Music Academy OÜ
RegisteredKey figures
Ratios
2025Summary: Music Academy OÜ
What kind of company is it?
Music Academy OÜ (registry code 11548014) is a private limited company (OÜ). The company was entered in the Commercial Register in 2008 and has been registered for 18 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is beverage serving activities (EMTAK 56301). The company is registered for VAT (VAT number EE101651578).
How is the company doing financially?
Revenue in financial year 2025 was 659 730 €, down 6,2% on the previous year (703 223 €). From 2019 to 2025, revenue declined by an average of 6,7% per year. Financial year 2025 ended with a loss of 3539 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 329 865 €. At the end of financial year 2025, total assets were 320 309 € and equity 249 097 € (77,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 102 973 €, down 32,1% on the same quarter a year earlier. The company had 17 employees in that quarter. Labour taxes paid in the quarter: 11 498 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 590 € per month.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (95,7%) is held by Barsmart OÜ.
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 30.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 102 973 € | 17 | 11 498 € |
| Q2 2026 | 159 407 € | 20 | 10 369 € |
| Q1 2026 | 153 283 € | 15 | 15 862 € |
| Q4 2025 | 190 544 € | 18 | 12 196 € |
| Q3 2025 | 151 559 € | 17 | 11 312 € |
| Q2 2025 | 170 071 € | 17 | 12 861 € |
| Q1 2025 | 146 809 € | 18 | 12 298 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 37 001 € (13% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 444 665 | 964 705 | 991 933 | 703 223 | 659 730 |
| Net profit | 120 306 | 248 117 | 89 267 | 14 358 | −3539 |
| Retained earnings | 89 532 | 74 839 | 243 956 | 272 723 | 250 080 |
| Total assets | 363 958 | 505 634 | 504 608 | 378 805 | 320 309 |
| Total liabilities | 151 564 | 180 122 | 168 829 | 89 168 | 71 212 |
| Total equity | 212 394 | 325 512 | 335 779 | 289 637 | 249 097 |
| Employees | 9 | 5 | 3 | 1 | 2 |
| Average gross salary (monthly) | 519 | 1873 | 3854 | 9298 | 3895 |
| Calculated dividend | 40 001 | 134 999 | 79 000 | 60 500 | 37 001 |
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
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 115 832 € (2020–2021). Largest grantors: Kultuuriministeerium (107 874 €), Ettevõtluse ja Innovatsiooni Sihtasutus (7958 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 80 207 € | 18.06.2021 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 27 667 € | 03.12.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 7958 € | 27.05.2020 |
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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