Saarte Metsamajanduse OÜ

Registered
10862228Private limited company (OÜ)Founded 2002

Key figures

1 379 339 €+13,6%
Revenue 2025
−11,8%
Average annual change 2019–2025
01 m2 m3 m2019202020212022202320242025

Ratios

2025

Summary: Saarte Metsamajanduse OÜ

What kind of company is it?

Saarte Metsamajanduse OÜ (registry code 10862228) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 24 years. Registered location: Kuressaare linn, Saaremaa vald, Saare maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE100786208).

How is the company doing financially?

Revenue in financial year 2025 was 1 379 339 €, up 13,6% on the previous year (1 214 672 €). From 2019 to 2025, revenue declined by an average of 11,8% per year. Net profit for financial year 2025 was 197 797 € (14,3% of revenue). The company was profitable in 5 of the 7 published financial years. In financial year 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 153 260 €. At the end of financial year 2025, total assets were 13 184 696 € and equity 7 979 133 € (60,5% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 340 047 €, up 15,2% on the same quarter a year earlier. The company had 13 employees in that quarter. Labour taxes paid in the quarter: 24 383 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1280 € per month.

Who runs the company and who owns it?

The company has one management board member. The sole owner of the company is 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 25.05.2026. 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.

Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026340 047 €1324 383 €
Q2 2026414 704 €1423 320 €
Q1 2026556 847 €1520 448 €
Q4 2025383 526 €1423 386 €
Q3 2025295 116 €1324 376 €
Q2 2025306 479 €1323 613 €
Q1 2025451 921 €1323 166 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
202431 035 €
20230 €
2022344 333 €
20210 €
2020100 000 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue2 045 2881 903 1341 230 7651 214 6721 379 339
Net profit238 655−58 736130 46614 382197 797
Retained earnings7 822 7347 717 0567 658 3207 757 7517 772 133
Total assets10 160 65710 054 77212 994 04012 992 46513 184 696
Total liabilities2 090 0652 387 2495 196 0515 211 1295 205 563
Total equity8 070 5927 667 5237 797 9897 781 3367 979 133
Employees131110109
Average gross salary (monthly)10841273138914011534
Calculated dividend0344 333031 0350

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 obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Saarte Metsamajanduse…9+Marek Mägi9+Reimo Nook
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

7 records

State aid and de minimis aid in total 21 845 € (2014–2022). Largest grantors: Elering AS (19 400 €), SA Keskkonnainvesteeringute Keskus (2433 €), Põllumajanduse Registrite ja Informatsiooni Amet (13 €).

Show all aid records (7)
202288 €
20215 €
202019 407 €
20161801 €
2014544 €
GrantorPurposeAmountDate
SA Keskkonnainvesteeringute KeskusVäljaspool Natura 2000 võrgustiku ala asuvate erametsaalade looduskaitseliste piirangute hüvitamise toetus88 €10.11.2022
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)5600 €31.12.2020
Elering ASTegevusabi taastuvallikatest toodetud energia edendamiseks väikekäitistes (artikkel 43)13 800 €31.12.2020
SA Keskkonnainvesteeringute KeskusMetsa uuendamine1801 €03.11.2016
SA Keskkonnainvesteeringute KeskusMetsa inventeerimine ja metsamajandamiskava koostamine544 €10.09.2014

The total also includes 2 tax reductions worth 13 € (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

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Related companies