Nordic Armoury OÜRegistered
Key figures
Ratios
2025Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 8 510 383 € | 8 | 41 573 € |
| Q2 2026 | 7 675 018 € | 8 | 38 437 € |
| Q1 2026 | 2 992 650 € | 7 | 51 583 € |
| Q4 2025 | 719 638 € | 7 | 40 107 € |
| Q3 2025 | 365 832 € | 7 | 37 055 € |
| Q2 2025 | 2 411 648 € | 7 | 32 784 € |
| Q1 2025 | 103 242 € | 7 | 30 670 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 249 965 | 580 377 | 803 532 | 779 947 | 1 263 034 | 620 943 | 7 264 925 |
| Total non-current assets | 95 977 | 59 606 | 54 573 | 1705 | 7383 | 21 007 | 67 669 |
| Total assets | 345 942 | 639 983 | 858 105 | 781 652 | 1 270 417 | 641 950 | 7 332 594 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 44 533 | 108 920 | 272 455 | 213 635 | 775 720 | 30 678 | 6 517 651 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 44 533 | 108 920 | 272 455 | 213 635 | 775 720 | 30 678 | 6 517 651 |
| Share capital | 4500 | 4500 | 4500 | 4500 | 4500 | 25 000 | 25 000 |
| Retained earnings of previous periods | 291 599 | 293 553 | 316 957 | 577 794 | 498 283 | 466 340 | 582 916 |
| Profit for the year | 1954 | 229 654 | 260 837 | −17 633 | −11 442 | 116 576 | 203 671 |
| Reserves and other equity | 3356 | 3356 | 3356 | 3356 | 3356 | 3356 | 3356 |
| Total equity | 301 409 | 531 063 | 585 650 | 568 017 | 494 697 | 611 272 | 814 943 |
| Income statement | |||||||
| Sales revenue | 388 566 | 1 349 308 | 2 015 360 | 1 751 936 | 3 190 353 | 1 694 179 | 1 069 710 |
| Operating profit | 1946 | 229 650 | 312 391 | −18 101 | 42 056 | 114 564 | 196 048 |
| EBITDA | 31 504 | 260 878 | 350 031 | 4278 | 43 648 | 118 698 | 202 018 |
| Profit before income tax | 1954 | 229 654 | 312 400 | −17 633 | 43 462 | 116 576 | 203 671 |
| Profit for the reporting year | 1954 | 229 654 | 260 837 | −17 633 | −11 442 | 116 576 | 203 671 |
| Labour costs | 146 951 | 195 690 | 210 084 | 258 120 | 239 947 | 289 584 | 353 983 |
| Depreciation of non-current assets | 29 558 | 31 228 | 37 640 | 22 379 | 1592 | 4134 | 5970 |
| Other indicators | |||||||
| Employees | 5 | 5 | 6 | 6 | 6 | 6 | 7 |
| Calculated dividend | — | 0 | 206 250 | 0 | 61 878 | 0 | 0 |
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 obligations2 notes4 clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
16 contractsPublic contracts won worth 7 322 677 € from 2 contracting authorities (29.05.2025–30.03.2026). Plus 11 framework agreements shared with other suppliers (not included in the total).
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Nordic Armoury OÜ
Overview
Nordic Armoury OÜ (registry code 11370160) 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: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE101139472).
Financial results
Revenue in financial year 2025 was 1 069 710 €, down 36,9% on the previous year (1 694 179 €). From 2019 to 2025, revenue grew by an average of 18,4% per year. Net profit for financial year 2025 was 203 671 € (19,0% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 7 employees (6 a year earlier). Revenue per employee was 152 816 €. At the end of financial year 2025, total assets were 7 332 594 € and equity 814 943 € (11,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 8 510 383 €, up 2226% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 41 573 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3170 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 3 owners. The largest stake (40%) is held by Nordic Armory OÜ.
Data sources and freshness
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. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.