HVK Business OÜ
RegisteredKey figures
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2025Summary: HVK Business OÜ
What kind of company is it?
HVK Business OÜ (registry code 11638088) is a private limited company (OÜ). The company was entered in the Commercial Register in 2009 and has been registered for 17 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale agency services (EMTAK 46191). The company is registered for VAT (VAT number EE101425746).
How is the company doing financially?
Revenue in financial year 2025 was 132 517 €, up 107% on the previous year (63 894 €). From 2019 to 2025, revenue declined by an average of 30,2% per year. Financial year 2025 ended with a loss of 166 210 €. The company was profitable in 1 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 132 517 €. At the end of financial year 2025, total assets were 809 212 € and equity 368 597 € (45,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 16 571 €, down 72,7% on the same quarter a year earlier. Labour taxes paid in the quarter: 158 €.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is Punktid Technologies AS.
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 18.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (8945001M1B5NVLDJLD48) 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 | 16 571 € | — | 158 € |
| Q2 2026 | 89 379 € | 1 | 190 € |
| Q1 2026 | 55 617 € | 1 | 109 € |
| Q4 2025 | 109 103 € | 1 | 89 € |
| Q3 2025 | 60 778 € | 1 | 1949 € |
| Q2 2025 | 41 816 € | 1 | 247 € |
| Q1 2025 | 12 258 € | 1 | 208 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 705 098 | 1 000 541 | 709 861 | 63 894 | 132 517 |
| Net profit | −63 066 | −256 981 | −73 188 | −84 743 | −166 210 |
| Retained earnings | 26 568 | −36 687 | −293 668 | −366 856 | −451 599 |
| Total assets | 243 162 | 606 433 | 803 142 | 991 769 | 809 212 |
| Total liabilities | 82 604 | 113 045 | 243 742 | 456 962 | 440 615 |
| Total equity | 160 558 | 493 388 | 559 400 | 534 807 | 368 597 |
| Employees | 4 | 3 | 3 | 1 | 1 |
| Average gross salary (monthly) | 892 | 2763 | 1615 | 669 | — |
| Calculated dividend | 0 | 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 issue1 note5 clear
Data from public registers, not a credit rating.
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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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