Nordic Houses OÜ

Legal form:: Private limited company
Registry code:: 10577752
VAT no.:: EE100670990
Fiscal-year period:: 01.01 - 31.12
Established:: 05.10.1999 (27 y)
Former business names:: Norra Palkmaja OÜ, OÜ TERMOLAR KAUBANDUS
Capital:: 66 460 EUR
Address:: Sauli, Kosu küla, Kuusalu vald, Harju maakond, 74608
Status:: Registered

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Contacts

Phone:: +372 53050785
Email:: nordic@houses.ee

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Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Activities of head offices and management consultancy activities
70201 – Business and other management consultancy

Industry TOPNo. 369 of 4881 companies

369.Nordic Houses OÜ376.6k €

Main activity 70201 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE100670990	25.07.2013	-
EE100670990	01.11.2012	24.07.2013
EE100670990	01.02.2001	31.10.2012

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	26.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	28.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	14.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	27.05.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	20.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	26.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	28.06.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	23.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	25.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	07.07.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	28.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	13.07.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	30.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	01.07.2010	Valid	PDF
2009	01.01.2009 – 31.12.2009	30.06.2010	Expired	PDF
2008	01.01.2008 – 31.12.2008	02.10.2009	Valid	PDF
2008	01.01.2008 – 31.12.2008	10.07.2009	Expired	PDF
2007	01.01.2007 – 31.12.2007	13.02.2009	Valid	PDF
2006	01.01.2006 – 31.12.2006	18.07.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	08.07.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	13.07.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	02.09.2004	Valid	PDF
2002	01.01.2002 – 31.12.2002	30.06.2003	Valid	PDF
2001	01.01.2001 – 31.12.2001	05.06.2003	Valid	PDF
2000	01.01.2000 – 31.12.2000	25.07.2001	Valid	PDF

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Tax debt Reports Declarations Court decisions–Official announcements2 TTJA decisions–Real estate7 .ee domains5 Licenses–Regulations29 Public transactions–Grants7 State aid5 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	0 €	12 225 €	169 454 €+24,2%	2
2026 Q2	0 €	3 587 €	136 481 €+1 317%	2
2026 Q1	225 €	0 €	9 635 €−84,2%	2
Total 2026:	225 €	15 812 €	315 570 €
2025 Q4	0 €	0 €	60 999 €+934%	2
2025 Q3	0 €	0 €	5 900 €+390%	2
2025 Q2	0 €	0 €	1 203 €−69,8%	2
2025 Q1	783 €	0 €	3 985 €−61,6%	2
Total 2025:	783 €	0 €	72 087 €
2024 Q4	2 836 €	0 €	10 377 €+18,5%	1
2024 Q3	10 901 €	3 119 €	8 760 €+475%	1
2024 Q2	3 412 €	0 €	1 523 €−96,8%	1
2024 Q1	7 365 €	7 395 €	47 083 €−62,2%	1
Total 2024:	24 514 €	10 514 €	67 743 €
2023 Q4	26 739 €	10 023 €	124 622 €+0,7%	1
2023 Q3	53 705 €	21 010 €	123 782 €−1,6%	1
2023 Q2	30 656 €	14 102 €	125 782 €−3,6%	1
2023 Q1	46 686 €	21 200 €	130 470 €−60,6%	1
Total 2023:	157 786 €	66 335 €	504 656 €
2022 Q4	78 798 €	12 720 €	331 214 €+496%	1
2022 Q3	27 649 €	12 720 €	55 608 €−58,2%	1
2022 Q2	30 368 €	13 780 €	133 135 €+120%	1
2022 Q1	29 082 €	16 536 €	60 577 €−0,5%	1
Total 2022:	165 897 €	55 756 €	580 534 €
2021 Q4	61 579,75 €	17 546,01 €	60 873,48 €−2,5%	1
2021 Q3	26 671,40 €	13 612,90 €	62 432,30 €+6,9%	1
2021 Q2	28 358,12 €	14 302,11 €	58 386,45 €−5,0%	1
2021 Q1	28 218,52 €	15 377,89 €	61 439,06 €+0,4%	1
Total 2021:	144 827,79 €	60 838,91 €	243 131,29 €
2020 Q4	28 503,40 €	13 908,73 €	61 165,49 €+13,0%	1
2020 Q3	35 264,94 €	20 011,27 €	54 150,30 €−1,2%	1
2020 Q2	1 317,10 €	0 €	54 815,30 €−0,2%	1
2020 Q1	20 505 €	12 720 €	54 949 €+1,5%	1
Total 2020:	85 590,44 €	46 640 €	225 080,09 €
2019 Q4	24 037 €	12 720 €	54 150 €	1
2019 Q3	16 924 €	6 937 €	54 150 €	1
2019 Q2	18 782 €	10 405 €	54 150 €	1
2019 Q1	21 010 €	10 405 €	54 150 €	1
Total 2019:	80 753 €	40 467 €	216 600 €
2018 Q4	38 255 €	10 405 €	54 150 €−1,0%	1
2018 Q3	31 035 €	10 405 €	54 715 €+1,0%	1
2018 Q2	27 483 €	11 168 €	54 150 €+1,9%	1
2018 Q1	22 207 €	11 652 €	53 150 €+3,9%	1
Total 2018:	118 980 €	43 630 €	216 165 €
2017 Q4	39 594 €	10 451 €	51 150 €	1
2017 Q3	25 747 €	10 297 €	51 150 €	1
2017 Q2	29 091 €	13 207 €	51 150 €−8,8%	1
2017 Q1	29 776 €	11 308 €	56 067 €+20,6%	1
Total 2017:	124 208 €	45 263 €	209 517 €
2016 Q4	19 430 €	10 303 €	46 479 €−0,2%	1
2016 Q3	34 347 €	10 326 €	46 581 €+0,2%	1
2016 Q2	20 609 €	10 303 €	46 479 €−36,1%	1
2016 Q1	26 434 €	16 126 €	72 747 €−10,2%	1
Total 2016:	100 820 €	47 058 €	212 286 €
2015 Q4	39 676 €	18 997 €	81 031 €−25,0%	3
2015 Q3	43 071 €	25 320 €	108 001 €+102%	3
2015 Q2	21 303 €	12 558 €	53 564 €−4,6%	3
2015 Q1	23 381 €	13 163 €	56 145 €	3
Total 2015:	127 431 €	70 038 €	298 741 €

Revenue by industry

	2023	2024	2025
Business and other management consultancy		21 045 €	73 671 €
Business consultancy and other management advice	510 620 €

Tax debts

No tax debt found

No tax debt as of 24.10.2026

Representatives

	Personal ID code
Argo Saul	37110XXXXXX	13.10.1971 (55)	Board member	12.09.2002	-

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Shareholders

	Personal ID code
Notevarp AS	98906XXXX	-	Shareholder	26 584 EUR	40,00%	Sole ownership	30.06.2026	-
Saulest OÜ	10824146	27.12.2001 (24)	Shareholder	26 584 EUR	40,00%	Sole ownership	30.06.2026	-
Belsby Bygg AS	-	-	Shareholder	13 292 EUR	20,00%	Sole ownership	30.06.2026	-

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Other persons

	Personal ID code
Bret Pavel	-	-	Founder	05.10.1999	-

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Ultimate beneficial owners

	Personal ID code
Argo Saul	37110XXXXXX	13.10.1971 (55)	Indirect holding	01.07.2026	-
Arne Ingvar Moen	-	08.09.1965 (61)	Indirect holding	01.07.2026	-
Thomas Roger Belsby	-	-	Indirect holding	01.07.2026	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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2026 Q3

Turnover

Amount: 169 454 €
Monthly average: 56 485 €
Per employee: 28 242 €
Equity ratio: 84,99%

Labour taxes

Turnover ratio: 7,21%
Tax ratio: -
Monthly average: 4 075 €
Per employee: 2 038 €

State taxes

Monthly average: 0 €
Turnover ratio: 0,00%

Estimated salary

Gross salary: 3 668 €
Net salary: 2 912 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	8 375 €+20,3%	6 964 €−94,9%	135 894 €−41,4%	231 818 €+0,5%	230 750 €+5,8%	218 082 €−11,5%	246 289 €
Non-current assets	682 994 €+8,2%	631 469 €−67,9%	1 965 499 €−2,4%	2 014 070 €+2,9%	1 957 044 €−4,2%	2 043 197 €−0,8%	2 060 547 €
Total assets	691 369 €+8,3%	638 433 €−69,6%	2 101 393 €−6,4%	2 245 888 €+2,7%	2 187 794 €−3,2%	2 261 279 €−2,0%	2 306 836 €
Short-term liabilities	160 012 €+19,0%	134 489 €+32,2%	101 724 €−69,7%	335 725 €−43,1%	590 421 €+45,7%	405 176 €−6,9%	435 174 €
Long-term liabilities	137 021 €−10,2%	152 600 €+36,2%	112 031 €−37,4%	178 919 €−26,3%	242 771 €−39,8%	403 442 €−8,5%	440 935 €
Total liabilities	297 033 €+3,5%	287 089 €+34,3%	213 755 €−58,5%	514 644 €−38,2%	833 192 €+3,0%	808 618 €−7,7%	876 109 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	278 237 €−84,7%	1 814 531 €+16,5%	1 558 138 €+54,1%	1 011 404 €−16,4%	1 209 554 €−10,9%	1 357 620 €+9,6%	1 238 626 €
Net profit	42 992 €+103%	-1 536 294 €−699%	256 393 €−60,4%	646 733 €+799%	71 941 €+228%	21 934 €−81,6%	118 994 €
Equity	394 336 €+12,2%	351 344 €−81,4%	1 887 638 €+9,0%	1 731 244 €+27,8%	1 354 602 €−6,8%	1 452 661 €+1,5%	1 430 727 €
Turnover	73 671 €+250%	21 045 €−95,9%	510 620 €−1,9%	520 363 €+117%	240 202 €+8,9%	220 600 €+1,5%	217 400 €
Profit margin	58,4%	-7 300,0%	50,2%	124,3%	30,0%	9,9%	54,7%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	431 726 €	156 986 €
Liquidity
Current ratio	0,7	0,4
Quick ratio	0,5	0,3
Cash ratio	0,0	0,0
Efficiency
Days sales outstanding (dso)	118,5	249,1
Asset turnover	0,2	0,1
Structure
Debt ratio	0,2	0,4
Profitability
Operating margin	80,0%	58,7%
Net profit margin	124,3%	30,0%
Return on assets (roa)	29,2%	3,2%
Return on equity (roe)	37,4%	5,3%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10043351 / 24	14.07.2025	Entry – Amendment entry	-	Entered into force14.07.2025
Ä 10043351 / 23	16.06.2025	Entry – Amendment entry	-	Entered into force16.06.2025
Ä 10043351 / 22	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10043351 / 21	14.06.2022	Entry – Amendment entry	-	Entered into force14.06.2022
Ä 10043351 / 20	22.02.2019	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force22.02.2019

Real estate

		Purpose
Kiiu-Soodla tee L2, Kiiu alevik, Kuusalu vald, Harju maakond	217 m²	Transport land 100%
Mõisa tee 19, Kiiu alevik, Kuusalu vald, Harju maakond	7008 m²	Residential land 100%
Nurgakivi, Kiiu alevik, Kuusalu vald, Harju maakond	14 080 m²	Agricultural land 100%
Sauli, Kosu küla, Kuusalu vald, Harju maakond	17 475 m²	Industrial land 100%
Suurekivi tee, Kiiu alevik, Kuusalu vald, Harju maakond	1946 m²	Transport land 100%

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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


Notices of commercial and non-profit associations and foundations	18.06.2013	PDF
Notices of commercial and non-profit associations and foundations	13.08.2012	PDF

Public transactions

No public transactions found

Company has no public transactions

Funded projects


Nordic Houses Disainiaudit ja kommunikatsioonivahendite disain1.4.0501.13-4549	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	14.01.2013 – 30.05.20132007-2013	9 695 €	9 695 €	Completed
Nordic Houses OÜ osalemine messil Norsk Hytteliv 2011, viies turule jõuliselt sõnumi ,,Buen Gruppen - turuliider Norras mägimajade vallas'3.1.2501.11-0089	Ekspordi arendamise toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	03.05.2011 – 02.07.20112007-2013	90 000 €	87 592,62 €	Completed
Nordic Houses OÜ ärifilosoofia väljatöötamine 20101.4.0501.10-3426	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	22.09.2010 – 31.12.20102007-2013	5 224,78 €	5 224,78 €	Completed
Nordic Houses OÜ tootmistehnoloogia investeeringud 20103.1.1201.10-0464	Tööstusettevõtja tehnoloogiainvesteeringu toetusERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	01.05.2010 – 01.05.20112007-2013	96 766,39 €	96 766,39 €	Completed
Teadmiste ja oskuste arendamine1.4.0501.10-1739	Teadmiste ja oskuste arendamise toetusESF · Ettevõtluse ja Innovatsiooni Sihtasutus	02.02.2010 – 26.02.20102007-2013	3 195,58 €	3 195,58 €	Completed

State aid


30.04.2021	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 14295	Muu › MuuGuarantee	1 746 €	14295/2102032
09.11.2016	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 15467	Nõustamine VTA › Nõustamine VTAGrant	1 100 €	15467/1803366
23.09.2015	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 14295	Muu › MuuGuarantee	850 €	14295/1500653
23.09.2015	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 14295	Muu › MuuGuarantee	13 228 €	14295/1500677
29.12.2009	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 10067	Piiratud summas ühisturuga kokkusobiv riigiabi › Muudeks eesmärkideks antav piiratud summas ühisturuga kokkusobiv riigiabiGrant	140 452 €	10067/1200003

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


buen.ee	Active	08.12.2020	09.12.2026
kiiuvilla.ee	Active	07.05.2020	08.05.2027
kiiupark.ee	Active	31.01.2020	01.02.2027
tehasemaja.ee	Active	28.03.2016	29.03.2027
houses.ee	Active	04.07.2010	16.11.2026

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.