Golden Tears OÜ

Active Registry code 14595117 OÜ Tallinn Registered 26 Oct 2018

Golden Tears OÜ is a OÜ based in Tallinn, registry code 14595117, status: active. Main activity: Activities of advertising agencies. According to EMTA, turnover for Q1 2026 was €0 with employees.

Turnover

0 €

State taxes

—

Labour taxes

—

Employees

—

Q1 2026 · data from the Tax and Customs Board (EMTA)

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

Revenue · 2024 19 200 €

above 54% of companies

industry median 14 799 € · companies in the industry: 4 013
Net profit margin · 2024 -27.6 %

above 11% of companies

industry median 10.8 % · companies in the industry: 3 103

Taxes and turnover

Q2 2023 – Q1 2026

Turnover, € Q1 2026: 0 € · industry median 15 816 € · above 2% 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.

State taxes, € Q2 2025: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q1 2026	—	—	—	—
Q4 2025	—	—	—	—
Q3 2025	—	—	—	—
Q2 2025	—	—	—	—
Q1 2025	—	—	—	—
Q4 2024	6 400	—	—	—
Q3 2024	4 800	—	—	—
Q2 2024	8 000	—	—	—
Q1 2024	1 600	—	—	—
Q4 2023	4 800	—	—	—
Q3 2023	3 200	—	—	—
Q2 2023	6 400	22	—	—
Q1 2023	5 650	—	—	—
Q4 2022	4 800	—	—	—
Q3 2022	5 500	—	—	—
Q2 2022	4 800	—	—	—
Q1 2022	6 400	—	—	—

Financials by year

2019 – 2024

Revenue, € 2024: 19 200 € · −11.3% vs 2023 · industry median 14 799 € · above 54% 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, € 2024: -5 291 € · +49.4% vs 2023 · industry median 585 € · above 10% 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, % 2024: -27.6 % · +20.8 pp vs the year before · industry median 10.8 % · above 11% 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, € 2024: 4 420 € · −54.5% vs 2023

Equity, € 2024: 4 400 € · −54.6% vs 2023

Employees 2024: 0 · industry median 1 · above 2% 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, €	Assets, €	Equity, €
2024	19 200	-5 291	4 420	4 400
2023	21 650	-10 460	9 711	9 691
2022	19 900	4 732	20 171	20 151
2021	17 600	-21 540	15 439	15 419
2020	78 000	-5 066	36 979	36 959
2019	95 000	42 025	42 032	42 025

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2024

Net profit margin

-27.6 %

Net profit / revenue

Return on equity (ROE)

-120.2 %

Net profit / equity

Return on assets (ROA)

-119.7 %

Net profit / assets

Equity ratio

99.5 %

Equity / assets

Debt ratio

0.5 %

Liabilities / assets

Current ratio

221.00

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jan 2024 – 31 Dec 2024	31 Mar 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	29 Feb 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	8 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	15 Apr 2021	Company’s own	e-Äriregister
2019	26 Oct 2018 – 31 Dec 2019	4 May 2020	Company’s own	e-Äriregister

Board

Velican Şahin
Board member · since 26 Oct 2018

Right of representation

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

Owners

VELİCAN ŞAHİN
Natural person · 2 500 €

100%

Beneficial owners

No beneficial owners listed.

Founders and other persons

VELİCAN ŞAHİN
Founder · 2 500 € · 26 Oct 2018

Activities (EMTAK)

73111Activities of advertising agencies Main

Rulings 4

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50105714 / 4 2 Sep 2023	Amendment entry	In force 2 Sep 2023	PDF
Ä 50105714 / 3 4 May 2023	Amendment entry	In force 4 May 2023	PDF
Ä 50105714 / 2 30 Oct 2019	Amendment entry	In force 30 Oct 2019	PDF
Ä 50105714 26 Oct 2018	First entry	In force 26 Oct 2018	PDF

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