Masterhead Records OÜ
RegisteredKey figures
Ratios
2024/25Summary: Masterhead Records OÜ
What kind of company is it?
Masterhead Records OÜ (registry code 12332658) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Põhja-Tallinna 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 EE101593571).
How is the company doing financially?
Revenue in financial year 2026 was 15 967 €, down 8,8% on the previous year (17 514 €). From 2018/19 to 2026, revenue declined by an average of 16,1% per year. Net profit for financial year 2024/25 was 671 € (3,8% of revenue). The company was profitable in 2 of the 7 published financial years. According to the report, the company had no employees in financial year 2026.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 6498 €, up 16,4% on the same quarter a year earlier.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is a private individual.
What should you look out for?
Equity was negative at the end of financial year 2024/25 (−1221 €). Equity is below half of the share capital (2500 €); in this case the Commercial Code requires measures to restore equity.
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 2024/25) was filed on 08.10.2025. 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 | 6498 € | — | 0 € |
| Q2 2026 | 580 € | — | 0 € |
| Q1 2026 | 3720 € | — | 0 € |
| Q4 2025 | 4209 € | — | 0 € |
| Q3 2025 | 5582 € | — | 0 € |
| Q2 2025 | 2411 € | — | 0 € |
| Q1 2025 | 5823 € | — | 0 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 13 383 | 19 324 | 18 798 | 29 105 | 17 514 |
| Net profit | −4192 | −2073 | −2589 | −2218 | 671 |
| Retained earnings | 9181 | 4989 | 2915 | 326 | −1892 |
| Total assets | 6764 | 5948 | 2186 | 912 | 289 |
| Total liabilities | 1775 | 3033 | 1860 | 2804 | 1510 |
| Total equity | 4989 | 2915 | 326 | −1892 | −1221 |
| Employees | 1 | 1 | 0 | 0 | 0 |
| Average gross salary (monthly) | 584 | — | — | — | — |
| 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 obligationsAll 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 1211 € (2017–2021). Largest grantors: Eesti Töötukassa (1172 €), Ettevõtluse ja Innovatsiooni Sihtasutus (39 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | COVID-19 VTA | 1172 € | 03.02.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 30 € | 07.06.2018 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 9 € | 17.10.2017 |
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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