Baltic Group Ab
OYActiveY-tunnus 0650696-9Torggatan 13A, 22100 MariehamnSecurity and commodity contracts brokerage· NACE 6612Est. 1986 · 40 years old1 employees
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Overview
Baltic Group Ab is a Finnish OY based in Mariehamn, operating in the Security and commodity contracts brokerage sector. Incorporated in 1986, the company has 1 employee and reported revenue of €364.0k in its latest annual filing.
Revenue 2025
0.4M EUR
+2% vs 2024
EBITDA margin
3.7 %
−75% vs 2024
Net profit 2025
0.7M EUR
+1136% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
67.0 %
AverageAround the average of companies in the same industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
115.1×
Very strongAmong the 10% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
3.3 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
EUR thousandsKey figures
Annual report 2025| Revenue | 0.4M EUR | +2% |
| EBITDA | 0M EUR | -75% |
| Net profit | 0.7M EUR | +1136% |
| Total assets | 20.3M EUR | +5% |
| Equity | 13.6M EUR | +6% |
| Employees | 1 | — |
Company information
Legal name
Baltic Group Ab
Y-tunnus number
0650696-9
Legal form
Osakeyhtiö
NACE code
Founded
4 September 1986 · 40 years
Share capital
EUR 13,244
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Hallituksen jäsen, toimitusjohtaja ja toimitusjohtajan sijainen kukin yksin
Company purpose
Verksamhetsområdet för bolaget är att äga och besitta samt bedriva handel med värdepapper, fast och lös egendom samt hyra ut fast egendom samt bostads-, kontors- och affärslägenheter. Dessutom kan bolaget bedriva shipping och konsultverksamhet inom shippingbranschen, bedriva förmedlingsverksamhet och handel med fasta och flytande bränslen och förvaltnings-, agentur- och konsultverksamhet inom energisektorn, tillhandahålla tjänster inom transport och logistik för motorfordon, containrar och övrigt gods, bedriva förmedlings- och konsultverksamhet inom biobränslesektorn. Bolaget kan handha ledning, strategisk planering, försäljning och kontraktsförhandlingar, ordna finansiering, utföra administrativa och operationella tjänster samt andra förvaltningsuppdrag för dotterbolagen och andra närstående bolag.
(no translation available)
Contact
Address
Torggatan 13A, 22100 Mariehamn
Email
anette@baltic.ax
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Financial development
In its most recent annual report (2025), Baltic Group Ab reported revenue of €364.0k, an increase of 2% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of €678.8k, and the EBITDA margin stood at 3.7%.
At the end of 2025, equity financed 67% of the balance sheet, and current assets covered short-term debt 115.1 times.
Financials
Revenue
EUR thousandsEBITDA
EUR thousandsIncome statement
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 364 | 356 | 321 | 297 | 264 |
| Staff expenses | -154 | -119 | -120 | -118 | -105 |
| EBITDA | 14 | 55 | 14 | -1,794 | 21 |
| Depreciation & amort. | -3 | -0 | -0 | — | -0 |
| EBIT | 11 | 55 | 14 | -1,794 | 21 |
| Net financials | 668 | 0 | 814 | 501 | 101 |
| Profit before tax | 679 | 55 | 851 | -1,287 | 101 |
| Tax | -0 | -0 | -0 | 4 | 59 |
| Net profit | 679 | 55 | 851 | -1,291 | 82 |
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Balance sheet
EUR thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 20,289 | 19,243 | 18,742 | 22,024 | 19,484 |
| Equity | 13,588 | 12,855 | 12,232 | 11,581 | 13,022 |
| Long-term debt | 587 | 660 | 752 | 6,326 | 6,327 |
| Short-term debt | 113 | 159 | 214 | 4,116 | 135 |
| Total debt | 6,700 | 6,389 | 6,510 | 10,443 | 6,462 |
Financial ratios
5-year trendEBITDA margin
3.7 %
20212025
Equity ratio
67.0 %
AverageAround the average of companies in the same industry
20212025
Return on equity
5.0 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
186.5 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Asset turnover
0.02×
WeakAmong the 40% lowest rated companies in the industry
20212025
Debt / equity
0.49×
AverageAround the average of companies in the same industry
20212025
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 40% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery strong
Among the 20% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery strong
Among the 10% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 10% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery strong
Among the 20% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 40% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2025Filed via PRH / YTJ · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via PRH / YTJ · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via PRH / YTJ · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via PRH / YTJ · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via PRH / YTJ · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
LJ Chief Executive Officer | Chief Executive Officer | 2015 |
| Audit | 2022 | |
IA Deputy Member | Deputy Member | 2016 |
Former (3)
KO Audit | Audit | 2002 – 2021 |
FS | Audit | 2021 – 2022 |
JJ Deputy auditor | Deputy auditor | 2022 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LJ Board of Directors | Board of Directors | 2016 |
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
Baltic Group Ab (this company)
Baltic Resources Ab100% ownedFastighets Ab Wigells77.6% ownedFastighets Ab Atum100% ownedBaltic FR8 Ab100% ownedBaltic Trading Company Ab100% ownedBoard network connections
Board members of Baltic Group Ab also hold positions in 406 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Fredrik Sebastian Salonen | Audit | 275 companiesMany roles |
| Henry Johannes Kullervo Maarala | Audit | 48 companiesMany roles |
| Kari Olavi Niukko | Audit | 38 companiesMany roles |
| Lars Johan Mathias Eklund | Chief Executive Officer | 19 companiesMany roles |
| Jessica Johanna Björkgren | Deputy auditor | 18 companiesMany roles |
| Inger Anette Sundberg | Deputy Member | 8 companiesMany roles |
Frequently asked questions
What is the Y-tunnus number of Baltic Group Ab?
Baltic Group Ab is registered with PRH / YTJ under Y-tunnus 0650696-9.
What is the revenue of Baltic Group Ab?
Baltic Group Ab reported revenue of €364.0k in 2025.
How many employees does Baltic Group Ab have?
Baltic Group Ab employs 1 people as of the latest annual report.
Who is the CEO of Baltic Group Ab?
Lars Johan Mathias Eklund is the CEO of Baltic Group Ab, in role since 2015.
Where is Baltic Group Ab headquartered?
Baltic Group Ab's registered address is Torggatan 13-A.