General information

Contacts

Industries

VAT liability

Annual reports

✓

Unsubmitted declarations

???

Credit rating

Tax data

✓

Tax debts

Related persons

Holdings in companies

Statistics

Summary of reports

Licenses

Regulations

Real estate

TTJA decisions

Court decisions

Official announcements

Public transactions

.ee domains

✓

Enforcement proceedings

✓

Payment orders

Shines Digital Europe OÜ

Legal form:

Private limited company

Registry code:

14964322

VAT no.:

Fiscal-year period:

01.01 - 31.12

Established:

05.05.2020 (6)

Former business names:

Convertal Shines OÜ

Capital:

3 000 EUR

Address:

Lai tn 36-18, Tartu linn, Tartu linn, Tartu maakond, 51005

Status:

Registered

Contacts

Email:

taavi@shinesdigital.com

Phone:

+372 58339164

Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Advertising and market research
Advertising
73121 - Media advertising brokerage

VAT liability

	Start	End
EE102253292	07.05.2020	04.01.2024

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	25.03.2026	Valid
2024	01.01.2024 - 31.12.2024	27.03.2025	Valid
2023	01.01.2023 - 31.12.2023	04.03.2024	Valid
2022	01.01.2022 - 31.12.2022	03.04.2023	Valid
2021	01.01.2021 - 31.12.2021	30.01.2022	Valid
2020	05.05.2020 - 31.12.2020	06.07.2021	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 06.06.2026.

???

Credit rating

Hidden

Credit rating is based on company financial data and payment behavior. detailed analysis available to regia+ users.

020406080100

? Risk factors

? Strengths

View summary

✓

Tax debt

✓

Unsubmitted reports

✓

Unsubmitted declarations

Court decisions

Official announcements

TTJA decisions

Real estate

.ee domains

Licenses

Regulations

Public transactions

Holdings in companies

✓

Enforcement proceedings

✓

Payment orders

Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2024 Q1	1 750 €	1 500 €	1 342 €48.3%	-
Kokku 2024:	1 750 €	1 500 €	1 342 €
2023 Q4	3 032 €	2 987 €	2 593 €94.2%	-
2023 Q3	12 717 €	14 021 €	44 865 €38.3%	-
2023 Q2	14 459 €	15 314 €	72 699 €1.5%	4
2023 Q1	13 280 €	14 229 €	71 641 €19.2%	4
Kokku 2023:	43 488 €	46 551 €	191 799 €26.0%
2022 Q4	12 418 €	13 248 €	60 082 €12.8%	4
2022 Q3	14 487 €	15 483 €	68 888 €12.8%	6
2022 Q2	16 225 €	17 343 €	78 980 €53.8%	5
2022 Q1	12 814 €	13 706 €	51 368 €11.9%	6
Kokku 2022:	55 944 €	59 780 €	259 318 €13.6%
2021 Q4	9 089 €	9 838 €	58 311 €7.8%	6
2021 Q3	13 780 €	14 952 €	63 230 €1.2%	5
2021 Q2	8 668 €	9 378 €	62 479 €41.2%	5
2021 Q1	9 355 €	9 517 €	44 245 €14.0%	3
Kokku 2021:	40 891 €	43 684 €	228 265 €235.5%
2020 Q4	3 711 €	3 926 €	38 799 €62.3%	3
2020 Q3	790 €	793 €	23 904 €348.1%	1
2020 Q2	0 €	0 €	5 335 €	-
Kokku 2020:	4 501 €	4 719 €	68 039 €

Revenue by industry

	2021	2022	2023
Media advertising brokerage	224 948 €	260 867 €	166 271 €

Tax debts

No tax debt found

No tax debt as of 06.06.2026

Representatives

Name	Personal ID code	Date of birth	Role	Start	End
Taavi Raidma	38501XXXXXX	19.01.1985 (41)	Board member	03.01.2022	-
Scot Trevor Ennis	37801XXXXXX	05.01.1978 (48)	Board member	10.02.2021	-

2 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
Taavi Raidma	38501XXXXXX	19.01.1985 (41)	Shareholder	3 000,00 EUR	100	Sole ownership	19.12.2025	-

10 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
Convertal OÜ	-	-	Founder	05.05.2020	-

1 - 1 / 1 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Taavi Raidma	38501XXXXXX	19.01.1985 (41)	Direct holding	03.01.2022	-

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

1 - 1 / 1 rows

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2024 Q1

Turnover

Amount

1 342 €

Monthly average

447 €

Per employee

0 €

Equity ratio

14,91%

Labour taxes

Turnover ratio

111,77%

Tax ratio

85,71%

Monthly average

500 €

Per employee

0 €

State taxes

Monthly average

583 €

Turnover ratio

130,40%

Estimated salary

Gross salary

0 €

Net salary

0 €

Aggregate data

	2025	2024	2023	2022	2021	2020
Current assets	471 €29.7%	670 €68.6%	2 136 €93.0%	30 443 €38.4%	49 393 €69.0%	29 232 €
Non-current assets	7 500 €17.4%	9 077 €22.9%	11 774 €3.7%	12 231 €711.1%	1 508 €	-
Total assets	7 971 €18.2%	9 747 €29.9%	13 910 €67.4%	42 674 €16.2%	50 901 €74.1%	29 232 €
Short-term liabilities	66 €340.0%	15 €99.2%	1 866 €91.5%	21 929 €15.0%	25 812 €40.9%	18 317 €
Long-term liabilities	-	-	-	-	-	-
Total liabilities	66 €340.0%	15 €99.2%	1 866 €91.5%	21 929 €15.0%	25 812 €40.9%	18 317 €
Share or stock capital	3 000 €	3 000 €	3 000 €	3 000 €	3 000 €	3 000 €
Retained earnings	6 732 €25.6%	9 044 €49.0%	17 745 €19.7%	22 089 €179.1%	7 915 €	-
Net profit	-1 827 €21.0%	-2 312 €73.4%	-8 701 €100.3%	-4 344 €130.6%	14 174 €79.1%	7 915 €
Equity	7 905 €18.8%	9 732 €19.2%	12 044 €41.9%	20 745 €17.3%	25 089 €129.9%	10 915 €
Turnover	-	-	166 271 €36.3%	260 867 €16.0%	224 948 €178.8%	80 696 €
Profit margin	0.00%	0.00%	-5.23%214.3%	-1.67%126.4%	6.30%35.8%	9.81%

Financial ratios

	2024	2023	2022	2021	2020
Profit and cash flow
EBITDA	-JSU	-J SXC	-L WVP	-	-
Liquidity
Current ratio	AX.M	B.L	W.H	1.9	1.6
Quick ratio	DW.S	G.L	Q.C	1.9	1.6
Cash ratio	PK.S	V.C	P.G	1.2	0.6
Efficiency
Days sales outstanding (dso)	-	IF.M	VA.O	28.6	79.3
Asset turnover	-	N.K	D.J	5.6	2.8
Structure
Debt ratio	F.E	M.B	Q.F	0.5	0.6
Profitability
Operating margin	-	-I.U%	-F.E%	6.3%	9.9%
Net profit margin	-	-Z.T%	-J.Q%	6.3%	9.8%
Return on assets (roa)	-BJ.K%	-CZ.V%	-E.W%	35.4%	27.1%
Return on equity (roe)	-HG.F%	-QZ.I%	-ZD.J%	56.5%	72.5%

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 50145521 / 10	19.12.2025	Entry - Amendment entry	Entered into force (19.12.2025)
Ä 50145521 / 11	19.12.2025	Entry - Amendment entry	Entered into force (19.12.2025)
Ä 50145521 / 9	29.04.2024	Entry - Amendment entry	Entered into force (29.04.2024)
Ä 50145521 / 8	04.05.2023	Entry - Amendment entry under NSPA § 595¹ (1)	Entered into force (04.05.2023)
Ä 50145521 / 7	03.02.2022	Entry - Amendment entry under CRA § 525 (2)	Entered into force (03.02.2022)

Shines Digital Europe OÜ

Contacts

Industries

VAT liability

Annual reports

Unsubmitted declarations

No unsubmitted declarations found

Credit rating

Hidden

Tax data

Revenue by industry

Tax debts

No tax debt found

Representatives

Shareholders

Other persons

Ultimate beneficial owners

Holdings in companies

No holdings in companies found

Aggregate data

Financial ratios

Licences & notices

No licenses and notices found

Regulations

Regulations

Real estate

No real estate found

Consumer Disputes Committee decisions

No consumer dispute committee decisions found

Official announcements

No official announcements found

Public transactions

No public transactions found

.ee domains

No domains found

Enforcement proceedings

No enforcement proceedings found

Payment orders

No payment orders found