Blackworks OÜ

Active Registry code 12222527 OÜ Vaida alevik Registered 19 Jan 2012

Blackworks OÜ is a OÜ based in Vaida alevik, registry code 12222527, status: active. Main activity: Activities of advertising agencies. According to EMTA, turnover for Q3 2026 was €45 523 with 3 employees.

Turnover

45 523 €

↓ 21.5% vs Q2 2026

State taxes

10 081 €

↑ 13.3% vs Q2 2026

Labour taxes

4 256 €

↓ 5.3% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Activities of advertising, market research and public relations · EMTAK 73

Turnover · Q3 2026 45 523 €

above 72% of companies

industry median 15 274 € · companies in the industry: 2 027
Labour taxes per employee 1 419 €

above 45% of companies

industry median 1 523 € · companies in the industry: 1 026
Revenue · 2025 184 223 €

above 87% of companies

industry median 14 652 € · companies in the industry: 3 983
Net profit margin · 2025 34.3 %

above 71% of companies

industry median 8.6 % · companies in the industry: 3 053

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 45 523 € · −21.5% vs Q2 2026 · industry median 15 274 € · above 72% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 419 € · −5.3% vs Q2 2026 · industry median 1 523 € · above 45% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 10 081 € · +13.3% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	45 523	10 081	4 256	3
Q2 2026	57 976	8 901	4 496	3
Q1 2026	49 529	5 320	4 546	3
Q4 2025	38 452	6 282	4 422	3
Q3 2025	46 494	7 704	4 640	3
Q2 2025	61 383	13 868	4 512	3
Q1 2025	42 440	9 637	4 474	3
Q4 2024	38 410	8 292	4 392	3
Q3 2024	46 794	9 097	4 411	3
Q2 2024	60 813	9 206	4 063	3
Q1 2024	40 209	7 846	4 041	3
Q4 2023	53 885	9 952	4 068	3
Q3 2023	43 422	9 092	4 133	3
Q2 2023	48 029	9 138	3 910	3
Q1 2023	38 860	8 790	5 117	3
Q4 2022	49 350	9 082	4 971	4
Q3 2022	41 844	9 599	5 082	4
Q2 2022	51 413	9 229	4 620	4
Q1 2022	41 752	7 840	4 090	4

Labour taxes per employee per month

473 €

Turnover per employee in the quarter

15 174 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 184 223 € · +10.5% vs 2024 · industry median 14 652 € · above 87% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 63 164 € · +155.6% vs 2024 · industry median 382 € · above 93% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 34.3 % · +19.5 pp vs the year before · industry median 8.6 % · above 71% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 232 695 € · +37.6% vs 2024

Equity, € thousand 2025: 208 947 € · +36.8% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 85% of the industry

Company
Industry median

Industry: Activities of advertising, market research and public relations (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	184 223	63 164	46 096	232 695	208 947	3
2024	166 710	24 715	45 510	169 095	152 783	3
2023	169 635	23 450	46 108	150 155	135 503	3
2022	177 924	13 577	55 102	142 100	119 053	4
2021	163 562	24 492	48 379	132 598	115 728	4
2020	136 301	5 616	41 682	114 084	91 236	4
2019	157 939	35 120	33 247	115 203	100 705	3
2018	—	—	—	—	—	3
2017	—	—	—	—	—	1
2016	—	—	—	—	—	1
2015	—	—	—	—	—	1
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	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

34.3 %

Net profit / revenue

Return on equity (ROE)

30.2 %

Net profit / equity

Return on assets (ROA)

27.1 %

Net profit / assets

Equity ratio

89.8 %

Equity / assets

Debt ratio

10.2 %

Liabilities / assets

Current ratio

7.65

Current assets / current liabilities

Revenue per employee

61 408 €

Revenue / average full-time employees

Labour cost per employee per month

1 280 €

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	9 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	28 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	29 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	1 Jul 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	2 Nov 2020	Company’s own	e-Äriregister

Board

Urmo Rägastik
Board member · since 19 Jan 2012

Right of representation

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

Owners

Urmo Rägastik
Natural person · 2 500 €

100%

Beneficial owners

Urmo Rägastik
Member of a senior management body (management or supervisory board) · since 23 Oct 2018

Founders and other persons

Urmo Rägastik
Founder · 2 500 € · 18 Jan 2012

Activities (EMTAK)

73111Activities of advertising agencies Main

Rulings 7

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10164664 / 6 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10164664 / 5 21 Mar 2018	Amendment entry		In force 21 Mar 2018	PDF
Ä 10164664 / 4 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10164664 / 3 30 Nov 2017	Amendment entry		In force 30 Nov 2017	PDF
Ä 10164664 / M1 22 Nov 2017	Ruling to eliminate deficiencies	22 Dec 2017	Deficiencies eliminated 12 Dec 2017	PDF
Ä 10164664 / 2 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
Ä 10164664 19 Jan 2012	First entry		In force 19 Jan 2012	PDF

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