Must Liiv OÜ

Active Registry code 16454890 OÜ Tallinn Registered 7 Mar 2022
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Must Liiv OÜ is a OÜ based in Tallinn, registry code 16454890, status: active. Main activity: Production and distribution of other sound recordings (except music). Its annual report for 2025 shows revenue of €5 586 and 1 employees.

Turnover
—
State taxes
637 €
↑ 0.0% vs Q2 2026
Labour taxes
786 €
↑ 0.0% vs Q2 2026
Employees
—

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

  • Revenue · 2025 5 586 €
    industry median 13 443 € · companies in the industry: 1 826
  • Net profit margin · 2025 -77.0 %
    industry median 8.1 % · companies in the industry: 1 452

Taxes and turnover

Q4 2023 – Q3 2026
Labour taxes per employee, € Q2 2026: 786 € · +0.0% vs Q1 2026 · industry median 1 296 € · above 17% of the industry
05001 0001 500Q4 2023 Company: 840 € Industry median: 1 237 €Q4·23Q1 2024 Company: 894 € Industry median: 1 162 €Q2 2024 Company: 1 002 € Industry median: 1 181 €Q2·24Q3 2024 Company: 1 002 € Industry median: 1 172 €Q4 2024 Company: 1 002 € Industry median: 1 232 €Q4·24Q1 2025 Company: 1 099 € Industry median: 1 275 €Q2 2025 Company: 1 209 € Industry median: 1 317 €Q2·25Q3 2025 Company: — Industry median: 1 297 €Q4 2025 Company: 403 € Industry median: 1 296 €Q4·25Q1 2026 Company: 786 € Industry median: 1 350 €Q2 2026 Company: 786 € Industry median: 1 296 €Q2·26Q3 2026 Company: — Industry median: 1 276 €Q3·2605001 0001 500Q4 2024 Company: 1 002 € Industry median: 1 232 €Q1 2025 Company: 1 099 € Industry median: 1 275 €Q1·25Q2 2025 Company: 1 209 € Industry median: 1 317 €Q3 2025 Company: — Industry median: 1 297 €Q3·25Q4 2025 Company: 403 € Industry median: 1 296 €Q1 2026 Company: 786 € Industry median: 1 350 €Q1·26Q2 2026 Company: 786 € Industry median: 1 296 €Q3 2026 Company: — 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 Q2 2026: 1 · +0.0% vs Q1 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: —Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: —Q3·260.00.20.40.60.81.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 1Q3 2025 Company: —Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: —Q3·26
State taxes, € Q3 2026: 637 € · +0.0% vs Q2 2026
02004006008001 000Q4 2023 Company: 745 €Q4·23Q1 2024 Company: 794 €Q2 2024 Company: 894 €Q2·24Q3 2024 Company: 894 €Q4 2024 Company: 894 €Q4·24Q1 2025 Company: 920 €Q2 2025 Company: 986 €Q2·25Q3 2025 Company: 657 €Q4 2025 Company: 329 €Q4·25Q1 2026 Company: 637 €Q2 2026 Company: 637 €Q2·26Q3 2026 Company: 637 €Q3·2602004006008001 000Q4 2024 Company: 894 €Q1 2025 Company: 920 €Q1·25Q2 2025 Company: 986 €Q3 2025 Company: 657 €Q3·25Q4 2025 Company: 329 €Q1 2026 Company: 637 €Q1·26Q2 2026 Company: 637 €Q3 2026 Company: 637 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 — 637 786 —
Q2 2026 — 637 786 1
Q1 2026 — 637 786 1
Q4 2025 — 329 403 1
Q3 2025 — 657 806 —
Q2 2025 — 986 1 209 1
Q1 2025 — 920 1 099 1
Q4 2024 — 894 1 002 1
Q3 2024 — 894 1 002 1
Q2 2024 — 894 1 002 1
Q1 2024 — 794 894 1
Q4 2023 — 745 840 1
Q3 2023 — 745 840 1
Q2 2023 — 745 840 1
Q1 2023 — 732 821 1
Q4 2022 — 726 812 1
Q3 2022 — 726 812 1
Q2 2022 — 484 541 1
Q1 2022 — — — 1

Financials by year

2022 – 2025
Revenue, € 2025: 5 586 € · −27.7% vs 2024 · industry median 13 443 € · above 37% of the industry
010 00020 00030 0002022 Company: 28 166 € Industry median: 13 988 €20222023 Company: 26 712 € Industry median: 14 615 €20232024 Company: 7 726 € Industry median: 14 683 €20242025 Company: 5 586 € Industry median: 13 443 €2025010 00020 00030 0002022 Company: 28 166 € Industry median: 13 988 €2023 Company: 26 712 € Industry median: 14 615 €20232024 Company: 7 726 € Industry median: 14 683 €2025 Company: 5 586 € 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: -4 304 € · +29.1% vs 2024 · industry median 206 € · above 14% of the industry
-10 000-5 00005 00010 00015 0002022 Company: 12 147 € Industry median: 637 €20222023 Company: 11 539 € Industry median: 849 €20232024 Company: -6 070 € Industry median: 660 €20242025 Company: -4 304 € Industry median: 206 €2025-10 000-5 00005 00010 00015 0002022 Company: 12 147 € Industry median: 637 €2023 Company: 11 539 € Industry median: 849 €20232024 Company: -6 070 € Industry median: 660 €2025 Company: -4 304 € 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: -77.0 % · +1.5 pp vs the year before · industry median 8.1 % · above 6% of the industry
-100-75-50-25025502022 Company: 43.1 % Industry median: 11.4 %20222023 Company: 43.2 % Industry median: 13.0 %20232024 Company: -78.6 % Industry median: 10.1 %20242025 Company: -77.0 % Industry median: 8.1 %2025-100-75-50-25025502022 Company: 43.1 % Industry median: 11.4 %2023 Company: 43.2 % Industry median: 13.0 %20232024 Company: -78.6 % Industry median: 10.1 %2025 Company: -77.0 % 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: 14 497 € · −24.4% vs 2024
010 00020 00030 0002022 Company: 13 582 €20222023 Company: 25 165 €20232024 Company: 19 175 €20242025 Company: 14 497 €2025010 00020 00030 0002022 Company: 13 582 €2023 Company: 25 165 €20232024 Company: 19 175 €2025 Company: 14 497 €2025
Equity, € 2025: 13 312 € · −24.4% vs 2024
05 00010 00015 00020 00025 0002022 Company: 12 147 €20222023 Company: 23 686 €20232024 Company: 17 616 €20242025 Company: 13 312 €202505 00010 00015 00020 00025 0002022 Company: 12 147 €2023 Company: 23 686 €20232024 Company: 17 616 €2025 Company: 13 312 €2025
Employees 2025: 1 · +0.0% vs 2024 · industry median 1 · above 5% of the industry
0.00.20.40.60.81.02022 Company: 1 Industry median: 120222023 Company: 1 Industry median: 120232024 Company: 1 Industry median: 120242025 Company: 1 Industry median: 120250.00.20.40.60.81.02022 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 5 586 -4 304 9 484 14 497 13 312 1
2024 7 726 -6 070 13 166 19 175 17 616 1
2023 26 712 11 539 11 640 25 165 23 686 1
2022 28 166 12 147 8 750 13 582 12 147 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
-77.0 %
Net profit / revenue
Return on equity (ROE)
-32.3 %
Net profit / equity
Return on assets (ROA)
-29.7 %
Net profit / assets
Equity ratio
91.8 %
Equity / assets
Debt ratio
8.2 %
Liabilities / assets
Current ratio
12.23
Current assets / current liabilities
Revenue per employee
5 586 €
Revenue / average full-time employees
Labour cost per employee per month
790 €
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 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 4 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 17 Jun 2024 Company’s own e-Äriregister
2022 7 Mar 2022 – 31 Dec 2022 24 Jun 2023 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)

  • 59209Production and distribution of other sound recordings (except music) Main
Rulings
Number, date Title Deadline State Document
Ä 50197922 / 3
7 May 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
7 May 2024
PDF
Ä 50197922 / 2
1 Sep 2023
Amendment entry In force
1 Sep 2023
PDF
Ä 50197922
7 Mar 2022
First entry In force
7 Mar 2022
PDF

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