Nord Solar Business OÜRegistered

11213182Private limited company (OÜ)Founded 2006

Key figures

1 839 154 €
Revenue 2025
+173,1%
Average annual growth 2019–2025
0500 k1 m1,5 m2 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k600 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q2 2026530 927 €413 461 €
Q1 2026533 601 €413 008 €
Q4 2025889 110 €413 286 €
Q3 2025532 244 €48521 €
Q2 2025264 388 €40 €
Q1 2025140 495 €—0 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024 ~14 436 €
20230 €
20220 €
20210 €
20200 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets12 54116 86137 82938 22879810518 284
Total non-current assets45 57445 57426 02824 36042 47307287
Total assets58 11562 43563 85762 58850 4540525 571
Balance sheet — liabilities and equity
Current liabilities561311881667236826580276 566
Non-current liabilities32 26036 86036 86033 36033 3600175 000
Total liabilities37 87338 04838 52735 72836 0180451 566
Share capital10 22410 22410 22410 22410 22410 22410 224
Retained earnings of previous periods5706842712 57213 51515 045−11 815−11 815
Profit for the year348741459431530−12 424074 005
Reserves and other equity825159115911591159115911591
Total equity20 24224 38725 33026 86014 436074 005
Income statement
Sales revenue443681677676785112101 839 154
Operating profit3660432011223895−12 094094 185
EBITDA3660432022805563−10 426094 185
Profit before income tax348741459431530−12 424074 005
Profit for the reporting year348741459431530−12 424074 005
Labour costs00000071 204
Depreciation of non-current assets0011581668166800
Other indicators
Employees0000102
Calculated dividend—000014 4360

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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100%Nord Solar Business OÜ5Andrus Armulik6Vahur SaluNord Capital Holding …
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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

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Nord Solar Business OÜ — 2025 revenue 1 839 154 €, profit 74 005 €, 2 employees | entity.ee