Shines Digital Europe OÜ

Active Registry code 14964322 OÜ Tartu linn Registered 5 May 2020
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Shines Digital Europe OÜ is a OÜ based in Tartu linn, registry code 14964322, status: active. Main activity: Media representation. According to EMTA, turnover for Q1 2024 was €1 342 with employees.

Turnover
1 342 €
↓ 48.2% vs Q4 2023
State taxes
1 750 €
↓ 42.3% vs Q4 2023
Labour taxes
1 500 €
↓ 49.8% vs Q4 2023
Employees
—

Q1 2024 · data from the Tax and Customs Board (EMTA)

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

  • Turnover · Q1 2024 1 342 €
    industry median 16 996 € · companies in the industry: 1 729
  • Revenue · 2025 0 €
    industry median 14 652 € · companies in the industry: 3 983

Taxes and turnover

Q1 2022 – Q1 2024
Turnover, € Q1 2024: 1 342 € · −48.2% vs Q4 2023 · industry median 16 996 € · above 11% of the industry
020 00040 00060 00080 000Q1 2022 Company: 51 368 € Industry median: 15 681 €Q1·22Q2 2022 Company: 78 980 € Industry median: 17 557 €Q2·22Q3 2022 Company: 68 888 € Industry median: 16 832 €Q3·22Q4 2022 Company: 60 082 € Industry median: 19 049 €Q4·22Q1 2023 Company: 71 641 € Industry median: 17 852 €Q1·23Q2 2023 Company: 72 699 € Industry median: 17 236 €Q2·23Q3 2023 Company: 44 865 € Industry median: 16 665 €Q3·23Q4 2023 Company: 2 593 € Industry median: 18 052 €Q4·23Q1 2024 Company: 1 342 € Industry median: 16 996 €Q1·24020 00040 00060 00080 000Q2 2022 Company: 78 980 € Industry median: 17 557 €Q3 2022 Company: 68 888 € Industry median: 16 832 €Q3·22Q4 2022 Company: 60 082 € Industry median: 19 049 €Q1 2023 Company: 71 641 € Industry median: 17 852 €Q1·23Q2 2023 Company: 72 699 € Industry median: 17 236 €Q3 2023 Company: 44 865 € Industry median: 16 665 €Q3·23Q4 2023 Company: 2 593 € Industry median: 18 052 €Q1 2024 Company: 1 342 € Industry median: 16 996 €Q1·24
  • 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.

Labour taxes per employee, € Q2 2023: 3 829 € · +7.6% vs Q1 2023 · industry median 1 484 € · above 84% of the industry
01 0002 0003 0004 000Q1 2022 Company: 2 284 € Industry median: 1 365 €Q1·22Q2 2022 Company: 3 469 € Industry median: 1 379 €Q2·22Q3 2022 Company: 3 097 € Industry median: 1 464 €Q3·22Q4 2022 Company: 3 312 € Industry median: 1 461 €Q4·22Q1 2023 Company: 3 557 € Industry median: 1 518 €Q1·23Q2 2023 Company: 3 829 € Industry median: 1 484 €Q2·23Q3 2023 Company: — Industry median: 1 427 €Q3·23Q4 2023 Company: — Industry median: 1 428 €Q4·23Q1 2024 Company: — Industry median: 1 441 €Q1·2401 0002 0003 0004 000Q2 2022 Company: 3 469 € Industry median: 1 379 €Q3 2022 Company: 3 097 € Industry median: 1 464 €Q3·22Q4 2022 Company: 3 312 € Industry median: 1 461 €Q1 2023 Company: 3 557 € Industry median: 1 518 €Q1·23Q2 2023 Company: 3 829 € Industry median: 1 484 €Q3 2023 Company: — Industry median: 1 427 €Q3·23Q4 2023 Company: — Industry median: 1 428 €Q1 2024 Company: — Industry median: 1 441 €Q1·24
  • 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.

Employees Q2 2023: 4 · +0.0% vs Q1 2023
0246Q1 2022 Company: 6Q1·22Q2 2022 Company: 5Q2·22Q3 2022 Company: 5Q3·22Q4 2022 Company: 4Q4·22Q1 2023 Company: 4Q1·23Q2 2023 Company: 4Q2·23Q3 2023 Company: —Q3·23Q4 2023 Company: —Q4·23Q1 2024 Company: —Q1·24012345Q2 2022 Company: 5Q3 2022 Company: 5Q3·22Q4 2022 Company: 4Q1 2023 Company: 4Q1·23Q2 2023 Company: 4Q3 2023 Company: —Q3·23Q4 2023 Company: —Q1 2024 Company: —Q1·24
State taxes, € Q1 2024: 1 750 € · −42.3% vs Q4 2023
05 00010 00015 00020 000Q1 2022 Company: 12 814 €Q1·22Q2 2022 Company: 16 225 €Q2·22Q3 2022 Company: 14 487 €Q3·22Q4 2022 Company: 12 418 €Q4·22Q1 2023 Company: 13 280 €Q1·23Q2 2023 Company: 14 459 €Q2·23Q3 2023 Company: 12 717 €Q3·23Q4 2023 Company: 3 032 €Q4·23Q1 2024 Company: 1 750 €Q1·2405 00010 00015 00020 000Q2 2022 Company: 16 225 €Q3 2022 Company: 14 487 €Q3·22Q4 2022 Company: 12 418 €Q1 2023 Company: 13 280 €Q1·23Q2 2023 Company: 14 459 €Q3 2023 Company: 12 717 €Q3·23Q4 2023 Company: 3 032 €Q1 2024 Company: 1 750 €Q1·24
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q1 2024 1 342 1 750 1 500 —
Q4 2023 2 593 3 032 2 987 —
Q3 2023 44 865 12 717 14 021 —
Q2 2023 72 699 14 459 15 314 4
Q1 2023 71 641 13 280 14 229 4
Q4 2022 60 082 12 418 13 248 4
Q3 2022 68 888 14 487 15 483 5
Q2 2022 78 980 16 225 17 343 5
Q1 2022 51 368 12 814 13 706 6

Financials by year

2020 – 2025
Revenue, € thousand 2025: 0 € · industry median 14 652 € · above 5% of the industry
01002003002020 Company: 80 696 € Industry median: 12 176 €20202021 Company: 224 948 € Industry median: 13 429 €20212022 Company: 260 867 € Industry median: 13 712 €20222023 Company: 166 271 € Industry median: 14 413 €20232024 Company: 0 € Industry median: 14 799 €20242025 Company: 0 € Industry median: 14 652 €202501002003002020 Company: 80 696 € Industry median: 12 176 €2021 Company: 224 948 € Industry median: 13 429 €20212022 Company: 260 867 € Industry median: 13 712 €2023 Company: 166 271 € Industry median: 14 413 €20232024 Company: 0 € Industry median: 14 799 €2025 Company: 0 € Industry median: 14 652 €2025
  • 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, € 2025: -1 827 € · +21.0% vs 2024 · industry median 382 € · above 18% of the industry
-10 000-5 00005 00010 00015 0002020 Company: 7 915 € Industry median: 591 €20202021 Company: 14 174 € Industry median: 871 €20212022 Company: -4 344 € Industry median: 543 €20222023 Company: -8 701 € Industry median: 751 €20232024 Company: -2 312 € Industry median: 585 €20242025 Company: -1 827 € Industry median: 382 €2025-10 000-5 00005 00010 00015 0002020 Company: 7 915 € Industry median: 591 €2021 Company: 14 174 € Industry median: 871 €20212022 Company: -4 344 € Industry median: 543 €2023 Company: -8 701 € Industry median: 751 €20232024 Company: -2 312 € Industry median: 585 €2025 Company: -1 827 € Industry median: 382 €2025
  • 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, % 2023: -5.2 % · −3.6 pp vs the year before · industry median 11.7 % · above 19% of the industry
-10-50510152020 Company: 9.8 % Industry median: 12.5 %20202021 Company: 6.3 % Industry median: 14.5 %20212022 Company: -1.7 % Industry median: 11.4 %20222023 Company: -5.2 % Industry median: 11.7 %20232024 Company: — Industry median: 10.8 %20242025 Company: — Industry median: 8.6 %2025-10-50510152020 Company: 9.8 % Industry median: 12.5 %2021 Company: 6.3 % Industry median: 14.5 %20212022 Company: -1.7 % Industry median: 11.4 %2023 Company: -5.2 % Industry median: 11.7 %20232024 Company: — Industry median: 10.8 %2025 Company: — Industry median: 8.6 %2025
  • 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, € 2025: 7 971 € · −18.2% vs 2024
020 00040 00060 0002020 Company: 29 232 €20202021 Company: 50 901 €20212022 Company: 42 674 €20222023 Company: 13 910 €20232024 Company: 9 747 €20242025 Company: 7 971 €2025020 00040 00060 0002020 Company: 29 232 €2021 Company: 50 901 €20212022 Company: 42 674 €2023 Company: 13 910 €20232024 Company: 9 747 €2025 Company: 7 971 €2025
Equity, € 2025: 7 905 € · −18.8% vs 2024
010 00020 00030 0002020 Company: 10 915 €20202021 Company: 25 089 €20212022 Company: 20 745 €20222023 Company: 12 044 €20232024 Company: 9 732 €20242025 Company: 7 905 €2025010 00020 00030 0002020 Company: 10 915 €2021 Company: 25 089 €20212022 Company: 20 745 €2023 Company: 12 044 €20232024 Company: 9 732 €2025 Company: 7 905 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
012342020 Company: 3 Industry median: 120202021 Company: 4 Industry median: 120212022 Company: 4 Industry median: 120222023 Company: 3 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 12025012342020 Company: 3 Industry median: 12021 Company: 4 Industry median: 120212022 Company: 4 Industry median: 12023 Company: 3 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • 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, € Labour costs, € Assets, € Equity, € Employees
2025 0 -1 827 0 7 971 7 905 0
2024 0 -2 312 0 9 747 9 732 0
2023 166 271 -8 701 92 479 13 910 12 044 3
2022 260 867 -4 344 146 712 42 674 20 745 4
2021 224 948 14 174 109 703 50 901 25 089 4
2020 80 696 7 915 26 307 29 232 10 915 3

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

Return on equity (ROE)
-23.1 %
Net profit / equity
Return on assets (ROA)
-22.9 %
Net profit / assets
Equity ratio
99.2 %
Equity / assets
Debt ratio
0.8 %
Liabilities / assets
Current ratio
7.14
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 25 Mar 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 27 Mar 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 3 Apr 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jan 2022 Company’s own e-Äriregister
2020 5 May 2020 – 31 Dec 2020 6 Jul 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 73121Media representation Main
Rulings
Number, date Title Deadline State Document
Ä 50145521 / 12
21 Jul 2026
Amendment entry In force
21 Jul 2026
PDF
Ä 50145521 / 11
19 Dec 2025
Amendment entry In force
19 Dec 2025
PDF
Ä 50145521 / 10
19 Dec 2025
Amendment entry In force
19 Dec 2025
PDF
Ä 50145521 / 9
29 Apr 2024
Amendment entry In force
29 Apr 2024
PDF
Ä 50145521 / 8
4 May 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
4 May 2023
PDF
Ä 50145521 / 7
3 Feb 2022
Amendment under Commercial Code § 525 (2) In force
3 Feb 2022
PDF
Ä 50145521 / 6
3 Jan 2022
Amendment entry In force
3 Jan 2022
PDF
Ä 50145521 / 5
1 Oct 2021
Amendment under Commercial Code § 525 (2) In force
1 Oct 2021
PDF
Ä 50145521 / 4
10 Feb 2021
Amendment entry In force
10 Feb 2021
PDF
Ä 50145521 / M1
28 Jan 2021
Ruling to eliminate deficiencies 17 Feb 2021 Deficiencies eliminated
10 Feb 2021
PDF
Ä 50145521 / 3
5 Jan 2021
Amendment entry In force
5 Jan 2021
PDF
Ä 50145521 / 2
6 Jun 2020
Amendment entry In force
6 Jun 2020
PDF
Ä 50145521
5 May 2020
First entry In force
5 May 2020
PDF

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