Osaühing Heiväl

Active Registry code 10458639 OÜ Tallinn Registered 11 Jun 1998

Osaühing Heiväl is a OÜ based in Tallinn, registry code 10458639, status: active. Main activity: Market research and public opinion polling. According to EMTA, turnover for Q3 2026 was €20 644 with 2 employees.

Turnover

20 644 €

↑ 79.1% vs Q2 2026

State taxes

8 581 €

↑ 20.1% vs Q2 2026

Labour taxes

2 433 €

↓ 22.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Activities of advertising, market research and public relations · EMTAK 73

Turnover · Q3 2026 20 644 €

above 57% of companies

industry median 15 274 € · companies in the industry: 2 027
Labour taxes per employee 1 217 €

above 36% of companies

industry median 1 523 € · companies in the industry: 1 026
Revenue · 2025 35 055 €

above 65% of companies

industry median 14 652 € · companies in the industry: 3 983
Net profit margin · 2025 3.1 %

above 40% of companies

industry median 8.6 % · companies in the industry: 3 053

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 20 644 € · +79.1% vs Q2 2026 · industry median 15 274 € · above 57% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 217 € · −22.2% vs Q2 2026 · industry median 1 523 € · above 36% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 8 581 € · +20.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	20 644	8 581	2 433	2
Q2 2026	11 528	7 146	3 128	2
Q1 2026	27 084	9 474	2 528	2
Q4 2025	11 264	6 440	2 852	2
Q3 2025	8 039	5 925	3 144	2
Q2 2025	3 429	6 899	3 965	4
Q1 2025	23 581	8 308	2 552	4
Q4 2024	6 523	4 974	3 306	3
Q3 2024	15 151	9 051	6 095	4
Q2 2024	20 206	9 074	4 875	4
Q1 2024	13 177	7 594	4 910	4
Q4 2023	24 278	11 945	5 588	4
Q3 2023	30 869	12 357	6 934	3
Q2 2023	39 608	14 530	5 864	5
Q1 2023	13 235	8 796	5 407	5
Q4 2022	32 549	12 533	5 297	5
Q3 2022	21 640	10 419	5 372	5
Q2 2022	25 699	11 840	5 411	5
Q1 2022	39 230	14 640	8 734	4

Labour taxes per employee per month

406 €

Turnover per employee in the quarter

10 322 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 35 055 € · −31.3% vs 2024 · industry median 14 652 € · above 65% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 1 099 € · −91.0% vs 2024 · industry median 382 € · above 55% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.1 % · −20.7 pp vs the year before · industry median 8.6 % · above 40% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 171 683 € · −10.9% vs 2024

Equity, € thousand 2025: 164 738 € · −12.3% vs 2024

Employees 2025: 2 · −33.3% vs 2024 · industry median 1 · above 75% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (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	35 055	1 099	30 296	171 683	164 738	2
2024	51 043	12 180	36 427	192 642	187 811	3
2023	92 480	14 894	57 803	191 419	180 627	5
2022	107 796	20 351	58 501	211 952	200 893	4
2021	163 159	37 027	81 740	242 006	227 289	6
2020	111 436	26 688	54 204	256 526	227 010	4
2019	177 072	77 401	55 784	238 905	219 871	3
2018	—	—	—	—	—	4
2017	—	—	—	—	—	4
2016	—	—	—	—	—	4
2015	—	—	—	—	—	4
2014	—	—	—	—	—	4
2013	—	—	—	—	—	2
2012	—	—	—	—	—	4
2011	—	—	—	—	—	6
2010	—	—	—	—	—	8
2009	—	—	—	—	—	10
2007	—	—	—	—	—	6
2006	—	—	—	—	—	6
2005	—	—	—	—	—	6
2004	—	—	—	—	—	6
2003	—	—	—	—	—	4
2002	—	—	—	—	—	4
2001	—	—	—	—	—	4
2000	—	—	—	—	—	4
1999	—	—	—	—	—	3
1998	—	—	—	—	—	2
1997	—	—	—	—	—	3

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

3.1 %

Net profit / revenue

Return on equity (ROE)

0.7 %

Net profit / equity

Return on assets (ROA)

0.6 %

Net profit / assets

Equity ratio

96.0 %

Equity / assets

Debt ratio

4.0 %

Liabilities / assets

Current ratio

4.45

Current assets / current liabilities

Revenue per employee

17 528 €

Revenue / average full-time employees

Labour cost per employee per month

1 262 €

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	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	1 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	8 Aug 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	12 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Company’s own	e-Äriregister

Board

Kaido Väljaots
Board member · since 11 Jun 1998

Right of representation

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

Owners

Tõnu Hein
Natural person · 1 278 €

50%
Kaido Väljaots
Natural person · 1 278 €

50%

Beneficial owners

Kaido Väljaots
Direct ownership · since 6 Sep 2018
Tõnu Hein
Direct ownership · since 6 Sep 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

73201Market research and public opinion polling Main
70201Business and other management consultancy activities

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10026813 / M3 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 9 Aug 2024	PDF
Ä 10026813 / 11 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10026813 / 10 26 Jun 2020	Amendment entry		In force 26 Jun 2020	PDF
Ä 10026813 / 9 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10026813 / 8 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10026813 / 7 30 Nov 2016	Amendment entry		In force 30 Nov 2016	PDF
Ä 10026813 / 6 4 May 2012	Amendment entry		In force 4 May 2012	PDF
Ä 10026813 / M2 23 Jan 2012	Ruling to eliminate deficiencies		In force 23 Jan 2012	PDF
Ä 26813 / 5 3 Jul 2009	Amendment under Commercial Code § 525 (2)		In force 3 Jul 2009	PDF
Ä 26813 / 4 3 Dec 2008	Deletion of activities from the registry card		In force 22 Dec 2008	PDF
Ä 26813 / 3 7 May 2004	Amendment entry		In force	PDF

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

Osaühing Heiväl

Position in the industry Activities of advertising, market research and public relations · EMTAK 73

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 11