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Ursuit Baltics AS

Registry code (registrikood) 10301033Public limited company (Aktsiaselts)VAT EE100497704Activity (EMTAK 14211): Pealisrõivaste tootmineActive

Valga vald, Valga County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€10.8M
▲ 23.2% vs 2024
Profit before tax (2025)
€478k
Employees, FTE (2025)
91
State taxes paid, last 4 quarters
€638k

Revenue, profit and employees, 2019–2025

€5.1M2019€5.8M2020€7.3M2021€9.2M2022€8.6M2023€8.7M2024€10.8M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€5,096,363€288,281€262,543€1,887,19697
2020€5,811,384€369,737€342,549€2,229,74588
2021€7,299,949€579,819€553,599€2,783,34487
2022€9,207,143€689,153€653,226€3,436,57089
2023€8,621,288€661,518€421,816€3,058,38689
2024€8,726,413€545,618€473,311€3,531,69789
2025€10,753,650€555,701€478,217€4,009,91491

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€166,741€2,700,252€813,056€1,887,196
2020€148,949€2,887,495€657,750€2,229,745
2021€195,823€4,918,990€2,135,646€2,783,344
2022€287,989€4,741,655€1,305,085€3,436,570
2023€331,136€4,207,601€1,149,215€3,058,386
2024€318,677€6,083,542€2,551,845€3,531,697
2025€442,298€6,017,786€2,007,872€4,009,914

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€98,412€106,435€2,521,32291
2022 Q2€90,948€98,126€3,285,48094
2022 Q3€101,954€110,101€3,851,70994
2022 Q4€104,066€111,100€3,074,53094
2023 Q1€108,069€116,036€2,556,84395
2023 Q2€108,461€115,990€4,719,27794
2023 Q3€121,703€130,248€2,112,84094
2023 Q4€304,142€109,356€3,756,35895
2024 Q1€124,871€133,485€2,629,27495
2024 Q2€123,633€132,327€2,042,97298
2024 Q3€131,792€140,801€2,190,50494
2024 Q4€127,317€135,958€5,059,38192
2025 Q1€138,717€148,094€3,631,59294
2025 Q2€148,911€158,555€2,851,67095
2025 Q3€160,089€170,574€4,160,27196
2025 Q4€155,609€166,027€3,980,79496
2026 Q1€166,611€177,416€3,620,598104
2026 Q2€155,781€163,993€3,699,595105

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), Ursuit Baltics AS reported revenue of €10,753,650.

The company closed the 2025 financial year with a net profit of €478,217.

Revenue increased by 23.2% from €8,726,413 in 2024 to €10,753,650 in 2025.

Revenue grew at a compound annual rate of 13.3% between 2019 and 2025.

Equity accounted for 66.6% of total assets of €6,017,786 at the end of the 2025 reporting period.

With 91 full-time-equivalent employees in 2025, revenue per employee was €118,172.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, Ursuit Baltics AS reported €15,461,258 in turnover.

EMTA recorded 105 employees for the quarter ending Q2 2026, compared with 91 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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