HgHg OÜ
RegisteredKey figures
Ratios
2025Summary: HgHg OÜ
What kind of company is it?
HgHg OÜ (registry code 11232570) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is business and other management consultancy (EMTAK 70201). The company is registered for VAT (VAT number EE101072429).
How is the company doing financially?
Revenue in financial year 2025 was 272 220 €, up 9,7% on the previous year (248 082 €). From 2019 to 2025, revenue grew by an average of 9,5% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 40 739 € (15,0% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 90 740 €. At the end of financial year 2025, total assets were 2 078 055 € and equity 1 222 426 € (58,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 446 646 €, up 553% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 13 882 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 4160 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) 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 01.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (254900LMBP13YE2DYW33) comes from the GLEIF database. 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 | 446 646 € | 2 | 13 882 € |
| Q2 2026 | 44 446 € | 3 | 12 335 € |
| Q1 2026 | 50 967 € | 2 | 12 416 € |
| Q4 2025 | 56 106 € | 2 | 13 190 € |
| Q3 2025 | 68 451 € | 2 | 14 091 € |
| Q2 2025 | 74 837 € | 3 | 12 576 € |
| Q1 2025 | 63 878 € | 2 | 12 408 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 208 252 | 241 214 | 230 139 | 248 082 | 272 220 |
| Net profit | 144 444 | −26 563 | 50 919 | 227 185 | 40 739 |
| Retained earnings | 760 947 | 905 391 | 878 828 | 929 747 | 1 154 737 |
| Total assets | 1 493 179 | 1 719 685 | 1 822 376 | 2 126 213 | 2 078 055 |
| Total liabilities | 563 032 | 816 101 | 867 873 | 944 525 | 855 629 |
| Total equity | 930 147 | 903 584 | 954 503 | 1 181 688 | 1 222 426 |
| Employees | 4 | 4 | 3 | 3 | 3 |
| Average gross salary (monthly) | 1804 | 1778 | 2139 | 2519 | 2526 |
| Calculated dividend | 20 000 | 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 obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
26 recordsState aid and de minimis aid in total 7451 € (2015–2021). Largest grantors: Elering AS (7451 €).
Show all aid records (26)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 45 € | 21.05.2021 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 16 € | 15.10.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 68 € | 30.06.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 4 € | 31.01.2020 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 71 € | 31.10.2019 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 26 € | 30.04.2019 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 123 € | 17.01.2019 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 1 € | 31.12.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 1 € | 31.12.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 1 € | 22.11.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 8 € | 31.10.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 94 € | 28.09.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 0 € | 24.05.2017 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 4 € | 31.10.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 14 € | 30.09.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 13 € | 08.09.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 22 € | 17.08.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 17 € | 17.08.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 68 € | 31.05.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 7 € | 31.01.2016 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 32 € | 30.09.2015 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 14 € | 31.07.2015 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 28 € | 30.06.2015 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 38 € | 31.05.2015 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 38 € | 05.05.2015 |
| Elering AS | Taastuvatest energiaallikatest energia tootmiseks antav tegevusabi | 6700 € | 25.03.2015 |
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 ↗
Related companies
- Exodim OÜ53,2 m €
- IPF Digital AS49,7 m €
- Roche Eesti Osaühing48,4 m €
- VG Estonia OÜ32,8 m €
- Hevi Optronics OÜ27,2 m €