AS HERT-TRANSPORT

Active Registry code 10254061 AS Tartu linn Registered 29 Aug 1997

AS HERT-TRANSPORT is a AS based in Tartu linn, registry code 10254061, status: active. Main activity: Freight transport by road. According to EMTA, turnover for Q3 2026 was €1 459 086 with 18 employees.

Turnover

1 459 086 €

↓ 16.2% vs Q2 2026

State taxes

16 850 €

↓ 58.0% vs Q2 2026

Labour taxes

33 349 €

↓ 13.4% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Land transport and transport via pipelines · EMTAK 49

Turnover · Q3 2026 1.5 mn €

above 98% of companies

industry median 29 505 € · companies in the industry: 3 554
Labour taxes per employee 1 853 €

above 79% of companies

industry median 1 179 € · companies in the industry: 3 134
Revenue · 2025 4.4 mn €

above 98% of companies

industry median 32 212 € · companies in the industry: 5 896
Net profit margin · 2025 7.4 %

above 64% of companies

industry median 2.8 % · companies in the industry: 4 877

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 1 459 086 € · −16.2% vs Q2 2026 · industry median 29 505 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 853 € · −13.4% vs Q2 2026 · industry median 1 179 € · above 79% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 18 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 16 850 € · −58.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	1 459 086	16 850	33 349	18
Q2 2026	1 741 413	40 151	38 520	18
Q1 2026	1 403 653	—	34 121	18
Q4 2025	1 518 627	96 478	39 125	18
Q3 2025	1 342 511	44 500	45 990	18
Q2 2025	1 207 104	45 342	42 516	20
Q1 2025	1 296 535	41 379	44 447	21
Q4 2024	1 901 863	5 742	37 442	20
Q3 2024	1 855 863	—	34 317	20
Q2 2024	2 294 124	19 031	42 347	20
Q1 2024	1 491 205	47 590	44 448	21
Q4 2023	1 537 950	23 279	43 808	23
Q3 2023	2 041 878	55 477	53 323	21
Q2 2023	1 843 604	45 806	43 218	29
Q1 2023	1 227 492	53 113	45 168	25
Q4 2022	1 014 661	40 876	39 723	25
Q3 2022	1 188 092	39 562	49 241	23
Q2 2022	1 042 778	35 566	33 003	25
Q1 2022	785 655	48 259	41 949	21

Labour taxes per employee per month

618 €

Turnover per employee in the quarter

81 060 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 4 387 537 € · +5.2% vs 2024 · industry median 32 212 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 324 370 € · +162.9% vs 2024 · industry median 421 € · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 7.4 % · +4.4 pp vs the year before · industry median 2.8 % · above 64% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 4 960 146 € · +0.6% vs 2024

Equity, € thousand 2025: 3 645 372 € · +9.6% vs 2024

Employees 2025: 19 · −9.5% vs 2024 · industry median 1 · above 98% of the industry

Company
Industry median

Industry: Land transport and transport via pipelines (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	4 387 537	324 370	418 355	4 960 146	3 645 372	19
2024	4 171 965	123 402	403 619	4 929 285	3 324 802	21
2023	5 369 088	1 483 186	506 915	3 993 909	3 268 401	27
2022	3 459 180	168 690	419 794	2 230 996	1 846 715	24
2021	2 029 388	75	333 655	2 000 067	1 686 825	23
2020	1 042 904	51 450	150 785	1 891 903	1 691 750	14
2019	1 356 155	38 215	138 566	1 864 596	1 642 881	12
2018	—	—	—	—	—	6
2017	—	—	—	—	—	6
2016	—	—	—	—	—	6
2015	—	—	—	—	—	4
2014	—	—	—	—	—	5
2013	—	—	—	—	—	7
2012	—	—	—	—	—	15
2011	—	—	—	—	—	33
2010	—	—	—	—	—	43
2009	—	—	—	—	—	78
2008	—	—	—	—	—	68
2007	—	—	—	—	—	54
2006	—	—	—	—	—	48
2005	—	—	—	—	—	41
2004	—	—	—	—	—	37
2003	—	—	—	—	—	24
2002	—	—	—	—	—	26
2001	—	—	—	—	—	20
2000	—	—	—	—	—	17
1999	—	—	—	—	—	20
1998	—	—	—	—	—	20

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

7.4 %

Net profit / revenue

Return on equity (ROE)

8.9 %

Net profit / equity

Return on assets (ROA)

6.5 %

Net profit / assets

Equity ratio

73.5 %

Equity / assets

Debt ratio

26.5 %

Liabilities / assets

Current ratio

1.66

Current assets / current liabilities

Revenue per employee

230 923 €

Revenue / average full-time employees

Labour cost per employee per month

1 835 €

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	20 Jun 2026	Company’s own · audited	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	19 Jun 2025	Company’s own · audited	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Nov 2024	Company’s own · audited	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	18 Sep 2023	Company’s own · audited	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	11 Nov 2022	Company’s own · audited	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	2 Nov 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Nasdaq CSD SE
Keeper of the share ledger · since 27 Sep 2017
Tarmo Tšernjavski
Board member · since 29 Aug 1997

Right of representation

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

Owners

No owner information.

Beneficial owners

Tarmo Tšernjavski
Direct ownership · since 5 Oct 2018

Founders and other persons

Vilja Kübar
Audit firm · 20 May 2002
Jaanus Jaanson
Supervisory board member · 11 Oct 2021
Tarmo Riivo Tšernjavski
Supervisory board member · 11 Oct 2021
Urmas Saaroja
Supervisory board member · 11 Oct 2021
Omanikukonto: TARMO TSERNJAVSKI
Shareholder · 25 600 € · 5 Dec 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

49411Freight transport by road Main
47811Retail sale of motor vehicles
55901Other accommodation
68201Rental and operating of own or leased real estate
95311Repair and maintenance of motor vehicles

Rulings 23

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20007653 / M11 7 Jul 2024	Warning of a fine: annual report not filed	6 Aug 2024	Deficiencies eliminated 1 Dec 2024	PDF
Ä 20007653 / M10 23 Aug 2023	Warning of a fine: annual report not filed	22 Sep 2023	Deficiencies eliminated 19 Sep 2023	PDF
Ä 20007653 / 14 14 Feb 2023	Amendment entry		In force 14 Feb 2023	PDF
Ä 20007653 / M9 27 Sep 2021	Ruling to correct data outside an entry	27 Oct 2021	Deficiencies eliminated 12 Oct 2021	PDF
Ä 20007653 / M8 13 Feb 2020	Ruling to correct data outside an entry	28 Feb 2020	Deficiencies eliminated 14 Feb 2020	PDF
Ä 20007653 / 13 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20007653 / 12 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 20007653 / 11 27 Sep 2017	Amendment entry		In force 27 Sep 2017	PDF
Ä 20007653 / M7 22 Mar 2016	Warning of deletion from the register: annual report not filed	23 Sep 2016	Deficiencies eliminated 9 Jun 2016	PDF
Ä 20007653 / 10 30 Jun 2015	Amendment entry		In force 30 Jun 2015	PDF
Ä 20007653 / M6 23 Jan 2015	Ruling to correct data outside an entry	22 Feb 2015	In force 23 Jan 2015	PDF
Ä 20007653 / 9 5 Apr 2012	Amendment entry		In force 5 Apr 2012	PDF
Ä 20007653 / M5 4 Apr 2012	Ruling to eliminate deficiencies	4 May 2012	In force 4 Apr 2012	PDF
Ä 20007653 / M4 12 Mar 2012	Ruling to eliminate deficiencies	11 Apr 2012	In force 12 Mar 2012	PDF
Ä 20007653 / M3 29 Dec 2011	Ruling to eliminate deficiencies	29 Mar 2012	In force 29 Dec 2011	PDF
Ä 20007653 / 8 28 Nov 2011	Amendment entry		In force 28 Nov 2011	PDF
Ä 20007653 / M2 17 Nov 2011	Ruling to eliminate deficiencies	15 Dec 2011	In force 17 Nov 2011	PDF
Ä 20007653 / 7 9 Nov 2011	Amendment entry		In force 9 Nov 2011	PDF
Ä 7653 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 21 Dec 2008	PDF
Ä 7653 / 5 18 Apr 2006	Amendment entry		In force 18 Apr 2006	PDF
Ä 7653 / 4 2 Mar 2006	Amendment entry		In force 2 Mar 2006	PDF
Ä 7653 / 3 3 Oct 2002	Entry decision on the register’s own initiative		In force	PDF
Ä 7653 / M1 18 Jun 2002	Ruling to be served	20 Aug 2002	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

AS HERT-TRANSPORT

Position in the industry Land transport and transport via pipelines · EMTAK 49

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 23