Norven-Scandinavia OÜ
Active Registry code 14405835
OÜ Kuressaare linn Registered 11 Jan 2018
Norven-Scandinavia OÜ is a OÜ based in Kuressaare linn, registry code 14405835, status: active. Main activity: Wholesale of fish and fish products. According to EMTA, turnover for Q3 2026 was €986 with 6 employees.
Turnover
986 €
↑ 17.2% vs Q2 2026
State taxes
13 112 €
↑ 37.5% vs Q2 2026
Labour taxes
12 666 €
↑ 34.6% vs Q2 2026
Employees
6
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 986 €above 7% of companiesindustry median 60 065 € · companies in the industry: 6 941
- Labour taxes per employee 2 111 €above 50% of companiesindustry median 2 104 € · companies in the industry: 4 194
- Revenue · 2025 49.3 mn €above 98% of companiesindustry median 63 691 € · companies in the industry: 10 038
- Net profit margin · 2025 0.5 %above 35% of companiesindustry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (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 | 986 | 13 112 | 12 666 | 6 |
| Q2 2026 | 841 | 9 537 | 9 412 | 5 |
| Q1 2026 | 1 080 | 7 115 | 7 452 | 4 |
| Q4 2025 | — | 7 514 | 7 818 | 3 |
| Q3 2025 | 1 080 | 6 134 | 6 438 | 2 |
| Q2 2025 | — | 6 134 | 6 438 | 2 |
| Q1 2025 | 120 | 6 350 | 6 690 | 3 |
| Q4 2024 | — | 6 208 | 6 405 | 3 |
| Q3 2024 | — | 5 080 | 5 227 | 1 |
| Q2 2024 | — | 4 405 | 4 551 | 1 |
| Q1 2024 | — | 4 405 | 4 551 | 1 |
| Q4 2023 | — | 4 405 | 4 551 | 1 |
| Q3 2023 | — | 1 468 | 1 517 | 1 |
| Q2 2023 | — | 579 | — | — |
| Q1 2023 | — | 221 | — | — |
| Q4 2022 | — | — | — | — |
| Q3 2022 | — | — | — | — |
| Q2 2022 | — | — | — | — |
Labour taxes per employee per month
704 €
Turnover per employee in the quarter
164 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 49 296 586 | 222 196 | 73 241 | 18 419 275 | 7 890 332 | 3 |
| 2024 | 104 665 040 | 2 628 046 | 53 756 | 19 194 702 | 7 668 136 | 3 |
| 2023 | 85 435 311 | 2 826 858 | 20 785 | 18 962 381 | 5 040 090 | 2 |
| 2022 | 29 971 389 | 1 955 917 | 0 | 14 025 627 | 1 958 439 | 0 |
| 2021 | 0 | 22 | 0 | 23 434 | 2 522 | 0 |
| 2020 | 0 | 2 467 | 0 | 2 860 | 2 500 | 0 |
| 2019 | 0 | -240 | 0 | 33 | 33 | 0 |
| 2018 | — | — | — | — | — | 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
0.5 %
Net profit / revenue
Return on equity (ROE)
2.8 %
Net profit / equity
Return on assets (ROA)
1.2 %
Net profit / assets
Equity ratio
42.8 %
Equity / assets
Debt ratio
57.2 %
Liabilities / assets
Current ratio
3.79
Current assets / current liabilities
Revenue per employee
16 432 195 €
Revenue / average full-time employees
Labour cost per employee per month
2 034 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 11 Aug 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 3 Dec 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 21 Jan 2025 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Dec 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 15 Aug 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 26 Mar 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 3 Sep 2020 | Company’s own | e-Äriregister |
Board
- Oleg LushchykBoard member · since 29 May 2023
- Nataliia HrytsakBoard member · since 10 Dec 2024
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- European Fish Investment Company OÜLegal person · 12029581 · 2 500 €
Beneficial owners
- Oleg LushchykIndirect ownership · UKR · since 24 Apr 2023
Founders and other persons
- European Fish Investment Company OÜFounder · 1 250 € · 10 Nov 2017
- Osaühing SAARE FISHEXPORTFounder · 1 250 € · 10 Nov 2017
Related companies
Activities (EMTAK)
- 46322Wholesale of fish and fish products Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50075756 / 14 15 Sep 2026 |
Amendment entry | In force 15 Sep 2026 |
||
| Ä 50075756 / 13 29 Jul 2026 |
Amendment entry | In force 29 Jul 2026 |
||
| Ä 50075756 / 12 10 Dec 2024 |
Amendment entry | In force 10 Dec 2024 |
||
| Ä 50075756 / M4 4 Sep 2024 |
Warning of deletion from the register: annual report not filed | 8 Dec 2024 | Deficiencies eliminated 21 Jan 2025 |
|
| Ä 50075756 / M3 13 Jul 2024 |
Warning of deletion from the register: annual report not filed | 16 Oct 2024 | Deficiencies eliminated 24 Aug 2024 |
|
| Ä 50075756 / 11 5 Jul 2024 |
Amendment entry | In force 5 Jul 2024 |
||
| Ä 50075756 / 10 16 Apr 2024 |
Amendment entry | In force 16 Apr 2024 |
||
| Ä 50075756 / M2 8 Dec 2023 |
Warning of deletion from the register: annual report not filed | 12 Mar 2024 | Deficiencies eliminated 30 Dec 2023 |
|
| Ä 50075756 / 9 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 50075756 / 8 29 May 2023 |
Amendment entry | In force 29 May 2023 |
||
| Ä 50075756 / 7 25 Jan 2023 |
Amendment entry | In force 25 Jan 2023 |
||
| Ä 50075756 / 6 18 Feb 2022 |
Amendment entry | In force 18 Feb 2022 |
||
| Ä 50075756 / 5 11 Oct 2021 |
Second (constitutive) merger entry | In force 11 Oct 2021 |
||
| Ä 50075756 / 4 18 Mar 2021 |
Amendment under Commercial Code § 525 (2) | In force 18 Mar 2021 |
||
| Ä 50075756 / 3 5 Oct 2020 |
Amendment entry | In force 5 Oct 2020 |
||
| Ä 50075756 / M1 3 Sep 2020 |
Warning of compulsory dissolution: insufficient net assets | 7 Mar 2021 | Deficiencies eliminated 30 Mar 2021 |
|
| Ä 50075756 / 2 20 Jan 2018 |
Amendment entry | In force 20 Jan 2018 |
||
| Ä 50075756 11 Jan 2018 |
First entry | In force 11 Jan 2018 |
Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data