Nordtree OÜ

Registered
11242019Private limited company (OÜ)Founded 2006
Tax debt 3283 € as of 09.11.2026 (incl. 3283 € in a payment schedule).Source: Tax and Customs Board

Key figures

221 141 €+55,0%
Revenue 2025
−3,6%
Average annual change 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Nordtree OÜ

What kind of company is it?

Nordtree OÜ (registry code 11242019) 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: Kehra linn, Anija vald, Harju maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE101047441).

How is the company doing financially?

Revenue in financial year 2025 was 221 141 €, up 55,0% on the previous year (142 656 €). From 2019 to 2025, revenue declined by an average of 3,6% per year. Net profit for financial year 2025 was 11 089 € (5,0% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 110 571 €. At the end of financial year 2025, total assets were 27 762 € and equity 23 350 € (84,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 26 968 €, down 39,8% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1462 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1040 € 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 01.07.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202626 968 €11462 €
Q2 202617 402 €11065 €
Q1 20266937 €12321 €
Q4 202548 065 €12696 €
Q3 202544 789 €15591 €
Q2 202592 970 €27426 €
Q1 202535 532 €26681 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue394 2981 222 855780 562142 656221 141
Net profit88 9782697−31 399−957311 089
Retained earnings−41 25647 72350 42119 0229449
Total assets231 146251 22356 40133 52527 762
Total liabilities180 612197 99134 56721 2644412
Total equity50 53453 23221 83412 26123 350
Employees45422
Average gross salary (monthly)7172004188818091422
Calculated dividend00000

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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
3283 €
as of 09.11.2026 (incl. 3283 € in a payment schedule)
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
Filed late: 2023, 2024, 2025
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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100%Nordtree OÜ2Andres NordenRiina Norden
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 7836 € (2017). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (7836 €).

Show all aid records (1)
20177836 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusInvesteeringud7836 €21.09.2017

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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