OÜ Nordic Way

Registered
11323462Private limited company (OÜ)Founded 2007

Key figures

164 620 €−57,5%
Revenue 2025
−3,5%
Average annual change 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

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

Summary: OÜ Nordic Way

What kind of company is it?

OÜ Nordic Way (registry code 11323462) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101132152).

How is the company doing financially?

Revenue in financial year 2025 was 164 620 €, down 57,5% on the previous year (387 689 €). From 2019 to 2025, revenue declined by an average of 3,5% per year. Net profit for financial year 2025 was 762 € (0,5% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 164 620 €. At the end of financial year 2025, total assets were 1 611 415 € and equity 1 190 611 € (73,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 9470 €, down 74,8% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 965 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 760 € 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 (894500GHPPT5PBBDZI30) 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 20269470 €1965 €
Q2 202613 300 €11005 €
Q1 202630 158 €1891 €
Q4 202518 864 €1521 €
Q3 202537 509 €10 €
Q2 202559 991 €—0 €
Q1 202560 614 €—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 €
20240 €
202340 325 €
202252 151 €
202148 578 €
202028 966 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue83 756265 467312 895387 689164 620
Net profit70 89383 662130 39881 804762
Retained earnings280 290299 032342 3691 105 2331 187 037
Total assets588 495623 921665 8071 705 5141 611 415
Total liabilities234 500238 415190 228515 665420 804
Total equity353 995385 506475 5791 189 8491 190 611
Employees00101
Calculated dividend48 57852 15140 32500

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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100%OÜ Nordic Way9+Velvo Vaht
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Annual reportsPDF, XBRL

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

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