NJORD Advokaadibüroo OÜ

Active Registry code 11176771 OÜ Tallinn Registered 10 Oct 2005

NJORD Advokaadibüroo OÜ is a OÜ based in Tallinn, registry code 11176771, status: active. Main activity: Activities of attorneys and law offices. According to EMTA, turnover for Q3 2026 was €823 723 with 35 employees.

Turnover

823 723 €

↓ 2.0% vs Q2 2026

State taxes

351 174 €

↑ 3.8% vs Q2 2026

Labour taxes

204 090 €

↑ 6.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Legal and accounting activities · EMTAK 69

Turnover · Q3 2026 823 723 €

above 98% of companies

industry median 9 740 € · companies in the industry: 3 327
Labour taxes per employee 5 831 €

above 98% of companies

industry median 1 122 € · companies in the industry: 3 120
Revenue · 2025 3.3 mn €

above 98% of companies

industry median 12 784 € · companies in the industry: 8 416
Net profit margin · 2025 18.5 %

above 55% of companies

industry median 14.8 % · companies in the industry: 6 880

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 823 723 € · −2.0% vs Q2 2026 · industry median 9 740 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 831 € · +6.9% vs Q2 2026 · industry median 1 122 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 35 · +0.0% vs Q2 2026

State taxes, € thousand Q3 2026: 351 174 € · +3.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	823 723	351 174	204 090	35
Q2 2026	840 132	338 174	190 999	35
Q1 2026	759 838	333 891	210 110	34
Q4 2025	796 300	298 104	194 977	34
Q3 2025	739 123	277 289	207 339	34
Q2 2025	786 485	365 460	208 958	33
Q1 2025	837 821	344 210	210 125	37
Q4 2024	1 036 495	280 255	181 035	37
Q3 2024	690 197	305 924	194 227	36
Q2 2024	728 942	277 972	157 199	35
Q1 2024	595 318	199 146	134 603	31
Q4 2023	573 542	195 410	122 185	28
Q3 2023	567 755	232 322	146 293	28
Q2 2023	629 682	221 935	131 580	28
Q1 2023	524 358	211 553	127 934	25
Q4 2022	530 890	227 993	117 007	23
Q3 2022	527 120	200 938	117 852	24
Q2 2022	551 139	180 575	123 262	20
Q1 2022	573 266	203 728	134 472	25

Labour taxes per employee per month

1 944 €

Turnover per employee in the quarter

23 535 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 3 278 310 € · +3.3% vs 2024 · industry median 12 784 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 607 706 € · −23.8% vs 2024 · industry median 1 062 € · above 98% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 18.5 % · −6.6 pp vs the year before · industry median 14.8 % · above 55% of the industry

Company
Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 814 627 € · +38.1% vs 2024

Equity, € thousand 2025: 989 698 € · +23.4% vs 2024

Employees 2025: 33 · +6.5% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Legal and accounting 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	3 278 310	607 706	1 850 761	1 814 627	989 698	33
2024	3 173 324	797 714	1 652 473	1 314 195	801 992	31
2023	2 395 210	448 477	1 201 885	910 773	522 822	24
2022	2 188 716	348 835	1 044 656	812 186	446 807	26
2021	2 020 726	360 843	1 026 427	1 023 720	614 266	26
2020	1 909 453	384 448	946 720	820 551	505 973	23
2019	1 525 382	118 247	902 963	716 963	425 588	23
2018	—	—	—	—	—	20
2017	—	—	—	—	—	16
2016	—	—	—	—	—	12
2015	—	—	—	—	—	14
2014	—	—	—	—	—	16
2013	—	—	—	—	—	16
2012	—	—	—	—	—	18
2011	—	—	—	—	—	18
2010	—	—	—	—	—	19
2009	—	—	—	—	—	16
2008	—	—	—	—	—	15
2007	—	—	—	—	—	10
2006	—	—	—	—	—	8

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

18.5 %

Net profit / revenue

Return on equity (ROE)

61.4 %

Net profit / equity

Return on assets (ROA)

33.5 %

Net profit / assets

Equity ratio

54.5 %

Equity / assets

Debt ratio

45.5 %

Liabilities / assets

Current ratio

1.74

Current assets / current liabilities

Revenue per employee

99 343 €

Revenue / average full-time employees

Labour cost per employee per month

4 674 €

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	28 Apr 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	15 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	17 Jun 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	28 Jun 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	30 Jun 2020	Company’s own · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
1	1 300 000 EEK	Aktsiaselts SEB Eesti Ühispank	6 Dec 2005 – in force

Board

Karolina Ebba Anna Ullman
Board member · since 10 Oct 2005
Veikko Toomere
Board member · since 10 Sep 2013
Katrin Sarap
Board member · since 22 Mar 2016
Erik Salur
Board member · since 18 Jan 2023
Liisi Jürgen
Board member · since 18 Jan 2023
Triinu Hiob
Board member · since 18 Jan 2023
Marko Mehilane
Board member · since 20 May 2026
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: TRIINU HIOB
Natural person · 500 €

14.29%
Omanikukonto: Liisi Jürgen
Natural person · 500 €

14.29%
Omanikukonto: Marko Mehilane
Natural person · 500 €

14.29%
Omanikukonto: KATRIN SARAP
Natural person · 500 €

14.29%
Omanikukonto: Erik Salur
Natural person · 500 €

14.29%
Omanikukonto: VEIKKO TOOMERE
Natural person · 500 €

14.29%
Omanikukonto: KAROLINA EBBA ANNA ULLMAN
Natural person · 500 €

14.29%

Beneficial owners

Marko Mehilane
Direct ownership · since 8 Jul 2026
Erik Salur
Member of a senior management body (management or supervisory board) · since 11 May 2023
Liisi Jürgen
Member of a senior management body (management or supervisory board) · since 11 May 2023
Triinu Hiob
Member of a senior management body (management or supervisory board) · since 11 May 2023
Karolina Ebba Anna Ullman
Member of a senior management body (management or supervisory board) · since 15 Oct 2018
Katrin Sarap
Member of a senior management body (management or supervisory board) · since 15 Oct 2018
Veikko Toomere
Member of a senior management body (management or supervisory board) · since 15 Oct 2018

Founders and other persons

MAQS Law Firm Advokatbyra AB
Founder · 200 000 € · 10 Oct 2005

shared board members, owners or beneficial owners

Activities (EMTAK)

69101Activities of attorneys and law offices Main

Rulings 31

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10092191 / 24 20 May 2026	Amendment entry		In force 20 May 2026	PDF
Ä 10092191 / 23 18 Jan 2023	Amendment entry		In force 18 Jan 2023	PDF
Ä 10092191 / 22 3 Mar 2022	Amendment entry		In force 3 Mar 2022	PDF
Ä 10092191 / 21 15 Jan 2020	Amendment under Commercial Code § 525 (2)		In force 15 Jan 2020	PDF
Ä 10092191 / 20 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10092191 / 19 29 Nov 2017	Amendment entry		In force 29 Nov 2017	PDF
Ä 10092191 / 18 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10092191 / 17 22 Mar 2016	Amendment entry		In force 22 Mar 2016	PDF
Ä 10092191 / 16 16 Dec 2015	Amendment under Commercial Code § 525 (2)		In force 16 Dec 2015	PDF
Ä 10092191 / 15 27 Jan 2015	Division entry (second, constitutive)		In force 27 Jan 2015	PDF
Ä 10092191 / M6 23 Jan 2015	Ruling to eliminate deficiencies	22 Feb 2015	Deficiencies eliminated 26 Jan 2015	PDF
Ä 10092191 / 14 8 Jan 2015	Amendment entry		In force 8 Jan 2015	PDF
Ä 10092191 / M5 31 Dec 2014	Ruling to eliminate deficiencies	14 Jan 2015	Deficiencies eliminated 8 Jan 2015	PDF
Ä 10092191 / 13 29 Apr 2014	Amendment entry		In force 29 Apr 2014	PDF
Ä 10092191 / M4 22 Apr 2014	Ruling to eliminate deficiencies	22 May 2014	Deficiencies eliminated 29 Apr 2014	PDF
Ä 10092191 / 12 10 Sep 2013	Amendment entry		In force 10 Sep 2013	PDF
Ä 10092191 / 11 11 Mar 2013	Amendment entry		In force 11 Mar 2013	PDF
Ä 10092191 / 10 29 Jan 2013	Amendment entry		In force 29 Jan 2013	PDF
Ä 10092191 / M3 28 Jan 2013	Ruling to eliminate deficiencies	28 Feb 2013	In force 28 Jan 2013	PDF
Ä 10092191 / 9 16 Oct 2012	Amendment entry		In force 16 Oct 2012	PDF
Ä 10092191 / 8 12 Apr 2010	Amendment entry		In force 12 Apr 2010	PDF
Ä 92191 / 7 24 Sep 2009	Amendment entry		In force 24 Sep 2009	PDF
Ä 92191 / M2 22 Sep 2009	Ruling to be served	5 Oct 2009	Deficiencies eliminated 22 Sep 2009	PDF
Ä 92191 / 6 17 Dec 2008	Amendment entry		In force 17 Dec 2008	PDF
Ä 92191 / 5 17 Dec 2008	Amendment entry		In force 17 Dec 2008	PDF
Ä 92191 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 3 Dec 2008	PDF
Ä 92191 / 3 11 Oct 2006	Amendment entry		In force 11 Oct 2006	PDF
Ä 92191 / 2 8 Dec 2005	Entry decision on the register’s own initiative		In force	PDF
K 94051 6 Dec 2005	Commercial pledge entered		In force	PDF
Ä 92191 10 Oct 2005	First entry		In force	PDF
Ä 92191 / M1 5 Oct 2005	Ruling to eliminate deficiencies (to be served)		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data

NJORD Advokaadibüroo OÜ

Position in the industry Legal and accounting activities · EMTAK 69

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 31