Hiiu Pagar OÜ
RegisteredKey figures
Ratios
2023Summary: Hiiu Pagar OÜ
What kind of company is it?
Hiiu Pagar OÜ (registry code 12868471) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is manufacture of bread and fresh pastry goods (EMTAK 10711).
How is the company doing financially?
Revenue in financial year 2023 was 425 607 €, down 10,1% on the previous year (473 429 €). From 2019 to 2023, revenue grew by an average of 21,2% per year. Financial year 2023 ended with a loss of 26 340 €. The company was profitable in 3 of the 5 published financial years. In financial year 2023 the company had 12 employees (13 a year earlier). Revenue per employee was 35 467 €. At the end of financial year 2023, total assets were 266 907 € and equity 7710 € (2,9% of assets). Based on labour costs in the report, the estimated average gross salary was about 1220 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, the company declared no turnover in Q1 2026.
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.
What should you look out for?
2 annual reports have not been filed on time, the latest for financial year 2025.
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 2023) was filed on 27.06.2024. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q1 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 |
|---|---|---|---|
| Q1 2026 | 0 € | — | 0 € |
| Q4 2025 | 0 € | — | — |
| Q3 2025 | 3035 € | 1 | 3316 € |
| Q2 2025 | 72 762 € | 10 | 19 598 € |
| Q1 2025 | 69 666 € | 10 | 11 550 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales revenue | 197 216 | 297 548 | 427 006 | 473 429 | 425 607 |
| Net profit | 20 219 | 34 465 | 8822 | −15 556 | −26 340 |
| Retained earnings | −16 396 | 3638 | 38 284 | 47 106 | 31 550 |
| Total assets | 54 956 | 94 494 | 215 230 | 290 861 | 266 907 |
| Total liabilities | 48 633 | 53 891 | 165 624 | 256 811 | 259 197 |
| Total equity | 6323 | 40 603 | 49 606 | 34 050 | 7710 |
| Employees | 7 | 9 | 13 | 13 | 12 |
| Average gross salary (monthly) | 842 | 859 | 1086 | 1153 | 1215 |
| Calculated dividend | — | 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.
Risks and obligations2 issues5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
4 recordsState aid and de minimis aid in total 57 913 € (2019–2022). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (51 851 €), Ettevõtluse ja Innovatsiooni Sihtasutus (3150 €), Eesti Töötukassa (2913 €).
Show all aid records (4)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | VKEdele nõustamiseks antav abi (artikkel 18) | 3150 € | 22.09.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 02.12.2021 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringuteks ettenähtud regionaalabi (artikkel 14) | 51 851 € | 23.09.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 2913 € | 09.04.2019 |
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
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.