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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

Accero Baltic OÜ

🇪🇪Estonia•Osaühing•Active
Net margin (2023)Net margin
2.2%
YoY revenue (2022 vs 2023)YoY revenue
+138.8%
Current ratio (2023)Current ratio

Summary

Country🇪🇪Estonia
StatusActive
Registration Number14350933
Founded12/10/2017
AddressHelgi Tee 2, Peetri Alevik, Rae Vald, Harju Maakond, Rae Vald, Harju Maakond, 75312

Legal & Status

Legal FormOsaühing
StatusActive
Registration Date12/10/2017
Registry AuthorityEstonian Business Register / Äriregister
Registered Capital2,500

Source: Estonia RIK · Last updated: 24/04/2026

Timeline (2 events)

24/04/2026

Legal form changed

→ Osaühing

12/10/2017

Company incorporated

Incorporation date: 2017-10-12

Network

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Network depth

Ownership & Management

Persons with significant control

Ingmar Lilienbach

Person with significant control

Appointed: 22/10/2018

—

Ownership Timeline (1 changes)

22/10/2018

Appointed Ingmar Lilienbach (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Helgi Tee 2

Peetri Alevik, Rae Vald, Harju Maakond

Rae Vald

Harju Maakond

75312

Financials

Key figures from annual accounts filings.

Convert to

2019

Turnover: €596.4K

Key figures

Turnover

2019€596,350
2020€222,028
2021€241,160
2022€418,314
2023€999,055

Revenue

2019€596,350
2020€222,028
2021€241,160
2022€418,314
2023€999,055

Profit / (loss)

2019€86,567
2020€-98,263
2021€-40,327
2022€-39,839
2023€22,153

Total assets

2019€473,741
2020€363,505
2021€314,171
2022€291,980
2023€348,334

Equity

2019€427,289
2020€329,026
2021€288,699
2022€248,860
2023€271,013

Share Capital

2019€2,500
2020€2,500
2021€2,500
2022€2,500
2023€2,500

Current Assets

2019€406,710
2020€303,995
2021€258,100
2022€248,947
2023€287,598

Admin expenses

2019€-129,599
2020€-82,185
2021€-97,446
2022€-165,955
2023€-408,937

Assets

2019€473,741
2020€363,505
2021€314,171
2022€291,980
2023€348,334

Average Number Of Employees In Full Time Equivalent Units

201910
20207
202110
202219
202334

Cash And Cash Equivalents

2019€141,137
2020€128,995
2021€17,634
2022€30,469
2023€51,873

Current Liabilities

2019€46,452
2020€34,479
2021€25,472
2022€43,120
2023€77,321

Depreciation And Impairment Loss Reversal

2019€-9,313
2020€-16,756
2021€-19,263
2022€-22,951
2023€-26,326

Employee Expense

2019€-129,599
2020€-82,185
2021€-97,446
2022€-165,955
2023€-408,937

Issued Capital

2019€2,500
2020€2,500
2021€2,500
2022€2,500
2023€2,500

Labor Expense

2019€-129,599
2020€-82,185
2021€-97,446
2022€-165,955
2023€-408,937

Non Current Assets

2019€67,031
2020€59,510
2021€56,071
2022€43,033
2023€60,736

Retained Earnings Loss

2019€340,722
2020€427,289
2021€329,026
2022€288,699
2023€248,860

Total Annual Period Profit Loss

2019€86,567
2020€-98,263
2021€-40,327
2022€-39,839
2023€22,153

Total Profit Loss

2019€87,300
2020€-103,252
2021€-43,138
2022€-45,699
2023€20,656

Total Profit Loss Before Tax

2019€87,315
2020€-98,132
2021€-40,326
2022€-39,835
2023€22,158
Metric20192020202120222023
Turnover€596,350€222,028€241,160€418,314€999,055
Revenue€596,350€222,028€241,160€418,314€999,055
Profit / (loss)€86,567€-98,263€-40,327€-39,839€22,153
Total assets€473,741€363,505€314,171€291,980€348,334
Equity€427,289€329,026€288,699€248,860€271,013
Share Capital€2,500€2,500€2,500€2,500€2,500
Current Assets€406,710€303,995€258,100€248,947€287,598
Admin expenses€-129,599€-82,185€-97,446€-165,955€-408,937
Assets€473,741€363,505€314,171€291,980€348,334
Average Number Of Employees In Full Time Equivalent Units107101934
Cash And Cash Equivalents€141,137€128,995€17,634€30,469€51,873
Current Liabilities€46,452€34,479€25,472€43,120€77,321
Depreciation And Impairment Loss Reversal€-9,313€-16,756€-19,263€-22,951€-26,326
Employee Expense€-129,599€-82,185€-97,446€-165,955€-408,937
Issued Capital€2,500€2,500€2,500€2,500€2,500
Labor Expense€-129,599€-82,185€-97,446€-165,955€-408,937
Non Current Assets€67,031€59,510€56,071€43,033€60,736
Retained Earnings Loss€340,722€427,289€329,026€288,699€248,860
Total Annual Period Profit Loss€86,567€-98,263€-40,327€-39,839€22,153
Total Profit Loss€87,300€-103,252€-43,138€-45,699€20,656
Total Profit Loss Before Tax€87,315€-98,132€-40,326€-39,835€22,158

Documents

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Annual report

Accounts for the accounting period ending on: 31/12/2023

Filed: 04/12/2024

Annual report

Accounts for the accounting period ending on: 31/12/2022

Filed: 06/03/2024

Annual report

Accounts for the accounting period ending on: 31/12/2021

Filed: 01/03/2024

Annual report

Accounts for the accounting period ending on: 31/12/2020

Filed: 28/12/2023

Annual report

Accounts for the accounting period ending on: 31/12/2019

Filed: 01/09/2023

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YoY profit / (loss) (2022 vs 2023)YoY profit / (loss)
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Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2019)
14.5%
Administrative expenses % of revenue (2019)
-21.7%
Net margin (2020)
-44.3%
Administrative expenses % of revenue (2020)
-37%
Net margin (2021)
-16.7%
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Administrative expenses % of revenue (2021)
-40.4%
Net margin (2022)
-9.5%
Administrative expenses % of revenue (2022)
-39.7%
Net margin (2023)
2.2%
Administrative expenses % of revenue (2023)
-40.9%

Growth

YoY revenue (2019 vs 2020)
-62.8%
YoY profit / (loss) (2019 vs 2020)
-213.5%
YoY total assets (2019 vs 2020)
-23.3%
YoY revenue (2020 vs 2021)
+8.6%
YoY profit / (loss) (2020 vs 2021)
+59%
YoY total assets (2020 vs 2021)
-13.6%
YoY revenue (2021 vs 2022)
+73.5%
YoY profit / (loss) (2021 vs 2022)
+1.2%
YoY total assets (2021 vs 2022)
-7.1%
YoY revenue (2022 vs 2023)
+138.8%
YoY profit / (loss) (2022 vs 2023)
+155.6%
YoY total assets (2022 vs 2023)
+19.3%
CAGR revenue (2019–2023)
+13.8%
CAGR profit / (loss) (2019–2023)
-28.9%
CAGR total assets (2019–2023)
-7.4%

Efficiency & returns

Asset turnover (2019)
1.26×
Return on assets (net) (2019)
18.3%
Asset turnover (2020)
0.61×
Return on assets (net) (2020)
-27%
Asset turnover (2021)
0.77×
Return on assets (net) (2021)
-12.8%
Asset turnover (2022)
1.43×
Return on assets (net) (2022)
-13.6%
Asset turnover (2023)
2.87×
Return on assets (net) (2023)
6.4%

Working capital & liquidity

Current ratio (2019)
8.76×
Current ratio (2020)
8.82×
Current ratio (2021)
10.13×
Current ratio (2022)
5.77×
Current ratio (2023)
3.72×

Capital structure

Equity ratio (2019)
90.2%
Liabilities to total assets (2019)
9.8%
Liabilities to equity (2019)
0.11×
Equity ratio (2020)
90.5%
Liabilities to total assets (2020)
9.5%
Liabilities to equity (2020)
0.1×
Equity ratio (2021)
91.9%
Liabilities to total assets (2021)
8.1%
Liabilities to equity (2021)
0.09×
Equity ratio (2022)
85.2%
Liabilities to total assets (2022)
14.8%
Liabilities to equity (2022)
0.17×
Equity ratio (2023)
77.8%
Liabilities to total assets (2023)
22.2%
Liabilities to equity (2023)
0.29×
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