Norestex Trading OÜ

Active Registry code 10984753 OÜ Tartu linn Registered 31 Oct 2003

Norestex Trading OÜ is a OÜ based in Tartu linn, registry code 10984753, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €1 726 with 2 employees.

Turnover

1 726 €

↓ 3.6% vs Q2 2026

State taxes

1 132 €

↑ 7.6% vs Q2 2026

Labour taxes

903 €

↑ 1.7% vs Q2 2026

Employees

−1 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 1 726 €

above 15% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 452 €

above 30% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 4 131 €

above 29% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 -425.4 %

above 2% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 1 726 € · −3.6% vs Q2 2026 · industry median 15 030 € · above 15% 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: 452 € · +52.5% vs Q2 2026 · industry median 857 € · above 30% 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 · −33.3% vs Q2 2026

State taxes, € Q3 2026: 1 132 € · +7.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 726	1 132	903	2
Q2 2026	1 791	1 052	888	3
Q1 2026	839	838	820	3
Q4 2025	1 918	1 113	1 046	3
Q3 2025	1 576	674	648	3
Q2 2025	159	865	952	3
Q1 2025	2 213	7 018	1 819	2
Q4 2024	2 817	1 119	819	2
Q3 2024	3 527	1 681	1 501	2
Q2 2024	4 233	3 154	1 931	2
Q1 2024	5 108	1 181	866	2
Q4 2023	3 740	1 457	1 026	3
Q3 2023	4 287	1 324	1 289	3
Q2 2023	4 615	963	528	3
Q1 2023	4 874	1 299	818	3
Q4 2022	5 401	872	538	3
Q3 2022	4 001	1 712	866	2
Q2 2022	4 660	684	337	2
Q1 2022	4 649	1 008	489	2

Labour taxes per employee per month

151 €

Turnover per employee in the quarter

863 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 4 131 € · −67.7% vs 2024 · industry median 13 620 € · above 29% 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, € 2025: -17 572 € · −121.3% vs 2024 · industry median 283 € · above 6% 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: -425.4 % · −1 068.3 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: 159 185 € · −12.4% vs 2024

Equity, € thousand 2025: 158 053 € · −10.0% vs 2024

Employees 2025: 2 · +100.0% 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	4 131	-17 572	17 759	159 185	158 053	2
2024	12 808	82 350	14 595	181 743	175 625	1
2023	13 983	-170	16 640	86 260	81 275	1
2022	15 047	32 415	10 859	87 533	85 446	1
2021	16 100	1 513	6 691	65 853	53 031	1
2020	13 600	5 221	3 986	69 566	53 518	1
2019	12 300	2 662	7 377	53 818	52 297	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	2
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	0
2008	—	—	—	—	—	6
2007	—	—	—	—	—	6
2006	—	—	—	—	—	6
2005	—	—	—	—	—	6
2004	—	—	—	—	—	6

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

-425.4 %

Net profit / revenue

Return on equity (ROE)

-11.1 %

Net profit / equity

Return on assets (ROA)

-11.0 %

Net profit / assets

Equity ratio

99.3 %

Equity / assets

Debt ratio

0.7 %

Liabilities / assets

Current ratio

105.81

Current assets / current liabilities

Revenue per employee

2 066 €

Revenue / average full-time employees

Labour cost per employee per month

740 €

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	11 May 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	16 Apr 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Apr 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	16 Mar 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	17 Apr 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	13 Apr 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	17 May 2020	Company’s own	e-Äriregister

Board

Merje Zupping
Board member · since 11 Sep 2025

Right of representation

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

Owners

Merje Zupping
Natural person · 3 000 €

100%

Beneficial owners

Merje Zupping
Direct ownership · since 11 Sep 2025

Founders and other persons

Merje Nõmme
Founder · 40 000 € · 31 Oct 2003

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main

Rulings 14

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20025680 / 12 11 Sep 2025	Amendment entry		In force 11 Sep 2025	PDF
Ä 20025680 / 11 11 Jun 2024	Amendment entry		In force 11 Jun 2024	PDF
Ä 20025680 / 10 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20025680 / 9 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20025680 / 8 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 20025680 / 7 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20025680 / 6 4 Jul 2017	Amendment under Commercial Code § 525 (2)		In force 4 Jul 2017	PDF
Ä 20025680 / M2 3 Jul 2017	Ruling to eliminate deficiencies	2 Aug 2017	In force 3 Jul 2017	PDF
Ä 20025680 / 5 2 Dec 2013	Amendment under Commercial Code § 525 (2)		In force 2 Dec 2013	PDF
Ä 20025680 / 4 28 Mar 2011	Amendment entry		In force 28 Mar 2011	PDF
Ä 20025680 / 3 28 May 2010	Deletion of activities from the registry card		In force 28 May 2010	PDF
Ä 25680 / 2 14 May 2009	Amendment entry		In force 14 May 2009	PDF
Ä 25680 / M1 12 May 2009	Ruling to eliminate deficiencies	1 Jun 2009	In force 12 May 2009	PDF
Ä 25680 31 Oct 2003	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

Norestex Trading OÜ

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

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 14