Baltic Music OÜ
RegisteredKey figures
Ratios
2025Summary: Baltic Music OÜ
What kind of company is it?
Baltic Music OÜ (registry code 14002818) is a private limited company (OÜ). The company was entered in the Commercial Register in 2016 and has been registered for 10 years. Registered location: Nõuni küla, Otepää vald, Valga maakond. According to the latest annual report, the main activity is all other professional, scientific and technical activities n.e.c. (EMTAK 74991). The company is registered for VAT (VAT number EE101881306).
How is the company doing financially?
Revenue in financial year 2025 was 225 975 €, down 60,9% on the previous year (578 669 €). From 2019 to 2025, revenue declined by an average of 7,3% per year. Net profit for financial year 2025 was 10 366 € (4,6% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 112 988 €. At the end of financial year 2025, total assets were 2 233 347 € and equity 692 733 € (31,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 1017 €, down 96,2% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2711 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 980 € 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 (76%) 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 26.10.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1017 € | 2 | 2711 € |
| Q2 2026 | 614 554 € | 2 | 2597 € |
| Q1 2026 | 530 288 € | 2 | 2859 € |
| Q4 2025 | 177 557 € | 2 | 3258 € |
| Q3 2025 | 26 733 € | 2 | 2509 € |
| Q2 2025 | 17 787 € | 2 | 1416 € |
| Q1 2025 | 271 981 € | 2 | 2562 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2270 | 84 500 | 352 026 | 578 669 | 225 975 |
| Net profit | −3000 | −26 175 | 4427 | −16 906 | 10 366 |
| Retained earnings | 723 543 | 720 543 | 694 846 | 699 273 | 682 367 |
| Total assets | 1 034 904 | 1 069 200 | 1 067 911 | 991 602 | 2 233 347 |
| Total liabilities | 314 361 | 374 832 | 368 638 | 309 235 | 1 540 614 |
| Total equity | 720 543 | 694 368 | 699 273 | 682 367 | 692 733 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 569 | 629 | 715 | 820 | 886 |
| 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 obligations1 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
7 recordsState aid and de minimis aid in total 196 377 € (2019–2024). Largest grantors: Kultuuriministeerium (182 392 €), Ettevõtluse ja Innovatsiooni Sihtasutus (13 944 €), Põllumajanduse Registrite ja Informatsiooni Amet (28 €), MTÜ Maakondlikud Arenduskeskused (13 €).
Show all aid records (7)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| MTÜ Maakondlikud Arenduskeskused | Muu | 13 € | 01.10.2024 |
| Kultuuriministeerium | COVID-19 VTA | 20 031 € | 10.05.2022 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 80 446 € | 10.05.2022 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 39 741 € | 18.06.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Arendusosak | 13 944 € | 26.04.2021 |
| Kultuuriministeerium | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" | 42 174 € | 03.12.2020 |
| Põllumajanduse Registrite ja Informatsiooni Amet | Koolitus VTA | 28 € | 24.09.2019 |
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 ↗
Change history
1 change- 09.11.2026*Annual report 2025 filed
Entered in the register on 26.02.2016.
Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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