Osaühing Norex Systems

Registered
10587986Private limited company (OÜ)Founded 1999
Tax debt 2545 € as of 09.11.2026 (incl. 2545 € in a payment schedule).Source: Tax and Customs Board

Key figures

662 998 €+2,5%
Revenue 2025
−2,4%
Average annual change 2019–2025
0200 k400 k600 k800 k2019202020212022202320242025

Ratios

2025

Summary: Osaühing Norex Systems

What kind of company is it?

Osaühing Norex Systems (registry code 10587986) 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: Suurupi küla, Harku vald, Harju 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 EE100579169).

How is the company doing financially?

Revenue in financial year 2025 was 662 998 €, up 2,5% on the previous year (646 698 €). From 2019 to 2025, revenue declined by an average of 2,4% per year. Net profit for financial year 2025 was 40 450 € (6,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 132 600 €. At the end of financial year 2025, total assets were 307 192 € and equity 121 983 € (39,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 163 522 €, down 3,5% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 20 381 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1660 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (60%) is held by 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 22.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026163 522 €820 381 €
Q2 2026173 767 €99666 €
Q1 2026142 870 €914 736 €
Q4 2025185 631 €815 353 €
Q3 2025169 447 €915 553 €
Q2 2025165 779 €915 651 €
Q1 2025136 693 €913 202 €

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

Dividends

calculated
2025

Distributed as dividends 49 254 € (42% of distributable profit).

History
202549 254 €
202447 104 €
202338 552 €
202238 454 €
202150 004 €
202046 129 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue619 409628 676629 014646 698662 998
Net profit43 22627 02866 74538 69640 450
Retained earnings65 14469 91658 39278 03367 475
Total assets267 038324 930405 225362 488307 192
Total liabilities144 610213 928266 030231 701185 209
Total equity122 428111 002139 195130 787121 983
Employees56555
Average gross salary (monthly)16841442175117911957
Calculated dividend50 00438 45438 55247 10449 254

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 obligations1 issue1 for information5 clear
Register status
Registered
Business Register
Tax debt
2545 €
as of 09.11.2026 (incl. 2545 € in a payment schedule)
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
2 pledges · 24 925 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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60%40%Osaühing Norex SystemsRainer Mättas1Rainer Põld
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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