HQM OÜ is a OÜ based in Tallinn, registry code 16200349, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €589 271 with 2 employees.
Turnover
589 271 €
↑ 66.1%vs Q2 2026
State taxes
38 287 €
↑ 1 229.4%vs Q2 2026
Labour taxes
4 712 €
↑ 1.4%vs Q2 2026
Employees
2
±0vs 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 2026589 271 €
above 98% of companies
industry median 25 252 € · companies in the industry: 4 696
Labour taxes per employee2 356 €
above 82% of companies
industry median 1 211 € · companies in the industry: 4 133
Revenue · 20251.5 mn €
above 98% of companies
industry median 38 239 € · companies in the industry: 7 000
Net profit margin · 20252.6 %
above 47% of companies
industry median 3.5 % · companies in the industry: 5 562
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 589 271 € · +66.1% vs Q2 2026 · industry median 25 252 € · above 98% of the industry
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: 2 356 € · +1.4% vs Q2 2026 · industry median 1 211 € · above 82% of the industry
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.
Revenue, € thousand 2025: 1 470 502 € · +46.7% vs 2024 · industry median 38 239 € · above 98% of the industry
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, € 2025: 37 880 € · +59.1% vs 2024 · industry median 410 € · above 90% of the industry
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: 2.6 % · +0.2 pp vs the year before · industry median 3.5 % · above 47% of the industry
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: 429 449 € · +25.8% vs 2024Equity, € thousand 2025: 185 449 € · +25.7% vs 2024Employees2025: 2 · −50.0% vs 2024 · industry median 2 · above 50% of the industry
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
1 470 502
37 880
59 498
429 449
185 449
2
2024
1 002 625
23 814
94 378
341 259
147 569
4
2023
957 691
64 761
114 702
358 939
123 755
5
2022
842 367
53 899
154 152
104 408
58 994
6
2021
294 199
2 095
29 959
54 997
5 095
4
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
2.6 %
Net profit / revenue
Return on equity (ROE)
20.4 %
Net profit / equity
Return on assets (ROA)
8.8 %
Net profit / assets
Equity ratio
43.2 %
Equity / assets
Debt ratio
56.8 %
Liabilities / assets
Current ratio
1.93
Current assets / current liabilities
Revenue per employee
735 251 €
Revenue / average full-time employees
Labour cost per employee per month
2 479 €
Labour costs / employees / 12 months (incl. employer taxes)
