Nordic Machine Systems OÜ

Registered
12350509Private limited company (OÜ)Founded 2012

Key figures

17 090 €−63,5%
Revenue 2025
−40,3%
Average annual change 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Nordic Machine Systems OÜ

What kind of company is it?

Nordic Machine Systems OÜ (registry code 12350509) 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 manufacture of agricultural machinery (EMTAK 28301). The company is registered for VAT (VAT number EE101601984).

How is the company doing financially?

Revenue in financial year 2025 was 17 090 €, down 63,5% on the previous year (46 834 €). From 2019 to 2025, revenue declined by an average of 40,3% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 2084 € (12,2% of revenue). The company was profitable in 5 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 82 469 € and equity 51 790 € (62,8% of assets).

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 3 members. According to the register, the company has 3 owners. The largest stake (40%) is held by 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 10.06.2026. 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 20260 €—0 €
Q2 20260 €——
Q1 20260 €——
Q4 20250 €—0 €
Q3 20250 €——
Q2 202516 240 €—0 €
Q1 20250 €—105 €

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

Dividends

calculated
2025

Distributed as dividends 4000 € (7% of distributable profit).

History
dividend other equity decrease
20254000 €
2024 ~8000 €+2500 € other
202312 900 €
20222699 €
202112 088 €
20202863 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue228 220289 90363 98646 83417 090
Net profit−32 10521 263−47 13454 0942084
Retained earnings81 18746 38354 746−38849 706
Total assets118 21596 59336 05484 80182 469
Total liabilities66 63326 44725 94231 09530 679
Total equity51 58270 14610 11253 70651 790
Employees10000
Average gross salary (monthly)827————
Calculated dividend12 088269912 90080004000

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
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
Filed late: 2023
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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40%40%20%Nordic Machine System…5Meelis Niinepuu3Toomas UiboMärt Uibo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

5 records

State aid and de minimis aid in total 27 685 € (2018–2019). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (27 685 €).

Show all aid records (5)
20195865 €
201821 820 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA1431 €18.10.2019
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA4434 €24.09.2019
Ettevõtluse ja Innovatsiooni SihtasutusVKEde messil osalemine (VTA)9920 €05.12.2018
Ettevõtluse ja Innovatsiooni SihtasutusVKEde messil osalemine (VTA)10 800 €20.11.2018
Ettevõtluse ja Innovatsiooni SihtasutusNõustamine VTA1100 €11.07.2018

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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