LivNord Invest OÜ

Registered
12190922Private limited company (OÜ)Founded 2011

Key figures

203 286 €−0,6%
Revenue 2025
+21,4%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: LivNord Invest OÜ

What kind of company is it?

LivNord Invest OÜ (registry code 12190922) 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: Järsi küla, Raasiku vald, Harju maakond. According to the latest annual report, the main activity is firewood production (EMTAK 02202). The company is registered for VAT (VAT number EE101495284).

How is the company doing financially?

Revenue in financial year 2025 was 203 286 €, down 0,6% on the previous year (204 560 €). From 2019 to 2025, revenue grew by an average of 21,4% per year. Net profit for financial year 2025 was 22 863 € (11,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 101 643 €. At the end of financial year 2025, total assets were 457 050 € and equity 259 270 € (56,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 44 295 €, down 27,2% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 4015 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2490 € 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 11.02.2026. 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 202644 295 €14015 €
Q2 202652 906 €13900 €
Q1 202635 308 €13333 €
Q4 202554 705 €14319 €
Q3 202560 807 €14067 €
Q2 202552 879 €13170 €
Q1 202541 186 €12397 €

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 revenue162 724226 887194 521204 560203 286
Net profit17 87332 70825 81818 50022 863
Retained earnings71 25889 132121 839147 907233 907
Total assets190 006232 917255 513399 890457 050
Total liabilities30 62540 82737 606163 483197 780
Total equity159 381192 090217 907236 407259 270
Employees12232
Average gross salary (monthly)—4877285741052
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 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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100%LivNord Invest OÜ1Mart Liivak
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 92 231 € (2016–2024). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (81 208 €), Elering AS (10 028 €), Maaelu Edendamise SA (996 €).

Show all aid records (4)
2024996 €
202010 028 €
201821 584 €
201659 624 €
GrantorPurposeAmountDate
Maaelu Edendamise SAInvesteeringud · Soft loan996 €*22.03.2024
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)10 028 €28.09.2020
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud21 584 €31.08.2018
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud59 624 €02.08.2016

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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