Hest Fencing OÜ
RegisteredKey figures
Ratios
2025Summary: Hest Fencing OÜ
What kind of company is it?
Hest Fencing OÜ (registry code 12617547) is a private limited company (OÜ). The company was entered in the Commercial Register in 2014 and has been registered for 12 years. Registered location: Nõo alevik, Nõo vald, Tartu maakond. According to the latest annual report, the main activity is manufacture of other fabricated metal products n.e.c. (EMTAK 25991). The company is registered for VAT (VAT number EE101716303).
How is the company doing financially?
Revenue in financial year 2025 was 4 680 115 €, up 25,0% on the previous year (3 743 258 €). From 2019 to 2025, revenue grew by an average of 18,9% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 577 637 € (12,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 27 employees (25 a year earlier). Revenue per employee was 173 338 €. At the end of financial year 2025, total assets were 5 184 025 € and equity 3 612 967 € (69,7% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1 593 510 €, down 5,0% on the same quarter a year earlier. The company had 29 employees in that quarter. Labour taxes paid in the quarter: 90 742 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1990 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 3 owners. The largest stake (40%) 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 19.06.2026. 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 | 1 593 510 € | 29 | 90 742 € |
| Q2 2026 | 1 483 631 € | 30 | 85 765 € |
| Q1 2026 | 746 059 € | 28 | 87 400 € |
| Q4 2025 | 1 582 969 € | 28 | 94 822 € |
| Q3 2025 | 1 677 364 € | 29 | 94 919 € |
| Q2 2025 | 1 631 555 € | 30 | 82 357 € |
| Q1 2025 | 716 539 € | 29 | 81 619 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 200 000 € (7% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 953 518 | 4 097 879 | 4 102 172 | 3 743 258 | 4 680 115 |
| Net profit | 397 692 | 460 531 | 686 212 | 486 006 | 577 637 |
| Retained earnings | 1 223 484 | 1 582 779 | 1 986 839 | 2 535 261 | 2 821 267 |
| Total assets | 2 288 316 | 3 106 897 | 3 592 910 | 4 908 748 | 5 184 025 |
| Total liabilities | 453 390 | 849 524 | 705 796 | 1 673 418 | 1 571 058 |
| Total equity | 1 834 926 | 2 257 373 | 2 887 114 | 3 235 330 | 3 612 967 |
| Employees | 23 | 26 | 25 | 25 | 27 |
| Average gross salary (monthly) | 1140 | 1324 | 1801 | 1880 | 2060 |
| Calculated dividend | 25 000 | 38 084 | 56 471 | 137 790 | 200 000 |
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.
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State aid and grants
8 recordsState aid and de minimis aid in total 336 296 € (2018–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (330 241 €), Eesti Töötukassa (6055 €).
Show all aid records (8)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | T&A VTA | 2341 € | 21.03.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 8750 € | 07.01.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 190 000 € | 12.07.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele messidel osalemiseks antav abi (artikkel 19) | 12 600 € | 12.07.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 107 100 € | 12.07.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Protsessi- ja organisatsiooniinnovatsiooniks antav abi (artikkel 29) | 3600 € | 12.07.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitusabi | 5850 € | 12.07.2019 |
| Eesti Töötukassa | Palgatoetus VTA | 6055 € | 11.07.2018 |
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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