OÜ HEDOVANA

Registered
11439288Private limited company (OÜ)Founded 2007

Key figures

68 495 €−9,6%
Revenue 2025
+5,4%
Average annual growth 2019–2025
020 k40 k60 k80 k2019202020212022202320242025

Ratios

2025

Summary: OÜ HEDOVANA

What kind of company is it?

OÜ HEDOVANA (registry code 11439288) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 18 years. Registered location: Umbsaare küla, Võru vald, Võru maakond. According to the latest annual report, the main activity is printing of periodicals, advertising materials, forms and similar (EMTAK 18122). The company is registered for VAT (VAT number EE102003714).

How is the company doing financially?

Revenue in financial year 2025 was 68 495 €, down 9,6% on the previous year (75 762 €). From 2019 to 2025, revenue grew by an average of 5,4% per year. Net profit for financial year 2025 was 1164 € (1,7% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 68 495 €. At the end of financial year 2025, total assets were 73 130 € and equity 68 684 € (93,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 12 646 €, down 11,2% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 681 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 400 € 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 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 202612 646 €2681 €
Q2 202616 288 €2823 €
Q1 202610 937 €2505 €
Q4 202517 737 €2829 €
Q3 202514 241 €21793 €
Q2 202514 857 €21403 €
Q1 202525 385 €2860 €

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 revenue49 64247 08664 27875 76268 495
Net profit5474−3086592055151164
Retained earnings46 66752 14049 05454 97460 490
Total assets63 61760 54065 53775 15173 130
Total liabilities44464456353376314446
Total equity59 17156 08462 00467 52068 684
Employees21111
Average gross salary (monthly)40682998812411625
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
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
50%50%OÜ HEDOVANAJaanis KottiseValentina Selkina
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 11 937 € (2017–2018). Largest grantors: Eesti Töötukassa (11 857 €), Põllumajanduse Registrite ja Informatsiooni Amet (80 €).

Show all aid records (3)
201811 857 €
201780 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA6000 €28.06.2018
Eesti TöötukassaPalgatoetus VTA5857 €05.04.2018
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud80 €14.06.2017

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

Loading list of reports…

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

Related companies