HeatWind AS

Active Registry code 16506569 AS Tallinn Registered 24 May 2022
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HeatWind AS is a AS based in Tallinn, registry code 16506569, status: active. Main activity: Wholesale of automotive fuel. According to EMTA, turnover for Q3 2026 was €2 181 622 with 8 employees.

Turnover
2 181 622 €
↑ 31 066.0% vs Q2 2026
State taxes
54 926 €
↓ 9.8% vs Q2 2026
Labour taxes
54 972 €
↓ 8.0% vs Q2 2026
Employees
8
−1 vs Q2 2026

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

Position in the industry Wholesale trade · EMTAK 46

  • Turnover · Q3 2026 2.2 mn €
    industry median 60 065 € · companies in the industry: 6 941
  • Labour taxes per employee 6 872 €
    industry median 2 104 € · companies in the industry: 4 194
  • Revenue · 2024 107.3 mn €
    industry median 60 216 € · companies in the industry: 10 685
  • Net profit margin · 2024 0.1 %
    industry median 2.9 % · companies in the industry: 7 870

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 181 622 € · +31 066.0% vs Q2 2026 · industry median 60 065 € · above 92% of the industry
05 00010 00015 000Q4 2023 Company: 14 810 503 € Industry median: 69 842 €Q4·23Q1 2024 Company: 5 631 154 € Industry median: 60 423 €Q2 2024 Company: 418 637 € Industry median: 66 207 €Q2·24Q3 2024 Company: 12 201 € Industry median: 63 101 €Q4 2024 Company: 3 668 € Industry median: 65 867 €Q4·24Q1 2025 Company: 1 174 548 € Industry median: 59 713 €Q2 2025 Company: 5 581 403 € Industry median: 61 800 €Q2·25Q3 2025 Company: 4 462 339 € Industry median: 59 911 €Q4 2025 Company: 1 320 413 € Industry median: 59 583 €Q4·25Q1 2026 Company: 3 500 780 € Industry median: 53 954 €Q2 2026 Company: 7 000 € Industry median: 61 600 €Q2·26Q3 2026 Company: 2 181 622 € Industry median: 60 065 €Q3·2602 0004 0006 000Q4 2024 Company: 3 668 € Industry median: 65 867 €Q1 2025 Company: 1 174 548 € Industry median: 59 713 €Q1·25Q2 2025 Company: 5 581 403 € Industry median: 61 800 €Q3 2025 Company: 4 462 339 € Industry median: 59 911 €Q3·25Q4 2025 Company: 1 320 413 € Industry median: 59 583 €Q1 2026 Company: 3 500 780 € Industry median: 53 954 €Q1·26Q2 2026 Company: 7 000 € Industry median: 61 600 €Q3 2026 Company: 2 181 622 € 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: 6 872 € · +3.5% vs Q2 2026 · industry median 2 104 € · above 93% of the industry
02 0004 0006 0008 000Q4 2023 Company: 4 684 € Industry median: 1 903 €Q4·23Q1 2024 Company: 4 830 € Industry median: 1 948 €Q2 2024 Company: 5 624 € Industry median: 1 960 €Q2·24Q3 2024 Company: 3 956 € Industry median: 2 029 €Q4 2024 Company: 5 332 € Industry median: 2 008 €Q4·24Q1 2025 Company: 5 927 € Industry median: 2 079 €Q2 2025 Company: 5 224 € Industry median: 2 091 €Q2·25Q3 2025 Company: 6 257 € Industry median: 2 158 €Q4 2025 Company: 5 346 € Industry median: 2 169 €Q4·25Q1 2026 Company: 5 429 € Industry median: 2 089 €Q2 2026 Company: 6 639 € Industry median: 2 068 €Q2·26Q3 2026 Company: 6 872 € Industry median: 2 104 €Q3·2602 0004 0006 0008 000Q4 2024 Company: 5 332 € Industry median: 2 008 €Q1 2025 Company: 5 927 € Industry median: 2 079 €Q1·25Q2 2025 Company: 5 224 € Industry median: 2 091 €Q3 2025 Company: 6 257 € Industry median: 2 158 €Q3·25Q4 2025 Company: 5 346 € Industry median: 2 169 €Q1 2026 Company: 5 429 € Industry median: 2 089 €Q1·26Q2 2026 Company: 6 639 € Industry median: 2 068 €Q3 2026 Company: 6 872 € 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: 8 · −11.1% vs Q2 2026
051015Q4 2023 Company: 10Q4·23Q1 2024 Company: 10Q2 2024 Company: 9Q2·24Q3 2024 Company: 13Q4 2024 Company: 13Q4·24Q1 2025 Company: 12Q2 2025 Company: 12Q2·25Q3 2025 Company: 10Q4 2025 Company: 11Q4·25Q1 2026 Company: 11Q2 2026 Company: 9Q2·26Q3 2026 Company: 8Q3·26051015Q4 2024 Company: 13Q1 2025 Company: 12Q1·25Q2 2025 Company: 12Q3 2025 Company: 10Q3·25Q4 2025 Company: 11Q1 2026 Company: 11Q1·26Q2 2026 Company: 9Q3 2026 Company: 8Q3·26
State taxes, € thousand Q3 2026: 54 926 € · −9.8% vs Q2 2026
050100150200Q4 2023 Company: 0 €Q4·23Q1 2024 Company: 178 951 €Q2 2024 Company: 48 658 €Q2·24Q3 2024 Company: 50 080 €Q4 2024 Company: 67 964 €Q4·24Q1 2025 Company: 69 258 €Q2 2025 Company: 63 176 €Q2·25Q3 2025 Company: 61 846 €Q4 2025 Company: 54 253 €Q4·25Q1 2026 Company: 59 440 €Q2 2026 Company: 60 913 €Q2·26Q3 2026 Company: 54 926 €Q3·26020406080Q4 2024 Company: 67 964 €Q1 2025 Company: 69 258 €Q1·25Q2 2025 Company: 63 176 €Q3 2025 Company: 61 846 €Q3·25Q4 2025 Company: 54 253 €Q1 2026 Company: 59 440 €Q1·26Q2 2026 Company: 60 913 €Q3 2026 Company: 54 926 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 181 622 54 926 54 972 8
Q2 2026 7 000 60 913 59 748 9
Q1 2026 3 500 780 59 440 59 722 11
Q4 2025 1 320 413 54 253 58 805 11
Q3 2025 4 462 339 61 846 62 567 10
Q2 2025 5 581 403 63 176 62 691 12
Q1 2025 1 174 548 69 258 71 124 12
Q4 2024 3 668 67 964 69 321 13
Q3 2024 12 201 50 080 51 425 13
Q2 2024 418 637 48 658 50 618 9
Q1 2024 5 631 154 178 951 48 299 10
Q4 2023 14 810 503 — 46 840 10
Q3 2023 14 314 080 43 582 45 123 10
Q2 2023 10 968 731 46 578 48 563 9
Q1 2023 8 353 428 91 144 95 077 9
Q4 2022 70 096 819 83 460 86 893 6
Q3 2022 46 030 972 27 488 28 845 4
Q2 2022 — — — 3
Labour taxes per employee per month
2 291 €
Turnover per employee in the quarter
272 703 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2024
Revenue, mn € 2024: 107 323 166 € · −47.7% vs 2023 · industry median 60 216 € · above 98% of the industry
01002003004002022 Company: 311 672 054 € Industry median: 75 397 €20222023 Company: 205 272 897 € Industry median: 63 715 €20232024 Company: 107 323 166 € Industry median: 60 216 €202401002003004002022 Company: 311 672 054 € Industry median: 75 397 €20222023 Company: 205 272 897 € Industry median: 63 715 €2024 Company: 107 323 166 € 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: 85 486 € · −98.1% vs 2023 · industry median 134 € · above 87% of the industry
020 00040 00060 0002022 Company: 50 887 083 € Industry median: 889 €20222023 Company: 4 427 407 € Industry median: 370 €20232024 Company: 85 486 € Industry median: 134 €2024020 00040 00060 0002022 Company: 50 887 083 € Industry median: 889 €20222023 Company: 4 427 407 € Industry median: 370 €2024 Company: 85 486 € 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: 0.1 % · −2.1 pp vs the year before · industry median 2.9 % · above 31% of the industry
051015202022 Company: 16.3 % Industry median: 4.2 %20222023 Company: 2.2 % Industry median: 3.5 %20232024 Company: 0.1 % Industry median: 2.9 %2024051015202022 Company: 16.3 % Industry median: 4.2 %20222023 Company: 2.2 % Industry median: 3.5 %2024 Company: 0.1 % 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, mn € 2024: 55 853 750 € · −14.7% vs 2023
0501001502022 Company: 147 031 163 €20222023 Company: 65 488 010 €20232024 Company: 55 853 750 €20240501001502022 Company: 147 031 163 €20222023 Company: 65 488 010 €2024 Company: 55 853 750 €2024
Equity, € thousand 2024: 55 424 976 € · +0.2% vs 2023
020 00040 00060 0002022 Company: 50 912 083 €20222023 Company: 55 339 490 €20232024 Company: 55 424 976 €2024020 00040 00060 0002022 Company: 50 912 083 €20222023 Company: 55 339 490 €2024 Company: 55 424 976 €2024
Employees 2024: 12 · industry median 2 · above 90% of the industry
035810132022 Company: 7 Industry median: 220222023 Company: 0 Industry median: 220232024 Company: 12 Industry median: 22024035810132022 Company: 7 Industry median: 220222023 Company: 0 Industry median: 22024 Company: 12 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 107 323 166 85 486 534 451 55 853 750 55 424 976 12
2023 205 272 897 4 427 407 504 833 65 488 010 55 339 490 0
2022 311 672 054 50 887 083 430 167 147 031 163 50 912 083 7

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
0.1 %
Net profit / revenue
Return on equity (ROE)
0.2 %
Net profit / equity
Return on assets (ROA)
0.2 %
Net profit / assets
Equity ratio
99.2 %
Equity / assets
Debt ratio
0.8 %
Liabilities / assets
Current ratio
129.78
Current assets / current liabilities
Revenue per employee
8 943 597 €
Revenue / average full-time employees
Labour cost per employee per month
3 711 €
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 19 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 6 Oct 2025 Consolidated · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 29 Nov 2024 Consolidated · audited e-Äriregister
2022 24 May 2022 – 31 Dec 2022 21 Mar 2024 Consolidated · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 24 May 2022
  • Tamara Štšerbakova
    Board member · since 8 Aug 2025

Right of representation

Any member of the management board may represent the public limited company in all transactions.

Owners

No owner information.

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 46812Wholesale of automotive fuel Main
Rulings
Number, date Title Deadline State Document
Ä 50203606 / M11
28 Aug 2026
Procedural ruling In force
28 Aug 2026
PDF
Ä 50203606 / M10
29 Jun 2026
Ruling to eliminate deficiencies in the annual report 28 Aug 2026 In force
29 Jun 2026
PDF
Ä 50203606 / 10
14 May 2026
Amendment entry In force
14 May 2026
PDF
Ä 50203606 / 9
29 Apr 2026
Amendment entry In force
29 Apr 2026
PDF
Ä 50203606 / 8
20 Feb 2026
Entry refused: deficiencies not eliminated In force
10 Mar 2026
PDF
Ä 50203606 / M9
16 Jan 2026
Procedural ruling 16 Feb 2026 In force
16 Jan 2026
PDF
Ä 50203606 / M8
16 Dec 2025
Ruling to eliminate deficiencies 15 Jan 2026 In force
1 Jan 2026
PDF
Ä 50203606 / 7
8 Aug 2025
Amendment entry In force
8 Aug 2025
PDF
Ä 50203606 / M7
26 Jul 2025
Warning of deletion from the register: annual report not filed 29 Oct 2025 Deficiencies eliminated
7 Oct 2025
PDF
Ä 50203606 / 6
11 Mar 2025
Amendment entry In force
11 Mar 2025
PDF
Ä 50203606 / M6
1 Sep 2024
Warning of deletion from the register: annual report not filed 5 Dec 2024 Deficiencies eliminated
29 Nov 2024
PDF
Ä 50203606 / M5
7 Jul 2024
Warning of deletion from the register: annual report not filed 10 Oct 2024 Deficiencies eliminated
24 Aug 2024
PDF
Ä 50203606 / M4
23 Dec 2023
Warning of deletion from the register: annual report not filed 27 Mar 2024 Deficiencies eliminated
22 Mar 2024
PDF
Ä 50203606 / 5
30 Mar 2023
Amendment entry In force
30 Mar 2023
PDF
Ä 50203606 / 4
13 Mar 2023
Amendment entry In force
13 Mar 2023
PDF
Ä 50203606 / M3
9 Mar 2023
Ruling to eliminate deficiencies Deficiencies eliminated
13 Mar 2023
PDF
Ä 50203606 / M2
7 Mar 2023
Ruling to eliminate deficiencies 6 Apr 2023 Deficiencies eliminated
13 Mar 2023
PDF
Ä 50203606 / M1
3 Mar 2023
Ruling to eliminate deficiencies 6 Apr 2023 Deficiencies eliminated
13 Mar 2023
PDF
Ä 50203606 / 3
27 May 2022
Amendment under Commercial Code § 525 (2) In force
27 May 2022
PDF
Ä 50203606 / 2
24 May 2022
Amendment under Commercial Code § 525 (2) In force
24 May 2022
PDF
Ä 50203606
24 May 2022
First entry In force
24 May 2022
PDF

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