HYCO MARINE OÜ

Active Registry code 11679868 OÜ Tallinn Registered 29 Jun 2009

HYCO MARINE OÜ is a OÜ based in Tallinn, registry code 11679868, status: active. Main activity: Rental and operating of own or leased real estate. According to EMTA, turnover for Q3 2026 was €10 792 with 2 employees.

Turnover

10 792 €

↑ 19.6% vs Q2 2026

State taxes

5 904 €

↓ 0.2% vs Q2 2026

Labour taxes

4 916 €

↑ 5.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Real estate activities · EMTAK 68

Turnover · Q3 2026 10 792 €

above 43% of companies

industry median 15 030 € · companies in the industry: 7 443
Labour taxes per employee 2 458 €

above 89% of companies

industry median 857 € · companies in the industry: 7 261
Revenue · 2025 85 609 €

above 86% of companies

industry median 13 620 € · companies in the industry: 30 471
Net profit margin · 2025 -10.6 %

above 15% of companies

industry median 5.9 % · companies in the industry: 25 043

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 10 792 € · +19.6% vs Q2 2026 · industry median 15 030 € · above 43% of the industry

Company
Industry median

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

Labour taxes per employee, € Q3 2026: 2 458 € · +5.9% vs Q2 2026 · industry median 857 € · above 89% of the industry

Company
Industry median

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

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 5 904 € · −0.2% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	10 792	5 904	4 916	2
Q2 2026	9 025	5 916	4 641	2
Q1 2026	10 842	4 727	2 568	2
Q4 2025	8 945	3 721	1 872	1
Q3 2025	13 255	2 514	1 394	1
Q2 2025	9 737	1 894	1 010	1
Q1 2025	17 170	3 054	1 123	1
Q4 2024	11 921	2 622	1 023	1
Q3 2024	11 929	2 383	1 079	1
Q2 2024	9 636	1 456	1 021	1
Q1 2024	46 390	1 481	1 207	1
Q4 2023	16 165	2 085	1 088	1
Q3 2023	1 866	1 052	1 160	1
Q2 2023	28 213	2 783	1 448	1
Q1 2023	2 164	1 256	1 088	1
Q4 2022	14 975	1 256	1 088	1
Q3 2022	37 433	573	1 042	1
Q2 2022	25 073	8 274	5 616	2
Q1 2022	135 708	6 510	2 134	2

Labour taxes per employee per month

819 €

Turnover per employee in the quarter

5 396 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 85 609 € · +1.9% vs 2024 · industry median 13 620 € · above 86% of the industry

Company
Industry median

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

Net profit, € thousand 2025: -9 116 € · +74.9% vs 2024 · industry median 283 € · above 9% of the industry

Company
Industry median

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

Net profit margin, % 2025: -10.6 % · +32.6 pp vs the year before · industry median 5.9 % · above 15% of the industry

Company
Industry median

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

Assets, € thousand 2025: 236 114 € · −2.3% vs 2024

Equity, € thousand 2025: 173 239 € · −3.8% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry

Company
Industry median

Industry: Real estate 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	85 609	-9 116	16 788	236 114	173 239	1
2024	83 993	-36 289	13 461	241 555	180 063	1
2023	94 079	-47 315	13 776	284 506	216 352	1
2022	111 697	-123 916	26 617	339 368	263 539	1
2021	318 466	-95 644	10 426	719 335	495 152	1
2020	269 518	-38 678	11 595	793 810	590 796	1
2019	630 418	174 324	7 980	699 126	629 474	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	6
2014	—	—	—	—	—	7
2013	—	—	—	—	—	5
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	8

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

-10.6 %

Net profit / revenue

Return on equity (ROE)

-5.3 %

Net profit / equity

Return on assets (ROA)

-3.9 %

Net profit / assets

Equity ratio

73.4 %

Equity / assets

Debt ratio

26.6 %

Liabilities / assets

Current ratio

1.37

Current assets / current liabilities

Revenue per employee

85 609 €

Revenue / average full-time employees

Labour cost per employee per month

1 399 €

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	9 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	25 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	30 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	2 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	8 Sep 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	16 Aug 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	28 Oct 2020	Company’s own	e-Äriregister

Board

Artur Grigortšuk
Board member · since 17 Dec 2010

Right of representation

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

Owners

Valentina Grigortšuk
Natural person · 2 556 €

100%

Owner in

Hyco Eesti OÜ
100%

Beneficial owners

Artur Grigortšuk
Member of a senior management body (management or supervisory board) · since 19 Oct 2018

Founders and other persons

Igor Mondonen
Founder · 40 000 € · 22 Jun 2009

shared board members, owners or beneficial owners

Activities (EMTAK)

68201Rental and operating of own or leased real estate Main
33151Repair and maintenance of civilian ships and boats

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10131253 / M2 8 Jul 2024	Warning of a fine: annual report not filed	7 Aug 2024	Deficiencies eliminated 31 Jul 2024	PDF
Ä 10131253 / 9 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10131253 / 8 13 Apr 2020	Amendment under Commercial Code § 525 (2)		In force 13 Apr 2020	PDF
Ä 10131253 / 7 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10131253 / 6 1 Dec 2017	Amendment entry		In force 1 Dec 2017	PDF
Ä 10131253 / M1 12 Oct 2017	Ruling to correct data outside an entry	27 Oct 2017	Deficiencies eliminated 15 Oct 2017	PDF
Ä 10131253 / 5 16 Sep 2016	Amendment entry		In force 16 Sep 2016	PDF
Ä 10131253 / 4 12 Jan 2012	Amendment entry		In force 12 Jan 2012	PDF
Ä 10131253 / 3 17 Dec 2010	Amendment entry		In force 17 Dec 2010	PDF
Ä 131253 / 2 28 Dec 2009	Amendment entry		In force 28 Dec 2009	PDF
Ä 131253 29 Jun 2009	First entry		In force 29 Jun 2009	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

HYCO MARINE OÜ

Position in the industry Real estate activities · EMTAK 68

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 11