OÜ Nordelect

Active Registry code 10079882 OÜ Tallinn Registered 18 Sep 1996
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OÜ Nordelect is a OÜ based in Tallinn, registry code 10079882, status: active. Main activity: Construction of utility projects for electricity and telecommunications. According to EMTA, turnover for Q3 2026 was €443 695 with 2 employees.

Turnover
443 695 €
↑ 34.9% vs Q2 2026
State taxes
35 265 €
↑ 19.5% vs Q2 2026
Labour taxes
5 713 €
↑ 18.9% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Civil engineering · EMTAK 42

  • Turnover · Q3 2026 443 695 €
    industry median 52 240 € · companies in the industry: 1 125
  • Labour taxes per employee 2 857 €
    industry median 1 750 € · companies in the industry: 933
  • Revenue · 2025 1.4 mn €
    industry median 88 960 € · companies in the industry: 1 426
  • Net profit margin · 2025 5.1 %
    industry median 5.0 % · companies in the industry: 1 185

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 443 695 € · +34.9% vs Q2 2026 · industry median 52 240 € · above 83% of the industry
0200400600Q4 2023 Company: 524 353 € Industry median: 57 537 €Q4·23Q1 2024 Company: 446 335 € Industry median: 30 131 €Q2 2024 Company: 294 046 € Industry median: 43 636 €Q2·24Q3 2024 Company: 354 647 € Industry median: 55 552 €Q4 2024 Company: 294 550 € Industry median: 59 411 €Q4·24Q1 2025 Company: 304 641 € Industry median: 34 084 €Q2 2025 Company: 311 766 € Industry median: 44 234 €Q2·25Q3 2025 Company: 268 187 € Industry median: 54 940 €Q4 2025 Company: 467 448 € Industry median: 60 220 €Q4·25Q1 2026 Company: 154 637 € Industry median: 36 839 €Q2 2026 Company: 328 861 € Industry median: 44 874 €Q2·26Q3 2026 Company: 443 695 € Industry median: 52 240 €Q3·260100200300400500Q4 2024 Company: 294 550 € Industry median: 59 411 €Q1 2025 Company: 304 641 € Industry median: 34 084 €Q1·25Q2 2025 Company: 311 766 € Industry median: 44 234 €Q3 2025 Company: 268 187 € Industry median: 54 940 €Q3·25Q4 2025 Company: 467 448 € Industry median: 60 220 €Q1 2026 Company: 154 637 € Industry median: 36 839 €Q1·26Q2 2026 Company: 328 861 € Industry median: 44 874 €Q3 2026 Company: 443 695 € Industry median: 52 240 €Q3·26
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 857 € · +18.9% vs Q2 2026 · industry median 1 750 € · above 71% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 5 974 € Industry median: 1 696 €Q4·23Q1 2024 Company: 11 059 € Industry median: 1 534 €Q2 2024 Company: 7 526 € Industry median: 1 448 €Q2·24Q3 2024 Company: 7 241 € Industry median: 1 657 €Q4 2024 Company: 6 153 € Industry median: 1 890 €Q4·24Q1 2025 Company: 5 558 € Industry median: 1 717 €Q2 2025 Company: 4 980 € Industry median: 1 538 €Q2·25Q3 2025 Company: 5 504 € Industry median: 1 845 €Q4 2025 Company: 5 617 € Industry median: 2 070 €Q4·25Q1 2026 Company: 5 056 € Industry median: 1 721 €Q2 2026 Company: 2 402 € Industry median: 1 482 €Q2·26Q3 2026 Company: 2 857 € Industry median: 1 750 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 153 € Industry median: 1 890 €Q1 2025 Company: 5 558 € Industry median: 1 717 €Q1·25Q2 2025 Company: 4 980 € Industry median: 1 538 €Q3 2025 Company: 5 504 € Industry median: 1 845 €Q3·25Q4 2025 Company: 5 617 € Industry median: 2 070 €Q1 2026 Company: 5 056 € Industry median: 1 721 €Q1·26Q2 2026 Company: 2 402 € Industry median: 1 482 €Q3 2026 Company: 2 857 € Industry median: 1 750 €Q3·26
  • Company
  • Industry median

Industry: Civil engineering (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
0.00.51.01.52.0Q4 2023 Company: 2Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 35 265 € · +19.5% vs Q2 2026
020 00040 00060 00080 000Q4 2023 Company: 29 019 €Q4·23Q1 2024 Company: 37 039 €Q2 2024 Company: 10 169 €Q2·24Q3 2024 Company: 23 149 €Q4 2024 Company: 18 970 €Q4·24Q1 2025 Company: 31 973 €Q2 2025 Company: 29 048 €Q2·25Q3 2025 Company: 13 415 €Q4 2025 Company: 63 802 €Q4·25Q1 2026 Company: 15 819 €Q2 2026 Company: 29 505 €Q2·26Q3 2026 Company: 35 265 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 18 970 €Q1 2025 Company: 31 973 €Q1·25Q2 2025 Company: 29 048 €Q3 2025 Company: 13 415 €Q3·25Q4 2025 Company: 63 802 €Q1 2026 Company: 15 819 €Q1·26Q2 2026 Company: 29 505 €Q3 2026 Company: 35 265 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 443 695 35 265 5 713 2
Q2 2026 328 861 29 505 4 804 2
Q1 2026 154 637 15 819 5 056 1
Q4 2025 467 448 63 802 5 617 1
Q3 2025 268 187 13 415 5 504 1
Q2 2025 311 766 29 048 4 980 1
Q1 2025 304 641 31 973 5 558 1
Q4 2024 294 550 18 970 6 153 1
Q3 2024 354 647 23 149 7 241 1
Q2 2024 294 046 10 169 7 526 1
Q1 2024 446 335 37 039 11 059 1
Q4 2023 524 353 29 019 11 948 2
Q3 2023 589 624 63 050 12 069 3
Q2 2023 356 987 36 906 9 723 2
Q1 2023 342 699 57 162 13 966 2
Q4 2022 464 449 31 191 11 544 3
Q3 2022 437 727 28 922 9 153 3
Q2 2022 263 881 15 892 7 945 2
Q1 2022 229 940 41 794 6 109 2
Labour taxes per employee per month
952 €
Turnover per employee in the quarter
221 848 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 352 921 € · +1.1% vs 2024 · industry median 88 960 € · above 86% of the industry
05001 0001 5002 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 517 768 € Industry median: 87 742 €20192020 Company: 505 952 € Industry median: 79 900 €20202021 Company: 922 703 € Industry median: 85 202 €20212022 Company: 1 456 115 € Industry median: 83 429 €20222023 Company: 1 779 567 € Industry median: 84 652 €20232024 Company: 1 337 702 € Industry median: 74 590 €20242025 Company: 1 352 921 € Industry median: 88 960 €202505001 0001 5002 0002018 Company: — Industry median: —2019 Company: 517 768 € Industry median: 87 742 €20192020 Company: 505 952 € Industry median: 79 900 €2021 Company: 922 703 € Industry median: 85 202 €20212022 Company: 1 456 115 € Industry median: 83 429 €2023 Company: 1 779 567 € Industry median: 84 652 €20232024 Company: 1 337 702 € Industry median: 74 590 €2025 Company: 1 352 921 € Industry median: 88 960 €2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 69 103 € · +130.1% vs 2024 · industry median 2 500 € · above 85% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 113 553 € Industry median: 3 099 €20192020 Company: 14 710 € Industry median: 1 997 €20202021 Company: 66 236 € Industry median: 2 977 €20212022 Company: 260 708 € Industry median: 2 069 €20222023 Company: 48 750 € Industry median: 2 486 €20232024 Company: 30 037 € Industry median: 1 984 €20242025 Company: 69 103 € Industry median: 2 500 €202501002003002018 Company: — Industry median: —2019 Company: 113 553 € Industry median: 3 099 €20192020 Company: 14 710 € Industry median: 1 997 €2021 Company: 66 236 € Industry median: 2 977 €20212022 Company: 260 708 € Industry median: 2 069 €2023 Company: 48 750 € Industry median: 2 486 €20232024 Company: 30 037 € Industry median: 1 984 €2025 Company: 69 103 € Industry median: 2 500 €2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.1 % · +2.9 pp vs the year before · industry median 5.0 % · above 50% of the industry
05101520252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 21.9 % Industry median: 6.0 %20192020 Company: 2.9 % Industry median: 5.2 %20202021 Company: 7.2 % Industry median: 6.0 %20212022 Company: 17.9 % Industry median: 4.7 %20222023 Company: 2.7 % Industry median: 5.1 %20232024 Company: 2.2 % Industry median: 4.7 %20242025 Company: 5.1 % Industry median: 5.0 %202505101520252018 Company: — Industry median: —2019 Company: 21.9 % Industry median: 6.0 %20192020 Company: 2.9 % Industry median: 5.2 %2021 Company: 7.2 % Industry median: 6.0 %20212022 Company: 17.9 % Industry median: 4.7 %2023 Company: 2.7 % Industry median: 5.1 %20232024 Company: 2.2 % Industry median: 4.7 %2025 Company: 5.1 % Industry median: 5.0 %2025
  • Company
  • Industry median

Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 409 349 € · −12.0% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 323 954 €20192020 Company: 346 706 €20202021 Company: 403 180 €20212022 Company: 668 204 €20222023 Company: 783 061 €20232024 Company: 465 426 €20242025 Company: 409 349 €202502004006008002018 Company: —2019 Company: 323 954 €20192020 Company: 346 706 €2021 Company: 403 180 €20212022 Company: 668 204 €2023 Company: 783 061 €20232024 Company: 465 426 €2025 Company: 409 349 €2025
Equity, € thousand 2025: 155 020 € · −15.7% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 236 103 €20192020 Company: 198 060 €20202021 Company: 164 296 €20212022 Company: 325 004 €20222023 Company: 253 755 €20232024 Company: 183 792 €20242025 Company: 155 020 €202501002003004002018 Company: —2019 Company: 236 103 €20192020 Company: 198 060 €2021 Company: 164 296 €20212022 Company: 325 004 €2023 Company: 253 755 €20232024 Company: 183 792 €2025 Company: 155 020 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 2 · above 5% of the industry
012342016 Company: 4 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 320182019 Company: 2 Industry median: 320192020 Company: 4 Industry median: 320202021 Company: 4 Industry median: 320212022 Company: 4 Industry median: 320222023 Company: 4 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 1 Industry median: 22025012342018 Company: 2 Industry median: 32019 Company: 2 Industry median: 320192020 Company: 4 Industry median: 32021 Company: 4 Industry median: 320212022 Company: 4 Industry median: 32023 Company: 4 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Civil engineering (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 1 352 921 69 103 45 740 409 349 155 020 1
2024 1 337 702 30 037 51 530 465 426 183 792 2
2023 1 779 567 48 750 102 296 783 061 253 755 4
2022 1 456 115 260 708 89 048 668 204 325 004 4
2021 922 703 66 236 58 389 403 180 164 296 4
2020 505 952 14 710 43 813 346 706 198 060 4
2019 517 768 113 553 33 564 323 954 236 103 2
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 4
2015 — — — — — 0
2014 — — — — — 0
2013 — — — — — 0
2012 — — — — — 0
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 0
2008 — — — — — 0
2007 — — — — — 0
2004 — — — — — 0
2003 — — — — — 1
2002 — — — — — 1
2001 — — — — — 1
2000 — — — — — 1
1999 — — — — — 1
1998 — — — — — 1

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
5.1 %
Net profit / revenue
Return on equity (ROE)
44.6 %
Net profit / equity
Return on assets (ROA)
16.9 %
Net profit / assets
Equity ratio
37.9 %
Equity / assets
Debt ratio
62.1 %
Liabilities / assets
Current ratio
1.71
Current assets / current liabilities
Revenue per employee
1 352 921 €
Revenue / average full-time employees
Labour cost per employee per month
3 812 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 10 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 20 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 27 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 14 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 17 Aug 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 42221Construction of utility projects for electricity and telecommunications Main
Rulings
Number, date Title Deadline State Document
Ä 10005153 / 17
20 Jul 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
20 Jul 2026
PDF
Ä 10005153 / 16
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10005153 / 15
8 Apr 2021
Amendment entry In force
8 Apr 2021
PDF
Ä 10005153 / 14
18 Aug 2020
Amendment under Commercial Code § 525 (2) In force
18 Aug 2020
PDF
Ä 10005153 / 13
3 May 2019
Amendment under Commercial Code § 525 (2) In force
3 May 2019
PDF
Ä 10005153 / 12
24 Aug 2018
Amendment entry In force
24 Aug 2018
PDF
Ä 10005153 / M4
21 Aug 2018
Ruling to eliminate deficiencies 20 Sep 2018 Deficiencies eliminated
24 Aug 2018
PDF
Ä 10005153 / M3
27 Jun 2018
Ruling to correct data outside an entry 7 Jul 2018 In force
27 Jun 2018
PDF
Ä 10005153 / 11
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
Ä 10005153 / 10
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10005153 / 9
31 Aug 2016
Amendment entry In force
31 Aug 2016
PDF
Ä 10005153 / 8
16 May 2014
Amendment entry In force
16 May 2014
PDF
Ä 10005153 / 7
19 Aug 2011
Amendment entry In force
19 Aug 2011
PDF
Ä 5153 / 6
10 Dec 2009
Amendment entry In force
10 Dec 2009
PDF
Ä 5153 / 5
26 May 2009
Amendment entry In force
26 May 2009
PDF
Ä 5153 / M2
4 May 2009
Ruling to eliminate deficiencies In force
4 May 2009
PDF
Ä 5153 / 4
3 Dec 2008
Deletion of activities from the registry card In force
10 Dec 2008
PDF
Ä 5153 / 3
28 Oct 2004
Amendment entry In force PDF

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