Nicanor Technologies OÜ
RegisteredKey figures
Ratios
2025Summary: Nicanor Technologies OÜ
What kind of company is it?
Nicanor Technologies OÜ (registry code 14400097) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 8 years. Registered location: Elva linn, Elva vald, Tartu maakond. According to the latest annual report, the main activity is retail sale of sporting equipment (EMTAK 47631). The company is registered for VAT (VAT number EE102077070).
How is the company doing financially?
Revenue in financial year 2025 was 182 962 €, up 13,4% on the previous year (161 391 €). From 2019 to 2025, revenue grew by an average of 29,4% per year. This is the company's highest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 6677 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 91 481 €. At the end of financial year 2025, total assets were 79 267 € and equity 12 503 € (15,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 45 415 €, down 36,6% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4012 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1350 € 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 18.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 45 415 € | 2 | 4012 € |
| Q2 2026 | 53 655 € | 2 | 3120 € |
| Q1 2026 | 52 856 € | 2 | 5141 € |
| Q4 2025 | 44 046 € | 2 | 6631 € |
| Q3 2025 | 71 641 € | 2 | 6579 € |
| Q2 2025 | 54 299 € | 2 | 6777 € |
| Q1 2025 | 45 105 € | 2 | 7014 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 93 359 | 63 277 | 120 634 | 161 391 | 182 962 |
| Net profit | 69 528 | −28 900 | 31 802 | −43 431 | −6677 |
| Retained earnings | 22 767 | 92 295 | 45 675 | 59 611 | 16 180 |
| Total assets | 123 945 | 68 988 | 164 243 | 91 784 | 79 267 |
| Total liabilities | 28 650 | 2593 | 83 766 | 72 604 | 66 764 |
| Total equity | 95 295 | 66 395 | 80 477 | 19 180 | 12 503 |
| Employees | 1 | 1 | 1 | 2 | 2 |
| Average gross salary (monthly) | 2115 | 1983 | 2777 | 2069 | 2013 |
| Calculated dividend | 0 | 0 | 17 720 | 17 866 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 11 312 € (2021–2024). Largest grantors: Eesti Töötukassa (11 312 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3113 € | 09.05.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 4696 € | 04.01.2024 |
| Eesti Töötukassa | Palgatoetus VTA | 3504 € | 19.01.2021 |
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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