2023 Q4	16 048 €	9 528 €	120 239 €−2,9%	6
2023 Q3	12 548 €	10 022 €	123 796 €−23,9%	7
2023 Q2	18 203 €	10 767 €	162 648 €+60,0%	7
2023 Q1	22 053 €	11 248 €	101 662 €−5,6%	9
Total 2023:	68 852 €	41 565 €	508 345 €
2022 Q4	15 172 €	11 857 €	107 741 €−25,7%	9
2022 Q3	14 216 €	12 221 €	144 977 €−26,1%	10
2022 Q2	21 184 €	12 495 €	196 057 €+25,9%	10
2022 Q1	25 761 €	13 911 €	155 764 €−20,1%	11
Total 2022:	76 333 €	50 484 €	604 539 €
2021 Q4	20 377,46 €	13 478,37 €	195 064,01 €+15,8%	10
2021 Q3	24 922,41 €	14 991,83 €	168 472,43 €−22,6%	12
2021 Q2	23 528,10 €	13 034,06 €	217 657,29 €−32,3%	13
2021 Q1	23 702,68 €	12 202,27 €	321 456,91 €+3,6%	14
Total 2021:	92 530,65 €	53 706,53 €	902 650,64 €
2020 Q4	24 822,30 €	10 763,22 €	310 335,07 €+92,5%	13
2020 Q3	19 673,96 €	8 694,49 €	161 240,27 €+79,3%	13
2020 Q2	13 305,56 €	13 288,04 €	89 928,49 €−17,8%	9
2020 Q1	16 795 €	9 149 €	109 408 €−24,1%	11
Total 2020:	74 596,82 €	41 894,75 €	670 911,83 €
2019 Q4	16 082 €	10 346 €	144 203 €+8,0%	7
2019 Q3	16 359 €	13 706 €	133 549 €−4,4%	14
2019 Q2	17 716 €	13 277 €	139 645 €−18,8%	15
2019 Q1	18 619 €	10 073 €	172 015 €−10,5%	15
Total 2019:	68 776 €	47 402 €	589 412 €
2018 Q4	17 356 €	10 687 €	192 254 €−0,3%	13
2018 Q3	14 079 €	10 340 €	192 755 €−7,8%	14
2018 Q2	18 464 €	9 323 €	209 058 €−13,0%	14
2018 Q1	27 683 €	11 206 €	240 380 €−16,7%	13
Total 2018:	77 582 €	41 556 €	834 447 €
2017 Q4	22 798 €	12 265 €	288 636 €+43,2%	16
2017 Q3	17 822 €	12 036 €	201 535 €+32,0%	16
2017 Q2	15 615 €	10 890 €	152 651 €−10,8%	15
2017 Q1	16 537 €	8 449 €	171 194 €−15,6%	13
Total 2017:	72 772 €	43 640 €	814 016 €
2016 Q4	13 392 €	11 465 €	202 846 €−11,4%	13
2016 Q3	15 402 €	12 933 €	228 820 €+22,0%	13
2016 Q2	17 256 €	10 603 €	187 597 €−12,9%	13
2016 Q1	16 852 €	12 169 €	215 307 €−27,6%	13
Total 2016:	62 902 €	47 170 €	834 570 €
2015 Q4	16 376 €	12 823 €	297 295 €+38,0%	11
2015 Q3	16 498 €	9 292 €	215 435 €+35,4%	11
2015 Q2	13 719 €	6 862 €	159 093 €+19,9%	11
2015 Q1	13 281 €	5 722 €	132 669 €	11
Total 2015:	59 874 €	34 699 €	804 492 €

Revenue by industry

	2023	2024	2025
Construction of residential and non-residential buildings	527 062 €	401 486 €	961 168 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Madis Martõnjak	38603XXXXXX	29.03.1986 (40)	Board member	22.08.2012	-

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

3€ /monthGet started

Shareholders

	Personal ID code
Madis Martõnjak	38603XXXXXX	29.03.1986 (40)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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

3€ /monthGet started

Other persons

	Personal ID code
Madis Martõnjak	38603XXXXXX	29.03.1986 (40)	Founder	21.08.2012	-

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

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Madis Martõnjak	38603XXXXXX	29.03.1986 (40)	Direct holding	27.12.2024	-

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

3€ /monthGet started

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 108 346 €
Monthly average: 36 115 €
Per employee: 6 019 €
Equity ratio: 1 444,61%

Labour taxes

Turnover ratio: 10,27%
Tax ratio: 55,68%
Monthly average: 3 711 €
Per employee: 618 €

State taxes

Monthly average: 6 664 €
Turnover ratio: 18,45%

Estimated salary

Gross salary: 1 247 €
Net salary: 1 091 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	178 167 €+0,1%	177 988 €−5,1%	187 549 €+18,6%	158 097 €−11,0%	177 576 €+12,0%	158 509 €+67,7%	94 536 €
Non-current assets	6 757 €+12,4%	6 012 €+384%	1 241 €−46,2%	2 307 €−31,6%	3 375 €−36,2%	5 293 €−9,7%	5 860 €
Total assets	184 924 €+0,5%	184 000 €−2,5%	188 790 €+17,7%	160 404 €−11,4%	180 951 €+10,5%	163 802 €+63,2%	100 396 €
Short-term liabilities	174 589 €+0,9%	173 068 €−3,5%	179 306 €+27,6%	140 555 €−3,3%	145 279 €+9,6%	132 557 €+69,6%	78 176 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	174 589 €+0,9%	173 068 €−3,5%	179 306 €+27,6%	140 555 €−3,3%	145 279 €+9,6%	132 557 €+69,6%	78 176 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	8 182 €+21,5%	6 734 €−60,6%	17 100 €−48,1%	32 922 €+15,5%	28 495 €+46,4%	19 470 €−52,2%	40 729 €
Net profit	-597 €−141%	1 448 €+114%	-10 366 €+34,5%	-15 823 €−457%	4 427 €−50,9%	9 025 €+142%	-21 259 €
Equity	10 335 €−5,5%	10 932 €+15,3%	9 484 €−52,2%	19 849 €−44,4%	35 672 €+14,2%	31 245 €+40,6%	22 220 €
Turnover	961 169 €+139%	401 486 €−23,8%	527 062 €−0,8%	531 315 €−35,8%	826 972 €+6,6%	775 818 €+34,0%	578 901 €
Profit margin	-0,1%	0,4%	-2,0%	-3,0%	0,5%	1,2%	-3,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	6 345 €
Liquidity
Current ratio	1,1	1,2
Quick ratio	1,1	1,2
Cash ratio	0,1	0,0
Efficiency
Days sales outstanding (dso)	109,9	71,9
Asset turnover	3,1	4,8
Structure
Debt ratio	0,9	0,8
Profitability
Operating margin	-3,0%	0,5%
Net profit margin	-3,0%	0,5%
Return on assets (roa)	-9,3%	2,6%
Return on equity (roe)	-79,7%	12,4%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

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

3€ /monthGet started

Licences & notices


Notice of economic activity	TEL002680	Electrical works	Valid	30.11.2015	-
Notice of economic activity	EEH006485	Construction	Valid	27.08.2012	-

Regulations


Ä 10172654 / 6	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10172654 / 5	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10172654 / 4	02.12.2017	Entry – Amendment entry	-	Entered into force02.12.2017
Ä 10172654 / 3	14.09.2016	Entry – Amendment entry	-	Entered into force14.09.2016
Ä 10172654 / 2	04.03.2015	Entry – Amendment entry	-	Entered into force04.03.2015

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

No official announcements found

Company has no issued official announcements

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

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts


02.08.2019End 01.11.2019	Reference number 211347	Nordic Group OÜContracting authority	65 000 €	Completed

.ee domains

No domains found

Company has no valid .ee domains

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.