Hariduse Edendamise Sihtasutus
Active Registry code 90014359
SA Tartu linn Registered 11 Jun 2018
Hariduse Edendamise Sihtasutus is a SA based in Tartu linn, registry code 90014359, status: active. Main activity: Basic schools. According to EMTA, turnover for Q3 2026 was €10 642 with 213 employees.
Turnover
10 642 €
↓ 57.4% vs Q2 2026
State taxes
491 919 €
↑ 0.6% vs Q2 2026
Labour taxes
536 849 €
↑ 1.0% vs Q2 2026
Employees
213
+37 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 10 642 €above 56% of companiesindustry median 8 170 € · companies in the industry: 1 274
- Labour taxes per employee 2 520 €above 79% of companiesindustry median 1 198 € · companies in the industry: 2 039
- Revenue · 2025 0 €above 5% of companiesindustry median 2 265 € · companies in the industry: 7 180
Taxes and turnover
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 10 642 | 491 919 | 536 849 | 213 |
| Q2 2026 | 24 963 | 489 156 | 531 504 | 176 |
| Q1 2026 | 16 199 | 476 048 | 517 922 | 207 |
| Q4 2025 | 10 777 | 497 778 | 536 104 | 204 |
| Q3 2025 | 1 655 | 456 185 | 493 541 | 205 |
| Q2 2025 | 2 504 | 450 378 | 486 648 | 174 |
| Q1 2025 | — | 439 427 | 474 966 | 196 |
| Q4 2024 | — | 423 059 | 455 182 | 193 |
| Q3 2024 | — | 415 930 | 447 245 | 189 |
| Q2 2024 | — | 423 198 | 455 574 | 160 |
| Q1 2024 | — | 398 251 | 428 976 | 181 |
| Q4 2023 | — | 398 154 | 428 597 | 174 |
| Q3 2023 | — | 393 514 | 424 198 | 175 |
| Q2 2023 | — | 378 151 | 408 124 | 164 |
| Q1 2023 | — | 348 027 | 375 049 | 178 |
| Q4 2022 | — | 321 384 | 347 379 | 175 |
| Q3 2022 | — | 300 149 | 324 157 | 175 |
| Q2 2022 | — | 293 310 | 317 505 | 143 |
| Q1 2022 | — | 309 603 | 333 704 | 166 |
Labour taxes per employee per month
840 €
Turnover per employee in the quarter
50 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 0 | 295 022 | 1 588 379 | 2 414 277 | 178 994 | 150 |
| 2024 | 0 | 105 546 | 1 437 915 | 2 024 965 | -116 028 | 146 |
| 2023 | 0 | 105 944 | 1 356 363 | 1 735 447 | -221 574 | 149 |
| 2022 | 0 | -202 647 | 1 138 888 | 1 837 665 | -327 518 | 139 |
| 2021 | 0 | 145 301 | 1 645 662 | 1 485 243 | -124 871 | 129 |
| 2020 | 0 | -70 275 | 758 859 | 1 355 875 | -270 172 | 113 |
| 2019 | — | — | — | — | — | 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
Net profit margin
3.6 %
Net profit / revenue
Return on equity (ROE)
164.8 %
Net profit / equity
Return on assets (ROA)
12.2 %
Net profit / assets
Equity ratio
7.4 %
Equity / assets
Debt ratio
92.6 %
Liabilities / assets
Current ratio
0.79
Current assets / current liabilities
Revenue per employee
54 672 €
Revenue / average full-time employees
Labour cost per employee per month
882 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Aug 2024 – 31 Jul 2025 | 31 Jan 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Aug 2023 – 31 Jul 2024 | 17 Feb 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Aug 2022 – 31 Jul 2023 | 7 Dec 2023 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Aug 2021 – 31 Jul 2022 | 31 Jan 2023 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jun 2020 – 31 Jul 2021 | 31 Jan 2022 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jun 2019 – 31 May 2020 | 6 Jan 2022 | Company’s own · audited | e-Äriregister |
Board
- Urmo UibolehtBoard member · since 11 Jun 2018
Right of representation
Any member of the management board may represent the foundation in all transactions.
Owners
No owner information.
Beneficial owners
- Jaak ViloExercises founder’s rights, supervisory or management board member · since 31 Jan 2026
- Kristo SeliExercises founder’s rights, supervisory or management board member · since 31 Jan 2026
- Liina KersnaExercises founder’s rights, supervisory or management board member · since 31 Jan 2026
- Ingar DubolazovExercises founder’s rights, supervisory or management board member · since 5 Apr 2024
- Andrus LeppikExercises founder’s rights, supervisory or management board member · since 7 Dec 2023
- Madis NõmmikExercises founder’s rights, supervisory or management board member · since 26 Jan 2023
- Tanel PaabutExercises founder’s rights, supervisory or management board member · since 9 Feb 2021
- Urmo UibolehtExercises founder’s rights, supervisory or management board member · since 24 Oct 2018
Founders and other persons
- Liina KersnaChairman of the supervisory board · 15 Feb 2025
- Madis NõmmikSupervisory board member · 28 Jun 2023
- Tanel PaabutSupervisory board member · 28 Jun 2023
- Ingar DubolazovSupervisory board member · 18 Feb 2024
- Jaak ViloSupervisory board member · 15 Nov 2024
- Andrus LeppikSupervisory board member · 15 Feb 2025
- Kristo SeliSupervisory board member · 26 Sep 2025
Related companies
Activities (EMTAK)
- 85312Basic schools Main
- 56401Intermediation service activities for food and beverage services activities
- 85102Preschools
- 8552Cultural education
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| K 50095935 / 6 20 Jul 2026 |
Entry refused | In force 26 Aug 2026 |
||
| S 50095935 / M7 24 Mar 2025 |
Procedural ruling | In force 24 Mar 2025 |
||
| S 50095935 / M6 7 Mar 2025 |
Ruling to correct data outside an entry | 21 Mar 2025 | In force 7 Mar 2025 |
|
| S 50095935 / 5 19 Sep 2024 |
Amendment entry | In force 19 Sep 2024 |
||
| S 50095935 / 4 1 Feb 2023 |
Amendment entry | In force 1 Feb 2023 |
||
| S 50095935 / 3 7 Sep 2022 |
Amendment entry | In force 7 Sep 2022 |
||
| S 50095935 / M5 23 Nov 2021 |
Ruling annulling a ruling | In force 23 Nov 2021 |
||
| S 50095935 / 2 8 Oct 2021 |
Amendment entry | In force 8 Oct 2021 |
||
| S 50095935 / M3 1 Oct 2021 |
Ruling to eliminate deficiencies | 31 Oct 2021 | Deficiencies eliminated 8 Oct 2021 |
|
| S 50095935 / M2 7 Jul 2021 |
Warning of deletion from the register: annual report not filed | 7 Jan 2022 | Deficiencies eliminated 6 Jan 2022 |
|
| S 50095935 / M1 19 Nov 2020 |
Ruling to correct data outside an entry | 27 Nov 2020 | Deficiencies eliminated 25 Nov 2020 |
|
| S 50095935 11 Jun 2018 |
First entry | In force 11 Jun 2018 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data