Nordic Armoury OÜ
Active Registry code 11370160
OÜ Tallinn Registered 4 Apr 2007
Nordic Armoury OÜ is a OÜ based in Tallinn, registry code 11370160, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €8 510 383 with 8 employees.
Turnover
8 510 383 €
↑ 10.9% vs Q2 2026
State taxes
1 115 596 €
↑ 10.6% vs Q2 2026
Labour taxes
41 573 €
↑ 8.2% vs Q2 2026
Employees
8
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 8.5 mn €above 98% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 5 197 €above 86% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 1.1 mn €above 82% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 19.1 %above 83% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 8 510 383 | 1 115 596 | 41 573 | 8 |
| Q2 2026 | 7 675 018 | 1 008 584 | 38 437 | 8 |
| Q1 2026 | 2 992 650 | 542 765 | 51 583 | 7 |
| Q4 2025 | 719 638 | 122 452 | 40 107 | 7 |
| Q3 2025 | 365 832 | 62 546 | 37 055 | 7 |
| Q2 2025 | 2 411 648 | 520 503 | 32 784 | 7 |
| Q1 2025 | 103 242 | 38 454 | 30 670 | 7 |
| Q4 2024 | 111 078 | 23 858 | 30 846 | 8 |
| Q3 2024 | 447 318 | 66 051 | 31 656 | 8 |
| Q2 2024 | 148 326 | 41 003 | 30 756 | 8 |
| Q1 2024 | 1 919 178 | 249 510 | 28 888 | 6 |
| Q4 2023 | 1 778 227 | 365 151 | 30 530 | 6 |
| Q3 2023 | 228 216 | 152 221 | 24 147 | 6 |
| Q2 2023 | 287 070 | 40 430 | 25 231 | 6 |
| Q1 2023 | 740 674 | 170 416 | 29 085 | 6 |
| Q4 2022 | 622 011 | 122 843 | 25 685 | 6 |
| Q3 2022 | 676 545 | 102 935 | 25 225 | 7 |
| Q2 2022 | 551 623 | 89 554 | 25 255 | 7 |
| Q1 2022 | 993 645 | 118 647 | 23 310 | 7 |
Labour taxes per employee per month
1 732 €
Turnover per employee in the quarter
1 063 798 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 1 066 710 | 203 671 | 353 983 | 7 332 594 | 814 943 | 7 |
| 2024 | 1 694 179 | 116 576 | 289 583 | 641 950 | 611 272 | 6 |
| 2023 | 3 190 353 | -11 442 | 239 947 | 1 270 417 | 494 697 | 6 |
| 2022 | 1 751 936 | -17 633 | 258 119 | 781 652 | 568 017 | 6 |
| 2021 | 2 015 360 | 260 837 | 210 085 | 858 105 | 585 650 | 6 |
| 2020 | 1 349 308 | 229 654 | 195 690 | 639 983 | 531 063 | 5 |
| 2019 | 388 566 | 1 954 | 146 951 | 345 942 | 301 409 | 5 |
| 2018 | — | — | — | — | — | 5 |
| 2017 | — | — | — | — | — | 5 |
| 2016 | — | — | — | — | — | 5 |
| 2015 | — | — | — | — | — | 4 |
| 2014 | — | — | — | — | — | 3 |
| 2013 | — | — | — | — | — | 3 |
| 2012 | — | — | — | — | — | 3 |
| 2011 | — | — | — | — | — | 2 |
| 2010 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 1 |
| 2008 | — | — | — | — | — | 0 |
| 2007 | — | — | — | — | — | 0 |
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
19.0 %
Net profit / revenue
Return on equity (ROE)
25.0 %
Net profit / equity
Return on assets (ROA)
2.8 %
Net profit / assets
Equity ratio
11.1 %
Equity / assets
Debt ratio
88.9 %
Liabilities / assets
Current ratio
1.11
Current assets / current liabilities
Revenue per employee
152 816 €
Revenue / average full-time employees
Labour cost per employee per month
4 214 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 Oct 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 10 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 17 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 21 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 13 May 2020 | Company’s own | e-Äriregister |
Board
- Heino PiirsaluBoard member · since 4 Apr 2007
- Mihkel PiirsaluBoard member · since 4 Apr 2007
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Nordic Armory OÜLegal person · 10686889 · 10 000 €
- Mihkel PiirsaluNatural person · 7 500 €
- Heino PiirsaluNatural person · 7 500 €
Beneficial owners
- Heino PiirsaluDirect ownership · since 18 Oct 2018
- Mihkel PiirsaluDirect ownership · since 18 Oct 2018
Founders and other persons
- Heino PiirsaluFounder · 20 000 € · 2 Apr 2007
- Mihkel PiirsaluFounder · 20 000 € · 2 Apr 2007
Related companies
Activities (EMTAK)
- 46901Non-specialised wholesale trade Main
- 25991Manufacture of other fabricated metal products n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10107849 / 17 11 Nov 2024 |
Amendment entry | In force 11 Nov 2024 |
||
| Ä 10107849 / M9 4 Nov 2024 |
Ruling to eliminate deficiencies | 4 Dec 2024 | Deficiencies eliminated 11 Nov 2024 |
|
| Ä 10107849 / 16 25 Sep 2023 |
Amendment entry | In force 25 Sep 2023 |
||
| Ä 10107849 / 15 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10107849 / 14 2 Oct 2018 |
Amendment entry | In force 2 Oct 2018 |
||
| Ä 10107849 / M8 21 Sep 2018 |
Ruling to eliminate deficiencies | 21 Oct 2018 | Deficiencies eliminated 2 Oct 2018 |
|
| Ä 10107849 / 13 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10107849 / 12 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| Ä 10107849 / 11 21 Aug 2017 |
Amendment entry | In force 21 Aug 2017 |
||
| Ä 10107849 / 10 2 Feb 2017 |
Amendment entry | In force 2 Feb 2017 |
||
| Ä 10107849 / 9 30 Jan 2017 |
Entry refused: deficiencies not eliminated | In force 14 Feb 2017 |
||
| Ä 10107849 / M7 11 Jan 2017 |
Ruling to eliminate deficiencies | 26 Jan 2017 | In force 11 Jan 2017 |
|
| Ä 10107849 / 8 9 Jun 2015 |
Amendment entry | In force 9 Jun 2015 |
||
| Ä 10107849 / 7 6 Jan 2012 |
Amendment entry | In force 6 Jan 2012 |
||
| Ä 10107849 / 6 27 May 2011 |
Amendment entry | In force 27 May 2011 |
||
| Ä 10107849 / M6 26 May 2011 |
Ruling to eliminate deficiencies | In force 26 May 2011 |
||
| Ä 10107849 / 5 20 Jan 2011 |
Amendment entry | In force 20 Jan 2011 |
||
| Ä 10107849 / M5 6 Jan 2011 |
Ruling to eliminate deficiencies | 28 Feb 2011 | In force 6 Jan 2011 |
|
| Ä 10107849 / 4 28 Dec 2010 |
Amendment entry | In force 28 Dec 2010 |
||
| Ä 10107849 / M4 16 Dec 2010 |
Ruling to eliminate deficiencies | 31 Jan 2011 | In force 16 Dec 2010 |
|
| Ä 10107849 / M3 14 Dec 2010 |
Ruling to eliminate deficiencies | 31 Jan 2011 | In force 14 Dec 2010 |
|
| Ä 10107849 / M2 6 Dec 2010 |
Ruling to eliminate deficiencies | 10 Dec 2010 | In force 6 Dec 2010 |
|
| Ä 107849 / 3 23 May 2008 |
Amendment entry | In force 23 May 2008 |
||
| Ä 107849 / 2 11 Apr 2008 |
Amendment entry | In force 11 Apr 2008 |
||
| Ä 107849 4 Apr 2007 |
First entry | In force 4 Apr 2007 |
||
| Ä 107849 / M1 3 Apr 2007 |
Ruling to eliminate deficiencies (to be served) | In force 3 Apr 2007 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data