BLUNK Education OÜ

Registered
16048730Private limited company (OÜ)Founded 2020

Key figures

41 938 €−42,6%
Revenue 2025/26
+47,2%
Average annual growth 2020–2025/26
020 k40 k60 k80 k20202021/222022/232023/242024/252025/26

Ratios

2025/26

Summary: BLUNK Education OÜ

What kind of company is it?

BLUNK Education OÜ (registry code 16048730) is a private limited company (OÜ). The company was entered in the Commercial Register in 2020 and has been registered for 6 years. Registered location: Pirita linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is other education n.e.c. (EMTAK 85599). The company is registered for VAT (VAT number EE102789067).

How is the company doing financially?

Revenue in financial year 2025/26 was 41 938 €, down 42,6% on the previous year (73 064 €). From 2020 to 2025/26, revenue grew by an average of 47,2% per year. Financial year 2025/26 ended with a loss of 3044 €. The company was profitable in 3 of the 6 published financial years. According to the report, the company had no employees in financial year 2025/26. At the end of financial year 2025/26, total assets were 32 520 € and equity 1830 € (5,6% 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 company has one management board member. The sole owner of the company is a private individual.

What should you look out for?

Equity is below half of the share capital (4500 €); in this case the Commercial Code requires measures to restore equity.

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. Latest register change: 30.09.2026. Financial figures come from annual reports; the latest report (financial year 2025/26) was filed on 26.05.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €—0 €
Q2 2026616 €—0 €
Q1 20264929 €—0 €
Q4 20258958 €—0 €
Q3 202511 856 €—0 €
Q2 202511 220 €—902 €
Q1 202516 897 €—1337 €

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
2021/222022/232023/242024/252025/26
Sales revenue19 20637 25445 37773 06441 938
Net profit176410 26218 021−24 599−3044
Retained earnings−5074−3310695224 973374
Total assets565713 83331 81639 91632 520
Total liabilities44672381234335 04230 690
Total equity119011 45229 47348741830
Employees10110
Average gross salary (monthly)327—602894—
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 obligations1 note6 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
Filed late: 2023, 2024
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%BLUNK Education OÜMargus Kägu
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

1 record

State aid and de minimis aid in total 1325 € (2021). Largest grantors: Eesti Töötukassa (1325 €).

Show all aid records (1)
20211325 €
GrantorPurposeAmountDate
Eesti TöötukassaCOVID-19 VTA1325 €04.02.2021

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 ↗

Change history

2 changes
  • 12.10.2026*Added: Interim bankruptcy trustee Kristjan Aava
  • 30.09.2026Registry entry changed

Entered in the register on 10.09.2020.

Source: Business Register change list and open data. * date the change was detected in open data (it happened between this and the previous data update).

Annual reportsPDF, XBRL

Loading list of reports…

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

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