Osaühing Music Factory

Registered
11176593Private limited company (OÜ)Founded 2005

Key figures

31 134 €−24,7%
Revenue 2025
−16,2%
Average annual change 2019–2025
025 k50 k75 k100 k2019202020212022202320242025

Ratios

2025

Summary: Osaühing Music Factory

What kind of company is it?

Osaühing Music Factory (registry code 11176593) is a private limited company (OÜ). The company was entered in the Commercial Register in 2005 and has been registered for 21 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is amusement and recreation activities n.e.c. (EMTAK 93291). The company is registered for VAT (VAT number EE101002745).

How is the company doing financially?

Revenue in financial year 2025 was 31 134 €, down 24,7% on the previous year (41 333 €). From 2019 to 2025, revenue declined by an average of 16,2% per year. Financial year 2025 ended with a loss of 3037 €. The company was profitable in 2 of the 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 31 134 €. At the end of financial year 2025, total assets were 38 757 € and equity 23 738 € (61,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 9677 €, up 90,5% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1157 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 870 € per month.

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.

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 2025) was filed on 17.06.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20269677 €11157 €
Q2 20266952 €11089 €
Q1 20267266 €11064 €
Q4 202511 720 €11085 €
Q3 20255081 €11085 €
Q2 20258048 €11085 €
Q1 20257806 €11006 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 1703 € (7% of distributable profit).

History
20251703 €
20240 €
20235790 €
20220 €
20210 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue13 463626426 38141 33331 134
Net profit−6217−26 780−31 445−9018−3037
Retained earnings104 91798 70066 13034 68423 963
Total assets146 836122 079104 425118 51838 757
Total liabilities45 32447 34766 92990 04015 019
Total equity101 51274 73237 49628 47823 738
Employees11111
Average gross salary (monthly)512709723—886
Calculated dividend00579001703

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 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

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100%Osaühing Music Factory5Gert Laasme
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 17 203 € (2020–2021). Largest grantors: Kultuuriministeerium (17 203 €).

Show all aid records (2)
202110 033 €
20207170 €
GrantorPurposeAmountDate
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"10 033 €18.06.2021
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"7170 €03.12.2020

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

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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