HMTEC OÜ

Registered
11651864Private limited company (OÜ)Founded 2009
Annual report for 2025 not filed.

Key figures

153 134 €+166,8%
Revenue 2024
+0,2%
Average annual growth 2019–2024
0100 k200 k300 k400 k201920202021202220232024

Ratios

2024

Summary: HMTEC OÜ

What kind of company is it?

HMTEC OÜ (registry code 11651864) 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: Ketneri küla, Nõo vald, Tartu maakond. According to the latest annual report, the main activity is manufacture of other special-purpose machinery n.e.c. (EMTAK 28991). The company is registered for VAT (VAT number EE101294304).

How is the company doing financially?

Revenue in financial year 2024 was 153 134 €, up 167% on the previous year (57 402 €). Net profit for financial year 2024 was 144 € (0,1% of revenue). The company was profitable in all 6 published financial years. In financial year 2024 the company had 1 employees. Revenue per employee was 153 134 €. At the end of financial year 2024, total assets were 425 154 € and equity 176 887 € (41,6% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 2400 €, down 98,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1663 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1160 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is a private individual.

What should you look out for?

The annual report for financial year 2025 has not been filed on time.

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 2024) was filed on 08.08.2025. 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 20262400 €11663 €
Q2 202687 540 €11698 €
Q1 2026106 200 €11558 €
Q4 2025106 200 €11558 €
Q3 2025187 900 €11558 €
Q2 20251575 €11558 €
Q1 20251300 €11506 €

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

Dividends

calculated
2024

Distributed as dividends 9502 € (5% of distributable profit).

History
20249502 €
20230 €
20220 €
2021113 151 €
202012 860 €
Summary of financial statements2020–2024
20202021202220232024
Sales revenue245 863304 748103 48457 402153 134
Net profit69 56786 64211 8996492144
Retained earnings122 24178 657165 299177 197174 187
Total assets205 805171 371185 641223 202425 154
Total liabilities11 4413516588736 957248 267
Total equity194 364167 855179 754186 245176 887
Employees21111
Average gross salary (monthly)8391204672730824
Calculated dividend12 860113 151009502

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 issue6 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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
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

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100%HMTEC OÜ3Ants Kruuse
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

7 records

State aid and de minimis aid in total 17 027 € (2015–2023). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (17 027 €).

Show all aid records (7)
202339 €
20220 €
2021271 €
2020439 €
2019240 €
201814 €
201516 022 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud0 €08.12.2022
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud16 022 €11.09.2015

The total also includes 5 tax reductions worth 1005 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.

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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