DecNord Group OÜ

Legal form:: Private limited company
Registry code:: 16583995
VAT no.:: EE102540293
Fiscal-year period:: 01.01 - 31.12
Established:: 30.09.2022 (4 y)
Capital:: 2 500 EUR
Address:: Veski tn 5, Kiili alev, Kiili vald, Harju maakond, 75401
Status:: Registered

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Contacts

Email:: info@decnord.ee

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Industries

MANUFACTURING
Wood processing and manufacture of wood and cork products, except furniture; manufacture of articles of straw and plaiting materials
Manufacture of products of wood, cork, straw and plaiting materials
Manufacture of veneer sheets and wood-based panels
16219 – Manufacture of other wood-based panels

Industry TOPNo. 11 of 16 companies

11.DecNord Group OÜ711.6k €

Main activity 16219 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE102540293	01.10.2022	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	26.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	26.06.2025	Valid	PDF
2023	30.09.2022 – 31.12.2023	24.06.2024	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 22.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains–Licenses–Regulations4 Public transactions1 Grants1 State aid2 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	11 920 €	12 763 €	116 589 €−46,1%	7
2026 Q2	16 988 €	14 678 €	216 307 €+32,9%	7
2026 Q1	11 519 €	12 262 €	162 789 €−24,6%	8
Total 2026:	40 427 €	39 703 €	495 685 €
2025 Q4	9 135 €	9 430 €	215 942 €+61,4%	7
2025 Q3	14 500 €	12 259 €	133 809 €+49,0%	5
2025 Q2	8 861 €	9 502 €	89 816 €−10,5%	5
2025 Q1	7 192 €	7 633 €	100 315 €+87,6%	6
Total 2025:	39 688 €	38 824 €	539 882 €
2024 Q4	5 740 €	5 873 €	53 467 €+56,3%	4
2024 Q3	4 391 €	3 970 €	34 218 €−16,3%	3
2024 Q2	3 039 €	3 266 €	40 881 €+1,1%	4
2024 Q1	2 717 €	3 537 €	40 441 €−4,3%	3
Total 2024:	15 887 €	16 646 €	169 007 €
2023 Q4	2 818 €	2 821 €	42 257 €+118%	3
2023 Q3	0 €	1 304 €	19 342 €−43,6%	3
2023 Q2	0 €	1 149 €	34 290 €+30 245%	1
2023 Q1	0 €	795 €	113 €−97,4%	1
Total 2023:	2 818 €	6 069 €	96 002 €
2022 Q4	113 €	128 €	4 423 €	1
2022 Q3	-	-	-	-
Total 2022:	113 €	128 €	4 423 €

Revenue by industry

	2023	2024	2025
Manufacture of other wood-based panels	102 450 €	158 906 €	517 043 €

Tax debts

No tax debt found

No tax debt as of 22.10.2026

Representatives

	Personal ID code
Tõnis Erissaar	38804XXXXXX	05.04.1988 (38)	Board member	09.03.2026	-
Rivo Toomsalu	38604XXXXXX	11.04.1986 (40)	Board member	30.09.2022	-

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Shareholders

	Personal ID code
Finestly OÜ	16224380	06.05.2021 (5)	Shareholder	1 250 EUR	50,00%	Sole ownership	01.09.2023	-
Rivo Toomsalu	38604XXXXXX	11.04.1986 (40)	Shareholder	1 250 EUR	50,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Rivo Toomsalu	38604XXXXXX	11.04.1986 (40)	Founder	29.09.2022	-
Finestly OÜ	16224380	06.05.2021 (5)	Founder	29.09.2022	-

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Ultimate beneficial owners

	Personal ID code
Rivo Toomsalu	38604XXXXXX	11.04.1986 (40)	Direct holding	30.09.2022	-
Tenno Parmas	38801XXXXXX	05.01.1988 (38)	Indirect holding	30.09.2022	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 116 589 €
Monthly average: 38 863 €
Per employee: 5 552 €
Equity ratio: 1 554,52%

Labour taxes

Turnover ratio: 10,95%
Tax ratio: 107,07%
Monthly average: 4 254 €
Per employee: 608 €

State taxes

Monthly average: 3 973 €
Turnover ratio: 10,22%

Estimated salary

Gross salary: 1 228 €
Net salary: 1 078 €

Aggregate data

	2025	2024	2023
Current assets	84 908 €+294%	21 573 €−11,5%	24 376 €
Non-current assets	34 193 €+53,3%	22 309 €+25,8%	17 729 €
Total assets	119 101 €+171%	43 882 €+4,2%	42 105 €
Short-term liabilities	304 313 €+19,9%	253 816 €+61,5%	157 118 €
Long-term liabilities	-	-	-
Total liabilities	304 313 €+19,9%	253 816 €+61,5%	157 118 €
Share or stock capital	-	-	-
Retained earnings	-212 434 €−80,8%	-117 513 €−4 801%	2 500 €
Net profit	24 722 €+126%	-94 921 €+19,2%	-117 513 €
Equity	-185 212 €+11,8%	-209 934 €−82,5%	-115 013 €
Turnover	517 043 €+225%	158 906 €+55,1%	102 450 €
Profit margin	4,8%	-59,7%	-114,7%

Financial ratios

	2025	2024	2023
Profit and cash flow
EBITDA	56 723 €	-72 740 €	-104 279 €
Liquidity
Current ratio
Quick ratio
Cash ratio
Efficiency
Days sales outstanding (dso)
Asset turnover
Structure
Debt ratio
Profitability
Operating margin
Net profit margin
Return on assets (roa)
Return on equity (roe)

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50211866 / 3	09.03.2026	Entry – Amendment entry	-	Entered into force09.03.2026
Ä 50211866 / 2	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50211866	30.09.2022	Entry – Initial entry	-	Entered into force30.09.2022
Ä 50211866 / M1	29.09.2022	Order to remedy deficiencies – Initial entry	09.10.2022	Deficiencies remedied29.09.2022

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

No official announcements found

Company has no issued official announcements

Public transactions


27.05.2025	Majandus- ja Kommunikatsiooniministeerium	3 184 €Received	OTHER GRANTSR&D in general economic, trade and labour policy

Funded projects


DecNord saunapaneelide tootekatsetused ekspordivõimekuse kasvatamiseks2021-2027.1.01.24-0805	(EK nr 1.1) Teadus- ja innovatsioonivõime, kõrgetasemelised tehnoloogiadERDF · Ettevõtluse ja Innovatsiooni Sihtasutus	15.11.2024 – 15.03.20252021-2027	3 980 €support 67,2%	3 980 €	Completed

State aid


21.01.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231482	Muu › Innovatsiooni osakGrant	3 184 €	231482/2500006
02.07.2024	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231469	Turundustegevused VTA › Ekspordi edendamine VTAGrant	7 987 €	231469/2500128

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

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.