Heatset OÜ
RegisteredKey figures
Ratios
2025Summary: Heatset OÜ
What kind of company is it?
Heatset OÜ (registry code 11503299) 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: Kärdla linn, Hiiumaa vald, Hiiu 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 EE101229612).
How is the company doing financially?
Revenue in financial year 2025 was 134 004 €, up 23,0% on the previous year (108 973 €). From 2019 to 2025, revenue grew by an average of 13,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 45 354 € (33,8% of revenue). The company was profitable in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 282 751 € and equity 279 045 € (98,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 36 380 €, down 1,4% on the same quarter a year earlier.
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 30.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 36 380 € | — | 0 € |
| Q2 2026 | 32 294 € | — | 0 € |
| Q1 2026 | 17 793 € | — | 0 € |
| Q4 2025 | 26 712 € | — | 0 € |
| Q3 2025 | 36 908 € | — | 0 € |
| Q2 2025 | 50 173 € | — | 0 € |
| Q1 2025 | 29 329 € | — | 0 € |
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 | 77 254 | 57 377 | 104 204 | 108 973 | 134 004 |
| Net profit | 42 889 | 27 158 | 75 282 | 55 553 | 45 354 |
| Retained earnings | 69 997 | 72 886 | 100 045 | 175 326 | 230 879 |
| Total assets | 119 285 | 108 397 | 181 890 | 242 208 | 282 751 |
| Total liabilities | 3587 | 5541 | 3751 | 8517 | 3706 |
| Total equity | 115 698 | 102 856 | 178 139 | 233 691 | 279 045 |
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | 20 220 | 40 000 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 0 € (2020). Largest grantors: Tallinna Linnakantselei (0 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Tallinna Linnakantselei | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 0 € | 01.04.2020 |
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.
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