What is the main business of Noraco?

The main business activity of Noraco focuses on realization of building projects related to erection of buildings.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on November 10, 2005.

Where is the headquarters located?

The headquarters is located at: ul. Żurawia 6/12, 00-503 Warszawa.

What is the share capital?

The share capital of the company is PLN 8,200,000 (approx. $2.2 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

In 2024, the company generated total revenue of $6,446,008, representing an increase of 44.1% compared to 2023.

Yes, the company recorded a net profit of $1,321,852 in 2024, meaning the company increased its profit by 71.8%.

What is the main operating cost?

The largest operating cost category falls under materials and energy. This category amounted to $3,858,878 in 2024, representing 84% of all operating expenses.

Noracosp. z o.o.

Realization of building projects related to erection of buildings

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2005-11-10

Share capital

8 200 000,00 PLN

Activity description

Noraco develops real estate projects. The company completed a development in Warsaw’s Wola district comprising nearly 400 apartments and commercial units; its projects also include Podbórzańska and Sunset Resort, with Sunset Resort Aqua planned.

Registered address

ul. Żurawia 6/12/304, 00-503 Warszawa, Poland

Website

noraco.pl

Phone

Social media

Electronic delivery address

AE:PL-80855-32404-JDTAS-25

Financials

Revenue history (in k)

Filing timeliness

Financial statements were filed on time, on average 33 days early. 2 of 5 audited by a statutory auditor.

2025filed
202419/05/2025
202325/06/2024
202206/07/2023
202112/07/2022
202030/07/2021

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 4.99mMedianUSD 139.82kAverageUSD 1.44m

Net profit

This companyUSD 581.36kMedianUSD 283.27AverageUSD 142.72k

Operating costs

This companyUSD 3.93mMedianUSD 105.89kAverageUSD 1.16m

Assets

This companyUSD 15.31mMedianUSD 497.07kAverageUSD 3.94m

Industry

Trademarks

Noraco holds 2 active trademarks registered with the Polish Patent Office. The first mark was filed in 2021.

Mark	Number	Classes	Status	Protected until
SUNSET RESORT(word)	Z.535988	36, 37, 43	Protected	Nov 2, 2031
SUNSET RESORT	Z.535995	36, 37, 43	Protected	Nov 2, 2031

Mark	Protected until
SUNSET RESORT(word)	Nov 2, 2031
SUNSET RESORT	Nov 2, 2031

Authorized Representatives

Jerri Nowikov – President of the Management Board

Manner of representation

In the event of the appointment of a one-person management board, the company is represented by the sole member of the management board independently. If the management board is multi-member, declarations of will and signing on behalf of the company require the joint action of two members of the management board, or one member of the management board together with a commercial proxy.

Ownership

Owner	Shares	Share value	Stake
Egosta: Export-und Import Handelsgesellschaft M.b.h.	16,330	$2,205,564.56	99.5732%
Others	70	$9,454.35	0.4268%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2005-11-28.

Bank spółdzielczy
17 8355 0009 0082 8268 2000 0001
ING Bank Śląski
55 1050 1559 1000 0090 8477 8993
ING Bank Śląski
77 1050 1559 1000 0090 8477 8985

Debt

No entries in the National Debtors Register (KRZ).

Public aid

7 public aid cases recorded, with a total value of $162,167.

Grant date	Purpose	Gross amount	Granting body
Feb 18, 2026	De minimis aid (in accordance with Commission Regulation 2023/2831)	$35,116$35,116	Prezes Banku Gospodarstwa Krajowego
Jun 10, 2022	Other crisis aid	$24,675$24,675	Szczeciński Fundusz Pożyczkowy sp. z o.o.
Jun 10, 2022	Aid compensating for the negative economic consequences of COVID-19, granted in limited amounts	$10,925$10,925	Szczeciński Fundusz Pożyczkowy sp. z o.o.

Competitors

Name	Revenue	Website
Aurec Capital Development Polandsp. z o.o.	$11,301,690.80	aureccapital.pl
Aurec Home Holdingsp. z o.o.	$10,752,274.92	aurechome.pl
Tangasp. z o.o.	$9,585,407.64	tanga.pl
WAWA Novum Sześćsp. z o.o.	$5,149,919.24	novum-developer.pl
Place Investsp. z o.o.	$4,211,283.64	place-invest.com
Realco Projekt 2sp. z o.o.	$3,546,727.79	realco.pl
Inrest Group sp. z o.o.sp. k.	$3,467,490.38	inrestgroup.pl
Cornerstonesp. z o.o.	$2,438,158.80	cornerstone-re.pl
Nekor Falasp. z o.o.	$2,231,141.37	nekor.pl
Realco Projekt 4sp. z o.o.	$2,141,190.03	realco.pl

Change history

Date	Event
2022-03-22	Address change (Ul. Żurawia 6/12, 00-503, Warszawa → Ul. Żurawia 6/12/304, 00-503, Warszawa)
2019-04-03	Address change (Zieleniecka 2, 03-727, Warszawa → Ul. Żurawia 6/12, 00-503, Warszawa)
2017-03-08	PKD change (Removed: 45.1, 45.2, 45.3, 45.4, 45.5, 51, 52, 63.12, 63.30.C, 65.2, 70.1, 70.2, 70.3, 71.32.Z, 72.30.Z, 72.40.Z, 73.10.G, 73.20.A, 74.12.Z, 74.13.Z, 74.14.A, 74.14.B, 74.20, 74.30, 74.40.Z, 74.50.A, 74.85.Z, 80.42.B, 90.00, 93.05.Z; Added: 41.10.Z, 43.99.Z, 52.10.B, 63.11.Z, 64.92.Z, 68.32.Z, 69.20.Z, 73.11.Z, 79.11.A, 82.11.Z)
2012-07-04	Address change (Pl. Przymierza 6, 03-944, Warszawa → Zieleniecka 2, 03-727, Warszawa)
2010-11-03	Share capital change (3,500,000.00 PLN → 8,200,000.00 PLN)

FAQ

Last updated: 2026-04-12