Nordhale International OÜ

Registered
12984906Private limited company (OÜ)Founded 2016

Key figures

100 953 €−18,1%
Revenue 2025
+12,2%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Nordhale International OÜ

What kind of company is it?

Nordhale International OÜ (registry code 12984906) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is guest apartments (EMTAK 55204). The company is registered for VAT (VAT number EE102007529).

How is the company doing financially?

Revenue in financial year 2025 was 100 953 €, down 18,1% on the previous year (123 210 €). From 2019 to 2025, revenue grew by an average of 12,2% per year. Net profit for financial year 2025 was 15 197 € (15,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 100 953 €. At the end of financial year 2025, total assets were 93 210 € and equity 84 154 € (90,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 39 268 €, up 11,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 585 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 540 € 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.

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 02.09.2026. 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 202639 268 €1585 €
Q2 202613 099 €1351 €
Q1 202614 016 €11047 €
Q4 202513 159 €21031 €
Q3 202535 329 €21031 €
Q2 202515 688 €2869 €
Q1 202523 194 €2724 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue112 32198 349117 226123 210100 953
Net profit12 9249094852528 70515 197
Retained earnings715020 07429 16837 75266 457
Total assets51 05638 10746 43975 20593 210
Total liabilities28 4826439624662489056
Total equity22 57431 66840 19368 95784 154
Employees21111
Average gross salary (monthly)9568031169850774
Calculated dividend00000

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, 2024, 2025
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
100%Nordhale Internationa…Sinika Seepõld
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

21 records

State aid and de minimis aid in total 45 257 € (2016–2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (28 629 €), Riigi Tugiteenuste Keskus (14 028 €), Sihtasutus Tallinna Ettevõtlusinkubaatorid (2600 €).

Show all aid records (21)
202017 775 €
20196753 €
201814 328 €
20175841 €
2016560 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusEkspordi edendamine VTA3600 €22.10.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA7175 €18.09.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA6000 €09.09.2020
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA0 €09.09.2020
Sihtasutus Tallinna EttevõtlusinkubaatoridEkspordi edendamine VTA · Other1000 €02.01.2020
Ettevõtluse ja Innovatsiooni SihtasutusInnovatsiooni osak3996 €19.06.2019
Sihtasutus Tallinna EttevõtlusinkubaatoridEkspordi edendamine VTA · Other1000 €01.06.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu1757 €30.04.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA0 €25.07.2018
Sihtasutus Tallinna EttevõtlusinkubaatoridMuu VTA300 €18.04.2018
Riigi Tugiteenuste KeskusMuu14 028 €07.02.2018
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA5111 €01.11.2017
Sihtasutus Tallinna EttevõtlusinkubaatoridMuu VTA200 €21.09.2017
Sihtasutus Tallinna EttevõtlusinkubaatoridMuu VTA100 €09.09.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu50 €13.06.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu2 €15.02.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu15 €24.01.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu363 €19.01.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu536 €30.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu3 €15.11.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu21 €06.10.2016

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 ↗

Change history

1 change
  • 12.10.2026*Annual report 2025 filed

Entered in the register on 26.01.2016.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

Loading list of reports…

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

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