OÜ Nortverk
RegisteredKey figures
Ratios
2025Summary: OÜ Nortverk
What kind of company is it?
OÜ Nortverk (registry code 11201552) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 20 years. Registered location: Tõrvandi alevik, Kambja vald, Tartu maakond. According to the latest annual report, the main activity is wholesale of electrical household appliances (EMTAK 46431). The company is registered for VAT (VAT number EE101090524).
How is the company doing financially?
Revenue in financial year 2025 was 327 127 €, down 25,4% on the previous year (438 597 €). From 2019 to 2025, revenue grew by an average of 5,7% per year. Financial year 2025 ended with a loss of 44 780 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 109 042 €. At the end of financial year 2025, total assets were 265 170 € and equity 154 831 € (58,4% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 100 916 €, down 29,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1054 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € 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 30.06.2026. 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 (9845000K6DD73C3D1C38) 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 100 916 € | 1 | 1054 € |
| Q2 2026 | 80 594 € | 1 | 2917 € |
| Q1 2026 | 104 576 € | 1 | 5536 € |
| Q4 2025 | 145 268 € | 2 | 5556 € |
| Q3 2025 | 142 772 € | 2 | 6666 € |
| Q2 2025 | 88 953 € | 2 | 4103 € |
| Q1 2025 | 131 360 € | 2 | 6116 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 2700 € (2% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 586 091 | 583 677 | 715 599 | 438 597 | 327 127 |
| Net profit | 41 894 | 66 191 | 34 647 | −36 987 | −44 780 |
| Retained earnings | 70 915 | 112 309 | 178 564 | 213 211 | 173 524 |
| Total assets | 271 445 | 481 291 | 306 683 | 263 771 | 265 170 |
| Total liabilities | 132 549 | 276 704 | 67 385 | 61 460 | 110 339 |
| Total equity | 138 896 | 204 587 | 239 298 | 202 311 | 154 831 |
| Employees | 1 | 2 | 2 | 3 | 3 |
| Average gross salary (monthly) | 1438 | 1376 | 1448 | 1160 | 1259 |
| Calculated dividend | 0 | 500 | 0 | 0 | 2700 |
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
1 recordState aid and de minimis aid in total 1560 € (2015). Largest grantors: Eesti Töötukassa (1560 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1560 € | 22.09.2015 |
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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