Multitrade Construction OÜ

Registered
12945591Private limited company (OÜ)Founded 2015

Key figures

3 611 929 €+59,8%
Revenue 2025
+32,2%
Average annual growth 2019–2025
01 m2 m3 m4 m2019202020212022202320242025

Ratios

2025

Summary: Multitrade Construction OÜ

What kind of company is it?

Multitrade Construction OÜ (registry code 12945591) is a private limited company (OÜ). The company was entered in the Commercial Register in 2015 and has been registered for 10 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is non-specialised wholesale agency services (EMTAK 46191). The company is registered for VAT (VAT number EE101885166).

How is the company doing financially?

Revenue in financial year 2025 was 3 611 929 €, up 59,8% on the previous year (2 259 667 €). From 2019 to 2025, revenue grew by an average of 32,2% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 80 008 € (2,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 5 employees. Revenue per employee was 722 386 €. At the end of financial year 2025, total assets were 947 900 € and equity 865 428 € (91,3% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 211 351 €, down 81,8% on the same quarter a year earlier. The company had 8 employees in that quarter. Labour taxes paid in the quarter: 12 756 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1120 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is Silver Stream Projekt OÜ.

Where does the data come from and how fresh is it?

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026211 351 €812 756 €
Q2 2026216 344 €712 756 €
Q1 2026125 778 €714 480 €
Q4 2025769 350 €715 884 €
Q3 20251 161 960 €819 525 €
Q2 20251 042 654 €717 344 €
Q1 2025734 784 €615 588 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Summary of financial statements2021–2025
20212022202320242025
Sales revenue541 736969 7903 290 1902 259 6673 611 929
Net profit10 000295 244347 69077 04480 008
Retained earnings55 44165 441360 685708 375785 420
Total assets390 067528 335766 969901 934947 900
Total liabilities324 626167 65058 594116 51582 472
Total equity65 441360 685708 375785 419865 428
Employees1215555
Average gross salary (monthly)761620154320062172
Calculated dividend00000

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligations1 note6 clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
Filed late: 2023, 2024
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Multitrade Constructi…Silver Stream Projekt…2Igor Ustinov
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

2 records

State aid and de minimis aid in total 17 761 € (2022–2024). Largest grantors: Eesti Töötukassa (17 761 €).

Show all aid records (2)
202415 661 €
20222100 €
GrantorPurposeAmountDate
Eesti TöötukassaPalgatoetus VTA15 661 €27.03.2024
Eesti TöötukassaPalgatoetus VTA2100 €07.06.2022

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

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Source: e-Business Register (RIK). Files open/download directly from the official register.

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