Nicholaisen Baltic OÜ
RegisteredKey figures
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2025Summary: Nicholaisen Baltic OÜ
What kind of company is it?
Nicholaisen Baltic OÜ (registry code 16229868) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is agents involved in the sale of machinery, industrial equipment, ships and aircraft (EMTAK 46141). The company is registered for VAT (VAT number EE102373444).
How is the company doing financially?
Revenue in financial year 2025 was 1 453 231 €, down 27,1% on the previous year (1 994 705 €). From 2021 to 2025, revenue grew by an average of 107% per year. Financial year 2025 ended with a loss of 73 059 €. The company was profitable in 1 of the 5 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 1 453 231 €. At the end of financial year 2025, total assets were 302 734 € and equity 44 245 € (14,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 22 406 €, down 57,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 9695 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2970 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 2 owners. The largest stake (90%) is held by Nicholaisen A/S.
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 19.06.2026. 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 | 22 406 € | 2 | 9695 € |
| Q2 2026 | 73 393 € | 2 | 5027 € |
| Q1 2026 | 9457 € | 1 | 0 € |
| Q4 2025 | 161 748 € | — | 5722 € |
| Q3 2025 | 52 444 € | 1 | 5949 € |
| Q2 2025 | 1 633 335 € | 1 | — |
| Q1 2025 | −830 € | — | — |
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 | 78 450 | 1 071 773 | 2 326 114 | 1 994 705 | 1 453 231 |
| Net profit | −106 334 | −60 128 | 148 732 | −92 623 | −73 059 |
| Retained earnings | — | −106 334 | −166 462 | −17 731 | −110 353 |
| Total assets | 375 437 | 1 480 751 | 2 217 419 | 929 093 | 302 734 |
| Total liabilities | 479 271 | 1 644 713 | 2 232 649 | 1 036 947 | 258 489 |
| Total equity | −103 834 | −163 962 | −15 230 | −107 854 | 44 245 |
| Employees | 0 | 0 | 0 | 0 | 1 |
| Average gross salary (monthly) | — | — | — | — | 727 |
| Calculated dividend | — | 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. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligations1 note1 for information6 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 1060 € (2025–2026). Largest grantors: Riigi Tugiteenuste Keskus (1060 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 260 € | 13.08.2026 |
| Riigi Tugiteenuste Keskus | Muu | 800 € | 18.09.2025 |
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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