Nordic Milk OÜ
Nordic Milk OÜ is a OÜ based in Tallinn, registry code 14467291, status: active. Main activity: Manufacture of dairy products. According to EMTA, turnover for Q3 2026 was €52 774 927 with 58 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 52.8 mn €above 98% of companiesindustry median 45 078 € · companies in the industry: 614
- Labour taxes per employee 4 668 €above 98% of companiesindustry median 1 325 € · companies in the industry: 551
- Revenue · 2025 228.3 mn €above 98% of companiesindustry median 18 772 € · companies in the industry: 1 075
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 52 774 927 | — | 270 733 | 58 |
| Q2 2026 | 55 535 538 | — | 282 311 | 59 |
| Q1 2026 | 57 179 438 | — | 290 674 | 60 |
| Q4 2025 | 61 614 012 | — | 296 123 | 60 |
| Q3 2025 | 63 685 459 | — | 298 712 | 61 |
| Q2 2025 | 63 022 101 | — | 419 886 | 60 |
| Q1 2025 | 59 961 120 | — | 346 116 | 64 |
| Q4 2024 | 56 388 197 | — | 303 125 | 64 |
| Q3 2024 | 47 026 510 | 3 063 | 317 329 | 63 |
| Q2 2024 | 27 261 270 | 309 266 | 314 894 | 64 |
| Q1 2024 | 28 054 594 | 183 830 | 316 712 | 62 |
| Q4 2023 | 28 110 920 | 6 939 | 285 704 | 61 |
| Q3 2023 | 29 244 430 | — | 294 484 | 59 |
| Q2 2023 | 31 846 155 | — | 282 428 | 60 |
| Q1 2023 | 30 144 299 | 272 970 | 290 340 | 59 |
| Q4 2022 | 25 438 106 | 257 776 | 271 585 | 63 |
| Q3 2022 | 23 106 201 | 424 453 | 283 536 | 61 |
| Q2 2022 | 23 776 087 | 507 661 | 240 057 | 60 |
| Q1 2022 | 21 577 294 | 312 106 | 239 698 | 57 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of food products (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 | 228 261 827 | — | — | 70 174 756 | — | 62 |
| 2024 | 141 251 013 | -5 068 234 | — | 65 772 563 | 44 037 002 | 61 |
| 2023 | 113 723 860 | — | — | 68 424 368 | — | 61 |
| 2022 | 87 664 553 | -94 580 | — | 66 207 136 | 51 710 710 | 55 |
| 2021 | 69 138 396 | 285 483 | — | 59 505 824 | 51 805 290 | 49 |
| 2020 | 663 324 | — | — | 53 538 248 | — | 46 |
| 2019 | 0 | 0 | 0 | 5 300 | 2 500 | 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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 30 Jun 2026 | Consolidated · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 1 Jul 2024 | Consolidated · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 18 Jul 2023 | Consolidated · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 30 Jun 2023 | Consolidated · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 5 Jan 2022 | Consolidated · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 2 Oct 2020 | Company’s own | e-Äriregister |
Commercial pledges
| No. | Amount | Pledgee | Period |
|---|---|---|---|
| 1 | 2 100 000 € | AS SEB Pank | 31 Mar 2025 – in force |
Board
- Silver KaurBoard member · since 10 Mar 2025
- Karl KaljumäeBoard member · since 30 Apr 2025
- Nasdaq CSD SEKeeper of the share register · since 3 Jul 2020
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Omanikukonto: MAAG FOOD OÜLegal person · 16793072 · 517 613 €
Owner in
- 100%
Beneficial owners
- Toomas JuhaniIndirect ownership · since 19 Mar 2026
- Roland LeppIndirect ownership · since 15 Oct 2018
Founders and other persons
- AS Maag GruppFounder · 2 500 € · 9 Apr 2018
- KPMG Baltics OÜAudit firm · 9 Jul 2020
- Roland LeppChairman of the supervisory board · 4 Nov 2025
- Sven PappSupervisory board member · 4 Nov 2025
- Toomas JuhaniSupervisory board member · 4 Nov 2025
Related companies
Activities (EMTAK)
- 1051Manufacture of dairy products Main
- 46331Wholesale of dairy products, eggs and edible oils and fats
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50091862 / 10 24 Sep 2025 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 24 Sep 2025 |
||
| Ä 50091862 / 9 30 Apr 2025 |
Amendment entry | In force 30 Apr 2025 |
||
| K 50091862 / 8 31 Mar 2025 |
Commercial pledge entered | In force 31 Mar 2025 |
||
| Ä 50091862 / 7 10 Mar 2025 |
Amendment entry | In force 10 Mar 2025 |
||
| Ä 50091862 / 6 3 Jan 2024 |
Amendment entry | In force 3 Jan 2024 |
||
| Ä 50091862 / M1 21 Dec 2023 |
Ruling to correct data outside an entry | 4 Jan 2024 | Deficiencies eliminated 22 Dec 2023 |
|
| Ä 50091862 / 5 5 Jan 2022 |
Amendment entry | In force 5 Jan 2022 |
||
| Ä 50091862 / 4 16 Jul 2020 |
Amendment entry | In force 16 Jul 2020 |
||
| Ä 50091862 / 3 3 Jul 2020 |
Amendment entry | In force 3 Jul 2020 |
||
| Ä 50091862 / 2 12 Dec 2019 |
Amendment entry | In force 12 Dec 2019 |
||
| Ä 50091862 10 Apr 2018 |
First entry | In force 10 Apr 2018 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data