Norcut OÜ is a OÜ based in Aaviku küla, registry code 16197051, status: active. Main activity: Machining of metals. According to EMTA, turnover for Q3 2026 was €47 207 with 3 employees.
Turnover
47 207 €
↑ 12.0%vs Q2 2026
State taxes
15 759 €
↑ 13.8%vs Q2 2026
Labour taxes
7 990 €
↑ 0.0%vs Q2 2026
Employees
3
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Manufacture of fabricated metal products, except machinery and equipment · EMTAK 25
Turnover · Q3 202647 207 €
above 48% of companies
industry median 53 962 € · companies in the industry: 1 358
Labour taxes per employee2 663 €
above 66% of companies
industry median 1 942 € · companies in the industry: 1 121
Revenue · 2025119 246 €
above 57% of companies
industry median 71 144 € · companies in the industry: 1 712
Net profit margin · 202514.0 %
above 77% of companies
industry median 3.4 % · companies in the industry: 1 414
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € Q3 2026: 47 207 € · +12.0% vs Q2 2026 · industry median 53 962 € · above 48% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 2 663 € · +0.0% vs Q2 2026 · industry median 1 942 € · above 66% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 3 · +0.0% vs Q2 2026State taxes, € Q3 2026: 15 759 € · +13.8% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
47 207
15 759
7 990
3
Q2 2026
42 145
13 842
7 990
3
Q1 2026
49 611
13 609
4 471
3
Q4 2025
36 002
7 711
2 475
3
Q3 2025
34 274
5 250
1 943
2
Q2 2025
25 441
5 295
1 943
2
Q1 2025
37 717
8 971
1 724
2
Q4 2024
27 385
2 722
1 611
2
Q3 2024
24 437
4 741
1 689
2
Q2 2024
18 319
3 602
2 199
2
Q1 2024
49 693
5 083
1 968
2
Q4 2023
27 757
7 036
2 599
2
Q3 2023
19 631
3 575
3 585
2
Q2 2023
33 392
5 718
1 788
3
Q1 2023
12 381
2 772
2 024
3
Q4 2022
24 195
3 857
1 190
3
Q3 2022
21 336
3 443
781
1
Q2 2022
23 116
2 922
781
3
Q1 2022
14 183
3 088
704
3
Labour taxes per employee per month
888 €
Turnover per employee in the quarter
15 736 €
Q3 2026 · calculated from EMTA data
Financials by year
2021 – 2025
Revenue, € thousand 2025: 119 246 € · +8.2% vs 2024 · industry median 71 144 € · above 57% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: 16 648 € · −7.3% vs 2024 · industry median 904 € · above 75% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: 14.0 % · −2.3 pp vs the year before · industry median 3.4 % · above 77% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € 2025: 83 688 € · +16.3% vs 2024Equity, € 2025: 51 314 € · +48.0% vs 2024Employees2025: 2 · +0.0% vs 2024 · industry median 3 · above 35% of the industry
Company
Industry median
Industry: Manufacture of fabricated metal products, except machinery and equipment (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
119 246
16 648
29 787
83 688
51 314
2
2024
110 254
17 959
23 119
71 958
34 665
2
2023
104 242
7 685
27 967
58 490
16 706
2
2022
81 533
7 548
21 816
55 487
9 021
1
2021
39 639
1 473
7 429
21 668
1 473
1
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
14.0 %
Net profit / revenue
Return on equity (ROE)
32.4 %
Net profit / equity
Return on assets (ROA)
19.9 %
Net profit / assets
Equity ratio
61.3 %
Equity / assets
Debt ratio
38.7 %
Liabilities / assets
Current ratio
3.07
Current assets / current liabilities
Revenue per employee
59 623 €
Revenue / average full-time employees
Labour cost per employee per month
1 241 €
Labour costs / employees / 12 months (incl. employer taxes)
