Hovere Property OÜ

Registered
12720372Private limited company (OÜ)Founded 2014

Key figures

465 073 €−26,5%
Revenue 2025
−8,6%
Average annual change 2018/19–2025
0500 k1 m1,5 m2018/192019/2020212022202320242025

Ratios

2025

Summary: Hovere Property OÜ

What kind of company is it?

Hovere Property OÜ (registry code 12720372) 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: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is wholesale of household, office and shop furniture, carpets and lighting equipment (EMTAK 46471). The company is registered for VAT (VAT number EE101747288).

How is the company doing financially?

Revenue in financial year 2025 was 465 073 €, down 26,5% on the previous year (632 588 €). From 2018/19 to 2025, revenue declined by an average of 8,6% per year. This is the company's lowest revenue among the published years (2018/19–2025). Net profit for financial year 2025 was 98 607 € (21,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 465 073 €. At the end of financial year 2025, total assets were 1 318 063 € and equity 1 309 255 € (99,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 72 266 €, down 16,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2404 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1580 € 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 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 202672 266 €12404 €
Q2 202676 628 €12404 €
Q1 202642 927 €12930 €
Q4 202587 444 €11952 €
Q3 202586 165 €11952 €
Q2 202563 710 €11952 €
Q1 202561 183 €12540 €

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

Dividends

calculated
2025

No dividends were distributed.

History
dividend other equity decrease
20250 €
20240 €
20230 €
20220 €
202131 739 €+218 395 € other
2019/2013 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue1 134 281913 844560 727632 588465 073
Net profit28 96471 040106 652113 81098 607
Retained earnings136 195165 159236 199342 851456 700
Total assets1 108 2331 002 5811 105 8351 222 1601 318 063
Total liabilities189 12612 434903611 5518808
Total equity919 107990 1471 096 7991 210 6091 309 255
Employees32211
Average gross salary (monthly)1134118060212631234
Calculated dividend31 7390000

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
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
All on time
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.

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100%Hovere Property OÜEve Vendelin2Hendrik Hoogeveen
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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