11504072ActivePrivate limited companyVAT-registered

Nordic Power Management OÜ

Registered 9. mai 2008, primary activity: Trade of electricity. Main place of business in Pirita linnaosa, Tallinn, Harju maakond.

Pirita linnaosa, Tallinn, Harju maakondEMTAK 35151 — Trade of electricity18+ years
Updated 12 h ago
e-Business Register
Revenue 2026 (I kv)
€4.6m
▲ 114% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
2
2026 (MTA)
Taxes paid
€112k
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 11.05.2026 (MTA)

Overview

e-Business Register · 12 h ago
Legal form
Private limited company
Date of first registration
09.05.2008e-Business Register
Address
Masti tn 17, Pirita linnaosa, Tallinn, 11911 Harju maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Website
www.nordicpm.eue-Business Register · domain active
Telephones
+372 5015308 · +372 6396610e-Business Register
Principal activity
EMTAK 35151 — Trade of electricitye-Business Register · ETCB
VAT number
EE101227711ETCB · VAT-registered
Share capital
65 000,00 €e-Business Register
LEI
549300M7Q1ZEHBQTT572 · issued 13.03.2015GLEIF

Officers (2)

e-Business Register · 12 h ago
TN
Tiit Nigul
Born 1968 · 58 y · board member since 09.05.2008
Board member
RK
Raul Kivari
Born 1978 · 48 y · board member since 11.12.2012
Board member

Founders (2)

e-Business Register · 12 h ago
BC
BF Capital OÜFOREIGN
Foreign / not in register · founder since 09.05.2008
Founder
ON
Osaühing Nelja EnergiaFOREIGN
Foreign / not in register · founder since 09.05.2008
Founder

Shareholders (2)

e-Business Register · 12 h ago
TF
Time Factory OÜLEGAL PERSON
Legal person · 11501065 · shareholder since 04.09.2025
Shareholder 50% · €33k
TH
TRN Holding OÜLEGAL PERSON
Legal person · 11157911 · shareholder since 04.09.2025
Shareholder 50% · €33k

Beneficial owners (2)

e-Business Register · 12 h ago
RK
Raul Kivari
Born 1978 · 48 y · ultimate beneficial owner since 25.10.2018
Ultimate beneficial owner
TN
Tiit Nigul
Born 1968 · 58 y · ultimate beneficial owner since 25.10.2018
Ultimate beneficial owner

Subsidiaries

e-Business Register · shareholders · 12 h ago

Nordic Power Management OÜ is a shareholder or officer in 3 more companies.

Nordic Power Management OÜ11504072Shareholder 100%Nordic Energy Solutions OÜ12237440Shareholder 50%Nordicems OÜ17189131Shareholder 16%PE Holding OÜ16050980

Tech stack

BuiltWith · 6 päeva tagasi
nordicpm.eu41 active technologies in 14 groups
Widgets16RSS / feeds4Email server4Mobile technologies3Programming language3JavaScript libraries2SSL certificate2Frameworks1Web server1Hosting1Content management (CMS)1Media1Mapping1Copyright1
Category breakdown
Widgets (16)
WordPress Plugins · Fonts · SEO Management · Content Modification · UX/UI Design Tool · Photo & Video Marketing · Page Builder Addons · Data Display Widgets · Content Embedding · Website Builder Plugins · Translation · Localization Software · Bot Detection · Cybersecurity · Fraud Prevention · Security Management Platform · Spam Protection · Vulnerability Management · Website Security · Content Creation · Low-Code/No-Code Platform · Page Builder · Site Search · Search API · Semantic Search · Content Optimization · Caching · Website Performance · Web Performance Monitoring · Graphic Design Tool
RSS / feeds (4)
—
Email server (4)
Secure Email · DMARC
Mobile technologies (3)
—
Programming language (3)
—
JavaScript libraries (2)
JavaScript Library · Animation · DOM Manipulation · Event Handling · Ajax Library · Compatibility · Browser Feature Detection
SSL certificate (2)
Root Authority
Frameworks (1)
Schema
Web server (1)
—
Hosting (1)
Server Location
Content management (CMS) (1)
Open Source · Blog · Simple Website Builder · Community CMS · eCommerce Enabled
Media (1)
Video Players
Mapping (1)
Maps
Copyright (1)
—

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
Revenue · 2019–2024
€9.3mlatest
€50.0m€25.0m0
2019: €8.9m2020: €6.8m2021: €17.2m2022: €26.7m2023: €10.2m2024: €9.3m
201920222024
Profit · 2019–2024
€574klatest
€2.0m€900k€-200k
2019: €-147k2020: €-40k2021: €112k2022: €1.2m2023: €798k2024: €574k
201920222024
YearRevenueProfitEquityAssetsEmployees
2024AUD9 325 247 €573 849 €1 939 176 €€3.0m130.06.2025
2023AUD10 194 736 €797 840 €2 565 327 €€3.4m130.06.2024
2022AUD26 692 685 €1 248 131 €1 836 436 €€6.3m312.07.2023
2021AUD17 202 701 €112 246 €1 819 983 €€7.8m930.06.2022
2020AUD6 817 163 €−39 844 €2 052 537 €€3.5m919.07.2021
2019AUD8 891 538 €−146 521 €2 565 981 €€4.1m927.10.2020
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
€10.0m€5.0m0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q4 558 989 €99 408 €12 792 €2
20256 883 179 €203 097 €38 269 €2
20247 872 034 €194 390 €33 635 €2
20239 710 182 €320 986 €35 262 €2
202224 002 174 €444 013 €24 652 €1
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€4.6m———
State taxes 2026€99k———
Taxes on workforce 2026€13k———
Employees 20262———
Revenue 2025€2.1m€1.4m€1.3m€2.1m
State taxes 2025€161k€8k0 €€34k
Taxes on workforce 2025€12k€9k€9k€9k
Employees 20252222
Revenue 2024€3.3m€1.5m€1.7m€1.4m
State taxes 2024€185k€2k€7k0 €
Taxes on workforce 2024€11k€8k€8k€7k
Employees 20242222
Revenue 2023€3.6m€1.7m€2.0m€2.4m
State taxes 2023€299k€15k€7k0 €
Taxes on workforce 2023€15k€7k€7k€7k
Employees 20232222
Revenue 2022€7.5m€4.6m€6.9m€5.0m
State taxes 2022€161k0 €0 €€283k
Taxes on workforce 2022€8k€6k€6k€5k
Employees 20221111

Licences (3)

Majandustegevuse register · 23 h tagasi
Elektrienergia müük
MajandustegevusteadeELM000069from 03.01.2019
Valid
Gaasi müük
MajandustegevusteadeMGS000089from 19.03.2018
Valid
Elektritööd
MajandustegevusteadeTEL002386from 11.07.2014
Valid

Grants (1 · €135k)

EIS + PRIA + Kohesio + Estonian Unemployment Insurance Fund
Elektrienergia bilansi- ja portfellihalduse tarkvara digipöörde toetuse taotlus
EISEttevõtete digipöörde toetusTaaste ja vastupidavusrahastu (RRF)2024
135 000 €

Public procurements (7 · €22.5m)

Procurement Register · 10 h tagasi
DateProcurementBuyerAmount
21.11.2025Elering AS33 900 €
09.02.2022Aktsiaselts Tallinna Lennujaam6 500 000 €
22.04.2020Aktsiaselts Tallinna Lennujaam216 070 €
08.02.2019Tartu Vallavalitsus59 €
01.01.2019Aktsiaselts Tallinna Lennujaam2 500 000 €
Show remaining (2)
31.07.2018Kohtla-Järve Linnavalitsus2 208 000 €
23.10.2017Tallinna Linnakantselei11 000 000 €

History (36)

e-Business Register · entries
04.09.2025
Amending entry
Entry no. 15
04.09.2025
Amending entry
Ä 10118301 / 16 · Status: In force
02.09.2023
Amending entry
Entry no. 14
02.09.2023
Amending entry
Ä 10118301 / 15 · Status: In force
29.12.2022
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Entry no. 13
Show 31 more events
29.12.2022
Eralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
Ä 10118301 / 14 · Status: In force
06.12.2022
Amending entry
Entry no. 12
06.12.2022
Amending entry
Entry no. 11
06.12.2022
Amending entry
Ä 10118301 / 12 · Status: In force
06.12.2022
Amending entry
Ä 10118301 / 13 · Status: In force
28.11.2022
Amending entry
Ä 10118301 / M5 · Status: Puudused kõrvaldatud
11.11.2022
Amending entry
Ä 10118301 / 11 · Status: In force
05.10.2022
Amending entry
Ä 10118301 / M4 · Status: In force
17.08.2022
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Entry no. 10
17.08.2022
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Ä 10118301 / 10 · Status: In force
28.03.2019
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 9
28.03.2019
Amending entry (ÄS § 525 lg 2 alusel)
Ä 10118301 / 9 · Status: In force
19.11.2018
Amending entry
Entry no. 8
19.11.2018
Amending entry
Ä 10118301 / 8 · Status: In force
17.01.2018
Amending entry
Entry no. 7
17.01.2018
Amending entry
Ä 10118301 / 7 · Status: In force
30.11.2017
Amending entry
Entry no. 6
30.11.2017
Amending entry
Ä 10118301 / 6 · Status: In force
16.09.2016
Amending entry
Entry no. 5
16.09.2016
Amending entry
Ä 10118301 / 5 · Status: In force
04.12.2015
Lõivu tagastamise määrus (NAP)
Ä 10118301 / M3 · Status: In force
27.11.2015
Puuduste kõrvaldamise määrus kandeväliste andmete parandamiseks
Ä 10118301 / M2 · Status: Puudused kõrvaldatud
11.12.2012
Amending entry
Entry no. 4
11.12.2012
Amending entry
Ä 10118301 / 4 · Status: In force
10.12.2012
Amending entry
Ä 10118301 / M1 · Status: In force
29.06.2011
Amending entry
Entry no. 3
29.06.2011
Amending entry
Ä 10118301 / 3 · Status: In force
27.10.2009
Amending entry (ÄS § 525 lg 2 alusel)
Entry no. 2
27.10.2009
Amending entry (ÄS § 525 lg 2 alusel)
Ä 118301 / 2 · Status: In force
09.05.2008
First entry
Entry no. 1
09.05.2008
First entry
Ä 118301 · Status: In force

Connected companies

Via the same person

Persons connected to this company also hold roles in 15 other companies.