Osaühing Nordcity Center

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	25.02.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	05.09.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	02.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	16.09.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	08.09.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	26.08.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	07.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	07.08.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	11.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	01.07.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	08.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	11.11.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	03.09.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	23.04.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	19.05.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	18.07.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	03.07.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	07.07.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	03.03.2008	Valid	PDF
2005	01.01.2005 – 31.12.2005	13.10.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	30.06.2005	Valid	PDF
2003	01.11.2002 – 31.12.2003	17.09.2004	Valid	PDF

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Tax debt50k€Reports Declarations Court decisions11 Official announcements3 TTJA decisions–Real estate–.ee domains1 Licenses–Regulations39 Public transactions155 Grants–State aid–Public procurement20 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	125 771 €	51 997 €	784 913 €−5,8%	10
2026 Q2	90 074 €	44 721 €	833 475 €−30,5%	9
2026 Q1	188 031 €	60 112 €	1,20 M €+159%	9
Total 2026:	403 876 €	156 830 €	2,82 M €
2025 Q4	175 136 €	71 122 €	463 425 €−24,7%	10
2025 Q3	92 671 €	46 386 €	615 113 €−69,8%	10
2025 Q2	290 676 €	57 995 €	2,04 M €+435%	11
2025 Q1	100 682 €	70 078 €	380 708 €−15,2%	11
Total 2025:	659 165 €	245 581 €	3,50 M €
2024 Q4	102 899 €	53 849 €	448 933 €−20,0%	10
2024 Q3	58 193 €	25 179 €	561 239 €+67,4%	12
2024 Q2	58 301 €	16 459 €	335 277 €−15,2%	11
2024 Q1	45 028 €	23 963 €	395 592 €−28,6%	13
Total 2024:	264 421 €	119 450 €	1,74 M €
2023 Q4	103 976 €	72 421 €	553 799 €−69,4%	14
2023 Q3	209 105 €	61 618 €	1,81 M €+98,3%	15
2023 Q2	146 331 €	65 817 €	911 847 €	14
2023 Q1	193 824 €	75 186 €	912 085 €+21,4%	14
Total 2023:	653 236 €	275 042 €	4,19 M €
2022 Q4	163 297 €	74 797 €	751 312 €+18,8%	15
2022 Q3	82 405 €	76 494 €	632 454 €−32,3%	14
2022 Q2	168 596 €	71 652 €	934 049 €+19,4%	13
2022 Q1	129 403 €	61 924 €	782 540 €+40,9%	12
Total 2022:	543 701 €	284 867 €	3,10 M €
2021 Q4	112 203,44 €	55 350,71 €	555 299,37 €−53,5%	11
2021 Q3	209 499,72 €	61 136,83 €	1,19 M €+19,0%	11
2021 Q2	188 910,29 €	59 303,75 €	1,00 M €+54,1%	12
2021 Q1	135 488,83 €	51 717,39 €	650 862,07 €−15,3%	12
Total 2021:	646 102,28 €	227 508,68 €	3,40 M €
2020 Q4	101 467,77 €	60 593,18 €	768 240,05 €+8,1%	12
2020 Q3	182 253,54 €	56 955,71 €	710 971,11 €+4,8%	13
2020 Q2	100 234,66 €	60 445,68 €	678 221,17 €−33,9%	13
2020 Q1	170 682 €	52 663 €	1,03 M €+18,1%	13
Total 2020:	554 637,97 €	230 657,57 €	3,18 M €
2019 Q4	103 447 €	54 743 €	868 613 €−31,0%	13
2019 Q3	217 232 €	49 412 €	1,26 M €+129%	13
2019 Q2	116 367 €	47 193 €	548 955 €−33,9%	12
2019 Q1	130 681 €	47 736 €	830 561 €−20,5%	13
Total 2019:	567 727 €	199 084 €	3,51 M €
2018 Q4	121 249 €	46 467 €	1,04 M €+17,1%	13
2018 Q3	150 047 €	53 093 €	891 546 €−63,3%	12
2018 Q2	241 844 €	47 495 €	2,43 M €+123%	12
2018 Q1	185 416 €	49 960 €	1,09 M €+12,7%	13
Total 2018:	698 556 €	197 015 €	5,45 M €
2017 Q4	186 147 €	36 959 €	966 091 €+39,0%	12
2017 Q3	107 225 €	41 971 €	695 040 €−38,8%	12
2017 Q2	143 690 €	41 566 €	1,14 M €+12,0%	13
2017 Q1	77 011 €	38 813 €	1,01 M €+8,1%	13
Total 2017:	514 073 €	159 309 €	3,81 M €
2016 Q4	128 886 €	35 951 €	938 338 €+1,7%	13
2016 Q3	95 904 €	35 347 €	922 572 €+5,2%	13
2016 Q2	126 998 €	33 608 €	877 190 €−4,1%	13
2016 Q1	102 069 €	35 027 €	914 218 €+49,2%	13
Total 2016:	453 857 €	139 933 €	3,65 M €
2015 Q4	66 422 €	33 359 €	612 805 €−13,3%	11
2015 Q3	19 636 €	38 467 €	706 625 €−7,6%	11
2015 Q2	208 250 €	41 623 €	764 599 €+2,7%	11
2015 Q1	110 156 €	40 512 €	744 199 €	11
Total 2015:	404 464 €	153 961 €	2,83 M €

Revenue by industry

	2023	2024	2025
Wholesale of machine tools	2 959 231 €	1 430 397 €	2 806 069 €

Tax debts

Type	Amount	Deferred
Social tax	14 043,91 €	14 043,91 €
Value-added tax	33 122,73 €	33 122,73 €
Income tax in special cases	179,34 €	179,34 €
Withheld income tax	2 653,57 €	2 653,57 €
Total	49 999,55 €	49 999,55 €

Representatives

	Personal ID code
Urmet Itse	37602XXXXXX	17.02.1976 (50)	Board member	14.01.2009	-

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Shareholders

	Personal ID code
Itse OÜ	12106732	13.05.2011 (15)	Shareholder	2 556 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Balti Audit OÜ	10433131	24.04.1998 (28)	Audit firm	19.05.2011	-
OÜ Verbapluss	10858161	28.03.2002 (24)	Founder	06.09.2002	-

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Ultimate beneficial owners

	Personal ID code
Urmet Itse	37602XXXXXX	17.02.1976 (50)	Indirect holding	23.10.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 784 913 €
Monthly average: 261 638 €
Per employee: 26 164 €
Equity ratio: 10 236,22%

Labour taxes

Turnover ratio: 6,62%
Tax ratio: 41,34%
Monthly average: 17 332 €
Per employee: 1 824 €

State taxes

Monthly average: 41 924 €
Turnover ratio: 16,02%

Estimated salary

Gross salary: 3 304 €
Net salary: 2 639 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	400 924 €+7,9%	371 432 €−17,4%	449 507 €−45,7%	827 273 €+44,1%	574 191 €−13,9%	667 184 €−7,1%	717 948 €
Non-current assets	71 748 €−28,9%	100 846 €+6,9%	94 376 €−13,4%	109 012 €+1 592%	6 442 €+203%	2 125 €−76,8%	9 177 €
Total assets	472 672 €+0,1%	472 278 €−13,2%	543 883 €−41,9%	936 285 €+61,3%	580 633 €−13,2%	669 309 €−8,0%	727 125 €
Short-term liabilities	341 785 €−27,3%	470 277 €−7,4%	508 068 €+6,8%	475 721 €+182%	168 462 €−46,9%	317 348 €−26,1%	429 238 €
Long-term liabilities	-	72 877 €+133%	31 308 €+33,3%	23 488 €	-	-	-
Total liabilities	341 785 €−37,1%	543 154 €+0,7%	539 376 €+8,0%	499 209 €+196%	168 462 €−46,9%	317 348 €−26,1%	429 238 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-73 688 €−4 445%	1 696 €−99,6%	434 264 €+6,1%	409 358 €+17,2%	349 149 €+18,3%	295 075 €+46,4%	201 578 €
Net profit	201 763 €+368%	-75 384 €+82,6%	-432 569 €−1 837%	24 906 €−58,6%	60 210 €+11,3%	54 074 €−42,2%	93 497 €
Equity	130 887 €+285%	-70 876 €−1 673%	4 507 €−99,0%	437 076 €+6,0%	412 171 €+17,1%	351 961 €+18,2%	297 887 €
Turnover	2 806 069 €+96,2%	1 430 397 €−51,7%	2 959 231 €−16,1%	3 526 540 €+20,6%	2 924 178 €+26,7%	2 307 957 €−31,7%	3 381 219 €
Profit margin	7,2%	-5,3%	-14,6%	0,7%	2,1%	2,3%	2,8%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	46 576 €	68 028 €
Liquidity
Current ratio	1,7	3,4
Quick ratio	1,0	1,8
Cash ratio	0,1	0,1
Efficiency
Days sales outstanding (dso)	35,5	44,6
Asset turnover	4,6	4,7
Structure
Debt ratio	0,5	0,3
Profitability
Operating margin	0,9%	2,3%
Net profit margin	0,7%	2,1%
Return on assets (roa)	3,3%	9,6%
Return on equity (roe)	5,7%	14,6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10067329 / M10	04.08.2025	Fine-warning order – annual report not filed	03.09.2025	Deficiencies remedied06.09.2025
Ä 10067329 / 21	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10067329 / M9	26.08.2023	Fine-warning order – annual report not filed	25.09.2023	Deficiencies remedied17.09.2023
Ä 10067329 / 20	06.02.2023	Entry – Amendment entry	-	Entered into force06.02.2023
Ä 10067329 / 19	24.01.2022	Entry – Amendment entry	-	Entered into force24.01.2022

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


2-24-12080/8	Kohtu I astme menetlus	Court ruling	Reorganisation	Priit Lember	ECLI:EE:HMK:2024:2.24.12080.21308	12.11.2024	Open
2-13-21978/163	-	Court ruling	Bankruptcy law	Kaija Kaijanen, Maris Kuurberg, Vallo Kariler	ECLI:EE:TLRK:2023:2.13.21978.18900	29.09.2023	Open
2-17-14076/33	Apellatsioonmenetlus	Court rulingRuling on refusal to take the matter into proceedings	Law of obligations	Kaija Kaijanen, Krista Kirspuu, Gaida Kivinurm	ECLI:EE:TLRK:2019:2.17.14076.12556	02.07.2019	Open
2-18-17255/12	Määruskaebusmenetlus	Court ruling	Enforcement	Kaija Kaijanen, Kaupo Paal, Gaida Kivinurm	ECLI:EE:TLRK:2019:2.18.17255.7905	04.06.2019	Open
2-13-21978/104	-	Court ruling	Bankruptcy law	Margo Klaar, Kaupo Paal, Ele Liiv	ECLI:EE:TLRK:2019:2.13.21978.9789	04.06.2019	Open

Official announcements


Notice of approval of a reorganisation plan	12.11.2024	PDF
Notice calling for a draft reorganisation plan	03.10.2024	PDF
Reorganisation notice	27.08.2024	PDF

Public transactions


18.09.2026	Tallinna Vangla	305,39 €Received	OPERATING EXPENSESManagement of detention facilities
07.08.2026	Tallinna Vangla	495,26 €Received	OPERATING EXPENSESManagement of detention facilities
24.07.2026	Tallinna Vangla	998,94 €Received	OPERATING EXPENSESManagement of detention facilities
23.07.2026	Tallinna Tehnoloogiakolledž	1 096,16 €Received	OPERATING EXPENSESVocational education
29.06.2026	Tallinna Vangla	1 714,92 €Received	OPERATING EXPENSESManagement of detention facilities

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


05.12.2025End 31.05.2026	Reference number 300004 · Hankeleping	Tallinna VanglaContracting authority	189 300 €	Completed
12.06.2023End 12.12.2023	Reference number 262204 · Riigihanke „Hüdraulilise metallilõike giljotiini hankimine Tartu Rakenduslikule Kolledžile“ viitenumber 262204 hankeleping	Tartu Rakenduslik KolledžContracting authority	38 475 €	Completed
16.06.2021End 16.10.2021	Reference number 231455 · Müügileping	OÜ Romec MetallContracting authority	446 600 €	Completed
09.06.2020End 09.10.2020	Reference number 220618 · Müügileping_	Aktsiaselts Kane MetallContracting authority	157 275 €	Completed
24.09.2019End 28.02.2020	Reference number 213276 · MÜÜGILEPING	Olofsfors OÜContracting authority	155 384 €	Completed

.ee domains


nordcity.ee	Active	04.07.2010	04.01.2027

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.