Heating Ways OÜ
RegisteredKey figures
Ratios
2025Summary: Heating Ways OÜ
What kind of company is it?
Heating Ways OÜ (registry code 14071274) 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: Päri küla, Viljandi vald, Viljandi maakond. According to the latest annual report, the main activity is installation, repair and maintenance of heating, ventilation and air-conditioning equipment (EMTAK 43221). The company is registered for VAT (VAT number EE101890054).
How is the company doing financially?
Revenue in financial year 2025 was 559 913 €, down 15,8% on the previous year (664 659 €). From 2019 to 2025, revenue grew by an average of 23,1% per year. Net profit for financial year 2025 was 2508 € (0,4% 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 559 913 €. At the end of financial year 2025, total assets were 225 209 € and equity 129 482 € (57,5% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 172 662 €, up 65,9% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3944 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2450 € per month.
Who runs the company and who owns it?
The management board has 2 members. 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 28.06.2026. 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 | 172 662 € | 1 | 3944 € |
| Q2 2026 | 146 143 € | 1 | 3944 € |
| Q1 2026 | 136 262 € | 1 | 3944 € |
| Q4 2025 | 217 754 € | 1 | 2629 € |
| Q3 2025 | 104 077 € | 1 | 0 € |
| Q2 2025 | 77 599 € | — | 0 € |
| Q1 2025 | 178 681 € | — | 0 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 413 852 | 468 570 | 474 589 | 664 659 | 559 913 |
| Net profit | 35 405 | 17 907 | 9681 | 21 000 | 2508 |
| Retained earnings | 40 979 | 76 384 | 94 291 | 103 972 | 124 474 |
| Total assets | 116 143 | 120 111 | 125 078 | 241 717 | 225 209 |
| Total liabilities | 37 259 | 23 320 | 18 606 | 114 245 | 95 727 |
| Total equity | 78 884 | 96 791 | 106 472 | 127 472 | 129 482 |
| Employees | 1 | 1 | 0 | 1 | 1 |
| Average gross salary (monthly) | 484 | 433 | — | — | 935 |
| Calculated dividend | 0 | 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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