Osaühing Norex Systems

Active Registry code 10587986 OÜ Suurupi küla Registered 26 Oct 1999

Osaühing Norex Systems is a OÜ based in Suurupi küla, registry code 10587986, status: active. Main activity: Freight transport by road. According to EMTA, turnover for Q3 2026 was €163 522 with 8 employees.

Turnover

163 522 €

↓ 5.9% vs Q2 2026

State taxes

34 674 €

↑ 46.9% vs Q2 2026

Labour taxes

20 381 €

↑ 110.9% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Land transport and transport via pipelines · EMTAK 49

Turnover · Q3 2026 163 522 €

above 81% of companies

industry median 29 505 € · companies in the industry: 3 554
Labour taxes per employee 2 548 €

above 90% of companies

industry median 1 179 € · companies in the industry: 3 134
Revenue · 2025 662 998 €

above 91% of companies

industry median 32 212 € · companies in the industry: 5 896
Net profit margin · 2025 6.1 %

above 61% of companies

industry median 2.8 % · companies in the industry: 4 877

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 163 522 € · −5.9% vs Q2 2026 · industry median 29 505 € · above 81% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 548 € · +137.2% vs Q2 2026 · industry median 1 179 € · above 90% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 8 · −11.1% vs Q2 2026

State taxes, € Q3 2026: 34 674 € · +46.9% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	163 522	34 674	20 381	8
Q2 2026	173 767	23 610	9 666	9
Q1 2026	142 870	31 766	14 736	9
Q4 2025	185 631	34 715	15 353	8
Q3 2025	169 447	35 793	15 553	9
Q2 2025	165 779	36 774	15 651	9
Q1 2025	136 693	24 902	13 202	9
Q4 2024	182 043	26 827	15 113	8
Q3 2024	173 635	29 967	15 358	8
Q2 2024	167 275	31 797	14 605	8
Q1 2024	154 754	28 265	13 897	8
Q4 2023	155 670	3 145	13 739	8
Q3 2023	159 159	28 051	14 749	7
Q2 2023	167 403	26 623	13 639	9
Q1 2023	172 659	32 261	16 920	8
Q4 2022	177 293	27 212	14 369	10
Q3 2022	147 366	23 251	13 538	8
Q2 2022	149 777	1 834	13 133	8
Q1 2022	129 737	21 476	14 035	6

Labour taxes per employee per month

849 €

Turnover per employee in the quarter

20 440 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 662 998 € · +2.5% vs 2024 · industry median 32 212 € · above 91% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 40 450 € · +4.5% vs 2024 · industry median 421 € · above 92% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.1 % · +0.1 pp vs the year before · industry median 2.8 % · above 61% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 307 192 € · −15.3% vs 2024

Equity, € thousand 2025: 121 983 € · −6.7% vs 2024

Employees 2025: 5 · +0.0% vs 2024 · industry median 1 · above 80% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (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	662 998	40 450	157 083	307 192	121 983	5
2024	646 698	38 696	143 788	362 488	130 787	5
2023	629 014	66 745	140 573	405 225	139 195	5
2022	628 676	27 028	138 932	324 930	111 002	6
2021	619 409	43 226	135 201	267 038	122 428	5
2020	612 995	49 803	151 356	296 746	129 206	5
2019	765 224	36 101	186 541	382 024	125 532	8
2018	—	—	—	—	—	8
2017	—	—	—	—	—	8
2016	—	—	—	—	—	11
2015	—	—	—	—	—	10
2014	—	—	—	—	—	12
2013	—	—	—	—	—	9
2012	—	—	—	—	—	9
2011	—	—	—	—	—	9
2010	—	—	—	—	—	9
2009	—	—	—	—	—	10
2008	—	—	—	—	—	11
2007	—	—	—	—	—	12
2006	—	—	—	—	—	10
2005	—	—	—	—	—	10
2004	—	—	—	—	—	9
2003	—	—	—	—	—	6
2002	—	—	—	—	—	5
2001	—	—	—	—	—	5
2000	—	—	—	—	—	4

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

6.1 %

Net profit / revenue

Return on equity (ROE)

33.2 %

Net profit / equity

Return on assets (ROA)

13.2 %

Net profit / assets

Equity ratio

39.7 %

Equity / assets

Debt ratio

60.3 %

Liabilities / assets

Current ratio

0.67

Current assets / current liabilities

Revenue per employee

132 600 €

Revenue / average full-time employees

Labour cost per employee per month

2 618 €

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	22 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	9 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	28 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	17 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	1 Jul 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
2	190 000 EEK	aktsiaselts Hansapank	7 Feb 2008 – in force
1	200 000 EEK	aktsiaselts Hansapank	20 Jul 2001 – in force

Board

Rainer Mättas
Board member · since 8 Feb 2000
Rainer Põld
Board member · since 8 Aug 2005

Right of representation

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

Owners

Rainer Mättas
Natural person · 7 668 €

60%
Rainer Põld
Natural person · 5 112 €

40%

Beneficial owners

Rainer Mättas
Direct ownership · since 8 Oct 2018
Rainer Põld
Direct ownership · since 8 Oct 2018

Founders and other persons

Osaühing Kermon
Founder · 40 000 € · 26 Oct 1999

shared board members, owners or beneficial owners

Activities (EMTAK)

49411Freight transport by road Main

Rulings 13

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10043940 / 12 26 Aug 2025	Amendment entry		In force 26 Aug 2025	PDF
Ä 10043940 / 11 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10043940 / 10 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10043940 / 9 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10043940 / 8 16 Sep 2016	Amendment entry		In force 16 Sep 2016	PDF
Ä 10043940 / M2 4 Aug 2016	Procedural ruling		In force 4 Aug 2016	PDF
Ä 10043940 / M1 20 Feb 2013	Ruling to eliminate deficiencies	23 Mar 2013	In force 20 Feb 2013	PDF
Ä 10043940 / 7 20 Feb 2013	Amendment entry		In force 20 Feb 2013	PDF
Ä 10043940 / 6 27 Dec 2011	Amendment entry		In force 27 Dec 2011	PDF
Ä 43940 / 5 3 Dec 2008	Deletion of activities from the registry card		In force 5 Dec 2008	PDF
K 59149 / 2 7 Feb 2008	Commercial pledge entered		In force 7 Feb 2008	PDF
Ä 43940 / 4 8 Aug 2005	Amendment entry		In force	PDF
Ä 43940 / 3 6 Jan 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

Osaühing Norex Systems

Position in the industry Land transport and transport via pipelines · EMTAK 49

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 13