NORDICUM-RAK OÜ

Active Registry code 16608011 OÜ Tallinn Registered 4 Nov 2022
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NORDICUM-RAK OÜ is a OÜ based in Tallinn, registry code 16608011, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €94 527 with 2 employees.

Turnover
94 527 €
↑ 20.8% vs Q2 2026
State taxes
5 665 €
↑ 39.0% vs Q2 2026
Labour taxes
1 221 €
↑ 31.1% vs Q2 2026
Employees
2

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 94 527 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 611 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 164 355 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 18.5 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 94 527 € · +20.8% vs Q2 2026 · industry median 25 252 € · above 78% of the industry
020 00040 00060 00080 000100 000Q4 2023 Company: 4 282 € Industry median: 26 427 €Q4·23Q1 2024 Company: 0 € Industry median: 19 618 €Q2 2024 Company: 19 382 € Industry median: 21 373 €Q2·24Q3 2024 Company: 35 533 € Industry median: 26 160 €Q4 2024 Company: 21 423 € Industry median: 25 496 €Q4·24Q1 2025 Company: 11 850 € Industry median: 19 568 €Q2 2025 Company: 27 725 € Industry median: 22 577 €Q2·25Q3 2025 Company: 51 064 € Industry median: 25 533 €Q4 2025 Company: 56 388 € Industry median: 25 721 €Q4·25Q1 2026 Company: 49 651 € Industry median: 20 483 €Q2 2026 Company: 78 240 € Industry median: 22 672 €Q2·26Q3 2026 Company: 94 527 € Industry median: 25 252 €Q3·26020 00040 00060 00080 000100 000Q4 2024 Company: 21 423 € Industry median: 25 496 €Q1 2025 Company: 11 850 € Industry median: 19 568 €Q1·25Q2 2025 Company: 27 725 € Industry median: 22 577 €Q3 2025 Company: 51 064 € Industry median: 25 533 €Q3·25Q4 2025 Company: 56 388 € Industry median: 25 721 €Q1 2026 Company: 49 651 € Industry median: 20 483 €Q1·26Q2 2026 Company: 78 240 € Industry median: 22 672 €Q3 2026 Company: 94 527 € 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: 611 € · industry median 1 211 € · above 17% of the industry
05001 0001 5002 000Q4 2023 Company: 90 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 089 € Industry median: 1 097 €Q2 2024 Company: 1 529 € Industry median: 1 083 €Q2·24Q3 2024 Company: — Industry median: 1 142 €Q4 2024 Company: 321 € Industry median: 1 179 €Q4·24Q1 2025 Company: — Industry median: 1 188 €Q2 2025 Company: — Industry median: 1 149 €Q2·25Q3 2025 Company: — Industry median: 1 208 €Q4 2025 Company: — Industry median: 1 254 €Q4·25Q1 2026 Company: 652 € Industry median: 1 183 €Q2 2026 Company: — Industry median: 1 166 €Q2·26Q3 2026 Company: 611 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: 321 € Industry median: 1 179 €Q1 2025 Company: — Industry median: 1 188 €Q1·25Q2 2025 Company: — Industry median: 1 149 €Q3 2025 Company: — Industry median: 1 208 €Q3·25Q4 2025 Company: — Industry median: 1 254 €Q1 2026 Company: 652 € Industry median: 1 183 €Q1·26Q2 2026 Company: — Industry median: 1 166 €Q3 2026 Company: 611 € 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: 2
0246810Q4 2023 Company: 9Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: —Q4 2024 Company: 1Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: 1Q2 2026 Company: —Q2·26Q3 2026 Company: 2Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: 1Q1·26Q2 2026 Company: —Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 5 665 € · +39.0% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 1 568 €Q4·23Q1 2024 Company: 917 €Q2 2024 Company: 2 283 €Q2·24Q3 2024 Company: 4 525 €Q4 2024 Company: 2 983 €Q4·24Q1 2025 Company: 1 987 €Q2 2025 Company: 2 063 €Q2·25Q3 2025 Company: 4 982 €Q4 2025 Company: 3 553 €Q4·25Q1 2026 Company: 1 340 €Q2 2026 Company: 4 075 €Q2·26Q3 2026 Company: 5 665 €Q3·2602 0004 0006 000Q4 2024 Company: 2 983 €Q1 2025 Company: 1 987 €Q1·25Q2 2025 Company: 2 063 €Q3 2025 Company: 4 982 €Q3·25Q4 2025 Company: 3 553 €Q1 2026 Company: 1 340 €Q1·26Q2 2026 Company: 4 075 €Q3 2026 Company: 5 665 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 94 527 5 665 1 221 2
Q2 2026 78 240 4 075 931 —
Q1 2026 49 651 1 340 652 1
Q4 2025 56 388 3 553 — —
Q3 2025 51 064 4 982 — —
Q2 2025 27 725 2 063 179 —
Q1 2025 11 850 1 987 1 006 —
Q4 2024 21 423 2 983 321 1
Q3 2024 35 533 4 525 179 —
Q2 2024 19 382 2 283 1 529 1
Q1 2024 — 917 1 089 1
Q4 2023 4 282 1 568 806 9
Q3 2023 — — — 1
Labour taxes per employee per month
204 €
Turnover per employee in the quarter
47 264 €

Q3 2026 · calculated from EMTA data

Financials by year

2023 – 2025
Revenue, € thousand 2025: 164 355 € · +119.2% vs 2024 · industry median 38 239 € · above 76% of the industry
0501001502002023 Company: 14 443 € Industry median: 37 270 €20232024 Company: 74 976 € Industry median: 37 693 €20242025 Company: 164 355 € Industry median: 38 239 €20250501001502002023 Company: 14 443 € Industry median: 37 270 €20232024 Company: 74 976 € Industry median: 37 693 €2025 Company: 164 355 € 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: 30 484 € · +57.4% vs 2024 · industry median 411 € · above 88% of the industry
010 00020 00030 00040 0002023 Company: 23 € Industry median: 253 €20232024 Company: 19 371 € Industry median: 108 €20242025 Company: 30 484 € Industry median: 411 €2025010 00020 00030 00040 0002023 Company: 23 € Industry median: 253 €20232024 Company: 19 371 € Industry median: 108 €2025 Company: 30 484 € 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: 18.5 % · −7.3 pp vs the year before · industry median 3.5 % · above 78% of the industry
01020302023 Company: 0.2 % Industry median: 3.9 %20232024 Company: 25.8 % Industry median: 2.8 %20242025 Company: 18.5 % Industry median: 3.5 %202501020302023 Company: 0.2 % Industry median: 3.9 %20232024 Company: 25.8 % Industry median: 2.8 %2025 Company: 18.5 % 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, € 2025: 55 472 € · +131.7% vs 2024
020 00040 00060 0002023 Company: 6 802 €20232024 Company: 23 939 €20242025 Company: 55 472 €2025020 00040 00060 0002023 Company: 6 802 €20232024 Company: 23 939 €2025 Company: 55 472 €2025
Equity, € 2025: 52 378 € · +139.2% vs 2024
020 00040 00060 0002023 Company: 2 523 €20232024 Company: 21 894 €20242025 Company: 52 378 €2025020 00040 00060 0002023 Company: 2 523 €20232024 Company: 21 894 €2025 Company: 52 378 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
01232023 Company: 3 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 2202501232023 Company: 3 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 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 164 355 30 484 2 960 55 472 52 378 1
2024 74 976 19 371 4 939 23 939 21 894 1
2023 14 443 23 9 536 6 802 2 523 3

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
18.5 %
Net profit / revenue
Return on equity (ROE)
58.2 %
Net profit / equity
Return on assets (ROA)
55.0 %
Net profit / assets
Equity ratio
94.4 %
Equity / assets
Debt ratio
5.6 %
Liabilities / assets
Current ratio
26.73
Current assets / current liabilities
Revenue per employee
164 355 €
Revenue / average full-time employees
Labour cost per employee per month
247 €
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 13 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 15 Jun 2025 Company’s own e-Äriregister
2023 4 Nov 2022 – 31 Dec 2023 13 Jun 2024 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

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50214489 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50214489
4 Nov 2022
First entry In force
4 Nov 2022
PDF

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