Must OÜ

Legal form:: Private limited company
Registry code:: 11573934
VAT no.:: EE101274159
Fiscal-year period:: 01.01 - 31.12
Established:: 08.01.2009 (17 y)
Capital:: 2 556 EUR
Address:: Raudtee tn 8, Virtsu alevik, Lääneranna vald, Pärnu maakond, 90101
Status:: Registered

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Contacts

Phone:: +372 5016898
Email:: must@must.ee

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Industries

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

Industry TOPNo. 191 of 392 companies

1.Rahvusooper Estonia6.8M €
2.Sihtasutus Eesti Kontsert5.1M €
3.WALKING ALIVE OÜ1.3M €
4.ARTUNION OÜ1.2M €
5.Sihtasutus Eesti Riiklik Sümfooniaorkester1.1M €
6.Prime-ART Production OÜ1M €
7.SADU OÜ822.7k €
8.IC3PEAK OÜ753.7k €
9.Osaühing Terminaator Music593.1k €
10.Moonwalk OÜ547.6k €

191.Must OÜ45.3k €

Main activity 90202 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101274159	20.01.2009	-

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	25.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	01.07.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	06.10.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	14.11.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	17.04.2022	Valid	PDF
2019	01.01.2019 – 31.12.2019	10.03.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	21.10.2020	Expired	PDF
2018	01.01.2018 – 31.12.2018	20.07.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	17.09.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	19.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	13.06.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	05.04.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	27.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	08.06.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	30.06.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	09.12.2011	Valid	PDF
2010	01.01.2010 – 31.12.2010	11.07.2011	Expired	PDF
2009	08.01.2009 – 31.12.2009	12.05.2010	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 20.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains6 Licenses–Regulations18 Public transactions6 Grants–State aid–Public procurement15 Holdings in companies1 Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	401 €	371 €	7 782 €+11,4%	-
2026 Q2	678 €	509 €	6 984 €−55,7%	-
2026 Q1	1 380 €	506 €	15 748 €+6,4%	-
Total 2026:	2 459 €	1 386 €	30 514 €
2025 Q4	1 648 €	55 €	14 797 €−45,3%	-
2025 Q3	2 040 €	0 €	27 068 €+204%	-
2025 Q2	889 €	0 €	8 903 €−77,9%	-
2025 Q1	2 260 €	0 €	40 232 €+731%	-
Total 2025:	6 837 €	55 €	91 000 €
2024 Q4	87 €	0 €	4 842 €−5,9%	-
2024 Q3	129 €	0 €	5 143 €−63,5%	-
2024 Q2	441 €	483 €	14 097 €−41,3%	-
2024 Q1	3 499 €	965 €	24 011 €−75,0%	1
Total 2024:	4 156 €	1 448 €	48 093 €
2023 Q4	0 €	840 €	95 898 €+186%	1
2023 Q3	2 276 €	840 €	33 507 €+79,4%	1
2023 Q2	2 024 €	840 €	18 679 €+119%	1
2023 Q1	997 €	795 €	8 524 €+7,3%	1
Total 2023:	5 297 €	3 315 €	156 608 €
2022 Q4	726 €	812 €	7 941 €−70,5%	1
2022 Q3	464 €	812 €	26 944 €+404%	1
2022 Q2	806 €	812 €	5 341 €+45,2%	1
2022 Q1	0 €	267 €	3 678 €−77,4%	1
Total 2022:	1 996 €	2 703 €	43 904 €
2021 Q4	0 €	694,74 €	16 242,97 €−68,1%	1
2021 Q3	3 311,13 €	537,96 €	50 988,57 €+1 730%	1
2021 Q2	362,77 €	380,61 €	2 786,60 €−74,2%	1
2021 Q1	1 093,29 €	643,15 €	10 781,70 €+26,4%	1
Total 2021:	4 767,19 €	2 256,46 €	80 799,84 €
2020 Q4	383,77 €	420,75 €	8 531,13 €−41,3%	1
2020 Q3	0 €	670,88 €	14 535,97 €+7,2%	1
2020 Q2	1 253,42 €	1 397,06 €	13 553,55 €−85,2%	2
2020 Q1	6 499 €	1 291 €	91 440 €+61,0%	2
Total 2020:	8 136,19 €	3 779,69 €	128 060,65 €
2019 Q4	781 €	824 €	56 783 €+54,0%	1
2019 Q3	2 832 €	917 €	36 863 €−27,9%	1
2019 Q2	1 333 €	1 050 €	51 151 €−49,7%	1
2019 Q1	7 669 €	898 €	101 631 €+1,4%	1
Total 2019:	12 615 €	3 689 €	246 428 €
2018 Q4	8 414 €	975 €	100 243 €+26,0%	1
2018 Q3	6 470 €	1 863 €	79 569 €+12,2%	2
2018 Q2	5 511 €	4 248 €	70 909 €−57,8%	2
2018 Q1	23 791 €	12 792 €	167 888 €+51,3%	4
Total 2018:	44 186 €	19 878 €	418 609 €
2017 Q4	7 421 €	6 105 €	110 934 €−36,7%	4
2017 Q3	16 837 €	8 591 €	175 303 €−9,2%	4
2017 Q2	16 654 €	8 748 €	193 027 €+13,5%	5
2017 Q1	22 206 €	9 407 €	170 077 €+17,3%	6
Total 2017:	63 118 €	32 851 €	649 341 €
2016 Q4	20 110 €	13 224 €	144 982 €+15,7%	5
2016 Q3	24 308 €	11 426 €	125 269 €−15,4%	5
2016 Q2	20 639 €	13 509 €	148 107 €−33,1%	5
2016 Q1	27 357 €	20 200 €	221 473 €+82,5%	5
Total 2016:	92 414 €	58 359 €	639 831 €
2015 Q4	35 329 €	20 809 €	121 365 €−1,0%	8
2015 Q3	29 414 €	21 016 €	122 572 €−0,5%	8
2015 Q2	33 441 €	21 114 €	123 144 €+45,4%	8
2015 Q1	18 949 €	14 518 €	84 677 €	8
Total 2015:	117 133 €	77 457 €	451 758 €

Revenue by industry

	2023	2024	2025
Stage activities of musicians		70 992 €	67 257 €
Production and presentation of concerts, musical creation and related activities	165 089 €

Tax debts

No tax debt found

No tax debt as of 20.10.2026

Representatives

	Personal ID code
Triin Raave	48007XXXXXX	15.07.1980 (46)	Board member	06.04.2015	-

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Shareholders

	Personal ID code
Triin Raave	48007XXXXXX	15.07.1980 (46)	Shareholder	2 556 EUR	100,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Henrik Raave	37901XXXXXX	21.01.1979 (47)	Founder	08.01.2009	-
Triin Raave	48007XXXXXX	15.07.1980 (46)	Founder	08.01.2009	-

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Ultimate beneficial owners

	Personal ID code
Triin Raave	48007XXXXXX	15.07.1980 (46)	Direct holding	30.10.2018	-

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Holdings in companies


Must Events OÜ	18.10.2017	Shareholder	2 500 EUR	100,00%	Sole ownership	01.09.2023	-

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2026 Q3

Turnover

Amount: 7 782 €
Monthly average: 2 594 €
Per employee: -
Equity ratio: 101,49%

Labour taxes

Turnover ratio: 4,77%
Tax ratio: 92,52%
Monthly average: 124 €
Per employee: -

State taxes

Monthly average: 134 €
Turnover ratio: 5,15%

Estimated salary

Gross salary: -
Net salary: -

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	31 058 €−19,7%	38 662 €+67,2%	23 130 €+948%	2 207 €−36,3%	3 464 €−79,9%	17 274 €−78,2%	79 415 €
Non-current assets	7 167 €+187%	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €	2 500 €
Total assets	38 225 €−7,1%	41 162 €+60,6%	25 630 €+445%	4 707 €−21,1%	5 964 €−69,8%	19 774 €−75,9%	81 915 €
Short-term liabilities	34 106 €−4,8%	35 840 €+134%	15 307 €+30,9%	11 698 €+234%	3 500 €−81,8%	-	19 180 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	34 106 €−4,8%	35 840 €+134%	15 307 €+30,9%	11 698 €+234%	3 500 €−81,8%	-	19 180 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	2 511 €−66,6%	7 510 €+177%	-9 803 €−2 717%	-348 €−103%	11 377 €−81,0%	59 922 €+7,6%	55 700 €
Net profit	-1 204 €+75,9%	-5 000 €−129%	17 314 €+283%	-9 455 €+19,4%	-11 725 €+72,7%	-42 960 €−1 117%	4 223 €
Equity	4 119 €−22,6%	5 322 €−48,4%	10 323 €+248%	-6 991 €−384%	2 464 €−87,5%	19 774 €−68,5%	62 735 €
Turnover	67 257 €−5,3%	70 992 €−57,0%	165 089 €+270%	44 676 €−40,1%	74 602 €−12,6%	85 327 €−60,2%	214 624 €
Profit margin	-1,8%	-7,0%	10,5%	-21,2%	-15,7%	-50,3%	2,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	0,2	1,0
Quick ratio	0,2	1,0
Cash ratio	0,0	0,9
Efficiency
Days sales outstanding (dso)	9,0	16,0
Asset turnover	8,4	5,8
Structure
Debt ratio	2,5	0,6
Profitability
Operating margin	-21,2%	-15,7%
Net profit margin	-21,2%	-15,7%
Return on assets (roa)	-177,2%	-91,1%
Return on equity (roe)	-	-475,9%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 10123911 / 13	15.10.2024	Entry – Amendment entry	-	Entered into force15.10.2024
Ä 10123911 / M5	28.09.2023	Fine-warning order – annual report not filed	28.10.2023	Deficiencies remedied07.10.2023
Ä 10123911 / 12	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 10123911 / 11	21.11.2018	Entry – Amendment entry	-	Entered into force21.11.2018
Ä 10123911 / M4	17.09.2018	Directive order	17.10.2018	Entered into force17.09.2018

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

No official announcements found

Company has no issued official announcements

Public transactions


12.02.2026	Jõgeva Vallavalitsus	537,84 €Received	OPERATING EXPENSESFolk culture
12.11.2025	Jõgeva Vallavalitsus	1 178 €Received	OPERATING EXPENSESFolk culture
28.10.2025	Lääne-Nigula Vallavalitsus	1 292,19 €Received	OPERATING EXPENSESFolk culture
12.12.2024	Registrite ja Infosüsteemide Keskus	590 €Received	OPERATING EXPENSESOther public order and safety, incl. administration
11.06.2024	Jõgeva Vallavalitsus	499,59 €Received	OPERATING EXPENSESFolk culture

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts


03.10.2017End 31.10.2017	Reference number 189174 · Tervise edendamise meediaprojekti leping nr 6-2.5/33	TervisekassaContracting authority	24 710 €	Completed
03.05.2017End 31.12.2020	Reference number 181603 · Raamleping_MUST OU	SotsiaalministeeriumContracting authority	600 000 €	Completed
27.03.2017End 14.05.2018	Reference number 170538 · Piirkiiruse ületamise vastane kampaania 2017-2018. a	TranspordiametContracting authority	69 482 €actual 67 461,85 €	Completed
29.09.2016End 29.09.2017	Reference number 170538 · Raamlepingu alusel minikonkurss enda nähtavaks tegemise vahendite, sh jalakäijahelkuri kandmist propageeriva 2016.a kampaania teostamiseks	TranspordiametContracting authority	64 998,90 €actual 64 802,89 €	Completed
29.06.2016End 29.06.2017	Reference number 170538 · 16-00154/103	TranspordiametContracting authority	60 491,40 €actual 54 992,19 €	Completed

.ee domains


virtsustay.ee	Active	26.09.2025	27.09.2027
visitvirtsu.ee	Active	26.09.2025	27.09.2027
visitlaaneranna.ee	Active	19.10.2024	20.10.2026
tervevald.ee	Active	19.09.2024	20.09.2027
raavedehoov.ee	Active	15.04.2024	26.08.2027

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.