Topwork OÜ

Active Registry code 16012330 OÜ Tartu linn Registered 20 Jul 2020

Topwork OÜ is a OÜ based in Tartu linn, registry code 16012330, status: active. Main activity: Operation of arts facilities and sites. According to EMTA, turnover for Q3 2026 was €23 668 with employees.

Turnover

23 668 €

↑ 9.7% vs Q2 2026

State taxes

0 €

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 23 668 €

above 72% of companies

industry median 11 200 € · companies in the industry: 1 366
Revenue · 2025 326 508 €

above 98% of companies

industry median 3 365 € · companies in the industry: 5 777
Net profit margin · 2025 3.5 %

above 45% of companies

industry median 6.2 % · companies in the industry: 4 416

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 23 668 € · +9.7% vs Q2 2026 · industry median 11 200 € · above 72% of the industry

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.

Labour taxes per employee, € Q4 2024: 1 635 € · +52.9% vs Q3 2024 · industry median 963 € · above 79% of the industry

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.

Employees Q4 2024: 1 · −66.7% vs Q3 2024

State taxes, € Q3 2026: 0 €

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	23 668	—	—	—
Q2 2026	21 568	—	—	—
Q1 2026	21 937	—	—	—
Q4 2025	157 068	—	—	—
Q3 2025	246 449	—	—	—
Q2 2025	337 776	—	—	—
Q1 2025	160	—	85	—
Q4 2024	24 113	—	1 635	1
Q3 2024	91 522	—	3 208	3
Q2 2024	5 535	927	4 813	3
Q1 2024	21 167	8 364	9 071	4
Q4 2023	15 751	8 066	8 887	4
Q3 2023	39 306	9 742	10 892	5
Q2 2023	12 055	4 375	4 951	5
Q1 2023	48 592	8 008	9 048	6
Q4 2022	6 972	8 564	9 695	7
Q3 2022	23 002	8 123	9 169	6
Q2 2022	9 109	7 999	9 030	6
Q1 2022	—	5 892	6 643	6

Financials by year

2020 – 2025

Revenue, € thousand 2025: 326 508 € · −16.2% vs 2024 · industry median 3 365 € · above 98% of the industry

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: 11 484 € · −11.2% vs 2024 · industry median 139 € · above 91% of the industry

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: 3.5 % · +0.2 pp vs the year before · industry median 6.2 % · above 45% of the industry

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, € thousand 2025: 417 769 € · +47.4% vs 2024

Equity, € thousand 2025: 101 793 € · +12.7% vs 2024

Employees 2025: 0 · −100.0% vs 2024 · industry median 1 · above 2% of the industry

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	326 508	11 484	0	417 769	101 793	0
2024	389 589	12 936	32 491	283 516	90 309	2
2023	369 780	11 279	109 905	254 193	77 373	5
2022	320 141	10 981	120 118	191 932	66 094	5
2021	211 515	-8 399	107 902	96 719	55 113	5
2020	163 993	61 012	68 784	80 131	61 012	5

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

3.5 %

Net profit / revenue

Return on equity (ROE)

11.3 %

Net profit / equity

Return on assets (ROA)

2.7 %

Net profit / assets

Equity ratio

24.4 %

Equity / assets

Debt ratio

75.6 %

Liabilities / assets

Current ratio

0.47

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	26 Jun 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	3 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	26 May 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	26 Jun 2022	Company’s own	e-Äriregister
2020	20 Jul 2020 – 31 Dec 2020	7 Jun 2021	Company’s own	e-Äriregister

Board

Marika Zarudnjaja
Board member · since 20 Jul 2020

Right of representation

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

Owners

Marika Zarudnjaja
Natural person · 2 500 €

100%

Beneficial owners

Marika Zarudnjaja
Member of a senior management body (management or supervisory board) · since 20 Jul 2020

Founders and other persons

Marika Zarudnjaja
Founder · 2 500 € · 19 Jul 2020

Activities (EMTAK)

90311Operation of arts facilities and sites Main

Rulings 3

All rulings (PDF)

Rulings
Number, date	Title	State	Document
Ä 50150615 / 3 1 Sep 2023	Amendment entry	In force 1 Sep 2023	PDF
Ä 50150615 / 2 17 Mar 2021	Amendment entry	In force 17 Mar 2021	PDF
Ä 50150615 20 Jul 2020	First entry	In force 20 Jul 2020	PDF

Sources: e-Äriregister and EMTA. Data updated 29 Oct 2026. Open at the source ↗ · Report an error in the data