BALTSETA, UAB - employees and salaries

BALTSETA, UAB (code 242129740) is a Micro-sized company engaged in repair and maintenance of civilian ships and boats. Its workforce has been shrinking across the available period: the average headcount fell from 13 employees in 2023 to 9 in 2024, then to 7 in 2025, and so far in 2026 it averages 3 employees. This indicates a substantial contraction, with the latest in-progress year showing a particularly sharp reduction in staffing. Average monthly gross wages moved from €2,346.68 in 2023 to €2,691.01 in 2024 and €3,748.08 in 2025, before easing to €2,442.47 so far in 2026. That means pay rose strongly through 2025 and then declined in the current year. Compared with 2025, employee numbers are down 57.1%, and over two years the decline is 66.7%; wages are down 34.8% year on year and 9.2% over two years. Estimated annual payroll is about €87.9K. Revenue per employee is €171.2K, while profit per employee is -€23.5K.