HARTVAPE OÜRegistered
Key figures
Ratios
2024Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | — | — |
| Q2 2026 | 47 250 € | — | 0 € |
| Q1 2026 | 17 550 € | — | 0 € |
| Q4 2025 | 140 476 € | — | 0 € |
| Q3 2025 | 11 700 € | — | 0 € |
| Q2 2025 | 751 628 € | — | 0 € |
| Q1 2025 | 43 120 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 47 906 | 138 156 | 475 690 | 799 451 | 699 718 |
| Total non-current assets | 0 | 0 | 0 | 0 | 0 |
| Total assets | 47 906 | 138 156 | 475 690 | 799 451 | 699 718 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 43 210 | 33 508 | 66 684 | 244 044 | 21 254 |
| Non-current liabilities | 0 | 0 | 127 431 | 54 931 | 69 186 |
| Total liabilities | 43 210 | 33 508 | 194 115 | 298 975 | 90 440 |
| Share capital | 2500 | 2500 | 5000 | 5000 | 5000 |
| Retained earnings of previous periods | — | 2196 | 102 148 | 276 575 | 495 476 |
| Profit for the year | 2196 | 99 952 | 174 427 | 218 901 | 108 802 |
| Total equity | 4696 | 104 648 | 281 575 | 500 476 | 609 278 |
| Income statement | |||||
| Sales revenue | 55 663 | 126 384 | 1 318 770 | 2 012 915 | 1 892 181 |
| Operating profit | 2196 | 99 952 | 190 891 | 227 852 | 115 770 |
| EBITDA | 2196 | — | — | — | — |
| Profit before income tax | 2196 | 99 952 | 174 427 | 218 901 | 108 802 |
| Profit for the reporting year | 2196 | 99 952 | 174 427 | 218 901 | 108 802 |
| Labour costs | 0 | 0 | 0 | 0 | 0 |
| Depreciation of non-current assets | 0 | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 0 | 0 | 0 |
| Calculated dividend | — | 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 obligations1 issue4 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.
Summary: HARTVAPE OÜ
Overview
HARTVAPE OÜ (registry code 14973746) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale trade (EMTAK 46901). The company is registered for VAT (VAT number EE102256930).
Financial results
Revenue in financial year 2025 was 958 624 €, down 49,3% on the previous year (1 892 181 €). From 2020 to 2025, revenue grew by an average of 76,7% per year. Net profit for financial year 2024 was 108 802 € (5,8% of revenue). The company was profitable in all 5 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2024, total assets were 699 718 € and equity 609 278 € (87,1% of assets).
Latest quarterly figures
According to the Tax and Customs Board, the company declared no turnover in Q3 2026.
Management and owners
The management board has 3 members. According to the register, the company has 2 owners. The largest stake (50%) is held by Royal Assets Limited.
Points to note
The annual report for financial year 2025 has not been filed on time.
Data sources and freshness
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 2024) was filed on 01.07.2025. 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.