Norte OÜ

Active Registry code 16461341 OÜ Tallinn Registered 15 Mar 2022
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Norte OÜ is a OÜ based in Tallinn, registry code 16461341, status: active. Main activity: Constructional engineering-technical designing and consulting. According to EMTA, turnover for Q3 2026 was €680 014 with 20 employees.

Turnover
680 014 €
↓ 22.6% vs Q2 2026
State taxes
194 437 €
↓ 12.8% vs Q2 2026
Labour taxes
138 730 €
↑ 12.0% vs Q2 2026
Employees
20
−1 vs Q2 2026

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

Position in the industry Architectural and engineering activities; technical testing and analysis · EMTAK 71

  • Turnover · Q3 2026 680 014 €
    industry median 16 250 € · companies in the industry: 2 781
  • Labour taxes per employee 6 937 €
    industry median 1 751 € · companies in the industry: 1 910
  • Revenue · 2025 2 mn €
    industry median 23 548 € · companies in the industry: 4 824
  • Net profit margin · 2025 -4.5 %
    industry median 15.1 % · companies in the industry: 3 876

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 680 014 € · −22.6% vs Q2 2026 · industry median 16 250 € · above 98% of the industry
02505007501 0001 250Q4 2023 Company: 1 115 267 € Industry median: 17 217 €Q4·23Q1 2024 Company: 661 060 € Industry median: 15 638 €Q2 2024 Company: 775 952 € Industry median: 15 992 €Q2·24Q3 2024 Company: 848 767 € Industry median: 16 330 €Q4 2024 Company: 622 027 € Industry median: 17 266 €Q4·24Q1 2025 Company: 661 598 € Industry median: 15 215 €Q2 2025 Company: 626 241 € Industry median: 16 150 €Q2·25Q3 2025 Company: 461 832 € Industry median: 16 910 €Q4 2025 Company: 537 104 € Industry median: 17 310 €Q4·25Q1 2026 Company: 689 193 € Industry median: 15 906 €Q2 2026 Company: 878 705 € Industry median: 16 256 €Q2·26Q3 2026 Company: 680 014 € Industry median: 16 250 €Q3·2602004006008001 000Q4 2024 Company: 622 027 € Industry median: 17 266 €Q1 2025 Company: 661 598 € Industry median: 15 215 €Q1·25Q2 2025 Company: 626 241 € Industry median: 16 150 €Q3 2025 Company: 461 832 € Industry median: 16 910 €Q3·25Q4 2025 Company: 537 104 € Industry median: 17 310 €Q1 2026 Company: 689 193 € Industry median: 15 906 €Q1·26Q2 2026 Company: 878 705 € Industry median: 16 256 €Q3 2026 Company: 680 014 € Industry median: 16 250 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 937 € · +17.6% vs Q2 2026 · industry median 1 751 € · above 98% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 6 113 € Industry median: 1 648 €Q4·23Q1 2024 Company: 5 507 € Industry median: 1 639 €Q2 2024 Company: 5 846 € Industry median: 1 671 €Q2·24Q3 2024 Company: 6 973 € Industry median: 1 753 €Q4 2024 Company: 5 850 € Industry median: 1 750 €Q4·24Q1 2025 Company: 7 102 € Industry median: 1 767 €Q2 2025 Company: 7 081 € Industry median: 1 758 €Q2·25Q3 2025 Company: 8 629 € Industry median: 1 847 €Q4 2025 Company: 5 699 € Industry median: 1 847 €Q4·25Q1 2026 Company: 6 517 € Industry median: 1 780 €Q2 2026 Company: 5 898 € Industry median: 1 758 €Q2·26Q3 2026 Company: 6 937 € Industry median: 1 751 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 5 850 € Industry median: 1 750 €Q1 2025 Company: 7 102 € Industry median: 1 767 €Q1·25Q2 2025 Company: 7 081 € Industry median: 1 758 €Q3 2025 Company: 8 629 € Industry median: 1 847 €Q3·25Q4 2025 Company: 5 699 € Industry median: 1 847 €Q1 2026 Company: 6 517 € Industry median: 1 780 €Q1·26Q2 2026 Company: 5 898 € Industry median: 1 758 €Q3 2026 Company: 6 937 € Industry median: 1 751 €Q3·26
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 20 · −4.8% vs Q2 2026
0510152025Q4 2023 Company: 23Q4·23Q1 2024 Company: 22Q2 2024 Company: 22Q2·24Q3 2024 Company: 23Q4 2024 Company: 22Q4·24Q1 2025 Company: 21Q2 2025 Company: 19Q2·25Q3 2025 Company: 20Q4 2025 Company: 21Q4·25Q1 2026 Company: 21Q2 2026 Company: 21Q2·26Q3 2026 Company: 20Q3·260510152025Q4 2024 Company: 22Q1 2025 Company: 21Q1·25Q2 2025 Company: 19Q3 2025 Company: 20Q3·25Q4 2025 Company: 21Q1 2026 Company: 21Q1·26Q2 2026 Company: 21Q3 2026 Company: 20Q3·26
State taxes, € thousand Q3 2026: 194 437 € · −12.8% vs Q2 2026
0100200300Q4 2023 Company: 258 164 €Q4·23Q1 2024 Company: 147 048 €Q2 2024 Company: 208 978 €Q2·24Q3 2024 Company: 294 287 €Q4 2024 Company: 195 586 €Q4·24Q1 2025 Company: 206 101 €Q2 2025 Company: 214 037 €Q2·25Q3 2025 Company: 247 943 €Q4 2025 Company: 195 291 €Q4·25Q1 2026 Company: 205 744 €Q2 2026 Company: 222 858 €Q2·26Q3 2026 Company: 194 437 €Q3·26050100150200250Q4 2024 Company: 195 586 €Q1 2025 Company: 206 101 €Q1·25Q2 2025 Company: 214 037 €Q3 2025 Company: 247 943 €Q3·25Q4 2025 Company: 195 291 €Q1 2026 Company: 205 744 €Q1·26Q2 2026 Company: 222 858 €Q3 2026 Company: 194 437 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 680 014 194 437 138 730 20
Q2 2026 878 705 222 858 123 859 21
Q1 2026 689 193 205 744 136 861 21
Q4 2025 537 104 195 291 119 669 21
Q3 2025 461 832 247 943 172 588 20
Q2 2025 626 241 214 037 134 548 19
Q1 2025 661 598 206 101 149 135 21
Q4 2024 622 027 195 586 128 708 22
Q3 2024 848 767 294 287 160 373 23
Q2 2024 775 952 208 978 128 610 22
Q1 2024 661 060 147 048 121 157 22
Q4 2023 1 115 267 258 164 140 595 23
Q3 2023 1 005 346 242 119 122 338 21
Q2 2023 1 064 095 266 548 120 603 21
Q1 2023 830 450 201 261 111 654 20
Q4 2022 915 563 197 028 96 443 20
Q3 2022 617 299 161 934 98 824 21
Q2 2022 299 040 80 265 50 844 23
Q1 2022 — — — 22
Labour taxes per employee per month
2 312 €
Turnover per employee in the quarter
34 001 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 2 031 127 € · −31.5% vs 2024 · industry median 23 548 € · above 98% of the industry
01 0002 0003 0004 0002022 Company: 2 143 939 € Industry median: 23 304 €20222023 Company: 3 581 890 € Industry median: 22 720 €20232024 Company: 2 965 682 € Industry median: 22 098 €20242025 Company: 2 031 127 € Industry median: 23 548 €202501 0002 0003 0004 0002022 Company: 2 143 939 € Industry median: 23 304 €2023 Company: 3 581 890 € Industry median: 22 720 €20232024 Company: 2 965 682 € Industry median: 22 098 €2025 Company: 2 031 127 € Industry median: 23 548 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -90 398 € · −190.9% vs 2024 · industry median 1 536 € · above 2% of the industry
-20002004006002022 Company: -79 073 € Industry median: 1 794 €20222023 Company: 596 418 € Industry median: 2 165 €20232024 Company: 99 417 € Industry median: 1 691 €20242025 Company: -90 398 € Industry median: 1 536 €2025-20002004006002022 Company: -79 073 € Industry median: 1 794 €2023 Company: 596 418 € Industry median: 2 165 €20232024 Company: 99 417 € Industry median: 1 691 €2025 Company: -90 398 € Industry median: 1 536 €2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -4.5 % · −7.8 pp vs the year before · industry median 15.1 % · above 22% of the industry
-5051015202022 Company: -3.7 % Industry median: 16.6 %20222023 Company: 16.7 % Industry median: 17.1 %20232024 Company: 3.4 % Industry median: 15.3 %20242025 Company: -4.5 % Industry median: 15.1 %2025-5051015202022 Company: -3.7 % Industry median: 16.6 %2023 Company: 16.7 % Industry median: 17.1 %20232024 Company: 3.4 % Industry median: 15.3 %2025 Company: -4.5 % Industry median: 15.1 %2025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 872 927 € · −24.3% vs 2024
05001 0001 5002 0002022 Company: 639 795 €20222023 Company: 1 638 638 €20232024 Company: 1 153 445 €20242025 Company: 872 927 €202505001 0001 5002 0002022 Company: 639 795 €2023 Company: 1 638 638 €20232024 Company: 1 153 445 €2025 Company: 872 927 €2025
Equity, € thousand 2025: 394 060 € · −18.7% vs 2024
-20002004006002022 Company: -2 631 €20222023 Company: 593 787 €20232024 Company: 484 458 €20242025 Company: 394 060 €2025-20002004006002022 Company: -2 631 €2023 Company: 593 787 €20232024 Company: 484 458 €2025 Company: 394 060 €2025
Employees 2025: 23 · −4.2% vs 2024 · industry median 1 · above 98% of the industry
05101520252022 Company: 18 Industry median: 120222023 Company: 23 Industry median: 120232024 Company: 24 Industry median: 120242025 Company: 23 Industry median: 1202505101520252022 Company: 18 Industry median: 12023 Company: 23 Industry median: 120232024 Company: 24 Industry median: 12025 Company: 23 Industry median: 12025
  • Company
  • Industry median

Industry: Architectural and engineering activities; technical testing and analysis (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 2 031 127 -90 398 1 054 585 872 927 394 060 23
2024 2 965 682 99 417 1 109 308 1 153 445 484 458 24
2023 3 581 890 596 418 1 150 743 1 638 638 593 787 23
2022 2 143 939 -79 073 771 643 639 795 -2 631 18

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
-4.5 %
Net profit / revenue
Return on equity (ROE)
-22.9 %
Net profit / equity
Return on assets (ROA)
-10.4 %
Net profit / assets
Equity ratio
45.1 %
Equity / assets
Debt ratio
54.9 %
Liabilities / assets
Current ratio
1.70
Current assets / current liabilities
Revenue per employee
88 310 €
Revenue / average full-time employees
Labour cost per employee per month
3 821 €
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 2 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 12 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Jun 2024 Company’s own · audited e-Äriregister
2022 15 Mar 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister

Board

  • Margus Klementsov
    Board member · since 15 Mar 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 14 Apr 2022

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)

  • 71121Constructional engineering-technical designing and consulting Main
Rulings
Number, date Title Deadline State Document
Ä 50198603 / 5
27 Apr 2022
Amendment entry In force
27 Apr 2022
PDF
Ä 50198603 / 4
14 Apr 2022
Amendment entry In force
14 Apr 2022
PDF
Ä 50198603 / 3
4 Apr 2022
Amendment entry In force
4 Apr 2022
PDF
Ä 50198603 / M1
23 Mar 2022
Ruling to eliminate deficiencies 22 Apr 2022 Deficiencies eliminated
4 Apr 2022
PDF
Ä 50198603 / 2
15 Mar 2022
Third (informative) division entry In force
15 Mar 2022
PDF
Ä 50198603
15 Mar 2022
First (declaratory) division entry (card of the new company) In force
15 Mar 2022
PDF

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