Nordic Electrical Works OÜ is a OÜ based in Tallinn, registry code 12469392, status: active. Main activity: Electrical installation work. According to EMTA, turnover for Q3 2026 was €945 270 with 35 employees.
Turnover
945 270 €
↓ 2.6%vs Q2 2026
State taxes
162 541 €
↑ 40.6%vs Q2 2026
Labour taxes
99 280 €
↑ 14.2%vs Q2 2026
Employees
35
−2vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026945 270 €
above 98% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee2 837 €
above 88% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 20253.4 mn €
above 98% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 20257.0 %
above 58% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 945 270 € · −2.6% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 837 € · +20.7% vs Q2 2026 · industry median 1 236 € · above 88% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Revenue, € thousand 2025: 3 354 275 € · −19.0% vs 2024 · industry median 37 328 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: 235 577 € · +188.9% vs 2024 · industry median 561 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 7.0 % · +13.4 pp vs the year before · industry median 3.9 % · above 58% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 1 107 065 € · +6.0% vs 2024Equity, € thousand 2025: 444 040 € · +57.8% vs 2024Employees2025: 33 · −13.2% vs 2024 · industry median 1 · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (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
3 354 275
235 577
945 945
1 107 065
444 040
33
2024
4 141 587
-264 913
1 245 315
1 044 224
281 353
38
2023
4 693 458
222 725
1 225 420
1 478 282
635 210
47
2022
4 638 740
228 083
1 222 946
853 356
465 996
46
2021
3 242 326
81 456
936 474
634 047
288 250
38
2020
2 053 492
-110 891
683 476
522 140
211 227
31
2019
2 409 274
88 016
661 073
505 005
332 118
30
2018
—
—
—
—
—
24
2017
—
—
—
—
—
19
2016
—
—
—
—
—
12
2015
—
—
—
—
—
8
2014
—
—
—
—
—
4
2013
—
—
—
—
—
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
Net profit margin
7.0 %
Net profit / revenue
Return on equity (ROE)
53.1 %
Net profit / equity
Return on assets (ROA)
21.3 %
Net profit / assets
Equity ratio
40.1 %
Equity / assets
Debt ratio
59.9 %
Liabilities / assets
Current ratio
1.53
Current assets / current liabilities
Revenue per employee
101 645 €
Revenue / average full-time employees
Labour cost per employee per month
2 389 €
Labour costs / employees / 12 months (incl. employer taxes)
