Nordicmed OÜRegistered
Key figures
Ratios
2025/26Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 113 176 € | 2 | 5664 € |
| Q2 2026 | 169 687 € | 1 | 6357 € |
| Q1 2026 | 239 510 € | 1 | 7368 € |
| Q4 2025 | 174 560 € | 1 | 5335 € |
| Q3 2025 | 205 994 € | 1 | 7661 € |
| Q2 2025 | 103 630 € | 1 | 5788 € |
| Q1 2025 | 236 254 € | 1 | 7231 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 3751 € (44% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019/20 | 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | 2025/26 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 65 049 | 85 533 | 105 675 | 86 716 | 99 796 | 112 009 | 132 957 |
| Total non-current assets | — | 3170 | 2596 | 2022 | 2015 | 3990 | 3443 |
| Total assets | 65 049 | 88 703 | 108 271 | 88 738 | 101 811 | 115 999 | 136 400 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 49 325 | 23 415 | 61 414 | 26 591 | 78 170 | 78 170 | 63 690 |
| Non-current liabilities | — | — | — | — | 10 949 | 4309 | 0 |
| Total liabilities | 49 325 | 23 415 | 61 414 | 26 591 | 89 119 | 82 479 | 63 690 |
| Share capital | 25 000 | 25 000 | 25 000 | 25 000 | 25 000 | 25 000 | 25 000 |
| Retained earnings of previous periods | — | −9276 | 17 788 | 811 | 20 631 | −12 308 | 4769 |
| Profit for the year | −9276 | 49 564 | 4069 | 36 336 | −32 939 | 20 828 | 42 941 |
| Total equity | 15 724 | 65 288 | 46 857 | 62 147 | 12 692 | 33 520 | 72 710 |
| Income statement | |||||||
| Sales revenue | 152 518 | 301 152 | 252 803 | 347 410 | 331 511 | 365 300 | 477 614 |
| Operating profit | −9299 | 50 699 | 10 071 | 41 261 | −27 526 | 24 744 | 46 932 |
| EBITDA | — | 51 004 | 10 646 | 41 835 | −26 952 | 25 278 | 47 480 |
| Profit before income tax | −9276 | 49 564 | 9694 | 40 943 | −30 076 | 20 828 | 44 003 |
| Profit for the reporting year | −9276 | 49 564 | 4069 | 36 336 | −32 939 | 20 828 | 42 941 |
| Labour costs | 37 556 | 36 567 | 37 092 | 39 966 | 75 228 | 60 837 | 61 701 |
| Depreciation of non-current assets | — | 305 | 575 | 574 | 574 | 534 | 548 |
| Other indicators | |||||||
| Employees | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Calculated dividend | — | 0 | 22 500 | 21 046 | 16 516 | 0 | 3751 |
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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Public procurement
11 contractsPublic contracts won worth 1 365 129 € from 8 contracting authorities (29.12.2023–16.06.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Meditsiiniseadmete hooldus ja remont 3 · Meditsiiniseadmed 9 | sihtasutus Põhja-Eesti Regionaalhaigla | 40 000 € | 16.06.2026 |
| EKG koormustesti ostmine | sihtasutus Tartu Ülikooli Kliinikum | 29 970 € | 06.11.2025 |
| EKG-holterseadmete ostmine | Aktsiaselts Lääne-Tallinna Keskhaigla | 59 900 € | 05.11.2025 |
| Koormustesti liikuvraja ostmine | aktsiaselts "Põlva Haigla" | 17 874 € | 06.06.2025 |
| Koormustesti seadmed 2 | sihtasutus Põhja-Eesti Regionaalhaigla | 1 000 000 € | 30.12.2024 |
| EKG seadmed koos seadmekärude ja vaakumsüsteemidega | Sihtasutus Ida-Viru Keskhaigla | 44 080 € | 10.12.2024 |
| Elektrokardiograafide ostmine | Sihtasutus Pärnu Haigla | 20 910 € | 29.11.2024 |
| EKG seadmete ostmine | sihtasutus Tartu Ülikooli Kliinikum | 120 000 € | 14.11.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Nordicmed OÜ
Overview
Nordicmed OÜ (registry code 14675552) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is wholesale of medical equipment, surgical instruments and orthopaedic aids (EMTAK 46462). The company is registered for VAT (VAT number EE102142002).
Financial results
Revenue in financial year 2025/26 was 477 614 €, up 30,7% on the previous year (365 300 €). From 2019/20 to 2025/26, revenue grew by an average of 21,0% per year. This is the company's highest revenue among the published years (2019/20–2025/26). Net profit for financial year 2025/26 was 42 941 € (9,0% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025/26 the company had 3 employees. Revenue per employee was 159 205 €. At the end of financial year 2025/26, total assets were 136 400 € and equity 72 710 € (53,3% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 113 176 €, down 45,1% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 5664 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1820 € per month.
Management and owners
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (56,5%) is held by a private individual.
Data sources and freshness
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 2025/26) was filed on 10.06.2026. 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.