Nordbau OÜ

Active Registry code 12861121 OÜ Tartu linn Registered 4 Jun 2015
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Nordbau OÜ is a OÜ based in Tartu linn, registry code 12861121, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €65 749 with 3 employees.

Turnover
65 749 €
↑ 1.6% vs Q2 2026
State taxes
9 593 €
↑ 81.7% vs Q2 2026
Labour taxes
2 705 €
↓ 9.3% vs Q2 2026
Employees
3
±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 65 749 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 902 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 345 934 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 9.8 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 65 749 € · +1.6% vs Q2 2026 · industry median 25 252 € · above 71% of the industry
050100150Q4 2023 Company: 45 657 € Industry median: 26 427 €Q4·23Q1 2024 Company: 29 220 € Industry median: 19 618 €Q2 2024 Company: 29 918 € Industry median: 21 373 €Q2·24Q3 2024 Company: 60 019 € Industry median: 26 160 €Q4 2024 Company: 81 534 € Industry median: 25 496 €Q4·24Q1 2025 Company: 62 549 € Industry median: 19 568 €Q2 2025 Company: 41 645 € Industry median: 22 577 €Q2·25Q3 2025 Company: 85 408 € Industry median: 25 533 €Q4 2025 Company: 133 965 € Industry median: 25 721 €Q4·25Q1 2026 Company: 112 362 € Industry median: 20 483 €Q2 2026 Company: 64 726 € Industry median: 22 672 €Q2·26Q3 2026 Company: 65 749 € Industry median: 25 252 €Q3·26050100150Q4 2024 Company: 81 534 € Industry median: 25 496 €Q1 2025 Company: 62 549 € Industry median: 19 568 €Q1·25Q2 2025 Company: 41 645 € Industry median: 22 577 €Q3 2025 Company: 85 408 € Industry median: 25 533 €Q3·25Q4 2025 Company: 133 965 € Industry median: 25 721 €Q1 2026 Company: 112 362 € Industry median: 20 483 €Q1·26Q2 2026 Company: 64 726 € Industry median: 22 672 €Q3 2026 Company: 65 749 € Industry median: 25 252 €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: 902 € · −9.3% vs Q2 2026 · industry median 1 211 € · above 28% of the industry
05001 0001 500Q4 2023 Company: 538 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 009 € Industry median: 1 097 €Q2 2024 Company: 608 € Industry median: 1 083 €Q2·24Q3 2024 Company: 572 € Industry median: 1 142 €Q4 2024 Company: 676 € Industry median: 1 179 €Q4·24Q1 2025 Company: 595 € Industry median: 1 188 €Q2 2025 Company: 996 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 063 € Industry median: 1 208 €Q4 2025 Company: 1 425 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 084 € Industry median: 1 183 €Q2 2026 Company: 994 € Industry median: 1 166 €Q2·26Q3 2026 Company: 902 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: 676 € Industry median: 1 179 €Q1 2025 Company: 595 € Industry median: 1 188 €Q1·25Q2 2025 Company: 996 € Industry median: 1 149 €Q3 2025 Company: 1 063 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 425 € Industry median: 1 254 €Q1 2026 Company: 1 084 € Industry median: 1 183 €Q1·26Q2 2026 Company: 994 € Industry median: 1 166 €Q3 2026 Company: 902 € Industry median: 1 211 €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: 3 · +0.0% vs Q2 2026
0123Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 3Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 3Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 9 593 € · +81.7% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 12 137 €Q4·23Q1 2024 Company: 8 276 €Q2 2024 Company: 11 370 €Q2·24Q3 2024 Company: 3 479 €Q4 2024 Company: 12 541 €Q4·24Q1 2025 Company: 2 032 €Q2 2025 Company: 7 085 €Q2·25Q3 2025 Company: 10 242 €Q4 2025 Company: 11 993 €Q4·25Q1 2026 Company: 16 003 €Q2 2026 Company: 5 279 €Q2·26Q3 2026 Company: 9 593 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 12 541 €Q1 2025 Company: 2 032 €Q1·25Q2 2025 Company: 7 085 €Q3 2025 Company: 10 242 €Q3·25Q4 2025 Company: 11 993 €Q1 2026 Company: 16 003 €Q1·26Q2 2026 Company: 5 279 €Q3 2026 Company: 9 593 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 65 749 9 593 2 705 3
Q2 2026 64 726 5 279 2 983 3
Q1 2026 112 362 16 003 3 251 3
Q4 2025 133 965 11 993 4 276 3
Q3 2025 85 408 10 242 3 190 3
Q2 2025 41 645 7 085 2 988 3
Q1 2025 62 549 2 032 1 786 3
Q4 2024 81 534 12 541 2 028 3
Q3 2024 60 019 3 479 1 717 3
Q2 2024 29 918 11 370 1 824 3
Q1 2024 29 220 8 276 1 009 1
Q4 2023 45 657 12 137 538 1
Q3 2023 60 404 10 113 420 1
Q2 2023 28 514 33 798 840 1
Q1 2023 324 083 42 324 840 1
Q4 2022 121 750 — — 2
Q3 2022 153 750 129 — 2
Q2 2022 124 666 23 900 — 2
Q1 2022 6 485 — — 2
Labour taxes per employee per month
301 €
Turnover per employee in the quarter
21 916 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 345 934 € · +61.2% vs 2024 · industry median 38 239 € · above 85% of the industry
01002003004005002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 41 182 € Industry median: 38 887 €20192020 Company: 24 218 € Industry median: 35 421 €20202021 Company: 25 595 € Industry median: 38 300 €20212022 Company: 416 445 € Industry median: 39 550 €20222023 Company: 453 153 € Industry median: 37 270 €20232024 Company: 214 552 € Industry median: 37 693 €20242025 Company: 345 934 € Industry median: 38 239 €202501002003004005002018 Company: — Industry median: —2019 Company: 41 182 € Industry median: 38 887 €20192020 Company: 24 218 € Industry median: 35 421 €2021 Company: 25 595 € Industry median: 38 300 €20212022 Company: 416 445 € Industry median: 39 550 €2023 Company: 453 153 € Industry median: 37 270 €20232024 Company: 214 552 € Industry median: 37 693 €2025 Company: 345 934 € 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, € 2025: 33 742 € · −31.4% vs 2024 · industry median 411 € · above 89% of the industry
-20 000020 00040 00060 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 12 089 € Industry median: 643 €20192020 Company: 6 819 € Industry median: 281 €20202021 Company: -8 417 € Industry median: 315 €20212022 Company: 8 616 € Industry median: 398 €20222023 Company: 12 884 € Industry median: 253 €20232024 Company: 49 168 € Industry median: 108 €20242025 Company: 33 742 € Industry median: 411 €2025-20 000020 00040 00060 0002018 Company: — Industry median: —2019 Company: 12 089 € Industry median: 643 €20192020 Company: 6 819 € Industry median: 281 €2021 Company: -8 417 € Industry median: 315 €20212022 Company: 8 616 € Industry median: 398 €2023 Company: 12 884 € Industry median: 253 €20232024 Company: 49 168 € Industry median: 108 €2025 Company: 33 742 € 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: 9.8 % · −13.2 pp vs the year before · industry median 3.5 % · above 66% of the industry
-40-20020402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29.4 % Industry median: 4.5 %20192020 Company: 28.2 % Industry median: 4.0 %20202021 Company: -32.9 % Industry median: 3.8 %20212022 Company: 2.1 % Industry median: 3.9 %20222023 Company: 2.8 % Industry median: 3.9 %20232024 Company: 22.9 % Industry median: 2.8 %20242025 Company: 9.8 % Industry median: 3.5 %2025-40-20020402018 Company: — Industry median: —2019 Company: 29.4 % Industry median: 4.5 %20192020 Company: 28.2 % Industry median: 4.0 %2021 Company: -32.9 % Industry median: 3.8 %20212022 Company: 2.1 % Industry median: 3.9 %2023 Company: 2.8 % Industry median: 3.9 %20232024 Company: 22.9 % Industry median: 2.8 %2025 Company: 9.8 % 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: 231 204 € · +64.8% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 16 303 €20192020 Company: 22 909 €20202021 Company: 302 476 €20212022 Company: 226 793 €20222023 Company: 93 896 €20232024 Company: 140 275 €20242025 Company: 231 204 €202501002003004002018 Company: —2019 Company: 16 303 €20192020 Company: 22 909 €2021 Company: 302 476 €20212022 Company: 226 793 €2023 Company: 93 896 €20232024 Company: 140 275 €2025 Company: 231 204 €2025
Equity, € thousand 2025: 115 125 € · +41.5% vs 2024
02550751001252016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 312 €20192020 Company: 19 131 €20202021 Company: 10 714 €20212022 Company: 19 330 €20222023 Company: 32 214 €20232024 Company: 81 382 €20242025 Company: 115 125 €202502550751001252018 Company: —2019 Company: 12 312 €20192020 Company: 19 131 €2021 Company: 10 714 €20212022 Company: 19 330 €2023 Company: 32 214 €20232024 Company: 81 382 €2025 Company: 115 125 €2025
Employees 2025: 3 · +50.0% vs 2024 · industry median 2 · above 65% of the industry
01232016 Company: 3 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 220242025 Company: 3 Industry median: 2202501232018 Company: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 2 Industry median: 22025 Company: 3 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 345 934 33 742 38 016 231 204 115 125 3
2024 214 552 49 168 23 782 140 275 81 382 2
2023 453 153 12 884 13 499 93 896 32 214 1
2022 416 445 8 616 1 338 226 793 19 330 1
2021 25 595 -8 417 0 302 476 10 714 0
2020 24 218 6 819 0 22 909 19 131 0
2019 41 182 12 089 3 470 16 303 12 312 1
2018 — — — — — 1
2017 — — — — — 0
2016 — — — — — 3
2015 — — — — — 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
9.8 %
Net profit / revenue
Return on equity (ROE)
29.3 %
Net profit / equity
Return on assets (ROA)
14.6 %
Net profit / assets
Equity ratio
49.8 %
Equity / assets
Debt ratio
50.2 %
Liabilities / assets
Current ratio
2.23
Current assets / current liabilities
Revenue per employee
115 311 €
Revenue / average full-time employees
Labour cost per employee per month
1 056 €
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 8 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Jul 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Dec 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 10 Dec 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 7 Dec 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50009434 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50009434 / 6
2 Jul 2021
Amendment entry In force
2 Jul 2021
PDF
Ä 50009434 / 5
16 Jan 2019
Amendment entry In force
16 Jan 2019
PDF
Ä 50009434 / 4
12 Apr 2018
Amendment entry In force
12 Apr 2018
PDF
Ä 50009434 / M1
3 Apr 2018
Ruling to eliminate deficiencies 3 May 2018 Deficiencies eliminated
12 Apr 2018
PDF
Ä 50009434 / 3
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50009434 / 2
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50009434
4 Jun 2015
First entry In force
4 Jun 2015
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data