Nordic Fibreboard Ltd OsaühingRegistered

12503545Private limited company (OÜ)Founded 2013
Going concern uncertainty. In the 2019 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2019 report: Qualified.

Key figures

7 325 000 €−3,2%
Revenue 2025
−7,6%
Average annual change 2019–2025
05 m10 m15 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
05 m10 mpuudub2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20262 592 098 €55150 308 €
Q2 20262 338 084 €54164 205 €
Q1 20261 623 133 €57154 238 €
Q4 20252 086 511 €60196 121 €
Q3 20252 151 952 €67193 078 €
Q2 20252 057 329 €69182 095 €
Q1 20251 546 864 €70172 375 €

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

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €+360 000 € other
20220 €
20210 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets—1 424 0001 473 0002 443 0001 261 0001 182 0001 819 000
Total non-current assets—5 329 0005 739 0005 491 0005 404 0005 075 0005 404 000
Total assets7 986 3126 753 0007 212 0007 934 0006 665 0006 257 0007 223 000
Balance sheet — liabilities and equity
Current liabilities—2 277 000953 0001 282 0001 308 0002 075 0006 026 000
Non-current liabilities—2 517 0003 095 0002 893 0002 673 0002 223 000267 000
Total liabilities—4 794 0004 048 0004 175 0003 981 0004 298 0006 293 000
Share capital—23 00023 00023 00023 00023 00023 000
Retained earnings of previous periods—−5 033 000−4 195 000−2 990 000−2 395 000−3 110 000−3 835 000
Profit for the year—838 0001 205 000595 000−715 000−725 000−1 029 000
Reserves and other equity—6 131 0006 131 0006 131 0005 771 0005 771 0005 771 000
Total equity—1 959 0003 164 0003 759 0002 684 0001 959 000930 000
Income statement
Sales revenue11 734 97910 001 0009 842 00011 035 0007 657 0007 567 0007 325 000
Operating profit—44 0001 058 000595 000−384 000−495 000−815 000
EBITDA—602 0001 555 0001 092 000105 00027 000−295 000
Profit before income tax—838 0001 205 000595 000−715 000−725 000−1 029 000
Profit for the reporting year—838 0001 205 000595 000−715 000−725 000−1 029 000
Labour costs—2 041 0001 966 0002 040 0001 610 0001 622 0001 880 000
Depreciation of non-current assets—558 000497 000497 000489 000522 000520 000
Other indicators
Employees1201069188686560
Calculated dividend——00000

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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Nordic Fibreboard Ltd…5Danel HirbaumEnno KaukverKristina KivimeisterOmanikukonto: NORDIC …
CompanyPersonShareholderOther roleAdditional link

Public procurement

The company is itself a contracting authority: 1 tenders. View tenders →

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL
YearFiles
2025DDOC/BDOCPDF
2024DDOC/BDOCPDF
2023DDOC/BDOCPDF
2022DDOC/BDOCPDF
2021DDOC/BDOCPDF
2020DDOC/BDOCPDF
2019DDOC/BDOCPDF

Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: Nordic Fibreboard Ltd Osaühing

Overview

Nordic Fibreboard Ltd Osaühing (registry code 12503545) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is puitlaast- ja puitkiudplaatide tootmine (EMTAK 16212). The company is registered for VAT (VAT number EE101652014).

Financial results

Revenue in financial year 2025 was 7 325 000 €, down 3,2% on the previous year (7 567 000 €). From 2019 to 2025, revenue declined by an average of 7,6% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 1 029 000 €. The company was profitable in 3 of the 6 published financial years. In financial year 2025 the company had 60 employees (65 a year earlier). Revenue per employee was 122 083 €. At the end of financial year 2025, total assets were 7 223 000 € and equity 930 000 € (12,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 2 592 098 €, up 20,5% on the same quarter a year earlier. The company had 55 employees in that quarter. Labour taxes paid in the quarter: 150 308 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1760 € per month.

Management and owners

The management board has 3 members. The sole owner of the company is NORDIC FIBREBOARD AS.

Points to note

In the report for financial year 2019, the auditor pointed to a material uncertainty about the company's ability to continue as a going concern.

Data sources and freshness

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 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (5493002LPLOLMPLG1G53) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Related companies

Same activity — Puitlaast- ja puitkiudplaatide tootmine