Squarewave OÜ

Registered
16153013Private limited company (OÜ)Founded 2021
Annual report for 2025 not filed.

Key figures

5 959 080 €−46,2%
Revenue 2024
+18,5%
Average annual growth 2021–2024
05 m10 m15 m2021202220232024

Ratios

2024

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

Summary: Squarewave OÜ

What kind of company is it?

Squarewave OÜ (registry code 16153013) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Haabersti linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is activities of advertising agencies (EMTAK 73111). The company is registered for VAT (VAT number EE102339310).

How is the company doing financially?

Revenue in financial year 2024 was 5 959 080 €, down 46,2% on the previous year (11 071 041 €). From 2021 to 2024, revenue grew by an average of 18,5% per year. Net profit for financial year 2024 was 104 347 € (1,8% of revenue). The company was profitable in all 4 published financial years. In financial year 2024 the company had 3 employees. Revenue per employee was 1 986 360 €. At the end of financial year 2024, total assets were 837 843 € and equity 171 838 € (20,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, the company declared no turnover in Q3 2026. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2280 € per month.

Who runs the company and who owns it?

The management board has 3 members. According to the register, the company has 6 owners. The largest stake (25%) is held by 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 05.09.2025. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 20260 €310 893 €
Q2 20260 €210 893 €
Q1 20260 €211 047 €
Q4 2025122 €27392 €
Q3 2025795 €18632 €
Q2 2025−58 678 €117 001 €
Q1 20252 151 022 €210 731 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2024

Distributed as dividends 360 014 € (85% of distributable profit).

History
2024360 014 €
2023480 000 €
Summary of financial statements2021–2024
2021202220232024
Sales revenue3 576 9937 045 63111 071 0415 959 080
Net profit233 762465 042356 121104 347
Retained earnings—83 84268 88464 991
Total assets359 8521 050 3111 330 088837 843
Total liabilities125 465498 927902 583666 005
Total equity234 387551 384427 505171 838
Employees4333
Average gross salary (monthly)363283929452607
Calculated dividend——480 000360 014

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 issue7 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
2/3 filed
Not filed: 2025
Filed late: 2023, 2024
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2023 annual report
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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8,33%8,33%8,33%25%25%25%Squarewave OÜDieHard OÜKrosen OÜ2PRAVES OÜ1Bruce Andrew Arnold2Karel Prave4Karl-Erik Rosenberg
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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