Osaühing Hiiemägi

Registered
11047275Private limited company (OÜ)Founded 2004

Key figures

854 729 €+89,0%
Revenue 2025
+21,2%
Average annual growth 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Osaühing Hiiemägi

What kind of company is it?

Osaühing Hiiemägi (registry code 11047275) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Purtse küla, Lüganuse vald, Ida-Viru maakond. According to the latest annual report, the main activity is growing of cereals (except rice), pulses and oilseeds (EMTAK 01111). The company is registered for VAT (VAT number EE100953824).

How is the company doing financially?

Revenue in financial year 2025 was 854 729 €, up 89,0% on the previous year (452 198 €). From 2019 to 2025, revenue grew by an average of 21,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1706 € (0,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 284 910 €. At the end of financial year 2025, total assets were 2 453 740 € and equity 837 518 € (34,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 555 538 €, up 132% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 9273 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1970 € 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 27.06.2026. 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 2026555 538 €39273 €
Q2 202646 030 €39273 €
Q1 202658 070 €311 135 €
Q4 2025588 680 €39369 €
Q3 2025238 974 €310 864 €
Q2 202521 000 €310 721 €
Q1 202518 500 €48017 €

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 revenue379 112678 854437 493452 198854 729
Net profit161 041202 79152730 2201706
Retained earnings438 422599 462802 253802 780833 000
Total assets1 095 8951 399 8181 389 2771 325 9832 453 740
Total liabilities493 620594 753583 685490 1711 616 222
Total equity602 275805 065805 592835 812837 518
Employees33333
Average gross salary (monthly)8551038140214191903
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 obligationsAll 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
All on time
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.

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100%Osaühing Hiiemägi3Heiki Kuusmik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

44 records

State aid and de minimis aid in total 183 623 € (2015–2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (152 969 €), Keskkonnaamet (30 654 €).

Show all aid records (44)
202628 898 €
202535 140 €
202417 810 €
202318 338 €
202217 809 €
202115 455 €
20208975 €
201911 685 €
GrantorPurposeAmountDate
KeskkonnaametPõllumajanduslik VTA436 €14.04.2025
KeskkonnaametPõllumajanduslik VTA3200 €05.04.2024
KeskkonnaametPõllumajanduslik VTA3200 €14.04.2023
KeskkonnaametPõllumajanduslik VTA387 €14.04.2023
KeskkonnaametPõllumajanduslik VTA3200 €20.04.2022
KeskkonnaametPõllumajanduslik VTA3200 €05.05.2021
KeskkonnaametPõllumajanduslik VTA913 €23.12.2019
KeskkonnaametPõllumajanduslik VTA3200 €22.05.2019
KeskkonnaametPõllumajanduslik VTA2751 €03.04.2018
KeskkonnaametPõllumajanduslik VTA566 €04.05.2017
KeskkonnaametPõllumajanduslik VTA3200 €04.05.2017
KeskkonnaametPõllumajanduslik VTA3200 €22.07.2016
KeskkonnaametPõllumajanduslik VTA3200 €05.05.2015

The total also includes 31 tax reductions worth 152 969 € (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.

Related companies

Largest in the same sector — Agriculture, forestry and fishing
Same activity — Growing of cereals (except rice), pulses and oilseeds
Same address

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