Nordmus OÜ

Active Registry code 16475538 OÜ Tartu linn Registered 6 Apr 2022
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Nordmus OÜ is a OÜ based in Tartu linn, registry code 16475538, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €149 602 with 9 employees.

Turnover
149 602 €
↑ 52.7% vs Q2 2026
State taxes
16 254 €
↓ 5.0% vs Q2 2026
Labour taxes
9 703 €
↑ 14.5% vs Q2 2026
Employees
9
+1 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 149 602 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 1 078 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 381 010 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -6.8 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 149 602 € · +52.7% vs Q2 2026 · industry median 25 252 € · above 84% of the industry
050100150200250Q4 2023 Company: 62 201 € Industry median: 26 427 €Q4·23Q1 2024 Company: 48 770 € Industry median: 19 618 €Q2 2024 Company: 85 716 € Industry median: 21 373 €Q2·24Q3 2024 Company: 186 349 € Industry median: 26 160 €Q4 2024 Company: 240 115 € Industry median: 25 496 €Q4·24Q1 2025 Company: 102 929 € Industry median: 19 568 €Q2 2025 Company: 89 169 € Industry median: 22 577 €Q2·25Q3 2025 Company: 137 352 € Industry median: 25 533 €Q4 2025 Company: 68 531 € Industry median: 25 721 €Q4·25Q1 2026 Company: 68 957 € Industry median: 20 483 €Q2 2026 Company: 97 996 € Industry median: 22 672 €Q2·26Q3 2026 Company: 149 602 € Industry median: 25 252 €Q3·26050100150200250Q4 2024 Company: 240 115 € Industry median: 25 496 €Q1 2025 Company: 102 929 € Industry median: 19 568 €Q1·25Q2 2025 Company: 89 169 € Industry median: 22 577 €Q3 2025 Company: 137 352 € Industry median: 25 533 €Q3·25Q4 2025 Company: 68 531 € Industry median: 25 721 €Q1 2026 Company: 68 957 € Industry median: 20 483 €Q1·26Q2 2026 Company: 97 996 € Industry median: 22 672 €Q3 2026 Company: 149 602 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 078 € · +1.8% vs Q2 2026 · industry median 1 211 € · above 39% of the industry
05001 0001 500Q4 2023 Company: 888 € Industry median: 1 145 €Q4·23Q1 2024 Company: 903 € Industry median: 1 097 €Q2 2024 Company: 1 342 € Industry median: 1 083 €Q2·24Q3 2024 Company: 1 344 € Industry median: 1 142 €Q4 2024 Company: 963 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 193 € Industry median: 1 188 €Q2 2025 Company: 1 070 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 346 € Industry median: 1 208 €Q4 2025 Company: 1 054 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 306 € Industry median: 1 183 €Q2 2026 Company: 1 060 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 078 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: 963 € Industry median: 1 179 €Q1 2025 Company: 1 193 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 070 € Industry median: 1 149 €Q3 2025 Company: 1 346 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 054 € Industry median: 1 254 €Q1 2026 Company: 1 306 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 060 € Industry median: 1 166 €Q3 2026 Company: 1 078 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 9 · +12.5% vs Q2 2026
0246810Q4 2023 Company: 5Q4·23Q1 2024 Company: 5Q2 2024 Company: 5Q2·24Q3 2024 Company: 5Q4 2024 Company: 8Q4·24Q1 2025 Company: 8Q2 2025 Company: 9Q2·25Q3 2025 Company: 8Q4 2025 Company: 10Q4·25Q1 2026 Company: 8Q2 2026 Company: 8Q2·26Q3 2026 Company: 9Q3·260246810Q4 2024 Company: 8Q1 2025 Company: 8Q1·25Q2 2025 Company: 9Q3 2025 Company: 8Q3·25Q4 2025 Company: 10Q1 2026 Company: 8Q1·26Q2 2026 Company: 8Q3 2026 Company: 9Q3·26
State taxes, € Q3 2026: 16 254 € · −5.0% vs Q2 2026
05 00010 00015 00020 000Q4 2023 Company: 10 731 €Q4·23Q1 2024 Company: 9 272 €Q2 2024 Company: 8 501 €Q2·24Q3 2024 Company: 13 506 €Q4 2024 Company: 18 301 €Q4·24Q1 2025 Company: 13 994 €Q2 2025 Company: 17 303 €Q2·25Q3 2025 Company: 12 614 €Q4 2025 Company: 16 231 €Q4·25Q1 2026 Company: 16 081 €Q2 2026 Company: 17 114 €Q2·26Q3 2026 Company: 16 254 €Q3·2605 00010 00015 00020 000Q4 2024 Company: 18 301 €Q1 2025 Company: 13 994 €Q1·25Q2 2025 Company: 17 303 €Q3 2025 Company: 12 614 €Q3·25Q4 2025 Company: 16 231 €Q1 2026 Company: 16 081 €Q1·26Q2 2026 Company: 17 114 €Q3 2026 Company: 16 254 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 149 602 16 254 9 703 9
Q2 2026 97 996 17 114 8 476 8
Q1 2026 68 957 16 081 10 450 8
Q4 2025 68 531 16 231 10 535 10
Q3 2025 137 352 12 614 10 769 8
Q2 2025 89 169 17 303 9 632 9
Q1 2025 102 929 13 994 9 544 8
Q4 2024 240 115 18 301 7 700 8
Q3 2024 186 349 13 506 6 720 5
Q2 2024 85 716 8 501 6 708 5
Q1 2024 48 770 9 272 4 514 5
Q4 2023 62 201 10 731 4 442 5
Q3 2023 43 896 6 592 4 459 5
Q2 2023 56 129 8 413 4 467 5
Q1 2023 25 437 6 642 4 464 5
Q4 2022 25 288 5 000 4 067 5
Q3 2022 18 568 4 507 3 473 5
Q2 2022 13 811 2 505 1 229 6
Labour taxes per employee per month
359 €
Turnover per employee in the quarter
16 622 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 381 010 € · −33.4% vs 2024 · industry median 38 239 € · above 86% of the industry
02004006002022 Company: 69 597 € Industry median: 39 550 €20222023 Company: 200 865 € Industry median: 37 270 €20232024 Company: 572 005 € Industry median: 37 693 €20242025 Company: 381 010 € Industry median: 38 239 €202502004006002022 Company: 69 597 € Industry median: 39 550 €2023 Company: 200 865 € Industry median: 37 270 €20232024 Company: 572 005 € Industry median: 37 693 €2025 Company: 381 010 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -25 816 € · −234.1% vs 2024 · industry median 411 € · above 2% of the industry
-40 000-20 000020 00040 0002022 Company: -5 263 € Industry median: 398 €20222023 Company: 34 937 € Industry median: 253 €20232024 Company: 19 247 € Industry median: 108 €20242025 Company: -25 816 € Industry median: 411 €2025-40 000-20 000020 00040 0002022 Company: -5 263 € Industry median: 398 €2023 Company: 34 937 € Industry median: 253 €20232024 Company: 19 247 € Industry median: 108 €2025 Company: -25 816 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -6.8 % · −10.1 pp vs the year before · industry median 3.5 % · above 20% of the industry
-10-5051015202022 Company: -7.6 % Industry median: 3.9 %20222023 Company: 17.4 % Industry median: 3.9 %20232024 Company: 3.4 % Industry median: 2.8 %20242025 Company: -6.8 % Industry median: 3.5 %2025-10-5051015202022 Company: -7.6 % Industry median: 3.9 %2023 Company: 17.4 % Industry median: 3.9 %20232024 Company: 3.4 % Industry median: 2.8 %2025 Company: -6.8 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 100 467 € · −22.4% vs 2024
0501001502022 Company: 6 963 €20222023 Company: 55 876 €20232024 Company: 129 429 €20242025 Company: 100 467 €20250501001502022 Company: 6 963 €2023 Company: 55 876 €20232024 Company: 129 429 €2025 Company: 100 467 €2025
Equity, € 2025: 25 605 € · −50.2% vs 2024
-20 000020 00040 00060 0002022 Company: -2 763 €20222023 Company: 32 174 €20232024 Company: 51 421 €20242025 Company: 25 605 €2025-20 000020 00040 00060 0002022 Company: -2 763 €2023 Company: 32 174 €20232024 Company: 51 421 €2025 Company: 25 605 €2025
Employees 2025: 6 · +20.0% vs 2024 · industry median 2 · above 85% of the industry
02462022 Company: 4 Industry median: 220222023 Company: 5 Industry median: 220232024 Company: 5 Industry median: 220242025 Company: 6 Industry median: 2202502462022 Company: 4 Industry median: 22023 Company: 5 Industry median: 220232024 Company: 5 Industry median: 22025 Company: 6 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 381 010 -25 816 120 785 100 467 25 605 6
2024 572 005 19 247 89 262 129 429 51 421 5
2023 200 865 34 937 58 582 55 876 32 174 5
2022 69 597 -5 263 38 920 6 963 -2 763 4

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
-6.8 %
Net profit / revenue
Return on equity (ROE)
-100.8 %
Net profit / equity
Return on assets (ROA)
-25.7 %
Net profit / assets
Equity ratio
25.5 %
Equity / assets
Debt ratio
74.5 %
Liabilities / assets
Current ratio
1.17
Current assets / current liabilities
Revenue per employee
63 502 €
Revenue / average full-time employees
Labour cost per employee per month
1 678 €
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 29 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 16 May 2024 Company’s own e-Äriregister
2022 6 Apr 2022 – 31 Dec 2022 30 Jun 2023 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)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50200155 / 4
15 Apr 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Apr 2024
PDF
Ä 50200155 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50200155 / 2
22 Mar 2023
Amendment entry In force
22 Mar 2023
PDF
Ä 50200155
6 Apr 2022
First entry In force
6 Apr 2022
PDF

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