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OÜ Nordic Way

Legal form:

Private limited company

Registry code:

11323462

VAT no.:

EE101132152

Fiscal-year period:

01.01 - 31.12

Established:

08.02.2007 (19)

Capital:

2 556 EUR

Address:

F. R. Faehlmanni tn 5, Kesklinna linnaosa, Tallinn, Harju maakond, 10125

Status:

Registered

Contacts

Email:

velvo@nordicway.ee

Phone:

+372 53474427

Industries

REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate
PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Activities of head offices and management consultancy activities
70201 - Business and other management consultancy

VAT liability

	Start	End
EE101132152	09.04.2007

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	30.06.2025	Valid
2023	01.01.2023 - 31.12.2023	13.05.2024	Valid
2022	01.01.2022 - 31.12.2022	28.06.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	05.08.2021	Valid
2019	01.01.2019 - 31.12.2019	22.01.2021	Valid
2018	01.01.2018 - 31.12.2018	25.07.2019	Valid
2017	01.01.2017 - 31.12.2017	27.06.2018	Valid
2016	01.01.2016 - 31.12.2016	26.06.2017	Valid
2015	01.01.2015 - 31.12.2015	26.05.2016	Valid
2014	01.01.2014 - 31.12.2014	23.01.2015	Valid
2013	01.01.2013 - 31.12.2013	30.06.2014	Valid
2012	01.01.2012 - 31.12.2012	28.06.2013	Valid
2011	01.01.2011 - 31.12.2011	29.06.2012	Valid
2010	01.01.2010 - 31.12.2010	14.06.2011	Valid
2009	01.01.2009 - 31.12.2009	04.06.2010	Valid
2008	01.01.2008 - 31.12.2008	01.07.2009	Valid
2007	01.01.2007 - 31.12.2007	13.10.2008	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 05.06.2026.

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Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	3 140 €	891 €	30 158 €59.9%	1
Kokku 2026:	3 140 €	891 €	30 158 €
2025 Q4	0 €	521 €	18 864 €49.7%	1
2025 Q3	0 €	0 €	37 509 €37.5%	1
2025 Q2	5 557 €	0 €	59 991 €1.0%	-
2025 Q1	1 847 €	0 €	60 614 €55.2%	-
Kokku 2025:	7 404 €	521 €	176 978 €53.7%
2024 Q4	0 €	0 €	135 158 €50.5%	-
2024 Q3	0 €	0 €	89 806 €4.0%	-
2024 Q2	0 €	526 €	93 507 €46.6%	-
2024 Q1	9 474 €	2 747 €	63 800 €164.0%	-
Kokku 2024:	9 474 €	3 273 €	382 271 €11.9%
2023 Q4	0 €	0 €	24 169 €80.9%	1
2023 Q3	17 264 €	0 €	126 480 €23.9%	1
2023 Q2	2 285 €	21 €	102 084 €43.6%	1
2023 Q1	0 €	630 €	181 024 €70.0%	1
Kokku 2023:	19 549 €	651 €	433 758 €107.4%
2022 Q4	17 288 €	0 €	106 503 €211.9%	-
2022 Q3	6 669 €	0 €	34 145 €33.3%	-
2022 Q2	2 013 €	304 €	51 183 €196.3%	-
2022 Q1	1 482 €	38 €	17 275 €43.5%	-
Kokku 2022:	27 451 €	341 €	209 107 €180.7%
2021 Q4	109 €	1 127 €	30 568 €2.3%	-
2021 Q3	0 €	0 €	31 284 €295.8%	-
2021 Q2	0 €	0 €	7 904 €66.4%	-
2021 Q1	1 404 €	114 €	4 750 €63.4%	1
Kokku 2021:	1 513 €	1 241 €	74 506 €33.7%
2020 Q4	2 091 €	0 €	12 962 €0.2%	1
2020 Q3	2 666 €	9 €	12 938 €5.4%	1
2020 Q2	307 €	101 €	13 670 €15.5%	1
2020 Q1	903 €	37 €	16 172 €84.2%	1
Kokku 2020:	5 967 €	147 €	55 742 €74.0%
2019 Q4	1 476 €	62 €	102 267 €110.9%	1
2019 Q3	3 527 €	328 €	48 502 €472.5%	1
2019 Q2	1 628 €	501 €	8 472 €84.6%	1
2019 Q1	5 453 €	256 €	54 947 €141.5%	1
Kokku 2019:	12 084 €	1 147 €	214 188 €149.5%
2018 Q4	3 414 €	0 €	22 751 €100.9%	1
2018 Q3	2 587 €	0 €	11 327 €27.0%	1
2018 Q2	3 257 €	0 €	8 922 €79.2%	1
2018 Q1	6 009 €	0 €	42 858 €0.5%	1
Kokku 2018:	15 267 €	0 €	85 858 €38.3%
2017 Q4	1 602 €	0 €	43 073 €1 367.6%	1
2017 Q3	1 627 €	0 €	2 935 €29.7%	1
2017 Q2	375 €	0 €	4 173 €65.0%	1
2017 Q1	616 €	0 €	11 921 €	1
Kokku 2017:	4 220 €	0 €	62 102 €
2016 Q4	1 446 €	0 €	0 €	0
2016 Q3	1 433 €	0 €	0 €	0
2016 Q2	1 678 €	0 €	0 €	0
2016 Q1	1 310 €	0 €	0 €100.0%	0
Kokku 2016:	5 867 €	0 €	0 €100.0%
2015 Q4	10 418 €	7 313 €	201 036 €1 643.6%	1
2015 Q3	17 195 €	419 €	11 530 €	1
2015 Q2	7 241 €	0 €	0 €	0
2015 Q1	0 €	0 €	0 €	0
Kokku 2015:	34 854 €	7 732 €	212 566 €

Revenue by industry

	2022	2023	2024
Renting and operating of own or leased real estate	245 943 €	265 547 €	358 127 €
Business and other management consultancy			29 562 €
Business consultancy and other management advice	19 524 €	47 348 €

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
Velvo Vaht	38306XXXXXX	06.06.1983 (43)	Board member	08.02.2007	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Velvo Vaht	38306XXXXXX	06.06.1983 (43)	Shareholder	2 556,00 EUR	100	Sole ownership	01.09.2023	-

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

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Velvo Vaht	38306XXXXXX	06.06.1983 (43)	Founder	23.01.2007	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Velvo Vaht	38306XXXXXX	06.06.1983 (43)	Direct holding	23.10.2018	-

1 - 1 / 1 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
P1MGMT OÜ	25.07.2025	Shareholder	10 000,00 EUR	100	Sole ownership	25.07.2025	-
Kadrioru Varahaldus OÜ	23.09.2020	Shareholder	2 500,00 EUR	100	Sole ownership	21.02.2024	-
Auto Selection OÜ	22.11.2023	Shareholder	120,00 EUR	100	Sole ownership	31.01.2024	-
Textonia Displays OÜ	13.07.2016	Shareholder	2 500,00 EUR	100	Sole ownership	01.09.2023	-
Plastic Road OÜ	27.05.2019	Shareholder	750,00 EUR	25	Sole ownership	12.10.2024	-

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

1 - 5 / 7 rows

2026 Q1

Turnover

Amount

30 158 €

Monthly average

10 053 €

Per employee

10 053 €

Equity ratio

393,30%

Labour taxes

Turnover ratio

2,95%

Tax ratio

28,38%

Monthly average

297 €

Per employee

297 €

State taxes

Monthly average

1 047 €

Turnover ratio

10,41%

Estimated salary

Gross salary

742 €

Net salary

696 €

Aggregate data

	2024	2023	2022	2021	2020	2019
Current assets	284 484 €673.2%	36 793 €52.0%	76 646 €163.4%	29 094 €73.8%	111 173 €10.7%	100 472 €
Non-current assets	1 421 030 €125.9%	629 014 €14.9%	547 275 €2.2%	559 401 €27.5%	438 651 €3.0%	425 797 €
Total assets	1 705 514 €156.2%	665 807 €6.7%	623 921 €6.0%	588 495 €7.0%	549 824 €4.5%	526 269 €
Short-term liabilities	202 385 €322.3%	47 919 €37.1%	34 943 €49.3%	68 889 €80.8%	38 108 €18.3%	32 214 €
Long-term liabilities	313 280 €120.1%	142 309 €30.1%	203 472 €22.9%	165 611 €8.0%	180 036 €6.1%	191 693 €
Total liabilities	515 665 €171.1%	190 228 €20.2%	238 415 €1.7%	234 500 €7.5%	218 144 €2.6%	223 907 €
Share or stock capital	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €
Retained earnings	1 105 489 €222.7%	342 625 €14.5%	299 288 €6.7%	280 546 €3.6%	270 840 €6.2%	255 019 €
Net profit	81 804 €37.3%	130 398 €55.9%	83 662 €18.0%	70 893 €21.6%	58 284 €30.1%	44 787 €
Equity	1 189 849 €150.2%	475 579 €23.4%	385 506 €8.9%	353 995 €6.7%	331 680 €9.7%	302 362 €
Turnover	387 689 €23.9%	312 895 €17.9%	265 467 €217.0%	83 756 €54.8%	54 090 €73.5%	203 782 €
Profit margin	21.10%49.4%	41.67%32.2%	31.52%62.8%	84.64%21.4%	107.75%390.3%	21.98%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	JXW FHH	ZG OOY	PB CIR	-	-
Liquidity
Current ratio	J.S	V.B	W.N	0.4	2.9
Quick ratio	D.D	F.M	L.Y	0.4	2.9
Cash ratio	W.K	Z.T	N.T	0.3	0.8
Efficiency
Days sales outstanding (dso)	PQR.D	RFL.O	BEU.A	445.4	615.0
Asset turnover	L.B	H.C	Y.G	0.1	0.1
Structure
Debt ratio	W.W	S.L	V.J	0.4	0.4
Profitability
Operating margin	FB.O%	MW.Q%	YJ.X%	-138.3%	48.5%
Net profit margin	RX.K%	YM.I%	GQ.W%	84.6%	107.8%
Return on assets (roa)	Q.X%	HK.X%	TI.X%	12.5%	10.8%
Return on equity (roe)	F.U%	AU.N%	TE.Q%	20.0%	17.6%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 10147515 / 7	12.02.2024	Entry - First, declarative division entry (on acquiring entity’s registry card)	Entered into force (12.02.2024)
Ä 10147515 / 8	12.02.2024	Entry - Third, informative division entry (on acquiring entity’s registry card)	Entered into force (12.02.2024)
Ä 10147515 / 6	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)
Ä 10147515 / 5	19.01.2018	Entry - Amendment entry	Entered into force (19.01.2018)
Ä 10147515 / 4	04.12.2017	Entry - Amendment entry	Entered into force (04.12.2017)

1 - 5 / 12 rows

Real estate

Address	Area	Purpose
Pilliroo tee 3, Püünsi küla, Viimsi vald, Harju maakond	1547 m²	Residential land 100%

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

1 - 1 / 1 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

No public transactions found

Company has no public transactions

.ee domains

Domain	Status	Registered	Expires	End
nordicway.ee	Active	03.04.2015	04.04.2027	-

1 - 1 / 1 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