Nordzero OÜ

Registered
14464140Private limited company (OÜ)Founded 2018
Qualified audit opinion. 2025 report: Qualified.

Key figures

648 886 €−61,4%
Revenue 2025
+7,8%
Average annual growth 2019–2025
02 m4 m6 m2019202020212022202320242025

Ratios

2025

Summary: Nordzero OÜ

What kind of company is it?

Nordzero OÜ (registry code 14464140) 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: Järveküla, Rae vald, Harju maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE102060757).

How is the company doing financially?

Revenue in financial year 2025 was 648 886 €, down 61,4% on the previous year (1 682 266 €). From 2019 to 2025, revenue grew by an average of 7,8% per year. Financial year 2025 ended with a loss of 540 707 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (7 a year earlier). Revenue per employee was 324 443 €. At the end of financial year 2025, total assets were 5 776 000 € and equity 5 700 216 € (98,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 127 983 €, down 4,3% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 5297 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1210 € per month.

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 09.10.2026. 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 2026127 983 €35297 €
Q2 2026288 731 €34389 €
Q1 2026217 577 €35960 €
Q4 2025264 115 €22944 €
Q3 2025133 757 €28463 €
Q2 2025177 829 €312 099 €
Q1 20251 115 896 €332 949 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20242633 €
20230 €
2022646 161 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 858 4012 361 6185 003 3641 682 266648 886
Net profit690 733903 9783 595 6921 057 196−540 707
Retained earnings625 938670 2601 587 9185 180 9776 238 173
Total assets1 540 7532 255 9465 753 3016 491 9215 776 000
Total liabilities221 582678 958566 941250 99875 784
Total equity1 319 1711 576 9885 186 3606 240 9235 700 216
Employees591272
Average gross salary (monthly)22683091272623722690
Calculated dividend0646 161026330

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 obligations2 notes6 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: 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Qualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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50%50%Nordzero OÜ6Alar Huul5Ardo Huul
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 12 825 € (2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (12 825 €).

Show all aid records (1)
202412 825 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusKoolitus VTA12 825 €24.04.2024

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
  • 09.11.2026*Annual report 2025 filed

Entered in the register on 05.04.2018.

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

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

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