Artim59 OÜ

Registered
14231298Private limited company (OÜ)Founded 2017

Key figures

5953 €−65,8%
Revenue 2025
−30,8%
Average annual change 2019–2025
020 k40 k60 k2019202020212022202320242025

Ratios

2025

Summary: Artim59 OÜ

What kind of company is it?

Artim59 OÜ (registry code 14231298) is a private limited company (OÜ). The company was entered in the Commercial Register in 2017 and has been registered for 9 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is music production, distribution and publishing (EMTAK 59202). The company is registered for VAT (VAT number EE101970712).

How is the company doing financially?

Revenue in financial year 2025 was 5953 €, down 65,8% on the previous year (17 388 €). From 2019 to 2025, revenue declined by an average of 30,8% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 5569 €. The company made a loss in all 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 115 489 € and equity 112 255 € (97,2% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026.

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 (90%) 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 06.02.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €—193 €
Q2 20261945 €—201 €
Q1 2026726 €—181 €
Q4 20251694 €—207 €
Q3 20250 €—144 €
Q2 20253746 €—204 €
Q1 20259962 €—193 €

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
20212022202320242025
Sales revenue698412 587934417 3885953
Net profit−16 797−6107−7323−5703−5569
Retained earnings−18 496−35 293−41 400−48 723−54 426
Total assets140 797136 897129 980122 577115 489
Total liabilities38406047645347533234
Total equity136 957130 850123 527117 824112 255
Employees10000
Calculated dividend00000

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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10%90%Artim59 OÜTulundusühistu Artim1Auli Andersalu-Targo1Margaret Targo
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 0 € (2020). Largest grantors: Tallinna Linnakantselei (0 €).

Show all aid records (1)
20200 €
GrantorPurposeAmountDate
Tallinna LinnakantseleiKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"0 €01.04.2020

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.

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