Baltic Workboats AS

Registry code 10657801 · Active (R Registrisse kantud)

Baltic Workboats AS is an aktsiaselts registered in Saaremaa vald, Estonia, incorporated on 27 Apr 2000. Its registered activity is tsiviillaevade ehitus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €8.2m, total assets of €49.0m, turnover of €65.7m, a result of €3.2m. It has filed 7 sets of accounts, 3 of them after the deadline. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.7 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 87 % of active companies in Estonia. 0.7× the average annual insolvency rate (0.04 %).

Raises the risk

Legal form9.2×Aktsiaselts · 0.40 % became insolvent
Turnover (log)7.0×≥ 5.4665 · 0.30 % became insolvent
Total assets (log)5.7×≥ 5.65704 · 0.25 % became insolvent
Employees5.0×≥ 2 · 0.22 % became insolvent
Accounts type5.0×large · 0.22 % became insolvent
Current ratio3.9×0.426882–1.11575 · 0.17 % became insolvent

Lowers the risk

Accounts filed0.0×≥ 7 · 0.00 % became insolvent
Region0.6×Saare · 0.03 % became insolvent
Company age (years)0.7×≥ 24.1304 · 0.03 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Accounts overdue0.8×0 · 0.03 % became insolvent
Turnover growth0.8×-2.01156e-05–0.31442 · 0.04 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
10657801 · official register
Status
R Registrisse kantud
Legal form
Aktsiaselts
Incorporated
27 Apr 2000 (27 years)
Registered address
93872 Saaremaa vald
County
Saare County
Activity
30111 Tsiviillaevade ehitus
Industry
Manufacture of other transport equipment
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 20258 Jul 2026€65.7m €3.2m€8.2m€49.0m €32.2m€2.8m204
31 Dec 202418 Jul 2025€51.9m €1.2m€5.0m€45.8m €31.8m€3.1m191
31 Dec 202329 Jun 2024€42.3m €1.1m€18.3m€84.8m €49.4m€31.2m161
31 Dec 202227 Jun 2023€39.1m €1.9m€17.1m€59.0m €29.7m€961k170
31 Dec 202130 Jun 2022€39.6m €2.3m€15.2m€49.6m €27.3m€102k159
31 Dec 202029 Jun 2021€36.7m €2.5m€13.0m€46.9m €28.0m€1.3m157
31 Dec 201912 Oct 2020€25.0m −€362k€10.5m€34.9m €21.3m€276k183

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Saare County

Questions about Baltic Workboats AS

What is the registry code of Baltic Workboats AS?

Baltic Workboats AS is registered under registry code 10657801 in the official register of Estonia. View it at the official register.

Is Baltic Workboats AS still active?

Yes. Baltic Workboats AS is registered as active (status: R Registrisse kantud).

Has Baltic Workboats AS gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Baltic Workboats AS in the official data.

How likely is Baltic Workboats AS to become insolvent?

Our model estimates a 0.03 % probability that Baltic Workboats AS becomes insolvent within the next 12 months (low risk). That is higher than 87 % of active companies in Estonia.

When was Baltic Workboats AS founded?

Baltic Workboats AS was incorporated on 27 Apr 2000.

Where is Baltic Workboats AS registered?

Baltic Workboats AS's registered address is in 93872 Saaremaa vald (Saare County), Estonia.

What do the latest accounts of Baltic Workboats AS show?

The latest published accounts (period ending 31 Dec 2025) show equity of €8.2m, total assets of €49.0m, turnover of €65.7m, a result of €3.2m, 204 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.