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Ursuit Baltics AS

RegisteredPublic limited company (AS)Registry code 10301033

Key factsValga linn, Manufacture of outerwear
Registry code
10301033
VAT number
EE100497704
Registered
29 Oct 1997
Address
Valga maakond, Valga vald, Valga linn, Võru tn 78Valga maakondValga valdValga linn
Base map and address location: Estonian Land and Spatial Development Board
Main activity
Manufacture of outerwearEMTAK 14211
Capital
€25,565
Financial year ends
31.12
Open in the business register

Charts

Revenue and net profit

From the annual reports (RIK).

Profit margin

From the annual reports (RIK).

Balance sheet structure

Equity and liabilities add up to total assets. From the annual reports.

Turnover and employees by quarter

Tax board quarterly data, last 12 quarters.

Annual report figures

Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).

Download CSV
2025202420232022202120202019
Income statement
Revenue€10,753,650
+23%
€8,726,413
+1.2%
€8,621,288
−6.4%
€9,207,143
+26%
€7,299,949
+26%
€5,811,384
+14%
€5,096,363
Operating profit€555,701€545,618€661,518€689,153€579,819€369,737€288,281
Net profit€478,217
+1%
€473,311
+12%
€421,816
−35%
€653,226
+18%
€553,599
+62%
€342,549
+30%
€262,543
Profit margin4.5%5.4%4.9%7.1%7.6%5.9%5.2%
Labour costs€1,857,144€1,614,283€1,482,279€1,298,425€1,160,136€1,117,338€1,062,753
Balance sheet
Total assets€6,017,786
−1.1%
€6,083,542
+45%
€4,207,601
−11%
€4,741,655
−3.6%
€4,918,990
+70%
€2,887,495
+6.9%
€2,700,252
Current assets€5,335,405€5,495,861€4,044,836€4,575,250€4,770,023€2,668,739€2,445,066
Cash€442,298€318,677€331,136€287,989€195,823€148,949€166,741
Current liabilities€2,007,872€2,551,845€1,149,215€1,305,085€2,135,646€657,750€813,056
Non-current liabilities———————
Equity€4,009,914
+14%
€3,531,697
+15%
€3,058,386
−11%
€3,436,570
+23%
€2,783,344
+25%
€2,229,745
+18%
€1,887,196
Ratios and staff
Current ratio2.662.153.523.512.234.063.01
Employees (FTE)91898989878897
Revenue per employee€118,172€98,050€96,868€103,451€83,907€66,038€52,540

Tax board quarterly data

Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.

QuarterTurnoverState taxesLabour taxesEmployeesAverage salary (estimate)
2026 Q2€3,699,595€155,781€163,993105€1,151
2026 Q1€3,620,598€166,611€177,416104€1,233
2025 Q4€3,980,794€155,609€166,02796€1,223
2025 Q3€4,160,271€160,089€170,57496€1,244
2025 Q2€2,851,670€148,911€158,55595€1,195
2025 Q1€3,631,592€138,717€148,09494€1,142
2024 Q4€5,059,381€127,317€135,95892€1,100
2024 Q3€2,190,504€131,792€140,80194€1,112
2024 Q2€2,042,972€123,633€132,32798€1,025
2024 Q1€2,629,274€124,871€133,48595€1,057
2023 Q4€3,756,358€304,142€109,35695€908
2023 Q3€2,112,840€121,703€130,24894€1,046
2023 Q2€4,719,277€108,461€115,99094€956
2023 Q1€2,556,843€108,069€116,03695€949
2022 Q4€3,074,530€104,066€111,10094€926
2022 Q3€3,851,709€101,954€110,10194€920
2022 Q2€3,285,480€90,948€98,12694€845
2022 Q1€2,521,322€98,412€106,43591€919

Tax debt

This company is not on the tax board's list of debtors as of 06 Oct 2026.

Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.

What these figures mean

Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.

Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.

Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.

The current ratio shows how many euros of current assets there are for each euro of current liabilities.