BHG Finance OÜ
Active Registry code 11880562
OÜ Tallinn Registered 21 Jan 2010
BHG Finance OÜ is a OÜ based in Tallinn, registry code 11880562, status: active. Main activity: Electricity production from solar energy. Its annual report for 2025 shows revenue of €4 042 and 0 employees.
Turnover
—
State taxes
3 021 €
↑ 60 320.0% vs Q1 2026
Labour taxes
0 €
Employees
—
Q2 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Revenue · 2025 4 042 €above 54% of companiesindustry median 3 747 € · companies in the industry: 1 008
- Net profit margin · 2025 -7 600.5 %above 2% of companiesindustry median 3.6 % · companies in the industry: 693
Taxes and turnover
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q2 2026 | — | 3 021 | — | — |
| Q1 2026 | — | 5 | — | — |
| Q4 2025 | — | 2 346 | — | — |
| Q2 2025 | — | 2 569 | — | — |
| Q1 2025 | — | 269 | — | — |
| Q4 2024 | — | 2 021 | — | — |
| Q2 2024 | — | 2 382 | — | — |
| Q4 2023 | — | 1 450 | — | — |
| Q2 2023 | — | 1 596 | — | — |
| Q4 2022 | — | 1 262 | — | — |
| Q2 2022 | — | 1 399 | — | — |
| Q1 2022 | — | 4 | — | — |
Financials by year
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Electricity, gas, steam and air conditioning supply (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 | 4 042 | -307 213 | 0 | 6 289 316 | 1 860 400 | 0 |
| 2024 | 6 129 | 366 814 | 0 | 5 970 335 | 2 167 613 | 0 |
| 2023 | 6 769 | -176 874 | 0 | 5 513 859 | 1 800 799 | 0 |
| 2022 | 13 788 | -173 441 | 0 | 4 745 828 | 1 977 673 | 0 |
| 2021 | 32 249 | -96 284 | — | 4 302 017 | 2 151 115 | 0 |
| 2020 | 5 135 | -1 320 894 | — | 4 174 788 | 2 147 399 | 0 |
| 2019 | 857 000 | 242 738 | 0 | 4 313 415 | 730 943 | 0 |
| 2018 | — | — | — | — | — | 0 |
| 2017 | — | — | — | — | — | 0 |
| 2016 | — | — | — | — | — | 0 |
| 2015 | — | — | — | — | — | 0 |
| 2014 | — | — | — | — | — | 0 |
| 2013 | — | — | — | — | — | 0 |
| 2012 | — | — | — | — | — | 0 |
| 2011 | — | — | — | — | — | 0 |
| 2010 | — | — | — | — | — | 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
-7 600.5 %
Net profit / revenue
Return on equity (ROE)
-16.5 %
Net profit / equity
Return on assets (ROA)
-4.9 %
Net profit / assets
Equity ratio
29.6 %
Equity / assets
Debt ratio
70.4 %
Liabilities / assets
Current ratio
0.75
Current assets / current liabilities
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 20 Jul 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 20 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 20 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 20 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 19 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 18 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 14 Oct 2020 | Company’s own · audited | e-Äriregister |
Board
- Aivar RaudsikBoard member · since 10 Dec 2025
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Osaühing ADV HoldingsLegal person · 11302773 · 5 000 €
Owner in
- 50%
- 31.93%
- 50%
Beneficial owners
- Sten TikkControl by other means (contractual, family or other ties) · since 16 Mar 2026
Founders and other persons
- Reigo MarosovFounder · 40 000 € · 20 Jan 2010
Related companies
Activities (EMTAK)
- 35123Electricity production from solar energy Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10142133 / 16 8 May 2026 |
Division entry (second, constitutive) | In force 8 May 2026 |
||
| Ä 10142133 / M12 6 May 2026 |
Ruling to eliminate deficiencies | 21 May 2026 | Deficiencies eliminated 8 May 2026 |
|
| Ä 10142133 / M11 16 Feb 2026 |
Warning of a fine: annual report not filed | 18 Mar 2026 | Deficiencies eliminated 21 Mar 2026 |
|
| Ä 10142133 / 15 10 Dec 2025 |
Entry refused | In force 14 Jan 2026 |
||
| Ä 10142133 / 14 10 Dec 2025 |
Amendment entry | In force 10 Dec 2025 |
||
| Ä 10142133 / M10 2 Dec 2025 |
Ruling to eliminate deficiencies | 23 Dec 2025 | In force 14 Jan 2026 |
|
| Ä 10142133 / M9 4 Nov 2024 |
Fine for not filing the report | 19 Nov 2024 | In force 23 Nov 2024 |
|
| Ä 10142133 / M8 11 Sep 2024 |
Warning of a fine: annual report not filed | 27 Oct 2024 | In force 27 Sep 2024 |
|
| Ä 10142133 / M7 2 Aug 2024 |
Repeated fine for not filing the report | 24 Aug 2024 | In force 2 Sep 2024 |
|
| Ä 10142133 / M6 29 Jan 2024 |
Repeated fine for not filing the report | 23 Feb 2024 | In force 24 Feb 2024 |
|
| Ä 10142133 / M5 7 Nov 2023 |
Fine for not filing the report | 22 Nov 2023 | In force 23 Nov 2023 |
|
| Ä 10142133 / M4 28 Sep 2023 |
Warning of a fine: annual report not filed | 28 Oct 2023 | In force 28 Sep 2023 |
|
| Ä 10142133 / 13 2 Sep 2023 |
Amendment entry | In force 2 Sep 2023 |
||
| Ä 10142133 / 12 13 Oct 2021 |
Amendment entry | In force 13 Oct 2021 |
||
| Ä 10142133 / 11 2 Mar 2021 |
Second (constitutive) merger entry | In force 2 Mar 2021 |
||
| Ä 10142133 / M3 16 Feb 2021 |
Ruling to eliminate deficiencies | 26 Feb 2021 | In force 16 Feb 2021 |
|
| Ä 10142133 / 10 31 Aug 2018 |
Amendment under Commercial Code § 525 (2) | In force 31 Aug 2018 |
||
| Ä 10142133 / 9 20 Apr 2018 |
Amendment entry | In force 20 Apr 2018 |
||
| Ä 10142133 / M2 11 Apr 2018 |
Procedural ruling | In force 11 Apr 2018 |
||
| Ä 10142133 / 8 17 Jan 2018 |
Amendment entry | In force 17 Jan 2018 |
||
| Ä 10142133 / 7 1 Dec 2017 |
Amendment entry | In force 1 Dec 2017 |
||
| Ä 10142133 / 6 8 Sep 2016 |
Amendment entry | In force 8 Sep 2016 |
||
| Ä 10142133 / 5 30 May 2016 |
Amendment entry | In force 30 May 2016 |
||
| Ä 10142133 / 4 22 Sep 2014 |
Amendment entry | In force 22 Sep 2014 |
||
| Ä 10142133 / M1 5 Sep 2014 |
Ruling to eliminate deficiencies | 5 Oct 2014 | Deficiencies eliminated 15 Sep 2014 |
|
| Ä 10142133 / 3 31 Jan 2012 |
Amendment entry | In force 31 Jan 2012 |
||
| Ä 10142133 / 2 30 Sep 2010 |
Amendment under Commercial Code § 525 (2) | In force 30 Sep 2010 |
||
| Ä 142133 21 Jan 2010 |
First entry | In force 21 Jan 2010 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data