Noram Baltic OÜ
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2025Summary: Noram Baltic OÜ
What kind of company is it?
Noram Baltic OÜ (registry code 16285542) 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: Liivamäe küla, Jõelähtme vald, Harju maakond. According to the latest annual report, the main activity is installation of industrial machinery and equipment (EMTAK 33201). The company is registered for VAT (VAT number EE102398759).
How is the company doing financially?
Revenue in financial year 2025 was 193 278 €, up 8,8% on the previous year (177 620 €). From 2021/22 to 2025, revenue grew by an average of 8,9% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 36 988 € (19,1% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 193 278 €. At the end of financial year 2025, total assets were 151 692 € and equity 115 277 € (76,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 2050 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 24 840 €, up 6,2% on the same quarter a year earlier. Labour taxes paid in the quarter: 1503 €.
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 25.05.2026. 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 | 24 840 € | — | 1503 € |
| Q2 2026 | 27 640 € | — | 1503 € |
| Q1 2026 | 24 540 € | — | 5919 € |
| Q4 2025 | 32 720 € | — | 6421 € |
| Q3 2025 | 23 387 € | — | 1503 € |
| Q2 2025 | 0 € | — | 1503 € |
| Q1 2025 | 25 258 € | — | 4034 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 48 821 € (39% of distributable profit).
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 149 663 | 144 713 | 177 620 | 193 278 |
| Net profit | 74 062 | 18 547 | 52 001 | 36 988 |
| Retained earnings | — | 74 062 | 72 609 | 75 789 |
| Total assets | 77 440 | 100 019 | 144 495 | 151 692 |
| Total liabilities | 3378 | 7410 | 17 385 | 36 415 |
| Total equity | 74 062 | 92 609 | 127 110 | 115 277 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 738 | 5057 | 4041 | 2050 |
| Calculated dividend | — | — | 17 500 | 48 821 |
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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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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