ETENRU
RegisteredTartu County
Registry code
12570180
VAT number
EE101810814
Address
Tartu maakond, Tartu linn, Tartu linn, Rüütli tn 17-3, 51006
Registered
14.11.2013 · 12 yrs
Activity
Advertising agencies 73111
Capital
2 500 €
Email
c•••@w•••.eeLog in to see
Phone
+372 •• ••••Log in to see
Website
www.wulcan.ee from email
Business Register 05.10.2026
Sales revenue127 k €-4%2025 annual report
Profit-10 936 €2025 annual report
Employees3Tax Board 2026 Q2
Average gross salary379 €estimate, Tax Board 2026 Q2
Labour taxes per quarter1 738 €Tax Board 2026 Q2
Cash857 €Cash 31.12.2025, annual report
Tax debt0 €Tax Board debtor list 05.10.2026
Revenue 12 months129 k €-5%Tax Board, last 4 quarters
State taxes 12 months32 897 €Tax Board, last 4 quarters
Tax debt since 26.09.2026 · ✓ no debt
Details ↓
Turnover by quarter · latest 20 270 €
34 k40 k28 k34 k50 k37 k21 k20 k
III 24IV 24I 25II 25III 25IV 25I 26II 26
Chart ↓
Firmo rating
A
Good, low risk
67 / 100 points
CBBBBBBAAAAAA
View credit reportReport a debtHow the rating is calculatedCalculated 05.10.2026 · open data
Quick check
  • No tax debt
  • No enforcement proceedings (12 months)
  • No payment orders (12 months)
  • No bankruptcy or liquidation
  • No sanctions
  • Report filed (2025)
  • VAT registered
Stability
RatingA → BB → A
In tax debt0 days since 26.09.2026
Revenue 12 months▼ 5% vs a year earlier
Notification when something changes
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Data

Board and owners

2 persons
Number of active companies, tax debt and bankruptcy. Facts, not an assessment.
Board 2
Catherine Karu2 companiesno tax debtPersonal ID ↗14.11.2013
Simo Reinvald1 companyno tax debtPersonal ID ↗14.11.2013
Shareholders 2
Catherine Karu75,0% 1 875 €02.09.2023
Simo Reinvald25,0% 625 €02.09.2023
Beneficial owners 2
Catherine Karu2 companiesno tax debtdirect holding31.10.2018
Simo Reinvald1 companyno tax debtmember of the senior management body, i.e. management or supervisory board member29.06.2021

Business Register open data

Quarterly taxes and revenue

2026 Q2
State taxes / revenue25,7%
Labour taxes / revenue8,6%
Revenue per employee per month2 252 €
Gross salary (estimate)379 €
Net salary (estimate)365 €

2026 Q2. Wage is estimated from employment taxes.

Build report

QuarterRevenueChange y/yLabour taxesState taxesEmployees
2026 Q220 270 €▼ 40%1 738 €5 211 €3
2026 Q121 402 €▼ 24%3 716 €6 333 €3
2025 Q437 167 €▼ 6%4 598 €8 336 €4
2025 Q350 096 €▲ 49%4 598 €13 017 €4
2025 Q233 981 €▲ 64%3 774 €8 716 €4
2025 Q128 307 €▼ 26%4 386 €7 919 €4
2024 Q439 678 €▲ 18%4 867 €11 443 €4
2024 Q333 598 €▼ 8%3 808 €8 780 €4
2024 Q220 724 €▼ 46%2 886 €5 507 €3
2024 Q138 355 €▲ 79%2 630 €6 920 €3
2023 Q433 753 €▼ 2%2 804 €5 727 €3
2023 Q336 547 €▲ 58%3 260 €8 424 €3
Show full history (18 quarters)
2023 Q238 498 €▲ 56%6 564 €12 026 €3
2023 Q121 420 €▼ 10%7 744 €9 343 €4
2022 Q434 594 €8 816 €12 741 €5
2022 Q323 118 €8 708 €11 458 €5
2022 Q224 740 €7 739 €11 399 €5
2022 Q123 842 €7 069 €9 227 €5

Tax and Customs Board, published on the 10th of the month following the quarter. State taxes include employment taxes. CC BY-SA 3.0

Annual reports

5 yr
Build report

20252024202320222021
Sales revenue127 k €▼ 4%132 k €▼ 7%142 k €▲ 25%113 k €▼ 5%119 k €
Profit-10 936 €▲ 50%-21 888 €▼ into loss935 €▲ 70%549 €▼ 13%632 €
Profit margin-8,6%-16,6%0,7%0,5%0,5%
Retained earnings61 958 €▼ 24%81 346 €▲ 1%80 411 €▲ 1%79 762 €▲ 1%79 130 €
Cash857 €▼ 25%1 140 €▼ 89%9 928 €▲ 8%9 222 €▼ 50%18 591 €
Current assets5 362 €▼ 48%10 339 €▼ 40%17 215 €▼ 29%24 238 €▼ 34%36 918 €
Fixed assets88 565 €▲ 13%78 035 €▲ 6%73 344 €0%73 344 €▲ 34%54 830 €
Assets93 927 €▲ 6%88 374 €▼ 2%90 559 €▼ 7%97 582 €▲ 6%91 748 €
Current liabilities12 675 €▲ 36%9 346 €▲ 39%6 713 €▼ 14%7 771 €▼ 18%9 486 €
Long-term liabilities30 230 €▲ 77%17 070 €0 €▼ 100%7 000 €0 €
Total liabilities42 905 €▲ 62%26 416 €▲ 294%6 713 €▼ 55%14 771 €▲ 56%9 486 €
Equity51 022 €▼ 18%61 958 €▼ 26%83 846 €▲ 1%82 811 €▲ 1%82 262 €
Labour costs-47 464 €▼ 17%-40 500 €▲ 16%-48 282 €▲ 41%-82 265 €▼ 38%-59 786 €
Employees20%20%2▼ 50%40%4
Filed30.06.202627.06.202529.06.202418.06.202315.06.2023
ReportPDF ↓PDF ↓PDF ↓PDF ↓PDF ↓

▲ growth, ▼ decline compared to the previous year (growth in liabilities is red). Business Register, annual reports. CC BY 4.0

Revenue by activity

2025
ActivityEMTAKSales revenueOsa
Advertising agencies main activity73111127 198 €100%

2025 annual report, RIK open data

Real estate

e-kinnistusraamat

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Source: e-kinnistusraamat (Centre of Registers and Information Systems), basic data

Debts and court cases

clean
No tax debt · Tax Board 05.10.2026

Tax Board debtor list (daily), Official Announcements, State Gazette. The Tax Board publishes only today's list; earlier history is collected by Firmo.

Enforcement, payment orders and notices

clean

Official Announcements contain no enforcement, payment order or tax authority notices about the company.

Official Announcements (CC BY-SA 4.0). Enforcement proceedings, payment orders or tax decisions are published there only if they cannot be delivered to the company otherwise. The enforcement register is not public, so the absence of a notice does not mean there are no claims.

State: transactions, tenders, grants

12 728 € makseid

Transactions with state institutions

2024580 €
202312 148 €

Largest payers

Põllumajanduse Registrite ja Informatsiooni Amet6 480 €
Tartu Linnavalitsus3 228 €
ÕIGUSKANTSLER (Õiguskantsleri Kantselei)1 000 €
Tiigi Seltsimaja840 €
SA Tartu Loomemajanduskeskus580 €
All payments by month
MonthPayerTypeFieldAmount
05.2024SA Tartu LoomemajanduskeskusOperating costsOther leisure, culture, religion, incl. administration580 €
11.2023Tartu LinnatransportSotsiaaltoetusedPublic transport organisation144 €
07.2023Põllumajanduse Registrite ja Informatsiooni AmetOperating costsPõllumajandus6 480 €
07.2023Tartu LinnavalitsusOperating costsOther general government services120 €
06.2023Tartu LinnavalitsusOperating costsOther general government services3 108 €
06.2023Tiigi SeltsimajaOperating costsLeisure events840 €
06.2023Politsei- ja PiirivalveametOperating costsPolice456 €
03.2023ÕIGUSKANTSLER (Õiguskantsleri Kantselei)Operating costsCentral government executive and legislative bodies1 000 €

Riigi Tugiteenuste Keskus, Saldo makseandmikud

Holdings in other companies

0

No holdings in other companies

Companies linked via the board

1

Sorted by revenue (latest report or 4 quarters).

Top 20 in activity: Advertising agencies

20
#CompanyRevenue
1Exodim OÜ53,2 m €
2UAB "JOHNSON & JOHNSON" Eesti filiaal46,0 m €
3Digital nudge OÜ43,5 m €
4Hermes Digital OÜ17,0 m €
5Equitex Advertising OÜ12,8 m €
6GlobeCoders OÜ10,5 m €
7Mobitopia OÜ10,1 m €
8Heavy Value OÜ9,3 m €
9Huta Digital OÜ8,6 m €
10Wunder Digital OÜ8,2 m €
11Point2Web Europe OÜ7,0 m €
12MurafaDigital OÜ6,6 m €
13Partial Match Media OÜ6,5 m €
14Itech Media OÜ6,5 m €
15Squarewave OÜ6,0 m €
16Benrey OÜ5,7 m €
17Gepard Media OÜ5,0 m €
18Tornaado Agency OÜ4,7 m €
19Edusystems OÜ4,4 m €
20WaardeX OÜ4,3 m €

Wulcan OÜ: place 512 /2784

Similar size: EndlessRange OÜ, Online Performance OÜ, 123 Reklaam OÜ, Tooteesitlused OÜ, UNION-ATLANTICA OÜ, Capybara OÜ, Reklaamistuudio FMS OÜ, Osaühing Raamar, Kreatioon OÜ, InfraWeb Global Solutions OÜ

Revenue from the latest annual report, otherwise Tax Board revenue for 4 quarters. All companies in this activity

Licences, pledges, domains

No data

History and notices

7
DateTypeContent
02.09.2023EntryAmendment entry
26.07.2023EntryMuutmiskanne TsMS § 595¹ lg 1 alusel
15.06.2023EntryAmendment entry
18.01.2018EntryAmendment entry
19.12.2017EntryAmendment entry
06.12.2017EntryAmendment entry
14.11.2013EntryFirst entry