Estonian Music Industry OÜ

Registered
12114542Private limited company (OÜ)Founded 2011

Key figures

229 757 €+9,7%
Revenue 2025
+9,0%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Estonian Music Industry OÜ

What kind of company is it?

Estonian Music Industry OÜ (registry code 12114542) is a private limited company (OÜ). The company was entered in the Commercial Register in 2011 and has been registered for 15 years. Registered location: Kesklinna 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 EE101454225).

How is the company doing financially?

Revenue in financial year 2025 was 229 757 €, up 9,7% on the previous year (209 406 €). From 2019 to 2025, revenue grew by an average of 9,0% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 15 183 € (6,6% 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 229 757 €. At the end of financial year 2025, total assets were 227 348 € and equity 126 128 € (55,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 146 613 €, up 181% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1201 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 890 € per month.

Who runs the company and who owns it?

The management board has 2 members. 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 12.07.2026. 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 2026146 613 €11201 €
Q2 202688 410 €11096 €
Q1 202690 221 €11106 €
Q4 202570 243 €11126 €
Q3 202552 194 €11126 €
Q2 202559 052 €11126 €
Q1 202536 871 €11046 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202410 438 €
20230 €
20220 €
20211251 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue84 189122 769154 702209 406229 757
Net profit29 28231 148785410 46815 183
Retained earnings40 15569 412100 56097 976108 445
Total assets154 928171 587144 114148 988227 348
Total liabilities82 99168 52733 20038 044101 220
Total equity71 937103 060110 914110 944126 128
Employees11111
Average gross salary (monthly)801654725841886
Calculated dividend12510010 4380

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: 2024, 2025
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%Estonian Music Indust…1Otto-Karl Vendt1Nele Vendt
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

3 records

State aid and de minimis aid in total 60 656 € (2020–2021). Largest grantors: Kultuuriministeerium (60 656 €).

Show all aid records (3)
202145 656 €
202015 000 €
GrantorPurposeAmountDate
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"26 118 €18.06.2021
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"19 538 €29.03.2021
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"15 000 €21.07.2020

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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