HVK Business OÜ is a OÜ based in Tallinn, registry code 11638088, status: active. Main activity: Activities of agents involved in non-specialised wholesale. According to EMTA, turnover for Q3 2026 was €16 571 with employees.
Turnover
16 571 €
↓ 81.5%vs Q2 2026
State taxes
158 €
↓ 17.7%vs Q2 2026
Labour taxes
158 €
↓ 16.8%vs Q2 2026
Employees
—
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Wholesale trade · EMTAK 46
Turnover · Q3 202616 571 €
above 31% of companies
industry median 60 065 € · companies in the industry: 6 941
Revenue · 2025132 517 €
above 58% of companies
industry median 63 691 € · companies in the industry: 10 038
Net profit margin · 2025-125.4 %
above 2% of companies
industry median 2.7 % · companies in the industry: 7 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 16 571 € · −81.5% vs Q2 2026 · industry median 60 065 € · above 31% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q2 2026: 190 € · +74.3% vs Q1 2026 · industry median 2 068 € · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ2 2026: 1 · +0.0% vs Q1 2026State taxes, € Q3 2026: 158 € · −17.7% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
16 571
158
158
—
Q2 2026
89 379
192
190
1
Q1 2026
55 617
109
109
1
Q4 2025
109 103
198
89
1
Q3 2025
60 778
8 506
1 949
1
Q2 2025
41 816
1 123
247
1
Q1 2025
12 258
983
208
1
Q4 2024
24 968
1 341
718
1
Q3 2024
32 942
2 236
1 692
1
Q2 2024
152 367
3 444
4 039
1
Q1 2024
206 572
7 118
7 500
3
Q4 2023
267 324
11 450
12 104
3
Q3 2023
330 835
2 665
2 836
3
Q2 2023
441 944
9 078
8 988
3
Q1 2023
599 444
—
8 312
4
Q4 2022
743 913
4 281
10 071
3
Q3 2022
371 169
16 074
17 458
3
Q2 2022
497 064
14 577
15 653
4
Q1 2022
354 140
9 221
9 960
4
Financials by year
2016 – 2025
Revenue, € thousand 2025: 132 517 € · +107.4% vs 2024 · industry median 63 691 € · above 58% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € thousand 2025: -166 210 € · −96.1% vs 2024 · industry median 127 € · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -125.4 % · +7.2 pp vs the year before · industry median 2.7 % · above 2% of the industry
Company
Industry median
Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 809 212 € · −18.4% vs 2024Equity, € thousand 2025: 368 597 € · −31.1% vs 2024Employees2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
Company
Industry median
Industry: Wholesale trade (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
132 517
-166 210
3 269
809 212
368 597
1
2024
63 894
-84 743
10 748
991 769
534 807
1
2023
709 861
-73 188
77 795
803 142
559 400
3
2022
1 000 541
-256 981
133 077
606 433
493 388
3
2021
705 098
-63 066
57 303
243 162
160 558
4
2020
776 202
26 125
21 381
150 198
29 409
1
2019
1 147 953
-17 986
30 535
153 786
3 284
1
2018
—
—
—
—
—
2
2017
—
—
—
—
—
2
2016
—
—
—
—
—
0
2015
—
—
—
—
—
0
2014
—
—
—
—
—
0
2013
—
—
—
—
—
0
2012
—
—
—
—
—
0
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
-125.4 %
Net profit / revenue
Return on equity (ROE)
-45.1 %
Net profit / equity
Return on assets (ROA)
-20.5 %
Net profit / assets
Equity ratio
45.6 %
Equity / assets
Debt ratio
54.4 %
Liabilities / assets
Current ratio
11.95
Current assets / current liabilities
Revenue per employee
132 517 €
Revenue / average full-time employees
Labour cost per employee per month
272 €
Labour costs / employees / 12 months (incl. employer taxes)
