OÜ Nordic Islands Hospitality

Active Registry code 10020765 OÜ Tallinn Registered 2 Apr 1996

OÜ Nordic Islands Hospitality is a OÜ based in Tallinn, registry code 10020765, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €754 with 2 employees.

Turnover

754 €

↓ 95.4% vs Q2 2026

State taxes

0 €

Labour taxes

3 669 €

↑ 254.2% vs Q2 2026

Employees

±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 754 €

above 8% of companies

industry median 15 029 € · companies in the industry: 7 444
Labour taxes per employee 1 835 €

above 83% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 118 875 €

above 89% of companies

industry median 13 620 € · companies in the industry: 30 470
Net profit margin · 2025 -1 551.0 %

above 2% of companies

industry median 5.9 % · companies in the industry: 25 042

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 754 € · −95.4% vs Q2 2026 · industry median 15 029 € · above 8% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 835 € · +254.2% vs Q2 2026 · industry median 857 € · above 83% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	754	—	3 669	2
Q2 2026	16 324	—	1 036	2
Q1 2026	16 070	—	—	—
Q4 2025	30 286	2 396	4 774	—
Q3 2025	45 530	9 624	3 889	1
Q2 2025	53 229	5 081	2 283	1
Q1 2025	45 578	9 145	5 502	1
Q4 2024	82 589	6 457	2 470	1
Q3 2024	48 820	5 531	—	1
Q2 2024	46 814	5 333	—	—
Q1 2024	50 958	1 568	453	—
Q4 2023	46 807	—	1 360	—
Q3 2023	50 587	—	907	2
Q2 2023	54 010	3 724	453	1
Q1 2023	48 207	6 780	811	1
Q4 2022	53 617	3 901	1 360	1
Q3 2022	70 643	6 972	1 360	1
Q2 2022	59 319	6 555	907	1
Q1 2022	50 271	869	—	1

Labour taxes per employee per month

612 €

Turnover per employee in the quarter

377 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 118 875 € · −26.2% vs 2024 · industry median 13 620 € · above 89% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -1 843 804 € · −27.2% vs 2024 · industry median 283 € · above 2% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -1 551.0 % · −651.0 pp vs the year before · industry median 5.9 % · above 2% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 910 940 € · −33.5% vs 2024

Equity, € thousand 2025: -1 005 504 € · −219.9% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 70% of the industry

Company
Industry median

Industry: Real estate activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	118 875	-1 843 804	17 866	2 910 940	-1 005 504	2
2024	161 078	-1 449 783	6 374	4 376 555	838 300	2
2023	142 650	70 114	—	5 397 234	2 288 083	1
2022	210 089	-60 140	—	4 844 389	2 217 969	1
2021	189 187	-26 140	—	4 617 443	2 278 109	0
2020	157 553	-59 784	—	4 368 256	2 304 250	0
2019	186 233	-20 353	—	4 455 435	2 413 955	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	4
2014	—	—	—	—	—	0
2013	—	—	—	—	—	4
2012	—	—	—	—	—	0
2011	—	—	—	—	—	37
2009	—	—	—	—	—	0
2008	—	—	—	—	—	30
2004	—	—	—	—	—	4
2003	—	—	—	—	—	2
2002	—	—	—	—	—	2
2001	—	—	—	—	—	2
1999	—	—	—	—	—	5
1998	—	—	—	—	—	5
1997	—	—	—	—	—	5

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

-1 551.0 %

Net profit / revenue

Return on assets (ROA)

-63.3 %

Net profit / assets

Equity ratio

-34.5 %

Equity / assets

Debt ratio

134.5 %

Liabilities / assets

Current ratio

3.02

Current assets / current liabilities

Revenue per employee

59 438 €

Revenue / average full-time employees

Labour cost per employee per month

744 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	16 Sep 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	19 Sep 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	24 Jul 2024	Consolidated · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	20 Jul 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Nov 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	23 Dec 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Nov 2020	Consolidated · audited	e-Äriregister

Board

Hans Martin Breuer
Board member · since 3 May 2001
Kaie Noot
Board member · since 25 Oct 2007
Nasdaq CSD SE
Keeper of the share register · since 28 Sep 2017

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Omanikukonto: HANS MARTIN BREUER
Natural person · 89 537 €

60%
Omanikukonto: AXYRIS OÜ
Legal person · 11324378 · 59 689 €

40%

Owner in

OÜ Siilik
100%

Beneficial owners

Hans Martin Breuer
Direct ownership · since 11 Dec 2018
IMRE SOOÄÄR
Direct ownership · since 11 Dec 2018
Machiel De Vries
Indirect ownership · NLD · since 11 Dec 2018

Founders and other persons

Imre Sooäär
Founder · 5 000 € · 2 Apr 1996
Jüri Truuts
Founder · 5 000 € · 2 Apr 1996
Kristjan Rebane
Audit firm · 30 Jun 2015
OÜ FINANTS
Audit firm · 30 Jun 2015

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 28

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 30000281 / M12 7 Jul 2026	Warning of a fine: annual report not filed	6 Aug 2026	Deficiencies eliminated 1 Oct 2026	PDF
Ä 30000281 / 21 28 May 2026	Amendment entry		In force 28 May 2026	PDF
Ä 30000281 / M11 4 May 2026	Ruling to eliminate deficiencies	24 May 2026	Deficiencies eliminated 21 May 2026	PDF
Ä 30000281 / M10 2 Apr 2026	Ruling to eliminate deficiencies	4 May 2026	In force 21 Apr 2026	PDF
Ä 30000281 / 20 14 Jan 2026	Amendment entry		In force 14 Jan 2026	PDF
Ä 30000281 / M9 9 Dec 2025	Ruling to eliminate deficiencies	9 Jan 2026	Deficiencies eliminated 14 Jan 2026	PDF
Ä 30000281 / 19 14 Nov 2025	Amendment entry		In force 14 Nov 2025	PDF
Ä 30000281 / 18 29 Oct 2025	Amendment entry		In force 29 Oct 2025	PDF
Ä 30000281 / M8 14 Oct 2025	Ruling to eliminate deficiencies	22 Nov 2025	Deficiencies eliminated 29 Oct 2025	PDF
Ä 30000281 / M7 6 Jul 2025	Warning of a fine: annual report not filed	5 Aug 2025	Deficiencies eliminated 20 Sep 2025	PDF
Ä 30000281 / M6 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 25 Jul 2024	PDF
Ä 30000281 / 17 26 Mar 2020	Amendment entry		In force 26 Mar 2020	PDF
Ä 30000281 / M5 24 Mar 2020	Ruling to eliminate deficiencies	3 Apr 2020	Deficiencies eliminated 26 Mar 2020	PDF
Ä 30000281 / 16 27 Mar 2018	Amendment entry		In force 27 Mar 2018	PDF
Ä 30000281 / 15 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 30000281 / 14 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 30000281 / 13 16 Dec 2014	Amendment entry		In force 16 Dec 2014	PDF
Ä 281 / 12 24 Mar 2009	Amendment entry		In force 24 Mar 2009	PDF
Ä 281 / 11 3 Dec 2008	Deletion of activities from the registry card		In force 4 Dec 2008	PDF
Ä 281 / 10 11 Jul 2008	Amendment entry		In force 11 Jul 2008	PDF
Ä 281 / 9 24 Oct 2007	Amendment entry		In force 25 Oct 2007	PDF
Ä 281 / M4 20 Sep 2007	Ruling to eliminate deficiencies (to be served)	24 Nov 2007	In force 25 Sep 2007	PDF
Ä 281 / 8 6 Mar 2007	Note on registration of shares in the Estonian central register of securities		In force 6 Mar 2007	PDF
Ä 281 / 7 20 Jul 2004	Amendment entry		In force	PDF
Ä 281 / 6 18 Jun 2004	Entry decision on the register’s own initiative		In force	PDF
Ä 281 / 5 13 Nov 2003	Amendment entry		In force	PDF
Ä 281 / 4 2 Dec 2002	Published amendment entry		In force	PDF
Ä 281 / M3 24 Oct 2002	Ruling to eliminate deficiencies (to be served)	31 Dec 2002	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

OÜ Nordic Islands Hospitality

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 28