Nordsea Trade OÜ

Active Registry code 12910888 OÜ Tallinn Registered 10 Sep 2015

Nordsea Trade OÜ is a OÜ based in Tallinn, registry code 12910888, status: active. Main activity: Wholesale of fish and fish products. According to EMTA, turnover for Q3 2026 was €172 506 with 3 employees.

Turnover

172 506 €

↓ 19.7% vs Q2 2026

State taxes

1 959 €

↓ 84.2% vs Q2 2026

Labour taxes

2 015 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

Turnover · Q3 2026 172 506 €

above 66% of companies

industry median 60 065 € · companies in the industry: 6 941
Labour taxes per employee 672 €

above 11% of companies

industry median 2 104 € · companies in the industry: 4 194
Revenue · 2025 25.2 mn €

above 98% of companies

industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025 3.9 %

above 56% of companies

industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 172 506 € · −19.7% vs Q2 2026 · industry median 60 065 € · above 66% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 672 € · +0.0% vs Q2 2026 · industry median 2 104 € · above 11% of the industry

Company
Industry median

Industry: Wholesale trade (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

State taxes, € Q3 2026: 1 959 € · −84.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	172 506	1 959	2 015	3
Q2 2026	214 876	12 429	2 015	3
Q1 2026	116 410	1 959	2 015	3
Q4 2025	155 473	3 989	2 015	3
Q3 2025	225 399	2 319	2 015	3
Q2 2025	198 640	23 745	2 015	3
Q1 2025	200 125	4 728	1 963	3
Q4 2024	94 981	1 805	1 859	3
Q3 2024	112 397	1 411	1 448	3
Q2 2024	97 242	5 511	1 243	3
Q1 2024	80 157	1 215	1 243	3
Q4 2023	129 405	1 215	1 243	3
Q3 2023	62 036	1 215	1 243	3
Q2 2023	235 876	5 861	2 388	3
Q1 2023	367 843	4 354	1 772	1
Q4 2022	435 649	615	643	1
Q3 2022	159 099	615	643	1
Q2 2022	81 424	8 064	2 883	1
Q1 2022	820 482	8 984	3 524	1

Labour taxes per employee per month

224 €

Turnover per employee in the quarter

57 502 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 25 218 352 € · +63.3% vs 2024 · industry median 63 691 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 989 411 € · +281.5% vs 2024 · industry median 127 € · above 98% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.9 % · +2.2 pp vs the year before · industry median 2.7 % · above 56% of the industry

Company
Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 5 639 500 € · −3.4% vs 2024

Equity, € thousand 2025: 3 255 848 € · +37.6% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry

Company
Industry median

Industry: Wholesale trade (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	25 218 352	989 411	24 859	5 639 500	3 255 848	3
2024	15 444 290	259 319	21 242	5 839 423	2 366 437	3
2023	10 666 596	253 976	14 446	3 185 548	2 107 118	3
2022	6 841 761	-195 765	6 246	2 491 186	1 853 142	1
2021	5 299 754	476 871	6 246	2 634 825	2 148 907	1
2020	5 443 623	697 697	6 862	2 200 020	1 812 036	2
2019	7 235 706	430 499	13 698	1 756 566	1 214 339	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
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

3.9 %

Net profit / revenue

Return on equity (ROE)

30.4 %

Net profit / equity

Return on assets (ROA)

17.5 %

Net profit / assets

Equity ratio

57.7 %

Equity / assets

Debt ratio

42.3 %

Liabilities / assets

Current ratio

2.35

Current assets / current liabilities

Revenue per employee

8 420 386 €

Revenue / average full-time employees

Labour cost per employee per month

691 €

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	9 Apr 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	18 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	29 Jul 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	27 Jun 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	2 May 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	12 Mar 2021	Company’s own · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	17 Mar 2020	Company’s own · audited	e-Äriregister

Board

Dmitrijs Spasovs
Board member · since 16 Feb 2018

Right of representation

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

Owners

Dmitrijs Spasovs
Natural person · 100 000 €

100%

Beneficial owners

Dmitrijs Spasovs
Direct ownership · since 2 Oct 2018

Founders and other persons

Oksana Podgorelov
Founder · 2 500 € · 10 Sep 2015

shared board members, owners or beneficial owners

Activities (EMTAK)

46322Wholesale of fish and fish products Main
49411Freight transport by road
68201Rental and operating of own or leased real estate

Rulings 17

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50014684 / M5 21 May 2026	Refund of the state fee		In force 21 May 2026	PDF
Ä 50014684 / M4 21 May 2026	Procedural ruling		In force 21 May 2026	PDF
Ä 50014684 / 12 21 May 2026	Amendment entry		In force 21 May 2026	PDF
Ä 50014684 / M3 20 Apr 2026	Ruling to eliminate deficiencies	20 May 2026	Deficiencies eliminated 21 May 2026	PDF
Ä 50014684 / 11 25 Sep 2024	Entry refused		In force 23 Oct 2024	PDF
Ä 50014684 / M2 11 Jul 2024	Warning of deletion from the register: annual report not filed	14 Oct 2024	Deficiencies eliminated 30 Jul 2024	PDF
Ä 50014684 / 10 25 Jun 2024	Amendment under Code of Civil Procedure § 595¹ (1)		In force 25 Jun 2024	PDF
Ä 50014684 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 50014684 / 8 3 May 2023	Amendment entry		In force 3 May 2023	PDF
Ä 50014684 / 7 27 Mar 2019	Amendment entry		In force 27 Mar 2019	PDF
Ä 50014684 / 6 20 Feb 2018	Amendment entry		In force 20 Feb 2018	PDF
Ä 50014684 / 5 16 Feb 2018	Amendment entry		In force 16 Feb 2018	PDF
Ä 50014684 / 4 19 Jan 2018	Amendment entry		In force 19 Jan 2018	PDF
Ä 50014684 / 3 10 Dec 2017	Amendment entry		In force 10 Dec 2017	PDF
Ä 50014684 / 2 14 Sep 2015	Amendment entry		In force 14 Sep 2015	PDF
Ä 50014684 10 Sep 2015	First entry		In force 10 Sep 2015	PDF
Ä 50014684 / M1 8 Sep 2015	Ruling to eliminate deficiencies	23 Sep 2015	Deficiencies eliminated 10 Sep 2015	PDF

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

Nordsea Trade OÜ

Position in the industry Wholesale trade · EMTAK 46

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 17