Nordic Machining OÜ

Active Registry code 14808591 OÜ Tartu linn Registered 19 Sep 2019
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Nordic Machining OÜ is a OÜ based in Tartu linn, registry code 14808591, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €72 577 with 4 employees.

Turnover
72 577 €
↑ 17.4% vs Q2 2026
State taxes
18 532 €
Labour taxes
9 316 €
↑ 6.5% vs Q2 2026
Employees
4
−2 vs Q2 2026

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

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Turnover · Q3 2026 72 577 €
    industry median 54 051 € · companies in the industry: 1 358
  • Labour taxes per employee 2 329 €
    industry median 1 944 € · companies in the industry: 1 121
  • Revenue · 2025 225 227 €
    industry median 71 144 € · companies in the industry: 1 712
  • Net profit margin · 2025 9.4 %
    industry median 3.4 % · companies in the industry: 1 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 72 577 € · +17.4% vs Q2 2026 · industry median 54 051 € · above 55% of the industry
020 00040 00060 00080 000Q4 2023 Company: 45 353 € Industry median: 47 931 €Q4·23Q1 2024 Company: 60 816 € Industry median: 39 673 €Q2 2024 Company: 44 918 € Industry median: 43 108 €Q2·24Q3 2024 Company: 48 907 € Industry median: 46 432 €Q4 2024 Company: 52 872 € Industry median: 49 785 €Q4·24Q1 2025 Company: 73 912 € Industry median: 42 425 €Q2 2025 Company: 63 957 € Industry median: 50 007 €Q2·25Q3 2025 Company: 53 395 € Industry median: 48 528 €Q4 2025 Company: 55 103 € Industry median: 53 452 €Q4·25Q1 2026 Company: 66 405 € Industry median: 45 198 €Q2 2026 Company: 61 798 € Industry median: 54 700 €Q2·26Q3 2026 Company: 72 577 € Industry median: 54 051 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 52 872 € Industry median: 49 785 €Q1 2025 Company: 73 912 € Industry median: 42 425 €Q1·25Q2 2025 Company: 63 957 € Industry median: 50 007 €Q3 2025 Company: 53 395 € Industry median: 48 528 €Q3·25Q4 2025 Company: 55 103 € Industry median: 53 452 €Q1 2026 Company: 66 405 € Industry median: 45 198 €Q1·26Q2 2026 Company: 61 798 € Industry median: 54 700 €Q3 2026 Company: 72 577 € Industry median: 54 051 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 2 329 € · +59.7% vs Q2 2026 · industry median 1 944 € · above 59% of the industry
01 0002 0003 0004 000Q4 2023 Company: 2 652 € Industry median: 1 751 €Q4·23Q1 2024 Company: 2 861 € Industry median: 1 757 €Q2 2024 Company: 2 627 € Industry median: 1 735 €Q2·24Q3 2024 Company: 2 865 € Industry median: 1 864 €Q4 2024 Company: 2 583 € Industry median: 1 892 €Q4·24Q1 2025 Company: 3 083 € Industry median: 1 847 €Q2 2025 Company: 3 002 € Industry median: 1 858 €Q2·25Q3 2025 Company: 3 334 € Industry median: 1 902 €Q4 2025 Company: 3 143 € Industry median: 2 028 €Q4·25Q1 2026 Company: 2 307 € Industry median: 1 906 €Q2 2026 Company: 1 458 € Industry median: 1 845 €Q2·26Q3 2026 Company: 2 329 € Industry median: 1 944 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 583 € Industry median: 1 892 €Q1 2025 Company: 3 083 € Industry median: 1 847 €Q1·25Q2 2025 Company: 3 002 € Industry median: 1 858 €Q3 2025 Company: 3 334 € Industry median: 1 902 €Q3·25Q4 2025 Company: 3 143 € Industry median: 2 028 €Q1 2026 Company: 2 307 € Industry median: 1 906 €Q1·26Q2 2026 Company: 1 458 € Industry median: 1 845 €Q3 2026 Company: 2 329 € Industry median: 1 944 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · −33.3% vs Q2 2026
0246Q4 2023 Company: 3Q4·23Q1 2024 Company: 3Q2 2024 Company: 3Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 4Q2 2026 Company: 6Q2·26Q3 2026 Company: 4Q3·260246Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 4Q1·26Q2 2026 Company: 6Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 18 532 €
05 00010 00015 00020 000Q4 2023 Company: 12 199 €Q4·23Q1 2024 Company: 14 596 €Q2 2024 Company: 12 249 €Q2·24Q3 2024 Company: 14 010 €Q4 2024 Company: 13 836 €Q4·24Q1 2025 Company: 16 145 €Q2 2025 Company: 16 421 €Q2·25Q3 2025 Company: 16 390 €Q4 2025 Company: 14 906 €Q4·25Q1 2026 Company: 15 858 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 18 532 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 13 836 €Q1 2025 Company: 16 145 €Q1·25Q2 2025 Company: 16 421 €Q3 2025 Company: 16 390 €Q3·25Q4 2025 Company: 14 906 €Q1 2026 Company: 15 858 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 18 532 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 72 577 18 532 9 316 4
Q2 2026 61 798 — 8 750 6
Q1 2026 66 405 15 858 9 229 4
Q4 2025 55 103 14 906 9 428 3
Q3 2025 53 395 16 390 10 002 3
Q2 2025 63 957 16 421 9 005 3
Q1 2025 73 912 16 145 9 250 3
Q4 2024 52 872 13 836 7 750 3
Q3 2024 48 907 14 010 8 596 3
Q2 2024 44 918 12 249 7 881 3
Q1 2024 60 816 14 596 8 584 3
Q4 2023 45 353 12 199 7 956 3
Q3 2023 40 407 11 898 8 920 3
Q2 2023 61 584 13 458 7 993 2
Q1 2023 49 041 11 608 8 175 2
Q4 2022 46 062 9 787 6 987 2
Q3 2022 50 761 10 106 7 882 2
Q2 2022 44 253 10 443 7 622 2
Q1 2022 39 280 8 351 5 792 2
Labour taxes per employee per month
776 €
Turnover per employee in the quarter
18 144 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 225 227 € · +13.9% vs 2024 · industry median 71 144 € · above 66% of the industry
0501001502002502020 Company: 153 397 € Industry median: 80 652 €20202021 Company: 140 676 € Industry median: 85 610 €20212022 Company: 188 561 € Industry median: 84 505 €20222023 Company: 195 585 € Industry median: 79 655 €20232024 Company: 197 744 € Industry median: 75 081 €20242025 Company: 225 227 € Industry median: 71 144 €20250501001502002502020 Company: 153 397 € Industry median: 80 652 €2021 Company: 140 676 € Industry median: 85 610 €20212022 Company: 188 561 € Industry median: 84 505 €2023 Company: 195 585 € Industry median: 79 655 €20232024 Company: 197 744 € Industry median: 75 081 €2025 Company: 225 227 € Industry median: 71 144 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 21 159 € · +212.6% vs 2024 · industry median 904 € · above 77% of the industry
-20 000-10 000010 00020 00030 0002020 Company: 4 180 € Industry median: 1 618 €20202021 Company: 11 893 € Industry median: 2 495 €20212022 Company: -10 232 € Industry median: 3 066 €20222023 Company: 209 € Industry median: 1 431 €20232024 Company: 6 768 € Industry median: 714 €20242025 Company: 21 159 € Industry median: 904 €2025-20 000-10 000010 00020 00030 0002020 Company: 4 180 € Industry median: 1 618 €2021 Company: 11 893 € Industry median: 2 495 €20212022 Company: -10 232 € Industry median: 3 066 €2023 Company: 209 € Industry median: 1 431 €20232024 Company: 6 768 € Industry median: 714 €2025 Company: 21 159 € Industry median: 904 €2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.4 % · +6.0 pp vs the year before · industry median 3.4 % · above 67% of the industry
-10-505102020 Company: 2.7 % Industry median: 3.7 %20202021 Company: 8.5 % Industry median: 4.4 %20212022 Company: -5.4 % Industry median: 5.1 %20222023 Company: 0.1 % Industry median: 4.2 %20232024 Company: 3.4 % Industry median: 2.9 %20242025 Company: 9.4 % Industry median: 3.4 %2025-10-505102020 Company: 2.7 % Industry median: 3.7 %2021 Company: 8.5 % Industry median: 4.4 %20212022 Company: -5.4 % Industry median: 5.1 %2023 Company: 0.1 % Industry median: 4.2 %20232024 Company: 3.4 % Industry median: 2.9 %2025 Company: 9.4 % Industry median: 3.4 %2025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 59 172 € · +61.0% vs 2024
020 00040 00060 0002020 Company: 35 814 €20202021 Company: 33 550 €20212022 Company: 27 079 €20222023 Company: 30 208 €20232024 Company: 36 758 €20242025 Company: 59 172 €2025020 00040 00060 0002020 Company: 35 814 €2021 Company: 33 550 €20212022 Company: 27 079 €2023 Company: 30 208 €20232024 Company: 36 758 €2025 Company: 59 172 €2025
Equity, € 2025: 37 977 € · +125.8% vs 2024
010 00020 00030 00040 0002020 Company: 8 180 €20202021 Company: 20 073 €20212022 Company: 9 841 €20222023 Company: 10 050 €20232024 Company: 16 818 €20242025 Company: 37 977 €2025010 00020 00030 00040 0002020 Company: 8 180 €2021 Company: 20 073 €20212022 Company: 9 841 €2023 Company: 10 050 €20232024 Company: 16 818 €2025 Company: 37 977 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 3 · above 50% of the industry
01232020 Company: 3 Industry median: 320202021 Company: 3 Industry median: 320212022 Company: 2 Industry median: 320222023 Company: 3 Industry median: 320232024 Company: 3 Industry median: 320242025 Company: 3 Industry median: 3202501232020 Company: 3 Industry median: 32021 Company: 3 Industry median: 320212022 Company: 2 Industry median: 32023 Company: 3 Industry median: 320232024 Company: 3 Industry median: 32025 Company: 3 Industry median: 32025
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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 225 227 21 159 88 900 59 172 37 977 3
2024 197 744 6 768 80 348 36 758 16 818 3
2023 195 585 209 82 132 30 208 10 050 3
2022 188 561 -10 232 74 790 27 079 9 841 2
2021 140 676 11 893 51 990 33 550 20 073 3
2020 153 397 4 180 56 385 35 814 8 180 3

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
9.4 %
Net profit / revenue
Return on equity (ROE)
55.7 %
Net profit / equity
Return on assets (ROA)
35.8 %
Net profit / assets
Equity ratio
64.2 %
Equity / assets
Debt ratio
35.8 %
Liabilities / assets
Current ratio
2.73
Current assets / current liabilities
Revenue per employee
75 076 €
Revenue / average full-time employees
Labour cost per employee per month
2 469 €
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 26 Jan 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 7 Feb 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 5 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 8 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 26 Apr 2022 Company’s own e-Äriregister
2020 19 Sep 2019 – 31 Dec 2020 26 Apr 2021 Company’s own e-Äriregister

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)

  • 25531Machining of metals Main
  • 68201Rental and operating of own or leased real estate
Rulings
Number, date Title Deadline State Document
Ä 50128745 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50128745 / 2
26 Apr 2021
Amendment entry In force
26 Apr 2021
PDF
Ä 50128745
19 Sep 2019
First entry In force
19 Sep 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data