Nordic Energy Solutions OÜ
RegisteredKey figures
Ratios
2025Summary: Nordic Energy Solutions OÜ
What kind of company is it?
Nordic Energy Solutions OÜ (registry code 12237440) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE101528096).
How is the company doing financially?
Revenue in financial year 2025 was 67 972 €, down 75,0% on the previous year (272 032 €). From 2019 to 2025, revenue declined by an average of 20,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 13 137 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (3 a year earlier). Revenue per employee was 67 972 €. At the end of financial year 2025, total assets were 10 759 € and equity 8845 € (82,2% of assets). Based on labour costs in the report, the estimated average gross salary was about 1760 € 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. The sole owner of the company is Nordic Power Management OÜ.
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 06.07.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 0 € | — | — |
| Q1 2026 | 0 € | — | — |
| Q4 2025 | 0 € | — | 0 € |
| Q3 2025 | 0 € | — | — |
| Q2 2025 | 67 972 € | — | 11 795 € |
| Q1 2025 | 21 200 € | — | 22 092 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 130 441 | 195 788 | 169 800 | 272 032 | 67 972 |
| Net profit | −56 101 | 23 641 | −47 430 | 21 427 | −13 137 |
| Retained earnings | 75 446 | 19 344 | 42 985 | −4445 | 16 982 |
| Total assets | 49 027 | 82 572 | 38 892 | 75 377 | 10 759 |
| Total liabilities | 24 682 | 34 587 | 38 337 | 53 395 | 1914 |
| Total equity | 24 345 | 47 985 | 555 | 21 982 | 8845 |
| Employees | 2 | 2 | 3 | 3 | 1 |
| Average gross salary (monthly) | 2766 | 3856 | 3380 | 4081 | 1758 |
| Calculated dividend | 80 000 | 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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 6900 € (2018). Largest grantors: Kliimaministeerium (6900 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Kliimaministeerium | Koolitus VTA | 6900 € | 20.03.2018 |
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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