Forstal OÜ
RegisteredKey figures
Ratios
2025Summary: Forstal OÜ
What kind of company is it?
Forstal OÜ (registry code 10705015) is a private limited company (OÜ). The company was entered in the Commercial Register in 2000 and has been registered for 26 years. Registered location: Rapla linn, Rapla vald, Rapla maakond. According to the latest annual report, the main activity is construction of residential and non-residential buildings (EMTAK 41001). The company is registered for VAT (VAT number EE100670408).
How is the company doing financially?
Revenue in financial year 2025 was 752 568 €, down 1,1% on the previous year (760 661 €). From 2019 to 2025, revenue declined by an average of 3,9% per year. Net profit for financial year 2025 was 3527 € (0,5% of revenue). The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 7 employees (8 a year earlier). Revenue per employee was 107 510 €. At the end of financial year 2025, total assets were 60 112 € and equity 21 820 € (36,3% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 148 340 €, down 56,4% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 15 694 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1200 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 2 owners. The largest stake (50%) is held by a private individual.
Where does the data come from and how fresh is it?
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 23.07.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 148 340 € | 9 | 15 694 € |
| Q2 2026 | 90 824 € | 9 | 15 026 € |
| Q1 2026 | 75 000 € | 9 | 17 397 € |
| Q4 2025 | 187 199 € | 10 | 16 923 € |
| Q3 2025 | 340 593 € | 10 | 20 081 € |
| Q2 2025 | 185 602 € | 11 | 17 975 € |
| Q1 2025 | 77 171 € | 11 | 17 732 € |
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.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 801 265 | 1 003 693 | 750 013 | 760 661 | 752 568 |
| Net profit | −1635 | 5837 | −24 971 | −80 460 | 3527 |
| Retained earnings | 102 183 | 100 548 | 106 386 | 81 415 | 954 |
| Total assets | 222 707 | 236 834 | 182 302 | 143 374 | 60 112 |
| Total liabilities | 104 820 | 113 110 | 83 548 | 125 080 | 38 292 |
| Total equity | 117 887 | 123 724 | 98 754 | 18 294 | 21 820 |
| Employees | 7 | 8 | 8 | 8 | 7 |
| Average gross salary (monthly) | 1129 | 1138 | 1419 | 1353 | 1732 |
| Calculated dividend | 0 | 0 | 0 | 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 note2 for information4 clear
- In favour of the consumer · 17.12.2015
Data from public registers, not a credit rating.
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State aid and grants
8 recordsState aid and de minimis aid in total 23 002 € (2017–2023). Largest grantors: Eesti Töötukassa (17 675 €), Ettevõtluse ja Innovatsiooni Sihtasutus (5089 €), Põllumajanduse Registrite ja Informatsiooni Amet (237 €).
Show all aid records (8)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Eesti Töötukassa | Palgatoetus VTA | 3688 € | 15.02.2023 |
| Eesti Töötukassa | Palgatoetus VTA | 3786 € | 07.11.2022 |
| Eesti Töötukassa | Palgatoetus VTA | 1168 € | 01.10.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 3975 € | 27.08.2021 |
| Eesti Töötukassa | Palgatoetus VTA | 5058 € | 18.10.2017 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 5089 € | 30.03.2017 |
The total also includes 2 tax reductions worth 237 € (e.g. the excise reduction on marked diesel fuel), not listed separately in the table.
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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