First Heritage OÜ

Registered
14611492Private limited company (OÜ)Founded 2018

Key figures

32 587 €−16,1%
Revenue 2025
+5,8%
Average annual growth 2018/19–2025
010 k20 k30 k40 k2018/19202020212022202320242025

Ratios

2025

Summary: First Heritage OÜ

What kind of company is it?

First Heritage OÜ (registry code 14611492) is a private limited company (OÜ). The company was entered in the Commercial Register in 2018 and has been registered for 7 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is manufacture of cutlery (EMTAK 25611).

How is the company doing financially?

Revenue in financial year 2025 was 32 587 €, down 16,1% on the previous year (38 831 €). From 2018/19 to 2025, revenue grew by an average of 5,8% per year. Net profit for financial year 2025 was 6946 € (21,3% 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 32 587 €. At the end of financial year 2025, total assets were 10 179 € and equity 9555 € (93,9% of assets).

What do the latest quarters show?

Based on labour taxes, the estimated average gross salary in Q3 2026 was about 960 € 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 16.01.2026. 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 2026—11313 €
Q2 2026—11036 €
Q1 2026—1981 €
Q4 2025—1913 €
Q3 2025—1996 €
Q2 2025—11254 €
Q1 2025—11244 €

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 12 690 € (99% of distributable profit).

History
dividend other equity decrease
202512 690 €
202413 547 €
20237350 €
20225648 €
20215962 €
20209101 €+2500 € other
Summary of financial statements2021–2025
20212022202320242025
Sales revenue25 99029 06538 92438 83132 587
Net profit5448735013 54612 8006946
Retained earnings20000−1109
Total assets862910 48616 62615 76710 179
Total liabilities481636580468624
Total equity8148985016 04615 2999555
Employees11111
Average gross salary (monthly)892870934982861
Calculated dividend59625648735013 54712 690

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.

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100%First Heritage OÜ1Andres Lagun
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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