Hevi Engineering OÜRegistered

16131980Private limited company (OÜ)Founded 2021
Qualified audit opinion. 2024 report: Qualified.

Key figures

2 449 082 €−25,4%
Revenue 2025
+55,8%
Average annual growth 2021–2025
01 m2 m3 m4 m20212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
01 m2 m20212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20261 491 096 €220 303 €
Q2 20261 637 677 €117 130 €
Q1 2026934 457 €117 099 €
Q4 2025775 709 €—13 086 €
Q3 2025632 587 €—18 777 €
Q2 2025657 957 €117 882 €
Q1 20251 178 585 €113 404 €

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 225 000 € (22% of distributable profit).

History
2025225 000 €
2024555 790 €
2023 ~37 448 €
202212 000 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2021–2025
20212022202320242025
Balance sheet — assets
Total current assets43 664401 897635 478817 965490 618
Total non-current assets110 393313 627560 7731 055 2841 475 154
Total assets154 057715 5241 196 2511 873 2491 965 772
Balance sheet — liabilities and equity
Current liabilities35 676172 937372 839270 589234 052
Non-current liabilities38 872133 228132 729578 939197 832
Total liabilities74 548306 165505 568849 528431 884
Share capital25002500250025002500
Retained earnings of previous periods—65 009369 411132 393796 221
Profit for the year77 009341 850318 772888 828735 167
Total equity79 509409 359690 6831 023 7211 533 888
Income statement
Sales revenue416 1341 358 7381 927 6323 285 0352 449 082
Operating profit78 366348 122332 525673 861817 283
EBITDA89 734382 335410 762889 4751 179 152
Profit before income tax77 009344 850320 433948 245798 629
Profit for the reporting year77 009341 850318 772888 828735 167
Labour costs17 74389 358115 40082 642153 072
Depreciation of non-current assets11 36834 21378 237215 614361 869
Other indicators
Employees33224
Calculated dividend—12 00037 448555 790225 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 obligations1 note5 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)
Annual report filing
3/3 filed
Filed late: 2023, 2024, 2025
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Hevi Engineering OÜ2Kristjan Tiimus2Lauri Valdmann1Mart SegerHevi Optronics OÜ
CompanyPersonShareholderOther roleAdditional link

Summary: Hevi Engineering OÜ

Overview

Hevi Engineering OÜ (registry code 16131980) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Vääna küla, Harku vald, Harju maakond. According to the latest annual report, the main activity is machining of metal (EMTAK 25531). The company is registered for VAT (VAT number EE102327937).

Financial results

Revenue in financial year 2025 was 2 449 082 €, down 25,4% on the previous year (3 285 035 €). From 2021 to 2025, revenue grew by an average of 55,8% per year. Net profit for financial year 2025 was 735 167 € (30,0% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 4 employees (2 a year earlier). Revenue per employee was 612 271 €. At the end of financial year 2025, total assets were 1 965 772 € and equity 1 533 888 € (78,0% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 1 491 096 €, up 136% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 20 303 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5980 € per month.

Management and owners

The management board has 3 members. The sole owner of the company is Hevi Optronics OÜ.

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 2025) was filed on 17.08.2026. 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.

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