HgHg OÜ

Active Registry code 11232570 OÜ Tartu linn Registered 17 Apr 2006
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HgHg OÜ is a OÜ based in Tartu linn, registry code 11232570, status: active. Main activity: Business and other management consultancy activities. According to EMTA, turnover for Q3 2026 was €446 646 with 2 employees.

Turnover
446 646 €
↑ 904.9% vs Q2 2026
State taxes
121 595 €
↑ 615.9% vs Q2 2026
Labour taxes
13 882 €
↑ 12.5% vs Q2 2026
Employees
2
−1 vs Q2 2026

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

Position in the industry Activities of head offices and management consultancy · EMTAK 70

  • Turnover · Q3 2026 446 646 €
    industry median 13 705 € · companies in the industry: 4 338
  • Labour taxes per employee 6 941 €
    industry median 1 649 € · companies in the industry: 1 689
  • Revenue · 2025 262 570 €
    industry median 10 800 € · companies in the industry: 9 687
  • Net profit margin · 2025 15.5 %
    industry median 22.0 % · companies in the industry: 6 494

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 446 646 € · +904.9% vs Q2 2026 · industry median 13 705 € · above 98% of the industry
0100200300400500Q4 2023 Company: 46 842 € Industry median: 15 091 €Q4·23Q1 2024 Company: 53 255 € Industry median: 14 762 €Q2 2024 Company: 58 252 € Industry median: 14 762 €Q2·24Q3 2024 Company: 63 780 € Industry median: 14 140 €Q4 2024 Company: 50 930 € Industry median: 15 052 €Q4·24Q1 2025 Company: 63 878 € Industry median: 14 703 €Q2 2025 Company: 74 837 € Industry median: 13 688 €Q2·25Q3 2025 Company: 68 451 € Industry median: 13 984 €Q4 2025 Company: 56 106 € Industry median: 14 505 €Q4·25Q1 2026 Company: 50 967 € Industry median: 14 237 €Q2 2026 Company: 44 446 € Industry median: 14 128 €Q2·26Q3 2026 Company: 446 646 € Industry median: 13 705 €Q3·260100200300400500Q4 2024 Company: 50 930 € Industry median: 15 052 €Q1 2025 Company: 63 878 € Industry median: 14 703 €Q1·25Q2 2025 Company: 74 837 € Industry median: 13 688 €Q3 2025 Company: 68 451 € Industry median: 13 984 €Q3·25Q4 2025 Company: 56 106 € Industry median: 14 505 €Q1 2026 Company: 50 967 € Industry median: 14 237 €Q1·26Q2 2026 Company: 44 446 € Industry median: 14 128 €Q3 2026 Company: 446 646 € Industry median: 13 705 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 941 € · +68.8% vs Q2 2026 · industry median 1 649 € · above 91% of the industry
02 0004 0006 0008 000Q4 2023 Company: 5 506 € Industry median: 1 639 €Q4·23Q1 2024 Company: 5 389 € Industry median: 1 650 €Q2 2024 Company: 3 975 € Industry median: 1 721 €Q2·24Q3 2024 Company: 6 749 € Industry median: 1 700 €Q4 2024 Company: 6 332 € Industry median: 1 679 €Q4·24Q1 2025 Company: 6 204 € Industry median: 1 739 €Q2 2025 Company: 4 192 € Industry median: 1 758 €Q2·25Q3 2025 Company: 7 046 € Industry median: 1 758 €Q4 2025 Company: 6 595 € Industry median: 1 758 €Q4·25Q1 2026 Company: 6 208 € Industry median: 1 641 €Q2 2026 Company: 4 112 € Industry median: 1 597 €Q2·26Q3 2026 Company: 6 941 € Industry median: 1 649 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 6 332 € Industry median: 1 679 €Q1 2025 Company: 6 204 € Industry median: 1 739 €Q1·25Q2 2025 Company: 4 192 € Industry median: 1 758 €Q3 2025 Company: 7 046 € Industry median: 1 758 €Q3·25Q4 2025 Company: 6 595 € Industry median: 1 758 €Q1 2026 Company: 6 208 € Industry median: 1 641 €Q1·26Q2 2026 Company: 4 112 € Industry median: 1 597 €Q3 2026 Company: 6 941 € Industry median: 1 649 €Q3·26
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 2 · −33.3% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 3Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 3Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 2Q2 2026 Company: 3Q2·26Q3 2026 Company: 2Q3·260123Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 3Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q3 2026 Company: 2Q3·26
State taxes, € thousand Q3 2026: 121 595 € · +615.9% vs Q2 2026
0255075100125Q4 2023 Company: 17 919 €Q4·23Q1 2024 Company: 13 479 €Q2 2024 Company: 18 621 €Q2·24Q3 2024 Company: 20 561 €Q4 2024 Company: 17 794 €Q4·24Q1 2025 Company: 38 183 €Q2 2025 Company: 26 201 €Q2·25Q3 2025 Company: 23 456 €Q4 2025 Company: 25 718 €Q4·25Q1 2026 Company: 23 906 €Q2 2026 Company: 16 986 €Q2·26Q3 2026 Company: 121 595 €Q3·260255075100125Q4 2024 Company: 17 794 €Q1 2025 Company: 38 183 €Q1·25Q2 2025 Company: 26 201 €Q3 2025 Company: 23 456 €Q3·25Q4 2025 Company: 25 718 €Q1 2026 Company: 23 906 €Q1·26Q2 2026 Company: 16 986 €Q3 2026 Company: 121 595 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 446 646 121 595 13 882 2
Q2 2026 44 446 16 986 12 335 3
Q1 2026 50 967 23 906 12 416 2
Q4 2025 56 106 25 718 13 190 2
Q3 2025 68 451 23 456 14 091 2
Q2 2025 74 837 26 201 12 576 3
Q1 2025 63 878 38 183 12 408 2
Q4 2024 50 930 17 794 12 663 2
Q3 2024 63 780 20 561 13 497 2
Q2 2024 58 252 18 621 11 926 3
Q1 2024 53 255 13 479 10 778 2
Q4 2023 46 842 17 919 11 011 2
Q3 2023 57 797 17 599 11 199 2
Q2 2023 53 078 19 365 9 803 4
Q1 2023 55 627 14 145 11 789 3
Q4 2022 50 966 5 953 12 056 4
Q3 2022 65 428 — 11 897 5
Q2 2022 50 298 18 912 10 902 5
Q1 2022 46 612 21 037 11 681 4
Labour taxes per employee per month
2 314 €
Turnover per employee in the quarter
223 323 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 262 570 € · +12.6% vs 2024 · industry median 10 800 € · above 98% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 157 248 € Industry median: 8 998 €20192020 Company: 179 256 € Industry median: 8 779 €20202021 Company: 208 080 € Industry median: 9 884 €20212022 Company: 228 646 € Industry median: 10 945 €20222023 Company: 215 611 € Industry median: 11 079 €20232024 Company: 233 193 € Industry median: 10 766 €20242025 Company: 262 570 € Industry median: 10 800 €202501002003002018 Company: — Industry median: —2019 Company: 157 248 € Industry median: 8 998 €20192020 Company: 179 256 € Industry median: 8 779 €2021 Company: 208 080 € Industry median: 9 884 €20212022 Company: 228 646 € Industry median: 10 945 €2023 Company: 215 611 € Industry median: 11 079 €20232024 Company: 233 193 € Industry median: 10 766 €2025 Company: 262 570 € Industry median: 10 800 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 40 739 € · −82.1% vs 2024 · industry median 284 € · above 86% of the industry
-10001002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 129 270 € Industry median: 966 €20192020 Company: 37 632 € Industry median: 760 €20202021 Company: 144 444 € Industry median: 1 171 €20212022 Company: -26 563 € Industry median: 470 €20222023 Company: 50 919 € Industry median: 681 €20232024 Company: 227 185 € Industry median: 538 €20242025 Company: 40 739 € Industry median: 284 €2025-10001002003002018 Company: — Industry median: —2019 Company: 129 270 € Industry median: 966 €20192020 Company: 37 632 € Industry median: 760 €2021 Company: 144 444 € Industry median: 1 171 €20212022 Company: -26 563 € Industry median: 470 €2023 Company: 50 919 € Industry median: 681 €20232024 Company: 227 185 € Industry median: 538 €2025 Company: 40 739 € Industry median: 284 €2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 15.5 % · −81.9 pp vs the year before · industry median 22.0 % · above 45% of the industry
-2502550751002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 82.2 % Industry median: 31.9 %20192020 Company: 21.0 % Industry median: 32.1 %20202021 Company: 69.4 % Industry median: 35.7 %20212022 Company: -11.6 % Industry median: 27.6 %20222023 Company: 23.6 % Industry median: 28.4 %20232024 Company: 97.4 % Industry median: 25.0 %20242025 Company: 15.5 % Industry median: 22.0 %2025-2502550751002018 Company: — Industry median: —2019 Company: 82.2 % Industry median: 31.9 %20192020 Company: 21.0 % Industry median: 32.1 %2021 Company: 69.4 % Industry median: 35.7 %20212022 Company: -11.6 % Industry median: 27.6 %2023 Company: 23.6 % Industry median: 28.4 %20232024 Company: 97.4 % Industry median: 25.0 %2025 Company: 15.5 % Industry median: 22.0 %2025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 2 078 055 € · −2.3% vs 2024
05001 0001 5002 0002 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 426 988 €20192020 Company: 1 249 165 €20202021 Company: 1 493 179 €20212022 Company: 1 719 685 €20222023 Company: 1 822 376 €20232024 Company: 2 126 213 €20242025 Company: 2 078 055 €202505001 0001 5002 0002 5002018 Company: —2019 Company: 1 426 988 €20192020 Company: 1 249 165 €2021 Company: 1 493 179 €20212022 Company: 1 719 685 €2023 Company: 1 822 376 €20232024 Company: 2 126 213 €2025 Company: 2 078 055 €2025
Equity, € thousand 2025: 1 222 426 € · +3.4% vs 2024
02505007501 0001 2502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 798 071 €20192020 Company: 805 703 €20202021 Company: 930 147 €20212022 Company: 903 584 €20222023 Company: 954 503 €20232024 Company: 1 181 688 €20242025 Company: 1 222 426 €202502505007501 0001 2502018 Company: —2019 Company: 798 071 €20192020 Company: 805 703 €2021 Company: 930 147 €20212022 Company: 903 584 €2023 Company: 954 503 €20232024 Company: 1 181 688 €2025 Company: 1 222 426 €2025
Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 93% of the industry
012342016 Company: 4 Industry median: —20162017 Company: 4 Industry median: —20172018 Company: 4 Industry median: 120182019 Company: 4 Industry median: 120192020 Company: 4 Industry median: 120202021 Company: 4 Industry median: 120212022 Company: 4 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 120242025 Company: 3 Industry median: 12025012342018 Company: 4 Industry median: 12019 Company: 4 Industry median: 120192020 Company: 4 Industry median: 12021 Company: 4 Industry median: 120212022 Company: 4 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 3 Industry median: 12025 Company: 3 Industry median: 12025
  • Company
  • Industry median

Industry: Activities of head offices and management consultancy (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 262 570 40 739 121 683 2 078 055 1 222 426 3
2024 233 193 227 185 121 350 2 126 213 1 181 688 3
2023 215 611 50 919 103 037 1 822 376 954 503 3
2022 228 646 -26 563 114 159 1 719 685 903 584 4
2021 208 080 144 444 115 887 1 493 179 930 147 4
2020 179 256 37 632 116 739 1 249 165 805 703 4
2019 157 248 129 270 83 888 1 426 988 798 071 4
2018 — — — — — 4
2017 — — — — — 4
2016 — — — — — 4
2015 — — — — — 4
2014 — — — — — 2
2013 — — — — — 2
2012 — — — — — 2
2011 — — — — — 1
2010 — — — — — 1
2009 — — — — — 1
2008 — — — — — 3
2007 — — — — — 3
2006 — — — — — 4

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
15.0 %
Net profit / revenue
Return on equity (ROE)
3.3 %
Net profit / equity
Return on assets (ROA)
2.0 %
Net profit / assets
Equity ratio
58.8 %
Equity / assets
Debt ratio
41.2 %
Liabilities / assets
Current ratio
1.30
Current assets / current liabilities
Revenue per employee
90 740 €
Revenue / average full-time employees
Labour cost per employee per month
3 380 €
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 30 Jun 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 19 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 5 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 22 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 70201Business and other management consultancy activities Main
  • 55202Holiday homes (chalets)
  • 62202Computer facilities management activities
  • 68201Rental and operating of own or leased real estate
  • 74991All other professional, scientific and technical activities n.e.c.
Rulings
Number, date Title Deadline State Document
Ä 20035278 / M3
8 Jul 2024
Warning of a fine: annual report not filed 7 Aug 2024 Deficiencies eliminated
9 Aug 2024
PDF
Ä 20035278 / 13
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 20035278 / 12
24 May 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
24 May 2023
PDF
Ä 20035278 / 11
15 Aug 2019
Amendment entry In force
15 Aug 2019
PDF
Ä 20035278 / 10
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 20035278 / 9
20 Dec 2017
Amendment entry In force
20 Dec 2017
PDF
Ä 20035278 / 8
8 Dec 2017
Amendment entry In force
8 Dec 2017
PDF
Ä 20035278 / 7
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 20035278 / M2
1 Dec 2017
Ruling to eliminate deficiencies 31 Dec 2017 Deficiencies eliminated
8 Dec 2017
PDF
Ä 20035278 / 6
30 Apr 2015
Amendment entry In force
30 Apr 2015
PDF
Ä 20035278 / 5
28 Mar 2013
Amendment entry In force
28 Mar 2013
PDF
Ä 20035278 / 4
2 Aug 2011
Amendment entry In force
2 Aug 2011
PDF
Ä 20035278 / 3
14 Feb 2011
Amendment entry In force
14 Feb 2011
PDF
Ä 20035278 / M1
6 Jan 2011
Ruling to eliminate deficiencies 6 Feb 2011 In force
6 Jan 2011
PDF
Ä 35278 / 2
3 Dec 2008
Deletion of activities from the registry card In force
8 Dec 2008
PDF
Ä 35278
17 Apr 2006
First entry In force
17 Apr 2006
PDF

Sources: e-Äriregister and EMTA. Data updated 2 Nov 2026. Open at the source ↗ · Report an error in the data