Hiiu Elektritööd OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	10.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	03.04.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	13.03.2024	Valid	PDF
2022	04.11.2021 – 31.12.2022	08.02.2023	Valid	PDF

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No unsubmitted declarations as of 24.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses1 Regulations3 Public transactions31 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	2 768 €	1 424 €	15 882 €−42,9%	1
2026 Q2	3 996 €	1 103 €	27 817 €+27,5%	1
2026 Q1	2 437 €	1 064 €	21 810 €+16,2%	1
Total 2026:	9 201 €	3 591 €	65 509 €
2025 Q4	3 552 €	1 085 €	18 773 €+82,4%	1
2025 Q3	1 681 €	1 249 €	10 294 €−73,3%	1
2025 Q2	5 101 €	995 €	38 498 €+113%	1
2025 Q1	2 784 €	954 €	18 082 €−21,2%	1
Total 2025:	13 118 €	4 283 €	85 647 €
2024 Q4	7 863 €	1 931 €	22 940 €+128%	1
2024 Q3	315 €	315 €	10 040 €−37,7%	1
2024 Q2	1 494 €	1 136 €	16 123 €+8,4%	1
2024 Q1	3 494 €	2 051 €	14 875 €−46,3%	1
Total 2024:	13 166 €	5 433 €	63 978 €
2023 Q4	4 096 €	1 996 €	27 681 €−37,0%	1
2023 Q3	6 754 €	2 123 €	43 959 €−13,8%	1
2023 Q2	4 535 €	892 €	51 022 €+103%	1
2023 Q1	4 428 €	861 €	25 175 €−55,6%	1
Total 2023:	19 813 €	5 872 €	147 837 €
2022 Q4	2 311 €	781 €	56 752 €+213%	1
2022 Q3	1 984 €	781 €	18 151 €−34,3%	1
2022 Q2	3 026 €	781 €	27 619 €+104%	1
2022 Q1	1 809 €	403 €	13 518 €	1
Total 2022:	9 130 €	2 746 €	116 040 €
2021 Q4	-	-	-	1
Total 2021:	0 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Electrical installation works		68 160 €	73 655 €
Installation of electrical wiring and equipment	149 709 €

Tax debts

No tax debt found

No tax debt as of 24.10.2026

Representatives

	Personal ID code
Vallo Kruusimäe	38110XXXXXX	02.10.1981 (45)	Board member	04.11.2021	-

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Shareholders

	Personal ID code
Vallo Kruusimäe	38110XXXXXX	02.10.1981 (45)	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Vallo Kruusimäe	38110XXXXXX	02.10.1981 (45)	Founder	03.11.2021	-

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Ultimate beneficial owners

	Personal ID code
Vallo Kruusimäe	38110XXXXXX	02.10.1981 (45)	Direct holding	04.11.2021	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 15 882 €
Monthly average: 5 294 €
Per employee: 5 294 €
Equity ratio: 211,76%

Labour taxes

Turnover ratio: 8,97%
Tax ratio: 51,45%
Monthly average: 475 €
Per employee: 475 €

State taxes

Monthly average: 923 €
Turnover ratio: 17,43%

Estimated salary

Gross salary: 1 001 €
Net salary: 907 €

Aggregate data

	2025	2024	2023	2022
Current assets	10 608 €−66,1%	31 270 €+4,8%	29 831 €+9,7%	27 201 €
Non-current assets	18 639 €−7,5%	20 161 €+9,3%	18 448 €+1 950%	900 €
Total assets	29 247 €−43,1%	51 431 €+6,5%	48 279 €+71,8%	28 101 €
Short-term liabilities	9 824 €−12,2%	11 192 €+25,2%	8 942 €+4,3%	8 571 €
Long-term liabilities	6 956 €−33,1%	10 403 €−17,5%	12 612 €	-
Total liabilities	16 780 €−22,3%	21 595 €+0,2%	21 554 €+151%	8 571 €
Share or stock capital	-	-	-	-
Retained earnings	27 335 €+12,8%	24 225 €+42,2%	17 030 €+581%	2 500 €
Net profit	-17 368 €−658%	3 111 €−56,8%	7 195 €−57,8%	17 030 €
Equity	12 467 €−58,2%	29 836 €+11,6%	26 725 €+36,8%	19 530 €
Turnover	73 860 €+8,4%	68 160 €−54,5%	149 709 €+14,9%	130 329 €
Profit margin	-23,5%	4,6%	4,8%	13,1%

Financial ratios

	2025	2024	2023	2022
Profit and cash flow
EBITDA				17 190 €
Liquidity
Current ratio				3,2
Quick ratio				3,2
Cash ratio				2,0
Efficiency
Days sales outstanding (dso)				28,8
Asset turnover				4,6
Structure
Debt ratio				0,3
Profitability
Operating margin				13,1%
Net profit margin				13,1%
Return on assets (roa)				60,6%
Return on equity (roe)				87,2%

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Licences & notices


Notice of economic activity	TEL004098	Electrical works	Valid	15.11.2021	-

Regulations


Ä 50187573 / 3	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50187573 / 2	24.01.2022	Entry – Amendment entry	-	Entered into force24.01.2022
Ä 50187573	04.11.2021	Entry – Initial entry	-	Entered into force04.11.2021

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


24.08.2026	Hiiumaa Vallavalitsus	357,12 €Received	OPERATING EXPENSESPre-primary education
19.08.2026	Hiiumaa Vallavalitsus	496 €Received	OPERATING EXPENSESFolk culture
10.07.2026	Hiiumaa Vallavalitsus	496 €Received	OPERATING EXPENSESFolk culture
12.06.2026	Hiiumaa Vallavalitsus	157,48 €Received	OPERATING EXPENSESPre-primary education
08.06.2026	Hiiumaa Vallavalitsus	496 €Received	OPERATING EXPENSESFolk culture

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


hiiuelekter.ee	Active	15.11.2021	16.11.2026

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders

Data comes from public registers.