Aktsiaselts Nordic Lumber

Legal form:: Public limited company
Registry code:: 10114058
VAT no.:: EE100397118
Fiscal-year period:: 01.01 - 31.12
Established:: 04.12.1996 (29 y)
Former business names:: Aktsiaselts KESTVUSPUIT, ELKE PALIVERE PUUTÖÖSTUSE AKTSIASELTS, PALIVERE EMT AKTSIASELTS
Capital:: 189 000 EUR
Address:: Lähtru tee 25, Palivere alevik, Lääne-Nigula vald, Lääne maakond, 90802
Status:: Registered
E-invoice reception:: Arvekeskus

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Contacts

Phone:: +372 4724740
Email:: info@nordiclumber.eu
Website:: http://www.nordiclumber.eu

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Industries

Industry TOPNo. 4 of 88 companies

1.OÜ Lasita Maja41.3M €
2.OÜ Thermoarena17.5M €
3.Tori Sawmill OÜ11.1M €
4.Aktsiaselts Nordic Lumber6.5M €
5.WoodMore OÜ5.2M €
6.osaühing Falaris Puit3.6M €
7.EK WOOD OÜ3.1M €
8.Genetrade Wood Products OÜ2.4M €
9.Purila Timber OÜ2.3M €
10.DecoWood OÜ1.9M €

Main activity 16121 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100397118	01.01.1994	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	10.02.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	18.02.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	26.02.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	22.02.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	25.03.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	11.02.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	14.02.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	06.03.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	22.02.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	09.03.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	29.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	02.03.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	19.05.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	04.03.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	23.02.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	23.02.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	14.05.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	11.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	18.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	03.05.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	09.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	08.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	17.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	19.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	18.06.2001	Valid	PDF

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No unsubmitted declarations as of 31.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements12 TTJA decisions–Real estate3 .ee domains2 Licenses–Regulations29 Public transactions106 Grants2 State aid20 Public procurement1 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	198 421 €	67 330 €	1,60 M €−12,3%	26
2026 Q2	151 360 €	54 323 €	1,82 M €+64,2%	29
2026 Q1	110 740 €	60 829 €	1,11 M €−43,9%	24
Total 2026:	460 521 €	182 482 €	4,53 M €
2025 Q4	162 773 €	75 560 €	1,98 M €−11,7%	24
2025 Q3	206 634 €	74 961 €	2,24 M €+3,1%	27
2025 Q2	210 143 €	61 268 €	2,18 M €+29,9%	26
2025 Q1	135 076 €	57 069 €	1,68 M €−13,2%	23
Total 2025:	714 626 €	268 858 €	8,08 M €
2024 Q4	130 781 €	62 138 €	1,93 M €−8,9%	23
2024 Q3	208 052 €	66 243 €	2,12 M €+20,1%	28
2024 Q2	141 035 €	48 987 €	1,77 M €+66,7%	29
2024 Q1	95 923 €	50 695 €	1,06 M €−40,0%	25
Total 2024:	575 791 €	228 063 €	6,87 M €
2023 Q4	154 288 €	58 342 €	1,76 M €+9,3%	25
2023 Q3	182 318 €	64 089 €	1,61 M €−6,6%	27
2023 Q2	142 613 €	51 762 €	1,73 M €+36,0%	29
2023 Q1	102 591 €	51 052 €	1,27 M €−38,3%	28
Total 2023:	581 810 €	225 245 €	6,38 M €
2022 Q4	190 358 €	54 036 €	2,06 M €−6,0%	26
2022 Q3	159 833 €	61 056 €	2,19 M €−0,5%	28
2022 Q2	73 099 €	52 727 €	2,20 M €+94,7%	31
2022 Q1	53 170 €	48 265 €	1,13 M €−36,7%	30
Total 2022:	476 460 €	216 084 €	7,59 M €
2021 Q4	72 254,13 €	52 993,42 €	1,79 M €+1,4%	27
2021 Q3	92 830,56 €	57 799,36 €	1,76 M €−4,8%	29
2021 Q2	74 545,45 €	46 508,54 €	1,85 M €+83,6%	31
2021 Q1	40 506,65 €	43 266,63 €	1,01 M €−28,2%	27
Total 2021:	280 136,79 €	200 567,95 €	6,41 M €
2020 Q4	56 538,67 €	46 880,96 €	1,40 M €−11,6%	26
2020 Q3	98 727,86 €	51 509,98 €	1,59 M €+14,9%	28
2020 Q2	57 676,97 €	38 779,36 €	1,38 M €+46,4%	30
2020 Q1	40 846 €	41 735 €	943 353 €−29,0%	24
Total 2020:	253 789,50 €	178 905,30 €	5,32 M €
2019 Q4	45 696 €	38 866 €	1,33 M €−13,5%	24
2019 Q3	77 464 €	41 167 €	1,54 M €+32,1%	30
2019 Q2	67 230 €	35 489 €	1,16 M €+61,6%	25
2019 Q1	38 683 €	36 203 €	720 035 €−37,0%	24
Total 2019:	229 073 €	151 725 €	4,75 M €
2018 Q4	37 418 €	38 884 €	1,14 M €−12,7%	23
2018 Q3	77 867 €	40 831 €	1,31 M €+9,5%	25
2018 Q2	62 871 €	33 256 €	1,20 M €+96,4%	27
2018 Q1	31 274 €	33 755 €	609 116 €−40,8%	24
Total 2018:	209 430 €	146 726 €	4,26 M €
2017 Q4	60 055 €	40 020 €	1,03 M €−13,4%	25
2017 Q3	124 051 €	45 618 €	1,19 M €−23,6%	27
2017 Q2	95 776 €	37 652 €	1,55 M €+59,0%	28
2017 Q1	52 247 €	36 320 €	977 748 €+32,5%	27
Total 2017:	332 129 €	159 610 €	4,75 M €
2016 Q4	117 255 €	38 629 €	737 750 €−4,2%	26
2016 Q3	56 685 €	40 304 €	769 746 €+24,7%	26
2016 Q2	40 066 €	32 319 €	617 247 €+7,3%	26
2016 Q1	27 948 €	30 113 €	575 117 €+12,8%	26
Total 2016:	241 954 €	141 365 €	2,70 M €
2015 Q4	54 773 €	34 728 €	509 814 €−16,9%	28
2015 Q3	87 464 €	41 775 €	613 269 €+18,0%	28
2015 Q2	65 324 €	35 405 €	519 753 €+24,6%	28
2015 Q1	27 171 €	28 413 €	417 117 €	28
Total 2015:	234 732 €	140 321 €	2,06 M €

Revenue by industry

	2023	2024	2025
Wood processing and finishing		2 522 697 €	2 776 999 €
Wholesale of wood and primary wood products	1 285 090 €	1 425 607 €	1 698 919 €
Sawing and planing of wood		505 632 €	293 224 €
Freight transport by road	61 454 €	122 601 €	93 775 €
Manufacture of wooden household and decorative articles and other wood products		2 648 €	9 251 €
Renting and operating of own or leased real estate	5 225 €	6 800 €	6 939 €
Manufacture of furniture (excl. mattresses)		6 111 €	4 288 €
Sewerage and wastewater treatment	3 582 €	3 859 €	3 988 €
Recovery of materials for recycling			1 030 €
Water supply for domestic use		423 €	430 €
Manufacture of wooden containers and pallets			183 €
Collection of non-hazardous waste		2 257 €
Drying, impregnation and chemical treatment of wood	2 212 915 €
Manufacture of sawn timber	450 090 €
Manufacture of other furniture n.e.c.	84 451 €
Freight forwarding	41 858 €
Manufacture of other wood-based panels	8 902 €
Treatment and disposal of non-hazardous waste	644 €
Water collection, treatment and supply	424 €

Tax debts

No tax debt found

No tax debt as of 31.10.2026

Representatives

	Personal ID code
Taavi Saar	36804XXXXXX	10.04.1968 (58)	Board member	07.01.2022	-
Marko Tali	37808XXXXXX	13.08.1978 (48)	Board member	18.11.2010	-

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Shareholders

	Personal ID code
OÜ United Partners Investments	10978008	16.10.2003 (23)	Shareholder	189 000 EUR	100,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Mart Tooming	36810XXXXXX	10.10.1968 (58)	Chairman of the supervisory board	24.04.2017	-
Anne Tamm	45504XXXXXX	25.04.1955 (71)	Supervisory-board member	24.04.2017	-
Tarmo Rooteman	37307XXXXXX	21.07.1973 (53)	Supervisory-board member	24.04.2017	-
Signe Pius	46110XXXXXX	13.10.1961 (65)	Audit firm	29.06.2009	-

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Ultimate beneficial owners

	Personal ID code
Mart Tooming	36810XXXXXX	10.10.1968 (58)	Direct holding	14.10.2018	-
Tarmo Rooteman	37307XXXXXX	21.07.1973 (53)	Direct holding	14.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 1 598 961 €
Monthly average: 532 987 €
Per employee: 20 500 €
Equity ratio: 282,00%

Labour taxes

Turnover ratio: 4,21%
Tax ratio: 33,93%
Monthly average: 22 443 €
Per employee: 816 €

State taxes

Monthly average: 66 140 €
Turnover ratio: 12,41%

Estimated salary

Gross salary: 1 584 €
Net salary: 1 345 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 850 024 €−1,1%	1 869 840 €−2,7%	1 921 892 €−16,8%	2 311 153 €+8,5%	2 130 520 €+61,3%	1 320 925 €+1,7%	1 299 193 €
Non-current assets	574 014 €+10,6%	518 871 €−10,2%	577 837 €−9,7%	639 619 €−1,6%	650 202 €−6,2%	692 865 €+30,5%	531 045 €
Total assets	2 424 038 €+1,5%	2 388 711 €−4,4%	2 499 729 €−15,3%	2 950 772 €+6,1%	2 780 722 €+38,1%	2 013 790 €+10,0%	1 830 238 €
Short-term liabilities	991 956 €−11,9%	1 125 766 €+15,1%	978 277 €−24,4%	1 293 762 €+3,3%	1 252 118 €+83,9%	680 883 €+5,3%	646 561 €
Long-term liabilities	50 421 €+723%	6 125 €−91,1%	68 510 €−34,1%	103 987 €+5,1%	98 931 €−21,5%	126 106 €+510%	20 683 €
Total liabilities	1 042 377 €−7,9%	1 131 891 €+8,1%	1 046 787 €−25,1%	1 397 749 €+3,5%	1 351 049 €+67,4%	806 989 €+20,9%	667 244 €
Share or stock capital	189 000 €	189 000 €	189 000 €	189 000 €	189 000 €	189 000 €	189 000 €
Retained earnings	1 048 647 €−15,8%	1 244 769 €−7,4%	1 344 850 €+10,1%	1 221 500 €+22,3%	998 628 €+4,6%	954 821 €+5,3%	906 946 €
Net profit	124 841 €+164%	-196 122 €−96,0%	-100 081 €−181%	123 350 €−44,7%	222 872 €+409%	43 807 €−8,5%	47 875 €
Equity	1 381 661 €+9,9%	1 256 820 €−13,5%	1 452 942 €−6,4%	1 553 023 €+8,6%	1 429 673 €+18,5%	1 206 801 €+3,8%	1 162 994 €
Turnover	4 889 026 €+6,3%	4 598 635 €+10,7%	4 154 635 €−25,3%	5 564 158 €+15,2%	4 828 171 €+29,2%	3 736 267 €+1,9%	3 666 059 €
Profit margin	2,6%	-4,3%	-2,4%	2,2%	4,6%	1,2%	1,3%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	260 480 €	359 331 €
Liquidity
Current ratio	1,8	1,7
Quick ratio	0,3	0,3
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	23,5	24,2
Asset turnover	1,9	2,0
Structure
Debt ratio	0,5	0,5
Profitability
Operating margin	2,6%	5,0%
Net profit margin	2,2%	4,6%
Return on assets (roa)	4,3%	9,3%
Return on equity (roe)	7,9%	15,6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 30026041 / 17	07.01.2022	Entry – Amendment entry	-	Entered into force07.01.2022
Ä 30026041 / 16	18.01.2018	Entry – Amendment entry	-	Entered into force18.01.2018
Ä 30026041 / 15	04.12.2017	Entry – Amendment entry	-	Entered into force04.12.2017
Ä 30026041 / 14	28.09.2017	Entry – Amendment entry	-	Entered into force28.09.2017
Ä 30026041 / 13	20.10.2015	Entry – Amendment entry	-	Entered into force20.10.2015

Real estate

		Purpose
Kestvuse, Kaasiku küla, Lääne-Nigula vald, Lääne maakond	9496 m²	Industrial land 100%
Lähtru tee 25, Palivere alevik, Lääne-Nigula vald, Lääne maakond	218 817 m²	Industrial land 100%
Lähtru tee 25h, Palivere alevik, Lääne-Nigula vald, Lääne maakond	1794 m²	Industrial land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements


Notice of granting or refusal of an environmental permit	29.05.2020	PDF
Notice of granting or refusal of an air-pollution permit	27.09.2017	PDF
Notice of disclosure of the draft air-pollution permit	13.09.2017	PDF
Notice of initiation of proceedings for an air-pollution permit	17.08.2017	PDF
Notice of granting or refusal of a special water-use permit	14.03.2017	PDF

Public transactions


30.06.2026	Kuusalu Vallavalitsus	1 676,14 €Received	OPERATING EXPENSESRoad transport
16.06.2026	Haapsalu Kutsehariduskeskus	300,05 €Received	OPERATING EXPENSESAdult continuing education
12.06.2026	Kuusalu Vallavalitsus	406,89 €Received	OPERATING EXPENSESRoad transport
08.06.2026	Lääne-Nigula Vallavalitsus	249,70 €Received	OPERATING EXPENSESPre-primary education
04.06.2026	Osaühing Haapsalu Linna Spordibaasid	339,84 €Received	OPERATING EXPENSESSport

Funded projects


Immutusainega Tanalith E immutatud puidu omaduste parandamine3.1.1701.09-0101	Innovatsiooniosakute toetusmeedeERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	02.11.2009 – 30.12.20092007-2013	3 195,58 €	3 195,58 €	Completed
Keskjuhi oskuskoolitus1.0200.06-0276	Inimressursi arendamine ettevõtete majandusliku konkurentsivõime suurendamiseksESF · Ettevõtluse ja Innovatsiooni Sihtasutus	21.03.2006 – 22.05.20062004-2006	888,37 €	888,37 €	Completed

State aid


21.05.2026	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	81 €	241642/2600776
19.02.2026	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	374,12 €	241642/2600238
25.09.2025	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	116,90 €	241642/2501453
13.02.2025	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	64,45 €	241642/2500127
06.06.2024	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	42 €	241642/2400208

Public procurement contracts


06.06.2016End 31.12.2016	Reference number 175055	Eesti Loodushoiu KeskusContracting authority	16 456 €	Completed

.ee domains


nordiclumber.ee	Active	01.10.2013	02.10.2027
kestvuspuit.ee	Active	04.07.2010	30.09.2027

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

Data comes from public registers.