Nordic European Construction OÜ

Active Registry code 12280401 OÜ Peetri alevik Registered 8 May 2012
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Nordic European Construction OÜ is a OÜ based in Peetri alevik, registry code 12280401, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €174 833 with 2 employees.

Turnover
174 833 €
↑ 99.2% vs Q2 2026
State taxes
0 €
Labour taxes
2 770 €
↓ 12.0% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 174 833 €
    industry median 25 270 € · companies in the industry: 4 695
  • Labour taxes per employee 1 385 €
    industry median 1 210 € · companies in the industry: 4 132
  • Revenue · 2025 144 488 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -24.1 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 174 833 € · +99.2% vs Q2 2026 · industry median 25 270 € · above 86% of the industry
050100150200250Q4 2023 Company: 221 073 € Industry median: 26 424 €Q4·23Q1 2024 Company: 84 514 € Industry median: 19 618 €Q2 2024 Company: 72 094 € Industry median: 21 324 €Q2·24Q3 2024 Company: 111 584 € Industry median: 26 130 €Q4 2024 Company: 50 277 € Industry median: 25 496 €Q4·24Q1 2025 Company: 118 303 € Industry median: 19 559 €Q2 2025 Company: 20 176 € Industry median: 22 569 €Q2·25Q3 2025 Company: 38 584 € Industry median: 25 546 €Q4 2025 Company: 70 971 € Industry median: 25 754 €Q4·25Q1 2026 Company: 45 557 € Industry median: 20 492 €Q2 2026 Company: 87 785 € Industry median: 22 677 €Q2·26Q3 2026 Company: 174 833 € Industry median: 25 270 €Q3·26050100150200Q4 2024 Company: 50 277 € Industry median: 25 496 €Q1 2025 Company: 118 303 € Industry median: 19 559 €Q1·25Q2 2025 Company: 20 176 € Industry median: 22 569 €Q3 2025 Company: 38 584 € Industry median: 25 546 €Q3·25Q4 2025 Company: 70 971 € Industry median: 25 754 €Q1 2026 Company: 45 557 € Industry median: 20 492 €Q1·26Q2 2026 Company: 87 785 € Industry median: 22 677 €Q3 2026 Company: 174 833 € Industry median: 25 270 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 385 € · −12.0% vs Q2 2026 · industry median 1 210 € · above 58% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 820 € Industry median: 1 145 €Q4·23Q1 2024 Company: 3 477 € Industry median: 1 097 €Q2 2024 Company: 2 756 € Industry median: 1 083 €Q2·24Q3 2024 Company: 2 756 € Industry median: 1 142 €Q4 2024 Company: 2 228 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 801 € Industry median: 1 188 €Q2 2025 Company: 1 538 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 538 € Industry median: 1 208 €Q4 2025 Company: 1 476 € Industry median: 1 254 €Q4·25Q1 2026 Company: 772 € Industry median: 1 183 €Q2 2026 Company: 1 575 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 385 € Industry median: 1 210 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 228 € Industry median: 1 179 €Q1 2025 Company: 1 801 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 538 € Industry median: 1 149 €Q3 2025 Company: 1 538 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 476 € Industry median: 1 254 €Q1 2026 Company: 772 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 575 € Industry median: 1 166 €Q3 2026 Company: 1 385 € Industry median: 1 210 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 3Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260123Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 3Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 0 €
05 00010 00015 000Q4 2023 Company: 13 098 €Q4·23Q1 2024 Company: 7 783 €Q2 2024 Company: 6 344 €Q2·24Q3 2024 Company: 6 068 €Q4 2024 Company: 4 113 €Q4·24Q1 2025 Company: 3 300 €Q2 2025 Company: 3 427 €Q2·25Q3 2025 Company: 2 920 €Q4 2025 Company: 333 €Q4·25Q1 2026 Company: 2 167 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 4 113 €Q1 2025 Company: 3 300 €Q1·25Q2 2025 Company: 3 427 €Q3 2025 Company: 2 920 €Q3·25Q4 2025 Company: 333 €Q1 2026 Company: 2 167 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 174 833 — 2 770 2
Q2 2026 87 785 — 3 149 2
Q1 2026 45 557 2 167 2 317 3
Q4 2025 70 971 333 2 951 2
Q3 2025 38 584 2 920 3 076 2
Q2 2025 20 176 3 427 3 076 2
Q1 2025 118 303 3 300 3 602 2
Q4 2024 50 277 4 113 4 456 2
Q3 2024 111 584 6 068 5 512 2
Q2 2024 72 094 6 344 5 512 2
Q1 2024 84 514 7 783 6 954 2
Q4 2023 221 073 13 098 7 640 2
Q3 2023 134 172 7 123 7 640 4
Q2 2023 146 616 7 856 8 419 4
Q1 2023 265 307 171 9 248 5
Q4 2022 471 291 8 319 8 921 5
Q3 2022 314 668 10 857 11 559 5
Q2 2022 436 154 18 761 12 787 6
Q1 2022 389 246 14 908 10 832 7
Labour taxes per employee per month
462 €
Turnover per employee in the quarter
87 417 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 144 488 € · −57.1% vs 2024 · industry median 38 239 € · above 74% of the industry
01 0002 0003 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 658 611 € Industry median: 38 891 €20192020 Company: 1 002 890 € Industry median: 35 433 €20202021 Company: 1 286 415 € Industry median: 38 322 €20212022 Company: 1 447 089 € Industry median: 39 545 €20222023 Company: 648 108 € Industry median: 37 262 €20232024 Company: 336 797 € Industry median: 37 693 €20242025 Company: 144 488 € Industry median: 38 239 €202501 0002 0003 0002018 Company: — Industry median: —2019 Company: 2 658 611 € Industry median: 38 891 €20192020 Company: 1 002 890 € Industry median: 35 433 €2021 Company: 1 286 415 € Industry median: 38 322 €20212022 Company: 1 447 089 € Industry median: 39 545 €2023 Company: 648 108 € Industry median: 37 262 €20232024 Company: 336 797 € Industry median: 37 693 €2025 Company: 144 488 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -34 838 € · +26.1% vs 2024 · industry median 411 € · above 2% of the industry
-500501001502002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 171 952 € Industry median: 643 €20192020 Company: -20 664 € Industry median: 282 €20202021 Company: 79 909 € Industry median: 315 €20212022 Company: -9 291 € Industry median: 398 €20222023 Company: -30 195 € Industry median: 253 €20232024 Company: -47 134 € Industry median: 108 €20242025 Company: -34 838 € Industry median: 411 €2025-500501001502002018 Company: — Industry median: —2019 Company: 171 952 € Industry median: 643 €20192020 Company: -20 664 € Industry median: 282 €2021 Company: 79 909 € Industry median: 315 €20212022 Company: -9 291 € Industry median: 398 €2023 Company: -30 195 € Industry median: 253 €20232024 Company: -47 134 € Industry median: 108 €2025 Company: -34 838 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -24.1 % · −10.1 pp vs the year before · industry median 3.5 % · above 10% of the industry
-30-20-100102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6.5 % Industry median: 4.5 %20192020 Company: -2.1 % Industry median: 4.0 %20202021 Company: 6.2 % Industry median: 3.8 %20212022 Company: -0.6 % Industry median: 3.9 %20222023 Company: -4.7 % Industry median: 3.9 %20232024 Company: -14.0 % Industry median: 2.8 %20242025 Company: -24.1 % Industry median: 3.5 %2025-30-20-100102018 Company: — Industry median: —2019 Company: 6.5 % Industry median: 4.5 %20192020 Company: -2.1 % Industry median: 4.0 %2021 Company: 6.2 % Industry median: 3.8 %20212022 Company: -0.6 % Industry median: 3.9 %2023 Company: -4.7 % Industry median: 3.9 %20232024 Company: -14.0 % Industry median: 2.8 %2025 Company: -24.1 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 168 919 € · −34.0% vs 2024
02004006008002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 702 573 €20192020 Company: 394 237 €20202021 Company: 418 799 €20212022 Company: 443 786 €20222023 Company: 330 638 €20232024 Company: 255 990 €20242025 Company: 168 919 €202502004006008002018 Company: —2019 Company: 702 573 €20192020 Company: 394 237 €2021 Company: 418 799 €20212022 Company: 443 786 €2023 Company: 330 638 €20232024 Company: 255 990 €2025 Company: 168 919 €2025
Equity, € thousand 2025: 149 395 € · −24.1% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 367 040 €20192020 Company: 253 647 €20202021 Company: 308 556 €20212022 Company: 288 513 €20222023 Company: 252 941 €20232024 Company: 196 808 €20242025 Company: 149 395 €202501002003004002018 Company: —2019 Company: 367 040 €20192020 Company: 253 647 €2021 Company: 308 556 €20212022 Company: 288 513 €2023 Company: 252 941 €20232024 Company: 196 808 €2025 Company: 149 395 €2025
Employees 2025: 2 · −33.3% vs 2024 · industry median 2 · above 50% of the industry
0510152016 Company: 12 Industry median: —20162017 Company: 8 Industry median: —20172018 Company: 6 Industry median: 220182019 Company: 14 Industry median: 220192020 Company: 6 Industry median: 220202021 Company: 5 Industry median: 220212022 Company: 5 Industry median: 220222023 Company: 4 Industry median: 220232024 Company: 3 Industry median: 220242025 Company: 2 Industry median: 220250510152018 Company: 6 Industry median: 22019 Company: 14 Industry median: 220192020 Company: 6 Industry median: 22021 Company: 5 Industry median: 220212022 Company: 5 Industry median: 22023 Company: 4 Industry median: 220232024 Company: 3 Industry median: 22025 Company: 2 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 144 488 -34 838 30 812 168 919 149 395 2
2024 336 797 -47 134 47 107 255 990 196 808 3
2023 648 108 -30 195 79 867 330 638 252 941 4
2022 1 447 089 -9 291 116 465 443 786 288 513 5
2021 1 286 415 79 909 95 634 418 799 308 556 5
2020 1 002 890 -20 664 125 467 394 237 253 647 6
2019 2 658 611 171 952 398 739 702 573 367 040 14
2018 — — — — — 6
2017 — — — — — 8
2016 — — — — — 12
2015 — — — — — 5
2014 — — — — — 5
2013 — — — — — 4
2012 — — — — — 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
-24.1 %
Net profit / revenue
Return on equity (ROE)
-23.3 %
Net profit / equity
Return on assets (ROA)
-20.6 %
Net profit / assets
Equity ratio
88.4 %
Equity / assets
Debt ratio
11.6 %
Liabilities / assets
Current ratio
8.53
Current assets / current liabilities
Revenue per employee
72 244 €
Revenue / average full-time employees
Labour cost per employee per month
1 284 €
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 19 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 20 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 30 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Jul 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Owner in

Beneficial owners

  • Marek Sool
    Direct ownership · since 30 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
  • 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
Number, date Title Deadline State Document
Ä 10168866 / 8
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10168866 / 7
20 Jun 2023
Amendment entry In force
20 Jun 2023
PDF
Ä 10168866 / 6
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 10168866 / 5
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10168866 / 4
29 Aug 2012
Amendment entry In force
29 Aug 2012
PDF
Ä 10168866 / 3
12 Jul 2012
Entry made by the register on its own initiative In force
12 Jul 2012
PDF
Ä 10168866 / 2
12 Jul 2012
Transformation entry In force
12 Jul 2012
PDF
Ä 10168866
8 May 2012
First entry In force
8 May 2012
PDF

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