ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistuEstonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
ContactTerms
ET/EN/RU
EN
EestiEnglishРусский
nimistu
Search›Companies›TwogNation OÜ
14199471ActivePrivate limited companyEE101951702 · VAT-registered

TwogNation OÜ

Harju maakond, Tallinn, Kesklinna linnaosa, Vesivärava tn 50-201·EMTAK 73111 — Activities of advertising agencies·9+ years
Andmed · ···
On this page
SanctionsOverviewOfficersShareholdersFoundersOther rolesForeign parentSubsidiariesFinancialsTax filingsPledgesPledges as creditorLicencesNoticesTech stackCourt rulingsTVK decisionsBlacklistLabour inspectorateHazardous facilityDPA decisionsTax-deductibleEU lobby registerTrademarksPatentsReal estateVehiclesGrantsProcurementsDocumentsState paymentsActivityConnected companies
Extension

Right in search

nimistu card above Google, Bing and DuckDuckGo results.

Chrome→Firefox→Edge→
Free · ~14 KB
See the extension →

Overview

e-Business Register · 10 h ago
Registry code
e-Business Register
Legal form
Private limited company
Registered
06.02.2017e-Business Register
Address
Vesivärava tn 50-201, Kesklinna linnaosa, Tallinn, 10152 Harju maakondADS · e-Business Register
E-mail address
master@twognation.come-Business Register
Telephone
+370 64647952e-Business Register
Principal activity
EMTAK 73111 - Activities of advertising agenciese-Business Register · ETCB
VAT number
ETCB · VAT-registered
Share capital
10 000,00 €e-Business Register
Estonia's public business register
HomeViewsIndustriesBlogSourcesAbout

Public registry of Estonian companies — every fact traceable to a source and a date. Free and ad-free for everyone.

Nimistu MTÜ
Address: Parda tn 8, 10151 Tallinn, Estonia
E-mail: info@nimistu.ee

Browse

  • Home
  • Views
  • Industries
  • Activity licences
  • Recent registrations

Data

  • 79 sources
  • Database
  • Extensions
  • MCP

Organisation

  • About
  • FAQ
  • For journalists
  • Donate
  • Donation terms
  • Refunds
  • Terms
  • Privacy
  • Contact
© 2026 Nimistu MTÜ. License CC-BY-SA 4.0 · details
Data · 6 sourcese-Business Register · 8 min agoMTA
e-Business Register ↗

Registered 6. veebruar 2017, primary activity: Activities of advertising agencies. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.

Revenue 2026 (I-II kv)
2,7m €
▲ 22% vs 2025 I-II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
–
Tax debt
€0
As of 09.08.2026 (MTA)

Officers (2)

e-Business Register · 10 h ago
SL
Sebastian Läger
Born 1985 · 41 y · board member since 08.05.2017
Board member
AK
Aleksandr Kubõškin
Born 1980 · 46 y · board member since 26.02.2021
Board member

Founders (2)

e-Business Register · 10 h ago
IB
Ignat Bobrovich
Born 1986 · 39 y · founder since 01.02.2017
Founder · 1k €
SL
Sebastian LägerSaksamaa · Germany
Born 1985 · 41 y · founder since 01.02.2017
Founder · 1k €

Shareholders (6)

e-Business Register · 10 h ago
0%50%100%
Founder / management
88.6% · 3
VC
6.5% · 1
Long tail
5.0% · 2
#ShareholderType%

Annual reports (7)

e-Business Register · annual reports · 4 päeva tagasi
Revenue 2025
2,3m €
↗ +34.1% vs 2024
State taxes 2023
8k €
↘ -0.3% vs 2022
Employees 2025
0
↘ -100.0% vs 2024
YearRevenueProfit

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.07.2026 as of
2,0m €1,0m €0

History

last 2 years · MTA + ÄR + MTR + Procurements
2026
17.07.2026OfficerSai osanikuks6×expand ›hide ⌃
  • UAB NTSG · 4 %
  • Fluctus AG · 1 %
  • Alex Dokuchaev · · 6 %
  • Sebastian Läger · · 68 %
  • Linteraco Investments Limited · 6 %
  • Michael Broda · · 15 %
17.07.2026FilingMuutmiskanne2×expand ›hide ⌃

Connected companies

Same-person ties · e-Business Register

TwogNation OÜ is connected to 8 other companies through 2 people who hold a role here and elsewhere. The strongest tie runs through Ignat Bobrovich (6 companies).

Total connections
8
via 2 people
Connecting people
2
Active here
Distinct roles
2
Board member · Founder
Strongest tie
Ignat
6 companies
Via personIgnat Bobrovich
Revenue 2026 II kv
1 349 520 €
▲ 22% vs 2025 II kv
As of 10.07.2026 (MTA)
Employees
–
2026 (MTA)
Taxes paid
–
Tax debt
0 €
As of 09.08.2026 (MTA)
€
1
Sebastian Läger
Founder / management68.00%7k €
2
Michael Broda
Founder / management14.99%1k €
3
Linteraco Investments Limited
VC6.46%646 €
4
Alex Dokuchaev
Founder / management5.58%558 €
5
UAB NTSG
Long tail3.56%356 €
6
Fluctus AG
Long tail1.41%141 €
Geographic breakdown
Saksamaa · GermanyGermany68.0%1
Tšehhi · CzechiaCzechia15.0%1
?Unknown6.5%1
Läti · LatviaLatvia5.6%1
Leedu · LithuaniaLithuania3.6%1
Saksamaa · GermanyGermany1.4%1
Concentration

How tightly the cap table is held. Top-N shows the combined stake of the largest N shareholders; the 80% line is the smallest group that together controls 80%; Gini is 0 when stakes are perfectly equal, 1 when one holder owns everything.

Top 1
68.0%
Top 3
89.4%
Top 5
98.6%
Top 10
100.0%
80% line
2 of 6
Gini
0.61

Controlling stake: top holder commands 68.0%, sole control.

SL
Sebastian LägerSaksamaa · Germany
Born 1985 · 41 y · shareholder since 17.07.2026
Shareholder 68% · 7k €
MB
Michael BrodaTšehhi · Czechia
Born 1977 · 48 y · shareholder since 17.07.2026
Shareholder 15% · 1k €
LI
Linteraco Investments LimitedFOREIGN
Foreign / not in register · shareholder since 17.07.2026
Shareholder 6% · 646 €
AD
Alex DokuchaevLäti · Latvia
Born 1983 · 43 y · shareholder since 17.07.2026
Shareholder 6% · 558 €
UN
UAB NTSGLeedu · LithuaniaFOREIGN
Foreign / not in register · shareholder since 17.07.2026
Shareholder 4% · 356 €
FA
Fluctus AGSaksamaa · GermanyFOREIGN
Foreign / not in register · shareholder since 17.07.2026
Shareholder 1% · 141 €
Equity
Assets
Employees
20252 344 886 €−3122 €97k €114k €026.02.2026
20241 749 082 €6797 €101k €172k €127.03.2025
20231 058 612 €53 051 €94k €142k €120.06.2024
2022662 917 €35 649 €41k €114k €121.06.2023
2021440 562 €15 151 €5k €77k €206.09.2022
2020247 151 €−66 791 €-366k €49k €216.08.2022
201971 982 €−60 274 €-299k €49k €208.08.2022
Original files in PDF – the full register on e-Business Register.View reports on e-Business Register
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I-II Q2 663 371 €–––
20254 464 464 €–––
20243 175 952 €4685 €4899 €1
20231 897 864 €8038 €8395 €1
20221 050 181 €8066 €8537 €1
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 20261,3m €1,3m €––
State taxes 2026––––
Taxes on workforce 2026––––
Employees 2026––––
Revenue 20251,1m €1,1m €1,1m €1,2m €
State taxes 2025––––
Taxes on workforce 2025––––
Employees 2025––––
Revenue 2024643k €739k €859k €935k €
State taxes 20242k €2k €––
Taxes on workforce 20242k €3k €––
Employees 20241–––
Revenue 2023444k €478k €484k €491k €
State taxes 20231k €3k €2k €2k €
Taxes on workforce 20231k €3k €2k €2k €
Employees 20231111
Revenue 2022128k €347k €282k €293k €
State taxes 20222k €2k €2k €2k €
Taxes on workforce 20222k €2k €2k €2k €
Employees 20221111
  • Ä 50050590 / 16 · Olek: Jõustunud
  • Kanne nr 15 · kanne
  • 26.02.2026ReportEsitati 2025. aasta aruanne— Käive 2 344 886 €
    2025
    27.03.2025ReportEsitati 2024. aasta aruanne— Käive 1 749 082 €
    6
    Aleksandr Kubõškin2
    IB
    Ignat Bobrovich
    founder
    6 other companies›
    CompanyRoleReg. code
    AZKOL VC OÜ
    Founder
    14125389
    Aurora Gaming OÜ
    Board memberShareholder 100%Founder
    14745198
    DEMEXUS – Demokraatia ja arengu digitaalne instituut MTÜ
    Board memberFounder
    80675350
    Eesti Spordi ja Hariduse Digitaliseerimise Keskus MTÜ
    Board memberFounder
    80631157
    Nordik Engineering OÜ
    Recipient for procedural documents
    14056441
    Valvur Cybersecurity OÜ
    Shareholder 100%FounderBoard member
    17303615
    AK
    Aleksandr Kubõškin
    board member
    2 other companies›
    CompanyRoleReg. code
    DK Prima Holding OÜ
    Board member
    12053674
    Tacit University sihtasutus
    Supervisory board member
    90016045

    Analysis · 2025

    computed from annual reports
    Revenue2,3m €median 24k €96.2× the sector median
    Net margin-0.1%median 7.9%-8.0 pp vs sector median
    Revenue change34.1%median 2.4%+31.7 pp vs sector median
    Equity ratio85.8%
    Current ratio7.06
    Labour cost of revenue0.0%
    Compared with2024revenue 1,7m €

    Peer group: Reklaamiagentuuride tegevus, 2,676 trading companies that filed a report in the last three years.

    Founded 2017. That year 14,399 osaühing were registered; 13,843 are still trading, or 96.1%.