Novok Ehitus OÜ

Registered
16076904Private limited company (OÜ)Founded 2020
Tax debt 51 039 € as of 10.11.2026.Source: Tax and Customs Board

Key figures

380 982 €+62,2%
Revenue 2025
+51,2%
Average annual growth 2020/21–2025
0100 k200 k300 k400 k2020/212022202320242025

Ratios

2025

Summary: Novok Ehitus OÜ

What kind of company is it?

Novok Ehitus OÜ (registry code 16076904) 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: Kehtna alevik, Kehtna vald, Rapla maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001).

How is the company doing financially?

Revenue in financial year 2025 was 380 982 €, up 62,2% on the previous year (234 871 €). From 2020/21 to 2025, revenue grew by an average of 51,2% per year. This is the company's highest revenue among the published years (2020/21–2025). Financial year 2025 ended with a loss of 2560 €. The company was profitable in 2 of the 5 published financial years. In financial year 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 95 246 €. At the end of financial year 2025, total assets were 118 672 € and equity 51 114 € (43,1% of assets). Based on labour costs in the report, the estimated average gross salary was about 1010 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q1 2026 was −1365 €, down 102% on the same quarter a year earlier. Labour taxes paid in the quarter: 2012 €.

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.

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 06.03.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 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
Q1 2026−1365 €—2012 €
Q4 202572 570 €—2748 €
Q3 2025123 815 €81209 €
Q2 2025138 489 €65625 €
Q1 202559 451 €71860 €

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
dividend other equity decrease
20250 €
20240 €+12 700 € other
20230 €
20220 €
Summary of financial statements2021–2025
2020/212022202320242025
Sales revenue72 92912 9270234 871380 982
Net profit−3106−952993562 874−2560
Retained earnings—−3106−12 635−11 70051 174
Total assets12 79315 44815 01670 438118 672
Total liabilities13 39912 88311 51616 76467 558
Total equity−6062565350053 67451 114
Employees22024
Average gross salary (monthly)1308695—8911007
Calculated dividend—0000

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 issue6 clear
Register status
Registered
Business Register
Tax debt
51 039 €
as of 10.11.2026
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
All on time
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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100%Novok Ehitus OÜ1Argo Tamme
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

4 records

State aid and de minimis aid in total 11 559 € (2021–2025). Largest grantors: Eesti Töötukassa (11 559 €).

Show all aid records (4)
20251050 €
202110 509 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1050 €06.02.2025
Eesti TöötukassaPalgatoetus VTA3029 €12.10.2021
Eesti TöötukassaPalgatoetus VTA5838 €31.03.2021
Eesti TöötukassaPalgatoetus VTA1642 €16.03.2021

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

Loading list of reports…

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

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