Nicorex Baltic OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	29.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	28.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	05.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	28.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	29.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	27.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	09.09.2019	Valid	PDF
2018	01.01.2018 – 31.12.2018	27.06.2019	Expired	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	22.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	29.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	26.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	28.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	29.06.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	14.06.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	28.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	29.06.2008	Valid	PDF
2006	24.04.2006 – 31.12.2006	04.07.2007	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions1 Official announcements1 TTJA decisions–Real estate–.ee domains30 Licenses1 Regulations16 Public transactions–Grants–State aid–Public procurement–Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	2,09 M €	221 605 €	5,06 M €+4,3%	88
2026 Q2	1,81 M €	200 709 €	4,85 M €+2,1%	76
2026 Q1	1,72 M €	202 575 €	4,75 M €+5,4%	78
Total 2026:	5,62 M €	624 889 €	14,7 M €
2025 Q4	2,07 M €	212 925 €	4,51 M €−10,9%	80
2025 Q3	2,08 M €	221 500 €	5,06 M €+11,3%	77
2025 Q2	1,65 M €	204 669 €	4,55 M €+4,1%	74
2025 Q1	1,85 M €	197 508 €	4,37 M €−5,9%	73
Total 2025:	7,66 M €	836 602 €	18,5 M €
2024 Q4	1,83 M €	219 881 €	4,64 M €−16,1%	73
2024 Q3	2,00 M €	252 791 €	5,53 M €−0,4%	76
2024 Q2	2,00 M €	210 475 €	5,55 M €+5,0%	81
2024 Q1	1,73 M €	202 869 €	5,29 M €−12,6%	77
Total 2024:	7,55 M €	886 016 €	21,0 M €
2023 Q4	1,56 M €	210 946 €	6,06 M €+0,9%	76
2023 Q3	1,67 M €	267 189 €	6,00 M €+4,3%	77
2023 Q2	1,42 M €	212 790 €	5,75 M €+3,6%	81
2023 Q1	1,29 M €	215 001 €	5,55 M €+6,1%	74
Total 2023:	5,93 M €	905 926 €	23,4 M €
2022 Q4	760 002 €	215 395 €	5,23 M €−6,4%	66
2022 Q3	497 212 €	179 141 €	5,59 M €+25,5%	61
2022 Q2	412 529 €	159 181 €	4,46 M €+10,8%	53
2022 Q1	454 682 €	165 809 €	4,02 M €+16,3%	54
Total 2022:	2,12 M €	719 526 €	19,3 M €
2021 Q4	601 088,68 €	158 450,84 €	3,46 M €+21,1%	54
2021 Q3	457 382,89 €	142 719,74 €	2,86 M €+41,5%	53
2021 Q2	338 853,66 €	122 432,86 €	2,02 M €+7,0%	53
2021 Q1	259 487,58 €	133 303,83 €	1,88 M €−5,9%	51
Total 2021:	1,66 M €	556 907,27 €	10,2 M €
2020 Q4	435 176,23 €	127 439,03 €	2,00 M €−2,6%	52
2020 Q3	406 181,39 €	107 413,36 €	2,06 M €+32,9%	51
2020 Q2	322 418,02 €	106 399,63 €	1,55 M €−4,3%	54
2020 Q1	400 935 €	119 313 €	1,62 M €+2,6%	54
Total 2020:	1,56 M €	460 565,02 €	7,22 M €
2019 Q4	324 678 €	112 789 €	1,57 M €+13,0%	51
2019 Q3	329 937 €	111 618 €	1,39 M €+12,2%	55
2019 Q2	231 013 €	87 289 €	1,24 M €−2,4%	47
2019 Q1	254 437 €	98 851 €	1,27 M €−0,2%	46
Total 2019:	1,14 M €	410 547 €	5,48 M €
2018 Q4	275 341 €	85 661 €	1,27 M €+16,5%	56
2018 Q3	189 098 €	59 151 €	1,09 M €+24,2%	53
2018 Q2	173 269 €	62 676 €	880 517 €−10,1%	34
2018 Q1	227 754 €	56 580 €	978 954 €+9,6%	34
Total 2018:	865 462 €	264 068 €	4,23 M €
2017 Q4	117 731 €	55 858 €	892 919 €+20,2%	30
2017 Q3	115 524 €	59 522 €	743 042 €+88,8%	31
2017 Q2	81 666 €	50 228 €	393 581 €+7,1%	34
2017 Q1	56 016 €	43 843 €	367 324 €+1,9%	29
Total 2017:	370 937 €	209 451 €	2,40 M €
2016 Q4	85 691 €	45 171 €	360 412 €−5,3%	23
2016 Q3	131 288 €	47 722 €	380 763 €+16,8%	23
2016 Q2	72 296 €	40 848 €	325 917 €+1,2%	23
2016 Q1	77 422 €	40 355 €	321 987 €+2,4%	23
Total 2016:	366 697 €	174 096 €	1,39 M €
2015 Q4	73 822 €	40 208 €	314 444 €+12,0%	23
2015 Q3	60 464 €	35 899 €	280 740 €+88,6%	23
2015 Q2	33 520 €	19 036 €	148 867 €−6,9%	23
2015 Q1	27 571 €	20 436 €	159 817 €	23
Total 2015:	195 377 €	115 579 €	903 868 €

Revenue by industry

	2023	2024	2025
Wholesale of tobacco products	14 133 124 €	10 025 074 €	8 418 196 €
Retail sale of tobacco products		5 434 998 €	5 467 397 €
Retail sale of tobacco products in specialised stores	7 096 401 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Diane Sirelpuu	49411XXXXXX	19.11.1994 (31)	Procurator	03.07.2020	-
Sven Kotke	38705XXXXXX	01.05.1987 (39)	Board member	08.01.2013	-
Toomas Viilo	37108XXXXXX	20.08.1971 (55)	Board member	08.05.2006	-

13 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Shareholders

	Personal ID code
Sven Kotke	38705XXXXXX	01.05.1987 (39)	Shareholder	1 214 EUR	47,50%	Sole ownership	01.09.2023	-
Toomas Viilo	37108XXXXXX	20.08.1971 (55)	Shareholder	1 214 EUR	47,50%	Sole ownership	01.09.2023	-
Diane Sirelpuu	49411XXXXXX	19.11.1994 (31)	Shareholder	128 EUR	5,01%	Sole ownership	01.09.2023	-

13 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Other persons

	Personal ID code
Alar Heinaste	36011XXXXXX	27.11.1960 (65)	Audit firm	23.10.2020	-
Osaühing EuroConsult	11226799	08.03.2006 (20)	Founder	24.04.2006	-

13 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Diane Sirelpuu	49411XXXXXX	19.11.1994 (31)	Member of higher governing body (board or supervisory board)	19.06.2023	-
Sven Kotke	38705XXXXXX	01.05.1987 (39)	Direct holding	15.10.2018	-
Toomas Viilo	37108XXXXXX	20.08.1971 (55)	Direct holding	15.10.2018	-

13 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Holdings in companies


DeSign DV OÜ	16.08.2019	Shareholder	278 EUR	10,01%	Sole ownership	12.08.2025	-

1 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

2026 Q3

Turnover

Amount: 5 060 858 €
Monthly average: 1 686 953 €
Per employee: 19 170 €
Equity ratio: 65 999,71%

Labour taxes

Turnover ratio: 4,38%
Tax ratio: 10,58%
Monthly average: 73 868 €
Per employee: 901 €

State taxes

Monthly average: 697 980 €
Turnover ratio: 41,38%

Estimated salary

Gross salary: 1 728 €
Net salary: 1 454 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	4 978 193 €−28,5%	6 962 131 €+4,4%	6 667 937 €−12,6%	7 627 534 €+111%	3 606 598 €+162%	1 375 290 €+25,6%	1 095 360 €
Non-current assets	205 028 €−28,4%	286 387 €−21,3%	363 969 €+9,3%	332 998 €+110%	158 265 €−65,5%	458 339 €−10,3%	510 691 €
Total assets	5 183 221 €−28,5%	7 248 518 €+3,1%	7 031 906 €−11,7%	7 960 532 €+111%	3 764 863 €+105%	1 833 629 €+14,2%	1 606 051 €
Short-term liabilities	2 975 411 €−22,4%	3 833 019 €+30,6%	2 934 761 €−28,9%	4 130 340 €+117%	1 901 346 €+154%	749 394 €+37,8%	543 776 €
Long-term liabilities	-	-	-	606 €−98,1%	31 609 €−68,6%	100 628 €−39,8%	167 128 €
Total liabilities	2 975 411 €−22,4%	3 833 019 €+30,6%	2 934 761 €−29,0%	4 130 946 €+114%	1 932 955 €+127%	850 022 €+19,6%	710 904 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 612 673 €−23,0%	2 094 333 €−25,0%	2 791 239 €+110%	1 329 096 €+150%	530 795 €+28,7%	412 335 €−7,7%	446 857 €
Net profit	592 325 €−55,1%	1 318 354 €+1,2%	1 303 094 €−47,8%	2 497 678 €+92,4%	1 298 301 €+128%	568 460 €+27,6%	445 478 €
Equity	2 207 810 €−35,4%	3 415 499 €−16,6%	4 097 145 €+7,0%	3 829 586 €+109%	1 831 908 €+86,2%	983 607 €+9,9%	895 147 €
Turnover	13 886 599 €−10,9%	15 581 283 €−26,6%	21 241 892 €+21,7%	17 448 594 €+66,5%	10 481 644 €+51,8%	6 906 642 €+24,4%	5 554 135 €
Profit margin	4,3%	8,5%	6,1%	14,3%	12,4%	8,2%	8,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	2 608 333 €	1 682 136 €
Liquidity
Current ratio	1,8	1,9
Quick ratio	0,9	1,0
Cash ratio	0,3	0,3
Efficiency
Days sales outstanding (dso)	40,0	33,3
Asset turnover	3,0	3,7
Structure
Debt ratio	0,5	0,5
Profitability
Operating margin	14,9%	16,0%
Net profit margin	14,3%	12,4%
Return on assets (roa)	42,6%	46,4%
Return on equity (roe)	65,2%	70,9%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

To view all financial ratios, you need to subscribe to extended access to the info portal!

3€ /monthGet started

Licences & notices


Notice of economic activity	KJK054365	Commerce	Valid	06.12.2016	-

Regulations


Ä 10098015 / 16	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10098015 / 15	05.12.2022	Entry – Amendment entry	-	Entered into force05.12.2022
Ä 10098015 / 14	03.07.2020	Entry – Amendment entry	-	Entered into force03.07.2020
Ä 10098015 / 13	06.08.2018	Entry – Second, constitutive merger entry (on acquiring entity’s registry card)	-	Entered into force06.08.2018
K 10098015 / 12	30.05.2018	Entry – Commercial-pledge opening entry	-	Entered into force30.05.2018

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


2-18-4873/18	Kohtu I astme menetlus	Court rulingCompromise ruling	Labour law	Tiia Bergson	ECLI:EE:HMK:2018:2.18.4873.14342	22.08.2018	Open

Official announcements


Notice of company merger	10.08.2018	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


prugikastihirm.ee	Active	09.04.2024	10.04.2027
prügikastihirm.ee	Active	09.04.2024	10.04.2027
kuumutav.ee	Active	05.05.2021	06.05.2027
hnb.ee	Active	12.11.2020	13.11.2026
heatsticks.ee	Active	12.11.2020	13.11.2026

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.