NelGroup OÜ

Registered
16686235Private limited company (OÜ)Founded 2023

Key figures

122 652 €+116,6%
Revenue 2025
+291,4%
Average annual growth 2023–2025
050 k100 k150 k202320242025

Ratios

2025

Summary: NelGroup OÜ

What kind of company is it?

NelGroup OÜ (registry code 16686235) 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: Järve linnaosa, Kohtla-Järve linn, Ida-Viru maakond. According to the latest annual report, the main activity is construction of roads and motorways (EMTAK 42111). The company is registered for VAT (VAT number EE102607563).

How is the company doing financially?

Revenue in financial year 2025 was 122 652 €, up 117% on the previous year (56 631 €). From 2023 to 2025, revenue grew by an average of 291% per year. Net profit for financial year 2025 was 30 442 € (24,8% of revenue). The company was profitable in all 3 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 122 652 €. At the end of financial year 2025, total assets were 57 073 € and equity 55 458 € (97,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 31 188 €, up 32,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1157 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € per month.

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 16.06.2026. 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 202631 188 €11157 €
Q2 202612 072 €11089 €
Q1 2026111 227 €11064 €
Q4 202598 362 €11085 €
Q3 202523 537 €11085 €
Q2 202533 781 €11085 €
Q1 20253980 €11006 €

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 revenue800556 631122 652
Net profit2024 89630 442
Retained earnings—2024 916
Total assets148825 81857 073
Total liabilities13688021615
Total equity12025 01655 458
Employees111
Average gross salary (monthly)490820886
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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
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.

Connections graph
100%NelGroup OÜIgors Karnickis
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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