MULTITECH OÜ

Active Registry code 12523111 OÜ Tartu linn Registered 21 Aug 2013
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MULTITECH OÜ is a OÜ based in Tartu linn, registry code 12523111, status: active. Main activity: Repair and maintenance of motor vehicles. According to EMTA, turnover for Q3 2026 was €74 194 with 3 employees.

Turnover
74 194 €
↑ 38.5% vs Q2 2026
State taxes
10 526 €
↑ 42.8% vs Q2 2026
Labour taxes
2 754 €
↓ 8.2% vs Q2 2026
Employees
3
+1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles · EMTAK 95

  • Turnover · Q3 2026 74 194 €
    industry median 16 262 € · companies in the industry: 2 418
  • Labour taxes per employee 918 €
    industry median 1 157 € · companies in the industry: 1 989
  • Revenue · 2025 157 432 €
    industry median 31 021 € · companies in the industry: 3 445
  • Net profit margin · 2025 -10.5 %
    industry median 1.2 % · companies in the industry: 3 095

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 74 194 € · +38.5% vs Q2 2026 · industry median 16 262 € · above 85% of the industry
020 00040 00060 00080 000Q4 2023 Company: 53 637 € Industry median: 18 720 €Q4·23Q1 2024 Company: 34 766 € Industry median: 15 424 €Q2 2024 Company: 69 748 € Industry median: 18 191 €Q2·24Q3 2024 Company: 56 930 € Industry median: 16 751 €Q4 2024 Company: 40 765 € Industry median: 17 805 €Q4·24Q1 2025 Company: 31 308 € Industry median: 15 170 €Q2 2025 Company: 40 072 € Industry median: 17 159 €Q2·25Q3 2025 Company: 45 483 € Industry median: 15 744 €Q4 2025 Company: 52 632 € Industry median: 17 620 €Q4·25Q1 2026 Company: 32 425 € Industry median: 14 583 €Q2 2026 Company: 53 585 € Industry median: 17 513 €Q2·26Q3 2026 Company: 74 194 € Industry median: 16 262 €Q3·26020 00040 00060 00080 000Q4 2024 Company: 40 765 € Industry median: 17 805 €Q1 2025 Company: 31 308 € Industry median: 15 170 €Q1·25Q2 2025 Company: 40 072 € Industry median: 17 159 €Q3 2025 Company: 45 483 € Industry median: 15 744 €Q3·25Q4 2025 Company: 52 632 € Industry median: 17 620 €Q1 2026 Company: 32 425 € Industry median: 14 583 €Q1·26Q2 2026 Company: 53 585 € Industry median: 17 513 €Q3 2026 Company: 74 194 € Industry median: 16 262 €Q3·26
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 918 € · −38.8% vs Q2 2026 · industry median 1 157 € · above 31% of the industry
05001 0001 500Q4 2023 Company: 762 € Industry median: 883 €Q4·23Q1 2024 Company: 581 € Industry median: 915 €Q2 2024 Company: 863 € Industry median: 1 002 €Q2·24Q3 2024 Company: 863 € Industry median: 1 002 €Q4 2024 Company: 797 € Industry median: 1 002 €Q4·24Q1 2025 Company: 985 € Industry median: 1 047 €Q2 2025 Company: 1 083 € Industry median: 1 106 €Q2·25Q3 2025 Company: 877 € Industry median: 1 126 €Q4 2025 Company: 1 087 € Industry median: 1 109 €Q4·25Q1 2026 Company: 629 € Industry median: 1 088 €Q2 2026 Company: 1 500 € Industry median: 1 111 €Q2·26Q3 2026 Company: 918 € Industry median: 1 157 €Q3·2605001 0001 500Q4 2024 Company: 797 € Industry median: 1 002 €Q1 2025 Company: 985 € Industry median: 1 047 €Q1·25Q2 2025 Company: 1 083 € Industry median: 1 106 €Q3 2025 Company: 877 € Industry median: 1 126 €Q3·25Q4 2025 Company: 1 087 € Industry median: 1 109 €Q1 2026 Company: 629 € Industry median: 1 088 €Q1·26Q2 2026 Company: 1 500 € Industry median: 1 111 €Q3 2026 Company: 918 € Industry median: 1 157 €Q3·26
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 3 · +50.0% vs Q2 2026
0123Q4 2023 Company: 2Q4·23Q1 2024 Company: 2Q2 2024 Company: 2Q2·24Q3 2024 Company: 2Q4 2024 Company: 2Q4·24Q1 2025 Company: 2Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 2Q4·25Q1 2026 Company: 3Q2 2026 Company: 2Q2·26Q3 2026 Company: 3Q3·260123Q4 2024 Company: 2Q1 2025 Company: 2Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 2Q1 2026 Company: 3Q1·26Q2 2026 Company: 2Q3 2026 Company: 3Q3·26
State taxes, € Q3 2026: 10 526 € · +42.8% vs Q2 2026
02 5005 0007 50010 00012 500Q4 2023 Company: 2 860 €Q4·23Q1 2024 Company: 2 256 €Q2 2024 Company: 3 557 €Q2·24Q3 2024 Company: 6 783 €Q4 2024 Company: 3 396 €Q4·24Q1 2025 Company: 3 194 €Q2 2025 Company: 5 312 €Q2·25Q3 2025 Company: 4 236 €Q4 2025 Company: 6 079 €Q4·25Q1 2026 Company: 3 169 €Q2 2026 Company: 7 369 €Q2·26Q3 2026 Company: 10 526 €Q3·2602 5005 0007 50010 00012 500Q4 2024 Company: 3 396 €Q1 2025 Company: 3 194 €Q1·25Q2 2025 Company: 5 312 €Q3 2025 Company: 4 236 €Q3·25Q4 2025 Company: 6 079 €Q1 2026 Company: 3 169 €Q1·26Q2 2026 Company: 7 369 €Q3 2026 Company: 10 526 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 74 194 10 526 2 754 3
Q2 2026 53 585 7 369 3 000 2
Q1 2026 32 425 3 169 1 887 3
Q4 2025 52 632 6 079 2 174 2
Q3 2025 45 483 4 236 1 753 2
Q2 2025 40 072 5 312 2 166 2
Q1 2025 31 308 3 194 1 969 2
Q4 2024 40 765 3 396 1 594 2
Q3 2024 56 930 6 783 1 725 2
Q2 2024 69 748 3 557 1 725 2
Q1 2024 34 766 2 256 1 162 2
Q4 2023 53 637 2 860 1 524 2
Q3 2023 56 108 3 922 3 644 2
Q2 2023 39 319 4 318 3 722 2
Q1 2023 75 117 11 053 3 837 2
Q4 2022 99 402 11 450 1 601 2
Q3 2022 80 191 9 043 643 2
Q2 2022 64 249 3 800 471 1
Q1 2022 53 888 4 082 777 1
Labour taxes per employee per month
306 €
Turnover per employee in the quarter
24 731 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 157 432 € · −19.1% vs 2024 · industry median 31 021 € · above 84% of the industry
01002003002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 138 734 € Industry median: 31 418 €20192020 Company: 130 546 € Industry median: 28 236 €20202021 Company: 189 976 € Industry median: 30 821 €20212022 Company: 294 243 € Industry median: 33 182 €20222023 Company: 191 670 € Industry median: 32 651 €20232024 Company: 194 559 € Industry median: 32 944 €20242025 Company: 157 432 € Industry median: 31 021 €202501002003002018 Company: — Industry median: —2019 Company: 138 734 € Industry median: 31 418 €20192020 Company: 130 546 € Industry median: 28 236 €2021 Company: 189 976 € Industry median: 30 821 €20212022 Company: 294 243 € Industry median: 33 182 €2023 Company: 191 670 € Industry median: 32 651 €20232024 Company: 194 559 € Industry median: 32 944 €2025 Company: 157 432 € Industry median: 31 021 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -16 519 € · −8 933.7% vs 2024 · industry median 188 € · above 2% of the industry
-20 000020 00040 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 791 € Industry median: 407 €20192020 Company: -383 € Industry median: 239 €20202021 Company: 26 189 € Industry median: 334 €20212022 Company: 37 929 € Industry median: 409 €20222023 Company: 3 520 € Industry median: 453 €20232024 Company: 187 € Industry median: 285 €20242025 Company: -16 519 € Industry median: 188 €2025-20 000020 00040 0002018 Company: — Industry median: —2019 Company: 791 € Industry median: 407 €20192020 Company: -383 € Industry median: 239 €2021 Company: 26 189 € Industry median: 334 €20212022 Company: 37 929 € Industry median: 409 €2023 Company: 3 520 € Industry median: 453 €20232024 Company: 187 € Industry median: 285 €2025 Company: -16 519 € Industry median: 188 €2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -10.5 % · −10.6 pp vs the year before · industry median 1.2 % · above 16% of the industry
-15-10-50510152016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 0.6 % Industry median: 1.9 %20192020 Company: -0.3 % Industry median: 1.5 %20202021 Company: 13.8 % Industry median: 2.0 %20212022 Company: 12.9 % Industry median: 1.8 %20222023 Company: 1.8 % Industry median: 2.1 %20232024 Company: 0.1 % Industry median: 1.4 %20242025 Company: -10.5 % Industry median: 1.2 %2025-15-10-50510152018 Company: — Industry median: —2019 Company: 0.6 % Industry median: 1.9 %20192020 Company: -0.3 % Industry median: 1.5 %2021 Company: 13.8 % Industry median: 2.0 %20212022 Company: 12.9 % Industry median: 1.8 %2023 Company: 1.8 % Industry median: 2.1 %20232024 Company: 0.1 % Industry median: 1.4 %2025 Company: -10.5 % Industry median: 1.2 %2025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 98 749 € · −19.6% vs 2024
0501001502016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 44 963 €20192020 Company: 44 531 €20202021 Company: 86 608 €20212022 Company: 126 469 €20222023 Company: 108 290 €20232024 Company: 122 779 €20242025 Company: 98 749 €20250501001502018 Company: —2019 Company: 44 963 €20192020 Company: 44 531 €2021 Company: 86 608 €20212022 Company: 126 469 €2023 Company: 108 290 €20232024 Company: 122 779 €2025 Company: 98 749 €2025
Equity, € 2025: 66 739 € · −19.8% vs 2024
020 00040 00060 00080 000100 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 15 816 €20192020 Company: 15 433 €20202021 Company: 41 625 €20212022 Company: 79 554 €20222023 Company: 83 073 €20232024 Company: 83 258 €20242025 Company: 66 739 €2025020 00040 00060 00080 000100 0002018 Company: —2019 Company: 15 816 €20192020 Company: 15 433 €2021 Company: 41 625 €20212022 Company: 79 554 €2023 Company: 83 073 €20232024 Company: 83 258 €2025 Company: 66 739 €2025
Employees 2025: 2 · +0.0% vs 2024 · industry median 1 · above 55% of the industry
0.00.51.01.52.02016 Company: 2 Industry median: —20162017 Company: 2 Industry median: —20172018 Company: 2 Industry median: 220182019 Company: 2 Industry median: 220192020 Company: 2 Industry median: 220202021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 120242025 Company: 2 Industry median: 120250.00.51.01.52.02018 Company: 2 Industry median: 22019 Company: 2 Industry median: 220192020 Company: 2 Industry median: 22021 Company: 1 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 2 Industry median: 120232024 Company: 2 Industry median: 12025 Company: 2 Industry median: 12025
  • Company
  • Industry median

Industry: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 157 432 -16 519 25 043 98 749 66 739 2
2024 194 559 187 22 742 122 779 83 258 2
2023 191 670 3 520 30 973 108 290 83 073 2
2022 294 243 37 929 16 445 126 469 79 554 1
2021 189 976 26 189 16 587 86 608 41 625 1
2020 130 546 -383 28 685 44 531 15 433 2
2019 138 734 791 25 459 44 963 15 816 2
2018 — — — — — 2
2017 — — — — — 2
2016 — — — — — 2
2015 — — — — — 2
2014 — — — — — 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
-10.5 %
Net profit / revenue
Return on equity (ROE)
-24.8 %
Net profit / equity
Return on assets (ROA)
-16.7 %
Net profit / assets
Equity ratio
67.6 %
Equity / assets
Debt ratio
32.4 %
Liabilities / assets
Current ratio
1.69
Current assets / current liabilities
Revenue per employee
78 716 €
Revenue / average full-time employees
Labour cost per employee per month
1 043 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 30 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 30 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 14 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 21 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 2 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Company’s own e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 30 Oct 2020 Company’s own e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Beneficial owners

  • Taivo Laas
    Direct ownership · since 20 Oct 2018

Founders and other persons

  • Taivo Laas
    Founder · 2 500 € · 14 Aug 2013
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 95311Repair and maintenance of motor vehicles Main
Rulings
Number, date Title Deadline State Document
Ä 20064853 / 6
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 20064853 / 5
28 Jun 2021
Amendment under Commercial Code § 525 (2) In force
28 Jun 2021
PDF
Ä 20064853 / 4
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 20064853 / 3
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20064853 / 2
6 Dec 2017
Amendment entry In force
6 Dec 2017
PDF
Ä 20064853
21 Aug 2013
First entry In force
21 Aug 2013
PDF
Ä 20064853 / M1
14 Aug 2013
Ruling to eliminate deficiencies 13 Sep 2013 Deficiencies eliminated
15 Aug 2013
PDF

Sources: e-Äriregister and EMTA. Data updated 26 Oct 2026. Open at the source ↗ · Report an error in the data