Nordic Waves OÜ
RegisteredKey figures
Ratios
2024/25Summary: Nordic Waves OÜ
What kind of company is it?
Nordic Waves OÜ (registry code 12210116) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is stage performance by musicians (EMTAK 90202). The company is registered for VAT (VAT number EE101505983).
How is the company doing financially?
Revenue in financial year 2024/25 was 50 351 €, down 8,2% on the previous year (54 833 €). From 2019/20 to 2024/25, revenue grew by an average of 2,9% per year. Net profit for financial year 2024/25 was 8328 € (16,5% of revenue). The company was profitable in all 6 published financial years. In financial year 2024/25 the company had 1 employees. Revenue per employee was 50 351 €. At the end of financial year 2024/25, total assets were 71 058 € and equity 69 518 € (97,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 7655 €, up 96,8% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1213 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024/25) was filed on 20.10.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 7655 € | 1 | 1213 € |
| Q2 2026 | 14 822 € | 1 | 1213 € |
| Q1 2026 | 17 480 € | 1 | 1208 € |
| Q4 2025 | 7219 € | 1 | 1197 € |
| Q3 2025 | 3889 € | 1 | 1197 € |
| Q2 2025 | 6030 € | 1 | 1197 € |
| Q1 2025 | 13 467 € | 1 | 1212 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Equity decreased by 500 € in ways other than from retained earnings — e.g. a share capital reduction, a payout from other reserves or a revaluation reserve adjustment. The open data does not show whether this was a payout to the owners.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 33 096 | 61 284 | 47 480 | 54 833 | 50 351 |
| Net profit | 9291 | 23 709 | 11 612 | 12 606 | 8328 |
| Retained earnings | 40 530 | 49 821 | 53 530 | 45 142 | 58 690 |
| Total assets | 54 952 | 77 723 | 69 451 | 63 210 | 71 058 |
| Total liabilities | 2631 | 1500 | 366 | 1520 | 1540 |
| Total equity | 52 321 | 76 223 | 69 085 | 61 690 | 69 518 |
| Employees | 0 | 0 | 0 | 1 | 1 |
| Average gross salary (monthly) | — | — | — | 502 | 589 |
| Calculated dividend | 0 | 0 | 18 750 | 20 000 | 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 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 131 € (2016–2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (131 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 31 € | 23.01.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 22 € | 16.01.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 78 € | 06.09.2016 |
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.