10226774ActivePublic limited companyVAT-registered

Novarc Group AS

Registered 7. juuli 1997, primary activity: Constructional engineering-technical designing and consulting. Main place of business in Mustamäe linnaosa, Tallinn, Harju maakond.

Mustamäe linnaosa, Tallinn, Harju maakondEMTAK 71121 — Constructional engineering-technical designing and consulting28+ years
Updated 4 h ago
e-Business Register
Revenue 2026 (I kv)
€380k
▼ 38% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
27
2026 (MTA)
Taxes paid
€237k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 11.05.2026 (MTA)

Overview

e-Business Register · 4 h ago
Legal form
Public limited company
Date of first registration
07.07.1997e-Business Register
Address
A. H. Tammsaare tee 92, Mustamäe linnaosa, Tallinn, 13423 Harju maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Website
novarc.eee-Business Register · domain active
Telephone
+372 6260000e-Business Register
Principal activity
EMTAK 71121 — Constructional engineering-technical designing and consultinge-Business Register · ETCB
VAT number
EE100121397ETCB · VAT-registered
Share capital
64 000,00 €e-Business Register

Officers (5)

e-Business Register · 4 h ago
MM
Martin Mäsak
Born 1982 · 44 y · board member since 03.04.2024
Board member
RR
Reino Rass
Born 1961 · 65 y · supervisory board member since 15.09.2022
Supervisory board member
HJ
Hillar Joon
Born 1953 · 73 y · supervisory board member since 15.09.2022
Supervisory board member
AL
Aare Leis
Born 1967 · 59 y · supervisory board member since 15.09.2022
Supervisory board member
JR
Jüri Rass
Born 1958 · 68 y · supervisory board member since 22.12.2023
Supervisory board member

Shareholders

e-Business Register · 4 h ago
AO
AKVALIUS OÜLEGAL PERSON
Legal person · 11347267 · shareholder since 05.12.2025
Shareholder 94% · €60k

Beneficial owners

e-Business Register · 4 h ago
JR
Jüri Rass
Born 1958 · 68 y · ultimate beneficial owner since 07.09.2018
Ultimate beneficial owner

Other persons (3)

e-Business Register · 4 h ago
IK
Ivi Kärt
Born 1962 · 64 y · auditor since 31.03.2014
Auditor
AR
Audiitorbüroo Rostok & Kärt OÜLEGAL PERSON
Legal person · 12492511 · auditor since 31.03.2014
Auditor
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares

Subsidiaries

e-Business Register · shareholders · 4 h ago

Novarc Group AS is a shareholder or officer in 3 more companies.

Osaühing Projektkeskus
Shareholder 100%
Inseneribüroo Aksiaal OÜ
Shareholder 49%
MTÜ Digitaalehitus
Founder

Tech stack

Website analysis · 14 h tagasi
novarc.ee4 technologies detected
Content management (CMS)
WordPress
JavaScript library
jQuery
Web server
Apache
UI framework
Tailwind CSS

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
YearRevenueProfitEquityAssetsEmployees
2024AUD1 510 169 €−101 956 €−95 532 €€1.1m2616.06.2025
2023AUD2 759 150 €−190 381 €6424 €€1.0m3628.06.2024
2022AUD2 911 493 €55 278 €174 810 €€1.1m3929.06.2023
2021AUD2 683 065 €−101 310 €58 582 €€1.1m4128.06.2022
2020AUD2 434 358 €−644 366 €159 892 €€891k5029.06.2021
2019AUD3 960 652 €24 024 €840 372 €€1.5m6202.07.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q379 777 €152 323 €84 380 €27
20251 747 168 €621 676 €366 917 €28
20241 616 707 €571 098 €381 432 €25
20232 712 786 €888 009 €633 960 €30
20222 959 069 €866 440 €557 040 €40
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€380k———
State taxes 2026€152k———
Taxes on workforce 2026€84k———
Employees 202627———
Revenue 2025€614k€387k€345k€401k
State taxes 2025€183k€139k€146k€153k
Taxes on workforce 2025€97k€93k€92k€85k
Employees 202527272928
Revenue 2024€569k€273k€399k€376k
State taxes 2024€183k€111k€153k€125k
Taxes on workforce 2024€131k€84k€96k€71k
Employees 202428262125
Revenue 2023€765k€787k€525k€636k
State taxes 2023€255k€241k€204k€187k
Taxes on workforce 2023€172k€166k€158k€137k
Employees 202341383130
Revenue 2022€683k€725k€544k€1.0m
State taxes 2022€170k€212k€210k€274k
Taxes on workforce 2022€98k€141k€152k€166k
Employees 202239414140

Commercial pledges (4 · €275k)

Business Register · pledges
#1
450 000,00 € EEK
Järjekoht: esimene · Algus 28.12.2004 · kehtiv
Kehtiv
#2
1 800 000,00 € EEK
Järjekoht: teine · Algus 09.06.2005 · kehtiv
Kehtiv
#3
2 600 000,00 € EEK
Järjekoht: kolmas · Algus 17.03.2008 · kehtiv
Kehtiv
#4
275 030,00 € EUR
Järjekoht: neljas · Algus 03.03.2014 · kehtiv
Kehtiv

Licences (10)

Majandustegevuse register · 15 h tagasi
Ehitusprojekti ekspertiis
MajandustegevusteadeEK10226774-0002from 02.06.2025
Valid
Valveseadmestiku projekteerimine, paigaldamine ja hooldamine
MajandustegevusteadeTTV000005from 31.07.2024
Valid
Omanikujärelevalve
MajandustegevusteadeEO10226774-0001from 02.10.2023
Valid
Projekteerimine
MajandustegevusteadeFPR000699from 02.09.2022
Valid
Liikluskorralduse projektide tegemine
MajandustegevusteadeELK000022from 20.10.2014
Valid
Show remaining active (5)
Projekteerimine
MajandustegevusteadeEEP003319from 20.10.2014
Valid
Ehitusprojekti ekspertiis
MajandustegevusteadeEPE001027from 20.10.2014
Valid
Muinsuskaitse
MajandustegevusteadeE 252/2006from 26.03.2013
Valid
Projekteerimine
MajandustegevusteadeEP10226774-0001from 27.03.2003
Valid
Elektritööd
MajandustegevusteadeEL10226774-0001from 15.11.2002
Valid

Public procurements (47 · €8.5m)

Procurement Register · 2 h tagasi
DateProcurementBuyerAmount
04.07.2023Sihtasutus Ida-Viru Investeeringute Agentuur98 600 €
04.05.2023Riigi Kinnisvara Aktsiaselts57 225 €
02.05.2023Tartu Linnavalitsus428 000 €
27.02.2023Tallinna Keskkonna- ja Kommunaalamet9370 €
21.02.2023Riigi Kinnisvara Aktsiaselts453 276 €
Show remaining (42)
08.02.2021Narva Linna Arenduse ja Ökonoomika Amet34 000 €
17.02.2022Tallinna Tehnikaülikool585 000 €
17.02.2022osaühing Rail Baltic Estonia488 650 €
10.11.2021Riigi Kinnisvara Aktsiaselts151 200 €
26.05.2021Riigi Kinnisvara Aktsiaselts229 964 €
07.06.2021Tallinna Keskkonna- ja Kommunaalamet125 000 €
09.06.2021Transpordiamet220 220 €
08.03.2021Riigi Kinnisvara Aktsiaselts208 908 €
14.05.2021Kadrioru Staadion392 500 €
08.09.2020Tallinna Keskkonna- ja Kommunaalamet66 990 €
19.03.2021Transpordiamet72 600 €
01.04.2021Transpordiamet133 980 €
22.02.2021Haljala Vallavalitsus14 000 €
19.02.2021Saue Vallavalitsus29 000 €
25.01.2021Transpordiamet153 890 €
20.01.2021Transpordiamet33 880 €
11.12.2020Eesti Kunstiakadeemia120 000 €
30.11.2020Maanteeamet17 842 €
15.09.2020Sihtasutus KredEx400 000 €
08.09.2020Riigi Kinnisvara Aktsiaselts154 770 €
02.09.2020Maanteeamet56 364 €
20.07.2020Maanteeamet43 142 €
03.07.2020Viru-Nigula vallavalitsus11 800 €
22.04.2020Tallinna Keskkonna- ja Kommunaalamet78 160 €
20.03.2020Aktsiaselts Tallinna Tööstuspargid314 998 €
08.10.2019Maanteeamet617 287 €
28.02.2019Veeteede Amet38 698 €
13.08.2019Maanteeamet34 220 €
10.06.2019Riigi Kinnisvara Aktsiaselts107 226 €
31.05.2019Tallinna Linnavaraamet233 700 €
28.05.2019Maanteeamet23 760 €
12.04.2019Maanteeamet51 227 €
19.03.2019Tartu Linnavalitsus38 640 €
30.10.2018sihtasutus Põhja-Eesti Regionaalhaigla1 357 950 €
30.10.2018Tallinna Kommunaalamet18 125 €
30.10.2018AS Põhja-Eesti Taastusravikeskus273 920 €
20.07.2018Riigi Kinnisvara Aktsiaselts158 340 €
31.07.2018Maanteeamet28 325 €
20.06.2018Narva Linna Arenduse ja Ökonoomika Amet68 985 €
16.05.2018Maanteeamet61 765 €
30.04.2018Tallinna Linnavaraamet117 000 €
16.04.2018Maanteeamet88 880 €

History (92)

e-Business Register · entries
02.10.2024
Amending entry (TsMS § 595¹ lg 1 alusel)
Entry no. 29
02.10.2024
Amending entry (TsMS § 595¹ lg 1 alusel)
Ä 10014686 / 37 · Status: In force
02.05.2024
Amending entry
Entry no. 28
02.05.2024
Amending entry
Ä 10014686 / 36 · Status: In force
03.04.2024
Amending entry
Entry no. 27
Show 87 more events
03.04.2024
Amending entry
Ä 10014686 / 35 · Status: In force
05.01.2024
Amending entry
Entry no. 26
05.01.2024
Amending entry
Ä 10014686 / 34 · Status: In force
13.12.2023
Amending entry
Ä 10014686 / 33 · Status: In force
25.09.2022
Amending entry
Entry no. 25
25.09.2022
Amending entry
Ä 10014686 / 32 · Status: In force
23.03.2021
Amending entry
Entry no. 24
23.03.2021
Amending entry
Ä 10014686 / 31 · Status: In force
21.09.2020
Amending entry
Entry no. 23
21.09.2020
Amending entry
Ä 10014686 / 30 · Status: In force
27.08.2020
Amending entry
Ä 10014686 / M13 · Status: Puudused kõrvaldatud
29.06.2020
Amending entry
Entry no. 22
29.06.2020
Amending entry
Ä 10014686 / 29 · Status: In force
17.06.2020
Amending entry
Ä 10014686 / M12 · Status: Puudused kõrvaldatud
01.06.2018
Amending entry
Entry no. 21
01.06.2018
Amending entry
Ä 10014686 / 28 · Status: In force
31.05.2018
Amending entry
Ä 10014686 / M11 · Status: Puudused kõrvaldatud
28.02.2018
Kommertspandi muutmiskanne
Entry no. 11
28.02.2018
Kommertspandi muutmiskanne
K 10014686 / 27 · Status: In force
26.02.2018
Kommertspandi avamiskanne
K 10014686 / M10 · Status: Puudused kõrvaldatud
16.01.2018
Amending entry
Entry no. 20
16.01.2018
Amending entry
Ä 10014686 / 26 · Status: In force
07.11.2017
Amending entry
Entry no. 19
07.11.2017
Amending entry
Ä 10014686 / 25 · Status: In force
28.09.2017
Amending entry
Entry no. 18
28.09.2017
Amending entry
Ä 10014686 / 24 · Status: In force
14.08.2017
Amending entry
Entry no. 17
14.08.2017
Amending entry
Ä 10014686 / 23 · Status: In force
02.08.2017
Amending entry
Ä 10014686 / M9 · Status: Puudused kõrvaldatud
20.04.2017
Amending entry
Entry no. 16
20.04.2017
Amending entry
Ä 10014686 / 22 · Status: In force
07.03.2017
Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks
Ä 10014686 / M8 · Status: Puudused kõrvaldatud
16.09.2016
Amending entry
Entry no. 15
16.09.2016
Amending entry
Ä 10014686 / 21 · Status: In force
16.12.2015
Amending entry
Entry no. 14
16.12.2015
Amending entry
Ä 10014686 / 20 · Status: In force
02.02.2015
Amending entry
Ä 10014686 / 19 · Status: In force
29.12.2014
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Entry no. 13
29.12.2014
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Ä 10014686 / 18 · Status: In force
29.05.2014
Kommertspandi muutmiskanne
Entry no. 10
29.05.2014
Kommertspandi muutmiskanne
K 10014686 / 17 · Status: In force
03.03.2014
Kommertspandi avamiskanne
Entry no. 9
03.03.2014
Kommertspandi muutmiskanne
Entry no. 8
03.03.2014
Kommertspandi muutmiskanne
Entry no. 7
03.03.2014
Kommertspandi muutmiskanne
Entry no. 6
03.03.2014
Kommertspandi muutmiskanne
K 10014686 / 13 · Status: In force
03.03.2014
Kommertspandi muutmiskanne
K 10014686 / 14 · Status: In force
03.03.2014
Kommertspandi muutmiskanne
K 10014686 / 15 · Status: In force
03.03.2014
Kommertspandi avamiskanne
K 10014686 / 16 · Status: In force
17.12.2012
Amending entry
Entry no. 12
17.12.2012
Amending entry
Ä 10014686 / 12 · Status: In force
06.11.2012
Amending entry
Ä 10014686 / M7 · Status: In force
31.08.2011
Amending entry
Entry no. 11
31.08.2011
Amending entry
Ä 10014686 / 11 · Status: In force
20.07.2011
Amending entry
Ä 10014686 / M5 · Status: In force
20.07.2011
Amending entry
Ä 10014686 / M6 · Status: In force
05.12.2008
Amending entry
Entry no. 10
03.12.2008
Amending entry
Ä 14686 / 10 · Status: In force
21.04.2008
Amending entry
Entry no. 9
21.04.2008
Amending entry
Ä 14686 / 9 · Status: In force
17.03.2008
Kommertspandi avamiskanne
Entry no. 5
17.03.2008
Kommertspandi muutmiskanne
Entry no. 4
17.03.2008
Kommertspandi muutmiskanne
Entry no. 3
17.03.2008
Kommertspandi muutmiskanne
K 85183 / 3 · Status: In force
17.03.2008
Kommertspandi muutmiskanne
K 85183 / 4 · Status: In force
17.03.2008
Kommertspandi avamiskanne
K 85183 / 5 · Status: In force
27.09.2007
Amending entry
Entry no. 8
27.09.2007
Amending entry
Ä 14686 / 8 · Status: In force
07.09.2007
Amending entry
Ä 14686 / M4 · Status: In force
19.02.2007
Amending entry
Entry no. 7
19.02.2007
Amending entry
Ä 14686 / 7 · Status: In force
09.06.2005
Kommertspandi avamiskanne
Entry no. 2
09.06.2005
Kommertspandi avamiskanne
K 85183 / 2 · Status: In force
06.06.2005
Amending entry
Entry no. 6
03.06.2005
Amending entry
Ä 14686 / 6 · Status: In force
25.05.2005
Amending entry
Entry no. 5
25.05.2005
Amending entry
Ä 14686 / 5 · Status: In force
28.12.2004
Kommertspandi avamiskanne
Entry no. 1
28.12.2004
Kommertspandi avamiskanne
K 85183 · Status: In force
11.06.2004
Amending entry
Entry no. 4
09.06.2004
Amending entry
Ä 14686 / 4 · Status: In force
24.05.2004
Amending entry
Ä 14686 / M3 · Status: In force
29.07.2003
Märkus
Entry no. 3
25.07.2003
Märkus
Ä 14686 / 3 · Status: In force
04.04.2002
Toimiku dokumentide kontroll
Ä 14686 / M2 · Status: In force
20.09.1999
Kapitali muutmise kanne
Entry no. 2
07.07.1997
Ümberregistreerimiskanne
Entry no. 1

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Via the same person

Persons connected to this company also hold roles in 27 other companies.