Hordeum OÜ

Registered
14688492Private limited company (OÜ)Founded 2019

Key figures

8 254 902 €+26,9%
Revenue 2025
+21,1%
Average annual growth 2019–2025
02,5 m5 m7,5 m10 m2019202020212022202320242025

Ratios

2025

Summary: Hordeum OÜ

What kind of company is it?

Hordeum OÜ (registry code 14688492) 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 wholesale of grain, unprocessed tobacco, seeds and animal feed (EMTAK 46211). The company is registered for VAT (VAT number EE102168332).

How is the company doing financially?

Revenue in financial year 2025 was 8 254 902 €, up 26,9% on the previous year (6 503 560 €). From 2019 to 2025, revenue grew by an average of 21,1% per year. Financial year 2025 ended with a loss of 49 535 €. The company was profitable in 4 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 1 650 980 €. At the end of financial year 2025, total assets were 923 727 € and equity 127 051 € (13,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 3 714 009 €, up 81,6% on the same quarter a year earlier. The company had 7 employees in that quarter. Labour taxes paid in the quarter: 31 033 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2730 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (60%) is held by KALDA VARA OÜ.

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 09.06.2026. 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 20263 714 009 €731 033 €
Q2 20264 586 221 €728 618 €
Q1 20263 055 538 €720 479 €
Q4 20252 838 458 €521 276 €
Q3 20252 045 268 €521 276 €
Q2 20253 373 654 €521 276 €
Q1 20252 577 922 €520 210 €

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 revenue9 041 1189 430 6275 626 5426 503 5608 254 902
Net profit77 333122 039−41 571−82 611−49 535
Retained earnings98 646175 979298 018256 447173 836
Total assets813 245667 726667 694669 237923 727
Total liabilities634 516366 958408 497492 651796 676
Total equity178 729300 768259 197176 586127 051
Employees33355
Average gross salary (monthly)27172645193616592288
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 clear1 for information
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
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
300 000 €
A pledge over the company's movable assets, usually securing a loan.
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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60%30%10%Hordeum OÜKALDA VARA OÜLENNU OÜ9+Kristjan Oolo9+Kaspar Kokk1Peip Reedi
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 824 € (2020). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (824 €).

Show all aid records (1)
2020824 €
GrantorPurposeAmountDate
Põllumajanduse Registrite ja Informatsiooni AmetMuu824 €21.02.2020

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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