OÜ Hiiurand

Registered
11908808Private limited company (OÜ)Founded 2010

Key figures

41 172 €−1,9%
Revenue 2025
+26,3%
Average annual growth 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: OÜ Hiiurand

What kind of company is it?

OÜ Hiiurand (registry code 11908808) 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: Kärdla linn, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is marine fishing (EMTAK 03111). The company is registered for VAT (VAT number EE101676744).

How is the company doing financially?

Revenue in financial year 2025 was 41 172 €, down 1,9% on the previous year (41 952 €). From 2019 to 2025, revenue grew by an average of 26,3% per year. Net profit for financial year 2025 was 250 € (0,6% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 41 172 €. At the end of financial year 2025, total assets were 64 566 € and equity 15 088 € (23,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 10 959 €, up 109% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1201 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202610 959 €11201 €
Q2 202618 327 €11131 €
Q1 20260 €11106 €
Q4 20252795 €11126 €
Q3 20255244 €11126 €
Q2 202533 133 €11126 €
Q1 202580 €11046 €

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

Dividends

calculated
2025

Distributed as dividends 1793 € (13% of distributable profit).

History
20251793 €
20240 €
2023876 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue51 95630 41615 70041 95241 172
Net profit2878596−12 64813 463250
Retained earnings10 66213 54013 26061212 282
Total assets94 226110 46280 80874 87764 566
Total liabilities78 13093 77077 64058 24649 478
Total equity16 09616 692316816 63115 088
Employees11111
Average gross salary (monthly)584654725424954
Calculated dividend0087601793

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 note6 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
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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25%50%25%OÜ Hiiurand1Priit Kalmus1Koit KalmusMeril Lauter
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

10 records

State aid and de minimis aid in total 1877 € (2018–2025). Largest grantors: Riigi Tugiteenuste Keskus (1765 €), MTÜ Maakondlikud Arenduskeskused (112 €).

Show all aid records (10)
2025112 €
20241358 €
2023395 €
201811 €
GrantorPurposeAmountDate
MTÜ Maakondlikud ArenduskeskusedMuu112 €17.11.2025
Riigi Tugiteenuste KeskusMuu900 €10.12.2024
Riigi Tugiteenuste KeskusMuu205 €20.09.2024
Riigi Tugiteenuste KeskusMuu44 €05.09.2024
Riigi Tugiteenuste KeskusMuu45 €05.06.2024
Riigi Tugiteenuste KeskusMuu121 €09.05.2024
Riigi Tugiteenuste KeskusMuu44 €09.05.2024
Riigi Tugiteenuste KeskusMuu182 €01.05.2023
Riigi Tugiteenuste KeskusMuu213 €09.03.2023
Riigi Tugiteenuste KeskusMuu11 €16.03.2018

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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