Nordic Houses OÜ
RegisteredKey figures
Ratios
2025Summary: Nordic Houses OÜ
What kind of company is it?
Nordic Houses OÜ (registry code 10577752) is a private limited company (OÜ). The company was entered in the Commercial Register in 1999 and has been registered for 27 years. Registered location: Kosu küla, Kuusalu vald, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE100670990).
How is the company doing financially?
Revenue in financial year 2025 was 73 671 €, up 250% on the previous year (21 045 €). From 2019 to 2025, revenue declined by an average of 16,5% per year. Net profit for financial year 2025 was 42 992 € (58,4% of revenue). The company was profitable in 6 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 691 369 € and equity 394 336 € (57,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 169 454 €, up 2772% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 12 225 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3690 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (40%) is held by Notevarp AS.
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. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 169 454 € | 2 | 12 225 € |
| Q2 2026 | 136 481 € | 2 | 3587 € |
| Q1 2026 | 9635 € | 2 | 0 € |
| Q4 2025 | 60 999 € | 2 | 0 € |
| Q3 2025 | 5900 € | 2 | 0 € |
| Q2 2025 | 1203 € | 2 | 0 € |
| Q1 2025 | 3985 € | 2 | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 240 202 | 520 363 | 510 620 | 21 045 | 73 671 |
| Net profit | 71 941 | 646 733 | 256 393 | −1 536 294 | 42 992 |
| Retained earnings | 1 209 554 | 1 011 404 | 1 558 138 | 1 814 531 | 278 237 |
| Total assets | 2 187 794 | 2 245 888 | 2 101 393 | 638 433 | 691 369 |
| Total liabilities | 833 192 | 514 644 | 213 755 | 287 089 | 297 033 |
| Total equity | 1 354 602 | 1 731 244 | 1 887 638 | 351 344 | 394 336 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 170 000 | 270 091 | 99 999 | 0 | 0 |
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
Data from public registers, not a credit rating.
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State aid and grants
4 recordsState aid and de minimis aid in total 16 924 € (2015–2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (16 924 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 1746 €* | 30.04.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Nõustamine VTA | 1100 € | 09.11.2016 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 13 228 €* | 23.09.2015 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Guarantee | 850 €* | 23.09.2015 |
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
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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