DecNord Group OÜRegistered

16583995Private limited company (OÜ)Founded 2022

Key figures

517 043 €+225,4%
Revenue 2025
+124,7%
Average annual growth 2022/23–2025
0200 k400 k600 k2022/2320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 k400 k2022/2320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026116 589 €712 763 €
Q2 2026216 307 €714 678 €
Q1 2026162 789 €812 262 €
Q4 2025215 942 €79430 €
Q3 2025133 809 €512 259 €
Q2 202589 816 €59502 €
Q1 2025100 315 €67633 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2023–2025
2022/2320242025
Balance sheet — assets
Total current assets24 37621 57384 908
Total non-current assets17 72922 30934 193
Total assets42 10543 882119 101
Balance sheet — liabilities and equity
Current liabilities157 118253 816304 313
Non-current liabilities———
Total liabilities157 118253 816304 313
Share capital250025002500
Retained earnings of previous periods—−117 513−212 434
Profit for the year−117 513−94 92124 722
Total equity−115 013−209 934−185 212
Income statement
Sales revenue102 450158 906517 043
Operating profit−107 089−76 47849 746
EBITDA−104 279−72 74056 723
Profit before income tax−117 513−94 92124 722
Profit for the reporting year−117 513−94 92124 722
Labour costs27 89155 919111 372
Depreciation of non-current assets281037386977
Other indicators
Employees346
Calculated dividend—00

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
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)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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50%50%DecNord Group OÜ7Rivo Toomsalu3Tõnis ErissaarFinestly OÜ
CompanyPersonShareholderOther roleAdditional link
Annual reportsPDF, XBRL

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

Summary: DecNord Group OÜ

Overview

DecNord Group OÜ (registry code 16583995) is a private limited company (OÜ). The company was entered in the Commercial Register in 2022 and has been registered for 4 years. Registered location: Kiili alev, Kiili vald, Harju maakond. According to the latest annual report, the main activity is muude puitplaatide tootmine (EMTAK 16219). The company is registered for VAT (VAT number EE102540293).

Financial results

Revenue in financial year 2025 was 517 043 €, up 225% on the previous year (158 906 €). From 2022/23 to 2025, revenue grew by an average of 125% per year. Net profit for financial year 2025 was 24 722 € (4,8% of revenue). The company was profitable in 1 of the 3 published financial years. In financial year 2025 the company had 6 employees (4 a year earlier). Revenue per employee was 86 174 €.

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 116 589 €, down 12,9% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 12 763 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1250 € per month.

Management and owners

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.

Points to note

Equity was negative at the end of financial year 2025 (−185 212 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.

Data sources and freshness

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 26.06.2026. 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.

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