HVC Solutions OÜ

Active Registry code 11500616 OÜ Hullo küla Registered 22 Aug 2008
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HVC Solutions OÜ is a OÜ based in Hullo küla, registry code 11500616, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €20 737 with 1 employees.

Turnover
20 737 €
↓ 28.3% vs Q2 2026
State taxes
1 851 €
↓ 64.7% vs Q2 2026
Labour taxes
704 €
↓ 60.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 20 737 €
    industry median 23 017 € · companies in the industry: 6 974
  • Labour taxes per employee 704 €
    industry median 1 236 € · companies in the industry: 5 958
  • Revenue · 2025 111 781 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 3.2 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 20 737 € · −28.3% vs Q2 2026 · industry median 23 017 € · above 47% of the industry
010 00020 00030 00040 00050 000Q4 2023 Company: 12 299 € Industry median: 23 403 €Q4·23Q1 2024 Company: 33 713 € Industry median: 16 922 €Q2 2024 Company: 17 054 € Industry median: 18 660 €Q2·24Q3 2024 Company: 32 939 € Industry median: 21 547 €Q4 2024 Company: 37 104 € Industry median: 23 300 €Q4·24Q1 2025 Company: 23 381 € Industry median: 17 914 €Q2 2025 Company: 34 932 € Industry median: 20 215 €Q2·25Q3 2025 Company: 44 016 € Industry median: 22 700 €Q4 2025 Company: 20 717 € Industry median: 23 111 €Q4·25Q1 2026 Company: 27 955 € Industry median: 17 425 €Q2 2026 Company: 28 906 € Industry median: 20 462 €Q2·26Q3 2026 Company: 20 737 € Industry median: 23 017 €Q3·26010 00020 00030 00040 00050 000Q4 2024 Company: 37 104 € Industry median: 23 300 €Q1 2025 Company: 23 381 € Industry median: 17 914 €Q1·25Q2 2025 Company: 34 932 € Industry median: 20 215 €Q3 2025 Company: 44 016 € Industry median: 22 700 €Q3·25Q4 2025 Company: 20 717 € Industry median: 23 111 €Q1 2026 Company: 27 955 € Industry median: 17 425 €Q1·26Q2 2026 Company: 28 906 € Industry median: 20 462 €Q3 2026 Company: 20 737 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 704 € · −60.0% vs Q2 2026 · industry median 1 236 € · above 18% of the industry
05001 0001 5002 000Q4 2023 Company: 0 € Industry median: 1 123 €Q4·23Q1 2024 Company: 0 € Industry median: 1 105 €Q2 2024 Company: 366 € Industry median: 1 083 €Q2·24Q3 2024 Company: 804 € Industry median: 1 141 €Q4 2024 Company: 536 € Industry median: 1 178 €Q4·24Q1 2025 Company: 421 € Industry median: 1 177 €Q2 2025 Company: 1 044 € Industry median: 1 194 €Q2·25Q3 2025 Company: 976 € Industry median: 1 250 €Q4 2025 Company: 655 € Industry median: 1 270 €Q4·25Q1 2026 Company: 646 € Industry median: 1 202 €Q2 2026 Company: 1 761 € Industry median: 1 197 €Q2·26Q3 2026 Company: 704 € Industry median: 1 236 €Q3·2605001 0001 5002 000Q4 2024 Company: 536 € Industry median: 1 178 €Q1 2025 Company: 421 € Industry median: 1 177 €Q1·25Q2 2025 Company: 1 044 € Industry median: 1 194 €Q3 2025 Company: 976 € Industry median: 1 250 €Q3·25Q4 2025 Company: 655 € Industry median: 1 270 €Q1 2026 Company: 646 € Industry median: 1 202 €Q1·26Q2 2026 Company: 1 761 € Industry median: 1 197 €Q3 2026 Company: 704 € Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 1 851 € · −64.7% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 855 €Q4·23Q1 2024 Company: 1 257 €Q2 2024 Company: 345 €Q2·24Q3 2024 Company: 2 229 €Q4 2024 Company: 3 698 €Q4·24Q1 2025 Company: 3 286 €Q2 2025 Company: 5 059 €Q2·25Q3 2025 Company: 2 717 €Q4 2025 Company: 1 323 €Q4·25Q1 2026 Company: 2 327 €Q2 2026 Company: 5 247 €Q2·26Q3 2026 Company: 1 851 €Q3·2602 0004 0006 000Q4 2024 Company: 3 698 €Q1 2025 Company: 3 286 €Q1·25Q2 2025 Company: 5 059 €Q3 2025 Company: 2 717 €Q3·25Q4 2025 Company: 1 323 €Q1 2026 Company: 2 327 €Q1·26Q2 2026 Company: 5 247 €Q3 2026 Company: 1 851 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 20 737 1 851 704 1
Q2 2026 28 906 5 247 1 761 1
Q1 2026 27 955 2 327 646 1
Q4 2025 20 717 1 323 655 1
Q3 2025 44 016 2 717 976 1
Q2 2025 34 932 5 059 1 044 1
Q1 2025 23 381 3 286 421 1
Q4 2024 37 104 3 698 536 1
Q3 2024 32 939 2 229 804 1
Q2 2024 17 054 345 366 1
Q1 2024 33 713 1 257 — 1
Q4 2023 12 299 855 — 1
Q3 2023 12 979 1 158 — 1
Q2 2023 16 011 1 776 — 1
Q1 2023 14 497 1 468 — 1
Q4 2022 23 679 1 089 — 1
Q3 2022 7 908 491 — 1
Q2 2022 19 552 1 590 — 1
Q1 2022 12 441 600 — 1
Labour taxes per employee per month
235 €
Turnover per employee in the quarter
20 737 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 111 781 € · +15.2% vs 2024 · industry median 37 328 € · above 73% of the industry
02550751001252016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 40 039 € Industry median: 37 051 €20192020 Company: 37 519 € Industry median: 33 953 €20202021 Company: 57 911 € Industry median: 35 073 €20212022 Company: 58 574 € Industry median: 37 940 €20222023 Company: 53 657 € Industry median: 35 936 €20232024 Company: 97 037 € Industry median: 35 372 €20242025 Company: 111 781 € Industry median: 37 328 €202502550751001252018 Company: — Industry median: —2019 Company: 40 039 € Industry median: 37 051 €20192020 Company: 37 519 € Industry median: 33 953 €2021 Company: 57 911 € Industry median: 35 073 €20212022 Company: 58 574 € Industry median: 37 940 €2023 Company: 53 657 € Industry median: 35 936 €20232024 Company: 97 037 € Industry median: 35 372 €2025 Company: 111 781 € Industry median: 37 328 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 3 618 € · −74.4% vs 2024 · industry median 561 € · above 64% of the industry
-20 000-10 000010 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -8 733 € Industry median: 1 030 €20192020 Company: -10 863 € Industry median: 507 €20202021 Company: -15 599 € Industry median: 785 €20212022 Company: 12 826 € Industry median: 823 €20222023 Company: 6 661 € Industry median: 581 €20232024 Company: 14 158 € Industry median: 432 €20242025 Company: 3 618 € Industry median: 561 €2025-20 000-10 000010 00020 0002018 Company: — Industry median: —2019 Company: -8 733 € Industry median: 1 030 €20192020 Company: -10 863 € Industry median: 507 €2021 Company: -15 599 € Industry median: 785 €20212022 Company: 12 826 € Industry median: 823 €2023 Company: 6 661 € Industry median: 581 €20232024 Company: 14 158 € Industry median: 432 €2025 Company: 3 618 € Industry median: 561 €2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 3.2 % · −11.4 pp vs the year before · industry median 3.9 % · above 48% of the industry
-40-20020402016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -21.8 % Industry median: 5.3 %20192020 Company: -29.0 % Industry median: 4.1 %20202021 Company: -26.9 % Industry median: 4.7 %20212022 Company: 21.9 % Industry median: 4.8 %20222023 Company: 12.4 % Industry median: 4.4 %20232024 Company: 14.6 % Industry median: 3.4 %20242025 Company: 3.2 % Industry median: 3.9 %2025-40-20020402018 Company: — Industry median: —2019 Company: -21.8 % Industry median: 5.3 %20192020 Company: -29.0 % Industry median: 4.1 %2021 Company: -26.9 % Industry median: 4.7 %20212022 Company: 21.9 % Industry median: 4.8 %2023 Company: 12.4 % Industry median: 4.4 %20232024 Company: 14.6 % Industry median: 3.4 %2025 Company: 3.2 % Industry median: 3.9 %2025
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 87 444 € · +41.0% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 53 466 €20192020 Company: 43 211 €20202021 Company: 27 809 €20212022 Company: 33 566 €20222023 Company: 45 185 €20232024 Company: 62 006 €20242025 Company: 87 444 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 53 466 €20192020 Company: 43 211 €2021 Company: 27 809 €20212022 Company: 33 566 €2023 Company: 45 185 €20232024 Company: 62 006 €2025 Company: 87 444 €2025
Equity, € 2025: 43 024 € · +9.2% vs 2024
010 00020 00030 00040 00050 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 32 223 €20192020 Company: 21 360 €20202021 Company: 5 761 €20212022 Company: 18 587 €20222023 Company: 25 248 €20232024 Company: 39 406 €20242025 Company: 43 024 €2025010 00020 00030 00040 00050 0002018 Company: —2019 Company: 32 223 €20192020 Company: 21 360 €2021 Company: 5 761 €20212022 Company: 18 587 €2023 Company: 25 248 €20232024 Company: 39 406 €2025 Company: 43 024 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 1 Industry median: —20172018 Company: 1 Industry median: 220182019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.51.01.52.02018 Company: 1 Industry median: 22019 Company: 1 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Specialised construction activities (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 111 781 3 618 12 081 87 444 43 024 1
2024 97 037 14 158 8 144 62 006 39 406 1
2023 53 657 6 661 0 45 185 25 248 0
2022 58 574 12 826 0 33 566 18 587 0
2021 57 911 -15 599 408 27 809 5 761 1
2020 37 519 -10 863 3 978 43 211 21 360 1
2019 40 039 -8 733 3 400 53 466 32 223 1
2018 — — — — — 1
2017 — — — — — 1
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 0
2012 — — — — — 1
2011 — — — — — 0
2010 — — — — — 0
2009 — — — — — 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
3.2 %
Net profit / revenue
Return on equity (ROE)
8.4 %
Net profit / equity
Return on assets (ROA)
4.1 %
Net profit / assets
Equity ratio
49.2 %
Equity / assets
Debt ratio
50.8 %
Liabilities / assets
Current ratio
2.67
Current assets / current liabilities
Revenue per employee
111 781 €
Revenue / average full-time employees
Labour cost per employee per month
1 007 €
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 17 Aug 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 2 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 8 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 2 Aug 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Jul 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 22 Jul 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 31 Aug 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

Beneficial owners

  • Tiit Adams
    Direct ownership · since 14 Feb 2020

Founders and other persons

  • Kalev Avik
    Founder · 40 000 € · 19 Aug 2008
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 43221Installation, maintenance and repair of heating, ventilation and air conditioning equipment Main
  • 49331On-demand passenger transport service activities by vehicle with driver
Rulings
Number, date Title Deadline State Document
Ä 20042021 / 9
14 Feb 2024
Amendment entry In force
14 Feb 2024
PDF
Ä 20042021 / 8
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 20042021 / 7
28 Feb 2020
Amendment entry In force
28 Feb 2020
PDF
Ä 20042021 / M4
31 Jan 2020
Procedural ruling 14 Feb 2020 Deficiencies eliminated
28 Feb 2020
PDF
Ä 20042021 / 6
18 Jun 2019
Amendment entry In force
18 Jun 2019
PDF
Ä 20042021 / M3
11 Jun 2019
Ruling to eliminate deficiencies 25 Jun 2019 Deficiencies eliminated
18 Jun 2019
PDF
Ä 20042021 / M2
3 Jun 2019
Ruling to eliminate deficiencies 17 Jun 2019 Deficiencies eliminated
18 Jun 2019
PDF
Ä 20042021 / 5
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 20042021 / 4
22 Dec 2017
Amendment entry In force
22 Dec 2017
PDF
Ä 20042021 / 3
4 Dec 2017
Amendment entry In force
4 Dec 2017
PDF
Ä 42021 / 2
30 Oct 2009
Amendment entry In force
30 Oct 2009
PDF
Ä 42021
22 Aug 2008
First entry In force
22 Aug 2008
PDF
Ä 42021 / M1
21 Aug 2008
Ruling to eliminate deficiencies (to be served) Deficiencies eliminated
21 Aug 2008
PDF

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