HARTVAPE OÜ

Active Registry code 14973746 OÜ Tallinn Registered 18 May 2020
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HARTVAPE OÜ is a OÜ based in Tallinn, registry code 14973746, status: active. Main activity: Non-specialised wholesale trade. According to EMTA, turnover for Q3 2026 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Wholesale trade · EMTAK 46

  • Revenue · 2024 1.9 mn €
    industry median 60 216 € · companies in the industry: 10 685
  • Net profit margin · 2024 5.8 %
    industry median 2.9 % · companies in the industry: 7 870

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 60 065 € · above 2% of the industry
0200400600800Q4 2023 Company: 600 943 € Industry median: 69 842 €Q4·23Q1 2024 Company: 624 246 € Industry median: 60 423 €Q2 2024 Company: 699 427 € Industry median: 66 207 €Q2·24Q3 2024 Company: 638 511 € Industry median: 63 101 €Q4 2024 Company: 84 648 € Industry median: 65 867 €Q4·24Q1 2025 Company: 43 120 € Industry median: 59 713 €Q2 2025 Company: 751 628 € Industry median: 61 800 €Q2·25Q3 2025 Company: 11 700 € Industry median: 59 911 €Q4 2025 Company: 140 476 € Industry median: 59 583 €Q4·25Q1 2026 Company: 17 550 € Industry median: 53 954 €Q2 2026 Company: 47 250 € Industry median: 61 600 €Q2·26Q3 2026 Company: 0 € Industry median: 60 065 €Q3·260200400600800Q4 2024 Company: 84 648 € Industry median: 65 867 €Q1 2025 Company: 43 120 € Industry median: 59 713 €Q1·25Q2 2025 Company: 751 628 € Industry median: 61 800 €Q3 2025 Company: 11 700 € Industry median: 59 911 €Q3·25Q4 2025 Company: 140 476 € Industry median: 59 583 €Q1 2026 Company: 17 550 € Industry median: 53 954 €Q1·26Q2 2026 Company: 47 250 € Industry median: 61 600 €Q3 2026 Company: 0 € Industry median: 60 065 €Q3·26
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € thousand Q2 2026: 14 832 € · −88.1% vs Q1 2026
0255075100125Q4 2023 Company: 32 786 €Q4·23Q1 2024 Company: 27 660 €Q2 2024 Company: 22 691 €Q2·24Q3 2024 Company: 35 804 €Q4 2024 Company: —Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 0 €Q2·25Q3 2025 Company: 2 701 €Q4 2025 Company: 4 191 €Q4·25Q1 2026 Company: 124 433 €Q2 2026 Company: 14 832 €Q2·26Q3 2026 Company: —Q3·260255075100125Q4 2024 Company: —Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 0 €Q3 2025 Company: 2 701 €Q3·25Q4 2025 Company: 4 191 €Q1 2026 Company: 124 433 €Q1·26Q2 2026 Company: 14 832 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — — — —
Q2 2026 47 250 14 832 — —
Q1 2026 17 550 124 433 — —
Q4 2025 140 476 4 191 — —
Q3 2025 11 700 2 701 — —
Q2 2025 751 628 — — —
Q1 2025 43 120 — — —
Q4 2024 84 648 — — —
Q3 2024 638 511 35 804 — —
Q2 2024 699 427 22 691 — —
Q1 2024 624 246 27 660 — —
Q4 2023 600 943 32 786 — —
Q3 2023 910 325 51 531 — —
Q2 2023 352 321 20 083 — —
Q1 2023 171 938 — — —
Q4 2022 406 899 3 — —
Q3 2022 677 332 52 003 — —
Q2 2022 258 052 3 270 — —
Q1 2022 110 045 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2024: 1 892 181 € · −6.0% vs 2023 · industry median 60 216 € · above 87% of the industry
05001 0001 5002 0002 5002020 Company: 55 663 € Industry median: 67 913 €20202021 Company: 126 384 € Industry median: 71 656 €20212022 Company: 1 318 770 € Industry median: 75 397 €20222023 Company: 2 012 915 € Industry median: 63 715 €20232024 Company: 1 892 181 € Industry median: 60 216 €20242025 Company: — Industry median: 63 691 €202505001 0001 5002 0002 5002020 Company: 55 663 € Industry median: 67 913 €2021 Company: 126 384 € Industry median: 71 656 €20212022 Company: 1 318 770 € Industry median: 75 397 €2023 Company: 2 012 915 € Industry median: 63 715 €20232024 Company: 1 892 181 € Industry median: 60 216 €2025 Company: — Industry median: 63 691 €2025
  • 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 2024: 108 802 € · −50.3% vs 2023 · industry median 134 € · above 88% of the industry
0501001502002502020 Company: 2 196 € Industry median: 906 €20202021 Company: 99 952 € Industry median: 1 415 €20212022 Company: 174 427 € Industry median: 889 €20222023 Company: 218 901 € Industry median: 370 €20232024 Company: 108 802 € Industry median: 134 €20242025 Company: — Industry median: 127 €20250501001502002502020 Company: 2 196 € Industry median: 906 €2021 Company: 99 952 € Industry median: 1 415 €20212022 Company: 174 427 € Industry median: 889 €2023 Company: 218 901 € Industry median: 370 €20232024 Company: 108 802 € Industry median: 134 €2025 Company: — Industry median: 127 €2025
  • 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, % 2024: 5.8 % · −5.1 pp vs the year before · industry median 2.9 % · above 61% of the industry
0204060802020 Company: 3.9 % Industry median: 4.2 %20202021 Company: 79.1 % Industry median: 4.9 %20212022 Company: 13.2 % Industry median: 4.2 %20222023 Company: 10.9 % Industry median: 3.5 %20232024 Company: 5.8 % Industry median: 2.9 %20242025 Company: — Industry median: 2.7 %20250204060802020 Company: 3.9 % Industry median: 4.2 %2021 Company: 79.1 % Industry median: 4.9 %20212022 Company: 13.2 % Industry median: 4.2 %2023 Company: 10.9 % Industry median: 3.5 %20232024 Company: 5.8 % Industry median: 2.9 %2025 Company: — Industry median: 2.7 %2025
  • Company
  • Industry median

Industry: Wholesale trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2024: 699 718 € · −12.5% vs 2023
02004006008002020 Company: 47 906 €20202021 Company: 138 156 €20212022 Company: 475 690 €20222023 Company: 799 451 €20232024 Company: 699 718 €20242025 Company: —202502004006008002020 Company: 47 906 €2021 Company: 138 156 €20212022 Company: 475 690 €2023 Company: 799 451 €20232024 Company: 699 718 €2025 Company: —2025
Equity, € thousand 2024: 609 278 € · +21.7% vs 2023
02004006008002020 Company: 4 696 €20202021 Company: 104 648 €20212022 Company: 281 575 €20222023 Company: 500 476 €20232024 Company: 609 278 €20242025 Company: —202502004006008002020 Company: 4 696 €2021 Company: 104 648 €20212022 Company: 281 575 €2023 Company: 500 476 €20232024 Company: 609 278 €2025 Company: —2025
Employees 2025: 0 · industry median 2 · above 2% of the industry
0.00.51.01.52.02020 Company: 0 Industry median: 220202021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 220242025 Company: 0 Industry median: 220250.00.51.01.52.02020 Company: 0 Industry median: 22021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 Industry median: 220232024 Company: 0 Industry median: 22025 Company: 0 Industry median: 22025
  • 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 — — — — — 0
2024 1 892 181 108 802 0 699 718 609 278 0
2023 2 012 915 218 901 0 799 451 500 476 0
2022 1 318 770 174 427 0 475 690 281 575 0
2021 126 384 99 952 0 138 156 104 648 0
2020 55 663 2 196 0 47 906 4 696 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 2024

Net profit margin
5.8 %
Net profit / revenue
Return on equity (ROE)
17.9 %
Net profit / equity
Return on assets (ROA)
15.5 %
Net profit / assets
Equity ratio
87.1 %
Equity / assets
Debt ratio
12.9 %
Liabilities / assets
Current ratio
32.92
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 1 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 2 Jul 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 25 Oct 2022 Company’s own e-Äriregister
2020 18 May 2020 – 31 Dec 2020 13 Jul 2021 Company’s own e-Äriregister

Board

Right of representation

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

Owners

  • Royal Assets Limited
    Legal person · 2 500 €
  • TBCO ALTERNATIVES OÜ
    Legal person · 16256368 · 2 500 €

Beneficial owners

  • Francis Anthony Howard
    Member of a senior management body (management or supervisory board) · since 18 May 2020
  • Fred Sellenberg
    Member of a senior management body (management or supervisory board) · since 18 May 2020
  • Roone Roost
    Member of a senior management body (management or supervisory board) · since 18 May 2020

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46901Non-specialised wholesale trade Main
Rulings
Number, date Title Deadline State Document
Ä 50146522 / 6
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50146522 / 5
4 Jul 2022
Amendment entry In force
4 Jul 2022
PDF
Ä 50146522 / M3
14 Jun 2022
Ruling to eliminate deficiencies 29 Jun 2022 Deficiencies eliminated
27 Jun 2022
PDF
Ä 50146522 / M2
10 May 2022
Ruling to eliminate deficiencies 9 Jun 2022 Deficiencies eliminated
27 Jun 2022
PDF
Ä 50146522 / 4
14 Dec 2021
Amendment entry In force
14 Dec 2021
PDF
Ä 50146522 / 3
15 Jul 2021
Entry refused: deficiencies not eliminated In force
30 Jul 2021
PDF
Ä 50146522 / M1
14 Jun 2021
Ruling to eliminate deficiencies 14 Jul 2021 In force
14 Jun 2021
PDF
Ä 50146522 / 2
12 Feb 2021
Amendment entry In force
12 Feb 2021
PDF
Ä 50146522
18 May 2020
First entry In force
18 May 2020
PDF

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