Squarewave OÜ
RegisteredKey figures
Ratios
2024Profit 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 0 € | 3 | 10 893 € |
| Q2 2026 | 0 € | 2 | 10 893 € |
| Q1 2026 | 0 € | 2 | 11 047 € |
| Q4 2025 | 122 € | 2 | 7392 € |
| Q3 2025 | 795 € | 1 | 8632 € |
| Q2 2025 | −58 678 € | 1 | 17 001 € |
| Q1 2025 | 2 151 022 € | 2 | 10 731 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 360 014 € (85% of distributable profit).
Summary of financial statements2021–2024
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Sales revenue | 3 576 993 | 7 045 631 | 11 071 041 | 5 959 080 |
| Net profit | 233 762 | 465 042 | 356 121 | 104 347 |
| Retained earnings | — | 83 842 | 68 884 | 64 991 |
| Total assets | 359 852 | 1 050 311 | 1 330 088 | 837 843 |
| Total liabilities | 125 465 | 498 927 | 902 583 | 666 005 |
| Total equity | 234 387 | 551 384 | 427 505 | 171 838 |
| Employees | 4 | 3 | 3 | 3 |
| Average gross salary (monthly) | 363 | 2839 | 2945 | 2607 |
| Calculated dividend | — | — | 480 000 | 360 014 |
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
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
Annual reportsPDF, XBRL
Loading list of reports…
Source: e-Business Register (RIK). Files open/download directly from the official register.