OÜ Nordicstay Varad

Registered
11462809Private limited company (OÜ)Founded 2008

Key figures

101 271 €−53,6%
Revenue 2025
+38,6%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Nordicstay Varad

What kind of company is it?

OÜ Nordicstay Varad (registry code 11462809) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Paslepa küla / Pasklep, Lääne-Nigula vald, Lääne 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 EE101207841).

How is the company doing financially?

Revenue in financial year 2025 was 101 271 €, down 53,6% on the previous year (218 390 €). From 2019 to 2025, revenue grew by an average of 38,6% per year. Net profit for financial year 2025 was 105 703 € (104% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 698 996 € and equity 236 188 € (33,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 87 122 €, up 787% 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 Nordicstay Invest OÜ.

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. Latest register change: 30.09.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.09.2026. 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 202687 122 €—0 €
Q2 20265943 €—0 €
Q1 20265390 €—0 €
Q4 202514 027 €—0 €
Q3 20259824 €—0 €
Q2 202512 946 €—0 €
Q1 2025155 645 €—0 €

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 72 179 € (40% of distributable profit).

History
202572 179 €
202445 117 €
20230 €
20220 €
20210 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue74 98778 69795 322218 390101 271
Net profit34 83455 75445 11772 179105 703
Retained earnings17 34152 175107 929107 929107 929
Total assets74 731343 272468 144651 031698 996
Total liabilities0212 787292 542448 367462 808
Total equity74 731130 485175 602202 664236 188
Employees11110
Average gross salary (monthly)—431806405—
Calculated dividend00045 11772 179

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 note6 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, 2025
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.

Connections graph

Click a node to see its other connections.

100%OÜ Nordicstay Varad3Nordicstay Invest OÜ6Maris Narrusson
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 4041 € (2020–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (4041 €).

Show all aid records (5)
20221901 €
2021724 €
20201416 €

The total also includes 5 tax reductions worth 4041 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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 ↗

Change history

2 changes
  • 12.10.2026*Annual report 2025 filed
  • 30.09.2026Registry entry changed · activities

Entered in the register on 31.01.2008.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

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

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