Nordic Aviation Academy OÜ
Active Registry code 12703563
OÜ Tallinn Registered 12 Aug 2014
Nordic Aviation Academy OÜ is a OÜ based in Tallinn, registry code 12703563, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €47 197 with 2 employees.
Turnover
47 197 €
↓ 10.3% vs Q2 2026
State taxes
6 848 €
↓ 27.3% vs Q2 2026
Labour taxes
3 672 €
↓ 3.8% 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 47 197 €above 86% of companiesindustry median 8 170 € · companies in the industry: 1 274
- Labour taxes per employee 1 836 €above 68% of companiesindustry median 1 198 € · companies in the industry: 2 039
- Revenue · 2025 213 313 €above 98% of companiesindustry median 2 265 € · companies in the industry: 7 180
- Net profit margin · 2025 -2.9 %above 26% of companiesindustry median 6.7 % · companies in the industry: 5 232
Taxes and turnover
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (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 | 47 197 | 6 848 | 3 672 | 2 |
| Q2 2026 | 52 614 | 9 419 | 3 818 | 2 |
| Q1 2026 | 24 403 | 6 038 | 3 291 | 2 |
| Q4 2025 | 77 020 | 13 844 | 3 587 | 2 |
| Q3 2025 | 69 856 | 10 295 | 5 244 | 2 |
| Q2 2025 | 49 841 | 8 905 | 4 237 | 2 |
| Q1 2025 | 15 214 | 4 034 | 3 135 | 2 |
| Q4 2024 | 73 890 | 3 493 | 931 | 2 |
| Q3 2024 | 54 222 | 6 757 | 1 660 | 1 |
| Q2 2024 | 61 753 | 7 293 | 1 686 | 1 |
| Q1 2024 | 11 595 | 1 470 | 897 | 3 |
| Q4 2023 | 53 392 | 4 838 | 2 052 | 3 |
| Q3 2023 | 86 280 | 12 569 | 3 035 | 1 |
| Q2 2023 | 58 932 | 5 740 | 1 540 | 3 |
| Q1 2023 | 6 988 | — | 859 | 3 |
| Q4 2022 | 148 206 | 10 830 | 3 444 | 3 |
| Q3 2022 | 86 858 | 6 728 | 3 095 | 3 |
| Q2 2022 | 60 340 | 6 412 | 1 859 | 3 |
| Q1 2022 | 60 661 | 7 269 | 964 | 3 |
Labour taxes per employee per month
612 €
Turnover per employee in the quarter
23 599 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (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 | 213 313 | -6 233 | 37 750 | 242 390 | 210 059 | 1 |
| 2024 | 205 593 | -279 | 13 207 | 246 685 | 216 292 | 1 |
| 2023 | 209 240 | 8 986 | 18 594 | 248 667 | 216 561 | 1 |
| 2022 | 284 327 | 26 515 | 22 838 | 243 554 | 207 575 | 1 |
| 2021 | 237 510 | 32 710 | 25 330 | 283 306 | 196 060 | 1 |
| 2020 | 238 422 | 91 353 | 30 574 | 193 833 | 163 350 | 1 |
| 2019 | 152 026 | 29 187 | 17 386 | 119 577 | 86 997 | 1 |
| 2018 | — | — | — | — | — | 2 |
| 2017 | — | — | — | — | — | 2 |
| 2016 | — | — | — | — | — | 3 |
| 2015 | — | — | — | — | — | 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
-2.9 %
Net profit / revenue
Return on equity (ROE)
-3.0 %
Net profit / equity
Return on assets (ROA)
-2.6 %
Net profit / assets
Equity ratio
86.7 %
Equity / assets
Debt ratio
13.3 %
Liabilities / assets
Current ratio
4.71
Current assets / current liabilities
Revenue per employee
213 314 €
Revenue / average full-time employees
Labour cost per employee per month
3 146 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 17 Jan 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 9 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 14 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 1 May 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 1 Apr 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 24 May 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 27 Feb 2020 | Company’s own | e-Äriregister |
Board
- Tõnis LeppBoard member · since 12 Aug 2014
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Hiiumaa Lennukompanii OÜLegal person · 12501871 · 2 500 €
Beneficial owners
- Tõnis LeppOver 50% of voting rights in the consolidated entity · since 13 Sep 2018
Founders and other persons
- Kari Juhani LjungbergFounder · 1 000 € · 4 Aug 2014
- Märten VaikmaaFounder · 1 000 € · 4 Aug 2014
- Hiiumaa Lennukompanii OÜFounder · 500 € · 4 Aug 2014
Related companies
Activities (EMTAK)
- 85599Other education n.e.c. Main
- 77351Rental and leasing of air transport equipment
- 85699Educational support activities n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10198898 / 8 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 10198898 / 7 9 May 2018 |
Amendment entry | In force 9 May 2018 |
||
| Ä 10198898 / 6 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 10198898 / 5 7 Dec 2017 |
Amendment entry | In force 7 Dec 2017 |
||
| Ä 10198898 / 4 16 Sep 2016 |
Amendment entry | In force 16 Sep 2016 |
||
| Ä 10198898 / M2 10 May 2016 |
Procedural ruling | In force 10 May 2016 |
||
| Ä 10198898 / 3 11 Nov 2015 |
Amendment entry | In force 11 Nov 2015 |
||
| Ä 10198898 / 2 2 Nov 2015 |
Amendment entry | In force 2 Nov 2015 |
||
| Ä 10198898 / M1 27 Oct 2015 |
Ruling to eliminate deficiencies | 16 Nov 2015 | Deficiencies eliminated 2 Nov 2015 |
|
| Ä 10198898 12 Aug 2014 |
First entry | In force 12 Aug 2014 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data