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FINEST AS

Legal form:

Public limited company

Registry code:

10714404

VAT no.:

EE100661873

Fiscal-year period:

01.01 - 31.12

Established:

11.12.2000 (25)

Former business names:

AS Finestmedia, AS Finestmedia., FINESTMEDIA OÜ, Osaühing MOBILEMEDIA, OÜ MACRO KAUBANDUS

Capital:

300 000 EUR

Address:

Tartu mnt 80d, Kesklinna linnaosa, Tallinn, Harju maakond, 10112

Status:

Registered

Contacts

Email:

support@finest.eu

Phone:

+372 6558043

Website:

https://finest.eu/

Industries

ELECTRONIC COMMUNICATIONS SERVICES, PROGRAMMING, CONSULTANCY, DATA-INFRASTRUCTURE AND OTHER INFORMATION ACTIVITIES
Computer programming, consultancy and related activities
62101 - Programming

VAT liability

	Start	End
EE100661873	01.01.2001

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	15.04.2026	Valid
2024	01.01.2024 - 31.12.2024	25.06.2025	Valid
2023	01.01.2023 - 31.12.2023	27.03.2024	Valid
2022	01.01.2022 - 31.12.2022	30.06.2023	Valid
2021	01.01.2021 - 31.12.2021	30.06.2022	Valid
2020	01.01.2020 - 31.12.2020	02.06.2021	Valid
2019	01.01.2019 - 31.12.2019	29.06.2020	Valid
2018	01.01.2018 - 31.12.2018	21.05.2019	Valid
2017	01.01.2017 - 31.12.2017	16.04.2018	Valid
2016	01.01.2016 - 31.12.2016	04.04.2017	Valid
2015	01.01.2015 - 31.12.2015	30.06.2016	Valid
2014	01.01.2014 - 31.12.2014	27.06.2015	Valid
2013	01.01.2013 - 31.12.2013	26.06.2014	Valid
2012	01.01.2012 - 31.12.2012	28.06.2013	Valid
2011	01.01.2011 - 31.12.2011	27.04.2012	Valid
2010	01.01.2010 - 31.12.2010	30.06.2011	Valid
2009	01.01.2009 - 31.12.2009	30.06.2010	Valid
2008	01.01.2008 - 31.12.2008	02.07.2009	Valid
2007	01.01.2007 - 31.12.2007	30.06.2008	Valid
2006	01.01.2006 - 31.12.2006	19.07.2007	Valid
2005	01.01.2005 - 31.12.2005	28.09.2006	Valid
2004	01.01.2004 - 31.12.2004	27.09.2005	Valid
2003	01.01.2003 - 31.12.2003	24.12.2004	Valid
2002	01.01.2002 - 31.12.2002	08.01.2004	Valid
2001	22.11.2000 - 31.12.2001	01.10.2002	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 03.06.2026.

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Credit rating

Hidden

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020406080100

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	933 766 €	645 850 €	2 068 412 €21.8%	100
Kokku 2026:	933 766 €	645 850 €	2 068 412 €
2025 Q4	1 083 232 €	635 400 €	2 645 190 €52.5%	98
2025 Q3	805 463 €	558 393 €	1 734 088 €11.9%	95
2025 Q2	825 875 €	541 766 €	1 968 254 €2.9%	86
2025 Q1	787 367 €	517 393 €	2 026 968 €7.0%	85
Kokku 2025:	3 501 937 €	2 252 952 €	8 374 500 €22.6%
2024 Q4	653 676 €	414 690 €	1 893 835 €30.5%	80
2024 Q3	567 592 €	397 258 €	1 450 885 €12.1%	75
2024 Q2	611 432 €	401 221 €	1 650 926 €9.9%	70
2024 Q1	635 715 €	398 799 €	1 832 361 €23.3%	68
Kokku 2024:	2 468 415 €	1 611 968 €	6 828 007 €12.3%
2023 Q4	537 702 €	355 622 €	1 486 443 €0.8%	70
2023 Q3	548 887 €	363 845 €	1 499 152 €0.5%	64
2023 Q2	533 378 €	346 937 €	1 506 920 €5.1%	65
2023 Q1	535 319 €	336 633 €	1 588 029 €20.8%	66
Kokku 2023:	2 155 286 €	1 403 037 €	6 080 543 €16.6%
2022 Q4	620 786 €	325 983 €	2 006 226 €59.1%	64
2022 Q3	484 871 €	323 559 €	1 261 238 €60.8%	66
2022 Q2	369 890 €	297 771 €	784 568 €32.6%	63
2022 Q1	421 846 €	291 143 €	1 164 394 €16.7%	65
Kokku 2022:	1 897 393 €	1 238 455 €	5 216 426 €45.3%
2021 Q4	414 804 €	297 540 €	997 355 €51.0%	64
2021 Q3	365 021 €	306 581 €	660 328 €27.2%	65
2021 Q2	416 314 €	323 144 €	907 133 €11.4%	72
2021 Q1	426 822 €	320 623 €	1 024 113 €29.3%	74
Kokku 2021:	1 622 962 €	1 247 888 €	3 588 928 €29.0%
2020 Q4	527 580 €	320 684 €	1 448 181 €72.9%	75
2020 Q3	415 034 €	357 218 €	837 579 €41.6%	76
2020 Q2	563 054 €	363 585 €	1 433 971 €7.2%	79
2020 Q1	529 547 €	366 562 €	1 337 521 €11.3%	83
Kokku 2020:	2 035 215 €	1 408 049 €	5 057 253 €10.0%
2019 Q4	564 387 €	365 384 €	1 507 883 €41.0%	83
2019 Q3	453 793 €	338 690 €	1 069 595 €34.6%	90
2019 Q2	531 206 €	328 704 €	1 635 743 €16.2%	82
2019 Q1	490 836 €	312 018 €	1 408 299 €5.8%	76
Kokku 2019:	2 040 222 €	1 344 796 €	5 621 520 €24.8%
2018 Q4	445 887 €	284 370 €	1 331 061 €39.6%	74
2018 Q3	384 585 €	263 140 €	953 479 €11.0%	70
2018 Q2	410 477 €	262 427 €	1 071 007 €6.8%	68
2018 Q1	400 333 €	238 598 €	1 148 664 €30.9%	61
Kokku 2018:	1 641 282 €	1 048 535 €	4 504 211 €40.8%
2017 Q4	326 889 €	214 484 €	877 501 €24.0%	59
2017 Q3	284 354 €	212 115 €	707 582 €12.4%	57
2017 Q2	298 674 €	200 929 €	807 685 €0.0%	60
2017 Q1	307 650 €	202 095 €	807 303 €16.2%	55
Kokku 2017:	1 217 567 €	829 623 €	3 200 071 €14.9%
2016 Q4	260 240 €	169 576 €	694 634 €6.1%	47
2016 Q3	245 770 €	180 519 €	739 460 €5.1%	47
2016 Q2	274 705 €	171 758 €	703 575 €8.6%	47
2016 Q1	188 882 €	158 116 €	647 694 €6.2%	47
Kokku 2016:	969 597 €	679 969 €	2 785 363 €25.1%
2015 Q4	187 297 €	140 131 €	609 600 €12.6%	44
2015 Q3	146 321 €	124 453 €	541 394 €5.6%	44
2015 Q2	163 311 €	117 885 €	512 824 €8.8%	44
2015 Q1	163 181 €	129 238 €	562 212 €	44
Kokku 2015:	660 110 €	511 707 €	2 226 030 €

Revenue by industry

	2023	2024	2025
Programming	5 780 984 €	6 771 549 €	8 289 316 €

Tax debts

No tax debt found

No tax debt as of 03.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Jan Urva	37811XXXXXX	26.11.1978 (47)	Board member	22.10.2018	-
Søren Hejnfelt	38604XXXXXX	03.04.1986 (40)	Board member	22.10.2018	-

5 inactive record hidden, extended access to the information portal is required to view history!

1 - 2 / 2 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
FINOR GROUP OÜ	-	04.01.2018 (8)	Shareholder	295 000,00 EUR	98,33	Sole ownership	29.12.2025	-

21 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Kpmg Baltics Oü	-	-	Audit firm	10.09.2024	-
Priit Penjam	38305XXXXXX	21.05.1983 (43)	Chairman of the supervisory board	02.05.2023	-
Aap Hirvesoo	37307XXXXXX	06.07.1973 (52)	Supervisory-board member	02.05.2023	-
Martin Sutrop	38303XXXXXX	18.03.1983 (43)	Supervisory-board member	02.05.2023	-
Meelis Pirn	36602XXXXXX	09.02.1966 (60)	Supervisory-board member	02.05.2023	-

5 inactive record hidden, extended access to the information portal is required to view history!

1 - 5 / 6 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Aap Hirvesoo	37307XXXXXX	06.07.1973 (52)	Indirect holding	04.09.2018	-
Priit Penjam	38305XXXXXX	21.05.1983 (43)	Indirect holding	04.09.2018	-

1 - 2 / 2 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
Finestmedia Infra OÜ	04.04.2003	Shareholder	12 000,00 EUR	100	Sole ownership	17.09.2024	-

12 inactive record hidden, extended access to the information portal is required to view history!

1 - 1 / 1 rows

2026 Q1

Turnover

Amount

2 068 412 €

Monthly average

689 471 €

Per employee

6 895 €

Equity ratio

229,82%

Labour taxes

Turnover ratio

31,22%

Tax ratio

69,17%

Monthly average

215 283 €

Per employee

2 175 €

State taxes

Monthly average

311 255 €

Turnover ratio

45,14%

Estimated salary

Gross salary

3 903 €

Net salary

3 048 €

Aggregate data

	2025	2024	2023	2022	2021	2020	2019
Current assets	2 323 531 €21.4%	1 913 252 €35.0%	1 417 332 €19.7%	1 766 018 €4.6%	1 850 282 €22.0%	1 516 304 €20.2%	1 899 556 €
Non-current assets	1 433 192 €13.3%	1 653 096 €4.8%	1 737 296 €0.1%	1 739 504 €22.2%	2 235 882 €19.7%	1 868 087 €16.5%	1 603 241 €
Total assets	3 756 723 €5.3%	3 566 348 €13.1%	3 154 628 €10.0%	3 505 522 €14.2%	4 086 164 €20.7%	3 384 391 €3.4%	3 502 797 €
Short-term liabilities	2 635 950 €10.4%	2 386 844 €28.7%	1 854 378 €28.2%	2 582 494 €15.8%	2 230 340 €42.4%	1 566 732 €33.1%	2 341 872 €
Long-term liabilities	-	-	62 500 €79.4%	303 180 €44.3%	543 860 €1.7%	534 540 €	-
Total liabilities	2 635 950 €10.4%	2 386 844 €24.5%	1 916 878 €33.6%	2 885 674 €4.0%	2 774 200 €32.0%	2 101 272 €10.3%	2 341 872 €
Share or stock capital	300 000 €	300 000 €	300 000 €220.2%	93 680 €	93 680 €	93 680 €	93 680 €
Retained earnings	779 505 €10.2%	867 750 €5.5%	918 176 €24.6%	1 218 284 €2.4%	1 189 439 €11.4%	1 067 245 €28.2%	832 663 €
Net profit	41 268 €251.1%	11 754 €40.0%	19 574 €102.8%	-692 116 €2 499.4%	28 845 €76.4%	122 194 €47.9%	234 582 €
Equity	1 120 773 €5.0%	1 179 504 €4.7%	1 237 750 €99.7%	619 848 €52.8%	1 311 964 €2.2%	1 283 119 €10.5%	1 160 925 €
Turnover	8 289 316 €22.4%	6 771 549 €17.1%	5 780 984 €27.3%	4 540 916 €11.2%	4 084 941 €18.9%	5 034 635 €9.6%	5 568 620 €
Profit margin	0.50%186.8%	0.17%48.7%	0.34%102.2%	-15.24%2 258.5%	0.71%70.9%	2.43%42.4%	4.21%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	UMQ ARY	DSW BZE	BER UFL	373 873	390 338
Liquidity
Current ratio	H.R	Z.D	H.E	0.8	1.0
Quick ratio	F.A	F.L	I.B	0.8	1.0
Cash ratio	Z.K	N.N	Q.I	0.0	0.0
Efficiency
Days sales outstanding (dso)	LZ.O	IZ.D	KRM.N	120.6	97.1
Asset turnover	H.M	A.X	B.P	1.1	1.5
Structure
Debt ratio	N.B	R.T	W.R	0.7	0.6
Profitability
Operating margin	-S.Z%	Y.C%	-EU.W%	1.2%	3.1%
Net profit margin	S.X%	W.O%	-PE.N%	0.7%	2.4%
Return on assets (roa)	P.T%	I.H%	-FQ.O%	0.8%	3.5%
Return on equity (roe)	L.F%	M.J%	-VKL.E%	2.2%	9.5%

To view all financial ratios, you need to subscribe to extended access to the info portal!

Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Status
Ä 10053270 / 35	03.03.2025	Entry - Amendment entry	Entered into force (03.03.2025)
Ä 10053270 / 33	17.09.2024	Entry - Amendment entry	Entered into force (17.09.2024)
Ä 10053270 / 34	17.09.2024	Entry - Amendment entry	Entered into force (17.09.2024)
Ä 10053270 / 32	06.10.2023	Entry - Amendment entry	Entered into force (06.10.2023)
Ä 10053270 / 31	20.09.2023	Entry - Amendment entry under NSPA § 595¹ (1)	Entered into force (20.09.2023)

1 - 5 / 41 rows

Real estate

No real estate found

Company has no real estate

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Company has not been issued consumer dispute committee decisions

Court decisions

Case number	Procedure type	Judgment type	Category	Judges	ECLI	Date
2-24-10417/11	Civil case	Court ruling (Compromise ruling)	Labour law	Aleksandr Kondrašov	ECLI:EE:HMK:2024:2.24.10417.20767	13.12.2024
2-21-15473/19	Civil case	Court ruling		Indrek Soots, Ulvi Loonurm, Krista Kirspuu	ECLI:EE:TLRK:2022:2.21.15473.2237	15.02.2022
2-19-12143/50	Civil case	Court judgment	Law of obligations	Anu Uritam	ECLI:EE:HMK:2021:2.19.12143.28775	11.02.2021
2-13-56825/65	Civil case	Court judgment	Law of obligations	Liis Arrak, Indrek Parrest, Ele Liiv	ECLI:EE:TLRK:2018:2.13.56825.26302	05.11.2018
3-15-2234/21	Administrative case	Court judgment	Public procurement	Villem Lapimaa, Virgo Saarmets, Kaire Pikamäe	ECLI:EE:TLRK:2015:3.15.2234.29745	10.12.2015

1 - 5 / 5 rows

Official announcements

Subject	Date
Notice of conclusion of a public limited company merger agreement	26.04.2018

1 - 1 / 1 rows

Public transactions

Date	Party	Amount	Classification
30.04.2026	Siseministeeriumi infotehnoloogia- ja arenduskeskus	21 227.56 € Received	NON-CURRENT ASSETS Other public order and safety, incl. administration
30.04.2026	Riigi Infosüsteemi Amet	6 802.00 € Received	NON-CURRENT ASSETS Communications
30.04.2026	Riigi Infosüsteemi Amet	6 510.00 € Received	NON-CURRENT ASSETS Communications
29.04.2026	Politsei- ja Piirivalveamet	25 033.12 € Received	NON-CURRENT ASSETS Police
29.04.2026	Politsei- ja Piirivalveamet	9 332.74 € Received	NON-CURRENT ASSETS Police

1 - 5 / 1173 rows

.ee domains

Domain	Status	Registered	Expires	End
finor.ee	Active	19.04.2023	20.04.2027	-
finestcommerce.ee	Active	30.01.2020	31.01.2027	-
finestmedia.ee	Active	04.07.2010	16.12.2026	-

1 - 3 / 3 rows

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders

No payment orders found

Company has no court-ordered payment orders