Twenty Three Studios OÜ

Active Registry code 14769543 OÜ Tallinn Registered 26 Jul 2019
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Twenty Three Studios OÜ is a OÜ based in Tallinn, registry code 14769543, status: active. Main activity: Translation and interpretation activities. According to EMTA, turnover for Q3 2026 was €64 329 with employees.

Turnover
64 329 €
↓ 17.5% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

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

Position in the industry Other professional, scientific and technical activities · EMTAK 74

  • Turnover · Q3 2026 64 329 €
    industry median 9 242 € · companies in the industry: 2 536
  • Revenue · 2025 162 701 €
    industry median 6 586 € · companies in the industry: 7 527
  • Net profit margin · 2025 2.1 %
    industry median 10.4 % · companies in the industry: 5 370

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 64 329 € · −17.5% vs Q2 2026 · industry median 9 242 € · above 90% of the industry
0255075100125Q4 2023 Company: 122 201 € Industry median: 9 785 €Q4·23Q1 2024 Company: 52 247 € Industry median: 8 800 €Q2 2024 Company: 50 488 € Industry median: 8 986 €Q2·24Q3 2024 Company: 60 885 € Industry median: 8 842 €Q4 2024 Company: 33 748 € Industry median: 9 244 €Q4·24Q1 2025 Company: 46 558 € Industry median: 8 763 €Q2 2025 Company: 45 819 € Industry median: 9 000 €Q2·25Q3 2025 Company: 62 238 € Industry median: 8 656 €Q4 2025 Company: 36 909 € Industry median: 9 635 €Q4·25Q1 2026 Company: 60 946 € Industry median: 8 777 €Q2 2026 Company: 78 019 € Industry median: 9 058 €Q2·26Q3 2026 Company: 64 329 € Industry median: 9 242 €Q3·26020406080Q4 2024 Company: 33 748 € Industry median: 9 244 €Q1 2025 Company: 46 558 € Industry median: 8 763 €Q1·25Q2 2025 Company: 45 819 € Industry median: 9 000 €Q3 2025 Company: 62 238 € Industry median: 8 656 €Q3·25Q4 2025 Company: 36 909 € Industry median: 9 635 €Q1 2026 Company: 60 946 € Industry median: 8 777 €Q1·26Q2 2026 Company: 78 019 € Industry median: 9 058 €Q3 2026 Company: 64 329 € Industry median: 9 242 €Q3·26
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

State taxes, € Q2 2026: 178 € · −59.9% vs Q1 2026
0100200300400500Q4 2023 Company: —Q4·23Q1 2024 Company: —Q2 2024 Company: 2 €Q2·24Q3 2024 Company: —Q4 2024 Company: 3 €Q4·24Q1 2025 Company: —Q2 2025 Company: 4 €Q2·25Q3 2025 Company: —Q4 2025 Company: —Q4·25Q1 2026 Company: 444 €Q2 2026 Company: 178 €Q2·26Q3 2026 Company: —Q3·260100200300400500Q4 2024 Company: 3 €Q1 2025 Company: —Q1·25Q2 2025 Company: 4 €Q3 2025 Company: —Q3·25Q4 2025 Company: —Q1 2026 Company: 444 €Q1·26Q2 2026 Company: 178 €Q3 2026 Company: —Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 64 329 — — —
Q2 2026 78 019 178 178 —
Q1 2026 60 946 444 — —
Q4 2025 36 909 — — —
Q3 2025 62 238 — — —
Q2 2025 45 819 4 — —
Q1 2025 46 558 — — —
Q4 2024 33 748 3 — —
Q3 2024 60 885 — — —
Q2 2024 50 488 2 — —
Q1 2024 52 247 — — —
Q4 2023 122 201 — — —
Q3 2023 54 571 — — —
Q2 2023 67 270 — — —
Q1 2023 50 075 — — —
Q4 2022 92 799 — — —
Q3 2022 44 162 — — —
Q2 2022 62 038 — — —
Q1 2022 69 145 — — —

Financials by year

2020 – 2025
Revenue, € thousand 2025: 162 701 € · −1.7% vs 2024 · industry median 6 586 € · above 98% of the industry
01002003004002020 Company: 317 819 € Industry median: 6 206 €20202021 Company: 306 839 € Industry median: 6 670 €20212022 Company: 252 312 € Industry median: 6 917 €20222023 Company: 288 577 € Industry median: 6 395 €20232024 Company: 165 576 € Industry median: 6 500 €20242025 Company: 162 701 € Industry median: 6 586 €202501002003004002020 Company: 317 819 € Industry median: 6 206 €2021 Company: 306 839 € Industry median: 6 670 €20212022 Company: 252 312 € Industry median: 6 917 €2023 Company: 288 577 € Industry median: 6 395 €20232024 Company: 165 576 € Industry median: 6 500 €2025 Company: 162 701 € Industry median: 6 586 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: 3 432 € · +120.3% vs 2024 · industry median 107 € · above 73% of the industry
-50 000050 000100 0002020 Company: 94 634 € Industry median: 290 €20202021 Company: -40 200 € Industry median: 454 €20212022 Company: -17 521 € Industry median: 251 €20222023 Company: 10 274 € Industry median: 219 €20232024 Company: -16 883 € Industry median: 183 €20242025 Company: 3 432 € Industry median: 107 €2025-50 000050 000100 0002020 Company: 94 634 € Industry median: 290 €2021 Company: -40 200 € Industry median: 454 €20212022 Company: -17 521 € Industry median: 251 €2023 Company: 10 274 € Industry median: 219 €20232024 Company: -16 883 € Industry median: 183 €2025 Company: 3 432 € Industry median: 107 €2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 2.1 % · +12.3 pp vs the year before · industry median 10.4 % · above 38% of the industry
-20-1001020302020 Company: 29.8 % Industry median: 14.5 %20202021 Company: -13.1 % Industry median: 16.1 %20212022 Company: -6.9 % Industry median: 12.9 %20222023 Company: 3.6 % Industry median: 13.2 %20232024 Company: -10.2 % Industry median: 11.3 %20242025 Company: 2.1 % Industry median: 10.4 %2025-20-1001020302020 Company: 29.8 % Industry median: 14.5 %2021 Company: -13.1 % Industry median: 16.1 %20212022 Company: -6.9 % Industry median: 12.9 %2023 Company: 3.6 % Industry median: 13.2 %20232024 Company: -10.2 % Industry median: 11.3 %2025 Company: 2.1 % Industry median: 10.4 %2025
  • Company
  • Industry median

Industry: Other professional, scientific and technical activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 38 328 € · +2.2% vs 2024
020 00040 00060 00080 000100 0002020 Company: 98 418 €20202021 Company: 59 116 €20212022 Company: 41 635 €20222023 Company: 52 139 €20232024 Company: 37 495 €20242025 Company: 38 328 €2025020 00040 00060 00080 000100 0002020 Company: 98 418 €2021 Company: 59 116 €20212022 Company: 41 635 €2023 Company: 52 139 €20232024 Company: 37 495 €2025 Company: 38 328 €2025
Equity, € 2025: 33 737 € · +11.3% vs 2024
020 00040 00060 00080 000100 0002020 Company: 94 634 €20202021 Company: 54 434 €20212022 Company: 36 914 €20222023 Company: 47 188 €20232024 Company: 30 305 €20242025 Company: 33 737 €2025020 00040 00060 00080 000100 0002020 Company: 94 634 €2021 Company: 54 434 €20212022 Company: 36 914 €2023 Company: 47 188 €20232024 Company: 30 305 €2025 Company: 33 737 €2025
Employees 2025: 1 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02020 Company: 1 Industry median: 120202021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02020 Company: 1 Industry median: 12021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Other professional, scientific and technical 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 162 701 3 432 6 751 38 328 33 737 1
2024 165 576 -16 883 0 37 495 30 305 0
2023 288 577 10 274 60 000 52 139 47 188 1
2022 252 312 -17 521 51 425 41 635 36 914 1
2021 306 839 -40 200 60 000 59 116 54 434 1
2020 317 819 94 634 60 000 98 418 94 634 1

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
2.1 %
Net profit / revenue
Return on equity (ROE)
10.2 %
Net profit / equity
Return on assets (ROA)
9.0 %
Net profit / assets
Equity ratio
88.0 %
Equity / assets
Debt ratio
12.0 %
Liabilities / assets
Current ratio
8.35
Current assets / current liabilities
Revenue per employee
162 701 €
Revenue / average full-time employees
Labour cost per employee per month
563 €
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 28 Apr 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 May 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 28 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 24 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 22 Apr 2022 Company’s own e-Äriregister
2020 26 Jul 2019 – 31 Dec 2020 24 Mar 2021 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

  • Semih Sancar
    Member of a senior management body (management or supervisory board) · TUR · since 26 Jul 2019

Founders and other persons

Activities (EMTAK)

  • 74301Translation and interpretation activities Main
Rulings
Number, date Title Deadline State Document
Ä 50124525 / 4
2 Oct 2025
Amendment entry In force
2 Oct 2025
PDF
Ä 50124525 / 3
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50124525 / 2
27 Apr 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
27 Apr 2023
PDF
Ä 50124525
26 Jul 2019
First entry In force
26 Jul 2019
PDF

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