HMK Medical OÜ

Active Registry code 14987151 OÜ Tallinn Registered 10 Jun 2020
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HMK Medical OÜ is a OÜ based in Tallinn, registry code 14987151, status: active. Main activity: Wholesale of medical appliances and surgical and orthopaedic instruments and devices. According to EMTA, turnover for Q3 2026 was €466 033 with 7 employees.

Turnover
466 033 €
↓ 9.4% vs Q2 2026
State taxes
98 756 €
↓ 10.2% vs Q2 2026
Labour taxes
33 250 €
↑ 7.2% vs Q2 2026
Employees
7
−2 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 466 033 €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 4 750 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2024 1.4 mn €
    industry median 60 216 € · companies in the industry: 10 685
  • Net profit margin · 2024 -7.1 %
    industry median 2.9 % · companies in the industry: 7 870

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 466 033 € · −9.4% vs Q2 2026 · industry median 60 065 € · above 80% of the industry
0200400600800Q4 2023 Company: 356 972 € Industry median: 69 842 €Q4·23Q1 2024 Company: 462 252 € Industry median: 60 423 €Q2 2024 Company: 485 366 € Industry median: 66 207 €Q2·24Q3 2024 Company: 469 903 € Industry median: 63 101 €Q4 2024 Company: 676 218 € Industry median: 65 867 €Q4·24Q1 2025 Company: 704 901 € Industry median: 59 713 €Q2 2025 Company: 574 186 € Industry median: 61 800 €Q2·25Q3 2025 Company: 511 654 € Industry median: 59 911 €Q4 2025 Company: 571 719 € Industry median: 59 583 €Q4·25Q1 2026 Company: 644 668 € Industry median: 53 954 €Q2 2026 Company: 514 448 € Industry median: 61 600 €Q2·26Q3 2026 Company: 466 033 € Industry median: 60 065 €Q3·260200400600800Q4 2024 Company: 676 218 € Industry median: 65 867 €Q1 2025 Company: 704 901 € Industry median: 59 713 €Q1·25Q2 2025 Company: 574 186 € Industry median: 61 800 €Q3 2025 Company: 511 654 € Industry median: 59 911 €Q3·25Q4 2025 Company: 571 719 € Industry median: 59 583 €Q1 2026 Company: 644 668 € Industry median: 53 954 €Q1·26Q2 2026 Company: 514 448 € Industry median: 61 600 €Q3 2026 Company: 466 033 € 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.

Labour taxes per employee, € Q3 2026: 4 750 € · +37.8% vs Q2 2026 · industry median 2 104 € · above 83% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 622 € Industry median: 1 903 €Q4·23Q1 2024 Company: 2 478 € Industry median: 1 948 €Q2 2024 Company: 2 782 € Industry median: 1 960 €Q2·24Q3 2024 Company: 4 061 € Industry median: 2 029 €Q4 2024 Company: 2 702 € Industry median: 2 008 €Q4·24Q1 2025 Company: 2 742 € Industry median: 2 079 €Q2 2025 Company: 2 658 € Industry median: 2 091 €Q2·25Q3 2025 Company: 3 052 € Industry median: 2 158 €Q4 2025 Company: 3 459 € Industry median: 2 169 €Q4·25Q1 2026 Company: 1 926 € Industry median: 2 089 €Q2 2026 Company: 3 448 € Industry median: 2 068 €Q2·26Q3 2026 Company: 4 750 € Industry median: 2 104 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 2 702 € Industry median: 2 008 €Q1 2025 Company: 2 742 € Industry median: 2 079 €Q1·25Q2 2025 Company: 2 658 € Industry median: 2 091 €Q3 2025 Company: 3 052 € Industry median: 2 158 €Q3·25Q4 2025 Company: 3 459 € Industry median: 2 169 €Q1 2026 Company: 1 926 € Industry median: 2 089 €Q1·26Q2 2026 Company: 3 448 € Industry median: 2 068 €Q3 2026 Company: 4 750 € Industry median: 2 104 €Q3·26
  • Company
  • Industry median

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

Employees Q3 2026: 7 · −22.2% vs Q2 2026
0246810Q4 2023 Company: 7Q4·23Q1 2024 Company: 9Q2 2024 Company: 9Q2·24Q3 2024 Company: 7Q4 2024 Company: 8Q4·24Q1 2025 Company: 9Q2 2025 Company: 10Q2·25Q3 2025 Company: 9Q4 2025 Company: 8Q4·25Q1 2026 Company: 9Q2 2026 Company: 9Q2·26Q3 2026 Company: 7Q3·260246810Q4 2024 Company: 8Q1 2025 Company: 9Q1·25Q2 2025 Company: 10Q3 2025 Company: 9Q3·25Q4 2025 Company: 8Q1 2026 Company: 9Q1·26Q2 2026 Company: 9Q3 2026 Company: 7Q3·26
State taxes, € thousand Q3 2026: 98 756 € · −10.2% vs Q2 2026
0255075100125Q4 2023 Company: 57 880 €Q4·23Q1 2024 Company: 71 524 €Q2 2024 Company: 62 181 €Q2·24Q3 2024 Company: 71 519 €Q4 2024 Company: 46 182 €Q4·24Q1 2025 Company: 97 693 €Q2 2025 Company: 90 419 €Q2·25Q3 2025 Company: 72 179 €Q4 2025 Company: 84 135 €Q4·25Q1 2026 Company: 115 011 €Q2 2026 Company: 109 924 €Q2·26Q3 2026 Company: 98 756 €Q3·260255075100125Q4 2024 Company: 46 182 €Q1 2025 Company: 97 693 €Q1·25Q2 2025 Company: 90 419 €Q3 2025 Company: 72 179 €Q3·25Q4 2025 Company: 84 135 €Q1 2026 Company: 115 011 €Q1·26Q2 2026 Company: 109 924 €Q3 2026 Company: 98 756 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 466 033 98 756 33 250 7
Q2 2026 514 448 109 924 31 030 9
Q1 2026 644 668 115 011 17 335 9
Q4 2025 571 719 84 135 27 672 8
Q3 2025 511 654 72 179 27 470 9
Q2 2025 574 186 90 419 26 575 10
Q1 2025 704 901 97 693 24 679 9
Q4 2024 676 218 46 182 21 617 8
Q3 2024 469 903 71 519 28 429 7
Q2 2024 485 366 62 181 25 035 9
Q1 2024 462 252 71 524 22 303 9
Q4 2023 356 972 57 880 18 354 7
Q3 2023 267 451 7 667 18 539 7
Q2 2023 505 124 75 314 22 715 7
Q1 2023 414 288 71 954 25 317 8
Q4 2022 275 026 82 089 21 315 7
Q3 2022 1 315 040 151 605 17 811 6
Q2 2022 950 091 87 290 20 026 7
Q1 2022 1 328 626 66 427 20 623 8
Labour taxes per employee per month
1 583 €
Turnover per employee in the quarter
66 576 €

Q3 2026 · calculated from EMTA data

Financials by year

2020 – 2024
Revenue, € thousand 2024: 1 407 954 € · +22.1% vs 2023 · industry median 60 216 € · above 85% of the industry
01 0002 0003 0002020 Company: 643 898 € Industry median: 67 913 €20202021 Company: 2 691 848 € Industry median: 71 656 €20212022 Company: 2 738 466 € Industry median: 75 397 €20222023 Company: 1 153 366 € Industry median: 63 715 €20232024 Company: 1 407 954 € Industry median: 60 216 €202401 0002 0003 0002020 Company: 643 898 € Industry median: 67 913 €20202021 Company: 2 691 848 € Industry median: 71 656 €2022 Company: 2 738 466 € Industry median: 75 397 €20222023 Company: 1 153 366 € Industry median: 63 715 €2024 Company: 1 407 954 € Industry median: 60 216 €2024
  • 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: -99 768 € · +35.1% vs 2023 · industry median 134 € · above 2% of the industry
-20002004006008002020 Company: 123 868 € Industry median: 906 €20202021 Company: 652 523 € Industry median: 1 415 €20212022 Company: 612 659 € Industry median: 889 €20222023 Company: -153 818 € Industry median: 370 €20232024 Company: -99 768 € Industry median: 134 €2024-20002004006008002020 Company: 123 868 € Industry median: 906 €20202021 Company: 652 523 € Industry median: 1 415 €2022 Company: 612 659 € Industry median: 889 €20222023 Company: -153 818 € Industry median: 370 €2024 Company: -99 768 € Industry median: 134 €2024
  • 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: -7.1 % · +6.3 pp vs the year before · industry median 2.9 % · above 18% of the industry
-20-1001020302020 Company: 19.2 % Industry median: 4.2 %20202021 Company: 24.2 % Industry median: 4.9 %20212022 Company: 22.4 % Industry median: 4.2 %20222023 Company: -13.3 % Industry median: 3.5 %20232024 Company: -7.1 % Industry median: 2.9 %2024-20-1001020302020 Company: 19.2 % Industry median: 4.2 %20202021 Company: 24.2 % Industry median: 4.9 %2022 Company: 22.4 % Industry median: 4.2 %20222023 Company: -13.3 % Industry median: 3.5 %2024 Company: -7.1 % Industry median: 2.9 %2024
  • 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: 649 343 € · +32.0% vs 2023
02004006008002020 Company: 168 090 €20202021 Company: 799 354 €20212022 Company: 672 232 €20222023 Company: 491 856 €20232024 Company: 649 343 €202402004006008002020 Company: 168 090 €20202021 Company: 799 354 €2022 Company: 672 232 €20222023 Company: 491 856 €2024 Company: 649 343 €2024
Equity, € thousand 2024: 138 605 € · −41.9% vs 2023
02004006008002020 Company: 133 868 €20202021 Company: 752 191 €20212022 Company: 581 391 €20222023 Company: 238 372 €20232024 Company: 138 605 €202402004006008002020 Company: 133 868 €20202021 Company: 752 191 €2022 Company: 581 391 €20222023 Company: 238 372 €2024 Company: 138 605 €2024
Employees 2024: 7 · +0.0% vs 2023 · industry median 2 · above 83% of the industry
024682020 Company: 1 Industry median: 220202021 Company: 7 Industry median: 220212022 Company: 7 Industry median: 220222023 Company: 7 Industry median: 220232024 Company: 7 Industry median: 22024024682020 Company: 1 Industry median: 220202021 Company: 7 Industry median: 22022 Company: 7 Industry median: 220222023 Company: 7 Industry median: 22024 Company: 7 Industry median: 22024
  • 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
2024 1 407 954 -99 768 241 668 649 343 138 605 7
2023 1 153 366 -153 818 187 007 491 856 238 372 7
2022 2 738 466 612 659 183 986 672 232 581 391 7
2021 2 691 848 652 523 131 681 799 354 752 191 7
2020 643 898 123 868 3 230 168 090 133 868 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 2024

Net profit margin
-7.1 %
Net profit / revenue
Return on equity (ROE)
-72.0 %
Net profit / equity
Return on assets (ROA)
-15.4 %
Net profit / assets
Equity ratio
21.3 %
Equity / assets
Debt ratio
78.7 %
Liabilities / assets
Current ratio
1.08
Current assets / current liabilities
Revenue per employee
201 136 €
Revenue / average full-time employees
Labour cost per employee per month
2 877 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jan 2024 – 31 Dec 2024 17 Nov 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Nov 2025 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 17 Nov 2025 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 16 May 2022 Company’s own e-Äriregister
2020 10 Jun 2020 – 31 Dec 2020 5 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

Beneficial owners

Founders and other persons

  • Herman Koppel
    Founder · 1 500 € · 9 Jun 2020
  • Karl Jaagup Vahtre
    Founder · 1 500 € · 9 Jun 2020
  • Worldwide OÜ
    Founder · 7 000 € · 9 Jun 2020
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46462Wholesale of medical appliances and surgical and orthopaedic instruments and devices Main
Rulings
Number, date Title Deadline State Document
Ä 50147958 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50147958 / 6
5 May 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
5 May 2023
PDF
Ä 50147958 / 5
30 Jan 2023
Division entry (second, constitutive) In force
30 Jan 2023
PDF
Ä 50147958 / 4
30 Sep 2022
Entry refused: deficiencies not eliminated In force
26 Oct 2022
PDF
Ä 50147958 / M1
8 Sep 2022
Ruling to eliminate deficiencies 28 Sep 2022 In force
8 Sep 2022
PDF
Ä 50147958 / 3
8 Sep 2022
Amendment entry In force
8 Sep 2022
PDF
Ä 50147958 / 2
16 Feb 2021
Amendment under Commercial Code § 525 (2) In force
16 Feb 2021
PDF
Ä 50147958
10 Jun 2020
First entry In force
10 Jun 2020
PDF

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