Nokia Solutions and Networks OÜ

Registered
11326644Private limited company (OÜ)Founded 2006

Key figures

1 221 825 €+7,5%
Revenue 2025
+10,1%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Nokia Solutions and Networks OÜ

What kind of company is it?

Nokia Solutions and Networks OÜ (registry code 11326644) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other business support service activities n.e.c. (EMTAK 82991). The company is registered for VAT (VAT number EE101109059).

How is the company doing financially?

Revenue in financial year 2025 was 1 221 825 €, up 7,5% on the previous year (1 136 842 €). From 2019 to 2025, revenue grew by an average of 10,1% per year. Financial year 2025 ended with a loss of 170 952 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 6 employees (7 a year earlier). Revenue per employee was 203 638 €. At the end of financial year 2025, total assets were 1 183 659 € and equity 950 412 € (80,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 153 169 €, down 21,2% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 120 399 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 11 620 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is Nokia Solutions and Networks Oy.

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 29.05.2026. 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 2026153 169 €6120 399 €
Q2 2026160 245 €6113 884 €
Q1 2026272 256 €660 379 €
Q4 2025492 704 €659 997 €
Q3 2025194 365 €664 829 €
Q2 2025223 475 €6106 406 €
Q1 2025298 438 €655 188 €

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 2 126 504 € (74% of distributable profit).

Low confidence: in the same year part of the retained earnings moved to reserves or share capital, or a contribution was made — the exact dividend is unclear, the lower estimate is shown.

History
2025 ~2 126 504 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue627 6161 277 3181 024 5931 136 8421 221 825
Net profit226 337478 590311 051401 509−170 952
Retained earnings1 475 0271 701 3642 179 9542 491 003708 511
Total assets2 072 7822 666 3913 004 8033 501 6651 183 659
Total liabilities138 599213 451202 378253 797233 247
Total equity1 934 1832 452 9402 802 4253 247 868950 412
Employees77776
Average gross salary (monthly)44746116561360757555
Calculated dividend00002 126 504

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 note7 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
Filed late: 2023, 2024
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2024 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Nokia Solutions and N…Nokia Solutions and N…1Elina Rääsk1Toivo Hallikivi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021PDFXBRL
2020PDFXBRL
2019PDFXBRL

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

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