New Composite Technologies OÜ
RegisteredKey figures
Ratios
2025Summary: New Composite Technologies OÜ
What kind of company is it?
New Composite Technologies OÜ (registry code 16062760) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Narva linn, Ida-Viru maakond. According to the latest annual report, the main activity is manufacture of plastic plates, sheets, tubes and profiles (EMTAK 22211). The company is registered for VAT (VAT number EE102345207).
How is the company doing financially?
Revenue in financial year 2025 was 184 418 €, down 53,7% on the previous year (397 947 €). From 2020 to 2025, revenue grew by an average of 106% per year. Financial year 2025 ended with a loss of 93 095 €. The company was profitable in 2 of the 6 published financial years. In financial year 2025 the company had 5 employees (6 a year earlier). Revenue per employee was 36 884 €.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 25 190 €, down 35,2% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 856 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 700 € 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.
What should you look out for?
Equity was negative at the end of financial year 2025 (−709 286 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 17.06.2026. 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 | 25 190 € | 1 | 856 € |
| Q2 2026 | 48 500 € | 1 | 856 € |
| Q1 2026 | 335 € | 1 | 8118 € |
| Q4 2025 | 49 610 € | 5 | 11 532 € |
| Q3 2025 | 38 861 € | 6 | 11 925 € |
| Q2 2025 | 58 997 € | 6 | 11 268 € |
| Q1 2025 | 37 232 € | 6 | 11 483 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 10 391 | 26 940 | 185 872 | 397 947 | 184 418 |
| Net profit | −2806 | 143 | −471 589 | −147 389 | −93 095 |
| Retained earnings | 2951 | 145 | 288 | −471 302 | −618 691 |
| Total assets | 2645 | 28 660 | 102 164 | 91 807 | 130 035 |
| Total liabilities | 0 | 25 872 | 570 965 | 707 998 | 839 321 |
| Total equity | 2645 | 2788 | −468 801 | −616 191 | −709 286 |
| Employees | 0 | 12 | 7 | 6 | 5 |
| Average gross salary (monthly) | — | — | 1259 | 1792 | 1443 |
| Calculated dividend | — | 0 | 0 | 0 | 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
1 recordState aid and de minimis aid in total 10 000 € (2023). Largest grantors: Eesti Töötukassa (10 000 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Koolitus VTA | 10 000 € | 11.05.2023 |
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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