Multi24 OÜ

Active Registry code 14850423 OÜ Tallinn Registered 18 Nov 2019
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Multi24 OÜ is a OÜ based in Tallinn, registry code 14850423, status: active. Main activity: Construction of residential and non-residential buildings. According to EMTA, turnover for Q3 2026 was €21 438 with 1 employees.

Turnover
21 438 €
↑ 5.6% vs Q2 2026
State taxes
3 409 €
↓ 35.3% vs Q2 2026
Labour taxes
1 103 €
↑ 0.0% vs Q2 2026
Employees
1
±0 vs Q2 2026

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

Position in the industry Construction of residential and non-residential buildings · EMTAK 41

  • Turnover · Q3 2026 21 438 €
    industry median 25 270 € · companies in the industry: 4 697
  • Labour taxes per employee 1 103 €
    industry median 1 211 € · companies in the industry: 4 133
  • Revenue · 2025 55 005 €
    industry median 38 239 € · companies in the industry: 7 001
  • Net profit margin · 2025 -10.5 %
    industry median 3.5 % · companies in the industry: 5 562

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € Q3 2026: 21 438 € · +5.6% vs Q2 2026 · industry median 25 270 € · above 46% of the industry
010 00020 00030 00040 000Q4 2023 Company: 31 675 € Industry median: 26 427 €Q4·23Q1 2024 Company: 11 050 € Industry median: 19 618 €Q2 2024 Company: 14 233 € Industry median: 21 373 €Q2·24Q3 2024 Company: 12 985 € Industry median: 26 160 €Q4 2024 Company: 19 913 € Industry median: 25 496 €Q4·24Q1 2025 Company: 9 918 € Industry median: 19 576 €Q2 2025 Company: 16 043 € Industry median: 22 577 €Q2·25Q3 2025 Company: 16 187 € Industry median: 25 546 €Q4 2025 Company: 15 261 € Industry median: 25 754 €Q4·25Q1 2026 Company: 11 260 € Industry median: 20 462 €Q2 2026 Company: 20 293 € Industry median: 22 677 €Q2·26Q3 2026 Company: 21 438 € Industry median: 25 270 €Q3·26010 00020 00030 000Q4 2024 Company: 19 913 € Industry median: 25 496 €Q1 2025 Company: 9 918 € Industry median: 19 576 €Q1·25Q2 2025 Company: 16 043 € Industry median: 22 577 €Q3 2025 Company: 16 187 € Industry median: 25 546 €Q3·25Q4 2025 Company: 15 261 € Industry median: 25 754 €Q1 2026 Company: 11 260 € Industry median: 20 462 €Q1·26Q2 2026 Company: 20 293 € Industry median: 22 677 €Q3 2026 Company: 21 438 € Industry median: 25 270 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 103 € · +0.0% vs Q2 2026 · industry median 1 211 € · above 41% of the industry
05001 0001 5002 000Q4 2023 Company: 912 € Industry median: 1 145 €Q4·23Q1 2024 Company: 1 228 € Industry median: 1 097 €Q2 2024 Company: 1 002 € Industry median: 1 083 €Q2·24Q3 2024 Company: 662 € Industry median: 1 142 €Q4 2024 Company: 1 323 € Industry median: 1 179 €Q4·24Q1 2025 Company: 1 817 € Industry median: 1 188 €Q2 2025 Company: 945 € Industry median: 1 149 €Q2·25Q3 2025 Company: 1 133 € Industry median: 1 208 €Q4 2025 Company: 1 889 € Industry median: 1 254 €Q4·25Q1 2026 Company: 1 467 € Industry median: 1 183 €Q2 2026 Company: 1 103 € Industry median: 1 166 €Q2·26Q3 2026 Company: 1 103 € Industry median: 1 211 €Q3·2605001 0001 5002 000Q4 2024 Company: 1 323 € Industry median: 1 179 €Q1 2025 Company: 1 817 € Industry median: 1 188 €Q1·25Q2 2025 Company: 945 € Industry median: 1 149 €Q3 2025 Company: 1 133 € Industry median: 1 208 €Q3·25Q4 2025 Company: 1 889 € Industry median: 1 254 €Q1 2026 Company: 1 467 € Industry median: 1 183 €Q1·26Q2 2026 Company: 1 103 € Industry median: 1 166 €Q3 2026 Company: 1 103 € Industry median: 1 211 €Q3·26
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 1 · +0.0% vs Q2 2026
0.00.51.01.52.0Q4 2023 Company: 1Q4·23Q1 2024 Company: 1Q2 2024 Company: 1Q2·24Q3 2024 Company: 2Q4 2024 Company: 1Q4·24Q1 2025 Company: 1Q2 2025 Company: 2Q2·25Q3 2025 Company: 2Q4 2025 Company: 1Q4·25Q1 2026 Company: 1Q2 2026 Company: 1Q2·26Q3 2026 Company: 1Q3·260.00.51.01.52.0Q4 2024 Company: 1Q1 2025 Company: 1Q1·25Q2 2025 Company: 2Q3 2025 Company: 2Q3·25Q4 2025 Company: 1Q1 2026 Company: 1Q1·26Q2 2026 Company: 1Q3 2026 Company: 1Q3·26
State taxes, € Q3 2026: 3 409 € · −35.3% vs Q2 2026
02 0004 0006 000Q4 2023 Company: 5 786 €Q4·23Q1 2024 Company: 2 166 €Q2 2024 Company: 2 814 €Q2·24Q3 2024 Company: 2 046 €Q4 2024 Company: 3 799 €Q4·24Q1 2025 Company: 2 992 €Q2 2025 Company: 4 387 €Q2·25Q3 2025 Company: 4 207 €Q4 2025 Company: 4 858 €Q4·25Q1 2026 Company: 2 303 €Q2 2026 Company: 5 266 €Q2·26Q3 2026 Company: 3 409 €Q3·2602 0004 0006 000Q4 2024 Company: 3 799 €Q1 2025 Company: 2 992 €Q1·25Q2 2025 Company: 4 387 €Q3 2025 Company: 4 207 €Q3·25Q4 2025 Company: 4 858 €Q1 2026 Company: 2 303 €Q1·26Q2 2026 Company: 5 266 €Q3 2026 Company: 3 409 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 21 438 3 409 1 103 1
Q2 2026 20 293 5 266 1 103 1
Q1 2026 11 260 2 303 1 467 1
Q4 2025 15 261 4 858 1 889 1
Q3 2025 16 187 4 207 2 266 2
Q2 2025 16 043 4 387 1 889 2
Q1 2025 9 918 2 992 1 817 1
Q4 2024 19 913 3 799 1 323 1
Q3 2024 12 985 2 046 1 323 2
Q2 2024 14 233 2 814 1 002 1
Q1 2024 11 050 2 166 1 228 1
Q4 2023 31 675 5 786 912 1
Q3 2023 19 821 3 579 1 240 2
Q2 2023 22 747 3 839 1 121 1
Q1 2023 22 850 9 457 2 020 2
Q4 2022 25 116 4 297 812 1
Q3 2022 36 896 7 174 1 083 1
Q2 2022 18 472 3 932 812 1
Q1 2022 6 594 1 312 772 1
Labour taxes per employee per month
368 €
Turnover per employee in the quarter
21 438 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025
Revenue, € thousand 2025: 55 005 € · −7.2% vs 2024 · industry median 38 239 € · above 58% of the industry
02550751001252019 Company: 0 € Industry median: 38 887 €20192020 Company: 37 731 € Industry median: 35 417 €20202021 Company: 55 812 € Industry median: 38 300 €20212022 Company: 101 810 € Industry median: 39 540 €20222023 Company: 84 543 € Industry median: 37 253 €20232024 Company: 59 296 € Industry median: 37 686 €20242025 Company: 55 005 € Industry median: 38 239 €202502550751001252019 Company: 0 € Industry median: 38 887 €20192020 Company: 37 731 € Industry median: 35 417 €2021 Company: 55 812 € Industry median: 38 300 €20212022 Company: 101 810 € Industry median: 39 540 €2023 Company: 84 543 € Industry median: 37 253 €20232024 Company: 59 296 € Industry median: 37 686 €2025 Company: 55 005 € Industry median: 38 239 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -5 751 € · −716.4% vs 2024 · industry median 409 € · above 14% of the industry
-10 000010 00020 00030 0002019 Company: -2 227 € Industry median: 641 €20192020 Company: 18 591 € Industry median: 284 €20202021 Company: -2 198 € Industry median: 315 €20212022 Company: 22 265 € Industry median: 397 €20222023 Company: 7 312 € Industry median: 253 €20232024 Company: 933 € Industry median: 107 €20242025 Company: -5 751 € Industry median: 409 €2025-10 000010 00020 00030 0002019 Company: -2 227 € Industry median: 641 €20192020 Company: 18 591 € Industry median: 284 €2021 Company: -2 198 € Industry median: 315 €20212022 Company: 22 265 € Industry median: 397 €2023 Company: 7 312 € Industry median: 253 €20232024 Company: 933 € Industry median: 107 €2025 Company: -5 751 € Industry median: 409 €2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -10.5 % · −12.0 pp vs the year before · industry median 3.5 % · above 17% of the industry
-2002040602019 Company: — Industry median: 4.5 %20192020 Company: 49.3 % Industry median: 4.0 %20202021 Company: -3.9 % Industry median: 3.8 %20212022 Company: 21.9 % Industry median: 3.9 %20222023 Company: 8.6 % Industry median: 3.9 %20232024 Company: 1.6 % Industry median: 2.8 %20242025 Company: -10.5 % Industry median: 3.5 %2025-2002040602019 Company: — Industry median: 4.5 %20192020 Company: 49.3 % Industry median: 4.0 %2021 Company: -3.9 % Industry median: 3.8 %20212022 Company: 21.9 % Industry median: 3.9 %2023 Company: 8.6 % Industry median: 3.9 %20232024 Company: 1.6 % Industry median: 2.8 %2025 Company: -10.5 % Industry median: 3.5 %2025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 43 766 € · −15.2% vs 2024
020 00040 00060 0002019 Company: —20192020 Company: 20 633 €20202021 Company: 20 721 €20212022 Company: 38 000 €20222023 Company: 38 260 €20232024 Company: 51 590 €20242025 Company: 43 766 €2025020 00040 00060 0002019 Company: —20192020 Company: 20 633 €2021 Company: 20 721 €20212022 Company: 38 000 €2023 Company: 38 260 €20232024 Company: 51 590 €2025 Company: 43 766 €2025
Equity, € 2025: 27 331 € · −17.4% vs 2024
-10 000010 00020 00030 00040 0002019 Company: -2 227 €20192020 Company: 16 364 €20202021 Company: 16 666 €20212022 Company: 24 931 €20222023 Company: 32 150 €20232024 Company: 33 083 €20242025 Company: 27 331 €2025-10 000010 00020 00030 00040 0002019 Company: -2 227 €20192020 Company: 16 364 €2021 Company: 16 666 €20212022 Company: 24 931 €2023 Company: 32 150 €20232024 Company: 33 083 €2025 Company: 27 331 €2025
Employees 2025: 2 · +100.0% vs 2024 · industry median 2 · above 50% of the industry
0.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 220202021 Company: 2 Industry median: 220212022 Company: 1 Industry median: 220222023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 220242025 Company: 2 Industry median: 220250.00.51.01.52.02019 Company: 0 Industry median: 220192020 Company: 1 Industry median: 22021 Company: 2 Industry median: 220212022 Company: 1 Industry median: 22023 Company: 1 Industry median: 220232024 Company: 1 Industry median: 22025 Company: 2 Industry median: 22025
  • Company
  • Industry median

Industry: Construction of residential and non-residential buildings (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 55 005 -5 751 25 007 43 766 27 331 2
2024 59 296 933 16 457 51 590 33 083 1
2023 84 543 7 312 14 969 38 260 32 150 1
2022 101 810 22 265 13 285 38 000 24 931 1
2021 55 812 -2 198 13 502 20 721 16 666 2
2020 37 731 18 591 4 502 20 633 16 364 1
2019 0 -2 227 0 — -2 227 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)
-21.0 %
Net profit / equity
Return on assets (ROA)
-13.1 %
Net profit / assets
Equity ratio
62.4 %
Equity / assets
Debt ratio
37.6 %
Liabilities / assets
Current ratio
2.46
Current assets / current liabilities
Revenue per employee
27 503 €
Revenue / average full-time employees
Labour cost per employee per month
1 042 €
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 22 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 29 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 30 Jun 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 29 Jun 2023 Company’s own e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 30 Jun 2022 Company’s own e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 28 Jun 2021 Company’s own e-Äriregister
2019 18 Nov 2019 – 31 Dec 2019 30 Aug 2021 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

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 41001Construction of residential and non-residential buildings Main
Rulings
Number, date Title Deadline State Document
Ä 50133282 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50133282 / 2
16 Nov 2021
Amendment entry In force
16 Nov 2021
PDF
Ä 50133282 / M2
30 Aug 2021
Warning of a fine: deficiencies in the annual report 29 Sep 2021 Deficiencies eliminated
30 Aug 2021
PDF
Ä 50133282 / M1
28 Jul 2021
Ruling to eliminate deficiencies in the annual report 27 Aug 2021 Deficiencies eliminated
30 Aug 2021
PDF
Ä 50133282
18 Nov 2019
First entry In force
18 Nov 2019
PDF

Sources: e-Äriregister and EMTA. Data updated 27 Oct 2026. Open at the source ↗ · Report an error in the data