Osaühing Norrec

Legal formLegal form:: Private limited company
Registry codeRegistry code:: 10249568
VAT no.VAT no.:: EE100144620
Fiscal-year periodFiscal-year period:: 01.01 - 31.12
EstablishedEstablished:: 18.08.1997 (29 y)
CapitalCapital:: 40 000 EEK
AddressAddress:: Surju keskus 7-11, Surju küla, Saarde vald, Pärnu maakond, 86401
StatusStatus:: Registered

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Contacts

EmailEmail:: siim.sakk1@gmail.com

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Industries

WHOLESALE AND RETAIL TRADE
Wholesale trade
Wholesale on a fee or contract basis
Non-specialised wholesale agency services
46191 – Non-specialised wholesale agency services

VAT liability

VAT no.	Start	End
EE100144620	24.09.2012	-
EE100144620	01.10.1997	10.09.2007

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	18.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	18.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	26.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	27.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	19.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	29.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	27.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	29.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	19.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	17.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	26.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	29.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	29.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	30.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	29.10.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	29.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	29.06.2007	Valid	PDF
2004	01.01.2004 – 31.12.2004	30.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	01.07.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	30.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	19.06.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	29.06.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations17 Public transactions–Grants–State aid2 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q2	2 222 €	0 €	10 640 €+83,1%	-
2026 Q1	1 238 €	0 €	5 811 €−70,9%	-
Total 2026:	3 460 €	0 €	16 451 €
2025 Q4	4 350 €	0 €	19 999 €+718%	-
2025 Q3	410 €	0 €	2 445 €−67,2%	-
2025 Q2	1 518 €	0 €	7 446 €−28,4%	-
2025 Q1	2 073 €	0 €	10 405 €+2,6%	-
Total 2025:	8 351 €	0 €	40 295 €
2024 Q4	1 999 €	0 €	10 139 €+1 276%	-
2024 Q3	144 €	0 €	737 €−92,3%	-
2024 Q2	2 009 €	0 €	9 574 €+171%	-
2024 Q1	509 €	0 €	3 536 €−53,2%	-
Total 2024:	4 661 €	0 €	23 986 €
2023 Q4	1 172 €	0 €	7 559 €+246%	-
2023 Q3	374 €	0 €	2 186 €−74,5%	-
2023 Q2	1 536 €	0 €	8 588 €−1,9%	-
2023 Q1	1 617 €	0 €	8 755 €+8,9%	-
Total 2023:	4 699 €	0 €	27 088 €
2022 Q4	1 372 €	0 €	8 042 €+131%	-
2022 Q3	683 €	0 €	3 475 €−15,7%	-
2022 Q2	675 €	0 €	4 123 €+40,1%	-
2022 Q1	490 €	0 €	2 943 €+22,4%	-
Total 2022:	3 220 €	0 €	18 583 €
2021 Q4	101,22 €	0 €	2 403,58 €+43,2%	-
2021 Q3	136,30 €	0 €	1 678,90 €−70,8%	-
2021 Q2	955,94 €	0 €	5 745 €−39,0%	-
2021 Q1	1 771,95 €	0 €	9 416,90 €+16,1%	-
Total 2021:	2 965,41 €	0 €	19 244,38 €
2020 Q4	1 389,57 €	0 €	8 108,90 €+37,6%	-
2020 Q3	738,55 €	0 €	5 892,88 €+89,8%	-
2020 Q2	557,20 €	0 €	3 104,50 €−86,8%	-
2020 Q1	1 513 €	0 €	23 475 €+152%	0
Total 2020:	4 198,32 €	0 €	40 581,28 €
2019 Q4	1 440 €	0 €	9 328 €+83,3%	0
2019 Q3	547 €	0 €	5 088 €−43,9%	0
2019 Q2	1 186 €	0 €	9 070 €−62,8%	0
2019 Q1	1 134 €	0 €	24 386 €+21,6%	0
Total 2019:	4 307 €	0 €	47 872 €
2018 Q4	2 692 €	0 €	20 050 €+111%	0
2018 Q3	1 449 €	0 €	9 515 €+39,9%	0
2018 Q2	922 €	0 €	6 801 €−12,2%	0
2018 Q1	587 €	0 €	7 743 €−48,1%	0
Total 2018:	5 650 €	0 €	44 109 €
2017 Q4	2 058 €	0 €	14 932 €+319%	0
2017 Q3	405 €	0 €	3 562 €−62,3%	0
2017 Q2	1 311 €	0 €	9 448 €−26,1%	0
2017 Q1	1 303 €	0 €	12 788 €	0
Total 2017:	5 077 €	0 €	40 730 €
2016 Q4	1 176 €	0 €	0 €	0
2016 Q3	320 €	0 €	0 €	0
2016 Q2	720 €	0 €	0 €	0
2016 Q1	522 €	0 €	0 €	0
Total 2016:	2 738 €	0 €	0 €
2015 Q4	891 €	0 €	0 €	0
2015 Q3	344 €	0 €	0 €	0
2015 Q2	289 €	0 €	0 €	0
2015 Q1	324 €	0 €	0 €	0
Total 2015:	1 848 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Non-specialised wholesale agency services		28 239 €	40 077 €
Other human resources provision	24 107 €

Tax debts

No tax debt found

No tax debt as of 29.09.2026

Representatives

	Personal ID code
Margus Mägi	37107XXXXXX	12.07.1971 (55)	Board member	29.07.2026	-

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Shareholders

	Personal ID code
Margus Mägi	37107XXXXXX	12.07.1971 (55)	Shareholder	40 000 EEK	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Margus Mägi	37107XXXXXX	12.07.1971 (55)	Founder	18.08.1997	-

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Ultimate beneficial owners

	Personal ID code
Margus Mägi	37107XXXXXX	12.07.1971 (55)	Direct holding	08.01.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q2

Turnover

Amount: 10 640 €
Monthly average: 3 547 €
Per employee: -
Equity ratio: 8,87%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 741 €
Turnover ratio: 20,88%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	146 824 €+63,4%	89 872 €+17,2%	76 677 €+30,4%	58 788 €+38,0%	42 613 €−1,6%	43 327 €+18,3%	36 639 €
Non-current assets	4 220 €−66,7%	12 658 €−40,0%	21 096 €−40,0%	35 160 €−21,3%	44 660 €	44 660 €+46,6%	30 454 €
Total assets	151 044 €+47,3%	102 530 €+4,9%	97 773 €+4,1%	93 948 €+7,6%	87 273 €−0,8%	87 987 €+31,1%	67 093 €
Short-term liabilities	47 670 €	-	-	-	-	-	-
Long-term liabilities	955 €−97,0%	32 016 €−25,1%	-	42 747 €+112%	20 211 €	20 211 €+37,8%	14 668 €
Total liabilities	48 625 €+51,9%	32 016 €−25,1%	-	42 747 €+112%	20 211 €	20 211 €+37,8%	14 668 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	67 958 €+25,1%	54 306 €+11,6%	48 645 €−5,6%	51 516 €−24,0%	67 776 €+23,3%	54 981 €+2 000%	2 618 €
Net profit	31 905 €+134%	13 652 €+141%	5 661 €+297%	-2 871 €+82,3%	-16 260 €−227%	12 795 €+251%	3 644 €
Equity	102 419 €+45,2%	70 514 €+24,0%	56 862 €+11,1%	51 201 €−23,7%	67 062 €−1,1%	67 776 €+29,3%	52 425 €
Turnover	40 077 €+41,9%	28 239 €+17,1%	24 107 €+7,6%	22 412 €+44,4%	15 525 €−61,4%	40 201 €−14,6%	47 049 €
Profit margin	79,6%	48,3%	23,5%	-12,8%	-104,7%	31,8%	7,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	14 519 €	3 090 €
Liquidity
Current ratio	1,4	2,1
Quick ratio	1,4	2,1
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	-	-
Asset turnover	0,2	0,2
Structure
Debt ratio	0,5	0,2
Profitability
Operating margin	-12,8%	-104,7%
Net profit margin	-12,8%	-104,7%
Return on assets (roa)	-3,2%	-18,6%
Return on equity (roe)	-5,6%	-24,2%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 30006407 / M5	29.07.2026	Order refunding the fee (NAP) – Amendment entry	-	Entered into force29.07.2026
Ä 30006407 / M4	29.07.2026	Directive order – Amendment entry	-	Entered into force29.07.2026
Ä 30006407 / 14	29.07.2026	Entry – Amendment entry	-	Entered into force29.07.2026
Ä 30006407 / M3	15.07.2026	Order to remedy deficiencies – Amendment entry	31.07.2026	Deficiencies remedied29.07.2026
Ä 30006407 / 13	19.03.2026	Entry – Amendment entry under NSPA § 595¹ (1)	-	Entered into force19.03.2026

Real estate

No real estate found

Company has no real estate

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

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


18.06.2026	Põllumajanduse Registrite ja Informatsiooni AmetAid measure 16522	Maapiirkonnas majandustegevuse arendamine (VTA) › InvesteeringudGrant	14 317,20 €	16522/2600404
08.02.2023	Riigi Tugiteenuste KeskusAid measure 16562	Regionaalareng (VTA) › MuuGrant	550 €	16562/2300218

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.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.