Underwater Music OÜ

Active Registry code 12566178 OÜ Tallinn Registered 7 Nov 2013
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Underwater Music OÜ is a OÜ based in Tallinn, registry code 12566178, status: active. Main activity: Stage performance of musicians. According to EMTA, turnover for Q3 2026 was €1 340 with employees.

Turnover
1 340 €
↑ 269.1% vs Q2 2026
State taxes
78 €
↑ 100.0% vs Q2 2026
Labour taxes
0 €
Employees
—

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 1 340 €
    industry median 11 164 € · companies in the industry: 1 365
  • Revenue · 2025 3 378 €
    industry median 3 365 € · companies in the industry: 5 777
  • Net profit margin · 2025 -43.0 %
    industry median 6.2 % · companies in the industry: 4 416

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 1 340 € · +269.1% vs Q2 2026 · industry median 11 164 € · above 12% of the industry
02 5005 0007 50010 00012 500Q4 2023 Company: 2 450 € Industry median: 9 000 €Q4·23Q1 2024 Company: 3 115 € Industry median: 9 650 €Q2 2024 Company: 1 417 € Industry median: 8 357 €Q2·24Q3 2024 Company: 1 355 € Industry median: 10 795 €Q4 2024 Company: 2 456 € Industry median: 9 389 €Q4·24Q1 2025 Company: 1 570 € Industry median: 9 320 €Q2 2025 Company: 1 350 € Industry median: 8 080 €Q2·25Q3 2025 Company: 258 € Industry median: 10 850 €Q4 2025 Company: 140 € Industry median: 9 154 €Q4·25Q1 2026 Company: 160 € Industry median: 10 512 €Q2 2026 Company: 363 € Industry median: 9 107 €Q2·26Q3 2026 Company: 1 340 € Industry median: 11 164 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 2 456 € Industry median: 9 389 €Q1 2025 Company: 1 570 € Industry median: 9 320 €Q1·25Q2 2025 Company: 1 350 € Industry median: 8 080 €Q3 2025 Company: 258 € Industry median: 10 850 €Q3·25Q4 2025 Company: 140 € Industry median: 9 154 €Q1 2026 Company: 160 € Industry median: 10 512 €Q1·26Q2 2026 Company: 363 € Industry median: 9 107 €Q3 2026 Company: 1 340 € Industry median: 11 164 €Q3·26
  • 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.

State taxes, € Q3 2026: 78 € · +100.0% vs Q2 2026
0100200300400500Q4 2023 Company: 409 €Q4·23Q1 2024 Company: 384 €Q2 2024 Company: 169 €Q2·24Q3 2024 Company: 119 €Q4 2024 Company: 321 €Q4·24Q1 2025 Company: 80 €Q2 2025 Company: 237 €Q2·25Q3 2025 Company: 39 €Q4 2025 Company: 39 €Q4·25Q1 2026 Company: —Q2 2026 Company: 39 €Q2·26Q3 2026 Company: 78 €Q3·260100200300400Q4 2024 Company: 321 €Q1 2025 Company: 80 €Q1·25Q2 2025 Company: 237 €Q3 2025 Company: 39 €Q3·25Q4 2025 Company: 39 €Q1 2026 Company: —Q1·26Q2 2026 Company: 39 €Q3 2026 Company: 78 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 1 340 78 — —
Q2 2026 363 39 — —
Q1 2026 160 — — —
Q4 2025 140 39 — —
Q3 2025 258 39 — —
Q2 2025 1 350 237 — —
Q1 2025 1 570 80 — —
Q4 2024 2 456 321 — —
Q3 2024 1 355 119 — —
Q2 2024 1 417 169 — —
Q1 2024 3 115 384 — —
Q4 2023 2 450 409 — —
Q3 2023 3 585 505 — —
Q2 2023 3 245 536 — —
Q1 2023 8 702 607 — —
Q4 2022 1 987 48 — —
Q3 2022 6 169 594 — —
Q2 2022 1 816 40 — —
Q1 2022 1 894 72 — —

Financials by year

2016 – 2025
Revenue, € 2025: 3 378 € · −42.6% vs 2024 · industry median 3 365 € · above 50% of the industry
05 00010 00015 00020 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 6 723 € Industry median: 3 283 €20192020 Company: 8 360 € Industry median: 2 338 €20202021 Company: 3 813 € Industry median: 2 332 €20212022 Company: 14 467 € Industry median: 2 950 €20222023 Company: 17 012 € Industry median: 3 587 €20232024 Company: 5 888 € Industry median: 3 534 €20242025 Company: 3 378 € Industry median: 3 365 €202505 00010 00015 00020 0002018 Company: — Industry median: —2019 Company: 6 723 € Industry median: 3 283 €20192020 Company: 8 360 € Industry median: 2 338 €2021 Company: 3 813 € Industry median: 2 332 €20212022 Company: 14 467 € Industry median: 2 950 €2023 Company: 17 012 € Industry median: 3 587 €20232024 Company: 5 888 € Industry median: 3 534 €2025 Company: 3 378 € Industry median: 3 365 €2025
  • 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: -1 454 € · −34.0% vs 2024 · industry median 139 € · above 16% of the industry
-4 000-3 000-2 000-1 00001 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -3 254 € Industry median: 234 €20192020 Company: -1 170 € Industry median: 87 €20202021 Company: -2 191 € Industry median: 260 €20212022 Company: -16 € Industry median: 227 €20222023 Company: 922 € Industry median: 226 €20232024 Company: -1 085 € Industry median: 204 €20242025 Company: -1 454 € Industry median: 139 €2025-4 000-3 000-2 000-1 00001 0002018 Company: — Industry median: —2019 Company: -3 254 € Industry median: 234 €20192020 Company: -1 170 € Industry median: 87 €2021 Company: -2 191 € Industry median: 260 €20212022 Company: -16 € Industry median: 227 €2023 Company: 922 € Industry median: 226 €20232024 Company: -1 085 € Industry median: 204 €2025 Company: -1 454 € Industry median: 139 €2025
  • 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: -43.0 % · −24.6 pp vs the year before · industry median 6.2 % · above 8% of the industry
-60-40-200202016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: -48.4 % Industry median: 7.5 %20192020 Company: -14.0 % Industry median: 7.0 %20202021 Company: -57.5 % Industry median: 11.8 %20212022 Company: -0.1 % Industry median: 9.2 %20222023 Company: 5.4 % Industry median: 8.3 %20232024 Company: -18.4 % Industry median: 6.9 %20242025 Company: -43.0 % Industry median: 6.2 %2025-60-40-200202018 Company: — Industry median: —2019 Company: -48.4 % Industry median: 7.5 %20192020 Company: -14.0 % Industry median: 7.0 %2021 Company: -57.5 % Industry median: 11.8 %20212022 Company: -0.1 % Industry median: 9.2 %2023 Company: 5.4 % Industry median: 8.3 %20232024 Company: -18.4 % Industry median: 6.9 %2025 Company: -43.0 % Industry median: 6.2 %2025
  • 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: 16 210 € · −9.9% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 21 297 €20192020 Company: 20 815 €20202021 Company: 18 487 €20212022 Company: 18 855 €20222023 Company: 20 776 €20232024 Company: 17 987 €20242025 Company: 16 210 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 21 297 €20192020 Company: 20 815 €2021 Company: 18 487 €20212022 Company: 18 855 €2023 Company: 20 776 €20232024 Company: 17 987 €2025 Company: 16 210 €2025
Equity, € 2025: 16 127 € · −8.3% vs 2024
05 00010 00015 00020 00025 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 21 121 €20192020 Company: 19 950 €20202021 Company: 17 759 €20212022 Company: 17 743 €20222023 Company: 18 665 €20232024 Company: 17 580 €20242025 Company: 16 127 €202505 00010 00015 00020 00025 0002018 Company: —2019 Company: 21 121 €20192020 Company: 19 950 €2021 Company: 17 759 €20212022 Company: 17 743 €2023 Company: 18 665 €20232024 Company: 17 580 €2025 Company: 16 127 €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: 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 3 378 -1 454 0 16 210 16 127 0
2024 5 888 -1 085 0 17 987 17 580 0
2023 17 012 922 0 20 776 18 665 0
2022 14 467 -16 0 18 855 17 743 0
2021 3 813 -2 191 0 18 487 17 759 0
2020 8 360 -1 170 0 20 815 19 950 0
2019 6 723 -3 254 0 21 297 21 121 0
2018 — — — — — 0
2017 — — — — — 0
2016 — — — — — 0
2015 — — — — — 0
2014 — — — — — 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
-43.0 %
Net profit / revenue
Return on equity (ROE)
-9.0 %
Net profit / equity
Return on assets (ROA)
-9.0 %
Net profit / assets
Equity ratio
99.5 %
Equity / assets
Debt ratio
0.5 %
Liabilities / assets
Current ratio
188.93
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 28 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 25 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 20 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 12 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 18 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 26 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Sep 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)

  • 90202Stage performance of musicians Main

Rulings 5

All rulings (PDF)
Rulings
Number, date Title Deadline State Document
Ä 10189524 / 5
2 Sep 2023
 Amendment entry In force
2 Sep 2023
 PDF
Ä 10189524 / 4
19 Jan 2018
 Amendment entry In force
19 Jan 2018
 PDF
Ä 10189524 / 3
6 Dec 2017
 Amendment entry In force
6 Dec 2017
 PDF
Ä 10189524 / 2
16 Sep 2016
 Amendment entry In force
16 Sep 2016
 PDF
Ä 10189524
7 Nov 2013
 First entry In force
7 Nov 2013
 PDF

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