Nordic Electrical Works OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	11.08.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	05.08.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	17.09.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	31.07.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	21.10.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.05.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	09.04.2021	Valid	PDF
2018	01.01.2018 – 31.12.2018	05.06.2020	Valid	PDF
2017	01.01.2017 – 31.12.2017	17.01.2019	Valid	PDF
2016	01.01.2016 – 31.12.2016	18.05.2018	Valid	PDF
2015	01.01.2015 – 31.12.2015	11.05.2017	Valid	PDF
2014	01.01.2014 – 31.12.2014	29.12.2015	Valid	PDF
2013	07.05.2013 – 31.12.2013	03.11.2015	Valid	PDF

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Tax debt Reports Declarations Court decisions–Official announcements1 TTJA decisions–Real estate2 .ee domains–Licenses2 Regulations10 Public transactions47 Grants–State aid1 Public procurement–Holdings in companies–Enforcement proceedings Payment orders1

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	162 541 €	99 280 €	945 270 €−2,6%	35
2026 Q2	115 586 €	86 956 €	970 669 €−4,4%	37
2026 Q1	198 166 €	91 981 €	1,02 M €+32,9%	37
Total 2026:	476 293 €	278 217 €	2,93 M €
2025 Q4	179 127 €	114 561 €	763 542 €−1,9%	33
2025 Q3	176 528 €	111 885 €	778 208 €+3,9%	33
2025 Q2	148 507 €	112 156 €	748 732 €+9,4%	34
2025 Q1	137 137 €	77 749 €	684 489 €+37,5%	33
Total 2025:	641 299 €	416 351 €	2,97 M €
2024 Q4	78 352 €	79 695 €	497 676 €−16,6%	35
2024 Q3	146 019 €	128 680 €	596 737 €−44,6%	41
2024 Q2	110 183 €	110 510 €	1,08 M €−5,8%	41
2024 Q1	165 104 €	104 589 €	1,14 M €−8,1%	39
Total 2024:	499 658 €	423 474 €	3,32 M €
2023 Q4	220 642 €	110 675 €	1,25 M €+26,3%	38
2023 Q3	167 806 €	128 928 €	985 986 €−19,4%	37
2023 Q2	162 553 €	119 782 €	1,22 M €+36,3%	48
2023 Q1	155 870 €	138 606 €	897 183 €−33,4%	50
Total 2023:	706 871 €	497 991 €	4,35 M €
2022 Q4	200 597 €	128 426 €	1,35 M €+10,6%	49
2022 Q3	177 310 €	129 060 €	1,22 M €−4,4%	49
2022 Q2	177 034 €	96 526 €	1,27 M €+54,7%	51
2022 Q1	130 445 €	108 374 €	823 603 €−17,1%	44
Total 2022:	685 386 €	462 386 €	4,66 M €
2021 Q4	130 572,96 €	101 521,66 €	993 822,05 €+32,3%	41
2021 Q3	126 302,83 €	100 377,15 €	751 348,62 €−9,6%	40
2021 Q2	117 370,77 €	83 740,21 €	830 825,52 €+22,4%	41
2021 Q1	117 249,92 €	75 536,28 €	678 856,11 €+0,9%	42
Total 2021:	491 496,48 €	361 175,30 €	3,25 M €
2020 Q4	85 090,87 €	66 022,79 €	672 688,80 €+124%	33
2020 Q3	62 899,49 €	49 601,77 €	300 609,46 €−45,8%	31
2020 Q2	20 722,30 €	8 427,28 €	554 411,66 €+21,0%	32
2020 Q1	80 283 €	64 477 €	458 052 €−31,3%	38
Total 2020:	248 995,66 €	188 528,84 €	1,99 M €
2019 Q4	91 213 €	57 846 €	666 440 €+29,1%	31
2019 Q3	98 460 €	64 354 €	516 199 €−20,3%	31
2019 Q2	107 468 €	61 311 €	647 639 €+0,6%	30
2019 Q1	103 062 €	63 438 €	643 541 €+0,1%	31
Total 2019:	400 203 €	246 949 €	2,47 M €
2018 Q4	88 675 €	49 362 €	642 875 €+46,6%	36
2018 Q3	60 166 €	47 171 €	438 377 €−15,7%	30
2018 Q2	71 950 €	39 315 €	520 271 €+24,2%	26
2018 Q1	65 735 €	40 524 €	418 807 €−33,7%	24
Total 2018:	286 526 €	176 372 €	2,02 M €
2017 Q4	63 871 €	41 152 €	632 074 €−7,4%	22
2017 Q3	50 639 €	33 868 €	682 403 €+5,6%	22
2017 Q2	80 587 €	37 314 €	646 000 €+213%	21
2017 Q1	32 284 €	34 553 €	206 433 €	16
Total 2017:	227 381 €	146 887 €	2,17 M €
2016 Q4	23 559 €	20 812 €	0 €	1
2016 Q3	27 566 €	20 039 €	0 €	1
2016 Q2	16 749 €	16 535 €	0 €	1
2016 Q1	20 950 €	17 459 €	0 €	1
Total 2016:	88 824 €	74 845 €	0 €
2015 Q4	29 078 €	16 878 €	0 €	1
2015 Q3	31 954 €	15 773 €	0 €	1
2015 Q2	59 224 €	10 856 €	0 €	1
2015 Q1	21 102 €	9 537 €	0 €	1
Total 2015:	141 358 €	53 044 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation works		3 775 884 €	3 148 320 €
Installation, repair and maintenance of plumbing and sanitary fittings		365 703 €	205 955 €
Installation of electrical wiring and equipment	4 091 584 €
Plumbing installation	601 874 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Urmo Udal	37712XXXXXX	08.12.1977 (48)	Board member	07.05.2013	-

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Shareholders

	Personal ID code
Urmo Udal	37712XXXXXX	08.12.1977 (48)	Shareholder	5 000 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Urmo Udal	37712XXXXXX	08.12.1977 (48)	Founder	06.05.2013	-

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Ultimate beneficial owners

	Personal ID code
Urmo Udal	37712XXXXXX	08.12.1977 (48)	Direct holding	19.12.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 945 270 €
Monthly average: 315 090 €
Per employee: 9 003 €
Equity ratio: 6 301,80%

Labour taxes

Turnover ratio: 10,50%
Tax ratio: 61,08%
Monthly average: 33 093 €
Per employee: 919 €

State taxes

Monthly average: 54 180 €
Turnover ratio: 17,20%

Estimated salary

Gross salary: 1 760 €
Net salary: 1 477 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	605 092 €+20,4%	502 744 €−44,4%	904 357 €+16,5%	776 215 €+28,6%	603 440 €+22,7%	491 823 €+11,5%	441 010 €
Non-current assets	501 973 €−7,3%	541 480 €−5,7%	573 925 €+644%	77 141 €+152%	30 607 €+1,0%	30 317 €−52,6%	63 995 €
Total assets	1 107 065 €+6,0%	1 044 224 €−29,4%	1 478 282 €+73,2%	853 356 €+34,6%	634 047 €+21,4%	522 140 €+3,4%	505 005 €
Short-term liabilities	395 935 €−16,0%	471 523 €−10,8%	528 732 €+42,7%	370 407 €+7,1%	345 797 €+11,2%	310 913 €+79,8%	172 887 €
Long-term liabilities	267 090 €−8,3%	291 348 €−7,3%	314 340 €+1 754%	16 953 €	-	-	-
Total liabilities	663 025 €−13,1%	762 871 €−9,5%	843 072 €+118%	387 360 €+12,0%	345 797 €+11,2%	310 913 €+79,8%	172 887 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	202 963 €−62,5%	540 766 €+32,9%	406 985 €+75,1%	232 413 €+15,5%	201 294 €−36,4%	316 618 €+32,4%	239 102 €
Net profit	235 577 €+189%	-264 913 €−219%	222 725 €−2,3%	228 083 €+180%	81 456 €+173%	-110 891 €−226%	88 016 €
Equity	444 040 €+57,8%	281 353 €−55,7%	635 210 €+36,3%	465 996 €+61,7%	288 250 €+36,5%	211 227 €−36,4%	332 118 €
Turnover	3 354 275 €−19,0%	4 141 587 €−11,8%	4 693 459 €+1,2%	4 638 740 €+43,1%	3 242 326 €+57,9%	2 053 492 €−15,5%	2 431 435 €
Profit margin	7,0%	-6,4%	4,7%	4,9%	2,5%	-5,4%	3,6%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	292 778 €	101 172 €
Liquidity
Current ratio	2,1	1,7
Quick ratio	2,1	1,7
Cash ratio	0,3	0,4
Efficiency
Days sales outstanding (dso)	39,9	41,3
Asset turnover	6,2	5,6
Structure
Debt ratio	0,5	0,5
Profitability
Operating margin	5,9%	2,5%
Net profit margin	4,9%	2,5%
Return on assets (roa)	30,7%	14,1%
Return on equity (roe)	48,9%	28,3%

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Licences & notices


Notice of economic activity	EEH010966	Construction	Valid	16.01.2019	-
Notice of economic activity	TEL002135	Electrical works	Valid	15.05.2013	-

Regulations


Ä 10182737 / M3	02.09.2024	Reporting-fine order	17.09.2024	Entered into force18.09.2024
Ä 10182737 / M2	10.07.2024	Fine-warning order – annual report not filed	09.08.2024	Entered into force10.07.2024
Ä 10182737 / 7	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10182737 / M1	23.03.2018	Warning for deletion from register – annual report not filed	24.09.2018	Deficiencies remedied18.05.2018
Ä 10182737 / 6	18.01.2018	Entry – Amendment entry	-	Entered into force18.01.2018

Real estate

		Purpose
Treiali tee 2, Peetri alevik, Rae vald, Harju maakondSpace: 3	3573 m²	Industrial land 70%, Commercial land 30%
Treiali tee 4, Peetri alevik, Rae vald, Harju maakondSpace: 3	3282 m²	Industrial land 70%, Commercial land 30%

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


Power-of-attorney notices	17.06.2013	PDF

Public transactions


21.09.2026	Tallinna Mustamäe Reaalgümnaasium	292,64 €Received	OPERATING EXPENSESBasic and general secondary education
21.09.2026	Tallinna Mustamäe Reaalgümnaasium	1 944,01 €Received	OPERATING EXPENSESBasic and general secondary education
21.09.2026	Ristiku Põhikool	243,04 €Received	OPERATING EXPENSESBasic and general secondary education
21.08.2026	Tallinna Mustamäe Reaalgümnaasium	292,64 €Received	OPERATING EXPENSESBasic and general secondary education
21.08.2026	Ristiku Põhikool	243,04 €Received	OPERATING EXPENSESBasic and general secondary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


29.11.2023	SA Keskkonnainvesteeringute KeskusAid measure 231477	Keskkonnakaitse (VTA) › MuuGrant	4 000 €	231477/2300218

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders


2-19-123903	Osaühing EUROPARK ESTONIA	Pärnu Maakohtu maksekäsuosakond	20.11.2019	156 €	91 €	0 €	45 €	20 €

Data comes from public registers.