Osaühing NORDHOLM

Active Registry code 11118667 OÜ Tallinn Registered 23 Mar 2005

Osaühing NORDHOLM is a OÜ based in Tallinn, registry code 11118667, status: active. Main activity: Dental practice care activities. According to EMTA, turnover for Q3 2026 was €2 505 with 13 employees.

Turnover

2 505 €

↓ 15.3% vs Q2 2026

State taxes

38 274 €

↑ 3.5% vs Q2 2026

Labour taxes

41 110 €

↑ 4.4% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Human health activities · EMTAK 86

Turnover · Q3 2026 2 505 €

above 26% of companies

industry median 9 428 € · companies in the industry: 351
Labour taxes per employee 3 162 €

above 65% of companies

industry median 2 177 € · companies in the industry: 1 696
Revenue · 2025 814 384 €

above 93% of companies

industry median 20 811 € · companies in the industry: 3 373
Net profit margin · 2025 14.1 %

above 61% of companies

industry median 8.3 % · companies in the industry: 2 759

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 2 505 € · −15.3% vs Q2 2026 · industry median 9 428 € · above 26% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 3 162 € · +4.4% vs Q2 2026 · industry median 2 177 € · above 65% of the industry

Company
Industry median

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

Employees Q3 2026: 13 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 38 274 € · +3.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	2 505	38 274	41 110	13
Q2 2026	2 957	36 963	39 365	13
Q1 2026	2 520	39 139	41 929	13
Q4 2025	2 665	39 177	41 774	13
Q3 2025	3 054	44 129	47 166	12
Q2 2025	2 568	46 782	49 547	13
Q1 2025	844	41 981	44 511	12
Q4 2024	—	40 625	43 137	12
Q3 2024	—	38 047	40 431	12
Q2 2024	—	40 879	43 764	12
Q1 2024	—	34 684	37 221	13
Q4 2023	—	36 647	39 345	12
Q3 2023	—	33 456	35 976	13
Q2 2023	—	36 082	38 063	12
Q1 2023	—	28 695	31 149	13
Q4 2022	—	38 938	41 514	14
Q3 2022	—	39 935	42 327	16
Q2 2022	—	36 821	39 578	17
Q1 2022	—	38 560	40 845	14

Labour taxes per employee per month

1 054 €

Turnover per employee in the quarter

193 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 814 384 € · +8.4% vs 2024 · industry median 20 811 € · above 93% of the industry

Company
Industry median

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

Net profit, € thousand 2025: 115 066 € · +42.7% vs 2024 · industry median 1 071 € · above 93% of the industry

Company
Industry median

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

Net profit margin, % 2025: 14.1 % · +3.4 pp vs the year before · industry median 8.3 % · above 61% of the industry

Company
Industry median

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

Assets, € thousand 2025: 867 289 € · +8.6% vs 2024

Equity, € thousand 2025: 488 497 € · +30.8% vs 2024

Employees 2025: 13 · +0.0% vs 2024 · industry median 2 · above 89% of the industry

Company
Industry median

Industry: Human health 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	814 384	115 066	424 583	867 289	488 497	13
2024	751 246	80 639	415 232	798 476	373 431	13
2023	694 132	32 110	347 867	715 702	292 792	13
2022	726 874	71 522	362 802	645 724	260 682	15
2021	628 507	-11 772	335 086	664 249	189 343	15
2020	660 049	-29 754	373 577	662 245	202 190	16
2019	939 676	9 518	450 786	686 414	231 944	16
2018	—	—	—	—	—	15
2017	—	—	—	—	—	13
2016	—	—	—	—	—	10
2015	—	—	—	—	—	12
2014	—	—	—	—	—	10
2013	—	—	—	—	—	11
2012	—	—	—	—	—	8
2011	—	—	—	—	—	8
2010	—	—	—	—	—	3
2009	—	—	—	—	—	2
2008	—	—	—	—	—	3
2007	—	—	—	—	—	2
2006	—	—	—	—	—	1
2005	—	—	—	—	—	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

14.1 %

Net profit / revenue

Return on equity (ROE)

23.6 %

Net profit / equity

Return on assets (ROA)

13.3 %

Net profit / assets

Equity ratio

56.3 %

Equity / assets

Debt ratio

43.7 %

Liabilities / assets

Current ratio

0.23

Current assets / current liabilities

Revenue per employee

62 645 €

Revenue / average full-time employees

Labour cost per employee per month

2 722 €

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	20 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	22 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	14 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	11 Jun 2020	Company’s own	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	75 000 €	AS LHV Pank	17 May 2019 – in force

Board

Riho Rätsep
Board member · since 23 Mar 2005

Right of representation

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

Owners

Riho Rätsep
Natural person · 2 556 €

100%

Owner in

Osaühing SEPPO ARENDUS
50%

Beneficial owners

Riho Rätsep
Direct ownership · since 15 Sep 2018

Founders and other persons

Riho Rätsep
Founder · 40 000 € · 23 Mar 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

86231Dental practice care activities Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10087236 / 10 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
K 10087236 / 9 17 May 2019	Commercial pledge entered		In force 17 May 2019	PDF
K 10087236 / M1 16 May 2019	Ruling to eliminate deficiencies	31 May 2019	Deficiencies eliminated 17 May 2019	PDF
Ä 10087236 / 8 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10087236 / 7 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10087236 / 6 12 Sep 2016	Amendment entry		In force 12 Sep 2016	PDF
Ä 10087236 / 5 16 Dec 2011	Amendment entry		In force 16 Dec 2011	PDF
Ä 10087236 / 4 20 Jan 2011	Entry made by the register on its own initiative		In force 20 Jan 2011	PDF
Ä 87236 / 3 3 Dec 2008	Deletion of activities from the registry card		In force 9 Dec 2008	PDF
Ä 87236 / 2 6 Jul 2006	Amendment entry		In force 6 Jul 2006	PDF
Ä 87236 23 Mar 2005	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

Osaühing NORDHOLM

Position in the industry Human health activities · EMTAK 86

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11