Heavy Industry Estonia OÜ

Bankrupt Registry code 12869341 OÜ Tallinn Registered 25 Jun 2015
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Heavy Industry Estonia OÜ is a OÜ based in Tallinn, registry code 12869341, status: bankrupt. Main activity: Machining of metals. According to EMTA, turnover for Q4 2025 was €0 with 4 employees.

Turnover
0 €
State taxes
—
Labour taxes
—
Employees
4
±0 vs Q3 2025

Q4 2025 · data from the Tax and Customs Board (EMTA)

Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25

  • Revenue · 2021 6.2 mn €
    industry median 85 610 € · companies in the industry: 1 611
  • Net profit margin · 2021 -16.5 %
    industry median 4.4 % · companies in the industry: 1 386

Taxes and turnover

Q1 2023 – Q4 2025
Turnover, € thousand Q4 2025: 0 € · industry median 53 452 € · above 2% of the industry
05001 0001 5002 000Q1 2023 Company: 1 052 500 € Industry median: 44 761 €Q1·23Q2 2023 Company: 1 622 187 € Industry median: 50 488 €Q3 2023 Company: 1 847 511 € Industry median: 49 905 €Q3·23Q4 2023 Company: 1 610 378 € Industry median: 47 931 €Q1 2024 Company: 860 386 € Industry median: 39 673 €Q1·24Q2 2024 Company: 1 307 159 € Industry median: 43 108 €Q3 2024 Company: 367 155 € Industry median: 46 432 €Q3·24Q4 2024 Company: 0 € Industry median: 49 785 €Q1 2025 Company: — Industry median: 42 425 €Q1·25Q2 2025 Company: — Industry median: 50 007 €Q3 2025 Company: — Industry median: 48 528 €Q3·25Q4 2025 Company: 0 € Industry median: 53 452 €Q4·2505001 0001 500Q1 2024 Company: 860 386 € Industry median: 39 673 €Q2 2024 Company: 1 307 159 € Industry median: 43 108 €Q2·24Q3 2024 Company: 367 155 € Industry median: 46 432 €Q4 2024 Company: 0 € Industry median: 49 785 €Q4·24Q1 2025 Company: — Industry median: 42 425 €Q2 2025 Company: — Industry median: 50 007 €Q2·25Q3 2025 Company: — Industry median: 48 528 €Q4 2025 Company: 0 € Industry median: 53 452 €Q4·25
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2024: 4 244 € · +7.4% vs Q1 2024 · industry median 1 735 € · above 93% of the industry
02 0004 0006 000Q1 2023 Company: 2 531 € Industry median: 1 666 €Q1·23Q2 2023 Company: 1 934 € Industry median: 1 624 €Q3 2023 Company: 3 726 € Industry median: 1 736 €Q3·23Q4 2023 Company: 5 851 € Industry median: 1 751 €Q1 2024 Company: 3 953 € Industry median: 1 757 €Q1·24Q2 2024 Company: 4 244 € Industry median: 1 735 €Q3 2024 Company: — Industry median: 1 864 €Q3·24Q4 2024 Company: — Industry median: 1 892 €Q1 2025 Company: — Industry median: 1 847 €Q1·25Q2 2025 Company: — Industry median: 1 858 €Q3 2025 Company: — Industry median: 1 902 €Q3·25Q4 2025 Company: — Industry median: 2 028 €Q4·2501 0002 0003 0004 0005 000Q1 2024 Company: 3 953 € Industry median: 1 757 €Q2 2024 Company: 4 244 € Industry median: 1 735 €Q2·24Q3 2024 Company: — Industry median: 1 864 €Q4 2024 Company: — Industry median: 1 892 €Q4·24Q1 2025 Company: — Industry median: 1 847 €Q2 2025 Company: — Industry median: 1 858 €Q2·25Q3 2025 Company: — Industry median: 1 902 €Q4 2025 Company: — Industry median: 2 028 €Q4·25
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q4 2025: 4 · +0.0% vs Q3 2025
010203040Q1 2023 Company: 32Q1·23Q2 2023 Company: 37Q3 2023 Company: 36Q3·23Q4 2023 Company: 34Q1 2024 Company: 34Q1·24Q2 2024 Company: 33Q3 2024 Company: 4Q3·24Q4 2024 Company: 4Q1 2025 Company: 4Q1·25Q2 2025 Company: 4Q3 2025 Company: 4Q3·25Q4 2025 Company: 4Q4·25010203040Q1 2024 Company: 34Q2 2024 Company: 33Q2·24Q3 2024 Company: 4Q4 2024 Company: 4Q4·24Q1 2025 Company: 4Q2 2025 Company: 4Q2·25Q3 2025 Company: 4Q4 2025 Company: 4Q4·25
State taxes, € thousand Q2 2024: 134 821 € · +6.6% vs Q1 2024
050100150200Q1 2023 Company: 77 080 €Q1·23Q2 2023 Company: 36 024 €Q3 2023 Company: 125 715 €Q3·23Q4 2023 Company: 190 421 €Q1 2024 Company: 126 506 €Q1·24Q2 2024 Company: 134 821 €Q3 2024 Company: —Q3·24Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: —Q3 2025 Company: —Q3·25Q4 2025 Company: —Q4·25050100150Q1 2024 Company: 126 506 €Q2 2024 Company: 134 821 €Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: —Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q4 2025 — — — 4
Q3 2025 — — — 4
Q2 2025 — — — 4
Q1 2025 — — — 4
Q4 2024 — — — 4
Q3 2024 367 155 — — 4
Q2 2024 1 307 159 134 821 140 059 33
Q1 2024 860 386 126 506 134 394 34
Q4 2023 1 610 378 190 421 198 943 34
Q3 2023 1 847 511 125 715 134 121 36
Q2 2023 1 622 187 36 024 71 543 37
Q1 2023 1 052 500 77 080 80 985 32
Q4 2022 956 151 100 352 109 176 36
Q3 2022 2 024 960 200 784 208 871 41
Q2 2022 1 644 471 215 516 200 492 41
Q1 2022 2 533 283 128 776 133 633 50
Turnover per employee in the quarter
0 €

Q4 2025 · calculated from EMTA data

Financials by year

2015 – 2021
Revenue, € thousand 2021: 6 217 771 € · +76.2% vs 2020 · industry median 85 610 € · above 98% of the industry
02 0004 0006 0008 0002015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 983 447 € Industry median: 87 578 €20192020 Company: 3 528 682 € Industry median: 80 652 €20202021 Company: 6 217 771 € Industry median: 85 610 €202102 0004 0006 0008 0002015 Company: — Industry median: —20152016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 983 447 € Industry median: 87 578 €20192020 Company: 3 528 682 € Industry median: 80 652 €2021 Company: 6 217 771 € Industry median: 85 610 €2021
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2021: -1 025 998 € · −15.2% vs 2020 · industry median 2 495 € · above 2% of the industry
-1 250-1 000-750-500-25002502015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 101 178 € Industry median: 3 345 €20192020 Company: -890 464 € Industry median: 1 618 €20202021 Company: -1 025 998 € Industry median: 2 495 €2021-1 250-1 000-750-500-25002502015 Company: — Industry median: —20152016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 101 178 € Industry median: 3 345 €20192020 Company: -890 464 € Industry median: 1 618 €2021 Company: -1 025 998 € Industry median: 2 495 €2021
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2021: -16.5 % · +8.7 pp vs the year before · industry median 4.4 % · above 9% of the industry
-30-20-10010202015 Company: — Industry median: —20152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 10.3 % Industry median: 4.9 %20192020 Company: -25.2 % Industry median: 3.7 %20202021 Company: -16.5 % Industry median: 4.4 %2021-30-20-10010202015 Company: — Industry median: —20152016 Company: — Industry median: —2017 Company: — Industry median: —20172018 Company: — Industry median: —2019 Company: 10.3 % Industry median: 4.9 %20192020 Company: -25.2 % Industry median: 3.7 %2021 Company: -16.5 % Industry median: 4.4 %2021
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2021: 1 992 908 € · +64.5% vs 2020
05001 0001 5002 0002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 1 194 359 €20192020 Company: 1 211 722 €20202021 Company: 1 992 908 €202105001 0001 5002 0002015 Company: —20152016 Company: —2017 Company: —20172018 Company: —2019 Company: 1 194 359 €20192020 Company: 1 211 722 €2021 Company: 1 992 908 €2021
Equity, € thousand 2021: -291 563 € · −224.0% vs 2020
-500-25002505007501 0002015 Company: —20152016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 775 689 €20192020 Company: 235 225 €20202021 Company: -291 563 €2021-500-25002505007501 0002015 Company: —20152016 Company: —2017 Company: —20172018 Company: —2019 Company: 775 689 €20192020 Company: 235 225 €2021 Company: -291 563 €2021
Employees 2021: 49 · +19.5% vs 2020 · industry median 3 · above 98% of the industry
010203040502015 Company: 0 Industry median: —20152016 Company: 1 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 420182019 Company: 6 Industry median: 320192020 Company: 41 Industry median: 320202021 Company: 49 Industry median: 32021010203040502015 Company: 0 Industry median: —20152016 Company: 1 Industry median: —2017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 42019 Company: 6 Industry median: 320192020 Company: 41 Industry median: 32021 Company: 49 Industry median: 32021
  • Company
  • Industry median

Industry: Manufacture of fabricated metal products, except machinery and equipment (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
2021 6 217 771 -1 025 998 2 141 398 1 992 908 -291 563 49
2020 3 528 682 -890 464 1 349 529 1 211 722 235 225 41
2019 983 447 101 178 354 690 1 194 359 775 689 6
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 1
2015 — — — — — 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 2021

Net profit margin
-16.5 %
Net profit / revenue
Return on assets (ROA)
-51.5 %
Net profit / assets
Equity ratio
-14.6 %
Equity / assets
Debt ratio
114.6 %
Liabilities / assets
Current ratio
0.67
Current assets / current liabilities
Revenue per employee
126 893 €
Revenue / average full-time employees
Labour cost per employee per month
3 642 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2021 1 Jan 2021 – 31 Dec 2021 23 Nov 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 29 Apr 2022 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 18 May 2020 Company’s own e-Äriregister

Commercial pledges

No. Amount Pledgee Period
1 1 100 000 € BRE Estonia OÜ 29 Apr 2020 – in force

Board

  • André Tedre
    Board member · since 26 Sep 2024
  • Nasdaq CSD SE
    Keeper of the share register · since 21 Oct 2021
  • Kristjan Aava
    Bankruptcy trustee · since 4 Nov 2024

Right of representation

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

Owners

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 25621Machining of metals Main

History of changes

What Value Period
Status Bankrupt 4 Nov 2024 – now
Status Active 25 Jun 2015 – now
Rulings
Number, date Title Deadline State Document
Ä 50010325 / 15
4 Nov 2024
Bankruptcy declared In force
4 Nov 2024
PDF
K 50010325 / 14
9 Oct 2024
Commercial pledge amended In force
9 Oct 2024
PDF
Ä 50010325 / 13
26 Sep 2024
Amendment entry In force
26 Sep 2024
PDF
Ä 50010325 / M7
9 Aug 2024
Warning of a fine: annual report not filed In force
14 Aug 2024
PDF
Ä 50010325 / M6
23 Apr 2024
Repeated fine for not filing the report 24 May 2024 In force
25 May 2024
PDF
Ä 50010325 / M5
12 Jan 2024
Fine for not filing the report 16 Feb 2024 In force
17 Feb 2024
PDF
Ä 50010325 / M4
25 Nov 2023
Warning of a fine: annual report not filed 25 Dec 2023 In force
25 Nov 2023
PDF
Ä 50010325 / 12
25 Oct 2023
Amendment entry In force
25 Oct 2023
PDF
Ä 50010325 / 11
23 Nov 2022
Amendment entry In force
23 Nov 2022
PDF
Ä 50010325 / 10
29 Apr 2022
Amendment entry In force
29 Apr 2022
PDF
Ä 50010325 / 9
30 Mar 2022
Amendment entry In force
30 Mar 2022
PDF
Ä 50010325 / 8
30 Dec 2021
Amendment entry In force
30 Dec 2021
PDF
Ä 50010325 / 7
21 Oct 2021
Amendment entry In force
21 Oct 2021
PDF
K 50010325 / 6
29 Apr 2020
Commercial pledge entered In force
29 Apr 2020
PDF
K 50010325 / M3
24 Apr 2020
Procedural ruling 4 May 2020 Deficiencies eliminated
29 Apr 2020
PDF
Ä 50010325 / 5
17 Apr 2019
Amendment entry In force
17 Apr 2019
PDF
Ä 50010325 / M2
12 Apr 2019
Ruling to eliminate deficiencies 2 May 2019 Deficiencies eliminated
17 Apr 2019
PDF
Ä 50010325 / M1
9 Apr 2018
Warning of deletion from the register: annual report not filed 9 Oct 2018 Deficiencies eliminated
18 Jun 2018
PDF
Ä 50010325 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 50010325 / 3
10 Dec 2017
Amendment entry In force
10 Dec 2017
PDF
Ä 50010325 / 2
12 Dec 2016
Amendment under Commercial Code § 525 (2) In force
12 Dec 2016
PDF
Ä 50010325
25 Jun 2015
First entry In force
25 Jun 2015
PDF

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