Osaühing StarforestRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 1 608 111 € | 3 | 9001 € |
| Q2 2026 | 893 556 € | 3 | 9001 € |
| Q1 2026 | 1 600 181 € | 3 | 9703 € |
| Q4 2025 | 1 261 649 € | 3 | 11 106 € |
| Q3 2025 | 804 359 € | 3 | 11 106 € |
| Q2 2025 | 931 166 € | 3 | 11 106 € |
| Q1 2025 | 1 653 506 € | 3 | 10 783 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 2 410 105 | 3 952 885 | 5 358 678 | 8 160 623 | 1 694 032 | 1 610 797 | 1 633 348 |
| Total non-current assets | 931 926 | 802 605 | 985 317 | 1 136 825 | 5 046 729 | 6 042 232 | 8 403 127 |
| Total assets | 3 342 031 | 4 755 490 | 6 343 995 | 9 297 448 | 6 740 761 | 7 653 029 | 10 036 475 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 470 326 | 1 046 654 | 358 179 | 552 942 | 352 396 | 388 133 | 736 711 |
| Non-current liabilities | 384 595 | 0 | 477 823 | 436 456 | 366 584 | 533 569 | 48 273 |
| Total liabilities | 854 921 | 1 046 654 | 836 002 | 989 398 | 718 980 | 921 702 | 784 984 |
| Share capital | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 | 20 000 |
| Retained earnings of previous periods | 2 333 187 | 2 466 854 | 3 686 836 | 5 385 993 | 8 186 050 | 5 999 781 | 6 709 327 |
| Profit for the year | 133 667 | 1 221 726 | 1 799 157 | 2 900 057 | −2 186 269 | 709 546 | 2 520 164 |
| Reserves and other equity | 256 | 256 | 2000 | 2000 | 2000 | 2000 | 2000 |
| Total equity | 2 487 110 | 3 708 836 | 5 507 993 | 8 308 050 | 6 021 781 | 6 731 327 | 9 251 491 |
| Income statement | |||||||
| Sales revenue | 3 913 774 | 2 651 483 | 4 612 973 | 7 389 596 | 4 835 691 | 5 291 971 | 4 479 770 |
| Operating profit | 148 912 | 1 238 695 | 1 815 971 | 2 918 790 | −2 139 063 | 737 196 | 2 538 520 |
| EBITDA | 149 312 | 1 239 095 | 1 828 974 | 2 938 349 | −2 118 381 | 762 318 | 2 564 779 |
| Profit before income tax | 133 667 | 1 221 726 | 1 799 157 | 2 922 996 | −2 166 236 | 709 546 | 2 520 164 |
| Profit for the reporting year | 133 667 | 1 221 726 | 1 799 157 | 2 900 057 | −2 186 269 | 709 546 | 2 520 164 |
| Labour costs | 45 497 | 48 940 | 54 967 | 87 280 | 98 106 | 103 114 | 102 623 |
| Depreciation of non-current assets | 400 | 400 | 13 003 | 19 559 | 20 682 | 25 122 | 26 259 |
| Other indicators | |||||||
| Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Calculated dividend | — | 0 | 0 | 100 000 | 100 000 | 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.
Risks and obligations1 note5 clear
Data from public registers, not a credit rating.
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Public procurement
1 contractsPublic contracts won worth 0 € from 1 contracting authorities (08.07.2024–08.07.2024). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Garaaži- ja töökojaseadmete ostmine, remont ja hooldus · Garaaži- ja töökojaseadmete remont ja hooldus · joint bid | Riigi Kaitseinvesteeringute Keskus | up to 2 750 000 € | 08.07.2024 |
Source: Public Procurement Register open data from October 2023. All public tenders
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Summary: Osaühing Starforest
Overview
Osaühing Starforest (registry code 10503699) is a private limited company (OÜ). The company was entered in the Commercial Register in 1998 and has been registered for 27 years. Registered location: Pärnu linn, Pärnu maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE100508648).
Financial results
Revenue in financial year 2025 was 4 479 770 €, down 15,3% on the previous year (5 291 971 €). From 2019 to 2025, revenue grew by an average of 2,3% per year. Net profit for financial year 2025 was 2 520 164 € (56,3% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 2 239 885 €. At the end of financial year 2025, total assets were 10 036 475 € and equity 9 251 491 € (92,2% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 1 608 111 €, up 99,9% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 9001 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1920 € per month.
Management and owners
The company has one management board member. According to the register, the company has 3 owners. The largest stake (71%) is held by Starforest Kapital OÜ.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 21.05.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.