MTÜ Palamuusika is a MTÜ based in Palamuse alevik, registry code 80373086, status: active. Main activity: Music and art education. Its annual report for 2025 shows revenue of €0 and 2 employees.
Turnover
—
State taxes
1 312 €
↑ 200.2%vs Q2 2026
Labour taxes
1 369 €
↑ 200.2%vs Q2 2026
Employees
3
+1vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Education · EMTAK 85
Labour taxes per employee456 €
above 19% of companies
industry median 1 198 € · companies in the industry: 2 039
Revenue · 20250 €
above 5% of companies
industry median 2 265 € · companies in the industry: 7 180
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q1 2024: 0 € · industry median 11 214 € · above 2% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 456 € · +100.1% vs Q2 2026 · industry median 1 198 € · above 19% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +50.0% vs Q2 2026State taxes, € Q3 2026: 1 312 € · +200.2% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
—
1 312
1 369
3
Q2 2026
—
437
456
2
Q1 2026
—
—
—
2
Q4 2025
—
1 016
1 061
2
Q3 2025
—
1 525
1 592
2
Q2 2025
—
1 525
1 592
2
Q1 2025
—
998
1 043
2
Q4 2024
—
—
—
2
Q3 2024
—
1 459
1 581
2
Q2 2024
—
1 108
1 202
2
Q1 2024
—
1 040
1 128
2
Q4 2023
—
68
74
2
Q3 2023
—
1 323
1 434
2
Q2 2023
—
1 459
1 581
2
Q1 2023
—
1 459
1 581
2
Q4 2022
—
1 354
1 468
2
Q3 2022
—
382
414
2
Q2 2022
—
1 145
1 241
2
Q1 2022
—
1 145
1 241
2
Labour taxes per employee per month
152 €
Q3 2026 · calculated from EMTA data
Financials by year
2016 – 2025
Revenue, € 2025: 0 € · industry median 2 265 € · above 5% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -67 € · +90.7% vs 2024 · industry median 136 € · above 32% of the industry
Company
Industry median
Industry: Education (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 4 646 € · −26.3% vs 2024Equity, € 2025: 3 817 € · −4.2% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 1 · above 70% of the industry
Company
Industry median
Industry: Education (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
-67
9 948
4 646
3 817
2
2024
0
-719
9 065
6 308
3 984
2
2023
0
-1 099
11 222
6 197
4 703
2
2022
0
507
10 838
10 216
5 802
2
2021
0
756
10 744
10 453
5 295
2
2020
0
-335
11 512
6 871
4 539
2
2019
0
1 547
9 397
8 592
4 874
2
2018
—
—
—
—
—
1
2017
—
—
—
—
—
1
2016
—
—
—
—
—
0
2015
—
—
—
—
—
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
Net profit margin
-0.3 %
Net profit / revenue
Return on equity (ROE)
-1.8 %
Net profit / equity
Return on assets (ROA)
-1.4 %
Net profit / assets
Equity ratio
82.2 %
Equity / assets
Debt ratio
17.8 %
Liabilities / assets
Current ratio
3.10
Current assets / current liabilities
Revenue per employee
11 852 €
Revenue / average full-time employees
Labour cost per employee per month
415 €
Labour costs / employees / 12 months (incl. employer taxes)
