Nordic Road OÜ
Nordic Road OÜ is a OÜ based in Tartu linn, registry code 16676952, status: active. Main activity: Construction of roads and motorways. According to EMTA, turnover for Q3 2026 was €879 663 with 7 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 879 663 €above 90% of companiesindustry median 52 240 € · companies in the industry: 1 125
- Labour taxes per employee 3 668 €above 81% of companiesindustry median 1 750 € · companies in the industry: 933
- Revenue · 2025 2.3 mn €above 91% of companiesindustry median 88 960 € · companies in the industry: 1 426
- Net profit margin · 2025 7.8 %above 58% of companiesindustry median 5.0 % · companies in the industry: 1 185
Taxes and turnover
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 879 663 | 37 928 | 25 679 | 7 |
| Q2 2026 | 801 810 | 63 295 | 17 134 | 6 |
| Q1 2026 | 194 232 | — | 15 695 | 4 |
| Q4 2025 | 855 656 | 17 204 | 18 695 | 4 |
| Q3 2025 | 747 397 | 64 308 | 16 173 | 4 |
| Q2 2025 | 543 223 | 45 411 | 11 784 | 4 |
| Q1 2025 | 164 967 | — | 11 653 | 3 |
| Q4 2024 | 1 003 428 | — | 11 390 | 3 |
| Q3 2024 | 1 678 403 | 58 033 | 9 007 | 3 |
| Q2 2024 | 407 700 | 36 003 | 9 103 | 3 |
| Q1 2024 | 220 138 | 15 355 | 4 931 | 3 |
| Q4 2023 | 667 198 | 22 497 | 1 644 | 1 |
| Q3 2023 | 245 285 | 5 396 | — | — |
| Q2 2023 | 72 590 | — | — | — |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Civil engineering (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 2 326 127 | 181 165 | 152 172 | 676 912 | 336 723 | 4 |
| 2024 | 3 119 723 | 38 076 | 100 298 | 394 154 | 155 558 | 3 |
| 2023 | 1 110 787 | 116 482 | 11 095 | 192 772 | 116 482 | 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
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 | 15 Feb 2023 – 31 Dec 2023 | 30 Jun 2024 | Company’s own | e-Äriregister |
Board
- Alver AllikBoard member · since 15 Feb 2023
- Rait AllikBoard member · since 15 Feb 2023
- Ergo PaasBoard member · since 1 Oct 2024
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Asfaldiproff OÜLegal person · 14187166 · 667 €
- OÜ EP Project ManagementLegal person · 16938518 · 333 €
Beneficial owners
- Ergo PaasMember of a senior management body (management or supervisory board) · since 10 Oct 2024
- Alver AllikMember of a senior management body (management or supervisory board) · since 25 Jun 2024
- Rait AllikMember of a senior management body (management or supervisory board) · since 15 Feb 2023
Founders and other persons
- Asfaldiproff OÜFounder · 0 € · 14 Feb 2023
Related companies
Activities (EMTAK)
- 42111Construction of roads and motorways Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50221916 / 6 2 Oct 2024 |
Amendment entry | In force 2 Oct 2024 |
||
| Ä 50221916 / M1 1 Oct 2024 |
Ruling to eliminate deficiencies | Deficiencies eliminated 2 Oct 2024 |
||
| Ä 50221916 / 5 1 Oct 2024 |
Amendment entry | In force 1 Oct 2024 |
||
| Ä 50221916 / 4 9 May 2024 |
Amendment entry | In force 9 May 2024 |
||
| Ä 50221916 / 3 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 50221916 / 2 31 Mar 2023 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 31 Mar 2023 |
||
| Ä 50221916 15 Feb 2023 |
First entry | In force 15 Feb 2023 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data