OLSSON & NIELSEN NORDIC OÜ
OLSSON & NIELSEN NORDIC OÜ is a OÜ based in Tallinn, registry code 11418694, status: active. Main activity: Electricity production from solar energy. According to EMTA, turnover for Q3 2026 was €76 880 with 1 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 76 880 €above 78% of companiesindustry median 3 039 € · companies in the industry: 735
- Labour taxes per employee 4 850 €above 75% of companiesindustry median 2 710 € · companies in the industry: 179
- Revenue · 2025 240 805 €above 82% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 -38.3 %above 21% of companiesindustry median 3.6 % · companies in the industry: 693
Taxes and turnover
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (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 | 76 880 | 8 829 | 4 850 | 1 |
| Q2 2026 | 49 101 | 7 996 | 4 850 | 1 |
| Q1 2026 | 58 410 | 19 348 | 5 149 | 1 |
| Q4 2025 | 51 044 | 9 597 | 5 747 | 1 |
| Q3 2025 | 44 207 | 11 011 | 5 747 | 1 |
| Q2 2025 | 46 269 | 9 641 | 5 747 | 1 |
| Q1 2025 | 51 445 | — | 5 686 | 1 |
| Q4 2024 | 40 069 | 6 954 | 5 563 | 1 |
| Q3 2024 | 49 845 | 18 332 | 6 966 | 1 |
| Q2 2024 | 46 783 | 11 639 | 5 563 | 1 |
| Q1 2024 | 55 035 | 22 221 | 11 649 | 1 |
| Q4 2023 | 51 158 | 33 857 | 15 445 | 1 |
| Q3 2023 | 57 073 | 14 271 | 7 913 | 1 |
| Q2 2023 | 47 448 | 11 899 | 7 913 | 1 |
| Q1 2023 | 80 989 | 4 897 | 7 944 | 1 |
| Q4 2022 | 121 441 | — | 8 006 | 1 |
| Q3 2022 | 147 030 | 532 357 | 18 654 | 1 |
| Q2 2022 | 97 349 | 25 194 | 8 726 | 2 |
| Q1 2022 | 89 150 | 14 933 | 8 726 | 2 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (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 | 240 805 | -92 284 | 50 706 | 3 629 099 | 3 099 282 | 1 |
| 2024 | 257 225 | 42 988 | 50 706 | 3 847 654 | 3 347 566 | 1 |
| 2023 | 281 809 | -95 128 | 76 241 | 3 984 896 | 3 412 178 | 2 |
| 2022 | 584 270 | 3 722 606 | 82 664 | 4 150 226 | 3 614 906 | 2 |
| 2021 | 281 089 | 301 967 | 102 108 | 2 544 998 | 1 901 721 | 0 |
| 2020 | 251 390 | 177 879 | 93 735 | 2 404 679 | 1 621 260 | 4 |
| 2019 | 298 684 | 1 117 828 | 78 563 | 2 677 765 | 1 762 041 | 4 |
| 2018 | — | — | — | — | — | 1 |
| 2017 | — | — | — | — | — | 1 |
| 2016 | — | — | — | — | — | 1 |
| 2015 | — | — | — | — | — | 1 |
| 2014 | — | — | — | — | — | 2 |
| 2013 | — | — | — | — | — | 2 |
| 2012 | — | — | — | — | — | 2 |
| 2011 | — | — | — | — | — | 1 |
| 2010 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 2 |
| 2007 | — | — | — | — | — | 2 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 18 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 6 Jun 2025 | Consolidated · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 17 Jun 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 2 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 29 Jun 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 1 020 500 € | Luminor Bank AS | 19 Jun 2017 – in force |
Board
- Priit PenjamBoard member · since 31 Aug 2007
- Aap HirvesooBoard member · since 2 Aug 2016
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Aap HirvesooNatural person · 17 500 €
- Priit PenjamNatural person · 17 500 €
Owner in
- 90%
- 100%
- 100%
- 100%
- 20%
- 9.99%
- 40.92%
- 9.99%
Beneficial owners
- Aap HirvesooDirect ownership · since 4 Sep 2018
- Priit PenjamDirect ownership · since 4 Sep 2018
Founders and other persons
- Aap HirvesooFounder · 20 000 € · 31 Aug 2007
- Priit PenjamFounder · 20 000 € · 31 Aug 2007
- KPMG Baltics OÜAudit firm · 19 Feb 2025
Related companies
Activities (EMTAK)
- 35123Electricity production from solar energy Main
- 70201Business and other management consultancy activities
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10111707 / 13 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10111707 / 12 27 Jan 2020 |
Amendment under Commercial Code § 525 (2) | In force 27 Jan 2020 |
||
| Ä 10111707 / 11 4 Sep 2018 |
Amendment under Commercial Code § 525 (2) | In force 4 Sep 2018 |
||
| Ä 10111707 / 10 4 Jun 2018 |
Second (constitutive) merger entry | In force 4 Jun 2018 |
||
| K 10111707 / 9 12 Mar 2018 |
Commercial pledge amended | In force 12 Mar 2018 |
||
| Ä 10111707 / 8 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10111707 / 7 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| K 10111707 / 6 19 Jun 2017 |
Commercial pledge entered | In force 19 Jun 2017 |
||
| Ä 10111707 / 5 5 May 2017 |
Amendment entry | In force 5 May 2017 |
||
| Ä 10111707 / 4 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10111707 / 3 2 Aug 2016 |
Amendment entry | In force 2 Aug 2016 |
||
| Ä 10111707 / 2 15 Mar 2012 |
Amendment entry | In force 15 Mar 2012 |
||
| Ä 111707 31 Aug 2007 |
First entry | In force 31 Aug 2007 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data