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Horizons OÜ

Legal form:

Private limited company

Registry code:

12242346

VAT no.:

EE101525426

Fiscal-year period:

01.01 - 31.12

Established:

01.03.2012 (14)

Former business names:

NorgEst Trading OÜ

Capital:

2 556 EUR

Address:

Suur-Sadama tn 26, Kuressaare linn, Saaremaa vald, Saare maakond, 93813

Status:

Registered

Contacts

Email:

karl.erik.joandi@gmail.com

Industries

CONSTRUCTION
Construction of civil engineering projects
Construction of other civil engineering projects
42991 - Construction of other civil engineering projects n.e.c.
WHOLESALE AND RETAIL TRADE
Wholesale trade
Wholesale on a fee or contract basis
46191 - Non-specialised wholesale agency services
Retail trade
Retail sale of motor vehicles, motorcycles and their parts and accessories
47811 - Retail sale of motor vehicles
TRANSPORTATION AND STORAGE
Warehousing and support activities for transportation
Supporting activities for transportation
Other supporting activities for transportation
52269 - Other transportation support activities n.e.c.
REAL ESTATE ACTIVITIES
Real estate activities
68201 - Renting and operating of own or leased real estate

VAT liability

	Start	End
EE101525426	26.03.2012

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	08.04.2026	Valid
2024	01.01.2024 - 31.12.2024	25.03.2025	Valid
2023	01.01.2023 - 31.12.2023	12.02.2024	Valid
2022	01.01.2022 - 31.12.2022	07.04.2023	Valid
2021	01.01.2021 - 31.12.2021	12.04.2022	Valid
2020	01.01.2020 - 31.12.2020	01.04.2021	Valid
2019	01.01.2019 - 31.12.2019	05.05.2020	Valid
2018	01.01.2018 - 31.12.2018	27.05.2019	Valid
2017	01.01.2017 - 31.12.2017	06.04.2018	Valid
2016	01.01.2016 - 31.12.2016	15.05.2017	Valid
2015	01.01.2015 - 31.12.2015	30.03.2016	Valid
2014	01.01.2014 - 31.12.2014	26.05.2015	Valid
2013	01.01.2013 - 31.12.2013	07.07.2014	Valid
2012	01.03.2012 - 31.12.2012	03.05.2013	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 04.06.2026.

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	31 609 €	7 948 €	253 671 €76.0%	4
Kokku 2026:	31 609 €	7 948 €	253 671 €
2025 Q4	15 965 €	13 164 €	144 091 €64.3%	5
2025 Q3	74 541 €	24 221 €	403 478 €193.4%	7
2025 Q2	22 958 €	13 115 €	137 531 €8.5%	9
2025 Q1	15 972 €	13 692 €	126 777 €1.4%	9
Kokku 2025:	129 436 €	64 192 €	811 877 €24.3%
2024 Q4	17 805 €	10 979 €	128 517 €47.8%	8
2024 Q3	41 665 €	12 288 €	246 175 €158.5%	7
2024 Q2	9 728 €	7 625 €	95 226 €48.1%	9
2024 Q1	22 039 €	7 750 €	183 345 €12.0%	7
Kokku 2024:	91 237 €	38 642 €	653 263 €28.9%
2023 Q4	26 707 €	14 200 €	208 301 €42.2%	7
2023 Q3	50 207 €	19 248 €	360 566 €26.2%	9
2023 Q2	28 589 €	4 108 €	285 723 €347.9%	10
2023 Q1	8 626 €	5 125 €	63 787 €59.9%	4
Kokku 2023:	114 129 €	42 681 €	918 377 €36.1%
2022 Q4	5 752 €	5 611 €	158 905 €49.7%	4
2022 Q3	29 022 €	5 176 €	316 224 €125.2%	5
2022 Q2	8 846 €	4 181 €	140 420 €136.9%	5
2022 Q1	7 253 €	2 916 €	59 282 €57.3%	4
Kokku 2022:	50 872 €	17 884 €	674 832 €92.8%
2021 Q4	17 717 €	3 602 €	138 973 €26.3%	3
2021 Q3	28 223 €	4 979 €	188 470 €728.0%	3
2021 Q2	2 893 €	0 €	22 763 €11 083.6%	1
2021 Q1	0 €	0 €	-207 €100.2%	-
Kokku 2021:	48 832 €	8 580 €	350 000 €7.3%
2020 Q4	3 885 €	2 373 €	83 908 €19.7%	-
2020 Q3	8 293 €	2 787 €	70 125 €21.5%	2
2020 Q2	11 302 €	3 848 €	89 323 €8.0%	5
2020 Q1	14 222 €	8 306 €	82 723 €60.5%	10
Kokku 2020:	37 703 €	17 314 €	326 080 €69.8%
2019 Q4	25 081 €	12 655 €	209 311 €55.4%	11
2019 Q3	42 060 €	16 905 €	469 438 €66.1%	31
2019 Q2	38 912 €	9 069 €	282 551 €141.8%	12
2019 Q1	19 747 €	9 399 €	116 867 €33.0%	9
Kokku 2019:	125 800 €	48 028 €	1 078 167 €14.2%
2018 Q4	22 503 €	11 222 €	174 525 €63.9%	9
2018 Q3	37 600 €	11 728 €	483 369 €286.0%	9
2018 Q2	3 512 €	3 792 €	125 241 €22.3%	9
2018 Q1	0 €	4 297 €	161 104 €93.9%	5
Kokku 2018:	63 615 €	31 039 €	944 239 €124.7%
2017 Q4	11 793 €	5 732 €	83 081 €50.8%	3
2017 Q3	14 145 €	4 966 €	169 033 €182.8%	7
2017 Q2	3 991 €	1 302 €	59 769 €44.8%	7
2017 Q1	3 404 €	2 479 €	108 295 €83.8%	2
Kokku 2017:	33 333 €	14 479 €	420 178 €68.4%
2016 Q4	1 942 €	1 723 €	58 913 €22.6%	2
2016 Q3	7 201 €	2 227 €	76 131 €42.6%	2
2016 Q2	2 210 €	1 562 €	53 399 €12.5%	2
2016 Q1	5 160 €	1 785 €	61 031 €19.8%	2
Kokku 2016:	16 513 €	7 297 €	249 474 €115.2%
2015 Q4	5 893 €	1 615 €	50 945 €97.6%	1
2015 Q3	4 789 €	817 €	25 776 €76.0%	1
2015 Q2	547 €	464 €	14 642 €40.4%	1
2015 Q1	1 208 €	779 €	24 571 €	1
Kokku 2015:	12 437 €	3 675 €	115 934 €

Revenue by industry

	2023	2024	2025
Construction of other civil engineering projects n.e.c.	628 831 €	461 777 €	705 547 €
Other transportation support activities n.e.c.		76 206 €	57 146 €
Retail sale of motor vehicles		12 000 €	50 500 €
Non-specialised wholesale agency services	11 502 €		12 813 €
Renting and operating of own or leased real estate		5 320 €	4 380 €
Sale of other motor vehicles	277 000 €
Other transportation support activities n.e.c.	67 804 €

Tax debts

No tax debt found

No tax debt as of 04.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Karl-Erik Joandi	38806XXXXXX	06.06.1988 (37)	Board member	01.03.2012	-

1 - 1 / 1 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
Karl-Erik Joandi	38806XXXXXX	06.06.1988 (37)	Shareholder	2 556,00 EUR	100	Sole ownership	01.09.2023	-

1 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
Karl-Erik Joandi	38806XXXXXX	06.06.1988 (37)	Founder	28.02.2012	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Karl-Erik Joandi	38806XXXXXX	06.06.1988 (37)	Direct holding	06.09.2018	-

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q1

Turnover

Amount

253 671 €

Monthly average

84 557 €

Per employee

21 139 €

Equity ratio

3 308,18%

Labour taxes

Turnover ratio

3,13%

Tax ratio

25,14%

Monthly average

2 649 €

Per employee

589 €

State taxes

Monthly average

10 536 €

Turnover ratio

12,46%

Estimated salary

Gross salary

1 233 €

Net salary

1 062 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	270 196 €55.7%	173 520 €27.6%	239 628 €16.7%	205 272 €43.4%	143 150 €121.5%	64 615 €50.0%	129 274 €
Non-current assets	177 342 €21.4%	225 601 €7.8%	209 230 €7.8%	194 078 €11.1%	174 753 €23.8%	229 400 €10.2%	255 555 €
Total assets	447 538 €12.1%	399 121 €11.1%	448 858 €12.4%	399 350 €25.6%	317 903 €8.1%	294 015 €23.6%	384 829 €
Short-term liabilities	61 625 €82.2%	33 828 €33.9%	51 163 €158.7%	19 778 €36.4%	14 501 €34.1%	10 813 €59.6%	26 735 €
Long-term liabilities	13 063 €45.9%	24 161 €30.5%	34 789 €89.4%	18 370 €55.0%	11 854 €40.4%	19 904 €329.9%	4 630 €
Total liabilities	74 688 €28.8%	57 989 €32.5%	85 952 €125.3%	38 148 €44.7%	26 355 €14.2%	30 717 €2.1%	31 365 €
Share or stock capital	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €	2 556 €
Retained earnings	333 576 €5.4%	352 500 €0.2%	351 817 €24.7%	282 068 €8.7%	259 452 €24.8%	344 804 €26.4%	272 704 €
Net profit	36 718 €363.7%	-13 924 €263.2%	8 533 €88.9%	76 578 €159.2%	29 540 €135.1%	-84 062 €207.5%	78 204 €
Equity	372 850 €9.3%	341 132 €6.0%	362 906 €0.5%	361 202 €23.9%	291 548 €10.7%	263 298 €25.5%	353 464 €
Turnover	830 386 €49.5%	555 313 €43.6%	985 137 €51.6%	649 844 €81.3%	358 373 €50.6%	237 982 €77.4%	1 053 519 €
Profit margin	4.42%276.3%	-2.51%389.5%	0.87%92.6%	11.78%43.0%	8.24%123.3%	-35.32%575.8%	7.42%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	LD HJM	OZ FYN	AOO UUY	62 991	-56 563
Liquidity
Current ratio	A.C	O.H	SH.G	9.9	6.0
Quick ratio	T.B	J.T	LE.I	9.9	6.0
Cash ratio	R.W	U.X	V.L	6.1	0.8
Efficiency
Days sales outstanding (dso)	EA.J	FY.Z	UK.Y	55.9	124.1
Asset turnover	R.U	T.V	E.M	1.2	0.7
Structure
Debt ratio	O.X	K.N	K.K	0.1	0.1
Profitability
Operating margin	-R.Q%	M.X%	TT.L%	8.5%	-34.7%
Net profit margin	-D.R%	H.N%	BE.Y%	8.2%	-35.3%
Return on assets (roa)	-Z.Q%	U.C%	HC.E%	9.7%	-24.8%
Return on equity (roe)	-R.F%	U.B%	PD.O%	10.1%	-31.9%

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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 30048262 / 7	01.09.2023	Entry - Amendment entry	Entered into force (01.09.2023)
Ä 30048262 / 6	17.01.2018	Entry - Amendment entry	Entered into force (17.01.2018)
Ä 30048262 / 5	05.12.2017	Entry - Amendment entry	Entered into force (05.12.2017)
Ä 30048262 / 4	02.12.2017	Entry - Amendment entry	Entered into force (02.12.2017)
Ä 30048262 / 3	09.12.2016	Entry - Amendment entry	Entered into force (09.12.2016)

1 - 5 / 7 rows

Real estate

Address	Area	Purpose
Marsi tn 6, Kristiine linnaosa, Tallinn, Harju maakond	3585 m²	Residential land 100%

1 - 1 / 1 rows

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date	Participants
2-20-13337/12	Civil case	Court ruling (Compromise ruling)	Law of obligations	Kairi Piirisild	ECLI:EE:HMK:2020:2.20.13337.19198	28.10.2020

1 - 1 / 1 rows

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions

Date	Party	Amount	Classification
02.02.2026	Eesti Töötukassa	975.83 € Received	OTHER GRANTS Social protection of the unemployed
21.11.2025	Majandus- ja Kommunikatsiooniministeerium	186.00 € Received	OPERATING EXPENSES General economic and trade policy
13.03.2025	Eesti Töötukassa	860.68 € Received	OTHER GRANTS Social protection of the unemployed
29.02.2024	Eesti Töötukassa	1 032.74 € Received	OTHER GRANTS Social protection of the unemployed
07.02.2022	Eesti Töötukassa	1 489.08 € Received	OTHER GRANTS Social protection of the unemployed

1 - 5 / 5 rows

.ee domains

Domain	Status	Registered	Expires	End
horizons.ee	Active	10.05.2018	11.05.2027	-

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