Herman Advise OÜ

Registered
14140555Private limited company (OÜ)Founded 2016

Key figures

206 731 €+1803,1%
Revenue 2025
+29,6%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Herman Advise OÜ

What kind of company is it?

Herman Advise OÜ (registry code 14140555) 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: Järveküla, Rae vald, Harju maakond. According to the latest annual report, the main activity is engineering design and consultancy for construction (EMTAK 71121). The company is registered for VAT (VAT number EE101922948).

How is the company doing financially?

Revenue in financial year 2025 was 206 731 €, up 1803% on the previous year (10 863 €). From 2019 to 2025, revenue grew by an average of 29,6% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 65 835 € (31,8% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 206 731 €. At the end of financial year 2025, total assets were 200 445 € and equity 72 170 € (36,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 58 741 €. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 3230 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2050 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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. The LEI code (984500F8C3EEA1ED0F80) comes from the GLEIF database. 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 202658 741 €13230 €
Q2 202658 434 €13230 €
Q1 202658 126 €12915 €
Q4 202558 097 €13031 €
Q3 202558 484 €12989 €
Q2 202572 505 €12989 €
Q1 2025497 €12956 €

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

Dividends

calculated
2025

Distributed as dividends 135 000 € (97% of distributable profit).

History
2025135 000 €
202436 499 €
202344 187 €
20220 €
20210 €
2020 ~17 500 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue40 123123 815170 52410 863206 731
Net profit−27 58593 722103 997−65 04565 835
Retained earnings114 43286 847136 382203 8803835
Total assets101 686190 465247 463146 431200 445
Total liabilities12 339739645845096128 275
Total equity89 347183 069242 879141 33572 170
Employees21011
Average gross salary (monthly)868459—15141706
Calculated dividend0044 18736 499135 000

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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50%50%Herman Advise OÜ1Liina Meerits9+Mait Õunpuu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 8136 € (2020–2024). Largest grantors: Eesti Töötukassa (8136 €).

Show all aid records (2)
20244662 €
20203474 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4662 €07.02.2024
Eesti TöötukassaPalgatoetus VTA3474 €02.06.2020

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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