Creative Union AS
RegisteredKey figures
Ratios
2025Summary: Creative Union AS
What kind of company is it?
Creative Union AS (registry code 10231404) is a public limited company (AS). The company was entered in the Commercial Register in 1997 and has been registered for 29 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is activities of head offices (EMTAK 70101). The company is registered for VAT (VAT number EE100319811).
How is the company doing financially?
Revenue in financial year 2025 was 247 393 €, down 39,8% on the previous year (410 982 €). From 2019 to 2025, revenue declined by an average of 18,5% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 353 892 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 4 employees (6 a year earlier). Revenue per employee was 61 848 €. Based on labour costs in the report, the estimated average gross salary was about 1660 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 28 075 €, down 55,8% on the same quarter a year earlier. Labour taxes paid in the quarter: 280 €.
Who runs the company and who owns it?
The company has one management board member. The supervisory board has 3 members.
What should you look out for?
Equity was negative at the end of financial year 2025 (−2 289 724 €). Equity is below half of the share capital (83 200 €); in this case the Commercial Code requires measures to restore equity.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Latest register change: 04.11.2026. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 26.10.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 28 075 € | — | 280 € |
| Q2 2026 | 10 € | — | 280 € |
| Q1 2026 | 18 438 € | — | 5569 € |
| Q4 2025 | 77 685 € | 1 | 9240 € |
| Q3 2025 | 63 485 € | 2 | 10 440 € |
| Q2 2025 | 56 508 € | 2 | 21 490 € |
| Q1 2025 | 73 073 € | 2 | 22 028 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 866 097 | 713 813 | 538 569 | 410 982 | 247 393 |
| Net profit | 234 303 | −72 366 | −287 209 | −496 333 | −353 892 |
| Retained earnings | −1 405 736 | −1 171 433 | −1 243 799 | −1 531 008 | −2 027 341 |
| Total assets | 799 005 | 755 976 | 736 523 | 491 125 | 444 165 |
| Total liabilities | 1 878 929 | 1 908 266 | 2 176 022 | 2 426 957 | 2 733 889 |
| Total equity | −1 079 924 | −1 152 290 | −1 439 499 | −1 935 832 | −2 289 724 |
| Employees | 0 | 0 | 6 | 6 | 4 |
| Average gross salary (monthly) | — | — | — | — | 1658 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
Risks and obligations2 notes6 clear
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 29 960 € (2017–2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (29 960 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 4500 € | 17.06.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 12 497 € | 03.12.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 12 497 € | 12.11.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 365 € | 28.08.2019 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu VTA | 101 € | 05.05.2017 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Change history
4 changes- 09.11.2026*Annual report 2025 filed
- 09.11.2026*Added: Shareholder Creative Union AS
- 09.11.2026*Left: Shareholder
- 04.11.2026Registry entry changed
Entered in the register on 02.07.1997.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
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