Nordcode OÜ is a OÜ based in Tallinn, registry code 14032831, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q1 2026 was €0 with employees.
Turnover
0 €
State taxes
—
Labour taxes
—
Employees
—
Q1 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Revenue · 20231.3 mn €
above 98% of companies
industry median 35 893 € · companies in the industry: 10 617
Net profit margin · 2023-1.5 %
above 26% of companies
industry median 4.4 % · companies in the industry: 8 683
Taxes and turnover
Q2 2023 – Q1 2026
Turnover, € Q1 2026: 0 € · industry median 17 425 € · above 2% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q2 2024: 6 205 € · +73.9% vs Q1 2024 · industry median 1 083 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ2 2024: 3 · −25.0% vs Q1 2024State taxes, € Q4 2024: 1 431 € · −82.4% vs Q3 2024
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q1 2026
—
—
—
—
Q4 2025
—
—
—
—
Q3 2025
—
—
—
—
Q2 2025
—
—
—
—
Q1 2025
—
—
—
—
Q4 2024
170
1 431
—
—
Q3 2024
29 144
8 115
4 234
—
Q2 2024
43
17 567
18 616
3
Q1 2024
—
13 678
14 277
4
Q4 2023
54
14 932
15 635
4
Q3 2023
9 533
24 341
26 001
9
Q2 2023
1 951
19 700
20 586
12
Q1 2023
31 261
20 910
21 799
12
Q4 2022
39 363
37 241
39 211
12
Q3 2022
16 850
36 095
38 206
12
Q2 2022
3 634
7 070
8 113
14
Q1 2022
—
22 525
22 192
16
Financials by year
2016 – 2023
Revenue, € thousand 2023: 1 343 041 € · −7.8% vs 2022 · industry median 35 893 € · above 98% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2023: -20 126 € · −406.6% vs 2022 · industry median 580 € · above 2% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2023: -1.5 % · −1.9 pp vs the year before · industry median 4.4 % · above 26% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2023: 177 123 € · +1.0% vs 2022Equity, € thousand 2023: 71 798 € · −21.8% vs 2022Employees2023: 27 · +42.1% vs 2022 · industry median 1 · above 98% of the industry
Company
Industry median
Industry: Specialised construction 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
2023
1 343 041
-20 126
889 701
177 123
71 798
27
2022
1 455 993
6 565
939 251
175 417
91 868
19
2021
1 216 592
37 666
383 975
190 663
139 427
15
2020
1 128 252
24 174
292 780
141 228
99 261
13
2019
1 439 183
95 064
447 850
157 031
117 587
22
2018
—
—
—
—
—
10
2017
—
—
—
—
—
6
2016
—
—
—
—
—
1
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2023
Net profit margin
-1.5 %
Net profit / revenue
Return on equity (ROE)
-28.0 %
Net profit / equity
Return on assets (ROA)
-11.4 %
Net profit / assets
Equity ratio
40.5 %
Equity / assets
Debt ratio
59.5 %
Liabilities / assets
Current ratio
1.45
Current assets / current liabilities
Revenue per employee
49 742 €
Revenue / average full-time employees
Labour cost per employee per month
2 746 €
Labour costs / employees / 12 months (incl. employer taxes)
