Improvisation & Creativity Academy OÜ

Active Registry code 12343372 OÜ Tallinn Registered 10 Sep 2012
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Improvisation & Creativity Academy OÜ is a OÜ based in Tallinn, registry code 12343372, status: active. Main activity: Music and art education. According to EMTA, turnover for Q4 2023 was €0 with employees.

Turnover
0 €
↓ 100.0% vs Q3 2023
State taxes
0 €
Labour taxes
0 €
Employees
—

Q4 2023 · data from the Tax and Customs Board (EMTA)

Position in the industry Education · EMTAK 85

  • Revenue · 2025 1 485 €
    industry median 2 265 € · companies in the industry: 7 180
  • Net profit margin · 2025 -27.6 %
    industry median 6.7 % · companies in the industry: 5 232

Taxes and turnover

Q1 2022 – Q4 2023
Turnover, € Q4 2023: 0 € · −100.0% vs Q3 2023 · industry median 12 167 € · above 2% of the industry
02 5005 0007 50010 00012 500Q1 2022 Company: 1 540 € Industry median: 10 621 €Q1·22Q2 2022 Company: 1 193 € Industry median: 11 207 €Q2·22Q3 2022 Company: 1 366 € Industry median: 9 295 €Q3·22Q4 2022 Company: 400 € Industry median: 11 651 €Q4·22Q1 2023 Company: 4 678 € Industry median: 11 313 €Q1·23Q2 2023 Company: 1 590 € Industry median: 11 907 €Q2·23Q3 2023 Company: 260 € Industry median: 10 163 €Q3·23Q4 2023 Company: 0 € Industry median: 12 167 €Q4·2302 5005 0007 50010 00012 500Q1 2022 Company: 1 540 € Industry median: 10 621 €Q2 2022 Company: 1 193 € Industry median: 11 207 €Q2·22Q3 2022 Company: 1 366 € Industry median: 9 295 €Q4 2022 Company: 400 € Industry median: 11 651 €Q4·22Q1 2023 Company: 4 678 € Industry median: 11 313 €Q2 2023 Company: 1 590 € Industry median: 11 907 €Q2·23Q3 2023 Company: 260 € Industry median: 10 163 €Q4 2023 Company: 0 € Industry median: 12 167 €Q4·23
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q4 2023: 0 €
0200400600800Q1 2022 Company: 235 €Q1·22Q2 2022 Company: 16 €Q2·22Q3 2022 Company: 424 €Q3·22Q4 2022 Company: 48 €Q4·22Q1 2023 Company: 775 €Q1·23Q2 2023 Company: 134 €Q2·23Q3 2023 Company: 0 €Q3·23Q4 2023 Company: 0 €Q4·230200400600800Q1 2022 Company: 235 €Q2 2022 Company: 16 €Q2·22Q3 2022 Company: 424 €Q4 2022 Company: 48 €Q4·22Q1 2023 Company: 775 €Q2 2023 Company: 134 €Q2·23Q3 2023 Company: 0 €Q4 2023 Company: 0 €Q4·23
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q4 2023 — — — —
Q3 2023 260 — — —
Q2 2023 1 590 134 — —
Q1 2023 4 678 775 — —
Q4 2022 400 48 — —
Q3 2022 1 366 424 — —
Q2 2022 1 193 16 — —
Q1 2022 1 540 235 — —

Financials by year

2016 – 2025
Revenue, € 2025: 1 485 € · −46.9% vs 2024 · industry median 2 265 € · above 47% of the industry
02 0004 0006 0008 00010 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 4 629 € Industry median: 1 150 €20192020 Company: 2 663 € Industry median: 1 020 €20202021 Company: 9 400 € Industry median: 1 251 €20212022 Company: 4 799 € Industry median: 1 727 €20222023 Company: 7 898 € Industry median: 1 800 €20232024 Company: 2 796 € Industry median: 2 003 €20242025 Company: 1 485 € Industry median: 2 265 €202502 0004 0006 0008 00010 0002018 Company: — Industry median: —2019 Company: 4 629 € Industry median: 1 150 €20192020 Company: 2 663 € Industry median: 1 020 €2021 Company: 9 400 € Industry median: 1 251 €20212022 Company: 4 799 € Industry median: 1 727 €2023 Company: 7 898 € Industry median: 1 800 €20232024 Company: 2 796 € Industry median: 2 003 €2025 Company: 1 485 € Industry median: 2 265 €2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -410 € · −315.8% vs 2024 · industry median 136 € · above 25% of the industry
-2 00002 0004 0006 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1 736 € Industry median: 259 €20192020 Company: 83 € Industry median: 228 €20202021 Company: 5 000 € Industry median: 207 €20212022 Company: 1 057 € Industry median: 93 €20222023 Company: 4 774 € Industry median: 179 €20232024 Company: 190 € Industry median: 102 €20242025 Company: -410 € Industry median: 136 €2025-2 00002 0004 0006 0002018 Company: — Industry median: —2019 Company: 1 736 € Industry median: 259 €20192020 Company: 83 € Industry median: 228 €2021 Company: 5 000 € Industry median: 207 €20212022 Company: 1 057 € Industry median: 93 €2023 Company: 4 774 € Industry median: 179 €20232024 Company: 190 € Industry median: 102 €2025 Company: -410 € Industry median: 136 €2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -27.6 % · −34.4 pp vs the year before · industry median 6.7 % · above 11% of the industry
-40-200204060802016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 37.5 % Industry median: 8.1 %20192020 Company: 3.1 % Industry median: 9.7 %20202021 Company: 53.2 % Industry median: 9.8 %20212022 Company: 22.0 % Industry median: 6.8 %20222023 Company: 60.4 % Industry median: 7.5 %20232024 Company: 6.8 % Industry median: 7.1 %20242025 Company: -27.6 % Industry median: 6.7 %2025-40-200204060802018 Company: — Industry median: —2019 Company: 37.5 % Industry median: 8.1 %20192020 Company: 3.1 % Industry median: 9.7 %2021 Company: 53.2 % Industry median: 9.8 %20212022 Company: 22.0 % Industry median: 6.8 %2023 Company: 60.4 % Industry median: 7.5 %20232024 Company: 6.8 % Industry median: 7.1 %2025 Company: -27.6 % Industry median: 6.7 %2025
  • Company
  • Industry median

Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 6 024 € · −4.5% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 4 841 €20192020 Company: 6 078 €20202021 Company: 8 359 €20212022 Company: 9 313 €20222023 Company: 13 993 €20232024 Company: 6 309 €20242025 Company: 6 024 €202505 00010 00015 0002018 Company: —2019 Company: 4 841 €20192020 Company: 6 078 €2021 Company: 8 359 €20212022 Company: 9 313 €2023 Company: 13 993 €20232024 Company: 6 309 €2025 Company: 6 024 €2025
Equity, € 2025: 5 792 € · −6.6% vs 2024
-5 00005 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: -3 160 €20192020 Company: -2 319 €20202021 Company: 7 681 €20212022 Company: 8 738 €20222023 Company: 13 512 €20232024 Company: 6 202 €20242025 Company: 5 792 €2025-5 00005 00010 00015 0002018 Company: —2019 Company: -3 160 €20192020 Company: -2 319 €2021 Company: 7 681 €20212022 Company: 8 738 €2023 Company: 13 512 €20232024 Company: 6 202 €2025 Company: 5 792 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02016 Company: 0 Industry median: —20162017 Company: 0 Industry median: —20172018 Company: 0 Industry median: 120182019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 120202021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02018 Company: 0 Industry median: 12019 Company: 0 Industry median: 120192020 Company: 0 Industry median: 12021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Education (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 1 485 -410 0 6 024 5 792 0
2024 2 796 190 0 6 309 6 202 0
2023 7 898 4 774 0 13 993 13 512 0
2022 4 799 1 057 0 9 313 8 738 0
2021 9 400 5 000 0 8 359 7 681 0
2020 2 663 83 0 6 078 -2 319 0
2019 4 629 1 736 0 4 841 -3 160 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 1
2013 — — — — — 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
-27.6 %
Net profit / revenue
Return on equity (ROE)
-7.1 %
Net profit / equity
Return on assets (ROA)
-6.8 %
Net profit / assets
Equity ratio
96.1 %
Equity / assets
Debt ratio
3.9 %
Liabilities / assets
Current ratio
18.06
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 20 May 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 5 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Apr 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 19 May 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 11 May 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 13 Apr 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 10 Jun 2020 Company’s own e-Äriregister

Board

Right of representation

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

Owners

Beneficial owners

Founders and other persons

Activities (EMTAK)

  • 85521Music and art education Main
Rulings
Number, date Title Deadline State Document
Ä 10173599 / 11
3 Oct 2024
Amendment entry In force
3 Oct 2024
PDF
Ä 10173599 / M4
23 Sep 2024
Ruling to eliminate deficiencies 15 Oct 2024 Deficiencies eliminated
3 Oct 2024
PDF
Ä 10173599 / 10
11 Sep 2024
Entry refused In force
27 Sep 2024
PDF
Ä 10173599 / M3
9 Sep 2024
Procedural ruling 19 Sep 2024 Deficiencies eliminated
10 Sep 2024
PDF
Ä 10173599 / 9
2 Sep 2024
Entry refused In force
20 Sep 2024
PDF
Ä 10173599 / 8
16 May 2024
Entry refused In force
4 Jun 2024
PDF
Ä 10173599 / 7
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 10173599 / 6
23 Aug 2021
Amendment entry In force
23 Aug 2021
PDF
Ä 10173599 / M2
10 Jun 2020
Warning of compulsory dissolution: insufficient net assets 11 Dec 2020 In force
10 Jun 2020
PDF
Ä 10173599 / M1
10 Jun 2020
Ruling to eliminate deficiencies in the annual report 10 Jul 2020 Deficiencies eliminated
10 Jun 2020
PDF
Ä 10173599 / 5
17 Jan 2018
Amendment entry In force
17 Jan 2018
PDF
Ä 10173599 / 4
2 Dec 2017
Amendment entry In force
2 Dec 2017
PDF
Ä 10173599 / 3
12 Sep 2016
Amendment entry In force
12 Sep 2016
PDF
Ä 10173599 / 2
23 Aug 2013
Amendment entry In force
23 Aug 2013
PDF
Ä 10173599
10 Sep 2012
First entry In force
10 Sep 2012
PDF

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