OÜ HESVEKA & CO
RegisteredKey figures
Ratios
2025Summary: OÜ HESVEKA & CO
What kind of company is it?
OÜ HESVEKA & CO (registry code 10084245) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Võru linn, Võru maakond. According to the latest annual report, the main activity is sawing and planing of wood (EMTAK 16111). The company is registered for VAT (VAT number EE100414538).
How is the company doing financially?
Revenue in financial year 2025 was 1 439 398 €, up 0,8% on the previous year (1 427 544 €). From 2019 to 2025, revenue grew by an average of 3,0% per year. Net profit for financial year 2025 was 7530 € (0,5% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 24 employees (22 a year earlier). Revenue per employee was 59 975 €. At the end of financial year 2025, total assets were 813 162 € and equity 477 787 € (58,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 304 063 €, up 8,2% on the same quarter a year earlier. The company had 21 employees in that quarter. Labour taxes paid in the quarter: 31 332 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1060 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 5 owners. The largest stake (51%) is held by a private individual.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 20.02.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 304 063 € | 21 | 31 332 € |
| Q2 2026 | 402 873 € | 20 | 28 501 € |
| Q1 2026 | 343 227 € | 22 | 34 337 € |
| Q4 2025 | 419 859 € | 24 | 37 097 € |
| Q3 2025 | 281 014 € | 24 | 35 680 € |
| Q2 2025 | 438 747 € | 25 | 34 250 € |
| Q1 2025 | 364 463 € | 24 | 34 717 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 1 644 922 | 1 948 355 | 1 310 624 | 1 427 544 | 1 439 398 |
| Net profit | 25 264 | −37 529 | −129 270 | −4163 | 7530 |
| Retained earnings | 135 390 | 160 654 | 185 625 | 126 355 | 122 192 |
| Total assets | 971 967 | 974 423 | 725 696 | 777 736 | 813 162 |
| Total liabilities | 463 248 | 503 233 | 321 276 | 307 479 | 335 375 |
| Total equity | 508 719 | 471 190 | 404 420 | 470 257 | 477 787 |
| Employees | 27 | 26 | 20 | 22 | 24 |
| Average gross salary (monthly) | 996 | 1101 | 1029 | 1024 | 1067 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 3605 € (2016). Largest grantors: Eesti Töötukassa (3605 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3605 € | 02.03.2016 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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