aktsiaselts HIIEKO

Active Registry code 10048539 AS Tallinn Registered 9 Jul 1996
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aktsiaselts HIIEKO is a AS based in Tallinn, registry code 10048539, status: active. Main activity: Plumbing, heat and air-conditioning installation. According to EMTA, turnover for Q3 2026 was €2 520 236 with 49 employees.

Turnover
2 520 236 €
↑ 56.6% vs Q2 2026
State taxes
380 778 €
↑ 25.9% vs Q2 2026
Labour taxes
252 850 €
↑ 55.2% vs Q2 2026
Employees
49
−2 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 2.5 mn €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 5 160 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 7.8 mn €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 5.7 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 520 236 € · +56.6% vs Q2 2026 · industry median 23 017 € · above 98% of the industry
01 0002 0003 000Q4 2023 Company: 1 531 987 € Industry median: 23 403 €Q4·23Q1 2024 Company: 1 360 926 € Industry median: 16 922 €Q2 2024 Company: 2 228 196 € Industry median: 18 660 €Q2·24Q3 2024 Company: 2 447 807 € Industry median: 21 547 €Q4 2024 Company: 2 157 798 € Industry median: 23 300 €Q4·24Q1 2025 Company: 1 672 748 € Industry median: 17 914 €Q2 2025 Company: 2 167 225 € Industry median: 20 215 €Q2·25Q3 2025 Company: 2 026 148 € Industry median: 22 700 €Q4 2025 Company: 1 964 383 € Industry median: 23 111 €Q4·25Q1 2026 Company: 2 773 876 € Industry median: 17 425 €Q2 2026 Company: 1 609 290 € Industry median: 20 462 €Q2·26Q3 2026 Company: 2 520 236 € Industry median: 23 017 €Q3·2601 0002 0003 000Q4 2024 Company: 2 157 798 € Industry median: 23 300 €Q1 2025 Company: 1 672 748 € Industry median: 17 914 €Q1·25Q2 2025 Company: 2 167 225 € Industry median: 20 215 €Q3 2025 Company: 2 026 148 € Industry median: 22 700 €Q3·25Q4 2025 Company: 1 964 383 € Industry median: 23 111 €Q1 2026 Company: 2 773 876 € Industry median: 17 425 €Q1·26Q2 2026 Company: 1 609 290 € Industry median: 20 462 €Q3 2026 Company: 2 520 236 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 160 € · +61.6% vs Q2 2026 · industry median 1 236 € · above 98% of the industry
02 0004 0006 000Q4 2023 Company: 4 486 € Industry median: 1 123 €Q4·23Q1 2024 Company: 3 483 € Industry median: 1 105 €Q2 2024 Company: 3 356 € Industry median: 1 083 €Q2·24Q3 2024 Company: 3 845 € Industry median: 1 141 €Q4 2024 Company: 2 427 € Industry median: 1 178 €Q4·24Q1 2025 Company: 5 643 € Industry median: 1 177 €Q2 2025 Company: 4 655 € Industry median: 1 194 €Q2·25Q3 2025 Company: 3 013 € Industry median: 1 250 €Q4 2025 Company: 5 672 € Industry median: 1 270 €Q4·25Q1 2026 Company: 4 619 € Industry median: 1 202 €Q2 2026 Company: 3 194 € Industry median: 1 197 €Q2·26Q3 2026 Company: 5 160 € Industry median: 1 236 €Q3·2602 0004 0006 000Q4 2024 Company: 2 427 € Industry median: 1 178 €Q1 2025 Company: 5 643 € Industry median: 1 177 €Q1·25Q2 2025 Company: 4 655 € Industry median: 1 194 €Q3 2025 Company: 3 013 € Industry median: 1 250 €Q3·25Q4 2025 Company: 5 672 € Industry median: 1 270 €Q1 2026 Company: 4 619 € Industry median: 1 202 €Q1·26Q2 2026 Company: 3 194 € Industry median: 1 197 €Q3 2026 Company: 5 160 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 49 · −3.9% vs Q2 2026
0204060Q4 2023 Company: 36Q4·23Q1 2024 Company: 43Q2 2024 Company: 50Q2·24Q3 2024 Company: 48Q4 2024 Company: 46Q4·24Q1 2025 Company: 41Q2 2025 Company: 45Q2·25Q3 2025 Company: 48Q4 2025 Company: 45Q4·25Q1 2026 Company: 48Q2 2026 Company: 51Q2·26Q3 2026 Company: 49Q3·260204060Q4 2024 Company: 46Q1 2025 Company: 41Q1·25Q2 2025 Company: 45Q3 2025 Company: 48Q3·25Q4 2025 Company: 45Q1 2026 Company: 48Q1·26Q2 2026 Company: 51Q3 2026 Company: 49Q3·26
State taxes, € thousand Q3 2026: 380 778 € · +25.9% vs Q2 2026
0100200300400Q4 2023 Company: 263 913 €Q4·23Q1 2024 Company: 216 707 €Q2 2024 Company: 328 467 €Q2·24Q3 2024 Company: 368 148 €Q4 2024 Company: 142 494 €Q4·24Q1 2025 Company: 331 280 €Q2 2025 Company: 352 293 €Q2·25Q3 2025 Company: 183 868 €Q4 2025 Company: 272 344 €Q4·25Q1 2026 Company: 389 949 €Q2 2026 Company: 302 495 €Q2·26Q3 2026 Company: 380 778 €Q3·260100200300400Q4 2024 Company: 142 494 €Q1 2025 Company: 331 280 €Q1·25Q2 2025 Company: 352 293 €Q3 2025 Company: 183 868 €Q3·25Q4 2025 Company: 272 344 €Q1 2026 Company: 389 949 €Q1·26Q2 2026 Company: 302 495 €Q3 2026 Company: 380 778 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 520 236 380 778 252 850 49
Q2 2026 1 609 290 302 495 162 887 51
Q1 2026 2 773 876 389 949 221 702 48
Q4 2025 1 964 383 272 344 255 237 45
Q3 2025 2 026 148 183 868 144 607 48
Q2 2025 2 167 225 352 293 209 475 45
Q1 2025 1 672 748 331 280 231 363 41
Q4 2024 2 157 798 142 494 111 660 46
Q3 2024 2 447 807 368 148 184 552 48
Q2 2024 2 228 196 328 467 167 787 50
Q1 2024 1 360 926 216 707 149 775 43
Q4 2023 1 531 987 263 913 161 504 36
Q3 2023 1 777 810 269 782 147 983 33
Q2 2023 2 010 653 354 014 222 947 33
Q1 2023 1 508 723 105 462 86 065 37
Q4 2022 2 213 482 233 406 169 369 37
Q3 2022 2 033 905 174 592 167 864 39
Q2 2022 3 003 737 422 574 152 298 41
Q1 2022 1 704 116 175 888 156 631 44
Labour taxes per employee per month
1 720 €
Turnover per employee in the quarter
51 433 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 7 756 284 € · −2.0% vs 2024 · industry median 37 328 € · above 98% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 7 546 524 € Industry median: 37 051 €20192020 Company: 8 160 993 € Industry median: 33 953 €20202021 Company: 7 768 912 € Industry median: 35 073 €20212022 Company: 9 280 686 € Industry median: 37 940 €20222023 Company: 6 599 272 € Industry median: 35 936 €20232024 Company: 7 913 653 € Industry median: 35 372 €20242025 Company: 7 756 284 € Industry median: 37 328 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 7 546 524 € Industry median: 37 051 €20192020 Company: 8 160 993 € Industry median: 33 953 €2021 Company: 7 768 912 € Industry median: 35 073 €20212022 Company: 9 280 686 € Industry median: 37 940 €2023 Company: 6 599 272 € Industry median: 35 936 €20232024 Company: 7 913 653 € Industry median: 35 372 €2025 Company: 7 756 284 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 440 807 € · +1 577.0% vs 2024 · industry median 561 € · above 98% of the industry
-600-400-20002004006002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -401 189 € Industry median: 1 030 €20192020 Company: 209 728 € Industry median: 507 €20202021 Company: -297 467 € Industry median: 785 €20212022 Company: 115 721 € Industry median: 823 €20222023 Company: 476 168 € Industry median: 581 €20232024 Company: 26 286 € Industry median: 432 €20242025 Company: 440 807 € Industry median: 561 €2025-600-400-20002004006002018 Company: — Industry median: —2019 Company: -401 189 € Industry median: 1 030 €20192020 Company: 209 728 € Industry median: 507 €2021 Company: -297 467 € Industry median: 785 €20212022 Company: 115 721 € Industry median: 823 €2023 Company: 476 168 € Industry median: 581 €20232024 Company: 26 286 € Industry median: 432 €2025 Company: 440 807 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 5.7 % · +5.4 pp vs the year before · industry median 3.9 % · above 55% of the industry
-10-505102016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -5.3 % Industry median: 5.3 %20192020 Company: 2.6 % Industry median: 4.1 %20202021 Company: -3.8 % Industry median: 4.7 %20212022 Company: 1.2 % Industry median: 4.8 %20222023 Company: 7.2 % Industry median: 4.4 %20232024 Company: 0.3 % Industry median: 3.4 %20242025 Company: 5.7 % Industry median: 3.9 %2025-10-505102018 Company: — Industry median: —2019 Company: -5.3 % Industry median: 5.3 %20192020 Company: 2.6 % Industry median: 4.1 %2021 Company: -3.8 % Industry median: 4.7 %20212022 Company: 1.2 % Industry median: 4.8 %2023 Company: 7.2 % Industry median: 4.4 %20232024 Company: 0.3 % Industry median: 3.4 %2025 Company: 5.7 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 4 213 329 € · +18.8% vs 2024
01 0002 0003 0004 0005 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 870 110 €20192020 Company: 2 630 440 €20202021 Company: 2 631 358 €20212022 Company: 3 107 977 €20222023 Company: 2 808 373 €20232024 Company: 3 546 952 €20242025 Company: 4 213 329 €202501 0002 0003 0004 0005 0002018 Company: —2019 Company: 1 870 110 €20192020 Company: 2 630 440 €2021 Company: 2 631 358 €20212022 Company: 3 107 977 €2023 Company: 2 808 373 €20232024 Company: 3 546 952 €2025 Company: 4 213 329 €2025
Equity, € thousand 2025: 1 446 619 € · +43.8% vs 2024
05001 0001 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 393 315 €20192020 Company: 603 043 €20202021 Company: 337 637 €20212022 Company: 453 358 €20222023 Company: 929 526 €20232024 Company: 1 005 812 €20242025 Company: 1 446 619 €202505001 0001 5002018 Company: —2019 Company: 393 315 €20192020 Company: 603 043 €2021 Company: 337 637 €20212022 Company: 453 358 €2023 Company: 929 526 €20232024 Company: 1 005 812 €2025 Company: 1 446 619 €2025
Employees 2025: 47 · +2.2% vs 2024 · industry median 1 · above 98% of the industry
010203040502016 Company: 27 Industry median: —20162017 Company: 30 Industry median: —20172018 Company: 35 Industry median: 220182019 Company: 37 Industry median: 220192020 Company: 0 Industry median: 220202021 Company: 42 Industry median: 220212022 Company: 38 Industry median: 220222023 Company: 33 Industry median: 120232024 Company: 46 Industry median: 120242025 Company: 47 Industry median: 12025010203040502018 Company: 35 Industry median: 22019 Company: 37 Industry median: 220192020 Company: 0 Industry median: 22021 Company: 42 Industry median: 220212022 Company: 38 Industry median: 22023 Company: 33 Industry median: 120232024 Company: 46 Industry median: 12025 Company: 47 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 7 756 284 440 807 1 923 097 4 213 329 1 446 619 47
2024 7 913 653 26 286 1 721 694 3 546 952 1 005 812 46
2023 6 599 272 476 168 1 494 867 2 808 373 929 526 33
2022 9 280 686 115 721 1 624 555 3 107 977 453 358 38
2021 7 768 912 -297 467 1 278 127 2 631 358 337 637 42
2020 8 160 993 209 728 1 035 775 2 630 440 603 043 0
2019 7 546 524 -401 189 1 052 450 1 870 110 393 315 37
2018 — — — — — 35
2017 — — — — — 30
2016 — — — — — 27
2015 — — — — — 28
2014 — — — — — 0
2013 — — — — — 25
2012 — — — — — 0
2011 — — — — — 60
2008 — — — — — 99
2003 — — — — — 90
2001 — — — — — 70
2000 — — — — — 70
1999 — — — — — 70
1997 — — — — — 115

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
5.7 %
Net profit / revenue
Return on equity (ROE)
30.5 %
Net profit / equity
Return on assets (ROA)
10.5 %
Net profit / assets
Equity ratio
34.3 %
Equity / assets
Debt ratio
65.7 %
Liabilities / assets
Current ratio
1.01
Current assets / current liabilities
Revenue per employee
165 027 €
Revenue / average full-time employees
Labour cost per employee per month
3 410 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 1 Jul 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 26 Jul 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 1 Feb 2021 Consolidated · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Jan 2021 Consolidated · audited e-Äriregister

Commercial pledges

No. Amount Pledgee Period
5 345 000 € Coop Pank AS 12 Dec 2017 – in force
4 3 000 000 EEK Coop Pank AS 2 Jan 1998 – in force
3 6 500 000 EEK Coop Pank AS 31 Dec 1997 – in force
2 600 000 EEK Coop Pank AS 31 Dec 1997 – in force
1 1 790 000 EEK Coop Pank AS 30 Dec 1997 – in force

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 28 Sep 2017
  • Hendrik Pass
    Board member · since 5 Aug 2020
  • Mehis Maltsar
    Board member · since 15 Jun 2026
  • Jargo Varik
    Board member · since 6 Aug 2026

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Owner in

Beneficial owners

  • Rain Kalamees
    Member of a senior management body (management or supervisory board) · since 3 Jan 2024

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 4322Plumbing, heat and air-conditioning installation Main
  • 33121Repair and maintenance of machinery
Rulings
Number, date Title Deadline State Document
Ä 10003079 / 34
6 Aug 2026
Amendment entry In force
6 Aug 2026
PDF
Ä 10003079 / 33
15 Jun 2026
Amendment entry In force
15 Jun 2026
PDF
Ä 10003079 / M11
28 May 2026
Ruling to eliminate deficiencies 12 Jun 2026 In force
13 Jun 2026
PDF
Ä 10003079 / M10
22 May 2026
Ruling to eliminate deficiencies 6 Jun 2026 In force
9 Jun 2026
PDF
Ä 10003079 / 32
28 May 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
28 May 2025
PDF
Ä 10003079 / 31
10 Oct 2024
Amendment entry In force
10 Oct 2024
PDF
Ä 10003079 / 30
5 Oct 2021
Amendment entry In force
5 Oct 2021
PDF
Ä 10003079 / M9
23 Sep 2021
Ruling to eliminate deficiencies 23 Oct 2021 Deficiencies eliminated
5 Oct 2021
PDF
Ä 10003079 / 29
5 Aug 2020
Amendment entry In force
5 Aug 2020
PDF
K 10003079 / 28
22 Jul 2020
Commercial pledge amended In force
22 Jul 2020
PDF
Ä 10003079 / 27
18 Apr 2018
Amendment entry In force
18 Apr 2018
PDF
Ä 10003079 / M8
28 Mar 2018
Ruling to eliminate deficiencies 17 Apr 2018 Deficiencies eliminated
18 Apr 2018
PDF
Ä 10003079 / 26
5 Feb 2018
Amendment entry In force
5 Feb 2018
PDF
Ä 10003079 / 25
16 Jan 2018
Amendment entry In force
16 Jan 2018
PDF
K 10003079 / 24
12 Dec 2017
Commercial pledge amended In force
12 Dec 2017
PDF
K 10003079 / 23
12 Dec 2017
Commercial pledge amended In force
12 Dec 2017
PDF
K 10003079 / 22
12 Dec 2017
Commercial pledge amended In force
12 Dec 2017
PDF
K 10003079 / 21
12 Dec 2017
Commercial pledge amended In force
12 Dec 2017
PDF
K 10003079 / 20
12 Dec 2017
Commercial pledge entered In force
12 Dec 2017
PDF
Ä 10003079 / 19
7 Nov 2017
Amendment entry In force
7 Nov 2017
PDF
Ä 10003079 / 18
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10003079 / 17
8 Aug 2017
Amendment entry In force
8 Aug 2017
PDF
Ä 10003079 / 16
14 Sep 2016
Amendment entry In force
14 Sep 2016
PDF
Ä 10003079 / 15
2 Jul 2014
Amendment entry In force
2 Jul 2014
PDF
Ä 10003079 / M7
19 Jun 2014
Ruling to eliminate deficiencies 9 Jul 2014 Deficiencies eliminated
1 Jul 2014
PDF
Ä 10003079 / 14
20 Dec 2012
Amendment entry In force
20 Dec 2012
PDF
Ä 10003079 / M6
11 Dec 2012
Ruling to eliminate deficiencies 21 Dec 2012 In force
11 Dec 2012
PDF
Ä 10003079 / M5
22 Nov 2012
Ruling to eliminate deficiencies 10 Dec 2012 In force
22 Nov 2012
PDF
Ä 10003079 / M4
17 Sep 2012
Ruling to eliminate deficiencies 10 Nov 2012 In force
17 Sep 2012
PDF
Ä 10003079 / 13
28 Jun 2012
Amendment entry In force
28 Jun 2012
PDF
Ä 10003079 / M3
19 Jun 2012
Ruling to eliminate deficiencies 31 Aug 2012 In force
19 Jun 2012
PDF
Ä 10003079 / 12
24 May 2011
Amendment entry In force
24 May 2011
PDF
Ä 10003079 / M2
4 May 2011
Ruling to eliminate deficiencies 7 Jun 2011 In force
4 May 2011
PDF
Ä 3079 / 11
3 Dec 2008
Deletion of activities from the registry card In force
17 Dec 2008
PDF
Ä 3079 / 10
23 Nov 2007
Amendment entry In force
23 Nov 2007
PDF
Ä 3079 / 9
21 Dec 2006
Division entry (second, constitutive) In force
21 Dec 2006
PDF
Ä 3079 / M1
23 Oct 2006
Ruling to eliminate deficiencies (to be served) In force
26 Oct 2006
PDF
Ä 3079 / 8
3 Jan 2006
Amendment entry Confirmed
3 Jan 2006
PDF
Ä 3079 / 7
15 Jun 2005
Amendment entry In force PDF
Ä 3079 / 6
12 Jun 2003
Entry decision on the register’s own initiative In force PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data