Aktsiaselts Nordic Aviation Group
Bankrupt Registry code 12927848
AS Tallinn Registered 9 Oct 2015
Aktsiaselts Nordic Aviation Group is a AS based in Tallinn, registry code 12927848, status: bankrupt. Main activity: Passenger air transport. According to EMTA, turnover for Q3 2026 was €7 312 with employees.
Turnover
7 312 €
↓ 42.8% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 7 312 €above 18% of companiesindustry median 34 626 € · companies in the industry: 35
- Revenue · 2022 23.2 mn €above 98% of companiesindustry median 93 563 € · companies in the industry: 47
Taxes and turnover
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (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 | 7 312 | — | — | — |
| Q2 2026 | 12 787 | — | — | — |
| Q1 2026 | 20 821 | — | — | — |
| Q4 2025 | 21 244 | 190 | 205 | — |
| Q3 2025 | 21 843 | — | — | — |
| Q2 2025 | 54 468 | 18 512 | 19 490 | — |
| Q1 2025 | 1 781 964 | 11 621 | 11 706 | — |
| Q4 2024 | 7 689 069 | — | 169 078 | 8 |
| Q3 2024 | 8 938 864 | 61 155 | 159 962 | 15 |
| Q2 2024 | 9 046 434 | — | 143 111 | 13 |
| Q1 2024 | 9 025 162 | 75 966 | 137 622 | 13 |
| Q4 2023 | 6 802 157 | 126 078 | 171 648 | 16 |
| Q3 2023 | 19 712 024 | 9 658 | 159 652 | 22 |
| Q2 2023 | 16 205 601 | 145 497 | 152 556 | 23 |
| Q1 2023 | 8 716 787 | 146 090 | 151 836 | 23 |
| Q4 2022 | 8 434 192 | 141 620 | 146 963 | 26 |
| Q3 2022 | 3 920 112 | 140 575 | 148 651 | 27 |
| Q2 2022 | 5 940 255 | 178 894 | 171 496 | 30 |
| Q1 2022 | 3 031 844 | 207 773 | 193 424 | 35 |
Financials by year
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Air transport (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|
| 2022 | 23 159 607 | — | 42 003 670 | — | 21 |
| 2021 | 15 083 826 | — | 35 635 668 | — | 26 |
| 2020 | 11 814 288 | -6 019 000 | 40 897 000 | 35 739 000 | 29 |
| 2019 | 47 174 339 | — | 27 808 226 | — | 28 |
| 2018 | — | — | — | — | 53 |
| 2017 | — | — | — | — | 72 |
| 2016 | — | — | — | — | 35 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2022
Revenue per employee
1 102 838 €
Revenue / average full-time employees
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 21 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 3 Aug 2022 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 30 Jun 2021 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 19 Nov 2020 | Consolidated · audited | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 9 600 000 € | Ettevõtluse ja Innovatsiooni Sihtasutus | 21 Oct 2022 – in force |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Remco Ijsbrand Johannes AlthuisBoard member · since 28 Nov 2023
- Charles William Anthony Mackenzie-PhilpsBoard member · since 10 May 2024
- Mihnea-Gabriel RusuBoard member · since 17 Oct 2024
- Indrek LepsooBankruptcy trustee · since 29 Jan 2025
- Tarmo PetersonBankruptcy trustee · since 29 Jan 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Owner in
- 100%
- 100%
Beneficial owners
- Mihnea-Gabriel RusuMember of a senior management body (management or supervisory board) · since 17 Oct 2024
- Vladimir SvetRight to appoint or remove most of the management · since 8 Oct 2024
- Koit KaskelMember of a senior management body (management or supervisory board) · since 19 Jun 2024
- Kadri LandMember of a senior management body (management or supervisory board) · since 6 May 2024
- Remco Ijsbrand Johannes AlthuisMember of a senior management body (management or supervisory board) · since 6 Feb 2024
- Charles William Anthony Mackenzie-PhilpsMember of a senior management body (management or supervisory board) · since 13 Dec 2023
- Sander SalmuMember of a senior management body (management or supervisory board) · since 1 Jun 2023
- Kaupo RaagMember of a senior management body (management or supervisory board) · since 11 May 2021
Founders and other persons
- Majandus- Ja KommunikatsiooniministeeriumFounder · 1 000 000 € · 30 Sep 2015
- Aktsiaselts PricewaterhouseCoopersAudit firm · 23 Nov 2016
- Kadri LandChairman of the supervisory board · 19 Apr 2024
- Sander SalmuSupervisory board member · 1 Jun 2023
- Kaupo RaagSupervisory board member · 19 Apr 2024
- Koit KaskelSupervisory board member · 31 May 2024
- Klen LausMember of the bankruptcy committee · 27 Feb 2025
- Kristina RandveerMember of the bankruptcy committee · 27 Feb 2025
- Paul LukkMember of the bankruptcy committee · 27 Feb 2025
- Omanikukonto: KLIIMAMINISTEERIUMShareholder · 4 000 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 51101Passenger air transport Main
History of changes
| What | Value | Period |
|---|---|---|
| Status | Bankrupt | 29 Jan 2025 – now |
| Status | Active | 9 Oct 2015 – now |
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50016660 / 25 29 Jan 2025 |
Entry to enforce another court decision | In force 29 Jan 2025 |
||
| Ä 50016660 / M11 18 Oct 2024 |
Fine for not filing the report | 2 Nov 2024 | In force 3 Nov 2024 |
|
| Ä 50016660 / 24 17 Oct 2024 |
Amendment entry | In force 17 Oct 2024 |
||
| Ä 50016660 / M10 11 Sep 2024 |
Warning of a fine: annual report not filed | In force 11 Sep 2024 |
||
| Ä 50016660 / M9 13 Aug 2024 |
Fine for not filing the report | 28 Aug 2024 | In force 2 Sep 2024 |
|
| Ä 50016660 / M8 7 Jul 2024 |
Warning of a fine: annual report not filed | 6 Aug 2024 | Deficiencies eliminated 24 Aug 2024 |
|
| Ä 50016660 / 23 10 May 2024 |
Amendment entry | In force 10 May 2024 |
||
| Ä 50016660 / 22 28 Nov 2023 |
Amendment entry | In force 28 Nov 2023 |
||
| Ä 50016660 / 21 4 Aug 2023 |
Amendment entry | In force 4 Aug 2023 |
||
| Ä 50016660 / 20 2 Aug 2023 |
Amendment entry | In force 2 Aug 2023 |
||
| Ä 50016660 / 19 5 Jan 2023 |
Amendment entry | In force 5 Jan 2023 |
||
| Ä 50016660 / M7 4 Jan 2023 |
Ruling to eliminate deficiencies | 18 Jan 2023 | Deficiencies eliminated 5 Jan 2023 |
|
| K 50016660 / 18 21 Oct 2022 |
Commercial pledge entered | In force 21 Oct 2022 |
||
| Ä 50016660 / M6 27 Jul 2022 |
Ruling to eliminate deficiencies in the annual report | 26 Aug 2022 | Deficiencies eliminated 3 Aug 2022 |
|
| Ä 50016660 / 17 29 Jun 2022 |
Amendment entry | In force 29 Jun 2022 |
||
| Ä 50016660 / 16 16 Jan 2022 |
Amendment entry | In force 16 Jan 2022 |
||
| Ä 50016660 / 15 3 Aug 2021 |
Amendment entry | In force 3 Aug 2021 |
||
| Ä 50016660 / 14 13 Nov 2020 |
Amendment entry | In force 13 Nov 2020 |
||
| Ä 50016660 / M5 11 Nov 2020 |
Ruling to eliminate deficiencies | 26 Nov 2020 | Deficiencies eliminated 13 Nov 2020 |
|
| Ä 50016660 / 13 7 May 2020 |
Amendment entry | In force 7 May 2020 |
||
| Ä 50016660 / 12 16 Sep 2019 |
Amendment entry | In force 16 Sep 2019 |
||
| Ä 50016660 / M4 20 May 2019 |
Ruling to eliminate deficiencies | 3 Jun 2019 | Deficiencies eliminated 20 May 2019 |
|
| Ä 50016660 / 11 20 May 2019 |
Amendment entry | In force 20 May 2019 |
||
| Ä 50016660 / 10 1 Feb 2019 |
Amendment entry | In force 1 Feb 2019 |
||
| Ä 50016660 / 9 9 Oct 2018 |
Amendment entry | In force 9 Oct 2018 |
||
| Ä 50016660 / 8 19 Jul 2018 |
Amendment entry | In force 19 Jul 2018 |
||
| Ä 50016660 / 7 20 Jan 2018 |
Amendment entry | In force 20 Jan 2018 |
||
| Ä 50016660 / 6 30 Nov 2017 |
Amendment under Commercial Code § 525 (2) | In force 30 Nov 2017 |
||
| Ä 50016660 / 5 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 50016660 / M3 14 Sep 2017 |
Ruling to eliminate deficiencies in the annual report | 14 Oct 2017 | Deficiencies eliminated 13 Oct 2017 |
|
| Ä 50016660 / 4 27 Jun 2016 |
Amendment entry | In force 27 Jun 2016 |
||
| Ä 50016660 / 3 14 Jan 2016 |
Amendment under Commercial Code § 525 (2) | In force 14 Jan 2016 |
||
| Ä 50016660 / 2 19 Nov 2015 |
Amendment entry | In force 19 Nov 2015 |
||
| Ä 50016660 / M2 13 Nov 2015 |
Ruling to eliminate deficiencies | 28 Nov 2015 | Deficiencies eliminated 19 Nov 2015 |
|
| Ä 50016660 / M1 9 Oct 2015 |
Ruling to eliminate deficiencies | 29 Oct 2015 | Deficiencies eliminated 9 Oct 2015 |
|
| Ä 50016660 9 Oct 2015 |
First entry | In force 9 Oct 2015 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data