OÜ Serious Music

Active Registry code 11035773 OÜ Tallinn Registered 11 May 2004

OÜ Serious Music is a OÜ based in Tallinn, registry code 11035773, status: active. Main activity: Stage performance of musicians. According to EMTA, turnover for Q3 2026 was €10 290 with 2 employees.

Turnover

10 290 €

↑ 15.2% vs Q2 2026

State taxes

1 394 €

↓ 35.3% vs Q2 2026

Labour taxes

228 €

↑ 0.0% vs Q2 2026

Employees

±0 vs Q2 2026

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 10 290 €

above 48% of companies

industry median 11 164 € · companies in the industry: 1 365
Labour taxes per employee 114 €

above 2% of companies

industry median 1 096 € · companies in the industry: 1 077
Revenue · 2025 51 748 €

above 91% of companies

industry median 3 365 € · companies in the industry: 5 777
Net profit margin · 2025 6.3 %

above 50% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 10 290 € · +15.2% vs Q2 2026 · industry median 11 164 € · above 48% 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: 114 € · +0.0% vs Q2 2026 · industry median 1 096 € · 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.

Employees Q3 2026: 2 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 1 394 € · −35.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	10 290	1 394	228	2
Q2 2026	8 935	2 154	228	2
Q1 2026	7 100	961	228	2
Q4 2025	23 950	—	55	2
Q3 2025	16 205	3 397	55	1
Q2 2025	6 102	1 360	55	1
Q1 2025	3 700	192	54	1
Q4 2024	13 568	2 865	53	1
Q3 2024	33 347	3 368	53	1
Q2 2024	17 229	1 218	53	1
Q1 2024	11 995	1 057	53	1
Q4 2023	20 652	4 007	53	1
Q3 2023	—	50	53	1
Q2 2023	21 494	694	53	1
Q1 2023	6 542	386	53	1
Q4 2022	19 925	2 254	53	1
Q3 2022	1 111	3	53	1
Q2 2022	15 826	436	53	1
Q1 2022	17 307	973	53	1

Labour taxes per employee per month

38 €

Turnover per employee in the quarter

5 145 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € 2025: 51 748 € · −20.4% vs 2024 · industry median 3 365 € · above 91% 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: 3 283 € · −84.9% vs 2024 · industry median 139 € · above 77% 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: 6.3 % · −27.0 pp vs the year before · industry median 6.2 % · above 50% 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: 445 798 € · +470.8% vs 2024

Equity, € 2025: 81 021 € · +4.2% vs 2024

Employees 2025: 0 · −100.0% vs 2024 · 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	51 748	3 283	782	445 798	81 021	0
2024	65 043	21 718	513	78 098	77 738	1
2023	45 614	12 237	513	56 341	56 019	1
2022	58 126	2 732	513	46 103	43 783	1
2021	32 134	2 758	513	42 239	41 050	1
2020	56 712	17 402	513	38 630	38 292	1
2019	60 250	7 746	513	21 756	20 890	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	1
2013	—	—	—	—	—	1
2012	—	—	—	—	—	1
2011	—	—	—	—	—	1
2010	—	—	—	—	—	1
2009	—	—	—	—	—	0
2008	—	—	—	—	—	2
2004	—	—	—	—	—	0

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

6.3 %

Net profit / revenue

Return on equity (ROE)

4.1 %

Net profit / equity

Return on assets (ROA)

0.7 %

Net profit / assets

Equity ratio

18.2 %

Equity / assets

Debt ratio

81.8 %

Liabilities / assets

Current ratio

1.94

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	30 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	1 Jul 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	12 Jul 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	9 Feb 2023	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	3 Aug 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	22 Oct 2020	Company’s own	e-Äriregister

Board

Mihhail Gerts
Board member · since 9 Jun 2004

Right of representation

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

Owners

Mihhail Gerts
Natural person · 2 556 €

100%

Beneficial owners

Mihhail Gerts
Direct ownership · DEU · since 31 Oct 2018

Founders and other persons

PRO Firmade Osaühing
Founder · 40 000 € · 11 May 2004

shared board members, owners or beneficial owners

Activities (EMTAK)

90202Stage performance of musicians Main

Rulings 9

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 10079983 / 9 2 Dec 2025	Amendment under Code of Civil Procedure § 595¹ (1)	In force 2 Dec 2025	PDF
Ä 10079983 / 8 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 10079983 / 7 17 Jan 2018	Amendment entry	In force 17 Jan 2018	PDF
Ä 10079983 / 6 8 Nov 2017	Amendment entry	In force 8 Nov 2017	PDF
Ä 10079983 / 5 16 Sep 2016	Amendment entry	In force 16 Sep 2016	PDF
Ä 10079983 / 4 17 Jan 2012	Amendment entry	In force 17 Jan 2012	PDF
Ä 79983 / 3 5 Jan 2009	Deletion of activities from the registry card	In force 5 Jan 2009	PDF
Ä 79983 / 2 8 Jun 2004	Amendment entry	In force	PDF
Ä 79983 11 May 2004	First entry	In force	PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data

OÜ Serious Music

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 9