Hiievanake OÜ

Active Registry code 11976649 OÜ Himmaste küla Registered 10 Aug 2010

Hiievanake OÜ is a OÜ based in Himmaste küla, registry code 11976649, status: active. Main activity: Support services to forestry. According to EMTA, turnover for Q3 2026 was €44 542 with 5 employees.

Turnover

44 542 €

↓ 57.9% vs Q2 2026

State taxes

10 031 €

↓ 73.1% vs Q2 2026

Labour taxes

9 737 €

↓ 52.2% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Forestry and logging · EMTAK 02

Turnover · Q3 2026 44 542 €

above 73% of companies

industry median 14 400 € · companies in the industry: 1 834
Labour taxes per employee 1 947 €

above 72% of companies

industry median 1 226 € · companies in the industry: 1 276
Revenue · 2025 363 154 €

above 88% of companies

industry median 29 224 € · companies in the industry: 2 730
Net profit margin · 2025 4.6 %

above 49% of companies

industry median 4.9 % · companies in the industry: 2 137

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 44 542 € · −57.9% vs Q2 2026 · industry median 14 400 € · above 73% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 947 € · −52.2% vs Q2 2026 · industry median 1 226 € · above 72% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 5 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 10 031 € · −73.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	44 542	10 031	9 737	5
Q2 2026	105 839	37 278	20 390	5
Q1 2026	128 082	38 200	17 043	5
Q4 2025	93 098	22 624	14 012	5
Q3 2025	60 012	16 540	8 617	5
Q2 2025	63 640	24 775	17 661	5
Q1 2025	151 024	38 952	15 165	5
Q4 2024	138 691	38 022	15 944	4
Q3 2024	100 938	22 399	9 576	5
Q2 2024	126 389	18 683	8 980	4
Q1 2024	93 560	5 865	3 902	4
Q4 2023	43 700	6 600	3 879	3
Q3 2023	95 929	12 170	2 853	3
Q2 2023	24 121	3 411	3 898	3
Q1 2023	73 223	11 356	3 915	3
Q4 2022	115 661	16 644	3 988	3
Q3 2022	40 960	11 110	3 857	3
Q2 2022	40 888	7 465	4 070	3
Q1 2022	61 955	13 274	5 388	3

Labour taxes per employee per month

649 €

Turnover per employee in the quarter

8 908 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 363 154 € · −29.5% vs 2024 · industry median 29 224 € · above 88% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 16 714 € · −90.1% vs 2024 · industry median 275 € · above 79% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.6 % · −28.1 pp vs the year before · industry median 4.9 % · above 49% of the industry

Company
Industry median

Industry: Forestry and logging (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 506 162 € · +0.5% vs 2024

Equity, € thousand 2025: 449 364 € · +3.9% vs 2024

Employees 2025: 5 · +25.0% vs 2024 · industry median 1 · above 88% of the industry

Company
Industry median

Industry: Forestry and logging (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	363 154	16 714	135 589	506 162	449 364	5
2024	514 831	168 156	117 775	503 842	432 650	4
2023	232 718	-26 194	46 984	280 596	264 494	3
2022	267 443	13 089	47 881	307 465	290 750	3
2021	189 854	-2 941	39 275	303 902	291 661	3
2020	233 814	88 271	32 203	315 426	301 602	4
2019	220 582	105 879	25 327	224 166	214 831	4
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1

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

4.6 %

Net profit / revenue

Return on equity (ROE)

3.7 %

Net profit / equity

Return on assets (ROA)

3.3 %

Net profit / assets

Equity ratio

88.8 %

Equity / assets

Debt ratio

11.2 %

Liabilities / assets

Current ratio

5.41

Current assets / current liabilities

Revenue per employee

72 631 €

Revenue / average full-time employees

Labour cost per employee per month

2 260 €

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	25 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	26 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	26 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	20 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	25 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	8 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	29 Jun 2020	Company’s own	e-Äriregister

Board

Janis Kurvits
Board member · since 10 Aug 2010

Right of representation

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

Owners

Janis Kurvits
Natural person · 2 557 €

100%

Beneficial owners

Janis Kurvits
Direct ownership · since 15 Oct 2018

Founders and other persons

Janis Kurvits
Founder · 40 000 € · 4 Aug 2010

Activities (EMTAK)

02401Support services to forestry Main

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20052985 / 8 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 20052985 / 7 23 Aug 2019	Amendment under Commercial Code § 525 (2)		In force 23 Aug 2019	PDF
Ä 20052985 / M2 31 May 2019	Ruling to correct data outside an entry	30 Jun 2019	In force 31 May 2019	PDF
Ä 20052985 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 20052985 / 5 1 Dec 2017	Amendment entry		In force 1 Dec 2017	PDF
Ä 20052985 / 4 30 Aug 2016	Amendment entry		In force 30 Aug 2016	PDF
Ä 20052985 / 3 27 Sep 2011	Amendment entry		In force 27 Sep 2011	PDF
Ä 20052985 / 2 11 Aug 2010	Amendment entry		In force 11 Aug 2010	PDF
Ä 20052985 10 Aug 2010	First entry		In force 10 Aug 2010	PDF
Ä 20052985 / M1 5 Aug 2010	Ruling to eliminate deficiencies	5 Sep 2010	In force 5 Aug 2010	PDF

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