Nordic Validation Company OÜ

Registered
14210623Private limited company (OÜ)Founded 2017

Key figures

47 890 €+21,8%
Revenue 2025
+16,6%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Nordic Validation Company OÜ

What kind of company is it?

Nordic Validation Company OÜ (registry code 14210623) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kose alevik, Kose vald, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201).

How is the company doing financially?

Revenue in financial year 2025 was 47 890 €, up 21,8% on the previous year (39 310 €). From 2019 to 2025, revenue grew by an average of 16,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 43 176 € (90,2% of revenue). The company was profitable in all 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 12 052 € and equity 11 488 € (95,3% of assets).

Who runs the company and who owns it?

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.

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 29.09.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 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
Q2 2026——0 €
Q1 2026——0 €
Q4 2025——0 €
Q3 2025——0 €
Q2 2025——0 €
Q1 2025——0 €

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 52 564 €.

Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.

History
2025 ~52 564 €
2024 ~32 245 €
2023 ~20 348 €
2022 ~20 259 €
2021 ~24 701 €
2020 ~13 397 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue33 02022 29527 99039 31047 890
Net profit26 11816 49125 30236 30043 176
Retained earnings−12 983−7124−10 981−17 924−34 188
Total assets18 13511 87317 57322 12612 052
Total liabilities250067521250564
Total equity15 63511 86716 82120 87611 488
Employees00000
Calculated dividend24 70120 25920 34832 24552 564

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.

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State aid and grants

1 record

State aid and de minimis aid in total 150 € (2017). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (150 €).

Show all aid records (1)
2017150 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu VTA150 €22.05.2017

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 23.02.2017.

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
YearFiles
2025PDFXBRL
2024PDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

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

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