Nord Solar Business OÜ
- Registry code
- 11213182
- VAT number
- EE102816325
- Address
- Tartu maakond, Tartu linn, Tartu linn, Spektri tn 6, 50411
- Registered
- 27.01.2006 · 20 yrs
- Activity
- Construction of utility projects for electricity and telecommunications 42221
- Capital
- 10 224 €
- i•••@n•••.eeLog in to see
- Phone
- +372 •• ••••Log in to see
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- VAT registered
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Board and owners
2 persons
| Board 2 | ||
|---|---|---|
| Andrus Armulik6 companiesno tax debt | Personal ID ↗ | 11.12.2024 |
| Vahur Salu11 companiesno tax debt | Personal ID ↗ | 11.12.2024 |
| Shareholders 1 | ||
| Nord Capital Holding OÜ | 100,0% 10 224 € | 03.12.2024 |
| Beneficial owners 2 | ||
| Andrus Armulik6 companiesno tax debtkaudne osalus | 03.12.2024 | |
| Vahur Salu11 companiesno tax debtkaudne osalus | 03.12.2024 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 530 927 € | ▲ 101% | 13 461 € | 36 973 € | 4 |
| 2026 Q1 | 533 601 € | ▲ 280% | 13 008 € | 10 275 € | 4 |
| 2025 Q4 | 889 110 € | 13 286 € | 75 583 € | 4 | |
| 2025 Q3 | 532 244 € | 8 521 € | 64 114 € | 4 | |
| 2025 Q2 | 264 388 € | 0 € | 5 032 € | 4 | |
| 2025 Q1 | 140 495 € | 0 € | 10 762 € | — |
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
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Sales revenue | 1,8 m € | 0 € | ▼ 100% | 121 € | ▼ 98% | 7 851 € | ▲ 2% | 7 676 € | |
| Profit | 74 005 € | 0 € | ▲ 100% | -12 424 € | ▼ into loss | 1 530 € | ▲ 62% | 943 € | |
| Profit margin | 4,0% | — | -10267,8% | 19,5% | 12,3% | ||||
| Retained earnings | -11 815 € | 0% | -11 815 € | ▼ into loss | 15 045 € | ▲ 11% | 13 515 € | ▲ 8% | 12 572 € |
| Cash | 35 874 € | 0 € | ▼ 100% | 7 897 € | ▼ 31% | 11 392 € | ▲ 5% | 10 799 € | |
| Current assets | 518 k € | 0 € | ▼ 100% | 7 981 € | ▼ 79% | 38 228 € | ▲ 1% | 37 829 € | |
| Fixed assets | 7 287 € | 0 € | ▼ 100% | 42 473 € | ▲ 74% | 24 360 € | ▼ 6% | 26 028 € | |
| Assets | 526 k € | 0 € | ▼ 100% | 50 454 € | ▼ 19% | 62 588 € | ▼ 2% | 63 857 € | |
| Current liabilities | 277 k € | 0 € | ▼ 100% | 2 658 € | ▲ 12% | 2 368 € | ▲ 42% | 1 667 € | |
| Long-term liabilities | 175 k € | 0 € | ▼ 100% | 33 360 € | 0% | 33 360 € | ▼ 9% | 36 860 € | |
| Total liabilities | 452 k € | 0 € | ▼ 100% | 36 018 € | ▲ 1% | 35 728 € | ▼ 7% | 38 527 € | |
| Equity | 74 005 € | 0 € | ▼ 100% | 14 436 € | ▼ 46% | 26 860 € | ▲ 6% | 25 330 € | |
| Labour costs | -71 204 € | 0 € | 0 € | 0 € | 0 € | ||||
| Employees | 2 | 0 | ▼ 100% | 1 | 0 | 0 | |||
| Filed | 25.02.2026 | 29.07.2025 | 03.09.2024 | 12.04.2023 | 15.06.2022 | ||||
| Report | PDF ↓ | 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
| Activity | EMTAK | Sales revenue | Osa |
|---|---|---|---|
| Construction of utility projects for electricity and telecommunications main activity | 42221 | 1 839 154 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data
Building permits where the company is a party
3 documents
| Date | Building and address | Document and role | Municipality | |
|---|---|---|---|---|
| 07.09.2026 | Büroo- ja laohoone, Äri ja laohoone Tartu linn, Tartu linn, Teguri tn 47b | Notice of use ehitaja | Tartu linn | EHR → |
| 07.09.2026 | Kauplusehoone Lääne-Harju vald, Tuulna küla, Joa tee 18 | Building notice osapool | Lääne-Harju vald | EHR → |
| 07.09.2026 | Kauplus Lääne-Harju vald, Keila-Joa alevik, Jõeääre tee 1 | Building notice osapool | Lääne-Harju vald | EHR → |
All building permits of this company → Source: Register of Construction Works (CC BY-SA 3.0). Private persons are not shown.
Debts and court cases
clean
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
5 343 € makseid
Transactions with state institutions
Largest payers
| Eesti Maaülikool | 4 977 € |
| Tartu Kunstikool | 366 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 08.2026 | Eesti Maaülikool | Operating costs | Tertiary education | 4 977 € |
| 07.2026 | Tartu Kunstikool | Operating costs | Vocational education | 366 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
12
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Construction of utility projects for electricity and telecommunications
20
| # | Company | Revenue |
|---|---|---|
| 1 | OÜ Connecto Varad | 146,0 m € |
| 2 | AS Connecto Infra | 119,4 m € |
| 3 | LEONHARD WEISS OÜ | 118,6 m € |
| 4 | Arrow ECS Baltic OÜ | 79,6 m € |
| 5 | Enersense Aktsiaselts | 47,5 m € |
| 6 | AS INF Ehitus | 39,7 m € |
| 7 | Hitachi Energy Estonia AS | 30,4 m € |
| 8 | AS Connecto Eesti | 29,3 m € |
| 9 | E-Service Aktsiaselts | 16,1 m € |
| 10 | Aktsiaselts Elektritsentrum | 15,8 m € |
| 11 | aktsiaselts Eleväli | 15,1 m € |
| 12 | Kagu Elekter OÜ | 13,3 m € |
| 13 | Energiapartner OÜ | 12,3 m € |
| 14 | OÜ Pluvo Eesti | 7,0 m € |
| 15 | ProSystem OÜ | 6,0 m € |
| 16 | osaühing Enera | 5,9 m € |
| 17 | Elero Elekter OÜ | 5,8 m € |
| 18 | Eesti PäikeseVägi OÜ | 5,8 m € |
| 19 | AllSpark Infra OÜ | 5,1 m € |
| 20 | EPCM Consulting OÜ | 4,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Tegevusload, pandid
2 records
Activity licences (MTR and environmental)
| Field | Licence number | Valid from |
|---|---|---|
| Elektritööd | TEL004878 | 13.03.2025 |
Commercial pledges
| Number | Pandipidaja | Amount | Since |
|---|---|---|---|
| 1 | Finora Bank UAB | 390 000 € | 15.05.2026 |
History and notices
19
| Date | Type | Content |
|---|---|---|
| 15.05.2026 | Entry | Kommertspandi avamiskanne |
| 15.05.2025 | Entry | Amendment entry |
| 11.12.2024 | Entry | Amendment entry |
| 02.12.2024 | Entry | Amendment entry |
| 03.06.2024 | Entry | Amendment entry |
| 22.05.2024 | Order to remedy deficiencies | Osanike muutmine |
| 20.05.2024 | Entry | Amendment entry |
| 10.05.2024 | Entry | Amendment entry |
| 01.09.2023 | Entry | Amendment entry |
| 03.05.2021 | Entry | Amendment entry |
| 17.01.2018 | Entry | Amendment entry |
| 29.11.2017 | Entry | Amendment entry |
| 16.09.2016 | Entry | Amendment entry |
| 19.01.2012 | Entry | Amendment entry |
| 27.12.2011 | Negative entry order: deficiencies not remedied | Amendment entry |
| 30.10.2009 | Entry | Amendment entry |
| 03.12.2008 | Tegevusalade kustutamine registrikaardilt | Amendment entry |
| 10.02.2006 | Entry | Amendment entry |
| 26.01.2006 | Entry | First entry |