HORTITEH OÜ

Registered
10803450Private limited company (OÜ)Founded 2001

Key figures

49 273 €+10,0%
Revenue 2025
−9,9%
Average annual change 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: HORTITEH OÜ

What kind of company is it?

HORTITEH OÜ (registry code 10803450) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 24 years. Registered location: Arupää küla, Tartu vald, Tartu maakond. According to the latest annual report, the main activity is growing of other tree and bush fruits and nuts (EMTAK 01251). The company is registered for VAT (VAT number EE100744994).

How is the company doing financially?

Revenue in financial year 2025 was 49 273 €, up 10,0% on the previous year (44 805 €). From 2019 to 2025, revenue declined by an average of 9,9% per year. Financial year 2025 ended with a loss of 28 313 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 49 273 €. At the end of financial year 2025, total assets were 281 304 € and equity 9131 € (3,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 27 530 €, down 63,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 2359 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 660 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 18.08.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202627 530 €32359 €
Q2 20262340 €4292 €
Q1 20260 €16673 €
Q4 20254640 €10 €
Q3 202575 172 €2424 €
Q2 202513 177 €2424 €
Q1 20250 €12874 €

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
20212022202320242025
Sales revenue74 43436 40426 41344 80549 273
Net profit−1962−57 176−74 4221894−28 313
Retained earnings115 647113 68656 509−17 913−15 810
Total assets349 635335 057369 654277 657281 304
Total liabilities232 696275 293364 313270 422272 173
Total equity116 93959 764534172359131
Employees21111
Average gross salary (monthly)771800129513271097
Calculated dividend00000

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 obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%HORTITEH OÜMadis Pennar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

18 records

State aid and de minimis aid in total 39 053 € (2017–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (39 053 €).

Show all aid records (18)
2026407 €
2025243 €
2023293 €
20223555 €
202132 598 €
2020639 €
2019399 €
2018484 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 2.1 "Piiratud abisummad"3037 €20.12.2022
Põllumajanduse Registrite ja Informatsiooni AmetKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" (p/m esmatootmine)32 043 €02.06.2021

The total also includes 16 tax reductions worth 3973 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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