Stanford Music Osaühing

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	19.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	28.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	18.04.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	11.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	19.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	26.04.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	07.05.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	22.04.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	09.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	05.05.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	05.04.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	15.05.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	09.05.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	18.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	26.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	17.05.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	22.04.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	19.06.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	16.06.2008	Valid	PDF
2006	01.01.2006 – 31.12.2006	29.06.2007	Valid	PDF
2005	01.01.2005 – 31.12.2005	30.06.2006	Valid	PDF
2004	14.11.2003 – 31.12.2004	30.06.2005	Valid	PDF

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No unsubmitted declarations as of 23.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions1 Real estate1 .ee domains2 Licenses–Regulations20 Public transactions1101 Grants–State aid1 Public procurement24 Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	89 847 €	15 825 €	488 982 €−29,1%	6
2026 Q2	103 619 €	17 159 €	689 544 €+6,1%	7
2026 Q1	117 297 €	18 896 €	649 879 €−15,6%	8
Total 2026:	310 763 €	51 880 €	1,83 M €
2025 Q4	128 349 €	18 625 €	770 013 €+31,2%	8
2025 Q3	73 129 €	18 776 €	586 999 €−8,5%	8
2025 Q2	92 376 €	19 604 €	641 391 €−5,8%	8
2025 Q1	141 750 €	18 828 €	680 935 €−7,7%	8
Total 2025:	435 604 €	75 833 €	2,68 M €
2024 Q4	109 590 €	18 726 €	737 842 €+39,3%	8
2024 Q3	92 621 €	18 989 €	529 494 €−19,1%	8
2024 Q2	92 210 €	18 249 €	654 204 €−31,1%	8
2024 Q1	120 237 €	17 459 €	948 870 €+10,8%	8
Total 2024:	414 658 €	73 423 €	2,87 M €
2023 Q4	85 497 €	19 398 €	856 565 €+59,8%	8
2023 Q3	91 664 €	19 270 €	535 949 €−41,9%	8
2023 Q2	112 202 €	16 556 €	922 582 €+4,3%	8
2023 Q1	132 974 €	19 462 €	884 877 €−14,1%	8
Total 2023:	422 337 €	74 686 €	3,20 M €
2022 Q4	159 529 €	15 767 €	1,03 M €−28,1%	9
2022 Q3	173 542 €	16 542 €	1,43 M €+59,4%	9
2022 Q2	107 607 €	17 081 €	898 460 €−18,5%	9
2022 Q1	159 343 €	21 047 €	1,10 M €−13,3%	9
Total 2022:	600 021 €	70 437 €	4,46 M €
2021 Q4	178 594,48 €	21 128,73 €	1,27 M €+32,7%	10
2021 Q3	132 324,49 €	22 465,10 €	957 116,16 €+5,1%	10
2021 Q2	104 030 €	18 059,55 €	910 354,97 €−32,6%	11
2021 Q1	180 764,45 €	18 901,77 €	1,35 M €−0,4%	12
Total 2021:	595 713,42 €	80 555,15 €	4,49 M €
2020 Q4	193 917,61 €	16 463,87 €	1,36 M €+53,0%	12
2020 Q3	130 918,67 €	15 526,64 €	886 063,05 €+0,1%	12
2020 Q2	112 554,52 €	15 559,62 €	885 551,17 €−27,3%	11
2020 Q1	146 564 €	26 008 €	1,22 M €−34,1%	11
Total 2020:	583 954,80 €	73 558,13 €	4,35 M €
2019 Q4	197 446 €	22 298 €	1,85 M €+88,7%	12
2019 Q3	104 640 €	21 699 €	980 027 €+5,4%	13
2019 Q2	110 641 €	19 823 €	929 577 €−20,1%	13
2019 Q1	143 094 €	24 964 €	1,16 M €−2,4%	12
Total 2019:	555 821 €	88 784 €	4,92 M €
2018 Q4	147 741 €	22 415 €	1,19 M €+58,6%	12
2018 Q3	111 797 €	20 077 €	751 524 €−16,9%	11
2018 Q2	96 090 €	16 425 €	904 378 €−1,4%	10
2018 Q1	112 845 €	18 811 €	917 168 €−7,0%	10
Total 2018:	468 473 €	77 728 €	3,76 M €
2017 Q4	110 660 €	17 120 €	986 715 €+41,1%	9
2017 Q3	77 805 €	17 337 €	699 184 €+4,6%	9
2017 Q2	106 146 €	13 300 €	668 409 €−11,7%	9
2017 Q1	107 621 €	16 299 €	757 191 €+66,4%	10
Total 2017:	402 232 €	64 056 €	3,11 M €
2016 Q4	98 771 €	15 451 €	455 129 €+8,9%	10
2016 Q3	83 984 €	14 182 €	417 758 €+17,2%	10
2016 Q2	94 521 €	12 105 €	356 588 €−25,2%	10
2016 Q1	115 207 €	16 178 €	476 564 €−3,2%	10
Total 2016:	392 483 €	57 916 €	1,71 M €
2015 Q4	105 413 €	13 395 €	492 520 €+10,4%	1
2015 Q3	67 524 €	12 136 €	446 230 €+4,4%	1
2015 Q2	70 377 €	11 628 €	427 542 €−1,0%	1
2015 Q1	100 661 €	11 741 €	431 690 €	1
Total 2015:	343 975 €	48 900 €	1,80 M €

Revenue by industry

	2023	2024	2025
Retail sale of cultural and leisure goods n.e.c.			1 715 157 €
Other retail sale of goods n.e.c.		1 699 197 €
Other retail sale of goods in specialised stores n.e.c.	1 920 937 €

Tax debts

No tax debt found

No tax debt as of 23.10.2026

Representatives

	Personal ID code
Märt Hirvoja	37103XXXXXX	20.03.1971 (55)	Board member	01.06.2021	-
Mati Vaarmann	35211XXXXXX	02.11.1952 (73)	Board member	27.01.2004	-

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Shareholders

	Personal ID code
MH Consultations Osaühing	10988700	14.11.2003 (22)	Shareholder	4 738 EUR	74,50%	Sole ownership	01.09.2023	-
OÜ Vaarmann	10162376	10.01.1997 (29)	Shareholder	1 431 EUR	22,50%	Sole ownership	01.09.2023	-
Pigfarm Music OÜ	12036026	04.01.2011 (15)	Shareholder	191 EUR	3,00%	Sole ownership	01.09.2023	-

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Other persons

	Personal ID code
Roland Kaurov	37003XXXXXX	29.03.1970 (56)	Audit firm	22.04.2010	-
Osaühing A-ACCOUNTING	10285357	14.10.1997 (29)	Founder	14.11.2003	-

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Ultimate beneficial owners

	Personal ID code
Märt Hirvoja	37103XXXXXX	20.03.1971 (55)	Indirect holding	08.12.2025	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

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2026 Q3

Turnover

Amount: 488 982 €
Monthly average: 162 994 €
Per employee: 27 166 €
Equity ratio: 2 562,80%

Labour taxes

Turnover ratio: 3,24%
Tax ratio: 17,61%
Monthly average: 5 275 €
Per employee: 812 €

State taxes

Monthly average: 29 949 €
Turnover ratio: 18,37%

Estimated salary

Gross salary: 1 576 €
Net salary: 1 339 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	1 188 114 €−6,5%	1 270 305 €−12,4%	1 450 341 €+2,2%	1 419 710 €−8,7%	1 555 170 €+1,8%	1 527 466 €−6,8%	1 638 196 €
Non-current assets	325 457 €−8,0%	353 679 €−0,3%	354 807 €+6,4%	333 617 €+1,0%	330 463 €+17,3%	281 687 €−22,1%	361 439 €
Total assets	1 513 571 €−6,8%	1 623 984 €−10,0%	1 805 148 €+3,0%	1 753 327 €−7,0%	1 885 633 €+4,2%	1 809 153 €−9,5%	1 999 635 €
Short-term liabilities	203 316 €−0,7%	204 689 €+73,4%	118 024 €+27,5%	92 587 €−37,1%	147 110 €+0,9%	145 815 €−56,8%	337 634 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	203 316 €−0,7%	204 689 €+73,4%	118 024 €+27,5%	92 587 €−37,1%	147 110 €+0,9%	145 815 €−56,8%	337 634 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	1 277 299 €−6,8%	1 370 129 €−8,6%	1 498 744 €+12,6%	1 331 526 €−2,5%	1 366 342 €+3,9%	1 315 317 €+5,8%	1 243 603 €
Net profit	25 960 €−38,4%	42 170 €−76,8%	181 384 €−43,7%	322 218 €−11,8%	365 185 €+7,1%	341 025 €−17,1%	411 402 €
Equity	1 310 255 €−7,7%	1 419 295 €−15,9%	1 687 124 €+1,6%	1 660 740 €−4,5%	1 738 523 €+4,5%	1 663 338 €+0,1%	1 662 001 €
Turnover	1 715 157 €+0,9%	1 699 197 €−11,5%	1 920 937 €−27,4%	2 644 387 €+0,8%	2 622 487 €−2,9%	2 701 592 €−5,6%	2 861 720 €
Profit margin	1,5%	2,5%	9,4%	12,2%	13,9%	12,6%	14,4%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	15,3	10,6
Quick ratio	3,1	2,7
Cash ratio	2,6	2,3
Efficiency
Days sales outstanding (dso)	7,5	8,6
Asset turnover	1,5	1,4
Structure
Debt ratio	0,1	0,1
Profitability
Operating margin	15,1%	16,1%
Net profit margin	12,2%	13,9%
Return on assets (roa)	17,7%	19,8%
Return on equity (roe)	19,4%	21,0%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10075817 / 13	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 10075817 / 12	01.06.2021	Entry – Amendment entry	-	Entered into force01.06.2021
Ä 10075817 / 11	17.01.2018	Entry – Amendment entry	-	Entered into force17.01.2018
Ä 10075817 / 10	08.11.2017	Entry – Amendment entry	-	Entered into force08.11.2017
Ä 10075817 / 9	04.05.2017	Entry – Amendment entry	-	Entered into force04.05.2017

Real estate

		Purpose
Võru tn 30b, Tartu linn, Tartu linn, Tartu maakond	883 m²	Commercial land 100%

Consumer Disputes Committee decisions


19-1/22-13137-019	Mare Merimaa, Hellika Teder, Katrin Kuldkepp	In favour of the consumer	25.01.2023	PDF

Court decisions

No court decisions found

The company has no court decisions

Official announcements

No official announcements found

Company has no issued official announcements

Public transactions


24.09.2026	Tallinna Liivaku Lasteaed	405,23 €Received	OPERATING EXPENSESPre-primary education
17.09.2026	Tartu Sport	149 €Received	OPERATING EXPENSESSport
17.09.2026	Tartu Linnavalitsus	1 217,73 €Received	OPERATING EXPENSESBasic and general secondary education
16.09.2026	Ehte Humanitaargümnaasium	201,92 €Received	OPERATING EXPENSESBasic and general secondary education
14.09.2026	Tallinna Põhjatähe Põhikool	1 593,08 €Received	OPERATING EXPENSESBasic and general secondary education

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


01.04.2020	Tallinna LinnakantseleiAid measure 20912	KOMISJONI TEATIS Riigiabi ajutine raamistik majanduse toetamiseks praeguse COVID-19 puhangu kontekstis › Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"Grant	0,20 €	20912/2001801

Public procurement contracts


20.03.2026End 19.08.2026	Reference number 306469 · Hankeleping nr 1-18/29	Eesti Muusika- ja TeatriakadeemiaContracting authority	63 770 €	Completed
10.10.2023End 31.12.2023	Reference number 269943 · Leping	Rahvusooper EstoniaContracting authority	55 400 €	Completed
02.02.2023End 31.03.2023	Reference number 258639 · Hankeleping	Eesti Muusika- ja TeatriakadeemiaContracting authority	147 950 €	Completed
20.01.2022End 22.08.2022	Reference number 242906 · MÜÜGILEPING nr AET-6/2022-25	Riigi Kinnisvara AktsiaseltsContracting authority	111 500 €	Completed
20.01.2022End 22.08.2022	Reference number 242906 · MÜÜGILEPING nr AET-6/2022-24	Riigi Kinnisvara AktsiaseltsContracting authority	332 385 €	Completed

.ee domains


muusikariistad.ee	Active	04.07.2010	01.12.2030
stanfordmusic.ee	Active	04.07.2010	30.11.2028

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.