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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

Kulturnik OÜ

🇪🇪Estonia•Osaühing•Active
Net margin (2024)Net margin
71.4%
YoY revenue (2023 vs 2024)YoY revenue
+818.6%
Current ratio (2019)Current ratio

Summary

Country🇪🇪Estonia
StatusActive
Registration Number12738544
Founded20/10/2014
AddressSuur-Posti Tn 1/2-3, Pärnu Linn, Pärnu Linn, Pärnu Maakond, Pärnu Linn, Pärnu Maakond, 80019

Legal & Status

Legal FormOsaühing
StatusActive
Registration Date20/10/2014
Registry AuthorityEstonian Business Register / Äriregister
Registered Capital2,500

Source: Estonia RIK · Last updated: 24/04/2026

Timeline (2 events)

24/04/2026

Legal form changed

→ Osaühing

20/10/2014

Company incorporated

Incorporation date: 2014-10-20

Network

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Network depth

Ownership & Management

Persons with significant control

Sten Karpov

Person with significant control

Appointed: 24/10/2018

—

Ownership Timeline (1 changes)

24/10/2018

Appointed Sten Karpov (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Suur-Posti Tn 1/2-3

Pärnu Linn, Pärnu Linn, Pärnu Maakond

Pärnu Linn

Pärnu Maakond

80019

Financials

Key figures from annual accounts filings.

Convert to

2019

Turnover: €11.4K

Key figures

Turnover

2019€11,430
2020€1,375
2021€4,060
2022€150
2023€1,755
2024€16,122

Revenue

2019€11,430
2020€1,375
2021€4,060
2022€150
2023€1,755
2024€16,122

Profit / (loss)

2019€8,306
2020€-3,823
2021€2,094
2022€-2,915
2023€-1,608
2024€11,509

Total assets

2019€30,229
2020€26,232
2021€28,326
2022€25,412
2023€23,804
2024€35,313

Equity

2019€30,055
2020€26,232
2021€28,326
2022€25,412
2023€23,804
2024€35,313

Share Capital

2019€2,500
2020€2,500
2021€2,500
2022€2,500
2023€2,500
2024€2,500

Current Assets

2019€29,739
2020€22,387
2021€24,011
2022€22,836
2023€22,819
2024€35,313

Assets

2019€30,229
2020€26,232
2021€28,326
2022€25,412
2023€23,804
2024€35,313

Cash And Cash Equivalents

2019—
2020—
2021—
2022—
2023—
2024€35,268

Current Liabilities

2019€174
2020€0
2021—
2022—
2023—
2024—

Depreciation And Impairment Loss Reversal

2019€-577
2020€-840
2021€-613
2022€-1,740
2023€-1,591
2024€-985

Issued Capital

2019€2,500
2020€2,500
2021€2,500
2022€2,500
2023€2,500
2024€2,500

Non Current Assets

2019€490
2020€3,845
2021€4,315
2022€2,576
2023€985
2024€0

Retained Earnings Loss

2019€21,749
2020€30,055
2021€26,233
2022€28,327
2023€25,412
2024€23,804

Total Annual Period Profit Loss

2019€8,306
2020€-3,823
2021€2,094
2022€-2,915
2023€-1,608
2024€11,509

Total Profit Loss

2019€8,305
2020€-3,823
2021€2,092
2022€-2,915
2023€-1,608
2024€11,509

Total Profit Loss Before Tax

2019€8,306
2020€-3,823
2021€2,094
2022€-2,915
2023€-1,608
2024€11,509
Metric201920202021202220232024
Turnover€11,430€1,375€4,060€150€1,755€16,122
Revenue€11,430€1,375€4,060€150€1,755€16,122
Profit / (loss)€8,306€-3,823€2,094€-2,915€-1,608€11,509
Total assets€30,229€26,232€28,326€25,412€23,804€35,313
Equity€30,055€26,232€28,326€25,412€23,804€35,313
Share Capital€2,500€2,500€2,500€2,500€2,500€2,500
Current Assets€29,739€22,387€24,011€22,836€22,819€35,313
Assets€30,229€26,232€28,326€25,412€23,804€35,313
Cash And Cash Equivalents—————€35,268
Current Liabilities€174€0————
Depreciation And Impairment Loss Reversal€-577€-840€-613€-1,740€-1,591€-985
Issued Capital€2,500€2,500€2,500€2,500€2,500€2,500
Non Current Assets€490€3,845€4,315€2,576€985€0
Retained Earnings Loss€21,749€30,055€26,233€28,327€25,412€23,804
Total Annual Period Profit Loss€8,306€-3,823€2,094€-2,915€-1,608€11,509
Total Profit Loss€8,305€-3,823€2,092€-2,915€-1,608€11,509
Total Profit Loss Before Tax€8,306€-3,823€2,094€-2,915€-1,608€11,509

Documents

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Annual report

Accounts for the accounting period ending on: 31/12/2024

Filed: 25/08/2025

Annual report

Accounts for the accounting period ending on: 31/12/2023

Filed: 25/06/2024

Annual report

Accounts for the accounting period ending on: 31/12/2022

Filed: 30/06/2023

Annual report

Accounts for the accounting period ending on: 31/12/2021

Filed: 12/06/2022

Annual report

Accounts for the accounting period ending on: 31/12/2020

Filed: 25/04/2021

Annual report

Accounts for the accounting period ending on: 31/12/2019

Filed: 26/04/2020

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170.91×
Liabilities to equity (2019)Liabilities to equity
0.01×
YoY profit / (loss) (2023 vs 2024)YoY profit / (loss)
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Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Margins

Net margin (2019)
72.7%
Net margin (2020)
-278%
Net margin (2021)
51.6%
Net margin (2022)
-1,943.3%
Net margin (2023)
-91.6%
Net margin (2024)
71.4%

Growth

YoY revenue (2019 vs 2020)
-88%
YoY profit / (loss) (2019 vs 2020)
-146%
YoY total assets (2019 vs 2020)
-13.2%
YoY revenue (2020 vs 2021)
+195.3%
YoY profit / (loss) (2020 vs 2021)
+154.8%

Efficiency & returns

Asset turnover (2019)
0.38×
Return on assets (net) (2019)
27.5%
Asset turnover (2020)
0.05×
Return on assets (net) (2020)
-14.6%
Asset turnover (2021)
0.14×
Return on assets (net) (2021)
7.4%

Working capital & liquidity

Current ratio (2019)
170.91×

Capital structure

Equity ratio (2019)
99.4%
Liabilities to total assets (2019)
0.6%
Liabilities to equity (2019)
0.01×
Equity ratio (2020)
100%
Equity ratio (2021)
100%
  1. Home
  2. –Estonia
  3. –Pärnu Linn
  4. –Kulturnik OÜ
YoY total assets (2020 vs 2021)
+8%
YoY revenue (2021 vs 2022)
-96.3%
YoY profit / (loss) (2021 vs 2022)
-239.2%
YoY total assets (2021 vs 2022)
-10.3%
YoY revenue (2022 vs 2023)
+1,070%
YoY profit / (loss) (2022 vs 2023)
+44.8%
YoY total assets (2022 vs 2023)
-6.3%
YoY revenue (2023 vs 2024)
+818.6%
YoY profit / (loss) (2023 vs 2024)
+815.7%
YoY total assets (2023 vs 2024)
+48.3%
CAGR revenue (2019–2024)
+7.1%
CAGR profit / (loss) (2019–2024)
+6.7%
CAGR total assets (2019–2024)
+3.2%
Asset turnover (2022)
0.01×
Return on assets (net) (2022)
-11.5%
Asset turnover (2023)
0.07×
Return on assets (net) (2023)
-6.8%
Asset turnover (2024)
0.46×
Return on assets (net) (2024)
32.6%
Equity ratio (2022)
100%
Equity ratio (2023)
100%
Equity ratio (2024)
100%