Nordcrewing Group OÜ

Registered
14601200Private limited company (OÜ)Founded 2018
Tax debt 6961 € as of 10.11.2026 (incl. 6961 € in a payment schedule).Source: Tax and Customs Board

Key figures

1 275 453 €−15,3%
Revenue 2025
+35,8%
Average annual growth 2018/19–2025
01 m2 m3 m2018/19202020212022202320242025

Ratios

2025

Summary: Nordcrewing Group OÜ

What kind of company is it?

Nordcrewing Group OÜ (registry code 14601200) 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: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is employee leasing (EMTAK 78201). The company is registered for VAT (VAT number EE102112980).

How is the company doing financially?

Revenue in financial year 2025 was 1 275 453 €, down 15,3% on the previous year (1 505 629 €). From 2018/19 to 2025, revenue grew by an average of 35,8% per year. Net profit for financial year 2025 was 103 876 € (8,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 20 employees (23 a year earlier). Revenue per employee was 63 773 €. At the end of financial year 2025, total assets were 251 275 € and equity 138 474 € (55,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 2660 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 296 759 €, up 7,3% on the same quarter a year earlier. The company had 24 employees in that quarter.

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 24.07.2026. 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 2026296 759 €240 €
Q2 2026291 476 €2441 887 €
Q1 2026279 092 €2333 067 €
Q4 2025291 768 €2319 188 €
Q3 2025276 483 €2256 361 €
Q2 2025370 422 €2044 095 €
Q1 2025333 994 €2285 401 €

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 117 700 € (79% of distributable profit).

History
2025117 700 €
2024166 500 €
2023116 000 €
202278 000 €
202128 900 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 626 7232 286 9811 683 5871 505 6291 275 453
Net profit18 023169 760453980 417103 876
Retained earnings237 559177 582231 34269 38132 098
Total assets301 385352 324259 427237 886251 275
Total liabilities43 303248221 04685 588112 801
Total equity258 082349 842238 381152 298138 474
Employees2020202320
Average gross salary (monthly)30024287284326632656
Calculated dividend28 90078 000116 000166 500117 700

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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
6961 €
as of 10.11.2026 (incl. 6961 € in a payment schedule)
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: 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.

Connections graph

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50%50%Nordcrewing Group OÜ3Gert Liesment1Martti Muttik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 3414 € (2019–2022). Largest grantors: Transpordiamet (2314 €), Ettevõtluse ja Innovatsiooni Sihtasutus (1100 €).

Show all aid records (4)
20222314 €
20191100 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusNõustamine VTA1100 €30.07.2019

The total also includes 3 tax reductions worth 2314 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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