Hiievanake OÜ
RegisteredKey figures
Ratios
2025Summary: Hiievanake OÜ
What kind of company is it?
Hiievanake OÜ (registry code 11976649) 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: Himmaste küla, Põlva vald, Põlva maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE101392170).
How is the company doing financially?
Revenue in financial year 2025 was 363 154 €, down 29,5% on the previous year (514 831 €). From 2019 to 2025, revenue grew by an average of 8,7% per year. Net profit for financial year 2025 was 16 714 € (4,6% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 5 employees (4 a year earlier). Revenue per employee was 72 631 €. At the end of financial year 2025, total assets were 506 162 € and equity 449 364 € (88,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 44 542 €, down 25,8% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 9737 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1320 € 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.
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 25.06.2026. 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 | 44 542 € | 5 | 9737 € |
| Q2 2026 | 105 839 € | 5 | 20 390 € |
| Q1 2026 | 128 082 € | 5 | 17 043 € |
| Q4 2025 | 93 098 € | 5 | 14 012 € |
| Q3 2025 | 60 012 € | 5 | 8617 € |
| Q2 2025 | 63 640 € | 5 | 17 661 € |
| Q1 2025 | 151 024 € | 5 | 15 165 € |
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 | 189 854 | 267 443 | 232 718 | 514 831 | 363 154 |
| Net profit | −2941 | 13 089 | −26 194 | 168 156 | 16 714 |
| Retained earnings | 291 789 | 274 848 | 287 875 | 261 681 | 429 837 |
| Total assets | 303 902 | 307 465 | 280 596 | 503 842 | 506 162 |
| Total liabilities | 12 241 | 16 715 | 16 102 | 71 192 | 56 798 |
| Total equity | 291 661 | 290 750 | 264 494 | 432 650 | 449 364 |
| Employees | 3 | 3 | 3 | 4 | 5 |
| Average gross salary (monthly) | 815 | 994 | 975 | 1834 | 1689 |
| Calculated dividend | 7000 | 14 000 | 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.
Connections graph
State aid and grants
3 recordsState aid and de minimis aid in total 1796 € (2017–2019). Largest grantors: Eesti Töötukassa (1752 €), Põllumajanduse Registrite ja Informatsiooni Amet (44 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 1752 € | 29.01.2018 |
The total also includes 2 tax reductions worth 44 € (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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