HMV-Systems Baltic OÜ

Registered
11341840Private limited company (OÜ)Founded 2007

Key figures

139 676 €−1,2%
Revenue 2025
−0,5%
Average annual change 2019–2025
050 k100 k150 k200 k2019202020212022202320242025

Ratios

2025

Summary: HMV-Systems Baltic OÜ

What kind of company is it?

HMV-Systems Baltic OÜ (registry code 11341840) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Särevere alevik, Türi vald, Järva maakond. According to the latest annual report, the main activity is other education n.e.c. (EMTAK 85599). The company is registered for VAT (VAT number EE101125282).

How is the company doing financially?

Revenue in financial year 2025 was 139 676 €, down 1,2% on the previous year (141 379 €). Financial year 2025 ended with a loss of 2032 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 69 838 €. At the end of financial year 2025, total assets were 31 173 € and equity 10 987 € (35,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 39 128 €, up 26,8% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 12 572 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3790 € per month.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 2 owners. The largest stake (55%) 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 08.06.2026. 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 202639 128 €212 572 €
Q2 202636 233 €212 572 €
Q1 202637 026 €212 572 €
Q4 202532 743 €212 572 €
Q3 202530 857 €212 572 €
Q2 202542 601 €212 572 €
Q1 202528 682 €212 482 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
2023763 €
20220 €
20210 €
20209000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue132 155150 903146 935141 379139 676
Net profit69453598831−2039−2032
Retained earnings1907885211 68712 51710 479
Total assets28 08350 54337 90536 03831 173
Total liabilities16 69135 55322 84723 01920 186
Total equity11 39214 99015 05813 01910 987
Employees23322
Average gross salary (monthly)32732198211135123524
Calculated dividend0076300

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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55%45%HMV-Systems Baltic OÜ1Virgo TiitsuTaavi Tiitsu1Epp Tiitsu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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