Hexest Materials AS

Active Registry code 17268480 AS Tallinn Registered 25 Jun 2025
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Hexest Materials AS is a AS based in Tallinn, registry code 17268480, status: active. Main activity: Manufacture of explosives. According to EMTA, turnover for Q3 2026 was €0 with 4 employees.

Turnover
0 €
↓ 100.0% vs Q2 2026
State taxes
64 924 €
Labour taxes
65 721 €
↑ 33.9% vs Q2 2026
Employees
4
+1 vs Q2 2026

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

Position in the industry Manufacture of chemicals and chemical products · EMTAK 20

  • Labour taxes per employee 16 430 €
    industry median 2 267 € · companies in the industry: 96
  • Revenue · 2025 0 €
    industry median 11 249 € · companies in the industry: 206

Taxes and turnover

Q3 2025 – Q3 2026
Turnover, € Q3 2026: 0 € · −100.0% vs Q2 2026 · industry median 31 486 € · above 2% of the industry
020 00040 00060 00080 000Q3 2025 Company: 0 € Industry median: 62 083 €Q3·25Q4 2025 Company: 924 € Industry median: 45 786 €Q4·25Q1 2026 Company: 151 € Industry median: 38 712 €Q1·26Q2 2026 Company: 360 € Industry median: 31 437 €Q2·26Q3 2026 Company: 0 € Industry median: 31 486 €Q3·26020 00040 00060 00080 000Q3 2025 Company: 0 € Industry median: 62 083 €Q3·25Q4 2025 Company: 924 € Industry median: 45 786 €Q1 2026 Company: 151 € Industry median: 38 712 €Q1·26Q2 2026 Company: 360 € Industry median: 31 437 €Q3 2026 Company: 0 € Industry median: 31 486 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of chemicals and chemical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 16 430 € · +0.4% vs Q2 2026 · industry median 2 267 € · above 98% of the industry
05 00010 00015 00020 00025 000Q3 2025 Company: — Industry median: 2 365 €Q3·25Q4 2025 Company: 21 380 € Industry median: 2 317 €Q4·25Q1 2026 Company: 16 976 € Industry median: 2 229 €Q1·26Q2 2026 Company: 16 357 € Industry median: 2 144 €Q2·26Q3 2026 Company: 16 430 € Industry median: 2 267 €Q3·2605 00010 00015 00020 00025 000Q3 2025 Company: — Industry median: 2 365 €Q3·25Q4 2025 Company: 21 380 € Industry median: 2 317 €Q1 2026 Company: 16 976 € Industry median: 2 229 €Q1·26Q2 2026 Company: 16 357 € Industry median: 2 144 €Q3 2026 Company: 16 430 € Industry median: 2 267 €Q3·26
  • Company
  • Industry median

Industry: Manufacture of chemicals and chemical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +33.3% vs Q2 2026
01234Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q4·25Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q2·26Q3 2026 Company: 4Q3·2601234Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 2Q1·26Q2 2026 Company: 3Q3 2026 Company: 4Q3·26
State taxes, € Q3 2026: 64 924 €
020 00040 00060 00080 000Q3 2025 Company: 2 823 €Q3·25Q4 2025 Company: 21 825 €Q4·25Q1 2026 Company: 37 861 €Q1·26Q2 2026 Company: 0 €Q2·26Q3 2026 Company: 64 924 €Q3·26020 00040 00060 00080 000Q3 2025 Company: 2 823 €Q3·25Q4 2025 Company: 21 825 €Q1 2026 Company: 37 861 €Q1·26Q2 2026 Company: 0 €Q3 2026 Company: 64 924 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 64 924 65 721 4
Q2 2026 360 — 49 071 3
Q1 2026 151 37 861 33 952 2
Q4 2025 924 21 825 21 380 1
Q3 2025 — 2 823 3 007 —
Labour taxes per employee per month
5 477 €
Turnover per employee in the quarter
0 €

Q3 2026 · calculated from EMTA data

Financials by year

2025 – 2025
Revenue, € 2025: 0 € · industry median 11 249 € · above 5% of the industry
02 5005 0007 50010 00012 5002025 Company: 0 € Industry median: 11 249 €202502 5005 0007 50010 00012 5002025 Company: 0 € Industry median: 11 249 €2025
  • Company
  • Industry median

Industry: Manufacture of chemicals and chemical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -48 115 € · industry median 1 € · above 9% of the industry
-50 000-40 000-30 000-20 000-10 000010 0002025 Company: -48 115 € Industry median: 1 €2025-50 000-40 000-30 000-20 000-10 000010 0002025 Company: -48 115 € Industry median: 1 €2025
  • Company
  • Industry median

Industry: Manufacture of chemicals and chemical products (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 7 405 217 €
02 0004 0006 0008 0002025 Company: 7 405 217 €202502 0004 0006 0008 0002025 Company: 7 405 217 €2025
Equity, € thousand 2025: 7 151 885 €
02 0004 0006 0008 0002025 Company: 7 151 885 €202502 0004 0006 0008 0002025 Company: 7 151 885 €2025
Employees 2025: 1 · industry median 2 · above 5% of the industry
0.00.51.01.52.02025 Company: 1 Industry median: 220250.00.51.01.52.02025 Company: 1 Industry median: 22025
  • Company
  • Industry median

Industry: Manufacture of chemicals and chemical products (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 0 -48 115 52 530 7 405 217 7 151 885 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

Return on equity (ROE)
-0.7 %
Net profit / equity
Return on assets (ROA)
-0.6 %
Net profit / assets
Equity ratio
96.6 %
Equity / assets
Debt ratio
3.4 %
Liabilities / assets
Current ratio
28.04
Current assets / current liabilities
Labour cost per employee per month
4 378 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 25 Jun 2025 – 31 Dec 2025 6 May 2026 Company’s own · audited e-Äriregister

Board

  • Nasdaq CSD SE
    Keeper of the share ledger · since 25 Jun 2025
  • Randel Veerits
    Board member · since 22 Sep 2025
  • Fred Metsma
    Board member · since 1 Apr 2026
  • Indrek Tulp
    Board member · since 30 Apr 2026

Right of representation

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

Owners

No owner information.

Beneficial owners

  • Hanno Pevkur
    Right to appoint or remove most of the management · since 29 Sep 2025
  • Randel Veerits
    Member of a senior management body (management or supervisory board) · since 29 Sep 2025
  • Henry Uljas
    Member of a senior management body (management or supervisory board) · since 30 Jun 2025
  • Indrek Sirp
    Member of a senior management body (management or supervisory board) · since 30 Jun 2025
  • Merle Kurvits
    Member of a senior management body (management or supervisory board) · since 30 Jun 2025

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 20591Manufacture of explosives Main
Rulings
Number, date Title Deadline State Document
Ä 50285588 / 8
9 Sep 2026
Amendment entry In force
9 Sep 2026
PDF
Ä 50285588 / M3
7 Sep 2026
Ruling to eliminate deficiencies 22 Sep 2026 Deficiencies eliminated
9 Sep 2026
PDF
Ä 50285588 / 7
25 Aug 2026
Amendment entry In force
25 Aug 2026
PDF
Ä 50285588 / M2
17 Aug 2026
Ruling to eliminate deficiencies 6 Sep 2026 Deficiencies eliminated
25 Aug 2026
PDF
Ä 50285588 / 6
30 Apr 2026
Amendment entry In force
30 Apr 2026
PDF
Ä 50285588 / 5
1 Apr 2026
Amendment entry In force
1 Apr 2026
PDF
Ä 50285588 / 4
5 Feb 2026
Amendment under Code of Civil Procedure § 595¹ (1) In force
5 Feb 2026
PDF
Ä 50285588 / 3
6 Jan 2026
Amendment entry In force
6 Jan 2026
PDF
Ä 50285588 / M1
2 Jan 2026
Ruling to eliminate deficiencies 22 Jan 2026 Deficiencies eliminated
6 Jan 2026
PDF
Ä 50285588 / 2
22 Sep 2025
Amendment entry In force
22 Sep 2025
PDF
Ä 50285588
25 Jun 2025
First entry In force
25 Jun 2025
PDF

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