Target Master OÜ

Active Registry code 12280921 OÜ Tallinn Registered 8 May 2012
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Target Master OÜ is a OÜ based in Tallinn, registry code 12280921, status: active. Main activity: Activities of advertising agencies. According to EMTA, turnover for Q3 2026 was €2 266 235 with 2 employees.

Turnover
2 266 235 €
↑ 2.0% vs Q2 2026
State taxes
16 337 €
↓ 32.6% vs Q2 2026
Labour taxes
8 533 €
↑ 5.8% vs Q2 2026
Employees
2
±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 2.3 mn €
    industry median 15 274 € · companies in the industry: 2 027
  • Labour taxes per employee 4 267 €
    industry median 1 523 € · companies in the industry: 1 026
  • Revenue · 2025 3.7 mn €
    industry median 14 652 € · companies in the industry: 3 983
  • Net profit margin · 2025 -4.8 %
    industry median 8.6 % · companies in the industry: 3 053

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 2 266 235 € · +2.0% vs Q2 2026 · industry median 15 274 € · above 98% of the industry
01 0002 0003 000Q4 2023 Company: 435 726 € Industry median: 18 052 €Q4·23Q1 2024 Company: 539 289 € Industry median: 16 996 €Q2 2024 Company: 905 194 € Industry median: 16 870 €Q2·24Q3 2024 Company: 999 005 € Industry median: 16 642 €Q4 2024 Company: 1 986 619 € Industry median: 16 532 €Q4·24Q1 2025 Company: 1 406 136 € Industry median: 16 461 €Q2 2025 Company: 1 724 057 € Industry median: 16 216 €Q2·25Q3 2025 Company: 1 525 299 € Industry median: 15 935 €Q4 2025 Company: 2 698 545 € Industry median: 17 406 €Q4·25Q1 2026 Company: 2 219 389 € Industry median: 15 816 €Q2 2026 Company: 2 222 689 € Industry median: 16 003 €Q2·26Q3 2026 Company: 2 266 235 € Industry median: 15 274 €Q3·2601 0002 0003 000Q4 2024 Company: 1 986 619 € Industry median: 16 532 €Q1 2025 Company: 1 406 136 € Industry median: 16 461 €Q1·25Q2 2025 Company: 1 724 057 € Industry median: 16 216 €Q3 2025 Company: 1 525 299 € Industry median: 15 935 €Q3·25Q4 2025 Company: 2 698 545 € Industry median: 17 406 €Q1 2026 Company: 2 219 389 € Industry median: 15 816 €Q1·26Q2 2026 Company: 2 222 689 € Industry median: 16 003 €Q3 2026 Company: 2 266 235 € Industry median: 15 274 €Q3·26
  • 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: 4 267 € · +5.8% vs Q2 2026 · industry median 1 523 € · above 86% of the industry
01 0002 0003 0004 0005 000Q4 2023 Company: 2 435 € Industry median: 1 428 €Q4·23Q1 2024 Company: 1 978 € Industry median: 1 441 €Q2 2024 Company: 2 354 € Industry median: 1 524 €Q2·24Q3 2024 Company: 2 907 € Industry median: 1 543 €Q4 2024 Company: 3 366 € Industry median: 1 524 €Q4·24Q1 2025 Company: 3 661 € Industry median: 1 538 €Q2 2025 Company: 3 755 € Industry median: 1 570 €Q2·25Q3 2025 Company: 3 358 € Industry median: 1 640 €Q4 2025 Company: 4 005 € Industry median: 1 566 €Q4·25Q1 2026 Company: 3 161 € Industry median: 1 541 €Q2 2026 Company: 4 034 € Industry median: 1 516 €Q2·26Q3 2026 Company: 4 267 € Industry median: 1 523 €Q3·2601 0002 0003 0004 0005 000Q4 2024 Company: 3 366 € Industry median: 1 524 €Q1 2025 Company: 3 661 € Industry median: 1 538 €Q1·25Q2 2025 Company: 3 755 € Industry median: 1 570 €Q3 2025 Company: 3 358 € Industry median: 1 640 €Q3·25Q4 2025 Company: 4 005 € Industry median: 1 566 €Q1 2026 Company: 3 161 € Industry median: 1 541 €Q1·26Q2 2026 Company: 4 034 € Industry median: 1 516 €Q3 2026 Company: 4 267 € Industry median: 1 523 €Q3·26
  • 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: 2 · +0.0% vs Q2 2026
0123Q4 2023 Company: 1Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 3Q4 2024 Company: 3Q4·24Q1 2025 Company: 3Q2 2025 Company: 3Q2·25Q3 2025 Company: 3Q4 2025 Company: 3Q4·25Q1 2026 Company: 3Q2 2026 Company: 2Q2·26Q3 2026 Company: 2Q3·260123Q4 2024 Company: 3Q1 2025 Company: 3Q1·25Q2 2025 Company: 3Q3 2025 Company: 3Q3·25Q4 2025 Company: 3Q1 2026 Company: 3Q1·26Q2 2026 Company: 2Q3 2026 Company: 2Q3·26
State taxes, € Q3 2026: 16 337 € · −32.6% vs Q2 2026
010 00020 00030 000Q4 2023 Company: 553 €Q4·23Q1 2024 Company: 0 €Q2 2024 Company: 0 €Q2·24Q3 2024 Company: 26 161 €Q4 2024 Company: 13 365 €Q4·24Q1 2025 Company: 19 497 €Q2 2025 Company: 18 279 €Q2·25Q3 2025 Company: 21 428 €Q4 2025 Company: 24 420 €Q4·25Q1 2026 Company: 16 992 €Q2 2026 Company: 24 229 €Q2·26Q3 2026 Company: 16 337 €Q3·2605 00010 00015 00020 00025 000Q4 2024 Company: 13 365 €Q1 2025 Company: 19 497 €Q1·25Q2 2025 Company: 18 279 €Q3 2025 Company: 21 428 €Q3·25Q4 2025 Company: 24 420 €Q1 2026 Company: 16 992 €Q1·26Q2 2026 Company: 24 229 €Q3 2026 Company: 16 337 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 2 266 235 16 337 8 533 2
Q2 2026 2 222 689 24 229 8 068 2
Q1 2026 2 219 389 16 992 9 484 3
Q4 2025 2 698 545 24 420 12 014 3
Q3 2025 1 525 299 21 428 10 075 3
Q2 2025 1 724 057 18 279 11 264 3
Q1 2025 1 406 136 19 497 10 983 3
Q4 2024 1 986 619 13 365 10 097 3
Q3 2024 999 005 26 161 8 721 3
Q2 2024 905 194 — 4 707 2
Q1 2024 539 289 — 3 955 2
Q4 2023 435 726 553 2 435 1
Q3 2023 201 197 2 603 2 385 1
Q2 2023 364 589 3 220 2 891 2
Q1 2023 767 429 12 554 2 142 1
Q4 2022 567 171 — 1 047 1
Q3 2022 333 638 2 224 1 093 1
Q2 2022 401 373 1 980 890 1
Q1 2022 286 385 4 369 1 044 1
Labour taxes per employee per month
1 422 €
Turnover per employee in the quarter
1 133 118 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2026
Revenue, € thousand 2025: 3 699 310 € · +100.2% vs 2024 · industry median 14 652 € · above 98% of the industry
01 0002 0003 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172019 Company: — Industry median: 13 798 €20192020 Company: 1 977 632 € Industry median: 12 176 €20202021 Company: 1 512 616 € Industry median: 13 429 €20212022 Company: 1 548 181 € Industry median: 13 712 €20222023 Company: 1 954 774 € Industry median: 14 413 €20232024 Company: 1 847 560 € Industry median: 14 799 €20242025 Company: 3 699 310 € Industry median: 14 652 €20252026 Company: — Industry median: 11 377 €202601 0002 0003 0004 0002019 Company: — Industry median: 13 798 €2020 Company: 1 977 632 € Industry median: 12 176 €20202021 Company: 1 512 616 € Industry median: 13 429 €2022 Company: 1 548 181 € Industry median: 13 712 €20222023 Company: 1 954 774 € Industry median: 14 413 €2024 Company: 1 847 560 € Industry median: 14 799 €20242025 Company: 3 699 310 € Industry median: 14 652 €2026 Company: — Industry median: 11 377 €2026
  • 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, € thousand 2025: -179 146 € · −419.6% vs 2024 · industry median 382 € · above 2% of the industry
-200-10001002016 Company: — Industry median: —20162017 Company: — Industry median: —20172019 Company: — Industry median: 731 €20192020 Company: 94 870 € Industry median: 591 €20202021 Company: 97 306 € Industry median: 871 €20212022 Company: 51 352 € Industry median: 543 €20222023 Company: 61 490 € Industry median: 751 €20232024 Company: 56 058 € Industry median: 585 €20242025 Company: -179 146 € Industry median: 382 €20252026 Company: — Industry median: 0 €2026-200-10001002019 Company: — Industry median: 731 €2020 Company: 94 870 € Industry median: 591 €20202021 Company: 97 306 € Industry median: 871 €2022 Company: 51 352 € Industry median: 543 €20222023 Company: 61 490 € Industry median: 751 €2024 Company: 56 058 € Industry median: 585 €20242025 Company: -179 146 € Industry median: 382 €2026 Company: — Industry median: 0 €2026
  • 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: -4.8 % · −7.9 pp vs the year before · industry median 8.6 % · above 23% of the industry
-1001020302016 Company: — Industry median: —20162017 Company: — Industry median: —20172019 Company: — Industry median: 10.2 %20192020 Company: 4.8 % Industry median: 12.5 %20202021 Company: 6.4 % Industry median: 14.5 %20212022 Company: 3.3 % Industry median: 11.4 %20222023 Company: 3.1 % Industry median: 11.7 %20232024 Company: 3.0 % Industry median: 10.8 %20242025 Company: -4.8 % Industry median: 8.6 %20252026 Company: — Industry median: 23.8 %2026-1001020302019 Company: — Industry median: 10.2 %2020 Company: 4.8 % Industry median: 12.5 %20202021 Company: 6.4 % Industry median: 14.5 %2022 Company: 3.3 % Industry median: 11.4 %20222023 Company: 3.1 % Industry median: 11.7 %2024 Company: 3.0 % Industry median: 10.8 %20242025 Company: -4.8 % Industry median: 8.6 %2026 Company: — Industry median: 23.8 %2026
  • 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: 780 221 € · +16.6% vs 2024
02004006008002016 Company: —20162017 Company: —20172019 Company: —20192020 Company: 271 119 €20202021 Company: 329 631 €20212022 Company: 454 761 €20222023 Company: 516 497 €20232024 Company: 669 083 €20242025 Company: 780 221 €20252026 Company: —202602004006008002019 Company: —2020 Company: 271 119 €20202021 Company: 329 631 €2022 Company: 454 761 €20222023 Company: 516 497 €2024 Company: 669 083 €20242025 Company: 780 221 €2026 Company: —2026
Equity, € thousand 2025: 335 694 € · −21.2% vs 2024
01002003004005002016 Company: —20162017 Company: —20172019 Company: —20192020 Company: 159 586 €20202021 Company: 256 892 €20212022 Company: 308 244 €20222023 Company: 369 734 €20232024 Company: 425 792 €20242025 Company: 335 694 €20252026 Company: —202601002003004005002019 Company: —2020 Company: 159 586 €20202021 Company: 256 892 €2022 Company: 308 244 €20222023 Company: 369 734 €2024 Company: 425 792 €20242025 Company: 335 694 €2026 Company: —2026
Employees 2026: 2 · +0.0% vs 2025 · industry median 1 · above 65% of the industry
0.00.51.01.52.02016 Company: 1 Industry median: —20162017 Company: 0 Industry median: —20172019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 2 Industry median: 120252026 Company: 2 Industry median: 120260.00.51.01.52.02019 Company: 0 Industry median: 12020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 12022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 12024 Company: 1 Industry median: 120242025 Company: 2 Industry median: 12026 Company: 2 Industry median: 12026
  • 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
2026 — — — — — 2
2025 3 699 310 -179 146 84 402 780 221 335 694 2
2024 1 847 560 56 058 32 960 669 083 425 792 1
2023 1 954 774 61 490 18 427 516 497 369 734 1
2022 1 548 181 51 352 11 318 454 761 308 244 1
2021 1 512 616 97 306 0 329 631 256 892 0
2020 1 977 632 94 870 0 271 119 159 586 0
2019 — — — — — 0
2017 — — — — — 0
2016 — — — — — 1
2015 — — — — — 1
2014 — — — — — 1
2013 — — — — — 1
2012 — — — — — 2

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
-4.8 %
Net profit / revenue
Return on equity (ROE)
-53.4 %
Net profit / equity
Return on assets (ROA)
-23.0 %
Net profit / assets
Equity ratio
43.0 %
Equity / assets
Debt ratio
57.0 %
Liabilities / assets
Current ratio
1.14
Current assets / current liabilities
Revenue per employee
1 849 655 €
Revenue / average full-time employees
Labour cost per employee per month
3 517 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2024 1 May 2024 – 30 Apr 2025 30 Oct 2025 Company’s own e-Äriregister
2023 1 May 2023 – 30 Apr 2024 30 Oct 2024 Company’s own e-Äriregister
2022 1 May 2022 – 30 Apr 2023 30 Oct 2023 Company’s own e-Äriregister
2021 1 May 2021 – 30 Apr 2022 30 Oct 2022 Company’s own e-Äriregister
2020 1 May 2020 – 30 Apr 2021 30 Oct 2021 Company’s own e-Äriregister
2019 1 May 2019 – 30 Apr 2020 30 Oct 2020 Company’s own e-Äriregister

Board

  • Raido Soom
    Board member · since 12 Dec 2023
  • Nasdaq CSD SE
    Keeper of the share register · since 28 Sep 2017

Right of representation

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

Owners

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 73111Activities of advertising agencies Main
Rulings
Number, date Title Deadline State Document
Ä 10168905 / 17
12 Dec 2023
Amendment entry In force
12 Dec 2023
PDF
Ä 10168905 / 16
17 Sep 2021
Amendment entry In force
17 Sep 2021
PDF
Ä 10168905 / 15
30 Oct 2020
Amendment entry In force
30 Oct 2020
PDF
Ä 10168905 / 14
25 Feb 2020
Amendment under Commercial Code § 525 (2) In force
25 Feb 2020
PDF
Ä 10168905 / 13
10 Dec 2019
Amendment entry In force
10 Dec 2019
PDF
Ä 10168905 / 12
19 Feb 2019
Amendment entry In force
19 Feb 2019
PDF
Ä 10168905 / 11
10 Jan 2019
Amendment entry In force
10 Jan 2019
PDF
Ä 10168905 / 10
5 Jun 2018
Second (constitutive) merger entry In force
5 Jun 2018
PDF
Ä 10168905 / 9
23 Feb 2018
Amendment entry In force
23 Feb 2018
PDF
Ä 10168905 / 8
14 Feb 2018
Amendment entry In force
14 Feb 2018
PDF
Ä 10168905 / 7
18 Jan 2018
Amendment entry In force
18 Jan 2018
PDF
Ä 10168905 / 6
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10168905 / 5
28 Sep 2017
Amendment entry In force
28 Sep 2017
PDF
Ä 10168905 / 4
5 Aug 2017
Amendment entry In force
5 Aug 2017
PDF
Ä 10168905 / 3
15 Jun 2015
Amendment under Commercial Code § 525 (2) In force
15 Jun 2015
PDF
Ä 10168905 / 2
7 May 2015
Amendment entry In force
7 May 2015
PDF
Ä 10168905
8 May 2012
First entry In force
8 May 2012
PDF

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