ETENRU

BALTI EKSPRESSREISIDE Osaühing

RegisteredHarju County
Registry code
10173061
VAT number
EE100243042
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Paadi tn 14a-50, 10151
Registered
03.02.1997 · 29 yrs
Activity
Tour operator activities 79121
Capital
45 000 €
Email
i•••@b•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.balticexpresstours.ee from email
Business Register 05.10.2026
Sales revenue596 k €+40%2025 annual report
Profit14 109 €2025 annual report
Employees4Tax Board 2026 Q2
Average gross salary541 €estimate, Tax Board 2026 Q2
Labour taxes per quarter3 312 €Tax Board 2026 Q2
Cash161 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months321 k €+12%Tax Board, last 4 quarters
State taxes 12 months16 841 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 20 450 €
186 k35 k36764 k246 k52 k1 30120 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
86 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingAA since 26.09.2026
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 12% vs a year earlier
Notification when something changes
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Margus Keerutaja7 companiesno tax debtPersonal ID ↗01.09.2026
Shareholders 1
Valdis Kärmas100,0% 45 000 €01.09.2023
Beneficial owners 1
Valdis Kärmasdirect holding15.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue14,5%
Labour taxes / revenue16,2%
Revenue per employee per month1 704 €
Gross salary (estimate)541 €
Net salary (estimate)522 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q220 450 €▼ 68%3 312 €2 970 €4
2026 Q11 301 €▲ 254%3 569 €3 271 €4
2025 Q452 492 €▲ 49%4 035 €4 597 €4
2025 Q3246 425 €▲ 33%4 084 €6 003 €4
2025 Q263 937 €▲ 18%4 084 €4 229 €4
2025 Q1367 €▼ 98%5 221 €5 080 €4
2024 Q435 277 €▲ 41%3 762 €4 099 €4
2024 Q3185 858 €▲ 20%3 961 €4 896 €4
2024 Q254 239 €▲ 18%3 851 €4 885 €4
2024 Q115 570 €▲ 96%3 574 €3 460 €4
2023 Q425 082 €▲ 23%3 800 €3 747 €4
2023 Q3155 069 €▲ 44%4 827 €6 778 €4
Show full history (18 quarters)
2023 Q246 049 €▲ 48%3 398 €4 562 €4
2023 Q17 931 €▲ 6981%3 015 €2 991 €4
2022 Q420 392 €2 893 €3 025 €5
2022 Q3107 321 €2 896 €3 595 €5
2022 Q231 147 €2 744 €3 098 €5
2022 Q1112 €3 004 €3 045 €5

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue596 k €▲ 40%427 k €▼ 2%436 k €▲ 78%245 k €▲ 262%67 765 €
Profit14 109 €▲ 97%7 177 €▲ 88%3 826 €▲ into profit-9 443 €▲ 70%-31 153 €
Profit margin2,4%1,7%0,9%-3,9%-46,0%
Retained earnings427 k €▲ 2%420 k €▲ 1%416 k €▼ 2%426 k €▼ 7%457 k €
Cash161 k €▼ 56%365 k €▲ 4%352 k €▼ 1%354 k €▼ 2%360 k €
Current assets389 k €▲ 3%376 k €▲ 2%367 k €▲ 1%365 k €▼ 2%373 k €
Fixed assets61 332 €0%61 332 €0%61 332 €0%61 455 €▼ 1%61 931 €
Assets450 k €▲ 3%438 k €▲ 2%429 k €▲ 1%427 k €▼ 2%434 k €
Current liabilities5 323 €▼ 28%7 413 €▲ 33%5 556 €▼ 23%7 231 €▲ 29%5 619 €
Total liabilities5 323 €▼ 28%7 413 €▲ 33%5 556 €▼ 23%7 231 €▲ 29%5 619 €
Equity445 k €▲ 3%430 k €▲ 2%423 k €▲ 1%419 k €▼ 2%429 k €
Labour costs-38 132 €▼ 2%-37 343 €▲ 1%-37 590 €▼ 28%-29 451 €▼ 17%-25 201 €
Employees20%20%20%2▼ 33%3
Filed10.06.202610.07.202518.06.202408.06.202313.05.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Tour operator activities main activity79121595 586 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

955 € makseid

Transactions with state institutions

2026255 €
2025254 €
2024280 €
2023166 €

Largest payers

Rahvusooper Estonia955 €
All payments by month
MonthPayerTypeFieldAmount
05.2026Rahvusooper EstoniaOperating costsTheatres255 €
09.2025Rahvusooper EstoniaOperating costsTheatres254 €
10.2024Rahvusooper EstoniaOperating costsTheatres101 €
01.2024Rahvusooper EstoniaOperating costsTheatres179 €
01.2023Rahvusooper EstoniaOperating costsTheatres166 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

6

Top 20 in activity: Tour operator activities

20

BALTI EKSPRESSREISIDE Osaühing: place 38 /201

Similar size: Scandinavian Tours OÜ, Colcorsa OÜ, Nordic Experience OÜ, Osaühing VIRU REISID, OÜ Aktivest, Prangli Reisid OÜ, OÜ SLK Company, Reisisõbrad OÜ, Stellanova OÜ, OÜ DenEesti Europe

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, domains

2 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
Reisiettevõtjana tegutsemineTRE00013527.09.2004

Domains

DomainSource
balticexpresstours.eeemail

History and notices

10
DateTypeContent
01.09.2026Kandemäärus muu kohtulahendi täitmiseksAmendment entry
22.08.2026EntryAmendment entry
10.07.2025Trahvihoiatusmäärus: majandusaasta aruanne esitamata
01.09.2023EntryAmendment entry
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
14.09.2016EntryAmendment entry
29.03.2012EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
19.09.2006AruandetrahvimäärusToimiku dokumentide kontroll