Nordic Engineering Group OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 22 466 € | 1 | 3546 € |
| Q2 2026 | 23 065 € | 1 | 3329 € |
| Q1 2026 | 19 561 € | 1 | 969 € |
| Q4 2025 | 13 500 € | — | 0 € |
| Q3 2025 | 13 500 € | — | 581 € |
| Q2 2025 | 13 500 € | 1 | 1714 € |
| Q1 2025 | 13 500 € | 1 | 1463 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 14 964 | 21 298 | 20 216 | 30 608 | 28 078 | 28 772 | 25 230 |
| Total non-current assets | 6826 | 5320 | 7700 | 4050 | 2077 | 564 | 0 |
| Total assets | 21 790 | 26 618 | 27 916 | 34 658 | 30 155 | 29 336 | 25 230 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 8596 | 13 351 | 10 206 | 13 382 | 8609 | 10 256 | 4924 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 8596 | 13 351 | 10 206 | 13 382 | 8609 | 10 256 | 4924 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 11 426 | 13 194 | 13 267 | 17 709 | 18 776 | 19 047 | 16 579 |
| Profit for the year | 1768 | 73 | 4443 | 1067 | 270 | −2467 | 1227 |
| Reserves and other equity | −2500 | −2500 | −2500 | — | — | — | — |
| Total equity | 13 194 | 13 267 | 17 710 | 21 276 | 21 546 | 19 080 | 20 306 |
| Income statement | |||||||
| Sales revenue | 62 383 | 96 360 | 106 157 | 106 669 | 95 571 | 63 495 | 54 000 |
| Operating profit | 1768 | 73 | 4443 | 1067 | 269 | −2470 | 1225 |
| EBITDA | 2995 | 1579 | 6932 | 4717 | 2826 | −957 | 1789 |
| Profit before income tax | 1768 | 73 | 4443 | 1067 | 270 | −2467 | 1227 |
| Profit for the reporting year | 1768 | 73 | 4443 | 1067 | 270 | −2467 | 1227 |
| Labour costs | 27 258 | 58 628 | 47 329 | 52 424 | 45 046 | 10 102 | 6627 |
| Depreciation of non-current assets | 1227 | 1506 | 2489 | 3650 | 2557 | 1513 | 564 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 2 | 1 | 0 | 0 |
| Calculated dividend | — | 0 | 0 | 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 note4 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Summary: Nordic Engineering Group OÜ
Overview
Nordic Engineering Group OÜ (registry code 14024493) 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 renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE101867003).
Financial results
Revenue in financial year 2025 was 54 000 €, down 15,0% on the previous year (63 495 €). From 2019 to 2025, revenue declined by an average of 2,4% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1227 € (2,3% of revenue). The company was profitable in 6 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 25 230 € and equity 20 306 € (80,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 22 466 €, up 66,4% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3546 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2230 € per month.
Management and owners
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
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 29.06.2026. 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.