Norestex Trading OÜ
RegisteredKey figures
Ratios
2025Summary: Norestex Trading OÜ
What kind of company is it?
Norestex Trading OÜ (registry code 10984753) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100860535).
How is the company doing financially?
Revenue in financial year 2025 was 4131 €, down 67,7% on the previous year (12 808 €). From 2019 to 2025, revenue declined by an average of 16,6% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 17 572 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 2066 €. At the end of financial year 2025, total assets were 159 185 € and equity 158 053 € (99,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1726 €, up 9,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 903 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 470 € 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 11.05.2026. 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 | 1726 € | 2 | 903 € |
| Q2 2026 | 1791 € | 3 | 888 € |
| Q1 2026 | 839 € | 3 | 820 € |
| Q4 2025 | 1918 € | 3 | 1046 € |
| Q3 2025 | 1576 € | 3 | 648 € |
| Q2 2025 | 159 € | 3 | 952 € |
| Q1 2025 | 2213 € | 2 | 1819 € |
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 | 16 100 | 15 047 | 13 983 | 12 808 | 4131 |
| Net profit | 1513 | 32 415 | −170 | 82 350 | −17 572 |
| Retained earnings | 48 706 | 50 219 | 78 633 | 58 463 | 52 813 |
| Total assets | 65 853 | 87 533 | 86 260 | 181 743 | 159 185 |
| Total liabilities | 12 822 | 2087 | 4985 | 6118 | 1132 |
| Total equity | 53 031 | 85 446 | 81 275 | 175 625 | 158 053 |
| Employees | 1 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 417 | 676 | 1036 | 909 | 553 |
| Calculated dividend | 2000 | 0 | 4001 | 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
2 recordsState aid and de minimis aid in total 9043 € (2022–2025). Largest grantors: Eesti Töötukassa (9043 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 5083 € | 11.06.2025 |
| Eesti Töötukassa | Palgatoetus VTA | 3960 € | 20.10.2022 |
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 ↗
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