AS Nordic Contractors

Legal form:: Public limited company
Registry code:: 10359185
VAT no.:: EE100760020
Fiscal-year period:: 01.01 - 31.12
Established:: 06.01.1998 (28 y)
Former business names:: AKTSIASELTS EE EHITUS, AS EE GRUPP, AS Nordecon
Capital:: 12 000 000 EUR
Address:: Liivalaia tn 13, Kesklinna linnaosa, Tallinn, Harju maakond, 10118
Status:: Registered
LEI code:: 2549001S9IKQW2A1B647

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Contacts

Phone:: +372 6272020

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Industries

Industry TOPNo. 64 of 2598 companies

64.AS Nordic Contractors496.8k €

Main activity 69202 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100760020	01.06.2002	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	01.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	28.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	20.07.2022	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Expired	PDF
2020	01.01.2020 – 31.12.2020	29.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	01.07.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	25.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	30.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	29.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	30.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	26.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	29.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	28.06.2011	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	27.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	30.05.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	21.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	28.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	11.06.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	27.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	04.07.2002	Valid	PDF
2000	01.01.2000 – 31.12.2000	29.06.2001	Valid	PDF
1999	01.01.1999 – 31.12.1999	-	-
1998	01.01.1998 – 31.12.1998	-	-
1997	01.01.1997 – 31.12.1997	-	-
1995	01.01.1995 – 31.12.1995	-	-

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 21.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements10 TTJA decisions–Real estate3 .ee domains5 Licenses1 Regulations25 Public transactions–Grants–State aid–Public procurement–Holdings in companies7 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	95 656 €	97 512 €	89 268 €−71,5%	16
2026 Q2	158 244 €	133 196 €	313 252 €+598%	16
2026 Q1	95 921 €	95 476 €	44 906 €−9,1%	17
Total 2026:	349 821 €	326 184 €	447 426 €
2025 Q4	120 926 €	120 622 €	49 414 €−39,9%	17
2025 Q3	93 359 €	95 773 €	82 262 €−56,2%	17
2025 Q2	163 217 €	144 780 €	188 024 €−11,3%	17
2025 Q1	110 009 €	82 727 €	212 054 €+167%	18
Total 2025:	487 511 €	443 902 €	531 754 €
2024 Q4	50 471 €	51 133 €	79 304 €+46,0%	17
2024 Q3	50 335 €	51 243 €	54 321 €−3,1%	16
2024 Q2	49 029 €	50 439 €	56 062 €−74,2%	16
2024 Q1	74 143 €	51 404 €	216 912 €+28,4%	16
Total 2024:	223 978 €	204 219 €	406 599 €
2023 Q4	55 065 €	50 404 €	168 956 €+22,0%	16
2023 Q3	49 166 €	50 496 €	138 533 €+89,2%	16
2023 Q2	47 656 €	49 498 €	73 237 €+11,5%	16
2023 Q1	52 268 €	53 187 €	65 668 €−75,6%	16
Total 2023:	204 155 €	203 585 €	446 394 €
2022 Q4	106 828 €	68 551 €	269 452 €+11,2%	17
2022 Q3	67 378 €	38 181 €	242 415 €−8,9%	17
2022 Q2	109 686 €	77 147 €	266 108 €+300%	17
2022 Q1	52 270 €	53 346 €	66 525 €+17,3%	17
Total 2022:	336 162 €	237 225 €	844 500 €
2021 Q4	72 272,17 €	75 108,99 €	56 713,41 €−86,1%	10
2021 Q3	116 407,94 €	53 695,43 €	408 241,51 €+96,3%	10
2021 Q2	81 051,72 €	55 055,65 €	207 942,69 €−45,4%	10
2021 Q1	116 040,78 €	56 090,98 €	380 853,83 €+534%	11
Total 2021:	385 772,61 €	239 951,05 €	1,05 M €
2020 Q4	51 199,14 €	52 478,99 €	60 107,18 €−21,2%	11
2020 Q3	52 127,87 €	52 281,83 €	76 262,01 €+23,1%	11
2020 Q2	52 049,23 €	54 031,48 €	61 942,08 €−65,1%	11
2020 Q1	68 382 €	52 399 €	177 698 €+154%	11
Total 2020:	223 758,24 €	211 191,30 €	376 009,27 €
2019 Q4	55 425 €	55 873 €	69 979 €−81,5%	11
2019 Q3	107 394 €	51 936 €	378 760 €+480%	11
2019 Q2	136 158 €	145 289 €	65 304 €−58,9%	11
2019 Q1	67 132 €	51 951 €	158 851 €−57,9%	11
Total 2019:	366 109 €	305 049 €	672 894 €
2018 Q4	98 073 €	43 202 €	376 976 €+319%	11
2018 Q3	44 529 €	43 142 €	89 909 €+36,6%	10
2018 Q2	49 025 €	47 679 €	65 807 €−83,4%	10
2018 Q1	108 749 €	46 238 €	396 599 €+496%	10
Total 2018:	300 376 €	180 261 €	929 291 €
2017 Q4	39 878 €	41 863 €	66 520 €−8,5%	10
2017 Q3	62 003 €	56 448 €	72 706 €+10,5%	10
2017 Q2	40 299 €	42 760 €	65 791 €−58,7%	10
2017 Q1	54 962 €	42 501 €	159 235 €+0,6%	10
Total 2017:	197 142 €	183 572 €	364 252 €
2016 Q4	39 285 €	41 360 €	158 331 €+0,3%	9
2016 Q3	38 850 €	41 237 €	157 858 €−0,3%	9
2016 Q2	38 839 €	41 340 €	158 254 €+0,4%	9
2016 Q1	54 212 €	41 158 €	157 557 €+4,2%	9
Total 2016:	171 186 €	165 095 €	632 000 €
2015 Q4	73 531 €	41 649 €	151 250 €+0,1%	9
2015 Q3	39 235 €	41 608 €	151 101 €+1,2%	9
2015 Q2	56 624 €	41 106 €	149 278 €−5,1%	9
2015 Q1	78 141 €	43 335 €	157 371 €	9
Total 2015:	247 531 €	167 698 €	609 000 €

Revenue by industry

	2023	2024	2025
Accounting and tax consultancy	212 092 €	212 835 €	199 355 €
Activities of holding companies	155 166 €	104 079 €	146 712 €
All other professional, scientific and technical activities n.e.c.		178 186 €	134 687 €
Renting and operating of own or leased real estate	83 114 €	42 960 €	5 528 €
Rental and leasing of passenger cars and light vans (gross weight up to 3.5 t)		2 884 €	1 534 €
Other professional, scientific and technical activities n.e.c.	261 904 €
Rental and leasing of passenger cars and light vans (gross weight under 3.5 t)	1 684 €

Tax debts

No tax debt found

No tax debt as of 21.10.2026

Representatives

	Personal ID code
Latvian Central Depository	40003XXXXXX	-	Share-register keeper	28.09.2017	-
Toomas Luman	35910XXXXXX	30.10.1959 (66)	Board member	06.01.1998	-

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Shareholders

	Personal ID code
Osaühing LUMAN JA POJAD	10377935	06.02.1998 (28)	Shareholder	6 000 000,60 EUR	50,00%	Sole ownership	13.08.2026	-
OÜ INVESTAR	10955289	19.06.2003 (23)	Shareholder	3 600 000 EUR	30,00%	Sole ownership	16.08.2023	-
TL Holdinginvesteeringud OÜ	12528918	30.08.2013 (13)	Shareholder	1 800 000 EUR	15,00%	Sole ownership	16.08.2023	-

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Other persons

	Personal ID code
Egon Mats	35403XXXXXX	02.03.1954 (72)	Supervisory-board member	20.12.2021	-
Liivi Luman	46009XXXXXX	07.09.1960 (66)	Supervisory-board member	20.12.2021	-
Jan Luman	38701XXXXXX	30.01.1987 (39)	Supervisory-board member	20.12.2021	-
Andre Luman	38407XXXXXX	24.07.1984 (42)	Chairman of the supervisory board	08.02.2019	-
KPMG Baltics OÜ	10096082	22.11.1996 (29)	Audit firm	17.05.2007	-

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Ultimate beneficial owners

	Personal ID code
Egon Mats	35403XXXXXX	02.03.1954 (72)	Indirect holding	29.10.2018	-
Liivi Luman	46009XXXXXX	07.09.1960 (66)	Indirect holding	29.10.2018	-
Toomas Luman	35910XXXXXX	30.10.1959 (66)	Indirect holding	29.10.2018	-

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Holdings in companies


LOHUSALU SADAM OÜ	04.06.2003	Shareholder	500 000 EEK	100,00%	Sole ownership	01.09.2023	-
Nordic Contractors Holding OÜ	14.01.2009	Shareholder	40 000 EEK	100,00%	Sole ownership	02.09.2023	-
OÜ Arealis Kinnisvara	30.07.2004	Shareholder	40 000 EEK	100,00%	Sole ownership	24.03.2025	-
Aktsiaselts ECE European City Estates	11.08.2004	Shareholder	63 900 EUR	100,00%	Sole ownership	30.10.2025	-
AS Nordic Metal&Chemical Works	05.11.2025	Shareholder	25 000 EUR	100,00%	Sole ownership	05.11.2025	-

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2026 Q3

Turnover

Amount: 89 268 €
Monthly average: 29 756 €
Per employee: 1 860 €
Equity ratio: 0,25%

Labour taxes

Turnover ratio: 109,24%
Tax ratio: 101,94%
Monthly average: 32 504 €
Per employee: 2 032 €

State taxes

Monthly average: 31 885 €
Turnover ratio: 107,16%

Estimated salary

Gross salary: 3 658 €
Net salary: 2 904 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	-	-	1 178 000 €+13,7%	1 036 000 €+2,6%	1 010 000 €−53,3%	2 165 000 €−67,7%	6 693 000 €
Non-current assets	-	-	27 645 000 €−5,0%	29 085 000 €−24,5%	38 507 000 €−0,1%	38 557 000 €+7,5%	35 855 000 €
Total assets	27 464 154 €−27,0%	37 643 008 €+30,6%	28 823 000 €−4,3%	30 120 950 €−23,8%	39 517 000 €−3,0%	40 722 000 €−4,3%	42 548 312 €
Short-term liabilities	-	-	12 557 000 €−13,6%	14 534 000 €+155%	5 709 000 €+4,4%	5 469 000 €−30,3%	7 841 000 €
Long-term liabilities	-	-	5 396 000 €+3,4%	5 217 000 €−60,3%	13 147 000 €−11,0%	14 776 000 €−5,6%	15 651 000 €
Total liabilities	-	-	17 953 000 €−9,1%	19 751 000 €+4,7%	18 856 000 €−6,9%	20 245 000 €−13,8%	23 492 000 €
Share or stock capital	-	-	12 000 000 €	12 000 000 €	12 000 000 €	12 000 000 €	12 000 000 €
Retained earnings	-	-	-2 909 000 €−141%	7 082 000 €+9,2%	6 485 000 €+12,2%	5 778 000 €+66,4%	3 473 000 €
Net profit	-	-	500 000 €+105%	-9 991 000 €−1 214%	897 000 €−36,9%	1 421 000 €−38,4%	2 305 000 €
Equity	-	-	10 870 000 €+4,8%	10 370 000 €−49,8%	20 661 000 €+0,9%	20 477 000 €+7,5%	19 056 000 €
Turnover	487 816 €−9,8%	540 944 €−24,2%	713 960 €−29,5%	1 012 174 €+25,1%	809 000 €+39,8%	578 545 €−11,0%	650 000 €
Profit margin	-	-	70,0%	-987,1%	110,9%	245,6%	354,6%

Financial ratios

	2020	2019
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	0,4	0,9
Quick ratio	0,4	0,8
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	-	-
Asset turnover	-	-
Structure
Debt ratio	0,5	0,6
Profitability
Operating margin	-	-
Net profit margin	-	-
Return on assets (roa)	-	-
Return on equity (roe)	-	-

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Licences & notices


License	J.1-7/06/V-48	Frequency licences	Valid	15.02.2006	15.02.2023

Regulations


Ä 10022520 / 21	02.01.2025	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force02.01.2025
Ä 10022520 / M6	11.07.2022	Order to remedy annual-report deficiencies	10.08.2022	Deficiencies remedied20.07.2022
Ä 10022520 / 20	08.07.2022	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force08.07.2022
Ä 10022520 / M5	07.07.2022	Order to remedy deficiencies – Second, constitutive merger entry (on acquiring entity’s registry card)	21.07.2022	Deficiencies remedied08.07.2022
Ä 10022520 / 19	06.01.2021	Entry – Amendment entry	-	Entered into force06.01.2021

Real estate

		Purpose
Lohusalu tee 152, Lohusalu küla, Lääne-Harju vald, Harju maakond	38 334 m²	Industrial land 100%
Lohusalu tee L3, Lohusalu küla, Lääne-Harju vald, Harju maakond	975 m²	Agricultural land 100%
Tatari tänav T5, Kesklinna linnaosa, Tallinn, Harju maakond	184 m²	Transport 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 conclusion of a public limited company merger agreement	16.10.2024	PDF
Notice of conclusion of a public limited company merger agreement	16.10.2024	PDF
Notice of conclusion of a public limited company merger agreement	16.10.2024	PDF
Notice of conclusion of a public limited company merger agreement	16.10.2024	PDF
Notice of company merger	08.07.2022	PDF

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

No state aid found

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

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


nordicmetalchemical.ee	Active	20.10.2025	21.10.2027
kuldlõvi.ee	Active	04.01.2012	05.01.2027
arealis.ee	Active	04.07.2010	05.10.2027
nordiccontractors.ee	Active	04.07.2010	03.11.2027
grupp.ee	Active	04.07.2010	03.11.2027

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.