NORDIC LOG EXPERT OÜ

Registered
12064695Private limited company (OÜ)Founded 2011

Key figures

107 743 €+122,8%
Revenue 2025
+10,5%
Average annual growth 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: NORDIC LOG EXPERT OÜ

What kind of company is it?

NORDIC LOG EXPERT OÜ (registry code 12064695) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Painküla, Jõgeva vald, Jõgeva maakond. According to the latest annual report, the main activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (EMTAK 77399). The company is registered for VAT (VAT number EE101431235).

How is the company doing financially?

Revenue in financial year 2025 was 107 743 €, up 123% on the previous year (48 355 €). From 2019 to 2025, revenue grew by an average of 10,5% per year. Financial year 2025 ended with a loss of 5772 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 107 743 €. At the end of financial year 2025, total assets were 37 717 € and equity 5800 € (15,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 37 034 €, up 5,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1249 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 920 € 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 14.06.2026. 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 202637 034 €11249 €
Q2 202636 061 €11249 €
Q1 202620 591 €11260 €
Q4 202525 873 €11280 €
Q3 202535 117 €11280 €
Q2 202519 153 €11280 €
Q1 202524 707 €11273 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue172 057126 21396 02948 355107 743
Net profit45 192−9067−22 991−16 460−5772
Retained earnings14 89760 08951 02228 03111 572
Total assets109 49694 60157 93548 07437 717
Total liabilities49 40743 57929 90436 50331 917
Total equity60 08951 02228 03111 5715800
Employees11111
Average gross salary (monthly)65498198010201000
Calculated dividend00000

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
Commercial pledges
75 000 €
AS Citadele Banka
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.

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100%NORDIC LOG EXPERT OÜ2Vaido Laurimäe
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 9161 € (2013–2020). Largest grantors: Elering AS (9161 €).

Show all aid records (3)
2020471 €
2017490 €
20138200 €
GrantorPurposeAmountDate
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi471 €30.06.2020
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi490 €30.06.2017
Elering ASTaastuvatest energiaallikatest energia tootmiseks antav tegevusabi8200 €12.09.2013

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

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

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