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Squarewave OÜ

Legal form:

Private limited company

Registry code:

16153013

VAT no.:

EE102339310

Fiscal-year period:

01.01 - 31.12

Established:

03.02.2021 (5)

Former business names:

Blu Advertising OÜ

Capital:

2 500 EUR

Address:

Saadu tn 9-6, Haabersti linnaosa, Tallinn, Harju maakond, 13516

Status:

Registered

Contacts

Email:

info@squarewave.agency

Phone:

+372 58665517

Website:

https://squarewave.agency

Industries

PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Advertising, market research and public relations
Advertising
73111 - Activities of advertising agencies

VAT liability

	Start	End
EE102339310	05.02.2021

Annual reports

Aggregate data

	Period	Submitted
2025	01.01.2025 - 31.12.2025	Due date 30.06.2026
2024	01.01.2024 - 31.12.2024	05.09.2025	Valid
2023	01.01.2023 - 31.12.2023	03.09.2024	Valid
2022	01.01.2022 - 31.12.2022	01.03.2023	Valid
2021	03.02.2021 - 31.12.2021	22.03.2022	Valid

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 03.06.2026.

???

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

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Tax debt

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Tax data

	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q1	9 835 €	11 047 €	0 €100.0%	2
Kokku 2026:	9 835 €	11 047 €	0 €
2025 Q4	27 872 €	7 392 €	122 €84.7%	2
2025 Q3	7 943 €	8 632 €	795 €101.4%	1
2025 Q2	15 450 €	17 001 €	-58 678 €102.7%	1
2025 Q1	9 658 €	10 731 €	2 151 022 €8.5%	2
Kokku 2025:	60 923 €	43 756 €	2 093 261 €87.2%
2024 Q4	9 746 €	10 531 €	1 983 375 €8.4%	2
2024 Q3	50 426 €	14 049 €	2 165 935 €46.4%	2
2024 Q2	16 493 €	16 447 €	4 044 551 €50.7%	3
2024 Q1	67 793 €	28 619 €	8 201 659 €68.5%	3
Kokku 2024:	144 458 €	69 646 €	16 395 520 €2.4%
2023 Q4	38 971 €	14 656 €	4 867 513 €22.3%	3
2023 Q3	61 340 €	15 905 €	3 979 867 €10.0%	2
2023 Q2	27 173 €	15 759 €	3 619 523 €2.1%	3
2023 Q1	91 551 €	20 067 €	3 545 654 €11.7%	3
Kokku 2023:	219 036 €	66 387 €	16 012 557 €34.2%
2022 Q4	43 209 €	15 467 €	3 174 644 €10.8%	3
2022 Q3	27 102 €	16 103 €	3 558 522 €9.2%	3
2022 Q2	33 167 €	11 533 €	3 259 178 €67.7%	3
2022 Q1	6 562 €	5 444 €	1 943 048 €14.9%	3
Kokku 2022:	110 040 €	48 547 €	11 935 392 €175.0%
2021 Q4	0 €	3 083 €	1 691 489 €14.9%	-
2021 Q3	0 €	2 875 €	1 472 278 €35.6%	-
2021 Q2	0 €	1 666 €	1 086 020 €1 112.1%	-
2021 Q1	0 €	0 €	89 601 €	1
Kokku 2021:	0 €	7 625 €	4 339 388 €

Revenue by industry

	2022	2023	2024
Activities of advertising agencies			5 959 080 €
Advertising agencies	7 045 631 €	11 071 041 €

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
Karel Prave	39207XXXXXX	07.07.1992 (33)	Board member	08.03.2021	-
Karl-Erik Rosenberg	39503XXXXXX	02.03.1995 (31)	Board member	08.03.2021	-
Bruce Andrew Arnold	38611XXXXXX	17.11.1986 (39)	Board member	03.02.2021	-

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

1 - 3 / 3 rows

Shareholders

Name	Personal ID code	Date of birth	Role	Share	%	Type	Start	End
DieHard OÜ	-	29.12.2021 (4)	Shareholder	208,33 EUR	8,33	Sole ownership	02.09.2023	-
PRAVES OÜ	-	16.06.2016 (9)	Shareholder	208,33 EUR	8,33	Sole ownership	02.09.2023	-
Krosen OÜ	-	03.03.2017 (9)	Shareholder	208,34 EUR	8,33	Sole ownership	02.09.2023	-
Bruce Andrew Arnold	38611XXXXXX	17.11.1986 (39)	Shareholder	625,00 EUR	25	Sole ownership	02.09.2023	-
Karel Prave	39207XXXXXX	07.07.1992 (33)	Shareholder	625,00 EUR	25	Sole ownership	02.09.2023	-

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

1 - 5 / 6 rows

Other persons

Name	Personal ID code	Date of birth	Role	Start	End
Bruce Andrew Arnold	38611XXXXXX	17.11.1986 (39)	Founder	02.02.2021	-
David Michael Bailey	38010XXXXXX	05.10.1980 (45)	Founder	02.02.2021	-

1 - 2 / 2 rows

Ultimate beneficial owners

Name	Personal ID code	Date of birth	Role	Start	End
Karel Prave	39207XXXXXX	07.07.1992 (33)	Direct holding	29.04.2021	-
Karl-Erik Rosenberg	39503XXXXXX	02.03.1995 (31)	Direct holding	29.04.2021	-
Bruce Andrew Arnold	38611XXXXXX	17.11.1986 (39)	Direct holding	03.02.2021	-

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

1 - 3 / 3 rows

Holdings in companies

Company	Registered	Role	Share	%	Type	Start	End
Sinewave OÜ	26.10.2023	Shareholder	300,00 EUR	100	Sole ownership	26.10.2023	-

1 - 1 / 1 rows

2026 Q1

Turnover

Amount

0 €

Monthly average

0 €

Per employee

0 €

Equity ratio

Labour taxes

Turnover ratio

0,00%

Tax ratio

112,32%

Monthly average

3 682 €

Per employee

1 841 €

State taxes

Monthly average

3 278 €

Turnover ratio

0,00%

Estimated salary

Gross salary

3 342 €

Net salary

2 630 €

Aggregate data

	2024	2023	2022	2021
Current assets	827 567 €37.4%	1 322 960 €26.9%	1 042 660 €189.7%	359 852 €
Non-current assets	10 276 €44.2%	7 128 €6.8%	7 651 €	-
Total assets	837 843 €37.0%	1 330 088 €26.6%	1 050 311 €191.9%	359 852 €
Short-term liabilities	666 005 €26.2%	902 583 €80.9%	498 927 €297.7%	125 465 €
Long-term liabilities	-	-	-	-
Total liabilities	666 005 €26.2%	902 583 €80.9%	498 927 €297.7%	125 465 €
Share or stock capital	2 500 €	2 500 €	2 500 €	2 500 €
Retained earnings	64 991 €5.7%	68 884 €17.8%	83 842 €4 571.6%	-1 875 €
Net profit	104 347 €70.7%	356 121 €23.4%	465 042 €98.9%	233 762 €
Equity	171 838 €59.8%	427 505 €22.5%	551 384 €135.2%	234 387 €
Turnover	5 959 080 €46.2%	11 071 041 €57.1%	7 045 631 €97.0%	3 576 993 €
Profit margin	1.75%45.6%	3.22%51.3%	6.60%1.0%	6.54%

Financial ratios

	2024	2023	2022	2021
Profit and cash flow
EBITDA	-EJ EAY	DCV OBW	VHZ UAG	-
Liquidity
Current ratio	O.G	C.Q	V.R	2.9
Quick ratio	K.C	P.G	A.W	2.9
Cash ratio	N.H	N.O	T.L	1.7
Efficiency
Days sales outstanding (dso)	O.V	D.N	N.K	9.3
Asset turnover	Q.G	N.F	NM.H	9.9
Structure
Debt ratio	A.S	K.X	A.F	0.3
Profitability
Operating margin	-H.D%	H.D%	K.B%	6.5%
Net profit margin	U.H%	S.N%	Z.M%	6.5%
Return on assets (roa)	I.R%	ED.T%	QN.L%	65.0%
Return on equity (roe)	BX.W%	IC.A%	CD.N%	99.7%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations

Regulation no.	Date	Type	Deadline	Status
Ä 50165781 / M4	03.09.2024	Reporting-fine order	18.09.2024	Entered into force (19.09.2024)
Ä 50165781 / M3	17.07.2024	Fine-warning order – annual report not filed	16.08.2024	Entered into force (17.07.2024)
Ä 50165781 / 8	02.09.2023	Entry - Amendment entry		Entered into force (02.09.2023)
Ä 50165781 / 7	21.11.2022	Entry - Amendment entry		Entered into force (21.11.2022)
Ä 50165781 / M2	27.10.2022	Order to remedy deficiencies - Amendment entry	16.11.2022	Deficiencies remedied (21.11.2022)

1 - 5 / 12 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	Participants
2-24-13296/16	Civil case	Court ruling (Compromise ruling)	Law of obligations	Maarja-Liis Lall	ECLI:EE:HMK:2025:2.24.13296.3777	11.03.2025

Squarewave 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

Holdings in companies

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

Court decisions

Court decisions

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