HgIT Solutions OÜ
RegisteredKey figures
Ratios
2024Summary: HgIT Solutions OÜ
What kind of company is it?
HgIT Solutions OÜ (registry code 16247211) 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: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other software publishing (EMTAK 58291). The company is registered for VAT (VAT number EE102388280).
How is the company doing financially?
Revenue in financial year 2024 was 222 355 €, down 42,2% on the previous year (384 706 €). From 2021 to 2024, revenue declined by an average of 37,2% per year. This is the company's lowest revenue among the published years (2021–2024). Financial year 2024 ended with a loss of 370 399 €. The company was profitable in 2 of the 4 published financial years. In financial year 2024 the company had 1 employees. Revenue per employee was 222 355 €. At the end of financial year 2024, total assets were 2 216 293 € and equity 169 999 € (7,7% of assets). Based on labour costs in the report, the estimated average gross salary was about 510 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 2 550 695 €, down 14,2% on the same quarter a year earlier. Labour taxes paid in the quarter: 2676 €.
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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 27.06.2025. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 2 550 695 € | — | 2676 € |
| Q2 2026 | 5 071 689 € | — | 1784 € |
| Q1 2026 | 2 908 237 € | — | 3568 € |
| Q4 2025 | 3 315 679 € | — | 2676 € |
| Q3 2025 | 2 974 299 € | — | 4325 € |
| Q2 2025 | 5 499 386 € | 1 | 3568 € |
| Q1 2025 | 3 381 303 € | 1 | 3428 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Sales revenue | 897 688 | 1 566 023 | 384 706 | 222 355 |
| Net profit | −455 056 | 1 570 567 | 114 747 | −370 399 |
| Retained earnings | — | −455 056 | 425 651 | 540 398 |
| Total assets | 526 643 | 1 972 952 | 2 018 952 | 2 216 293 |
| Total liabilities | 981 699 | 857 441 | 1 478 554 | 2 046 294 |
| Total equity | −455 056 | 1 115 511 | 540 398 | 169 999 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | 466 | 519 | 508 |
| Calculated dividend | — | — | 689 860 | 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 issue5 clear
Data from public registers, not a credit rating.
Connections graph
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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