Truenorse OÜ

Active Registry code 16224115 OÜ Tallinn Registered 6 May 2021
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Truenorse OÜ is a OÜ based in Tallinn, registry code 16224115, status: active. Main activity: Motion picture and video production. Its annual report for 2025 shows revenue of €10 570 and 1 employees.

Turnover
—
State taxes
877 €
↑ 0.0% vs Q2 2026
Labour taxes
898 €
↓ 4.1% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Motion picture, video and television programme production, sound recording and music publishing activities · EMTAK 59

  • Labour taxes per employee 898 €
    industry median 1 276 € · companies in the industry: 589
  • Revenue · 2025 10 570 €
    industry median 13 443 € · companies in the industry: 1 826
  • Net profit margin · 2025 -20.3 %
    industry median 8.1 % · companies in the industry: 1 452

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q3 2026: 898 € · −4.1% vs Q2 2026 · industry median 1 276 € · above 22% of the industry
01 0002 0003 0004 000Q4 2023 Company: 1 911 € Industry median: 1 237 €Q4·23Q1 2024 Company: 1 881 € Industry median: 1 162 €Q2 2024 Company: 1 982 € Industry median: 1 181 €Q2·24Q3 2024 Company: 2 940 € Industry median: 1 172 €Q4 2024 Company: 3 087 € Industry median: 1 232 €Q4·24Q1 2025 Company: 3 386 € Industry median: 1 275 €Q2 2025 Company: 2 182 € Industry median: 1 317 €Q2·25Q3 2025 Company: 987 € Industry median: 1 297 €Q4 2025 Company: 1 084 € Industry median: 1 296 €Q4·25Q1 2026 Company: 1 197 € Industry median: 1 350 €Q2 2026 Company: 936 € Industry median: 1 296 €Q2·26Q3 2026 Company: 898 € Industry median: 1 276 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 3 087 € Industry median: 1 232 €Q1 2025 Company: 3 386 € Industry median: 1 275 €Q1·25Q2 2025 Company: 2 182 € Industry median: 1 317 €Q3 2025 Company: 987 € Industry median: 1 297 €Q3·25Q4 2025 Company: 1 084 € Industry median: 1 296 €Q1 2026 Company: 1 197 € Industry median: 1 350 €Q1·26Q2 2026 Company: 936 € Industry median: 1 296 €Q3 2026 Company: 898 € Industry median: 1 276 €Q3·26
  • Company
  • Industry median

Industry: Motion picture, video and television programme production, sound recording and music publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.20.40.60.81.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 1Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 1Q2·25Q3 2025 Company: 1Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: 1Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 877 € · +0.0% vs Q2 2026
01 0002 0003 0004 000Q4 2023 Company: 1 948 €Q4·23Q1 2024 Company: 2 619 €Q2 2024 Company: 2 695 €Q2·24Q3 2024 Company: 2 962 €Q4 2024 Company: 2 847 €Q4·24Q1 2025 Company: 3 128 €Q2 2025 Company: 2 019 €Q2·25Q3 2025 Company: 942 €Q4 2025 Company: 1 001 €Q4·25Q1 2026 Company: 1 077 €Q2 2026 Company: 877 €Q2·26Q3 2026 Company: 877 €Q3·2601 0002 0003 0004 000Q4 2024 Company: 2 847 €Q1 2025 Company: 3 128 €Q1·25Q2 2025 Company: 2 019 €Q3 2025 Company: 942 €Q3·25Q4 2025 Company: 1 001 €Q1 2026 Company: 1 077 €Q1·26Q2 2026 Company: 877 €Q3 2026 Company: 877 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 877 898 1
Q2 2026 — 877 936 1
Q1 2026 — 1 077 1 197 1
Q4 2025 — 1 001 1 084 1
Q3 2025 — 942 987 1
Q2 2025 — 2 019 2 182 1
Q1 2025 — 3 128 3 386 1
Q4 2024 — 2 847 3 087 1
Q3 2024 — 2 962 2 940 1
Q2 2024 — 2 695 1 982 1
Q1 2024 — 2 619 1 881 1
Q4 2023 — 1 948 1 911 1
Q3 2023 — 1 802 1 764 1
Q2 2023 — 2 527 1 406 1
Q1 2023 — 2 871 1 440 1
Q4 2022 — 1 898 2 058 1
Q3 2022 — 2 034 2 205 1
Q2 2022 — 3 883 1 875 1
Q1 2022 — 1 893 2 073 1
Labour taxes per employee per month
299 €

Q3 2026 · calculated from EMTA data

Financials by year

2021 – 2025
Revenue, € 2025: 10 570 € · −6.2% vs 2024 · industry median 13 443 € · above 46% of the industry
010 00020 00030 0002021 Company: 19 600 € Industry median: 13 868 €20212022 Company: 25 942 € Industry median: 13 988 €20222023 Company: 18 456 € Industry median: 14 615 €20232024 Company: 11 274 € Industry median: 14 683 €20242025 Company: 10 570 € Industry median: 13 443 €2025010 00020 00030 0002021 Company: 19 600 € Industry median: 13 868 €20212022 Company: 25 942 € Industry median: 13 988 €2023 Company: 18 456 € Industry median: 14 615 €20232024 Company: 11 274 € Industry median: 14 683 €2025 Company: 10 570 € Industry median: 13 443 €2025
  • Company
  • Industry median

Industry: Motion picture, video and television programme production, sound recording and music publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -2 149 € · −450.0% vs 2024 · industry median 206 € · above 20% of the industry
-5 00005 00010 00015 0002021 Company: 8 733 € Industry median: 1 425 €20212022 Company: 13 408 € Industry median: 637 €20222023 Company: 10 930 € Industry median: 849 €20232024 Company: 614 € Industry median: 660 €20242025 Company: -2 149 € Industry median: 206 €2025-5 00005 00010 00015 0002021 Company: 8 733 € Industry median: 1 425 €20212022 Company: 13 408 € Industry median: 637 €2023 Company: 10 930 € Industry median: 849 €20232024 Company: 614 € Industry median: 660 €2025 Company: -2 149 € Industry median: 206 €2025
  • Company
  • Industry median

Industry: Motion picture, video and television programme production, sound recording and music publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -20.3 % · −25.8 pp vs the year before · industry median 8.1 % · above 17% of the industry
-40-2002040602021 Company: 44.6 % Industry median: 16.8 %20212022 Company: 51.7 % Industry median: 11.4 %20222023 Company: 59.2 % Industry median: 13.0 %20232024 Company: 5.4 % Industry median: 10.1 %20242025 Company: -20.3 % Industry median: 8.1 %2025-40-2002040602021 Company: 44.6 % Industry median: 16.8 %20212022 Company: 51.7 % Industry median: 11.4 %2023 Company: 59.2 % Industry median: 13.0 %20232024 Company: 5.4 % Industry median: 10.1 %2025 Company: -20.3 % Industry median: 8.1 %2025
  • Company
  • Industry median

Industry: Motion picture, video and television programme production, sound recording and music publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 1 616 € · −60.1% vs 2024
05 00010 00015 00020 0002021 Company: 9 492 €20212022 Company: 16 529 €20222023 Company: 13 999 €20232024 Company: 4 055 €20242025 Company: 1 616 €202505 00010 00015 00020 0002021 Company: 9 492 €20212022 Company: 16 529 €2023 Company: 13 999 €20232024 Company: 4 055 €2025 Company: 1 616 €2025
Equity, € 2025: 1 171 € · −64.7% vs 2024
05 00010 00015 00020 0002021 Company: 8 733 €20212022 Company: 15 941 €20222023 Company: 13 227 €20232024 Company: 3 320 €20242025 Company: 1 171 €202505 00010 00015 00020 0002021 Company: 8 733 €20212022 Company: 15 941 €2023 Company: 13 227 €20232024 Company: 3 320 €2025 Company: 1 171 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02021 Company: 1 Industry median: 120212022 Company: 1 Industry median: 12023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 12025 Company: 1 Industry median: 12025
  • Company
  • Industry median

Industry: Motion picture, video and television programme production, sound recording and music publishing 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 10 570 -2 149 17 149 1 616 1 171 1
2024 11 274 614 22 647 4 055 3 320 1
2023 18 456 10 930 16 483 13 999 13 227 1
2022 25 942 13 408 20 039 16 529 15 941 1
2021 19 600 8 733 9 593 9 492 8 733 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
-20.3 %
Net profit / revenue
Return on equity (ROE)
-183.5 %
Net profit / equity
Return on assets (ROA)
-133.0 %
Net profit / assets
Equity ratio
72.5 %
Equity / assets
Debt ratio
27.5 %
Liabilities / assets
Current ratio
3.15
Current assets / current liabilities
Revenue per employee
10 570 €
Revenue / average full-time employees
Labour cost per employee per month
1 429 €
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 3 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 24 Apr 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jan 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 23 Jan 2023 Company’s own e-Äriregister
2021 6 May 2021 – 31 Dec 2021 5 Apr 2022 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

Activities (EMTAK)

  • 59111Motion picture and video production Main
Rulings
Number, date Title Deadline State Document
Ä 50173333 / 4
3 Sep 2023
Amendment entry In force
3 Sep 2023
PDF
Ä 50173333 / 3
15 Feb 2023
Amendment under Code of Civil Procedure § 595¹ (1) In force
15 Feb 2023
PDF
Ä 50173333 / 2
6 Apr 2022
Amendment entry In force
6 Apr 2022
PDF
Ä 50173333
6 May 2021
First entry In force
6 May 2021
PDF

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