Nordic Road OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 879 663 € | 7 | 25 679 € |
| Q2 2026 | 801 810 € | 6 | 17 134 € |
| Q1 2026 | 194 232 € | 4 | 15 695 € |
| Q4 2025 | 855 656 € | 4 | 18 695 € |
| Q3 2025 | 747 397 € | 4 | 16 173 € |
| Q2 2025 | 543 223 € | 4 | 11 784 € |
| Q1 2025 | 164 967 € | 3 | 11 653 € |
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
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Balance sheet — assets | |||
| Total current assets | 192 772 | 333 009 | 552 338 |
| Total non-current assets | — | 61 145 | 124 574 |
| Total assets | 192 772 | 394 154 | 676 912 |
| Balance sheet — liabilities and equity | |||
| Current liabilities | 76 290 | 219 136 | 315 947 |
| Non-current liabilities | — | 19 460 | 24 242 |
| Total liabilities | 76 290 | 238 596 | 340 189 |
| Share capital | 0 | 1000 | 1000 |
| Retained earnings of previous periods | — | 116 482 | 154 558 |
| Profit for the year | 116 482 | 38 076 | 181 165 |
| Total equity | 116 482 | 155 558 | 336 723 |
| Income statement | |||
| Sales revenue | 1 110 787 | 3 119 723 | 2 326 127 |
| Operating profit | 116 286 | 38 621 | 178 755 |
| EBITDA | — | 47 554 | 194 607 |
| Profit before income tax | 116 482 | 38 076 | 181 165 |
| Profit for the reporting year | 116 482 | 38 076 | 181 165 |
| Labour costs | 11 095 | 100 298 | 152 172 |
| Depreciation of non-current assets | — | 8933 | 15 852 |
| Other indicators | |||
| Employees | 0 | 3 | 4 |
| 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.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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Public procurement
7 contractsPublic contracts won worth 2 414 975 € from 7 contracting authorities (07.05.2024–13.07.2026).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Karlova kooli spordiväljaku ehitustööd | Tartu Linnavalitsus | 380 728 € | 13.07.2026 |
| Märjamaa Lasteaed Pillerpall parkla rekonstrueerimine | Märjamaa Vallavalitsus | 146 713 € | 08.07.2026 |
| Siseõue katmine betoonkiviga | Parksepa Keskkool | 40 622 € | 27.06.2026 |
| Terviseraja rekonstrueerimine koos välisvalgustuse rajamisega Sindi linnas (kordus) | Tori Vallavalitsus | 213 565 € | 02.03.2026 |
| Soinaste lasteaia mänguväljaku III etapp | Kambja Vallavalitsus | 89 171 € | 15.05.2025 |
| Narva Vanalinna linnaosas lahkvoolse sademekanalisatsiooni I ehitusetapi ehitustööd · Rajatis 1 (EHR kood 221430075) | Aktsiaselts Narva Vesi | 304 925 € | 23.07.2024 |
| Narva linna Vanalinna osa Hariduse tn - Kraavi tn - Karja tn - Vaeselapse tn - Vestervalli tn ehitustööd | Narva Linnavalitsuse Linnamajandusamet | 1 239 251 € | 07.05.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Nordic Road OÜ
Overview
Nordic Road OÜ (registry code 16676952) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is maanteede ja kiirteede ehitus (EMTAK 42111). The company is registered for VAT (VAT number EE102587379).
Financial results
Revenue in financial year 2025 was 2 326 127 €, down 25,4% on the previous year (3 119 723 €). From 2023 to 2025, revenue grew by an average of 44,7% per year. Net profit for financial year 2025 was 181 165 € (7,8% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 4 employees (3 a year earlier). Revenue per employee was 581 532 €. At the end of financial year 2025, total assets were 676 912 € and equity 336 723 € (49,7% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 879 663 €, up 17,7% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 25 679 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2300 € per month.
Management and owners
The management board has 3 members. According to the register, the company has 2 owners. The largest stake (66,7%) is held by Asfaldiproff OÜ.
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 29.06.2026. 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.