Norcut OÜRegistered
Key figures
119 246 €+8,2%
Revenue 2025
+31,7%
Average annual growth 2021–2025
Ratios
202514,0%
Profit margin
22,4%
EBITDA margin
61,3%
Equity ratio
3,1×
Current ratio
32,4%
Return on equity
1725 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 42 145 € | 3 | 7990 € |
| Q1 2026 | 49 611 € | 3 | 4471 € |
| Q4 2025 | 36 002 € | 3 | 2475 € |
| Q3 2025 | 34 274 € | 2 | 1943 € |
| Q2 2025 | 25 441 € | 2 | 1943 € |
| Q1 2025 | 37 717 € | 2 | 1724 € |
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
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 4059 | 16 537 | 26 047 | 42 978 | 52 168 |
| Total non-current assets | 17 609 | 38 950 | 32 443 | 28 980 | 31 520 |
| Total assets | 21 668 | 55 487 | 58 490 | 71 958 | 83 688 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 5195 | 14 162 | 11 319 | 20 670 | 17 004 |
| Non-current liabilities | 15 000 | 32 304 | 30 465 | 16 623 | 15 370 |
| Total liabilities | 20 195 | 46 466 | 41 784 | 37 293 | 32 374 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | — | 1473 | 9021 | 16 706 | 34 666 |
| Profit for the year | 1473 | 7548 | 7685 | 17 959 | 16 648 |
| Reserves and other equity | — | −2500 | −2500 | −2500 | −2500 |
| Total equity | 1473 | 9021 | 16 706 | 34 665 | 51 314 |
| Income statement | |||||
| Sales revenue | 39 639 | 81 533 | 104 252 | 110 254 | 119 246 |
| Operating profit | 2223 | 9126 | 10 831 | 21 386 | 18 635 |
| EBITDA | 3193 | 11 035 | 17 339 | 28 157 | 26 756 |
| Profit before income tax | 1473 | 7548 | 7685 | 17 959 | 16 648 |
| Profit for the reporting year | 1473 | 7548 | 7685 | 17 959 | 16 648 |
| Labour costs | 7429 | 21 815 | 27 967 | 23 119 | 22 975 |
| Depreciation of non-current assets | 970 | 1909 | 6508 | 6771 | 8121 |
| Other indicators | |||||
| Employees | 1 | 1 | 2 | 2 | 2 |
| Calculated dividend | — | — | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
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