K.L Nordvara OÜ

Registered
11426009Private limited company (OÜ)Founded 2007

Key figures

3 567 537 €−29,5%
Revenue 2025
+0,0%
Average annual growth 2019–2025
02 m4 m6 m8 m2019202020212022202320242025

Ratios

2025

Summary: K.L Nordvara OÜ

What kind of company is it?

K.L Nordvara OÜ (registry code 11426009) 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: Enge küla, Põhja-Pärnumaa vald, Pärnu maakond. According to the latest annual report, the main activity is manufacture of furniture (except mattresses) (EMTAK 31001). The company is registered for VAT (VAT number EE101182649).

How is the company doing financially?

Revenue in financial year 2025 was 3 567 537 €, down 29,5% on the previous year (5 057 432 €). Net profit for financial year 2025 was 687 998 € (19,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 28 employees (39 a year earlier). Revenue per employee was 127 412 €. At the end of financial year 2025, total assets were 4 904 365 € and equity 4 213 122 € (85,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 1760 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 67 569 €, down 94,0% on the same quarter a year earlier.

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 202667 569 €—0 €
Q2 202667 071 €—0 €
Q1 202670 915 €—0 €
Q4 20251 260 712 €—62 818 €
Q3 20251 133 073 €493 049 €
Q2 20251 194 261 €792 753 €
Q1 20251 446 102 €895 714 €

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 655 000 € (16% of distributable profit).

History
2025655 000 €
2024440 860 €
20231 074 965 €
202283 441 €
2021487 216 €
2020334 515 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue3 785 8584 456 1857 590 3225 057 4323 567 537
Net profit719 115719 1561 311 019424 920687 998
Retained earnings2 593 9163 229 5902 873 7813 743 9403 513 860
Total assets4 261 7344 757 5825 657 2745 266 8634 904 365
Total liabilities937 439797 5721 461 2101 086 739691 243
Total equity3 324 2953 960 0104 196 0644 180 1244 213 122
Employees3232473928
Average gross salary (monthly)12561423157316601759
Calculated dividend487 21683 4411 074 965440 860655 000

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 clear1 for information
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
325 000 €
AS SEB Pank
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%K.L Nordvara OÜ2Kalle Mikael Lehtonen
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

23 records

State aid and de minimis aid in total 631 515 € (2016–2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (504 042 €), Elering AS (126 383 €), Riigi Tugiteenuste Keskus (1090 €).

Show all aid records (23)
2024190 €
2023176 323 €
202211 844 €
20215878 €
202040 703 €
20195602 €
2018149 211 €
2016241 764 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusMuu190 €16.08.2024
Ettevõtluse ja Innovatsiooni SihtasutusInvesteeringuteks ettenähtud regionaalabi (artikkel 14)121 600 €17.03.2023
Ettevõtluse ja Innovatsiooni SihtasutusVKEdele nõustamiseks antav abi (artikkel 18)2000 €17.03.2023
Ettevõtluse ja Innovatsiooni SihtasutusProtsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29)32 023 €17.03.2023
Ettevõtluse ja Innovatsiooni SihtasutusKoolitusabi17 500 €17.03.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu3200 €17.03.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu11 844 €27.04.2022
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi5878 €31.12.2021
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi6203 €31.12.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)34 500 €15.12.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi5602 €01.11.2019
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi74 200 €06.08.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu23 261 €11.05.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu22 500 €22.02.2018
Ettevõtluse ja Innovatsiooni SihtasutusVKEdele messidel osalemiseks antav abi (artikkel 19)20 250 €22.02.2018
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus9000 €22.02.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu167 247 €10.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusVKEdele messidel osalemiseks antav abi (artikkel 19)20 925 €10.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusTeadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus29 250 €10.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusProtsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29)14 850 €10.11.2016
Riigi Tugiteenuste KeskusMuu900 €06.09.2016
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA5652 €18.05.2016
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA2940 €18.03.2016

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 — Manufacturing
Same activity — Manufacture of furniture (except mattresses)

We use analytics cookies to understand how the Service is used. Read more.