Norand Kaubandus OÜ

Registered
14232636Private limited company (OÜ)Founded 2017

Key figures

276 935 €−5,6%
Revenue 2025
+6,4%
Average annual growth 2019–2025
0100 k200 k300 k400 k2019202020212022202320242025

Ratios

2025

Summary: Norand Kaubandus OÜ

What kind of company is it?

Norand Kaubandus OÜ (registry code 14232636) 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: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is non-specialised retail sale mainly of food, beverages or tobacco (EMTAK 47111). The company is registered for VAT (VAT number EE101963253).

How is the company doing financially?

Revenue in financial year 2025 was 276 935 €, down 5,6% on the previous year (293 446 €). From 2019 to 2025, revenue grew by an average of 6,4% per year. Net profit for financial year 2025 was 1076 € (0,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (3 a year earlier). Revenue per employee was 138 468 €. At the end of financial year 2025, total assets were 42 408 € and equity 16 127 € (38,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 70 639 €, up 1,0% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 2810 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 740 € 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 30.03.2026. 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 202670 639 €32810 €
Q2 202672 100 €32676 €
Q1 202664 956 €32072 €
Q4 202570 168 €21487 €
Q3 202569 940 €11471 €
Q2 202567 090 €11390 €
Q1 202566 825 €11994 €

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 revenue209 533268 474310 066293 446276 935
Net profit1894258168824821076
Retained earnings39344123838110 06912 551
Total assets25 26833 61033 47341 61542 408
Total liabilities18 64522 72920 90426 56426 281
Total equity662310 88112 56915 05116 127
Employees33332
Average gross salary (monthly)441526—542653
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 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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
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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100%Norand Kaubandus OÜ1Olga Novikova
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 8187 € (2019–2026). Largest grantors: Eesti Töötukassa (8187 €).

Show all aid records (4)
20262630 €
2025720 €
20211619 €
20193218 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA2630 €12.01.2026
Eesti TöötukassaPalgatoetus VTA720 €05.11.2025
Eesti TöötukassaPalgatoetus VTA1619 €15.07.2021
Eesti TöötukassaPalgatoetus VTA3218 €01.10.2019

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 ↗

Annual reportsPDF, XBRL

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

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