Milnord OÜ

Active Registry code 14910697 OÜ Tallinn Registered 12 Feb 2020
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Milnord OÜ is a OÜ based in Tallinn, registry code 14910697, status: active. Main activity: Retail sale of motor vehicles. According to EMTA, turnover for Q3 2026 was €621 684 with 2 employees.

Turnover
621 684 €
↓ 12.8% vs Q2 2026
State taxes
0 €
Labour taxes
2 291 €
↓ 7.3% vs Q2 2026
Employees
2
±0 vs Q2 2026

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

Position in the industry Retail trade · EMTAK 47

  • Turnover · Q3 2026 621 684 €
    industry median 23 652 € · companies in the industry: 7 652
  • Labour taxes per employee 1 146 €
    industry median 1 201 € · companies in the industry: 4 663
  • Revenue · 2025 2.8 mn €
    industry median 16 974 € · companies in the industry: 13 500
  • Net profit margin · 2025 5.1 %
    industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 621 684 € · −12.8% vs Q2 2026 · industry median 23 652 € · above 92% of the industry
05001 0001 500Q4 2023 Company: 1 301 581 € Industry median: 26 822 €Q4·23Q1 2024 Company: 1 219 964 € Industry median: 23 246 €Q2 2024 Company: 1 061 118 € Industry median: 26 103 €Q2·24Q3 2024 Company: 883 389 € Industry median: 24 905 €Q4 2024 Company: 843 307 € Industry median: 25 283 €Q4·24Q1 2025 Company: 871 658 € Industry median: 21 556 €Q2 2025 Company: 1 123 277 € Industry median: 24 404 €Q2·25Q3 2025 Company: 928 002 € Industry median: 24 441 €Q4 2025 Company: 738 497 € Industry median: 23 532 €Q4·25Q1 2026 Company: 611 435 € Industry median: 20 253 €Q2 2026 Company: 712 863 € Industry median: 23 917 €Q2·26Q3 2026 Company: 621 684 € Industry median: 23 652 €Q3·2602505007501 0001 250Q4 2024 Company: 843 307 € Industry median: 25 283 €Q1 2025 Company: 871 658 € Industry median: 21 556 €Q1·25Q2 2025 Company: 1 123 277 € Industry median: 24 404 €Q3 2025 Company: 928 002 € Industry median: 24 441 €Q3·25Q4 2025 Company: 738 497 € Industry median: 23 532 €Q1 2026 Company: 611 435 € Industry median: 20 253 €Q1·26Q2 2026 Company: 712 863 € Industry median: 23 917 €Q3 2026 Company: 621 684 € Industry median: 23 652 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 146 € · −7.3% vs Q2 2026 · industry median 1 201 € · above 44% of the industry
01 0002 0003 000Q4 2023 Company: — Industry median: 971 €Q4·23Q1 2024 Company: — Industry median: 1 002 €Q2 2024 Company: — Industry median: 1 009 €Q2·24Q3 2024 Company: 1 383 € Industry median: 1 048 €Q4 2024 Company: 2 456 € Industry median: 1 053 €Q4·24Q1 2025 Company: 2 573 € Industry median: 1 099 €Q2 2025 Company: 2 631 € Industry median: 1 126 €Q2·25Q3 2025 Company: 2 497 € Industry median: 1 156 €Q4 2025 Company: 2 631 € Industry median: 1 151 €Q4·25Q1 2026 Company: 2 564 € Industry median: 1 116 €Q2 2026 Company: 1 236 € Industry median: 1 131 €Q2·26Q3 2026 Company: 1 146 € Industry median: 1 201 €Q3·2601 0002 0003 000Q4 2024 Company: 2 456 € Industry median: 1 053 €Q1 2025 Company: 2 573 € Industry median: 1 099 €Q1·25Q2 2025 Company: 2 631 € Industry median: 1 126 €Q3 2025 Company: 2 497 € Industry median: 1 156 €Q3·25Q4 2025 Company: 2 631 € Industry median: 1 151 €Q1 2026 Company: 2 564 € Industry median: 1 116 €Q1·26Q2 2026 Company: 1 236 € Industry median: 1 131 €Q3 2026 Company: 1 146 € Industry median: 1 201 €Q3·26
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 0 €
02 5005 0007 50010 00012 500Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 0 €Q4 2024 Company: 0 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 11 784 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 0 €Q4·25Q1 2026 Company: 0 €Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 0 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 0 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 11 784 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 0 €Q1 2026 Company: 0 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 0 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 621 684 — 2 291 2
Q2 2026 712 863 — 2 471 2
Q1 2026 611 435 — 2 564 1
Q4 2025 738 497 — 2 631 1
Q3 2025 928 002 — 2 497 1
Q2 2025 1 123 277 11 784 2 631 1
Q1 2025 871 658 — 2 573 1
Q4 2024 843 307 — 2 456 1
Q3 2024 883 389 — 1 383 1
Q2 2024 1 061 118 — 2 783 —
Q1 2024 1 219 964 — 1 203 —
Q4 2023 1 301 581 — 1 231 —
Q3 2023 690 147 — 1 153 —
Q2 2023 710 629 — 1 153 —
Q1 2023 832 028 — 1 142 —
Q4 2022 825 408 — 1 040 —
Q3 2022 649 994 — 1 227 —
Q2 2022 419 683 — 1 040 —
Q1 2022 481 033 — 966 —
Labour taxes per employee per month
382 €
Turnover per employee in the quarter
310 842 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2025
Revenue, € thousand 2025: 2 763 955 € · −31.0% vs 2024 · industry median 16 974 € · above 98% of the industry
01 0002 0003 0004 0005 0002020 Company: 289 973 € Industry median: 21 390 €20202021 Company: 1 130 386 € Industry median: 23 333 €20212022 Company: 2 506 889 € Industry median: 22 891 €20222023 Company: 3 575 028 € Industry median: 20 218 €20232024 Company: 4 003 007 € Industry median: 18 875 €20242025 Company: 2 763 955 € Industry median: 16 974 €202501 0002 0003 0004 0005 0002020 Company: 289 973 € Industry median: 21 390 €2021 Company: 1 130 386 € Industry median: 23 333 €20212022 Company: 2 506 889 € Industry median: 22 891 €2023 Company: 3 575 028 € Industry median: 20 218 €20232024 Company: 4 003 007 € Industry median: 18 875 €2025 Company: 2 763 955 € Industry median: 16 974 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 140 141 € · −10.3% vs 2024 · industry median 0 € · above 98% of the industry
0501001502002020 Company: 18 577 € Industry median: 98 €20202021 Company: 121 391 € Industry median: 245 €20212022 Company: 177 146 € Industry median: 96 €20222023 Company: 132 022 € Industry median: 20 €20232024 Company: 156 232 € Industry median: 0 €20242025 Company: 140 141 € Industry median: 0 €20250501001502002020 Company: 18 577 € Industry median: 98 €2021 Company: 121 391 € Industry median: 245 €20212022 Company: 177 146 € Industry median: 96 €2023 Company: 132 022 € Industry median: 20 €20232024 Company: 156 232 € Industry median: 0 €2025 Company: 140 141 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.1 % · +1.2 pp vs the year before · industry median 1.3 % · above 66% of the industry
035810132020 Company: 6.4 % Industry median: 2.7 %20202021 Company: 10.7 % Industry median: 3.3 %20212022 Company: 7.1 % Industry median: 2.8 %20222023 Company: 3.7 % Industry median: 2.2 %20232024 Company: 3.9 % Industry median: 1.5 %20242025 Company: 5.1 % Industry median: 1.3 %2025035810132020 Company: 6.4 % Industry median: 2.7 %2021 Company: 10.7 % Industry median: 3.3 %20212022 Company: 7.1 % Industry median: 2.8 %2023 Company: 3.7 % Industry median: 2.2 %20232024 Company: 3.9 % Industry median: 1.5 %2025 Company: 5.1 % Industry median: 1.3 %2025
  • Company
  • Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 804 843 € · +12.8% vs 2024
02004006008001 0002020 Company: 71 998 €20202021 Company: 223 965 €20212022 Company: 462 742 €20222023 Company: 691 926 €20232024 Company: 713 230 €20242025 Company: 804 843 €202502004006008001 0002020 Company: 71 998 €2021 Company: 223 965 €20212022 Company: 462 742 €2023 Company: 691 926 €20232024 Company: 713 230 €2025 Company: 804 843 €2025
Equity, € thousand 2025: 748 009 € · +23.1% vs 2024
02004006008002020 Company: 21 077 €20202021 Company: 142 468 €20212022 Company: 319 614 €20222023 Company: 451 636 €20232024 Company: 607 868 €20242025 Company: 748 009 €202502004006008002020 Company: 21 077 €2021 Company: 142 468 €20212022 Company: 319 614 €2023 Company: 451 636 €20232024 Company: 607 868 €2025 Company: 748 009 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Retail trade (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 2 763 955 140 141 23 303 804 843 748 009 1
2024 4 003 007 156 232 21 337 713 230 607 868 1
2023 3 575 028 132 022 11 755 691 926 451 636 1
2022 2 506 889 177 146 10 881 462 742 319 614 1
2021 1 130 386 121 391 2 330 223 965 142 468 1
2020 289 973 18 577 0 71 998 21 077 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
5.1 %
Net profit / revenue
Return on equity (ROE)
18.7 %
Net profit / equity
Return on assets (ROA)
17.4 %
Net profit / assets
Equity ratio
92.9 %
Equity / assets
Debt ratio
7.1 %
Liabilities / assets
Current ratio
12.53
Current assets / current liabilities
Revenue per employee
2 763 955 €
Revenue / average full-time employees
Labour cost per employee per month
1 942 €
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 28 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2025 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Feb 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Feb 2022 Company’s own e-Äriregister
2020 12 Feb 2020 – 31 Dec 2020 1 Feb 2022 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

  • Stefan Lents
    Member of a senior management body (management or supervisory board) · since 12 Feb 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 47811Retail sale of motor vehicles Main
  • 68201Rental and operating of own or leased real estate
  • 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
Number, date Title Deadline State Document
Ä 50139761 / 3
9 Jul 2025
Amendment entry In force
9 Jul 2025
PDF
Ä 50139761 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50139761
12 Feb 2020
First entry In force
12 Feb 2020
PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data