Novaholm OÜ

Registered
11405875Private limited company (OÜ)Founded 2007

Key figures

2 659 787 €−50,3%
Revenue 2025
−11,4%
Average annual change 2019–2025
05 m10 m15 m2019202020212022202320242025

Ratios

2025

Summary: Novaholm OÜ

What kind of company is it?

Novaholm OÜ (registry code 11405875) 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 non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE101169387).

How is the company doing financially?

Revenue in financial year 2025 was 2 659 787 €, down 50,3% on the previous year (5 354 749 €). From 2019 to 2025, revenue declined by an average of 11,4% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 212 401 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 886 596 €. At the end of financial year 2025, total assets were 2 582 968 € and equity 2 399 879 € (92,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 415 €, up 27,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 13 693 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4100 € 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. 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 2026415 €213 693 €
Q2 2026328 €213 731 €
Q1 20261006 €216 341 €
Q4 20255809 €214 507 €
Q3 2025325 €215 842 €
Q2 2025111 947 €215 146 €
Q1 2025458 868 €220 094 €

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 258 750 € (9% of distributable profit).

History
2025258 750 €
2024776 251 €
2023517 500 €
2022517 499 €
2021275 000 €
2020275 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue8 666 55811 667 2196 849 0275 354 7492 659 787
Net profit403 5301 095 554464 590379 656−212 401
Retained earnings2 336 1382 222 1692 800 2232 488 5622 609 468
Total assets3 841 8014 334 7304 305 6583 203 9082 582 968
Total liabilities1 099 3211 014 1951 038 033332 878183 089
Total equity2 742 4803 320 5353 267 6252 871 0302 399 879
Employees33333
Average gross salary (monthly)21382774292428712859
Calculated dividend275 000517 499517 500776 251258 750

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
Auditor's opinion
Unqualified
Business Register · 2025 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%Novaholm OÜ3Andres Saaremägi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

12 records

State aid and de minimis aid in total 10 292 € (2016–2017). Largest grantors: Eesti Töötukassa (10 292 €).

Show all aid records (12)
2017204 €
201610 088 €
GrantorPurposeAmountDate
Eesti TöötukassaKoolitus VTA102 €22.03.2017
Eesti TöötukassaKoolitus VTA102 €22.03.2017
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA29 €09.09.2016
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA116 €09.09.2016
Eesti TöötukassaKoolitus VTA87 €09.09.2016
Eesti TöötukassaKoolitus VTA170 €09.09.2016
Eesti TöötukassaPalgatoetus VTA9251 €26.02.2016

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

Loading list of reports…

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

Related companies

Largest in the same sector — Wholesale and retail trade
Same activity — Non-specialised wholesale trade

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