Nordem Food OÜ

Registered
11211776Private limited company (OÜ)Founded 2006

Key figures

601 443 €−34,7%
Revenue 2025
−22,2%
Average annual change 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Nordem Food OÜ

What kind of company is it?

Nordem Food OÜ (registry code 11211776) 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: Viimsi alevik, Viimsi vald, Harju maakond. According to the latest annual report, the main activity is wholesale of meat and meat products (EMTAK 46321). The company is registered for VAT (VAT number EE101027364).

How is the company doing financially?

Revenue in financial year 2025 was 601 443 €, down 34,7% on the previous year (921 189 €). From 2019 to 2025, revenue declined by an average of 22,2% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 33 814 € (5,6% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 300 722 €. At the end of financial year 2025, total assets were 789 176 € and equity 763 530 € (96,8% of assets). Based on labour costs in the report, the estimated average gross salary was about 820 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 185 151 €, up 48,5% on the same quarter a year earlier. Labour taxes paid in the quarter: 2124 €.

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 (50%) 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 31.03.2026. 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 (254900PW6G6F1RQ0PP19) 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026185 151 €—2124 €
Q2 2026211 768 €—2124 €
Q1 2026338 536 €—2357 €
Q4 2025348 948 €—2821 €
Q3 2025124 649 €—2821 €
Q2 2025220 596 €—2821 €
Q1 2025309 628 €—2661 €

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 35 245 € (5% of distributable profit).

History
202535 245 €
202414 168 €
202351 563 €
2022259 441 €
202139 726 €
202072 082 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 568 4911 805 0061 726 277921 189601 443
Net profit103 564179 073121 75795 61333 814
Retained earnings587 314431 437558 947666 536726 904
Total assets762 258692 465743 401790 147789 176
Total liabilities68 56879 14359 88525 18625 646
Total equity693 690613 322683 516764 961763 530
Employees33322
Average gross salary (monthly)659693740923821
Calculated dividend39 726259 44151 56314 16835 245

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
Register status
Registered
Business Register
Tax debt
None
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
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%Nordem Food OÜAndre Veemaa2Hardi Sass
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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