ETENRU
RegisteredHarju County
Registry code
10686889
VAT number
EE100661802
Address
Harju maakond, Tallinn, Nõmme linnaosa, M. Metsanurga tn 43, 11617
Registered
25.08.2000 · 26 yrs
Activity
Rental and leasing of other machinery, equipment and tangible goods n.e.c. 77399
Capital
4 470 €
Email
h•••@n•••.comLog in to see
Phone
+372 •• ••••Log in to see
Website
www.nordarm.com from email
Business Register 05.10.2026
Sales revenue38 400 €-28%2025 annual report
Profit6 609 €2025 annual report
Labour taxes per quarter85 €Tax Board 2026 Q2
Cash12 213 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months38 400 €+6%Tax Board, last 4 quarters
State taxes 12 months9 324 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 9 600 €
8 7008 7009 3009 6009 6009 6009 6009 600
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
80 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → AA → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 6% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Heino Piirsalu2 companiesno tax debtPersonal ID ↗08.03.2001
Mihkel Piirsalu2 companiesno tax debtPersonal ID ↗21.12.2020
Shareholders 2
Heino Piirsalu50,0% 2 235 €01.09.2023
Mihkel Piirsalu50,0% 2 235 €01.09.2023
Beneficial owners 2
Heino Piirsalu2 companiesno tax debtdirect holding18.10.2018
Mihkel Piirsalu2 companiesno tax debtdirect holding15.09.2023

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue24,7%
Labour taxes / revenue0,9%
Revenue per employee per month—
Gross salary (estimate)—
Net salary (estimate)—

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q29 600 €▲ 0%85 €2 368 €—
2026 Q19 600 €▲ 3%85 €2 381 €—
2025 Q49 600 €▲ 10%68 €2 364 €—
2025 Q39 600 €▲ 10%66 €2 211 €—
2025 Q29 600 €▼ 49%66 €1 852 €—
2025 Q19 300 €▲ 7%60 €2 099 €—
2024 Q48 700 €▲ 0%60 €1 879 €—
2024 Q38 700 €▲ 16%60 €1 970 €—
2024 Q218 750 €▲ 173%60 €2 320 €—
2024 Q18 700 €▲ 27%60 €1 910 €—
2023 Q48 700 €▲ 27%60 €1 794 €—
2023 Q37 483 €▲ 226%60 €1 551 €—
Show full history (18 quarters)
2023 Q26 875 €▼ 30%2 152 €3 521 €—
2023 Q16 875 €▼ 30%0 €1 218 €—
2022 Q46 875 €80 €893 €—
2022 Q32 292 €0 €0 €—
2022 Q29 800 €0 €310 €—
2022 Q19 800 €0 €981 €—

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue38 400 €▼ 28%53 180 €▲ 74%30 542 €▲ 44%21 258 €▲ 117%9 800 €
Profit6 609 €▼ 17%7 985 €▲ 955%757 €▼ 88%6 115 €▲ 7%5 692 €
Profit margin17,2%15,0%2,5%28,8%58,1%
Retained earnings130 k €▲ 7%122 k €▲ 1%121 k €▼ 3%125 k €▲ 5%119 k €
Cash12 213 €▲ 17%10 443 €▲ 646%1 400 €▼ 74%5 325 €▼ 22%6 792 €
Current assets12 213 €▲ 17%10 443 €▲ 59%6 579 €▲ 24%5 325 €▼ 22%6 792 €
Fixed assets183 k €▼ 13%211 k €▼ 12%239 k €▼ 14%279 k €▲ 127%123 k €
Assets195 k €▼ 12%221 k €▼ 10%245 k €▼ 14%284 k €▲ 119%130 k €
Current liabilities53 113 €▼ 38%85 958 €▼ 27%118 k €▼ 20%149 k €▲ 1010×147 €
Total liabilities53 113 €▼ 38%85 958 €▼ 27%118 k €▼ 20%149 k €▲ 1010×147 €
Equity142 k €▲ 5%135 k €▲ 6%127 k €▼ 6%136 k €▲ 5%130 k €
Labour costs0 €0 €0 €0 €0 €
Employees00000
Filed17.06.202610.06.202512.06.202401.06.202306.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Rental and leasing of other machinery, equipment and tangible goods n.e.c. main activity7739938 400 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Nordic Armoury OÜ1137016040,0%11.11.20241,1 m €

Business Register

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Rental and leasing of other machinery, equipment and tangible goods n.e.c.

20
#CompanyRevenue
1KIRDE VARAD AS76,6 m €
2Tõsta OÜ4,9 m €
3Ramudden OÜ4,8 m €
4TOMRA SERVICE OÜ4,8 m €
5United Capital OÜ4,7 m €
6Leemans Greencircle OÜ4,1 m €
7OÜ Kemmerling3,9 m €
8Tenor OÜ2,1 m €
9Baltic Lift Rent OÜ1,8 m €
10Technoavia OÜ1,8 m €
11Paljassaare Laevaremont OÜ1,7 m €
12ABCMODUL OÜ1,6 m €
13Magnetic Enginestands OÜ1,6 m €
14Funrent Tartu OÜ1,6 m €
15Tarbeteenus OÜ1,4 m €
16OÜ Nord Varaliising1,4 m €
17Osaühing Randomer1,3 m €
18Brennek OÜ1,2 m €
19OÜ RAD CAPITAL1,1 m €
20Aktsiaselts Maardu Vesi972 k €

Nordic Armory OÜ: place 190 /456

Similar size: Dekre Osaühing, Glamour Design OÜ, RTC Tehnika OÜ, NWT CORPORATION OÜ, Jetirent OÜ, OSAÜHING Bruster, OÜ Kullerkupu Invest, Commtrail-R OÜ, Heti Agri OÜ, Osaühing EFITES-R

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

No data

History and notices

11
DateTypeContent
18.09.2023EntryAmendment entry
01.09.2023EntryAmendment entry
06.06.2022EntryAmendment entry
21.12.2020EntryAmendment entry
17.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
15.02.2016EntryMuutmiskanne ÄS § 525 lg 2 alusel
14.06.2012EntryAmendment entry
25.05.2011EntryAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
27.05.2003Jaatav kandeotsusAmendment entry