HM Nordic OÜ

Active Registry code 16204118 OÜ Tallinn Registered 12 Apr 2021
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HM Nordic OÜ is a OÜ based in Tallinn, registry code 16204118, status: active. Main activity: Wholesale of mining, construction and civil engineering machinery. According to EMTA, turnover for Q3 2026 was €1 106 734 with 5 employees.

Turnover
1 106 734 €
↓ 76.8% vs Q2 2026
State taxes
106 104 €
↓ 78.8% vs Q2 2026
Labour taxes
24 084 €
↓ 15.1% vs Q2 2026
Employees
5
±0 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 1.1 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 4 817 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2025 3.3 mn €
    industry median 63 691 € · companies in the industry: 10 038
  • Net profit margin · 2025 1.8 %
    industry median 2.7 % · companies in the industry: 7 414

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 1 106 734 € · −76.8% vs Q2 2026 · industry median 60 065 € · above 88% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 475 091 € Industry median: 69 842 €Q4·23Q1 2024 Company: 398 868 € Industry median: 60 423 €Q2 2024 Company: 778 049 € Industry median: 66 207 €Q2·24Q3 2024 Company: 1 328 033 € Industry median: 63 101 €Q4 2024 Company: 334 887 € Industry median: 65 867 €Q4·24Q1 2025 Company: 366 155 € Industry median: 59 713 €Q2 2025 Company: 1 055 395 € Industry median: 61 800 €Q2·25Q3 2025 Company: 2 000 765 € Industry median: 59 911 €Q4 2025 Company: 1 990 015 € Industry median: 59 583 €Q4·25Q1 2026 Company: 957 216 € Industry median: 53 954 €Q2 2026 Company: 4 765 527 € Industry median: 61 600 €Q2·26Q3 2026 Company: 1 106 734 € Industry median: 60 065 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 334 887 € Industry median: 65 867 €Q1 2025 Company: 366 155 € Industry median: 59 713 €Q1·25Q2 2025 Company: 1 055 395 € Industry median: 61 800 €Q3 2025 Company: 2 000 765 € Industry median: 59 911 €Q3·25Q4 2025 Company: 1 990 015 € Industry median: 59 583 €Q1 2026 Company: 957 216 € Industry median: 53 954 €Q1·26Q2 2026 Company: 4 765 527 € Industry median: 61 600 €Q3 2026 Company: 1 106 734 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

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

Labour taxes per employee, € Q3 2026: 4 817 € · −15.1% vs Q2 2026 · industry median 2 104 € · above 84% of the industry
02 0004 0006 000Q4 2023 Company: 3 868 € Industry median: 1 903 €Q4·23Q1 2024 Company: 4 749 € Industry median: 1 948 €Q2 2024 Company: 4 165 € Industry median: 1 960 €Q2·24Q3 2024 Company: 4 761 € Industry median: 2 029 €Q4 2024 Company: 4 039 € Industry median: 2 008 €Q4·24Q1 2025 Company: 5 184 € Industry median: 2 079 €Q2 2025 Company: 5 629 € Industry median: 2 091 €Q2·25Q3 2025 Company: 5 510 € Industry median: 2 158 €Q4 2025 Company: 5 254 € Industry median: 2 169 €Q4·25Q1 2026 Company: 4 486 € Industry median: 2 089 €Q2 2026 Company: 5 673 € Industry median: 2 068 €Q2·26Q3 2026 Company: 4 817 € Industry median: 2 104 €Q3·2602 0004 0006 000Q4 2024 Company: 4 039 € Industry median: 2 008 €Q1 2025 Company: 5 184 € Industry median: 2 079 €Q1·25Q2 2025 Company: 5 629 € Industry median: 2 091 €Q3 2025 Company: 5 510 € Industry median: 2 158 €Q3·25Q4 2025 Company: 5 254 € Industry median: 2 169 €Q1 2026 Company: 4 486 € Industry median: 2 089 €Q1·26Q2 2026 Company: 5 673 € Industry median: 2 068 €Q3 2026 Company: 4 817 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 5 · +0.0% vs Q2 2026
012345Q4 2023 Company: 5Q4·23Q1 2024 Company: 4Q2 2024 Company: 4Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25Q1 2026 Company: 5Q2 2026 Company: 5Q2·26Q3 2026 Company: 5Q3·26012345Q4 2024 Company: 4Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q1 2026 Company: 5Q1·26Q2 2026 Company: 5Q3 2026 Company: 5Q3·26
State taxes, € thousand Q3 2026: 106 104 € · −78.8% vs Q2 2026
0100200300400500Q4 2023 Company: 70 584 €Q4·23Q1 2024 Company: 69 403 €Q2 2024 Company: 109 004 €Q2·24Q3 2024 Company: 178 166 €Q4 2024 Company: 56 630 €Q4·24Q1 2025 Company: 48 682 €Q2 2025 Company: 135 598 €Q2·25Q3 2025 Company: 232 190 €Q4 2025 Company: 264 489 €Q4·25Q1 2026 Company: 123 343 €Q2 2026 Company: 499 479 €Q2·26Q3 2026 Company: 106 104 €Q3·260100200300400500Q4 2024 Company: 56 630 €Q1 2025 Company: 48 682 €Q1·25Q2 2025 Company: 135 598 €Q3 2025 Company: 232 190 €Q3·25Q4 2025 Company: 264 489 €Q1 2026 Company: 123 343 €Q1·26Q2 2026 Company: 499 479 €Q3 2026 Company: 106 104 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 106 734 106 104 24 084 5
Q2 2026 4 765 527 499 479 28 363 5
Q1 2026 957 216 123 343 22 429 5
Q4 2025 1 990 015 264 489 21 017 4
Q3 2025 2 000 765 232 190 22 039 4
Q2 2025 1 055 395 135 598 16 888 3
Q1 2025 366 155 48 682 15 551 3
Q4 2024 334 887 56 630 16 154 4
Q3 2024 1 328 033 178 166 19 043 4
Q2 2024 778 049 109 004 16 659 4
Q1 2024 398 868 69 403 18 994 4
Q4 2023 475 091 70 584 19 342 5
Q3 2023 599 727 71 648 23 053 5
Q2 2023 2 571 098 327 916 18 015 4
Q1 2023 1 494 542 107 419 16 957 3
Q4 2022 2 211 204 249 054 16 838 3
Q3 2022 1 767 289 210 212 16 812 3
Q2 2022 3 091 796 185 629 16 462 3
Q1 2022 1 949 082 307 105 11 414 3
Labour taxes per employee per month
1 606 €
Turnover per employee in the quarter
221 347 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 3 259 471 € · +73.4% vs 2024 · industry median 63 691 € · above 91% of the industry
02 0004 0006 0002021 Company: 825 240 € Industry median: 71 656 €20212022 Company: 5 354 343 € Industry median: 75 397 €20222023 Company: 2 855 032 € Industry median: 63 715 €20232024 Company: 1 880 094 € Industry median: 60 216 €20242025 Company: 3 259 471 € Industry median: 63 691 €202502 0004 0006 0002021 Company: 825 240 € Industry median: 71 656 €20212022 Company: 5 354 343 € Industry median: 75 397 €2023 Company: 2 855 032 € Industry median: 63 715 €20232024 Company: 1 880 094 € Industry median: 60 216 €2025 Company: 3 259 471 € Industry median: 63 691 €2025
  • Company
  • Industry median

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

Net profit, € thousand 2025: 59 284 € · +148.6% vs 2024 · industry median 127 € · above 85% of the industry
-200-10001002003002021 Company: -61 164 € Industry median: 1 415 €20212022 Company: 228 340 € Industry median: 889 €20222023 Company: -150 535 € Industry median: 370 €20232024 Company: -121 996 € Industry median: 134 €20242025 Company: 59 284 € Industry median: 127 €2025-200-10001002003002021 Company: -61 164 € Industry median: 1 415 €20212022 Company: 228 340 € Industry median: 889 €2023 Company: -150 535 € Industry median: 370 €20232024 Company: -121 996 € Industry median: 134 €2025 Company: 59 284 € Industry median: 127 €2025
  • Company
  • Industry median

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

Net profit margin, % 2025: 1.8 % · +8.3 pp vs the year before · industry median 2.7 % · above 45% of the industry
-8-5-30352021 Company: -7.4 % Industry median: 4.9 %20212022 Company: 4.3 % Industry median: 4.2 %20222023 Company: -5.3 % Industry median: 3.5 %20232024 Company: -6.5 % Industry median: 2.9 %20242025 Company: 1.8 % Industry median: 2.7 %2025-8-5-30352021 Company: -7.4 % Industry median: 4.9 %20212022 Company: 4.3 % Industry median: 4.2 %2023 Company: -5.3 % Industry median: 3.5 %20232024 Company: -6.5 % Industry median: 2.9 %2025 Company: 1.8 % Industry median: 2.7 %2025
  • Company
  • Industry median

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

Assets, € thousand 2025: 823 739 € · −3.6% vs 2024
05001 0001 5002 0002 5002021 Company: 1 664 667 €20212022 Company: 2 326 846 €20222023 Company: 1 337 606 €20232024 Company: 854 564 €20242025 Company: 823 739 €202505001 0001 5002 0002 5002021 Company: 1 664 667 €20212022 Company: 2 326 846 €2023 Company: 1 337 606 €20232024 Company: 854 564 €2025 Company: 823 739 €2025
Equity, € thousand 2025: 113 929 € · +108.5% vs 2024
-100-500501001502002021 Company: -51 164 €20212022 Company: 177 176 €20222023 Company: 26 641 €20232024 Company: 54 645 €20242025 Company: 113 929 €2025-100-500501001502002021 Company: -51 164 €20212022 Company: 177 176 €2023 Company: 26 641 €20232024 Company: 54 645 €2025 Company: 113 929 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 2 · above 65% of the industry
012342021 Company: 2 Industry median: 220212022 Company: 3 Industry median: 220222023 Company: 4 Industry median: 220232024 Company: 3 Industry median: 220242025 Company: 3 Industry median: 22025012342021 Company: 2 Industry median: 220212022 Company: 3 Industry median: 22023 Company: 4 Industry median: 220232024 Company: 3 Industry median: 22025 Company: 3 Industry median: 22025
  • Company
  • Industry median

Industry: Wholesale 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 3 259 471 59 284 189 148 823 739 113 929 3
2024 1 880 094 -121 996 157 296 854 564 54 645 3
2023 2 855 032 -150 535 184 822 1 337 606 26 641 4
2022 5 354 343 228 340 161 750 2 326 846 177 176 3
2021 825 240 -61 164 54 156 1 664 667 -51 164 2

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
1.8 %
Net profit / revenue
Return on equity (ROE)
52.0 %
Net profit / equity
Return on assets (ROA)
7.2 %
Net profit / assets
Equity ratio
13.8 %
Equity / assets
Debt ratio
86.2 %
Liabilities / assets
Current ratio
1.11
Current assets / current liabilities
Revenue per employee
1 086 490 €
Revenue / average full-time employees
Labour cost per employee per month
5 254 €
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 4 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 21 Feb 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 1 Feb 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 1 Feb 2023 Company’s own · audited e-Äriregister
2021 12 Apr 2021 – 31 Dec 2021 1 Feb 2022 Company’s own · audited e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Any procurator may represent the private limited company in all legal acts related to its business. A procurator may transfer or encumber immovable property only if that right is entered on the registry card.

Owners

  • Boreo Oyj
    Legal person · 10 000 €

Beneficial owners

Founders and other persons

  • Yleiselektroniikka Oyj
    Founder · 10 000 € · 11 Feb 2021
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46631Wholesale of mining, construction and civil engineering machinery Main
Rulings
Number, date Title Deadline State Document
Ä 50170778 / 8
1 Nov 2024
Amendment entry In force
1 Nov 2024
PDF
Ä 50170778 / 7
30 Sep 2024
Entry refused: deficiencies not eliminated In force
16 Oct 2024
PDF
Ä 50170778 / M2
13 Aug 2024
Ruling to eliminate deficiencies 12 Sep 2024 In force
16 Sep 2024
PDF
Ä 50170778 / 6
8 May 2024
Amendment entry In force
8 May 2024
PDF
Ä 50170778 / 5
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50170778 / 4
13 Jul 2023
Amendment entry In force
13 Jul 2023
PDF
Ä 50170778 / 3
2 Feb 2022
Amendment entry In force
2 Feb 2022
PDF
Ä 50170778 / 2
8 Jul 2021
Amendment entry In force
8 Jul 2021
PDF
Ä 50170778
12 Apr 2021
First entry In force
12 Apr 2021
PDF
Ä 50170778 / M1
6 Apr 2021
Ruling to eliminate deficiencies 21 Apr 2021 Deficiencies eliminated
12 Apr 2021
PDF

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