BHG Finance OÜ

Registered
11880562Private limited company (OÜ)Founded 2010

Key figures

4042 €−34,1%
Revenue 2025
−59,0%
Average annual change 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: BHG Finance OÜ

What kind of company is it?

BHG Finance OÜ (registry code 11880562) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is production of electricity from solar energy (EMTAK 35123).

How is the company doing financially?

Revenue in financial year 2025 was 4042 €, down 34,1% on the previous year (6129 €). From 2019 to 2025, revenue declined by an average of 59,0% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 307 213 €. The company was profitable in 2 of the 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 6 289 316 € and equity 1 860 400 € (29,6% of assets).

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Osaühing ADV Holdings.

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 20.07.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q2 2026. The LEI code (254900ROKQ5EX2A5YJ64) 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
QuarterRevenueNumber of employeesLabour taxes
Q2 2026——0 €
Q1 2026——0 €
Q4 2025——0 €
Q2 2025——0 €
Q1 2025——0 €

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 revenue35 74913 788676961294042
Net profit−96 284−173 441−176 874366 814−307 213
Retained earnings−716 405−812 690−986 131−1 163 005−796 191
Total assets4 302 0174 745 8285 513 8595 970 3356 289 316
Total liabilities2 150 9022 768 1553 713 0603 802 7224 428 916
Total equity2 151 1151 977 6731 800 7992 167 6131 860 400
Employees00000
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 note7 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, 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%BHG Finance OÜOsaühing ADV Holdings4Aivar Raudsik
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 29 700 € (2020). Largest grantors: Elering AS (29 700 €).

Show all aid records (1)
202029 700 €
GrantorPurposeAmountDate
Elering ASMuu29 700 €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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