Hiiu Elektritööd OÜ
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2025Summary: Hiiu Elektritööd OÜ
What kind of company is it?
Hiiu Elektritööd OÜ (registry code 16357787) 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: Paluküla, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is electrical installation works (EMTAK 43211). The company is registered for VAT (VAT number EE102443714).
How is the company doing financially?
Revenue in financial year 2025 was 73 860 €, up 8,4% on the previous year (68 160 €). From 2021/22 to 2025, revenue declined by an average of 17,2% per year. Financial year 2025 ended with a loss of 17 368 €. The company was profitable in 3 of the 4 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 73 860 €. At the end of financial year 2025, total assets were 29 247 € and equity 12 467 € (42,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 15 882 €, up 54,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1424 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1020 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
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 10.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 15 882 € | 1 | 1424 € |
| Q2 2026 | 27 817 € | 1 | 1103 € |
| Q1 2026 | 21 810 € | 1 | 1064 € |
| Q4 2025 | 18 773 € | 1 | 1085 € |
| Q3 2025 | 10 294 € | 1 | 1249 € |
| Q2 2025 | 38 498 € | 1 | 995 € |
| Q1 2025 | 18 082 € | 1 | 954 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2025
| 2021/22 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Sales revenue | 130 329 | 149 709 | 68 160 | 73 860 |
| Net profit | 17 030 | 7195 | 3111 | −17 368 |
| Retained earnings | — | 17 030 | 24 225 | 27 335 |
| Total assets | 28 101 | 48 279 | 51 431 | 29 247 |
| Total liabilities | 8571 | 21 554 | 21 595 | 16 780 |
| Total equity | 19 530 | 26 725 | 29 836 | 12 467 |
| Employees | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 690 | 1226 | 824 | 898 |
| Calculated dividend | — | 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 obligationsAll 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.
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