osaühing Hesford

Active Registry code 10666243 OÜ Tartu linn Registered 3 Jul 2000

osaühing Hesford is a OÜ based in Tartu linn, registry code 10666243, status: active. Main activity: Support services to forestry. According to EMTA, turnover for Q3 2026 was €14 638 with 3 employees.

Turnover

14 638 €

↓ 69.4% vs Q2 2026

State taxes

5 917 €

↓ 51.7% vs Q2 2026

Labour taxes

5 140 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

Turnover · Q3 2026 14 638 €

above 50% of companies

industry median 14 400 € · companies in the industry: 1 834
Labour taxes per employee 1 713 €

above 67% of companies

industry median 1 226 € · companies in the industry: 1 276
Revenue · 2025 217 537 €

above 83% of companies

industry median 29 224 € · companies in the industry: 2 730
Net profit margin · 2025 35.0 %

above 80% of companies

industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 14 638 € · −69.4% vs Q2 2026 · industry median 14 400 € · above 50% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 713 € · +0.0% vs Q2 2026 · industry median 1 226 € · above 67% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 5 917 € · −51.7% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	14 638	5 917	5 140	3
Q2 2026	47 781	12 243	5 140	3
Q1 2026	50 894	9 994	5 010	3
Q4 2025	76 842	17 388	4 750	3
Q3 2025	14 804	5 106	4 750	3
Q2 2025	95 468	19 687	4 750	3
Q1 2025	40 666	11 812	4 667	3
Q4 2024	59 199	11 927	4 501	3
Q3 2024	19 730	6 049	4 501	3
Q2 2024	60 499	13 227	4 501	3
Q1 2024	74 329	12 873	4 501	3
Q4 2023	70 176	12 121	4 501	3
Q3 2023	11 396	4 732	4 501	3
Q2 2023	35 466	8 077	4 501	3
Q1 2023	56 245	10 004	4 200	3
Q4 2022	83 239	13 616	3 600	3
Q3 2022	29 606	5 132	3 306	3
Q2 2022	60 983	9 799	3 159	3
Q1 2022	41 947	7 783	3 159	3

Labour taxes per employee per month

571 €

Turnover per employee in the quarter

4 879 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 217 537 € · +11.9% vs 2024 · industry median 29 224 € · above 83% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 76 231 € · +78.7% vs 2024 · industry median 275 € · above 93% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 35.0 % · +13.1 pp vs the year before · industry median 4.9 % · above 80% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 485 375 € · +16.6% vs 2024

Equity, € thousand 2025: 365 858 € · +23.8% vs 2024

Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 60% of the industry

Company
Industry median

Industry: Forestry and logging (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	217 537	76 231	48 751	485 375	365 858	2
2024	194 359	42 656	47 790	416 175	295 626	2
2023	184 571	29 569	47 790	383 301	258 970	2
2022	221 619	81 038	37 064	349 356	229 401	2
2021	133 298	27 031	25 867	267 747	148 363	2
2020	117 270	32 121	20 067	239 857	121 346	1
2019	114 383	3 628	37 217	207 736	89 225	2
2018	—	—	—	—	—	2
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	3
2013	—	—	—	—	—	2
2012	—	—	—	—	—	3
2011	—	—	—	—	—	3
2010	—	—	—	—	—	3
2009	—	—	—	—	—	2
2008	—	—	—	—	—	3
2007	—	—	—	—	—	3
2006	—	—	—	—	—	5
2005	—	—	—	—	—	3
2004	—	—	—	—	—	3
2003	—	—	—	—	—	3
2002	—	—	—	—	—	3
2001	—	—	—	—	—	6

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

35.0 %

Net profit / revenue

Return on equity (ROE)

20.8 %

Net profit / equity

Return on assets (ROA)

15.7 %

Net profit / assets

Equity ratio

75.4 %

Equity / assets

Debt ratio

24.6 %

Liabilities / assets

Current ratio

311.96

Current assets / current liabilities

Revenue per employee

108 769 €

Revenue / average full-time employees

Labour cost per employee per month

2 031 €

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	3 Aug 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	9 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	12 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	14 Sep 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	21 Sep 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	9 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	4 Nov 2020	Company’s own	e-Äriregister

Board

Sten Vadi
Board member · since 30 Oct 2000
Tiit Vaas
Board member · since 30 Oct 2000

Right of representation

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

Owners

Tiit Vaas
Natural person · 20 000 €

50%
Sten Vadi
Natural person · 20 000 €

50%

Beneficial owners

Sten Vadi
Direct ownership · since 30 Oct 2018
Tiit Vaas
Direct ownership · since 30 Oct 2018

Founders and other persons

Osaühing Deepak Grupp
Founder · 40 000 € · 3 Jul 2000

shared board members, owners or beneficial owners

Activities (EMTAK)

02401Support services to forestry Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20018719 / M4 3 Aug 2026	Warning of a fine: annual report not filed		Deficiencies eliminated 4 Aug 2026	PDF
Ä 20018719 / M3 6 Jul 2024	Warning of a fine: annual report not filed	5 Aug 2024	Deficiencies eliminated 13 Jul 2024	PDF
Ä 20018719 / 8 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 20018719 / M2 18 Aug 2023	Warning of a fine: annual report not filed	17 Sep 2023	Deficiencies eliminated 15 Sep 2023	PDF
Ä 20018719 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20018719 / 6 6 Dec 2017	Amendment entry		In force 6 Dec 2017	PDF
Ä 20018719 / 5 3 Dec 2017	Amendment entry		In force 3 Dec 2017	PDF
Ä 18719 / 4 29 Jun 2009	Deletion of activities from the registry card		In force 29 Jun 2009	PDF
Ä 18719 / 3 19 Jan 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 Hesford

Position in the industry Forestry and logging · EMTAK 02

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 9