Northwind Engineering OÜ
RegisteredKey figures
Ratios
2024Summary: Northwind Engineering OÜ
What kind of company is it?
Northwind Engineering OÜ (registry code 14241013) 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: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is engineering activities and related technical consulting (EMTAK 7112). The company is registered for VAT (VAT number EE101993113).
How is the company doing financially?
Revenue in financial year 2024 was 168 148 €, up 80,7% on the previous year (93 032 €). From 2019 to 2024, revenue grew by an average of 31,5% per year. This is the company's highest revenue among the published years (2019–2024). Net profit for financial year 2024 was 94 709 € (56,3% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 2 employees (1 a year earlier). Revenue per employee was 84 074 €. At the end of financial year 2024, total assets were 281 859 € and equity 162 336 € (57,6% of assets). Based on labour costs in the report, the estimated average gross salary was about 1880 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (97%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 30.06.2025. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | 0 € |
| Q2 2026 | 0 € | — | 666 € |
| Q1 2026 | 0 € | — | 2272 € |
| Q4 2025 | 22 339 € | 1 | 2820 € |
| Q3 2025 | 13 256 € | 1 | 6818 € |
| Q2 2025 | 63 949 € | 2 | 6320 € |
| Q1 2025 | 12 392 € | 2 | 8704 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 33 903 € (35% of distributable profit).
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 43 721 | 46 640 | 92 361 | 93 032 | 168 148 |
| Net profit | 16 308 | 18 675 | 65 097 | 53 019 | 94 709 |
| Retained earnings | 29 670 | 36 978 | 25 653 | 42 511 | 61 627 |
| Total assets | 78 079 | 98 416 | 147 889 | 171 983 | 281 859 |
| Total liabilities | 26 101 | 36 763 | 51 139 | 70 453 | 119 523 |
| Total equity | 51 978 | 61 653 | 96 750 | 101 530 | 162 336 |
| Employees | 1 | 1 | 1 | 1 | 2 |
| Average gross salary (monthly) | 1473 | 1473 | 1473 | 1923 | 1878 |
| Calculated dividend | 0 | 9000 | 30 000 | 48 239 | 33 903 |
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 issue6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
5 recordsState aid and de minimis aid in total 1039 € (2017–2018). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (644 €), Riigi Tugiteenuste Keskus (395 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 395 € | 19.04.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 263 € | 29.04.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 150 € | 21.04.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 98 € | 14.04.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 133 € | 07.04.2017 |
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 ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.