Talsi Music OÜ

Registered

12544432Private limited company (OÜ)Founded 2013

Key figures

64 450 €−12,5%

Revenue 2025

−11,3%

Average annual change 2019–2025

Ratios

2025

−1,4%

Profit margin

8,6%

EBITDA margin

92,4%

Equity ratio

13×

Current ratio

−1,0%

Return on equity

1717 €

Average gross salary

Summary: Talsi Music OÜ

What kind of company is it?

Talsi Music OÜ (registry code 12544432) is a private limited company (OÜ). The company was entered in the Commercial Register in 2013 and has been registered for 13 years. Registered location: Tartu linn, Tartu 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 EE101737832).

How is the company doing financially?

Revenue in financial year 2025 was 64 450 €, down 12,5% on the previous year (73 683 €). From 2019 to 2025, revenue declined by an average of 11,3% per year. Financial year 2025 ended with a loss of 911 €. The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 64 450 €. At the end of financial year 2025, total assets were 99 138 € and equity 91 577 € (92,4% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 27 350 €, up 25,3% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2650 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1720 € 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 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. The LEI code (984500673E39BF075621) comes from the GLEIF database. 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	27 350 €	1	2650 €
Q2 2026	9993 €	1	2884 €
Q1 2026	16 798 €	1	3274 €
Q4 2025	20 709 €	1	2728 €
Q3 2025	21 823 €	1	1949 €
Q2 2025	1550 €	1	1559 €
Q1 2025	15 019 €	1	0 €

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 12 000 € (12% of distributable profit).

History

202512 000 €

20240 €

20230 €

20220 €

20210 €

20200 €

Summary of financial statements2021–2025

	2021	2022	2023	2024	2025
Sales revenue	162 996	47 428	47 633	73 683	64 450
Net profit	10 624	−44 148	13 718	36 874	−911
Retained earnings	84 670	95 294	51 146	64 864	89 738
Total assets	120 200	54 537	67 988	105 931	99 138
Total liabilities	22 156	641	374	1443	7561
Total equity	98 044	53 896	67 614	104 488	91 577
Employees	1	1	0	0	1
Average gross salary (monthly)	1081	2630	—	—	1219
Calculated dividend	0	0	0	0	12 000

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

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

All on time

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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State aid and grants

7 records

State aid and de minimis aid in total 5930 € (2016–2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (5930 €).

Show all aid records (7)

2024124 €

20192000 €

201778 €

20163728 €

Grantor	Purpose	Amount	Date
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	75 €	21.10.2024
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	49 €	11.09.2024
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	2000 €	30.04.2019
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	37 €	18.09.2017
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	41 €	29.03.2017
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	2172 €	19.10.2016
Ettevõtluse ja Innovatsiooni Sihtasutus	Muu	1556 €	30.03.2016

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.

Related companies

Largest in the same sector — Arts, entertainment and recreation

Same activity — Stage performance by musicians

Same address