Kutsar Invest Grupp OÜ

Year	Period	Submitted	Status
2025	01.01.2025 – 31.12.2025	30.06.2026	Valid	PDF
2024	01.01.2024 – 31.12.2024	29.06.2025	Valid	PDF
2023	01.01.2023 – 31.12.2023	27.06.2024	Valid	PDF
2022	01.01.2022 – 31.12.2022	30.06.2023	Valid	PDF
2021	01.01.2021 – 31.12.2021	29.06.2022	Valid	PDF
2020	01.01.2020 – 31.12.2020	19.07.2021	Valid	PDF
2019	01.01.2019 – 31.12.2019	31.10.2020	Valid	PDF
2018	01.01.2018 – 31.12.2018	28.06.2019	Valid	PDF
2017	01.01.2017 – 31.12.2017	26.06.2018	Valid	PDF
2016	01.09.2015 – 31.12.2016	27.06.2017	Valid	PDF

Unsubmitted declarations

No unsubmitted declarations found

No unsubmitted declarations as of 25.10.2026.

Delayed declarations

VAT return

20.10.2025

23.10.2025

3 d overdue

Check company creditworthiness in seconds

Detailed reviews of company financial risks and strengths

3€ /monthGet started

Tax debt Reports Declarations Court decisions–Official announcements–TTJA decisions–Real estate4 .ee domains–Licenses–Regulations5 Public transactions20 Grants–State aid–Public procurement–Holdings in companies–Enforcement proceedings Payment orders1

Tax data

Period	State taxes	Labour taxes	Taxable turnover	Employees
2026 Q3	2 221 €	2 129 €	6 236 €−33,4%	1
2026 Q2	1 784 €	1 554 €	9 364 €+18,6%	2
2026 Q1	596 €	0 €	7 894 €+29,6%	3
Total 2026:	4 601 €	3 683 €	23 494 €
2025 Q4	271 €	0 €	6 091 €−8,3%	-
2025 Q3	733 €	751 €	6 640 €−25,1%	-
2025 Q2	0 €	0 €	8 871 €+29,6%	1
2025 Q1	287 €	280 €	6 845 €+25,8%	-
Total 2025:	1 291 €	1 031 €	28 447 €
2024 Q4	637 €	840 €	5 442 €−18,6%	-
2024 Q3	1 189 €	840 €	6 688 €+78,0%	1
2024 Q2	547 €	840 €	3 757 €−14,5%	1
2024 Q1	774 €	810 €	4 393 €+28,9%	1
Total 2024:	3 147 €	3 330 €	20 280 €
2023 Q4	497 €	285 €	3 407 €−16,5%	1
2023 Q3	0 €	0 €	4 078 €−58,7%	1
2023 Q2	267 €	0 €	9 880 €−3,8%	-
2023 Q1	164 €	0 €	10 275 €+32,2%	-
Total 2023:	928 €	285 €	27 640 €
2022 Q4	0 €	0 €	7 772 €+67,1%	-
2022 Q3	144 €	0 €	4 651 €+184%	-
2022 Q2	17 €	0 €	1 638 €−19,9%	-
2022 Q1	146 €	0 €	2 044 €−13,8%	-
Total 2022:	307 €	0 €	16 105 €
2021 Q4	89,01 €	0 €	2 371,17 €+415%	-
2021 Q3	0 €	0 €	460,77 €−57,0%	-
2021 Q2	26,55 €	0 €	1 070,53 €+25,5%	-
2021 Q1	24,96 €	0 €	853,15 €+52,6%	-
Total 2021:	140,52 €	0 €	4 755,62 €
2020 Q4	13,12 €	0 €	558,97 €+37,5%	-
2020 Q3	6,17 €	0 €	406,54 €−35,2%	-
2020 Q2	49,64 €	0 €	627,53 €−37,0%	-
2020 Q1	159 €	0 €	996 €−15,4%	0
Total 2020:	227,93 €	0 €	2 589,04 €
2019 Q4	0 €	0 €	1 177 €−29,0%	0
2019 Q3	152 €	0 €	1 657 €+98,4%	0
2019 Q2	43 €	0 €	835 €+0,5%	0
2019 Q1	0 €	0 €	831 €+245%	0
Total 2019:	195 €	0 €	4 500 €
2018 Q4	0 €	0 €	241 €−72,7%	0
2018 Q3	22 €	0 €	882 €+46,8%	0
2018 Q2	49 €	0 €	601 €−41,1%	0
2018 Q1	0 €	0 €	1 020 €−4,8%	0
Total 2018:	71 €	0 €	2 744 €
2017 Q4	34 €	0 €	1 071 €−17,9%	0
2017 Q3	49 €	0 €	1 304 €−3,7%	0
2017 Q2	44 €	0 €	1 354 €+27,3%	0
2017 Q1	25 €	0 €	1 064 €	0
Total 2017:	152 €	0 €	4 793 €
2016 Q4	188 €	0 €	0 €	0
2016 Q3	24 €	0 €	0 €	0
2016 Q2	116 €	0 €	0 €	0
2016 Q1	56 €	0 €	0 €	0
Total 2016:	384 €	0 €	0 €
2015 Q4	42 €	0 €	0 €	0
2015 Q3	0 €	0 €	0 €	0
Total 2015:	42 €	0 €	0 €

Revenue by industry

	2023	2024	2025
Renting and operating of own or leased real estate	20 386 €	39 936 €	40 218 €
Other professional, scientific and technical activities n.e.c.	11 564 €

Tax debts

No tax debt found

No tax debt as of 25.10.2026

Representatives

	Personal ID code
Kristina Kutsar	49307XXXXXX	29.07.1993 (33)	Board member	01.09.2015	-
Taavet Kutsar	39504XXXXXX	29.04.1995 (31)	Board member	01.09.2015	-

4 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Shareholders

	Personal ID code
Taavet Kutsar	39504XXXXXX	29.04.1995 (31)	Shareholder	834 EUR	33,36%	Sole ownership	01.09.2023	-
Georg Caius Kutsar	39706XXXXXX	10.06.1997 (29)	Shareholder	833 EUR	33,32%	Sole ownership	01.09.2023	-
Kristina Kutsar	49307XXXXXX	29.07.1993 (33)	Shareholder	833 EUR	33,32%	Sole ownership	01.09.2023	-

4 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Other persons

	Personal ID code
Georg Caius Kutsar	39706XXXXXX	10.06.1997 (29)	Founder	01.09.2015	-
Kristina Kutsar	49307XXXXXX	29.07.1993 (33)	Founder	01.09.2015	-
Taavet Kutsar	39504XXXXXX	29.04.1995 (31)	Founder	01.09.2015	-

4 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Ultimate beneficial owners

	Personal ID code
Georg Caius Kutsar	39706XXXXXX	10.06.1997 (29)	Direct holding	24.09.2018	-
Kristina Kutsar	49307XXXXXX	29.07.1993 (33)	Direct holding	24.09.2018	-
Taavet Kutsar	39504XXXXXX	29.04.1995 (31)	Direct holding	24.09.2018	-

4 inactive records hidden, extended access to the information portal is required to view history!

3€ /monthGet started

Holdings in companies

No holdings in companies found

Company has no holdings in other companies

2026 Q3

Turnover

Amount: 6 236 €
Monthly average: 2 079 €
Per employee: 2 079 €
Equity ratio: 83,15%

Labour taxes

Turnover ratio: 34,14%
Tax ratio: 95,86%
Monthly average: 710 €
Per employee: 473 €

State taxes

Monthly average: 740 €
Turnover ratio: 35,62%

Estimated salary

Gross salary: 999 €
Net salary: 905 €

Aggregate data

Last 5 yrsAll

	2025	2024	2023	2022	2021	2020	2019
Current assets	3 603 €−6,1%	3 836 €−20,5%	4 825 €−30,3%	6 920 €+372%	1 465 €−47,0%	2 766 €+84,2%	1 502 €
Non-current assets	34 090 €+53,1%	22 272 €−0,4%	22 370 €+4,3%	21 453 €	21 453 €−2,0%	21 894 €+2,0%	21 466 €
Total assets	37 693 €+44,4%	26 108 €−4,0%	27 195 €−4,2%	28 373 €+23,8%	22 918 €−7,1%	24 660 €+7,4%	22 968 €
Short-term liabilities	1 843 €−72,0%	6 588 €−31,5%	9 619 €+87,0%	5 145 €+20,3%	4 276 €+2,5%	4 172 €+31,7%	3 168 €
Long-term liabilities	31 373 €+107%	15 146 €+16,9%	12 951 €−41,1%	21 984 €+39,3%	15 778 €−7,6%	17 077 €+3,2%	16 545 €
Total liabilities	33 216 €+52,8%	21 734 €−3,7%	22 570 €−16,8%	27 129 €+35,3%	20 054 €−5,6%	21 249 €+7,8%	19 713 €
Share or stock capital	-	-	-	-	-	-	-
Retained earnings	-52 126 €−94,0%	-26 875 €−55,7%	-17 256 €−10,4%	-15 636 €−72,1%	-9 088 €+1,7%	-9 245 €−32,0%	-7 004 €
Net profit	103 €+100%	-25 251 €−163%	-9 619 €−494%	-1 620 €+75,3%	-6 548 €−4 297%	156 €+107%	-2 241 €
Equity	4 477 €+2,4%	4 374 €−5,4%	4 625 €+272%	1 244 €−56,6%	2 864 €−16,0%	3 411 €+4,8%	3 255 €
Turnover	40 218 €+0,7%	39 936 €+25,0%	31 950 €+44,3%	22 147 €+181%	7 891 €+30,6%	6 043 €−19,1%	7 471 €
Profit margin	0,3%	-63,2%	-30,1%	-7,3%	-83,0%	2,6%	-30,0%

Financial ratios

	2022	2021
Profit and cash flow
EBITDA	-	-6 157 €
Liquidity
Current ratio	1,3	0,3
Quick ratio	1,3	0,3
Cash ratio	0,4	0,1
Efficiency
Days sales outstanding (dso)	51,8	80,3
Asset turnover	0,9	0,3
Structure
Debt ratio	1,0	0,9
Profitability
Operating margin	-7,3%	-83,6%
Net profit margin	-7,3%	-83,0%
Return on assets (roa)	-6,3%	-27,5%
Return on equity (roe)	-130,2%	-228,6%

Data export

These figures for over 281,000 companies, in one table

Revenue, EBITDA, ROE, ROA and other ratios
Up to five years of reports at once
Excel, CSV or JSON, updated daily

See how it works

To view all financial ratios, you need to subscribe to extended access to the info portal!

3€ /monthGet started

Licences & notices

No licenses and notices found

Company has no active licenses and business activity notices

Regulations


Ä 50014151 / 5	01.09.2023	Entry – Amendment entry	-	Entered into force01.09.2023
Ä 50014151 / 4	18.02.2020	Entry – Amendment entry	-	Entered into force18.02.2020
Ä 50014151 / 3	19.01.2018	Entry – Amendment entry	-	Entered into force19.01.2018
Ä 50014151 / 2	10.12.2017	Entry – Amendment entry	-	Entered into force10.12.2017
Ä 50014151	01.09.2015	Entry – Initial entry	-	Entered into force01.09.2015

Real estate

		Purpose
Mustla mnt 2, Viljandi linn, Viljandi maakondSpace: 1	1990 m²	Residential land 100%
Ridaelamu tee 2, Heimtali küla, Viljandi vald, Viljandi maakondSpace: 3	3444 m²	Commercial land 70%, Residential land 30%
Ridaelamu tee 2, Heimtali küla, Viljandi vald, Viljandi maakondSpace: 6	3444 m²	Commercial land 70%, Residential land 30%
Ridaelamu tee 2, Heimtali küla, Viljandi vald, Viljandi maakondSpace: 7	3444 m²	Commercial land 70%, Residential land 30%

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


04.09.2026	Viljandi Linnavalitsus	685,32 €Received	SOCIAL BENEFITSNational subsistence benefit
10.07.2026	Viljandi Linnavalitsus	420,26 €Received	SOCIAL BENEFITSNational subsistence benefit
10.07.2026	Viljandi Linnavalitsus	392,57 €Received	SOCIAL BENEFITSNational subsistence benefit
10.07.2026	Viljandi Linnavalitsus	316 €Received	SOCIAL BENEFITSNational subsistence benefit
26.06.2026	Viljandi Linnavalitsus	420,26 €Received	SOCIAL BENEFITSNational subsistence benefit

Funded projects

No funded projects found

The company has no projects funded by EU or foreign grants

State aid

No state aid found

The company has not been granted state aid or de minimis aid

Public procurement contracts

No public procurement contracts found

The company has no public procurement contracts

.ee domains

No domains found

Company has no valid .ee domains

Enforcement proceedings

No enforcement proceedings found

Company has no active debts with bailiffs

Payment orders


2-20-133260	Osaühing Ramsi VK	Pärnu Maakohtu maksekäsuosakond	23.12.2020	488 €	423 €	0 €	45 €	20 €

Data comes from public registers.