HKM Majad OÜ

Active Registry code 16010176 OÜ Tallinn Registered 15 Jul 2020
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HKM Majad OÜ is a OÜ based in Tallinn, registry code 16010176, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €41 613 with employees.

Turnover
41 613 €
↑ 33.3% vs Q2 2026
State taxes
2 880 €
↓ 50.2% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 41 613 €
    industry median 25 252 € · companies in the industry: 4 696
  • Revenue · 2025 371 815 €
    industry median 38 239 € · companies in the industry: 6 999
  • Net profit margin · 2025 -31.3 %
    industry median 3.5 % · companies in the industry: 5 561

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 41 613 € · +33.3% vs Q2 2026 · industry median 25 252 € · above 61% of the industry
050100150200Q4 2023 Company: 174 434 € Industry median: 26 427 €Q4·23Q1 2024 Company: 164 999 € Industry median: 19 618 €Q2 2024 Company: 198 281 € Industry median: 21 373 €Q2·24Q3 2024 Company: 132 240 € Industry median: 26 160 €Q4 2024 Company: 151 525 € Industry median: 25 496 €Q4·24Q1 2025 Company: 169 463 € Industry median: 19 568 €Q2 2025 Company: 91 246 € Industry median: 22 577 €Q2·25Q3 2025 Company: 42 005 € Industry median: 25 533 €Q4 2025 Company: 130 738 € Industry median: 25 721 €Q4·25Q1 2026 Company: 0 € Industry median: 20 483 €Q2 2026 Company: 31 210 € Industry median: 22 672 €Q2·26Q3 2026 Company: 41 613 € Industry median: 25 252 €Q3·26050100150200Q4 2024 Company: 151 525 € Industry median: 25 496 €Q1 2025 Company: 169 463 € Industry median: 19 568 €Q1·25Q2 2025 Company: 91 246 € Industry median: 22 577 €Q3 2025 Company: 42 005 € Industry median: 25 533 €Q3·25Q4 2025 Company: 130 738 € Industry median: 25 721 €Q1 2026 Company: 0 € Industry median: 20 483 €Q1·26Q2 2026 Company: 31 210 € Industry median: 22 672 €Q3 2026 Company: 41 613 € Industry median: 25 252 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q3 2026: 2 880 € · −50.2% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 8 173 €Q4·23Q1 2024 Company: 10 434 €Q2 2024 Company: 10 398 €Q2·24Q3 2024 Company: 8 090 €Q4 2024 Company: 8 205 €Q4·24Q1 2025 Company: 3 400 €Q2 2025 Company: 8 162 €Q2·25Q3 2025 Company: 0 €Q4 2025 Company: 6 932 €Q4·25Q1 2026 Company: 43 €Q2 2026 Company: 5 783 €Q2·26Q3 2026 Company: 2 880 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 8 205 €Q1 2025 Company: 3 400 €Q1·25Q2 2025 Company: 8 162 €Q3 2025 Company: 0 €Q3·25Q4 2025 Company: 6 932 €Q1 2026 Company: 43 €Q1·26Q2 2026 Company: 5 783 €Q3 2026 Company: 2 880 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 41 613 2 880 — —
Q2 2026 31 210 5 783 — —
Q1 2026 — 43 — —
Q4 2025 130 738 6 932 2 574 —
Q3 2025 42 005 — — —
Q2 2025 91 246 8 162 — —
Q1 2025 169 463 3 400 — —
Q4 2024 151 525 8 205 — —
Q3 2024 132 240 8 090 — —
Q2 2024 198 281 10 398 — —
Q1 2024 164 999 10 434 — —
Q4 2023 174 434 8 173 — —
Q3 2023 100 782 6 883 — —
Q2 2023 123 756 7 327 — —
Q1 2023 66 413 2 627 — —
Q4 2022 149 589 7 867 — —
Q3 2022 111 602 8 223 — —
Q2 2022 162 589 6 494 — —
Q1 2022 67 042 6 061 — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 371 815 € · −31.5% vs 2024 · industry median 38 239 € · above 86% of the industry
02004006002020 Company: 114 530 € Industry median: 35 421 €20202021 Company: 332 933 € Industry median: 38 300 €20212022 Company: 487 049 € Industry median: 39 550 €20222023 Company: 556 220 € Industry median: 37 270 €20232024 Company: 542 412 € Industry median: 37 693 €20242025 Company: 371 815 € Industry median: 38 239 €202502004006002020 Company: 114 530 € Industry median: 35 421 €2021 Company: 332 933 € Industry median: 38 300 €20212022 Company: 487 049 € Industry median: 39 550 €2023 Company: 556 220 € Industry median: 37 270 €20232024 Company: 542 412 € Industry median: 37 693 €2025 Company: 371 815 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -116 347 € · −1 046.0% vs 2024 · industry median 411 € · above 2% of the industry
-150-100-500502020 Company: 37 228 € Industry median: 281 €20202021 Company: 11 013 € Industry median: 315 €20212022 Company: 33 748 € Industry median: 398 €20222023 Company: 22 338 € Industry median: 253 €20232024 Company: 12 299 € Industry median: 108 €20242025 Company: -116 347 € Industry median: 411 €2025-150-100-500502020 Company: 37 228 € Industry median: 281 €2021 Company: 11 013 € Industry median: 315 €20212022 Company: 33 748 € Industry median: 398 €2023 Company: 22 338 € Industry median: 253 €20232024 Company: 12 299 € Industry median: 108 €2025 Company: -116 347 € Industry median: 411 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -31.3 % · −33.6 pp vs the year before · industry median 3.5 % · above 9% of the industry
-40-20020402020 Company: 32.5 % Industry median: 4.0 %20202021 Company: 3.3 % Industry median: 3.8 %20212022 Company: 6.9 % Industry median: 3.9 %20222023 Company: 4.0 % Industry median: 3.9 %20232024 Company: 2.3 % Industry median: 2.8 %20242025 Company: -31.3 % Industry median: 3.5 %2025-40-20020402020 Company: 32.5 % Industry median: 4.0 %2021 Company: 3.3 % Industry median: 3.8 %20212022 Company: 6.9 % Industry median: 3.9 %2023 Company: 4.0 % Industry median: 3.9 %20232024 Company: 2.3 % Industry median: 2.8 %2025 Company: -31.3 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 505 365 € · +194.1% vs 2024
02004006002020 Company: 51 749 €20202021 Company: 103 586 €20212022 Company: 127 615 €20222023 Company: 186 491 €20232024 Company: 171 837 €20242025 Company: 505 365 €202502004006002020 Company: 51 749 €2021 Company: 103 586 €20212022 Company: 127 615 €2023 Company: 186 491 €20232024 Company: 171 837 €2025 Company: 505 365 €2025
Equity, € thousand 2025: 5 279 € · −95.6% vs 2024
02550751001252020 Company: 37 228 €20202021 Company: 50 741 €20212022 Company: 84 489 €20222023 Company: 106 827 €20232024 Company: 119 126 €20242025 Company: 5 279 €202502550751001252020 Company: 37 228 €2021 Company: 50 741 €20212022 Company: 84 489 €2023 Company: 106 827 €20232024 Company: 119 126 €2025 Company: 5 279 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02020 Company: 1 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02020 Company: 1 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 371 815 -116 347 0 505 365 5 279 1
2024 542 412 12 299 0 171 837 119 126 1
2023 556 220 22 338 0 186 491 106 827 1
2022 487 049 33 748 0 127 615 84 489 1
2021 332 933 11 013 0 103 586 50 741 1
2020 114 530 37 228 0 51 749 37 228 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
-31.3 %
Net profit / revenue
Return on equity (ROE)
-2 204.0 %
Net profit / equity
Return on assets (ROA)
-23.0 %
Net profit / assets
Equity ratio
1.0 %
Equity / assets
Debt ratio
99.0 %
Liabilities / assets
Current ratio
64.98
Current assets / current liabilities
Revenue per employee
371 815 €
Revenue / average full-time employees
Labour cost per employee per month
0 €
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 11 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 26 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 27 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 30 Mar 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 29 Mar 2022 Company’s own e-Äriregister
2020 15 Jul 2020 – 31 Dec 2020 16 Jun 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

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50150396 / 10
18 Mar 2026
Amendment entry In force
18 Mar 2026
PDF
Ä 50150396 / 9
13 Aug 2025
Amendment entry In force
13 Aug 2025
PDF
Ä 50150396 / 8
30 Jul 2025
Amendment entry In force
30 Jul 2025
PDF
Ä 50150396 / 7
10 Jul 2025
Amendment entry In force
10 Jul 2025
PDF
Ä 50150396 / 6
9 Jun 2025
Amendment entry In force
9 Jun 2025
PDF
Ä 50150396 / M1
5 Jun 2025
Ruling to eliminate deficiencies 20 Jun 2025 Deficiencies eliminated
7 Jun 2025
PDF
Ä 50150396 / 5
10 May 2024
Amendment entry In force
10 May 2024
PDF
Ä 50150396 / 4
29 Apr 2024
Amendment entry In force
29 Apr 2024
PDF
Ä 50150396 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50150396 / 2
22 Sep 2021
Amendment entry In force
22 Sep 2021
PDF
Ä 50150396
15 Jul 2020
First entry In force
15 Jul 2020
PDF

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