Nordic Power Management OÜ
Active Registry code 11504072
OÜ Tallinn Registered 9 May 2008
Nordic Power Management OÜ is a OÜ based in Tallinn, registry code 11504072, status: active. Main activity: Trade of electricity. According to EMTA, turnover for Q3 2026 was €2 874 334 with 2 employees.
Turnover
2 874 334 €
↑ 8.9% vs Q2 2026
State taxes
142 909 €
↑ 1 348.6% vs Q2 2026
Labour taxes
8 506 €
↓ 21.8% vs Q2 2026
Employees
2
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 2.9 mn €above 98% of companiesindustry median 3 039 € · companies in the industry: 735
- Labour taxes per employee 4 253 €above 67% of companiesindustry median 2 710 € · companies in the industry: 179
- Revenue · 2025 7.4 mn €above 98% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 3.5 %above 50% 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 | 2 874 334 | 142 909 | 8 506 | 2 |
| Q2 2026 | 2 639 578 | 9 865 | 10 876 | 2 |
| Q1 2026 | 4 558 989 | 99 408 | 12 792 | 2 |
| Q4 2025 | 2 094 559 | 34 002 | 8 655 | 2 |
| Q3 2025 | 1 262 872 | — | 8 992 | 2 |
| Q2 2025 | 1 399 829 | 7 854 | 8 586 | 2 |
| Q1 2025 | 2 125 919 | 161 241 | 12 036 | 2 |
| Q4 2024 | 1 404 725 | — | 7 176 | 2 |
| Q3 2024 | 1 659 133 | 7 220 | 7 718 | 2 |
| Q2 2024 | 1 545 699 | 1 965 | 7 830 | 2 |
| Q1 2024 | 3 262 477 | 185 205 | 10 911 | 2 |
| Q4 2023 | 2 382 124 | — | 7 071 | 2 |
| Q3 2023 | 2 024 880 | 6 722 | 6 711 | 2 |
| Q2 2023 | 1 716 977 | 14 830 | 6 842 | 2 |
| Q1 2023 | 3 586 201 | 299 434 | 14 638 | 2 |
| Q4 2022 | 5 025 783 | 283 416 | 4 888 | 1 |
| Q3 2022 | 6 860 209 | — | 5 576 | 1 |
| Q2 2022 | 4 637 381 | — | 5 723 | 1 |
| Q1 2022 | 7 478 801 | 160 597 | 8 465 | 1 |
Labour taxes per employee per month
1 418 €
Turnover per employee in the quarter
1 437 167 €
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 | 7 355 178 | 260 564 | 85 491 | 3 361 953 | 2 199 740 | 1 |
| 2024 | 9 325 247 | 573 849 | 85 877 | 2 976 093 | 1 939 176 | 1 |
| 2023 | 10 106 187 | 797 840 | 77 251 | 3 396 656 | 2 565 327 | 1 |
| 2022 | 26 692 685 | 1 248 131 | 62 005 | 6 260 571 | 1 836 436 | 0 |
| 2021 | 17 202 701 | 112 246 | 95 571 | 7 771 691 | 1 819 983 | 0 |
| 2020 | 6 817 163 | -39 844 | 88 190 | 3 524 629 | 2 052 537 | 6 |
| 2019 | 8 631 418 | -146 521 | 81 632 | 4 137 672 | 2 565 981 | 0 |
| 2018 | — | — | — | — | — | 6 |
| 2017 | — | — | — | — | — | 10 |
| 2016 | — | — | — | — | — | 7 |
| 2015 | — | — | — | — | — | 7 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 6 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 5 |
| 2010 | — | — | — | — | — | 5 |
| 2009 | — | — | — | — | — | 4 |
| 2008 | — | — | — | — | — | 3 |
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
3.4 %
Net profit / revenue
Return on equity (ROE)
11.8 %
Net profit / equity
Return on assets (ROA)
7.8 %
Net profit / assets
Equity ratio
65.4 %
Equity / assets
Debt ratio
34.6 %
Liabilities / assets
Current ratio
2.06
Current assets / current liabilities
Revenue per employee
7 683 101 €
Revenue / average full-time employees
Labour cost per employee per month
7 124 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 14 Jul 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 | 30 Jun 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 12 Jul 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 | 19 Jul 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 27 Oct 2020 | Consolidated · audited | e-Äriregister |
Board
- Tiit NigulBoard member · since 9 May 2008
- Raul KivariBoard member · since 11 Dec 2012
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- TRN Holding OÜLegal person · 11157911 · 32 500 €
- Time Factory OÜLegal person · 11501065 · 32 500 €
Owner in
- 100%
- 50%
- 15.77%
Beneficial owners
- Raul KivariDirect ownership · since 25 Oct 2018
- Tiit NigulDirect ownership · since 25 Oct 2018
Founders and other persons
- BF Capital OÜFounder · 340 000 € · 9 May 2008
- Osaühing Nelja EnergiaFounder · 660 000 € · 9 May 2008
- Toivo AlajõeAudit firm · 22 Oct 2020
- Audiitorbüroo Fides OÜAudit firm · 22 Oct 2020
Related companies
Activities (EMTAK)
- 35151Trade of electricity Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10118301 / 16 4 Sep 2025 |
Amendment entry | In force 4 Sep 2025 |
||
| Ä 10118301 / 15 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 10118301 / 14 29 Dec 2022 |
Division entry (second, constitutive) | In force 29 Dec 2022 |
||
| Ä 10118301 / 13 6 Dec 2022 |
Amendment entry | In force 6 Dec 2022 |
||
| Ä 10118301 / 12 6 Dec 2022 |
Amendment entry | In force 6 Dec 2022 |
||
| Ä 10118301 / M5 28 Nov 2022 |
Ruling to eliminate deficiencies | 28 Dec 2022 | Deficiencies eliminated 6 Dec 2022 |
|
| Ä 10118301 / 11 11 Nov 2022 |
Entry refused: deficiencies not eliminated | In force 29 Nov 2022 |
||
| Ä 10118301 / M4 5 Oct 2022 |
Ruling to eliminate deficiencies | 4 Nov 2022 | In force 5 Oct 2022 |
|
| Ä 10118301 / 10 17 Aug 2022 |
Second (constitutive) merger entry | In force 17 Aug 2022 |
||
| Ä 10118301 / 9 28 Mar 2019 |
Amendment under Commercial Code § 525 (2) | In force 28 Mar 2019 |
||
| Ä 10118301 / 8 19 Nov 2018 |
Amendment entry | In force 19 Nov 2018 |
||
| Ä 10118301 / 7 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10118301 / 6 30 Nov 2017 |
Amendment entry | In force 30 Nov 2017 |
||
| Ä 10118301 / 5 16 Sep 2016 |
Amendment entry | In force 16 Sep 2016 |
||
| Ä 10118301 / M3 4 Dec 2015 |
Refund of the state fee | In force 4 Dec 2015 |
||
| Ä 10118301 / M2 27 Nov 2015 |
Ruling to correct data outside an entry | 27 Dec 2015 | Deficiencies eliminated 1 Dec 2015 |
|
| Ä 10118301 / 4 11 Dec 2012 |
Amendment entry | In force 11 Dec 2012 |
||
| Ä 10118301 / M1 10 Dec 2012 |
Ruling to eliminate deficiencies | 31 Jan 2013 | In force 10 Dec 2012 |
|
| Ä 10118301 / 3 29 Jun 2011 |
Amendment entry | In force 29 Jun 2011 |
||
| Ä 118301 / 2 27 Oct 2009 |
Amendment under Commercial Code § 525 (2) | In force 27 Oct 2009 |
||
| Ä 118301 9 May 2008 |
First entry | In force 9 May 2008 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data