HS Works OÜRegistered
Tax debt 46 497 € as of 30.09.2026 (incl. 25 720 € in a payment schedule).Source: Tax and Customs Board
Key figures
1 205 631 €+27,5%
Revenue 2025
+59,9%
Average annual growth 2019–2025
Ratios
202510,0%
Profit margin
10,5%
EBITDA margin
58,0%
Equity ratio
2,5×
Current ratio
41,5%
Return on equity
1148 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 426 165 € | 7 | 11 539 € |
| Q1 2026 | 196 211 € | 7 | 16 673 € |
| Q4 2025 | 324 260 € | 7 | 19 837 € |
| Q3 2025 | 389 610 € | 7 | 17 439 € |
| Q2 2025 | 330 918 € | 6 | 13 946 € |
| Q1 2025 | 242 608 € | 6 | 18 245 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculated2025
Distributed as dividends 8900 € (5% of distributable profit).
History
20258900 €
20240 €
20230 €
20220 €
20219222 €
202013 228 €
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 66 653 | 134 063 | 175 757 | 208 550 | 295 850 | 396 742 | 491 031 |
| Total non-current assets | 185 | 49 501 | 38 155 | 25 992 | 13 873 | 2135 | 10 820 |
| Total assets | 66 838 | 183 564 | 213 912 | 234 542 | 309 723 | 398 877 | 501 851 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 4726 | 42 708 | 71 746 | 89 316 | 140 200 | 197 097 | 193 200 |
| Non-current liabilities | — | 50 000 | 46 000 | 42 500 | 42 130 | 22 530 | 17 675 |
| Total liabilities | 4726 | 92 708 | 117 746 | 131 816 | 182 330 | 219 627 | 210 875 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 45 411 | 46 384 | 79 134 | 93 666 | 100 226 | 124 893 | 167 850 |
| Profit for the year | 14 201 | 41 972 | 14 532 | 6560 | 24 667 | 51 857 | 120 626 |
| Total equity | 62 112 | 90 856 | 96 166 | 102 726 | 127 393 | 179 250 | 290 976 |
| Income statement | |||||||
| Sales revenue | 72 191 | 690 725 | 665 068 | 749 098 | 767 672 | 945 250 | 1 205 631 |
| Operating profit | 14 685 | 45 200 | 16 374 | 6560 | 24 667 | 51 857 | 123 552 |
| EBITDA | 15 569 | 57 335 | 28 878 | 19 136 | 37 369 | 64 708 | 126 021 |
| Profit before income tax | 14 685 | 45 200 | 16 374 | 6560 | 24 667 | 51 857 | 123 136 |
| Profit for the reporting year | 14 201 | 41 972 | 14 532 | 6560 | 24 667 | 51 857 | 120 626 |
| Labour costs | 42 174 | 148 437 | 162 705 | 184 123 | 178 823 | 197 448 | 181 369 |
| Depreciation of non-current assets | 884 | 12 135 | 12 504 | 12 576 | 12 702 | 12 851 | 2469 |
| Other indicators | |||||||
| Employees | 3 | 10 | 10 | 11 | 9 | 9 | 8 |
| Calculated dividend | — | 13 228 | 9222 | 0 | 0 | 0 | 8900 |
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.