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Real estate

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171

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471

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Nordecon AS

Legal form:

Public limited company

Registry code:

10099962

VAT no.:

EE100068463

Fiscal-year period:

01.01 - 31.12

Established:

04.11.1996 (29)

Former business names:

AS EESTI EHITUS, AS Nordecon International, Osaühing EESTI EHITUS

Capital:

14 378 485,72 EUR

Address:

Toompuiestee 35, Põhja-Tallinna linnaosa, Tallinn, Harju maakond, 10149

Status:

Registered

Contacts

Email:

nordecon@nordecon.com

Phone:

+372 6154400

Website:

www.nordecon.com

Industries

CONSTRUCTION
41001 - Construction of residential and non-residential buildings
Construction of civil engineering projects
Construction of roads and rail tracks
42111 - Construction of roads and motorways
Construction of other civil engineering projects
42991 - Construction of other civil engineering projects n.e.c.
REAL ESTATE ACTIVITIES
Real estate activities
Real estate activities and development of real estate projects
68111 - Buying and selling of own real estate
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Architectural & engineering activities; technical testing and analysis
Architectural & engineering activities and technical consultancy
Engineering activities and related technical consultancy
71121 - Construction engineering design and consultancy

VAT liability

	Start	End
EE100068463	01.01.1994

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	27.06.2025	Valid
2023	01.01.2023 - 31.12.2023	12.06.2024	Valid
2022	01.01.2022 - 31.12.2022	16.06.2023	Valid
2021	01.01.2021 - 31.12.2021	13.06.2022	Valid
2020	01.01.2020 - 31.12.2020	16.06.2021	Valid
2019	01.01.2019 - 31.12.2019	12.06.2020	Valid
2018	01.01.2018 - 31.12.2018	07.06.2019	Valid
2017	01.01.2017 - 31.12.2017	13.06.2018	Valid
2016	01.01.2016 - 31.12.2016	08.06.2017	Valid
2015	01.01.2015 - 31.12.2015	26.05.2016	Valid
2014	01.01.2014 - 31.12.2014	21.05.2015	Valid
2013	01.01.2013 - 31.12.2013	29.05.2014	Valid
2012	01.01.2012 - 31.12.2012	27.05.2013	Valid
2011	01.01.2011 - 31.12.2011	12.06.2012	Valid
2010	01.01.2010 - 31.12.2010	04.05.2011	Valid
2009	01.01.2009 - 31.12.2009	04.06.2010	Valid
2008	01.01.2008 - 31.12.2008	25.05.2009	Valid
2007	01.01.2007 - 31.12.2007	25.06.2008	Valid
2006	01.01.2006 - 31.12.2006	04.06.2007	Valid
2005	01.01.2005 - 31.12.2005	04.05.2006	Valid
2004	01.01.2004 - 31.12.2004	17.06.2005	Valid
2003	01.01.2003 - 31.12.2003	25.06.2004	Valid
2002	01.01.2002 - 31.12.2002	27.06.2003	Valid
2001	01.01.2001 - 31.12.2001	26.06.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

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Hidden

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020406080100

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Court decisions

171

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106

Real estate

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471

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	0 €	1 199 330 €	30 264 925 €16.9%	134
Kokku 2026:	0 €	1 199 330 €	30 264 925 €
2025 Q4	3 436 580 €	1 648 705 €	36 427 255 €37.2%	130
2025 Q3	2 774 687 €	1 377 471 €	26 558 570 €7.3%	129
2025 Q2	1 629 284 €	1 060 159 €	24 744 165 €9.1%	133
2025 Q1	1 936 959 €	915 442 €	27 218 383 €27.5%	126
Kokku 2025:	9 777 510 €	5 001 777 €	114 948 373 €18.9%
2024 Q4	2 026 113 €	838 757 €	37 552 384 €2.6%	130
2024 Q3	2 716 334 €	1 014 699 €	38 551 594 €5.5%	135
2024 Q2	1 733 647 €	905 443 €	36 538 050 €25.6%	142
2024 Q1	2 796 623 €	1 208 560 €	29 097 455 €24.8%	141
Kokku 2024:	9 272 717 €	3 967 459 €	141 739 483 €24.6%
2023 Q4	1 594 085 €	921 956 €	23 306 729 €0.6%	150
2023 Q3	1 357 800 €	869 784 €	23 442 762 €21.0%	146
2023 Q2	1 799 409 €	806 429 €	29 691 272 €20.4%	145
2023 Q1	2 451 821 €	1 079 958 €	37 319 099 €19.2%	150
Kokku 2023:	7 203 115 €	3 678 128 €	113 759 861 €37.5%
2022 Q4	1 481 537 €	986 972 €	46 201 949 €4.4%	156
2022 Q3	1 891 216 €	1 046 687 €	48 313 822 €3.0%	196
2022 Q2	2 082 806 €	1 015 273 €	46 890 613 €15.6%	212
2022 Q1	1 721 308 €	1 063 442 €	40 555 649 €14.6%	207
Kokku 2022:	7 176 867 €	4 112 373 €	181 962 033 €19.8%
2021 Q4	1 401 319 €	901 794 €	47 501 001 €17.8%	203
2021 Q3	1 641 480 €	1 096 608 €	40 308 468 €26.1%	213
2021 Q2	1 655 071 €	1 038 911 €	31 967 677 €0.6%	213
2021 Q1	2 250 278 €	924 971 €	32 167 109 €8.8%	215
Kokku 2021:	6 948 147 €	3 962 285 €	151 944 255 €7.1%
2020 Q4	1 737 045 €	957 869 €	35 290 141 €14.6%	216
2020 Q3	2 618 309 €	1 447 816 €	41 331 111 €24.2%	212
2020 Q2	1 878 461 €	932 521 €	33 266 873 €4.0%	223
2020 Q1	2 285 461 €	978 341 €	31 982 466 €9.2%	221
Kokku 2020:	8 519 277 €	4 316 547 €	141 870 591 €17.1%
2019 Q4	894 369 €	922 135 €	35 221 876 €6.2%	226
2019 Q3	2 043 531 €	986 995 €	37 537 799 €36.0%	254
2019 Q2	1 523 444 €	1 067 287 €	27 603 212 €32.5%	232
2019 Q1	1 695 132 €	982 422 €	20 836 667 €36.6%	203
Kokku 2019:	6 156 476 €	3 958 839 €	121 199 554 €3.2%
2018 Q4	2 497 178 €	1 309 877 €	32 858 354 €15.3%	205
2018 Q3	2 571 925 €	1 250 716 €	38 786 504 €38.7%	268
2018 Q2	1 677 234 €	1 038 557 €	27 971 413 €9.1%	279
2018 Q1	1 627 048 €	984 620 €	25 649 693 €28.7%	268
Kokku 2018:	8 373 385 €	4 583 770 €	125 265 964 €15.3%
2017 Q4	2 016 526 €	936 825 €	35 966 827 €17.7%	271
2017 Q3	2 294 913 €	1 294 121 €	43 711 153 €20.2%	281
2017 Q2	1 368 172 €	1 122 287 €	36 375 537 €14.1%	298
2017 Q1	1 463 147 €	990 503 €	31 885 845 €6.5%	265
Kokku 2017:	7 142 758 €	4 343 736 €	147 939 362 €19.9%
2016 Q4	2 511 431 €	1 039 238 €	29 933 774 €7.2%	319
2016 Q3	1 616 141 €	1 120 327 €	32 269 445 €15.2%	319
2016 Q2	1 938 290 €	1 320 972 €	38 048 726 €64.8%	319
2016 Q1	1 334 185 €	801 395 €	23 083 055 €7.9%	319
Kokku 2016:	7 400 047 €	4 281 932 €	123 335 000 €21.2%
2015 Q4	2 699 113 €	967 513 €	21 392 589 €2.3%	313
2015 Q3	1 535 241 €	945 481 €	20 905 442 €49.5%	313
2015 Q2	1 978 436 €	1 873 674 €	41 428 626 €129.8%	313
2015 Q1	1 611 002 €	815 405 €	18 029 342 €	313
Kokku 2015:	7 823 792 €	4 602 073 €	101 755 999 €

Revenue by industry

	2022	2023	2024
Construction of residential and non-residential buildings	134 258 000 €	92 701 000 €	129 148 000 €
Construction of other civil engineering projects n.e.c.	1 388 000 €		3 332 000 €
Construction engineering design and consultancy	2 297 000 €	2 093 000 €	1 807 000 €
Construction of roads and motorways	15 443 000 €		537 000 €
Buying and selling of own real estate			80 000 €
Development of building projects	2 452 000 €	4 382 000 €
Other specialised construction activities n.e.c.	1 106 000 €	752 000 €
Bridge and tunnel construction	860 000 €
Hydraulic engineering	201 000 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Deniss Berman	38706XXXXXX	17.06.1987 (38)	Board member	02.01.2025	-
Tarmo Pohlak	37410XXXXXX	04.10.1974 (51)	Board member	06.06.2023	-
Maret Tambek	46702XXXXXX	06.02.1967 (59)	Board member	04.05.2017	-

21 inactive record hidden, extended access to the information portal is required to view history!

1 - 3 / 3 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
AS Nordic Contractors	-	06.01.1998 (28)	Shareholder	7 355 965,74 EUR	51,16	Sole ownership	04.11.2024	-
Aktsiaselts Luksusjaht	-	26.02.1998 (28)	Shareholder	1 924 064,50 EUR	13,38	Sole ownership	28.02.2024	-

271 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Andre Luman	38407XXXXXX	24.07.1984 (41)	Supervisory-board member	04.06.2025	-
Sandor Liive	37002XXXXXX	25.02.1970 (56)	Supervisory-board member	04.06.2025	-
Vello Kahro	35802XXXXXX	25.02.1958 (68)	Supervisory-board member	04.06.2025	-
Toomas Luman	35910XXXXXX	30.10.1959 (66)	Chairman of the supervisory board	04.06.2025	-
Andri Hõbemägi	37203XXXXXX	16.03.1972 (54)	Supervisory-board member	04.06.2025	-

25 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 7 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
OÜ Kalda Kodu	05.12.2005	Shareholder	6 403,00 EUR	100	Sole ownership	07.04.2026	-
OÜ EE Ressursid	05.01.1998	Shareholder	6 515,00 EUR	100	Sole ownership	24.03.2025	-
OÜ Eurocon	24.09.2009	Shareholder	2 658,00 EUR	100	Sole ownership	13.12.2023	-
OÜ Eesti Ehitus	03.04.2009	Shareholder	2 562,00 EUR	100	Sole ownership	02.09.2023	-
OÜ Linnaehitus	03.04.2009	Shareholder	2 562,00 EUR	100	Sole ownership	02.09.2023	-

68 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 13 rows

2026 Q1

Turnover

Amount

30 264 925 €

Monthly average

10 088 308 €

Per employee

75 286 €

Equity ratio

70,16%

Labour taxes

Turnover ratio

3,96%

Tax ratio

0,00%

Monthly average

399 777 €

Per employee

3 029 €

State taxes

Monthly average

0 €

Turnover ratio

0,00%

Estimated salary

Gross salary

5 341 €

Net salary

4 118 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	-	36 338 000 €3.5%	37 654 000 €6.8%	40 383 000 €11.2%	36 303 000 €10.9%	32 741 000 €
Non-current assets	-	50 275 000 €8.9%	55 163 000 €5.9%	52 101 000 €3.7%	50 233 000 €7.5%	46 728 000 €
Total assets	81 576 000 €5.8%	86 613 000 €6.7%	92 817 000 €0.4%	92 484 000 €6.9%	86 536 000 €8.9%	79 469 000 €
Short-term liabilities	-	51 347 000 €22.8%	66 517 000 €9.5%	60 760 000 €14.2%	53 213 000 €26.3%	42 119 000 €
Long-term liabilities	-	11 577 000 €178.2%	4 161 000 €25.5%	5 588 000 €4.3%	5 841 000 €44.2%	10 463 000 €
Total liabilities	-	62 924 000 €11.0%	70 678 000 €6.5%	66 348 000 €12.4%	59 054 000 €12.3%	52 582 000 €
Share or stock capital	-	14 378 000 €	14 378 000 €	14 378 000 €	14 378 000 €	14 378 000 €
Retained earnings	-	7 761 000 €34.0%	11 758 000 €4.9%	11 212 000 €2.7%	10 920 000 €15.6%	9 445 000 €
Net profit	-	1 550 000 €138.8%	-3 997 000 €832.1%	546 000 €75.0%	2 184 000 €28.7%	3 064 000 €
Equity	-	23 689 000 €7.0%	22 139 000 €15.3%	26 136 000 €4.9%	27 482 000 €2.2%	26 887 000 €
Turnover	134 904 000 €35.0%	99 928 000 €36.8%	158 006 000 €14.5%	137 980 992 €0.0%	138 050 000 €13.1%	122 041 000 €
Profit margin	0.00%	1.55%161.3%	-2.53%739.3%	0.40%75.0%	1.58%37.0%	2.51%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	V.X	B.N	S.F	0.7	0.7
Quick ratio	Y.J	U.H	N.U	0.5	0.5
Cash ratio	T.U	G.C	P.A	0.0	0.1
Efficiency
Days sales outstanding (dso)	-	-	-	-	-
Asset turnover	-	-	-	-	-
Structure
Debt ratio	U.K	C.P	C.R	0.7	0.7
Profitability
Operating margin	-	-	-	-	-
Net profit margin	-	-	-	-	-
Return on assets (roa)	N.N%	E.I%	C.U%	0.0%	0.0%
Return on equity (roe)	S.P%	E.H%	G.J%	0.0%	0.0%

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Licences & notices

Type	Number	Field	Status	Start	End
Notice of economic activity	EH10099962-0001	- > Construction	Valid	16.06.2025	-
Notice of economic activity	FEH000166	- > Construction and maintenance	Valid	01.06.2022	-
Notice of economic activity	E 86/2003	- > Heritage protection	Valid	14.01.2014	-
Notice of economic activity	EL10099962-0001	- > Electrical works	Valid	21.10.2003	-
Notice of economic activity	EP10099962-0001	- > Design / engineering	Valid	20.02.2003	-

1 - 5 / 5 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10006692 / 54	02.01.2025	Entry - Amendment entry		Entered into force (02.01.2025)
Ä 10006692 / M16	17.12.2024	Directive order - Amendment entry		Entered into force (17.12.2024)
Ä 10006692 / 53	19.01.2024	Entry - Amendment entry		Entered into force (19.01.2024)
Ä 10006692 / M15	09.01.2024	Order to remedy deficiencies - Amendment entry	27.01.2024	Deficiencies remedied (19.01.2024)
Ä 10006692 / 52	06.06.2023	Entry - Amendment entry		Entered into force (06.06.2023)

1 - 5 / 83 rows

Real estate

Address	Area	Purpose
A. Puškini tn 27, Narva linn, Ida-Viru maakond	4514 m²	Commercial land 15%, Residential land 85%
Allika tn 40, Kärdla linn, Hiiumaa vald, Hiiu maakond	2090 m²	Commercial land 55%, Residential land 45%
Argo, Vaidasoo küla, Rae vald, Harju maakond	40474 m²	Mining-industry land 100%
Aspi, Nõmme küla, Hiiumaa vald, Hiiu maakond	15053 m²	Industrial land 100%
Biopuhastusseadmete, Sillaotsa küla, Paide linn, Järva maakond	2560 m²	Waste-storage land 100%

14 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 106 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-19-10872/257	Civil case	Court ruling	Law of obligations	Ruth Sild	ECLI:EE:PMK:2024:2.19.10872.6449	10.04.2024
2-21-10575/31	Civil case	Court ruling (Compromise ruling)	Law of obligations	Indrek Soots, Maris Kuurberg, Neve Uudelt	ECLI:EE:TLRK:2022:2.21.10575.22270	21.12.2022
2-20-17182/47	Civil case	Court ruling (Compromise ruling)	Law of obligations	Anna Liiv	ECLI:EE:HMK:2022:2.20.17182.18442	12.10.2022
2-22-10831/8	Civil case	Court judgment (Default judgment)	Law of obligations	Eve Grass	ECLI:EE:PMK:2022:2.22.10831.20067	27.09.2022
2-22-2391/12	Civil case	Court ruling (Compromise ruling)	Law of obligations	Margit Vutt	ECLI:EE:TMK:2022:2.22.2391.6004	25.04.2022

1 - 5 / 45 rows

Official announcements

Subject	Date
Notice of auction of immovable property in enforcement proceedings	31.12.2025
Notice of auction of immovable property in enforcement proceedings	28.11.2025
Notice of auction of immovable property in enforcement proceedings	11.11.2025
Notice of auction of immovable property in enforcement proceedings	03.10.2025
Notice of auction of immovable property in enforcement proceedings	02.09.2025

1 - 5 / 171 rows

Public transactions

Date	Party	Amount	Classification
29.04.2026	Tallinna Linnavaraamet	348 888.01 € Received	NON-CURRENT ASSETS Basic and general secondary education
29.04.2026	Osaühing Strantum	1 117 679.09 € Received	NON-CURRENT ASSETS Other economy, incl. economic administration
31.03.2026	Osaühing Strantum	1 055 040.70 € Received	NON-CURRENT ASSETS Other economy, incl. economic administration
23.03.2026	Riigi Kinnisvara Aktsiaselts	405 312.53 € Received	NON-CURRENT ASSETS Other general services
13.03.2026	Eesti Rahvusringhääling	494 491.92 € Received	NON-CURRENT ASSETS Broadcasting and publishing services

1 - 5 / 471 rows

.ee domains

Domain	Status	Registered	Expires	End
seileri.ee	Active	28.07.2020	29.07.2026	-
tariston.ee	Active	06.10.2016	07.10.2027	-
tammelinn.ee	Active	05.03.2014	06.03.2027	-
nordecon.ee	Active	04.07.2010	06.11.2028	-
eston.ee	Active	04.07.2010	01.09.2026	-

1 - 5 / 9 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders