Tiit Music OÜ
RegisteredKey figures
Ratios
2025Summary: Tiit Music OÜ
What kind of company is it?
Tiit Music OÜ (registry code 14874257) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Nõmme linnaosa, Tallinn, Harju 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 EE102656543).
How is the company doing financially?
Revenue in financial year 2025 was 91 506 €, down 6,4% on the previous year (97 803 €). From 2019/20 to 2025, revenue grew by an average of 30,6% per year. Net profit for financial year 2025 was 7985 € (8,7% of revenue). The company was profitable in all 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 91 506 €. At the end of financial year 2025, total assets were 110 072 € and equity 88 435 € (80,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 23 526 €, down 9,7% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1314 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 960 € 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 17.05.2026. 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 | 23 526 € | 1 | 1314 € |
| Q2 2026 | 5729 € | 1 | 1415 € |
| Q1 2026 | 25 115 € | 1 | 1281 € |
| Q4 2025 | 14 088 € | 1 | 1570 € |
| Q3 2025 | 26 061 € | 1 | 1570 € |
| Q2 2025 | 26 756 € | 1 | 1342 € |
| Q1 2025 | 28 902 € | 1 | 2753 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 22 097 | 39 800 | 59 353 | 97 803 | 91 506 |
| Net profit | 1539 | 14 868 | 24 354 | 30 699 | 7985 |
| Retained earnings | 10 989 | 12 529 | 27 397 | 49 751 | 80 450 |
| Total assets | 12 528 | 29 373 | 56 759 | 86 748 | 110 072 |
| Total liabilities | — | 1976 | 5008 | 6298 | 21 637 |
| Total equity | 12 528 | 27 397 | 51 751 | 80 450 | 88 435 |
| Employees | 0 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | — | 346 | 492 | 1331 | 1078 |
| Calculated dividend | 0 | 0 | 0 | 2000 | 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 obligationsAll clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 171 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (171 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 171 € | 18.11.2025 |
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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