Horveitex osaühingRegistered
Key figures
298 628 €+109,6%
Revenue 2025
+4,7%
Average annual growth 2019–2025
Ratios
202511,9%
Profit margin
14,5%
EBITDA margin
19,1%
Equity ratio
1,2×
Current ratio
68,7%
Return on equity
792 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 174 087 € | 19 | 19 424 € |
| Q1 2026 | 125 657 € | 19 | 17 138 € |
| Q4 2025 | 179 562 € | 19 | 17 096 € |
| Q3 2025 | 97 615 € | 19 | 5899 € |
| Q2 2025 | 509 € | 18 | 181 € |
| Q1 2025 | 54 133 € | 16 | 3385 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 22 812 | 7830 | 28 844 | 17 214 | 21 060 | 27 708 | 258 040 |
| Total non-current assets | 5168 | 2834 | 1349 | 751 | 1032 | 624 | 12 178 |
| Total assets | 27 980 | 10 664 | 30 193 | 17 965 | 22 092 | 28 332 | 270 218 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 23 436 | 6120 | 8371 | 276 | 12 717 | 12 201 | 218 645 |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | 23 436 | 6120 | 8371 | 276 | 12 717 | 12 201 | 218 645 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 1445 | 2044 | 2044 | 19 322 | 15 188 | 6876 | 13 631 |
| Profit for the year | 599 | 0 | 17 278 | −4133 | −8313 | 6755 | 35 442 |
| Total equity | 4544 | 4544 | 21 822 | 17 689 | 9375 | 16 131 | 51 573 |
| Income statement | |||||||
| Sales revenue | 226 460 | 38 725 | 4286 | 37 | 78 797 | 142 458 | 298 628 |
| Operating profit | 599 | 0 | 17 278 | −4133 | −8313 | 6755 | 35 445 |
| EBITDA | 3502 | 2334 | 18 763 | −3535 | −7633 | 7163 | 43 214 |
| Profit before income tax | 599 | 0 | 17 278 | −4133 | −8313 | 6755 | 35 442 |
| Profit for the reporting year | 599 | 0 | 17 278 | −4133 | −8313 | 6755 | 35 442 |
| Labour costs | 80 907 | 30 311 | 8403 | 3436 | 39 886 | 52 469 | 106 747 |
| Depreciation of non-current assets | 2903 | 2334 | 1485 | 598 | 680 | 408 | 7769 |
| Other indicators | |||||||
| Employees | 7 | 4 | 1 | 1 | 4 | 4 | 15 |
| Calculated dividend | — | 0 | 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.
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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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