Handshake Media OÜ

Registered
16329682Private limited company (OÜ)Founded 2021

Key figures

684 522 €+16,7%
Revenue 2025
+34,2%
Average annual growth 2021/22–2025
0200 k400 k600 k800 k2021/22202320242025

Ratios

2025

Summary: Handshake Media OÜ

What kind of company is it?

Handshake Media OÜ (registry code 16329682) 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: Kesklinna 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 EE102512535).

How is the company doing financially?

Revenue in financial year 2025 was 684 522 €, up 16,7% on the previous year (586 447 €). From 2021/22 to 2025, revenue grew by an average of 34,2% per year. This is the company's highest revenue among the published years (2021/22–2025). Net profit for financial year 2025 was 407 722 € (59,6% of revenue). The company was profitable in all 4 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 228 174 €. At the end of financial year 2025, total assets were 282 176 € and equity 270 563 € (95,9% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 123 558 €, up 45,4% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 8365 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1800 € per month.

Who runs the company and who owns it?

The management board has 2 members. According to the register, the company has 3 owners. The largest stake (60%) is held by 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 29.06.2026. 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 2026123 558 €38365 €
Q2 2026108 259 €38365 €
Q1 2026127 542 €38365 €
Q4 2025250 691 €38365 €
Q3 202584 981 €38404 €
Q2 2025119 581 €38744 €
Q1 2025115 427 €38273 €

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

Dividends

calculated
2025

Distributed as dividends 427 599 €.

Low confidence: the amount exceeds retained earnings from previous years, from which dividends can be paid by law — probably a merger, an opening balance adjustment or a reporting error.

History
2025 ~427 599 €
2024702 415 €
20230 €
Summary of financial statements2022–2025
2021/22202320242025
Sales revenue282 927570 444586 447684 522
Net profit228 799473 617287 931407 722
Retained earnings—228 7991−139 667
Total assets242 466710 898296 556282 176
Total liabilities11 1595974611611 613
Total equity231 307704 924290 440270 563
Employees1333
Average gross salary (monthly)2286170116051629
Calculated dividend—0702 415427 599

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
10%60%30%Handshake Media OÜTapio Ilmari AaltonenTuomas Viljami Karnis…Kalle Juhani Kuhmonen
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.

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