Hermes KV OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 123 070 € | 1 | 1052 € |
| Q2 2026 | 132 648 € | 1 | 1052 € |
| Q1 2026 | 127 322 € | 1 | 1052 € |
| Q4 2025 | 115 190 € | 1 | 1052 € |
| Q3 2025 | 116 913 € | 1 | 1052 € |
| Q2 2025 | 122 566 € | 1 | 1052 € |
| Q1 2025 | 132 616 € | 1 | 682 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 46 618 | 114 060 | 29 470 | 11 009 | 11 806 |
| Total non-current assets | 1 069 000 | 2 981 701 | 5 270 364 | 5 270 364 | 5 270 364 |
| Total assets | 1 115 618 | 3 095 761 | 5 299 834 | 5 281 373 | 5 282 170 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 488 368 | 741 343 | 827 303 | 808 517 | 720 548 |
| Non-current liabilities | 267 500 | 1 993 215 | 3 988 433 | 4 019 902 | 3 955 429 |
| Total liabilities | 755 868 | 2 734 558 | 4 815 736 | 4 828 419 | 4 675 977 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 357 250 | 358 704 | 481 598 | 450 454 |
| Profit for the year | 357 250 | 1453 | 122 894 | −31 144 | 153 239 |
| Total equity | 359 750 | 361 203 | 484 098 | 452 954 | 606 193 |
| Income statement | |||||
| Sales revenue | 0 | 3778 | 197 275 | 403 456 | 489 567 |
| Operating profit | 371 273 | 1452 | 122 857 | 293 146 | 375 005 |
| Profit before income tax | 357 250 | 1453 | 122 894 | −31 144 | 153 239 |
| Profit for the reporting year | 357 250 | 1453 | 122 894 | −31 144 | 153 239 |
| Labour costs | — | — | — | 2343 | 9609 |
| Depreciation of non-current assets | — | — | — | — | — |
| Other indicators | |||||
| Employees | 0 | 0 | 0 | 1 | 1 |
| 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 note5 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: Hermes KV OÜ
Overview
Hermes KV OÜ (registry code 16188307) 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: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE102351974).
Financial results
Revenue in financial year 2025 was 489 567 €, up 21,3% on the previous year (403 456 €). This is the company's highest revenue among the published years (2021–2025). Net profit for financial year 2025 was 153 239 € (31,3% of revenue). The company was profitable in 4 of the 5 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 489 567 €. At the end of financial year 2025, total assets were 5 282 170 € and equity 606 193 € (11,5% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 123 070 €, up 5,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1052 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 810 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is Mercur KV 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 20.05.2026. 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.