Tier Music OÜ

Registered
14021046Private limited company (OÜ)Founded 2016

Key figures

120 940 €−49,5%
Revenue 2025
+7,8%
Average annual growth 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025

Summary: Tier Music OÜ

What kind of company is it?

Tier Music OÜ (registry code 14021046) 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: Nõmme linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other support activities to arts and performing arts, except stage technical (EMTAK 90399). The company is registered for VAT (VAT number EE101965905).

How is the company doing financially?

Revenue in financial year 2025 was 120 940 €, down 49,5% on the previous year (239 253 €). From 2019 to 2025, revenue grew by an average of 7,8% per year. Net profit for financial year 2025 was 364 € (0,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 60 470 €. At the end of financial year 2025, total assets were 151 049 € and equity 84 645 € (56,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 32 060 €, up 102% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 2548 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1660 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 28.04.2026. 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 (894500N5G0FYPV5MR718) 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
QuarterRevenueNumber of employeesLabour taxes
Q3 202632 060 €12548 €
Q2 202615 905 €22394 €
Q1 202644 224 €22263 €
Q4 202517 468 €22424 €
Q3 202515 864 €22424 €
Q2 202526 426 €21986 €
Q1 202543 992 €21088 €

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 14 543 € (15% of distributable profit).

History
202514 543 €
202425 000 €
202330 000 €
202220 000 €
20218000 €
202010 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue83 316132 277185 953239 253120 940
Net profit16 94142 95848 43624 416364
Retained earnings38 57335 51448 47271 90881 781
Total assets71 016123 200161 353142 006151 049
Total liabilities13 00242 22861 94543 18266 404
Total equity58 01480 97299 40898 82484 645
Employees12212
Average gross salary (monthly)122612051087635739
Calculated dividend800020 00030 00025 00014 543

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
Register status
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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100%Tier Music OÜ3Thea Zaitsev
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

33 records

State aid and de minimis aid in total 27 789 € (2016–2026). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (18 202 €), Kultuuriministeerium (8587 €), SA Keskkonnainvesteeringute Keskus (1000 €).

Show all aid records (33)
20261230 €
20251119 €
20241175 €
20231000 €
20224470 €
202113 516 €
2020555 €
20193551 €
GrantorPurposeAmountDate
Ettevõtluse ja Innovatsiooni SihtasutusMuu230 €04.09.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu1000 €11.04.2026
Ettevõtluse ja Innovatsiooni SihtasutusMuu158 €28.10.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu28 €29.09.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu283 €26.05.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu500 €02.04.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu150 €28.02.2025
Ettevõtluse ja Innovatsiooni SihtasutusMuu1126 €22.11.2024
Ettevõtluse ja Innovatsiooni SihtasutusMuu49 €11.09.2024
SA Keskkonnainvesteeringute KeskusMuu1000 €19.07.2023
Ettevõtluse ja Innovatsiooni SihtasutusMuu2778 €30.04.2022
Ettevõtluse ja Innovatsiooni SihtasutusMuu1692 €31.03.2022
Ettevõtluse ja Innovatsiooni SihtasutusMuu1823 €31.12.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu548 €26.11.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu710 €30.09.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu1397 €30.06.2021
KultuuriministeeriumKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"8587 €18.06.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu400 €31.03.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu12 €11.03.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu39 €12.02.2021
Ettevõtluse ja Innovatsiooni SihtasutusMuu42 €31.12.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu200 €31.12.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu313 €23.11.2020
Ettevõtluse ja Innovatsiooni SihtasutusMuu3000 €30.04.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu551 €30.01.2019
Ettevõtluse ja Innovatsiooni SihtasutusMuu208 €06.10.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu99 €18.08.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu60 €07.06.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu187 €08.03.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu61 €23.01.2018
Ettevõtluse ja Innovatsiooni SihtasutusMuu9 €17.10.2017
Ettevõtluse ja Innovatsiooni SihtasutusMuu467 €29.09.2016
Ettevõtluse ja Innovatsiooni SihtasutusMuu82 €31.03.2016

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
YearFiles
2025DDOC/BDOCPDFXBRL
2024DDOC/BDOCPDFXBRL
2023DDOC/BDOCPDFXBRL
2022DDOC/BDOCPDFXBRL
2021DDOC/BDOCPDFXBRL
2020DDOC/BDOCPDFXBRL
2019DDOC/BDOCPDFXBRL

Source: e-Business Register (RIK). Files open/download directly from the official register.

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