NordicLED OÜ
RegisteredKey figures
Ratios
2025Summary: NordicLED OÜ
What kind of company is it?
NordicLED OÜ (registry code 14743199) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is media representation (selling advertising space) (EMTAK 73121). The company is registered for VAT (VAT number EE102166583).
How is the company doing financially?
Revenue in financial year 2025 was 154 833 €, down 26,2% on the previous year (209 805 €). From 2019 to 2025, revenue grew by an average of 148% per year. Net profit for financial year 2025 was 116 816 € (75,4% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 154 833 €. At the end of financial year 2025, total assets were 876 319 € and equity 419 210 € (47,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 10 890 €, down 70,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2592 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 950 € 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 01.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (9845005F0E5A95BE0496) comes from the GLEIF database. 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 | 10 890 € | 2 | 2592 € |
| Q2 2026 | 8212 € | 2 | 2592 € |
| Q1 2026 | 42 584 € | 2 | 2613 € |
| Q4 2025 | 31 024 € | 2 | 2653 € |
| Q3 2025 | 36 901 € | 2 | 2653 € |
| Q2 2025 | 42 572 € | 2 | 3167 € |
| Q1 2025 | 38 467 € | 2 | 3382 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 48 000 € (14% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 459 382 | 354 647 | 322 581 | 209 805 | 154 833 |
| Net profit | 301 868 | 1085 | 49 497 | 49 346 | 116 816 |
| Retained earnings | 27 058 | 304 926 | 272 735 | 298 548 | 299 894 |
| Total assets | 505 856 | 404 511 | 660 344 | 634 243 | 876 319 |
| Total liabilities | 174 430 | 96 000 | 335 612 | 283 849 | 457 109 |
| Total equity | 331 426 | 308 511 | 324 732 | 350 394 | 419 210 |
| Employees | 2 | 4 | 2 | 1 | 1 |
| Average gross salary (monthly) | 795 | 917 | 1766 | 2160 | 2153 |
| Calculated dividend | 0 | 24 000 | 33 276 | 23 684 | 48 000 |
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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 6047 € (2020). Largest grantors: Eesti Töötukassa (6047 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 6047 € | 22.10.2020 |
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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