ETENRU
RegisteredTartu County
Registry code
16294541
VAT number
EE102816354
Address
Tartu maakond, Tartu linn, Tartu linn, Spektri tn 6, 50411
Registered
18.08.2021 · 5 yrs
Activity
Construction of utility projects for electricity and telecommunications 42221
Capital
2 500 €
Email
i•••@n•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Business Register 08.10.2026
Sales revenue184 k €2025 annual report
Profit1 986 €2025 annual report
Employees1Tax Board 2026 Q2
Average gross salary4 859 €estimate, Tax Board 2026 Q2
Labour taxes per quarter7 435 €Tax Board 2026 Q2
Cash15 403 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 08.10.2026
Revenue 12 months213 k €+233%Tax Board, last 4 quarters
State taxes 12 months41 825 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 8 915 €
11 k53 k57 k75 k72 k8 915
I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
AA
Very good, low risk
82 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 08.10.2026 · 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 → AA
In tax debt0 days since 26.09.2026
Email right away on tax debt, bankruptcy or board change
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Andrus Armulik6 companiesno tax debtPersonal ID ↗04.12.2024
Vahur Salu11 companiesno tax debtPersonal ID ↗04.12.2024
Shareholders 1
Nord Capital Holding OÜ100,0% 2 500 €03.12.2024
Beneficial owners 2
Andrus Armulik6 companiesno tax debtkaudne osalus03.12.2024
Vahur Salu11 companiesno tax debtkaudne osalus03.12.2024

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue64,1%
Labour taxes / revenue83,4%
Revenue per employee per month2 972 €
Gross salary (estimate)4 859 €
Net salary (estimate)3 808 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q28 915 €▼ 83%7 435 €5 711 €1
2026 Q171 890 €▲ 576%7 426 €16 398 €1
2025 Q475 003 €5 216 €16 857 €1
2025 Q357 455 €0 €2 859 €1
2025 Q253 491 €0 €1 273 €—
2025 Q110 630 €0 €745 €—
2024 Q3———1
2024 Q2———1
2023 Q3—1 733 €1 702 €—
2023 Q2—660 €647 €3
2022 Q2—1 482 €1 445 €—
2022 Q1—1 296 €1 266 €3

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

4 yr
Build report

2025202420232022
Sales revenue184 k €0 €▼ 100%38 140 €▼ 33%56 637 €
Profit1 986 €0 €▲ 100%-25 403 €▼ into loss46 073 €
Profit margin1,1%—-66,6%81,3%
Retained earnings0 €0 €▼ 100%46 073 €—
Cash15 403 €0 €▼ 100%20 670 €—
Current assets50 750 €0 €▼ 100%20 670 €▼ 56%47 173 €
Assets50 750 €0 €▼ 100%20 670 €▼ 56%47 173 €
Current liabilities14 864 €0 €0 €▼ 100%1 100 €
Long-term liabilities25 200 €———
Total liabilities40 064 €0 €0 €▼ 100%1 100 €
Equity10 686 €0 €▼ 100%20 670 €▼ 55%46 073 €
Labour costs-23 968 €0 €▲ 100%-2 393 €▲ 70%-8 025 €
Employees2▲ 100%10%10%1
Filed16.02.202629.07.202526.03.202430.06.2023
ReportPDF ↓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 activity42221184 445 €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 08.10.2026

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

0

No holdings in other companies

Companies linked via the board

12

Top 20 in activity: Construction of utility projects for electricity and telecommunications

20

Nord Solar Home OÜ: place 148 /312

Similar size: Eimel OÜ, HeilAres OÜ, Enertek OÜ, TooMetsa Maja OÜ, Dexter Grupp OÜ, Powercraft OÜ, osaühing Side-Rel, VKJ Invest OÜ, Elektrivõrguteenus OÜ, Ketlinvest OÜ

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

7
DateTypeContent
15.05.2025EntryAmendment entry
04.12.2024EntryAmendment entry
03.12.2024EntryAmendment entry
21.03.2024EntryAmendment entry
01.11.2023EntryAmendment entry
02.09.2023EntryAmendment entry
18.08.2021EntryFirst entry