Osaühing Spinellos

Active Registry code 10278958 OÜ Tallinn Registered 29 Sep 1997

Osaühing Spinellos is a OÜ based in Tallinn, registry code 10278958, status: active. Main activity: Technical support activities for art and performing arts. According to EMTA, turnover for Q3 2026 was €27 006 with 1 employees.

Turnover

27 006 €

↑ 46.5% vs Q2 2026

State taxes

5 204 €

↑ 62.4% vs Q2 2026

Labour taxes

1 222 €

↑ 4.9% vs Q2 2026

Employees

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Arts creation and performing arts activities · EMTAK 90

Turnover · Q3 2026 27 006 €

above 75% of companies

industry median 11 164 € · companies in the industry: 1 365
Labour taxes per employee 1 222 €

above 61% of companies

industry median 1 096 € · companies in the industry: 1 077
Revenue · 2025 218 902 €

above 98% of companies

industry median 3 365 € · companies in the industry: 5 777
Net profit margin · 2025 9.7 %

above 55% of companies

industry median 6.2 % · companies in the industry: 4 416

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 27 006 € · +46.5% vs Q2 2026 · industry median 11 164 € · above 75% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 222 € · industry median 1 096 € · above 61% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1

State taxes, € Q3 2026: 5 204 € · +62.4% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	27 006	5 204	1 222	1
Q2 2026	18 428	3 204	1 165	—
Q1 2026	6 722	2 366	1 132	—
Q4 2025	6 266	1 172	1 132	—
Q3 2025	211 538	33 683	1 132	—
Q2 2025	2 687	1 310	1 132	—
Q1 2025	7 014	1 556	1 089	—
Q4 2024	13 157	3 322	1 004	—
Q3 2024	14 533	3 024	1 004	—
Q2 2024	10 333	1 557	1 004	—
Q1 2024	6 945	1 110	903	—
Q4 2023	14 604	4 244	853	—
Q3 2023	183 281	21 977	853	—
Q2 2023	19 606	1 225	853	—
Q1 2023	23 335	1 089	740	—
Q4 2022	4 501	883	629	—
Q3 2022	128 248	14 716	629	—
Q2 2022	5 728	629	629	—
Q1 2022	30 384	805	419	—

Labour taxes per employee per month

407 €

Turnover per employee in the quarter

27 006 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 218 902 € · +785.0% vs 2024 · industry median 3 365 € · above 98% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 21 321 € · +161.6% vs 2024 · industry median 139 € · above 98% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 9.7 % · +149.6 pp vs the year before · industry median 6.2 % · above 55% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 82 642 € · +19.1% vs 2024

Equity, € thousand 2025: 71 240 € · +37.2% vs 2024

Employees 2025: 0 · industry median 1 · above 2% of the industry

Company
Industry median

Industry: Arts creation and performing arts activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	218 902	21 321	14 141	82 642	71 240	0
2024	24 734	-34 584	12 961	69 392	51 918	0
2023	168 122	-43 686	11 477	102 021	86 502	0
2022	111 602	4 621	9 321	157 503	130 575	0
2021	19 214	-11 816	8 618	141 678	125 955	0
2020	25 288	-9 506	8 618	151 616	138 158	0
2019	171 787	41 901	8 618	161 851	147 664	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	0
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	0
2008	—	—	—	—	—	1
2007	—	—	—	—	—	1
2006	—	—	—	—	—	1
2005	—	—	—	—	—	1
2004	—	—	—	—	—	1
2003	—	—	—	—	—	1
2002	—	—	—	—	—	2
2001	—	—	—	—	—	1
2000	—	—	—	—	—	2
1999	—	—	—	—	—	3
1998	—	—	—	—	—	3

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

9.7 %

Net profit / revenue

Return on equity (ROE)

29.9 %

Net profit / equity

Return on assets (ROA)

25.8 %

Net profit / assets

Equity ratio

86.2 %

Equity / assets

Debt ratio

13.8 %

Liabilities / assets

Current ratio

4.74

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	1 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	1 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	3 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	31 Aug 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	13 Dec 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	31 Dec 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Martti Kitsing
Board member · since 28 Sep 1998

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Martti Kitsing
Natural person · 40 000 €

100%

Beneficial owners

Martti Kitsing
Direct ownership · since 30 Oct 2018

Founders and other persons

Andres Talvik
Founder · 10 000 € · 29 Sep 1997

shared board members, owners or beneficial owners

Activities (EMTAK)

90391Technical support activities for art and performing arts Main

Rulings 8

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10017645 / 11 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10017645 / M2 24 Aug 2023	Warning of deletion from the register: annual report not filed	27 Nov 2023	Deficiencies eliminated 1 Sep 2023	PDF
Ä 10017645 / 10 13 Nov 2022	Amendment entry		In force 13 Nov 2022	PDF
Ä 10017645 / 9 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10017645 / 8 7 Nov 2017	Amendment entry		In force 7 Nov 2017	PDF
Ä 10017645 / 7 15 Sep 2016	Amendment entry		In force 15 Sep 2016	PDF
Ä 10017645 / 6 2 Jul 2010	Deletion of activities from the registry card		In force 2 Jul 2010	PDF
Ä 17645 / 5 4 May 2004	Amendment entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

Osaühing Spinellos

Position in the industry Arts creation and performing arts activities · EMTAK 90

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 8