HMV-Systems Baltic OÜ
Active Registry code 11341840
OÜ Särevere alevik Registered 24 Jan 2007
HMV-Systems Baltic OÜ is a OÜ based in Särevere alevik, registry code 11341840, status: active. Main activity: Other education n.e.c.. According to EMTA, turnover for Q3 2026 was €39 128 with 2 employees.
Turnover
39 128 €
↑ 8.0% vs Q2 2026
State taxes
13 270 €
↑ 1.1% vs Q2 2026
Labour taxes
12 572 €
↑ 0.0% vs Q2 2026
Employees
2
±0 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 39 128 €above 83% of companiesindustry median 8 170 € · companies in the industry: 1 274
- Labour taxes per employee 6 286 €above 98% of companiesindustry median 1 198 € · companies in the industry: 2 039
- Revenue · 2025 139 676 €above 98% of companiesindustry median 2 265 € · companies in the industry: 7 180
- Net profit margin · 2025 -1.5 %above 29% of companiesindustry median 6.7 % · companies in the industry: 5 232
Taxes and turnover
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (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 | 39 128 | 13 270 | 12 572 | 2 |
| Q2 2026 | 36 233 | 13 132 | 12 572 | 2 |
| Q1 2026 | 37 026 | 12 484 | 12 572 | 2 |
| Q4 2025 | 32 743 | 11 890 | 12 572 | 2 |
| Q3 2025 | 30 857 | 11 787 | 12 572 | 2 |
| Q2 2025 | 42 601 | 13 957 | 12 572 | 2 |
| Q1 2025 | 28 682 | 11 721 | 12 482 | 2 |
| Q4 2024 | 34 166 | 11 641 | 12 301 | 2 |
| Q3 2024 | 31 997 | 11 466 | 12 301 | 2 |
| Q2 2024 | 32 698 | 12 184 | 12 418 | 2 |
| Q1 2024 | 42 668 | 12 600 | 10 754 | 2 |
| Q4 2023 | 30 777 | 9 286 | 10 068 | 2 |
| Q3 2023 | 28 541 | 10 305 | 10 508 | 2 |
| Q2 2023 | 47 210 | 12 631 | 10 729 | 3 |
| Q1 2023 | 43 388 | 13 525 | 11 009 | 3 |
| Q4 2022 | 41 067 | 11 747 | 10 729 | 3 |
| Q3 2022 | 34 083 | 11 783 | 11 149 | 3 |
| Q2 2022 | 44 256 | 11 915 | 10 729 | 3 |
| Q1 2022 | 33 162 | 10 568 | 10 729 | 3 |
Labour taxes per employee per month
2 095 €
Turnover per employee in the quarter
19 564 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (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 | 139 676 | -2 032 | 113 173 | 31 173 | 10 987 | 2 |
| 2024 | 141 379 | -2 039 | 112 776 | 36 038 | 13 019 | 2 |
| 2023 | 146 935 | 831 | 101 692 | 37 905 | 15 058 | 3 |
| 2022 | 150 903 | 3 598 | 105 874 | 50 543 | 14 990 | 3 |
| 2021 | 132 155 | 6 945 | 105 097 | 28 083 | 11 392 | 2 |
| 2020 | 129 022 | -1 538 | 100 639 | 21 107 | 4 447 | 2 |
| 2019 | 143 754 | 2 692 | 102 252 | 21 566 | 14 985 | 2 |
| 2018 | — | — | — | — | — | 3 |
| 2017 | — | — | — | — | — | 3 |
| 2016 | — | — | — | — | — | 3 |
| 2015 | — | — | — | — | — | 2 |
| 2014 | — | — | — | — | — | 2 |
| 2013 | — | — | — | — | — | 2 |
| 2012 | — | — | — | — | — | 2 |
| 2011 | — | — | — | — | — | 1 |
| 2010 | — | — | — | — | — | 1 |
| 2009 | — | — | — | — | — | 0 |
| 2008 | — | — | — | — | — | 2 |
| 2007 | — | — | — | — | — | 0 |
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
-1.5 %
Net profit / revenue
Return on equity (ROE)
-18.5 %
Net profit / equity
Return on assets (ROA)
-6.5 %
Net profit / assets
Equity ratio
35.2 %
Equity / assets
Debt ratio
64.8 %
Liabilities / assets
Current ratio
0.95
Current assets / current liabilities
Revenue per employee
69 838 €
Revenue / average full-time employees
Labour cost per employee per month
4 716 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 8 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 17 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 18 Jun 2024 | Company’s own | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 29 Jun 2023 | Company’s own | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 19 Jun 2022 | Company’s own | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 28 Jun 2021 | Company’s own | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 1 Jul 2020 | Company’s own | e-Äriregister |
Board
- Virgo TiitsuBoard member · since 28 Feb 2007
- Epp TiitsuBoard member · since 15 Jan 2018
- Taavi TiitsuBoard member · since 15 Jan 2018
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Virgo TiitsuNatural person · 1 397 €
- Taavi TiitsuNatural person · 1 143 €
Beneficial owners
- Taavi TiitsuDirect ownership · since 30 Sep 2018
- Virgo TiitsuDirect ownership · since 30 Sep 2018
Founders and other persons
- Osaühing EuroConsultFounder · 40 000 € · 24 Jan 2007
Related companies
Activities (EMTAK)
- 85599Other education n.e.c. Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 30033114 / 6 1 Sep 2023 |
Amendment entry | In force 1 Sep 2023 |
||
| Ä 30033114 / M5 1 Jul 2020 |
Warning of a fine: deficiencies in the annual report | 31 Jul 2020 | Deficiencies eliminated 1 Jul 2020 |
|
| Ä 30033114 / M4 27 Apr 2020 |
Ruling to eliminate deficiencies in the annual report | 27 May 2020 | Deficiencies eliminated 1 Jul 2020 |
|
| Ä 30033114 / 5 27 Jun 2018 |
Amendment entry | In force 27 Jun 2018 |
||
| Ä 30033114 / 4 18 Jan 2018 |
Amendment entry | In force 18 Jan 2018 |
||
| Ä 30033114 / 3 15 Jan 2018 |
Amendment entry | In force 15 Jan 2018 |
||
| Ä 30033114 / M3 4 Jan 2018 |
Ruling to eliminate deficiencies | 3 Feb 2018 | Deficiencies eliminated 15 Jan 2018 |
|
| Ä 30033114 / 2 4 Dec 2017 |
Amendment entry | In force 4 Dec 2017 |
||
| Ä 33114 / M2 13 May 2008 |
Warning of a fine: deficiencies in the annual report | 14 Jun 2008 | Deficiencies eliminated 1 Jun 2008 |
|
| Ä 33114 / M1 29 Apr 2008 |
Warning of a fine: deficiencies in the annual report | 1 Jun 2008 | Deficiencies eliminated 1 Jun 2008 |
|
| Ä 33114 28 Feb 2007 |
Registry card opened in the department of the new seat | In force 28 Feb 2007 |
||
| Ä 105594 / 3 28 Feb 2007 |
Registry card closed after a change of district | In force 28 Feb 2007 |
||
| Ä 105594 / 2 21 Feb 2007 |
Note | In force 21 Feb 2007 |
||
| Ä 105594 24 Jan 2007 |
First entry | In force 24 Jan 2007 |
Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data