HVA OÜ

Active Registry code 16237738 OÜ Tartu linn Registered 25 May 2021
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HVA OÜ is a OÜ based in Tartu linn, registry code 16237738, status: active. Main activity: Other specialised construction activities. According to EMTA, turnover for Q3 2026 was €40 778 with employees.

Turnover
40 778 €
↑ 158.1% vs Q2 2026
State taxes
4 119 €
↑ 96.1% vs Q2 2026
Labour taxes
0 €
Employees
—

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

Position in the industry Specialised construction activities · EMTAK 43

  • Turnover · Q3 2026 40 778 €
    industry median 23 017 € · companies in the industry: 6 974
  • Revenue · 2025 120 872 €
    industry median 37 328 € · companies in the industry: 10 311
  • Net profit margin · 2025 -6.4 %
    industry median 3.9 % · companies in the industry: 8 588

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 40 778 € · +158.1% vs Q2 2026 · industry median 23 017 € · above 66% of the industry
020 00040 00060 000Q4 2023 Company: 39 152 € Industry median: 23 403 €Q4·23Q1 2024 Company: 23 085 € Industry median: 16 922 €Q2 2024 Company: 22 757 € Industry median: 18 660 €Q2·24Q3 2024 Company: 30 609 € Industry median: 21 547 €Q4 2024 Company: 33 479 € Industry median: 23 300 €Q4·24Q1 2025 Company: 52 728 € Industry median: 17 914 €Q2 2025 Company: 20 362 € Industry median: 20 215 €Q2·25Q3 2025 Company: 44 053 € Industry median: 22 700 €Q4 2025 Company: 20 865 € Industry median: 23 111 €Q4·25Q1 2026 Company: 8 455 € Industry median: 17 425 €Q2 2026 Company: 15 802 € Industry median: 20 462 €Q2·26Q3 2026 Company: 40 778 € Industry median: 23 017 €Q3·26020 00040 00060 000Q4 2024 Company: 33 479 € Industry median: 23 300 €Q1 2025 Company: 52 728 € Industry median: 17 914 €Q1·25Q2 2025 Company: 20 362 € Industry median: 20 215 €Q3 2025 Company: 44 053 € Industry median: 22 700 €Q3·25Q4 2025 Company: 20 865 € Industry median: 23 111 €Q1 2026 Company: 8 455 € Industry median: 17 425 €Q1·26Q2 2026 Company: 15 802 € Industry median: 20 462 €Q3 2026 Company: 40 778 € Industry median: 23 017 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2025: 751 € · industry median 1 250 € · above 20% of the industry
05001 0001 500Q4 2023 Company: 735 € Industry median: 1 123 €Q4·23Q1 2024 Company: 713 € Industry median: 1 105 €Q2 2024 Company: 840 € Industry median: 1 083 €Q2·24Q3 2024 Company: 776 € Industry median: 1 141 €Q4 2024 Company: — Industry median: 1 178 €Q4·24Q1 2025 Company: — Industry median: 1 177 €Q2 2025 Company: 0 € Industry median: 1 194 €Q2·25Q3 2025 Company: 751 € Industry median: 1 250 €Q4 2025 Company: — Industry median: 1 270 €Q4·25Q1 2026 Company: — Industry median: 1 202 €Q2 2026 Company: — Industry median: 1 197 €Q2·26Q3 2026 Company: — Industry median: 1 236 €Q3·2605001 0001 500Q4 2024 Company: — Industry median: 1 178 €Q1 2025 Company: — Industry median: 1 177 €Q1·25Q2 2025 Company: 0 € Industry median: 1 194 €Q3 2025 Company: 751 € Industry median: 1 250 €Q3·25Q4 2025 Company: — Industry median: 1 270 €Q1 2026 Company: — Industry median: 1 202 €Q1·26Q2 2026 Company: — Industry median: 1 197 €Q3 2026 Company: — Industry median: 1 236 €Q3·26
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2025: 1 · +0.0% vs Q2 2025
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: —Q4·24Q1 2025 Company: —Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: —Q4·25Q1 2026 Company: —Q2 2026 Company: —Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: —Q1 2025 Company: —Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: —Q1 2026 Company: —Q1·26Q2 2026 Company: —Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 4 119 € · +96.1% vs Q2 2026
02 0004 0006 0008 000Q4 2023 Company: 3 477 €Q4·23Q1 2024 Company: 2 324 €Q2 2024 Company: 2 466 €Q2·24Q3 2024 Company: 3 839 €Q4 2024 Company: 2 326 €Q4·24Q1 2025 Company: 0 €Q2 2025 Company: 2 156 €Q2·25Q3 2025 Company: 6 161 €Q4 2025 Company: 1 724 €Q4·25Q1 2026 Company: 1 892 €Q2 2026 Company: 2 100 €Q2·26Q3 2026 Company: 4 119 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 2 326 €Q1 2025 Company: 0 €Q1·25Q2 2025 Company: 2 156 €Q3 2025 Company: 6 161 €Q3·25Q4 2025 Company: 1 724 €Q1 2026 Company: 1 892 €Q1·26Q2 2026 Company: 2 100 €Q3 2026 Company: 4 119 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 40 778 4 119 — —
Q2 2026 15 802 2 100 — —
Q1 2026 8 455 1 892 — —
Q4 2025 20 865 1 724 1 126 —
Q3 2025 44 053 6 161 751 1
Q2 2025 20 362 2 156 — 1
Q1 2025 52 728 — — —
Q4 2024 33 479 2 326 553 —
Q3 2024 30 609 3 839 776 1
Q2 2024 22 757 2 466 840 1
Q1 2024 23 085 2 324 713 1
Q4 2023 39 152 3 477 735 1
Q3 2023 30 607 3 999 1 114 1
Q2 2023 17 599 2 230 1 304 1
Q1 2023 7 789 1 881 1 357 1
Q4 2022 21 098 2 456 488 1
Q3 2022 29 093 2 619 — —
Q2 2022 46 224 3 963 — —
Q1 2022 19 230 2 028 — —

Financials by year

2022 – 2026
Revenue, € thousand 2025: 120 872 € · +27.8% vs 2024 · industry median 37 328 € · above 74% of the industry
02550751001252022 Company: 62 159 € Industry median: 37 940 €20222023 Company: 46 679 € Industry median: 35 936 €20232024 Company: 94 600 € Industry median: 35 372 €20242025 Company: 120 872 € Industry median: 37 328 €20252026 Company: — Industry median: 32 634 €202602550751001252022 Company: 62 159 € Industry median: 37 940 €20222023 Company: 46 679 € Industry median: 35 936 €2024 Company: 94 600 € Industry median: 35 372 €20242025 Company: 120 872 € Industry median: 37 328 €2026 Company: — Industry median: 32 634 €2026
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -7 722 € · −698.6% vs 2024 · industry median 561 € · above 10% of the industry
-10 000-5 00005 00010 00015 0002022 Company: 13 596 € Industry median: 823 €20222023 Company: -4 462 € Industry median: 581 €20232024 Company: -967 € Industry median: 432 €20242025 Company: -7 722 € Industry median: 561 €20252026 Company: — Industry median: 400 €2026-10 000-5 00005 00010 00015 0002022 Company: 13 596 € Industry median: 823 €20222023 Company: -4 462 € Industry median: 581 €2024 Company: -967 € Industry median: 432 €20242025 Company: -7 722 € Industry median: 561 €2026 Company: — Industry median: 400 €2026
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -6.4 % · −5.4 pp vs the year before · industry median 3.9 % · above 19% of the industry
-1001020302022 Company: 21.9 % Industry median: 4.8 %20222023 Company: -9.6 % Industry median: 4.4 %20232024 Company: -1.0 % Industry median: 3.4 %20242025 Company: -6.4 % Industry median: 3.9 %20252026 Company: — Industry median: 5.9 %2026-1001020302022 Company: 21.9 % Industry median: 4.8 %20222023 Company: -9.6 % Industry median: 4.4 %2024 Company: -1.0 % Industry median: 3.4 %20242025 Company: -6.4 % Industry median: 3.9 %2026 Company: — Industry median: 5.9 %2026
  • Company
  • Industry median

Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 16 080 € · −13.1% vs 2024
05 00010 00015 00020 0002022 Company: 18 599 €20222023 Company: 19 922 €20232024 Company: 18 500 €20242025 Company: 16 080 €20252026 Company: —202605 00010 00015 00020 0002022 Company: 18 599 €20222023 Company: 19 922 €2024 Company: 18 500 €20242025 Company: 16 080 €2026 Company: —2026
Equity, € 2025: 2 945 € · −72.4% vs 2024
05 00010 00015 00020 0002022 Company: 16 096 €20222023 Company: 11 634 €20232024 Company: 10 667 €20242025 Company: 2 945 €20252026 Company: —202605 00010 00015 00020 0002022 Company: 16 096 €20222023 Company: 11 634 €2024 Company: 10 667 €20242025 Company: 2 945 €2026 Company: —2026
Employees 2026: 1 · industry median 1 · above 5% of the industry
0.00.51.01.52.02022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 120252026 Company: 1 Industry median: 120260.00.51.01.52.02022 Company: 0 Industry median: 220222023 Company: 0 Industry median: 12024 Company: 1 Industry median: 120242025 Company: 0 Industry median: 12026 Company: 1 Industry median: 12026
  • Company
  • Industry median

Industry: Specialised construction activities (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
2026 — — — — — 1
2025 120 872 -7 722 3 713 16 080 2 945 0
2024 94 600 -967 11 418 18 500 10 667 1
2023 46 679 -4 462 0 19 922 11 634 0
2022 62 159 13 596 0 18 599 16 096 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
-6.4 %
Net profit / revenue
Return on equity (ROE)
-262.2 %
Net profit / equity
Return on assets (ROA)
-48.0 %
Net profit / assets
Equity ratio
18.3 %
Equity / assets
Debt ratio
81.7 %
Liabilities / assets
Current ratio
0.72
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 Jun 2024 – 31 May 2025 20 Feb 2026 Company’s own e-Äriregister
2023 1 Jun 2023 – 31 May 2024 29 Nov 2024 Company’s own e-Äriregister
2022 1 Jun 2022 – 31 May 2023 18 Oct 2023 Company’s own e-Äriregister
2021 25 May 2021 – 31 May 2022 27 Jun 2023 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

  • Raiko Saar
    Member of a senior management body (management or supervisory board) · since 25 May 2021

Founders and other persons

  • Raiko Saar
    Founder · 2 500 € · 25 May 2021

Activities (EMTAK)

  • 43999Other specialised construction activities Main
Rulings
Number, date Title Deadline State Document
Ä 50174791 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50174791 / 2
6 Sep 2021
Amendment entry In force
6 Sep 2021
PDF
Ä 50174791 / M1
2 Sep 2021
Ruling to eliminate deficiencies 2 Oct 2021 Deficiencies eliminated
6 Sep 2021
PDF
Ä 50174791
25 May 2021
First entry In force
25 May 2021
PDF

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