Nord Solar Home OÜ

Registered
16294541Private limited company (OÜ)Founded 2021

Key figures

184 445 €
Revenue 2025
+48,2%
Average annual growth 2021/22–2025
050 k100 k150 k200 k2021/22202320242025

Ratios

2025

Summary: Nord Solar Home OÜ

What kind of company is it?

Nord Solar Home OÜ (registry code 16294541) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of utility projects for electricity and telecommunications (EMTAK 42221). The company is registered for VAT (VAT number EE102816354).

How is the company doing financially?

Revenue in financial year 2025 was 184 445 €. From 2021/22 to 2025, revenue grew by an average of 48,2% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 1986 € (1,1% of revenue). The company was profitable in 2 of the 4 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 92 223 €. At the end of financial year 2025, total assets were 50 750 € and equity 10 686 € (21,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 37 867 €, down 34,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 7435 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4440 € per month.

Who runs the company and who owns it?

The management board has 2 members. The sole owner of the company is Nord Capital Holding OÜ.

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 16.02.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202637 867 €17435 €
Q2 20268915 €17435 €
Q1 202671 890 €17426 €
Q4 202575 003 €15216 €
Q3 202557 455 €10 €
Q2 202553 491 €—0 €
Q1 202510 630 €—0 €

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
20250 €
202420 670 €
Summary of financial statements2022–2025
2021/22202320242025
Sales revenue56 63738 1400184 445
Net profit46 073−25 40301986
Retained earnings—46 07300
Total assets47 17320 670050 750
Total liabilities11000040 064
Total equity46 07320 670010 686
Employees1112
Average gross salary (monthly)500——746
Calculated dividend——20 6700

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
Register status
Registered
Business Register
Tax debt
None
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
Filed late: 2024
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.

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100%Nord Solar Home OÜNord Capital Holding …6Andrus Armulik7Vahur Salu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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