Nordic Electrical Works OÜRegistered

12469392Private limited company (OÜ)Founded 2013

Key figures

3 354 275 €−19,0%

Revenue 2025

+5,5%

Average annual growth 2019–2025

2025

7,0%

Profit margin

9,4%

EBITDA margin

40,1%

Equity ratio

1,5×

Current ratio

53,1%

Return on equity

1547 €

Average gross salary

Balance sheet structure

Current assetsNon-current assetsLiabilitiesEquity

Quarterly figures

Quarter	Revenue	Number of employees	Labour taxes
Q2 2026	970 669 €	37	86 956 €
Q1 2026	1 015 054 €	37	91 981 €
Q4 2025	763 542 €	33	114 561 €
Q3 2025	778 208 €	33	111 885 €
Q2 2025	748 732 €	34	112 156 €
Q1 2025	684 489 €	33	77 749 €

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

calculated

2025

Distributed as dividends 72 890 € (26% of distributable profit).

History

202572 890 €

202488 944 €

202353 511 €

202250 337 €

20214433 €

202010 000 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025

	2019	2020	2021	2022	2023	2024	2025
Balance sheet — assets
Total current assets	441 010	491 823	603 440	776 215	904 357	502 744	605 092
Total non-current assets	63 995	30 317	30 607	77 141	573 925	541 480	501 973
Total assets	505 005	522 140	634 047	853 356	1 478 282	1 044 224	1 107 065
Balance sheet — liabilities and equity
Current liabilities	172 887	310 913	345 797	370 407	528 732	471 523	395 935
Non-current liabilities	—	—	—	16 953	314 340	291 348	267 090
Total liabilities	172 887	310 913	345 797	387 360	843 072	762 871	663 025
Share capital	5000	5000	5000	5000	5000	5000	5000
Retained earnings of previous periods	239 102	316 618	201 294	232 413	406 985	540 766	202 963
Profit for the year	88 016	−110 891	81 456	228 083	222 725	−264 913	235 577
Reserves and other equity	—	500	500	500	500	500	500
Total equity	332 118	211 227	288 250	465 996	635 210	281 353	444 040
Income statement
Sales revenue	2 431 435	2 053 492	3 242 326	4 638 740	4 693 459	4 141 587	3 354 275
Operating profit	86 800	−105 375	82 048	272 498	296 192	−206 505	271 444
EBITDA	106 003	−90 166	101 172	292 778	330 986	−162 646	316 741
Profit before income tax	88 016	−108 391	82 274	269 257	259 872	−249 590	242 690
Profit for the reporting year	88 016	−110 891	81 456	228 083	222 725	−264 913	235 577
Labour costs	661 073	683 476	936 474	1 222 946	1 225 420	1 245 314	945 945
Depreciation of non-current assets	19 203	15 209	19 124	20 280	34 794	43 859	45 297
Other indicators
Employees	30	31	38	46	47	38	33
Calculated dividend	—	10 000	4433	50 337	53 511	88 944	72 890

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

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