Norestal Build OÜ

Active Registry code 14827708 OÜ Tartu linn Registered 16 Oct 2019
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Norestal Build OÜ is a OÜ based in Tartu linn, registry code 14827708, status: active. Main activity: Other building completion and finishing. According to EMTA, turnover for Q3 2026 was €10 246 with employees.

Turnover
10 246 €
↓ 46.8% vs Q2 2026
State taxes
0 €
↓ 100.0% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 10 246 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 24 094 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 2.7 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 10 246 € · −46.8% vs Q2 2026 · industry median 23 017 € · above 29% of the industry
050100150200Q4 2023 Company: 154 195 € Industry median: 23 403 €Q4·23Q1 2024 Company: 26 625 € Industry median: 16 922 €Q2 2024 Company: 23 928 € Industry median: 18 660 €Q2·24Q3 2024 Company: 1 845 € Industry median: 21 547 €Q4 2024 Company: 20 989 € Industry median: 23 300 €Q4·24Q1 2025 Company: 0 € Industry median: 17 914 €Q2 2025 Company: 975 € Industry median: 20 215 €Q2·25Q3 2025 Company: 6 657 € Industry median: 22 700 €Q4 2025 Company: 13 021 € Industry median: 23 111 €Q4·25Q1 2026 Company: 11 006 € Industry median: 17 425 €Q2 2026 Company: 19 276 € Industry median: 20 462 €Q2·26Q3 2026 Company: 10 246 € Industry median: 23 017 €Q3·260510152025Q4 2024 Company: 20 989 € Industry median: 23 300 €Q1 2025 Company: 0 € Industry median: 17 914 €Q1·25Q2 2025 Company: 975 € Industry median: 20 215 €Q3 2025 Company: 6 657 € Industry median: 22 700 €Q3·25Q4 2025 Company: 13 021 € Industry median: 23 111 €Q1 2026 Company: 11 006 € Industry median: 17 425 €Q1·26Q2 2026 Company: 19 276 € Industry median: 20 462 €Q3 2026 Company: 10 246 € Industry median: 23 017 €Q3·26
  • 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, € Q4 2024: 403 € · −50.0% vs Q3 2024 · industry median 1 178 € · above 9% of the industry
02 0004 0006 0008 000Q4 2023 Company: 179 € Industry median: 1 123 €Q4·23Q1 2024 Company: 7 160 € Industry median: 1 105 €Q2 2024 Company: 806 € Industry median: 1 083 €Q2·24Q3 2024 Company: 806 € Industry median: 1 141 €Q4 2024 Company: 403 € Industry median: 1 178 €Q4·24Q1 2025 Company: — Industry median: 1 177 €Q2 2025 Company: — Industry median: 1 194 €Q2·25Q3 2025 Company: — Industry median: 1 250 €Q4 2025 Company: — Industry median: 1 270 €Q4·25Q1 2026 Company: — Industry median: 1 202 €Q2 2026 Company: — Industry median: 1 197 €Q2·26Q3 2026 Company: — Industry median: 1 236 €Q3·2605001 0001 500Q4 2024 Company: 403 € Industry median: 1 178 €Q1 2025 Company: — Industry median: 1 177 €Q1·25Q2 2025 Company: — Industry median: 1 194 €Q3 2025 Company: — Industry median: 1 250 €Q3·25Q4 2025 Company: — Industry median: 1 270 €Q1 2026 Company: — Industry median: 1 202 €Q1·26Q2 2026 Company: — Industry median: 1 197 €Q3 2026 Company: — Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q4 2024: 2 · +100.0% vs Q3 2024
0123Q4 2023 Company: 3Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 2Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.51.01.52.0Q4 2024 Company: 2Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 0 € · −100.0% vs Q2 2026
02 0004 0006 0008 00010 000Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 9 625 €Q2 2024 Company: 1 339 €Q2·24Q3 2024 Company: 1 878 €Q4 2024 Company: 1 192 €Q4·24Q1 2025 Company: 756 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: —Q4 2025 Company: 0 €Q4·25Q1 2026 Company: —Q2 2026 Company: 2 208 €Q2·26Q3 2026 Company: 0 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 1 192 €Q1 2025 Company: 756 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: —Q3·25Q4 2025 Company: 0 €Q1 2026 Company: —Q1·26Q2 2026 Company: 2 208 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 10 246 — — —
Q2 2026 19 276 2 208 — —
Q1 2026 11 006 — — —
Q4 2025 13 021 — — —
Q3 2025 6 657 — — —
Q2 2025 975 — — —
Q1 2025 — 756 808 —
Q4 2024 20 989 1 192 806 2
Q3 2024 1 845 1 878 806 1
Q2 2024 23 928 1 339 806 1
Q1 2024 26 625 9 625 7 160 1
Q4 2023 154 195 — 537 3
Q3 2023 343 013 — — 1
Q2 2023 66 330 — — —
Q1 2023 145 310 — 2 395 —
Q4 2022 67 339 — 692 4
Q3 2022 271 320 — 1 579 —
Q2 2022 8 797 — 1 119 1
Q1 2022 1 860 572 322 2

Financials by year

2020 – 2025
Revenue, € thousand 2025: 24 094 € · −59.9% vs 2024 · industry median 37 328 € · above 40% of the industry
02004006008002020 Company: 301 218 € Industry median: 33 953 €20202021 Company: 64 100 € Industry median: 35 073 €20212022 Company: 452 726 € Industry median: 37 940 €20222023 Company: 608 682 € Industry median: 35 936 €20232024 Company: 60 127 € Industry median: 35 372 €20242025 Company: 24 094 € Industry median: 37 328 €202502004006008002020 Company: 301 218 € Industry median: 33 953 €2021 Company: 64 100 € Industry median: 35 073 €20212022 Company: 452 726 € Industry median: 37 940 €2023 Company: 608 682 € Industry median: 35 936 €20232024 Company: 60 127 € Industry median: 35 372 €2025 Company: 24 094 € Industry median: 37 328 €2025
  • 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, € 2025: 639 € · +137.5% vs 2024 · industry median 561 € · above 51% of the industry
-30 000-20 000-10 000010 00020 0002020 Company: -21 124 € Industry median: 507 €20202021 Company: 10 676 € Industry median: 785 €20212022 Company: 10 430 € Industry median: 823 €20222023 Company: 19 111 € Industry median: 581 €20232024 Company: 269 € Industry median: 432 €20242025 Company: 639 € Industry median: 561 €2025-30 000-20 000-10 000010 00020 0002020 Company: -21 124 € Industry median: 507 €2021 Company: 10 676 € Industry median: 785 €20212022 Company: 10 430 € Industry median: 823 €2023 Company: 19 111 € Industry median: 581 €20232024 Company: 269 € Industry median: 432 €2025 Company: 639 € Industry median: 561 €2025
  • 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, % 2025: 2.7 % · +2.2 pp vs the year before · industry median 3.9 % · above 46% of the industry
-10-5051015202020 Company: -7.0 % Industry median: 4.1 %20202021 Company: 16.7 % Industry median: 4.7 %20212022 Company: 2.3 % Industry median: 4.8 %20222023 Company: 3.1 % Industry median: 4.4 %20232024 Company: 0.4 % Industry median: 3.4 %20242025 Company: 2.7 % Industry median: 3.9 %2025-10-5051015202020 Company: -7.0 % Industry median: 4.1 %2021 Company: 16.7 % Industry median: 4.7 %20212022 Company: 2.3 % Industry median: 4.8 %2023 Company: 3.1 % Industry median: 4.4 %20232024 Company: 0.4 % Industry median: 3.4 %2025 Company: 2.7 % Industry median: 3.9 %2025
  • 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 2025: 17 653 € · +2.0% vs 2024
0501001502020 Company: 51 790 €20202021 Company: 53 385 €20212022 Company: 130 178 €20222023 Company: 53 292 €20232024 Company: 17 303 €20242025 Company: 17 653 €20250501001502020 Company: 51 790 €2021 Company: 53 385 €20212022 Company: 130 178 €2023 Company: 53 292 €20232024 Company: 17 303 €2025 Company: 17 653 €2025
Equity, € 2025: 14 882 € · +4.5% vs 2024
-30 000-20 000-10 000010 00020 00030 0002020 Company: -21 124 €20202021 Company: -10 448 €20212022 Company: 1 363 €20222023 Company: 22 974 €20232024 Company: 14 243 €20242025 Company: 14 882 €2025-30 000-20 000-10 000010 00020 00030 0002020 Company: -21 124 €2021 Company: -10 448 €20212022 Company: 1 363 €2023 Company: 22 974 €20232024 Company: 14 243 €2025 Company: 14 882 €2025
Employees 2025: 1 · −50.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 220222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02020 Company: 1 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 2 Industry median: 22023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 1 Industry median: 12025
  • 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
2025 24 094 639 970 17 653 14 882 1
2024 60 127 269 16 424 17 303 14 243 2
2023 608 682 19 111 17 506 53 292 22 974 2
2022 452 726 10 430 13 648 130 178 1 363 2
2021 64 100 10 676 10 074 53 385 -10 448 1
2020 301 218 -21 124 10 234 51 790 -21 124 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 2025

Net profit margin
2.7 %
Net profit / revenue
Return on equity (ROE)
4.3 %
Net profit / equity
Return on assets (ROA)
3.6 %
Net profit / assets
Equity ratio
84.3 %
Equity / assets
Debt ratio
15.7 %
Liabilities / assets
Current ratio
3.57
Current assets / current liabilities
Revenue per employee
24 094 €
Revenue / average full-time employees
Labour cost per employee per month
81 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Jun 2022 Company’s own e-Äriregister
2020 16 Oct 2019 – 31 Dec 2020 2 Aug 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)

  • 43351Other building completion and finishing Main
Rulings
Number, date Title Deadline State Document
Ä 50130763 / 7
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50130763 / 6
8 May 2023
Amendment entry In force
8 May 2023
PDF
Ä 50130763 / 5
14 Dec 2022
Amendment entry In force
14 Dec 2022
PDF
Ä 50130763 / M3
5 Dec 2022
Ruling to eliminate deficiencies 19 Dec 2022 Deficiencies eliminated
14 Dec 2022
PDF
Ä 50130763 / 4
2 Mar 2022
Amendment entry In force
2 Mar 2022
PDF
Ä 50130763 / M2
1 Jul 2021
Ruling to eliminate deficiencies in the annual report 31 Jul 2021 Deficiencies eliminated
2 Aug 2021
PDF
Ä 50130763 / 3
14 Dec 2020
Amendment entry In force
14 Dec 2020
PDF
Ä 50130763 / M1
8 Dec 2020
Procedural ruling 18 Dec 2020 Deficiencies eliminated
10 Dec 2020
PDF
Ä 50130763 / 2
1 Apr 2020
Amendment under Commercial Code § 525 (2) In force
1 Apr 2020
PDF
Ä 50130763
16 Oct 2019
First entry In force
16 Oct 2019
PDF

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