Blunordic Services OÜ

Registered
11761759Private limited company (OÜ)Founded 2009

Key figures

934 672 €−13,8%
Revenue 2025
+7,0%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: Blunordic Services OÜ

What kind of company is it?

Blunordic Services OÜ (registry code 11761759) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE101331254).

How is the company doing financially?

Revenue in financial year 2025 was 934 672 €, down 13,8% on the previous year (1 084 758 €). From 2019 to 2025, revenue grew by an average of 7,0% per year. Net profit for financial year 2025 was 9425 € (1,0% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 8 employees (14 a year earlier). Revenue per employee was 116 834 €. At the end of financial year 2025, total assets were 929 513 € and equity 11 525 € (1,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 309 965 €, up 1,2% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 63 209 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4200 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Osaühing Saare Timber.

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 03.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (894500MVFPR282PH8308) comes from the GLEIF database. 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 2026309 965 €963 209 €
Q2 2026280 346 €964 789 €
Q1 2026310 190 €957 537 €
Q4 2025297 589 €862 956 €
Q3 2025306 355 €953 323 €
Q2 2025231 931 €865 025 €
Q1 202558 579 €873 569 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
2024240 000 €
2023240 000 €
2022120 000 €
2021175 000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue849 8411 135 4671 282 4131 084 758934 672
Net profit39 403224 222203 087−128 4339425
Retained earnings260 871180 274164 496127 583−850
Total assets444 578719 8271 309 9451 627 634929 513
Total liabilities141 354312 381939 4121 625 534917 988
Total equity303 224407 446370 533210011 525
Employees111213148
Average gross salary (monthly)24062765307331894299
Calculated dividend175 000120 000240 000240 0000

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: 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
100%Blunordic Services OÜOsaühing Saare TimberKristiina Stolbova
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 1477 € (2026). Largest grantors: Haridus- ja Noorteamet (1477 €).

Show all aid records (3)
20261477 €
GrantorPurposeAmountDate
Haridus- ja NoorteametMuu554 €10.06.2026
Haridus- ja NoorteametMuu185 €10.06.2026
Haridus- ja NoorteametMuu738 €08.06.2026

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.

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