OÜ Biitel

Active Registry code 11409956 OÜ Tartu linn Registered 26 Sep 2007

OÜ Biitel is a OÜ based in Tartu linn, registry code 11409956, status: active. Main activity: Musical composition activities. According to EMTA, turnover for Q3 2026 was €40 576 with 1 employees.

Turnover

40 576 €

↑ 105.6% vs Q2 2026

State taxes

6 531 €

↑ 139.1% vs Q2 2026

Labour taxes

1 252 €

↑ 27.2% 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 40 576 €

above 83% of companies

industry median 11 164 € · companies in the industry: 1 365
Labour taxes per employee 1 252 €

above 63% of companies

industry median 1 096 € · companies in the industry: 1 077
Revenue · 2025 118 814 €

above 98% of companies

industry median 3 365 € · companies in the industry: 5 777
Net profit margin · 2025 1.4 %

above 40% of companies

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

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 40 576 € · +105.6% vs Q2 2026 · industry median 11 164 € · above 83% 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: 1 252 € · +27.2% vs Q2 2026 · industry median 1 096 € · above 63% 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 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 6 531 € · +139.1% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	40 576	6 531	1 252	1
Q2 2026	19 739	2 731	984	1
Q1 2026	26 450	2 137	1 420	1
Q4 2025	8 100	6 164	1 063	1
Q3 2025	61 918	7 332	1 894	1
Q2 2025	13 250	4 060	1 359	1
Q1 2025	24 882	4 182	1 247	1
Q4 2024	22 515	4 672	770	1
Q3 2024	52 475	4 572	802	1
Q2 2024	19 050	6 321	1 493	1
Q1 2024	34 335	2 192	816	1
Q4 2023	33 630	4 150	993	1
Q3 2023	49 263	6 321	993	1
Q2 2023	11 250	3 128	1 324	1
Q1 2023	29 000	2 485	622	1
Q4 2022	21 671	4 048	1 163	1
Q3 2022	48 313	5 185	581	1
Q2 2022	17 465	2 041	872	1
Q1 2022	12 018	5 616	1 083	1

Labour taxes per employee per month

417 €

Turnover per employee in the quarter

40 576 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 118 814 € · +5.1% 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: 1 718 € · +331.8% vs 2024 · industry median 139 € · above 70% 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: 1.4 % · +2.1 pp vs the year before · industry median 6.2 % · above 40% 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, € 2025: 33 949 € · +1.4% vs 2024

Equity, € 2025: 6 570 € · +35.4% vs 2024

Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% 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	118 814	1 718	14 226	33 949	6 570	1
2024	113 075	-741	13 166	33 495	4 852	1
2023	134 428	-85	11 768	18 806	5 593	1
2022	102 079	101	10 501	24 418	5 678	1
2021	86 278	1 656	9 377	20 488	5 577	1
2020	77 670	51	9 377	19 950	3 921	1
2019	131 638	494	8 667	13 197	3 870	1
2018	—	—	—	—	—	1
2017	—	—	—	—	—	1
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0
2010	—	—	—	—	—	0
2009	—	—	—	—	—	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

1.4 %

Net profit / revenue

Return on equity (ROE)

26.1 %

Net profit / equity

Return on assets (ROA)

5.1 %

Net profit / assets

Equity ratio

19.4 %

Equity / assets

Debt ratio

80.6 %

Liabilities / assets

Current ratio

1.24

Current assets / current liabilities

Revenue per employee

118 814 €

Revenue / average full-time employees

Labour cost per employee per month

1 186 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	2 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	29 Jun 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	27 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	30 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	16 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	14 Mar 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	31 Oct 2020	Company’s own	e-Äriregister

Board

Rainer Michelson
Board member · since 26 Sep 2007

Right of representation

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

Owners

Rainer Michelson
Natural person · 2 556 €

100%

Beneficial owners

Rainer Michelson
Direct ownership · since 29 Oct 2018

Founders and other persons

Rainer Michelson
Founder · 40 000 € · 25 Sep 2007

Activities (EMTAK)

90112Musical composition activities Main

Rulings 11

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 20039587 / 7 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 20039587 / 6 24 Aug 2020	Amendment under Commercial Code § 525 (2)		In force 24 Aug 2020	PDF
Ä 20039587 / 5 18 Jan 2018	Amendment entry		In force 18 Jan 2018	PDF
Ä 20039587 / 4 19 Dec 2017	Amendment entry		In force 19 Dec 2017	PDF
Ä 20039587 / 3 4 Dec 2017	Amendment entry		In force 4 Dec 2017	PDF
Ä 20039587 / 2 24 Nov 2014	Amendment entry		In force 24 Nov 2014	PDF
Ä 20039587 / M4 21 Nov 2014	Ruling to eliminate deficiencies	6 Dec 2014	Deficiencies eliminated 24 Nov 2014	PDF
Ä 20039587 / M3 7 Aug 2014	Warning of deletion from the register: annual report not filed	3 Feb 2015	Deficiencies eliminated 21 Nov 2014	PDF
Ä 39587 / M2 13 Oct 2009	Warning of a fine: annual report not filed	15 Nov 2009	Deficiencies eliminated 16 Oct 2009	PDF
Ä 39587 26 Sep 2007	First entry		In force 26 Sep 2007	PDF
Ä 39587 / M1 25 Sep 2007	Ruling to eliminate deficiencies (to be served)		Deficiencies eliminated 25 Sep 2007	PDF

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