NOVO GRUPP OÜ
RegisteredKey figures
Ratios
2024Summary: NOVO GRUPP OÜ
What kind of company is it?
NOVO GRUPP OÜ (registry code 11209080) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is buying and selling of own real estate (EMTAK 68111). The company is registered for VAT (VAT number EE101138716).
How is the company doing financially?
Revenue in financial year 2024 was 974 701 €, up 14,4% on the previous year (852 256 €). From 2019 to 2024, revenue declined by an average of 6,9% per year. Net profit for financial year 2024 was 12 219 € (1,3% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2024 the company had 2 employees. Revenue per employee was 487 351 €. At the end of financial year 2024, total assets were 2 919 247 € and equity 1 259 182 € (43,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 34 322 €, up 45,1% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 4678 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1100 € 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 (67%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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. Latest register change: 13.10.2026. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 01.07.2025. 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 | 34 322 € | 3 | 4678 € |
| Q2 2026 | 14 927 € | 2 | 4278 € |
| Q1 2026 | 26 925 € | 2 | 4549 € |
| Q4 2025 | 15 169 € | 2 | 5126 € |
| Q3 2025 | 23 662 € | 2 | 5126 € |
| Q2 2025 | 21 610 € | 2 | 5126 € |
| Q1 2025 | 31 944 € | 2 | 6331 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 1 536 147 | 602 075 | 871 474 | 852 256 | 974 701 |
| Net profit | 450 920 | 67 892 | −1 045 627 | −52 432 | 12 219 |
| Retained earnings | 1 818 204 | 2 269 124 | 2 337 016 | 1 291 389 | 1 238 957 |
| Total assets | 2 383 118 | 2 395 022 | 2 379 418 | 2 377 800 | 2 919 247 |
| Total liabilities | 105 988 | 50 000 | 1 080 023 | 1 130 837 | 1 660 065 |
| Total equity | 2 277 130 | 2 345 022 | 1 299 395 | 1 246 963 | 1 259 182 |
| Employees | 0 | 1 | 1 | 2 | 2 |
| Average gross salary (monthly) | — | 467 | 800 | 929 | 1163 |
| Calculated dividend | 0 | 0 | 0 | 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
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Change history
2 changes- 09.11.2026*Address changed: Harju maakond, Tallinn, Lasnamäe linnaosa, Katusepapi tn 16a · previously: Harju maakond, Tallinn, Pirita linnaosa, Tamme tn 12-1
- 13.10.2026Registry entry changed
Entered in the register on 10.01.2006.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).