NORDIC NETWORKS OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	02.07.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	16.07.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	15.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	19.05.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	14.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	29.03.2021	Valid	PDF
2019	28.03.2019 – 31.12.2019	23.09.2020	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.10.2026.

Delayed declarations

Income- and social-tax return	10.10.2025	14.10.2025	4 d overdue
VAT return	22.09.2025	24.09.2025	2 d overdue

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Tax debt36.2k€Reports Declarations Court decisions–Official announcements1 TTJA decisions–Real estate–.ee domains2 Licenses1 Regulations7 Public transactions155 Grants–State aid–Public procurement11 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	70 288 €	1 755 €	496 964 €+285%	2
2026 Q2	1 666 €	1 755 €	129 007 €+13,9%	2
2026 Q1	1 597 €	1 755 €	113 245 €−34,5%	2
Total 2026:	73 551 €	5 265 €	739 216 €
2025 Q4	21 204 €	1 521 €	172 941 €+64,0%	2
2025 Q3	10 171 €	1 403 €	105 444 €+19,7%	2
2025 Q2	7 254 €	1 403 €	88 105 €−20,5%	2
2025 Q1	11 707 €	1 395 €	110 755 €+38,1%	2
Total 2025:	50 336 €	5 722 €	477 245 €
2024 Q4	6 547 €	1 378 €	80 201 €+24,1%	2
2024 Q3	3 250 €	1 378 €	64 629 €−31,9%	2
2024 Q2	7 745 €	1 378 €	94 838 €−33,8%	2
2024 Q1	11 066 €	1 264 €	143 252 €+51,6%	2
Total 2024:	28 608 €	5 398 €	382 920 €
2023 Q4	7 323 €	1 604 €	94 469 €+12,2%	2
2023 Q3	6 731 €	1 038 €	84 223 €−31,2%	3
2023 Q2	11 732 €	1 038 €	122 341 €+14,1%	2
2023 Q1	5 696 €	1 406 €	107 238 €−38,5%	2
Total 2023:	31 482 €	5 086 €	408 271 €
2022 Q4	13 170 €	1 038 €	174 407 €+46,4%	2
2022 Q3	9 850 €	1 038 €	119 149 €+15,0%	2
2022 Q2	5 281 €	1 038 €	103 639 €+16,0%	2
2022 Q1	3 957 €	811 €	89 313 €+2,4%	2
Total 2022:	32 258 €	3 925 €	486 508 €
2021 Q4	5 503,28 €	629,52 €	87 220,97 €+72,8%	2
2021 Q3	1 726,43 €	793,68 €	50 470,02 €+3,5%	2
2021 Q2	3 439,90 €	793,68 €	48 763,99 €−43,1%	2
2021 Q1	5 883,76 €	1 122 €	85 667 €+9,4%	2
Total 2021:	16 553,37 €	3 338,88 €	272 121,98 €
2020 Q4	6 986,79 €	374 €	78 272,20 €+59,8%	2
2020 Q3	3 524,78 €	0 €	48 975,18 €+71,0%	-
2020 Q2	1 279,80 €	0 €	28 642,75 €−27,5%	-
2020 Q1	553 €	0 €	39 486 €−9,3%	0
Total 2020:	12 344,37 €	374 €	195 376,13 €
2019 Q4	506 €	0 €	43 535 €+117%	0
2019 Q3	873 €	0 €	20 029 €+168%	0
2019 Q2	388 €	0 €	7 464 €	0
2019 Q1	0 €	0 €	0 €	0
Total 2019:	1 767 €	0 €	71 028 €

Revenue by industry

	2023	2024	2025
Engineering activities and related technical consultancy			288 433 €
Distribution of electricity	229 786 €	193 344 €	188 066 €
Other engineering activities		171 380 €
Construction engineering design and consultancy	190 176 €

Tax debts

Type	Amount	Deferred	Disputed
Value-added tax	36 186,34 €	36 186,34 €	0 €
Total	36 186,34 €	36 186,34 €	0 €

Representatives

	Personal ID code
Almer Tärn	38311XXXXXX	21.11.1983 (42)	Board member	19.08.2022	-
Sander Virro	39010XXXXXX	11.10.1990 (36)	Board member	28.03.2019	-

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Shareholders

	Personal ID code
Almer Tärn	38311XXXXXX	21.11.1983 (42)	Shareholder	1 250 EUR	50,00%	Sole ownership	02.09.2023	-
Sander Virro	39010XXXXXX	11.10.1990 (36)	Shareholder	1 250 EUR	50,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Almer Tärn	38311XXXXXX	21.11.1983 (42)	Founder	27.03.2019	-
Sander Virro	39010XXXXXX	11.10.1990 (36)	Founder	27.03.2019	-

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Ultimate beneficial owners

	Personal ID code
Almer Tärn	38311XXXXXX	21.11.1983 (42)	Direct holding	02.06.2024	-
Sander Virro	39010XXXXXX	11.10.1990 (36)	Direct holding	19.04.2019	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 496 964 €
Monthly average: 165 655 €
Per employee: 82 827 €
Equity ratio: 6 626,19%

Labour taxes

Turnover ratio: 0,35%
Tax ratio: 2,50%
Monthly average: 585 €
Per employee: 293 €

State taxes

Monthly average: 23 429 €
Turnover ratio: 14,14%

Estimated salary

Gross salary: 691 €
Net salary: 666 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	265 733 €+112%	125 614 €	125 587 €+1,4%	123 861 €+64,2%	75 442 €+37,7%	54 790 €+59,7%	34 298 €
Non-current assets	-	-	-	-	-	-	-
Total assets	265 733 €+112%	125 614 €	125 587 €+1,4%	123 861 €+64,2%	75 442 €+37,7%	54 790 €+59,7%	34 298 €
Short-term liabilities	165 727 €+218%	52 195 €−2,4%	53 480 €−35,7%	83 208 €+34,0%	62 111 €+146%	25 219 €−17,5%	30 579 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	165 727 €+218%	52 195 €−2,4%	53 480 €−35,7%	83 208 €+34,0%	62 111 €+146%	25 219 €−17,5%	30 579 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	70 918 €+1,9%	69 607 €+147%	28 153 €+150%	11 269 €−57,2%	26 347 €+2 061%	1 219 €−51,2%	2 500 €
Net profit	26 588 €+1 927%	1 312 €−96,8%	41 454 €+54,2%	26 884 €+273%	-15 516 €−160%	25 852 €+2 021%	1 219 €
Equity	100 006 €+36,2%	73 419 €+1,8%	72 107 €+77,4%	40 653 €+205%	13 331 €−54,9%	29 571 €+695%	3 719 €
Turnover	476 499 €+30,6%	364 724 €−13,2%	419 962 €−17,0%	505 729 €+85,6%	272 532 €+23,0%	221 588 €+170%	82 056 €
Profit margin	5,6%	0,4%	9,9%	5,3%	-5,7%	11,7%	1,5%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	1,5	1,2
Quick ratio	1,5	1,2
Cash ratio	0,4	0,1
Efficiency
Days sales outstanding (dso)	58,1	81,2
Asset turnover	5,1	4,2
Structure
Debt ratio	0,7	0,8
Profitability
Operating margin	5,4%	-5,7%
Net profit margin	5,3%	-5,7%
Return on assets (roa)	27,0%	-23,8%
Return on equity (roe)	66,1%	-116,4%

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Licences & notices


Notice of economic activity	TEL003491	Electrical works	Valid	08.04.2019	-

Regulations


Ä 50116114 / 7	11.08.2026	Entry – Amendment entry	-	Entered into force11.08.2026
Ä 50116114 / 6	27.03.2024	Entry – Amendment entry	-	Entered into force27.03.2024
Ä 50116114 / 5	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 50116114 / 4	04.01.2023	Entry – Amendment entry	-	Entered into force04.01.2023
Ä 50116114 / 3	19.08.2022	Entry – Amendment entry	-	Entered into force19.08.2022

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


Notice of decision not to initiate environmental-impact assessment	22.09.2025	PDF

Public transactions


12.08.2026	sihtasutus Aarike Hooldekeskus	496 €Received	OPERATING EXPENSESGeneral care service provided outside the home
27.07.2026	Eesti Rahvusringhääling	496 €Received	OPERATING EXPENSESBroadcasting and publishing services
06.04.2026	Tallinna Täiskasvanute Gümnaasium	345,55 €Received	OPERATING EXPENSESBasic and general secondary education
05.02.2026	Rapla Vallavalitsus	1 488 €Received	OPERATING EXPENSESPre-primary education
05.02.2026	Rapla Vallavalitsus	372 €Received	OPERATING EXPENSESMuseums

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


15.05.2026End 15.12.2026	Reference number 307408 · Hankeleping (osa 2)	Tartu ÜlikoolContracting authority	88 000 €	Concluded
06.05.2026End 05.08.2026	Reference number 308983 · TÖÖVÕTULEPING	Sillamäe LinnavalitsusContracting authority	21 500 €	Completed
27.02.2026End 27.05.2028	Reference number 304633 · Töövõtuleping	Põhja-Pärnumaa VallavalitsusContracting authority	15 900 €	Concluded
17.02.2026End 17.10.2026	Reference number 303546 · PROJEKTEERIMIS-JA EHITUSTÖÖDE TÖÖVÕTULEPING (OSA 2)	Riigi Kinnisvara AktsiaseltsContracting authority	33 000 €	Concluded
27.06.2025End 27.10.2025	Reference number 295380 · Ehitustööde töövõtuleping	Riigi Kinnisvara AktsiaseltsContracting authority	56 000 €actual 60 200 €	Completed

.ee domains


elektrisüsteemid.ee	Active	14.02.2023	15.02.2027
nordicnetworks.ee	Active	03.04.2019	04.04.2027

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.