Multicut OÜ

Legal form:: Private limited company
Registry code:: 11234698
VAT no.:: EE101054939
Fiscal-year period:: 01.01 - 31.12
Established:: 20.04.2006 (20 y)
Former business names:: PB TRADING Osaühing
Capital:: 2 556 EUR
Address:: Rahu tn 12-45, Narva linn, Ida-Viru maakond, 21003
Status:: Registered

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Contacts

Phone:: +372 5548528
Email:: info@multicut.ee

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Industries

MANUFACTURING
Manufacture of fabricated metal products, excl. machinery
Manufacture of other fabricated metal products
25991 – Manufacture of other fabricated metal products n.e.c.

Industry TOPNo. 62 of 304 companies

62.Multicut OÜ822.6k €

Main activity 25991 · turnover over the last 4 quarters

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VAT liability

VAT no.	Start	End
EE101054939	05.07.2021	-
EE101054939	07.06.2006	31.01.2009

Annual reports

Aggregate data

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	14.05.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	22.05.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	25.05.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	26.04.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	12.05.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	18.06.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	30.09.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	26.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	11.04.2018	Valid	PDF
2016	01.01.2016 – 31.12.2016	27.06.2017	Valid	PDF
2015	01.01.2015 – 31.12.2015	31.05.2016	Valid	PDF
2014	01.01.2014 – 31.12.2014	30.06.2015	Valid	PDF
2013	01.01.2013 – 31.12.2013	13.06.2014	Valid	PDF
2012	01.01.2012 – 31.12.2012	03.07.2013	Valid	PDF
2011	01.01.2011 – 31.12.2011	03.07.2012	Valid	PDF
2010	01.01.2010 – 31.12.2010	08.07.2011	Valid	PDF
2009	01.01.2009 – 31.12.2009	31.05.2010	Valid	PDF
2008	01.01.2008 – 31.12.2008	14.09.2009	Valid	PDF
2007	01.01.2007 – 31.12.2007	24.10.2008	Valid	PDF
2006	20.04.2006 – 31.12.2006	22.06.2007	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 28.10.2026.

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Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate–.ee domains1 Licenses–Regulations15 Public transactions32 Grants–State aid8 Public procurement–Holdings in companies–Enforcement proceedings Payment orders

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	28 618 €	14 714 €	178 674 €−36,7%	10
2026 Q2	38 237 €	8 611 €	282 073 €+118%	10
2026 Q1	14 068 €	9 779 €	129 401 €−44,3%	10
Total 2026:	80 923 €	33 104 €	590 148 €
2025 Q4	30 918 €	6 549 €	232 489 €−23,6%	8
2025 Q3	29 113 €	5 859 €	304 444 €+69,7%	6
2025 Q2	8 773 €	5 339 €	179 428 €+361%	6
2025 Q1	1 883 €	309 €	38 881 €+36,9%	2
Total 2025:	70 687 €	18 056 €	755 242 €
2024 Q4	3 946 €	2 097 €	28 405 €−53,6%	-
2024 Q3	9 902 €	1 779 €	61 279 €+248%	2
2024 Q2	1 767 €	574 €	17 611 €−68,3%	2
2024 Q1	4 727 €	0 €	55 489 €+27,2%	1
Total 2024:	20 342 €	4 450 €	162 784 €
2023 Q4	1 787 €	978 €	43 629 €−34,9%	2
2023 Q3	0 €	379 €	66 972 €+26,9%	1
2023 Q2	3 018 €	991 €	52 793 €+6,0%	1
2023 Q1	7 667 €	661 €	49 802 €+347%	2
Total 2023:	12 472 €	3 009 €	213 196 €
2022 Q4	757 €	320 €	11 149 €−23,0%	1
2022 Q3	1 729 €	0 €	14 470 €+418%	-
2022 Q2	559 €	0 €	2 793 €+18,6%	-
2022 Q1	433 €	0 €	2 355 €+84,0%	-
Total 2022:	3 478 €	320 €	30 767 €
2021 Q4	354 €	0 €	1 280 €+161%	-
2021 Q3	-	-	490 €	-
2021 Q2	-	-	-	-
Total 2021:	354 €	0 €	1 770 €

Revenue by industry

	2023	2024	2025
Manufacture of other fabricated metal products n.e.c.		132 190 €	678 318 €
Machining	154 408 €

Tax debts

No tax debt found

No tax debt as of 28.10.2026

Representatives

	Personal ID code
Pavel Kitajevski	38106XXXXXX	13.06.1981 (45)	Board member	20.04.2006	-

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Shareholders

	Personal ID code
Pavel Kitajevski	38106XXXXXX	13.06.1981 (45)	Shareholder	1 278 EUR	50,00%	Sole ownership	02.09.2023	-
Dmitri Kitajevski	38606XXXXXX	16.06.1986 (40)	Shareholder	1 278 EUR	50,00%	Sole ownership	02.09.2023	-

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Other persons

	Personal ID code
Pavel Kitajevski	38106XXXXXX	13.06.1981 (45)	Founder	13.03.2006	-

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Ultimate beneficial owners

	Personal ID code
Dmitri Kitajevski	38606XXXXXX	16.06.1986 (40)	Direct holding	10.02.2023	-
Pavel Kitajevski	38106XXXXXX	13.06.1981 (45)	Direct holding	17.10.2018	-

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Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 178 674 €
Monthly average: 59 558 €
Per employee: 5 956 €
Equity ratio: 2 330,13%

Labour taxes

Turnover ratio: 8,24%
Tax ratio: 51,42%
Monthly average: 4 905 €
Per employee: 490 €

State taxes

Monthly average: 9 539 €
Turnover ratio: 16,02%

Estimated salary

Gross salary: 1 028 €
Net salary: 927 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	119 433 €+456%	21 483 €+7,1%	20 057 €−48,7%	39 062 €+872%	4 017 €+135%	1 711 €−0,6%	1 721 €
Non-current assets	40 615 €+51,4%	26 834 €+7,4%	24 978 €+260%	-	-	6 945 €	6 945 €
Total assets	160 048 €+231%	48 317 €+7,3%	45 035 €+15,3%	39 062 €+872%	4 017 €−53,6%	8 656 €−0,1%	8 666 €
Short-term liabilities	92 110 €+747%	10 869 €−61,7%	28 351 €+274%	7 573 €+1 362%	518 €+2 490%	20 €	20 €
Long-term liabilities	-	-	-	-	-	-	-
Total liabilities	92 110 €+747%	10 869 €−61,7%	28 351 €+274%	7 573 €+1 362%	518 €+2 490%	20 €	20 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	34 892 €+74,0%	20 056 €−30,7%	28 933 €+2 968%	943 €+141%	-2 316 €−138%	6 090 €−0,1%	6 098 €
Net profit	30 490 €+106%	14 836 €+200%	-14 805 €−153%	27 990 €+759%	3 259 €+32 690%	-10 €−25,0%	-8 €
Equity	67 938 €+81,4%	37 448 €+124%	16 684 €−47,0%	31 489 €+800%	3 499 €−59,5%	8 636 €−0,1%	8 646 €
Turnover	678 318 €+409%	133 185 €−13,7%	154 408 €+193%	52 762 €+1 429%	3 450 €	-	-
Profit margin	4,5%	11,1%	-9,6%	53,0%	94,5%	-	-

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-
Liquidity
Current ratio	5,2	7,8
Quick ratio	5,2	7,8
Cash ratio	4,1	3,9
Efficiency
Days sales outstanding (dso)	35,6	213,3
Asset turnover	2,4	0,5
Structure
Debt ratio	0,2	0,1
Profitability
Operating margin	53,0%	94,5%
Net profit margin	53,0%	94,5%
Return on assets (roa)	129,9%	51,4%
Return on equity (roe)	88,9%	93,1%

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Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 40018434 / 8	23.02.2025	Entry – Amendment entry	-	Entered into force23.02.2025
Ä 40018434 / 7	02.09.2023	Entry – Amendment entry	-	Entered into force02.09.2023
Ä 40018434 / 6	13.05.2022	Deletion of activities from registry card – Amendment entry under CRA § 525 (2)	-	Entered into force13.05.2022
Ä 40018434 / 5	21.06.2021	Entry – Amendment entry	-	Entered into force21.06.2021
Ä 40018434 / 4	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018

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


15.09.2026	Eesti Töötukassa	607,45 €Received	OTHER GRANTSSocial protection of the unemployed
15.09.2026	Eesti Töötukassa	545 €Received	OTHER GRANTSSocial protection of the unemployed
15.09.2026	Eesti Töötukassa	545 €Received	OTHER GRANTSSocial protection of the unemployed
15.09.2026	Eesti Töötukassa	590 €Received	OTHER GRANTSSocial protection of the unemployed
14.08.2026	Eesti Töötukassa	543,31 €Received	OTHER GRANTSSocial protection of the unemployed

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid


10.03.2026	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	3 262,17 €	231580/2604358
06.03.2026	MTÜ Maakondlikud ArenduskeskusedAid measure 241642	Muu › MuuGrant	34 €	241642/2600484
04.02.2026	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	3 035,50 €	231580/2604026
04.02.2026	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	3 284,72 €	231580/2604029
04.02.2026	Eesti TöötukassaAid measure 231580	Palgatoetus VTA › Palgatoetus VTAGrant	3 150,66 €	231580/2604037

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains


multicut.ee	Active	12.01.2022	13.01.2027

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.