ETENRU
RegisteredHarju County
Registry code
10079882
VAT number
EE100334799
Address
Harju maakond, Tallinn, Kristiine linnaosa, Vesipapi tn 8-65, 12916
Registered
18.09.1996 · 30 yrs
Activity
Construction of utility projects for electricity and telecommunications 42221
Capital
2 556 €
Email
k•••@n•••.eeLog in to see
Phone
+372 5•• ••••Log in to see
Website
www.nordelect.ee from email
LEI
894500MP4G8L1U6FE981 ISSUED
Business Register 05.10.2026
Sales revenue1,4 m €+1%2025 annual report
Profit69 103 €2025 annual report
Employees2Tax Board 2026 Q2
Average gross salary1 570 €estimate, Tax Board 2026 Q2
Labour taxes per quarter4 804 €Tax Board 2026 Q2
Cash104 k €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months1,2 m €-4%Tax Board, last 4 quarters
State taxes 12 months122 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 329 tuh €
355 k295 k305 k312 k268 k467 k155 k329 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
81 / 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
RatingAA → A → AA
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 4% vs a year earlier
Notification when something changes
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Data

Board and owners

1 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 1
Kalev Puusepp2 companiesno tax debtPersonal ID ↗10.12.2009
Shareholders 1
Kalev Puusepp100,0% 2 556 €01.09.2023
Beneficial owners 1
Kalev Puusepp2 companiesno tax debtdirect holding29.09.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue8,9%
Labour taxes / revenue1,5%
Revenue per employee per month54 810 €
Gross salary (estimate)1 570 €
Net salary (estimate)1 334 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2328 861 €▲ 5%4 804 €29 288 €2
2026 Q1154 637 €▼ 49%5 056 €15 819 €1
2025 Q4467 448 €▲ 59%5 617 €63 661 €1
2025 Q3268 187 €▼ 24%5 504 €13 415 €1
2025 Q2311 766 €▲ 6%4 980 €28 648 €1
2025 Q1304 641 €▼ 32%5 558 €31 973 €1
2024 Q4294 550 €▼ 44%6 153 €18 970 €1
2024 Q3354 647 €▼ 40%7 241 €23 149 €1
2024 Q2294 046 €▼ 18%7 526 €10 169 €1
2024 Q1446 335 €▲ 30%11 059 €37 039 €1
2023 Q4524 353 €▲ 13%11 948 €29 019 €2
2023 Q3589 624 €▲ 35%12 069 €63 050 €3
Show full history (18 quarters)
2023 Q2356 987 €▲ 35%9 723 €36 906 €2
2023 Q1342 699 €▲ 49%13 966 €57 162 €2
2022 Q4464 449 €11 544 €31 191 €3
2022 Q3437 727 €9 153 €28 922 €3
2022 Q2263 881 €7 945 €15 892 €2
2022 Q1229 940 €6 109 €41 794 €2

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 revenue1,4 m €▲ 1%1,3 m €▼ 25%1,8 m €▲ 22%1,5 m €▲ 58%923 k €
Profit69 103 €▲ 130%30 037 €▼ 38%48 750 €▼ 81%261 k €▲ 294%66 236 €
Profit margin5,1%2,2%2,7%17,9%7,2%
Retained earnings83 105 €▼ 45%151 k €▼ 25%202 k €▲ 228%61 626 €▼ 35%95 390 €
Cash104 k €▲ 46%70 806 €▼ 67%218 k €▲ 165%82 220 €▼ 5%86 621 €
Current assets391 k €▼ 10%435 k €▼ 41%741 k €▲ 42%522 k €▲ 69%309 k €
Fixed assets18 000 €▼ 40%30 000 €▼ 29%42 000 €▼ 71%147 k €▲ 56%93 900 €
Assets409 k €▼ 12%465 k €▼ 41%783 k €▲ 17%668 k €▲ 66%403 k €
Current liabilities229 k €▼ 9%253 k €▼ 47%476 k €▲ 76%271 k €▲ 39%194 k €
Long-term liabilities24 837 €▼ 12%28 237 €▼ 47%53 784 €▼ 26%72 516 €▲ 63%44 542 €
Total liabilities254 k €▼ 10%282 k €▼ 47%529 k €▲ 54%343 k €▲ 44%239 k €
Equity155 k €▼ 16%184 k €▼ 28%254 k €▼ 22%325 k €▲ 98%164 k €
Labour costs-45 740 €▲ 11%-51 530 €▲ 50%-102 k €▼ 15%-89 048 €▼ 53%-58 389 €
Employees1▼ 50%2▼ 50%40%40%4
Filed30.06.202610.06.202501.07.202420.06.202327.06.2022
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
Construction of utility projects for electricity and telecommunications main activity422211 352 921 €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

30 847 € makseid

Transactions with state institutions

202630 547 €
2025300 €

Largest payers

Pirita Majandusgümnaasium   29 537 €
Tallinna Ettevõtlusinkubaatorid SA1 011 €
MTÜ Maakondlikud Arenduskeskused300 €
All payments by month
MonthPayerTypeFieldAmount
07.2026Tallinna Ettevõtlusinkubaatorid SAOperating costsGeneral economic and trade policy1 011 €
01.2026Pirita Majandusgümnaasium   Operating costsBasic and general secondary education29 537 €
01.2025MTÜ Maakondlikud ArenduskeskusedOperating costsGeneral economic and trade policy300 €

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: Construction of utility projects for electricity and telecommunications

20

OÜ Nordelect: place 54 /311

Similar size: Netic OÜ, Helmot-E OÜ, Eurowind Energy OÜ, OÜ Vamos Automaatika, osaühing Pental Elekter, INSTWORK OÜ, osaühing Petro-Elekter, OÜ Toome Elekter, Solaring OÜ, OÜ Clougrupp

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

Licences, domains

2 records

Activity licences (MTR and environmental)

FieldLicence numberValid from
ElektritöödTEL00237020.06.2014

Domains

DomainSource
nordelect.eeemail

History and notices

18
DateTypeContent
20.07.2026EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
01.09.2023EntryAmendment entry
08.04.2021EntryAmendment entry
18.08.2020EntryMuutmiskanne ÄS § 525 lg 2 alusel
03.05.2019EntryMuutmiskanne ÄS § 525 lg 2 alusel
24.08.2018EntryAmendment entry
21.08.2018Order to remedy deficienciesAmendment entry
27.06.2018Order to remedy deficiencies to correct non-entry data
16.01.2018EntryAmendment entry
07.11.2017EntryAmendment entry
31.08.2016EntryAmendment entry
16.05.2014EntryAmendment entry
19.08.2011EntryAmendment entry
10.12.2009EntryAmendment entry
26.05.2009EntryAmendment entry
04.05.2009Order to remedy deficienciesAmendment entry
03.12.2008Tegevusalade kustutamine registrikaardiltAmendment entry
28.10.2004Jaatav kandeotsusAmendment entry