OÜ Music Gear
RegisteredKey figures
Ratios
2024Summary: OÜ Music Gear
What kind of company is it?
OÜ Music Gear (registry code 14254856) 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: Kärdla linn, Hiiumaa vald, Hiiu maakond. According to the latest annual report, the main activity is stage performance by musicians (EMTAK 90202). The company is registered for VAT (VAT number EE102014790).
How is the company doing financially?
Revenue in financial year 2025 was 130 954 €, up 11,3% on the previous year (117 628 €). From 2019 to 2025, revenue grew by an average of 37,1% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2024 was 7287 € (6,2% of revenue). The company was profitable in 4 of the 6 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 65 477 €. At the end of financial year 2024, total assets were 64 728 € and equity 39 766 € (61,4% of assets). Based on labour costs in the report, the estimated average gross salary was about 1020 € per month.
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 40 226 €, down 11,2% on the same quarter a year earlier. Labour taxes paid in the quarter: 2307 €.
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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 20.09.2025. 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 | 40 226 € | — | 2307 € |
| Q2 2026 | 12 988 € | 1 | 2137 € |
| Q1 2026 | 48 911 € | 1 | 2157 € |
| Q4 2025 | 19 192 € | 1 | 2198 € |
| Q3 2025 | 45 290 € | 1 | 2198 € |
| Q2 2025 | 16 984 € | 1 | 1823 € |
| Q1 2025 | 45 569 € | 1 | 1031 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Sales revenue | 25 484 | 47 992 | 86 102 | 86 041 | 117 628 |
| Net profit | −4689 | 2500 | 2882 | 9462 | 7287 |
| Retained earnings | 19 824 | 15 135 | 17 634 | 20 517 | 29 979 |
| Total assets | 17 805 | 21 934 | 31 090 | 60 569 | 64 728 |
| Total liabilities | 170 | 1800 | 8075 | 28 090 | 24 962 |
| Total equity | 17 635 | 20 134 | 23 015 | 32 479 | 39 766 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | 339 | 924 | — | 1020 |
| 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 issue6 clear
Data from public registers, not a credit rating.
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State aid and grants
1 recordState aid and de minimis aid in total 9000 € (2026). Largest grantors: Põllumajanduse Registrite ja Informatsiooni Amet (9000 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Põllumajanduse Registrite ja Informatsiooni Amet | Investeeringud | 9000 € | 03.06.2026 |
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.