Music Island OÜ

Legal form:: Private limited company
Registry code:: 10922120
VAT no.:: EE101084637
Fiscal-year period:: 01.01 - 31.12
Established:: 24.01.2003 (23 y)
Capital:: 2 556 EUR
Address:: Tööstuse tn 9/1-2/1, Põhja-Tallinna linnaosa, Tallinn, Harju maakond, 10413
Status:: Registered
E-invoice reception:: e-arveldaja

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Contacts

Phone:: +372 55696236
Email:: info@tiitkikas.com

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Industries

ARTS, SPORTS AND RECREATION
Artistic creation and performing arts
Performing arts
90202 – Stage activities of musicians

VAT liability

VAT no.	Start	End
EE101084637	04.10.2006	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Not submitted
2024	01.01.2024 – 31.12.2024	30.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	30.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	17.08.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	27.09.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	27.09.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.06.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	20.02.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	02.02.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	29.12.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	01.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	20.07.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	13.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	19.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	20.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	18.05.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	21.05.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	19.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	20.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	26.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	27.06.2006	Valid	PDF
2004	01.01.2004 – 31.12.2004	23.06.2005	Valid	PDF
2003	01.01.2003 – 31.12.2003	29.06.2004	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 10.10.2026.

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Tax debt Reports1 Declarations Court decisions–Official announcements1 TTJA decisions–Real estate–.ee domains–Licenses–Regulations11 Public transactions41 Grants–State aid11 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	1 085 €	0 €	6 704 €−33,4%	-
2026 Q2	1 813 €	0 €	10 063 €−11,7%	-
2026 Q1	1 219 €	0 €	11 394 €−40,4%	-
Total 2026:	4 117 €	0 €	28 161 €
2025 Q4	1 755 €	0 €	19 118 €+163%	-
2025 Q3	629 €	0 €	7 276 €−51,1%	-
2025 Q2	1 478 €	0 €	14 877 €−59,9%	-
2025 Q1	5 184 €	0 €	37 132 €+78,5%	-
Total 2025:	9 046 €	0 €	78 403 €
2024 Q4	1 258 €	0 €	20 798 €+57,8%	-
2024 Q3	727 €	0 €	13 177 €−9,7%	-
2024 Q2	1 772 €	0 €	14 599 €−40,2%	-
2024 Q1	2 760 €	0 €	24 401 €+31,4%	-
Total 2024:	6 517 €	0 €	72 975 €
2023 Q4	1 736 €	0 €	18 572 €+753%	-
2023 Q3	0 €	0 €	2 178 €−82,8%	-
2023 Q2	1 305 €	0 €	12 692 €−65,8%	-
2023 Q1	3 960 €	0 €	37 089 €+170%	-
Total 2023:	7 001 €	0 €	70 531 €
2022 Q4	764 €	0 €	13 735 €−5,5%	-
2022 Q3	454 €	0 €	14 534 €+13,7%	-
2022 Q2	1 043 €	0 €	12 782 €−39,6%	-
2022 Q1	2 311 €	0 €	21 149 €+82,1%	-
Total 2022:	4 572 €	0 €	62 200 €
2021 Q4	1 380,62 €	0 €	11 614,88 €−45,5%	-
2021 Q3	1 770,36 €	0 €	21 326,61 €+462%	-
2021 Q2	0 €	0 €	3 793,70 €−70,9%	-
2021 Q1	391,86 €	0 €	13 055,21 €+28,2%	-
Total 2021:	3 542,84 €	0 €	49 790,40 €
2020 Q4	872,88 €	0 €	10 180,04 €+70,8%	-
2020 Q3	0 €	0 €	5 960,29 €−7,8%	-
2020 Q2	813,52 €	425,99 €	6 466,69 €−84,4%	-
2020 Q1	6 877 €	1 110 €	41 496 €+251%	1
Total 2020:	8 563,40 €	1 535,99 €	64 103,02 €
2019 Q4	1 474 €	1 029 €	11 813 €−26,1%	1
2019 Q3	2 602 €	1 372 €	15 995 €+24,0%	1
2019 Q2	1 387 €	686 €	12 900 €−42,0%	1
2019 Q1	3 330 €	1 014 €	22 248 €+18,6%	1
Total 2019:	8 793 €	4 101 €	62 956 €
2018 Q4	2 289 €	983 €	18 765 €+7,0%	1
2018 Q3	2 644 €	983 €	17 534 €+29,4%	1
2018 Q2	1 841 €	983 €	13 552 €−25,8%	1
2018 Q1	2 410 €	919 €	18 255 €+60,4%	1
Total 2018:	9 184 €	3 868 €	68 106 €
2017 Q4	2 497 €	1 120 €	11 383 €+64,8%	1
2017 Q3	1 497 €	560 €	6 908 €+1,3%	1
2017 Q2	1 197 €	560 €	6 817 €−42,9%	1
2017 Q1	2 350 €	830 €	11 931 €+17,8%	1
Total 2017:	7 541 €	3 070 €	37 039 €
2016 Q4	2 556 €	809 €	10 131 €	1
2016 Q3	2 001 €	809 €	10 131 €−9,0%	1
2016 Q2	1 486 €	889 €	11 133 €+26,5%	1
2016 Q1	1 490 €	703 €	8 804 €−15,8%	1
Total 2016:	7 533 €	3 210 €	40 199 €
2015 Q4	3 279 €	888 €	10 455 €−36,9%	1
2015 Q3	2 748 €	1 409 €	16 581 €+48,5%	1
2015 Q2	1 644 €	949 €	11 164 €+11,8%	1
2015 Q1	3 214 €	849 €	9 989 €	1
Total 2015:	10 885 €	4 095 €	48 189 €

Revenue by industry

	2022	2023	2024
Stage activities of musicians			70 771 €
Production and presentation of concerts, musical creation and related activities	65 970 €	64 749 €

Tax debts

No tax debt found

No tax debt as of 10.10.2026

Representatives

	Personal ID code
Tiit Kikas	37510XXXXXX	16.10.1975 (50)	Board member	24.01.2003	-

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Shareholders

	Personal ID code
Tiit Kikas	37510XXXXXX	16.10.1975 (50)	Shareholder	2 556 EUR	100,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Tiit Kikas	37510XXXXXX	16.10.1975 (50)	Founder	24.01.2003	-

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Ultimate beneficial owners

	Personal ID code
Tiit Kikas	37510XXXXXX	16.10.1975 (50)	Direct holding	12.09.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 6 704 €
Monthly average: 2 235 €
Per employee: -
Equity ratio: 87,43%

Labour taxes

Turnover ratio: 0,00%
Tax ratio: 0,00%
Monthly average: 0 €
Per employee: -

State taxes

Monthly average: 362 €
Turnover ratio: 16,18%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2024	2023	2022	2021	2020	2019
Current assets	39 492 €+23,8%	31 893 €+11,6%	28 581 €+38,1%	20 703 €+268%	5 619 €−71,9%	19 999 €
Non-current assets	31 005 €+57,4%	19 699 €+2,6%	19 200 €+6,1%	18 096 €−5,2%	19 092 €−20,3%	23 959 €
Total assets	70 497 €+36,6%	51 592 €+8,0%	47 781 €+23,2%	38 799 €+57,0%	24 711 €−43,8%	43 958 €
Short-term liabilities	8 435 €+115%	3 917 €+32,1%	2 966 €−1,0%	2 996 €−81,9%	16 595 €+53,9%	10 781 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	8 435 €+115%	3 917 €+32,1%	2 966 €−1,0%	2 996 €−81,9%	16 595 €+53,9%	10 781 €
Share or stock capital	-	-	-	-	-	-
Retained earnings	44 863 €+6,8%	42 003 €+27,3%	32 991 €+522%	5 304 €−82,5%	30 365 €+94,9%	15 578 €
Net profit	14 387 €+403%	2 860 €−68,3%	9 013 €−67,4%	27 687 €+210%	-25 061 €−269%	14 787 €
Equity	62 062 €+30,2%	47 675 €+6,4%	44 815 €+25,2%	35 803 €+341%	8 116 €−75,5%	33 177 €
Turnover	70 771 €+9,3%	64 749 €−1,9%	65 970 €+36,8%	48 222 €+17,6%	40 989 €−47,0%	77 350 €
Profit margin	20,3%	4,4%	13,7%	57,4%	-61,1%	19,1%

Financial ratios

	2021	2020
Profit and cash flow
EBITDA	29 425 €	-16 701 €
Liquidity
Current ratio	6,9	0,3
Quick ratio	6,9	0,3
Cash ratio	0,0	0,2
Efficiency
Days sales outstanding (dso)	6,5	31,6
Asset turnover	1,5	1,2
Structure
Debt ratio	0,1	0,7
Profitability
Operating margin	59,0%	-59,1%
Net profit margin	57,4%	-61,1%
Return on assets (roa)	87,2%	-73,0%
Return on equity (roe)	77,3%	-308,8%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10070207 / M2	15.08.2026	Warning for deletion from register – annual report not filed	18.11.2026	Entered into force15.08.2026
Ä 10070207 / 9	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10070207 / 8	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10070207 / 7	08.11.2017	Entry – Amendment entry	-	Entered into force08.11.2017
Ä 10070207 / 6	08.09.2016	Entry – Amendment entry	-	Entered into force08.09.2016

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

No court decisions found

The company has no court decisions

Official announcements


Notice of publication of a deletion warning due to failure to submit an annual report	15.08.2026	PDF

Public transactions


14.01.2026	Rahvusooper Estonia	5 208 €Received	OPERATING EXPENSESTheatres
02.12.2025	Välisministeerium	5 450 €Received	OPERATING EXPENSESForeign policy
14.03.2025	Eesti Kirjandusmuuseum	3 050 €Received	OPERATING EXPENSESR&D in education
26.02.2025	Põlva Vallavalitsus	2 440 €Received	OPERATING EXPENSESFolk culture
31.12.2024	Rapla Vallavalitsus	3 538 €Received	OPERATING EXPENSESLeisure events

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


08.01.2026	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241653	Muu › MuuGrant	11 095,61 €	241653/2600031
29.09.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231558	Muu › MuuGrant	28 €	231558/2500947
24.08.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241653	Muu › MuuGrant	5 000 €	241653/2500061
26.05.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 231558	Muu › MuuGrant	283 €	231558/2500872
30.04.2025	Ettevõtluse ja Innovatsiooni SihtasutusAid measure 241653	Muu › MuuGrant	500 €	241653/2500044

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

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

Data comes from public registers.