ETENRU

Hepsor Finance OÜ

Compare
RegisteredHarju County
Registry code
12362565
VAT number
EE101581703
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Järvevana tee 7b, 10112
Registered
15.10.2012 · 13 yrs
Activity
Development of building projects 68121
Additional activities
Real estate agencies
Capital
4 500 €
Email
i•••@h•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Business Register 06.10.2026
Sales revenue961 k €-5%2025 annual report
Profit-420 k €2025 annual report
Employees13Tax Board 2026 Q2
Average gross salary5 257 €estimate, Tax Board 2026 Q2
Labour taxes per quarter105 k €Tax Board 2026 Q2
Cash48 234 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 06.10.2026
Revenue 12 months1,1 m €+2%Tax Board, last 4 quarters
State taxes 12 months498 k €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 375 tuh €
319 k286 k276 k241 k277 k262 k230 k375 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
67 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 06.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → AA → BBB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▲ 2% vs a year earlier
Email right away on tax debt, bankruptcy or board change
💶 Owes you money? Add a debt notice🔎 Find similar companies
Add the rating badge to your website

The badge code is available to this company's verified account: verification uses a code we send to the company email in the Business Register. The badge updates itself and cannot be bought. Read more

Data

Board and owners

3 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Martti Krass11 companiesno tax debtPersonal ID ↗07.08.2025
Mihkel Mäger16 companiesno tax debtPersonal ID ↗03.04.2024
Other persons 1
Nasdaq CSD SEOsade registripidajaOsad on Eesti väärtpaberite registris (Nasdaq CSD). See ei tähenda börsil noteerimist.29.05.2019
Shareholders 1
Omanikukonto: Hepsor AS100,0% 4 500 €16.08.2023
Beneficial owners 3
Andres Pärloja6 companiesno tax debtdirect holding23.10.2018
Henri Laks7 companiesno tax debtdirect holding23.10.2018
Kristjan Mitt10 companiesno tax debtdirect holding23.10.2018

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue38,4%
Labour taxes / revenue27,9%
Revenue per employee per month9 626 €
Gross salary (estimate)5 257 €
Net salary (estimate)4 107 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q2375 405 €▲ 56%104 569 €144 120 €13
2026 Q1230 461 €▼ 17%107 912 €110 897 €11
2025 Q4261 630 €▼ 8%120 601 €127 369 €9
2025 Q3277 287 €▼ 13%96 584 €115 354 €10
2025 Q2240 574 €▲ 16%92 572 €98 635 €11
2025 Q1276 112 €▲ 28%123 273 €120 549 €11
2024 Q4285 659 €▲ 68%107 695 €117 885 €9
2024 Q3318 914 €▲ 91%89 458 €125 465 €10
2024 Q2208 117 €▲ 9%75 330 €74 634 €11
2024 Q1215 408 €▲ 26%98 373 €102 818 €9
2023 Q4169 838 €▲ 26%63 220 €62 122 €9
2023 Q3166 688 €▲ 40%79 907 €85 879 €9
Show full history (18 quarters)
2023 Q2190 581 €▲ 61%85 707 €94 835 €9
2023 Q1171 385 €▲ 28%90 703 €97 292 €8
2022 Q4135 098 €56 773 €57 337 €9
2022 Q3119 326 €59 564 €58 444 €9
2022 Q2118 190 €55 851 €52 791 €9
2022 Q1134 015 €72 584 €77 913 €9

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue961 k €▼ 5%1,0 m €▲ 43%710 k €▲ 52%468 k €▼ 33%703 k €
Profit-420 k €▲ 33%-631 k €▲ 26%-850 k €▼ into loss506 k €▼ 2%517 k €
Profit margin-43,7%-62,1%-119,7%108,1%73,5%
Retained earnings4,2 m €▼ 13%4,8 m €▼ 10%5,3 m €▲ 10%4,8 m €▲ 12%4,3 m €
Cash48 234 €▼ 89%432 k €▼ 84%2,6 m €▲ 15%2,3 m €▼ 18%2,8 m €
Current assets6,8 m €▲ 137%2,9 m €▼ 37%4,6 m €▲ 62%2,8 m €▼ 2%2,9 m €
Fixed assets2,5 m €▼ 79%12,0 m €▲ 36%8,8 m €▼ 20%11,0 m €▲ 38%7,9 m €
Assets9,3 m €▼ 37%14,9 m €▲ 11%13,4 m €▼ 3%13,8 m €▲ 28%10,8 m €
Current liabilities5,4 m €▼ 49%10,6 m €▲ 20%8,8 m €▲ 5%8,4 m €▲ 42%5,9 m €
Long-term liabilities————0 €
Total liabilities5,4 m €▼ 49%10,6 m €▲ 20%8,8 m €▲ 5%8,4 m €▲ 42%5,9 m €
Equity3,8 m €▼ 10%4,3 m €▼ 7%4,6 m €▼ 16%5,4 m €▲ 10%4,9 m €
Labour costs1,0 m €▲ 14%902 k €▲ 12%807 k €▲ 23%655 k €▲ 21%542 k €
Employees90%90%90%90%9
Filed28.04.202625.06.202517.07.202429.06.202330.06.2022
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Development of building projects main activity68121592 202 €62%
Real estate agencies68311368 643 €38%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

Loading properties…

Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 06.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

none

No transactions with state agencies, procurement contracts or grants found

RTK Saldo, Riigihangete register, RTK toetatud projektid

Holdings in other companies

1
CompanyCodeHoldingSinceRevenue
Hepsor SOF OÜ1720166550,0%11.04.202592 433 €

Business Register

Companies linked via the board

24
Hepsor 3TORNI OÜMihkel Mäger8,3 m €BBHepsor Phoenix 2 OÜMartti Krass, Mihkel Mäger7,2 m €AAAHepsor N57 OÜMihkel Mäger2,3 m €BBHepsor M14 OÜMihkel Mäger712 k €AAHepsor Phoenix 4 OÜMihkel Mäger623 k €AHepsor SOF OÜMihkel Mäger92 433 €AAHepsor ASMartti Krass91 000 €AHepsor A1 OÜMihkel Mäger35 761 €AHugomon OÜMartti Krass15 000 €AHepsor V7 OÜMihkel Mäger7 756 €ARae vald, Peetri alevik, Kopli tee 8 korteriühistuMartti Krass3 170 €AHepsor Phoenix 3 OÜMihkel Mäger2 302 €AAHepsor PHOENIX OÜMihkel Mäger0 €BBOÜ Hepsor Bal9Martti Krass0 €BBHepsor PV11 OÜMihkel Mäger0 €BBKvarta Holding OÜMartti Krass0 €BBHepsor Latvia OÜMartti Krass0 €BBH&R Residentsid OÜMihkel Mäger0 €BBHepsor Kanada OÜMartti Krass0 €BBKanada SPV1 OÜMartti Krass0 €BBHepsor VT49 OÜMihkel Mäger0 €BBKanada SPV2 OÜMartti Krass0 €BBHepsor PHX5 OÜMihkel Mäger0 €Meles Capital OÜMihkel Mäger0 €

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Hoonestusprojektide arendus

20
#CompanyRevenue
1OÜ Kalaranna Kvartal30,0 m €
2Liven Kodu 20 OÜ28,2 m €
3Bonava Eesti OÜ25,9 m €
4Liven Kodu 16 OÜ17,2 m €
5SSC OÜ9,5 m €
6OÜ Kindrali Majad9,1 m €
7OÜ Astlanda Invest9,1 m €
8Hepsor 3TORNI OÜ8,3 m €
9Solares OÜ8,2 m €
10Merevaate Residents OÜ7,9 m €
11Räni KV OÜ7,9 m €
12Hepsor Phoenix 2 OÜ7,2 m €
13Merirahu Residence OÜ6,9 m €
14Rehelepa Arendus OÜ6,2 m €
15Tormi 11 OÜ5,8 m €
16IBE Estonia OÜ4,8 m €
17EN2 OÜ4,8 m €
18MANTRUM VEOD OÜ4,5 m €
19ViimsiVillage OÜ4,2 m €
20J14 OÜ3,9 m €

Hepsor Finance OÜ: place 76 /349

Similar size: Diego Arendus OÜ, DVF Estate OÜ, OÜ Ruum Invest, Raeküla Arendus OÜ, Mardi 3 OÜ, ALMEE RESIDENTSID OÜ, Rehetare Arendus OÜ, Vahi Arenduse OÜ, Thessonia OÜ, Hüüru Kinnisvara OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

No data

History and notices

29
DateTypeContent
12.06.2026EntrySecond, constitutive merger entry (on the acquiring company's register card)
01.06.2026Order to remedy deficienciesSecond, constitutive merger entry (on the acquiring company's register card)
07.08.2025EntryAmendment entry
17.12.2024EntryEsimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile)
17.12.2024EntryKolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile)
13.09.2024Eitav kandemäärusEsimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile)
04.09.2024Administrative orderJaotuva isiku kustutamiskanne (teine, konstitutiivne jagunemiskanne jaotumisel)
09.07.2024Trahvihoiatusmäärus: majandusaasta aruanne esitamata
03.04.2024EntryAmendment entry
15.12.2021EntrySecond, constitutive merger entry (on the acquiring company's register card)
23.08.2021EntryAmendment entry
06.07.2021EntryEralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
17.06.2021Order to remedy deficienciesEralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
08.06.2021Order to remedy deficienciesEralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
30.03.2021EntrySecond, constitutive merger entry (on the acquiring company's register card)
25.03.2021Order to remedy deficienciesSecond, constitutive merger entry (on the acquiring company's register card)
03.02.2021EntrySecond, constitutive merger entry (on the acquiring company's register card)
01.02.2021Order to remedy deficienciesSecond, constitutive merger entry (on the acquiring company's register card)
06.10.2020EntryAmendment entry
29.05.2019EntryAmendment entry
03.04.2019EntryEsimene, deklaratiivne jagunemiskanne (omandava isiku registrikaardile)
03.04.2019EntryKolmas, informatiivne jagunemiskanne (omandava isiku registrikaardile)
13.03.2019Order to remedy deficienciesEralduva isiku jagunemiskanne (teine, konstitutiivne kanne jagunemisel)
07.12.2018EntrySecond, constitutive merger entry (on the acquiring company's register card)
14.03.2018EntryAmendment entry
17.01.2018EntryAmendment entry
02.12.2017EntryAmendment entry
31.08.2016EntryAmendment entry
15.10.2012EntryFirst entry