Medinord OÜ

Registered
11952962Private limited company (OÜ)Founded 2010

Key figures

632 060 €−21,7%
Revenue 2025
+4,4%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Medinord OÜ

What kind of company is it?

Medinord OÜ (registry code 11952962) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Ahja alevik, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is employee leasing (EMTAK 78201). The company is registered for VAT (VAT number EE101538400).

How is the company doing financially?

Revenue in financial year 2025 was 632 060 €, down 21,7% on the previous year (807 549 €). From 2019 to 2025, revenue grew by an average of 4,4% per year. Net profit for financial year 2025 was 58 064 € (9,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 210 687 €. At the end of financial year 2025, total assets were 304 325 € and equity 262 365 € (86,2% of assets). Based on labour costs in the report, the estimated average gross salary was about 8970 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (50%) is held by 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 28.05.2026. 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 20260 €1—
Q2 20260 €10 €
Q1 20260 €1—
Q4 20250 €10 €
Q3 20250 €10 €
Q2 2025700 €10 €
Q1 20250 €10 €

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 56 962 € (22% of distributable profit).

History
202556 962 €
202487 500 €
202362 000 €
202278 600 €
20210 €
202013 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue781 926808 524861 333807 549632 060
Net profit120 946155 41593 30872 46058 064
Retained earnings44 67887 024180 439186 247201 745
Total assets274 473342 457363 639330 008304 325
Total liabilities106 29397 46287 33668 74541 960
Total equity168 180244 995276 303261 263262 365
Employees65543
Average gross salary (monthly)49256688741084098970
Calculated dividend078 60062 00087 50056 962

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
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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50%50%50%Medinord OÜ1VASE OÜJoonas Otto Wilhelm V…2Terhi Sisko Mielikki …
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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