Nordic 11 OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	30.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	30.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	31.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	17.10.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	19.07.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	31.01.2017	Valid	PDF
2015	11.09.2014 – 31.12.2015	30.08.2016	Valid	PDF

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No unsubmitted declarations as of 21.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses–Regulations10 Public transactions21 Grants–State aid2 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1 138 €	383 €	3 515 €+0,5%	1
2026 Q2	429 €	332 €	3 499 €−67,2%	-
2026 Q1	1 029 €	340 €	10 659 €+444%	-
Total 2026:	2 596 €	1 055 €	17 673 €
2025 Q4	461 €	353 €	1 958 €−76,3%	-
2025 Q3	562 €	353 €	8 260 €−23,5%	-
2025 Q2	1 928 €	306 €	10 798 €+149%	-
2025 Q1	431 €	281 €	4 328 €−67,9%	-
Total 2025:	3 382 €	1 293 €	25 344 €
2024 Q4	2 182 €	294 €	13 467 €+76,5%	-
2024 Q3	542 €	294 €	7 632 €+99,5%	-
2024 Q2	572 €	268 €	3 825 €−29,9%	-
2024 Q1	1 282 €	221 €	5 455 €−45,8%	-
Total 2024:	4 578 €	1 077 €	30 379 €
2023 Q4	942 €	227 €	10 065 €−7,9%	-
2023 Q3	447 €	227 €	10 931 €−4,4%	-
2023 Q2	619 €	207 €	11 438 €−17,9%	-
2023 Q1	920 €	232 €	13 925 €−20,3%	-
Total 2023:	2 928 €	893 €	46 359 €
2022 Q4	1 151 €	242 €	17 463 €−58,4%	-
2022 Q3	359 €	242 €	41 991 €+297%	-
2022 Q2	692 €	210 €	10 583 €−12,2%	-
2022 Q1	1 329 €	241 €	12 059 €+60,8%	-
Total 2022:	3 531 €	935 €	82 096 €
2021 Q4	874,64 €	252,85 €	7 500,24 €−34,8%	1
2021 Q3	822,11 €	252,85 €	11 506,94 €+76,8%	1
2021 Q2	386,08 €	219,75 €	6 507,50 €−55,3%	1
2021 Q1	645,35 €	227,91 €	14 555 €+103%	1
Total 2021:	2 728,18 €	953,36 €	40 069,68 €
2020 Q4	218,77 €	13,47 €	7 155 €−33,9%	1
2020 Q3	613,35 €	13,47 €	10 829 €+144%	-
2020 Q2	181 €	0 €	4 430 €−75,4%	-
2020 Q1	3 576 €	1 082 €	17 997 €−8,6%	1
Total 2020:	4 589,12 €	1 108,94 €	40 411 €
2019 Q4	2 680 €	567 €	19 687 €−34,8%	3
2019 Q3	4 283 €	411 €	30 206 €+30,2%	2
2019 Q2	2 998 €	187 €	23 194 €+30,7%	2
2019 Q1	2 785 €	188 €	17 751 €−32,0%	1
Total 2019:	12 746 €	1 353 €	90 838 €
2018 Q4	2 603 €	192 €	26 103 €+73,9%	1
2018 Q3	3 692 €	969 €	15 010 €−28,1%	2
2018 Q2	3 392 €	338 €	20 874 €+13,6%	2
2018 Q1	1 339 €	348 €	18 383 €+9,0%	2
Total 2018:	11 026 €	1 847 €	80 370 €
2017 Q4	1 868 €	343 €	16 860 €+34,9%	2
2017 Q3	1 514 €	598 €	12 500 €−51,5%	2
2017 Q2	3 419 €	596 €	25 790 €+47,4%	2
2017 Q1	2 370 €	1 603 €	17 496 €−21,0%	2
Total 2017:	9 171 €	3 140 €	72 646 €
2016 Q4	2 950 €	1 224 €	22 157 €+14,0%	1
2016 Q3	3 720 €	1 074 €	19 441 €+50,3%	1
2016 Q2	2 342 €	715 €	12 938 €−55,3%	1
2016 Q1	4 030 €	1 598 €	28 941 €−58,5%	1
Total 2016:	13 042 €	4 611 €	83 477 €
2015 Q4	3 180 €	28 €	69 786 €	1
2015 Q3	2 182 €	0 €	0 €	1
Total 2015:	5 362 €	28 €	69 786 €

Revenue by industry

	2023	2024	2025
Activities of advertising agencies		32 271 €	26 375 €
Advertising agencies	38 944 €

Tax debts

No tax debt found

No tax debt as of 25.07.2026

Representatives

	Personal ID code
Tarmo Veesaar	38406XXXXXX	22.06.1984 (42)	Board member	11.09.2014	-

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Shareholders

	Personal ID code
Tarmo Veesaar	38406XXXXXX	22.06.1984 (42)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Oliver Rull	39101XXXXXX	13.01.1991 (35)	Founder	10.09.2014	-
Tarmo Veesaar	38406XXXXXX	22.06.1984 (42)	Founder	10.09.2014	-

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Ultimate beneficial owners

	Personal ID code
Tarmo Veesaar	38406XXXXXX	22.06.1984 (42)	Direct holding	23.07.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 3 515 €
Monthly average: 1 172 €
Per employee: 1 172 €
Equity ratio: 46,87%

Labour taxes

Turnover ratio: 10,90%
Tax ratio: 33,66%
Monthly average: 128 €
Per employee: 255 €

State taxes

Monthly average: 379 €
Turnover ratio: 32,38%

Estimated salary

Gross salary: 627 €
Net salary: 605 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	12 015 €−22,5%	15 501 €+5,5%	14 696 €−35,4%	22 736 €+201%	7 547 €+33,8%	5 642 €−83,5%	34 203 €
Non-current assets	8 584 €−44,5%	15 465 €−37,8%	24 856 €−29,9%	35 438 €+14,8%	30 879 €−21,9%	39 547 €+22,2%	32 367 €
Total assets	20 599 €−33,5%	30 966 €−21,7%	39 552 €−32,0%	58 174 €+51,4%	38 426 €−15,0%	45 189 €−32,1%	66 570 €
Short-term liabilities	47 030 €+65,6%	28 404 €−23,3%	37 024 €−16,0%	44 056 €+856%	4 608 €+1 094%	386 €−79,3%	1 866 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	47 030 €+65,6%	28 404 €−23,3%	37 024 €−16,0%	44 056 €+856%	4 608 €+1 094%	386 €−79,3%	1 866 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	62 €+121%	28 €−99,8%	11 618 €−62,9%	31 318 €−26,0%	42 303 €−27,3%	58 203 €+58,2%	36 798 €
Net profit	-28 993 €−85 374%	34 €+100%	-11 590 €+41,2%	-19 700 €−79,3%	-10 985 €+30,9%	-15 900 €−163%	25 406 €
Equity	-26 431 €−1 132%	2 562 €+1,3%	2 528 €−82,1%	14 118 €−58,3%	33 818 €−24,5%	44 803 €−30,8%	64 704 €
Turnover	26 375 €−18,3%	32 271 €−17,1%	38 944 €−30,0%	55 638 €+24,6%	44 669 €+59,5%	28 001 €−72,4%	101 495 €
Profit margin	-109,9%	0,1%	-29,8%	-35,4%	-24,6%	-56,8%	25,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-8 935 €	-2 309 €
Liquidity
Current ratio	0,5	1,6
Quick ratio	0,5	1,6
Cash ratio	0,5	1,5
Efficiency
Days sales outstanding (dso)	4,3	1,9
Asset turnover	1,2	1,1
Structure
Debt ratio	0,8	0,1
Profitability
Operating margin	-35,4%	-24,6%
Net profit margin	-35,4%	-24,6%
Return on assets (roa)	-40,8%	-26,3%
Return on equity (roe)	-139,5%	-32,5%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 20068828 / 10	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 20068828 / 9	31.10.2020	Entry – Amendment entry	-	Entered into force31.10.2020
Ä 20068828 / 8	26.05.2020	Entry – Amendment entry under CRA § 525 (2)	-	Entered into force26.05.2020
Ä 20068828 / 7	13.01.2020	Entry – Amendment entry	-	Entered into force13.01.2020
Ä 20068828 / 6	18.01.2018	Entry – Amendment entry	-	Entered into force18.01.2018

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

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


10.06.2026	Kastre Vallavalitsus	2 740,40 €Received	OPERATING EXPENSESBasic and general secondary education
06.02.2026	Eesti Maaülikool	432,76 €Received	OPERATING EXPENSESTertiary education
13.10.2025	Eesti Maaülikool	484,05 €Received	OPERATING EXPENSESTertiary education
12.12.2024	Eesti Maaülikool	597,80 €Received	OPERATING EXPENSESTertiary education
12.07.2023	Eesti Maaülikool	1 176 €Received	OPERATING EXPENSESTertiary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


02.01.2020	Sihtasutus Tallinna EttevõtlusinkubaatoridAid measure 20864	Turundustegevused VTA › Ekspordi edendamine VTAOther	1 000 €	20864/2000086
01.06.2019	Sihtasutus Tallinna EttevõtlusinkubaatoridAid measure 19799	Turundustegevused VTA › Ekspordi edendamine VTAOther	1 000 €	19799/1900074

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


no11.ee	Active	12.09.2014	13.09.2027

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.