Frozen Lake Studios OÜ
RegisteredKey figures
Ratios
2025Summary: Frozen Lake Studios OÜ
What kind of company is it?
Frozen Lake Studios OÜ (registry code 16965142) is a private limited company (OÜ). The company was entered in the Commercial Register in 2024 and has been registered for 2 years. Registered location: Mustamäe linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is publishing of video games (EMTAK 58211). The company is registered for VAT (VAT number EE102727935).
How is the company doing financially?
Revenue in financial year 2025 was 604 901 €, up 97,3% on the previous year (306 598 €). Financial year 2025 ended with a loss of 11 225 €. In financial year 2025 the company had 4 employees (5 a year earlier). Revenue per employee was 151 225 €. At the end of financial year 2025, total assets were 118 860 € and equity 4853 € (4,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 96 774 €, down 34,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 962 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 480 € per month.
Who runs the company and who owns it?
The company has one management board member. The sole owner of the company is XDEV Central OÜ.
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 30.06.2026. 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
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 96 774 € | 2 | 962 € |
| Q2 2026 | 35 706 € | 2 | 3832 € |
| Q1 2026 | 111 667 € | 2 | 10 590 € |
| Q4 2025 | 136 116 € | 4 | 15 490 € |
| Q3 2025 | 147 193 € | 7 | 9582 € |
| Q2 2025 | 308 414 € | 6 | 10 060 € |
| Q1 2025 | 242 806 € | 5 | 6187 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2024–2025
| 2024 | 2025 | |
|---|---|---|
| Sales revenue | 306 598 | 604 901 |
| Net profit | 9978 | −11 225 |
| Retained earnings | — | 13 578 |
| Total assets | 49 171 | 118 860 |
| Total liabilities | 36 693 | 114 007 |
| Total equity | 12 478 | 4853 |
| Employees | 5 | 4 |
| Average gross salary (monthly) | 593 | 2090 |
| Calculated dividend | — | 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 obligations1 issue1 note5 clear
- Order to pay tax arrears · 24.08.2026 · 669 €
- Order to pay tax arrears · 06.08.2026 · 861 €
Data from public registers, not a credit rating.
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State aid and grants
3 recordsState aid and de minimis aid in total 13 457 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (13 457 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 1274 € | 26.10.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 12 000 € | 31.03.2025 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 183 € | 26.01.2025 |
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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