AS Hekotek

Active Registry code 10112941 AS Lehmja küla Registered 6 Jan 1997

AS Hekotek is a AS based in Lehmja küla, registry code 10112941, status: active. Main activity: Manufacture of other machine tools. According to EMTA, turnover for Q3 2026 was €11 646 453 with 122 employees.

Turnover

11 646 453 €

↑ 271.3% vs Q2 2026

State taxes

596 981 €

↓ 17.8% vs Q2 2026

Labour taxes

611 896 €

↓ 2.9% vs Q2 2026

Employees

122

−2 vs Q2 2026

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

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Turnover · Q3 2026 11.6 mn €

above 98% of companies

industry median 130 544 € · companies in the industry: 217
Labour taxes per employee 5 016 €

above 80% of companies

industry median 3 287 € · companies in the industry: 159
Revenue · 2025 30.4 mn €

above 98% of companies

industry median 111 300 € · companies in the industry: 279
Net profit margin · 2025 -14.8 %

above 19% of companies

industry median 3.0 % · companies in the industry: 216

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 11 646 453 € · +271.3% vs Q2 2026 · industry median 130 544 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 5 016 € · −1.3% vs Q2 2026 · industry median 3 287 € · above 80% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 122 · −1.6% vs Q2 2026

State taxes, € thousand Q3 2026: 596 981 € · −17.8% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	11 646 453	596 981	611 896	122
Q2 2026	3 136 982	726 352	630 288	124
Q1 2026	3 573 858	630 249	650 065	129
Q4 2025	4 879 471	641 890	633 651	128
Q3 2025	6 022 762	904 384	768 103	122
Q2 2025	6 891 498	802 598	625 786	131
Q1 2025	4 857 010	1 021 974	798 786	131
Q4 2024	10 387 061	805 974	604 181	129
Q3 2024	18 129 914	638 357	583 009	130
Q2 2024	3 536 062	218 489	745 754	131
Q1 2024	12 884 902	702 383	719 943	131
Q4 2023	8 078 590	563 602	568 920	129
Q3 2023	16 958 844	597 821	615 176	128
Q2 2023	3 599 783	1 017 100	1 070 751	148
Q1 2023	6 031 757	1 028 704	1 075 919	150
Q4 2022	13 256 420	520 643	524 615	131
Q3 2022	24 173 391	511 361	522 670	127
Q2 2022	12 540 245	2 334 577	745 040	131
Q1 2022	9 958 951	681 673	701 999	136

Labour taxes per employee per month

1 672 €

Turnover per employee in the quarter

95 463 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 30 362 960 € · −5.2% vs 2024 · industry median 111 300 € · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -4 498 158 € · −464.5% vs 2024 · industry median 685 € · above 2% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -14.8 % · −18.7 pp vs the year before · industry median 3.0 % · above 19% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 27 413 194 € · −3.2% vs 2024

Equity, € thousand 2025: 1 939 820 € · −69.9% vs 2024

Employees 2025: 115 · −3.4% vs 2024 · industry median 8 · above 98% of the industry

Company
Industry median

Industry: Manufacture of machinery and equipment n.e.c. (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	30 362 960	-4 498 158	5 638 327	27 413 194	1 939 820	115
2024	32 042 293	1 234 073	6 029 151	28 306 499	6 437 977	119
2023	36 279 327	2 414 555	5 950 128	32 416 067	6 279 173	120
2022	25 924 276	—	—	35 790 619	—	124
2021	37 511 744	2 929 906	5 131 006	54 530 123	10 477 529	118
2020	42 728 423	4 181 691	6 005 328	15 974 496	9 547 623	115
2019	51 862 529	821 345	4 751 360	24 108 623	6 565 932	115
2018	—	—	—	—	—	117
2017	—	—	—	—	—	111
2016	—	—	—	—	—	112
2015	—	—	—	—	—	114
2014	—	—	—	—	—	91
2013	—	—	—	—	—	79
2012	—	—	—	—	—	76
2010	—	—	—	—	—	78
2008	—	—	—	—	—	0
2006	—	—	—	—	—	91
2005	—	—	—	—	—	90
2004	—	—	—	—	—	84
2003	—	—	—	—	—	62
2002	—	—	—	—	—	48
2001	—	—	—	—	—	42
2000	—	—	—	—	—	39
1999	—	—	—	—	—	35
1997	—	—	—	—	—	25

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

-14.8 %

Net profit / revenue

Return on equity (ROE)

-231.9 %

Net profit / equity

Return on assets (ROA)

-16.4 %

Net profit / assets

Equity ratio

7.1 %

Equity / assets

Debt ratio

92.9 %

Liabilities / assets

Current ratio

0.95

Current assets / current liabilities

Revenue per employee

264 026 €

Revenue / average full-time employees

Labour cost per employee per month

4 086 €

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	30 Jun 2026	Consolidated · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	9 Jul 2025	Consolidated · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 May 2024	Consolidated · audited	e-Äriregister
2022	1 Jun 2022 – 31 Dec 2022	11 Jul 2023	Consolidated · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	19 Aug 2022	Consolidated · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	18 May 2021	Consolidated · audited	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	17 Jun 2020	Consolidated · audited	e-Äriregister

Commercial pledges

No.	Amount	Pledgee	Period
5	13 000 000 €	AS LHV Pank	25 Apr 2023 – in force
4	6 500 000 €	AS LHV Pank	25 Jul 2022 – in force

Board

Nasdaq CSD SE
Keeper of the share ledger · since 28 Sep 2017
Tõnis Haldna
Board member · since 6 Jul 2022
Margo Muzakko
Board member · since 25 Jun 2024
Jürgen Põldma
Board member · since 3 Dec 2025

Right of representation

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

Owners

No owner information.

Owner in

Osaühing SBA Service
100%

Beneficial owners

Jürgen Põldma
Member of a senior management body (management or supervisory board) · since 30 Jun 2026
Margo Muzakko
Member of a senior management body (management or supervisory board) · since 5 Jan 2022
Priit Saaremägi
Member of a senior management body (management or supervisory board) · since 5 Jan 2022
Avo Raigla
Member of a senior management body (management or supervisory board) · since 20 Sep 2018
Heiki Einpaul
Member of a senior management body (management or supervisory board) · since 20 Sep 2018
Tõnis Haldna
Member of a senior management body (management or supervisory board) · since 20 Sep 2018

Founders and other persons

Aktsiaselts PricewaterhouseCoopers
Audit firm · 28 Oct 2010
Aktsiaselts PricewaterhouseCoopers
Audit firm · 15 Jun 2011
Heiki Einpaul
Chairman of the supervisory board · 1 Jun 2024
Priit Saaremägi
Supervisory board member · 16 Dec 2021
Avo Raigla
Supervisory board member · 13 Feb 2023
Omanikukonto: Avo Raigla
Shareholder · 12 564 € · 19 Jan 2026
Omanikukonto: Heiki Einpaul
Shareholder · 37 698 € · 19 Jan 2026

shared board members, owners or beneficial owners

Activities (EMTAK)

28421Manufacture of other machine tools Main

Rulings 39

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10007920 / 23 3 Dec 2025	Amendment entry		In force 3 Dec 2025	PDF
Ä 10007920 / M12 7 Jul 2025	Warning of a fine: annual report not filed	6 Aug 2025	Deficiencies eliminated 10 Jul 2025	PDF
Ä 10007920 / 22 2 Jun 2025	Amendment entry		In force 2 Jun 2025	PDF
Ä 10007920 / 21 25 Jun 2024	Amendment entry		In force 25 Jun 2024	PDF
Ä 10007920 / M11 20 Jun 2024	Ruling to eliminate deficiencies	20 Jul 2024	Deficiencies eliminated 25 Jun 2024	PDF
K 10007920 / 20 25 Apr 2023	Commercial pledge entered		In force 25 Apr 2023	PDF
Ä 10007920 / 19 3 Apr 2023	Amendment entry		In force 3 Apr 2023	PDF
Ä 10007920 / M10 28 Mar 2023	Ruling to eliminate deficiencies		Deficiencies eliminated 3 Apr 2023	PDF
Ä 10007920 / 18 23 Aug 2022	Second (constitutive) merger entry		In force 23 Aug 2022	PDF
K 10007920 / 17 25 Jul 2022	Commercial pledge entered		In force 25 Jul 2022	PDF
K 10007920 / M9 11 Jul 2022	Ruling to eliminate deficiencies	26 Jul 2022	Deficiencies eliminated 25 Jul 2022	PDF
Ä 10007920 / 16 6 Jul 2022	Amendment entry		In force 6 Jul 2022	PDF
Ä 10007920 / 15 17 May 2022	Amendment entry		In force 17 May 2022	PDF
Ä 10007920 / M8 16 Dec 2021	Procedural ruling	31 Dec 2021	Deficiencies eliminated 17 Dec 2021	PDF
Ä 10007920 / M7 14 Oct 2019	Ruling to eliminate deficiencies	3 Nov 2019	Deficiencies eliminated 18 Oct 2019	PDF
Ä 10007920 / M6 26 Jul 2018	Ruling to correct data outside an entry	15 Aug 2018	Deficiencies eliminated 21 Aug 2018	PDF
Ä 10007920 / 14 24 Apr 2018	Amendment entry		In force 24 Apr 2018	PDF
Ä 10007920 / 13 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10007920 / 12 28 Sep 2017	Amendment entry		In force 28 Sep 2017	PDF
Ä 10007920 / M5 14 Sep 2015	Ruling to correct data outside an entry	14 Oct 2015	Deficiencies eliminated 28 Sep 2015	PDF
Ä 10007920 / 11 30 Oct 2014	Amendment entry		In force 30 Oct 2014	PDF
Ä 10007920 / 10 1 Nov 2011	Amendment entry		In force 1 Nov 2011	PDF
Ä 10007920 / M4 11 Oct 2011	Ruling to eliminate deficiencies	11 Nov 2011	In force 11 Oct 2011	PDF
K 10023838 / 9 7 Jul 2010	Commercial pledge deleted		In force 7 Jul 2010	PDF
K 10023838 / 8 7 Jul 2010	Commercial pledge deleted		In force 7 Jul 2010	PDF
K 10023838 / 7 7 Jul 2010	Commercial pledge deleted		In force 7 Jul 2010	PDF
K 10023838 / M1 5 Jul 2010	Ruling to eliminate deficiencies	20 Aug 2010	In force 5 Jul 2010	PDF
Ä 7920 / 9 3 Dec 2008	Deletion of activities from the registry card		In force 12 Dec 2008	PDF
Ä 7920 / M3 3 Sep 2007	Ruling to be served		In force 4 Sep 2007	PDF
Ä 7920 / 8 3 Sep 2007	Amendment entry		In force 4 Sep 2007	PDF
Ä 7920 / 7 31 Aug 2007	Amendment entry		In force 31 Aug 2007	PDF
K 23838 / 6 5 Jul 2007	Commercial pledge entered		In force 5 Jul 2007	PDF
Ä 7920 / 6 15 Jan 2007	Entry made by the register on its own initiative		In force 15 Jan 2007	PDF
Ä 7920 / M2 8 Dec 2006	Ruling to eliminate deficiencies (to be served)	12 Jan 2007	In force 13 Dec 2006	PDF
K 23838 / 5 8 Dec 2006	Commercial pledge entered		In force 8 Dec 2006	PDF
Ä 7920 / M1 17 Nov 2006	Ruling to eliminate deficiencies (to be served)	6 Jan 2007	In force 17 Nov 2006	PDF
Ä 7920 / 5 22 Dec 2003	Division entry (second, constitutive)		In force	PDF
Ä 7920 / 4 12 May 2003	Entry decision on the register’s own initiative		In force	PDF
K 23838 / 4 14 Apr 2003	Commercial pledge amended		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

AS Hekotek

Position in the industry Manufacture of machinery and equipment n.e.c. · EMTAK 28

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Commercial pledges

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 39