Music Island OÜ
RegisteredKey figures
Ratios
2024Summary: Music Island OÜ
What kind of company is it?
Music Island OÜ (registry code 10922120) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is stage performance by musicians (EMTAK 90202). The company is registered for VAT (VAT number EE101084637).
How is the company doing financially?
Revenue in financial year 2024 was 70 771 €, up 9,3% on the previous year (64 749 €). From 2019 to 2024, revenue declined by an average of 1,8% per year. Net profit for financial year 2024 was 14 387 € (20,3% of revenue). The company was profitable in 5 of the 6 published financial years. According to the report, the company had no employees in financial year 2024. At the end of financial year 2024, total assets were 70 497 € and equity 62 062 € (88,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 6704 €, down 7,9% on the same quarter a year earlier.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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. Financial figures come from annual reports; the latest report (financial year 2024) was filed on 30.06.2025. 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 | 6704 € | — | 0 € |
| Q2 2026 | 10 063 € | — | 0 € |
| Q1 2026 | 11 394 € | — | 0 € |
| Q4 2025 | 19 118 € | — | 0 € |
| Q3 2025 | 7276 € | — | 0 € |
| Q2 2025 | 14 877 € | — | 0 € |
| Q1 2025 | 37 132 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 40 989 | 48 222 | 65 970 | 64 749 | 70 771 |
| Net profit | −25 061 | 27 687 | 9013 | 2860 | 14 387 |
| Retained earnings | 30 365 | 5304 | 32 991 | 42 003 | 44 863 |
| Total assets | 24 711 | 38 799 | 47 781 | 51 592 | 70 497 |
| Total liabilities | 16 595 | 2996 | 2966 | 3917 | 8435 |
| Total equity | 8116 | 35 803 | 44 815 | 47 675 | 62 062 |
| Employees | 1 | 0 | 0 | 0 | 0 |
| Average gross salary (monthly) | — | — | — | — | — |
| 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 obligations1 issue6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
11 recordsState aid and de minimis aid in total 52 937 € (2015–2026). Largest grantors: Kultuuriministeerium (25 342 €), Ettevõtluse ja Innovatsiooni Sihtasutus (19 660 €), Sihtasutus Eesti Filmi Instituut (7935 €).
Show all aid records (11)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 11 096 € | 08.01.2026 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 28 € | 29.09.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 5000 € | 24.08.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 283 € | 26.05.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 500 € | 30.04.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 500 € | 02.04.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 2253 € | 22.11.2024 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 8617 € | 18.06.2021 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 5884 € | 29.03.2021 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 10 841 € | 03.12.2020 |
| Sihtasutus Eesti Filmi Instituut | Stsenaariumi-, arendus-, tootmis-, levi-, promotsiooni- ja menutoetused | 7935 € | 10.12.2015 |
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 ↗
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.