Art EM OÜRegistered
Key figures
87 975 €+181,5%
Revenue 2025
+34,4%
Average annual growth 2019–2025
Ratios
20259,6%
Profit margin
12,2%
EBITDA margin
1,2%
Equity ratio
2,8×
Current ratio
214,8%
Return on equity
471 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 6494 € | — | 0 € |
| Q1 2026 | 1975 € | — | 2148 € |
| Q4 2025 | 23 990 € | — | 4897 € |
| Q3 2025 | 27 137 € | 2 | 7076 € |
| Q2 2025 | 24 141 € | 2 | 6579 € |
| Q1 2025 | 18 740 € | 2 | 6268 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 147 | 152 769 | 289 080 | 367 390 | 527 414 | 318 180 | 30 433 |
| Total non-current assets | 2685 | 24 159 | 25 341 | 24 670 | 19 773 | 2985 | 289 658 |
| Total assets | 2832 | 176 928 | 314 421 | 392 060 | 547 187 | 321 165 | 320 091 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 224 | 129 317 | 227 114 | 312 521 | 378 481 | 66 476 | 10 775 |
| Non-current liabilities | — | 98 659 | 209 570 | 256 875 | 336 531 | 259 179 | 305 404 |
| Total liabilities | 224 | 227 976 | 436 684 | 569 396 | 715 012 | 325 655 | 316 179 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 1743 | 108 | −53 548 | −124 763 | −179 836 | −170 325 | −6990 |
| Profit for the year | −1635 | −53 656 | −71 215 | −55 073 | 9511 | 163 335 | 8402 |
| Total equity | 2608 | −51 048 | −122 263 | −177 336 | −167 825 | −4490 | 3912 |
| Income statement | |||||||
| Sales revenue | 14 925 | 12 095 | 75 988 | 66 021 | 0 | 31 255 | 87 975 |
| Operating profit | −1635 | −49 649 | −95 735 | −35 241 | −2565 | −2709 | 8402 |
| EBITDA | −8 | −49 649 | −94 648 | −33 201 | −525 | −669 | 10 736 |
| Profit before income tax | −1635 | −53 656 | −71 215 | −55 073 | 9511 | 163 335 | 8402 |
| Profit for the reporting year | −1635 | −53 656 | −71 215 | −55 073 | 9511 | 163 335 | 8402 |
| Labour costs | 0 | 14 418 | 71 881 | 30 009 | 0 | 25 274 | 52 925 |
| Depreciation of non-current assets | 1627 | 0 | 1087 | 2040 | 2040 | 2040 | 2334 |
| Other indicators | |||||||
| Employees | 0 | 2 | 4 | 4 | 0 | 1 | 7 |
| Calculated dividend | — | 0 | 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.
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