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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)

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

Contacts

Email:

nordiccontractors@nordiccontractors.com

Phone:

+372 6272020

Industries

FINANCIAL AND INSURANCE ACTIVITIES
Provision of financial services, except insurance and pension funds
Activities of holding companies and corporate financial entities
64211 - Activities of holding companies
REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Legal activities and accounting
Accounting, bookkeeping, auditing and tax consultancy
69202 - Accounting and tax consultancy
Other professional, scientific and technical activities
Other professional, scientific and technical activities n.e.c.
74991 - All other professional, scientific and technical activities n.e.c.
ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES
Rental and leasing
Rental and leasing of motor vehicles
Rental and leasing of passenger cars and light vans
77111 - Rental and leasing of passenger cars and light vans (gross weight up to 3.5 t)

VAT liability

	Start	End
EE100760020	01.06.2002

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	01.07.2025	Valid
2023	01.01.2023 - 31.12.2023	27.06.2024	Valid
2022	01.01.2022 - 31.12.2022	28.06.2023	Valid
2021	01.01.2021 - 31.12.2021	20.07.2022	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Expired
2020	01.01.2020 - 31.12.2020	29.06.2021	Valid
2019	01.01.2019 - 31.12.2019	01.07.2020	Valid
2018	01.01.2018 - 31.12.2018	25.06.2019	Valid
2017	01.01.2017 - 31.12.2017	26.06.2018	Valid
2016	01.01.2016 - 31.12.2016	30.06.2017	Valid
2015	01.01.2015 - 31.12.2015	29.06.2016	Valid
2014	01.01.2014 - 31.12.2014	29.06.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	26.06.2013	Valid
2011	01.01.2011 - 31.12.2011	29.06.2012	Valid
2010	01.01.2010 - 31.12.2010	28.06.2011	Valid
2009	01.01.2009 - 31.12.2009	29.06.2010	Valid
2008	01.01.2008 - 31.12.2008	30.06.2009	Valid
2007	01.01.2007 - 31.12.2007	27.06.2008	Valid
2006	01.01.2006 - 31.12.2006	30.05.2007	Valid
2005	01.01.2005 - 31.12.2005	21.06.2006	Valid
2004	01.01.2004 - 31.12.2004	28.06.2005	Valid
2003	01.01.2003 - 31.12.2003	11.06.2004	Valid
2002	01.01.2002 - 31.12.2002	27.06.2003	Valid
2001	01.01.2001 - 31.12.2001	04.07.2002	Valid
2000	01.01.2000 - 31.12.2000	29.06.2001	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	95 921 €	95 476 €	44 906 €9.1%	17
Kokku 2026:	95 921 €	95 476 €	44 906 €
2025 Q4	118 458 €	120 622 €	49 414 €39.9%	17
2025 Q3	93 359 €	95 773 €	82 262 €56.2%	17
2025 Q2	160 748 €	144 780 €	188 024 €11.3%	17
2025 Q1	110 009 €	82 727 €	212 054 €167.4%	18
Kokku 2025:	482 574 €	443 902 €	531 754 €30.8%
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
Kokku 2024:	223 978 €	204 219 €	406 599 €8.9%
2023 Q4	55 065 €	50 404 €	168 956 €22.0%	9
2023 Q3	49 166 €	50 496 €	138 533 €89.2%	9
2023 Q2	47 656 €	49 498 €	73 237 €11.5%	9
2023 Q1	52 268 €	53 187 €	65 668 €75.6%	9
Kokku 2023:	204 155 €	203 585 €	446 393 €47.1%
2022 Q4	106 828 €	68 551 €	269 452 €11.2%	10
2022 Q3	67 378 €	38 181 €	242 415 €8.9%	10
2022 Q2	109 686 €	77 147 €	266 108 €300.0%	10
2022 Q1	52 270 €	53 346 €	66 525 €17.3%	10
Kokku 2022:	336 162 €	237 226 €	844 501 €19.9%
2021 Q4	72 272 €	75 109 €	56 713 €86.1%	10
2021 Q3	116 408 €	53 695 €	408 242 €96.3%	10
2021 Q2	81 052 €	55 056 €	207 943 €45.4%	10
2021 Q1	116 041 €	56 091 €	380 854 €533.6%	11
Kokku 2021:	385 773 €	239 951 €	1 053 751 €180.2%
2020 Q4	51 199 €	52 479 €	60 107 €21.2%	11
2020 Q3	52 128 €	52 282 €	76 262 €23.1%	11
2020 Q2	52 049 €	54 031 €	61 942 €65.1%	11
2020 Q1	68 382 €	52 399 €	177 698 €153.9%	11
Kokku 2020:	223 758 €	211 191 €	376 009 €44.1%
2019 Q4	55 425 €	55 873 €	69 979 €81.5%	11
2019 Q3	107 394 €	51 936 €	378 760 €480.0%	11
2019 Q2	136 158 €	145 289 €	65 304 €58.9%	11
2019 Q1	67 132 €	51 951 €	158 851 €57.9%	11
Kokku 2019:	366 109 €	305 049 €	672 894 €27.6%
2018 Q4	98 073 €	43 202 €	376 976 €319.3%	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 €496.2%	10
Kokku 2018:	300 376 €	180 261 €	929 291 €155.1%
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
Kokku 2017:	197 142 €	183 572 €	364 252 €42.4%
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
Kokku 2016:	171 186 €	165 095 €	632 000 €3.8%
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
Kokku 2015:	247 531 €	167 698 €	609 000 €

Revenue by industry

	2022	2023	2024
Accounting and tax consultancy	305 942 €	212 092 €	212 835 €
All other professional, scientific and technical activities n.e.c.			178 186 €
Activities of holding companies	356 169 €	155 166 €	104 079 €
Renting and operating of own or leased real estate	85 422 €	83 114 €	42 960 €
Rental and leasing of passenger cars and light vans (gross weight under 3.5 t)	1 534 €	1 684 €	2 884 €
Other professional, scientific and technical activities n.e.c.	263 107 €	261 904 €

Tax debts

No tax debt found

No tax debt as of 05.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Toomas Luman	35910XXXXXX	30.10.1959 (66)	Board member	06.01.1998	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
OÜ INVESTAR	-	19.06.2003 (22)	Shareholder	3 600 000,00 EUR	30	Sole ownership	16.08.2023	-
Osaühing LUMAN JA POJAD	-	06.02.1998 (28)	Shareholder	6 000 000,60 EUR	50	Sole ownership	16.08.2023	-
TL Holdinginvesteeringud OÜ	-	30.08.2013 (12)	Shareholder	1 800 000,00 EUR	15	Sole ownership	16.08.2023	-

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

1 - 3 / 3 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Egon Mats	35403XXXXXX	02.03.1954 (72)	Supervisory-board member	20.12.2021	-
Jan Luman	38701XXXXXX	30.01.1987 (39)	Supervisory-board member	20.12.2021	-
Liivi Luman	46009XXXXXX	07.09.1960 (65)	Supervisory-board member	20.12.2021	-
Andre Luman	38407XXXXXX	24.07.1984 (41)	Chairman of the supervisory board	08.02.2019	-
Kpmg Baltics Oü	-	-	Audit firm	17.05.2007	-

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

1 - 5 / 5 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Egon Mats	35403XXXXXX	02.03.1954 (72)	Indirect holding	29.10.2018	-
Liivi Luman	46009XXXXXX	07.09.1960 (65)	Indirect holding	29.10.2018	-
Toomas Luman	35910XXXXXX	30.10.1959 (66)	Indirect holding	29.10.2018	-

1 - 3 / 3 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
Nordic Contractors Asset Management AS	30.03.2017	Shareholder	26 000,00 EUR	100	Sole ownership	28.11.2025	-
AS Nordic Metal&Chemical Works	05.11.2025	Shareholder	25 000,00 EUR	100	Sole ownership	05.11.2025	-
Aktsiaselts ECE European City Estates	11.08.2004	Shareholder	63 900,00 EUR	100	Sole ownership	30.10.2025	-
OÜ Arealis Kinnisvara	30.07.2004	Shareholder	40 000,00 EEK	100	Sole ownership	24.03.2025	-
Nordic Contractors Holding OÜ	14.01.2009	Shareholder	40 000,00 EEK	100	Sole ownership	02.09.2023	-

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

1 - 5 / 7 rows

2026 Q1

Turnover

Amount

44 906 €

Monthly average

14 969 €

Per employee

881 €

Equity ratio

0,12%

Labour taxes

Turnover ratio

212,61%

Tax ratio

99,54%

Monthly average

31 825 €

Per employee

1 872 €

State taxes

Monthly average

31 974 €

Turnover ratio

213,60%

Estimated salary

Gross salary

3 394 €

Net salary

2 669 €

Aggregate data

	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	37 643 008 €30.6%	28 823 000 €4.3%	30 121 000 €23.8%	39 517 000 €3.0%	40 722 000 €4.3%	42 548 000 €
Short-term liabilities	-	12 557 000 €13.6%	14 534 000 €154.6%	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	-	-1 630 000 €119.5%	8 361 000 €7.7%	7 764 000 €10.0%	7 056 000 €48.5%	4 751 000 €
Net profit	-	500 000 €105.0%	-9 991 000 €1 213.8%	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	540 944 €24.2%	714 000 €29.4%	1 012 000 €25.1%	809 000 €40.0%	578 000 €11.1%	650 000 €
Profit margin	0.00%	70.03%107.1%	-987.25%990.4%	110.88%54.9%	245.85%30.7%	354.62%

Financial ratios

	2023	2022	2021	2020	2019
Profit and cash flow
EBITDA	-	-	-	-	-
Liquidity
Current ratio	X.S	L.O	H.C	0.4	0.9
Quick ratio	H.U	G.N	N.A	0.4	0.8
Cash ratio	G.C	B.D	P.Y	0.0	0.0
Efficiency
Days sales outstanding (dso)	-	-	-	-	-
Asset turnover	-	-	-	-	-
Structure
Debt ratio	Z.U	O.H	B.C	0.5	0.6
Profitability
Operating margin	-	-	-	-	-
Net profit margin	-	-	-	-	-
Return on assets (roa)	K.N%	X.I%	D.K%	0.0%	0.0%
Return on equity (roe)	B.Y%	J.J%	M.A%	0.0%	0.0%

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Licences & notices

Type	Number	Field	Status	Start	End
License	J.1-7/06/V-48	Frequency licences > Joint frequency licence	Valid	15.02.2006	15.02.2023

1 - 1 / 1 rows

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 10022520 / 21	02.01.2025	Entry - Second, constitutive merger entry (on acquiring entity’s registry card)		Entered into force (02.01.2025)
Ä 10022520 / M6	11.07.2022	Order to remedy annual-report deficiencies	10.08.2022	Deficiencies remedied (20.07.2022)
Ä 10022520 / 20	08.07.2022	Entry - Second, constitutive merger entry (on acquiring entity’s registry card)		Entered into force (08.07.2022)
Ä 10022520 / M5	07.07.2022	Order to remedy deficiencies - Second, constitutive merger entry (on acquiring entity’s registry card)	21.07.2022	Deficiencies remedied (08.07.2022)
Ä 10022520 / 19	06.01.2021	Entry - Amendment entry		Entered into force (06.01.2021)

1 - 5 / 25 rows

Real estate

Address	Area	Purpose
Lohusalu tee 152, Lohusalu küla, Lääne-Harju vald, Harju maakond	29664 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%

1 - 3 / 3 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

Subject	Date
Notice of conclusion of a public limited company merger agreement	16.10.2024
Notice of conclusion of a public limited company merger agreement	16.10.2024
Notice of conclusion of a public limited company merger agreement	16.10.2024
Notice of conclusion of a public limited company merger agreement	16.10.2024
Notice of company merger	08.07.2022

1 - 5 / 10 rows

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
nordicmetalchemical.ee	Active	20.10.2025	21.10.2026	-
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	-

1 - 5 / 5 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