Forest Steel OÜ
RegisteredKey figures
Ratios
2025Summary: Forest Steel OÜ
What kind of company is it?
Forest Steel OÜ (registry code 11242516) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 20 years. Registered location: Tartu linn, Tartu maakond. According to the latest annual report, the main activity is wholesale of lifting and handling equipment and machinery and their parts, including containers (EMTAK 46642). The company is registered for VAT (VAT number EE101580348).
How is the company doing financially?
Revenue in financial year 2025 was 165 133 €, down 21,7% on the previous year (210 768 €). From 2019 to 2025, revenue declined by an average of 19,9% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 9428 €. The company was profitable in 3 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 82 567 €. At the end of financial year 2025, total assets were 310 130 € and equity 284 607 € (91,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 36 676 €, down 32,1% on the same quarter a year earlier. The company had 1 employees in that quarter. Labour taxes paid in the quarter: 1820 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1250 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 3 owners. The largest stake (60%) 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 29.06.2026. 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 | 36 676 € | 1 | 1820 € |
| Q2 2026 | 4956 € | 1 | 923 € |
| Q1 2026 | 45 524 € | 1 | 2743 € |
| Q4 2025 | 43 737 € | 1 | 1252 € |
| Q3 2025 | 53 988 € | — | 0 € |
| Q2 2025 | 34 029 € | — | 0 € |
| Q1 2025 | 23 291 € | — | 1408 € |
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 | 342 535 | 486 810 | 580 995 | 210 768 | 165 133 |
| Net profit | 25 784 | −64 237 | 14 391 | −30 255 | −9428 |
| Retained earnings | 350 540 | 376 324 | 312 087 | 321 478 | 291 223 |
| Total assets | 469 748 | 382 809 | 463 063 | 349 358 | 310 130 |
| Total liabilities | 90 612 | 67 910 | 133 773 | 55 323 | 25 523 |
| Total equity | 379 136 | 314 899 | 329 290 | 294 035 | 284 607 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1464 | 1614 | 1749 | 1503 | — |
| Calculated dividend | 0 | 0 | 0 | 5000 | 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 note6 clear
Data from public registers, not a credit rating.
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State aid and grants
2 recordsState aid and de minimis aid in total 51 000 € (2020). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (51 000 €).
Show all aid records (2)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Interest subsidy | 1000 € | 27.11.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Guarantee | 50 000 € | 27.11.2020 |
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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