Garage48 OÜ

Active Registry code 14270370 OÜ Tallinn Registered 1 Jun 2017

Garage48 OÜ is a OÜ based in Tallinn, registry code 14270370, status: active. Main activity: Amusement and recreation activities n.e.c.. According to EMTA, turnover for Q3 2026 was €118 670 with 3 employees.

Turnover

118 670 €

↓ 61.3% vs Q2 2026

State taxes

25 623 €

Labour taxes

19 093 €

↓ 0.3% vs Q2 2026

Employees

−1 vs Q2 2026

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

Position in the industry Sports activities and amusement and recreation activities · EMTAK 93

Turnover · Q3 2026 118 670 €

above 89% of companies

industry median 13 701 € · companies in the industry: 1 404
Labour taxes per employee 6 364 €

above 98% of companies

industry median 1 179 € · companies in the industry: 1 807
Revenue · 2025 712 568 €

above 98% of companies

industry median 0 € · companies in the industry: 8 615
Net profit margin · 2025 10.9 %

above 66% of companies

industry median 3.2 % · companies in the industry: 5 951

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 118 670 € · −61.3% vs Q2 2026 · industry median 13 701 € · above 89% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 364 € · +32.9% vs Q2 2026 · industry median 1 179 € · above 98% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · −25.0% vs Q2 2026

State taxes, € Q3 2026: 25 623 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	118 670	25 623	19 093	3
Q2 2026	306 457	—	19 159	4
Q1 2026	45 194	24 442	20 068	4
Q4 2025	475 350	27 126	19 652	4
Q3 2025	37 367	20 676	19 210	3
Q2 2025	171 636	74 134	21 013	3
Q1 2025	689 043	40 946	25 515	3
Q4 2024	66 586	56 286	21 128	5
Q3 2024	69 363	29 226	31 703	3
Q2 2024	30 190	19 169	19 038	3
Q1 2024	43 451	21 731	23 188	3
Q4 2023	349 845	32 602	30 004	7
Q3 2023	175 225	23 510	25 122	11
Q2 2023	169 264	41 532	28 928	9
Q1 2023	215 803	39 977	29 752	9
Q4 2022	131 149	24 346	19 211	5
Q3 2022	31 563	44 268	43 806	6
Q2 2022	119 178	32 114	28 914	4
Q1 2022	258 759	60 380	30 015	5

Labour taxes per employee per month

2 121 €

Turnover per employee in the quarter

39 557 €

Q3 2026 · calculated from EMTA data

Financials by year

2017 – 2025

Revenue, € thousand 2025: 712 568 € · +1.1% vs 2024 · industry median 0 € · above 98% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 77 964 € · +128.6% vs 2024 · industry median 10 € · above 98% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 10.9 % · +49.6 pp vs the year before · industry median 3.2 % · above 66% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 413 307 € · +45.3% vs 2024

Equity, € thousand 2025: 139 960 € · +1 287.1% vs 2024

Employees 2025: 3 · +0.0% vs 2024 · industry median 1 · above 80% of the industry

Company
Industry median

Industry: Sports activities and amusement and recreation 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	712 568	77 964	174 905	413 307	139 960	3
2024	705 079	-272 301	226 206	284 406	10 090	3
2023	780 481	80 358	251 116	351 520	282 391	5
2022	461 625	-83 935	294 934	272 975	202 033	5
2021	591 046	130 716	255 622	592 566	285 968	7
2020	447 195	4 869	137 081	299 895	155 252	3
2019	546 303	47 134	140 467	214 105	150 384	4
2018	—	—	—	—	—	2
2017	—	—	—	—	—	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

10.9 %

Net profit / revenue

Return on equity (ROE)

55.7 %

Net profit / equity

Return on assets (ROA)

18.9 %

Net profit / assets

Equity ratio

33.9 %

Equity / assets

Debt ratio

66.1 %

Liabilities / assets

Current ratio

1.51

Current assets / current liabilities

Revenue per employee

237 523 €

Revenue / average full-time employees

Labour cost per employee per month

4 858 €

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	29 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	30 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	30 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	30 Jun 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	12 Aug 2020	Company’s own	e-Äriregister

Board

Mari Hanikat
Board member · since 31 Jan 2018

Right of representation

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

Owners

Lowkey Ventures OÜ
Legal person · 17343661 · 2 500 €

100%

Beneficial owners

Mari Hanikat
Over 50% of voting rights in the consolidated entity · since 26 Feb 2026

Founders and other persons

Good Times Company OÜ
Founder · 412 € · 6 May 2017
Lift99 OÜ
Founder · 412 € · 6 May 2017
Masteraad OÜ
Founder · 220 € · 6 May 2017
NewWave Agency OÜ
Founder · 220 € · 6 May 2017
OÜ BSC
Founder · 412 € · 6 May 2017
OÜ Customix
Founder · 412 € · 6 May 2017
ZERO Media OÜ
Founder · 412 € · 6 May 2017

shared board members, owners or beneficial owners

Activities (EMTAK)

93291Amusement and recreation activities n.e.c. Main

Rulings 15

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50058464 / 12 26 Feb 2026	Amendment entry		In force 26 Feb 2026	PDF
Ä 50058464 / 11 28 Oct 2024	Amendment entry		In force 28 Oct 2024	PDF
Ä 50058464 / 10 30 Sep 2024	Entry refused: deficiencies not eliminated		In force 23 Oct 2024	PDF
Ä 50058464 / M3 9 Sep 2024	Ruling to eliminate deficiencies	24 Sep 2024	In force 25 Sep 2024	PDF
Ä 50058464 / 9 11 Sep 2023	Amendment entry		In force 11 Sep 2023	PDF
Ä 50058464 / 8 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50058464 / 7 21 Mar 2023	Amendment entry		In force 21 Mar 2023	PDF
Ä 50058464 / 6 2 Dec 2021	Amendment under Commercial Code § 525 (2)		In force 2 Dec 2021	PDF
Ä 50058464 / 5 17 Nov 2020	Amendment entry		In force 17 Nov 2020	PDF
Ä 50058464 / M2 13 Nov 2020	Ruling to eliminate deficiencies	13 Dec 2020	Deficiencies eliminated 17 Nov 2020	PDF
Ä 50058464 / 4 31 Jan 2018	Amendment entry		In force 31 Jan 2018	PDF
Ä 50058464 / M1 22 Jan 2018	Ruling to eliminate deficiencies	21 Feb 2018	Deficiencies eliminated 31 Jan 2018	PDF
Ä 50058464 / 3 20 Jan 2018	Amendment entry		In force 20 Jan 2018	PDF
Ä 50058464 / 2 13 Dec 2017	Amendment entry		In force 13 Dec 2017	PDF
Ä 50058464 1 Jun 2017	First entry		In force 1 Jun 2017	PDF

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

Garage48 OÜ

Position in the industry Sports activities and amusement and recreation activities · EMTAK 93

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 15