Hiiu Ilu OÜ

Registered
12893262Private limited company (OÜ)Founded 2015

Key figures

95 692 €+26,3%
Revenue 2025
−0,6%
Average annual change 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Hiiu Ilu OÜ

What kind of company is it?

Hiiu Ilu OÜ (registry code 12893262) 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: Nõmme küla, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is painting and glazing (EMTAK 43341). The company is registered for VAT (VAT number EE101812692).

How is the company doing financially?

Revenue in financial year 2025 was 95 692 €, up 26,3% on the previous year (75 779 €). From 2019 to 2025, revenue declined by an average of 0,6% per year. Net profit for financial year 2025 was 17 026 € (17,8% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 95 692 €. At the end of financial year 2025, total assets were 43 430 € and equity 28 268 € (65,1% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 15 155 €, down 66,2% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 9461 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1110 € 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 29.06.2026. 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 202615 155 €69461 €
Q2 202623 347 €33364 €
Q1 20261790 €2702 €
Q4 202531 931 €24951 €
Q3 202544 791 €34806 €
Q2 202510 310 €33602 €
Q1 202512 255 €31401 €

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

Summary of financial statements2021–2025
20212022202320242025
Sales revenue73 77079 79171 96775 77995 692
Net profit−21 614−745120 58510 82317 026
Retained earnings6397−15 217−22 668−20838740
Total assets15 50710 12022 79228 86843 430
Total liabilities28 22230 28622 37317 62615 162
Total equity−12 715−20 16641911 24228 268
Employees11111
Average gross salary (monthly)39113230145826342265
Calculated dividend00000

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.

Connections graph

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100%Hiiu Ilu OÜ2Marek Kagadze
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 2462 € (2017–2021). Largest grantors: Eesti Töötukassa (1815 €), Riigi Tugiteenuste Keskus (647 €).

Show all aid records (2)
20211815 €
2017647 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA1815 €28.07.2021
Riigi Tugiteenuste KeskusNõustamine VTA647 €06.04.2017

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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