NORDVEO OÜ

Registered
10078635Private limited company (OÜ)Founded 1996

Key figures

639 818 €−12,0%
Revenue 2025
−0,9%
Average annual change 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: NORDVEO OÜ

What kind of company is it?

NORDVEO OÜ (registry code 10078635) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Rõngu alevik, Elva vald, Tartu maakond. According to the latest annual report, the main activity is freight transport by road (EMTAK 49411). The company is registered for VAT (VAT number EE100281431).

How is the company doing financially?

Revenue in financial year 2025 was 639 818 €, down 12,0% on the previous year (727 194 €). From 2019 to 2025, revenue declined by an average of 0,9% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 172 852 € (27,0% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 10 employees. Revenue per employee was 63 982 €. At the end of financial year 2025, total assets were 1 019 684 € and equity 491 345 € (48,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 200 810 €, up 19,7% on the same quarter a year earlier. The company had 10 employees in that quarter. Labour taxes paid in the quarter: 14 907 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1060 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 26.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845008BF3C66E2EY683) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026200 810 €1014 907 €
Q2 2026207 467 €1014 237 €
Q1 2026156 688 €1112 513 €
Q4 2025181 103 €1012 493 €
Q3 2025167 822 €1012 255 €
Q2 2025155 089 €1012 833 €
Q1 2025166 160 €913 154 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue648 684890 249739 585727 194639 818
Net profit86 41872 046719210 027172 852
Retained earnings71 301157 719229 765236 957246 984
Total assets507 841514 764510 943538 2201 019 684
Total liabilities278 613213 490202 477219 727528 339
Total equity229 228301 274308 466318 493491 345
Employees1010101010
Average gross salary (monthly)7557749941028904
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%NORDVEO OÜ1LIIVI KROONBERG
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State aid and grants

7 records

State aid and de minimis aid in total 100 965 € (2018–2025). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (75 965 €), Ettevõtluse ja Innovatsiooni Sihtasutus (25 000 €).

Show all aid records (7)
202558 979 €
20227500 €
20215886 €
202025 000 €
20183600 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud58 979 €11.04.2025
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud7500 €02.09.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud5000 €28.05.2021
Põllumajanduse Registrite ja Informatsiooni AmetMuu568 €18.02.2021
Põllumajanduse Registrite ja Informatsiooni AmetMuu318 €18.02.2021
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.3 "Laenude subsideeritud intressimäärana antav abi" · Soft loan25 000 €10.07.2020
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud3600 €24.04.2018

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies

Largest in the same sector — Transport and storage
Same activity — Freight transport by road
Same address

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