Nordic Shelter Production OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 738 092 € | 54 | 318 417 € |
| Q2 2026 | 490 309 € | 53 | 278 367 € |
| Q1 2026 | 2 048 045 € | 49 | 248 568 € |
| Q4 2025 | 1 417 175 € | 41 | 217 921 € |
| Q3 2025 | 379 829 € | 42 | 226 694 € |
| Q2 2025 | 513 310 € | 38 | 199 205 € |
| Q1 2025 | 2 200 947 € | 36 | 187 258 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 2 579 973 | 1 441 348 | 2 399 462 | 1 613 780 | 2 059 777 | 1 241 759 | 3 286 655 |
| Total non-current assets | 157 967 | 262 303 | 303 032 | 229 996 | 237 588 | 462 794 | 720 505 |
| Total assets | 2 737 940 | 1 703 651 | 2 702 494 | 1 843 776 | 2 297 365 | 1 704 553 | 4 007 160 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 040 603 | 786 662 | 2 617 854 | 2 870 551 | 2 235 293 | 1 448 058 | 6 574 131 |
| Non-current liabilities | 939 860 | 793 141 | 764 718 | 1580 | 0 | 0 | 69 311 |
| Total liabilities | 1 980 463 | 1 579 803 | 3 382 572 | 2 872 131 | 2 235 293 | 1 448 058 | 6 643 442 |
| Share capital | 8000 | 8000 | 8000 | 10 000 | 12 000 | 12 000 | 12 000 |
| Retained earnings of previous periods | 596 465 | 749 478 | 115 849 | −688 078 | −1 786 355 | −1 730 928 | −1 536 505 |
| Profit for the year | 153 012 | −633 630 | −803 927 | −1 098 277 | 55 427 | 194 423 | −2 892 777 |
| Reserves and other equity | — | — | — | 748 000 | 1 781 000 | 1 781 000 | 1 781 000 |
| Total equity | 757 477 | 123 848 | −680 078 | −1 028 355 | 62 072 | 256 495 | −2 636 282 |
| Income statement | |||||||
| Sales revenue | 3 583 048 | 2 767 067 | 2 087 135 | 2 936 608 | 3 912 057 | 6 931 483 | 2 406 845 |
| Operating profit | 186 753 | −603 486 | −773 100 | −1 096 664 | 55 720 | 195 547 | −2 890 302 |
| EBITDA | 227 710 | −558 052 | −721 003 | −1 034 128 | 119 100 | 294 690 | −2 724 780 |
| Profit before income tax | 153 012 | −633 630 | −803 927 | −1 098 277 | 55 427 | 194 423 | −2 892 777 |
| Profit for the reporting year | 153 012 | −633 630 | −803 927 | −1 098 277 | 55 427 | 194 423 | −2 892 777 |
| Labour costs | 964 842 | 1 075 267 | 925 561 | 915 325 | 985 605 | 1 542 013 | 2 073 664 |
| Depreciation of non-current assets | 40 957 | 45 434 | 52 097 | 62 536 | 63 380 | 99 143 | 165 522 |
| Other indicators | |||||||
| Employees | 28 | 30 | 25 | 23 | 24 | 36 | 40 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 |
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 note5 clear
Data from public registers, not a credit rating.
Connections graph
Public procurement
2 contractsPublic contracts won worth 0 € from 1 contracting authorities (16.06.2023–12.03.2024). Plus 3 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Konteinerite ja pealisehituste ostmine · Väliremondi konteinerid | Riigi Kaitseinvesteeringute Keskus | up to 6 000 000 € | 12.03.2024 |
| Konteinerite ja pealisehituste ostmine · Külmikukonteiner | Riigi Kaitseinvesteeringute Keskus | up to 4 000 000 € | 12.03.2024 |
| Kaitseväes kasutuses olevate sõidukite (sh militaarsõidukite), konteinerlahenduste ja soetamisel olevate masinate (sh konteinerlahendused) sidelahenduste arendus ja -väljaehitamine | Riigi Kaitseinvesteeringute Keskus | up to 30 000 000 € | 16.06.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Nordic Shelter Production OÜ
Overview
Nordic Shelter Production OÜ (registry code 12186286) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 14 years. Registered location: Liivamäe küla, Jõelähtme vald, Harju maakond. According to the latest annual report, the main activity is manufacture of metal structures and parts (EMTAK 2511). The company is registered for VAT (VAT number EE101491767).
Financial results
Revenue in financial year 2025 was 2 406 845 €, down 65,3% on the previous year (6 931 483 €). From 2019 to 2025, revenue declined by an average of 6,4% per year. Financial year 2025 ended with a loss of 2 892 777 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 40 employees (36 a year earlier). Revenue per employee was 60 171 €.
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 738 092 €, up 358% on the same quarter a year earlier. The company had 54 employees in that quarter. Labour taxes paid in the quarter: 318 417 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3560 € per month.
Management and owners
The management board has 4 members. The sole owner of the company is Nordic Shelter AS.
Points to note
Equity was negative at the end of financial year 2025 (−2 636 282 €). Equity is below half of the share capital (12 000 €); in this case the Commercial Code requires measures to restore equity. In the report for financial year 2025, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.
Data sources and freshness
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 21.04.2026. 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.