AS HEARUM
Active Registry code 10300192
AS Tartu linn Registered 24 Oct 1997
AS HEARUM is a AS based in Tartu linn, registry code 10300192, status: active. Main activity: Plumbing, heat and air-conditioning installation. According to EMTA, turnover for Q3 2026 was €1 220 611 with 22 employees.
Turnover
1 220 611 €
↓ 5.7% vs Q2 2026
State taxes
166 290 €
↓ 4.9% vs Q2 2026
Labour taxes
89 845 €
↑ 10.9% vs Q2 2026
Employees
22
−2 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 1.2 mn €above 98% of companiesindustry median 23 017 € · companies in the industry: 6 974
- Labour taxes per employee 4 084 €above 98% of companiesindustry median 1 236 € · companies in the industry: 5 958
- Revenue · 2025 2.3 mn €above 98% of companiesindustry median 37 328 € · companies in the industry: 10 311
- Net profit margin · 2025 -0.9 %above 28% of companiesindustry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 1 220 611 | 166 290 | 89 845 | 22 |
| Q2 2026 | 1 294 083 | 174 876 | 81 009 | 24 |
| Q1 2026 | 1 038 996 | 211 618 | 79 419 | 23 |
| Q4 2025 | 756 700 | 152 394 | 81 934 | 19 |
| Q3 2025 | 486 332 | 111 930 | 79 877 | 20 |
| Q2 2025 | 470 305 | 109 686 | 78 014 | 19 |
| Q1 2025 | 398 735 | 105 618 | 75 038 | 19 |
| Q4 2024 | 589 224 | 117 907 | 77 176 | 19 |
| Q3 2024 | 757 181 | 154 848 | 109 823 | 19 |
| Q2 2024 | 397 616 | 79 098 | 68 258 | 20 |
| Q1 2024 | 539 802 | 107 342 | 82 260 | 20 |
| Q4 2023 | 1 077 454 | 137 044 | 75 743 | 20 |
| Q3 2023 | 1 155 464 | 185 810 | 75 404 | 19 |
| Q2 2023 | 881 437 | 120 440 | 62 426 | 22 |
| Q1 2023 | 584 100 | 88 075 | 65 233 | 22 |
| Q4 2022 | 782 357 | 124 401 | 66 937 | 22 |
| Q3 2022 | 461 514 | 86 953 | 62 612 | 22 |
| Q2 2022 | 436 309 | 78 270 | 61 731 | 23 |
| Q1 2022 | 479 885 | 95 694 | 65 889 | 23 |
Labour taxes per employee per month
1 361 €
Turnover per employee in the quarter
55 482 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 2 324 129 | -21 110 | 764 157 | 1 004 510 | 387 361 | 21 |
| 2024 | 2 232 074 | -175 149 | 780 662 | 943 162 | 642 471 | 20 |
| 2023 | 3 657 322 | 242 963 | 724 334 | 1 123 701 | 817 620 | 21 |
| 2022 | 2 126 644 | -17 606 | 614 371 | 1 080 805 | 774 657 | 23 |
| 2021 | 2 417 306 | 6 236 | 610 402 | 1 203 684 | 792 263 | 23 |
| 2020 | 2 757 873 | 148 686 | 599 410 | 1 104 216 | 786 027 | 24 |
| 2019 | 2 326 608 | 39 124 | 632 124 | 1 021 173 | 637 341 | 26 |
| 2018 | — | — | — | — | — | 24 |
| 2017 | — | — | — | — | — | 25 |
| 2016 | — | — | — | — | — | 27 |
| 2015 | — | — | — | — | — | 27 |
| 2014 | — | — | — | — | — | 25 |
| 2013 | — | — | — | — | — | 23 |
| 2012 | — | — | — | — | — | 21 |
| 2011 | — | — | — | — | — | 20 |
| 2010 | — | — | — | — | — | 19 |
| 2009 | — | — | — | — | — | 24 |
| 2008 | — | — | — | — | — | 29 |
| 2007 | — | — | — | — | — | 24 |
| 2006 | — | — | — | — | — | 22 |
| 2005 | — | — | — | — | — | 35 |
| 2004 | — | — | — | — | — | 41 |
| 2003 | — | — | — | — | — | 41 |
| 2001 | — | — | — | — | — | 19 |
| 2000 | — | — | — | — | — | 14 |
| 1999 | — | — | — | — | — | 16 |
| 1998 | — | — | — | — | — | 18 |
| 1997 | — | — | — | — | — | 8 |
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
-0.9 %
Net profit / revenue
Return on equity (ROE)
-5.4 %
Net profit / equity
Return on assets (ROA)
-2.1 %
Net profit / assets
Equity ratio
38.6 %
Equity / assets
Debt ratio
61.4 %
Liabilities / assets
Current ratio
1.54
Current assets / current liabilities
Revenue per employee
110 673 €
Revenue / average full-time employees
Labour cost per employee per month
3 032 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 1 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 29 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 30 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 May 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 10 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 21 Apr 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 20 Apr 2020 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 28 Sep 2017
- Raido TugedamBoard member · since 7 Aug 2024
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Aivar TuulbergIndirect ownership · since 8 Oct 2018
- Raivo RandIndirect ownership · since 8 Oct 2018
Founders and other persons
- Kontrollikoda OÜAudit firm · 1 Aug 2025
- Aivar TuulbergSupervisory board member · 26 Apr 2022
- Indrek RentelSupervisory board member · 26 Apr 2022
- Raivo RandSupervisory board member · 26 Apr 2022
- Taivo TähtSupervisory board member · 13 May 2024
- Omanikukonto: AS RAND & TUULBERG GRUPPShareholder · 25 564 € · 17 Dec 2025
Related companies
Activities (EMTAK)
- 4322Plumbing, heat and air-conditioning installation Main
- 4321Electrical installation
- 77111Rental and leasing of cars and light motor vehicles (with a maximum permissible weight up to 3,5 tons)
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 20009380 / 18 3 Mar 2026 |
Commercial pledge deleted | In force 3 Mar 2026 |
||
| Ä 20009380 / 17 8 Aug 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 8 Aug 2024 |
||
| Ä 20009380 / 16 7 Aug 2024 |
Amendment entry | In force 7 Aug 2024 |
||
| Ä 20009380 / M4 10 Jun 2024 |
Ruling to correct data outside an entry | 24 Jun 2024 | Deficiencies eliminated 11 Jun 2024 |
|
| Ä 20009380 / 15 29 Apr 2024 |
Amendment entry | In force 29 Apr 2024 |
||
| Ä 20009380 / 14 5 Apr 2019 |
Amendment entry | In force 5 Apr 2019 |
||
| Ä 20009380 / 13 13 Feb 2018 |
Amendment entry | In force 13 Feb 2018 |
||
| Ä 20009380 / 12 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 20009380 / 11 3 Dec 2017 |
Amendment entry | In force 3 Dec 2017 |
||
| Ä 20009380 / 10 28 Sep 2017 |
Amendment entry | In force 28 Sep 2017 |
||
| Ä 20009380 / 9 8 Feb 2016 |
Amendment entry | In force 8 Feb 2016 |
||
| Ä 20009380 / 8 3 Jan 2012 |
Amendment under Commercial Code § 525 (2) | In force 3 Jan 2012 |
||
| Ä 20009380 / 7 13 Apr 2011 |
Amendment entry | In force 13 Apr 2011 |
||
| Ä 9380 / 6 3 Dec 2008 |
Deletion of activities from the registry card | In force 21 Dec 2008 |
||
| Ä 9380 / M3 29 Jan 2007 |
Warning of compulsory dissolution: insufficient net assets | 30 Jun 2007 | Deficiencies eliminated 31 Jan 2007 |
|
| K 28261 / 2 15 Dec 2005 |
Compliance with Commercial Code § 33 (7.1) | In force | ||
| K 28261 25 Jan 2005 |
Commercial pledge entered | In force | ||
| Ä 9380 / 5 14 Jan 2005 |
Amendment entry | In force | ||
| Ä 9380 / 4 22 Mar 2004 |
Amendment entry | In force | ||
| Ä 9380 / M2 2 Mar 2004 |
Ruling to eliminate deficiencies (to be served) | 3 May 2004 | In force | |
| Ä 9380 / M1 17 Feb 2004 |
Ruling to eliminate deficiencies (to be served) | In force | ||
| Ä 9380 / 3 13 Jan 2003 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data