Korovo OÜ
RegisteredKey figures
Ratios
2025Summary: Korovo OÜ
What kind of company is it?
Korovo OÜ (registry code 12007510) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is radio broadcasting and audio distribution activities (EMTAK 60101). The company is registered for VAT (VAT number EE101568302).
How is the company doing financially?
Revenue in financial year 2025 was 82 530 €, up 14,6% on the previous year (72 019 €). From 2019 to 2025, revenue grew by an average of 2,7% per year. Net profit for financial year 2025 was 17 480 € (21,2% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 82 530 €. At the end of financial year 2025, total assets were 25 303 € and equity 20 207 € (79,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 18 150 €, up 6,8% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2926 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1870 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 2 owners. The largest stake (50%) is held by 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 25.06.2026. 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 | 18 150 € | 1 | 2926 € |
| Q2 2026 | 17 600 € | 1 | 2926 € |
| Q1 2026 | 16 500 € | 1 | 3055 € |
| Q4 2025 | 17 630 € | 1 | 3158 € |
| Q3 2025 | 16 992 € | 1 | 2846 € |
| Q2 2025 | 31 400 € | 1 | 2846 € |
| Q1 2025 | 17 000 € | 1 | 2868 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 9000 € (98% of distributable profit).
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 106 400 | 70 128 | 97 048 | 72 019 | 82 530 |
| Net profit | 4048 | 7178 | 20 224 | 6427 | 17 480 |
| Retained earnings | 5998 | −384 | 20 | 2744 | 171 |
| Total assets | 28 699 | 14 965 | 38 670 | 17 191 | 25 303 |
| Total liabilities | 16 097 | 5615 | 15 870 | 5464 | 5096 |
| Total equity | 12 602 | 9350 | 22 800 | 11 727 | 20 207 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 832 | 1156 | 1338 | 1299 | 1419 |
| Calculated dividend | 32 588 | 10 430 | 6774 | 17 500 | 9000 |
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 obligationsAll clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 15 344 € (2020). Largest grantors: Eesti Kultuurkapital (7672 €), Sihtasutus Eesti Filmi Instituut (7672 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Kultuurkapital | Abikavad audiovisuaalsete teoste puhul (artikkel 54) | 7672 € | 17.09.2020 |
| Sihtasutus Eesti Filmi Instituut | Abikavad audiovisuaalsete teoste puhul (artikkel 54) | 7672 € | 05.02.2020 |
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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