Nordic 11 OÜ
- Registry code
- 12718719
- VAT number
- not VAT registered
- Address
- Tartu maakond, Tartu linn, Tartu linn, Risti tn 9-3, 50303
- Registered
- 11.09.2014 · 12 yrs
- Activity
- Advertising agencies 73111
- Capital
- 2 500 €
- t•••@n•••.eeLog in to see
- Website
- www.no11.ee
Business Register 06.10.2026
Sales revenue26 375 €-18%2025 annual report
Profit-28 993 €2025 annual report
Employees1Tax Board 2026 Q2
Average gross salary217 €estimate, Tax Board 2026 Q2
Labour taxes per quarter332 €Tax Board 2026 Q2
Cash10 667 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months24 376 €-33%Tax Board, last 4 quarters
State taxes 12 months2 233 €Tax Board, last 4 quarters
Quick check
- No tax debt
- No enforcement proceedings (12 months)
- No payment orders (12 months)
- No bankruptcy or liquidation
- No sanctions
- Report filed (2025)
- Not VAT registered
Stability
Follow companyNotification when something changesRatingBBB → B → BB
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 33% vs a year earlier
Board and owners
1 persons
| Board 1 | ||
|---|---|---|
| Tarmo Veesaar2 companiesno tax debt | Personal ID ↗ | 11.09.2014 |
| Shareholders 1 | ||
| Tarmo Veesaar | 100,0% 2 500 € | 01.09.2023 |
| Beneficial owners 1 | ||
| Tarmo Veesaar2 companiesno tax debtdirect holding | 23.07.2019 | |
Business Register open data
Quarterly taxes and revenue
2026 Q2
State taxes / revenue8,9%
Labour taxes / revenue9,5%
Revenue per employee per month1 166 €
Gross salary (estimate)217 €
Net salary (estimate)209 €
2026 Q2. Wage is estimated from employment taxes.
| Quarter | Revenue | Change y/y | Labour taxes | State taxes | Employees |
|---|---|---|---|---|---|
| 2026 Q2 | 3 499 € | ▼ 68% | 332 € | 311 € | 1 |
| 2026 Q1 | 10 659 € | ▲ 146% | 340 € | 1 029 € | — |
| 2025 Q4 | 1 958 € | ▼ 85% | 353 € | 331 € | — |
| 2025 Q3 | 8 260 € | ▲ 8% | 353 € | 562 € | — |
| 2025 Q2 | 10 798 € | ▲ 182% | 306 € | 1 799 € | — |
| 2025 Q1 | 4 328 € | ▼ 21% | 281 € | 431 € | — |
| 2024 Q4 | 13 467 € | ▲ 34% | 294 € | 2 182 € | — |
| 2024 Q3 | 7 632 € | ▼ 30% | 294 € | 542 € | — |
| 2024 Q2 | 3 825 € | ▼ 67% | 268 € | 572 € | — |
| 2024 Q1 | 5 455 € | ▼ 61% | 221 € | 1 282 € | — |
| 2023 Q4 | 10 065 € | ▼ 42% | 227 € | 942 € | — |
| 2023 Q3 | 10 931 € | ▼ 74% | 227 € | 447 € | — |
Show full history (18 quarters)
| 2023 Q2 | 11 438 € | ▲ 8% | 207 € | 619 € | — |
| 2023 Q1 | 13 925 € | ▲ 15% | 232 € | 920 € | — |
| 2022 Q4 | 17 463 € | 242 € | 1 151 € | — | |
| 2022 Q3 | 41 991 € | 242 € | 359 € | — | |
| 2022 Q2 | 10 583 € | 210 € | 692 € | — | |
| 2022 Q1 | 12 059 € | 241 € | 1 329 € | — |
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 | 26 375 € | ▼ 18% | 32 271 € | ▼ 17% | 38 944 € | ▼ 30% | 55 638 € | ▲ 25% | 44 669 € |
| Profit | -28 993 € | ▼ into loss | 34 € | ▲ into profit | -11 590 € | ▲ 41% | -19 700 € | ▼ 79% | -10 985 € |
| Profit margin | -109,9% | 0,1% | -29,8% | -35,4% | -24,6% | ||||
| Retained earnings | 62 € | ▲ 121% | 28 € | ▼ 100% | 11 618 € | ▼ 63% | 31 318 € | ▼ 26% | 42 303 € |
| Cash | 10 667 € | ▼ 31% | 15 501 € | ▲ 10% | 14 077 € | ▼ 36% | 21 887 € | ▲ 208% | 7 100 € |
| Current assets | 12 015 € | ▼ 22% | 15 501 € | ▲ 5% | 14 696 € | ▼ 35% | 22 736 € | ▲ 201% | 7 547 € |
| Fixed assets | 8 584 € | ▼ 44% | 15 465 € | ▼ 38% | 24 856 € | ▼ 30% | 35 438 € | ▲ 15% | 30 879 € |
| Assets | 20 599 € | ▼ 33% | 30 966 € | ▼ 22% | 39 552 € | ▼ 32% | 58 174 € | ▲ 51% | 38 426 € |
| Current liabilities | 47 030 € | ▲ 66% | 28 404 € | ▼ 23% | 37 024 € | ▼ 16% | 44 056 € | ▲ 856% | 4 608 € |
| Total liabilities | 47 030 € | ▲ 66% | 28 404 € | ▼ 23% | 37 024 € | ▼ 16% | 44 056 € | ▲ 856% | 4 608 € |
| Equity | -26 431 € | ▼ into loss | 2 562 € | ▲ 1% | 2 528 € | ▼ 82% | 14 118 € | ▼ 58% | 33 818 € |
| Labour costs | -4 668 € | ▼ 12% | -4 152 € | ▼ 25% | -3 334 € | 0% | -3 334 € | 0% | -3 334 € |
| Employees | 0 | 0 | 0 | 0 | 0 | ||||
| Filed | 30.06.2026 | 30.06.2025 | 30.06.2024 | 30.06.2023 | 30.06.2022 | ||||
| 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 |
|---|---|---|---|
| Advertising agencies main activity | 73111 | 26 375 € | 100% |
2025 annual report, RIK open data
Real estate
e-kinnistusraamat
Loading properties…
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
8 864 € makseid
Transactions with state institutions
20263 173 €
2025484 €
2024598 €
20234 609 €
Largest payers
| Eesti Maaülikool | 4 143 € |
| Kastre Vallavalitsus | 2 740 € |
| Võrumaa Haridus- ja Tehnoloogiakeskus | 1 291 € |
| Tõrva Vallavalitsus | 690 € |
All payments by month
| Month | Payer | Type | Field | Amount |
|---|---|---|---|---|
| 06.2026 | Kastre Vallavalitsus | Operating costs | Basic and general secondary education | 2 740 € |
| 02.2026 | Eesti Maaülikool | Operating costs | Tertiary education | 433 € |
| 10.2025 | Eesti Maaülikool | Operating costs | Tertiary education | 484 € |
| 12.2024 | Eesti Maaülikool | Operating costs | Tertiary education | 598 € |
| 07.2023 | Eesti Maaülikool | Operating costs | Tertiary education | 1 176 € |
| 06.2023 | Võrumaa Haridus- ja Tehnoloogiakeskus | Operating costs | Vocational education | 1 291 € |
| 05.2023 | Eesti Maaülikool | Operating costs | Tertiary education | 1 452 € |
| 01.2023 | Tõrva Vallavalitsus | Operating costs | Municipal government | 690 € |
Riigi Tugiteenuste Keskus, Saldo makseandmikud
Holdings in other companies
0
No holdings in other companies
Companies linked via the board
1
Sorted by revenue (latest report or 4 quarters).
Top 20 in activity: Advertising agencies
20
| # | Company | Revenue |
|---|---|---|
| 1 | Exodim OÜ | 53,2 m € |
| 2 | UAB "JOHNSON & JOHNSON" Eesti filiaal | 46,0 m € |
| 3 | Digital nudge OÜ | 43,5 m € |
| 4 | Hermes Digital OÜ | 17,0 m € |
| 5 | Equitex Advertising OÜ | 12,8 m € |
| 6 | GlobeCoders OÜ | 10,5 m € |
| 7 | Mobitopia OÜ | 10,1 m € |
| 8 | Heavy Value OÜ | 9,3 m € |
| 9 | Huta Digital OÜ | 8,6 m € |
| 10 | Wunder Digital OÜ | 8,2 m € |
| 11 | Point2Web Europe OÜ | 7,0 m € |
| 12 | MurafaDigital OÜ | 6,6 m € |
| 13 | Partial Match Media OÜ | 6,5 m € |
| 14 | Itech Media OÜ | 6,5 m € |
| 15 | Squarewave OÜ | 6,0 m € |
| 16 | Benrey OÜ | 5,7 m € |
| 17 | Gepard Media OÜ | 5,0 m € |
| 18 | Tornaado Agency OÜ | 4,7 m € |
| 19 | Edusystems OÜ | 4,4 m € |
| 20 | WaardeX OÜ | 4,3 m € |
Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity
Domains
1 records
Domains
| Domain | Source |
|---|---|
| no11.ee | Business Register |
History and notices
10
| Date | Type | Content |
|---|---|---|
| 01.09.2023 | Entry | Amendment entry |
| 31.10.2020 | Entry | Amendment entry |
| 26.05.2020 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 13.01.2020 | Entry | Amendment entry |
| 18.01.2018 | Entry | Amendment entry |
| 29.12.2017 | Entry | Muutmiskanne ÄS § 525 lg 2 alusel |
| 19.12.2017 | Entry | Amendment entry |
| 08.12.2017 | Entry | Amendment entry |
| 08.02.2016 | Entry | Amendment entry |
| 11.09.2014 | Entry | First entry |