Nordic Metal Works OÜ

Active Registry code 11951715 OÜ Tartu linn Registered 7 Jun 2010
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Nordic Metal Works OÜ is a OÜ based in Tartu linn, registry code 11951715, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €719 930 with 41 employees.

Turnover
719 930 €
↓ 24.9% vs Q2 2026
State taxes
181 119 €
↓ 12.7% vs Q2 2026
Labour taxes
134 580 €
↓ 0.5% vs Q2 2026
Employees
41
−2 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 719 930 €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 3 282 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 2.7 mn €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 6.0 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 719 930 € · −24.9% vs Q2 2026 · industry median 54 051 € · above 88% of the industry
02004006008001 000Q4 2023 Company: 694 258 € Industry median: 47 931 €Q4·23Q1 2024 Company: 625 609 € Industry median: 39 673 €Q2 2024 Company: 836 699 € Industry median: 43 108 €Q2·24Q3 2024 Company: 738 453 € Industry median: 46 432 €Q4 2024 Company: 815 356 € Industry median: 49 785 €Q4·24Q1 2025 Company: 716 478 € Industry median: 42 425 €Q2 2025 Company: 836 831 € Industry median: 50 007 €Q2·25Q3 2025 Company: 865 868 € Industry median: 48 528 €Q4 2025 Company: 860 190 € Industry median: 53 452 €Q4·25Q1 2026 Company: 683 028 € Industry median: 45 198 €Q2 2026 Company: 958 380 € Industry median: 54 700 €Q2·26Q3 2026 Company: 719 930 € Industry median: 54 051 €Q3·2602004006008001 000Q4 2024 Company: 815 356 € Industry median: 49 785 €Q1 2025 Company: 716 478 € Industry median: 42 425 €Q1·25Q2 2025 Company: 836 831 € Industry median: 50 007 €Q3 2025 Company: 865 868 € Industry median: 48 528 €Q3·25Q4 2025 Company: 860 190 € Industry median: 53 452 €Q1 2026 Company: 683 028 € Industry median: 45 198 €Q1·26Q2 2026 Company: 958 380 € Industry median: 54 700 €Q3 2026 Company: 719 930 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 282 € · +4.4% vs Q2 2026 · industry median 1 944 € · above 78% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 074 € Industry median: 1 751 €Q4·23Q1 2024 Company: 3 249 € Industry median: 1 757 €Q2 2024 Company: 2 744 € Industry median: 1 735 €Q2·24Q3 2024 Company: 3 378 € Industry median: 1 864 €Q4 2024 Company: 3 171 € Industry median: 1 892 €Q4·24Q1 2025 Company: 2 856 € Industry median: 1 847 €Q2 2025 Company: 3 209 € Industry median: 1 858 €Q2·25Q3 2025 Company: 3 211 € Industry median: 1 902 €Q4 2025 Company: 3 409 € Industry median: 2 028 €Q4·25Q1 2026 Company: 2 991 € Industry median: 1 906 €Q2 2026 Company: 3 145 € Industry median: 1 845 €Q2·26Q3 2026 Company: 3 282 € Industry median: 1 944 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 171 € Industry median: 1 892 €Q1 2025 Company: 2 856 € Industry median: 1 847 €Q1·25Q2 2025 Company: 3 209 € Industry median: 1 858 €Q3 2025 Company: 3 211 € Industry median: 1 902 €Q3·25Q4 2025 Company: 3 409 € Industry median: 2 028 €Q1 2026 Company: 2 991 € Industry median: 1 906 €Q1·26Q2 2026 Company: 3 145 € Industry median: 1 845 €Q3 2026 Company: 3 282 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 41 · −4.7% vs Q2 2026
01020304050Q4 2023 Company: 39Q4·23Q1 2024 Company: 37Q2 2024 Company: 40Q2·24Q3 2024 Company: 38Q4 2024 Company: 38Q4·24Q1 2025 Company: 43Q2 2025 Company: 41Q2·25Q3 2025 Company: 43Q4 2025 Company: 42Q4·25Q1 2026 Company: 43Q2 2026 Company: 43Q2·26Q3 2026 Company: 41Q3·2601020304050Q4 2024 Company: 38Q1 2025 Company: 43Q1·25Q2 2025 Company: 41Q3 2025 Company: 43Q3·25Q4 2025 Company: 42Q1 2026 Company: 43Q1·26Q2 2026 Company: 43Q3 2026 Company: 41Q3·26
State taxes, € thousand Q3 2026: 181 119 € · −12.7% vs Q2 2026
050100150200250Q4 2023 Company: 151 039 €Q4·23Q1 2024 Company: 156 129 €Q2 2024 Company: 154 673 €Q2·24Q3 2024 Company: 172 887 €Q4 2024 Company: 171 644 €Q4·24Q1 2025 Company: 165 749 €Q2 2025 Company: 188 447 €Q2·25Q3 2025 Company: 212 090 €Q4 2025 Company: 211 944 €Q4·25Q1 2026 Company: 174 196 €Q2 2026 Company: 207 535 €Q2·26Q3 2026 Company: 181 119 €Q3·26050100150200250Q4 2024 Company: 171 644 €Q1 2025 Company: 165 749 €Q1·25Q2 2025 Company: 188 447 €Q3 2025 Company: 212 090 €Q3·25Q4 2025 Company: 211 944 €Q1 2026 Company: 174 196 €Q1·26Q2 2026 Company: 207 535 €Q3 2026 Company: 181 119 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 719 930 181 119 134 580 41
Q2 2026 958 380 207 535 135 229 43
Q1 2026 683 028 174 196 128 618 43
Q4 2025 860 190 211 944 143 183 42
Q3 2025 865 868 212 090 138 065 43
Q2 2025 836 831 188 447 131 571 41
Q1 2025 716 478 165 749 122 808 43
Q4 2024 815 356 171 644 120 487 38
Q3 2024 738 453 172 887 128 382 38
Q2 2024 836 699 154 673 109 755 40
Q1 2024 625 609 156 129 120 231 37
Q4 2023 694 258 151 039 119 905 39
Q3 2023 661 267 162 340 137 650 40
Q2 2023 912 896 166 045 122 840 41
Q1 2023 724 079 136 948 119 607 44
Q4 2022 1 008 064 162 920 113 126 43
Q3 2022 878 333 148 259 108 058 44
Q2 2022 1 234 956 145 158 106 607 43
Q1 2022 1 172 402 132 439 105 337 47
Labour taxes per employee per month
1 094 €
Turnover per employee in the quarter
17 559 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 2 742 283 € · +8.1% vs 2024 · industry median 71 144 € · above 92% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 095 007 € Industry median: 87 578 €20192020 Company: 2 003 876 € Industry median: 80 652 €20202021 Company: 3 171 560 € Industry median: 85 610 €20212022 Company: 3 239 166 € Industry median: 84 505 €20222023 Company: 2 537 539 € Industry median: 79 655 €20232024 Company: 2 535 960 € Industry median: 75 081 €20242025 Company: 2 742 283 € Industry median: 71 144 €202501 0002 0003 0004 0002018 Company: — Industry median: —2019 Company: 2 095 007 € Industry median: 87 578 €20192020 Company: 2 003 876 € Industry median: 80 652 €2021 Company: 3 171 560 € Industry median: 85 610 €20212022 Company: 3 239 166 € Industry median: 84 505 €2023 Company: 2 537 539 € Industry median: 79 655 €20232024 Company: 2 535 960 € Industry median: 75 081 €2025 Company: 2 742 283 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 165 465 € · +463.4% vs 2024 · industry median 904 € · above 93% of the industry
-500501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 67 106 € Industry median: 3 345 €20192020 Company: 63 036 € Industry median: 1 618 €20202021 Company: 141 302 € Industry median: 2 495 €20212022 Company: 125 956 € Industry median: 3 066 €20222023 Company: -45 734 € Industry median: 1 431 €20232024 Company: 29 371 € Industry median: 714 €20242025 Company: 165 465 € Industry median: 904 €2025-500501001502002018 Company: — Industry median: —2019 Company: 67 106 € Industry median: 3 345 €20192020 Company: 63 036 € Industry median: 1 618 €2021 Company: 141 302 € Industry median: 2 495 €20212022 Company: 125 956 € Industry median: 3 066 €2023 Company: -45 734 € Industry median: 1 431 €20232024 Company: 29 371 € Industry median: 714 €2025 Company: 165 465 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 6.0 % · +4.9 pp vs the year before · industry median 3.4 % · above 60% of the industry
-2024682016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 3.2 % Industry median: 4.9 %20192020 Company: 3.1 % Industry median: 3.7 %20202021 Company: 4.5 % Industry median: 4.4 %20212022 Company: 3.9 % Industry median: 5.1 %20222023 Company: -1.8 % Industry median: 4.2 %20232024 Company: 1.2 % Industry median: 2.9 %20242025 Company: 6.0 % Industry median: 3.4 %2025-2024682018 Company: — Industry median: —2019 Company: 3.2 % Industry median: 4.9 %20192020 Company: 3.1 % Industry median: 3.7 %2021 Company: 4.5 % Industry median: 4.4 %20212022 Company: 3.9 % Industry median: 5.1 %2023 Company: -1.8 % Industry median: 4.2 %20232024 Company: 1.2 % Industry median: 2.9 %2025 Company: 6.0 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 493 749 € · +4.8% vs 2024
05001 0001 5002 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 293 432 €20192020 Company: 1 385 904 €20202021 Company: 1 546 063 €20212022 Company: 1 588 162 €20222023 Company: 1 471 415 €20232024 Company: 1 425 204 €20242025 Company: 1 493 749 €202505001 0001 5002 0002018 Company: —2019 Company: 1 293 432 €20192020 Company: 1 385 904 €2021 Company: 1 546 063 €20212022 Company: 1 588 162 €2023 Company: 1 471 415 €20232024 Company: 1 425 204 €2025 Company: 1 493 749 €2025
Equity, € thousand 2025: 1 260 928 € · +15.1% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 781 533 €20192020 Company: 844 569 €20202021 Company: 985 871 €20212022 Company: 1 111 827 €20222023 Company: 1 066 092 €20232024 Company: 1 095 463 €20242025 Company: 1 260 928 €202505001 0001 5002018 Company: —2019 Company: 781 533 €20192020 Company: 844 569 €2021 Company: 985 871 €20212022 Company: 1 111 827 €2023 Company: 1 066 092 €20232024 Company: 1 095 463 €2025 Company: 1 260 928 €2025
Employees 2025: 42 · +10.5% vs 2024 · industry median 3 · above 95% of the industry
010203040502016 Company: 43 Industry median: —20162017 Company: 45 Industry median: —20172018 Company: 41 Industry median: 420182019 Company: 40 Industry median: 320192020 Company: 38 Industry median: 320202021 Company: 44 Industry median: 320212022 Company: 44 Industry median: 320222023 Company: 40 Industry median: 320232024 Company: 38 Industry median: 320242025 Company: 42 Industry median: 32025010203040502018 Company: 41 Industry median: 42019 Company: 40 Industry median: 320192020 Company: 38 Industry median: 32021 Company: 44 Industry median: 320212022 Company: 44 Industry median: 32023 Company: 40 Industry median: 320232024 Company: 38 Industry median: 32025 Company: 42 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 2 742 283 165 465 1 317 767 1 493 749 1 260 928 42
2024 2 535 960 29 371 1 189 184 1 425 204 1 095 463 38
2023 2 537 539 -45 734 1 271 242 1 471 415 1 066 092 40
2022 3 239 166 125 956 1 123 873 1 588 162 1 111 827 44
2021 3 171 560 141 302 1 004 515 1 546 063 985 871 44
2020 2 003 876 63 036 844 775 1 385 904 844 569 38
2019 2 095 007 67 106 832 526 1 293 432 781 533 40
2018 — — — — — 41
2017 — — — — — 45
2016 — — — — — 43
2015 — — — — — 40
2014 — — — — — 35
2013 — — — — — 33
2012 — — — — — 31
2011 — — — — — 30
2010 — — — — — 21

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
6.0 %
Net profit / revenue
Return on equity (ROE)
13.1 %
Net profit / equity
Return on assets (ROA)
11.1 %
Net profit / assets
Equity ratio
84.4 %
Equity / assets
Debt ratio
15.6 %
Liabilities / assets
Current ratio
4.49
Current assets / current liabilities
Revenue per employee
65 292 €
Revenue / average full-time employees
Labour cost per employee per month
2 615 €
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 18 Mar 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Mar 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Mar 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Mar 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 14 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 12 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 27 Mar 2020 Company’s own · audited e-Äriregister

Board

Right of representation

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

Owners

  • Länna Holding Aktiebolag
    Legal person · 3 100 €
  • Ain Ehamaa
    Natural person · 2 300 €
  • Ahti Soosaar
    Natural person · 2 300 €
  • Herki Soosaar
    Natural person · 2 300 €

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 25531Machining of metals Main
  • 7739Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 20053627 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 20053627 / 6
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 20053627 / 5
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20053627 / 4
1 Dec 2017
Amendment entry In force
1 Dec 2017
PDF
Ä 20053627 / 3
31 Dec 2012
Amendment entry In force
31 Dec 2012
PDF
Ä 20053627 / 2
15 Sep 2011
Amendment entry In force
15 Sep 2011
PDF
Ä 20053627 / M1
14 Sep 2011
Ruling to eliminate deficiencies 14 Nov 2011 In force
14 Sep 2011
PDF
Ä 20053627
12 Oct 2010
Amendment entry In force
12 Oct 2010
PDF
Ä 10144639 / 6
1 Oct 2010
Amendment entry In force
1 Oct 2010
PDF
Ä 10144639 / 5
19 Aug 2010
Amendment entry In force
19 Aug 2010
PDF
Ä 10144639 / 4
9 Aug 2010
Note on closing the former card of a transformed company In force
9 Aug 2010
PDF
Ä 10144639 / 3
9 Aug 2010
Second (constitutive) transformation entry In force
9 Aug 2010
PDF
Ä 10144639 / 2
9 Aug 2010
First (declaratory) transformation entry In force
9 Aug 2010
PDF
Ä 10144639
7 Jun 2010
First entry In force
7 Jun 2010
PDF

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