Hermes KV OÜ

Active Registry code 16188307 OÜ Tartu linn Registered 19 Mar 2021
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Hermes KV OÜ is a OÜ based in Tartu linn, registry code 16188307, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €123 070 with 1 employees.

Turnover
123 070 €
↓ 7.2% vs Q2 2026
State taxes
26 429 €
↑ 4.0% vs Q2 2026
Labour taxes
1 052 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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 123 070 €
    industry median 25 252 € · companies in the industry: 4 696
  • Labour taxes per employee 1 052 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 489 567 €
    industry median 38 239 € · companies in the industry: 7 000
  • Net profit margin · 2025 31.3 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 123 070 € · −7.2% vs Q2 2026 · industry median 25 252 € · above 82% of the industry
050100150Q4 2023 Company: 81 078 € Industry median: 26 427 €Q4·23Q1 2024 Company: 93 316 € Industry median: 19 618 €Q2 2024 Company: 90 494 € Industry median: 21 373 €Q2·24Q3 2024 Company: 90 979 € Industry median: 26 160 €Q4 2024 Company: 114 908 € Industry median: 25 496 €Q4·24Q1 2025 Company: 132 616 € Industry median: 19 568 €Q2 2025 Company: 122 566 € Industry median: 22 577 €Q2·25Q3 2025 Company: 116 913 € Industry median: 25 533 €Q4 2025 Company: 115 190 € Industry median: 25 721 €Q4·25Q1 2026 Company: 127 322 € Industry median: 20 483 €Q2 2026 Company: 132 648 € Industry median: 22 672 €Q2·26Q3 2026 Company: 123 070 € Industry median: 25 252 €Q3·26050100150Q4 2024 Company: 114 908 € Industry median: 25 496 €Q1 2025 Company: 132 616 € Industry median: 19 568 €Q1·25Q2 2025 Company: 122 566 € Industry median: 22 577 €Q3 2025 Company: 116 913 € Industry median: 25 533 €Q3·25Q4 2025 Company: 115 190 € Industry median: 25 721 €Q1 2026 Company: 127 322 € Industry median: 20 483 €Q1·26Q2 2026 Company: 132 648 € Industry median: 22 672 €Q3 2026 Company: 123 070 € 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.

Labour taxes per employee, € Q3 2026: 1 052 € · +0.0% vs Q2 2026 · industry median 1 211 € · above 37% of the industry
05001 0001 500Q4 2023 Company: — Industry median: 1 145 €Q4·23Q1 2024 Company: — Industry median: 1 097 €Q2 2024 Company: — Industry median: 1 083 €Q2·24Q3 2024 Company: — Industry median: 1 142 €Q4 2024 Company: — Industry median: 1 179 €Q4·24Q1 2025 Company: 682 € Industry median: 1 188 €Q2 2025 Company: 1 052 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 052 € Industry median: 1 208 €Q4 2025 Company: 1 052 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 052 € Industry median: 1 183 €Q2 2026 Company: 1 052 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 052 € Industry median: 1 211 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 179 €Q1 2025 Company: 682 € Industry median: 1 188 €Q1·25Q2 2025 Company: 1 052 € Industry median: 1 149 €Q3 2025 Company: 1 052 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 052 € Industry median: 1 254 €Q1 2026 Company: 1 052 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 052 € Industry median: 1 166 €Q3 2026 Company: 1 052 € Industry median: 1 211 €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.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: —Q2·24Q3 2024 Company: —Q4 2024 Company: —Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: —Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 26 429 € · +4.0% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 12 693 €Q4·23Q1 2024 Company: 14 942 €Q2 2024 Company: 17 962 €Q2·24Q3 2024 Company: 16 991 €Q4 2024 Company: 22 313 €Q4·24Q1 2025 Company: 23 402 €Q2 2025 Company: 22 549 €Q2·25Q3 2025 Company: 23 712 €Q4 2025 Company: 23 712 €Q4·25Q1 2026 Company: 23 846 €Q2 2026 Company: 25 413 €Q2·26Q3 2026 Company: 26 429 €Q3·26010 00020 00030 000Q4 2024 Company: 22 313 €Q1 2025 Company: 23 402 €Q1·25Q2 2025 Company: 22 549 €Q3 2025 Company: 23 712 €Q3·25Q4 2025 Company: 23 712 €Q1 2026 Company: 23 846 €Q1·26Q2 2026 Company: 25 413 €Q3 2026 Company: 26 429 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 123 070 26 429 1 052 1
Q2 2026 132 648 25 413 1 052 1
Q1 2026 127 322 23 846 1 052 1
Q4 2025 115 190 23 712 1 052 1
Q3 2025 116 913 23 712 1 052 1
Q2 2025 122 566 22 549 1 052 1
Q1 2025 132 616 23 402 682 1
Q4 2024 114 908 22 313 661 —
Q3 2024 90 979 16 991 — —
Q2 2024 90 494 17 962 — —
Q1 2024 93 316 14 942 — —
Q4 2023 81 078 12 693 — —
Q3 2023 48 591 — — —
Q2 2023 17 508 — — —
Q1 2023 24 502 — — —
Q4 2022 3 778 — — —
Q3 2022 — — — —
Q2 2022 — — — —
Q1 2022 — 273 — —
Labour taxes per employee per month
351 €
Turnover per employee in the quarter
123 070 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € thousand 2025: 489 567 € · +21.3% vs 2024 · industry median 38 239 € · above 89% of the industry
01002003004005002021 Company: 0 € Industry median: 38 277 €20212022 Company: 3 778 € Industry median: 39 545 €20222023 Company: 197 275 € Industry median: 37 262 €20232024 Company: 403 456 € Industry median: 37 686 €20242025 Company: 489 567 € Industry median: 38 239 €202501002003004005002021 Company: 0 € Industry median: 38 277 €20212022 Company: 3 778 € Industry median: 39 545 €2023 Company: 197 275 € Industry median: 37 262 €20232024 Company: 403 456 € Industry median: 37 686 €2025 Company: 489 567 € 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: 153 239 € · +592.0% vs 2024 · industry median 410 € · above 98% of the industry
-10001002003004002021 Company: 357 250 € Industry median: 315 €20212022 Company: 1 453 € Industry median: 398 €20222023 Company: 122 894 € Industry median: 253 €20232024 Company: -31 144 € Industry median: 108 €20242025 Company: 153 239 € Industry median: 410 €2025-10001002003004002021 Company: 357 250 € Industry median: 315 €20212022 Company: 1 453 € Industry median: 398 €2023 Company: 122 894 € Industry median: 253 €20232024 Company: -31 144 € Industry median: 108 €2025 Company: 153 239 € Industry median: 410 €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 % · +39.0 pp vs the year before · industry median 3.5 % · above 86% of the industry
-200204060802021 Company: — Industry median: 3.8 %20212022 Company: 38.5 % Industry median: 3.9 %20222023 Company: 62.3 % Industry median: 3.9 %20232024 Company: -7.7 % Industry median: 2.8 %20242025 Company: 31.3 % Industry median: 3.5 %2025-200204060802021 Company: — Industry median: 3.8 %20212022 Company: 38.5 % Industry median: 3.9 %2023 Company: 62.3 % Industry median: 3.9 %20232024 Company: -7.7 % 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: 5 282 170 € · +0.0% vs 2024
02 0004 0006 0002021 Company: 1 115 618 €20212022 Company: 3 095 761 €20222023 Company: 5 299 834 €20232024 Company: 5 281 373 €20242025 Company: 5 282 170 €202502 0004 0006 0002021 Company: 1 115 618 €20212022 Company: 3 095 761 €2023 Company: 5 299 834 €20232024 Company: 5 281 373 €2025 Company: 5 282 170 €2025
Equity, € thousand 2025: 606 193 € · +33.8% vs 2024
02004006008002021 Company: 359 750 €20212022 Company: 361 203 €20222023 Company: 484 098 €20232024 Company: 452 954 €20242025 Company: 606 193 €202502004006008002021 Company: 359 750 €20212022 Company: 361 203 €2023 Company: 484 098 €20232024 Company: 452 954 €2025 Company: 606 193 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 2 · above 5% of the industry
0.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 1 Industry median: 220250.00.51.01.52.02021 Company: 0 Industry median: 220212022 Company: 0 Industry median: 22023 Company: 0 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 489 567 153 239 9 609 5 282 170 606 193 1
2024 403 456 -31 144 2 342 5 281 373 452 954 1
2023 197 275 122 894 — 5 299 834 484 098 0
2022 3 778 1 453 — 3 095 761 361 203 0
2021 0 357 250 — 1 115 618 359 750 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 2025

Net profit margin
31.3 %
Net profit / revenue
Return on equity (ROE)
25.3 %
Net profit / equity
Return on assets (ROA)
2.9 %
Net profit / assets
Equity ratio
11.5 %
Equity / assets
Debt ratio
88.5 %
Liabilities / assets
Current ratio
0.02
Current assets / current liabilities
Revenue per employee
489 567 €
Revenue / average full-time employees
Labour cost per employee per month
801 €
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 20 May 2026 Company’s own · audited e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 3 Aug 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 22 Dec 2023 Company’s own · audited e-Äriregister
2021 19 Mar 2021 – 31 Dec 2021 17 May 2022 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

  • Andres Metsmägi
    Indirect ownership · since 19 Mar 2021
  • Risto Pintmann
    Member of a senior management body (management or supervisory board) · since 19 Mar 2021

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 50169528 / 6
29 Jul 2024
Amendment entry In force
29 Jul 2024
PDF
Ä 50169528 / M3
17 Jul 2024
Warning of a fine: annual report not filed 16 Aug 2024 Deficiencies eliminated
4 Aug 2024
PDF
Ä 50169528 / 5
21 May 2024
Amendment entry In force
21 May 2024
PDF
Ä 50169528 / M2
15 May 2024
Ruling to eliminate deficiencies 24 Jun 2024 Deficiencies eliminated
20 May 2024
PDF
Ä 50169528 / M1
18 Dec 2023
Warning of a fine: annual report not filed 17 Jan 2024 Deficiencies eliminated
23 Dec 2023
PDF
Ä 50169528 / 4
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50169528 / 3
25 Oct 2021
Amendment entry In force
25 Oct 2021
PDF
Ä 50169528 / 2
25 Oct 2021
Amendment entry In force
25 Oct 2021
PDF
Ä 50169528
19 Mar 2021
First entry In force
19 Mar 2021
PDF

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