ORICA EESTI OSAÜHING

Legal form:: Private limited company
Registry code:: 10186632
VAT no.:: EE100145946
Fiscal-year period:: 01.10 - 30.09
Established:: 29.01.1997 (29 y)
Former business names:: OSAÜHING DYNAMIT NOBEL EESTI
Capital:: 3 580 000 EUR
Address:: Naaritsa, Mustanina küla, Narva-Jõesuu linn, Ida-Viru maakond, 40111
Status:: Registered

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Contacts

Phone:: +372 3364611
Email:: info@orica-estonia.com

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Industries

MANUFACTURING
Manufacture of chemicals and chemical products
Manufacture of other chemical products
20511 – Manufacture of explosives

VAT liability

VAT no.	Start	End
EE100145946	01.02.1997	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2026	01.10.2025 – 30.09.2026	31.03.2027	Not submitted
2024	01.10.2023 – 30.09.2024	04.03.2026	Valid	PDF
2023	01.10.2022 – 30.09.2023	12.03.2025	Valid	PDF
2022	01.10.2021 – 30.09.2022	16.01.2024	Valid	PDF
2021	01.10.2020 – 30.09.2021	21.09.2023	Valid	PDF
2020	01.10.2019 – 30.09.2020	24.10.2022	Valid	PDF
2019	01.10.2018 – 30.09.2019	16.04.2021	Valid	PDF
2018	01.10.2017 – 30.09.2018	30.01.2020	Valid	PDF
2017	01.10.2016 – 30.09.2017	15.01.2019	Valid	PDF
2016	01.10.2015 – 30.09.2016	03.04.2018	Valid	PDF
2015	01.10.2014 – 30.09.2015	13.10.2016	Valid	PDF
2014	01.10.2013 – 30.09.2014	29.10.2015	Valid	PDF
2013	01.10.2012 – 30.09.2013	06.10.2014	Valid	PDF
2012	01.10.2011 – 30.09.2012	07.10.2013	Valid	PDF
2011	01.10.2010 – 30.09.2011	08.10.2012	Valid	PDF
2010	01.10.2009 – 30.09.2010	01.03.2011	Valid	PDF
2009	01.10.2008 – 30.09.2009	30.03.2010	Valid	PDF
2008	01.10.2007 – 30.09.2008	02.04.2009	Valid	PDF
2007	01.10.2006 – 30.09.2007	31.03.2008	Valid	PDF
2006	01.10.2005 – 30.09.2006	15.03.2007	Valid	PDF
2005	01.10.2004 – 30.09.2005	27.03.2006	Valid	PDF
2004	01.10.2003 – 30.09.2004	08.04.2005	Valid	PDF
2003	01.10.2002 – 30.09.2003	24.03.2004	Valid	PDF
2002	01.10.2001 – 30.09.2002	13.03.2003	Valid	PDF
2001	01.10.2000 – 30.09.2001	14.03.2002	Valid	PDF
2000	01.10.1999 – 30.09.2000	19.03.2001	Valid	PDF

Unsubmitted declarations

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No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions19 Official announcements10 TTJA decisions–Real estate3 .ee domains–Licenses–Regulations46 Public transactions7 Grants–State aid–Public procurement3 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1,19 M €	368 226 €	5,59 M €−21,2%	58
2026 Q2	1,27 M €	321 183 €	7,09 M €−3,8%	58
2026 Q1	2,56 M €	371 113 €	7,37 M €−12,8%	59
Total 2026:	5,02 M €	1,06 M €	20,0 M €
2025 Q4	1,48 M €	444 498 €	8,45 M €+40,2%	59
2025 Q3	1,03 M €	376 521 €	6,03 M €−28,5%	60
2025 Q2	1,44 M €	322 756 €	8,43 M €+8,2%	60
2025 Q1	2,53 M €	445 408 €	7,79 M €−5,6%	60
Total 2025:	6,49 M €	1,59 M €	30,7 M €
2024 Q4	1,35 M €	334 110 €	8,25 M €+60,2%	60
2024 Q3	793 827 €	340 014 €	5,15 M €−39,5%	60
2024 Q2	1,55 M €	333 271 €	8,51 M €+13,5%	62
2024 Q1	2,04 M €	423 331 €	7,50 M €−13,4%	66
Total 2024:	5,73 M €	1,43 M €	29,4 M €
2023 Q4	1,27 M €	335 517 €	8,66 M €+21,4%	67
2023 Q3	1,06 M €	333 794 €	7,13 M €−23,6%	66
2023 Q2	2,18 M €	357 069 €	9,33 M €−35,9%	66
2023 Q1	2,26 M €	350 056 €	14,5 M €−13,7%	67
Total 2023:	6,77 M €	1,38 M €	39,7 M €
2022 Q4	2,31 M €	339 616 €	16,8 M €+47,7%	68
2022 Q3	1,48 M €	266 544 €	11,4 M €+8,6%	67
2022 Q2	1,37 M €	241 332 €	10,5 M €+19,8%	63
2022 Q1	1,94 M €	326 908 €	8,76 M €−3,2%	58
Total 2022:	7,10 M €	1,17 M €	47,5 M €
2021 Q4	1,14 M €	279 966,94 €	9,05 M €+61,3%	59
2021 Q3	810 614,20 €	238 233,14 €	5,61 M €−10,8%	59
2021 Q2	945 048,97 €	232 781,54 €	6,29 M €+11,7%	62
2021 Q1	1,62 M €	314 805,98 €	5,63 M €−6,6%	63
Total 2021:	4,52 M €	1,07 M €	26,6 M €
2020 Q4	924 555,79 €	301 527,08 €	6,03 M €+16,4%	63
2020 Q3	679 416,20 €	198 537,69 €	5,18 M €+0,2%	62
2020 Q2	733 341,07 €	203 141,34 €	5,17 M €−15,8%	67
2020 Q1	1,90 M €	355 596 €	6,14 M €−6,5%	69
Total 2020:	4,23 M €	1,06 M €	22,5 M €
2019 Q4	903 935 €	259 644 €	6,56 M €+26,8%	69
2019 Q3	706 120 €	246 281 €	5,18 M €−38,7%	78
2019 Q2	1,06 M €	287 413 €	8,45 M €−8,0%	78
2019 Q1	2,56 M €	331 640 €	9,19 M €−4,7%	79
Total 2019:	5,22 M €	1,12 M €	29,4 M €
2018 Q4	1,42 M €	348 112 €	9,64 M €+18,6%	80
2018 Q3	1,10 M €	309 003 €	8,13 M €−14,1%	79
2018 Q2	1,31 M €	259 584 €	9,46 M €+6,2%	79
2018 Q1	2,88 M €	382 425 €	8,90 M €+1,9%	80
Total 2018:	6,71 M €	1,30 M €	36,1 M €
2017 Q4	1,14 M €	284 535 €	8,74 M €+1,1%	80
2017 Q3	1,23 M €	257 526 €	8,65 M €−10,3%	79
2017 Q2	1,35 M €	248 227 €	9,64 M €+2,4%	81
2017 Q1	2,57 M €	366 153 €	9,41 M €	79
Total 2017:	6,29 M €	1,16 M €	36,4 M €
2016 Q4	1,29 M €	238 879 €	0 €	1
2016 Q3	1,00 M €	267 231 €	0 €	1
2016 Q2	950 944 €	245 699 €	0 €	1
2016 Q1	2,88 M €	375 758 €	0 €	1
Total 2016:	6,13 M €	1,13 M €	0 €
2015 Q4	1,38 M €	347 459 €	0 €	1
2015 Q3	1,48 M €	276 581 €	0 €	1
2015 Q2	2,82 M €	266 684 €	0 €	1
2015 Q1	1,46 M €	404 084 €	0 €	1
Total 2015:	7,14 M €	1,29 M €	0 €

Revenue by industry

	2022	2023	2024
Manufacture of explosives	25 734 016 €	32 132 384 €	22 204 984 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Urmas Rägo	37404XXXXXX	29.04.1974 (52)	Board member	19.05.2026	-

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Shareholders

	Personal ID code
Orica Europe GmbH & Co. KG	HRA 3XXX	-	Shareholder	2 327 000 EUR	65,00%	Sole ownership	01.09.2023	-
Enefit Industry OÜ	10579981	04.10.1999 (27)	Shareholder	1 253 000 EUR	35,00%	Sole ownership	08.01.2026	-

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Other persons

	Personal ID code
Mariam Akopian	-	06.04.1985 (41)	Chairman of the supervisory board	11.12.2025	-
Andrei Frolov	37404XXXXXX	07.04.1974 (52)	Supervisory-board member	11.12.2025	-
Christine Boos	-	10.01.1973 (53)	Supervisory-board member	11.12.2025	-
Eric Dumaresq	-	15.06.1986 (40)	Supervisory-board member	11.12.2025	-
Lauri Karp	37404XXXXXX	17.04.1974 (52)	Supervisory-board member	11.12.2025	-

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Ultimate beneficial owners

	Personal ID code
Sanjeev Gandhi	-	-	Member of higher governing body (board or supervisory board)	15.04.2021	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 5 588 066 €
Monthly average: 1 862 689 €
Per employee: 32 115 €
Equity ratio: 52,03%

Labour taxes

Turnover ratio: 6,59%
Tax ratio: 30,97%
Monthly average: 122 742 €
Per employee: 2 116 €

State taxes

Monthly average: 396 335 €
Turnover ratio: 21,28%

Estimated salary

Gross salary: 3 802 €
Net salary: 3 013 €

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	11 006 828 €+1,2%	10 878 060 €−16,0%	12 951 902 €+32,7%	9 759 646 €+15,3%	8 466 832 €−12,6%	9 682 595 €
Non-current assets	330 323 €−57,7%	781 607 €−47,8%	1 498 736 €−32,4%	2 215 730 €−21,4%	2 818 492 €+1,0%	2 790 548 €
Total assets	11 337 151 €−2,8%	11 659 667 €−19,3%	14 450 638 €+20,7%	11 975 376 €+6,1%	11 285 324 €−9,5%	12 473 143 €
Short-term liabilities	2 278 476 €+8,2%	2 105 546 €−59,4%	5 191 781 €+69,4%	3 065 480 €+29,8%	2 362 246 €−5,9%	2 509 473 €
Long-term liabilities	19 937 €−36,3%	31 280 €−28,2%	43 556 €+499%	7 266 €−74,0%	27 931 €−2,7%	28 717 €
Total liabilities	2 298 413 €+7,6%	2 136 826 €−59,2%	5 235 337 €+70,4%	3 072 746 €+28,6%	2 390 177 €−5,8%	2 538 190 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	855 544 €+15,8%	738 822 €+6,3%	695 048 €+0,2%	694 001 €−24,5%	919 622 €−30,3%	1 318 807 €
Net profit	4 245 194 €−12,4%	4 846 019 €+5,8%	4 582 253 €+7,3%	4 270 629 €+5,8%	4 037 525 €−13,7%	4 678 146 €
Equity	9 038 738 €−5,1%	9 522 841 €+3,3%	9 215 301 €+3,5%	8 902 630 €+0,1%	8 895 147 €−10,5%	9 934 953 €
Turnover	22 204 984 €−30,9%	32 132 384 €+24,9%	25 734 016 €+45,8%	17 652 440 €+1,5%	17 399 876 €−23,9%	22 870 092 €
Profit margin	19,1%	15,1%	17,8%	24,2%	23,2%	20,5%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	5 823 048 €	5 681 054 €
Liquidity
Current ratio	3,2	3,6
Quick ratio	2,6	3,0
Cash ratio	2,2	2,5
Efficiency
Days sales outstanding (dso)	23,9	18,1
Asset turnover	1,5	1,5
Structure
Debt ratio	0,3	0,2
Profitability
Operating margin	28,1%	28,5%
Net profit margin	24,2%	23,2%
Return on assets (roa)	36,7%	34,0%
Return on equity (roe)	48,0%	45,4%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 40002068 / M38	21.05.2026	Order refunding the fee (NAP)	-	Entered into force21.05.2026
Ä 40002068 / 14	19.05.2026	Entry – Amendment entry	-	Entered into force19.05.2026
Ä 40002068 / M37	13.05.2026	Reporting-fine order	28.05.2026	Entered into force29.05.2026
Ä 40002068 / M36	06.04.2026	Fine-warning order – annual report not filed	06.05.2026	Entered into force06.04.2026
Ä 40002068 / 13	08.01.2026	Entry – Amendment entry	-	Entered into force08.01.2026

Real estate

		Purpose
Naaritsa, Mustanina küla, Narva-Jõesuu linn, Ida-Viru maakond	531 680 m²	Mining-industry land 100%
Narva mnt 9, Voka alevik, Jõhvi vald, Ida-Viru maakondSpace: 24	2187 m²	Residential land 100%
Pikk tn 85a, Toila alevik, Jõhvi vald, Ida-Viru maakond	1555 m²	Residential land 100%

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions


2-17-12910/89	Määruskaebusmenetlus	Court ruling	-	Andra Pärsimägi, Triin Uusen-Nacke, Kersti Kerstna-Vaks	ECLI:EE:TRRK:2021:2.17.12910.13988	06.07.2021	Open
2-17-12910/83	Kohtu I astme menetlus	Court ruling	Law of obligations	Tarmo Tina	ECLI:EE:VMK:2021:2.17.12910.14484	09.03.2021	Open
2-18-2570/38	Apellatsioonmenetlus	Court judgment	Property law, law of obligations	Andra Pärsimägi, Triin Uusen-Nacke, Indrek Parrest	ECLI:EE:TRRK:2020:2.18.2570.21075	18.05.2020	Open
2-17-12910/76	Apellatsioonmenetlus	Court judgment	Law of obligations	Üllar Roostoja, Triin Uusen-Nacke, Viivi Tomson	ECLI:EE:TRRK:2020:2.17.12910.9539	16.03.2020	Open
2-18-2570/25	Kohtu I astme menetlus	Court judgment	Law of obligations, property law	Tamara Šabarova	ECLI:EE:VMK:2019:2.18.2570.28714	21.10.2019	Open

Official announcements


Notice of granting or refusal of an integrated permit	10.03.2021	PDF
Notice of disclosure of the draft integrated permit	22.02.2021	PDF
Notice of initiation of proceedings for an integrated permit	14.01.2021	PDF
Notice of granting or refusal of an integrated permit	17.03.2017	PDF
Notice of disclosure of the draft integrated permit	20.02.2017	PDF

Public transactions


11.05.2026	Päästeamet	30 232,44 €Received	OPERATING EXPENSESRescue services
20.11.2025	Tarbijakaitse ja Tehnilise Järelevalve Amet	6 511,24 €Received	OPERATING EXPENSESGeneral economic and trade policy
15.03.2024	Päästeamet	11 400,90 €Received	OPERATING EXPENSESRescue services
21.12.2023	Päästeamet	4 828,80 €Received	OPERATING EXPENSESRescue services
08.03.2023	Päästeamet	7 864,32 €Received	OPERATING EXPENSESRescue services

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts


18.12.2025End 31.12.2033	Reference number 296668 · Müügi raamleping_296668_ORICA EESTI OÜ_Pumbatavate emulsioonlõhkeainete ostmine	Enefit Industry OÜContracting authority	129 000 000 €	Concluded
08.11.2013End 30.11.2018	Reference number 143781 · EEK12580	Enefit Kaevandused ASContracting authority	29 046 000 €actual 22 713 800 €	Completed
20.12.2012End 31.12.2017	Reference number 139694 · EEK11989	Enefit Kaevandused ASContracting authority	90 900 000 €actual 79 005 100 €	Completed

.ee domains

No domains found

Company has no valid .ee domains

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.