ART5 Spirits OÜ
RegisteredKey figures
Ratios
2024Summary: ART5 Spirits OÜ
What kind of company is it?
ART5 Spirits OÜ (registry code 12926317) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 11 years. Registered location: Audevälja küla, Lääne-Harju vald, Harju maakond. According to the latest annual report, the main activity is beverage serving activities (EMTAK 56301). The company is registered for VAT (VAT number EE101826620).
How is the company doing financially?
Revenue in financial year 2024 was 54 010 €, up 751% on the previous year (6345 €). From 2019 to 2024, revenue grew by an average of 47,6% per year. This is the company's highest revenue among the published years (2019–2024). Financial year 2024 ended with a loss of 101 181 €. The company was profitable in 2 of the 6 published financial years. In financial year 2024 the company had 1 employees (5 a year earlier). Revenue per employee was 54 010 €. Based on labour costs in the report, the estimated average gross salary was about 730 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 12 096 €, down 29,3% on the same quarter a year earlier. Labour taxes paid in the quarter: 292 €.
Who runs the company and who owns it?
The company has one management board member. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time. Equity was negative at the end of financial year 2024 (−130 109 €). 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) was filed on 17.09.2025. 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 | 12 096 € | — | 292 € |
| Q2 2026 | 407 901 € | 1 | 1401 € |
| Q1 2026 | 33 855 € | 1 | 1106 € |
| Q4 2025 | 34 764 € | 1 | 0 € |
| Q3 2025 | 17 110 € | — | 1167 € |
| Q2 2025 | 23 143 € | 1 | 947 € |
| Q1 2025 | 56 199 € | 1 | 1204 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 28 988 €.
Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 1427 | 3548 | 7 | 6345 | 54 010 |
| Net profit | 21 | −12 | 0 | 0 | −101 181 |
| Retained earnings | 51 | 72 | 60 | 60 | −28 928 |
| Total assets | 28 679 | 30 360 | 29 283 | 320 766 | 283 401 |
| Total liabilities | 28 607 | 30 300 | 29 223 | 320 706 | 413 510 |
| Total equity | 72 | 60 | 60 | 60 | −130 109 |
| Employees | 0 | 0 | 0 | 5 | 1 |
| Average gross salary (monthly) | — | — | — | — | 732 |
| Calculated dividend | 0 | 0 | 0 | 0 | 28 988 |
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 obligations2 issues5 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.