Nordic Millow OÜ

Registered
16650846Private limited company (OÜ)Founded 2023
Tax debt 1978 € as of 10.11.2026 (incl. 1978 € in a payment schedule).Source: Tax and Customs Board

Key figures

63 069 €+194,9%
Revenue 2025
+157,6%
Average annual growth 2023–2025
020 k40 k60 k80 k202320242025

Ratios

2025

Summary: Nordic Millow OÜ

What kind of company is it?

Nordic Millow OÜ (registry code 16650846) is a private limited company (OÜ). The company was entered in the Commercial Register in 2023 and has been registered for 3 years. Registered location: Pärnu linn, Pärnu 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 EE102574382).

How is the company doing financially?

Revenue in financial year 2025 was 63 069 €, up 195% on the previous year (21 388 €). From 2023 to 2025, revenue grew by an average of 158% per year. Net profit for financial year 2025 was 18 040 € (28,6% of revenue). The company was profitable in 1 of the 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 63 069 €. At the end of financial year 2025, total assets were 16 133 € and equity 2689 € (16,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 8000 €, down 28,6% on the same quarter a year earlier. The company had 1 employees in that quarter.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (51,1%) is held by 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 30.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20268000 €10 €
Q2 202619 975 €10 €
Q1 202613 781 €10 €
Q4 202523 400 €10 €
Q3 202511 200 €10 €
Q2 202516 728 €11282 €
Q1 20252088 €2106 €

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
202320242025
Sales revenue950121 38863 069
Net profit−6252−12 27918 040
Retained earnings—−6252−18 532
Total assets160939716 133
Total liabilities786116 37413 444
Total equity−6252−15 9772689
Employees011
Average gross salary (monthly)—527—
Calculated dividend——0

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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
1978 €
as of 10.11.2026 (incl. 1978 € in a payment schedule)
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: 2023
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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51,08%48,92%Nordic Millow OÜ1Marco MägiKarmel Mägi
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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