HVC Solutions OÜ

Registered
11500616Private limited company (OÜ)Founded 2008
Tax debt 4701 € as of 09.11.2026 (incl. 4701 € in a payment schedule).Source: Tax and Customs Board

Key figures

111 781 €+15,2%
Revenue 2025
+18,7%
Average annual growth 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: HVC Solutions OÜ

What kind of company is it?

HVC Solutions OÜ (registry code 11500616) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Hullo küla, Vormsi vald, Lääne maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101378013).

How is the company doing financially?

Revenue in financial year 2025 was 111 781 €, up 15,2% on the previous year (97 037 €). From 2019 to 2025, revenue grew by an average of 18,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 3618 € (3,2% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 111 781 €. At the end of financial year 2025, total assets were 87 444 € and equity 43 024 € (49,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 20 737 €, down 52,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 704 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 610 € per month.

Who runs the company and who owns it?

The company has one management board member. According to the register, the company has 3 owners. The largest stake (33,5%) 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 17.08.2026. 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 202620 737 €1704 €
Q2 202628 906 €11761 €
Q1 202627 955 €1646 €
Q4 202520 717 €1655 €
Q3 202544 016 €1976 €
Q2 202534 932 €11044 €
Q1 202523 381 €1421 €

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 revenue57 91158 57453 65797 037111 781
Net profit−15 59912 826666114 1583618
Retained earnings18 304270515 53122 19236 350
Total assets27 80933 56645 18562 00687 444
Total liabilities22 04814 97919 93722 60044 420
Total equity576118 58725 24839 40643 024
Employees10011
Average gross salary (monthly)———507752
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 issue1 note5 clear
Register status
Registered
Business Register
Tax debt
4701 €
as of 09.11.2026 (incl. 4701 € in a payment schedule)
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.

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33,5%33,25%33,25%HVC Solutions OÜKalev Avik2Maanus Avik1Tiit Adams
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Annual reportsPDF, XBRL

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

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