Equitex Advertising OÜ
Equitex Advertising OÜ is a OÜ based in Tallinn, registry code 16832010, status: active. Main activity: Activities of advertising agencies. According to EMTA, turnover for Q3 2026 was €4 910 559 with 1 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 4.9 mn €above 98% of companiesindustry median 15 274 € · companies in the industry: 2 027
- Labour taxes per employee 1 663 €above 55% of companiesindustry median 1 523 € · companies in the industry: 1 026
- Revenue · 2025 12.8 mn €above 98% of companiesindustry median 14 652 € · companies in the industry: 3 983
- Net profit margin · 2025 -4.2 %above 24% of companiesindustry median 8.6 % · companies in the industry: 3 053
Taxes and turnover
- 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.
- 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.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 4 910 559 | 1 538 | 1 663 | 1 |
| Q2 2026 | 9 269 833 | 1 506 | 1 628 | 1 |
| Q1 2026 | 7 111 558 | 1 441 | 1 558 | 1 |
| Q4 2025 | 6 895 220 | 1 485 | 1 558 | 1 |
| Q3 2025 | 9 118 502 | 1 441 | 1 558 | 1 |
| Q2 2025 | 5 310 301 | 1 441 | 1 558 | 1 |
| Q1 2025 | 4 696 715 | 1 389 | 1 503 | 1 |
| Q4 2024 | 3 207 609 | 1 304 | 1 414 | 1 |
| Q3 2024 | 2 172 438 | 1 296 | 1 355 | 1 |
| Q2 2024 | 1 799 475 | 1 296 | 1 355 | 1 |
| Q1 2024 | 152 721 | 864 | 903 | 1 |
| Q4 2023 | — | — | — | — |
Q3 2026 · calculated from EMTA data
Financials by year
- 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.
- 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.
- 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.
- 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.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 12 818 139 | -534 486 | 16 451 | 424 550 | -262 395 | 1 |
| 2024 | 5 025 582 | 272 058 | 13 211 | 934 756 | 272 091 | 1 |
| 2023 | 0 | -467 | 0 | 513 | 33 | 0 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 24 Aug 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 3 Oct 2023 – 31 Dec 2023 | 27 Jun 2025 | Company’s own | e-Äriregister |
Board
- Mykhailo CheporBoard member · since 23 Nov 2023
- Denys KrymovBoard member · since 4 Jun 2025
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Narek MkhitaryanNatural person · 500 €
Beneficial owners
- Narek MkhitaryanDirect ownership · ARM · since 6 Oct 2023
Founders and other persons
- Narek MkhitaryanFounder · 500 € · 25 Sep 2023
Activities (EMTAK)
- 73111Activities of advertising agencies Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50238156 / 6 26 Sep 2025 |
Amendment entry | In force 26 Sep 2025 |
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| Ä 50238156 / 5 4 Jun 2025 |
Amendment entry | In force 4 Jun 2025 |
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| Ä 50238156 / 4 25 Jul 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 25 Jul 2024 |
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| Ä 50238156 / M2 24 Jul 2024 |
Procedural ruling | 7 Aug 2024 | Deficiencies eliminated 25 Jul 2024 |
|
| Ä 50238156 / 3 23 Nov 2023 |
Amendment entry | In force 23 Nov 2023 |
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| Ä 50238156 / 2 17 Oct 2023 |
Amendment entry | In force 17 Oct 2023 |
||
| Ä 50238156 3 Oct 2023 |
First entry | In force 3 Oct 2023 |
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| Ä 50238156 / M1 27 Sep 2023 |
Ruling to eliminate deficiencies | 17 Oct 2023 | Deficiencies eliminated 3 Oct 2023 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data