OÜ Luhvt

Registered
14662874Private limited company (OÜ)Founded 2019

Key figures

1 057 078 €+23,6%
Revenue 2025
+22,7%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Summary: OÜ Luhvt

What kind of company is it?

OÜ Luhvt (registry code 14662874) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Tartu linn, Tartu 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 EE102136005).

How is the company doing financially?

Revenue in financial year 2025 was 1 057 078 €, up 23,6% on the previous year (855 436 €). From 2019 to 2025, revenue grew by an average of 22,7% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 139 905 € (13,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 8 employees (7 a year earlier). Revenue per employee was 132 135 €. At the end of financial year 2025, total assets were 449 045 € and equity 254 819 € (56,7% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 189 614 €, down 40,5% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 30 944 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1810 € per month.

Who runs the company and who owns it?

The company has one management board member. 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 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 2026189 614 €1130 944 €
Q2 2026268 059 €1028 524 €
Q1 2026161 313 €1026 456 €
Q4 2025459 415 €926 815 €
Q3 2025318 635 €1024 079 €
Q2 2025103 935 €820 176 €
Q1 2025270 086 €921 297 €

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 15 000 € (12% of distributable profit).

History
202515 000 €
20240 €
20230 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue535 463759 228728 434855 4361 057 078
Net profit16 045311730 62365 666139 905
Retained earnings11 96328 00831 12561 748112 414
Total assets227 125292 626132 199264 645449 045
Total liabilities196 617259 00167 951134 731194 226
Total equity30 50833 62564 248129 914254 819
Employees87678
Average gross salary (monthly)11761302174117881951
Calculated dividend000015 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%OÜ Luhvt9+Edgar Toots2Kaarel Gross
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 4417 € (2025). Largest grantors: Eesti Töötukassa (4417 €).

Show all aid records (1)
20254417 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA4417 €14.07.2025

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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