Nordicelement Tallinn OÜ

Active Registry code 14372372 OÜ Tallinn Registered 16 Nov 2017
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Nordicelement Tallinn OÜ is a OÜ based in Tallinn, registry code 14372372, status: active. Main activity: Manufacture of concrete products for construction purposes. According to EMTA, turnover for Q3 2026 was €317 187 with 1 employees.

Turnover
317 187 €
↓ 10.9% vs Q2 2026
State taxes
32 058 €
↑ 25.1% vs Q2 2026
Labour taxes
10 280 €
↑ 25.3% vs Q2 2026
Employees
1
−2 vs Q2 2026

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

Position in the industry Manufacture of other non-metallic mineral products · EMTAK 23

  • Turnover · Q3 2026 317 187 €
    industry median 63 103 € · companies in the industry: 231
  • Labour taxes per employee 10 280 €
    industry median 1 860 € · companies in the industry: 208
  • Revenue · 2025 5.7 mn €
    industry median 34 797 € · companies in the industry: 376
  • Net profit margin · 2025 0.2 %
    industry median 2.4 % · companies in the industry: 309

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 317 187 € · −10.9% vs Q2 2026 · industry median 63 103 € · above 71% of the industry
05001 0001 5002 0002 500Q4 2023 Company: 2 477 824 € Industry median: 62 349 €Q4·23Q1 2024 Company: 1 525 936 € Industry median: 44 811 €Q2 2024 Company: 1 077 604 € Industry median: 65 768 €Q2·24Q3 2024 Company: 876 680 € Industry median: 62 989 €Q4 2024 Company: 1 120 361 € Industry median: 62 089 €Q4·24Q1 2025 Company: 1 462 755 € Industry median: 40 759 €Q2 2025 Company: 1 593 359 € Industry median: 67 824 €Q2·25Q3 2025 Company: 2 004 101 € Industry median: 67 530 €Q4 2025 Company: 713 740 € Industry median: 64 934 €Q4·25Q1 2026 Company: 338 664 € Industry median: 38 304 €Q2 2026 Company: 356 096 € Industry median: 56 788 €Q2·26Q3 2026 Company: 317 187 € Industry median: 63 103 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 120 361 € Industry median: 62 089 €Q1 2025 Company: 1 462 755 € Industry median: 40 759 €Q1·25Q2 2025 Company: 1 593 359 € Industry median: 67 824 €Q3 2025 Company: 2 004 101 € Industry median: 67 530 €Q3·25Q4 2025 Company: 713 740 € Industry median: 64 934 €Q1 2026 Company: 338 664 € Industry median: 38 304 €Q1·26Q2 2026 Company: 356 096 € Industry median: 56 788 €Q3 2026 Company: 317 187 € Industry median: 63 103 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 10 280 € · +276.0% vs Q2 2026 · industry median 1 860 € · above 98% of the industry
05 00010 00015 00020 00025 000Q4 2023 Company: 3 096 € Industry median: 1 833 €Q4·23Q1 2024 Company: 3 751 € Industry median: 1 772 €Q2 2024 Company: 2 510 € Industry median: 1 679 €Q2·24Q3 2024 Company: 2 264 € Industry median: 1 932 €Q4 2024 Company: 2 401 € Industry median: 2 075 €Q4·24Q1 2025 Company: 2 834 € Industry median: 2 099 €Q2 2025 Company: 3 005 € Industry median: 1 681 €Q2·25Q3 2025 Company: 22 497 € Industry median: 1 973 €Q4 2025 Company: 1 351 € Industry median: 2 105 €Q4·25Q1 2026 Company: 2 707 € Industry median: 1 818 €Q2 2026 Company: 2 734 € Industry median: 1 762 €Q2·26Q3 2026 Company: 10 280 € Industry median: 1 860 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 2 401 € Industry median: 2 075 €Q1 2025 Company: 2 834 € Industry median: 2 099 €Q1·25Q2 2025 Company: 3 005 € Industry median: 1 681 €Q3 2025 Company: 22 497 € Industry median: 1 973 €Q3·25Q4 2025 Company: 1 351 € Industry median: 2 105 €Q1 2026 Company: 2 707 € Industry median: 1 818 €Q1·26Q2 2026 Company: 2 734 € Industry median: 1 762 €Q3 2026 Company: 10 280 € Industry median: 1 860 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · −66.7% vs Q2 2026
01020304050Q4 2023 Company: 45Q4·23Q1 2024 Company: 33Q2 2024 Company: 29Q2·24Q3 2024 Company: 29Q4 2024 Company: 32Q4·24Q1 2025 Company: 36Q2 2025 Company: 39Q2·25Q3 2025 Company: 6Q4 2025 Company: 5Q4·25Q1 2026 Company: 3Q2 2026 Company: 3Q2·26Q3 2026 Company: 1Q3·26010203040Q4 2024 Company: 32Q1 2025 Company: 36Q1·25Q2 2025 Company: 39Q3 2025 Company: 6Q3·25Q4 2025 Company: 5Q1 2026 Company: 3Q1·26Q2 2026 Company: 3Q3 2026 Company: 1Q3·26
State taxes, € thousand Q3 2026: 32 058 € · +25.1% vs Q2 2026
0100200300400500Q4 2023 Company: 202 221 €Q4·23Q1 2024 Company: 178 975 €Q2 2024 Company: 188 670 €Q2·24Q3 2024 Company: 114 523 €Q4 2024 Company: 138 877 €Q4·24Q1 2025 Company: 190 865 €Q2 2025 Company: 267 409 €Q2·25Q3 2025 Company: 436 471 €Q4 2025 Company: 25 236 €Q4·25Q1 2026 Company: 7 764 €Q2 2026 Company: 25 629 €Q2·26Q3 2026 Company: 32 058 €Q3·260100200300400500Q4 2024 Company: 138 877 €Q1 2025 Company: 190 865 €Q1·25Q2 2025 Company: 267 409 €Q3 2025 Company: 436 471 €Q3·25Q4 2025 Company: 25 236 €Q1 2026 Company: 7 764 €Q1·26Q2 2026 Company: 25 629 €Q3 2026 Company: 32 058 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 317 187 32 058 10 280 1
Q2 2026 356 096 25 629 8 203 3
Q1 2026 338 664 7 764 8 121 3
Q4 2025 713 740 25 236 6 753 5
Q3 2025 2 004 101 436 471 134 983 6
Q2 2025 1 593 359 267 409 117 190 39
Q1 2025 1 462 755 190 865 102 007 36
Q4 2024 1 120 361 138 877 76 825 32
Q3 2024 876 680 114 523 65 655 29
Q2 2024 1 077 604 188 670 72 783 29
Q1 2024 1 525 936 178 975 123 773 33
Q4 2023 2 477 824 202 221 139 306 45
Q3 2023 1 427 006 71 219 120 061 52
Q2 2023 876 109 75 535 109 920 42
Q1 2023 3 141 361 302 057 124 728 43
Q4 2022 4 202 280 365 551 113 315 46
Q3 2022 2 403 441 211 753 111 482 46
Q2 2022 2 350 538 235 967 89 935 40
Q1 2022 1 602 512 138 025 110 303 36
Labour taxes per employee per month
3 427 €
Turnover per employee in the quarter
317 187 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025
Revenue, € thousand 2025: 5 665 875 € · +39.0% vs 2024 · industry median 34 797 € · above 92% of the industry
02 5005 0007 50010 00012 5002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 2 319 341 € Industry median: 39 889 €20192020 Company: 1 854 736 € Industry median: 34 987 €20202021 Company: 4 892 803 € Industry median: 39 699 €20212022 Company: 11 118 609 € Industry median: 38 606 €20222023 Company: 6 285 798 € Industry median: 34 260 €20232024 Company: 4 075 432 € Industry median: 35 834 €20242025 Company: 5 665 875 € Industry median: 34 797 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 2 319 341 € Industry median: 39 889 €20192020 Company: 1 854 736 € Industry median: 34 987 €2021 Company: 4 892 803 € Industry median: 39 699 €20212022 Company: 11 118 609 € Industry median: 38 606 €2023 Company: 6 285 798 € Industry median: 34 260 €20232024 Company: 4 075 432 € Industry median: 35 834 €2025 Company: 5 665 875 € Industry median: 34 797 €2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 10 785 € · +166.5% vs 2024 · industry median 260 € · above 73% of the industry
-10001002003004002017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 200 393 € Industry median: 511 €20192020 Company: 50 224 € Industry median: 309 €20202021 Company: 166 371 € Industry median: 741 €20212022 Company: 320 702 € Industry median: 711 €20222023 Company: 100 203 € Industry median: 169 €20232024 Company: -16 213 € Industry median: 181 €20242025 Company: 10 785 € Industry median: 260 €2025-10001002003004002018 Company: — Industry median: —2019 Company: 200 393 € Industry median: 511 €20192020 Company: 50 224 € Industry median: 309 €2021 Company: 166 371 € Industry median: 741 €20212022 Company: 320 702 € Industry median: 711 €2023 Company: 100 203 € Industry median: 169 €20232024 Company: -16 213 € Industry median: 181 €2025 Company: 10 785 € Industry median: 260 €2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 0.2 % · +0.6 pp vs the year before · industry median 2.4 % · above 35% of the industry
-202468102017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 8.6 % Industry median: 4.1 %20192020 Company: 2.7 % Industry median: 4.6 %20202021 Company: 3.4 % Industry median: 4.5 %20212022 Company: 2.9 % Industry median: 5.0 %20222023 Company: 1.6 % Industry median: 3.6 %20232024 Company: -0.4 % Industry median: 2.5 %20242025 Company: 0.2 % Industry median: 2.4 %2025-202468102018 Company: — Industry median: —2019 Company: 8.6 % Industry median: 4.1 %20192020 Company: 2.7 % Industry median: 4.6 %2021 Company: 3.4 % Industry median: 4.5 %20212022 Company: 2.9 % Industry median: 5.0 %2023 Company: 1.6 % Industry median: 3.6 %20232024 Company: -0.4 % Industry median: 2.5 %2025 Company: 0.2 % Industry median: 2.4 %2025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 004 409 € · −39.1% vs 2024
01 0002 0003 0004 0005 0002017 Company: —20172018 Company: —20182019 Company: 1 123 645 €20192020 Company: 1 579 752 €20202021 Company: 2 858 436 €20212022 Company: 4 079 304 €20222023 Company: 3 595 018 €20232024 Company: 3 292 729 €20242025 Company: 2 004 409 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 1 123 645 €20192020 Company: 1 579 752 €2021 Company: 2 858 436 €20212022 Company: 4 079 304 €2023 Company: 3 595 018 €20232024 Company: 3 292 729 €2025 Company: 2 004 409 €2025
Equity, € thousand 2025: 865 863 € · +1.3% vs 2024
02004006008001 0002017 Company: —20172018 Company: —20182019 Company: 401 793 €20192020 Company: 452 017 €20202021 Company: 450 388 €20212022 Company: 771 090 €20222023 Company: 871 293 €20232024 Company: 855 079 €20242025 Company: 865 863 €202502004006008001 0002018 Company: —2019 Company: 401 793 €20192020 Company: 452 017 €2021 Company: 450 388 €20212022 Company: 771 090 €2023 Company: 871 293 €20232024 Company: 855 079 €2025 Company: 865 863 €2025
Employees 2025: 23 · −30.3% vs 2024 · industry median 3 · above 83% of the industry
010203040502017 Company: 0 Industry median: —20172018 Company: 9 Industry median: 3.520182019 Company: 16 Industry median: 320192020 Company: 22 Industry median: 320202021 Company: 39 Industry median: 420212022 Company: 41 Industry median: 420222023 Company: 44 Industry median: 320232024 Company: 33 Industry median: 320242025 Company: 23 Industry median: 32025010203040502018 Company: 9 Industry median: 3.52019 Company: 16 Industry median: 320192020 Company: 22 Industry median: 32021 Company: 39 Industry median: 420212022 Company: 41 Industry median: 42023 Company: 44 Industry median: 320232024 Company: 33 Industry median: 32025 Company: 23 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of other non-metallic mineral products (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 5 665 875 10 785 733 467 2 004 409 865 863 23
2024 4 075 432 -16 213 855 983 3 292 729 855 079 33
2023 6 285 798 100 203 1 390 874 3 595 018 871 293 44
2022 11 118 609 320 702 1 172 489 4 079 304 771 090 41
2021 4 892 803 166 371 833 195 2 858 436 450 388 39
2020 1 854 736 50 224 436 273 1 579 752 452 017 22
2019 2 319 341 200 393 381 495 1 123 645 401 793 16
2018 — — — — — 9
2017 — — — — — 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
0.2 %
Net profit / revenue
Return on equity (ROE)
1.2 %
Net profit / equity
Return on assets (ROA)
0.5 %
Net profit / assets
Equity ratio
43.2 %
Equity / assets
Debt ratio
56.8 %
Liabilities / assets
Current ratio
2.68
Current assets / current liabilities
Revenue per employee
249 708 €
Revenue / average full-time employees
Labour cost per employee per month
2 657 €
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 29 Apr 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 20 Mar 2026 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 23 Sep 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 31 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 17 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 23 Oct 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 28 Dec 2020 Company’s own · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
4 450 000 € Swedbank AS 22 May 2023 – in force
3 330 000 € Swedbank AS 8 Jul 2022 – in force
2 260 000 € Swedbank AS 5 Mar 2021 – in force
1 110 000 € Swedbank AS 2 Nov 2020 – in force

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 2361Manufacture of concrete products for construction purposes Main
  • 49411Freight transport by road
Rulings
Number, date Title Deadline State Document
Ä 50069859 / M7
19 Aug 2024
Fine for not filing the report 17 Sep 2024 In force
18 Sep 2024
PDF
Ä 50069859 / M6
13 Jul 2024
Warning of a fine: annual report not filed 12 Aug 2024 In force
13 Jul 2024
PDF
Ä 50069859 / 15
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
K 50069859 / 14
22 May 2023
Commercial pledge entered In force
22 May 2023
PDF
K 50069859 / M5
8 Jul 2022
Ruling to eliminate deficiencies 7 Aug 2022 Deficiencies eliminated
8 Jul 2022
PDF
K 50069859 / 13
8 Jul 2022
Commercial pledge entered In force
8 Jul 2022
PDF
Ä 50069859 / M4
25 Oct 2021
Procedural ruling 24 Nov 2021 Deficiencies eliminated
4 Nov 2021
PDF
Ä 50069859 / 12
30 Jul 2021
Amendment entry In force
30 Jul 2021
PDF
K 50069859 / 11
5 Mar 2021
Commercial pledge entered In force
5 Mar 2021
PDF
Ä 50069859 / 10
28 Dec 2020
Amendment entry In force
28 Dec 2020
PDF
K 50069859 / 9
2 Nov 2020
Commercial pledge entered In force
2 Nov 2020
PDF
Ä 50069859 / M3
30 Oct 2020
Ruling to eliminate deficiencies 6 Nov 2020 Deficiencies eliminated
2 Nov 2020
PDF
Ä 50069859 / 8
30 Oct 2020
Amendment entry In force
30 Oct 2020
PDF
Ä 50069859 / M2
8 Sep 2020
Ruling to eliminate deficiencies 23 Oct 2020 Deficiencies eliminated
23 Oct 2020
PDF
Ä 50069859 / 7
8 Feb 2019
Amendment entry In force
8 Feb 2019
PDF
Ä 50069859 / 6
3 Feb 2019
Amendment entry In force
3 Feb 2019
PDF
Ä 50069859 / 5
4 Oct 2018
Amendment entry In force
4 Oct 2018
PDF
Ä 50069859 / 4
1 Oct 2018
Amendment entry In force
1 Oct 2018
PDF
Ä 50069859 / 3
26 Jun 2018
Amendment entry In force
26 Jun 2018
PDF
Ä 50069859 / M1
11 Jun 2018
Procedural ruling 26 Jun 2018 In force
11 Jun 2018
PDF
Ä 50069859 / 2
20 Jan 2018
Amendment entry In force
20 Jan 2018
PDF
Ä 50069859
16 Nov 2017
First entry In force
16 Nov 2017
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data