Hartvald OÜ

Registered
14020288Private limited company (OÜ)Founded 2016

Key figures

62 063 €−33,6%
Revenue 2025
−4,9%
Average annual change 2019–2025
050 k100 k150 k2019202020212022202320242025

Ratios

2025

Summary: Hartvald OÜ

What kind of company is it?

Hartvald OÜ (registry code 14020288) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Saulepa küla, Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is other building completion and finishing (EMTAK 43351). The company is registered for VAT (VAT number EE101921923).

How is the company doing financially?

Revenue in financial year 2025 was 62 063 €, down 33,6% on the previous year (93 417 €). From 2019 to 2025, revenue declined by an average of 4,9% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 899 € (1,4% of revenue). The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 1 employees (2 a year earlier). Revenue per employee was 62 063 €. At the end of financial year 2025, total assets were 44 210 € and equity 7664 € (17,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 16 494 €, down 23,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1626 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1130 € 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 202616 494 €11626 €
Q2 202611 533 €11531 €
Q1 202610 803 €13303 €
Q4 20255198 €12827 €
Q3 202521 448 €22827 €
Q2 202522 826 €22827 €
Q1 202516 386 €23283 €

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 revenue63 76768 836102 07293 41762 063
Net profit−1836−16614839−305899
Retained earnings32281392−26945704265
Total assets38 72231 52634 17925 50444 210
Total liabilities34 83029 29527 10918 73936 546
Total equity38922231707067657664
Employees22221
Average gross salary (monthly)78570891212382284
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
100%Hartvald OÜHannes Kõrnas
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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