Formforest OÜ
RegisteredKey figures
Ratios
2025Summary: Formforest OÜ
What kind of company is it?
Formforest OÜ (registry code 10943688) is a private limited company (OÜ). The company was entered in the Commercial Register in 2003 and has been registered for 23 years. Registered location: Käo küla, Elva vald, Tartu maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE100897427).
How is the company doing financially?
Revenue in financial year 2025 was 366 977 €, down 4,6% on the previous year (384 650 €). From 2019 to 2025, revenue declined by an average of 1,3% per year. Net profit for financial year 2025 was 29 694 € (8,1% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 122 326 €. At the end of financial year 2025, total assets were 425 816 € and equity 206 903 € (48,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 84 038 €, up 118% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 8265 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2560 € 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 09.06.2026. 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 | 84 038 € | 2 | 8265 € |
| Q2 2026 | 76 658 € | 2 | 13 091 € |
| Q1 2026 | 148 274 € | 3 | 15 155 € |
| Q4 2025 | 128 970 € | 3 | 15 201 € |
| Q3 2025 | 38 616 € | 3 | 9426 € |
| Q2 2025 | 73 493 € | 3 | 12 670 € |
| Q1 2025 | 98 222 € | 3 | 13 466 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 314 768 | 409 578 | 387 854 | 384 650 | 366 977 |
| Net profit | 1029 | 9687 | 26 420 | −44 156 | 29 694 |
| Retained earnings | 181 418 | 182 446 | 192 133 | 218 553 | 174 397 |
| Total assets | 361 757 | 298 457 | 618 083 | 474 446 | 425 816 |
| Total liabilities | 176 498 | 103 512 | 396 718 | 297 237 | 218 913 |
| Total equity | 185 259 | 194 945 | 221 365 | 177 209 | 206 903 |
| Employees | 3 | 3 | 3 | 3 | 3 |
| Average gross salary (monthly) | 2026 | 1816 | 2279 | 2437 | 2402 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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