Twenty Three Studios OÜ

Registered
14769543Private limited company (OÜ)Founded 2019

Key figures

162 701 €−1,7%
Revenue 2025
−12,5%
Average annual change 2019/20–2025
0100 k200 k300 k400 k2019/2020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Twenty Three Studios OÜ

What kind of company is it?

Twenty Three Studios OÜ (registry code 14769543) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 7 years. Registered location: Lasnamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is translation and interpretation activities (EMTAK 74301). The company is registered for VAT (VAT number EE102177857).

How is the company doing financially?

Revenue in financial year 2025 was 162 701 €, down 1,7% on the previous year (165 576 €). From 2019/20 to 2025, revenue declined by an average of 12,5% per year. This is the company's lowest revenue among the published years (2019/20–2025). Net profit for financial year 2025 was 3432 € (2,1% of revenue). The company was profitable in 3 of the 6 published financial years. In financial year 2025 the company had 1 employees (0 a year earlier). Revenue per employee was 162 701 €. At the end of financial year 2025, total assets were 38 328 € and equity 33 737 € (88,0% of assets). Based on labour costs in the report, the estimated average gross salary was about 420 € per month.

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 64 329 €, up 3,4% on the same quarter a year earlier.

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. 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 202664 329 €——
Q2 202678 019 €—178 €
Q1 202660 946 €—0 €
Q4 202536 909 €——
Q3 202562 238 €——
Q2 202545 819 €—0 €
Q1 202546 558 €——

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 revenue306 839252 312288 577165 576162 701
Net profit−40 200−17 52110 274−16 8833432
Retained earnings94 63454 43536 91447 18830 305
Total assets59 11641 63552 13937 49538 328
Total liabilities46824721495171904591
Total equity54 43436 91447 18830 30533 737
Employees11101
Average gross salary (monthly)373732033737—420
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
100%Twenty Three Studios …Semih Sancar
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies