Nerthe OÜ

Active Registry code 12976410 OÜ Tallinn Registered 12 Jan 2016
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Nerthe OÜ is a OÜ based in Tallinn, registry code 12976410, status: active. Main activity: Activities of attorneys and law offices. According to EMTA, turnover for Q3 2026 was €9 685 with employees.

Turnover
9 685 €
↑ 22.9% vs Q2 2026
State taxes
1 105 €
↑ 14.0% vs Q2 2026
Labour taxes
361 €
↑ 0.0% vs Q2 2026
Employees
—

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

Position in the industry Legal and accounting activities · EMTAK 69

  • Turnover · Q3 2026 9 685 €
    industry median 9 740 € · companies in the industry: 3 327
  • Revenue · 2025 47 570 €
    industry median 12 784 € · companies in the industry: 8 416
  • Net profit margin · 2025 -18.5 %
    industry median 14.8 % · companies in the industry: 6 880

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 9 685 € · +22.9% vs Q2 2026 · industry median 9 740 € · above 50% of the industry
010 00020 00030 000Q4 2023 Company: 27 665 € Industry median: 8 379 €Q4·23Q1 2024 Company: 10 535 € Industry median: 8 662 €Q2 2024 Company: 12 510 € Industry median: 9 055 €Q2·24Q3 2024 Company: 6 555 € Industry median: 9 026 €Q4 2024 Company: 8 670 € Industry median: 8 663 €Q4·24Q1 2025 Company: 3 785 € Industry median: 8 739 €Q2 2025 Company: 3 750 € Industry median: 8 935 €Q2·25Q3 2025 Company: 8 532 € Industry median: 9 025 €Q4 2025 Company: 13 433 € Industry median: 8 820 €Q4·25Q1 2026 Company: 21 789 € Industry median: 9 182 €Q2 2026 Company: 7 880 € Industry median: 9 921 €Q2·26Q3 2026 Company: 9 685 € Industry median: 9 740 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 8 670 € Industry median: 8 663 €Q1 2025 Company: 3 785 € Industry median: 8 739 €Q1·25Q2 2025 Company: 3 750 € Industry median: 8 935 €Q3 2025 Company: 8 532 € Industry median: 9 025 €Q3·25Q4 2025 Company: 13 433 € Industry median: 8 820 €Q1 2026 Company: 21 789 € Industry median: 9 182 €Q1·26Q2 2026 Company: 7 880 € Industry median: 9 921 €Q3 2026 Company: 9 685 € Industry median: 9 740 €Q3·26
  • Company
  • Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 1 105 € · +14.0% vs Q2 2026
010 00020 00030 00040 000Q4 2023 Company: 4 720 €Q4·23Q1 2024 Company: 1 550 €Q2 2024 Company: 1 593 €Q2·24Q3 2024 Company: 784 €Q4 2024 Company: 849 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 597 €Q2·25Q3 2025 Company: 437 €Q4 2025 Company: 222 €Q4·25Q1 2026 Company: 35 926 €Q2 2026 Company: 969 €Q2·26Q3 2026 Company: 1 105 €Q3·26010 00020 00030 00040 000Q4 2024 Company: 849 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 597 €Q3 2025 Company: 437 €Q3·25Q4 2025 Company: 222 €Q1 2026 Company: 35 926 €Q1·26Q2 2026 Company: 969 €Q3 2026 Company: 1 105 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 9 685 1 105 361 —
Q2 2026 7 880 969 361 —
Q1 2026 21 789 35 926 332 —
Q4 2025 13 433 222 274 —
Q3 2025 8 532 437 182 —
Q2 2025 3 750 597 182 —
Q1 2025 3 785 — 182 —
Q4 2024 8 670 849 89 —
Q3 2024 6 555 784 267 —
Q2 2024 12 510 1 593 267 —
Q1 2024 10 535 1 550 267 —
Q4 2023 27 665 4 720 267 —
Q3 2023 9 685 1 266 267 —
Q2 2023 16 027 1 294 267 —
Q1 2023 35 451 5 857 267 —
Q4 2022 27 392 585 267 —
Q3 2022 10 268 1 330 267 —
Q2 2022 11 470 1 360 267 —
Q1 2022 37 515 6 428 267 —

Financials by year

2016 – 2025
Revenue, € thousand 2025: 47 570 € · +32.4% vs 2024 · industry median 12 784 € · above 84% of the industry
0501001502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 47 870 € Industry median: 10 920 €20192020 Company: 119 177 € Industry median: 10 651 €20202021 Company: 127 047 € Industry median: 10 862 €20212022 Company: 85 890 € Industry median: 11 500 €20222023 Company: 57 893 € Industry median: 12 140 €20232024 Company: 35 935 € Industry median: 12 266 €20242025 Company: 47 570 € Industry median: 12 784 €20250501001502018 Company: — Industry median: —2019 Company: 47 870 € Industry median: 10 920 €20192020 Company: 119 177 € Industry median: 10 651 €2021 Company: 127 047 € Industry median: 10 862 €20212022 Company: 85 890 € Industry median: 11 500 €2023 Company: 57 893 € Industry median: 12 140 €20232024 Company: 35 935 € Industry median: 12 266 €2025 Company: 47 570 € Industry median: 12 784 €2025
  • Company
  • Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -8 790 € · +71.4% vs 2024 · industry median 1 062 € · above 2% of the industry
-100 000-50 000050 000100 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 29 819 € Industry median: 1 072 €20192020 Company: 76 927 € Industry median: 1 156 €20202021 Company: 95 420 € Industry median: 1 164 €20212022 Company: 56 402 € Industry median: 1 042 €20222023 Company: -75 356 € Industry median: 1 210 €20232024 Company: -30 765 € Industry median: 987 €20242025 Company: -8 790 € Industry median: 1 062 €2025-100 000-50 000050 000100 0002018 Company: — Industry median: —2019 Company: 29 819 € Industry median: 1 072 €20192020 Company: 76 927 € Industry median: 1 156 €2021 Company: 95 420 € Industry median: 1 164 €20212022 Company: 56 402 € Industry median: 1 042 €2023 Company: -75 356 € Industry median: 1 210 €20232024 Company: -30 765 € Industry median: 987 €2025 Company: -8 790 € Industry median: 1 062 €2025
  • Company
  • Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -18.5 % · +67.1 pp vs the year before · industry median 14.8 % · above 10% of the industry
-150-100-500501002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 62.3 % Industry median: 15.7 %20192020 Company: 64.5 % Industry median: 17.8 %20202021 Company: 75.1 % Industry median: 17.9 %20212022 Company: 65.7 % Industry median: 16.2 %20222023 Company: -130.2 % Industry median: 16.9 %20232024 Company: -85.6 % Industry median: 15.0 %20242025 Company: -18.5 % Industry median: 14.8 %2025-150-100-500501002018 Company: — Industry median: —2019 Company: 62.3 % Industry median: 15.7 %20192020 Company: 64.5 % Industry median: 17.8 %2021 Company: 75.1 % Industry median: 17.9 %20212022 Company: 65.7 % Industry median: 16.2 %2023 Company: -130.2 % Industry median: 16.9 %20232024 Company: -85.6 % Industry median: 15.0 %2025 Company: -18.5 % Industry median: 14.8 %2025
  • Company
  • Industry median

Industry: Legal and accounting activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 103 926 € · −49.8% vs 2024
01002003004002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 76 034 €20192020 Company: 164 752 €20202021 Company: 234 350 €20212022 Company: 317 557 €20222023 Company: 219 120 €20232024 Company: 207 115 €20242025 Company: 103 926 €202501002003004002018 Company: —2019 Company: 76 034 €20192020 Company: 164 752 €2021 Company: 234 350 €20212022 Company: 317 557 €2023 Company: 219 120 €20232024 Company: 207 115 €2025 Company: 103 926 €2025
Equity, € thousand 2025: 52 537 € · −70.5% vs 2024
01002003002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 58 700 €20192020 Company: 132 627 €20202021 Company: 228 047 €20212022 Company: 284 449 €20222023 Company: 209 093 €20232024 Company: 178 328 €20242025 Company: 52 537 €202501002003002018 Company: —2019 Company: 58 700 €20192020 Company: 132 627 €2021 Company: 228 047 €20212022 Company: 284 449 €2023 Company: 209 093 €20232024 Company: 178 328 €2025 Company: 52 537 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Legal and accounting 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 47 570 -8 790 0 103 926 52 537 0
2024 35 935 -30 765 0 207 115 178 328 0
2023 57 893 -75 356 0 219 120 209 093 0
2022 85 890 56 402 0 317 557 284 449 0
2021 127 047 95 420 0 234 350 228 047 0
2020 119 177 76 927 0 164 752 132 627 0
2019 47 870 29 819 0 76 034 58 700 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 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
-18.5 %
Net profit / revenue
Return on equity (ROE)
-16.7 %
Net profit / equity
Return on assets (ROA)
-8.5 %
Net profit / assets
Equity ratio
50.6 %
Equity / assets
Debt ratio
49.4 %
Liabilities / assets
Current ratio
1.79
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 28 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 21 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 4 Dec 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 17 Jul 2023 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 21 Jul 2020 Company’s own e-Äriregister

Board

  • Raul Otsa
    Board member · since 12 Jan 2016

Right of representation

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

Owners

  • Raul Otsa
    Natural person · 2 500 €

Beneficial owners

  • Raul Otsa
    Direct ownership · since 11 Sep 2018

Founders and other persons

  • Raul Otsa
    Founder · 2 500 € · 12 Jan 2016
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 69101Activities of attorneys and law offices Main
Rulings
Number, date Title Deadline State Document
Ä 50022102 / M2
27 Nov 2023
Warning of a fine: annual report not filed 27 Dec 2023 Deficiencies eliminated
5 Dec 2023
PDF
Ä 50022102 / 9
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50022102 / 8
28 Aug 2020
Amendment entry In force
28 Aug 2020
PDF
Ä 50022102 / 7
15 Nov 2019
Amendment entry In force
15 Nov 2019
PDF
Ä 50022102 / M1
6 Nov 2019
Ruling to eliminate deficiencies 6 Dec 2019 Deficiencies eliminated
15 Nov 2019
PDF
Ä 50022102 / 6
13 Feb 2018
Amendment entry In force
13 Feb 2018
PDF
Ä 50022102 / 5
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50022102 / 4
11 Dec 2017
Amendment entry In force
11 Dec 2017
PDF
Ä 50022102 / 3
5 Jan 2017
Amendment entry In force
5 Jan 2017
PDF
Ä 50022102 / 2
15 Jan 2016
Amendment entry In force
15 Jan 2016
PDF
Ä 50022102
12 Jan 2016
First entry In force
12 Jan 2016
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data